The Wall Street Journal:
In 1992 under Bush Sr., taxpayers were stuck with a $500 billion S&L
bailout and the largest budget deficit in U.S. history. After eight
years under Clinton-Gore, we now have the largest surpluses ever. Coincidence?
Consider the Bush family financial record (WSJ=Wall St. Journal, WP=Washington
Post):
George W: Refused to answer news questions about an $848,000 stock sale
probed by the federal SEC (WSJ 4/4/91,WP 7/30/99). US News and World
Report (3/16/92) compared his financial record to brother Neil's. Brother
Jeb (campaigned recently with George): Lobbied to enable a Mob-linked
Florida HMO to receive $1 billion in Medicare payments; its owner later
fled the U.S. under indictment, suspected of up to $100 million in Medicare
fraud (WSJ 8/9/88). Jeb helped trigger the $285 million collapse of
a Florida S&L by defaulting on a $4.5 million loan that was arranged
thru a front with no repayment schedule specified (WP 10/15/90). Brother
Neil: Played a key role in the $1 billion collapse of Silverado Banking
(WP 7/4/92). Uncle Jonathan: Fined in two states for violating securities
laws. (WP 7/4/92). Uncle Prescott: Arranged investments for a Japanese
Mob front in two U.S. firms; both later filed for bankruptcy (WSJ 12/6/91,
WP 7/4/92). George Sr.: Disbanded the independent federal organized
crime strike forces, which had been successfully prosecuting S&L
looters (WP 12/28/89).
The above is meticulously documented with details and links to 36 cited
major media sources on http://www.campaignwatch.org
Republican pundit Kevin Phillips called this Bush family record a "never-ending
hustle" (WP 7/4/92). Do we really want this bunch to do to privatized
social security what they did to the S&Ls? Please distribute this
widely ASAP - it's much easier with Email than in Paul Revere's day!
David E. Scheim, Ph.D. (davids@campaignwatch.org)
Author of the NY Times best seller, Contract on America
Votescam: the Stealing
of America. A review of the book on amazon.com includes this excerpt:
"Votescam", by Collier & Collier, 1992, a documentary
book about Florida vote fraud. Details include the witnessing of double-punching
vote cards to disqualify ballots, whiich occurs at hand cleaning of
the vote cards with tweezers before the first machine counting on election
day. The investigation of this federal election fraud was sent to the
Reagan Bush Department of Justice, but this investigation was stopped
by US Attorney Antonin Scalia. G H W Bush then appointed Scalia to the
USA Supreme Court.
http://tabletalk.salon.com/webx?14@@.eeb0a9f/6400
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