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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 />

www.TheSpectrumNews.org Toll-free: 1-877-280-2866 Outside U.S.: 1-661-823-9696<br />

PAGE 75

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