I can just hear it now...
With Robert Gates coming on board as the new Secretary of Defense, James Baker and his Iraq Study Group, as well as Lawrence Eagleberger and Alan Simpson at Jr.'s side, it seems that Poppy and his friends are coming to bail Jr. out...again.
Like ion 1966 when he was arrested while at Yale on disorderly conduct charges. Or perhaps when he was arrested for a DUI in Maine on Labor Day weekend in 1976. And then there was the purchase of a failing Arbusto Energy by Reagan/Bush I supporters (Poppy was VEEP at the time), William DeWitt and Mercer Reynolds. Not only did they buy Arbusto, they made Jr. President of the new company, Spectrum 7. They also sold him a chunk of the Texas Rangers for a pittance, which he later sold at a profit. Needless to say, he didn't have much input into the Ranger's business decisions. But guess what? Two years after Arbusto was sold to Spectrum 7, that company was going belly up. And, you got it, Spectrum 7 was bought by Harken Energy in 1986. And, Harken had friends of the Bush family on its board.
It should also be noted that Khalid Bin Mahfouz was on Harkens board, as well as the board of BCCI, which was used by the CIA to launder money before BCCI collapsed. This is important because at a time when Harken was hemorrhaging cash, a $25 million dollar Harken stock offering was underwritten by Stephen's Inc headed by Jackson Stephens, a big-time contributor to Poppy Bush's campaign war chest. This offering was placed with the Union Bank of Switzerland, a joint venture partner with BCCI. Amazing what being the son of a VPOTUS can get done for you.
And, of course there were the sales of Jr.'s Harken stock that he conveniently forgot to notify the SEC about. And golly, the stock tanked just a few short weeks later. The SEC investigated with no further charges. But guess what? The SEC chariman at the time was Richard C. Breeden, a friend of the Bush family and one time employee of Bush family consiglieri, James Baker.
And now, after a mid-term election which was a repudiation og Jr.'s war in Iraq and his failure as a President, I can just hear it now. The plaintive call of a spoiled rich-kid in over his head..."Daaaaaaaady!"
