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Oil mogul Robert A. Mosbacher dies at 82

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Faygo Kid Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 05:34 PM
Original message
Oil mogul Robert A. Mosbacher dies at 82
Source: Washington Post

Robert A. Mosbacher, a Texas oil mogul who served as a chief fundraiser for five Republican presidential campaigns and who as Commerce Secretary under President George H.W. Bush successfully promoted the North American Free Trade Agreement, died of pancreatic cancer Sunday at The University of Texas M.D. Anderson Cancer Center in Houston. He was 82.

The son of Wall Street investor who pulled out of the market before the crash of 1929, Mr. Mosbacher spent his life amid opulence and privilege.

With $500,000 in seed money from his father, he started the Houston-based Mosbacher Energy Co. and built it into one of the largest private energy concerns in the country. By avoiding risky projects, the company managed to outlast the 1980s oilfield bust that put some larger corporations out of business, and Mr. Mosbacher amassed a personal fortune estimated at more than $200 million. . .

Read more: http://www.washingtonpost.com/wp-dyn/content/article/2010/01/24/AR2010012401448.html?hpid=topnews



Nice that he supported his daughter, but overall, so what. Part of the class that knows no bounds when it comes to greed.

He did irreparable harm. Not glad that he's dead, because his time of personal influence was over years ago, but he is a prime example of the small and privileged crowd that put the Bushes into office to assure their own continuing wealth and power.

'Bye.

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Arctic Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 05:37 PM
Response to Original message
1. Couldn't think of a better way for him to go.
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FailureToCommunicate Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 07:16 PM
Response to Reply #1
5. Hope you don't mean that. An evil, rich, conservative deserves to answer for his
greed by having his fortune wiped out to pay taxes and penalties on his hidden Swiss or off shore accounts (before going to jail) or be burned by blowback of some policy he supported...
But as someone who's younger brother just died of that horrible (pancreatic) cancer, I would not wish that one on anyone.
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reformist Donating Member (93 posts) Send PM | Profile | Ignore Sun Jan-24-10 06:01 PM
Response to Original message
2. No estate tax for the heirs!
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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 06:35 PM
Response to Reply #2
3. Yeah, this year is the 'loophole' year. Watch for more rich deaths.
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FarLeftRage Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 07:00 PM
Response to Original message
4. And I should care because...?
Hell's population just went up by one.
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naaman fletcher Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 07:25 PM
Response to Original message
6. All things being equal, he doesn't seem like that bad of a guy.
FTFA: "With $500,000 in seed money from his father, he started the Houston-based Mosbacher Energy Co. and built it into one of the largest private energy concerns in the country. By avoiding risky projects, the company managed to outlast the 1980s oilfield bust that put some larger corporations out of business, and Mr. Mosbacher amassed a personal fortune estimated at more than $200 million"


He was helped by his dad, but it sounds like he earned what he made, unlike the Bush's and the bankers getting bailout money.
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Hulk Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 08:12 PM
Response to Original message
7. Too bad.....
..but honestly, it means nothing to me. Thousands die everyday. Least important are the wealthy.
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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 09:20 PM
Response to Original message
8. Along with Poppy, Mosbacher was one of the fellahs Nixon wanted to keep: ''The Texans'' of Watergate
Upon re-election (sic) Nixon ordered everyone in his cabinet canned, except "The Texans." What he was talking about...



The Nixon-Bush Connection

by Paul Kangas

Note: All references to "George Bush" refer to George Herbert Walker Bush, Father of George "Dubya" Bush who was "elected" pResident by a 5 to 4 vote of the Supreme Court.

A newly discovered FBI document reveals that George Bush was directly involved in the 1963 murder of President John Kennedy. The document places Bush working with the now-famous CIA agent, Felix Rodriguez, recruiting right-wing Cuban exiles for the invasion of Cuba. It was Bush's CIA job to organize the Cuban community in Miami for the invasion. The Cubans were trained as marksmen by the CIA. Bush at that time lived in Texas. Hopping from Houston to Miami weekly, Bush spent 1960 and '61 recruiting Cubans in Miami for the invasion. That is how he met Felix Rodriguez.

SNIP...

On the Watergate tapes, June 23, 1972, referred to in the media as the "smoking gun" conversation, Nixon and his Chief of Staff, H.R. Haldeman, discussed how to stop the FBI investigation into the CIA Watergate burglary. They were worried that the investigation would expose their conection to "the Bay of Pigs thing." Haldeman, in his book The Ends of Power, reveals that Nixon always used code words when talking about the 1963 murder of JFK. Haldeman said Nixon would always refer to the assassination as "the Bay of Pigs."

On that transcript we find Nixon discussing the role of George Bush's partner, Robert Mosbacher, as one of the Texas fundraisers for Nixon. On the tapes Nixon keeps refering to the "Cubans" and the "Texans." The "Texans" were Bush, Mosbacher and Baker. This is another direct link between Bush and evidence linking Nixon and Bush to the Kennedy assassination.

In the same discussion Nixon links "the Cubans," "the Texans," "Helms," "Hunt," "Bernard Barker," Robert "Mosbacher" and "the Bay of Pigs." Over and over on the Watergate tapes, these names come up around the discussion of the photos from Dallas that Nixon was trying to obtain when he ordered the CIA to burglarize the Watergate. (Source: Three Men and a Barge", Teresa Riordan, Common Cause magazine, March/April 1990, and San Francisco Chronicle, May 7,1977, interview with Frank Sturgis in which he stated that "the reason we burglarized the Watergate was because Nixon was interested in stopping news leaking related to the photos of our role in the assassination of President John Kennedy.")

After Nixon's landslide victory in 1972, he knew he had to centralize all power into the White House to keep his faction in power, not only to hold power, but to prevent the media from digging into how he secretly shot his way into the White House, just like Hitler shot his way into control of Germany. The first thing Nixon did was to demand signed resignations of his entire government. "Eliminate everyone," he told John Ehrlichman about reappointment, "except George Bush. Bush will do anything for our cause." (Source: Pledging Allegiance, Sidney Blumenthal.)

CONTINUED...

http://www.sumeria.net/politics/kennedy.html



Saw Poppy at the NFC championship in the Superdome just now. Guy seemed like he was having a good day.

My sympathies to Mr. Mosbacher's family. As a citizen, I wish he'd have lived long enough to face charges on a bunch of criminality that has been swept under the rug of "national security."
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Zoeisright Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 10:10 PM
Response to Original message
9. Can't take it with you!
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CanonRay Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 03:37 PM
Response to Original message
10. Makes me wish there was a hell
:evilgrin:
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