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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-12-07 09:47 PM
Response to Reply #15
37. The Bush Family's War Profiteering
People pass by the cube and remark:
"Thassa byootiful pic!" Compay.



I always tell them my screensavers are originals by Mr. Swamp Rat.



The Bush Family's War Profiteering

Written by Administrator
DemocracyRising.com
Thursday, 24 February 2005

The extent of Iraq contracts going to corporations which involve members of President George W. Bush's family is widespread and extensive involving hundreds of millions of dollars. Often these firms receive contracts where the corporations have no expertise and certainly the Bush family members have no expertise or experience in these areas. It is a world not of know how but of know who, marinated in campaign contributions. It seems like Bush family and friends are trading on their relationship to the President. The matrix of government contracts and Bush related corporations invites further investigation by the media and Congress - inquiries that are long overdue.

Below are examples of Bush Family members who have profited from the war and occupation of Iraq. These issues have not been examined or reported by the mainstream media.

Neil Mallon Bush the younger brother of the President, infamous for his involvement in the Silverado S and L scandal, has been hired by Crest Investment Company as a consultant for $60,000 per year to assist with their efforts to serve as a middleman to advise other companies that seek taxpayer-financed business in Iraq. Working with Crest puts Neil Bush at the center of multiple organizations profiting from the war and occupation in close alliance with long-term Bush Family allies.

SNIP...

William H.T. ("Bucky") Bush, an uncle of George W. Bush, joined the board of directors of the St. Louis based company Engineered Support Systems in March 2000. (See: http://www.engineeredsupport.com /) Bucky Bush was one the Bush Pioneers, the campaign contributors who raised more than $100,000 in the 2000 presidential election. Engineered Support Systems has three areas: light military support equipment, heavy military support equipment, and electronics/automation systems. Since 2000, following the presidential election and the 9-11 attacks, the company's federal contracts, revenues and its stock value have all gone up. Engineered Support Systems has been in the top 100 contractors with the DoD since 2001. Its contracts with the U.S. military have totaled over $1 billion.

SNIP...

William H.T. Bush is also a trustee for the investment firm Lord Abbott, one of Halliburton's top 10 shareholders and also a top-ten mutual fund holder in Halliburton, which has obtained prime contracts in Iraq. Vice President Cheney, the former CEO of Halliburton, still has between $18 million and $87 million invested through Vanguard, another top-ten holder in Halliburton stock.

SNIP...

Marvin P. Bush, the youngest brother of George W. Bush, shares an interest in federal contracts held by companies in his firm's portfolio. Marvin Bush is also an adviser at HCC Insurance, formerly called the Houston Casualty Company, one of the biggest insurance carriers for the World Trade Center. Bush was a director at HCC, which has benefited financially from the 9-11 insurance bailout legislation passed by Congress at the instigation of the White House. The departure of Marvin from the HCC board was announced the same day, November 22, 2002, as the passage of the bill.

Marvin Bush is co-founder and partner in Winston Partners, a private investment firm which is part of a larger firm called the Chatterjee Group. (See http://www.winstonpartners.com /. ) According to SEC filings, the Chatterjee Group consists of Winston Partners, LP; Chatterjee Fund Management, LP; Winston Partners II LDC, a Cayman Islands-based company; Winston Partners II LLC; Chatterjee Advisors LLC; Chatterjee Management Company; Mr. Chatterjee himself; and Furxedown Trading Limited, a company organized under the laws of the Isle of Man. The address for Winston Partners II LDC is in the Netherlands Antilles. The other subsidiaries were organized in Delaware. Governor Jeb Bush is also an investor in the Winston Capital Fund, which happens to be managed by Marvin's firm.

CONTINUED...

http://www.democracyrising.us/content/view/57/81 /



Thanks for giving a damn, Swamp Rat.

PS: I tried signing up for your www.Swamp-Rat.com thing and never heard from that Administrator who looks like Karl Marx.
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