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I don't know the reason for all the quotes today. It just need sayin'.
She wrote a check to her son. Then she had her lackeys spin it. Nuff said.
I guess more traditional money laundering is too much trouble? The money probably comes from some illegal or morally bankrupt source, so laundering it through a charity is better for her than just giving it to Mr. Bankrupt Savings & Loan Scandal directly. After all, for a family that dealt with the Nazis everything else probably seems just fine.
Another benefit of Momma Bush's largess... namely, that she's donating before April 15th and that Katrina donations allow the donor to take a 100% tax deduction. I'm sure oil co. dividends are sendin' the Bushes scrambling for tax deductions with the highest yields.
No surprise that George W. is even worse than his awful father when you think about the harpy that gave birth to him.
Georges momma so fat she goes all around the tax loopholes in sight!
Could be her tax guy told her to do it this way. You know it's hard getting tax breaks on anything when you're that well off!
Pathetic.
Isn't she an offspring of the Pierce family? If so, why would anybody be surprised. I seem to remember that she had her foot in her mouth right after Katrina hit. With George H. and Barbara as parents there can be no surprise in George W. inability,it surely explains that stupid smirk.
Isn't he the S&L Bush? And now he's making sure our children is learning? That's just super!
I'm off to set up a nonprofit charity that exists entirely to funnel money to my for-profit corporation which pays all of my living expenses and also sells some sort of Katrina-related software packages or something, and then donate all of my income to it.
Unfortunately I think that if I did it, the IRS would call it a felony, not a wonderful charitable donation.
Wouldn't pardoning his mother's tax fraud conviction just be the icing on the cake of W's legacy?
A corporate country will eventually have strong similarities to American corporations (the wealthy leaders are generally the same people). If there is any profit to be had it’s the legal responsibility of the leadership to find a way to get it. When this is the way you must act in the companies who are consolidating America to even keep your job, and all hats are off to the folks who have the personality traits to exact all profit where and when you can, how do you expect people to act?
So far not making your family rich at any cost is the crime.
If Mrs. Bush placed that kind of restriction on her gift, then the gift is not deductible, because it is not "charitable," according to the definition under federal tax law. Of course, Mrs. Bush is probably not at risk of being audited. However, this little episode again demonstrates that the Bushes (1) have no shame, and (2) are completely surrounded by yes-men and nitwits (i.e., any moderately skilled accountant or tax lawyer would have put a stop to such a pathetic scheme).
Barabara Bush, besides being Neil's mother, is also an investor in the company. She didn't just give a "charitable" donation to her son, in the end she gave a "charitable" contribution to herself!
I don't know if this was a stroke of larger cynicism that I'm not grasping, but you guys just wrote, "Former First Lady Barbara Bush -- last heard marveling at the good fortune that had befallen 'underprivileged' Katrina refugees who found themselves relocated to Houston -- has written a check to the Katrina relief fund spearheaded by her husband and former President Bill Clinton."
Barbara Bush and Bill Clinton...who knew?
That Barbara Bush is a small-hearted woman who does nothing unless it benefits her or her's? I kinda like what one commentator said, that she wouldn't pull a puppy out of a tarpit unless it could make someone in her family money.
Not that we can count on Neil Bush to do anything meaningful with this money. Anyone remember Silverado S&L? And given that so many Katrina survivors have lost everything and need housing, clothing, jobs, etc... isn't educational software for the city of Houston (which admittedly has taken in many Katrina survivors) a little silly. That's like putting up wallpaper in a house where a tornado has torn the roof off.