🚀 go-pugleaf

RetroBBS NetNews Server

Inspired by RockSolid Light RIP Retro Guy

Article View: dc.general
Article #6144

Those Bush family values, again!

#6144
From: Monte
Date: Sat, 14 Sep 2002 19:53
73 lines
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
Technical Details
Message-ID: <3d849359.20319658@news.ev1.net>
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

Show Full Headers
Complete Article Headers
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