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Bush's role in corporate fraud
Boston Globe Online ^ | 23 July '02 | Bill Black and James Galbraith,

Posted on 07/23/2002 6:53:22 PM PDT by rdavis84

Edited on 04/13/2004 2:08:00 AM PDT by Jim Robinson. [history]

RESIDENT George W. Bush has reassured us that ''From the antitrust laws of the 19th century to the S&L reforms of recent times, America has tackled financial problems when they appeared.'' But the savings & loan reforms came seven years and 150 billion taxpayer dollars late. Nor did that problem merely ''appear.'' It was created by a deregulation bill in 1982 overseen at that time by Vice President George Bush.


(Excerpt) Read more at boston.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government; News/Current Events
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To: Republican Wildcat
We've already been through this a hundred times or more and refuted the lies you apparently endorse.

I note your above and add, "it's a pack of lies" to my category list of responses to this article. You like many other knee-jerk republican apologists seem to cast a blind eye to political influence peddling when the subject in question is of party affiliation you identify with. In my view, this article is spot on with its allegations and you have to be quite naïve to think that corruption only exists in the democratic party.

21 posted on 07/23/2002 10:21:26 PM PDT by WRhine
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To: Lee_Atwater
"No, this Galbraith is John's son, James."

Thanks. Didn't know there was another one. Yikes.

22 posted on 07/24/2002 5:21:12 AM PDT by Commiewatcher
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To: rdavis84
: First, create the problem by taking actions that encourage fraud. Second, do nothing while the frauds become epidemic.

Um, these "frauds" were not perpetrated on W.'s watch, but were done during the Decade of Fraud, the reign of the schlickmeister.

Any fraud that was overlooked was no doubt designed to create an economic "legacy."

23 posted on 07/24/2002 5:25:16 AM PDT by copycat
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To: copycat
Which it has...

Unfortunately, it left George Bush Jr. holding the bag.
24 posted on 07/24/2002 6:01:15 AM PDT by hchutch
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To: WRhine
"you have to be quite naïve to think that corruption only exists in the democratic party."

O.K.!!!!! Time Out!!!!!

No fair being Logical!!!!!!!

25 posted on 07/24/2002 12:16:52 PM PDT by rdavis84
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To: TLBSHOW
"Former Clinton Treasury Secretary Robert Rubin sealed the deal. After having left his Treasury Department post, but amidst negotiating his new terms of employment as chair of the management committee at Citicorp, Rubin brokered the final compromise to ensure passage of the financial deregulation bill."

And WHO's leading the effort to undo that? How about the S&L deregulation back in Reagan/Bush '80's? Did a DemScum do that too?

26 posted on 07/24/2002 12:21:14 PM PDT by rdavis84
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To: rdavis84
He conveniently ignores the fact that overreaction by Congress (dem controlled at the time) exacerbated a relatively minor problem into a full-blown debacle.  An analysis of some of the "risky" investments that S&Ls were forced to divest themselves of showed that ultimately payed off handsomely, and would have, in fact, kept many (if not most) struggling S&LS afloat at the time.
27 posted on 07/24/2002 1:14:03 PM PDT by Frumious Bandersnatch
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To: WRhine
You like many other knee-jerk republican apologists seem to cast a blind eye to political influence peddling when the subject in question is of party affiliation you identify with.

What "political influence peddling?" Bush wasn't in politics, and didn't seriously consider running for governor until his daddy lost the White House in 1992. Harken was over and done with in 1990.

Listen to this very clearly:

There is nothing here in Harken. Nothing.

You, and rdavis84, and UncleBill and Fred Mertz sit on the sidelines like a bunch of junior high school kids, laughing and pointing and scouring the Internet to find ANYTHING that will stick to Bush. Bush was cleared of Harken.

Ma Richards had a run at Harken in 1994, and found nothing.

Gary Mauro had a run at Harken in 1998, and found nothing.

Al Gore had a run at Harken in 2000 and found nothing.

You'd think you clowns would eventually learn. Insanity, after all, is doing the same thing over and over and expecting a different result.

28 posted on 07/24/2002 1:30:52 PM PDT by sinkspur
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To: sinkspur; Askel5
You(WRhine), and rdavis84, and UncleBill and Fred Mertz sit on the sidelines like a bunch of junior high school kids, laughing and pointing and scouring the Internet to find ANYTHING that will stick to Bush. Bush was cleared of Harken.

JMO, but I think that Askel will consider your words an affront to her since you left her name out.

You know all that jazz about how Henry Kissinger being the puppeteer of everybody, but what the hey maybe her diva like reviews of New Orleans restaurants, does contribute something to public discourse.

29 posted on 07/24/2002 1:43:30 PM PDT by Dane
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To: sinkspur; Dane
But this one isn't going away, is it? Retribution for WW? Maybe. But for the lower level players like you two it's serious. You'll have to catch the knives thrown at your idol by all sorts of media.

Or else you'll be considered ineffective.

30 posted on 07/24/2002 1:49:56 PM PDT by rdavis84
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To: Dane
maybe her diva like reviews of New Orleans restaurants

Lol ... yeah you rite.

I'm probably the only "diva" who's cleaned greens, peeled potatoes, cut buckets of onions, squeezed cases of oranges and cooked the family meals as part of her Diva Duties at 5-star New Orleans eateries.

Thanks for the flag. Your including me among the likes of rdavis84, UncleBill and Fred Mertz has made my day.

31 posted on 07/24/2002 1:58:14 PM PDT by Askel5
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To: rdavis84
But this one isn't going away, is it? Retribution for WW? Maybe. But for the lower level players like you two it's serious. You'll have to catch the knives thrown at your idol by all sorts of media.

Or else you'll be considered ineffective.

Whshooo, you are deranged, IMHO.

But you go ahead with your paranoid delusions on FR, that is your right.

32 posted on 07/24/2002 1:58:37 PM PDT by Dane
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To: sinkspur
Insanity, after all, is doing the same thing over and over and expecting a different result.

Aren't you a GOP member?

33 posted on 07/24/2002 1:59:14 PM PDT by Askel5
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To: Askel5
I'm probably the only "diva" who's cleaned greens, peeled potatoes, cut buckets of onions, squeezed cases of oranges and cooked the family meals as part of her Diva Duties at 5-star New Orleans eateries.

And you were probably muttering that Henry Kissinger was controlling the world during those "mundane" tasks and building-a-burger. Oh well every work place has their own eccentric muttering employee.

Thanks for the flag. Your including me among the likes of rdavis84, UncleBill and Fred Mertz has made my day.

Huh, I always thought that every coming post by Uncle Bill, Fred, and Rd made your day.

34 posted on 07/24/2002 2:08:06 PM PDT by Dane
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To: Askel5
"Insanity, after all, is doing the same thing over and over and expecting a different result."

Aren't you a GOP member?"

Good One! And their Insanity WILL continue.

According to Dane, I'M merely deranged. :-)

Pass the Gumbo, please.

35 posted on 07/24/2002 2:15:39 PM PDT by rdavis84
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To: rdavis84
According to Dane, I'M merely deranged. :-)

Merely? Nah, you are in Dick Gephardt territory, IMHO.

Totally deranged.

36 posted on 07/24/2002 2:19:32 PM PDT by Dane
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Comment #37 Removed by Moderator

To: rdavis84
But this one isn't going away, is it?

Of course it is. The Democrats know there's nothing there, and you know there's nothing there.

There's absolutely nothing "serious" about Harken. The American people already see it, like Bush's connection to Enron.

Nothing, nothing, nothing.

38 posted on 07/24/2002 2:25:15 PM PDT by sinkspur
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To: Dane
What's wrong with mundane tasks? I specialize in mundane tasks.

Alone, I find it gives me plenty of time to think. Slinging hash with others, I enjoy the conversations about Important Things ... none of which ever seem to include the machinations of assorted Materialist rulers and their running dogs.

In any case, I'm sure -- were the topic to turn to such dreadful realities which affect us all -- I'd have a far more interesting time discussing them with dishwashers than mental pgymies only too pleased to whip out personal attacks (if not affirmative Defenses, uncontested material facts or intellectual armor) with which to defend the very Oligarchs and Oracles of Pragmatism most responsible for the destruction of this nation from the Inner Ring out.

39 posted on 07/24/2002 2:27:15 PM PDT by Askel5
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To: rdavis84
I find it interesting that the Democrat slime machine, engineered by the Slime-in-Chief, Bill Clinton, could unearth a well-buried 25-year-old DWI on George W. Bush in 2000 but with all of those resources they couldn't find any of this information now trumpeted as soooooo incriminating to Bush by the Globe, Democrat followers and the usual assorted Bush-haters and DU drones here on FR.

This crap has been answered too many times to count on FR and it probably has it's widest audience here, too as the Democrat operatives keep pretending that President Bush is Clinton and do the familiar Democrat smear routine. It has no basis in fact and no one really cares much because nothing Bush did back in 1990 was illegal or had any negative effects on the economy. He was a private citizen.

This is classic preaching-to-the-choir with empty accusations and twisted logic to make some inane point that Bush and Cheny should commit political hari-kari because they once made big money selling stock. Ohhhhh...Capitalists!

The biggest charge in this article seems to be that Bush committed the sin of being well connected in order to make money. Gee, what a shock. While that may offend a few anti-capitalism types, most folks yawn as Bush did nothing criminal or unethical. Of course these constant attempts to try and make it appear that way will be around until the day after elections, then disappear and all the now-intense liberal/Democrat 'concern' over the finances of G. W. Bush back in 1990 will disappear like the wisps of imagination they are primarily made of.

40 posted on 07/24/2002 2:29:41 PM PDT by Jim Scott
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