The family that has made millions in numerous dealings with communist China has had no qualms about appearances of impropriety. From Uncle Prescott
closing speculative business deals while the US was damning the Tieneman Square massacre AND the illegal holding of our spy plane & crew, to the
covert access to this president by former president Jiang Zemin.
Remember, Neil orchestrated one of the biggest thefts in American via the Silverado Savings & Loan collapse, which cost Americans $1 Billion
( thanks to his father being the sitting president at the time, he paid a paltry $50K fine for being on the board of directors AND having
ongoing business dealings with two of the bank's largest debtors). So it's with some obvious confusion that Jiang Mianheng, son of Jiang Zemin,
would find Neil's expertise now expanded dramatically enough to offer him a $2 million dollar
consulting contract to "counsel" his business,
Grace Semiconductor. His CONTRACT
also included options.
Neil is now positioned to bring Ignite, his software company funded by folks like Jiang & Winston Wong, public. While the rest of us here in the
business world would love to have that type of environment back that had investors falling over themselves to fund innovation, that type of
environment is sadly long gone. Unless you're Neil. Then, the timing couldn't be better.....what with your brother being president and pushing
through "No Child Left Behind".
Let me explain: Neil Bush's company sells software to prepare students to take comprehensive tests required under "No Child Left Behind." Schools
that fail the tests will face termination of federal assistance. The contracts for these test programs are very lucrative. Ignite is currently running
a pilot program at a Middle School in Orlando
Florida--where Neil's brother Jeb is governor. The company hopes to sell the software throughout Florida at $30 per pupil per year.
In mid-February, Houston
school board members unanimously agreed to
accept $115,000 in charitable donations that would be funneled to Ignite. The Houston Independent School District trustees had initially delayed a
vote on the matter in December, saying they were concerned that Bush's Austin-based company might be benefiting from his family name. But in
February, the nine board members approved the funding without discussion.
So we have a key federal policy put in place by one brother, a test bed offered for ownership by another brother, and Neil coming in the backdoor. The
future generations of this country will have such colorful lesson to review on the time period we're living through now.
Or not. They did manage to keep the elder Bush generation's complicity in death camp building and overall Nazi financial support quiet for most of
the last century from the general public.