Jeb Bush has a number of problems that will prevent him from winning the White House in 2016, but the reality is that he won't even make it past the primaries with his history in profiting from big banks and Obamacare.
Bush is quitting Tenet Healthcare Corp. — a company that has profited from Obamacare — and is ending a consulting contract with Barclays Bank to focus on his political future. Aides say he also has stopped giving highly paid speeches to focus on traveling America, meeting with potential donors and testing what a friend calls a “visionary” brand of campaigning.
But Bush’s business record, enmeshed in international finance and some troubled former ventures in south Florida, could end up complicating his return to politics and his hopes to follow his father, George H.W. Bush, and his older brother, George W. Bush, into the Oval Office.
Last year, he took a step into the rarefied world of private equity and offshore investments, joining with former banking executives and a Chinese airline company to make bets on natural gas exploration and shipping. One of the funds was set up in the United Kingdom, a structure that allows the company to shield overseas investors from U.S. taxes.
His primary opponents are going to eat him alive.
"Jeb Bush made millions from Obamacare and only quit his job as a Washington lobbyist when he decided to run for President. He's hoping none of us remember." And fade to black.
Good luck getting past Super Tuesday, Jebbie.