Soldier Of Truth In A Lifelong Battle With Lies - Four Winds 10
Soldier Of Truth In A Lifelong Battle With Lies - Four Winds 10
Soldier Of Truth In A Lifelong Battle With Lies - Four Winds 10
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him), Breeden gave George Bush Jr. a<br />
“Get Out <strong>Of</strong> Jail Free” card.<br />
What do you think Breeden will<br />
discover in the WorldCom case?<br />
The final SEC reports clearly stated that<br />
George Bush Jr. committed stock fraud.<br />
Bush didn’t disclose his holdings. He<br />
sold the stock short before. He sold out<br />
his long positions after having pumped<br />
up the stock with a lot of deceptive and<br />
bullish hype. Then he would sell it short<br />
before news about the negative earnings<br />
came out. (See the excerpt on Bush’s<br />
Harken Stock Fraud in my book The<br />
Conspirators.)<br />
Harken Energy, after all, was a typical<br />
Bush pump-and-dump stock swindle. The<br />
Bushs had manipulated the stock<br />
consistently between about 1-1/4 and<br />
about 7-3/4 dollars a share. (Even I made<br />
money on it.)<br />
Harken was a stock that the Bushs gave<br />
tips around to pay off favors. <strong>In</strong> other<br />
words, you’d be told when to sell it or<br />
when to buy it. This was a stock which<br />
had nothing to do with what the company<br />
actually did. The company’s stock acted<br />
as an artifice to pay off favors. There<br />
were the useless Bahrainian oil leases,<br />
even though Harken Energy never even<br />
produced that much oil. It wasn’t about<br />
the oil business. It was simply about<br />
manipulating the shares in order to<br />
generate profits on both the long and the<br />
short sides.<br />
Putting Breeden in charge, then, is<br />
another case of putting the fox in charge<br />
of the henhouse—to find out where the<br />
missing chicken went.<br />
The World Resource Council group<br />
said the planet will run out of lifesustaining<br />
resources by the year 2050<br />
unless population growth is curtailed<br />
dramatically world wide, including the<br />
United States. (This comes at a time when<br />
there are plans for mass vaccinations of<br />
the U.S. populace with highly toxic<br />
vaccines containing thimerosal, so maybe<br />
a lot of “useless eaters” will die right on<br />
schedule.)<br />
A United Nations group is asking the<br />
CDC (Centers for Disease Control) to<br />
make smallpox vaccinations mandatory.<br />
But we don’t want to get too<br />
conspiratorial.<br />
<strong>In</strong> the WorldCom Hearings in Congress,<br />
a lot of guys invoked their Fifth<br />
Amendment privilege, but there was this<br />
little short guy with dark hair who meekly<br />
says: “Well, Senator, I’d love to talk, but<br />
the only reason I’m invoking my Fifth<br />
Amendment privilege is because I don’t<br />
have all of my money moved out of the<br />
country yet.” He actually said that. He<br />
should be given a gold star for speaking<br />
the truth.<br />
SEPTEMBER 2002<br />
Bush was caught playing along to the<br />
crowd again. He acted exasperated with<br />
all this talk of “generally accepted<br />
accounting principles”. He said if you<br />
were to ask Americans what generally<br />
accepted accounting principles are, nine<br />
out of ten wouldn’t know. Then he throws<br />
his hands up in the air and says: “Hell, I<br />
don’t even know what it means.”<br />
It should be added that perhaps that’s<br />
why, in George Bush’s capacity as a<br />
private businessman during his life, the<br />
four businesses he ran—all failed.<br />
Remember, all you aspiring Harvard<br />
MBA grads—that’s what an MBA from<br />
Harvard will get you. You can fail your<br />
way to the top. Especially if your last<br />
name is Bush.<br />
Then Bush gave his big speech about<br />
unveiling a plan to fight corporate fraud<br />
and to rectify all these accounting<br />
problems. It was an extremely<br />
disappointing speech. The market<br />
immediately sold off afterwards. He said<br />
the SEC doesn’t need more legislation.<br />
All he did was ask for more money for the<br />
SEC. It doesn’t need more regulatory<br />
authority, he says. It simply needs a<br />
billion dollar increase in its budget to<br />
enforce the regulations already on the<br />
books.<br />
This, they claim, is the consistent<br />
problem they’ve had. They just don’t<br />
have the money to enforce the<br />
regulations. (And under his breath, he<br />
said: “Thank God.”)<br />
There was an excellent comment on his<br />
speech by William Niskanen, the head of<br />
the Cato <strong>In</strong>stitute. He said that Bush<br />
specifically avoided the other half of the<br />
problem. Although he talked about the<br />
accounting problem, he deliberately<br />
sidestepped the problem of Republicanconnected<br />
fraud within corporations. He<br />
is not proposing any new regulations to<br />
curtail the actual fraud part of this<br />
problem. It is a two-part problem: (1)<br />
accounting and (2) the actual commission<br />
of fraud.<br />
When Niskanen was asked on CNBC:<br />
“Do you think somebody will have to go<br />
to jail just to make a point to the<br />
American people that something is being<br />
done?” Niskanen smiled and said: “I’m<br />
sure that the White House is busily<br />
looking through the short list of<br />
Democratic scamscateers to try to find<br />
someone to put into jail.”<br />
The problem is that there are so few<br />
Democrats connected to this fraud, so it is<br />
indeed a short list. He did mention,<br />
however, Global Crossing, in which there<br />
were some Democratic scamscateers<br />
involved.<br />
(Should we expect an indictment of<br />
DNC Chairman Terry McAuliffe in the<br />
near future? Niskanen said: “If I were<br />
Terry McAuliffe, I’d be looking at this<br />
with furrowed brows.”)<br />
Then, on the Kudlow And Kramer Show<br />
(Larry Kudlow being the well-known<br />
economist and Reagan-Bush apologist),<br />
their guest was one of the most prominent<br />
arch Right Wing Cabalists, namely C.<br />
Boyden Grey, former White House<br />
counsel under both Reagan and Bush<br />
Regimes, who was famous for forging the<br />
signature during the October Surprise<br />
Affair.<br />
Grey was the one who signed his name<br />
as “Charles Smith” on the hotel register in<br />
Paris, when he went with Bush Sr. for the<br />
secret meeting with the Iranians.<br />
The other guest was Arch-Bush Cabalist<br />
Bill Seidman, who was accused of fraud<br />
during his tenure as RTC Chairman.<br />
While he was at the Resolution Trust<br />
Corporation (RTC), he was accused of<br />
practicing the same type of Republican<br />
Cabalist real estate fraud that was<br />
previously practiced by the very same<br />
banks that he was overseeing in<br />
liquidation.<br />
Seidman was actually selling the<br />
defaulted properties and mortgages back<br />
to his Cabalist friends at twenty cents on<br />
the dollar—after they had been<br />
previously sold for twenty cents on the<br />
dollar some fourteen times before.<br />
C. Boyden Gray was very much in favor<br />
of President Bush’s new plan to get tough<br />
with corporate Republican fraud. Larry<br />
Kudlow said this is very tough—<br />
preventing Republican cabalists from<br />
serving on boards of directors ever again.<br />
This was awful punishment, he said. (It’s<br />
almost as bad as being a Republican<br />
cabalist in your multi-million-dollar<br />
beach house at Cayman Brac and being<br />
told that there’s no more cracked crab with<br />
lobster sauce for lunch.)<br />
C. Boyden Grey, on the other hand,<br />
supported the new line that if you come<br />
clean and tell the truth, then you won’t<br />
face any criminal sanctions and you will<br />
be allowed to quietly go to your<br />
Caribbean or Swiss retreats with your illgotten<br />
gains.<br />
Kramer said that people should be<br />
allowed to only keep so much money and<br />
that they should have to forfeit a lot of the<br />
proceeds of fraud.<br />
But Larry Kudlow said: “Obviously you<br />
haven’t been to the Cayman Islands<br />
recently, and you don’t realize that the<br />
cost of living has gone up. If you’re a<br />
Republican Scamscateer in exile, with<br />
these low interest rates, you need to have<br />
at least $<strong>10</strong> million to have even a<br />
reasonable standard of living in the<br />
Cayman Islands.”<br />
Senator Daschle has said that the Bush<br />
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