Reply #23: Bush the Elder’s Scheme to Sell Pardons and Get a Payoff

[seemslikeadream]

Bush the Elder’s Scheme to Sell Pardons and Get a Payoff – Where is the Outrage Over a 10 Billion Dollar Taxpayer Ripoff?

February 26, 2001

By Jock Gill for Democrats.com



Bill Clinton wasn’t being either bold or creative in his use of the presidential pardon power. Compared to George Bush Senior’s incredible pardon fiasco, Clinton’s pardon scandal is boring.

In his last days as President, Bush Sr. sold U.S. government asset worth $10 billion to a friend for a mere $10 thousand dollars, pardoned his business colleagues, and then went on the company’s payroll for seven years.

At the very end of his presidency Papa Bush gave a sweetheart deal to the Canadian company Barrick Goldstrike. They got the rights to US land worth $10 billion in return for a nominal payment to the treasury of $10,000. But that does not seem to be all they got, or all they paid for either.

The money behind Barrick is from Saudi arms dealer and Bush family friend Adnan Khashoggi, who was identified as conduit in the Iran-Contra conspiracy. In 1986 he was arrested and charged with fraud but failed to be convicted. In one of his last acts as president Bush pardoned Khashoggi's alleged co-conspirators, who were key members of Bush's own cabinet. As a result, no case could be made against Khashoggi – or against Bush himself.

To express its gratitude for these favors Barrick Goldstrike hired Papa right after he left office and donated $148,000 to the Republican Party, at least that is the amount that can be traced. As reported by Gregory Palast this is hugely more consequential for justice than anything presidential pardon before or since, so slowly once again let’s connect the dots:
http://www.penfield-gill.com/presentations/bush_the_eld...

Poppy Strikes Gold
July 9, 2003
By Greg Palast

This excerpt is taken from Greg Palast's book The Best Democracy Money Can Buy available from www.gregpalast.com

George W. could not have amassed this pile if his surname were Jones or Smith. While other candidates begged, pleaded and wheedled for donations, the Bushes added a creative, lucrative new twist to the money chase that contenders couldn't imitate: "Poppy" Bush's post–White House work. It laid the foundation for Dubya's campaign kitty corpulence and, not incidentally, raised the family's net worth by several hundred percent.

In 1998, for example, the former president and famed Desert Stormtrooper-in-Chief wrote to the oil minister of Kuwait on behalf of Chevron Oil Corporation. Bush says, honestly, that he "had no stake in the Chevron operation." True, but following this selfless use of his influence, the oil company put $657,000 into the Republican Party coffers.

That year Bush père created a storm in Argentina when he lobbied his close political ally, President Carlos Menem, to grant a gambling license to Mirage Casino Corporation. Once again, the senior Bush wrote that he had no personal interest in the deal. However, Bush fils made out quite nicely: After the casino fiap, Mirage dropped $449,000 into the Republican Party war chest.

Much of Bush's loot, reports the Center for Responsive Politics, came in the form of "bundled" and "soft" money. That's the squishy stuff corporations use to ooze around U.S. law, which prohibits any direct donations from corporations.

http://www.democraticunderground.com/articles/03/07/09_...