"...I had to meet Alan Quasha, the owner of Brean Murray,
at an event they were throwing...
He had no idea who I was.
I certainly wasn’t anything like George W. Bush,
the man Quasha had personally saved in 1986.
...In 1986 Bush was CEO of some oil company that was going down in flames.
Possibly the worst oil company in Texas history.
Some calls were made and Quasha’s Harken Oil
bought Bush’s company for millions of dollars.
Then, of course, a few years later, Bush sold his shares in Quasha’s Harkin Oil
right before Harkin Oil announced a mega-loss and the stock tanked.
Bush used his profits to buy a stake in the Texas Rangers, s
old that stake later for 10-15 million dollars
and was finally able to follow his father’s sage advice
(“don’t go into politics until you get rich” ***).
...Alan Quasha had moved on.
Now I was being introduced to Terry Mcauliffe.
Terry was the Vice-Chairman of Brean Murray.
Terry was known in most circles as “Bill Clinton’s best friend”.
Terry raised the bulk of the money for the two Presidential campaigns
that Bill was in (the first, of course, where he crushed Bush, the Elder).
I’m guessing Terry also raised the money for all of Hillary’s political races.
...So there you have it.
The biggest mastermind in Republican politics,
the behind the scenes mover and shaker across the entire Bush family,
was Chairman of the company.
And the biggest mover-and-shaker in Democrat politics, was Vice Chairman.
The war of values, between Democracy and Republicanism that our founders had fought for,
had shed blood for, was over between them, if it ever even existed.
Screw “The Federalist Papers”! Let’s make some money!
You see why your vote is useless? Not only is it useless, it’s scary.
...Obama extended Bush’s tax cuts, kept Bush’s Secretary of Defense,
extended the wars in Afganistan and Iraq, didn’t close Guantanamo Bay,
and fought for a healthcare that’s now being disputed (and overturned) in every court in America.
What else has he done? I can’t think of it.
Planned Parenthood has less government funding now than under Bush.
Africa has less funding from the US than under Bush (in fact, Obama has bombed Africa / Libya).
...We fought so hard for beliefs we all thought we had and where do they all end up?
Where does it all congeal together right before it flushes down the toilet?
Answer:
One is Chairman and the other is Vice-Chairman of the same company.
They’re all laughing together. Slapping backs. Making Money.
They are laughing at you and me, my friend. The war is over for them.
We voted them all in there, they served their time,
and now they are minting money as if they own the printing press.
I watched Quasha and McCaulliffe laugh,
sitting next to each other when they used to pretend to be sitting so far apart.
*** Net worth of most recent Presidents and Vice-Presidents (according to celebritynetworth.com)
* Barack Obama: $5 million (will probably end up around a billion)
* George W. Bush: $26 million
* Bill Clinton $85 million (my guess is this is understated by about $50-100 million.)
* George H.W Bush: $15 million (I think this is understated by about a billion)
* And now the big question: Al Gore versus Dick Cheney? Democrats versus Republicans. The winner is….
* Al Gore, coming in at $300 million with Dick Cheney at $90 million (don’t forget Gore was an advisor to Google since 2001 and on the Board of Apple. He also manages a billion dollar “green fund”). Al Gore’s net worth in 2001: $1 million."
James Altucher
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