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==Education and business career==
Bush "received a bachelor's degree from Yale University in 1968" where, like his father ([[George Herbert Walker Bush]]) before him, he was tapped by the [[Skull & Bones]] Society. Bush "served as an F-102 fighter pilot in the Texas Air National Guard and ... [later] received a Master of Business Administration from Harvard Business School in 1975. After graduating, he moved back to Midland and began a career in the energy business." [http://www.whitehouse.gov/president/gwbbio.html] The organization [[Texans for Truth]] has called into question whether Bush went AWOL from his Air National Guard service. "While other oil ventures failed, George W. kept his ([[Arbusto]]) afloat in the 1980s thanks to family connections and international financiers attempting to build and nurture relationships with his father, who was elected vice president in 1980." [http://www.consortiumnews.com/2000/081500a1.html]*In 1982, Philip Uzielli worked out a deal with George W. to purchase a 10 percent stake in Arbusto for $1 million. The entire company was valued at less than $400,000.
*In February 1984, George W. agreed to a merger of [[Bush Energy]] (formerly [[Arbusto]]) with an oil exploration company called [[Spectrum 7]] in which [[William DeWitt Jr.]] and [[Mercer Reynolds III]] would each control 20.1 percent and George W. would own 16.3 percent. George W. was named chairman and CEO of [[Spectrum 7]], which brought him an annual salary of $75,000. [Harper's Magazine, February 2000.]
*"In a six-month period in 1986, [[Spectrum 7]] lost $400,000 and owed more than $3 million with no hope of paying those debts off."