Home
Refresh   Tag(s): ;
Add to My Group
July 31, 2008 at 07:57:59

View Ratings | Rate It

How to become Governor of Florida throw the presidency to Buba and enrich your friends and family

submit to twitter
submit to reddit
submit to digg

Tell A Friend

By Michael Chavers (about the author)     Page 2 of 2 page(s)

opednews.com     Permalink

Jeb has said that since joining the board, he has never asked anyone in state government to rule favorably on any matter affecting Tenet. While Bush was Governor then Attorney General Charlie Crist the current Governor filed a racketeering lawsuit against Tenet accusing it of defrauding the taxpayers as much as $1 billion.

Shortly after joining Tenet, Jeb became a “consultant” to Lehman Brothers and a member of the firm’s private equity advisory board, which buys and sells companies worldwide.

The Wall Street Journal learned about it and on their web site called Jeb, Lehman’s secret weapon, speculating his hiring was part of a lobbying effort to help the equity and hedge fund industries head off more regulations and tax increases.

Records show that while Bush was governor, Lehman Brothers won at least six new contracts plus $9.9 million in fees from the two agencies that handle Florida’s bond deals and public investments, according to the St. Petersburg Times.

Jeb denied any role in the sales by Lehman of risky securities to the State Board of Administration, which manages billions of dollars in investments for hundreds of local government agencies in Florida.

In November, Bush was appointed to the board of another financial services firm, CNL Bancshares, a bank holding company led by real estate developer and major GOP donor James M. Seneff Jr.

"As CNLBank continues its expansion beyond its headquarters in Orlando ... Gov. Bush provides both credibility and visibility to our company throughout the state,'' Seneff said in a statement.

The three corporations that now employ Bush say they sought him for his business smarts and knowledge of Florida, not to reward him for past or future actions.

Jeb also has five nonprofit organizations that have raised millions of dollars. Some of the donors belong to the same network of lobbyists, developers and business executives who helped finance Jeb’s political aspirations and those of his families and possibly a future run for the White House.

Increasingly, people who are considering running for political office set up nonprofits, which pay for travel, staff salaries and other expenses. Bush's nonprofits provide jobs for several of his politically savvy staffers, that where with him as governor too.

Said Frances R. Hill, a law professor at the University of Miami and director of a group that analyzes money in politics "It's pervasive and politicians in both parties do it, There may be legitimate reasons to maintain multiple tax-exempt entities, but my antenna go up when a powerful political figure has this many floating around.''

Unlike political candidates, many non­profits — known as 501(c) s for the tax code section that applies to them — can accept donations of any amount, from virtually anyone, including foreign sources. They are not required to provide a detailed breakdown of their spending.

So don’t count Jeb out of the political game just yet, because if the Democrats screw up too bad, and or somehow McCain wins and can’t do a second term we may have another Bush running for president.

Peace and Liberty through intelligence, strength, and integrity.

Next Page  1  |  2

 

I am a Musician, political Junkie, Father, Husband, who cares very much about the United States of America and what is being done to the Ideals and citizens of this great Nation. I want to restore the Constitution and the Bill of Rights to what (more...)
 

The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.

Contact Author Contact Editor View Authors' Articles

 

Book Recommendations for "Bush Admin"
Bush admin. farm bill plan: so is it really the reform they talked about?: An article from: Pro Farmer
by Gale Reference Team

$9.95

Number of pages: 4
Publisher: Thomson Gale

Bush admin. delays E-Verify, women's Set-Aside.: An article from: Set-Aside Alert
by Gale Reference Team

$9.95

Number of pages: 2
Publisher: Business Research Services, Inc.

Transforming Mental Health Care in America (Federal Action Agenda: 1st Steps)


Number of pages: 83
Publisher: Mental Health Services Admin., DHHS

View All Book Recommendations

Share this page: (what's this?)                   Tell a Friend: Tell A Friend

FACEBOOK      DIGG THIS      Add This Page to Mr Wong!           NEWSVINE      DEl.ICIO.US      Looksmart Furl      NETSCAPE      My Web      Tag!RawSugar      Blink List     (More...)

Comments: Expand   Shrink   Hide  
No comments

 
Want to post your own comment on this Article? Post Comment


 

 

 

Tell a Friend: Tell A Friend

Copyright © 2002-2009, OpEdNews

Powered by Populum