Jeb Bush in What A Party, by Terry McAuliffe


On Corporations: OpEd: Profited on Enron while FL lost $300M

How about Jeb Bush, the President's kid brother who invested in Enron before he became Florida governor and turned a profit on his personal $91,000 investment? Under his leadership as governor, the state's pension fund lost more than $300 million on Enron stock--that was the most any public pension fund in the country lost on Enron stock, and Florida, under Jeb, had to work at it. Even after the SEC had already announced in 2001 that Enron was under investigation, Florida--incredibly--kept investing in Enron.

Jeb was in effect the head of the 3-person state Board of Administration trustees who oversaw the pension fund and appointed its members. That made it Jeb's responsibility to protect that pension money, but he had other priorities.

Source: What A Party!, by Terry McAuliffe, p.316 Jan 23, 2007

On Principles & Values: OpEd: Delivered FL in 2004, by robbing blacks of their votes

Gore didn't just win the popular vote, he won the electoral college--if Florida had not been taken from us. Governor Jeb Bush had promised his brother he was going to deliver the state, no matter what, and he worked with the state's official vote counter, who also happened to be the Bush campaign's state chair, Secretary of State Katherine Harris, to back up his word. The Republicans pulled so many tricks to rob African Americans of their votes, it was a national scandal.

The bigger scandal was that even in the aftermath of Election Day, with the outcome hanging in the balance, we did not fight hard enough. Instead, we let the Republicans outwork us and out-organize us. We should have called immediately for a recount of the whole state, since that would have been fair to everyone and easy to explain. Instead, we let them steal it from us. To me that episode was the defining moment for our party in the last 25 years.

Source: What A Party!, by Terry McAuliffe, p. 11 Jan 23, 2007

The above quotations are from What A Party!
My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators, and Other Wild Animals
by Terry McAuliffe.
Click here for other excerpts from What A Party!
My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators, and Other Wild Animals
by Terry McAuliffe
.
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