"From the beginning of his presidency, Bush built on the legislative victories of the Reagan Revolution, spearheading wealth redistribution programs benefiting the corporate class — and his own family. In 1989, Bush bailed out the heavily deregulated Savings and Loan industry, to the tune of about $124.6 billion in taxpayer funded money. The New York Times later published a report detailing how Bush’s son Jeb had personally benefited from the bailout, noting that the federal government paid ​“more than $4 million to make good” on a loan Jeb had used to buy a Miami office building."
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Presidents of the United StatesPoliticians from TexasNon-fiction authors from the United StatesPoliticians from BostonUnited States presidential candidates, 1992
Original Language: English
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Sources
Rachel Johnson in George H.W. Bush Was an Enemy of the Working Class (5 December 2018)
https://en.wikiquote.org/wiki/George_H._W._Bush
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