SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: portage who wrote (8407)12/9/2001 4:16:20 PM
From: jttmab  Respond to of 93284
 
Texas business motto : Screw 'em first, ask questions later. As we've learned once again, beware the mess down in Texas. And sure as hell don't try forcing it on the rest of us.

Let's see...GW Bush and Enron...Dick Cheney and Haliburton...Neil Bush [lesser known son of George Sr] on the board of Silverado Banking, Savings and Loan of Denver.

Enron, like most monopoly corporations in the US, uses money as a means to buy influence and power. To gain access to a lucrative contract to rebuild the Shuaiba power plant in Kuwait, Enron hired former US Secretary of State James Baker as a consultant who travelled to the oil kingdom to negotiate with his Gulf War allies for his new employer. The sons of George Bush also helped Enron win this contract despite a lower bid from Deutsche Babcock, a German firm. The Bush brothers also helped Enron in their deal to win a contract to build a pipeline from Chile to Argentina in 1988. Finally, Wendy Gramm (wife of Senator Phil Gramm) joined Enron's Board of Directors in 1993 after she resigned from the Commodity Futures Trading Commission. This Commission, just days after Gramm's resignation, deregulated energy futures, thereby allowing Enron to earn 10% of its profits by adventures on the financial markets. Beside all this evidence, it appears hypocritical for Rebecca Mark, Chairperson of Enron Development Corporation, to declare that "Enron's reputation is being attacked, and we do not do business under the table".

Enough of the past, let's look forward...

Thomas E White, formerly Vice Chairman of Enron Energy Services
Now: Secretary of the Army.
army.mil

Robert B. Zoellick, served on the boards of Alliance Capital, Said Holdings, and the Precursor Group. He was a member of the advisory boards of Enron and Viventures, a venture capital fund.
Now: U.S. Trade Representative (USTR). The USTR, which carries cabinet-level status and the rank of an ambassador, is the chief U.S. negotiator in trade talks with other nations. [I can just hear Zoellick in trade talks with other nations.... Have you ever thought about ... derivitives?]
usembassy.state.gov

Quincy Hicks, formerly Manager of Media Relations at Enron Broadband Services in Houston, TX
Now: Director of Scheduling and Advance to the First Lady, Laura Bush: [previously worked as Chief of Staff to Barbara Bush]
conservativeusa.com

The First Lady even gets a former Enron Exec! Gives you a new perspective on Media relations for the First Lady, doesn't it?

jttmab



To: portage who wrote (8407)12/9/2001 4:25:41 PM
From: jttmab  Respond to of 93284
 
Sorry...I missed Texaco....<s>

Last year, as he prepared to run for President, Bush liquidated a blind trust he created to hold his assets - many of them in oil, real estate, health care and other companies owned by Rainwater, a contributor to Bush's campaigns and with whose money Bush aquired his windfall stake in the Texas Rangers baseball team.

Rainwater is a billionaire buying into beleaguered companies at discount prices and reselling when everyone wants in. But he is also involved in companies, including oil firms, that are heavily regulated with hundreds of millions in government contracts.

One, a hospital chain called Columbia/HCA, is the subject of a federal investigation into Medicare fraud. Another, Charter Behavioural Health Systems (in which Bush held investments), is subject to regulatory scrutiny, while another - Crescent Real Estate, which operates mental hospitals - has its multi-million-dollar government input under federal investigation. Rainwater is not himself accused of any misdemeanour, but in each case, the prospect of Bush's promise to privatise and deregulate the health system is a tempting one.

Rainwater is most famous for investing the oil wealth of the third point of Bush's business Iron Triangle - the Bass Brothers, builders of the metropolis Fort Worth. He turned the $50 million they invested with him in 1970 to $5 billion in 1986, mainly through timely investing in Texaco oil and Disney.

This is how the wheels go round in Texas: in 1997, Governor Bush supported a tax reform Bill aimed to cut, among other things, school property taxes. The reform saved Rainwater's Crescent Real Estate $2.5m.


observer.co.uk

jttmab

P.S. I don't know what the oil patch scams were.
P.P.S. I think Compaq did it to itself.