imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
latest news
best of news




A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List


IMC Network:

Original Cities africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

The Bush Cabal: Turning the USA into a Banana Republic

by BushWhacker Wednesday, Jul. 17, 2002 at 2:17 AM

The Bush Cabal: Turning the USA into a Banana Republic

by Al Martin

The Bush Cabal: Turning the USA into a Banana Republic

(July 15) George Bush Jr. has appointed Richard Breeden as special

investigator to investigate the collapse of WorldCom. It was, of

course, Richard Breeden, in his former capacity as SEC Commissioner,

who directed the investigation of Harken Energy - three times no

less. There were three separate SEC investigations into Harken

Energy, and through the influence of George Bush Sr. (who put the arm

on him), Breeden gave George Bush Jr. a Get Out Of Jail Free card.

What do you think Breeden will discover in the WorldCom case?

The final SEC reports clearly stated that George Bush Jr.

committed stock fraud. Bush didn't disclose his holdings. He sold the

stock short before. He sold out his long positions after having

pumped up the stock with a lot of deceptive and bullish hype. Then he

would sell it short before news about the negative earnings came out.

(See excerpt on Bush's Harken Stock Fraud from "The Conspirators"

Harken Energy, after all, was a typical Bush pump-and-dump

stock swindle. The Bushes had manipulated the stock consistently

between about 1-1/4 and about 7-3/4 dollars a share. (Even I made

money on it)

Harken was a stock that the Bushes gave tips around to pay off

favors. In other words, you'd be told when to sell it or when to buy

it. This was a stock, which had nothing to do with what the company

actually did. The company's stock acted as an artifice to pay off

favors. There were the useless Bahrainian oil leases, even though

Harken Energy never even produced that much oil. It wasn't about the

oil business. It was simply about manipulating the shares in order to

generate profits on both the long and the short sides.

Putting Breeden in charge, then, is another case of putting the

fox in charge of the henhouse - to find out where the missing chicken


The World Resource Council group said the planet will run out

of life-sustaining resources by the year 2050 - unless population

growth is curtailed dramatically world wide, including the United

States. (This comes at a time when there are plans for mass

vaccinations of the US populace with highly toxic vaccines containing

thimerosal, so maybe a lot of useless eaters will die right on

schedule.) A United Nations group is asking the CDC (Center for

Disease Control) to make smallpox vaccinations mandatory. But we

don't want to get too conspiratorial…

In the WorldCom Hearings in Congress, a lot of guys invoked

their Fifth Amendment privilege, but there was this little short guy

with dark hair who meekly says, Well, Senator, I'd love to talk, but

the only reason I'm invoking my Fifth Amendment privilege is because

I don't have all of my money moved out of the country yet." He

actually said that. He should be given a gold star for speaking the


Bush was caught playing along to the crowd again. He acted

exasperated with all this talk of Generally Accepted Accounting

Principles. He said if you were to ask Americans what Generally

Accepted Accounting Principles are, nine out of ten wouldn't know.

Then he throws his hands up in the air and says, "Hell, I don't even

know what it means."

It should be added that perhaps that's why in George Bush's

capacity as a private businessman during his life, the four

businesses he ran - all failed.

Remember, all you aspiring Harvard MBA grads -- that's what an

MBA from Harvard will get you. You can fail your way to the top.

Especially if your last name is Bush.

Then Bush gave his big speech about unveiling a plan to fight

corporate fraud and to rectify all these accounting problems. It was

an extremely disappointing speech. The market immediately sold off

afterwards. He said the SEC doesn't need more legislation. All he did

was ask for more money for the SEC. It doesn't need more regulatory

authority, he says. It simply needs a billion dollar increase in its

budget to enforce the regulations already on the books.

This, they claim, is the consistent problem they've had. They

just don't have the money to enforce the regulations. And under his

breath, he said, "Thank God."

There was an excellent comment on his speech by William

Niskanen, the head of the Cato Institute. He said that Bush

specifically avoided the other half of the problem. Although he

talked about the accounting problem, he deliberately sidestepped the

problem of Republican connected fraud within corporations. He is not

proposing any new regulations to curtail the actual fraud part of

this problem. It is a two-part problem, 1. Accounting, and 2. The

actual commission of fraud.

When Niskanen was asked on CNBC, do you think somebody will

have to go to jail just to make a point to the American people that

something is being done? Niskanen smiled and said, "I'm sure that the

White House is busily looking through the short list of Democratic

scamscateers to try to find someone to put into jail."

The problem is that there are so few Democrats connected to

this fraud, so it is indeed a short list. He did mention however

Global Crossing in which there were some Democrat scamscateers


(Should we expect an indictment of DNC Chairman Terry McAuliffe

in the near future? Niskanen said, if I were Terry McAuliffe I'd be

looking at this with furrowed brows.)

Then on the Kudlow and Kramer Show (Larry Kudlow being the well

known economist and Reagan-Bush apologist), their guest was one of

the most prominent arch Right Wing Cabalists, namely C. Boyden Grey,

former White House counsel under both Reagan and Bush Regimes, who

was famous for forging the signature during the October Surprise


Grey was the one who signed his name as "Charles Smith" on the

hotel register in Paris, when he went with Bush Sr. for the secret

meeting with the Iranians.

The other guest was Arch-Bush Cabalist Bill Seidman, who was

accused of fraud during his tenure as RTC Chairman. While he was at

the Resolution Trust Corporation (RTC), he was accused of practicing

the same type of Republican Cabalist real estate fraud that was

previously practiced by the very same banks that he was overseeing in


Seidman was actually selling the defaulted properties and

mortgages back to his Cabalist friends at twenty cents on the dollar -

after they had been previously sold for twenty cents on the dollar

some fourteen times before.

C. Boyden Gray was very much in favor of President Bush's new

plan to get tough with corporate Republican fraud. Larry Kudlow said

this is very tough - preventing Republican cabalists from serving on

boards of directors ever again. This was awful punishment, he said.

(It's almost as bad as being a Republican cabalist in your multi-

million dollar beach house at Cayman Brac and being told that there's

no more cracked crab with lobster sauce for lunch.)

C. Boyden Grey, on the other hand, supported the new line that

if you come clean and tell the truth, then you won't face any

criminal sanctions and you will be allowed to quietly go to your

Caribbean or Swiss retreats with your ill-gotten gains.

Kramer said that people should be allowed to only keep so much

money and that they should have to forfeit a lot of the proceeds of


But Larry Kudlow said, "Obviously you haven't been to the

Cayman Islands recently, and you don't realize that the cost of

living has gone up. If you're a Republican Scamscateer in exile, with

these low interest rates, you need to have at least million to

have even a reasonable standard of living in the Cayman Islands."

Senator Daschle has said that the Bush Administration's new

plan to fight Republican Scamscateerism actually makes it more

difficult for whistle blowers to seek protection from the FBI. It is

even more difficult for whistle blowers to get a percentage of the


The Bush Administration wants to impose a minimum, which the

IRS or SEC is allowed to collect -- before any whistle-blowers can

collect. They are thus purposely discouraging whistleblowers.

In other news, a female airline passenger was put off an Air

West flight for asking if the pilots were sober or not. You remember

the incident before when two pilots were found to be drunk. She

complained and the federal sky marshal backed up the crew and said

that from now on, if any citizen asks whether the pilots are drunk,

it constitutes a matter of "flight security" -- any citizen who

questions the sobriety of airline personnel.

The federal air marshals want to encourage airline passengers

to be "respectful" of the flight crew personnel.

Larry Klayman's group Judicial Watch filed suit against Vice

President Dick Cheney alleging that in his capacity as CEO at

Halliburton, he undertook a massive scheme to defraud Halliburton

shareholders, including false accounting and stock manipulation,

which was specifically designed to enrich Republican cabalists.

At the same time, the SEC announced that it has stepped up its

investigation of Halliburton. They are investigating alleged

accounting irregularities and certain offshore limited partnership

deals which Cheney formed with other Bush Cabalists such as James

Baker and Frank Carlucci of the Carlyle Group. Klayman claims that

Cheney used Halliburton simply as an organization to enrich

Republican interests.

Meanwhile the market has entered an odd type of decline, i.e.,

when monthly economic statistics issued by the US Government clearly

indicate that the economy is beginning to grow again.

Most stock ratings services have announced that stock profits

are going to be up. This is actually a time, when you'd think the

market would begin to rally - but it doesn't.

A recent poll indicates that 78% of American investors have

simply lost confidence in the Bush Administration and their ability

to root out corporate fraud and their ability to soundly manage the


In other words, relatively good economic news is not overcoming

the loss of investor confidence-a dangerous sign. This is a sign that

investors are no longer acting rationally and that there is an

irrational fear in the market.

If the economy were growing stronger, the normal reaction would

be for people to buy stocks. The fraud is only part of it. Stock

prices are relatively cheap and probably already reflect the fraud to

a great degree. So this is a dangerous cycle we have now entered,

when there is an irrational fear. The market should be rallying, but

it's not.

There is a new fear of collapse and the herd mentality of the

market tends to make it a self-fulfilling prophecy.

It may come to the point that in order for the US to be saved,

both Bush and Cheney may have to resign to restore confidence.

You can't blame it on Greenspan. You can't blame it on the

Treasury Secretary or the head of the SEC. It is George Bush himself

and what he represents that is in itself the problem.

Now both President Bush and Vice President Cheney are under

investigation for frauds - Bush and his Harken stock fraud and Cheney

and his Halliburton scam. There's even a commercial about the fox in

the henhouse. It shows a fox running in the field and then it

mentions Bush's involvement in Harken Energy, Apache, Zapata and

National Heritage Life - all the stock frauds that George Bush Jr.

has been involved in. Then it talks about Cheney, and not only

Halliburton, but also all the oil companies and all the stock frauds

he's been involved in.

The Banana Republicans have taken over the country, and there's

no way out. There continues to be a negative reaction to Bush's

speech about cleaning up fraud. In fact, a recent poll claims that a

majority of people don't believe that George Bush and Company has the

political will to clean up corporate fraud because it is so heavily

intertwined with Republican interests.

This is Crony Capitalism (so popular in third world countries)

American Style. Finally, however, the Bush Cabal is becoming an

understandable entity to the people. This is the good that has come

out from all those people banging the drum out there and talking

about the Bush Cabal. Public opinion polls are finally starting to


And what's Bush's reaction to all this? He continues to leak

out information about starting a New War in Iraq - in order to once

again divert public attention.

Even mainstream media is having a harder and harder time

defending this Bushonian policy of leaking out state secrets in an

effort to divert public attention from the economy. This means that

all of the plans that they leak out - they can't really use. Why?

Because they've made them public knowledge. In other words, they got

all the political juice out of them, but as war operations or

planning go, they aren't any good anymore.

You're beginning to see people question this behavior even in

mainstream media. A lot of the retired military officers that

mainstream media uses as commentators, particularly guys like David

Hackworth, are saying that the Administration is doing this on

purpose - the constant leaking of secret information in an effort to

divert public attention from the dire state of the economy.

The House overwhelmingly approved the new Guns in the Cockpit

Law. There's a small provision in the bill, which the Office of

Homeland Security snuck in the back door, which I consider very


Part of this bill extends the federal law enforcement shield of

immunity to cockpit crewmembers. This is the first time that any law

has been passed, which allows the federal government to extend law

enforcement immunity to civilians. The Office of Homeland Security

will use this as a test case.

In other words, this portion of the bill will almost certainly

be legally challenged by somebody. The constitutionality will be

challenged and the Supreme Court will naturally agree that it is

constitutional. Of course.

Then the Office of Homeland Security will have a law, which has

been declared constitutional and will have a legal precedent set to

extend the federal law enforcement immunity laws to civilians.

The first people, who will have extended to them the federal

law enforcement shield of immunity, will be the members of the

Neighborhood Watch Association and members of the new Civilian

Defense Force.

The government will want these civilians to have protection

from lawsuits which will inevitably arise in the event that they

shoot someone. Or accidentally beat someone up. Or whatever.

Imagine how this will expand the power of the Office of

Homeland Security -- to extend the federal law enforcement shield of

immunity to private groups of citizens who are essentially acting in

a paramilitary capacity to support the State. You can imagine how

this can be misused.

The government could literally turn them into paralegal

paramilitary vigilante groups by extending federal immunity to them.

These groups could then act with impunity.

In essence, you would have government-sanctioned right-wing

militia groups running around the neighborhood doing what they will -

enforcing the authority and the "security" of the State.

The Neighborhood Watch groups would then become a government-

controlled militia group. They could then claim that the arming and

paramilitarization of the Neighborhood Watch is tucked neatly into

the Second Amendment, which gives the government the authority to

establish such groups. The government would have the authority to arm

them, train them and equip them - all under the guise of the Second


The government could literally create a Para militarized force,

which exists to enforce the will of the State.

If you as a citizen disagree with them, and they beat you up,

or shoot you, or arrest you, or torture you, you have no relief under

the law.

You have no recourse to sue them, and you can't sue the

government directly because they are only paramilitarized.

When this takes place in Somalia, they're called "militias"

or "warlords." It could then be called the Neighborhood Warlord

Association instead of Neighborhood Watch.

In Serbia, they were called the "White Eagles." They act on

behalf of government. Even in this country, as long as they are

listed as paramilitary forces, there is a legal difference.

(I'm watching CNN, which has been showing the new high tech

armed four-wheel drive vehicles and the new domestic suburban hover

drone. They're billing it as New Domestic Security Technology. We

reviewed it in a previous column called " Coming Soon Flying Fascism

at Your Doorstep"

Qwest Communications is also under criminal investigation by

the US Attorneys Office for stock fraud, manipulation, and kickbacks.

Qwest, by the way, has the greatest number of public complaints

against them by the people it serves.

Then there was testimony by Ashcroft, Rumsfeld, O'Neill and

Powell on the new proposed Department of Homeland Security. Ashcroft,

Rumsfeld said that we may have to ask the American people to give up

still more of their rights and liberties. He added that, at the same

time that we expect to save money through consolidation, we will

temporarily need even more billions of taxpayers' money in order to

put ourselves in a position to consolidate, in order to later save

the people money…

Treasury Secretary Paul O'Neill then admitted that Treasury

doesn't have any money left. Dick Armey asked if there was any hope

for a stock market recovery, and O'Neill replied, "Oh, I don't think

any time soon."

That's why I thought that we should now call the Americans the

Neo Sado-Masochists.

In the past, we have called the Canadians the Original Sado-

Masochists - as in "Whip Me, Beat Me, Tax Me Some More."

But now Americans have become the Neo Sado-Masochists. Not only

do we agree to have more of our civil rights and liberties taken from

us, but we also agree to pay for it at the same time.

In other words, we as Americans are paying our own government

to take away more of our civil rights and liberties.

At the same time, we support a regime, which through its fiscal

imprudence and economic recklessness, continues to cause the value of

our 401(k) and IRA accounts to diminish.

Thus, if you support the Bush Administration, you are saying,

in effect, "Raise my taxes. Take away my rights. Make the value of my

retirement plan go down." We the American People have therefore

become the Neo Sado-Masochists.

In response to the indignities imposed on air travelers at the

airports disguised as so-called "security", a 62-year old Frenchman

dropped his pants at Dade County's Miami International Airport.

The federal sky marshals have warned the people that any

citizen who attempts to moon anyone in an airport will be arrested

for violation of State Security.

Mooning has now become a violation of State Security.

Al Martin Raw has been warning people for years not to vote for

any more Bushes.

Anyone who has voted for Bushes has seen their IRA and 401(k)

accounts wiped out. They have seen their taxes increased. They have

seen their rights and liberties diminished.

Anyone who was stupid enough to vote for George Bush is now

getting his or her comeuppance. That's why I believe he will be a one-

term president. Unless we are totally out of our minds as a nation.

America is the Official Home of the Neo Sado-Masochists.

Everything is going to hell in a hand basket, and even mooning

in the USA could get you sent to Guantanamo.

AL MARTIN is America's foremost whistleblower on government

fraud and corruption. A retired US Navy Lt. Commander and former

officer in the Office of Naval Intelligence, he has testified before

Congress (the Kerry Committee and the Alexander Committee) regarding

Iran-Contra. Al Martin is the author of "The Conspirators: Secrets of

an Iran Contra Insider" (2001, National Liberty Press, .95; Toll

FREE order line: 1-866-317-1390) He lives at an undisclosed location,

since the criminals named in his book have been returned to national

power and prominence. His column "Behind the Scenes in the Beltway"

is published regularly on Al Martin Raw: Criminal Govt Conspiracy


Report this post as:

Local News

Why Should California Choose De Leon Over Feinstein? O10 9:55PM

Change Links September 2018 posted S02 10:22PM

More Scandals Rock Southern California Nuke Plant San Onofre A30 11:09PM

Site Outage Friday A30 3:49PM

Change Links August 2018 A14 1:56AM

Setback for Developer of SC Farm Land A12 11:09PM

More problems at Shutdown San Onofre Nuke J29 10:40PM

Change Links 2018 July posted J09 8:27PM

More Pix: "Families Belong Together," Pasadena J02 7:16PM

"Families Belong Together" March, Pasadena J02 7:08PM

Short Report on the Families Belong Together Protest in Los Angeles J30 11:26PM

Summer 2018 National Immigrant Solidarity Network News Alert! J11 6:58AM

Watch the Debate: Excluded Candidates for Governor of California M31 5:20AM

Change Links June 2018 posted M28 7:41AM

The Montrose Peace Vigil at 12 Years M22 8:01PM

Unity Archive Project M21 9:42AM

Dianne Feinstein's Promotion of War, Secret Animal Abuse, Military Profiteering, Censorshi M17 10:22PM

CA Senate Bill 1303 would require an independent coroner rather than being part of police M10 9:08PM

Three years after OC snitch scandal, no charges filed against sheriffs deputies M10 8:57PM

California police agencies violate Brown Act (open meetings) M02 8:31PM

Insane Company Wants To Send Nuke Plant Waste To New Mexico A29 11:47PM

Change Links May 2018 A27 8:40AM

Worker-Owned Car Wash on Vermont Closed A27 5:37AM

More Local News...

Other/Breaking News

Paraphysique du microcosme macrocosme O15 6:44AM

September 2018 Honduras coup update O15 3:31AM

The Nation Unites Against Brian Kemp, Most Racist Secretary of State in US O14 7:34AM

The Nation Unites Against Brian Kemp, Most Racist Secretary of State in US O14 7:23AM

Paraphysique de l'ubérisation O13 7:56AM

22 Ways Trump Has Increased US Deficit By 4 to 5 Trillion Dollars O12 10:34PM

Debunking Some Anti-Prop 10 Propaganda O12 6:56AM

Plus d'hôpitaux, à bas les aéros O12 6:38AM

When Banana Ruled (documentary) O11 3:00AM

Outstanding Report By RAMOLA D &Dr.Tomo Shibata O10 9:17PM

Dark Clouds Gather on Horizon for Financial System, Warns International Monetary Fund O10 1:51PM

Fbi pure evil & immorality O10 5:39AM

Reality Check: Palestinian-Israeli Coexistence is a Big Lie O09 7:40PM

Voiceless Animals: 2018 Candidates They Oppose O09 7:01PM

IMF Lowers Global Growth Projections and Raises Concerns of Financial Crisis O09 3:27PM

Canitie, l'inhumanité vieillit O09 7:13AM

L'anarchie en quelques exemples O07 6:50AM

100 Ways GOP Have Stolen Elections Since 1876 O06 12:03AM

Proximospective de l'univocité réifiée O05 6:27AM

“Kava-no!!!” O04 6:42PM

Trump & Palestine vs. Genesis, Rashi & The Land of Israel O03 6:29PM

The Criminality of the Elites O03 11:35AM

Business de l'inhumanitaire O03 7:51AM

Marriage Rape/Date Rape Highest Rapes O02 2:59PM

Women I Know Get Raped - Too Many Times To Count! O02 2:55PM

Women In USA Have Stockholm Syndrom O02 2:50PM

Shooting Drill's Are Political Actual Shootings O02 2:47PM

Dr. Ford's Father Works With CIA O02 2:44PM

More Breaking News...
© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy