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uh oh ... bush donors caught in money laundering scheme ...

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
welshTerrier2 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 11:45 AM
Original message
uh oh ... bush donors caught in money laundering scheme ...
uh oh ... remember Deep Throat's famous advice to Bob Woodward: "Follow the money"? well, it looks like a couple of bush's campaign contributors (the Wyly brothers) may be GUILTY GUILTY GUILTY (the title of an old Doonesbury book about Watergate) ...

and perhaps more importantly than the investigations of the two donors is the fact that the Bank of America may have supported the scheme ... this prosecution could be a major step in the war against the corporate state ... we cannot allow corporations to interfere like this in the American political process if we hope to ever restore our democracy ...

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source: http://news.independent.co.uk/business/news/story.jsp?story=644159

The Manhattan District Attorney, the Securities and Exchange Commission (SEC) and the US Internal Revenue Service (IRS) are jointly probing a tax-shelter plan run out of the Isle of Man.

The scheme, devised by one of America's biggest banks and used by two billionaire donors to George Bush's election campaign among others, is being probed for possible breaches of securities and anti-money-laundering rules. <skip>

They have contacted the regulators on the Isle of Man asking for information on one particular scheme used by two Texan billionaire brothers, Charles and Sam Wyly.

The duo, who made their money in computing and retailing, not only gave over $200,000 to President Bush's re-election campaigns, but also bankrolled TV adverts attacking his rivals, John Kerry and Senator John McCain. <skip>
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RubyDuby in GA Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 11:51 AM
Response to Original message
1. I am shocked!
Shocked I tell you! I simply cannot fathom these decent hardworking upstanding men being involved in some scheme like that. Bushies just don't do that kind of thing......

:sarcasm:
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ComerPerro Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 11:53 AM
Response to Original message
2. Nothing to see here. Move along
:puke:


Let me guess. These people probably gave 50 bucks to various Democrats, so that Rush and neocons in the media can say "Big deal, they give to both sides!"
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aden_nak Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 11:54 AM
Response to Original message
3. *sniff sniff* Smells like a Terror Alert.
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Toots Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 11:56 AM
Response to Original message
4. Don't worry The new head of SEC Cox will "fix" everything
There will be no Bush* donors going to jail anytime soon.
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bunny planet Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 12:00 PM
Response to Original message
5. Quelle surprise.
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