Wendy Davis Failed To Disclose Her Stocks, Mutual Funds/Capital Gains In Finances

[Steve_McGarrett]

Practicing disclosure and being ethical is a concept that defines a good politician from a bad one. In this case, Texas gubernatorial candidate Wendy Davis has been caught not disclosing all of her assets on her personal financial statements that she is required to do each year. In this case, she failed to do it 3 times out of the 4 years since she has been elected to office. In fact she misrepresented those disclosures and now she is in violation of Texas State Code as it has been uncovered. Her violations have now been filed with the Texas Ethics Commission and this is now another case of candidate Wendy Davis not representing herself truthfully and accurately.

Citizen Files Ethics Complaint Against Wendy Davis - Watchdog Wire - Texas
Wendy Davis Faces Ethics Complaint in Texas


Davis failed to disclose her ownership of stocks and mutual funds, capital gains made on the sale of those mutual funds, interest earned on several bank accounts, and professional ties to registered lobbyists associated with a law firm at which she is employed. Davis allegedly failed to make these financial disclosures on three of the four Personal Financial Statements she has filed since taking office in 2009.

Davis disclosed ownership of a single stock and two mutual funds on each of her Personal Financial Statements, but reported ownership of several additional mutual funds on her income tax returns for each corresponding year. Davis’ 1040 and 1099-B forms include over 40 pages of proceeds from mutual fund transactions, and reveal that the Senator reported to the IRS that she bought and sold several mutual funds that made capital gains and losses during the years 2010-2012, but did not report any such activity to the state in her Personal Financial Statements for those years.

~

Once the complaint is processed by the Ethics Commission, Davis will have 30 days to respond in writing. If the commission deems that Davis “knowingly and willfully failed to file a financial statement” that covered her assets, she may be subject to both civil penalties and criminal prosecution.
The commission may impose up to $10,000 in civil fines, and may also turn a case over to state prosecuting attorneys for criminal prosecution. Failure to comply with the personal financial disclosure requirements is a Class B misdemeanor, punishable by up to $2,000 in fines and 180 days in jail.

 

[NLT]

Shes a down bound train

 

[Steve_McGarrett]

Shes a down bound train

Yes, one who has been lying on her back for a long time.

 

[1776]

Jail time????

 

[HenryBHough]

With this level of expertise she's a shoo-in for Obama's next czarship appointment.

 

[LordBrownTrout]

With this level of expertise she's a shoo-in for Obama's next czarship appointment.

That's a good gig for her. She'd be perfect to head up obamacare also.

 

[CrusaderFrank]

She's setting herself up to get the VP nomination

 

[RoadVirus]

And Davis was the best the Dumbos could come up with?

 

[Katzndogz]

She's been done for awhile. Now she's simply singeing around the edges.

 

[williepete]

She's as fake as her accent.



Real People Don't Talk Like That, Wendy
By Kevin D. Williamson
http://www.nationalreview.com/corner/369866/real-people-dont-talk-wendy-kevin-d-williamson

The worst thing about Texas politics, besides the Sanctimonious White Ladies, is the language. Everybody talks like they’re characters in some dumb Western movie from 1979. Molly Ivins, a product of California, St. John’s School, and Smith College, spoke with a ridiculously affected hickoid accent found nowhere in the wild. George W. Bush of Kennebunkport, the Kinkaid School, Yale, and Harvard speaks with an accent that supposedly hails from the Midland area, but is entirely alien to my ears, which were educated the next town up. I am fairly steeped in Texas accents: Go back one generation in my family and you’ll have as much luck understanding the men as you would a character from Trainspotting.

So now we have Wendy Davis of Rhode Island, Mistletoe Heights (median income $72,390), and Harvard, doing her best John Wayne, declaring that her critics have picked a fight with “the wrong Texas gal.” Oh, Wendy: Nobody talks like that in Texas, or anywhere else, except in movies and dumb campaign commercials. I can’t remember the last time I heard anybody under 70 years of age use “gal” un-ironically outside of a country song.

Ms. Davis is upset that her critics have interpreted her willfully misleading statements about her personal life as willfully misleading statements about her personal life, which apparently is a low blow. (Though not so low as inviting your wheelchair-bound opponent to “walk a day in my shoes.” The expression is “walk a mile,” but, whatever.) The usual thing for a cornered rat to do in Texas politics is to try to out-Texan the other guy, since we Texans are insanely chauvinistic, but since Wichita Falls pretty handily trumps Rhode Island, that’s going to be tough to do. Thus, “wrong Texas gal.”

Ms. Davis represents an area that is as well-known for its art museums as for once having been a stop on the Chisholm Trail. Her attempt at what I assume is intended to be authenticity is fairly lame. I wish she — and other Texas politicians — would knock it off. Not everybody in Iowa is a corn farmer, not everybody in New York folds his pizza in half, some people in Philadelphia can pronounce the voiceless dental fricative in “with,” etc. Ms. Davis can’t quite seem to tell whether she’s in a political campaign or auditioning for a bit part in a remake of The Life and Times of Judge Roy Bean.

 

[Steve_McGarrett]

She's as fake as her accent.



Real People Don't Talk Like That, Wendy
By Kevin D. Williamson
Real People Don't Talk Like That, Wendy | National Review Online

The worst thing about Texas politics, besides the Sanctimonious White Ladies, is the language. Everybody talks like they’re characters in some dumb Western movie from 1979. Molly Ivins, a product of California, St. John’s School, and Smith College, spoke with a ridiculously affected hickoid accent found nowhere in the wild. George W. Bush of Kennebunkport, the Kinkaid School, Yale, and Harvard speaks with an accent that supposedly hails from the Midland area, but is entirely alien to my ears, which were educated the next town up. I am fairly steeped in Texas accents: Go back one generation in my family and you’ll have as much luck understanding the men as you would a character from Trainspotting.

So now we have Wendy Davis of Rhode Island, Mistletoe Heights (median income $72,390), and Harvard, doing her best John Wayne, declaring that her critics have picked a fight with “the wrong Texas gal.” Oh, Wendy: Nobody talks like that in Texas, or anywhere else, except in movies and dumb campaign commercials. I can’t remember the last time I heard anybody under 70 years of age use “gal” un-ironically outside of a country song.

Ms. Davis is upset that her critics have interpreted her willfully misleading statements about her personal life as willfully misleading statements about her personal life, which apparently is a low blow. (Though not so low as inviting your wheelchair-bound opponent to “walk a day in my shoes.” The expression is “walk a mile,” but, whatever.) The usual thing for a cornered rat to do in Texas politics is to try to out-Texan the other guy, since we Texans are insanely chauvinistic, but since Wichita Falls pretty handily trumps Rhode Island, that’s going to be tough to do. Thus, “wrong Texas gal.”

Ms. Davis represents an area that is as well-known for its art museums as for once having been a stop on the Chisholm Trail. Her attempt at what I assume is intended to be authenticity is fairly lame. I wish she — and other Texas politicians — would knock it off. Not everybody in Iowa is a corn farmer, not everybody in New York folds his pizza in half, some people in Philadelphia can pronounce the voiceless dental fricative in “with,” etc. Ms. Davis can’t quite seem to tell whether she’s in a political campaign or auditioning for a bit part in a remake of The Life and Times of Judge Roy Bean.

She got that accent pointer from Hillary back in 2008.

[ame=http://www.youtube.com/watch?v=YaDQ1vIuvZI]Hillary Clinton adopts a southern drawl - YouTube[/ame]