Friday, June 17, 2011

Million Dollar Billy, Part Duex; Hot Diggity Dawg!



On Nov. 9, 2009, then-candidate Long sat down for a short interview (see video below) with Josh Marsh, Morning News Watch host on KZRG radio in Joplin, Mo.During the interview, he spoke about the hardships and sacrifices he was willing to make if voters in southwest Missouri elected him to Congress:

“You have to sell your business. If you have a fiduciary business, you have to sell that, so I’ve gotta walk away from a business I built up for 30 years. Who’s gonna buy it without me there? Answer: Nobody. Whoever I sell it to has to take my name off of it. Now, what’s it worth? Absolutely nothing.

“I own a third interest in the largest real estate company in Springfield; I have to sell that. Do you want to buy a real estate company today? You know, they’re not worth anything, and I have to give up my real estate broker’s license.”


On 04/30/2011 Billy Long was, according to documents filed with the MO Secretary of State's office, the president of Billy Long, Inc.



On his financial disclosure form for 2010, Billy Long states that he resigned his position on January 1, 2011 and "no longer an officer or shareholder."


On 04/30/2011, the following document was filed with the MO Secretary of State's office: Barbara Long is now the president of Billy Long, Inc. Billy Long is no longer an officer of shareholder of Billy Long, Inc.

Couple of things....what did Billy do with his shares of Billy Long, Inc? If he sold them or gave them away, shouldn't that have been reflected somewhere in his financial disclosure? If he put those shares in a blind trust, shouldn't that have been reflected somewhere in his financial disclosure? If he gave them to his wife, shouldn't that have been reflected somewhere in his financial disclosure?

Then there is that quote of Billy's: “You have to sell your business. If you have a fiduciary business, you have to sell that, so I’ve gotta walk away from a business I built up for 30 years. Who’s gonna buy it without me there? Answer: Nobody. Whoever I sell it to has to take my name off of it. Now, what’s it worth? Absolutely nothing."

As of 04/30/2011 Billy Long, Inc was still in business with a new owner. Despite his protesting "Who’s gonna buy it without me there?" Apparently his wife did.

"What's it worth?" We don't know because the transfer of ownership didn't show up on Billy's financial disclosure statement. We know who bought his hay and how much Billy got for selling his tractor and brush hog....

And that bit about "Whoever I sell it to has to take my name off of it." -- well that didn't happen either because accordign to the document filed with the MO Secretary of State's office, BILLY LONG, INC is still in business and Barbara Long is the President, Secretary, Treasurer and appears to be the sole member of the board of directors of BILLY LONG,INC.

HOT DIGGITY DAWG!

12 comments:

Anonymous said...

Mel Hancock lost his business to his son in an effort to avoid these requirements.

Anonymous said...

Murney associates had 960,000,000 in gross sales in 2006, looking for this years numbers, He didn't disclose this piece of info. But the NYT wants to know about this??

Anonymous said...

"Bill Stouffer is a self-serving, brain-dead, asshole who believes we, the citizens of Missouri, cannot live without him on the public payroll, contributing nothing to our future and quality of life. Notice how he does not have a solution or recommendations on the budget, but only wants to criticize others, i.e. Nixon this time.

Vickie Hartzler was correct in her evaluation of him in the 4th District Primary Election, he is a no-nothing who will lead us nowhere."

Could not the same be said about the Gentleman from Missouri's 7th?

Anonymous said...

Is this "oversight" (read attempted fraud) on Long's part not enough for an ethics charge? This is at least as offensive as Anthony Weiner's irresponsible tweeting habits, and much more corrupt. I personally find this arrogant flaunting of the House Rules much more frightening than an oversexed Representative with no other ethics issues (for 7 previous terms). If Billy Long has the nerve to blatantly ignore the ethics requirements for purpose of feathering his own nest, especially at this early point in his term, what will he do to his constituents in the interest of further benefitting himself and his campaign donors?

Anonymous said...

Hey, he didn't list Bozo either... Free Bozo!

Anonymous said...

Billy Long obviously knew of this. Knowing that, listening to the audio, this is fraud. Fraud in this case would be a felony which means Billy Long would come home to Missouri to serve some prison time if the feds were to learn of this. Someone should call Billy's friends at the FBI.

Anonymous said...

Hot diggity dawg. You lie Billy, and every time you lie I am going to say Hot Diggity Dawg.

Anonymous said...

How do we notify Congress of Congressman Long's possible ethics problem?

Anonymous said...

Wherever Billy goes, controversy follows from the Metropolitan Grill all the way up to Washington, DC.

Anonymous said...

@6/17 7:10 Mel Hancock and Roy Blunt weren't this transparently corrupt.

The CDM said...

Side note:

Anyone know why he still insists on wearing a costume(cowboy hat and boots) to D.C.? Anyone else know of an actual cowboy/ranch hand pushing 400 lbs?

Bungalow Bill said...

To readers of the Springfield News-Leader who are accessing this page, ask yourself why Roseann Mooring didn't take the time to find these documents, which really didn't take much effort to find before she published her puff piece on Billy Long Auctions. http://www.news-leader.com/article/20110626/NEWS01/106260356/Long-Auction-business-sold-piecemeal

Why does the News-Leader continue to protect Congressman Long from his questionable actions?