White House Aides Financially Comfortable

[kskiska]

WASHINGTON (AP) - Several top White House aides to President Bush are well-to-do, with investments in stocks, bonds and real estate, according to their financial disclosure forms released Tuesday.

White House chief of staff Andrew Card has $900,000 to $1.9 million invested in stock and bond funds, and homes in Maine and Massachusetts worth $350,000 to $750,000. Card, who has a long career in government, was a lobbyist for the auto industry in the 1990s.

The president's political adviser, Karl Rove, has between $725,000 and $1.8 million in stock and bond funds, plus Florida real estate worth half a million dollars to $1 million and rental property in Texas worth $100,000 to $250,000.

During the year, Rove, a longtime political consultant in Texas, sold a bed and breakfast business worth between $500,000 and a million dollars in Ingram, Texas.

National security adviser Condoleezza Rice has $475,000 to $1.1 million invested in stocks and bond funds, plus partnerships in an office building and rental property worth $150,000 to $350,000. Rice has a retirement fund worth half a million to a million dollars from Stanford University, where she served as provost.

more…
http://www.guardian.co.uk/worldlatest/story/0,1280,-4209284,00.html

[rocketdem]

1. Those had better be blind trusts or "hands off" mutual funds.

All this stocks and bonds stuff is not appropriate for government officials unless they're tied up in blind trusts or at the very least mutual funds. Shoot, they enforce draconian limits on what the lowliest civil servants can own if they are at all involved in any level of proposal evaluation or contract oversight.

[punpirate]

2. Hmmm...

... prison time and suitable fines for conspiracy and revealing the identity of a CIA agent might bring them a little humility....

[leesa]

3. Crime pays.

[PartyPooper]

5. Especially if you're a Republican in this regime.

[JayS]

9. Sadly, it really does...across the board.

June 15, 2004, 1:18AM
Senators' financial disclosures show vast wealth
Associated Press
http://www.chron.com/cs/CDA/ssistory.mpl/nation/2628020



WASHINGTON -- Senators' financial disclosure reports showed anew Monday how wealthy most of them are, with quirky nuggets like a $1,059.75 Taurus and the gift of a sled dog buried amid trust funds, blind trusts and real estate holdings.

Sen. Edward Kennedy, D-Mass., who reported from $8 million to $40 million in family trust funds, listed up to $2,500 in rental income for a single parking space in Boston.

Senate Majority Leader Bill Frist, R-Tenn., said his three sons' holdings included small interests in Krispy Kreme Doughnuts and Wendy's International Inc. Those companies' fast-food products seem counterintuitive for the senator, a heart surgeon and avid jogger.

*SNIP*

Once again, the filings show that riches know no political boundary and that the Senate's millionaires are not limited to those from families of renowned wealth.

*SNIP*

[KissMyAsscroft]

4. Shit, i bet they have more than that.

I bet they have a ton of money in the Caymans. That seems like a pretty lowball estimate.

[daleo]

6. I guess I am just lazy

But I always wonder what keeps these crooks coming to work if they already have that kind of dough. Look at Rummy - the guy is like 70+ years old. Don't these evil creatures just ever want to retire? And crashcart - the guy's ticker could go any day, and he still carries on trying to conquer the world. Why not just take it easy, and lie around a nice exclusive beach resort?

[Justitia]

10. It's not about the $$$, it's about World Domination & power -eom

[rooboy]

7. Don't forget the money they earn in prostitution. n/t

[Eye and Monkey]

8. Subtext: And Rapidly Becoming Moreso