For those of you who are interested, Jack Bog has an interesting analysis of Bush and Cheney's tax returns.  One comment I have an issue with:

...and $302,000 in capital gains on sales of more than $10,000,000 of mutual fund shares in the early part of 2003. (They got out of Treasury bond funds -- "big time," as the Veep himself might say.)

Okay, so we've proven that the Veep is not an idiot.  He got out of Treasury bond funds.  Who the hell would be in Treasury bonds at this stage in the game anyway?  I don't consider this some sort of Machiavellian desire to use his political powers to time the market, I think its just common sense. via [tax prof blog]

10:31:25 AM  #