Daddy Bought Him Success - Is the White House Next?; FAMILY FORTUNE: THE HELP BUSH Jnr NEEDED TO GET ON THE PRESIDENTIAL PATH

Article excerpt

GEORGE W BUSH Jr, a man who owes everything to his parents, hoped last night they had put down the deposit on the greatest prize of them all - the White House.

Amid the truly all-American hulabaloo in Philadelphia, the man who would be president stepped up to be anointed by his party's faithful.

Last night, a confident Bush attacked the Democrats claiming: "America's ready for change."

He added: "If all goes well, you're looking at the next president of the United States."

Since the voters kicked his dad out, Bush Jr has dreamed of this moment; the night when he rallied the disparate forces of the right under the banner of "compassionate conservatism".But things are going to get an awful lot tougher for the would-be president.

For the merest scrutiny of George W Bush Jr shows him to be a man whose success was bought by his family.

His name guaranteed his entree into politics in Texas, where he has reigned as one of the most un-compassionate politicians this century.

Like Clinton he dodged Vietnam, but Bill did so off his own bat - unlike Bush.

As with everything else, his father pulled strings and he joined the Texas Air National Guard - a virtual guarantee that he wouldn't see service. He didn't.

His fortune in the region of pounds 500million came about mainly through three deals pulled together with the help of dad and his political allies.

His first oil-related business, Arbusto, went bust. He was bailed out by dad.

In 1984, he was made president of Spectrum Seven Energy Corporation, run by his dad's pals, and through them was able to acquire shares at rock- bottom prices in the Texas Rangers baseball team.

Later, with the help of dad's political contacts, he persuaded the city of Austin to build a new stadium for the Rangers sending his shares soaring 25 times beyond what he had paid for them. …