Jeb Bush’s Questionable Business Deals

jeb-bush

The Washington Post described many of Jeb Bush’s past business dealings in an article entitled, Jeb Bush dogged by decades of questions about business deals

In early 1989, seven weeks after his father moved into the White House, Jeb Bush took a trip to Nigeria.

Nearly 100,000 Nigerians turned out to see him over four days as he accompanied the executives of a Florida company called Moving Water Industries, which had just retained Bush to market the firm’s pumps. Escorted by the U.S. ambassador to Nigeria, Bush met with the nation’s political and religious leaders as part of an MWI effort to land a deal that would be worth $80 million…

Today, as he works toward his run at the White House, Bush touts his business experience as a strength that gives him the skills and savvy to serve as the nation’s chief executive. He has said he “worked my tail off” to succeed. As an announced candidate, Bush soon will be making financial disclosures that will reveal recent business successes and show a substantial increase in his wealth since he left office as Florida governor in 2007, individuals close to the candidate told The Post.

But records, lawsuits, interviews and newspaper accounts stretching back more than three decades present a picture of a man who, before he was elected Florida governor in 1998, often benefited from his family connections and repeatedly put himself in situations that raised questions about his judgment and exposed him to reputational risk.

Years after Bush’s visit to Nigeria, MWI was found to have made dozens of false claims to the U.S. government about its dealings in Nigeria, according to a civil jury verdict in a case brought by the Justice Department. MWI has denied the allegations and appealed the verdict. Bush was not a party to the lawsuit.

Five of his business associates have been convicted of crimes; one remains an international fugitive on fraud charges. In each case, Bush said he had no knowledge of any wrongdoing and said some of the people he met as a businessman in Florida took advantage of his naiveté…

Bush’s business activities and missteps have been widely covered over the years, by the Miami Herald, the St. Petersburg (now Tampa Bay) Times, the Wall Street Journal, Mother Jones magazine and other publications, along with books by political scientists and journalists…

There is nothing as flagrant as the actions of Bill and Hillary Clinton when Hillary was Secretary of State, but plenty to wonder about. If nothing else, don’t pay any attention if Jeb claims his skills as a businessman qualifies him to be president. The only “skill” Jeb has shown has been in picking which family to be born into.

In other political news today, H. A. Goodman wrote at The Huffington Post,Why Bernie Sanders Will Become the Democratic Nominee and Defeat Any Republican in 2016. It might be optimistic to predict at this point that Sanders will become the Democratic nominee, but I would far rather see this scenario than to risk going into the general election with Hillary Clinton as the Democratic nominee, which places us at a far greater risk of winding up with someone like Jeb Bush or another Republican as the next president.

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