Kavanaugh's finances

[Anonymous]

Anonymous wrote:His parents are rich. He is trying to play down his dad’s lobbying and the huge (multi million) deferred compensation he got, but he doesn’t have to save anything or ever worry because daddy will come in and save him.

Sounds like typical for the political elite. Wonder why you all find this all so scandalous, LOL! Like ya'll just fell off the turnip truck. I'm quite surprised he doesn't live in a nice home and his girls dont go to one of the prestigious privates.

[Anonymous]

This is still being discussed?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I had a job that involved reviewing the financial disclosure statements of nominees in multiple (both R and D administrations), and, in the beginning, I was surprised by how little most nominees had in the way of savings. There were always the few very wealthy types, who'd been in the private sector a long time, or had family money, but the ones who'd been working on Capital Hill or other branches of government most of their career generally didn't have much.

This is not a new insight, but many people on this board have a warped view of how most Americans live.

I don't think so. Many people on this board understand that most people don't have savings, carry balances on their ccs, etc. But we all know what people are supposed to do, which, as you noted, many don't, including this Supreme Court nominee.

I'm so confused. If hes had a pension since 2006, why would someone put money into TSP after that? Also, how is that even fair that someone get a lifetime pension and still be allowed to contribute to tax deferred retirement accounts? Additionally I'm not a federal worker, and have to plan, but why would someone save aggressively if he had a lifetime job and lifetime pension? All one would need is insurance. He does have 500k in TSP, plus that pension, not sure why he's not supposed to spend his disposable income.
Is there some special virtue in hoarding money?

No but there’s value in building wealth. If he stays on his current track he will have made millions over his career and spent almost ALL of it. That’s a waste of a good salary. He doesn’t make a ton but enough to not be living paycheck to paycheck.

There’s a difference between hoarding money and living paycheck to paycheck.

Why should he build wealth? Well he has a pension, but nothing to leave his wife and daughters if he should die? I'm guessing he must have a lot of life insurance. And maybe there's a 50% survivor's benefit for his wife.

At least for me, I want to build wealth to be able to help my kids with a down payment on their first home, as my parents did for me. I like for each generation to help the next. It doesn't make you lazy at all, as you always have to keep spending in check to be able to pass it down to the next generation. By buying a home at a young age, you can build equity and start to get ahead.

To me, it seems like kind of a waste to grind away at work for 40-45 years, and to have nothing (assets) to show for it. A pension is not something you can hand down.

Why is he supposed to build wealth? Me, as a someone who works in the private sector MUST build wealth in order to secure my future. I do not do this to be virtuous, I do this for my survival. That's the only reason I build wealth. I'm also 41. If today someone gave me a lifetime job with a lifetime pension, I dont see any value in building wealth. Heck, how much is that pension worth? 4M 5M? Despite my financially conservative nature, my 401k will never look like that.

I honestly dont understand the uproar over someone who is spending his money, has 500k saved, and who has a lifetime pension that only a fraction of the population could ever have.

Again, why should be build wealth given the security he has had as an appointee for over a decade? I truly dont fer it.

[Anonymous]

Anonymous wrote:This is still being discussed?

Obsessed with anything trump. It is truly a disorder.

[Anonymous]

Anonymous wrote:This is still being discussed?

You are the one that bumped a two week old thread

[Anonymous]

I thought this was cleared up when lawyers trained to do so looked as his disclosure forms. He didn’t run up debt over baseball tickets. It was from paying his initiation fee to the Chevy Chase Club. The ticket story was just a cover because country club fees doesn’t fit with the narrative that he is an every man.

[Anonymous]

Kavanaugh's finances are back in the news. Whitehouse is zeroing in on a peculiar email Kavanaugh sent after a rendezvous with friends while serving as White House counsel in the George W. Bush administration. “Apologies to all for missing Friday (good excuse), and growing aggressive after blowing still another game of dice (don’t recall),” the September 2001 email reads. “Reminders to everyone to be very, very vigilant w/r/t confidentiality on all issues and all fronts, including with spouses.”

https://www.washingtonpost.com/news/opinions/wp/2018/09/12/two-problems-brett-kavanaugh-still-must-address/?utm_term=.804a4465af70
Sen. Sheldon Whitehouse (D-R.I.) on Tuesday sent 14 pages of questions to Supreme Court nominee Brett M. Kavanaugh. While Whitehouse covers a lot of ground — from abortion, to environmental regulations, to work Kavanaugh performed in the George W. Bush administration — two things stand out.
First, he asks a ton of questions about the judge’s finances, including “Are there any debts, creditors, or related items that you did not disclose on your FBI disclosures?” He asks a slew of questions about the debt Kavanaugh incurred allegedly paying for baseball tickets for a friend who reimbursed him, as well as how he could afford membership at the Chevy Chase Club, which reportedly has a $92,000 initiation free and annual dues of more than $9,000.
Whitehouse also inquired whether Kavanaugh “participated in any form of gambling or game of chance or skill with monetary stakes, including but not limited to poker, dice, golf, sports betting, blackjack, and craps.” He even goes so far as to inquire whether Kavanaugh “ever sought treatment for a gambling addiction.”
Is this a Hail Mary or does Whitehouse have something?

[Anonymous]

Anonymous wrote:Kavanaugh's finances are back in the news. Whitehouse is zeroing in on a peculiar email Kavanaugh sent after a rendezvous with friends while serving as White House counsel in the George W. Bush administration. “Apologies to all for missing Friday (good excuse), and growing aggressive after blowing still another game of dice (don’t recall),” the September 2001 email reads. “Reminders to everyone to be very, very vigilant w/r/t confidentiality on all issues and all fronts, including with spouses.”

https://www.washingtonpost.com/news/opinions/wp/2018/09/12/two-problems-brett-kavanaugh-still-must-address/?utm_term=.804a4465af70
Sen. Sheldon Whitehouse (D-R.I.) on Tuesday sent 14 pages of questions to Supreme Court nominee Brett M. Kavanaugh. While Whitehouse covers a lot of ground — from abortion, to environmental regulations, to work Kavanaugh performed in the George W. Bush administration — two things stand out.
First, he asks a ton of questions about the judge’s finances, including “Are there any debts, creditors, or related items that you did not disclose on your FBI disclosures?” He asks a slew of questions about the debt Kavanaugh incurred allegedly paying for baseball tickets for a friend who reimbursed him, as well as how he could afford membership at the Chevy Chase Club, which reportedly has a $92,000 initiation free and annual dues of more than $9,000.
Whitehouse also inquired whether Kavanaugh “participated in any form of gambling or game of chance or skill with monetary stakes, including but not limited to poker, dice, golf, sports betting, blackjack, and craps.” He even goes so far as to inquire whether Kavanaugh “ever sought treatment for a gambling addiction.”
Is this a Hail Mary or does Whitehouse have something?

Pretty sketchy.

[Anonymous]

Lots of churches and country clubs have gambling nights. And lots of men his age have bi-weekly or monthly poker nights.

[Anonymous]

He’s a gambler who gets drunk and gambles $$$$.
I never heard a plausible explanation from him to except Latino how his debt was suddenly paid up.

[Anonymous]

Anonymous wrote:Lots of churches and country clubs have gambling nights. And lots of men his age have bi-weekly or monthly poker nights.

Gambling is illegal. He’s up for the Supreme Damn Court.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Kavanaugh's finances are back in the news. Whitehouse is zeroing in on a peculiar email Kavanaugh sent after a rendezvous with friends while serving as White House counsel in the George W. Bush administration. “Apologies to all for missing Friday (good excuse), and growing aggressive after blowing still another game of dice (don’t recall),” the September 2001 email reads. “Reminders to everyone to be very, very vigilant w/r/t confidentiality on all issues and all fronts, including with spouses.”

https://www.washingtonpost.com/news/opinions/wp/2018/09/12/two-problems-brett-kavanaugh-still-must-address/?utm_term=.804a4465af70
Sen. Sheldon Whitehouse (D-R.I.) on Tuesday sent 14 pages of questions to Supreme Court nominee Brett M. Kavanaugh. While Whitehouse covers a lot of ground — from abortion, to environmental regulations, to work Kavanaugh performed in the George W. Bush administration — two things stand out.
First, he asks a ton of questions about the judge’s finances, including “Are there any debts, creditors, or related items that you did not disclose on your FBI disclosures?” He asks a slew of questions about the debt Kavanaugh incurred allegedly paying for baseball tickets for a friend who reimbursed him, as well as how he could afford membership at the Chevy Chase Club, which reportedly has a $92,000 initiation free and annual dues of more than $9,000.
Whitehouse also inquired whether Kavanaugh “participated in any form of gambling or game of chance or skill with monetary stakes, including but not limited to poker, dice, golf, sports betting, blackjack, and craps.” He even goes so far as to inquire whether Kavanaugh “ever sought treatment for a gambling addiction.”
Is this a Hail Mary or does Whitehouse have something?

Pretty sketchy.

His explanation for that email is pretty sketchy.

In the email quoted above, please explain what “issues” and “fronts” you
wanted your friends to be “very, very vigilant” about “w/r/t/ confidentiality,
including with spouses.”

RESPONSE: I was referring to my upcoming first date with my now-wife, Ashley, which was
scheduled to take place that evening (September 10, 2001). Over the course of the preceding
weekend, I had discussed Ashley at some length with my longtime friends. In the email, I was
asking my friends not to share my interest in and upcoming date with Ashley with their
spouses.

https://www.judiciary.senate.gov/imo/media/doc/Kavanaugh%20Responses%20to%20Questions%20for%20the%20Record.pdf

[Anonymous]

The Nats ticket explanation for the debt holds no credibility at all. None.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Kavanaugh's finances are back in the news. Whitehouse is zeroing in on a peculiar email Kavanaugh sent after a rendezvous with friends while serving as White House counsel in the George W. Bush administration. “Apologies to all for missing Friday (good excuse), and growing aggressive after blowing still another game of dice (don’t recall),” the September 2001 email reads. “Reminders to everyone to be very, very vigilant w/r/t confidentiality on all issues and all fronts, including with spouses.”

https://www.washingtonpost.com/news/opinions/wp/2018/09/12/two-problems-brett-kavanaugh-still-must-address/?utm_term=.804a4465af70
Sen. Sheldon Whitehouse (D-R.I.) on Tuesday sent 14 pages of questions to Supreme Court nominee Brett M. Kavanaugh. While Whitehouse covers a lot of ground — from abortion, to environmental regulations, to work Kavanaugh performed in the George W. Bush administration — two things stand out.
First, he asks a ton of questions about the judge’s finances, including “Are there any debts, creditors, or related items that you did not disclose on your FBI disclosures?” He asks a slew of questions about the debt Kavanaugh incurred allegedly paying for baseball tickets for a friend who reimbursed him, as well as how he could afford membership at the Chevy Chase Club, which reportedly has a $92,000 initiation free and annual dues of more than $9,000.
Whitehouse also inquired whether Kavanaugh “participated in any form of gambling or game of chance or skill with monetary stakes, including but not limited to poker, dice, golf, sports betting, blackjack, and craps.” He even goes so far as to inquire whether Kavanaugh “ever sought treatment for a gambling addiction.”
Is this a Hail Mary or does Whitehouse have something?

Pretty sketchy.

From 2001, when he wasn't even married? LOL!!! People sure are desperate for something!

[Anonymous]

Anonymous wrote:The Nats ticket explanation for the debt holds no credibility at all. None.

You never went in with some friends to buy tickets for something? A concert, a ball game, etc? Thousands of people across DC buy season tickets to Nats, Redskins, and Capitals every year and split them up among friends. You know, one guy puts them on his credit card, the tickets are split up, and everyone pays the guy back? You never do that?