DFW Mustangs    

Go Back   DFW Mustangs > General > God and Country

God and Country Politics and Religion

Reply
 
Thread Tools Display Modes
Old 01-01-2015, 09:17 AM   #1
Sgt Beavis
Lifer
 
Sgt Beavis's Avatar
 
Join Date: Jul 2002
Location: Erie, CO
Posts: 15,671
Default Pretty much all but official... Jeb Bush is running..

He just resigned from all corporate and non profit director boards. The only reason he can have for that is to prepare for a new run for office...

http://www.washingtonpost.com/politi...cd7_story.html

Quote:
Former Florida governor Jeb Bush, moving closer to a possible presidential run, has resigned all of his corporate and nonprofit board memberships, including with his own education foundation, his office said late Wednesday night.

He also resigned as a paid adviser to a for-profit education company that sells online courses to public university students in exchange for a share of their tuition payments.

Bush’s New Year’s Eve disclosure, coming in an e-mail from an aide to The Washingotn Post, culminated a string of moves he has made in recent days to shed business interests that have enriched him since leaving office in 2007. The aide said the resignations had been made “effective today.”

The aide said Bush was reviewing other businesses in which he is principal partner or owner, such as Jeb Bush & Associates, a consulting firm, and Britton Hill Partnership, a business advisory group that in 2013 set up private-equity funds investing in energy and aviation.

Aides said Bush wants to devote his time to exploring a return to politics rather than pursuing his business commitments. But separating himself from those interests now could also be a strategic attempt to prepare for the added scrutiny of a hotly contested campaign for the Republican nomination.

Bush’s financial stake in Academic Partnerships, the online education firm, has been relatively small for a millionaire — a $60,000-a-year fee and ownership of a small amount of stock, said Randy Best, the company’s founder and chief executive. Even so, Bush’s affiliation with the firm — which has contracts with schools in a half-dozen states and several foreign countries and has annual sales of $100 million — could complicate his effort to promote his record as an education reformer.

The company receives up to 70 percent of the tuition some students pay to public universities, and some faculty members say it siphons money from the schools while asserting too much control over academic decisions.

Best, a Texas entrepreneur and major political donor, said his firm has increased professors’ access to online students and helped schools attract additional revenue, while Bush aides say the former governor does not have business interests related to K-12 education, which has been his policy focus.


Bush’s decision to extricate himself from his private-sector work is “part and parcel of a process he is going through as he transitions to focus on a potential run for president,” said his spokeswoman, Kristy Campbell. “This is a natural next step that will allow him to focus his time on gauging interest for a potential run.”

The effort underscores the lengths to which Bush — who has become the favorite prospective candidate of many major GOP donors and has been at or near the top of polls testing the possible Republican presidential field — appears willing to go to avoid pitfalls that hurt the party in 2012. That year, GOP nominee Mitt Romney, founder of a private-equity fund, struggled to explain his business background while under attack by GOP rivals and President Obama.

Bush, 61, lamented Romney’s handling of the criticism in an interview recently with Miami’s WPLG-TV. Bush said the 2012 nominee allowed himself to be pulled “off message” and should have told voters: “I’m a problem-solver. My life has been about building things up.”

Of his own business record, Bush said: “I’m not ashamed. Taking risk and creating jobs is something we ought to have more of.”

Bush’s business portfolio is far smaller than that of Romney, whose Bain Capital became one of the country’s most successful private-equity firms. Yet it is complicated and could present political problems because he has been affiliated with a broad range of industries and businesses.

Bush announced recently that he was ending his consulting relationship with Barclays, the British investment-banking conglomerate. The New York Times reported in May that the company paid Bush more than $1 million a year.

The bank, like other major Wall Street players, had been under scrutiny in recent years for alleged interest rate manipulations and for allegedly providing special benefits to big traders.

Recent Securities and Exchange Commission filings revealed that Bush was leaving the boards of two publicly traded firms: Rayonier, which invests in forest lands, and Tenet Healthcare, which backed Obama’s health-insurance initiative and profited from its passage.


From Tenet, Bush has received nearly $2.1 million in director’s fees and restricted company stock since joining the board in 2007. The filings show that he sold some of his Tenet stock through the years. A March 14, SEC report showed that Bush held 59,403 shares of Tenet stock valued at the time at just over $3  million.

Academic Partnerships stood out in Bush’s business portfolio because it allowed him to combine a public policy issue he cared about with a business investment.

Bush’s reputation as an school reformer stems from his work on K-12 education as governor and as the head of his Foundation for Excellence in Education. He has been an advocate for online learning as a tool to expand opportunities for students.

While Bush’s association with the company began several years after he left office, Best contacted him about a possible business partnership before his departure from Tallahassee. The Texas businessman had connections to the Bush family, having raised money for the successful presidential campaigns of Bush’s older brother, George W. Bush.

After the two men met, Best sent Bush an e-mail in April 2005 touting a “huge global business opportunity” that could come from a “post-secondary initiative” he said they had previously discussed. He said he hoped Bush found the idea “intriguing.”

“If you are interested, let’s continue our discussions as you begin to think about returning to the private sector after you leave office,” Best wrote in the e-mail, which was obtained by The Post as part of a public-records request.

Bush responded that he had “pledged to myself to focus on my job until it is complete. I think I have a duty to do so.”

“Having said that,” Bush continued, “I think your vision is outstanding.”

Best said in an interview that he approached Bush at the time because he had heard that the governor might be looking for opportunities in the private sector. “I tried to get him in the water early,” Best said.

Years later, Best said, Bush was drawn to the firm because he has long been “intrigued by innovation in education,” particularly the goal of “bringing down the cost of higher education while maintaining quality.”

In his capacity as an adviser, Bush was “available to run ideas by and discuss concepts” as the firm expanded, Best said.

He said Bush helped preside over two conferences on the future of education hosted by the firm. Bush and former North Carolina governor Jim Hunt (D) helped draw a high-powered lineup of speakers, including Hillary Rodham Clinton, the likely Democratic presidential front-runner, who addressed a March meeting on global education.

A 2012 report by the Texas Tribune said the company received $105 million in revenue from 24 public colleges and universities, including eight in Texas. Forbes magazine reported in 2013 that the company had contracts with 40 U.S. schools.

Bush and Best wrote a 2013 article for Inside Higher Ed predicting that online classes would make higher education more accessible. “Companies like ours — Academic Partnerships — are helping universities respond to this transformative movement,” they wrote.

On some campuses, however, faculty members have viewed the arrival of Academic Partnerships with suspicion.

When the company arrived at Arkansas State University in 2011, for instance, faculty members were concerned “about a loss of quality and control,” said Jack Zibluk, a professor of media studies who headed the faculty senate at the time. Additional controversy erupted, he said, when some school officials involved in negotiations with the company later landed jobs with an affiliated firm.

Experts said that whether to do business with a contractor such as Academic Parternships remains a subject of great debate for university administrators.

“I don’t question whether firms like Academic Partnerships do quality work,” said Barbara Bichelmeyer, who directs online education for the seven campuses of Indiana University, which has chosen not to outsource its online learning programs. “The question we are engaging is about the ownership of the online educational experience — and whether a public institution is comfortable outsourcing this work in whole or in part.”

Best said that academicians’ concerns about his company — and online education generally — have largely diminished.

“It just increased their access to online students,” he said. The additional tuition received by schools “is revenue they would never have otherwise.”

Best said Bush called his cellphone Dec. 16, after announcing plans to explore a presidential bid, to let him know that he planned to resign from the company. Best said he plans to support Bush’s candidacy.

“He is the closest thing we have to a bipartisan candidate” who takes principled stands on tough issues such as immigration and education, Best said. “He is not going to be a person who responds to the polls or every change in the political winds.”

Alice Crites contributed to this report.
Sgt Beavis is offline   Reply With Quote
Old 01-01-2015, 12:39 PM   #2
talismans
On Walkabout
 
talismans's Avatar
 
Join Date: May 2002
Posts: 59,463
Default

Uhg.
talismans is offline   Reply With Quote
Old 01-01-2015, 12:56 PM   #3
inline 6
IN GOD WE TRUST
 
inline 6's Avatar
 
Join Date: Aug 2001
Posts: 7,714
Default

3rd bush is a charm?
__________________
inline 6 is offline   Reply With Quote
Old 01-01-2015, 01:33 PM   #4
Sean88gt
Avenge Me!
 
Sean88gt's Avatar
 
Join Date: Sep 2000
Posts: 46,502
Default

Doubtful. Solid coin for some low stress positions.
Sean88gt is offline   Reply With Quote
Old 01-01-2015, 01:57 PM   #5
Trip McNeely
DRILL BABY, DRILL!!!
 
Trip McNeely's Avatar
 
Join Date: Mar 2004
Location: Pittsburgh, PA
Posts: 38,011
Default

Fuck no.
Trip McNeely is offline   Reply With Quote
Old 01-01-2015, 02:58 PM   #6
YALE
Lifer
VIP Member
 
YALE's Avatar
 
Join Date: Sep 2003
Location: Qin
Posts: 30,434
Default

Y'all are gonna be on his dick as soon as Hillary gets the democratic nomination.
__________________
ZOMBIE REAGAN FOR PRESIDENT 2016!!! heh
YALE is offline   Reply With Quote
Old 01-01-2015, 03:09 PM   #7
LANTIRN
Lifer
 
LANTIRN's Avatar
 
Join Date: Mar 2011
Posts: 4,843
Default

Quote:
Originally Posted by YALE View Post
Y'all are gonna be on his dick as soon as Hillary gets the democratic nomination.
Him and Hillary should just run on a ticket together. It is very likely they are going to be the two nominees that make it to the election and at that point there is no difference between the two. Just like last time. Or the time before that. Or the time before that. Or.....ah fuck it.
__________________
I don't like Republicans, but I really FUCKING hate Democrats.


Sex with an Asian woman is great, but 30 minutes later you're horny again.
LANTIRN is offline   Reply With Quote
Old 01-01-2015, 03:17 PM   #8
Sean88gt
Avenge Me!
 
Sean88gt's Avatar
 
Join Date: Sep 2000
Posts: 46,502
Default

Quote:
Originally Posted by YALE View Post
Y'all are gonna be on his dick as soon as Hillary gets the democratic nomination.
That will create a conflict for a lot of people. Hillary with a dick, or without?
Sean88gt is offline   Reply With Quote
Old 01-01-2015, 03:29 PM   #9
Trip McNeely
DRILL BABY, DRILL!!!
 
Trip McNeely's Avatar
 
Join Date: Mar 2004
Location: Pittsburgh, PA
Posts: 38,011
Default

Jeb & Christie vs. Hillary & Warren. Lefty vs. extreme Lefty. I can see it now.
Trip McNeely is offline   Reply With Quote
Old 01-01-2015, 04:38 PM   #10
svauto-erotic855
I know everything, I'm older than you
VIP Member
 
svauto-erotic855's Avatar
 
Join Date: Nov 2010
Posts: 6,428
Default

Quote:
Originally Posted by LANTIRN View Post
Him and Hillary should just run on a ticket together. It is very likely they are going to be the two nominees that make it to the election and at that point there is no difference between the two. Just like last time. Or the time before that. Or the time before that. Or.....ah fuck it.
^^^^^^^^ Dead on the money dude.

I will vote in 2016 and not cast a vote for president before I will vote for Jeb.
__________________
Magnus, I am your father. You need to ask your mother about a man named Calvin Klein.
svauto-erotic855 is offline   Reply With Quote
Old 01-01-2015, 04:43 PM   #11
Sean88gt
Avenge Me!
 
Sean88gt's Avatar
 
Join Date: Sep 2000
Posts: 46,502
Default

Quote:
Originally Posted by svo855 View Post
^^^^^^^^ Dead on the money dude.

I will vote in 2016 and not cast a vote for president before I will vote for Jeb.
Did you just get back from New Haven? Or did Oxford fly you over?
Sean88gt is offline   Reply With Quote
Old 01-01-2015, 09:13 PM   #12
svauto-erotic855
I know everything, I'm older than you
VIP Member
 
svauto-erotic855's Avatar
 
Join Date: Nov 2010
Posts: 6,428
Default

Quote:
Originally Posted by Sean88gt View Post
Did you just get back from New Haven? Or did Oxford fly you over?

No; in general I try not to leave TX. I must be missing the joke.
__________________
Magnus, I am your father. You need to ask your mother about a man named Calvin Klein.

Last edited by svauto-erotic855; 01-01-2015 at 09:44 PM.
svauto-erotic855 is offline   Reply With Quote
Old 01-01-2015, 09:54 PM   #13
juiceweezl
Lifer
 
Join Date: May 2005
Posts: 6,683
Default

Quote:
Originally Posted by inline 6 View Post
3rd bush is a charm?
I remember my 3rd bush...
juiceweezl is online now   Reply With Quote
Old 01-02-2015, 10:30 AM   #14
SlowLX
Hookers and Flapjacks
 
SlowLX's Avatar
 
Join Date: May 2002
Posts: 10,701
Default

Quote:
Originally Posted by svo855 View Post
No; in general I try not to leave TX. I must be missing the joke.
He probably is insinuating that you're a fucking idiot and a liar. He's also probably implying that it is much more likely you spend your days getting high off your pool cleaning chemicals than scoring in the top percentile of the LSAT.
__________________
SlowLX is offline   Reply With Quote
Old 01-02-2015, 10:40 AM   #15
Roscoe
On a cow skin rug
 
Roscoe's Avatar
 
Join Date: Dec 2001
Posts: 16,698
Default

There's still hope for another GOP....
Roscoe is offline   Reply With Quote
Old 01-02-2015, 11:17 AM   #16
racrguy
Banned
 
racrguy's Avatar
 
Join Date: Jul 2003
Location: I am the Stig
Posts: 13,549
Default

Quote:
Originally Posted by slowlx View Post
he probably is insinuating that you're a fucking idiot and a liar. He's also probably implying that it is much more likely you spend your days getting high off your pool cleaning chemicals than scoring in the top percentile of the lsat.
loooooool!
racrguy is offline   Reply With Quote
Old 01-02-2015, 11:23 AM   #17
Chili
Joe Blow
 
Chili's Avatar
 
Join Date: May 1975
Location: Euless
Posts: 24,305
Default

One of the few times you will hear a man say he has had enough Bush for his lifetime.
Chili is offline   Reply With Quote
Old 01-02-2015, 11:28 AM   #18
Sean88gt
Avenge Me!
 
Sean88gt's Avatar
 
Join Date: Sep 2000
Posts: 46,502
Default

Quote:
Originally Posted by SlowLX View Post
He probably is insinuating that you're a fucking idiot and a liar. He's also probably implying that it is much more likely you spend your days getting high off your pool cleaning chemicals than scoring in the top percentile of the LSAT.
Pretty much. His poor attention to detail and recollection of tender sentiments is going to harm him when he attends Collin College School of Law.
Sean88gt is offline   Reply With Quote
Old 01-02-2015, 11:38 AM   #19
talismans
On Walkabout
 
talismans's Avatar
 
Join Date: May 2002
Posts: 59,463
Default

Quote:
Originally Posted by svo855 View Post
No; in general I try not to leave TX. I must be missing the joke.

You don't remember a conversation you were deeply involved in two weeks ago, which you mysteriously vanished from once your credibility was brought into question? Seems unlikely for someone with a brain capable of providing him with a near perfect LSTAT score.
talismans is offline   Reply With Quote
Old 01-02-2015, 12:35 PM   #20
Strychnine
UNFUCKWITHABLE
 
Strychnine's Avatar
 
Join Date: Feb 2003
Posts: 20,554
Default

Quote:
Originally Posted by SlowLX View Post
He probably is insinuating that you're a fucking idiot and a liar. He's also probably implying that it is much more likely you spend your days getting high off your pool cleaning chemicals than scoring in the top percentile of the LSAT.
Strychnine is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -6. The time now is 07:10 PM.



Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.