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Rick Faurot

08/31/04 10:52 AM

#10481 RE: Rick Faurot #10479

The $40 Million payoff from Bush to SmearVets.

A Swift Shift in Stories
http://www.washingtonpost.com/ac2/wp-dyn/A47542-2004Aug30
By Dana Milbank
Tuesday, August 31, 2004; Page A19

This is a story about Swift boats and FastShip.

Four days ago, retired naval Rear Adm. William L. Schachte Jr. seconded accusations made by the group Swift Boat Veterans for Truth seeking to discredit Democratic presidential nominee John F. Kerry's record in Vietnam. But since then, Democrats have discovered that Schachte is also a long-standing supporter of President Bush and a lobbyist whose client FastShip Inc. recently won a $40 million grant from the federal government.

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