Does Bush own a timber company?

[Pers]

Originally posted by: ReiAyanami
Bush is definitly a small business owner. He turns any large business he inherits into a small one.

factcheck.org:
"President Bush himself would have qualified as a "small business owner" under the Republican definition, based on his 2001 federal income tax returns. He reported $84 of business income from his part ownership of a timber-growing enterprise. However, 99.99% of Bush's total income came from other sources that year. (Bush also qualified as a "small business owner" in 2000 based on $314 of "business income," but not in 2002 and 2003 when he reported his timber income as "royalties" on a different tax schedule.) "

that means if 0.01% of your income is related to a small business, you're automatically a small business owner. Gotta love that Republican Corporate Welfare

WHERE THE HELL HAVE I BEEN???

when did you join the anti-bush camp????


welcome

 

[her209]

Originally posted by: raildogg
Bush won more states by a mile

I wasn't talking states. I was talking people because you were talking people.

 

[conjur]

See Page 8, Item 9:
http://www.opensecrets.org/pfd...003/N00008072_2003.pdf

 

[jackschmittusa]

The feds are currently trying to get the refund back from Enron.

 

[FelixDeCat]

I wish Bush did own a timber company so he could beat down these stupid conspiracy pinheads sitting around in their tighty whities posting on the internet. :thumbsup:

 

[FelixDeCat]

Originally posted by: InfectedMushroom

Originally posted by: raildogg

Originally posted by: her209

Originally posted by: raildogg
the piece of $h!t is a great man. many americans look up to him

Gore got more votes than Bush. Therefore, the correct assertion would be, many MORE Americans look up to Gore than Bush.

Bush won more states by a mile

He is still a worthless piece of sh1t who has done so many fvcked up things since becoming president.
Saying that many ppl look up to him doesn't mean much. There are plenty of dumb ppl. How many smart ppl/academics look up to him?

You sir are an idiot. Please, stfu.

 

[conjur]

Originally posted by: FelixDeKat
I wish Bush did own a timber company so he could beat down these stupid conspiracy pinheads sitting around in their tighty whities posting on the internet. :thumbsup:

Which one of the internets?

And, btw, Bush does own a timber producing company:

See Page 8, Item 9:
http://www.opensecrets.org/pfd...003/N00008072_2003.pdf

 

[ReiAyanami]

Originally posted by: raildogg
Bush won more states by a mile

Especially the State of Denial.


by that logic Alaska is worth roughly 3 times Texas. No wonder Shrub wants to drill for oil there, he's going for the Elitist land vote circa late 1700's.

Alaska, the most valuable state in terms of worthless land mass.

 

[Kerouactivist]

Bush owned.....I laughed when Kerry said that about the timber company.....Tang almost came out my nose......I didn't know what the heck he was talking about but, wow.....Owned

 

[cpumaster]

Originally posted by: CADsortaGUY

abc did. They said he reported it as income one year and then as royalties later. Depends on how you want to spin it I guess.

However abc again had to correct kerry's General Shinseki misinformation. He's only been told that how many times now?

CsG

Sorry, but Kerry didn't say they fired Shinseki, he said they retired him. So he is not wrong on that "technicallity" issue. Of course, we all know why general Shinseki "retired", much like when George Tenet "retired" or Richard Clarke or Paul O'Neil or that head EPA woman, I so forget her name... wait Whittman or smoething?

 

[b0mbrman]

So Bush owns a timber company right now? Or at the time of the debate I guess would be the more important question because maybe he ran home and sold it last night to cover his ass...

 

[her209]

Originally posted by: b0mbrman
So Bush owns a timber company?

Partial ownership.

 

[FelixDeCat]

Originally posted by: b0mbrman
So Bush owns a timber company?

No, dont believe the spinsters. He owns a timber company like the 750 shares I have short of FFIV.

 

[FelixDeCat]

Originally posted by: her209

Originally posted by: b0mbrman
So Bush owns a timber company?

Partial ownership.

I also have ownership in several hundred companies via Vanguard Extended Market Fund.

 

[0roo0roo]

Originally posted by: gtRFan

Originally posted by: Fritzo
No.

Pwned indeed!

oh my f*cking god. he stared us in the eye and lied to the american people today. disgusting. even chuckling about it. apparently he knows he can feed some people sh*t and they will just lap it up. wasn't even embarrassed, just blatantly joked about it, such arrogance.

 

[Moonbeam]

That poor pathetic lying bastard of a President is an absolute disgrace. What kind of idiot is he that he couldn't say, "Want some lumber?"

 

[dahunan]

Originally posted by: FelixDeKat

Originally posted by: her209

Originally posted by: b0mbrman
So Bush owns a timber company?

Partial ownership.

I also have ownership in several hundred companies via Vanguard Extended Market Fund.

He owns 50% of it and there is only one other partner

I do not know much about Tax Laws.. but it is probably setup as some sort of big time tax write-off...

 

[Kerouactivist]

hehe


courtesy of OT

 

[Hayabusa Rider]

Originally posted by: alchemize

Originally posted by: dahunan

Originally posted by: alchemize

Originally posted by: oldman420
Yup any reasonable person has got to see the lies and deception, they don't even bother to try to hide it .
also bush was asked for 3 spacific reasons and failed to answer even one of them. lies again.
the man couldnt think of any imo

He did come up with one at the end. He said he made a few bad appointments. He could've done better on that answer IMHO.

How many true Christians could say they have never made a mistake? NOT ONE!

Did he say he never made a mistake? Cause I'll be referring to the transcript to show you where you are wrong.

IIRC he said something distilled into "I made small mistakes, my big decisions were not mistakes. I made mistakes in appointments".

Now, would you like to have an honest discussion?

I am sure he regrets Powell and others who did not go along with his philosophy. He only got 99 percent of his people to say what he wanted to hear.

 

[Hayabusa Rider]

BTW, Conjur pointed out the real meat here. It's not about Bush owning a few dollars in a corporation, but that he has said in effect that raising his taxes would hurt small businesses (which by his definition he is) and therefore hurts workers. As Factcheck says, this is BS.

 

[sumrtym]

Let's dive into this a bit more.

I'm really curious about this now. On page 14 of the post from Bush's tax return, it says:

******************************
Page 8, Item #9 - LSTF, LLC, a limited liability company organized on 02-10-03 for the purpose of the production of trees for commerical sales. Company is owned equally by The Lone Star Trust (George W. Bush, Grantor) and John Taylor. No commercial sales are anticipated until the year 2007. 100% of Assets consist of:
**************************
According to the Wall Street Journal, and I quote:

******************************
Mr. Bush has most of his assets in a blind trust called the Lone Star Trust. He earned over $395,000 in interest income from his trust in 2003, most of which came from his bond investments. He also has some of his money in certificates of deposit. In a blind trust, a money manager is given complete discretion for investment decisions and the beneficiary isn't informed of the holdings.
******************************

So someone explain this to me. He wouldn't know about the investment as it's a BLIND TRUST, but it's in his income tax return????? I don't get that myself since he's not informed of holdings, right.

However, this also raises another interesting point. It's in his tax return! (independent of if it should be or not)

How the heck do you not know it's in your own income tax return from LAST YEAR! And yes, read the copy of the income tax. It's dated 5/13/2004 and signed by our President! Unless I can't read, that's a I CERTIFY that the statements I have made on this form and all attached schedules are true, complete and correct to the best of my knowledge.

Does it make anyone else nervous that a man can't remember what he signed on his own tax return less than 5 months ago about his OWN MONEY and he's generating official documents and budgets for us as our President??????

:Q

 

[0roo0roo]

Originally posted by: bthorny
hehe


courtesy of OT

lol that was fast

 

[arsbanned]

Originally posted by: FelixDeKat

Originally posted by: b0mbrman
So Bush owns a timber company?

No, dont believe the spinsters. He owns a timber company like the 750 shares I have short of FFIV.

Think again, "spinster":

The Scorer's Table, having taken two hours to let the Blogosphere complete its due diligence (and to permit the scorer to retreat to a corner of the room, don cold compresses, and moan quietly), can now quote the truth from "Factcheck.Org": "President Bush himself would have qualified as a 'small business owner' under the Republican definition, based on his 2001 federal income tax returns. He reported $84 of business income from his part ownership of a timber-growing enterprise." Brooks Jackson's marvelous site noted that the timber interest was listed under "royalties" in his 2002 and 2003 returns, indicating The Texas Thunderbolt still has an interest in said concern.

The point awarded to Mr. Bush in the thirteenth round is hereby withdrawn and awarded to Mr. Kerry, for the latter's enterprising hoisting of his opponent on said opponent's own petard.

Mr. Bush is also penalized three points for a truth foul.
Mr. Bush is further penalized two points for getting snarky while in the act of being factually incorrect.

Story Here

 

[sumrtym]

Originally posted by: arsbanned

Originally posted by: FelixDeKat

Originally posted by: b0mbrman
So Bush owns a timber company?

No, dont believe the spinsters. He owns a timber company like the 750 shares I have short of FFIV.

Think again, "spinster":

The Scorer's Table, having taken two hours to let the Blogosphere complete its due diligence (and to permit the scorer to retreat to a corner of the room, don cold compresses, and moan quietly), can now quote the truth from "Factcheck.Org": "President Bush himself would have qualified as a 'small business owner' under the Republican definition, based on his 2001 federal income tax returns. He reported $84 of business income from his part ownership of a timber-growing enterprise." Brooks Jackson's marvelous site noted that the timber interest was listed under "royalties" in his 2002 and 2003 returns, indicating The Texas Thunderbolt still has an interest in said concern.

The point awarded to Mr. Bush in the thirteenth round is hereby withdrawn and awarded to Mr. Kerry, for the latter's enterprising hoisting of his opponent on said opponent's own petard.

Mr. Bush is also penalized three points for a truth foul.
Mr. Bush is further penalized two points for getting snarky while in the act of being factually incorrect.

Story Here

Again, read my earlier reply 3 posts up for all you need to know.

 

[Fritzo]

Originally posted by: gtRFan

Originally posted by: Fritzo

Originally posted by: gtRFan

Originally posted by: bsobel

Originally posted by: ErmanC
WOW... He just got served. OWN'T

I guess I'll be the contrarian then. I don't think $87 makes one a timber tycoon. Based on that logic and my royalties from mutual funds, I could probably be accused of owning a tabaco company, a software company, etc...

No... but he CLAIMED it, and took the tax cut.

I got a $127 check from Microsoft for some minor contract work our company did for them. Looks like I own Microsoft!! WOOHOO!!!!!

So did you claim any other "deductibles" that were the "expenses" for your "ownership" of Microsoft? I'm sure you took advantage of that loophole like most other millionairs did. for you. But yeah, getting paid by doing work is far from having partnership for $84. Nice try.

Well, we're partnered with Microsoft, and I deducted some books I needed for the project from my taxes---I'm going to call up Bill and see if he wants to put a meeting together about speeding up the next version of Windows.