Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 4 (4 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   No comments

OpEdNews Op Eds

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

By (about the author)     Permalink       (Page 2 of 2 pages)
Related Topic(s): ; , Add Tags Add to My Group(s)

View Ratings | Rate It

opednews.com

Become a Fan
  (2 fans)
- Advertisement -

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.

- Advertisement -

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.

- Advertisement -

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...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon


Go To Commenting

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.

Writers Guidelines

Contact Author Contact Editor View Authors' Articles
Related Topic(s): ; , Add Tags
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The most recent FISA bill

Does America have long to remain a democracy?

Who's to Blame For The Wall Street Crisis? We All Are.

The State of the Union 2011

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

Screw you Mr. Potter... And BoA Too!

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
No comments