Huckabee discloses finances
As a presidential candidate, Mike Huckabee has to make a personal financial disclosure with the Federal Election Commission. He looks prosperous by Arkansas standards, though don't forget he has a note of more than $300,000 on his new home in North Little Rock. (The report lists no major liabilities for Huckabee, but mortgages are excluded from this category.)
His report shows this disclosure for 2006 and 2007 through his May 13 filing (in all, at least $350,000 in income during the period):
Honoraria: $138,500 for 15 speeches -- to Jerry Falwell's Liberty University ($500) and to his Thomas Road Baptist Church ($2,500); Cooper Institute ($2,500) Prestonwood Baptist Church ($1,500), pastored by Southern Baptist Convention president Jack Graham; the Ankeny (Iowa) Free Church ($1,500); Novo Nordisk ($17,500 TWICE), Grantmakers in Health ($4,000), Urban League of Cities and Towns ($10,000); California Association of Health Plans ($17,000); Washington Policy Center ($10,000); Public Health Institute ($13,000); Castle Partners ($15,000); Institute for Health Productivity ($13,000); Washington University ($13,000)
Other income: $74,146 pay as governor last year; $14,101 from a state pension; $40,000 from 12 Stops Inc., the company he set up to market his book (and see later note, to serve as a conduit for his speaking fees); $161,889 in book sales and royalties; $40,000 for consulting work for the National Association of Music Manufacturers. (Remember his program to put more musical instruments in the hands of young people? A good idea, we always thought, and we weren't even thinking of the obvious business benefits.)
The report notes his wife Janet receives a salary from the American Red Cross, but does not list an amount.
Assets: He and his wife reported bank accounts, stock, a retirement account and similar assets worth between roughly $400,000 and $1 million. Biggest holdings: Procter and Gamble stock and a Southern Baptist Convention annuity, each worth $100,000 to $250,000. His assets produced between roughly $10,000 and $27,0000 in income during the time period. He also reported $9,657 income from his minority ownership percentage in Troufion Radio Network, a seller of syndicated programming set up years ago by ad man Gary Heathcott.
Other stuff: Remember that Hope for America PAC fund-raiser in December? His PAC bought $7,770 worth of books from himself for the event. He also reports selling $4,070 worth at the Crystal Cathedral in California. Only $700 worth at Coral Ridge Presbyterian Church.
This, by the way, is a great deal more disclosure than what Arkansas law requires. It is also no less than Arkansas should require of public officials.
UPDATE: Somebody asked. About $50,000 in honoraria came for speeches Huckabee made while governor. None is disclosed specifically on his final statement of financial interest, filed at the end of January. But he did report income of more than $12,500 from 12 Stops, the corporate entity through which that money was laundered. As a matter of policy, Arkansas taxpayers ought to know what groups are paying their politicians to make appearances. This is a replay of Huckabee's old Action America gimmick, in which he rounded up speaking fees hidden in that shell operation.





Comments
Did you say 12 Step?
ARK. BLOG: Should be 12 Stops. Sorry.
Posted by: Theodosius
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May 16, 2007 02:50 PM
Pretty good for a fellow who stands behind a pulpit and urges others to emulate a fellow who possessed no material goods, who preached "sell what thou has and give to the poor," and to not seek the pleasures of this world but to lay up treasures in heaven.
No wonder Marx had a field day exposing hypocrisy of Christian leaders and their messages to the masses.
Posted by: Cato
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May 16, 2007 03:24 PM
I'd say that the National Association of Music Manufacturers got their money's worth on that $40,000 in "consulting" fee when Huckabee delivered $100,000 in taxpayer dollars to Play It Again Arkansas on his way out the door.
Posted by: Cassandra
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May 16, 2007 04:08 PM
If you think the Disaster Monkey is corrupt, they ain't seen nothing yet.
Huck could probably show'em a few tricks. As president he could retire a billionaire. Maybe he just wants a shot at being on presidential big bird, for the rush of it.
_
Posted by: Lwood
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May 16, 2007 04:26 PM
Sorry, Max - tongue in cheek. I thought where Huck and money were concerned maybe 12 *Step* would be more appropriate.
("Hi, my name is Mike Huckabee and I am a smooch-a-holic...")
Posted by: Theodosius
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May 16, 2007 04:55 PM
Governor Huckabee is a fine man. He is a man of great integrity and would make a fine President just as he was as Governor. We should be proud of him. He saved each and every citizen of this state hard earned dollars with his tax cuts. The people who post on this blog who constantly run him down probably didn't send one dollar of those tax cuts back to the State Treasury. Did you?
Posted by: Barrett Jackson
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May 16, 2007 05:06 PM
What are you assests, Brantley??? I mean, let's play completely fair here. You're a public figure and you always appear to be an advocate of transparancy. As a leader of whatever cause you wish to succeed, we the public should know exactly how much you are worth so we can rightfully distribute it to others.
I just find it amusing that you label a whole topic on Huck's assets when he obviously isn't the rainmaker that some believe him to be.
ARK. BLOG: My assets have been disclosed annually for 20 years. You can find them on-line.
Posted by: AJ04
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May 16, 2007 05:27 PM
Communism has continually failed for many years, Cato. Get over it. Move to Cuba you grubworm and see how you like it. Does a capitalistic economy have its flaws? You bet it does. However, a free market economy has been shown time and time again to lead to the best productivity and the greatest quality of life for those in the land in which it thrives. Are there some inequalities of wealth? Yes. Those who stand at the upper end definately have an obligation to others. But the big question is through which channels should this obligation be handled. Obviously (to me) not through the government; such an institution is a massive waste of funding and a huge model of inefficiency. The scholarship that Murphy oil created in El Dorado is a great example as to how the benefits of success should be rechanneled to others; this gift is ingenious in that the rewards are amazing if someone actually get soff their lazy ass and has some initiative. Any gift for which an individual works will go beyond any that encourages getting something for doing absolutely nothing; this is the nature of most irresponsible entitlement programs today. Hail to capitalism.
Posted by: AJ04
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May 16, 2007 05:41 PM
Communism has continually failed for many years, Cato. Get over it. Move to Cuba you grubworm and see how you like it. Does a capitalistic economy have its flaws? You bet it does. However, a free market economy has been shown time and time again to lead to the best productivity and the greatest quality of life for those in the land in which it thrives. Are there some inequalities of wealth? Yes. Those who stand at the upper end definately have an obligation to others. But the big question is through which channels should this obligation be handled. Obviously (to me) not through the government; such an institution is a massive waste of funding and a huge model of inefficiency. The scholarship that Murphy oil created in El Dorado is a great example as to how the benefits of success should be rechanneled to others; this gift is ingenious in that the rewards are amazing if someone actually get off their lazy ass and has some initiative. Any gift for which an individual works will go beyond any that encourages getting something for doing absolutely nothing; this is the nature of most irresponsible entitlement programs today. Hail to capitalism.
Posted by: AJ04
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May 16, 2007 05:42 PM
Well said AJ04....well said.
Posted by: Barrett Jackson
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May 16, 2007 06:24 PM
LOL, AJ04. Take a deep breath and get the grist of the post. Now that you are lucid, deal with the cruxt of the post...can you say "hypocrisy"?
Atta boy.......
Posted by: Cato
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May 16, 2007 06:59 PM
Huckabee would absolutely be the same kind of President as he was governor, but "fine" is not an appropriate word to use to describe him. An accurate description would involve words like greedy, hypocritical, mean-spirited, vindictive and egomaniacal. And while he has more than a passing acquaintance with truthiness, he wouldn't recognize actual truthfulness if it bit him in the ass (he don't know nothin' about releasing Wayne Dumond).
He has probably never in his entire life done the right thing for the right reason; and I can't believe Brantley hasn't learned by now that if the Huckster appears to be doing something altruistic, you better check the finances -- he's making a lot of money somewhere on the deal. So let's say greedy again; in fact, he's so greedy that if Brummett were a real journalist with any balls, he'd be writing a column at this very moment calling the Huckster Lafe Crick.
And please try to drag your right-wing carcasses into the 21st century -- it's so passe to be trying to insult someone by insinuating they are a communist. Didn't you get the memo that the patron saint of the republican party, St. Ronnie, vanquished the communists back in the 1980s (another example of republican truthiness -- ask all those people whose jobs are going to China).
Posted by: Vegan4Hillary
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May 16, 2007 07:10 PM
I'm glad there is a thread that allows the right-wingers a chance to do some posting. Lord knows they can't say a peep about their lord and savior George Impeachable Bush.
Rave on boys, I bet it feels good. We're gonna chew on old Frank White after while and you'll have another chance to jump in here. You all missed the Oxy-Asa thread a few days ago...we could have used ya then.
Huck's having a fine time! He thinks he's Paul McCartney, only he better be real careful, Janet still has 2 legs and bionic knees to boot. He's living like a rock star and compared to the neo-con Republicans in The Club, Huck's not really hurting anyone....so hell....let him play contender with a small C, it's snot my money he's pissing away.
But I am wondering where the reports on his Love Offerings are? I know for a fact that he slips in little Baptist churches all over the state and after his fine words, the plate is passed. Since these little churches aren't used to having a real celebrity, those folks dig deep and pile those offering plates full.
Do he report that money? What's the IRS rules on Love Offerings? Is that another one of those God-tax-free deals? And here we are worrying that Mexicans ain't paying taxes when there are churches on every corner in the state enjoying paying nuttin into the state coffers.
I might point out, though lowly paid, them Mexicans are doing a days worth for their pay.....tain't fittin, tain't fittin!
I can't find it now, but what's fun is to see where Huck INC., spends their money. Lots of private jet rentals, limos, lots of meals, and big money to consultants, who apparently consult Huck on how to suck up dumb folks money and run some kind of phony campaign forever and ever.
I guess that's money well spent if it pays for his new lifestyle and bails the kids out of jail now and then.
Run Huck Run, I say! But do tell us which line the Love Offerings are reported on.....Baptist folks probably want to see.
Posted by: Deathbyinches
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May 16, 2007 09:56 PM
Proctor and Gamble stock? Proctor and Gamble???
Huck, where is your head? Don't you know they known to have truck wid de ole debbil hisself? Thirteen stars and 666 and a woman clothed in the sun . . . all that stuff. Boy, ya ain't right enuff, that's fer sure.
Posted by: Doigotta
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May 16, 2007 10:41 PM
I am stunned that anyone can continue to defend Huckabee on any count.
I promise that if enough people send him contributions, it won't be long before he starts getting $400 "beauty salon" haircuts. It's what he's longed for all his life.
The whole business just proves (to him alone) that he's "right".
Posted by: widj
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May 16, 2007 10:50 PM
i have a cardioligist who you can tell the severity of how you are doing by the number of times he says poor in the sentence. i can only say poor poor poor huck. he has no substance only bad bad bad jokes. they are finally being recognized for what they are. he warms up someones old ideas when he can find ones obscure enough that some people will think they might be original like steve forbe's. when chris matthews is mentioning that he is already getting stale that is a problem. he can appear affable to old ladies and the so called christains who would vote for him if he was the nominee anyway.
Posted by: zonker
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May 16, 2007 10:56 PM
"He saved each and every citizen of this state hard earned dollars with his tax cuts"
Name them. And then offset them by all of his tax increases (including "fees" - a tax by another name).
Huck grew state gov't faster than Bill Clinton. We were the only state in the nation to take all of our tobacco settlement money and create totally new spending with it. It took Mike Beebe to give us a tax cut.
As a Republican I'm embarrassed. As a conservative in a primary Mike Huckabee is a sham.
(And Barrett, you're not related to Richard Hughes IV, are you?)
Posted by: Theodosius
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May 17, 2007 11:54 AM