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The Bush family's century of involvement in oil, armaments and global intrigue has never been at the center of the national debate since the Bushes starting running for president in 1980.
The reason? Insufficient public knowledge. The only Bush biography published before George H.W. Bush won election in 1988 was a puff job written by a former press secretary, and the biographies of George W. Bush in 2000 barely mentioned his forefathers. Millions of Republicans who have loyally voted for Bushes in three presidential elections simply have no idea. Here are circumstances and biases especially worth noting.
Top 1% economics: Over four generations, the Bush family has been involved with more than 20 securities firms, banks, brokerage houses and investment management firms, ranging from Wall Street giants like Brown Brothers Harriman and E.F. Hutton to small firms like J. Bush & Co. and Riggs Investment Management Corp. This relentless record of handling money for rich people has bred a vocational hauteur. In their eyes, the economic top 1% of Americans are the ones who count. Investors and their inheritors are favored ? a good explanation of why George W. Bush has cut taxes on both dividends and estates, where most of the benefit goes to the top 1%. Over the course of George H.W. Bush's career, he was close to a number of the merger kings and leveraged-buyout specialists of the 1980s who came from Oklahoma and Texas: T. Boone Pickens, Henry Kravis and Hugh Liedtke. "Little guy" economics has almost no niche in the Bush economic worldview.
Debt and deficits: Whenever a Bush is president, private debt and government deficits seem to grow. Middle- and low-income Americans borrow to offset the income squeeze of recessions. The hallmark of Bush economics during both presidencies has been favoritism toward capital over workers. Federal budget deficits have soared because of a combination of upper-bracket tax favors, middle-income job shrinkage, big federal spending to hype election-year economic growth, huge defense outlays and overseas military spending for the wars in Iraq and elsewhere. Imperial hubris costs a lot of money.
http://www.truthout.org/docs_04/020904B.shtml
This is 100% true, fully researched, totally documented - from a book by Nixon Respublican Kevin Phillips called "American Dynasty: Aristocracy, Fortune, and the Politics of Deceit in the House of Bush"
http://www.amazon.com/exec/obidos/tg/detail/-/0670032646/002-2462917-4623200?v=g lance
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