Poor George! He just can’t seem to stay out of the headlines! Today, reported in the Tribune, it seems George P Bush, embattled General Land Office Commissioner, is now accused of owning a secret mansion, carefully kept off the books both geographically and financially. Of course, when I say he owns it, I mean a family trust owns it, paid for with a loan from a campaign donor’s bank.
So, how is this a problem? Well, the appearance of it is problematic by itself: The Bush family using its political connections to financially benefit one of their own. However, the secrecy with which it was handled may actually be… illegal. The Tribune weighed in:
Under Texas law, candidates must disclose a “beneficial interest” in real estate, along with any loans over $1,000. But it’s not clear if those obligations apply to the kind of trust the Bushes set up. Bush aides say they don’t, and an official at the Texas Ethics Commission said the agency apparently has not yet encountered this type of scenario.
Naturally, Bush cites death threats as the reason for being secretive, and his people were quick to dismiss the story’s conjecture of wrong-doing while …
Read more at the Texian Partisan
(The opinions in this article are the opinions of the author and do not necessarily represent the views of Southern Nation News or SN.O.)