Jeb Bush Inc. (and for you who can’t remember back to 2000 was the governor of Florida who handed Buba W the presidency beginning the great decline of the USA) isn’t doing too bad these days.
He is traveling all over the place giving speeches on a subject he is becoming quiet the brainiac on, Entrepreneurial capitalism.
He hasn’t been a private citizen 18 months yet and he is cashing in on his eight years as Governor making huge sums of money with his global speaking gigs, his brand new consulting firm, and his connections with corporations who make huge profits in dealing with the government of Florida.
He keeps a low profile and refuses to discuss who is business dealings are with or how much he gets to chew the fat with his corporate pals. He does say though: "Being governor of my beloved state of Florida was my dream job,'' Bush said. His tenure was marked by "a great many new initiatives'' that improved Florida's economy, education system and quality of life, he said.” Ultimately, my record speaks for itself." So will his business dealing after he has left office.
According to the St. Petersburg Times when Jeb came to the governor’s office in January 1999, he reported that he had a net worth of about $2,000,000.00 much of it earned in partnership with his daddies pal Miami real estate developer Armando Codina. When he left office he declared a net worth of $1,300,000.00 and claimed his family’s finances suffered because of his public service.
I do believe that he knew somewhere deep down his fortune was about to change. Maybe he bought a Tony Roberts tape because despite his poverty he became the only living governor of Florida to decline his state pension.
I know some of you are asking how can poor ole Jeb get by on such a paltry sum especially now that he had to buy a house and a car and fly 1st class, oh the humanity!!
First, Bush renewed the real estate broker's license he first got in 1982. He registered with a firm founded by Jose I. Juncadella, one of South Florida's top commercial brokers. Before Bush became governor, they worked together at Codina's real estate firm.
Next, he founded a consulting company, Jeb Bush & Associates. It doesn't seem to have a Web site, and Bush declines to discuss what it does or identify its clients. Hmmmmm.
Bush set up a small office in a Miami skyscraper a block from Biscayne Bay. He shares a suite with lawyer and developer M. Ronald Krongold, a golfing friend for 25 years who helped run Bush's successful 1998 campaign.
Like Bill Clinton and the many out of work politicians, Jeb Bush being the son of an ex-president and the brother of our current knucklehead in chief, hit the road and started yakking it up on the professional lecture circuit, where it is said he makes around forty thousand plus expenses per domestic engagement and more to go abroad.
I can’t think of anyone who would want to shell out big money just to hear ole Jeb yakking about capitalism, leadership and education to the tune of some say 200 thousand bucks, but low and behold after speaking at his buddy from Korea Jin Roy Ryu one of Ryu’s companies, Poongsan Corp was awarded a contract of up to $1.1 billion to supply the U.S. Mint with metal used in coins.
I guess it is good to be an ex gov or ex prez the St. Petersburg Times reports Bush's younger sister, Dorothy, is paid between $10,001 and $15,000 a speech, according to a Web listing at the speaker's bureau. His father, the former president, reportedly earned between $100,000 and $150,000 for a foreign speech, or $4-million in a single year. Former President Bill Clinton has gotten as much as $450,000 for an engagement or $51-million in speaking fees, since leaving office in January 2001. It sure is good to be an EX.
Well you say, he sure is busy doing all that talking it up, but apparently between gigs he has a lot of time on his hands because besides “speechifying” as Jeb calls it, he is on the payroll of three big firms who did business with the state of Florida during his term as The Govanator.
He is on the board of Tenet Healthcare Corp who according to the St. Petersburg times gave him a stock grant valued at $260,000, plus fees and stock totaling $191,581 last year, more than any of the other eight non-employee directors received. What does he have to do for all that loot, a lot of typing or speechifying, hell no, he is expected to attend either in person or by telephone a mind boggling two dozen committee meetings a year.
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.