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Bush Was Born Into Exceptional Wealth. Here's What We Know About the Fortune He's Leaving Behind
Yahoo! Finance ^ | December 3, 2018 | Brad Tuttle, Money

Posted on 12/04/2018 5:44:27 PM PST by 2ndDivisionVet

click here to read article


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To: Equine1952

A man who loved his country so much, he attempted to set up the United Nations as a power that could overrule the constitution.

No thanks, I’m glad the craphead is dead, and I pray his New World order cohorts (whether rich or poor) should soon follow.

He was a modern day Haman.


21 posted on 12/04/2018 7:09:47 PM PST by MrEdd (Caveat Emptor)
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To: Michael.SF.

https://www.nytimes.com/2018/12/02/opinion/george-hw-bush-maureen-dowd.html

Maureen Dowd had quite the “affair” with Poppy Bush. I like the way she writes. She talks about how in an earlier life she might have been a maid to HW. (Her grandmother, great-grandmother etc. were servants for the elites).

Maureen’s older brothers worked as pages in the Senate. Sorting mail, the one quipped “Prescott Bush - with a name like that you know that guy isn’t driving a bus.”


22 posted on 12/04/2018 7:11:29 PM PST by 21twelve (!)
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To: 2ndDivisionVet

Is that a picture of the failed Bay of Pigs operation it is that the Iran Contras?


23 posted on 12/04/2018 7:13:16 PM PST by Trump_vs_Evil_Witch (Meuller, Rosenstein,....co-conspirators to Obstruct Justice over Uranium One)
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To: 2ndDivisionVet

What a stupid article header. Bush Senior was emphatically not born into exceptional wealth. At his death in the early 1970’s, Prescott Bush was worth $3.5m. Even then, that wasn’t exceptional wealth. It was what a successful upper-middle class professional might bequeath to his heirs, but it wasn’t exceptional. When Bush Senior was born, Prescott Bush was 29, over 4 decades before he accumulated the $3.5m he left behind.

An excerpt from a biography of the Bushes:

https://www.nytimes.com/2008/02/01/books/chapters/1st-chapter-bush-tragedy.html
[The cheapness of the Bush men isn’t just an endearing comic trait. It reflects the reality that there has never been any large pool of capital on the Bush side of the family. Though he poor-mouthed preposterously, Prescott actually accumulated fairly little, and didn’t leave much behind.]


24 posted on 12/04/2018 7:18:15 PM PST by Zhang Fei (They can have my pitbull when they pry his cold dead jaws off my ass.)
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To: 2ndDivisionVet

Cripes. Like the article imparts, the Walker’s Point property in Maine sky rocketed in value and GHWB was paid mega-millions for the books he wrote.


25 posted on 12/04/2018 7:25:03 PM PST by onyx (JOIN 300 CLUB BY DONATING $34 MONTHLY! TRUMP'S WAY IS THE WINNING WAY! Saw)
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To: 2ndDivisionVet

The old man Bush’s grandfather worked for the Rockefellers. That says a lot about the Bushes.

W was paid around $30,000,000 in speaking fees from 2009-2015. The members of the Deep State never go away.

On another note post I wrote HW Bush was CIA director under JFK. It was Ford.


26 posted on 12/04/2018 7:32:53 PM PST by Terry Mross (On some threads it's best to go jst inraight up his seat. to the comments..)
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To: MagnoliaB

Starting when and ending when?


27 posted on 12/04/2018 7:35:20 PM PST by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: Trump_vs_Evil_Witch

[Are you familiar with the truth concerning Prescott Bush being a primary funding source of the NAZI war machine? ....Obviously, not!

Have you heard any of those rumors concerning post-WWII NAZI gold stolen from the Jews ending up is guess what family’s coffers?]


Prescott Bush left $3.5m to his heirs. That’s not a lot of dough. In reality, most assets seized by the Nazis ended up paying for the war. No surprise there.

The average person has no idea how expensive WWII was. It cost 50% of US production every single year for 4 years. 14m Americans served in that war out of a population of 140m. That’s almost 1 out of every 2 fighting-age men. Relative to today’s economy, that would be the equivalent of $42T. That’s not even counting the death benefits for 400K dead GI’s and the massive toll placed on millions of servicemen who came back with physical or mental disabilities.

Just how big is $42T relative to our net worth (assets - liabilities) today? It’s about 1/3 of the total number of $123T. Note that the majority of those assets is real estate, whereas war generally requires things like gold and other portable items.

The Germans struggled to match this because we had twice the population, and an economy as productive as theirs. So they sold everything they could lay their hands upon in order to feed the inferno they had started in Europe. There was no Nazi surplus for Prescott Bush to profit off. And the bank Brown Brothers operated for a German industrialist was seized by the Federal government without compensation.
https://en.wikipedia.org/wiki/Prescott_Bush
https://en.wikipedia.org/wiki/Fritz_Thyssen


28 posted on 12/04/2018 7:43:15 PM PST by Zhang Fei (They can have my pitbull when they pry his cold dead jaws off my ass.)
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To: Snickering Hound
Not surprising but what they left out was the fact that Bush Sr. headed out to Texas on his own and got his own start in the oil business by selling oil drilling equipment which then evolved into his forming his own oil company.

That sort of thing is a whole lot easier when one can tap into the connections and money his family had. I'm much more interested in the lives of people who made it big from humble beginnings.

29 posted on 12/04/2018 7:44:44 PM PST by KevinB (If I'm ever arrested, I'm switching parties.)
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To: Terry Mross

Yeh became cia director when his boss was found floating in the Potomac... two of his bosses were shot if you count Reagan... three if you count kennedy


30 posted on 12/04/2018 7:45:49 PM PST by willyd (I for one welcome our NSA overlords)
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To: onyx

[Like the article imparts, the Walker’s Point property in Maine sky rocketed in value and GHWB was paid mega-millions for the books he wrote.]


That’s true for just about every piece of real estate in the Northeast. A Brooklyn brownstone that sold for tens of thousands in the 1970’s is now worth a million dollars. That which was worth hundreds of thousands in the 1970’s is now worth many millions. That is principally how Trump became a billionaire.


31 posted on 12/04/2018 7:48:19 PM PST by Zhang Fei (They can have my pitbull when they pry his cold dead jaws off my ass.)
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To: BenLurkin

ignore him. in his last post, he was talking about bending spoons with his mind.


32 posted on 12/04/2018 7:50:44 PM PST by JohnBrowdie
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To: Zhang Fei

George HW Bush founded his own oil company and became a millionaire in his own right by 40. No doubt he had easy access to investment capital.

George HW Bush’s grandfather, George Herbert Walker, was a wealthy banker and investment manager, who helped organize the 1904 St. Louis World’s Fair, as well as rebuilding Madison Square Garden and the Belmont Race Track. He was in business with W. Averell Harriman, and arranged for him to take control of the Hamburg-Amerika Line. He also sat on the board of 11 large corporations, and Golf’s Walker Cup is named after him.

His son (George HW Bush’s uncle), was the founder and first owner of the NY Mets. The extended family is full of wealthy and influential patricians. George HW Bush’s great-great-great-grandfather Thomas Walker was a wealthy British slave trader. They have been among the wealthy business elite for many generations.


33 posted on 12/04/2018 7:53:41 PM PST by BeauBo
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To: Equine1952

Thank you. Out of all the negativity, it is good to hear someone respect him for what he did in his lifetime.


34 posted on 12/04/2018 7:56:23 PM PST by softengine
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To: KevinB

[That sort of thing is a whole lot easier when one can tap into the connections and money his family had.]


People in the Texas oil business are decidedly not Ivy League. UH, UT, Texas A&M and Rice are the major names in the biz, for the oilmen who even have college degrees. There were no connections worth tapping. They were risk-taking entrepreneurs rather than old money Brahmins. The one thing Bush had, Northeastern social graces, wasn’t something that Texans were particularly big on, given how so many Texas oilmen were descended from Confederates, and had a chip on their shoulder about Yankees.


35 posted on 12/04/2018 7:57:43 PM PST by Zhang Fei (They can have my pitbull when they pry his cold dead jaws off my ass.)
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To: MtnClimber

You’re right - it’d be almost impossible to ‘buy’ President Trump.

http://time.com/money/4041300/donald-trump-has-more-money-than-every-u-s-president-combined/

“In fact, a President Trump would not only be the richest president in U.S. history; he’d be richer than all previous U.S. president combined. (Their collective net worth adds up to only around $2.6 billon.)”


36 posted on 12/04/2018 8:00:19 PM PST by GOPJ (The enemy of the United States pays for drum circles at 'protests'. Watch for them.)
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To: willyd

They’re the elite and they all play the game. Ghw Bush tweeted a picture of him with his “friend” Bill Clinton. How could anyone be friends with a rapist?

He admitted he voted for Hillary. So he voted “blue” in his adopted “red” state. Doesn’t sound like he respected a majority of his fellow Texans. And I guarantee he didn’t support Cruz in the Senate primary.


37 posted on 12/04/2018 8:00:51 PM PST by Terry Mross (On some threads it's best to go jst inraight up his seat. to the comments..)
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To: Newbomb Turk
”We will never see another President who has served in the military.

Really? That is discouraging. When Latrell gave that speech at the GOP convention, I thought, ... This guy has a future in the GOP, and it is going to be big.
38 posted on 12/04/2018 8:01:40 PM PST by softengine
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To: shanover

I want to see the Iowa Hawk headline now

“Spoiled White Dude Passes.”


39 posted on 12/04/2018 8:14:41 PM PST by Freedom of Speech Wins
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To: Zhang Fei

Thanks for the info. You have a perspective on that world that I do not have.


40 posted on 12/04/2018 8:20:02 PM PST by KevinB (If I'm ever arrested, I'm switching parties.)
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