Steve Forbes
Encyclopedia
Malcolm Stevenson "Steve" Forbes, Jr. (born July 18, 1947) is an American editor, publisher, and businessman. He is the editor-in-chief of business magazine Forbes
as well as president and chief executive officer
of its publisher, Forbes Inc. He was a Republican candidate in the U.S. Presidential primaries in 1996
and 2000
. He is the son of longtime Forbes magazine publisher Malcolm Forbes
and the grandson of that publication's founder, B.C. Forbes.
, the son of Roberta Remsen (née
Laidlaw) and Malcolm Forbes
. He is married to Sabina Beekman, and they have five daughters; Charlotte, Claire, Ava, Johnnie, and Violet. Forbes attended Far Hills Country Day School
. He graduated cum laude in 1966 from Brooks School
in North Andover, Massachusetts
, and was in the Princeton
class of 1970. While at Princeton, Forbes founded his first magazine, Business Today
, with two other students. Business Today is currently the largest student-run magazine in the world.
In 1996, years after the death of his father, he changed the name credited to him on the Forbes magazine masthead from Malcolm S. Forbes Jr. to the name he had been known as throughout childhood, Steve Forbes.
Forbes served as an occasional guest host on the show History's Business
on the television channel History.
He was awarded an honorary doctorate in economics from Stevenson University on April 30, 2009.
Forbes is a member of Alpha Kappa Psi
and Tau Kappa Epsilon
.
appointed Forbes as head of the Board of International Broadcasting (BIB), Radio Free Europe/Radio Liberty.
He helped craft Christine Todd Whitman
's plan for a 30 percent cut in New Jersey's income tax
over three years, and this plan proved to be a major factor in her victory over incumbent Governor James Florio
. After her election, Whitman proposed these tax cuts and they were enacted into law. Forbes made an issue of his role in these New Jersey tax cuts in his subsequent campaigns for the presidency.
in 1996 and 2000, primarily running on a campaign to establish a flat income tax
. He also supported the ideas of re-introducing 4 1/2% mortgages and term limits in 1996, but dropped both in 2000 (as they were minor planks in his overall platform).
When Forbes ran for president in 1996
and 2000
, he sold some of his Forbes Inc. voting shares to other family members to help finance his run. He did not come close to securing the Republican
nomination, despite winning the Arizona and Delaware Primaries in 1996 and getting some significant shares of the vote in other primaries. His stiff campaigning style was a major factor; Time Magazine called his stumping a "comedy-club impression of what would happen if some mad scientist decided to construct a dork robot." After dropping out early in the 2000 primary season, he returned to heading the magazine and company. During the 1996 campaign, insiders at Fortune alleged that stories about Forbes' advertisers became favorably biased toward them.
Major issues Forbes has supported include free trade
, health savings account
s, and allowing people to opt out 75% of Social Security
payroll tax
es into Personal Retirement Accounts (PRAs). He supports traditional Republican Party
policies such as downsizing government agencies to balance the budget, tough crime laws and support for the death penalty, and school vouchers, opposition to gun control
and most government regulation of the environment, as well as drug legalization and same-sex marriage
. This last was despite his father's increasingly flamboyant gay lifestyle before his death. In terms of foreign policy
, he called for a "US not UN foreign policy" (which is composed of anti-International Monetary Fund
sentiments, pro-Israel
i sentiment, opposition to Most Favored Nation status for the People's Republic of China
, and anti-UN sentiment.)
His flat tax plan has changed slightly. In 1996 he supported a flat tax of 17% on all personal and corporate earned income (unearned income such as capital gains, pension
s, inheritance
, and savings would be exempt.) However, he supported keeping the first $33,000 of income exempt. In 2000 he maintained the same plan, but instead of each person receiving an exemption of $33,000, it more closely resembled the Armey Plan (Forbes's version called for a $13,000 per adult and $5,000 per dependent deduction). Forbes himself is very wealthy, with a net worth
in 1996 of $430 million. Although Forbes publishes the list of the 400 wealthiest men and women in the U.S., Forbes conspicuously exempts himself from such disclosure. In response to this criticism, Forbes promised in his 2000 campaign to exempt himself from the benefits of the flat tax, although he did support the repeal of the 16th Amendment
in a debate with Alan Keyes
the previous year.
In his 2000 campaign, Forbes professed his support for social conservatism
along with his supply-side economics
. Despite holding opposite positions in 1996, for the 2000 campaign, Forbes announced he was adamantly opposed to abortion
and supported prayer
in public schools. The previous year Forbes had issued a statement saying he would no longer donate money to Princeton University
due to its hiring of philosopher Peter Singer
, who views personhood as being limited to 'sentient' beings and therefore considers some disabled people and all infants to lack this status. Steve Forbes was one of the signers of the Statement of Principles of Project for the New American Century
(PNAC) on June 3, 1997.
. He is also a member of the board of trustees of the Heritage Foundation
, an influential Washington, D.C.
-based public policy research institute. He is a frequent panelist on the television
program Forbes on Fox
, which also features members of the Forbes magazine staff, and is shown Saturday mornings on Fox News Channel
at 11:00 am EST
.
On March 28, 2007, Forbes joined Rudolph Giuliani's campaign for the 2008 presidential election
, serving as a National Co-Chair and Senior Policy Advisor. Later in the 2008 presidential campaign, Forbes served as John McCain
's Economic Adviser on Taxes, Energy and the Budget during McCain's bid for the 2008 Presidential election.
In December 2009, Forbes, in a nationwide mailer for the National Right To Work
Committee, opposed union membership for police officers and firefighters, terming their representatives, "union czars," and requested that mailer recipients contact their congressional representatives with regard to HR 413.
In 2010 Forbes endorsed Peter Schiff
.
In 2011, Forbes has endorsed Texas Governor Rick Perry for President in 2012.
, Republican candidate for the U.S. Senate in the Commonwealth of Kentucky
.
On January 28, 2010 he formally endorsed Marco Rubio
, Republican candidate for the U.S. Senate in the State of Florida
.
He endorsed incumbent U.S. Senator John McCain
, Republican of the State of Arizona
for re-election in 2010.
On July 28, 2010, he formally endorsed Peter Schiff
, Republican candidate for the U.S. Senate in the State of Connecticut
.
On August 13, 2010, he announced his endorsement of Jim Huffman
, Republican candidate for the U.S. Senate in the State of Oregon
.
On August 26, 2010, Forbes formally endorsed Dr. Mariannette Miller-Meeks, Republican candidate for the U.S. House of Representatives in the 2nd Congressional District of Iowa
On September 2, 2010, Forbes formally endorsed State Representative Justin Amash
, Republican candidate for the U.S. House of Representatives in Michigan's 3rd congressional district
.
On October 12, 2010, Forbes formally endorsed Bill Hudak, Republican candidate for the U.S. House of Representatives in Massachusetts's 6th congressional district
.
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
as well as president and chief executive officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of its publisher, Forbes Inc. He was a Republican candidate in the U.S. Presidential primaries in 1996
Republican Party (United States) presidential primaries, 1996
The 1996 Republican presidential primaries were the selection process by which voters of the Republican Party chose its nominee for President of the United States in the 1996 U.S. presidential election...
and 2000
Republican Party (United States) presidential primaries, 2000
The 2000 Republican presidential primaries were the selection process by which voters of the Republican Party chose its nominee for President of the United States in the 2000 U.S. presidential election. Governor of Texas George W...
. He is the son of longtime Forbes magazine publisher Malcolm Forbes
Malcolm Forbes
Malcolm Stevenson Forbes was publisher of Forbes magazine, founded by his father B. C. Forbes and today run by his son Steve Forbes.-Life and career:...
and the grandson of that publication's founder, B.C. Forbes.
Personal life and education
Forbes was born in Morristown, New JerseyMorristown, New Jersey
Morristown is a town in Morris County, New Jersey, United States. As of the 2010 United States Census, the town population was 18,411. It is the county seat of Morris County. Morristown became characterized as "the military capital of the American Revolution" because of its strategic role in the...
, the son of Roberta Remsen (née
Married and maiden names
A married name is the family name adopted by a person upon marriage. When a person assumes the family name of her spouse, the new name replaces the maiden name....
Laidlaw) and Malcolm Forbes
Malcolm Forbes
Malcolm Stevenson Forbes was publisher of Forbes magazine, founded by his father B. C. Forbes and today run by his son Steve Forbes.-Life and career:...
. He is married to Sabina Beekman, and they have five daughters; Charlotte, Claire, Ava, Johnnie, and Violet. Forbes attended Far Hills Country Day School
Far Hills Country Day School
Far Hills Country Day School is a private, nonsectarian coeducational day school located in Far Hills, New Jersey, United States...
. He graduated cum laude in 1966 from Brooks School
Brooks School
Brooks School is a private, co-educational, preparatory, secondary school in North Andover, Massachusetts on the shores of Lake Cochichewick.-History:...
in North Andover, Massachusetts
North Andover, Massachusetts
North Andover is a town in Essex County, Massachusetts, United States. North Andover is the home of Merrimack College, a private, Catholic four-year institution ....
, and was in the Princeton
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
class of 1970. While at Princeton, Forbes founded his first magazine, Business Today
Business Today (Student Magazine)
Business Today is an American, non-profit student organization that seeks to bridge the communication gap between college students and business executives. The organization publishes a magazine and hosts an international conference by the same name....
, with two other students. Business Today is currently the largest student-run magazine in the world.
In 1996, years after the death of his father, he changed the name credited to him on the Forbes magazine masthead from Malcolm S. Forbes Jr. to the name he had been known as throughout childhood, Steve Forbes.
Forbes served as an occasional guest host on the show History's Business
History's Business
History's Business is a program on the History Channel in which a host interviews CEO's about the history of their companies. It appears on Sunday mornings....
on the television channel History.
He was awarded an honorary doctorate in economics from Stevenson University on April 30, 2009.
Forbes is a member of Alpha Kappa Psi
Alpha Kappa Psi
ΑΚΨ is the oldest and largest professional business fraternity. The Alpha Kappa Psi Fraternity was founded on October 5, 1904 at New York University, and was incorporated on May 20, 1905...
and Tau Kappa Epsilon
Tau Kappa Epsilon
Tau Kappa Epsilon is a college fraternity founded on January 10, 1899 at Illinois Wesleyan University with chapters in the United States, and Canada, and affiliation with a German fraternity system known as the Corps of the Weinheimer Senioren Convent...
.
Early political career
In 1985, President Ronald ReaganRonald Reagan
Ronald Wilson Reagan was the 40th President of the United States , the 33rd Governor of California and, prior to that, a radio, film and television actor....
appointed Forbes as head of the Board of International Broadcasting (BIB), Radio Free Europe/Radio Liberty.
He helped craft Christine Todd Whitman
Christine Todd Whitman
Christine Todd "Christie" Whitman is an American Republican politician and author who served as the 50th Governor of New Jersey from 1994 to 2001, and was the Administrator of the Environmental Protection Agency in the administration of President George W. Bush from 2001 to 2003. She was New...
's plan for a 30 percent cut in New Jersey's income tax
Income tax
An income tax is a tax levied on the income of individuals or businesses . Various income tax systems exist, with varying degrees of tax incidence. Income taxation can be progressive, proportional, or regressive. When the tax is levied on the income of companies, it is often called a corporate...
over three years, and this plan proved to be a major factor in her victory over incumbent Governor James Florio
James Florio
James Joseph "Jim" Florio is a Democratic politician who served as the 49th Governor of New Jersey from 1990 to 1994, the first Italian American to hold the position...
. After her election, Whitman proposed these tax cuts and they were enacted into law. Forbes made an issue of his role in these New Jersey tax cuts in his subsequent campaigns for the presidency.
Campaigns for President and major issues
Forbes entered the Republican primaries for President of the United StatesPresident of the United States
The President of the United States of America is the head of state and head of government of the United States. The president leads the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces....
in 1996 and 2000, primarily running on a campaign to establish a flat income tax
Flat tax
A flat tax is a tax system with a constant marginal tax rate. Typically the term flat tax is applied in the context of an individual or corporate income that will be taxed at one marginal rate...
. He also supported the ideas of re-introducing 4 1/2% mortgages and term limits in 1996, but dropped both in 2000 (as they were minor planks in his overall platform).
When Forbes ran for president in 1996
United States presidential election, 1996
The United States presidential election of 1996 was a contest between the Democratic national ticket of President Bill Clinton of Arkansas and Vice President Al Gore of Tennessee and the Republican national ticket of former Senator Bob Dole of Kansas for President and former Housing Secretary Jack...
and 2000
United States presidential election, 2000
The United States presidential election of 2000 was a contest between Republican candidate George W. Bush, then-governor of Texas and son of former president George H. W. Bush , and Democratic candidate Al Gore, then-Vice President....
, he sold some of his Forbes Inc. voting shares to other family members to help finance his run. He did not come close to securing the Republican
Republican Party (United States)
The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...
nomination, despite winning the Arizona and Delaware Primaries in 1996 and getting some significant shares of the vote in other primaries. His stiff campaigning style was a major factor; Time Magazine called his stumping a "comedy-club impression of what would happen if some mad scientist decided to construct a dork robot." After dropping out early in the 2000 primary season, he returned to heading the magazine and company. During the 1996 campaign, insiders at Fortune alleged that stories about Forbes' advertisers became favorably biased toward them.
Major issues Forbes has supported include free trade
Free trade
Under a free trade policy, prices emerge from supply and demand, and are the sole determinant of resource allocation. 'Free' trade differs from other forms of trade policy where the allocation of goods and services among trading countries are determined by price strategies that may differ from...
, health savings account
Health savings account
A health savings account is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan . The funds contributed to an account are not subject to federal income tax at the time of deposit. Unlike a flexible spending account...
s, and allowing people to opt out 75% of Social Security
Social Security (United States)
In the United States, Social Security refers to the federal Old-Age, Survivors, and Disability Insurance program.The original Social Security Act and the current version of the Act, as amended encompass several social welfare and social insurance programs...
payroll tax
Payroll tax
Payroll tax generally refers to two different kinds of similar taxes. The first kind is a tax that employers are required to withhold from employees' wages, also known as withholding tax, pay-as-you-earn tax , or pay-as-you-go tax...
es into Personal Retirement Accounts (PRAs). He supports traditional Republican Party
Republican Party (United States)
The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...
policies such as downsizing government agencies to balance the budget, tough crime laws and support for the death penalty, and school vouchers, opposition to gun control
Gun control
Gun control is any law, policy, practice, or proposal designed to restrict or limit the possession, production, importation, shipment, sale, and/or use of guns or other firearms by private citizens...
and most government regulation of the environment, as well as drug legalization and same-sex marriage
Same-sex marriage
Same-sex marriage is marriage between two persons of the same biological sex or social gender. Supporters of legal recognition for same-sex marriage typically refer to such recognition as marriage equality....
. This last was despite his father's increasingly flamboyant gay lifestyle before his death. In terms of foreign policy
Foreign policy
A country's foreign policy, also called the foreign relations policy, consists of self-interest strategies chosen by the state to safeguard its national interests and to achieve its goals within international relations milieu. The approaches are strategically employed to interact with other countries...
, he called for a "US not UN foreign policy" (which is composed of anti-International Monetary Fund
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...
sentiments, pro-Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
i sentiment, opposition to Most Favored Nation status for the People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
, and anti-UN sentiment.)
His flat tax plan has changed slightly. In 1996 he supported a flat tax of 17% on all personal and corporate earned income (unearned income such as capital gains, pension
Pension
In general, a pension is an arrangement to provide people with an income when they are no longer earning a regular income from employment. Pensions should not be confused with severance pay; the former is paid in regular installments, while the latter is paid in one lump sum.The terms retirement...
s, inheritance
Inheritance
Inheritance is the practice of passing on property, titles, debts, rights and obligations upon the death of an individual. It has long played an important role in human societies...
, and savings would be exempt.) However, he supported keeping the first $33,000 of income exempt. In 2000 he maintained the same plan, but instead of each person receiving an exemption of $33,000, it more closely resembled the Armey Plan (Forbes's version called for a $13,000 per adult and $5,000 per dependent deduction). Forbes himself is very wealthy, with a net worth
Net worth
In business, net worth is the total assets minus total outside liabilities of an individual or a company. For a company, this is called shareholders' preference and may be referred to as book value. Net worth is stated as at a particular year in time...
in 1996 of $430 million. Although Forbes publishes the list of the 400 wealthiest men and women in the U.S., Forbes conspicuously exempts himself from such disclosure. In response to this criticism, Forbes promised in his 2000 campaign to exempt himself from the benefits of the flat tax, although he did support the repeal of the 16th Amendment
Sixteenth Amendment to the United States Constitution
The Sixteenth Amendment to the United States Constitution allows the Congress to levy an income tax without apportioning it among the states or basing it on Census results...
in a debate with Alan Keyes
Alan Keyes
Alan Lee Keyes is an American conservative political activist, author, former diplomat, and perennial candidate for public office. A doctoral graduate of Harvard University, Keyes began his diplomatic career in the U.S...
the previous year.
In his 2000 campaign, Forbes professed his support for social conservatism
Social conservatism
Social Conservatism is primarily a political, and usually morally influenced, ideology that focuses on the preservation of what are seen as traditional values. Social conservatism is a form of authoritarianism often associated with the position that the federal government should have a greater role...
along with his supply-side economics
Supply-side economics
Supply-side economics is a school of macroeconomic thought that argues that economic growth can be most effectively created by lowering barriers for people to produce goods and services, such as lowering income tax and capital gains tax rates, and by allowing greater flexibility by reducing...
. Despite holding opposite positions in 1996, for the 2000 campaign, Forbes announced he was adamantly opposed to abortion
Abortion
Abortion is defined as the termination of pregnancy by the removal or expulsion from the uterus of a fetus or embryo prior to viability. An abortion can occur spontaneously, in which case it is usually called a miscarriage, or it can be purposely induced...
and supported prayer
School prayer
School prayer in its common usage refers to state-approved prayer by students in state schools. Depending on the country and the type of school, organized prayer may be required, permitted, or prohibited...
in public schools. The previous year Forbes had issued a statement saying he would no longer donate money to Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
due to its hiring of philosopher Peter Singer
Peter Singer
Peter Albert David Singer is an Australian philosopher who is the Ira W. DeCamp Professor of Bioethics at Princeton University and Laureate Professor at the Centre for Applied Philosophy and Public Ethics at the University of Melbourne...
, who views personhood as being limited to 'sentient' beings and therefore considers some disabled people and all infants to lack this status. Steve Forbes was one of the signers of the Statement of Principles of Project for the New American Century
Project for the New American Century
The Project for the New American Century was an American think tank based in Washington, D.C. that lasted from 1997 to 2006. It was co-founded as a non-profit educational organization by neoconservatives William Kristol and Robert Kagan...
(PNAC) on June 3, 1997.
Other political activities
In December 2006, Forbes joined the board of directors of the advocacy organization FreedomWorksFreedomWorks
FreedomWorks is a conservative non-profit organization based in Washington D.C., United States. FreedomWorks trains volunteers, assists in campaigns, and encourages them to mobilize, interacting with both fellow citizens and their political representatives....
. He is also a member of the board of trustees of the Heritage Foundation
Heritage Foundation
The Heritage Foundation is a conservative American think tank based in Washington, D.C. Heritage's stated mission is to "formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong...
, an influential Washington, D.C.
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....
-based public policy research institute. He is a frequent panelist on the television
Television
Television is a telecommunication medium for transmitting and receiving moving images that can be monochrome or colored, with accompanying sound...
program Forbes on Fox
Forbes on Fox
Forbes on Fox is an American business analysis program, the third show of the Cost of Freedom business block, on Saturdays at 11:00 a.m. ET on the Fox News Channel...
, which also features members of the Forbes magazine staff, and is shown Saturday mornings on Fox News Channel
Fox News Channel
Fox News Channel , often called Fox News, is a cable and satellite television news channel owned by the Fox Entertainment Group, a subsidiary of News Corporation...
at 11:00 am EST
North American Eastern Time Zone
The Eastern Time Zone of the United States and Canada is a time zone that falls mostly along the east coast of North America. Its UTC time offset is −5 hrs during standard time and −4 hrs during daylight saving time...
.
On March 28, 2007, Forbes joined Rudolph Giuliani's campaign for the 2008 presidential election
United States presidential election, 2008
The United States presidential election of 2008 was the 56th quadrennial presidential election. It was held on November 4, 2008. Democrat Barack Obama, then the junior United States Senator from Illinois, defeated Republican John McCain, the senior U.S. Senator from Arizona. Obama received 365...
, serving as a National Co-Chair and Senior Policy Advisor. Later in the 2008 presidential campaign, Forbes served as John McCain
John McCain
John Sidney McCain III is the senior United States Senator from Arizona. He was the Republican nominee for president in the 2008 United States election....
's Economic Adviser on Taxes, Energy and the Budget during McCain's bid for the 2008 Presidential election.
In December 2009, Forbes, in a nationwide mailer for the National Right To Work
Right to work
The right to work is the concept that people have a human right to work, or engage in productive employment, and may not be prevented from doing so...
Committee, opposed union membership for police officers and firefighters, terming their representatives, "union czars," and requested that mailer recipients contact their congressional representatives with regard to HR 413.
In 2010 Forbes endorsed Peter Schiff
Peter Schiff
Peter David Schiff is an American investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut and CEO of Euro Pacific Precious Metals, LLC, a gold and silver dealer based in New York...
.
In 2011, Forbes has endorsed Texas Governor Rick Perry for President in 2012.
Political endorsements for 2010
On January 7, 2010 Forbes announced his endorsement of Dr. Rand PaulRand Paul
Randal Howard "Rand" Paul is the junior United States Senator for Kentucky. He is a member of the Republican Party. A member of the Tea Party movement, he describes himself as a "constitutional conservative" and a libertarian...
, Republican candidate for the U.S. Senate in the Commonwealth of Kentucky
Kentucky
The Commonwealth of Kentucky is a state located in the East Central United States of America. As classified by the United States Census Bureau, Kentucky is a Southern state, more specifically in the East South Central region. Kentucky is one of four U.S. states constituted as a commonwealth...
.
On January 28, 2010 he formally endorsed Marco Rubio
Marco Rubio
Marco Antonio Rubio is the junior United States Senator from Florida . A member of the Republican Party, he previously served as Speaker of the Florida House of Representatives ....
, Republican candidate for the U.S. Senate in the State of Florida
Florida
Florida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it...
.
He endorsed incumbent U.S. Senator John McCain
John McCain
John Sidney McCain III is the senior United States Senator from Arizona. He was the Republican nominee for president in the 2008 United States election....
, Republican of the State of Arizona
Arizona
Arizona ; is a state located in the southwestern region of the United States. It is also part of the western United States and the mountain west. The capital and largest city is Phoenix...
for re-election in 2010.
On July 28, 2010, he formally endorsed Peter Schiff
Peter Schiff
Peter David Schiff is an American investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut and CEO of Euro Pacific Precious Metals, LLC, a gold and silver dealer based in New York...
, Republican candidate for the U.S. Senate in the State of Connecticut
Connecticut
Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...
.
On August 13, 2010, he announced his endorsement of Jim Huffman
Jim Huffman
James L. "Jim" Huffman is a professor of law and the former dean of Lewis & Clark Law School in Portland, Oregon. He was the Republican nominee in the 2010 U.S. Senate election in Oregon, facing incumbent Ron Wyden.-Early life:...
, Republican candidate for the U.S. Senate in the State of Oregon
Oregon
Oregon is a state in the Pacific Northwest region of the United States. It is located on the Pacific coast, with Washington to the north, California to the south, Nevada on the southeast and Idaho to the east. The Columbia and Snake rivers delineate much of Oregon's northern and eastern...
.
On August 26, 2010, Forbes formally endorsed Dr. Mariannette Miller-Meeks, Republican candidate for the U.S. House of Representatives in the 2nd Congressional District of Iowa
Iowa
Iowa is a state located in the Midwestern United States, an area often referred to as the "American Heartland". It derives its name from the Ioway people, one of the many American Indian tribes that occupied the state at the time of European exploration. Iowa was a part of the French colony of New...
On September 2, 2010, Forbes formally endorsed State Representative Justin Amash
Justin Amash
Justin Amash, , is an American attorney, politician, and member of Congress. He has been the U.S. Representative for which encompasses the Grand Rapids area, since 2011....
, Republican candidate for the U.S. House of Representatives in Michigan's 3rd congressional district
Michigan's 3rd congressional district
Michigan's 3rd congressional district is a United States Congressional district in Western Michigan. It consists of the counties of Barry, Ionia, and all except the northwest portion of Kent. The district is currently represented by Republican Justin Amash, the second youngest member of the house...
.
On October 12, 2010, Forbes formally endorsed Bill Hudak, Republican candidate for the U.S. House of Representatives in Massachusetts's 6th congressional district
Massachusetts's 6th congressional district
Massachusetts's 6th congressional district is in northeastern Massachusetts. It contains most of Essex County, including the North Shore and Cape Ann. It is currently represented by John F...
.
Political donations
Forbes was listed by Campaignmoney.com as the tenth most important contributor of political funds in the United States, for donations from 1999 to 2006, with 15 donations totaling over $7 million. The bulk of these monies was directed towards his own presidential campaign in 2000.External links
- Steve Forbes at ForbesForbesForbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
- Steve Forbes for President 1996 Campaign Brochure
- Forbes throws weight behind Giuliani
- RightWeb profile of Steve Forbes
- SourceWatch profile of Steve Forbes
- Profile: Steve Forbes, Center for Cooperative Research.
- "Capitalist Tool II: Defending Dynamism", interview with ReasonReason (magazine)Reason is a libertarian monthly magazine published by the Reason Foundation. The magazine has a circulation of around 60,000 and was named one of the 50 best magazines in 2003 and 2004 by the Chicago Tribune.- History :...
by Virginia PostrelVirginia PostrelVirginia I. Postrel is an American political and cultural writer of broadly libertarian, or classical liberal, views. She is best known for her two non-fiction books, The Future and Its Enemies and The Substance of Style...
and Charles Oliver - "Confront Iran to bring oil prices down" April 2006 from $70+ to $15 per barrel
- Kurt Schemers of Traders Nation Interview of Steve Forbes
- An Interview with Steve Forbes at Free Market Mojo