Former President George W. Bush is planning to attend a fundraiser for his brother Jeb Bush Wednesday in Dallas.
Republican sources are saying that the former president and former first lady Laura Bush are the special guests scheduled to appear with the former Florida governor, who is expected to announce in the coming weeks his candidacy for the 2016 Republican presidential nomination.
It would be the first time former President Bush — a former Texas governor — attended a fundraiser for his brother, who has aggressively been raising money from the GOP’s top donors for three months for a political action committee.
The news of the Dallas fundraiser came on the heels of Texas Sen. Ted Cruz’s Monday announcement that he would seek the 2016 Republican presidential nomination.
(AP)
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Teddy Roosevelt Was Snubbed By His Rich Harvard Classmates For Being Anti-Wall Street
Former President Teddy Roosevelt returned to Harvard for his 30th reunion and graduation in 1910– and as he entered the proceedings all his classmates including fellow Porcellian Club members turned their backs on him in unison. TR’s latest biographer Edmund Morris believes this shocking snub in public of a former President was due to TR’s strong belief in regulating Wall Street, breaking up monopolies and not allowing a few wealthy men run the nation.
Think of that extraordinary event; some 22 years before TR’s 5th cousin Franklin Delano Roosevelt was called “a traitor to his class” Teddy was getting the same treatment. Ted Cruz should take heart from those historical experiences. The Gilded Age was followed by the Progressive Era of tough laws and court actions against Robber Barons who controlled state legislatures and Congress with their anti-trust legislation.
Then came the Roaring Twenties and the Crash, followed by the Great Depression– and then the New Deal– which created the blessed Glass-Steagall Act– which separated investment banking from commercial banking, plus the WPA and other make work programs that gave the unemployed a reason for living and put food in their mouths. Some 20 years later the stock market reached its old pre-crash peak and the economy powered by pent up consumer purchases, roared ahead.
It could be said- I’ll say it– that both Roosevelts saved capitalism from its unfair excesses and stabilized the financial industry to help finance American industry…
Yes, once again, the wealthy loath a conservative President– and their most radical members want to cut social programs to the retired and the middle class, while holdng onto all their gains, even in death if the estate tax is deep sixed. (It had better not be)
So, the best thing that could happen to Cruz is to be snubbed by much of Wall Street, toughen up, and knowing the score, stick to his guns at a fairer deal for everyone. Act, behave and speak in the tradition of the two Roosevelts.
Sorry for my horrible callousness
That should have been put aside until long after the Levaya In Yerushalayim of the Sassoon children