-Caveat Lector-
From
http://www.americanfreedomnews.com/afn_articles/bushsecrets.htm
}}}>Begin
Bush
family’s dirty little secret:
President’s oil companies funded by Bin Laden family and wealthy
Saudis who financed Osama bin Laden
By
Rick Wiles
Copyright: American Freedom News
September 2001
President
Bush recently signed an executive order to freeze the US financial
assets of
corporations doing business with Osama bin Laden. He described the
order as a
"strike on the financial foundation of the global terror network.”
"If
you do business with terrorists, if you support or succor them, you
will not do
business with the United States," said President Bush.
He
didn’t say anything about doing business with a terrorist’s brother – or
his wealthy financier.
When
President George W. Bush froze assets connected to Osama bin Laden, he didn’t
tell the American people that the terrorist mastermind’s late brother was an
investor in the president’s former oil business in Texas. He also hasn’t leveled with
the American public about his financial connections to a host of shady Saudi
characters involved in drug cartels, gun
smuggling, and terrorist networks.
Doing
business with the enemy is nothing new to the Bush family. Much of the Bush family
wealth came from supplying needed raw materials
and credit to Adolf Hitler’s Third Reich. Several business operations managed by
Prescott Bush – the
president’s grandfather - were seized by the US government during World War II
under the Trading with the Enemy Act.
On
October 20, 1942, the federal government seized the Union Banking Corporation in
New York City as a front operation for the Nazis. Prescott Bush was a director. Bush,
E. Roland Harriman, two Bush associates, and three Nazi executives owned the
bank’s shares. Eight days later,
the Roosevelt administration seized two other corporations managed by Prescott
Bush. The Holland-American Trading
Corporation and the Seamless Steel Equipment Corporation, both managed by the
Bush-Harriman bank, were accused by the US federal government of being front
organizations for Hitler’s Third Reich. Again,
on November 8, 1942, the federal government seized Nazi-controlled assets of
Silesian-American Corporation, another Bush-Harriman company doing business with
Hitler.
Doing
business with the bin Laden empire, therefore, is only the latest extension of
the Bush family’s financial ties to unsavory individuals and organizations. Now that
thousands of American citizens have died in terrorist attacks
and the nation is going to war, the American people should know about George W.
Bush’s relationship with the family of Osama bin Laden.
Salem
bin Laden, Osama’s older brother, was an investor in Arbusto Energy. – the
Texas oil company started by George W. Bush. Arbusto means “Bush” in Spanish. Salem
bin Laden died in an airplane crash in Texas in 1988.
Sheik
Mohammed bin Laden, the family patriarch and founder of its construction empire,
also died in a plane crash. Upon
his death in 1968, he left behind 57 sons and daughters – the offspring he
sired with 12 wives in Saudi Arabia, Syria, Lebanon, and Jordan. About a dozen
brothers manage Bin Laden Brothers Construction – one of
the largest construction firms in the Middle East.
Fresh
out of Harvard Business School, young George W. Bush returned to Midland, TX, in
the late 1970s to follow his father’s footsteps in the oil business. Beginning in
1978, he set up a series of limited partnerships – Arbusto
’78, Arbusto ’79, and so on – to drill for oil.
One
of President Bush’s earliest financial backers was James Bath, a Houston
aircraft broker. Bath served with
President Bush in the Texas Air National Guard. Bath has a mysterious connection to
the Central Intelligence Agency.
According
to a 1976 trust agreement, Salem bin Laden appointed James Bath as his business
representative in Houston. Revelation
about Bath’s relationship with the bin Laden financial empire and the CIA was
made public in 1992 by Bill White, a former real estate business partner with
Bath. White informed federal investigators in 1992 that Bath told him that he
had assisted the CIA in a liaison role since 1976 – the same year former
President George Herbert Walker Bush served as director of the CIA.
During
a bitter legal fight between White and Bath, the real estate partner disclosed
that Bath managed a portfolio worth millions of dollars for Sheik Khalid bin
Mahfouz and other wealthy Saudis. Among
the investments made by Bath with Mahfouz’s money was the Houston Gulf
Airport.
A
powerful banker in Saudi Arabia, Mahfouz was one of the largest stockholders in
the Bank of Credit and Commerce International. BCCI was a corrupt global banking
empire operating in 73 nations and was
a major financial and political force in Washington, Paris, Geneva, London, and Hong
Kong. Despite the appearance
of a normal banking operation, BCCI was actually an international crime
syndicate providing “banking services” to the Medellin drug cartel, Pamama dictator
Manuel Noriega, Saddam Hussein, terrorist mastermind Abu Nidal, and
Khun Sa, the heroin kingpin in Asia’s Golden Triangle.
The
BCCI scandal implicated some of the biggest political names in Washington –
both Democrats and Republicans – during the first Bush White House. The bank was
accused of laundering money for drug cartels, smuggling
weapons to terrorists, and using Middle Eastern oil money to influence American
politicians.
The
chief of the Justice Department’s criminal division under former President
Bush was Robert Mueller. Because
the major players came out of the scandal with slaps on the wrists, many critics
accused Mueller of botching the investigation. Mr. Mueller was recently appointed by
President George W. Bush as the new
Director of the FBI, replacing Louis Freeh who did nothing while William Jefferson
Clinton allowed the Red Chinese to loot our national security secrets.
The
Financial Crimes Enforcement Network (FinCEN), a division of the Justice
Department, reviewed allegations by Bill White in 1992 that James Bath funneled
money from wealthy Middle Eastern businessmen to American companies to influence
the policies of the Reagan and Bush administrations. Robert Mueller, the new FBI
chief, was in a senior position at the
Justice Department at the time of the review.
White
told a Texas court in 1992 that Bath and the Justice Department had
“blackballed” him professionally and financially because he refused to keep
quiet about his knowledge of an Arabic conspiracy to launder Middle Eastern
money into the bank accounts of American businesses and politicians.
In
sworn depositions, Bath admitted he represented four wealthy Saudi Arabian
businessmen as a trustee. He also admitted he used his name on their investments and
received, in return, a five- percent stake in their business deals.
Indeed,
Texas tax documents revealed that Bath owned five percent of Arbusto ’79 Ltd.,
and Arbusto ’80 Ltd. Bush
Exploration Company controlled the limited partnerships, the general partnership
firm owned by young George W. Bush.
Although
George W. Bush’s Texas oil ventures were financial failures, his financial
backers recovered their investments through a series of mergers and stock swaps.
He changed Arbusto’s name to Bush Exploration, then merged the new firm into
Spectrum 7 Energy Corporation in 1984.
The
Bush-controlled oil business eventually ended up being folded into Harken Energy
Corp., a Dallas-based corporation. Mr.
Bush joined Harken as a director in 1986 and was given 212,000 shares of Harken
stock. Bush used his White House
connections to land a lucrative contract for the obscure Harken Energy Corp.
with the Middle Eastern government of Bahrain. On June 20, 1990, George W. Bush sold
his Harken stock for $848,000 and
paid off the loan he took out to buy his small share in the Texas Rangers. The Bahrain
deal was brokered by David Edwards, a close pal to Bill
Clinton and a former employee of Stephens Inc. Shortly after Bush sold his
stock, Harken’s fortunes nose-dived when Saddam Hussein invaded Kuwait. Some critics
claim young George was tipped off in advance by his father
about the soon-coming Gulf War.
George
W. Bush, however, worked wonders for Harken Energy Corp. before the stock
collapsed. Using the Bush
family name, he managed to bring much-needed capital investment to the
struggling firm. George W. Bush
traveled to Little Rock, AR, to attend a meeting with Jackson Stephens – a powerful
Arkansas tycoon who helped bankroll the state campaigns of young Bill
Clinton. He first gained political prominence as a fund-raiser for President
Jimmy Carter. Stephens was also deeply involved in the BCCI scandal by helping
the corrupt bank take control of First American Bank in Washington, DC.
Jack
Stephens didn’t need an introduction to young George W. Bush. Mary Anne Stephens, his
wife, managed Vice President George Bush’s 1988
presidential campaign in Arkansas. Stephens Inc., the well connected brokerage firm
owned by Jack Stephens, donated $100,000
to a Bush campaign fundraising dinner in 1991. When George W. Bush won the contested
Florida election in 2000, Jack
Stephens made a substantial contribution to the Bush inauguration. Recently, former
President Bush played golf on April 11, 2001, with Jack
Stephens at the Jack Stephens Youth Golf Academy in Little Rock. The former president
told Stephens, “Jack, we love you and we are very, very grateful for what you have
done.”
Perhaps the former president
was thanking him for the money Stephens provided young George W. Bush. Stephens
arranged for a $25 million investment from the Union des Banques
Suisses. The Swiss Bank held the
minority interest in the Banque de Commerce et de Placements, a Geneva-based
subsidiary of BCCI.
Both
Stephens and Abdullah Taha Bakhsh, a wealthy and well-connected Saudi real
estate investor, signed the financial transaction. The Geneva transaction was
paid through a joint venture between the Union Bank of Switzerland and its
Geneva branch of BCCI.
The
BCCI connection, therefore, linked George W. Bush with Saudi banker Khaled bin
Mahfouz. Known in Arab circles as
the “king’s treasurer,” Mahfouz held a 20 percent take in BCCI between 1986 and 1990.
Mahfouz is no
stranger to the Bush family. He was a big investor in the Carlyle Group, a
defense-industry investment group with deep connections to the Republican Party
establishment. Former President
Bush is a former member of the company’s board of directors. George W. Bush also held
shares in Caterair, a Carlyle
subsidiary. Sami Baarma, a powerful
player in the Mahfouz-owned Prime Commercial Bank of Pakistan, is a member of
the Carlyle Group’s international advisory board.
President
Bush certainly is aware of that his former Saudi sugar daddy is still financing
Osama bin Laden’s terrorist network. USA
Today newspaper reported in 1999 that a year after bin Laden’s attacks on US
embassies in Africa, Khaled bin Mahfouz and other wealthy Saudis were funneling tens
of millions of dollars each year into bin Laden’s bank accounts. Five top Saudi
businessmen ordered the National Commercial Bank to
transfer personal funds and $3 million pilfered from a Saudi pension fund to the
Capitol Trust Bank in New York City. The
money was deposited into the Islamic Relief and Blessed Relief - Islamic
charities operating in the US and Great Britain as fronts for Osama bin Laden.
The
Capitol Trust Bank is run by Mohammad Hussein al-Amoudi. His lawyer is Democratic
Party bigwig Vernon Jordan, close friend of
former President Bill Clinton and Monica Lewinsky.
Abdullah
Taha Bakhsh, the Arab who cosigned the $25 million cash infusion into George W.
Bush’s Harken Energy Corporation, appointed Talat Othman to manage his 17.6
percent share in Harken Energy Corp. Othman,
a native Palestinian, is president and CEO of Dearborn Financial Inc. – an investment
firm in Arlington Heights, IL.
Bakhsh
also bought a 9.6 percent stake in Worthen Banking Corporation, the Arkansas
bank controlled by Jack Stephens. Abdullah
Bakhsh’s share was the identical percentage as the amount of shares sold by
Mochtar Riady, the godfather of the wealthy Indonesian family with close ties to
the Chinese communists, Bill Clinton and evangelist Pat Robertson. Bakhsh is
represented by Rogers & Wells, a well-connected Republican
law firm in New York whose partners include former Secretary of State William P.
Rogers.
Independent
investigator reporter David Twersky reported in the early 1990s that Othman had
a seat on Harken’s board of directors and met three times in the White House
with President George Herbert Walker Bush. Organized by Chief of Staff John Sununu,
Othman’s first meeting with
President Bush at the White House was in August 1990, just days after Saddam
Hussein invaded Kuwait.
There
exist to this day an Arab-Texas connection. Khalid bin Mahfouz, financier of both
George W. Bush and Osama bin Laden,
still maintains a palatial estate in Houston, TX. Former President George Bush also
lives in Houston. James Bath, Texas political confidant of George W. Bush, managed to
obtain a $1.4 million loan from Mahfouz in 1990. Bath and Mahfouz, along with former
Secretary of Treasury
John Connally, were also co-investors in Houston’s Main Bank. Bath was also president
of Skyway Aircraft Leasing Ltd, a Texas air
charter company registered in the Cayman Islands. According to published reports in
the early 1990s, the real owner was bin
Mahfouz. When Salem bin Laden,
Osama’ brother, died in 1988, his interest in the Houston Gulf Airport was transferred
to bin Mahfouz.
Since
Osama bin Laden’s bloody attack on America on September 11, the federal
government has moved quickly to freeze bank accounts connected to Osama bin
Laden, Khalid bin Mahfouz, and a host of Islamic charities.
Perhaps
federal agents should freeze the financial assets of the Bush family
too. It would not be the first time Bush-family assets were seized by
the US
government for trading with the enemy.
Copyright
2001 American
Freedom News
End<{{{
~~~~~~~~~~~~~~~
Forwarded as information only; no endorsement to be presumed
+ + + + + + + + + + + + + + + + + + + + + + + + + + + +
In accordance with Title 17 U.S.C. section 107, this material
is distributed without charge or profit to those who have
expressed a prior interest in receiving this type of information
for non-profit research and educational purposes only.
+ + + + + + + + + + + + + + + + + + + + + + + + + + + + +
The only real voyage of discovery consists not in seeking
new landscapes but in having new eyes. -Marcel Proust
+ + + + + + + + + + + + + + + + + + + + + + + + + + + +
"Do not believe in anything simply because you have heard it. Do not believe
simply because it has been handed down for many generations. Do not
believe in anything simply because it is spoken and rumored by many. Do
not believe in anything simply because it is written in Holy Scriptures. Do not
believe in anything merely on the authority of Teachers, elders or wise men.
Believe only after careful observation and analysis, when you find that it
agrees with reason and is conducive to the good and benefit of one and all.
Then accept it and live up to it."
The Buddha on Belief, from the Kalama Sutta
+ + + + + + + + + + + + + + + + + + + + + + + + + + + +
A merely fallen enemy may rise again, but the reconciled
one is truly vanquished. -Johann Christoph Schiller,
German Writer (1759-1805)
+ + + + + + + + + + + + + + + + + + + + + + + + + + + +
It is preoccupation with possessions, more than anything else, that
prevents us from living freely and nobly. -Bertrand Russell
+ + + + + + + + + + + + + + + + + + + + + + + + + + + +
"Everyone has the right...to seek, receive and impart
information and ideas through any media and regardless
of frontiers."
Universal Declaration of Human Rights
+ + + + + + + + + + + + + + + + + + + + + + + + + + + +
"Always do sober what you said you'd do drunk. That will
teach you to keep your mouth shut."
--- Ernest Hemingway
<A HREF="http://www.ctrl.org/";>www.ctrl.org</A>
DECLARATION & DISCLAIMER
==========
CTRL is a discussion & informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance—not soap-boxing—please! These are
sordid matters and 'conspiracy theory'—with its many half-truths, mis-
directions and outright frauds—is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.
Let us please be civil and as always, Caveat Lector.
========================================================================
Archives Available at:
http://peach.ease.lsoft.com/archives/ctrl.html
<A HREF="http://peach.ease.lsoft.com/archives/ctrl.html";>Archives of
[EMAIL PROTECTED]</A>
http:[EMAIL PROTECTED]/
<A HREF="http:[EMAIL PROTECTED]/";>ctrl</A>
========================================================================
To subscribe to Conspiracy Theory Research List[CTRL] send email:
SUBSCRIBE CTRL [to:] [EMAIL PROTECTED]
To UNsubscribe to Conspiracy Theory Research List[CTRL] send email:
SIGNOFF CTRL [to:] [EMAIL PROTECTED]
Om
