George Bush: The Unauthorized Biography - Get a Free Blog

the days of the Watergate scandal. It is obvious that George Bush himself is one of the
most prominent of such beneficiaries. As the Roman playwright Seneca warns us, "Cui
prodest scelus, is fecit"-- the one who derives advantage from the crime is the one most
likely to have committed it. The policies of the Wall Street investment banking interests
named are those of usury and Malthusianism, stressing the decline of a productive
industrial economy in favor of savage Third World looting and anti-population measures.
The changes subsumed by Watergate included the abolition of government's function as a
means to distribute the rewards and benefits of economic progress among the principal
constituency groups upon whose support the shifting political coalitions depended for
their success. Henceforth, government would appear as the means by which the sacrifices
and penalties of austerity and declining standards of living would be imposed on a
passive and stupefied population. The constitutional office of the president was to be
virtually destroyed, and the power of the usurious banking elites above and behind the
presidency was to be radically enhanced.
The reason why the Watergate scandal escalated into the overthrow of Nixon has to do
with the international monetary crisis of those years, and with Nixon's inability to
manage the collapse of the Bretton Woods system and the US dollar in a way satisfactory
to the Anglo-American financial elite.
It was the leading Anglo-American financier factions who decided to dump Nixon, and
availed themselves of the pre-existing Watergate affair in order to reach their goal. The
financiers were able to implement their decision all the more easily thanks to the
numerous operatives of the intelligence community who had been embedded within the
Plumbers from the moment of their creation in response to an explicit demand coming
from George Bush's personal mentor, Henry Kissinger.
Watergate included the option of rapid steps in the direction of a dictatorship not so much
of the military as of the intelligence community and the law enforcement agencies acting
as executors of the will of the Wall Street circles indicated. The "Seven Days in May"
overtone of Watergate, the more or less overt break with constitutional forms and rituals
was never excluded. We must recall that the backdrop for Watergate had been provided
first of all by the collapse of the international monetary system, as made official by
Nixon's austerity decrees imposing a wage and price freeze starting on the fateful day of
August 15, 1971. What followed was an attempt to run the entire US economy under the
top-down diktat of the Pay Board and the Price Commission. This economic state of
emergency was then compounded by the artificial oil shortages orchestrated by the
companies of the international oil cartel during late 1973 and 1974, all in the wake of
Kissinger's October 1973 Middle East War and the Arab oil boycott. In August, 1974,
when Gerald Ford decided to make Nelson Rockefeller, and not George Bush, his vicepresident
designate, he was actively considering further executive orders to declare a new
economic state of emergency. Such colossal economic dislocations had impelled the new
Trilateral Commission and such theorists as Samuel Huntington to contemplate the
inherent ungovernability of democracy and the necessity of beginning a transition
towards forms that would prove more durable under conditions of aggravated econmomic
breakdown. Ultimately, much to the disappointment of George Bush, whose timetable of