The Bush Family's Bad Latin Real Estate Investment

by Dave Lindorff

Back in late 2006, it was widely reported in the Latin American media that President Bush, or perhaps his old man, had bought a 100,000-acre farm in a remote area of Paraguay.

What struck people at the time was the choice of country. Paraguay, of course, has gained a certain Club Med status among the world's villains and criminal elements as the place to go when the law's on your tail. The country, ruled for six decades by the dictatorial and fascist Colorado Party of Gen. Alfredo Stroesser, an almost cartoon caricature of a Latin American dictator, has no extradition treaty with any nation.

That's why it has long harbored aging Nazis, bank robbers, and a string of ousted or retired Latin American dictators and their assistants over the years.

Given that President Bush, once he leaves office on January 20, 2009, will no longer have the diplomatic immunity conferred upon heads of state, or the Constitutional protection against indictment by domestic prosecutors, it makes sense that he would be looking for a safe haven from the long arm of the law.

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