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Poker Chips and Chain Saw Among Gifts Bush

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WASHINGTON - It's good to be president, not the least because it inspires rock stars and others to buy you presents like $1,800 suits, $900 poker sets, $350 chain saws and $5,500 bikes. President Bush and Vice President Dick Cheney on Monday released the financial disclosure forms they are required by law to file every year. They offer a broad portrait of both men's not-insignificant wealth, showing Bush to possess a relatively safe portfolio, with much of his money locked up in real estate and rock-solid investments in government Treasury notes, while Cheney has a more diverse spread of assets. Among the awkward vagaries of being in high public office is that the forms reveal how much each spent on the other for Christmas. Last year, for instance, Cheney presented Bush with a $400 pair of binoculars, while the president bought his second-in-command a $338 hammock on a steel frame.

Because federal ethics law allows officials to list the values of their assets in wide ranges, rather than precise numbers, it is unclear whether either Bush or Cheney are wealthier than they were a year ago. The forms appear to suggest little substantial change in 2005 from years past in both the value and type of the men's holdings. The disclosure said Bush's 1,583-acre central Texas ranch was worth between $1 million and $5 million. The president also reported having at least $3. 95 million in Treasury notes, $945,000 in certificates of deposits, $153,000 in checking and money market accounts and at least $1 million in investments held in a blind trust. Bush owns the mineral rights valued at up to $15,000 on property in Reeves County, Texas.

He also owns a tree farm, which is not expected to have commercial sales until 2007, which has a value of just over $700,000.

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