Saturday, May 14, 2005

Friends and Gifts

In light of today's report on the POTUS and VPOTUS wealth situation, I figure I either need to get new friends of have my friends get me better gifts.

Now, don't get me wrong. I don't know what the heck I would do with a $ 14,000 dollar gun, but I sure could use a new $ 2,700 bicycle (no doubt the very one he was riding when his wife and pals were under threat when a plane flew into whitehouse protected airspace).

I suppose the reason why they are so dead set against the Social Security system is that such gifts are seen as bricabrac to line the shelves of one's ranch rather than things to list on Ebay to fund the next month's rent becuase they can't seem to scrape together enough money to feed the family even despite working three jobs for minimum wage or less.

Slice:

A $14,000 shotgun, a $2,700 mountain bike and five fishing rods were among $26,346 in gifts President Bush accepted last year, according to his financial disclosure form released Friday which also listed millions of dollars the president has invested in U.S. Treasury notes and certificates of deposit.

The annual disclosures required by law offered a glimpse into the president and Vice President Dick Cheney's wealth — and what they gave each other for Christmas last year.

As might be appropriate for a second-in-command, Cheney spent more — $170 more — than Bush did on him. Cheney gave Bush a $595 clock that the president keeps on his desk in the Oval Office. Bush gave Cheney a $425 globe on a wooden stand.

But because federal ethics law allows them to list the values of their assets in wide ranges, rather than precise numbers, it is difficult to discern whether the two are wealthier than they were a year ago.

The disclosure, for instance, said Bush's 1,583-acre ranch was worth between $1 million and $5 million. The president reported having at least $4.95 million in Treasury notes, $750,000 in certificates of deposits and $217,000 in checking and money market accounts. Bush owns the mineral rights valued at up to $15,000 on property in Reeves County, Te

2 comments:

Anonymous said...


The president reported having at least $4.95 million in Treasury notes, $750,000 in certificates of deposits and $217,000 in checking and money market accounts.

So where are the stocks that earn 9% above inflation that Bush recommends for proposed Social Security ''Private Account'' holders?

SheaNC said...

Those treasury notes are what he referred to as "worthless IOU's" during his social security privatization tour! Damn the hypocrite George Bush!