Comments on: Cheney Betting Against The Dollar

By: ttg

ttg — Tue, 02 Dec 2008 19:45:28 +0000

Cheney’s “charitable contributions” were another insider scam on his part to game the system. It was not generosity. He made out like a bandit on it.

http://gubermintcheez.blogspot.com/2006/04/cheney-and-his-charity-donations.html

By: Chris

Chris — Wed, 16 Apr 2008 16:42:24 +0000

“As Barack Obama found out last week, when you run for president you can’t even get away with being a lousy giver to charity. After Mr. and Mrs. Obama released their tax returns, the press quickly noticed that, between 2000 and 2004, they gave less than one percent of their income to charity, far lower than the national average. Their giving rose to a laudable five percent in 2005 and six percent in 2006, with the explosion of their annual income to near $1 million, and the advent of Mr. Obama’s national political aspirations (representing a rare case in which political ambition apparently led to social benefit).

According to an Obama spokesman, the couple’s miserly charity until 2005 “was as generous as they could be at the time,” given their personal expenses. In other words, despite an annual average income over the period of about $244,000, they simply could not afford to give anything meaningful….

The Obamas got rich in 2005. Their income increased sevenfold from 2004 to 2005, mostly because of Mr. Obama’s book royalties, and stayed very high in 2006 for the same reason. In 2006, another wealthy political couple with significant book royalties was Mr. and Mrs. Cheney, who had a combined income of $8.8 million, largely due to Mrs. Cheney’s books and the couple’s investment income. Just how much did the Cheneys give to charity from their bonanza? A MEASLEY 78 PERCENT of their income, or $6.9 million. (No, that is not a misprint.)” MORE

By: The 55th Carnival of Money Stories - Tax Day Edition — The Baglady

The 55th Carnival of Money Stories - Tax Day Edition — The Baglady — Tue, 15 Apr 2008 05:03:04 +0000

[...] Income Investor presents Cheney Betting Against The Dollar posted at LIVING OFF DIVIDENDS & PASSIVE [...]

By: Living Off Dividends

Living Off Dividends — Fri, 04 Apr 2008 06:36:57 +0000

another advantage of having all your assets in T-bills is that you can’t spend $80,000 on hookers!!!

By: James

James — Fri, 04 Apr 2008 05:36:32 +0000

Great Posting. I’ve often though there should be a requirement that high ranking public officials convert all their assets into t-bills for their time in office.