-Caveat Lector- http://www.almartinraw.com/column69.html



The Bush Cabal: An American Kleptocracy (Part 2)
by Al Martin

(August 28) Bush continues to waffle on the new war. On CNN, there was a press release issued by the Bush White House stating that they do not want to consider a full blown war against Iraq, until such time as the administration has concrete proof that Saddam Hussein is developing bio-chemical weapons. At the every same instant (I was watching three TVs), Fox News had a statement by the CIA saying that is safe to assume that Saddam Hussein has at least some biochemical capabilities already developed. Then, at the same time, there was a release by the Department of Defense stating that we now have conclusive proof that Saddam Hussein is developing biochemical weapons. This was three different press releases on three different networks - all at the same time. And I thought that if the White House has any confusion on the subject as to whether Saddam Hussein is developing biochemical weapons, why don't they just contact the Department of Defense who say they have definitive proof?

      This just shows how ludicrous and to what absurd lengths this waffling has reached and just how driven by public opinion polls the Bush Administration has become -- because opinion polls indicate that the public is very evenly split on the question about what to do with Iraq. This has been seen in the past in Bush Administrations. When the public is evenly split, what they do is they will waffle every day, and then eventually, as we have seen, they will form a blue-ribbon committee to "investigate" the question of what should be done. They will not take a stand and it shows just how politicized the Bush Administration is.

      Of course this brings up the issue of the need for a government Lie Coordination Bureau (See previous column Think Like a Bush: Lie Coordination Bureau Needed).

      This mistake become obvious when they have three different press releases come out at the same time on three different networks. Again it shows the desperate need the Bush Administration has for a Lie Coordination Bureau. Then when it happens, AlMartinRaw.com can be considered an unofficial consultant to the Bush Administration. As a matter of fact, this column is already acting as a defacto Lie Coordination Bureau, until this task is adopted by official channels.

      In other news, the Department of Defense is so desperate they're even dummying up war games. An AP news item entitled "Ex-General Says War Games Were Rigged", states "A retired general who commanded 'enemy' forces in a recently concluded $250 million U.S. war game says the exercise was rigged so that it appeared to validate new war-fighting concepts it was supposed to test. Paul Van Riper, who headed the Marine Corps Combat Development Command when he retired in 1997 as a three-star general, said he became so frustrated with undue constraints on his command of 'enemy forces that he quit…"

      This is probably the first time that war games have been dummied up. These are war games combined with the supposed coordination of federal state and civilian agencies like FEMA and all the new agencies created since September 11. This was supposedly a test of coordination of all military and civilian forces. The Bush Administration has made a big deal out of this -- how well coordinated we now are. If it came down to an attack against the United States we could handle it. But of course it's a lie.

      The exercises were literally a joke and there is no coordination. Even though we've spent billions of dollars supposedly to coordinate these agencies, from FEMA to the Coast Guard, under this unified command structure ultimately to be put under the Office of Homeland Security.

      There were troops attacking targets and the FEMA people were supposed to be there to provide medical care for so-called wounded civilians. They had civilians playing that they were wounded and they had FEMA people would be forty miles away - lost in the woods someplace.

      Bridges were supposed to be secured by the National Guard and then the National Guard wouldn't let the federal troops over the bridges because they were suspicious of the "identification" of the federal troops, so they wouldn't let them across to fight the enemy that was supposed to be on the other side.

      In this exercise, it was also discovered that fully 40% of the new high-tech equipment (everything from non-lethal weaponry to global positioning systems to the new advanced scopes for rifles) didn't work. Not only did they not work, but also they were getting bad information because it was all coordinated from a field office in Washington. The global positioning systems, which were supposed to be used for a landing in Kuwait and the guys who were feeding the latitude and longitude, fed them the wrong numbers so they ended up in the wrong country.

      In another news item, it was revealed that the United States, under the Bush I Administration had supplied Saddam Hussein with chemical weapons, in the hope that Iraq would win their war with Iran. CNN would not run the whole story because of White House pressure. But this US covert aid for Iraq had been going on during the Reagan Administration since about 1985. Iraq had been given the components for binary bio-chemical weapons since the US wanted to see Iran defeated and they believed that we could deal with Iraq.

      As we have mentioned in "The Conspirators: Secrets of an Iran Contra Insider", it should be remembered that this was an ongoing process and that the Bush I Administration continued to covertly supply Iraq with embargoed weapons systems right up until three days before Operation Desert Shield was begun. Even CNN has admitted that the Bush I Regime continued to illegally supply Iraq with illegal embargoed weapon systems three days before Desert Shield.

  Iraq owes its biochemical and nuclear capability to the United States (and more specifically to George Bush I) - and that should never be forgotten.

      Beginning in 1989, it was George Bush I who ramped up aid to Iraq covertly.

      The LCB (Lie Coordination Bureau) is still needed. They could advertise for people in the Washington Post. "WANTED: LCB people. Must know how to shred documents."

    A spokesman from the Economic Policy Institute also talked about the debt bomb that is America (See "Whistleblower Gazette Newsletter" -- The Bushonian Legacy). He was talking about corporate debt which I have written about in the past that these new regulations which the Bush Administration is hailing which is supposed to prevent corporate fraud do not address the entire problem.

      These rules were put in for political and cosmetic reasons only because there were 40 million Americans out for blood, those who had lost half their money through their IRA/401(k) plans in the last 18 months. These regulations don't get at the heart of the problem, since they do not force corporations to disclose cleaner balance sheets regarding how much debt they have.

      The Bush Administration is doing the same thing that the Reagan Bush people did and that is pushing American banks and other corporations to lend money and extend financing to increase economic activity - even when it is not prudent to do so. The administration has purposely crafted the rules on how debt is recorded (fast and loose, in other words) that it allows corporations to use every artifice known to man, in an effort to disguise the total amount of debt they have but more importantly to disguise the quality of that debt.

      One way the debt is hidden, of course, is by calling an "expense" a "depreciated asset" but what this guy was referring to is JP Morgan and Citibank and Microsoft and General Electric as examples of corporations with enormous amounts of debt.

      In some cases, the corporations themselves employ sophisticated derivative trading in an effort to hide debt and such byzantine accounting methods that in some cases the corporations themselves after a period of years of trying to lie about how much debt they have, don't know themselves any more how much debt they have. There is no regulatory agency in the federal government, which has a handle on how much real debt corporations have or what the quality of that debt is.

      The derivative problem was mentioned in the past but it faded away, but it's a problem that persists. These complex derivatives were initially a good idea the concept of hedging risk and of hedging prices. But the problem is that companies have realized that these complex derivatives can be used to generate phony assets and to hide losses, as camouflage.

    Now 80% of the derivative trading that goes on among corporations is no longer used to hedge future prices, but is used to generate false profits and hide losses. There have been rumors of this at JP Morgan, Citibank, GE and Microsoft.

      Fed Chairman Alan Greenspan has said publicly that in order to manage the liability of speculative bubbles, the air should be let out of those bubbles gradually. How do you do that in a country where people always have a knee jerk reaction and will immediately run to sell all those stocks?

      Greenspan was afraid that markets would fall and liquidity would dry out and who knows what the impact would have been. He is the master of sublime hints, when he tried to warn people about "irrational exuberance" in the marketplace. And the American people in their own greed and naiveté didn't listen.

      Remember that Greenspan wanted to retire after the Clinton Administration and the only reason he decided to stay on was because a Bush was elected.

      Remember what Greenspan said in 1993 - the nation couldn't afford any more Bushes. And what he said recently in answer to a reporter who asked him why don't you cut rates further? Greenspan glared at this guy and spoke the stark naked truth - the American people deserve another economic spanking for having voted for George Bush. He said it before too but he waited for George Sr. to be out of office. And that's been consistently his warning. If you vote for a Bush, you deserve an economic spanking.

      Some people are actually mystified. I tell people on every radio show I do that the short-term memory of the American people is known. Let's hope that losing 50% of your money in eighteen months will help you remember by 2004.

      Congressman Bobby Barr and Cynthia McKinney were thrown out in the Georgia primaries. It shows that now its back to the middle. People aren't voting for the extremes anymore. But the fact that Bobby Barr was defeated by a two to one margin by a very moderate Republican scared the hell out of the Bush people. They read into that and it's confirmed by Cynthia McKinney's loss on the other side that the American people are moving back to the center, from the right back to the center. That frightens the Bush people because their agenda is so Hard Right and so extremist.

      Bush has just announced his new forest policy -- he's going to cut down the forests to save the tress. The details are that he's asking the US timber companies to thin the nation's forests in an effort to prevent forest fires. But naturally what he's doing is the companies will be able to keep all the money in exchange for which they're going to have to help out and become coordinated with the nation's forest fire-fighting services. In other words, the timber companies not only get to cut down half of all the forests, but they get to keep all the money. This is a literal windfall for the timber industry.

      This is like putting Tom Ridge in charge of our civil liberties, or it's like putting Richard Breeden in charge of the WorldCom investigation. (See The Bush Cabal: Turning the USA into a Banana Republic) It's another example of the Bushonian policy of putting the foxes in charge of the henhouses. He wants to let the timber companies cut down all the forests anyway, so this is the first step -- Republican Raping and Pillaging of National Resources Redoux.

      Despite Bushonian optimism and, as we have reported in the past, the National Council of Economists issued a forecast that there will be a double dip recession in the third quarter of this year 2002. Also as we have reported about Rumsfeld's complaining about leaks regarding potential invasion plans of Iraq. He pounded his fists again and said anyone who leaks documents should be in jail.

      Finally it was reported on CNN that in fact ALL of the leaks on the so-called invasion of Iraq have been orchestrated by the White House in order to drum up support for the War on Iraq and the War on Terrorism in general. It's no longer necessary for George Bush and Donald Rumsfeld to play the Good Cop/Bad Cop Routine on this issue. The people are beginning to se through this façade. This is the formal outing of the Rumsfeld/Bush Good Cop/ Bad Cop Routine. It's becoming ludicrous but we believe that the Good Secretary Rumsfeld should have his wish and all those leaking documents in question should be put in jail. That would clean up and clean out the White House.

      The national security court (FISA) issued a stinging rebuke of the Department of Justice under John Ashcroft. The court stated that the DoJ has since 9-11 lied 75 times in application for surveillance warrants in order to surveil against mostly American citizens The national security court was "much dismayed" at John Ashcroft's heavy handedness and his efforts to in their opinion to turn the Department of Justice into a "Modern Day Gestapo." It reminded the Attorney General that the court was there to maintain a firewall between law enforcement and domestic intelligence operations. Ashcroft has specifically asked the court that this wall be dismantled and that the Department of Justice be given "unlimited authority" to surveil upon American citizens -- at will.

      FBI agents come up with the submissions, but the Department of Justice submits the brief to the national security court. It should be noted that before 9-11 in the last 7,000 submissions the national security court only turned down one of the DoJ requests. Since then they have turned down numerous requests and have warned them against increasing heavy handedness. The statement virtually implied that the national security court would use its influence and block future requests for subpoenas if Ashcroft continues to try to turn the Department of Justice into an "American Gestapo."

      Everyone is astounded because the national security court has never released a public statement and it's a stinging rebuke of the Department of Justice -- and a rebuke of Ashcroft personally.

    The national security court exists within the Department of Justice. It operates like a defacto star chamber, even though it's located in the same building. It's where the Department of Justice has to go when they go from domestic law enforcement into intelligence matters. For a court, which is ostensibly controlled by the Bush White House to come up with such a rebuke -- it's unprecedented.

      The inference is that someone within this court has decided to take a stand, and that if not the Department of Justice could very well become a "Modern Day Gestapo."

      Maybe AlMartinRaw.com readers should send e-mails to the Department of Defense demanding that the White House deliver up the names of White House leakers to the Department of Justice for prosecution.

      Regarding the Commie Cat story in the Close Encounter with the Neighborhood Watch (See Bushonomics & Close Encounters with the Neighborhood Watch) we wanted to mention that "Fluffy" is not the cat's real name.

      The Fluffster started using an alias because of the dangerous Bushonian environment. Everyone's concerned about the growing mood of State Security in the nation, so even the cat decided he had better have an alias too.


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