Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Does Teresa Heinz Trust John Kerry? If not, why should we?
Slate ^ | Dec. 2, 2003 | Timothy Noah

Posted on 01/25/2004 2:26:29 PM PST by Hon

If Teresa Heinz won't trust presidential candidate John Kerry with her money, why should American voters trust Kerry with their country?

Teresa Heinz and Sen. John Kerry, D-Mass., were married in 1995. Kerry's assets at the time were a few million dollars. (Click here for Kerry's Senate financial disclosure form for 1995.) Heinz's assets at the time were reportedly around half a billion dollars, which she'd inherited from her late husband, Sen. John Heinz, R-Pa., heir to the ketchup fortune. Unlike many other married couples, Heinz and Kerry kept their premarital assets separate. Much of Teresa Heinz's inheritance was no doubt tied up in trusts, but a substantial sum must have been unencumbered, because she had Sen. Kerry sign a prenuptial agreement...

By all accounts, Teresa Heinz had no interest in becoming first lady during her 25-year marriage to John Heinz (who died in a 1991 plane crash). "Over my dead body," she told John. Apparently she spent the first seven years of her marriage to John Kerry telling him the same thing...

Heinz Kerry told Benjamin Weiser and Todd S. Purdum of the New York Times that she'd consider making independent expenditures on his behalf if she felt his opponents were attacking him unfairly. "I think that is a First Amendment right in America for me," she told them. "I have that right. But that's a serious thing to do. It has to be really legitimate."

An independent expenditure campaign, though, would almost certainly violate federal campaign law. "Under the Federal Election Commission's rules, you cannot have access to the candidate's strategies and plans," Trevor Potter, former chairman of the Federal Election Commission and chairman of the nonprofit Campaign Legal Center...

The only way Heinz Kerry could now give substantial money to Kerry's campaign would be to tear up her prenup and kill herself.

This leads us to the inevitable question of whether these circumstances could have been foreseen by Teresa Heinz Kerry—if not when she married John Kerry, then anytime prior to his entry into the 2004 presidential race. Back then, she could have transferred assets for him to tap in his campaign. At the very least, she could have established a pattern of making substantial monetary "gifts of a personal nature" so that she could legally continue this practice after he became a candidate. But she didn't. Even the prenup seems less than entirely necessary when you consider Heinz Kerry's age—she's 65—and the near-certainty that her children's future prosperity is well protected by trust funds set up long before John Heinz's death...

Heinz Kerry must have had some inkling that the day might come when her second husband would need her money. And knowing that, she didn't make it available. That doesn't make her a bad wife. But it does raise a disconcerting question for voters. If Teresa Heinz Kerry won't give John Kerry the keys to the car, why should we?

(Excerpt) Read more at slate.msn.com ...


TOPICS: News/Current Events
KEYWORDS: 2004; ficklemojo; kerry; teresaheinz
Navigation: use the links below to view more comments.
first 1-2021-29 next last
I'm surprised to see that this wasn't posted. I guess Kerry was seen as already dead in the water when it was published.
1 posted on 01/25/2004 2:26:29 PM PST by Hon
[ Post Reply | Private Reply | View Replies]

To: Peach
Not on your topic, but thought you might find it interesting.
2 posted on 01/25/2004 2:34:22 PM PST by hoosiermama (prayers for all)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hon
Or, to put it another way, what does the Boston Globe know that we don't...?
3 posted on 01/25/2004 2:35:52 PM PST by mewzilla
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hon
I haven't seen all these democrat candidate spouses but I have seen Kerry's and Dean's wives and must say they would be disasters as first ladies.
4 posted on 01/25/2004 2:38:08 PM PST by plain talk
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hon
The only way Heinz Kerry could now give substantial money to Kerry's campaign would be to tear up her prenup and kill herself.

She's lucky she didn't marry a clinton.

5 posted on 01/25/2004 2:38:24 PM PST by Cicero (Marcus Tullius)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mewzilla
"Or, to put it another way, what does the Boston Globe know that we don't...?"

Interestingly enough, former CNN and Boston Globe reporter, Chris Black, was hired last September to be Teresa's "handler".
6 posted on 01/25/2004 2:41:41 PM PST by Hon
[ Post Reply | Private Reply | To 3 | View Replies]

To: Hon; JohnnyZ; Theodore R.; Nathaniel Fischer; AuH2ORepublican; LdSentinal; Kuksool; Coop; ...
"The only way Heinz Kerry could now give substantial money to Kerry's campaign would be to tear up her prenup and kill herself."

This is wonderful news. JFKerry has no way of blowing his wifes stash of cash on a futile Presidential campaign.

Kerry could be broke by the time the Primaries are over.

Good thinking Teresa!
7 posted on 01/25/2004 3:00:06 PM PST by Pubbie (We would have the WMDs if Powell and Rice hadn't made a 6 month UN detour)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mewzilla
Thanks for the ping. Good point about Theresa not trusting him with her money and why should we. Hah.
8 posted on 01/25/2004 3:01:24 PM PST by Peach (The Clintons have pardoned more terrorists than they ever captured or killed.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Pubbie
"This is wonderful news. JFKerry has no way of blowing his wifes stash of cash on a futile Presidential campaign."

There's always the possibility that he will break the law. If he did we'd probably never hear about it from the media and it would never get investigated, let alone prosecuted.
9 posted on 01/25/2004 3:02:33 PM PST by Hon
[ Post Reply | Private Reply | To 7 | View Replies]

To: plain talk
The Ketchup Heiress and her husband, the Finishing School Debutante remind me of Marie Antoinette and Louis.

She's so condescending it makes me itch. I loved (snort) the sweater tied around her shoulders during her last ~chat.~

How very Muffy of her.
10 posted on 01/25/2004 3:02:44 PM PST by OpusatFR (Hillary's health care means culling the herd to keep down costs.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: OpusatFR
Yeah, but she is NOT reaching or angling.

i think she wants to be left the hell alone, and I have no problem with that!

Tia

11 posted on 01/25/2004 3:08:00 PM PST by tiamat ("Just a Bronze-Age Gal, Trapped in a Techno World!")
[ Post Reply | Private Reply | To 10 | View Replies]

To: Hon
Maybe, but Teresa seems to have gone out of her way to keep him from touching her money.

He can't illegaly put her money in his campaign without her permission - so far she doesn't seem interested.
12 posted on 01/25/2004 3:10:19 PM PST by Pubbie (We would have the WMDs if Powell and Rice hadn't made a 6 month UN detour)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Hon
The only way Heinz Kerry could now give substantial money to Kerry's campaign would be to tear up her prenup and kill herself

She should be thankful she's not married to Bill Clinton.

13 posted on 01/25/2004 3:15:32 PM PST by yankeedame ("Oh, I can take it but I'd much rather dish it out.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: yankeedame; IncPen; Nailbiter
Ditto #13...
14 posted on 01/25/2004 3:38:45 PM PST by BartMan1
[ Post Reply | Private Reply | To 13 | View Replies]

To: Hon
The horse faced lib will get her money yet.
15 posted on 01/25/2004 3:42:28 PM PST by Rome2000 (Ban "Jihad", not smoking)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BartMan1
From this link in the article to a WashPost story

They are in the living room of their Georgetown home, where Heinz has lived ever since her late first husband, John Heinz, came to Washington in 1971 as a Republican congressman from Pennsylvania. In the front entrance, the first things a visitor sees are two framed photos of Teresa Heinz cuddled with tall, smiling men with big heads of brown hair: In one is John Kerry, in the other John Heinz.

and this:

She still calls John Heinz "my husband" and doesn't always correct herself -- "my late husband" -- even when Kerry is around. She still wears the blue sapphire engagement ring that Heinz gave her.

There's something Clintonianly creepy about these two that screams 'marriage of convenience', or more likely, 'arranged marriage'.

16 posted on 01/25/2004 3:59:40 PM PST by IncPen ( What does it avail a man to gain a fortune and lose his soul?)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Hon
Unlike many other married couples, Heinz and Kerry kept their premarital assets separate.

How true is that statement for second marriages, especially when one has very sizable assets that are brought to the marriage? I would expect that the rich partner might want to protect those from exploitation for whatever reason by his/her new spouse.

Also, isn't it true that Kerry just took a 6 million dollar loan on the mansion? If money paid on the mortgage was mostly hers, but both names were on the mortgage, that would be one way to get some campaign funds from her. However, after that I don't know.

18 posted on 01/25/2004 4:31:36 PM PST by CedarDave (Weasely Clark is neither a Republican nor a Democrat, but an egotistical opportunist.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CedarDave
"I would expect that the rich partner might want to protect those from exploitation for whatever reason by his/her new spouse."

I think that is the point of the article.
19 posted on 01/25/2004 4:39:39 PM PST by Hon
[ Post Reply | Private Reply | To 18 | View Replies]

To: Hon
Methinks Teresa should ask John if he has been doing the horizontal bop with Jane Fonda.

Just a suggestion.

5.56mm

20 posted on 01/25/2004 4:42:55 PM PST by M Kehoe
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-29 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson