From Josh Micah Marshall:
Talking Points Memo: by Joshua Micah Marshall: March 19, 2006 - March 25, 2006 Archives: Great moments in earmarks. The Houston Chronicle reports this morning that the donation Barbara Bush made to the Bush-Clinton Katrina Fund was 'earmarked' for the educational software company Ignite!
As some of you probably know that's the junk company owned by her ne'er-do-well son Neil Bush.
Actually, though, it's way better, or worse, depending on your turn of mind.
Ignite!'s has a unique business model, which works like this. Neil goes around the world finding international statesmen, bigwigs and criminals who want to 'invest' in Ignite! as a way to curry favor with the brother in the White House.
A couple years ago when I was at Salon I wrote about the craze for investment in Ignite! then taking hold among Red Sea oil magnates and progeny of the rulers of the People's Republic of China (See this article as well about the craze for investing in Ignite! in the United Arab Emirates and specifically in Dubai). Now, Russian tycoon Boris Berezovsky has awakened to the wonders of investing in Ignite!