Steve Forbes

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Steve Forbes
Forbes in 2016
Born
Malcolm Stevenson Forbes Jr.

(1947-07-18) July 18, 1947 (age 76)
EducationPrinceton University (AB)
Political partyRepublican
Spouse
Sabina Beekman
(m. 1971)
Children5, including Moira
Parent
RelativesB. C. Forbes (grandfather)
FamilyForbes
Signature


Malcolm Stevenson Forbes Jr. (

2000 Republican presidential primaries
.

Early life and education

Forbes was born in

, in 1966.

Forbes graduated with an A.B. in history from Princeton University in 1970 after completing a 75-page long senior thesis titled "Contest for the 1892 Democratic Presidential Nomination."[6][7] 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.[8] Forbes is a member of Alpha Kappa Psi and Tau Kappa Epsilon.[9] He holds honorary degrees from several universities, including New York Institute of Technology and Lehigh University.[10]

Political career and views

Early political career

In 1985, President Ronald Reagan appointed Forbes as head of the Board of International Broadcasting (BIB), which historically managed the operation of Radio Free Europe/Radio Liberty. Reagan's successor, George H. W. Bush reappointed Forbes to the position. Forbes would continue to serve as the BIB's leader until 1993, following the inauguration of Bill Clinton.[11]

Following his career as the BIB's head, Forbes went on to get involved in various

advocacy groups. From 1993 to 1996, Forbes was the chairman of the Board of Directors of "Empower America", which later merged with the advocacy group FreedomWorks.[11] Through "Empower America", Forbes became associates with prominent conservative politician Jack Kemp, who would go on to endorse Forbes during the 1996 Republican Party presidential primaries.[12] From 1996 to 1999, Forbes also served as honorary chairman of the advocacy group "Americans for Hope, Growth and Opportunity", described as "a grassroots, issues-advocacy organization founded to advance pro-growth, pro-freedom and pro-family issues."[11]

Forbes helped craft

Campaigns for president

Logo from 1996 campaign

Forbes entered the

term limits in 1996; however, he dropped both in 2000, as they were minor planks in his overall platform.[citation needed
]

When Forbes ran for president in

The Chicago Tribune wrote of Forbes on the campaign trail, "[Forbes] resembles the classic milquetoast, with a prissy smile, gold-rimmed glasses that make his eyes look smaller, and a stiff way of presenting himself when he works a crowd. He has a cornball style and uses preppie slang like 'get real' and 'el zippo' (meaning zero) in speeches."[20] Forbes and his campaign staff were known for travelling between campaign stops via their "big silver bus."[21][22] For his 2000 presidential campaign, he raised $86,000,000 in campaign contributions, of which $37,000,000 was self-donated.[23]

Logo from 2000 campaign

After dropping out early in the 2000 primary season, Forbes returned to heading the magazine and company. During the 1996 campaign, insiders at Fortune alleged that stories about Forbes's advertisers became favorably biased toward them.[24]

Major issues Forbes has supported include

People's Republic of China
, and anti-UN sentiment.)

Forbes's flat-tax plan has changed slightly. In 1996, Forbes supported a flat tax of 17% on all personal and corporate earned income (

savings would be exempt). However, Forbes supported keeping the first $33,000 of income exempt. In 2000, Forbes maintained the same plan; however, 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 is very wealthy, with a net worth in 1996 of $430 million.[3] 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

public schools. The previous year Forbes had issued a statement saying he would no longer donate money to Princeton University because of 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.

Other political activities

In 1996, Forbes campaigned on behalf of Ron Paul in the congressional election for Texas's 14th congressional district.[27]

Actor

blue collar worker, a personality which clashes with Forbes's nerdy, intellectual demeanor and appearance.[30] The episode also featured a skit where the real Forbes interviewed his SNL counterpart, played by McKinney.[31]

In December 2006, Forbes joined the Board of Directors of the advocacy organization

EST
.

On March 28, 2007, Forbes joined

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.[33]

In March 2013, Forbes participated in an NPR broadcast Intelligence Squared debate with James Grant, Frederic Mishkin and John R. Taylor Jr. concerning the motion "Does America Need A Strong Dollar Policy?".[34]

Personal life

In 1971, he married Sabina Beekman. They have five daughters, including Moira Forbes.[35] Forbes appeared alongside his family on Larry King Live during his 1996 presidential campaign.[36] Forbes has been a resident of Bedminster, New Jersey.[37]

Forbes rides Amtrak trains and was a passenger on board the 2016 Chester, Pennsylvania, train derailment.[38][39]

Bibliography

References

  1. ^ "Famous birthdays for July 18: Vin Diesel, Kristen Bell". United Press International. July 18, 2019. Archived from the original on July 19, 2019. Retrieved August 7, 2019. Publisher Steve Forbes in 1947 (age 72)
  2. ^ "Forbes School of Business & Technology Board of Advisors | Ashford University". www.ashford.edu. Archived from the original on March 1, 2019. Retrieved May 12, 2019.
  3. ^ a b Mitt Romney to report financial assets of at least $190 million Archived May 14, 2007, at the Wayback Machine Fox News
  4. ^ "Milestones: Nov. 4, 1985". Time. April 18, 2005. Archived from the original on October 15, 2007. Retrieved May 24, 2010.
  5. ^ "Ancestry of Steve Forbes (b. 1947)". Retrieved October 16, 2015.
  6. ^ Forbes, Jr (1970). "Contest for the 1892 Democratic Presidential Nomination". {{cite journal}}: Cite journal requires |journal= (help)
  7. ^ Bumiller, Elisabeth. "Politics: On The Trail; In Political Quest, Forbes Runs in Shadow of Father", The New York Times, February 11, 1996. Accessed December 11, 2007. "Christine Todd, Mr. Forbes's childhood friend from the Far Hills Country Day school, would grow up to become Governor Whitman... His son went off to the Brooks School in North Andover, Mass., then on to Princeton, Malcolm Forbes's alma mater."
  8. ^ "Lyceum Series – March 20, 2007: Steve Forbes". ULM University of Louisiana at Monroe. Retrieved October 16, 2015.
  9. ^ "Tau Kappa Epsilon Fraternity :: News". Retrieved October 16, 2015.
  10. .
  11. ^ a b c "Steve Forbes". Forbes. June 6, 2002. Retrieved April 7, 2021.
  12. ^ "Jack Kemp endorses Forbes". Tampa Bay Times. May 7, 1996. Retrieved April 7, 2021.
  13. ^ "Crossfire". CNN. Archived from the original on March 3, 2016. Retrieved May 24, 2010.
  14. ^ "Welfare states – benefits of tax cuts". National Review. Archived from the original on April 16, 2006.
  15. ^ "Nowhere Girl". National Review. Archived from the original on October 16, 2007.
  16. ^ Kocieniewski, David (November 9, 1999). "Whitman and Forbes, Separated Now by Political Ideology". The New York Times. Retrieved April 7, 2021.
  17. ^ Pinkerton, James (February 9, 1996). "Win or Lose, Forbes Should Be True to Himself : *GOP: Dissembling to woo the right dilutes his limited government message–and won't work". The Los Angeles Times. Retrieved April 7, 2021.
  18. ^ "Steve Forbes on Tax Reform". www.ontheissues.org. Retrieved March 9, 2023.
  19. ^ a b CALVIN TRILLIN Monday, February 26, 1996 (February 26, 1996). "Primary Fixation". TIME. Archived from the original on August 26, 2010. Retrieved March 21, 2011.{{cite news}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
  20. ^ Lyon, Jeff (January 26, 1996). "UNLIKELY POPULIST". The Chicago Tribune. Retrieved April 8, 2021.
  21. ^ Apple, R.W. (February 12, 1996). "POLITICS: STEVE FORBES;Candidate of the Flat Tax Is a Bit of a Flat Campaigner". The New York Times. The New York Times. Retrieved April 8, 2021.
  22. ^ Apple, R.W. (February 26, 1996). "POLITICS: STEVE FORBES; Delaware Backs Him Because He Was There". The New York Times. The New York Times. Retrieved April 8, 2021.
  23. ^ "Steve Forbes – $86,012,139 raised, '00 election cycle, Republican Party, President". Retrieved October 16, 2015.
  24. ^ POLITICS: ON THE TRAIL;In Political Quest, Forbes Runs in Shadow of Father
  25. ^ Steve Forbes:On The Issues OnTheIssues.com
  26. ^ Bumiller, Elisabeth. "In Political Quest, Forbes Runs in Shadow of Father", The New York Times, February 11, 1996. Accessed December 14, 2009.
  27. ^ Caldwell, Christopher (July 22, 2007). "The Antiwar, Anti-Abortion, Anti-Drug-Enforcement-Administration, Anti-Medicare Candidacy of Dr. Ron Paul". The New York Times. Retrieved September 3, 2009.
  28. ^ Archived at Ghostarchive and the Wayback Machine: "Forbes America – Saturday Night Live". YouTube.
  29. ^ Archived at Ghostarchive and the Wayback Machine: Night Live (October 2, 2013). "Steve Forbes Monologue – Saturday Night Live". Retrieved April 7, 2021.
  30. ^ Archived at Ghostarchive and the Wayback Machine: "Roofers Slack Off on the Job – Saturday Night Live". YouTube.
  31. ^ Roy King, Don (October 8, 2018). "SNL Transcripts: Steve Forbes: 04/13/96: Forbes On Forbes". SNL Transcripts Tonight. Retrieved April 8, 2021.
  32. ^ "Board of Trustees". The Heritage Foundation. Archived from the original on March 4, 2010. Retrieved October 16, 2015.
  33. ^ Goldsmith, Brian Steve Forbes: McCain Isn't Bush, CBS News.com. July 11, 2008.
  34. ^ NPR Staff (March 18, 2013). "Does America Need A Strong Dollar Policy?". NPR.
  35. ^ "Eugene Register-Guard". Retrieved October 16, 2015.
  36. ^ Blumenfeld, Laura (February 19, 1996). "THE RELUCTANT DEBUTANTE". The New York Times. Retrieved April 7, 2021.
  37. ^ Hilzenrath, David S. "No Blank Checks for Forbes", The Washington Post, August 17, 1999. Accessed October 7, 2018. "To match Bush's record $37 million haul, Forbes could have no choice but to sell part of the family business, liquidate real estate in his home town of Bedminster, N.J., or go heavily into debt."
  38. ^ Wisner, Matthew (April 4, 2016). "Steve Forbes Gives First Hand Account of Deadly Amtrak Derailment". FOXBusiness. Retrieved October 1, 2023.
  39. ^ "Steve Forbes on Amtrak Derailment | C-SPAN.org". www.c-span.org. Retrieved October 1, 2023.

External links