The family that preys together
Two nauseating items:
March 22, 2006, 11:58PM
Former first lady’s donation aids son
Katrina funds earmarked to pay for Neil Bush’s software program
By CYNTHIA LEONOR GARZA
Copyright 2006 Houston Chronicle
Former first lady Barbara Bush donated an undisclosed amount of money to the Bush-Clinton Katrina Fund with specific instructions that the money be spent with an educational software company owned by her son Neil.
Since then, the Ignite Learning program has been given to eight area schools that took in substantial numbers of Hurricane Katrina evacuees.
“Mrs. Bush wanted to do something specifically for education and specifically for the thousands of students flooding into the Houston schools,” said Jean Becker, former President Bush’s chief of staff. “She knew that HISD was using this software program, and she’s very excited about this program, so she wanted to make it possible for them to expand the use of this program.”
From the Los Angeles Times:
Bush’s Uncle Earned Millions in War Firm Sale
An SEC filing shows William H.T. Bush collected about $1.9 million in cash, plus stock valued at $800,000, from the deal.
By Walter F. Roche Jr.
Times Staff Writer
March 23, 2006
WASHINGTON – 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.
The $1.7-billion deal closed Jan. 31. Both firms have extensive military contracts.