George P. Bush’s House Problem
I don’t think that George P. Bush, being a Bush, actually needs money, so the scheme to buy his house in Austin is puzzling. Get a load of this deal – Bush wanted a house in Austin after he was elected Land Commissioner. So, he gets Brandon Steele, who also happens to employ Amanda Bush, GP’s wife, had his east Texas bank to loan GP $850,000 to buy said house. But that’s not all. The bank loaned the money not to GP, but to a Bush trust to conceal his ownership. AND, GP didn’t disclose the home or the loan on his financial disclosure required by law.
Ethics experts say that the scheme may be technically legal, but certainly violates the spirit of Texas’ ethics law, but he’s a Bush – what would you expect?