Michele Bachmann disclosure includes farm receiving government subsidies

Discussion in 'Current Events' started by Think for myself, Aug 16, 2011.

  1. Think for myself

    Think for myself Well-Known Member Past Donor

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    Really Michelle?

    I mean, still taking that farm money? Still taking those government subsidies?

    Michelle Bachmann released her financials, and guess what? She got money from the farm. the government subsidized farm. The farm she claimed she never got a penny from.


    I find this hilarious for several reasons.

    The first is the irony of her screeching about government spending while she gets money form government handouts.

    The second is her claimed religion, her high morals, and her persistent lies in this issue.


    http://articles.latimes.com/2011/aug/15/news/la-pn-bachmann-disclosure-20110815

    Despite repeatedly asserting that she has never received income from a family farm that drew federal subsidies in the past, Rep. Michele Bachmann again listed the farm as a source of income when she filed her 2010 personal financial disclosures late last week.

    Bachmann also reported that the farm had more than doubled in value since 2009.

    The Independence, Wis., farm, Bachmann Farm Family LP, received nearly $260,000 in federal subsidies between 1995 and 2008. At the time, the farm was owned by Bachmann’s father-in-law, Paul Bachmann, who died in May 2009.

    Michele Bachmann, her husband, Marcus, and their children are "limited, minority partners" in the farm, according to Bachmann spokeswoman Alice Stewart.

    Bachmann, a Republican presidential candidate running on a platform of lower taxes and smaller government, has been an outspoken critic of agriculture subsidies.

    "It's not my husband and my farm," Bachmann said in a June interview on "Fox News Sunday," responding to a Los Angeles Times report about the farm subsidies and other government aid that the Bachmann family has received over the years. "And my husband and I have never gotten a penny of money from the farm."

    Bachmann's financial disclosures paint a different picture: Since 2006, she has reported receiving between $37,504 and $120,000 in income from the farm, including between $5,001 and $15,000 that she recently disclosed for the 2010 calendar year.

    "Since the family partnership was established, income to the farm has been used to support Marcus' parents, and also reinvested into the farm to support its operations," Stewart said in an email statement. "A portion of the income received by the partnership included federal farm subsidies while Paul Bachmann managed the affairs of the farm. ... After Paul's passing, the partnership did not apply for or directly receive any federal farm subsidies, and the partnership's income consisted primarily of rent and other receipts. ... All income that was allocated to Michele, Marcus and their children under the partnership agreement was retained by the partnership and thus they did not directly benefit from the farm income or subsidies."

    All members of Congress and candidates for federal office are required to disclose certain details about their financial circumstances by filing a yearly form that lists assets, income and liabilities within a broad range of amounts.

    In 2009, Bachmann listed the farm as an asset worth between $100,001 and $250,000. In her 2010 forms, Bachmann valued the farm between $500,001 and $1 million.
     
  2. RichT2705

    RichT2705 Well-Known Member Past Donor

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    If true, then she looks like a liar, noone needs any more of those in Washington.

    Put a fork in her, if true.
     
  3. Lunchboxxy

    Lunchboxxy Well-Known Member

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    The fact that she won the gop straw poll floors me. Not only is she a proven liar (as the op alone has shown countless times) she repeatedly spouts off the most assanine bat(*)(*)(*)(*) things that put even Sarah Palin to shame.

    This just proves what a dillusional and disorganized (*)(*)(*)(*)show the GOP has become since the tea party comendeered their puppet strings
     
  4. Smartmouthwoman

    Smartmouthwoman Bless your heart Past Donor

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    Old news... Bachmann didn't get one cent she wasn't entitled to.

    Ron Paul draws Social Security & Medicare is his primary health insurance. Shall we stick a fork in him, too?
     
  5. submarinepainter

    submarinepainter Well-Known Member Past Donor

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    I think we need less government and yet I work for the DoD?? If I don't do the job someone else will?!
     
  6. Think for myself

    Think for myself Well-Known Member Past Donor

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    Bwahahahahahaha!

    She claimed she never got any money form that farm. Her financial disclosure says otherwise.

    I don't give a darn about what she is entitled to. She is simply a raging hypocrite.
     
  7. Lunchboxxy

    Lunchboxxy Well-Known Member

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    Did he ever claim he didn't?
     
  8. Think for myself

    Think for myself Well-Known Member Past Donor

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    Bu then again, you are not claiming you don't work for the DoD when you actually do.
     
  9. Think for myself

    Think for myself Well-Known Member Past Donor

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    Of course, one could reasonably reach the conclusion she kept asking for extensions on releasing this info to put it off until after the GOP debate and the Iowa straw poll.

    http://minnesota.publicradio.org/co...olinaut/archive/2011/07/cravaack_and_ba.shtml

    WASHINGTON - Reporters and campaign operatives eager to dig into the finances of Republican presidential candidate and House member Michele Bachmann will have to wait a bit longer. Bachmann's office confirmed that she has received another extension for filing her required financial disclosure forms that were first due to be released June 15.

    Bachmann's paperwork is now due Aug. 12, during the scheduled Congressional summer recess. Income from a stake Bachmann and her husband hold in a family farm in Wisconsin will surely come under scrutiny. The farm receives payments from the federal government even as Bachmann has called for cutting federal spending.

    Freshman Rep. Chip Cravaack also received an additional extension, which puts his expected filing date in mid-August as well, according to chief of staff Michael Tomberlin. Cravaack, who's expected to face a tough challenge next year in his DFL-leaning district, may also see his finances come under scrutiny after announcing last week that his family will be moving to New Hampshire while he continues to represent Minnesota's 8th District.

    On the Senate side, DFL Sen. Al Franken had previously asked for a longer extension and his paperwork is due by Aug. 15, said spokesman Ed Shelleby.


    "Sneaky little hobbitses. Wicked, tricksy, false!"
     
  10. Bluesguy

    Bluesguy Well-Known Member Donor

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    And Obama is taking all his deductions and credits and paying as little tax as possible while claiming the rich aren't paying their fairshare.
     
  11. Think for myself

    Think for myself Well-Known Member Past Donor

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    Hmmm. Not sure what that has to do with Bachmann, but I am pretty sure the president has never claimed otherwise.
     
  12. Bluesguy

    Bluesguy Well-Known Member Donor

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    It has to do with the hypocrisy you are trying to claim. And yes the President has claimed those like he who are rich are not paying their fairshare. He is perfectly capable of paying whatever he believes is his fairshare by sending extra.

    Has he?

    As far as Bachmanm do you have clear evidence she actually recieved any money from the farm her in-laws own over which she has no control or was the money reinvested back into the farm?
     
  13. Think for myself

    Think for myself Well-Known Member Past Donor

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    If you say so.

    Yes, it is in the OP.
     
  14. Iron River

    Iron River Well-Known Member

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    Let we weigh the Bachmann thing of getting federal subsidies against the fraudulent person in the WH now.

    That didn't take long. I'll go with the American.
     
  15. Bluesguy

    Bluesguy Well-Known Member Donor

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    Just as you say so I guess.


    Can't bring yourself to say though can you? The money was either use to support the in-laws or reinvested. She never got the money.

    So if why is Obama not paying his fairshare in taxes if he claims the rich are not because the rates are too low, he is free to pay his fairshare by sending in additional money.
     
  16. Think for myself

    Think for myself Well-Known Member Past Donor

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    I am sorry, but what does this have to do with Bachmann's lies about getting money from the family farm?
     
  17. Bluesguy

    Bluesguy Well-Known Member Donor

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    It has to do with the principle you are asserting. Or are you admitting that if she did take the money it would not by hypocritical?

    And you have yet to prove she lied, the OP said her in-laws got the money or it was reinvested in the farm.
     
  18. Think for myself

    Think for myself Well-Known Member Past Donor

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    Um she did take the money. Di dyou not read the OP? Or are you simply claiming it says something it does not?

    Since 2006, she has reported receiving between $37,504 and $120,000 in income from the farm, including between $5,001 and $15,000 that she recently disclosed for the 2010 calendar year.
     
  19. Lunchboxxy

    Lunchboxxy Well-Known Member

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    So the real American is the one who lied about getting subsadiesand then tried to hide it until after the straw poll?
     
  20. Bluesguy

    Bluesguy Well-Known Member Donor

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    No she didn't, didn't you read it?

    While she paid tax on it the money went to her in-laws or was reinvested in the farm. So she is correct, she did not get the money.

    "Since the family partnership was established, income to the farm has been used to support Marcus' parents, and also reinvested into the farm to support its operations," Stewart said in an email statement. "A portion of the income received by the partnership included federal farm subsidies while Paul Bachmann managed the affairs of the farm. ... After Paul's passing, the partnership did not apply for or directly receive any federal farm subsidies, and the partnership's income consisted primarily of rent and other receipts. ... All income that was allocated to Michele, Marcus and their children under the partnership agreement was retained by the partnership and thus they did not directly benefit from the farm income or subsidies."

    You are grasping at straws.

    So now has Obama paid his fairshare of taxes yet?
     
  21. Dasein

    Dasein New Member

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    Oh, so she just embezzled it for her family. Yea that's much better. :bored:
     
  22. Think for myself

    Think for myself Well-Known Member Past Donor

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    Hey, if you want to pretend that the farm subsidy, that went to the farm somehow did not count towards the income Bachmann took out if it you go right ahead. It is not truthful, it obviously is not accurate, but if that is what you want to believe you are free to.


    Not a clue how your point ties to Bachmann's untruths here.
     
  23. Bluesguy

    Bluesguy Well-Known Member Donor

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    Where did the article say that?
     
  24. Bluesguy

    Bluesguy Well-Known Member Donor

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    You are the one pretending, the OP is very clear.


    "Since the family partnership was established, income to the farm has been used to support Marcus' parents, and also reinvested into the farm to support its operations," Stewart said in an email statement. "A portion of the income received by the partnership included federal farm subsidies while Paul Bachmann managed the affairs of the farm. ... After Paul's passing, the partnership did not apply for or directly receive any federal farm subsidies, and the partnership's income consisted primarily of rent and other receipts. ... All income that was allocated to Michele, Marcus and their children under the partnership agreement was retained by the partnership and thus they did not directly benefit from the farm income or subsidies."

    She didn't get the money just as she said.


    So has Obama sent in a check to cover his fairshare of taxes yet?
     

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