Bush's brother has US$400,000 contract with Chinese firm

People Daily ^ | 11.29.03

[Dr. Marten]

Bush's brother has US$400,000 contract with Chinese firm

Neil Bush, a younger brother of US President George W. Bush, has a 400,000-dollar-a-year consulting contract with a Chinese computer chip manufacturing firm, The Los Angeles Times has reported on its web site.

Citing court documents filed in the course of Neil Bush's divorce proceedings in Houston, Texas, the newspaper said the president's brother had agreed to strategize with China's Grace Semiconductor Manufacturing Corp at the same time the Bush administration is trying to help US firms compete more effectively against the Chinese.

Grace Semiconductor, based in Shanghai, was founded in 2000 by Winston Wong, the son of Taiwanese business magnate Wang Yung-ching, the Times said. Wong co-signed the contract with Bush.

There is no indication that Neil Bush has done anything improper, according to the report.

However, the arrangement could attract attention during a presidential election cycle in which Chinese business practices have become a hot button issue, The Times said.

"There's certainly the appearance of influence being sought," the paper quotes Charles McMillion, a Washington business consultant who advised a congressional commission on US-China policy as saying. "If nothing else, it doesn't look good."

Bush's divorce from Sharon Bush was finalized in April.

According to the consulting contract, Neil Bush was to receive two million dollars worth of Grace Semiconductor preferred stock over five years, issued in annual increments of 400,000 dollars, the paper said.

In return, Bush agreed to "provide GSMC from time to time with business strategies and policies; latest information and trends of the related industry, and other expertized advices," the report quotes the contract as saying.

Bush signed the contract on August 15, 2002, according to The Times.

The report said it was not clear how much compensation Neil Bush had received so far.

The contract said he would receive the first 400,000-dollar allotment within one month of the company's 2002 board meeting, "provided you have duly furnished GSMC with the information and details required for the issuance or transfer of the share certificate," according to the paper.

The company has said its goal is to become a leading manufacturer of integrated circuits and other semiconductor products, according to the report.

It has invested 1.6 billion dollars to build two manufacturing plants in Shanghai. Production from the first plant began in September, The Times said.

President Bush has three brothers -- Jeb, the current governor of Florida, Neil and Marvin -- as well as one sister, Dorothy.

[jocon307]

These presidential brothers can be a real bother. And it's a bi-partisan thing.

[Pikachu_Dad]

Dorothy, I don't think we are in Kansas anymore !!!

[At _War_With_Liberals]

[Trust but Verify]

I guess being the brother of a President means you aren't allowed to be a businessman. If there's nothing illegal, what's the problem?

[Eric in the Ozarks]

How much money is involved between Wal Mart and the Red Chinese ?
Compared to the Clinton kickbacks, I'd say $400,000 is chump change.

[Dr. Marten]

To some degree I agree, but I think it is rather ironic that if it were a Dem. President such as Klintoon and his brother, many would take the opposite stance with regards to asking what's wrong with it.

[Trust but Verify]

Comparing Bill Clinton and his family with George Bush and his family is like comparing turds to roses, IMO.

[international american]

"To some degree I agree, but I think it is rather ironic that if it were a Dem. President such as Klintoon and his brother, many would take the opposite stance with regards to asking what's wrong with it."

If Klintoon or his friends or family were doing this, you could almost guarantee they WOULD do something improper. As we all know, character DOES matter.

[Mulder]

Why should anyone be surprised?

The Bush family loves statist dictatorships, starting with Prescott Sr. being in bed with Nazis.

Now Prescott Jr. is in China with the chamber of commerce. Neil is also dealing with the Chicoms, to the point where he is getting paid by a business run by Ziang Jemin, and having women come to his room to have sex with him for no apparent reason. And of course, W gave the chicoms permanent MFN status, something even Klinton wasn't able to accomplish.

But nothing to see here folks. Move right along.

[Mulder]

If Klintoon or his friends or family were doing this, you could almost guarantee they WOULD do something improper.

Like granting them permanent MFN?

[international american]

Therrrrrrre ya go!!

[ServesURight]

Sources, links, facts?

[Mulder]

Sources, links, facts?

Prescott Bush and Nazi connection:

http://www.nhgazette.com/cgi-bin/NHGstore.cgi?user_action=detail&catalogno=NN_Bush_Nazi%20Link

http://www.infowars.com/print_prescott.htm

Prescott Bush Jr and China:

http://www.usatoday.com/news/washington/2002/02/19/usat-prescott-bush.htm

http://www.usccc.org/Current/mem-b.htm

Neil Bush and China

http://dailynews.att.net/cgi-bin/news?e=pri&dt=031125&cat=news&st=newsbushbrotherdc

Plenty more available with doing a google search.

[Dr. Marten]

"Comparing Bill Clinton and his family with George Bush and his family is like comparing turds to roses, IMO."

Not when they are doing business with the same enemy!

[Kay Soze]

If mom and dad joe 6 pack were the leasst bit concerned about China's influence over the US- They'd stop shopping at Wal Mart.

China's rising world power is obviously no longer an issue.

[Willie Green]

Related thread: Bush's Brother Has Contract to Help Chinese Chip Maker

And some tinfoil for additional consideration:

China near to agreeing state bank bail-outs
Pentagon Is Told To Focus On Health Of Semiconductor Industry Or Risk Buying Chips From China

[Dr. Marten]

I for one do not shop at wall-mart

[OPS4]

How many of the companies in the UNited States have not created ties with the Chinese and othe foreign owned companies, whos agendas are anti-U.S.A.?

How many Americans work for these companies, as they export thier jobs and lay them off?

How many Americans have beed wiped out because many of these same companies have wiped out thier 401-K's?

Maybe if more Americans and American Companies are smart enough to buy ownership in these foreign companies we can get control back into our grasp and still profit from what we have allready lost. After all that is what they have done to us.

The world is changing, follow the Bush lead, and maybe your fortunes in Caesars world will increase.

Ops4 God Bless America!

[Sabertooth]

*Neil is also dealing with the Chicoms, to the point where he is getting paid by a business run by Ziang Jemin, and having women come to his room to have sex with him for no apparent reason.

**Sources, links, facts?

FR search by keyword: NEILBUSH

Bush's Brother Has Contract to Help Chinese Chip Maker
			Posted by Willie Green On 11/27/2003 12:14 PM PST with 7 comments The Los Angeles Times ^ | November 27, 2003 | Warren Vieth and Lianne Hart WASHINGTON Ñ Neil Bush, a younger brother of President Bush, has a $400,000-a-year contract to provide business advice to a Chinese computer chip manufacturer, according to court documents. At the same time the Bush administration is promising to crack down on alleged trade abuses by the Chinese, Neil Bush has agreed to strategize with China's Grace Semiconductor Manufacturing Corp., the documents show. While there is no indication he has done anything improper, Bush's arrangement could attract attention during a presidential election cycle in which Chinese business practices have become a hot-button issue.
The Bush family saga (the Neil Bush mess)
			Posted by Sabertooth On 11/26/2003 10:06 PM PST with 11 comments UPI ^ | November 25th, 2003 WASHINGTON, Nov. 26 (UPI) -- A Texas court has been asked to order the younger brother of President George W. Bush to give a new sample for DNA testing in a paternity-related defamation suit, sources told United Press International Wednesday. The request for the new sample from Neil Bush, filed on behalf of Sharon Bush, was slated to be heard in Houston's Harris County Civil Court on Dec. 9. "We require he be forced to give a sample under court supervision," David Berg, attorney for Sharon Bush, told United Press International. "He voluntarily did it before we got to court...
Bush's brother has 400,000-dollar contract with Chinese firm
			Posted by maui_hawaii On 11/26/2003 8:14 PM PST with 32 comments channelnewsasia ^ WASHINGTON, : Neil Bush, a younger brother of US President George W. Bush, has a 400,000-dollar-a-year consulting contract with a Chinese computer chip manufacturing firm, The Los Angeles Times reported on its web site. Citing court documents filed in the course of Neil Bush's divorce proceedings in Houston, Texas, the newspaper said the president's brother had agreed to strategize with China's Grace Semiconductor Manufacturing Corp at the same time the Bush administration is trying to help US firms compete more effectively against the Chinese. There is no indication he has done anything improper, according to the report. However, the arrangement...
Bush Brother's Divorce Reveals Sex Romps
			Posted by marshmallow On 11/26/2003 6:43 AM PST with 60 comments CNN ^ | 11/26/03 HOUSTON, Texas (Reuters) -- Neil Bush, younger brother of President Bush, detailed lucrative business deals and admitted to engaging in sex romps with women in Asia in a deposition taken in March as part of his divorce from now ex-wife Sharon Bush. According to legal documents disclosed Tuesday, Sharon Bush's lawyers questioned Neil Bush closely about the deals, especially a contract with Grace Semiconductor Manufacturing Corp., a firm backed by Jiang Mianheng, the son of former Chinese President Jiang Zemin, that would pay him $2 million in stock over five years. Marshall Davis Brown, lawyer for Sharon Bush, expressed bewilderment...
Bush Brother Business Deals Detailed in Divorce (Bush hit piece)
			Posted by PeteFromMontana On 11/25/2003 8:11 PM PST with 29 comments Reuters ^ By Jeff Franks HOUSTON (Reuters) - Neil Bush, younger brother of President Bush, detailed lucrative business deals and admitted to engaging in sex romps with women in Asia in a deposition taken in March as part of his divorce from now ex-wife Sharon Bush. According to legal documents disclosed on Tuesday, Sharon Bush's lawyers questioned Neil Bush closely about the deals, especially a contract with Grace Semiconductor Manufacturing Corp., a firm backed by Jiang Mianheng, the son of former Chinese President Jiang Zemin, that would pay him $2 million in stock over five years. Marshall Davis Brown, lawyer for Sharon...
Ex wants Neil Bush to undergo paternity test
			Posted by HAL9000 On 11/19/2003 10:05 AM PST with 6 comments Houston Chronicle ^ | November 19, 2003 Sharon Bush has asked a state district court judge to order her ex-husband -- President Bush's brother Neil Bush -- to submit to a blood test to settle a paternity question at the heart of a defamation lawsuit against her. The request, filed Monday, asks that the judge order Neil Bush and Robert Andrews to submit blood tests to determine the paternity of Andrews' 2-year-old son. Sharon Bush contends she needs the tests to defend herself against a $850,000 defamation lawsuit filed against her by Andrews. Andrews' suit contends Bush defamed him when she suggested in conversations with reporters,...
Chen Denies He Paid to Meet a Bush (Neil Bush Alert)
			Posted by dogbyte12 On 11/11/2003 2:33 PM PST with 7 comments Taipei Times ^ | 11-11-03 | MELODY CHEN AND LIN CHIEH-YU President Chen Shui-bian yesterday defended himself against accusations by People First Party (PFP) Chairman James Soong that he paid US$1 million to meet with a family member of US President George W. Bush during his visit to the US earlier this month. Although Soong did not say who the family member was, PFP and Chinese Nationalist Party (KMT) officials later identified the person as Bush's brother Neil Bush. Speaking to a crowd of more than 500 people in Yunlin County on Sunday, Soong said the US' high-profile reception for Chen was a result of the US$1 million that Chen gave...
Dad Sues Bush Family Member for Defamation (Neil/Sharon Divorce)
			Posted by dogbyte12 On 09/03/2003 9:20 PM PDT with 9 comments Houston Chronicle ^ | 9-3-03 | Claudia Feldman An anguished dad, desperate to stop speculation about the paternity of his toddler son, today sued a former member of the president's family for defamation. "This has been a nightmare," said Robert Andrews, the ex-husband of the woman now dating presidential son and brother Neil Bush. "The allegations have been so nasty and so false I feel I must answer. My patience is used up." The lawsuit, filed in state district court on behalf of 2-year-old, Thomas Alexander Andrews, said Sharon Bush has suggested to reporters, friends, even fast food restaurant employees that Neil Bush, not Andrews, is the child's...
BUSH DIVORCE: SPLITTING IN THE SPOTLIGHT (MISLEADING HEADLINE: THIS IS ABOUT NEIL BUSH)
			Posted by Recourse On 07/27/2003 10:22 PM PDT with 11 comments Houston Chronicle ^ | July 27, 2003 | Claudia Feldman July 27, 2003, 9:32PM Bush divorce: splitting in the spotlight By CLAUDIA FELDMAN Copyright 2003 Houston Chronicle They met in New Hampshire, where presidential battles start taking shape. He was a businessman and dutiful son, campaigning for his dad. She was a few years older and divorced, selling real estate to bolster her modest teacher's salary. A friend wanted to play matchmaker. "I'm not interested in politicians or political families," she replied. Sharon Bush says now that she was right to be wary. But in 1979, when she walked into her friend's kitchen, there he was, Neil Bush, soon to...
NEIL Bush Admits Asian Flings While Married
			Posted by COUNTrecount On 07/13/2003 5:25 AM PDT with 228 comments NY Post Page Six | July 13, 2003 | NY Post PRESIDENT Bush's brother Neil cheated on his ex-wife, Sharon, with local women he met during business trips to the Far East, according to a videotaped deposition conducted by Sharon's lawyers. "I had had sexual intercourse with perhaps three or four - I don't remember the exact number - women at different times," Neil Bush said during his just-leaked deposition. It was videotaped last March as part of the couple's divorce proceeding. He said the trysts happened while he was in Southeast Asia several years ago. "In Thailand once, I have a pretty clear recollection that there was one time in...
Out soon: life with the Bushes
			Posted by CMClay On 04/22/2003 9:15 AM PDT with 37 comments theage.com ^ | April 17 2003 | Sarah Crichton The estranged wife of President George Bush's brother, Neil, plans a tell-all book about life within the first family. In the midst of a divorce wrangle with her former husband of 22 years, Sharon Bush travelled to New York to lunch recently with America's queen of celebrity biography, Kitty Kelley. At a Manhattan restaurant, the pair brainstormed ideas and discussed Mrs Bush's debut as author. Kelley, who scored hits with unauthorised biographies of Nancy Reagan, Frank Sinatra and the British royal family, is already writing a book on the Bush clan scheduled for release next year. Mrs Bush is believed...

[GatekeeperBookman]

There is more going on than a few obscure biz deals.

This transfer of poverty-intellectual & cultural, as well as economic-is the crux of our domestic crisis.

Forcing or allowing the lower classes North, to work & send some major portion of their funds back South, constitutes a form of slavery. This is no petty charge-it is a very large plan. Governments & corporations benefit. Taxpayers pay.

The two governments conspire to ship cheap labor across the border & the US taxpayers are burdened with fantastic charges for hospitals, medications, build & staff new schools all over the nation, build & staff new prisons to house the uncivilized, build new housing for 'poor', &etc.

We must not be distracted by the smaller issues ( though some require our constant attention ). The larger scheme is THE issue which I have never seen discussed in its true dimension, perceived as the genuine threat that it is.

This transfer of poverty-intellectual as well as economic-is the crux of our domestic crisis & it impinges on foreign conflict-as it weakens us, it threatens our national interests around the world. Entire states are bankrupt & we are satisfied only to remove the governor? I think we must shout about the larger issue.

When will W step forward to acknowledge & work to stop this-when our entire nation is bankrupt? When crime & social collapse are no longer restricted to inner-cities & remote factory towns, where criminal aliens are encamped to slaughter beef & poultry? When the the blue-bloods are so threatened by taxation & physical harm as to shake the power structure?

When W, WHEN?

The Chinese must laugh at us-we will collapse into their patient & ready hands. We may collapse tired & exhausted by taxation & distracted by confusing petty political squables.

The very election cycle hangs over us like a sword. The media can be patient-they look forward to having even more power-the corporations are assured of profits. Only the petty taxpayer will suffer under the burden. Our Mandarins are secure-the government bureacrats, educational administrators & teachers, even petty government employees ( including state & county ), are assured of full employment. Many of these groups will remain in unions & all are certain to vote in mass FOR the power structure which grows their legions, feeds their benefits & assures their positions in the multitude of governmental institutions. Alarming it is to see the only fresh, new structures in the most impoverished communities, are the schools ( in which almost no one is truly educated ), the hospitals ( filled by criminal aliens ), and the prisons ( which may conrtain populations of 30% or more criminal aliens ).

Only the few hundred thousand ( or perhaps a few million ) who seriously read the net, will KNOW what is happening. The matador holds forth a red cape of terror & the masses charge.

"The War does indeed have many facets; http://aztlan.net/ Look at your enemy."

[Pan_Yans Wife]

Doesn't G.H.W.Bush also have close ties with the Chinese, dating back to before his presidency?

[Willie Green]

The company has said its goal is to become a leading manufacturer of integrated circuits and other semiconductor products, according to the report.

Another area of the transcript deals with Bush's contract with one of China's major semiconductor firms, Grace Semiconductor Manufacturing Corp. of Shanghai. The giant conglomerate, one of mainland China's major firms, is backed by Jiang Mianheng, the son of former Chinese President Jiang Zemin. The contract is expected to bring Bush $2 million in stock over five years.

Brown seemed incredulous as to why Grace would retain Bush. "You have absolutely no educational background in semiconductors do you?" he asked in the March 4 deposition.

"That's correct, " Bush responded.

"And you have absolutely over the last 10, 15, 20 years not a lot of demonstrable business experience that would bring about a company investing $2 million in you, " Brown asked.

"I personally would object to the assumption that they're investing $2 million in me, " Bush answered.

source

[Trust but Verify]

Puh-leeze. China is not 'the enemy'.

[Dog Gone]

Perhaps Neil Bush will do for the Chinese what he did to Silverado Savings.

[Allegra]

I guess being the brother of a President means you aren't allowed to be a businessman. If there's nothing illegal, what's the problem?

Exactly. They're grasping at straws.

I managed logistics for the construction of three petrochemical plants in China a couple of years ago and had to go over there.

Does that mean I should be under suspicion too?

:eyeroll:

[chudogg]

Come on, owning one share of a company that is a subsidiary of German company, and being honory chairman of that subsidiary, and only connection to the Germans was a guy who turned on the Nazis and went to the Concentration camps because of it, IS NOT BEING IN BED WITH THE NAZIS!

HE OWNED ONE SHARE! HE DID NOT MAKE MILLIONS! STOP GETTING YOUR INFO FROM DU!

[Willie Green]

Plenty more available with doing a google search.

A FR archive search produces a lot of background information as well.

Bush, Silverado, MDC
Former Silverado executive pleads guilty in fraud case

[Consort]

If he's aiding and abetting capitalism in China, then....

[Trust but Verify]

Shame on you!

[Willie Green]

I guess being the brother of a President means you aren't allowed to be a businessman. If there's nothing illegal, what's the problem?

Well Neil has been banned from engaging in the banking industry, but that occurred before Dubya was POTUS.
Still, I find it disconcerting to think that perhaps the same sphere of influential cronies who were associated with Silverado are now chanting a mantra that our federal budget and trade deficits are "manageable" and nothing to worry about.

Sounds like the same snake oil to me. Only on a much larger scale.

[Trust but Verify]

And so you want Bush to tell all these 'cronies' who to be or not to be in business with?

[At _War_With_Liberals]

$400,000, twice the presidential compensation, for a "consulting" (aka-front for a no show job)?

Nah. Nothing suspicious. Move along.

[EGPWS]

If there's nothing illegal, what's the problem?

That's the problem....there isn't a problem, so one has to be generated, by some in the media, to the fullest extent.

[Willie Green]

Perhaps Neil Bush will do for the Chinese what he did to Silverado Savings.

Or perhaps Dubya will do to our own Treasury what Neil did for Silverado.
It's not as if their business contacts are totally independent and mutually exclusive, you know.

[LibertyAndJusticeForAll]

Apparently his uncle, Prescott Bush, is making money in China also.

http://www.usatoday.com/news/washington/2002/02/19/usat-prescott-bush.htm

[BlueNgold]

Go Pat Go

Your tag line tells me all I need to know, and therefore your comments do not warrant response. Don't sour grapes get to tasting pretty bad after a while? Or do you just get used to the permanent pucker?

[Willie Green]

And so you want Bush to tell all these 'cronies' who to be or not to be in business with?

I want Bush to pursue government policies that promote the peaceful, long term prosperity and national security of We the People of the United States of America.

I don't share his daddy's "vision" thing where "compassionate" global-corporatism is sovereign.

[Allegra]

Shame on you!

This was for an AMERICAN company.

I'm an unabashed capitalist. :-)

[CDHart]

"I for one do not shop at wall-mart"

Good for you. I avoid it as much as possible, but when Wal-Mart came into our rural area some years ago, they drove everybody else out. Then they raised their prices. Now they are the only option, unless we want to drive 40 miles. The only reason we have local grocery stores is that ours is not a super Wal-Mart -- not yet, anyway.

Carolyn

[EGPWS]

I want Bush to pursue government policies that promote the peaceful, long term prosperity and national security of We the People of the United States of America.

And, of course to you, pumping an extra $2M into our free enterprise system is out of the question if that money is foreign.

[Willie Green]

Your tag line tells me all I need to know, and therefore your comments do not warrant response.

Then why did you bother clicking on the "reply" button???

Lemme guess: you're just another flatulent bozo who can't resist launching personal attacks.

Take a hike.

[Ahban]

He did not refute your points, he just insulted you based on your tagline. I hope you can switch it to go Constitution Party go!

http://www.constitutionparty.com

The establishment media managed to slime the messenger (PJB) but the message is still an apt one.

[Trust but Verify]

What does what 'daddy' and Neil do have to do with the PResident? Do you have any control over what your father, brother, or any other family members do for a living?

[Sabertooth]

Puh-leeze. China is not 'the enemy'.

They don't believe that.

China's long-term aspirations are to become a regional hegemon in South Asia. They attempt to fill every post Cold War vacuum left by the contraction of American reach and the disintegration of the Soviet Union.

China is a hostile nation, whose interests don't coincide with ours.

[Willie Green]

Do you have any control over what your father, brother, or any other family members do for a living?

Influential connections have played only a minor role in my family's prosperity. So far, none of us have been able to secure a seat on a Board of Directors as an entry level position.

[Trust but Verify]

So far, none of us have been able to secure a seat on a Board of Directors as an entry level position.

Ah, so now we have it. Envy is a very unbecoming character flaw.

[Mulder]

I managed logistics for the construction of three petrochemical plants in China a couple of years ago and had to go over there. Does that mean I should be under suspicion too?

Did you have any knowledge of petrochemical plants, or did they just give you hundreds of thousands of dollars as a "consultant" like they gave to Neil Bush?

[Willie Green]

Envy is a very unbecoming character flaw.

It's only perceived that way by those who feel insecure in their unearned elevated status. For most people "envy" is merely another facet of the natural human motivation to improve one's own condition in life. Disdainful pride, gluttony, avarice and sloth are actually much more unbecoming.

[Mulder]

Comparing Bill Clinton and his family with George Bush and his family is like comparing turds to roses, IMO

Klinton was corrupt, no doubt about it.

But there are only two people that can do anything about that corruption right now: George Bush and John Ashcroft.

Why do you think they haven't prosecuted Clinton? Are they just stupid? Or do they know what he did, and simply aren't doing anything about it?

Under the law for us peasants, the latter is called "accessory after the fact" and "obstruction of justice".