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News for Bush - He Does Own a Timber Company


londonbear
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Bush got a laugh when he scoffed at Kerry's contention that he had received $84 from "a timber company." Said Bush, "I own a timber company? That's news to me."

 

In fact, according to his 2003 financial disclosure form, Bush does own part interest in "LSTF, LLC", a limited-liability company organized "for the purpose of the production of trees for commercial sales." (See "supporting documents" at right.)

 

So Bush was wrong to suggest that he doesn't have ownership of a timber company. And Kerry was correct in saying that Bush's definition of "small business" is so broad that Bush himself would have qualified as a "small business" in 2001 by virtue of the $84 in business income.

 

Kerry got his information from an article we posted Sept. 23 stating that Bush on his 2001 federal income-tax returns "reported $84 of business income from his part ownership of a timber-growing enterprise." We should clarify: the $84 in Schedule C income was from Bush's Lone Star Trust, which is actually described on the 2001 income-tax returns as an "oil and gas production" business. The Lone Star Trust now owns 50% of the tree-growing company, but didn't get into that business until two years after the $84 in question. So we should have described the $84 as coming from an "oil and gas" business in 2001, and will amend that in our earlier article.

 

http://www.factcheck.org/article.aspx@docID=275.html

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And speaking of timber, this is the President responsible for the Orwellian-named "Healthy Forests" act, about which he crowed in last night's debate while calling himself a "good steward of the land." Uh, huh! This is the initiative that opens the National Forests to major logging by the lumber industry. Bush is so worried about the trees that he believes they're safer in sawmills and lumber yards rather than out there in those dangerous, unhealthy forests!!!

 

Could the powers-that-be post an emoticon option here that shows barfing?

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>And speaking of timber, this is the President responsible for

>the Orwellian-named "Healthy Forests" act, about which he

>crowed in last night's debate while calling himself a "good

>steward of the land."

 

I can tell you are liberal because you refer to Eric Blair by his pen name, just like Kerry does. Next you are going to start criticizing Bush's "Healthy Samarra" policy in Iraq. In order to save the city, what is wrong with levelling it?

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>I can tell you are liberal because you refer to Eric Blair by

>his pen name, just like Kerry does. Next you are going to

>start criticizing Bush's "Healthy Samarra" policy in Iraq. In

>order to save the city, what is wrong with levelling it?

 

Guess that would make hime a 'good steward' of the enviroment, AND the Iraqi people...

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