Much is being made by the Rabid Righty's about Obama's aunt and uncle....JUST wanted to remind them that their hero's have had some doozy's!
"Jeb Bush, George Bush Sr., and his son Neil Bush have all been implicated in the Savings and Loan Scandal, which cost American tax payers over $1.4 TRILLION dollars (note that this is about one quarter of our national debt).
Between 1981 and 1989, when George Bush finally announced that there was a Savings and Loan Crisis to the world, the Reagan/Bush administration worked to cover up Savings and Loan problems by reducing the number and depth of examinations required of S&Ls as well as attacking political opponents who were sounding early alarms about the S&L industry. Industry insiders were aware of significant S&L problems as early 1986 that they felt would require a bailout. This information was kept from the media until after Bush had won the 1988 elections.
Jeb Bush defaulted on a $4.56 million loan from Broward Federal Savings in Sunrise, Florida. After federal regulators closed the S&L, the office building that Jeb used the $4.56 million to finance was reappraised by the regulators at $500,000, which Bush and his partners paid. The taxpayers had to pay back the remaining 4 million plus dollars.
Neil Bush was the most widely targeted member of the Bush family by the press in the S&L scandal. Neil became director of Silverado Savings and Loan at the age of 30 in 1985. Three years later the institution was belly up at a cost of $1.6 billion to tax payers to bail out."
http://rationalrevolution.net/war/bush_ … _the_s.htm
Oh MY! Tax-payer bail-out? Ya don't say!
Geee--almost makes Obama's relatives seem inconsequential doesn't it?
Live in Glass Legacy's? Stop pitching pebbles.
"This information was kept from the media until after Bush had won the 1988 elections". Uh Huh......the good ole days.
by Lions Den Media 6 years ago
Obama has used the Espionage Act, passed under Woodrow Wilson to shut down media opposition WWI, 6 times in 3 years, whilst it had been used 3 times since 1917, to target or shut down journalists that Obama targeted. In Syria journalists were killed and Obama praised their tough journalistic style,...
by TheWicklessCandle 7 years ago
So, we've seen this before. A sweep of the offices to the opposite direction, but then the president being reelected. It happened with Clinton, Reagan, etc. So, will Obama be reelected despite yesterday's landslide?
by Efficient Admin 8 months ago
Is it okay to avoid family members that you just don't like?If you just can't seem to get along with parents or siblings, etc... and just can't get along and enjoy each other's company, is it okay to avoid them altogether? What if you disown them?
by Maria Magdalena Ruiz O'Farrill 14 months ago
What makes you proud of your family members?
by Paula 8 months ago
Why are so many people selfish and mean, even to family members?Maybe I shouldn't be surprised any more, but why are so many family members selfish and hurtful to other family members? Life is precious, and flying by, and even if someone isn't your favorite person, why can't more just be kind...
by Paul Edmondson 9 months ago
Is it a good idea to live with your brothers, sisters or parents?
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