" EDWARDS 28,000 sqft bungalow
Posted on 07/25/2007 8:48:08 AM PDT by DBCJR
Investments in limited partnerships, an offshore hedge fund and subprime-mortgage lenders have made this wealthy presidential candidate even richer.
Former Sen. John Edwards has exploited the middle of his famous three H's -- his $400 haircuts, his hedge-fund consulting and his new 28,000-square-foot home -- to spread his fortune around a maze of trusts and accounts that total something between $29.5 million (his campaign's estimate) and $62 million (the high end of ranges described in his federal disclosure).
Edwards' sprawling, 48-page campaign-finance disclosure for 2006 reveals substantial investments in limited partnerships, subprime-mortgage lenders and an offshore hedge fund. The latter two run contrary to stands he has taken as a candidate.
Man of the people -- and profits Edwards is running as a populist, but profits on his stock investments alone would distance the candidate from the cause.
(Excerpt) Read more at articles.moneycentral.msn.com ...
But he’s for the common man, donchaknow. Hypocrisy rules this scumbag.
On the bright side, he’ll have something to fall back on when he gets his ass handed to him on a silver platter in the primaries.
So John is making money hand over fist on the backs of poor folks with bad credit, say it isn't so, John!
No. He's just giving poor folks a chance to own a home.< /sarc >
Isn't that more like $1,200 haircuts? And according to his hair stylist - $1,600 haircuts?
Does anyone know how much he claimed in charitable giving? TIA
" EDWARDS 28,000 sqft bungalow
Hope he is taking a beating!!!
That would be interesting, wouldn't it? The war on poverty begins at home.
That would be interesting, wouldn't it? The war on poverty begins at home.
My wife noticed that looking over this vast estate there’s not one American flag. Pitiful!
what better description of a bolshevik on the democrap plantation:
the “intelligensia” or apparatchiks shop at the moscow gum store while the po’ folks stand in line.
Good catch! Nor is there any solar panels. But there sure are a lot of trees chopped down.
“substantial investments in... subprime-mortgage lenders
So John is making money hand over fist on the backs of poor folks with bad credit, say it isn’t so, John!”
Yeah, but the folks who live across the highway from his 28,000 square foot mansion (emitting carbon gases more than 45 times the average American’s home)in the “trailer trash” park don’t qualify for the “Subprime American Dream”. There are different levels of “trash”, you know, according to this candidate of the people.
“Does anyone know how much he claimed in charitable giving?
That would be interesting, wouldn’t it? The war on poverty begins at home.”
Don’t know but algore showed only $250 on his tax return the year before he ran. These “candidates for the people” are all heart!
April 25, 2007
Vice President Al Gore came in for withering ridicule in 1998 when his tax return showed he had contributed just $353 to charity. So did then-President Bill Clinton, after a review of old tax returns revealed that he had once claimed a $75 deduction for donating a suit with ripped pants to the Salvation Army, as well as $2 for a pair of used underwear and $9 for six pairs of used socks.
President Bush and Vice President Dick Cheney released their 2006 returns this month. Bush and the first lady reported gifts to charities and non-profits totaling $78,100 on income of $765,801. Cheney and his wife had income of $1.6 million and gave $104,425 to charity.
******
Edwards, wife made $39 million in past decade
`Ex-lawyer` had dozens of `multimillion-dollar` verdicts, settlements
Friday, September 3, 2004
In their 1997 tax return, the last one to list Edwards’ occupation as attorney rather than U.S. senator, the couple reported an adjusted gross income of $11.4 million.
The jump in income for 1997 reflected his share of a $25 million jury award he won in the case of Valerie Lakey, the largest `personal-injury` award in North Carolina history, plus another $6 million in settlements. Part of `6-year`-old Lakey’s intestines had been sucked out by a faulty pool drain.
Edwards reported more than 40 `multimillion-dollar` verdicts and settlements in the 1990s.
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