This article first appeared online at TheNewAmerican.com on Thursday, April 16, 2015:
Revelations from the International Business Times (IBT) that Jeb Bush helped move billions of dollars of Florida’s pension plans to insider investment firms while he was governor are only going to make it more difficult for him to persuade rank-and-file Republicans that he has their best interests at heart.
Bush himself is a wealthy man with a net worth, back in 2007, of $1.3 billion. Since then he has been paid millions in the private sector while serving on various boards of directors and giving more than 100 speeches at $50,000 a pop.
But in order to have a shot at the White House he is going to have to touch his network of insiders. And that network is vast and far-reaching, thanks not only to connections he made while dishing out financial favors during his term as Florida’s governor but to his family’s connections as well.