On 12/16/14 5:37 PM, Mr. Luddite wrote:
On 12/16/2014 5:24 PM, Keyser Söze wrote:
On 12/16/14 5:17 PM, Mr. Luddite wrote:
On 12/16/2014 5:06 PM, Keyser Söze wrote:
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Jeb Bush 2016 Bumper Sticker:


*Try to Forget My Brother George W. Bush
Left The Country in Smoldering Ruins*


Jeeze, the guy just announced that he's *considering* running.
Why not wait until you hear what he has to say before starting
the BS ?

I'm fairly familiar with Jeb, his politics, and some of his shadier
deals in Florida and elsewhere.

I don't like his conservatism. He opposes Medicaid expansion, the
Affordable Care Act, wants to turn Medicare into a voucher program,
opposes marriage equality, ad infinitum.

The best thing about him is his last name. It'll be the kiss of death
for him.



"shadier deals"?

That cracks me up. Jeb is considered by many to be a straight shooter.
I suppose you could interpret records of *any* politician to be "shady"
depending upon your interests.



If you go back some years, you might still be able to discover some of
his dealings...

In one notable deal involving Bush and his business partner Armando
Codina, the two purchased an office building in Miami using funds Codina
borrowed from a local savings and loan institution, which became
insolvent in 1988. When the federal government – led by Bush’s father –
stepped in to bail out the savings and loan industry, Bush and Codina’s
loan was credited with $4 million in government funds, lifting the
liability of a $4.565 million second mortgage off of the partners. Nice
if your daddy is POTUS, eh?


In 2007, Bush joined the private equity advisory board at Lehman
Brothers. The company sold more than $800 million worth of
mortgage-backed securities to the Florida State Fund. The securities
defaulted in
just four months.806 It was later revealed that the sales to the state
fund took place just before Lehman revealed Bush’s role in the company.
Bush denied having any role in this specific sale, although Lehman won
six contracts and just shy of $10 million in fees from Florida state
agencies while Bush was governor. When Lehman Brothers collapsed the
following year, it had the potential to cost the state of Florida more than
$1 billion. Local governments in the state were trapped with tainted
securities that they could not redeem, worth more than $500 million.
While Lehman was on the verge of bankruptcy in 2008, Bush reached out
to Mexican billionaire Carlos Slim to solicit an investment in a Lehman
project code-named “Project Verde,” but Bush wrote to a colleague at
Lehman in July of the same year that “Project Verde was unsuccessful.”

Smoldering ruins, redux.

--

Jeb Bush 2016 Bumper Sticker:


*Try to Forget My Brother George W. Bush
Left The Country in Smoldering Ruins*