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Article #6144Those Bush family values, again!
From: Monte
Date: Sat, 14 Sep 2002 19:53
Date: Sat, 14 Sep 2002 19:53
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4646 bytes
on Sat, 14 Sep 2002 14:28:51 GMT, "jtoast" <jtoast@earthlink.net> wrote:"Monte" <montep@email.com> wrote in message news:3d85701e.179961641@news.ev1.net... > Gotta love that Bush family! They have 'Merican values!. Yessir ree > bob, the little theif Neill comes out of the toolshed, where he has > been forcefully kept hidden by Ma Bush and Rove since 1999 campaign, > and whats his first move? File for divorce on 9/11. That boy is a > family jewel no doubts about it. > Yep - No doubt about ... 1) Bush paid a $50,000 fine and was banned from banking activities 2) settled in 1991 for $26.5 million fine 3) punishment for the actual taxpayer loss of $1.3 billion 4) Bush has already raised $7.1 million from 53 investors underwriting Ignite! Inc., an educational software company And we were all convinced and swayed by the interest in children by the Bush family when the theme became "leave no child behind." Planning a government spending program on "educational software" no doubt..! Only in America - pay a combined total of fines that doesn't even put a dent in the amount stolen. And he is still able to find 53 persons wealthy enough to give him $7.1 dollars believing it to be an "investment." The Hell of it is - these investors will probably find this another "good investment"... http://www.austinchronicle.com/issues/dispatch/2001-03-6/pols_feature3.html In 1990, Bush paid a $50,000 fine and was banned from banking activities for his role in taking down Silverado, which actually cost taxpayers $1.3 billion. A Resolution Trust Corporation Suit against Bush and other officers of Silverado was settled in 1991 for $26.5 million. And the fine wasn't exactly paid by Neil Bush. A Republican fundraiser set up a fund to help defer costs Neil incurred in his S&L dealings. Friends and relatives contributed -- but not then-President and Barbara Bush, which would have been unseemly. Since then, the Bush political combine has done such a remarkable job keeping Neil in the background that what seemed like a 10-year news blackout didn't end until mid-February, when the Austin Business Journal reported that Bush "quietly is heading a local start-up that's raising at least $10 million in second-round funding." According to the business newsweekly, Bush has already raised $7.1 million from 53 investors underwriting Ignite! Inc., an educational software company. After being banned from banking and all but airbrushed out of the family portrait -- or at least the family news profile -- Neil Bush is back. Bush wasn't just an average S&L exec drawing a big salary and recklessly pushing a federally insured institution beyond its lending limits. As a director of a failing thrift in Denver, Bush voted to approve $100 million in what were ultimately bad loans to two of his business partners. And in voting for the loans, he failed to inform fellow board members at Silverado Savings & Loan that the loan applicants were his business partners. Federal banking regulators later followed the trail of defaulted loans to Neil Bush oil ventures, in particular JNB International, an oil and gas exploration company awarded drilling concessions in Argentina -- despite its complete lack of experience in international oil and gas drilling. It probably helped that the Bush family had cultivated close ties with the fabulously corrupt Carlos Menem, former president of Argentina. "Sometimes I wonder whether the world is being run by smart people who are putting us on or by imbeciles who really mean it." --Mark Twain
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 106ed4,4a5922cd3f86452,start X-Google-Attributes: gid106ed4,public X-Google-Thread: 101049,4a5922cd3f86452,start X-Google-Attributes: gid101049,public X-Google-Thread: 10a12a,4a5922cd3f86452,start X-Google-Attributes: gid10a12a,public X-Google-Thread: 1098dc,4a5922cd3f86452,start X-Google-Attributes: gid1098dc,public X-Google-ArrivalTime: 2002-09-14 12:58:13 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!news1.google.com!sn-xit-02!sn-xit-06!sn-post-02!sn-post-01!supernews.com!corp.supernews.com!not-for-mail From: montep@email.com (Monte) Newsgroups: dc.general,ca.general,ny.general,miami.general Subject: Those Bush family values, again! Date: Sat, 14 Sep 2002 19:53:49 GMT Organization: Posted via Supernews, http://www.supernews.com Message-ID: <3d849359.20319658@news.ev1.net> X-Newsreader: Forte Agent 1.5/32.452 MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-Complaints-To: abuse@supernews.com Lines: 73