3rd March, 2006
Money
Have a gander at this CNN transcript from last week and then fight back your rage when you get to the part where Christine Romans reports (about 3/8 of the way down).
The oil-rich United Arab Emirates is a major investor in The Carlyle Group, the private equity investment firm where President Bush’s father once served as senior adviser and is a who’s who of former high-level government officials. Just last year, Dubai International Capital, a government-backed buyout firm, invested in an $8 billion Carlyle fund.
Another family connection, the president’s brother, Neil Bush, has reportedly received funding for his educational software company from the UAE investors. A call to his company was not returned.
Then there is the cabinet connection. Treasury Secretary John Snow was chairman of railroad company CSX. After he left the company for the White House, CSX sold its international port operations to Dubai Ports World for more than a billion dollars.
…
Another administration connection, President Bush chose a Dubai Ports World executive to head the U.S. Maritime Administration. David Sanborn, the former director of Dubai Ports’ European and Latin American operations, he was tapped just last month to lead the agency that oversees U.S. port operations.
Yep, more confirmation of what we already knew. Fucking the American public over for money? No problem for the Bush Administration.
Posted at 6:02 pm | Comment (0)
