Tornado Alley (PROG)

[DesertDrifter]

if it is true that he reported no assets he. must have given it all away— or those disclosure forms are just a facade

you are an "accountant" but do not understand that the government-provided IRA equivalent is called FERS (federal employees retirement system) is an asset that is not optional, nor is there a way to get rid of it until you either retire or quit the government? It is not transferable. He has been a federal government employee for several years, so it would have automatically accrued at least $20k if he put nothing in to it and forewent the matching funds for the non-mandatory portion. So we know he has that as an asset that was not reported. Imagine getting a divorce and not listing your IRA as an asset... Perhaps you have done the "accounting" for a divorce settlement... not listing your retirement account would put you in contempt.

If he did not list it, then he filed a false statement, pure and simple. He is a republican, so not having ethics is standard equipment, but this is a legal matter not an ethical one.