Thursday, June 16, 2011

Congress Discloses Stock Holdings, Unearned Income and Free Stuff

Interesting look at Congress members' financial disclosures including what stocks they hold and sold, other unearned income and free stuff they got. Nancy Pelosi sold Yahoo!, Microsoft, Apple and J. Crew. Boehner has a bunch of mutual funds, sold Pimco. He also got a free airplane ride courtesy of Club for Growth. As you might expect, Ron Paul is invested in gold and mines. Eric Ivan Cantor owns Alcoa, Altria, Disney, Dominoes and others. Barney Frank has mutual funds.
You can look up the House members disclosures here. 
The filing deadline was May 15 and the disclosures were released yesterday. Someone's weiner is still overshadowing important stuff.
Some Congress members, such as Michele Bachmann, all busy trying to be president, filed an extension. In all, 76 House members filed an extension, 23 democrats, 53 republicans; 20 Senators filed an extension.
The Obamas and the Bidens released their financial disclosures on May 16.
More from the AP for leaders and committee chairs. Here's Reid, but you can also find Jon Kyl, Mitch McConnell and others:
Senate Majority Leader Harry Reid, D-Nev.
Earned income: $193,400
Honoraria, all donated to charity: None
Major assets: 160 acres in Bullhead City, Ariz., $1 million-$5 million; controlling interest in 55 acres in Reid's hometown of Searchlight, Nev., $250,001-$500,000; controlling interest in 47 acres in mining claims, $250,001-$500,000; Wells Fargo Tax Free Money Market Trust, $100,001-$250,000; Dow Jones U.S. Technology Sector Index Fund, $100,001-$250,000; controlling interest in mining claims in Searchlight, Nev., $100,001-$250,000
Major sources of unearned income: Municipal government bonds, including four from Milwaukee and West Bend, Wis., Pierce County, Wash., and Washington County, Utah, each earning $2,501-$5,000
Major liabilities: Campaign loan from Meadows Bank, $50,001-$100,000
Gifts: A painting valued at $650 from the Rainbow Dreams Educational Foundation, a Las Vegas-based charity; and a Dec. 23 flight for Reid and his wife, Landra, to Reno, Nev., with Sen. Diane Feinstein, D-Calif., valued at $14,500.