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TRUST OR HUSTLE: The Bush Record 

by C/O Diogenes Sunday, Mar. 02, 2003 at 7:19 PM

“What you’ve got with Bush [George senior] is absolutely the largest number of siblings and children involved in what looks like a never-ending hustle.” - Republican pundit Kevin Philips.1

TRUST OR HUSTLE: The Bush Record 
David E. Scheim

------------------------------------------------------------------------
“What you’ve got with Bush [George senior] is absolutely the largest number of siblings and children involved in what looks like a never-ending hustle.”
- Republican pundit Kevin Philips.1
------------------------------------------------------------------------
While opportunism isn’t new in U.S. politics, never did so many in one family extract so many dollars from taxpayers as when George Bush senior was president a decade ago.  As documented below from impeccable cited sources, the exploits of six Bushes, including George W., range from stock sales that were probed or sanctioned to arranging U.S. business investments for a Japanese Mob front.  They range from lobbying for a Mafia-linked businessman that enabled massive Medicare fraud to misconduct that helped trigger S&L collapses costing taxpayers $1.2 billion.

It was thus not entirely coincidental that under Bush senior in 1992, U.S. taxpayers faced a $500 billion S&L bailout2 and the largest ever budget deficit, $290 billion.  This contrasts with the largest surpluses ever under Clinton-Gore.  George W. Bush asks for trust, yet his evasions about his own dealings and recent campaigning with brother Jeb immerse him within a family financial scandal of alarming scope. 

NEIL BUSH (George W’s brother) was a principal in the 1988 collapse of Silverado Banking in Denver, which cost taxpayers $1 billion.   Neil approved $132 million in unrepaid loans from Silverado to two business partners, who in turn arranged payments to Neil totaling $650,000.3  Details

JEB BUSH (George W’s brother) and a partner defaulted on a $4.5 million loan from a Florida S&L in 1988.  The default helped trigger the S&L’s collapse, which cost taxpayers $285 million.  Bush and partner repaid only ten percent of the irregular loan and, incredibly, also got to keep the real estate that collateralized it.4

In 1985, Jeb lobbied the federal government on behalf of Miami HMO owner Miguel Recarey to increase Recarey’s Medicare business ultimately to a total of $1 billion.  The following year, Jeb received $75,000 from Recarey.  Recarey, who had longstanding business ties to the late Florida Mafia boss Santos Trafficante, subsequently fled the U.S. under indictment, suspected of up to $100 million in Medicare fraud.5  Details 

GEORGE W. BUSH.  On June 20, 1990, Bush, a director of Harken Energy, sold the bulk of his Harken stock for $848,000.  A week later, the stock plummeted in value on news of a large quarterly loss.  Bush claimed that he had submitted a required report about the stock sale but it had somehow disappeared.6  Bush refused repeated requests from both The Wall Street Journal7 and U.S. News and World Reports8 to discuss the stock sale.  Update   Details

A federal (SEC) probe of Bush’s stock sale terminated without charging or exonerating Bush.9  But as Time reported, it was widely assumed that insider knowledge prompted the sale.10  The Wall Street Journal reported other suspicious circumstances concerning Bush’s involvement with Harken Energy.11 

Throughout his business career, George W. was bailed out by influential contacts for plays, as The Wall Street Journal put it, that “did not quite make the grade.”12  An example was a 1989 baseball deal financed in part “out of respect for his father” that ultimately earned George W. $15 million on a $600,000 investment.13  Such financial windfalls were important for Bush, who, as Newsweek summarized, “was an academic slacker [at Yale], a mediocre athlete, a member of the Texas Air National Guard during the Vietnam War and an unsuccessful oilman.”14  More

GEORGE BUSH, SENIOR.  The late Jonathan Kwitny, an award winning journalist for PBS and The Wall Street Journal, detailed links of George Bush senior to S&L fraud beneficiaries nationwide.15  Under Bush, Kwitny reported, “investigations were called off, proposed fraud charges weren’t brought, and President Bush continued to pal around with investigative targets who got off scot-free.”  Among Bush’s several pals in the S&L bonanza crowd named by Kwitny was Joe Russo, who owned one failed S&L and defaulted on multimillion-dollar loans from five others.16  Details   Disbanding the strike forces against organized crime 

JONATHAN BUSH.  In 1991, George senior’s brother Jonathan was fined $30,000 in Massachusetts and $4,000 in Connecticut for violating registration laws governing securities sales.   Jonathan was barred from securities brokerage with the general public in Massachusetts for one year.17  More

PRESCOTT BUSH. In 1989, Prescott Bush, a brother of George senior, arranged investments by a Japanese Mob front company in two U.S. firms, for which he was paid $500,000.  The underworld front ultimately gained a controlling interest in both U.S. firms, and both subsequently filed for bankruptcy.18  Bush denied knowledge of the underworld’s role in these deals, which came under investigation by Japanese police and in the U.S.19  Details

George W’s talk of integrity and plans for privatized social security appear to be somewhat of a hustle considering this Bush family record and what happened to the S&Ls during his father’s presidency.  George W. may have trouble convincing U.S. voters to reinstate Bush family ethics and economics as national policy.

David E. Scheim, PhD, is the author of the 1989 New York Times bestseller, Contract on America.  He is a retired commissioned officer in the U.S. Public Health Service. 




1. Michael Isikoff, Washington Post, 7/4/1992, p. A1.
 
2. LA Times, 7/31/1990, p. 1.
 
3.  LA Times, 5/10/1992,  p. 1; Washington Post, 7/4/1992, p. A1.
 
4. Washington Post, 10/15/1990, p. A24; Austin American- Statesman, 5/17/92, p. G1.
 
5. Wall Street Journal, 8/9/1988, p. A1; Austin American- Statesman, 5/17/92, p. G1.
 
6. US News and World Report, 3/16/1992, pp. 57-59; Wall Street Journal, 9/28/1999, p. A26.
 
7. Wall Street Journal, 4/4/91, p. A4.
 
8. US News and World Report, 3/16/1992, pp. 57-59.
 
9. Washington Post, 7/30/1999, p. A1.
 
10. Time, 6/21/1999, p. 34ff.
 
11. Wall Street Journal, 9/28/1999, p. A26; 12/6/1991, p. A1.
 
12. Wall Street Journal, 9/28/1999, p. A26; see also sources below.
 
13. NY Times 5/8/1999, p.1; Washington Post 7/25/2000, p. A1, 7/30/1999, p. A1, 7/31/1999, p. A1.
 
14. Newsweek, 11/22/99, p. 47.
 
15. Village Voice, 10/20/92, pp. 24ff.
 
16. Ibid.
 
17. Boston Globe, 7/26/1991, p. 1; Wall Street Journal, 3/11/1991, p. A6B.
 
18. Washington Post, 7/4/1992, p. A1; LA Times, 6/11/1991, p.10; Wall Street Journal, 12/6/1991, p. A4.
 
19. Wall Street Journal, 9/9/1992, p. C15; Wall Street Journal Europe, 7/11/1991, p. 12.
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Squeaky Clean?

by Diogenes Sunday, Mar. 02, 2003 at 7:21 PM

The Trolls, especially BA, love to talk about how squeaky clean Duhbyuh is. Let's see how loud they squeak about this.
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You'll have to do better

by fresca Sunday, Mar. 02, 2003 at 8:53 PM

Unbeleivable! Bush made a financial gain when he sold his share of the Rangers. GET HIM!!!!

Jesus, you can do better then that DIO. Let me hip you to where your wrong here.
A. No one with any sense thinks ANY politician is "squeaky clean". So for you to create that argument on your own and then argue against it is a logical flaw. It's certainly not good debate skills.

B. You've shown Bush to be someone who has made money and , at worst, benefitted from insider trading. Big Fucking Deal. What high level politician of ANY ideology or party affiliation hasn't done that and more to finance the rise to that very level to begin with. It's all part of that world and you KNOW that.

C. And this is the most important. Of all the info you've tripped over yourself to post above, almost ALL of it is related to people OTHER than BUSH. Now you're a bright guy. You know a little about simple logic and deductive reasoning. Therefore you know quite well that to say "these are the faults of some of the Bush's" and "the president is a Bush" so it follows that "these are the president's faults" is just plain faulty reasoning. You'd have flunked your first logic exam with this one.
I've never thought that Bush or any president was squeaky clean, and you could probably find some more dirt on him but do your homework. And please, please don't be lazy and come back with the old "the apple doesn't fall far from the tree" gambit.
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Yep a large and comfy cell

by Sheepdog Sunday, Mar. 02, 2003 at 9:06 PM

As if conflict of interests aren't new.
This particular family has a certain
pedigree, however for criminal mischievousness.
Shall we spank them? In public?
Wouldn't that be such naughty fun?
Say, once a month for 20 years?
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I am not a crook.

by Tricky Dicky Sunday, Mar. 02, 2003 at 9:14 PM

"Your President is not a crook." From Richard Nixon's Resignation Speech

Yeah their all crooks so therefore it's allright if Bush is Crook too. Right? That's your "logic" isn't if fresca?
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Nope

by fresca Sunday, Mar. 02, 2003 at 9:35 PM

Nope that's not my logic. But it does enable me to accept the obvious and not expect too much from any of them. Bush is certainly no worse then Clinton and thank God he's there instead of Gore. But if you need to demonize Bush to get you thru the night, be my guest.
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Striking Similarities

by Diogenes Monday, Mar. 03, 2003 at 6:46 AM

I find it funny, in a sick sort of way, that Duhbya's Apologists sound virtually identical to the Clinton Apologists. Substitute Clinton for Bush and it sounds eerily familiar.

PR shills have a fixed and limited repetoire. Since the truth is their enemy they must either divert or discredit.

"Oh many politicians have been serial rapists. It actually makes them better leaders."
"So what if he swindled a bunch of old fogies out their last dime. Everybody's got to make a living."

I get really tired at these defenses for the indefensible. I get really tired of the people who would defend mass murder and call it "liberation".

Teacher can I go to the bathroom I think I'm going to PUKE.
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I find it funny

by fresca Monday, Mar. 03, 2003 at 9:54 AM

I find it funny that everytime I refute some nonsense you post you either vanish or come back with your tired bag of Bush Apologist crap. I can tell when you have nothing to say when you post nonsense. So, in case you missed it the first time let me re post.

"Unbeleivable! Bush made a financial gain when he sold his share of the Rangers. GET HIM!!!!

Jesus, you can do better then that DIO. Let me hip you to where your wrong here.
A. No one with any sense thinks ANY politician is "squeaky clean". So for you to create that argument on your own and then argue against it is a logical flaw. It's certainly not good debate skills.

B. You've shown Bush to be someone who has made money and , at worst, benefitted from insider trading. Big Fucking Deal. What high level politician of ANY ideology or party affiliation hasn't done that and more to finance the rise to that very level to begin with. It's all part of that world and you KNOW that.

C. And this is the most important. Of all the info you've tripped over yourself to post above, almost ALL of it is related to people OTHER than BUSH. Now you're a bright guy. You know a little about simple logic and deductive reasoning. Therefore you know quite well that to say "these are the faults of some of the Bush's" and "the president is a Bush" so it follows that "these are the president's faults" is just plain faulty reasoning. You'd have flunked your first logic exam with this one.
I've never thought that Bush or any president was squeaky clean, and you could probably find some more dirt on him but do your homework. And please, please don't be lazy and come back with the old "the apple doesn't fall far from the tree" gambit.
"

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Alhimerz repost

by Alhiherz repost Monday, Mar. 03, 2003 at 12:06 PM

Alhimer repost
Wow
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It is spelled E-T-H-I-C-S

by Diogenes Monday, Mar. 03, 2003 at 12:16 PM

Given that you have never refuted any of my posts I have no idea what you are talking about.

I believe we have a right to expect HONESTY and ETHICAL behavior from the President of the United States.

I see no evidence that Bush has either of those.

Cite your references instead of throwing Molotovs.
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Fresca

by fresca Monday, Mar. 03, 2003 at 12:55 PM

Fresca - the more I read your posts, the more I think you are just some fucking faggot. Get a life!
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More evidence!

by mymicz Monday, Mar. 03, 2003 at 2:43 PM

Ever since I can remember,I've lived on a farm with our horses. Horses have
always been the best friends in my life because I don't usually get to go
out much because of all the farm work.

Today,I'm going to tell you about an incredible experience I had with one
of our best horses...and my best friend at that...Swift.

We called him Swift because he was very fast and he looked amazing when he
galloped in the wind with his mane flying everywhere...he's gorgeous,has a
brown fur,and has huge blue eyes.

I was alone in the barn and had finished cleaning out all the stalls except
for Swift's. I wanted our moment together to be just right.

I took off all my clothes,folded them neatly and put them in the tack room.
My body shook as I approached the horse's stall but I managed to open the
door and shut it behind me.

As Swift had never seen me naked before,this was a little bit of a shock to
him and he came over to me immediately sniffing me with his soft nose. That
tickled,I thought to myself.

He sniffed me all over and then he let out a lick to my face with his
big,soft tongue. Ooh,did that feel good. I sat down and spread my legs. He
continued licking me with his warm big tongue and going up and down my
belly cleaning me up. I was in heaven,being naked with a horse and in
addition to that,he was giving me a tongue bath! Things went up a notch
though when Swift came to my penis and balls and gave them a lick.

I went into an erection and almost cummed right there. But I held back and
enjoyed the moment for as long as possible.The horse continued his swift
motions of licking up and down my shaft and balls coating me with his
saliva until I couldn't take it anymore and cummed! Some got all me and
Swift's face.

This seemed to give Swift some sort of message because the next thing he
did was well...let me put this way,it was hot all of a sudden. Laying down
enjoy- ing the feeling of being spent I didn't realize what was happening
until I felt this tinkle on my forehead. I looked up and all of a sudden a
shower of horse piss flowed from Swift's penis right all over my body and
into my mouth!

Not wanting to scare the poor horse,I let him have his way and opened my
mouth letting the piss poor in. The taste wasn't as horrible as I thought
it was so I swallowed as much as I could get in. As the piss continued to
flow, I found myself aroused by the smell of the piss itself and then let
it flow all over my body getting my all wet. The horse then stopped
suddenly making me sigh.

I got an idea just then and licked his giant penis up and down his shaft
like a dog. I then proceed to rubbing his balls to please him which he give
a whin- ny at. I continued my tongue massage on his shaft when I reached up
and felt under his tail. He seemed to like that so I got out from
underneath him and went behind his ass.

I then proceeded to lift up his tail and gazed at his gorgeous ass hole. It
was black and almost clean as a whistle. Not wanting to make this horse
wait, I massage his enormous ass checks and then kissing the ass hole on
this horse. The horse back up into me wanting more, so I did so continuing
to kiss and lick his asshole reaching in my tongue as far as possible and
tasting his shit which was amazingly not that bad either. With that, the
horse let out a fart and I sniffed it in sighing with content. I couldn't
hold in any longer...I had to do it with this horse!

Seemingly sensing my desire, Swift lay on the ground for me so I could mate
with him. Taking this opportunity,I lifted the tail and poked my penis at
his hole pumping in and out slowly until he let me penis all the way in.
With that, I humped and humped into the horse's shit filled ass until I
came too and spewed my seed into him. I sighed and took my horse shit
covered penis out of his ass.

I fell backward,sighing with content. I looked up and saw Swift's penis
erect again. Looks like I not done just yet!
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Deadly Diet Soda

by Diogenes Monday, Mar. 03, 2003 at 4:45 PM

Oh, spare me oh Shill. The last time you expressed an honest emotion was when they told you would not get a bonus for insufficient typing.

I had thought perhaps you were simply an honest skeptic but you reveal your colors.

Of course in seeking to ask an honest question regarding my position on the 911 attack would have taken you somewhere you dare not go - it would be against the "PARTY LINE". By not going there as an honest skeptic would you are reavealed as nothing more than another Salaried Shill.
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Disregard my last

by Diogenes Monday, Mar. 03, 2003 at 7:01 PM

I misread the post below mine and thought it was you fresca. Sorry about the flare up. Blush.
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really, I apologize

by Diogenes Monday, Mar. 03, 2003 at 7:34 PM

I hate Fresca, yet fantasize constantly about his hairy pursed sphincter. Is that so wrong? How can love be wrong?
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With all due respect

by fresca Monday, Mar. 03, 2003 at 8:13 PM

"cite your references before throwing molotovs"

With all dur respect Dio, you're the one who in an attempt to illustrate the dishonesty and general ill will of Bush, gave countless examples of wrongdoings by OTHER people. Guilt by association seems to be your strongpoint.
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Bah!

by David Monday, Mar. 03, 2003 at 8:38 PM

another conservative bash....or should i say bush bash....seriously fuckoff liberals......start puttin shit up here about the corrupt liberals (or would you have space)...prolly not theres too many......noones sayin bush is perfect but he is definately doing a better job than any liberals living could do....ATTACK IRAQ
BOMB KOREA....FUCK THEM BITCHES
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The post above yours is of cours Alphonse Spastrami

by Diogenes Monday, Mar. 03, 2003 at 8:41 PM

Wanted to get on record that the post preceding yours was not mine. It's our favorite 16 year old Pimple Ad.

The data is available on the Bush and on Duhbya's Family Legacy.

Since you want more I'll be back with it when I have the time to do it. Which unfortunately is not tonight.

Just one point for the moment - the man has already shown he is without honor - a Deserter from his Military Unit. There is a lot of data on the Harken deal which is less than indicative of "desirable" character traits - that is if you want an honorable man in office which I do. It would be a nice change of pace. Because I pick at Duhbya does not mean I cut any slack for Slick Willy the Serial Rapist. I have even had my confidence in Reagan shaken as of late. Certainly neither Nixon or Johnson were paragons of virtue. Kennedy I think meant well but had tragic character flaws as well, but at least he inspired the nation to great achievements i.e., a manned space program which culminated in Apollo. I can still hear those magic words in my mind: "Mission Control this is Tranquility Base: The Eagle Has Landed."

Stay Tuned.
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