National Politics - 2016

Jeb Bush Hammered For Pay-To-Play Crony Capitalism

STATUS QUO “REPUBLICAN” RIPPED FOR INSIDER DEALING || By FITSNEWS || Former Florida governor Jeb Bush – eager to sharpen his attacks on surprise GOP presidential frontrunner Donald Trump – finds himself playing defense again this week. According to a blistering report from International Business Times (the outlet which broke the…

STATUS QUO “REPUBLICAN” RIPPED FOR INSIDER DEALING

|| By FITSNEWS || Former Florida governor Jeb Bush – eager to sharpen his attacks on surprise GOP presidential frontrunner Donald Trump – finds himself playing defense again this week.

According to a blistering report from International Business Times (the outlet which broke the stories about Hillary Clinton‘s foundational warmongering), Bush made big bucks off of his relationship with Lehman Brothers at a time when the taxpayers of Florida got screwed by the company.

“Transactions in 2005 and 2006 put the Wall Street investment bank in charge of some $250 million worth of pension funds for Florida cops, teachers and firefighters,” the IB Times report noted.  “Lehman would capture more than $5 million in fees on these deals, while gaining additional contracts to manage another $1.2 billion of Florida’s money.  Then, in the fall of 2008, Lehman collapsed into bankruptcy, leaving Florida facing up to $1 billion in losses.”

Why is this bad for Bush?

Because in 2007 – the year he left office – Lehman hired him as a consultant. His salary? A whopping $1.3 million a year.

Yeah …

Bush’s campaign refused to speak to International Business Times, but a watchdog quoted by the paper referred to the deal as “a breathtaking conflict of interest,” one that “cost Florida very dearly” even as it “enriched Jeb Bush.”

According to the paper, pay-to-play corporate cronyism is nothing new for Bush.

From the report …

Bush approved a land deal in Florida benefiting a timber company, Rayonier, that later paid him $1 million after he left office, as IBTimes reported in June. IBTimes also reported that under Bush, Florida shifted billions of dollars of pension cash to financial firms whose executives had raised large sums for his brother’s presidential campaign. Some of those same donors are now giving money to the super PAC supporting Jeb Bush’s 2016 presidential bid.

Sheesh …

And this is the guy who is supposed to clean up Washington?  Please …

***

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35 comments

Billy Boy August 20, 2015 at 10:44 am

Pay for play? isn’t that what Bill Clinton used to call it when the girls that came to see him in the oval office?

Reply
Repubs pay August 20, 2015 at 10:53 am

Doubt he was paying. It was charity work.

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Tazmaniac August 20, 2015 at 2:19 pm

Repubs pay, Dems rape.

Reply
#DeezNuts2016 August 20, 2015 at 10:55 am

Who cares about Bush when Deez Nuts is coming up fast from behind?

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InYoMouth August 20, 2015 at 11:17 am Reply
Manray9 August 20, 2015 at 10:58 am

Politics as usual in America.

Reply
Harry August 20, 2015 at 11:16 am

Have you heard about Deez?

Reply
CorruptionInColumbia August 20, 2015 at 11:04 am

No telling how much GHW and W enriched their bank accounts when in the White House, much like 0 is doing today, no doubt.

NO MORE BUSH!!!!

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corruptioninDC August 20, 2015 at 11:13 am

probably about as much as the Clintons did. NO MORE CLINTON!!!!!

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dwb619 August 21, 2015 at 10:15 pm

When BUSH LIED————–People DIED!!!!!!!!!!!!!

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hillary lied, people died August 22, 2015 at 6:55 pm

you do know Hillary lied and people died right? Ask the Benghazi survivors, oh wait you cant they are dead and she still lies about it. Next time you try a slogan out for size make sure it cant be crossed over so easily and truthfully to your “queen bitch”.

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dwb619 August 22, 2015 at 8:43 pm

KISS MY ASS!!!!!!!
How many died for BUSH THE WORST lie?????????/
Try that for SIZE when you answer!!!!1

dwb619 is an idiot August 23, 2015 at 11:27 am

LMAO GO FUCK YOURSELF!!!!!!
2 Wrongs don’t make a right (it is however a typical Hillary deflection tactic) but only one of them is running for president. Jeb isn’t GW. So try that on for SIZE. Hillary lied and people died!! Makes you wonder how many more if she won would?

dwb619 August 23, 2015 at 12:57 pm

CLICK COUNT!
YOU AN IDIOT, POSER!!!!!!!!!!!!!!!!!!I c an see your IQ on a phone pad!
YOU BETCHA!
Who said I was voting for the BITCH?
Answer me that one, DICK DRIP!!!!!!!!!!!!

speaking of low IQ August 23, 2015 at 4:35 pm

Technically I didn’t say it either you dumb fuck. I just said she lied, people died, she deflects and idiots like you try to as well. Never once did I say you are voting for her. I guess reading comprehension is it your thing. Too bad you so stupid. Was the short bus fun to ride on dick nose???

dwb619 August 23, 2015 at 5:17 pm

You got me!
How can you change your screen name so much?
I think I know.
CLICK COUNT!!!!!!!!!!!!!!!!

2 + 2 = 4 August 23, 2015 at 7:32 pm

It’s the same amount of “clicks” for 1 name or multiple names. Or did you fail math too?
“Have you seen my baseball?”

#DeezNuts2016 August 20, 2015 at 11:57 am

NO MORE BUSH!!! WAY MORE NUTS!!!!!!

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Robero August 20, 2015 at 12:48 pm

And Bill. And Hill. And Algore.

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TroubleBaby August 20, 2015 at 11:04 am

The revolving door between the huge investment banks and the government is something to behold. It’s like they are two eyes on a giant vampire squid sucking the life from the face of humanity.

Reply
#DeezNuts2016 August 20, 2015 at 11:58 am

Time to throw some NUTS into the gears.

Reply
sandamhernandez August 21, 2015 at 2:04 am

????????????????????????????????????? my amigo’s sister makes 83$$/hour on the web……..on saturday I got a top of the degree audi since getting a check for 4216$$ this most recent 4 weeks in addition, ten thousand last-munth . irrefutably about it, this really is the most enamoring occupation Ive had . I really began six months/earlier and on an extremely fundamental level straight away was making more than 87$$ p/h . endeavor this site..

????? tinyurl.com/Work2oReportOnlineap2 ???????????????????????????????? GO TO THIS AND CLICK NEXT LINK INSIDE IT FOR WORK DETAILS AND HLP

Reply
Crooner August 20, 2015 at 11:06 am

Whoops!

Reply
#DeezNuts2016 August 20, 2015 at 11:15 am

Boooooooring.
Deez Nuts is the real news.
I wonder who he’ll pick for his VP.
Nuts/Carson
Nuts/Trump
Nuts/Cruz
Nuts/Walker

They all look right. Oh well, there is still a year to go before Deez Nuts decide who will lose.

Reply
Someone Call Anthony August 20, 2015 at 11:19 am

Here’s hoping for a Nuts/Weiner party.

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#DeezNuts2016 August 20, 2015 at 11:24 am

I don’t get it.

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RogueElephant August 20, 2015 at 12:17 pm

This is a big part of what is wrong in the USA now. I’m beginning to appreciate Trump more and more.

Reply
Robero August 20, 2015 at 12:46 pm

In other words, trust the other side of the same transaction?

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Rocky Verdad August 20, 2015 at 12:27 pm

From: Jeb Bush (jebito@hacienda.net)
To: W (bigbrother@lowiq.net)
Date: Today
Subject: Article by Int’l Bus. Times

Crap!!!!!!! What now? Don’t let Dad and Mom know!!!!!

Reply
dwb619 August 21, 2015 at 1:23 pm

Dad knows EVERYTHING!
He was CIA.

Reply
Jack August 20, 2015 at 1:52 pm

Republicans taking money from rich people in exchange for political favors. Is this news? How many of the clowns in the Republican Clown car made the pilgrimage to California a few weeks ago to kiss the feet of Koch, and to tell the Kochs what they were willing for do in exchange for money?

Lets see, there was Walker, Cruz, Fiorina, and Bush. I’ll bet when they entered the inner sanctum of Koch, they were crawling on their bellies like Nikki before a Sikh God.

Reply
Jill August 20, 2015 at 3:06 pm

“Republicans taking money from rich people in exchange for political favors. Is this news?”
I cant believe it either, but only because that is supposed to be a Clinton thing.

Reply
Mike at the Beach August 20, 2015 at 10:23 pm

If you guys are still playing the FITScentric Universe Buzzwords Drinking Game, the headline alone is three straight shots back-to-back. Salute!

Reply
nitrat August 21, 2015 at 9:02 am

NYT did a piece on Bush earlier this year about his ‘business’ dealings and making money off his name….just like they followed the corruption in NJ with Chris Christie’s ‘friends’ well before Bridgegate.
Voters nationwide appear to be catching up to SC voters and are reaching the bottom of how far dumbed down they can get.
Voters just don’t pay attention to what a politician’s life and career tells them about the person.
They only pay attention when the politician tells them what they want to hear. And, then act like they can’t figure out what happened when things don’t work out. Duuhh

Reply
duh August 21, 2015 at 9:49 am

“Voters nationwide appear to be catching up to SC voters and are reaching the bottom of how far dumbed down they can get.”

No shit, why do you think Hillary is the leading candidate?

Reply

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