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Wealthy Forbes Kerry Camp Tries to Hide Tax Returns

Discussion in 'BBS Hangout: Debate & Discussion' started by El_Conquistador, Apr 15, 2004.

  1. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    The hypocrisy continues! This is unbelievable! What is she hiding? This has scandal written all over it.

    TERESA FIGHTS TO KEEP HER TAX RETURNS PRIVATE

    **Exclusive**

    Democratic presidential candidate John Kerry, who has called for full-disclosure of rivals' tax returns, now faces growing pressure to release his wife's records.

    But in a Tax Day controversy, Teresa Heinz Kerry is personally determined to keep her returns out of public view -- at any cost!

    "This is my life, my business, not John's," Mrs. Kerry recently explained to a campaign staffer, a top source tells the DRUDGE REPORT. "I think it is very important to keep the privacy zone. There is a tradition of this."

    GHOST OF FERRARO

    Top Kerry campaign staffers fear Heinz Kerry will not be able to hold back calls for a public release, the DRUDGE REPORT has learned.

    Staffers have been studying the '84 presidential campaign, when former Dem VP Candidate Geraldine Ferraro conceded release of her husband's tax returns, but only after an excruciating media fight!

    Ferraro said that when she asked her husband, John Zaccaro, to release the returns his reaction was, "I won't tell you how to run the country and don't you tell me how to run my business."

    Asked by reporters why Zaccaro was opposed to releasing his tax return, she said, "He feels his business interests would be affected."

    That summer, a NEW YORK TIMES editorial hit Ferraro for refusing to disclose her husband's returns: "Disclosing tax returns, as originally promised, would not amount to telling Mr. Zaccaro how to run his business."

    HEINZ ASSETS USED TO BOOST CAMPAIGN

    In December '03, Kerry announced that he loaned his campaign $6.4 Million by mortgaging a share of a Boston home he jointly owns with his wife.

    Teresa Heinz Kerry paid cash for the Beacon Hill mansion in January 1995.

    But according To Kerry's own 1994 senate personal financial disclosure [signed May, 15, 1995], Kerry's own personal net worth was somewhere between a negative $130,000 to positive $34,995.

    The current loan on the house carries an annual interest payment of $200,000, records show, more than Kerry's $158,000 Senate salary.

    Kerry's campaign insists he intends to pay off the 30-year mortgage himself.

    "Sen. Kerry is a man who has considerable assets," spokesman Michael Meehan explains.

    But Kerry's own financial disclosures show no assets sufficient to pay the loan -- or even a way to keep up with the interest payments!

    Besides a blurring of Heinz-Kerry assets, the campaign is also wresting with past quotes made by Kerry himself.

    In his 1990 Senate race, Kerry asked his challenger to "clear the air" by releasing tax returns.

    "I think people want to know whether someone they possibly might send to Washington to represent them in the Senate is someone who pays their fair share of taxes,'" Kerry said. "Why is James Rappaport hiding his tax returns?" Kerry asked. "Why is it some people can live up to that standard and he can't? It seems to me that he ought to be able to release those returns and clear the air...

    "Why doesn't he just release them? What is he hiding?"

    And at the height of last year's primary race, Kerry vowed that "openness" would be the "hallmark" of his administration.

    "As president, openness will be the hallmark of my administration, not some talking point... The highest office in the land requires the highest level of openness for the American people."

    Developing...
     
  2. twhy77

    twhy77 Member

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    I heard a funny joke about Kerry's two wives and their wealth and how he really was going after the wealthy!
     
  3. krosfyah

    krosfyah Member

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    Who cares? Other than being nosey, what does his wife's wealth, which preceeded the marriage, have to do w/ Kerry himself?

    They forced Ferraro's husband to do so and to what end? How did that improve America?

    This is just an empty political tactic to make Kerry look bad. Unfortunately, Americans will probably be dumb enough to fall for it because lazy reporters will keep talking about this meaningless topic.
     
  4. Chump

    Chump Member

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    how do you "hide" something that isn't public info and the public has no compelling case to force her?

    looks like the repukes are beating the bushes again


    don't respond to things like this that Americans are worried about


    [​IMG]

    but lets try to create suspicion and doubt over a candidate's wife's private records, Kerry filed seperatly and has made his returns public


    SCARE TATICS
     
  5. B-Bob

    B-Bob "94-year-old self-described dreamer"
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    Link please, or are you hiding it?

    Speaking of hiding and secrecy, we're still waiting for the demanded revelation of Cheney's energy policy meetings and countless other documents from the most secretive administration in American history. But we can go back to the tax returns of a candidate's wife if you think that's more imporant.
    Well, I better get back to the set. Toodle-oo!

    Sincerely,
    Jill Hennessey
    [​IMG]
    star of "Crossing Jordan," MAXIM, and T_J's inner psyche
     
  6. RocketMan Tex

    RocketMan Tex Member

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    More campaign year drivel from the King of Conservo-shill.

    Drudge Report. A fine purveyor of truth. Mmmm-hmmmm.

    Next.
     
  7. bnb

    bnb Member

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    If that quote is accurate, and if the practice has been to release this information in the past (by both the pres and his spouse) i think he's being hypocritical by not doing so here.

    I don't make such a big distincton between his and his wife's finances, especially if she (or 'family assets') is helping finance his campaign. The fairness of taxes has been a significant platform of his campaign. It would be interesting to see if his family 'walks the talk.'

    Sure it's primarily a voyeuristic thrill...but that's one of the pitfalls of public life.

    Not the biggest issue of the campaign...by far. But fair criticism.
     
  8. FranchiseBlade

    Supporting Member

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    Hypocrisy? What is is Ms. Kerry's stance on public tax records? Who has she criticized in the past for not making their tax statements public? I haven't seen any statements on taxes from her that would make anything she did one way or the other hypocritical.
     
  9. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    We hear all this talk about liberals wanting, no *demanding*, to see memos, tax returns, private information of all sorts! Executive priviledge means nothing! Share it all! Yet when it is time to see John Forbes Kerry's wife's returns, ooooohhh noooooo! We can't show that! Surely not! Clearly Forbes Kerry is attempting to conceal something. He is hiding a secret from us. All these accusations of a secret, arrogant government from Forbes Kerry are now flying in his face! He is knee deep in hypocrisy and he knows it.

    As an interesting side note, Forbes Kerry sure hasn't done much to generate wealth himself. Capatalism places a very low value on his efforts to date. Fortunately, he married rich!

    LEECH
     
  10. pgabriel

    pgabriel Educated Negro

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    bnb,

    You make a very valid point but in the end she isn't the candidate and its her separate return.
     
  11. moestavern19

    moestavern19 Member

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    "I was wondering why they call George W Bush 43... now I understand... it's his approval rating" - John Forbes Kerry.



    LMFAO
    LMFAO
    LMFAO
    LMFAO
    LMFAO


    I'm sorry but I haven't been able to compose myself since I saw him say that :D :D :D

    That is unintentionally the Funniest thing I have ever heard.

    Is KingCheetah writing comedy bits for JFK now?
     
  12. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Her wealth is *central*, CENTRAL, to the Forbes Kerry campaign. She is his benefactor.
     
  13. pgabriel

    pgabriel Educated Negro

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    I understand that, but the argument isn't about campaign financing, its about whether a candidate pays his or her fair share of taxes. So yes he lives off of his wife's wealth, but its still her wealth.
     
  14. ima_drummer2k

    ima_drummer2k Member

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    Sen. John Kerry keeps talking about U.S. corporations leaving this country and setting up shop in foreign countries, taking thousands of jobs with them. He is right, because that has happened. However, he is trying to blame it on George W. Bush.

    As far as I know, Bush has not moved one factory out of this country because he is not the owner of a single factory.

    That cannot be said about Kerry and his wife, Teresa Heinz-Kerry. According to the Wall Street Journal, the Kerrys own 32 factories in Europe and 18 in Asia and the Pacific. In addition, their company, the Heinz Company, leases four factories in Europe and four in Asia. Also, they own 27 factories in North America, some of which are in Mexico and the Caribbean.

    I wonder how many hundreds of American workers lost their jobs when these plants relocated in foreign countries. I also wonder if the workers in Mexico and Asia are paid the same wages and benefits as workers in the United States. Of course they're not. However, Kerry demands that other companies that relocate should pay the same benefits they did in the U.S. Why does he not demand this of the Heinz Company, since he is married to the owner?

    If Kerry is elected, will he and his wife close all those foreign factories and bring all those jobs back to America? Of course they won't. They're making millions off that cheap labor.
     
  15. bnb

    bnb Member

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    Not her. Him.

    My opinion on this really hinges on what was public practice in the past. And I don't know the answer to that. (And i suspect that it wouldn't have had any influence on a Drudgefest feeding).

    Did Mrs Bush, Clinton, Gore, Regan, Carter etc all release their records? Of particular relevance would be Clinton, who, if my presumptions are correct, was really the most independently financially successful of the bunch -- the one who would justifiably share a reluctance to make personal financial info public.

    I do judge people by the company they keep -- and Mrs. K is about as close to Kerry as you can be.

    He's plays up the little guy against the big corporate interests. Yet he benefits personally from those interests. Nothing wrong with that. But he should expect greater scrutiny. And that scrutiny should extend to his immediate family.

    Again -- not as big a deal as the shrills would like it to be. But disappointing nonetheless.
     
  16. DaDakota

    DaDakota Balance wins
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    Wow !!

    DD
     
  17. Chump

    Chump Member

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    more Right-wing lies

    http://www.snopes.com/politics/kerry/heinz.asp

    lthough Senator Kerry has been critical of the Bush administration for rewarding "Benedict Arnold CEOs" who move "profits and jobs overseas," the above-quoted attempt to link Kerry (through his wife) with the very outsourcing he decries is flawed in two major ways. First off, Teresa Heinz Kerry does not "own the Heinz Corporation" — she has no involvement whatsoever with the management or operations of the H.J. Heinz Company, nor does she own anything close to a controlling interest of the company's stock. According to Heinz itself, the Heinz family trust which Mrs. Kerry inherited sold most of its shares of Heinz stock back in 1995 and currently holds less than a 4% interest in the company:

    Neither Mrs. Heinz Kerry nor Senator Kerry nor any of the Heinz trusts or endowments — either individually or collectively — holds a significant percentage of shares of the H.J. Heinz Company. In 1995 the Heinz Endowments and family trusts sold a large percentage of Heinz shares in a secondary share offering to diversify their holdings. As a result, their current holdings are under 4 percent.

    There is no connection between any philanthropic programs of the H.J. Heinz Company and its Foundation and the Heinz family interests (including the Howard Heinz Endowment, the Vira Heinz Endowment, and the Heinz Family Philanthropies).

    (A 4% stake in a company as large as Heinz still represents a considerable amount of money, but it isn't nearly large enough a share to give the holder any significant control or influence over the company's business decisions.)

    Moreover, the Heinz Company's operations are not an example of the type of outsourcing that is currently a hot political issue (i.e., sending out work to offshore companies to provide services which a company might otherwise have employed its own staff to perform). Heinz is a U.S.-based global business which sells its products in dozens of other countries, and like other food companies it has to localize some of its production at factories located in its foreign market areas. (It makes little sense from either an economic or a freshness standpoint to be shipping fruits and vegetables and/or finished food products halfway around the world rather than producing them locally.) One wouldn't expect, for example, every can and bottle of Coca-Cola sold anywhere in the world — whether it be Australia, China, or Portugal — to be produced by U.S. bottlers.)

    As the H.J. Heinz Company notes, well over half its sales come from foreign markets, and it therefore operates overseas facilities to serve those markets:

    Currently, 60% of the sales of the H.J. Heinz Company are outside the United States and to accommodate those customers by providing facilities closer to those markets, the company maintains a number of overseas facilities that provide products for consumers in those markets. This allows Heinz to pack the freshest ingredients, tailor its recipes to local tastes and deliver the finished products in a timely and efficient manner. In the United States, Heinz makes its flagship ketchup in factories in Fremont, Ohio; Muscatine, Iowa; and Stockton, California.
     
  18. Rocketman95

    Rocketman95 Hangout Boy

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    Shh, Chump. This is the D&D, facts aren't welcome here...
     
  19. mc mark

    mc mark Member

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    Not that it matters and I'm tring to be a good boy today, but!

    [edit]

    Chump said much better than I did
     
  20. pgabriel

    pgabriel Educated Negro

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    Thank's Chump, that info looked a little conspicuous.
     

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