Bush May Have Lost Wealth During Presidency.......... - Mercedes-Benz Forum

 
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post #1 of 9 (permalink) Old 05-16-2008, 06:56 AM Thread Starter
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Bush May Have Lost Wealth During Presidency..........

Bush May Have Lost Wealth During Presidency

President Bush's financial fortunes appear to have declined over the past seven years, with his family assets dropping as low as $6.5 million, according to disclosure forms released yesterday.

Bush and his wife, Laura, were worth at least $9 million and as much as $24 million at the start of his term. The Bushes could still be worth as much as $20 million now, according to the financial documents filed with the Office of Government Ethics, which requires assets to be reported only within broad ranges.

Vice President Cheney and his wife, Lynne, have fared better, reporting assets of at least $21 million and as much as $99 million, the forms show. The Cheneys are at least as wealthy as they were when the vice president entered office, and may have added as much as $29 million to their net worth during his tenure.

President Bush's biggest asset is a 1,600-acre family ranch near Crawford, Tex., which is listed as being worth between $1 million and $5 million. Most of the Bush family holdings are in real estate and a blind trust.

Last year, Bush reported assets of a minimum of $7.5 million.

The forms show that Bush and Cheney both received a variety of gifts last year, mostly related to outdoor activities. Among the gifts Bush kept were a $6,160 bicycle given to him by a Wisconsin bike manufacturer, custom Hawaiian shirts and fly-fishing equipment.

Cheney received a two-day vacation and a book on duck calls from the Greenbriar Lodge of Carlisle, Ark., valued at $1,600. He also received an $801 gift package from the Fox television show "24," including director's chairs, coffee mugs and DVDs.

The annual financial disclosure forms filed with the ethics office report assets and income figures in wide categories, making it impossible to determine exact figures on wealth. Tax forms released last month, however, showed 2007 income of $924,000 for the Bushes and $3 million for the Cheneys.

Bush May Have Lost Wealth During Presidency
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post #2 of 9 (permalink) Old 05-16-2008, 06:58 AM
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Why, bless their little, poor hearts. It pains me to see them have to make cut backs.

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post #3 of 9 (permalink) Old 05-16-2008, 07:01 AM
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Watch what happens after they leave office; payback time!
There have to be some sort of compensation waiting for them for fucking up the average American otherwise they are more stupid than I though they were. I just pray that there is justice to catch up with their actions and make them pay dearly for their intransigences.
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post #4 of 9 (permalink) Old 05-16-2008, 07:09 AM
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But, but what about big OIL? SHhhhhhh

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post #5 of 9 (permalink) Old 05-16-2008, 07:15 AM
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But, but what about big OIL? SHhhhhhh
what about Big Oil? be patient and watch how the kickback system works yo
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post #6 of 9 (permalink) Old 05-16-2008, 07:16 AM
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I think big oil's doing rather nicely
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post #7 of 9 (permalink) Old 05-16-2008, 07:50 AM
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But, but what about big OIL? SHhhhhhh
Yes, what about it? Let's have a report on how his daddy did. I bet W has enough to tide him over until the millions his dad has made on oil and weapons comes in.

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post #8 of 9 (permalink) Old 05-16-2008, 08:02 AM
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Is he required to report on any off-shore secret bank accounts? Or the IOUs on all the corporate stocks? I wonder how much is spread out in Jeb's, Neil's, Marvin's and Dorothy's accounts? They are not public figures so they are not required to report anything.

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post #9 of 9 (permalink) Old 05-16-2008, 08:10 AM
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showed 2007 income of $924,000 for the Bushes
This number alone shows he has other incomes besides the $400K annual salary he receives. I cannot imagine Laura Bush can make up the $500K difference unless she is a bigger whore than we know.

Now Dickhead made $3M last year, that explains why you never see him doing his "job". Why should he if his moonlighting pays more than his day job? He must be flying all over the country giving speeches, or not.

And their supporters think they are not lining their own pockets. Right.

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