War is Golden for the Bush Administration
The Italian bank BNL was one of BCCI's main tentacles. BNL's Atlanta branch was the primary funnel used by the first Bush Administration to send millions of secret dollars to Saddam for arms purchases, including deadly chemicals and other WMD materials supplied by the Chilean arms dealer Cardoen and various politically-connected operators in the United States like, weapons merchant Matrix Churchill. (As always with the Busha Nostra, geopolitics--in this case, helping Saddam wage aggressive war against Iran--and crony profits go hand in hand. Once the war was over and Iran was left a shattered hulk, with millions dead and displaced, the useful idiot Saddam was expendable, swiftly morphing from good buddy into budding Hitler.)
As soon as the BNL case broke, President Bush I moved to throttle the investigation. He appointed lawyers from both Cardoen and Matrix to top Justice Department posts--where they supervised the officials investigating their old companies. Meanwhile, White House aides applied heavy pressure on other prosecutors to restrict the range of the probe--especially the fact that Bush cabinet officials Brent Scowcroft and Lawrence Eagleburger had served as consultants for BNL during their pre-White House days as spear-carriers for yet another secretive international front that profits from war, weapons, etc., etc.: Kissinger Associates.
Which brings us to the judicial appointment. One of the White House aides who unlawfully intervened in the BNL prosecution was a certain factotum named Jay S. ByBee. Last week, said factotum was nominated by the current warmer of the Oval Office seat, George W. Bush, to a place on the federal appeals court--a lifetime sinecure of perks and power. Well done, thou good and faithful servant!
And the commodities connection? President Pretzel's relentless hissy-fit for war on Iraq has of course goosed the price of gold enormously--and that's set Bush Family coffers a-clinking. How so? In the waning days of his failed presidency, Bush I invoked an obscure 1872 statute to give a Canadian firm, Barrick Corporation, the right to mine $10 billion in gold from U.S. public lands. (U.S. taxpayers got a whopping $10,000 fee in return.) Bush then joined Barrick as a highly-paid "international consultant," brokering deals with various dictators of his close acquaintance. Barrick reciprocated with big bucks for Junior's presidential run. And in another quid for the old pro quo, last year Junior dutifully approved Barrick's controversial acquisition of a major rival. (Barrick is also one of the biggest polluters in America, by the way.)
http://www.counterpunch.org/floyd02152003.html From Gold Anti-Trust Action Committee
From Gold Anti-Trust Action Committee (GATA), Tuesday 10 June 2003, 1:19a ET
(one more piece of evidence. It can hardly be denied any more that the dollar exchange rate control mechanism, the magic invoked behind the scenes when the US talks up the dollar, has been the suppression of the price of gold by essentially short-selling massive quantities of central bank gold. The world economy is in deep doodoo)
Dear Friend of GATA and Gold:
Barrick Gold has confessed that it and its bullion banker, JP Morgan Chase & Co., are the direct agents of the central banks in the international control of the gold price.
Barrick’s confession was filed in U.S. District Court in New Orleans as part of a legal maneuver to gain dismissal of the federal anti-trust lawsuit brought against it and Morgan Chase by Blanchard & Co., the New Orleans-based coin and bullion dealer. Barrick moved to dismiss the Blanchard lawsuit on the grounds that the suit had failed to include as defendants some indispensable parties whose vital interests are at stake, the central banks; that the central banks, having what is called sovereign immunity against suit, simply could not be included in the suit; and that the suit therefore had to be dismissed.
Barrick’s confessional motion was dated February 28 this year and is posted at the Barrick Internet site here, headlined Memorandum in support of motion to dismiss for failure to join indispensable parties:
http://www.barrick.com/2_Press_Releases /
http://www.hartford-hwp.com/archives/25/065.html The public got the shaft.
They could well afford it. In the final days of the Bush (Senior) administration, the Interior Department made an extraordinary but little noticed change in procedures under the 1872 Mining Law, the gold rush-era act that permitted those whiskered small-time prospectors with their tin pans and mules to stake claims on their tiny plots. The department initiated an expedited procedure for mining companies that allowed Barrick to swiftly lay claim to the largest gold find in America. In the terminology of the law, Barrick could “perfect its patent” on the estimated $10 billion in ore—for which Barrick paid the U.S. Treasury a little under $ 10,000. Eureka!
Barrick, of course, had to put up cash for the initial property rights and the cost of digging out the booty (and the cost of donations, in smaller amounts, to support Nevada’s Democratic senator, Harry Reid). Still, the shift in rules paid off big time: According to experts at the Mineral Policy Center of Washington, DC, Barrick saved—and the U.S. taxpayer lost—a cool billion or so.
Upon taking office, Bill Clinton’s new interior secretary, Bruce Babbitt, called Barrick’s claim the “biggest gold heist since the days of Butch Cassidy.” Nevertheless, because the company followed the fast-track process laid out for them under Bush, this corporate Goldfinger had Babbitt by the legal nuggets. Clinton had no choice but to give them the gold mine while the public got the shaft.
Barrick says it had no contact whatsoever with the president at the time of the rules change.<1> There was always a place in Barrick’s heart for the older Bush—and a place on its payroll. In 1995, Barrick hired the former president as Honorary Senior Advisor to the Toronto company’s International Advisory Board. Bush joined at the suggestion of former Canadian prime minister Brian Mulroney, who, like Bush, had been ignominiously booted from office. I was a bit surprised that the president had signed on. When Bush was voted out of the White House, he vowed never to lobby or join a corporate board. The chairman of Barrick openly boasts that granting the title “Senior Advisor” was a sly maneuver to help Bush tiptoe around this promise.
http://www.mapcruzin.com/palast-1.htm Adnan Khashoggi, the "bag man"
How did he go from busted stereo maker to demi-billionaire goldbug? The answer: Adnan Khashoggi, the Saudi arms dealer, the "bag man" in the Iran-Contra arms-for-hostage scandals. The man who sent guns to the ayatolla teamed up with Munk on hotel ventures and, ultimately, put up the cash to buy Barrick in 1983, then a tiny company with an “unperfected” claim on the Nevada mine. You may recall that Bush pardoned the coconspirators who helped Khashoggi arm the Axis of Evil, making charges against the sheik all but impossible. (Bush pardoned the conspirators not as a favor to Khashoggi, but to himself.)
Khashoggi got out of Barrick just after the Iran-Contra scandal broke, long before 1995, when Bush was invited in. By that time, Munk’s reputation was restored, at least in his own mind, in part by massive donations to the University of Toronto. Following this act of philanthropy, the university awarded Munk-adviser Bush an honorary degree. Several students were arrested protesting what appeared to them as a cash-for-honors deal.
http://www.mapcruzin.com/palast-1.htm 
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore
