Friday, March 24, 2006

even more bush cronyism

Bush's Uncle "Bucky" Earned Millions in War Firm Sale

If you like the way things are going in our country, vote Republican for more of the same.From the LA Times:

As President Bush embarks on a new effort to shore up public support for the war in Iraq, an uncle of the commander in chief is collecting $2.7 million in cash and stock from the recent sale of a company that profited from the war.

A report filed with the U.S. Securities and Exchange Commission shows that William H.T. Bush collected just under $1.9 million in cash plus stock valued at more than $800,000 from the sale of Engineered Support Systems Inc. to DRS Technologies of New Jersey....

Bush, known as "Uncle Bucky" in the president's family, joined ESSI's board in 2000, several months before his nephew became president.He heads a St. Louis investment firm and is the youngest brother of former President George H.W. Bush.


(Americablog)