Here's a true story that came too late to make it into Kevin Phillips's American Dynasty: Aristocracy, Fortune, and the Politics of Deceit in the House of Bush, but it fits perfectly with its thesis. As all the world knows, Halliburton, the company that made Dick Cheney rich, has been given multibillion-dollar contracts, without competitive bidding, in occupied Iraq. Suspicions of profiteering are widespread; critics think they have found a smoking gun in the case of gasoline imports. For Halliburton has been charging the US authorities in Iraq remarkably high prices for fuel—far above local spot prices.
The company denies wrongdoing, saying that its prices in Baghdad reflect the prices it has to pay its Kuwaiti supplier. That's not quite true; Halliburton's reported expenses for transporting gasoline are, for some reason, much higher than anyone else's. But the real question is why Halliburton chose that particular supplier—a company with little experience in the oil business, mysteriously selected as the sole source of gasoline after what appears to have been a highly improper bidding procedure. Why did it get the job? We don't know. But it's interesting to note that the company appears to be closely connected with the al-Sabahs, Kuwait's royal family. And the al-Sabahs, in turn, have in the past had close business ties with the Bush family, in particular the President's brother Marvin.
In any previous administration—at least any administration of the past seventy years—this sort of incestuous relationship among foreign governments, private businesses, and the personal fortunes of people in or close to the US government would have been considered unusual and prima facie scandalous. What we learn from Kevin Phillips's new book, however, is that this kind of intertwining of public policy and personal self-interest has been standard operating procedure not just for George W. Bush, but for his entire family.