Jeb Bush announces on local news that he is running for President. - TopicsExpress



          

Jeb Bush announces on local news that he is running for President. But here is JEB BUSH HISTORY: Beginning with John Jeb Bush, now governor of Florida, we find that he assisted Miguel Recarey, a fugitive now living in Spain, to steal over $200 million from International Medical Centers, the HMO Recarey owned, by using Jebs fathers influence to acquire a waiver for the HMO of the standard rule of 50-50 (meaning that at least 50% of an HMOs clients cannot be Medicare patients but must be full paying clients). This theft left 150,000 elderly Americans without medical coverage. Oh, and by the way, Recarey had paid Jeb Bushs company a $75,000 real-estate consultant fee. All totaled, Recarey embezzled over $1 billion in Medicare funds through false billings and outright theft. All of this occurred even though Leon Weinstein, a low-level HHS (Health and Human Resources, the agency responsible for Medicare payments), had been warning his superiors that IMC had been acting illegally since 1977. Even in 1983, his warnings were again ignored when he presented his superiors with undeniable documentation. It wasnt until 1986, when Weinstein took his case to Congressmen Barney Frank (D-NY) and Pete Stark (D-CA), that anyone would listen to his evidence. These two Congressmen initiated investigative hearings into the scandal. As the hearings went on, it was learned that Recarey was also being investigated for bribing union officials in order to get a larger membership of non-Medicare patients, had been indicted on illegal wiretapping charges and was even refunded $2.2 million from the IRS the very same day the he boarded a flight out of the country.(2, 3) During his fathers second campaign for the Vice-presidency, Jeb and his partner, Armando Codina, received a loan to purchase an office building from Broward Federal Savings in Sunrise, Florida. By late 1988, federal regulators found that the loan was in default. Finding themselves faced with the choice of either charging the Vice-Presidents son with a felony or publicly forcing Jeb and his partner to fully repay the loan during the elder Bushs campaign for the Presidency, they hit upon a rather clever third option. The regulators simply reappraised the building for $500,000, which Bush and Codina promptly paid and the default was lifted. The American taxpayer, of course, picked up the $4 million difference when Broward Federal Savings went bankrupt later that year. Jebs rather lame excuse for the fiasco that cost taxpayers millions? He and his partner were victims of circumstances. Jeb has also been deeply associated with one Camilo Padera. Padera had been indicted for looting another S&L, Jefferson Savings & Loan Association in McAllen, Texas, in 1982, but had the charges dropped when the CIA informed the FBI that Padera was to be cleared and his entire case forgotten. Later, Padera went on to defraud Housing and Urban Development of millions of dollars by, for instance, borrowing millions of dollars to build office buildings in Miami at a time when hundreds of offices already stood vacant in other buildings. Nevertheless, old Jeb hired on with Padera to find tenants for an empty, HUD financed office building. Who do you think old Jeb found to occupy nearly every empty office in Paderas building? None other that IMC, owned by Miguel Recarey. Jeb also was instrumental in a case where another of his friends, Manny Diaz, received a $1.72 million contract with the state of Florida to landscape 113 miles of freeway, even though Diaz had absolutely no experience in highway landscaping. Diaz, as Jeb undoubtedly knew, had been a long time confident of Charles Keating, the president and chief looter of Lincoln Savings and Loan. Keating had even transferred a large parcel of Phoenix real estate that he owned to Diazs name for just $1 and transferred his $2 million mansion on the island of Cat Cay in the Bahamas to Diaz just days before Keating filed for personal bankruptcy. And, finally, lets not forget Jebs recent troubles when his wife tried, unsuccessfully, to hide over $19,000 in purchases she brought from Paris, but which was discovered by custom officials who forced her to pay the required fees and taxes. Just as an obvious question, though, if you or I had tried so overtly to violate a federal law, would we have been sent home after paying up?(4)
Posted on: Tue, 08 Apr 2014 04:11:02 +0000

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