Campaign Ammo May 2017 Candidate Financial Disclosure -

[Kosher Dill]

Hat tip to @nets_awesome for finding this:
http://clerk.house.gov/public_disc/financial-pdfs/2017/10016803.pdf

Official instructions on how this form should be used are here:
http://ethics.house.gov/sites/ethics.house.gov/files/2016 Instructions.pdf

As before, just going to drop the most interesting observations in one place.

Schedule A:
- The obvious takeaway is that Brianna has no assets whatsoever - or at least none worth more than $1000.
- A curiosity: apparently neither of the Wus has an interest-bearing bank account - or if they do, it doesn't have more than $1000 in it.

Schedule C:
- The Wu household brought in $217,490 last year, most of which was Frank's salary. Note that they don't have to report how much of the Patreon income is just their own money "recycled".
- "Honoraria" sounds bizarre but is apparently a legit way to report stuff like Patreon. The system was very much designed for people with real jobs.
- What on earth is the $12K in Relay.FM income from? Given that there are like 3 or 4 hosts to split the proceeds, does anyone really believe that those godawful podcasts are grossing $50K/year in ad revenue? Something is fishy there.
- Apple is presumably the Revolution 60 iOS income. Factoring in Apple's 30% cut of the revenues, this means approximately 200 people bought Rev60 at $6 apiece in 2016.
- "Future Network" is Wu's column in "Mac|Life" magazine. Example here:
https://www.pressreader.com/australia/mac-life/20170502/284189400634235
This column comes out monthly, so he gets paid about $200 for each one of these embarrassments. Looks like cronyism in action.
- There is no income reported for Rev60 PC version, which means either Frank screwed up filling out this form, or Rev60 made less than $200 total

Schedule D:
- Most interesting thing here is what's not present: a mortgage. This confirms that either they're renting that new house or bought it outright (which seems unlikely)
- It's also strange that John is a co-signer on the car loan when he has no income or assets. Why bother?

Schedule E:
Nothing here except they accidentally list John as a Novartis patent agent rather than Frank.

Start your digging, gentlemen!

 

[Null]

Very interesting breakdown of tax data. Well done.

 

[Marvin]

Goddamn, Frank makes a shitton. Why the hell is he with Brianna if he has all that money? She must play one hell of a skinflute or some shit.

 

[AnOminous]

Goddamn, Frank makes a shitton. Why the hell is he with Brianna if he has all that money? She must play one hell of a skinflute or some shit.

John must satisfy whatever incredibly fucked up fetish Frank has.

 

[Kosher Dill]

She must play one hell of a skinflute or some shit.

This seems like an appropriate time to drop John's O-face again:
https://web.archive.org/web/20140904232510/http://www.frankwu.com/Melanie1.html

EDIT: OK, somewhat more on-topic: Frank makes a good salary, but he also lives in one of the most expensive states and his social circle (insofar as he has one) consists of other sci-fi nerds who probably get paid well too. So he's probably not going to stand head-and-shoulders over other potential mates, to the kind of women he's likely to meet.

 

[Yellow Yam Scam]

Goddamn, Frank makes a shitton. Why the hell is he with Brianna if he has all that money? She must play one hell of a skinflute or some shit.

Frank is either an utterly broken man, or someone who fetishizes utterly broken men.

Edit: And back on topic...

In the main thread, there is discussion about Brianna comitting fraud by saying that she makes no money from her Patreon because she gives it all to employees - but theoretically, she would still have to report this money as income if she recieved it, then paid it out, right?

(I am of course pretending that it is a possibility that Brianna's "harassment monitors" actually exist.)

 

[Kosher Dill]

In the main thread, there is discussion about Brianna comitting fraud by saying that she makes no money from her Patreon because she gives it all to employees - but theoretically, she would still have to report this money as income if she recieved it, then paid it out, right?

Yeah, there's no way to use this form to disprove the "harassment officer" story. Since the Patreon is in her name, all the money goes to her as income, and she could then theoretically be paying other people with it.

 

[The Nameless One]

An honorarium is used to pay speakers at events for their travel costs, so the Apple income is probably related to a talk he went to. Which implies that he didn't make enough money off of Rev60 to have to report it at all.

 

[stets]

- The obvious takeaway is that Brianna has no assets whatsoever - or at least none worth more than $1000.

No income was reported for any productive job either. She's reporting around $35K of annual income, but it's primarily handouts. I love how all of her positions and titles are listed in Schedule E, but none of them generate income or salaries. I find that hilarious.

A curiosity: apparently neither of the Wus has an interest-bearing bank account - or if they do, it doesn't have more than $1000 in it.

That's extremely unusual. That had to be an oversight on their part.

Most interesting thing here is what's not present: a mortgage. This confirms that either they're renting that new house or bought it outright (which seems unlikely)

Mortgages on homes do not need to be reported on financial disclosure forms unless they generate income.

Other things I noticed -
Auto loans do not need to be reported, so it's strange that that made it into the report.

It's also interesting that there's no revolving debt reported. It must be nice to have Frank pay off in full all of the toys you charged on the credit cards every month so that there's no balance carried over.

Also interesting that there aren't any revolving retail accounts, which generally offer financing promotions that warrant carrying a temporary balance. I would have expected to see John with something like a Newegg or Best Buy or Amazon account with some kind of balance.

No dividend income was reported. It's strange that Frank has over 100K in investment accounts that don't draw any dividends at all.

Also mildly interesting that all of Frank's investment income is in tax deferred investment accounts. I would think that at his age and with his salary that he would have some additional investment income in none-IRA/401(k) accounts.

 

[Jack Awful]

"Brianna Wu is a leading female game dev"
-Revolution 60 earned less than $2000 in sales

 

[Hollywood Hulk Hogan]

- What on earth is the $12K in Relay.FM income from? Given that there are like 3 or 4 hosts to split the proceeds, does anyone really believe that those godawful podcasts are grossing $50K/year in ad revenue? Something is fishy there.

I'd say money laundering from her campaign contributions, but I doubt that she is getting near that much

 

[breadandcircuses]

"Brianna Wu is a leading female game dev"
-Revolution 60 earned less than $2000 in sales

Everything in that sentence is a lie.