Reply #7: "Know your BFEE", right, Octafish?

[cosmicdot]

March 2006

03.24.06 -- 3:37PM

By Josh Marshall

Back on the question of how Barbara Bush donated money for Katrina aid and 'earmarked' part of it for the purchase of educational software produced by Ignite!, the company her son, Neil Bush, to bag money from international potentates, tycoons and crooks. Taxprof's got a post on a subject I've been curious about. George and Barbara Bush -- like a lot of other folks investment for non-economic reasons -- are actually investors in Ignite!

So how is it exactly you get away with making a tax subsidized contribution that you stipulate must be used to purchase products from a company in which you are a partial owner?

Isn't that a scam of some sort?

http://www.talkingpointsmemo.com/archives/007995.php


I suspect Neil used taxpaid Poppy Bu$h's post-White House office expense account to set Ignite up - but, that's just my conjecture. Why make long distance calls on his dime?

"Since his 1992 election campaign, Bush has retired to be with his wife at their home in the exclusive neighborhood of Tanglewood in Houston, with a presidential office nearby." wiki