Bush Wants To Bankrupt America: There is Method To His...
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Bush Wants To Bankrupt America: There is Method To His...
Jim O'Bryan
Lakewood Resident
"The very act of observing disturbs the system."
Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it."
His Holiness The Dalai Lama
Lakewood Resident
"The very act of observing disturbs the system."
Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it."
His Holiness The Dalai Lama
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- Jim O'Bryan
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Other grantees during
their tenure included former
PLO spokesman Rashid
Khalidi and the Obamas'
church, Trinity United.
So here is my question as I wade through the half-truths and "possibly"s.
Why do I give you or the above comment any credibity when you are willing to turn your back so quickly on the connection VERY REAL between the binLadins and the Bushs?
When you laugh off Haliburton, as a simple coincidence, after all it is a blind trust how could Cheney possible know he has 300,000 shares in his option.
This is the problem Stephen.
What is good for the goose is always good for the gander, unless the butcher is blind.
.
their tenure included former
PLO spokesman Rashid
Khalidi and the Obamas'
church, Trinity United.
So here is my question as I wade through the half-truths and "possibly"s.
Why do I give you or the above comment any credibity when you are willing to turn your back so quickly on the connection VERY REAL between the binLadins and the Bushs?
When you laugh off Haliburton, as a simple coincidence, after all it is a blind trust how could Cheney possible know he has 300,000 shares in his option.
This is the problem Stephen.
What is good for the goose is always good for the gander, unless the butcher is blind.
.
Jim O'Bryan
Lakewood Resident
"The very act of observing disturbs the system."
Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it."
His Holiness The Dalai Lama
Lakewood Resident
"The very act of observing disturbs the system."
Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it."
His Holiness The Dalai Lama
-
- Posts: 1490
- Joined: Fri May 18, 2007 7:54 am
- Contact:
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- Posts: 3281
- Joined: Fri Jan 26, 2007 9:36 pm
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- Posts: 3281
- Joined: Fri Jan 26, 2007 9:36 pm
When you laugh off Haliburton, as a simple coincidence, after all it is a blind trust how could Cheney possible know he has 300,000 shares in his option.
http://www.factcheck.org/kerry_ad_false ... urton.html
Stock Options
That still would leave the possibility that Cheney could profit from his Halliburton stock options if the company's stock rises in value. However, Cheney and his wife Lynne have assigned any future profits from their stock options in Halliburton and several other companies to charity. And we're not just taking the Cheney's word for this -- we asked for a copy of the legal agreement they signed, which we post here publicly for the first time.
The "Gift Trust Agreement" the Cheney's signed two days before he took office turns over power of attorney to a trust administrator to sell the options at some future time and to give the after-tax profits to three charities. The agreement specifies that 40% will go to the University of Wyoming (Cheney's home state), 40% will go to George Washington University's medical faculty to be used for tax-exempt charitable purposes, and 20% will go to Capital Partners for Education, a charity that provides financial aid for low-income students in Washington, DC to attend private and religious schools.
The agreement states that it is "irrevocable and may not be terminated, waived or amended," so the Cheney's can't take back their options later.
The options owned by the Cheney's have been valued at nearly $8 million, his attorney says. Such valuations are rough estimates only -- the actual value will depend on what happens to stock prices in the future, which of course can't be known beforehand. But it is clear that giving up rights to the future profits constitutes a significant financial sacrifice, and a sizable donation to the chosen charities.
- Jim O'Bryan
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Stephen Eisel wrote:When you laugh off Haliburton, as a simple coincidence, after all it is a blind trust how could Cheney possible know he has 300,000 shares in his option.
http://www.factcheck.org/kerry_ad_false ... urton.htmlStock Options
That still would leave the possibility that Cheney could profit from his Halliburton stock options if the company's stock rises in value. However, Cheney and his wife Lynne have assigned any future profits from their stock options in Halliburton and several other companies to charity. And we're not just taking the Cheney's word for this -- we asked for a copy of the legal agreement they signed, which we post here publicly for the first time.
The "Gift Trust Agreement" the Cheney's signed two days before he took office turns over power of attorney to a trust administrator to sell the options at some future time and to give the after-tax profits to three charities. The agreement specifies that 40% will go to the University of Wyoming (Cheney's home state), 40% will go to George Washington University's medical faculty to be used for tax-exempt charitable purposes, and 20% will go to Capital Partners for Education, a charity that provides financial aid for low-income students in Washington, DC to attend private and religious schools.
The agreement states that it is "irrevocable and may not be terminated, waived or amended," so the Cheney's can't take back their options later.
The options owned by the Cheney's have been valued at nearly $8 million, his attorney says. Such valuations are rough estimates only -- the actual value will depend on what happens to stock prices in the future, which of course can't be known beforehand. But it is clear that giving up rights to the future profits constitutes a significant financial sacrifice, and a sizable donation to the chosen charities.
I believe that would be called a tax-right off.
Come on Stephen you are much sharper than this.
.
Jim O'Bryan
Lakewood Resident
"The very act of observing disturbs the system."
Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it."
His Holiness The Dalai Lama
Lakewood Resident
"The very act of observing disturbs the system."
Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it."
His Holiness The Dalai Lama
-
- Posts: 3281
- Joined: Fri Jan 26, 2007 9:36 pm
come on Jim and quit taking your talking points from the media.... think for yourselfJim O'Bryan wrote:Stephen Eisel wrote:When you laugh off Haliburton, as a simple coincidence, after all it is a blind trust how could Cheney possible know he has 300,000 shares in his option.
http://www.factcheck.org/kerry_ad_false ... urton.htmlStock Options
That still would leave the possibility that Cheney could profit from his Halliburton stock options if the company's stock rises in value. However, Cheney and his wife Lynne have assigned any future profits from their stock options in Halliburton and several other companies to charity. And we're not just taking the Cheney's word for this -- we asked for a copy of the legal agreement they signed, which we post here publicly for the first time.
The "Gift Trust Agreement" the Cheney's signed two days before he took office turns over power of attorney to a trust administrator to sell the options at some future time and to give the after-tax profits to three charities. The agreement specifies that 40% will go to the University of Wyoming (Cheney's home state), 40% will go to George Washington University's medical faculty to be used for tax-exempt charitable purposes, and 20% will go to Capital Partners for Education, a charity that provides financial aid for low-income students in Washington, DC to attend private and religious schools.
The agreement states that it is "irrevocable and may not be terminated, waived or amended," so the Cheney's can't take back their options later.
The options owned by the Cheney's have been valued at nearly $8 million, his attorney says. Such valuations are rough estimates only -- the actual value will depend on what happens to stock prices in the future, which of course can't be known beforehand. But it is clear that giving up rights to the future profits constitutes a significant financial sacrifice, and a sizable donation to the chosen charities.
I believe that would be called a tax-right off.
Come on Stephen you are much sharper than this.
.
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- Posts: 1139
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I do not know... My question would be (if it is a tax write off)... What is the value of the tax write off vs. the value of what he gave up???? Nevermind that he gives millions...Danielle Masters wrote:I was being serious. Do you know Stephen? Does Jim know? Because I don't know and now you guys have gotten me curious.

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I looked at the charities and I think they are wonderful charities. I have heard before that people with millions of dollars give donation to charitable organizations because it can significantly lower their tax burdens which is fine but then it does explain why they are being so "charitable". I am not an expert on our tax codes but I would imagine someone on the deck could do a better job explaining all this.