OILGATE.....Dubya's Whitewater

Chiefnj · 10-06-2000, 06:46 PM

Wow - a multi-zillion dollar independent prosecutor investigation could have a field day with Dubya's "business" dealings. Vanity Fair and the New York Times people are digging up some dirty dirt on the morally superior candidate. His boasts about "experience in the private sector" and the bottom line may come back to bite him. So how did Dubya turn a $50,000 trust fund into a million bucks? Hmmmm....let's see.

He used his family name to get folks to invest in his "oil business." His partner, Russ Walker, sez, "I used to tell people George and I had an oil company together. Not true. We had a dry hole company together."

Vanity Fair: Bush always structured deals so the bank was repaid and he himself did fairly well, even as his investors almost ivariably did poorly. In January 1982, Phillip Uzielli, a New York investor and Princeton classmate of James Baker, one of Bush's father's closest friends and Reagan's chief of staff, gave Bush a $1 million infusion for 10 per cent of his company, which as a whole was worth less than $4000,000. The last time Uzielli talked to an interviewer was in 1991, when he said he, "had lost a lot of money...Things were terrible."

His partner sez Dubya had a different set of people for every deal. Eventually, he ran out of fish to bilk and went out of "business."

NEW YORK TIMES: He rased a total of $4.67 million from limited partners to drill for oil, while his company returned only $1.55 million to his investors. Their losses were cushioned by tax write-offs of up to 70 per cent for "intangible drilling costs."

So thats how Dubya handles the bottom line. And this guy wants to run our country?<P>

Chiefnj · 10-06-2000, 06:48 PM

Oops - typo. that should read $400,000.

not $4000,000

KCWolfman · 10-06-2000, 06:53 PM

I thought there was nothing to Whitewater. Didn't we just spend millions of dollars to find out there was no "criminal" activity?!
- - - - - -
And on a related note...
WASHINGTON (Reuters) - Kenneth Starr's former spokesman in the Monica Lewinsky probe was found not guilty on Friday of criminal contempt of court for lying about his role in news leaks during President Clinton's impeachment trial.
The Justice Department had asked a federal judge to find that Charles Bakaly, the former spokesman for independent counsel Starr, be held in contempt for lying in a sworn court declaration when he denied that he leaked secret information to the New York Times.

"The court concludes that the government has not proved its charges beyond a reasonable doubt and therefore the court finds that Mr. Bakaly is not guilty of criminal contempt," Chief U.S. District Judge Norma Holloway Johnson said in a written ruling.

[This message has been edited by TheFly (edited 10-06-2000).]

Duck Dog · 10-06-2000, 07:23 PM

Dream on Duck.

In the high stakes, high return world of speculative drilling, this is commonplace.

What you (or Vanity Fair ~ great source btw)are leaving out is that there is a very good chance that the investors faired well with the tax wright-offs.

I have lived in Kansas, Oklahoma, and Texas just about my entire life and this sure sounds to me like normal business ~ but good try...

Luz
keep trying to defend your guys by claiming the other side 'is just as bad'...

[This message has been edited by Luzap (edited 10-06-2000).]

Larry Reed · 10-06-2000, 07:59 PM

Duck,
Nice take. Funny how when something comes up for the other side it can be dismissed as "nothing serious" but for us it is supposedly catastrophic.

I also enjoyed Senator McCain blasting his own party for trying to kill this Firestone bill and putting more people's lives in danger just because of the money they get from the automobile companies. But yet Republicans are always right I suppose, no matter what. At least that's what Rush and his ilk would have you believe... [img]http://www.ChiefsPlanet.com/ubb/smile.gif[/img]

Duck Dog · 10-06-2000, 08:16 PM

Moose,

Anybody can make up anything about anybody. You know this.

The fact is, of all the made up garbage spewed by the left, there have been few indictments and almost no convictions.

However, we're coming to the close of an administration that has literally set the record for indictments and convictions ~ all with a friendly Attorney General.

You can continue to keep your head in the sand, and you can continue to try and convince others, but it all comes out in the end ~ and your guys are exposed for what they are.

Luz
feeling slimey just discussing it...

[This message has been edited by Luzap (edited 10-07-2000).]

Larry Reed · 10-06-2000, 09:35 PM

Yes, they are exposed for what they are. Guys whose administration has reduced unemployment to an alltime low, increased the standard of living, and eliminated the deficit. And as the polls consistently show, that is what most Americans care about, despite the republican witch hunt. You guys can spew whatever garbage you want about how these guys suck and about how your guys have so called "integrity", it really does not wash. But hey, you got your opinion. More power to ya. [img]http://www.ChiefsPlanet.com/ubb/smile.gif[/img] [img]http://www.ChiefsPlanet.com/ubb/biggrin.gif[/img] [img]http://www.ChiefsPlanet.com/ubb/wink.gif[/img] [img]http://www.ChiefsPlanet.com/ubb/tongue.gif[/img]

[This message has been edited by Moose (edited 10-06-2000).]

ColoradoChief · 10-06-2000, 10:02 PM

Moose - You can thank Congress whenever you are ready.

Morphius
Knows where the real power is.

10-06-2000, 10:07 PM

Duck - Do you know that Gore not only has large holdings in Occidental Oil, but he actually supported their failure to pay the country of Bangledesh when several fires destroyed hundreds of villages there?

10-06-2000, 10:14 PM

To be honest, this crying about oil is just another partisan trick for the dems to scare you.

I pay 1.379 per gallon today. I paid 1.119 per gallon in 1982. That is an increase of less than 9% over almost 2 decades.

In 1982 I could have bought a NEW mid size car for $10,000. Using the same rate of inflation that car should be no more than $10,900 today - you can barely get a KIA for that, and even the pathetic Neons cost more than that.

A gallon of milk in 1982 was 1.49. Today it is over $2.00. At 9% it should only be 1.63.

Name anything mass used product that has increased only 9% over the last 20 years (not including electronics as they decrease in cost as technology advances).

Gasoline has been closely regulated and controlled by the govt since the 50's. If they are overcharging and attempting to gouge, then blame your current govt, right ALGORE?

[This message has been edited by KCWolfman (edited 10-06-2000).]

Chiefnj · 10-06-2000, 10:52 PM

Wow, Wolfman - how come your gas is so cheap? I pay $2 for regular and $2.20 for super. And the refinery is right across the Bay in Richmond - few transportation costs. I'm jealous....

Chiefnj · 10-06-2000, 11:42 PM

Luz - wouldn't you say that land speculation is a "high stakes" game in the same vein as oil speculation? That didn't seem to stop anybody from initiating a $60 million multi-year investigation. Don't say I didn't warn you about Oilgate.

Hey - D'ja ever wonder why Dubya makes so dang many verbal mistakes time and again? Says subliminable when he means subliminal? Tacular for tactical? Sez vile when he means viable? Turned "basis" into "basics" when he said "Reading is the basics of all learning." When referring to McCain said, "The senator...can't have it both ways. He can't take the high horse and then claim the low road."

Dyslexia runs in the family. The Barbara Bush Foundation grants monies to train teachers how to teach dyslexics. Nancy LaFevers, a Houston speech and language expert sez, "The errors you've heard Governor Bush make are consistant with dyslexia." Sue Horn, who has been diagnosing dyslexia for 25 years sez, "Bush is probably dyslexic, although he has probably never been diagnosed." Worse still, if this is the case, dyslexia and attention deficit disorder have a 30% crossover.

I sure hope Bush doesn't cause any international holocausts with his language problems. If he actually gets elected, lets just hope that he doesn't misuse the word "tactical" very often.

10-07-2000, 12:01 AM

First of all Duck, I live in Kansas City. Check with anyone else who lives here if you doubt me.

Secondly Premium does no more for your car than mid-grade. You are wasting your money.

Finally, you didnt address the point of either of my issues. Gore is in bed with the oil companies, too - at least Bush admits to his affiliation. And gasoline even at 1.899 (assuming that is the cost of low grade on the coast) is still in line with current inflation rates from the last huge jump in the 1970's to today.

Larry Reed · 10-07-2000, 01:30 AM

Morphius,
ROFLMAO.
I know it hurts to admit the truth that this administration actually accomplished some good things. Give the credit to whoever you want. Spin away. <P>

Misplaced_Chiefs_Fan · 10-07-2000, 03:16 AM

Moose,

I had to come out of hiding to respond to your take. It's simple, if you are going to focus on the economy as a basis for electing a President get your facts straight. The current economy has been on the upswing for nearly nine years. WHO was the President nine years ago? Check out the facts.

Now, if you choose to make your judgements based on the economy fine. However, the role of the President is not to assure that your bottle is kept full so that your nipple won't go flat. I prefer to make my judgements on our elected officials in this manner; who will most likely uphold the Constitution of the United States and assure it's citizens of continued freedoms to speak, posses, assemble, LIVE (there's a good one, live,) in a manner that they choose, as long is it in not in violation of anothers right, and if it does violate anothers right, to make sure justice is upheld. This is their job.

Now, re-read that last paragraph and if you believe ANY part of it there is only one VIABLE choice in this election. (Key word, viable.) The opposition has demonstrated for nearly eight years their inability to govern in accordance with that philosophy.

In closing, there is a word for those who look to a higher controlling authority for their physical well being, it's called a socialist, wear the title proudly my friend.

[This message has been edited by Kurt Surber (edited 10-07-2000).]

10-06-2000, 06:46 PM	Topic Starter
Chiefnj MVP Join Date: Aug 2000 Location: Willis, Harris and Davis. Casino cash: $10004900	Wow - a multi-zillion dollar independent prosecutor investigation could have a field day with Dubya's "business" dealings. Vanity Fair and the New York Times people are digging up some dirty dirt on the morally superior candidate. His boasts about "experience in the private sector" and the bottom line may come back to bite him. So how did Dubya turn a $50,000 trust fund into a million bucks? Hmmmm....let's see. He used his family name to get folks to invest in his "oil business." His partner, Russ Walker, sez, "I used to tell people George and I had an oil company together. Not true. We had a dry hole company together." Vanity Fair: Bush always structured deals so the bank was repaid and he himself did fairly well, even as his investors almost ivariably did poorly. In January 1982, Phillip Uzielli, a New York investor and Princeton classmate of James Baker, one of Bush's father's closest friends and Reagan's chief of staff, gave Bush a $1 million infusion for 10 per cent of his company, which as a whole was worth less than $4000,000. The last time Uzielli talked to an interviewer was in 1991, when he said he, "had lost a lot of money...Things were terrible." His partner sez Dubya had a different set of people for every deal. Eventually, he ran out of fish to bilk and went out of "business." NEW YORK TIMES: He rased a total of $4.67 million from limited partners to drill for oil, while his company returned only $1.55 million to his investors. Their losses were cushioned by tax write-offs of up to 70 per cent for "intangible drilling costs." So thats how Dubya handles the bottom line. And this guy wants to run our country?<P>
Posts: 6,811

10-06-2000, 06:48 PM	#2
Chiefnj MVP Join Date: Aug 2000 Location: Willis, Harris and Davis. Casino cash: $10004900	Oops - typo. that should read $400,000. not $4000,000
Posts: 6,811

10-06-2000, 06:53 PM	#3
KCWolfman Fall down 7 times, get up 8 Join Date: Aug 2000 Casino cash: $10004900	I thought there was nothing to Whitewater. Didn't we just spend millions of dollars to find out there was no "criminal" activity?! - - - - - - And on a related note... WASHINGTON (Reuters) - Kenneth Starr's former spokesman in the Monica Lewinsky probe was found not guilty on Friday of criminal contempt of court for lying about his role in news leaks during President Clinton's impeachment trial. The Justice Department had asked a federal judge to find that Charles Bakaly, the former spokesman for independent counsel Starr, be held in contempt for lying in a sworn court declaration when he denied that he leaked secret information to the New York Times. "The court concludes that the government has not proved its charges beyond a reasonable doubt and therefore the court finds that Mr. Bakaly is not guilty of criminal contempt," Chief U.S. District Judge Norma Holloway Johnson said in a written ruling. [This message has been edited by TheFly (edited 10-06-2000).]
Posts: 15,469

10-06-2000, 07:23 PM	#4
Duck Dog Reap the whirlwind Join Date: Aug 2000 Location: Olathe Casino cash: $10004900	Dream on Duck. In the high stakes, high return world of speculative drilling, this is commonplace. What you (or Vanity Fair ~ great source btw)are leaving out is that there is a very good chance that the investors faired well with the tax wright-offs. I have lived in Kansas, Oklahoma, and Texas just about my entire life and this sure sounds to me like normal business ~ but good try... Luz keep trying to defend your guys by claiming the other side 'is just as bad'... [This message has been edited by Luzap (edited 10-06-2000).]
Posts: 8,902

10-06-2000, 07:59 PM	#5
Larry Reed Starter Join Date: Aug 2000 Location: Flint, Mi, USA Casino cash: $10004900	Duck, Nice take. Funny how when something comes up for the other side it can be dismissed as "nothing serious" but for us it is supposedly catastrophic. I also enjoyed Senator McCain blasting his own party for trying to kill this Firestone bill and putting more people's lives in danger just because of the money they get from the automobile companies. But yet Republicans are always right I suppose, no matter what. At least that's what Rush and his ilk would have you believe... [img]http://www.ChiefsPlanet.com/ubb/smile.gif[/img]
Posts: 84

10-06-2000, 08:16 PM	#6
Duck Dog Reap the whirlwind Join Date: Aug 2000 Location: Olathe Casino cash: $10004900	Moose, Anybody can make up anything about anybody. You know this. The fact is, of all the made up garbage spewed by the left, there have been few indictments and almost no convictions. However, we're coming to the close of an administration that has literally set the record for indictments and convictions ~ all with a friendly Attorney General. You can continue to keep your head in the sand, and you can continue to try and convince others, but it all comes out in the end ~ and your guys are exposed for what they are. Luz feeling slimey just discussing it... [This message has been edited by Luzap (edited 10-07-2000).]
Posts: 8,902

10-06-2000, 09:35 PM	#7
Larry Reed Starter Join Date: Aug 2000 Location: Flint, Mi, USA Casino cash: $10004900	Yes, they are exposed for what they are. Guys whose administration has reduced unemployment to an alltime low, increased the standard of living, and eliminated the deficit. And as the polls consistently show, that is what most Americans care about, despite the republican witch hunt. You guys can spew whatever garbage you want about how these guys suck and about how your guys have so called "integrity", it really does not wash. But hey, you got your opinion. More power to ya. [img]http://www.ChiefsPlanet.com/ubb/smile.gif[/img] [img]http://www.ChiefsPlanet.com/ubb/biggrin.gif[/img] [img]http://www.ChiefsPlanet.com/ubb/wink.gif[/img] [img]http://www.ChiefsPlanet.com/ubb/tongue.gif[/img] [This message has been edited by Moose (edited 10-06-2000).]
Posts: 84

10-06-2000, 10:02 PM	#8
ColoradoChief Veteran Join Date: Aug 2000 Location: Fort Collins, CO Casino cash: $10004900	Moose - You can thank Congress whenever you are ready. Morphius Knows where the real power is.
Posts: 2,876

10-06-2000, 10:07 PM	#9
AustinChief Guest Casino cash: $	Duck - Do you know that Gore not only has large holdings in Occidental Oil, but he actually supported their failure to pay the country of Bangledesh when several fires destroyed hundreds of villages there?
Posts: n/a

10-06-2000, 10:14 PM	#10
AustinChief Guest Casino cash: $	To be honest, this crying about oil is just another partisan trick for the dems to scare you. I pay 1.379 per gallon today. I paid 1.119 per gallon in 1982. That is an increase of less than 9% over almost 2 decades. In 1982 I could have bought a NEW mid size car for $10,000. Using the same rate of inflation that car should be no more than $10,900 today - you can barely get a KIA for that, and even the pathetic Neons cost more than that. A gallon of milk in 1982 was 1.49. Today it is over $2.00. At 9% it should only be 1.63. Name anything mass used product that has increased only 9% over the last 20 years (not including electronics as they decrease in cost as technology advances). Gasoline has been closely regulated and controlled by the govt since the 50's. If they are overcharging and attempting to gouge, then blame your current govt, right ALGORE? [This message has been edited by KCWolfman (edited 10-06-2000).]
Posts: n/a

10-06-2000, 10:52 PM	#11
Chiefnj MVP Join Date: Aug 2000 Location: Willis, Harris and Davis. Casino cash: $10004900	Wow, Wolfman - how come your gas is so cheap? I pay $2 for regular and $2.20 for super. And the refinery is right across the Bay in Richmond - few transportation costs. I'm jealous....
Posts: 6,811

10-06-2000, 11:42 PM	#12
Chiefnj MVP Join Date: Aug 2000 Location: Willis, Harris and Davis. Casino cash: $10004900	Luz - wouldn't you say that land speculation is a "high stakes" game in the same vein as oil speculation? That didn't seem to stop anybody from initiating a $60 million multi-year investigation. Don't say I didn't warn you about Oilgate. Hey - D'ja ever wonder why Dubya makes so dang many verbal mistakes time and again? Says subliminable when he means subliminal? Tacular for tactical? Sez vile when he means viable? Turned "basis" into "basics" when he said "Reading is the basics of all learning." When referring to McCain said, "The senator...can't have it both ways. He can't take the high horse and then claim the low road." Dyslexia runs in the family. The Barbara Bush Foundation grants monies to train teachers how to teach dyslexics. Nancy LaFevers, a Houston speech and language expert sez, "The errors you've heard Governor Bush make are consistant with dyslexia." Sue Horn, who has been diagnosing dyslexia for 25 years sez, "Bush is probably dyslexic, although he has probably never been diagnosed." Worse still, if this is the case, dyslexia and attention deficit disorder have a 30% crossover. I sure hope Bush doesn't cause any international holocausts with his language problems. If he actually gets elected, lets just hope that he doesn't misuse the word "tactical" very often.
Posts: 6,811

10-07-2000, 12:01 AM	#13
AustinChief Guest Casino cash: $	First of all Duck, I live in Kansas City. Check with anyone else who lives here if you doubt me. Secondly Premium does no more for your car than mid-grade. You are wasting your money. Finally, you didnt address the point of either of my issues. Gore is in bed with the oil companies, too - at least Bush admits to his affiliation. And gasoline even at 1.899 (assuming that is the cost of low grade on the coast) is still in line with current inflation rates from the last huge jump in the 1970's to today.
Posts: n/a

10-07-2000, 01:30 AM	#14
Larry Reed Starter Join Date: Aug 2000 Location: Flint, Mi, USA Casino cash: $10004900	Morphius, ROFLMAO. I know it hurts to admit the truth that this administration actually accomplished some good things. Give the credit to whoever you want. Spin away. <P>
Posts: 84

10-07-2000, 03:16 AM	#15
Misplaced_Chiefs_Fan I am Number Six Join Date: Aug 2000 Location: Columbia, MD, USA Casino cash: $1939000	Moose, I had to come out of hiding to respond to your take. It's simple, if you are going to focus on the economy as a basis for electing a President get your facts straight. The current economy has been on the upswing for nearly nine years. WHO was the President nine years ago? Check out the facts. Now, if you choose to make your judgements based on the economy fine. However, the role of the President is not to assure that your bottle is kept full so that your nipple won't go flat. I prefer to make my judgements on our elected officials in this manner; who will most likely uphold the Constitution of the United States and assure it's citizens of continued freedoms to speak, posses, assemble, LIVE (there's a good one, live,) in a manner that they choose, as long is it in not in violation of anothers right, and if it does violate anothers right, to make sure justice is upheld. This is their job. Now, re-read that last paragraph and if you believe ANY part of it there is only one VIABLE choice in this election. (Key word, viable.) The opposition has demonstrated for nearly eight years their inability to govern in accordance with that philosophy. In closing, there is a word for those who look to a higher controlling authority for their physical well being, it's called a socialist, wear the title proudly my friend. [This message has been edited by Kurt Surber (edited 10-07-2000).]
Posts: 6,567