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Financial Ties

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Dana Milbank writes a story today that links one of the Swift Boat Veterans against Sen. John Kerry to a lucrative contract handed out by the Bush Administration.

Kerry supporters may want to use some extra caution before jumping up and pointing their "gotcha" finger. On page 174 of Unfit for Command, readers are told that Kerry lobbied furiously in 1992 for the U.S. to accept what may have been less-than-favorable terms with Vietnam pertaining to recognition of P.O.W.s in exchange for normalized relations.

The book then informs:

The year after his committee's vote to give Communist Vietnam a clean bill of health, the strangest thing happened. In December 1992, Vietnam signed its first huge commercial deal, worth at least $905 million, to develop a deep-sea commercial port at Vung Tau to accommodate all the trade that was to come. At the time, the chief executive officer of this company was C. Stewart Forbes. Name sound familiar? It should. He is Senator John F. Kerry's cousin. What a coincidence!

Those who back the Democratic senator's presidential bid may not want personal financial relationships to become an issue this year, considering how his wife has yet to release her tax returns to the public (as have the Bush and Cheney families.)

MORE: Josh Marshall has now turned the Milbank story into a a talking point.

By Ed Moltzen  ·  31 August 2004
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