Friday, May 16, 2008

Money Bags Cheney's wealth is triple that of Bush.


Both are thieves, but this is a case of financial intelligence vs. illiterate intelligence. One knows how to keep his money, diversify, lower his taxes and income and position himself long term cleverly and illegally. The other doesn't know how to keep his money, diversify, lower his taxes and income. He rather blow his money on pet projects and expects his wealthy parents to bail him out.


WASHINGTON (AP) — The tens of millions of dollars in assets reported by Vice President Dick Cheney and his wife, Lynne, triple those held by President Bush and the first lady, Laura Bush.Bush kept much of his money invested fairly conservatively, in U.S. Treasury notes and certificates of deposit, according to financial disclosure reports released Thursday.Cheney spread his money around, at least $15.8 million in mutual funds that include bonds, international equities and domestic stocks.In the financial wild ride of 2007, Bush's wealth appears to have held steady while Cheney's seemed to decline a little.

Of course, how much difference does it really make when you're talking real wealth — $7 million to $20 million in the case of Bush, $20 million to $100 million in the case of Cheney, according to the documents released by the White House.

For example, how much is Bush's Texas ranch worth? According to the financial disclosure forms, the 1,583-acre spread near Crawford is worth somewhere between $1 million and $5 million — the same range listed for Cheney's undeveloped real estate in McLean, Va.

On their financial disclosure reports, the president and vice president also revealed they received a number of gifts last year.

May 15 is the annual deadline for top government officials and members of Congress to file the forms. The congressional forms will be released next month.

http://www.chicagotribune.com/news/nationworld/chi-bush-cheney-wealth-web-051508may16,0,2852621.story

1 comment:

airJackie said...

What good is a man's wealth if he loses his soul. Cheney lost his soul and like the rest of us will leave here with nothing. Bush will always be haunted by his Father. The drinking and drugs help him live day to day. So many before these two gained wealth and power by evil/greedy means and we have seen how it turns out. If people would read about those who were powerful and rich they would see what's really behind the veil. Some people learn to late that being wealthy isn't being rich. Living your life with love and caring of others is worth more then this world can offer. The richest man/woman is the one who gives what has no price.