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Show Me the Money: Bush, Cheney Release Financial Records
May 15, 2008 11:31 AM
ABC News' Ann Compton Reports: President Bush and Vice President Cheney are showing the public the money.
Bush's annual financial disclosure documents released Thursday show he has four checking accounts, a health savings account, and most of his investments in a blind trust. The 2007 forms required by federal law value his Texas ranch at under $5-million. And a year before he hosted daughter Jenna's wedding, the president cashed in several certificates of deposit.
The disclosures list only broad ranges of values, so it is not possible to determine an official's exact net worth. There are specifics, however, on some of the details.
First Lady Laura Bush, who has just published the children's book "Read All About It" with daughter Jenna Hager, is giving all royalties to charity, including the Boys and girls Clubs of America and Teach for America. Mrs. Bush also gets $12,000 so-called "pin" money from the estate of Henry G. Freeman who willed the money to every First lady, starting in 1917.
Vice President Dick Cheney has substantially more wealth, several millions more, held in trusts.
On the gift list required by government ethics laws, President Bush revealed he accepted a $6,000 mountain bike from the Trek company of Wisconsin, fishing gear and Texas boots from friends, $579 night vision goggles from Vice president Cheney, and a power mower from his White House staff, presumably for the ranch, not for trimming the South Lawn.
May 15, 2008 in Veepstakes, Vote 2008: Democrats | Permalink | User Comments (11)
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and how much does anyone in his family receive from stock options...
Posted by: dl | May 15, 2008 11:56:20 AM
The Cheney's are the most generous people to ever occupy high office. In fact, if you care to examine his tax disclosures when he took office, you will find that he donated all his Halliburton stock options to several charities, we are talking about 8 million dollars worth. In 2000 when Bush chose Cheney as his running mate, he immediately disposed of his stock options based on the notion that his occupying public office effectively was a conflict of Interest (for those of you who live in NJ, Senator Menedez used government money to support one of his low income housing projects). If you count Federal (state - which there was none) taxes along with Cheney's charitable contributions close to 70% of his income went to the goverment or charity.
Compare this percentage to any of the candidates running for public office, simply put there is no comparison. If Cheny were a Democrat (or Joe Lieberman at the time) the press would have been be singing his praises for weeks.
Praise which would have embarassed this good man!
Posted by: Laurence Wagman | May 15, 2008 12:38:40 PM
Laurence, give me a break. When asked about the 4000+ men and women that have died in Iraq, cheney responded, "they volunteered". This coming from a man who took 5 deferments to stay out of Vietnam.(Of course he may have shot at the wrong side if he did go.) As long as this guys belly is full and he has lots of $$$ in the bank he could care less about others. 6 more months of this JERK. And it will not come soon enough.
Posted by: pt | May 15, 2008 1:24:20 PM
Bush's "golf" sacrifice is the most egregious statement I ever heard any politician utter. Also, it is proved to be a falsehood because there is video of the liar teeing off months after he purportedly quit. As for Cheney, he clearly the greediest corporate prostitute who ever held office. Neither one of these two has lost so much as an hour of sleep over the needless deaths they have caused in Iraq.
Posted by: bluedem | May 15, 2008 1:33:50 PM
Lawrence must also remember that Mr. Richard Bruce Cheney's fist act as Mr.Bush's runingmate in 2000 was to hire a lawer to prove that, though he lived in Texas, thus breaking a law that prohibits two people living in the same state to run as P. and VP., he lived in Wyoming, where he had a vacation house.
and to pt, i would recomend the number of more than one-million Iraqi's killed and two million displaced as refugees. In contrast to the 4500 GI killed in Iraq, the suffering of Iraqis is exponentially more important.
work for peace,
james
Posted by: james | May 15, 2008 8:39:15 PM
Hope he is not counting on making big bucks for speaking engagements , some how I don't think he will be in demand .
Posted by: John K | May 16, 2008 1:37:02 AM
Laurence Wagman , yessirrrreeeee Cheney is a real gem of a human being isn't he ? How much has he made off Halliburton etc and the Iraq invasion / occupation hmmmmmmmm ? It is just incredible how GD stupid and completely brainless some people are , am surprised you can type frankly .
Posted by: John K | May 16, 2008 1:43:19 AM
Bill, we LOVE you! Talk baby! Talk!
Posted by: irma | May 16, 2008 1:52:23 PM
I bought my own Trek bike and haven't been responsible for any deaths that I know of.
Bush is a few steps removed from being a war criminal and Trek GIVES HIM a $6,000 bike. Some values there, Trek.
Posted by: Dave B | May 16, 2008 11:02:23 PM
I sure hope Cheney doesn't think he's gonna be an astronaut either. He's way too fat! Astronaut, what an idiot!
Posted by: Jim S | Nov 16, 2008 9:39:14 AM
Couldn't agree more John K! What brainless jerks thinking giving 70% of your income to Charity is better than giving 1-3% like Biden and Obama.
Posted by: Jim S | Nov 16, 2008 9:41:53 AM
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