Posted on 06/14/2006 7:07:54 PM PDT by NormsRevenge
Summaries of the 2005 financial disclosure statements for selected members of Congress from California:
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Sen. Dianne Feinstein, D-Calif.
Earned income: $162,100.
Honoraria, all donated to charity: None.
Major assets: Blind trust, $1 million to $5 million; Bertram Feinstein trust, of which she's the primary beneficiaty, $1 million to $5 million; Marital trusts of which she's the beneficiary, established by her husband, Richard Blum, chairman of a merchant banking firm, no single value given; Interest with her husband in Carlton Hotel Properties, $5 million to $25 million; Deposit account at Bank of America, $50,001-$100,000; Condominium owned with her husband in Hawaii, $1 million to $5 million; Condominium owned with her husband in Tahoe City, $250,000-$500,000.
Major sources of unearned income: Rent from Hawaii condo, $15,001-$50,000; Rent from Carlton Hotel, $15,001-$50,000.
Major liabilities: Mortgage on Hawaii property, $100,001-$250,000; Credit line at First Republic Bank, $1 million to $5 million.
Gifts: Feinstein reported receiving a $900 Jay Strongwater frame from friends Marlene and Fred Malek of Washington, D.C., and a $395 framed photo from friend Howard Margueleas of Incline Village, Nev. Feinstein received permission from the Senate Ethics Committee to accept both gifts; lawmakers must get permission to take gifts worth $50 or more.
Narrative: Feinstein's husband Richard Blum, a merchant banker, has investments worth tens of millions of dollars in stocks, partnership, real estate and other assets; her financial disclosure form was 150 pages, longer by far than most.
Feinstein, a former San Francisco mayor and supervisor, also reported $42,504 in pension payments from the city and county of San Francisco.
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Sen. Barbara Boxer, D-Calif.
Earned income: $162,100
Honoraria, all donated to charity: None.
Major assets: Blind trust with her husband, Stewart, worth $1 million to $5 million; Senate Federal Credit Union, $100,001-$250,000;
Major sources of unearned income: Income from blind trust, $100,001-$1 million.
Major liabilities: None.
Gifts: None.
Narrative: Boxer, a former Marin County supervisor, got $4,125 in pension payments from the Marin County Employees' Retirement Association. She and her husband reporting selling a small Capitol Hill condo they owned for $100,001-$250,000.
Boxer, who published a suspense novel last year called "A Time to Run," reported a $15,938 payment for the book - the second half of her advance. She also reported being reimbursed for travel expenses connected with her nationwide book tour but she wasn't required to report the amounts.
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Rep. Nancy Pelosi, D-San Francisco, House Minority Leader.
Earned income: $180,100.
Honoraria, all donated to charity: None.
Major assets: Vineyard in St. Helena, Calif., $5 million-$25 million; townhouse in Norden, Calif., $1 million-$5 million; option on San Francisco property, $1 million-$5 million.
Major sources of unearned income: Rental income from vineyard, $15,001-$50,000.
Major liabilities: Mortgage on vineyard, $1 million-$5 million; mortgage on Norden house, $500,001-$1 million; mortgage on rental property in Napa owned by husband, $250,001-$500,000.
Gifts: None.
Narrative: Pelosi's assets are owned jointly with her husband, Paul. He is an investor who has a long list of real estate and stock holdings, many in high-tech firms. Rental income he reported for the year included $100,001-$1 million each for three commercial properties in San Francisco.
Pelosi serves as an advisory board member or trustee of six organizations, including the United States Botanical Gardens and the National Student Leadership Foundation.
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Rep. Jerry Lewis, R-Redlands, chairman, House Appropriations Committee.
Earned income: $162,100.
Honoraria, all donated to charity: None.
Major assets: Arrowhead Credit Union in San Bernardino, Calif., $250,001-$500,000; Congressional credit union, $50,001-$100,000; California state legislative retirement account, $100,001-$250,000; Penn Mutual retirement plan, $143,395; Charles Schwab money market IRA, $78,591; Share in Lewis family trust, $15,001-$50,000; Shares in Security Bank of California, $100,001-$250,000.
Major sources of unearned income: Sold property in San Bernardino, Calif., for $32,000.
Major liabilities: None.
Gifts: None.
Narrative: Lewis and his wife, Arlene M. Willis, tried to purchase 2,500 shares of Security Bank of California, which opened in Riverside, Calif., in June 2005. The bank was oversubscribed and could only allow the Lewises to purchase 2,200 shares, at $10 a share, for $22,000. By the end of the year Lewis listed the value of that investment at $100,001-$250,000.
Lewis employs his wife as his chief of staff, an arrangement that's allowed because she was his top aide when he came to Washington in 1979, before they were married. Under House rules, lawmakers cannot hire their spouses to congressional jobs.
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Rep. Duncan Hunter, R-Alpine, chairman, House Armed Services Committee.
Earned income: $162,100.
Honoraria, all donated to charity: None.
Major assets: Cabin in Warren County, Va., $100,001-$250,000; 35 acres in Warren County, Va., $500,001-$1 million; Quarter-acre lot in Bear Lake, Utah, $1,001-$15,000; North Island Federal Credit Union account, $500,001-$1 million; California Bank and Trust account, $100,001-$250,000; Community National Bank account, $50,001-$100,000.
Major sources of unearned income: Credit union account interest, $5,001-$15,000; California Bank and Trust interest, $5,001-$15,000; sale of three houses and lot in Warren County, Va., $100,001-$1 million.
Major liabilities: Car loan and congressional federal credit union, $15,001-$50,000; revolving loan at congressional federal credit union, $10,001-$15,000; Southwest Airlines credit card, $10,001-$15,000; mortgage, $100,001-$250,000.
Gifts: None.
Narrative: Hunter's home east of San Diego burned down in 2003 during Southern California wildfires and he is still rebuilding it. He values the property at $250,001-$500,000 and has a mortgage on it worth $100,001-$250,000.
Hunter's partner in his Blue Ridge Mountains cabin in Virginia is Army undersecretary and former Democratic U.S. Rep. Pete Geren of Texas. Hunter is on the board of the American Conservative Union.
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Rep. Howard P. "Buck" McKeon, R-Santa Clarita, chairman, House Education and Work force Committee.
Earned income: $162,100.
Honoraria, all donated to charity: None.
Major assets: Common stock shares in 29 major firms, including Microsoft, Coca-Cola, General Motors, Rite-Aid and Merck, $1,001-$15,000 each.
Major sources of unearned income: Dividends on share of Microsoft, Coca-Cola, General Motors, Intel, Merck and Pfizer, $1-$200 each.
Major liabilities: Loan from Peter Dorsch, Whittier, Calif., $50,001-$100,000,
Gifts: None.
Narrative: An avid stock trader annually, McKeon bought and sold common shares in 141 transactions in 2005 and the first part of 2006. All the stocks - which also included Urban Outfitters, Tyco, Lucent, Yahoo and Motorola - were valued at up to $15,000.
McKeon reported income from his wife's salary on his political action committee, McKeon for Congress, but did not disclose the amount.
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Rep. George Miller, D-Martinez, ranking Democrat, Education and Workforce Committee.
Earned income: $162,100.
Honoraria, all donated to charity: None
Major assets: Capitol Hill property, $500,001-$1 million; retirement account $15,001-$50,000; savings account, $15,001-$50,000; congressional credit union account, investment fund and stocks, $1,001-$15,000.
Major sources of unearned income: Rent on Capitol Hill home, $15,001-$50,000; small interest on accounts.
Major liabilities: Home equity loan, $15,001-$50,000; mortgage, $100,001-$250,000.
Gifts: None
Narrative: George Miller took seven trips, including a February trip to Willamette University in Portland, Ore., and to the Sierra Club Foundation in Salt Lake City in March. He visited the Teamsters in San Diego in March.
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Rep. Howard Berman, D-North Hollywood, ranking Democrat, House Ethics Committee.
Earned income: $162,100.
Honoraria, all donated to charity: $2,000.
Major assets: Two rental properties; nine mutual funds with a total value between $65,000 and $200,000; shares in more than 30 companies worth between $33,000 and $495,000.
Major sources of unearned income: Berman owns two rental properties - "Providence Farming" and "3627 W. 104th St." - each worth $15,001-$50,000. Rental income from the two properties was between $3,500 and $7,500.
Major liabilities: Berman owed between $10,000 and $15,000 on his Discover card and on a line of credit; he paid off the line of credit last June.
Gifts: None.
Narrative: Berman, the ranking Democrat on the House Ethics Committee, took seven trips worth at least $30,500 for which someone else paid. Three of the trips, including one to Aspen, Colo., were paid for by The Aspen Institute, a Washington-based institute that says its mission is to "foster enlightened leadership."
The Aspen Institute footed the $8,754 bill for an eight-day trip to Istanbul "to attend and participate in conference"; Berman's wife Janis went along. The same group also paid $18,638 for them to take a 10-day trip to Shanghai and Beijing, also for a conference. A group called The Leaders Project, Inc. paid $912 for him to participate in a conference in Jacksonville, Fla., between Feb. 25-27.
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Rep. Henry Waxman, D-Los Angeles, ranking Democrat, House Government Reform Committee.
Earned income: $162,100.
Honoraria, all donated to charity: $12,000.
Major assets: Vanguard 500 Index Fund, $100,001-$250,000; Vanguard Mid Cap Index, $50,001-$100,000, Vanguard Extended Markets, $50,001-$100,000; Vanguard REIT Index Fund (IRA), $50,001-$100,000.
Major sources of unearned income: Vanguard IRA, $2,501-$5,000; Vanguard Emerging Markets, $1,001-$2,500; dividends, interest and capital gains from 25 other funds, each $201-$1,000.
Major liabilities: None.
Gifts: None.
Narrative: Waxman was an active market trader, purchasing shares in seven different funds, three in the $15,001-$50,000 range. He sold a Vallejo, Calif., Unified School District Municipal Bond, $15,001-$50,000. He took trips to Mexico, Fort Lauderdale, Birmingham, Ala., and Tel Aviv sponsored by the Aspen Institute, the Generic Pharmaceutical Association, the Faith and Politics Institute and the American Israel Education Foundation.
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Rep. John Doolittle, R-Rocklin
Earned income: $162,100.
Honoraria, all donated to charity: None.
Major assets: California Legislative Retirement System, $50,001-$100,000; Time Warner stock, $15,001-$50,000; Stock in companies including Pepsi, Microsoft, Nordstrom and Krispy Kreme, $13,013-$195,000.
Major sources of unearned income: $8-$1,600 in dividends from stock holdings.
Major liabilities: Visa credit account at First USA Bank, $10,001-$15,000.
Gifts: None.
Narrative: Doolittle, a member of the Republican House leadership and close ally to former Majority Leader and ex-House member Tom DeLay, has come under scrutiny for ties to lobbyist Jack Abramoff and for some unconventional financing arrangements.
He employs his wife, Julie's, fundraising firm, Sierra Dominion Financial Services, Inc., but pays her on commission rather than with a flat fee, as is common industry practice. The disclosure forms don't require the amount of a spouse's salary to be disclosed so it's not clear how much Julie Doolittle earned in 2005.
Abramoff has been among Julie Doolittle's clients, Doolittle's aides have said. So has the Korea-United States Exchange Council, a group that a former DeLay aide helped set up. The council was registered as a foreign agent and flew a number of House members and aides to South Korea despite rules prohibiting lawmakers from accepting foreign agent-funded travel.
The group took Doolittle to Seoul in February 2005. Like other lawmakers Doolittle was unaware of its foreign agent status, aides have said. On the same trip Doolittle traveled to Kuala Lumpur with another group tied to DeLay, the United States Malaysia Exchange Association.
Separate congressional travel forms show the South Korea leg of the trip cost $7,030 for Doolittle and $6,970 for his daughter, who traveled with him. The Malaysia leg cost $8,501 for Doolittle and $6,900 for his daughter.
Doolittle also traveled in 2005 to Israel with the American Israel Education Foundation, to Baltimore with the Heritage Foundation, to Los Angeles with the Heritage Foundation and Pepperdine University and to St. Michaels, Md., with the Congressional Institute.
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Rep. Bob Filner, D-San Diego, acting ranking Democrat, House Committee on Veterans Affairs.
Earned income: $162,100.
Honoraria, all donated to charity: None.
Major assets: American National Insurance tax-sheltered annuity, $100,001-$500,000; GE Life Commonwealth annuity, $100,001-$500,000; other stock, bond and money market funds, $199,020-$713,000.
Major sources of unearned income: Dividends, interest and capital gains on investments, $11,118-$29,200.
Major liabilities: None.
Gifts: None.
Narrative: Filner, a former history professor at San Diego State University and member of San Diego's school board and city council, got a $12,193 pension from the Public Employees Retirement System. He made 10 sales of stock and fund holdings last year, realizing $15,000 or less each on transactions involving Novell Inc., Chase Manhattan, Abbott Labs and other companies. He realized $100,001-$250,000 each from two annuity fund sales.
Filner traveled to Los Angeles from Washington in July with the National Education Association, his one privately sponsored trip for the year.
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Rep. Bill Thomas, R-Bakersfield, chairman, House Ways and Means Committee.
Earned income: $162,100.
Honoraria, all donated to charity: $1,500.
Major assets: None.
Major sources of unearned income: None.
Major liabilities: None.
Gifts: None.
Narrative: Thomas announced his retirement from Congress this year after 14 terms in the House and an entire career in the public sector. He also has worked as a professor at a community college and as a California state assemblyman, and is one of the few lawmakers who has no reportable assets apart from his income - a fact he takes pride in.
He took two trips last year that were paid for by outside groups. In June he traveled to Beaver Creek, Colo., for the American Enterprise Institute and the Vail Valley Foundation. The Bohemian Club took him to Monte Rio, Calif., in July.
Thomas is on the board of the American Council of Young Political Leaders.
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Rep. Richard Pombo, R-Tracy, chairman, House Resources Committee.
Earned income: $162,100.
Honoraria, all donated to charity: None.
Major assets: Pombo Ranch Estates, $250,001-$500,000; R. Pombo Ranch II partnership, $50,001-$100,000.
Major sources of unearned income: Ranch partnerships, $2,502-$5,200.
Major liabilities: Congressional federal credit union revolving charge, $15,001-$50,000; mortgage at Bank of Stockton, $50,001-$100,000.
Gifts: None.
Narrative: Pombo, a fourth-generation cattle rancher from Tracy in California's Central Valley, is still active in dairy, farming, trucking and beef cattle operations. He's a partner in two ranching businesses, R. Pombo Ranch II and Pombo Ranch Estates, and lists no other assets or income sources. He listed no trips for 2005. His wife, Annette, received an unspecified salary for working on his congressional campaign.
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Rep. Juanita Millender-McDonald, D-Carson, ranking Democrat, House Administration Committee.
Earned income: $162,100.
Honoraria, all donated to charity: $300, for an April 24, 2005, speech to the Mount Hebron Baptist Church.
Major assets: Rental properties in Gardena, Calif., and Compton, Calif., residential properties in Washington and Long Beach, Calif., $500,001-$1 million each; Los Angeles property, $250,001-$500,000; California credit union savings account, Holden Group Deferred account, unimproved parcel of land near Lancaster, Calif. $100,001-$250,000 each.
Major sources of unearned income: Rent on Gardena and Compton properties, $15,001-$50,000 each; capital gains earnings on Gene Jacquot racing stable, $5,001-$15,000.
Major liabilities: Mortgage on Washington residential property, $250,001-$500,000; mortgage on separate Washington property, $100,001-$250,000.
Gifts: None.
Millender-McDonald did not report any expenses-paid travel in 2005. In 2004, she accepted a trip to Tunica, Miss., to attend a Congressional Black Caucus Political, Educational and Leadership conference.
Millender-McDonald also reported income from her spouse's retirement funds and roofing consulting work, but did not disclose the amount.
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Rep. Jane Harman, D-Venice, ranking Democrat, the House Intelligence Committee.
Earned income: $162,100.
Honoraria, all donated to charity: None.
Major assets: The Lakes Descendants Trust, $1 million-$5 million. Jane Harman 25-year Grantor Trust, at least $18 million.
Major sources of unearned income: Lakes Descendants Trust, $50,000 to $100,000; Jane Harman 25-year Grantor Trust, at least $1.7 million.
Major liabilities: None.
Gifts: None.
Narrative: Harman, an attorney, and her husband Sidney, the founder of the high end stereo equipment company Harman International Industries, are worth well over $100 million - and perhaps much more. The bulk of Harman's massive portfolio is in a number of diversified trusts, some of which are held by her husband. Those trusts have holdings ranging from Ryan's Family Steakhouse to Sprint Nextel Corp.
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Rep. David Dreier, R-San Dimas, chairman, House Rules Committee.
Earned income: $162,100.
Honoraria, all donated to charity: $1,500 from Diageo North America; $800 for an appearance on HBO's "Real Time with Bill Maher"
Major assets: Time Warner, Mosaic, Evergreen Income Advantage, Salomon Brother Emerging Markets Fund, American Funds, $1,001-$15,000 each; Hewlett-Packard, Pfizer, Anheuser Busch, Clorox, Colgate Palmolive, General Electric, LM Ericsson Telefon, Merck, Microsoft, Transocean, Blackrock Enhanced Dividend Achievers Trust, Eaton Vance, Nicholas Applegate, Seligman Communications, Bakersfield CTFS, Franklin Templeton, John Hancock, Verizon, Motorola, Vallecitos Water and Novella, $15,001-$50,000 each; IBM, Surewest Communications, Eaton Vance, American Funds, $50,001-$100,000 each; Gaylord Entertainment, $250,001-$500,000; Viacom, OK Publishing, $500,001-$1 million each; a Kansas City, Mo., apartment building, $5-25 million.
Major sources of unearned income: Dividends and sales of stocks, most less than $1,000; rent from apartment building, $100,001-$1 million.
Major liabilities: None.
Gifts: None.
Narrative: Dreier accepted a trip from the Agricultural Business Council of Kansas City to Kansas City, Mo., in September. He is an officer or member boards linked to The Dreier Family Foundation, Claremont McKenna College, Los Angeles Mission, Center for Strategic and International Relations, Council on Foreign Relations and the H. Edward Dreier Jr. Trust.
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Rep. Tom Lantos, D-San Mateo, senior Democrat, House International Relations Committee.
Earned income: $162,100.
Honoraria, all donated to charity: None.
Major assets: Boeing Co. stock, $1 million-$5 million; General Electric Co. stock, $100,001-$250,000; Xerox Corp. stock, $100,001-$250,000; AMR Corp. stock, $100,001-$250,000.
Major sources of unearned income: Capital gains on sale of Apple Computer Inc. stock, $50,001-$100,000; California Teachers Association pension, $15,046; State of California Public Systems pension, $14,150.
Major liabilities: None, but Lantos listed mortgages held by his wife, Annette, on property in Denver, $100,001-$250,000; and in Lowell, Mass., $50,001-$100,000.
Gifts: None.
Narrative: Lantos reported five sponsor-paid trips, to Ann Arbor, Mich., by the William Davidson Institute-University of Michigan; to Croatia, Serbia-Montenegro and Hungary, by the American Jewish Congress; to New York, by the American Jewish Congress; to Las Vegas, by Computer Generated Solutions; and to Manchester, N.H., by the New Hampshire Supreme Court-King Lecture Fund. Lantos reported that seven days of the two-week trip to Europe was not at AJC expense.
I noticed their very geneous charitable donations (NOT!). At least none were noted by their reporting forms.
Lantos survived a Nazi concentration camp as a teenager.
When I see his assets, I think--what a great country.
And what a merciful God.
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