Skip to comments.Tom Brokaw Bought a Dude Ranch with Clinton Admin's Robert Rubin
Posted on 06/23/2005 10:40:12 AM PDT by fight_truth_decay
Last year Tom Brokaw bought a Montana "dude ranch" with several others, including Clinton administration Treasury Secretary Robert Rubin, actor Michael Keaton, one of the other partners, revealed on Wednesday's Late Show with David Letterman. The February issue of Sunset magazine reported the purchase and how the buyers turned the ranch into a private fishing camp, but didn't mention Rubin's involvement: "Last spring...an out-of-state partnership including former anchorman Tom Brokaw and actor Michael Keaton purchased a 640-acre ranch for a reported $8 million, creating a private hunting and fishing preserve."
Back on the May 12, 1999 NBC Nightly News, the day Rubin resigned from his Treasury post, Tom Brokaw praised Rubin, telling viewers he "is going back to private life after quietly and very skillfully positioning the government to help fuel these extraordinarily good times."
On Wednesday's Late Show, Michael Keaton, a star of the new movie for kids, Herbie: Fully Loaded, brought up fishing and that prompted David Letterman to ask: "Recently, I've heard from Tom Brokaw, that you and Tom purchased a fishing camp."
Michael Keaton: "Yeah."
Letterman: "Now, what is that? Is that on the up and up?"
Keaton: "Yeah, yeah. It's a friend of our's, Skip Herman, and Tom and Robert Rubin, actually, who was in the Clinton administration, Secretary of the Treasury. And, of course, you know, we were smart enough to, like, make him, like, you know, like, groundskeeper, instead of taking care of the money. Hey, Robert, you mow the lawn or something. Shouldn't I take care of the money? No, Tom will do that, don't worry about it!"
Letterman: "What goes on there? What happens there?"
Keaton: "Oh, I could never tell you about that."
Letterman: "I mean, you guys get together, like once a week-"
Keaton: "No, no, what we did, it was more to preserve it than anything. It was an old dude ranch that had been in the family -- it's right up the valley from me -- and, you know, the guy would let us fish there after the dudes had gone, you know -- I know-" (cut off by audience laughter)
Letterman: "After the dudes had gone."
Keaton: "So we bought it, just really to save it. It's a really pristine section of the river, and a beautiful section. We just all went together to buy it. It's really beautiful."
Letterman: "And you're not running around snapping each other with towels."
Keaton: "Well, yeah, I mean, that happens. (Audience laughter) Yeah, yeah, we have a sign, like an old rickety sign that says, 'no girls!'" (laughter)
(The MRC's Brian Boyd corrected the closed-captioning against the video of the June 22 Late Show.)
To see where this ranch is located and if anyone had reported this Brokaw-Rubin venture, I performed some Nexis searches and came up with only one article, in Sunset magazine, which reported the 2004 transaction for the ranch in the area of Big Timber, Montana. (Letterman also owns property in Montana.) The article cited Brokaw and Keaton, but not Rubin.
An excerpt from the story in the February edition of Sunset magazine, "Home on the range: Meet Montana ranching families want to raise healthier beef for you -- and save their way of life," by Jeff Phillips:
The town of Big Timber, once the region's largest wool producer, today has only 1,700 residents, but Montana State University Extension agent Marc King, who works with both farmers and government agencies in Sweet Grass County, says the face of that population is starting to change. "Most every ranch in this county has been in the family for at least three or four generations," explains King, "but as those families are forced to sell, new owners are taking the land out of production."
Last spring, for example, an out-of-state partnership including former anchorman Tom Brokaw and actor Michael Keaton purchased a 640-acre ranch for a reported $8 million, creating a private hunting and fishing preserve. Members of that partnership now own at least 12,000 acres of ranchland in the heart of the region.
END of Excerpt
The article is posted online, but you'll need to be an AOL member or pay to read it: www.sunset.com
In a later letter to the magazine, Brokaw corrected the price to $7 million.
Mel Gibson has a ranch a little farther east, near Columbus. Kiefer Sutherland, Emilio Estevez, Joe Montana, Christopher Lloyd, Huey Lewis, and Andie McDowall all have homes in western Montana.
Keep them in Montana.
I would like at least 100 acres up there, but faraway from these people.
If I am not mistaken, Brokaw has had been in a war with some of his neighbors already.
Hell no, send them back to the People's Republik of Kalifornia. All they do is drive up the cost of living there so that the natives can't get by!
I think that for "the common good" the states should seize these wonderful pieces of property so that all of us could enjoy their pristine beauty in a state park. What right do these rich liberals have to this land when all of us could be using it?
Rubin's % of the divvyed up $8 million would barely be a rounding error to him. Odd that he'd bother.
Yeah, back to Kalifornia would be a best case scenario, because I really like Montana. I'm just saying that I don't want them here. Ted Turner and a few other celeb types bought a lot of land here in the 90's after the Dances With Wolves movie, driving up the cost of doing business for native ranchers. Turner had some money issues after AOL/Time-Warner started tanking, and sold most of it back off.
Actually, the majority of these people are either from New York or New Yorkers by acculturation. Calif. was RUINED by New Yorkers (and immigrant socialist Texans). Barbara Boxer, Gray Davis and Jack Scott, to name but a contemporary familiar few. California is just a stepping stone to the "North Western Territories" for the wealthy liberal Eastern elite. Montana, Wyoming, the Dakota's, IDAHO are now in their crosshairs. Yes I wrote Idaho. It is now on the list of retiring New York yuppies. Have a nice day.
I think after today's USSC decison, the public would benefit a lot more from that land if governmment took it and sold it to someone else to build a wind farm.
And we used to say, the wind ALWAYS blows in Montana (because North Dakota sucks)
ok, back to the big fish Ted Turner. Beside his US $1 billion commitment to the UN, he is the largest private land owner with more than 2 million acres of lands:
It must be nice to be filthy rich.
Excellent idea, silverleaf! The same wind generating enterprise that will take the Kennedy and Kerry properties in MA to provide vital alternative energy may want to acquire the Brokaw/Rubin land by eminent domaine as well. The liberals will have realized their fondest wish that all property be designated for "the common good." I'm sure they'd be happy to comply with today's Supreme Court ruling.
I would bet that they are getting some type of tax break, or government funding for listing this property as a farm or maybe a land trust, or green space. There have been more than a few govenment types, who are giving back to themselves by owning "farms".
Yeah, the clown thinks he's a part of "The Greatest Generation." He's actually part of the Clinton generation.
Why does this bring up wierd images?
A menage a trois?
LOL, I wonder if it was the dude ranch featured in "Nude Dude at the BarNothing Ranch"? For the switch hitters.
Ted Turner runs a pretty sizeable herd of Bison on his southern New Mexico "Ladder Ranch".
It's one of his "Turner Endangered Species Fund Program" properties.
As a reward, the federal government gives him sizeable tax exemptions.
I'm sure I've read that Tom Brokaw recently went to court and shut down, at least parts of, a private hunting preserve adjacent to his ranch out west.
Now we find out he owns a private hunting and fishing preserve. With liberals it's always " Yes for me, but not for thee".
No, they all come from somewhere else. New York mostly, but also the proverbial town in the Mid West. A few "Hollywood types" are native to CA, darn few. And the majority of them are the kids of transplants from the East. The rest are from other parts of the country.
Ted Turner is not from CA, neither is Brokaw, Gibson, Rubin, Redford, the list goes on and on. California was a nice Western state until the East moved West.
They may be from somewhere else, however the elitist hollywood culture that they embraced is obvious.
Guess they've cashed in on their ill gotten gains.
All the people who lost their life savings thanks to Rubin's chicanery as Secretary of the Treasury.
I never could watch Brokaw. I always thought he was a phony.
I have cancelled my newspaper subscriptions too.
Before I got a computer I relied on the weekly issue of Washington Times.
You did good.
Reminds me of a South Park episode:
Robert Redford: This is perfect. Why didn't we think of it sooner? This town still has some charm left, not the mess we turned Park City into.
Phyllis: Forgive me for being observant, but, won't we just end up doing the same thing to this town?
Robert Redford: Yes. And the town after, and the town after that. Like termites, we will move this film festival from town to town until we have used it up. And then move on, until every quiet mountain town is like Los Angeles.
Phyllis: Why? Why would we do such a thing?
Robert Redford: Because we have to live in L.A. And if we can't live in quiet, simple, peaceful mountain towns, then nobody will! [Laughs maniacally] Waitwaitwait. Zoom in to a close-up of my face when I do that. Ready? Then NOBODY will!
Developers reap benefits at expense of governments
By Allen G. Breed and Martha Mendoza ASSOCIATED PRESS April 4, 2004
Millions of dollars in property tax breaks intended to preserve farmland are going instead to companies that bulldoze farms to build housing subdivisions, malls and industrial parks, an Associated Press investigation has found......
In most states, the tax breaks date to the 1950s and '60s, when lawmakers became alarmed at the rate at which farmland was disappearing under concrete and asphalt.
But loopholes in the laws are producing unintended, though perfectly legal, consequences.
Here's what's happening: A developer buys land with the intention of building on it. During the years when he readies the property for construction preparing architectural plans, acquiring financing and permits, even building roads and laying water pipe he runs some cows or cuts some hay. Then he claims the tax break. Because of the loopholes, often even a pretense of farming can be enough to qualify.
Usually, the tax break ends only after construction of buildings begins; sometimes, it doesn't even stop then.
In California, which has more stringent requirements for its land preservation laws than most other states, pop star Michael Jackson saved more than $1 million in property taxes on his Neverland Ranch by claiming the land conservation tax break.
Every state offers some type of tax incentive to protect land from development.
Land Trusts, Members of Congress, Big Industry Testify Exclusively
Congress Holds Stacked Hearing on Conservation Tax Credits Big Capital Gains Tax Break would Shift Private Land and Conservation Easements to Land Trusts and Government
By Carol W. LaGrasse There was no chance to be heard. The House Ways and Means Committee's Select Revenue Measures Committee held an advocates-only oversight hearing on April 29 to "scrutinize" the Bush Administration's proposal to "encourage conservation" by granting a fifty percent reduction in the capitol gains tax if a landowner sells land or conservation easements to the government or a non-profit land trust.........
Well I think the land should be used for a public housing project, a homeless shelter and a drug rehabilition center. The fresh air would be good for these poor people.
How could that be? The American people once believe every lie that Tom Brokaw told them in his popular SD accent.
And the leftist media elites just loved Rubin too.
is this the same Tom Brokaw who used to host a US TeeVee show back 20th century? I thought he was dead.
You would not want to be Ted Turner.
He's is miserable.
OK, I read it your post #13 and it read:
"..Hollywood types are Kalifornians,.."
These "Hollywood types" come from New York City and congregate around movie town. California was a Live and Let Live state until these freaks came from back East and ruined it. The Hollywood culture, as you call it, they brought with them from New York.
How many of the Hollywood types that are buying up the grand ranches in Montana, Wyoming and the Dakota's are native Californians?
Hollywood culture has more to do with New York City culture, even though Hollywood is geographically located in California, than it does with original California Western culture. Hollywood is merely NYC with better weather. Your presumption that California and Hollywood are equivalent is the same as my assuming that you're an "Abo" just because you're an "Aussie".
Birds of a feather.....
Sorry mate.. somehow I couldn't agree with that statement.. I have worked both in NYC and LA. Your observation is off the mark.
But then yours is not spot on as well, We're all entitled to our opinions based upon our perceptions, real or imagined. If all California is like Hollywood to you, well then, keep that thought. You're welcome to it.