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Octafish

(55,745 posts)
7. So why not post about the Bush crime family and their cronies?
Wed Jan 8, 2014, 11:56 AM
Jan 2014

It'd help, you know, inform rather than entertain -- or, as in your current examples, divert.

For those interested in the subject of how to get away with stealing a trillion:



The S & L Bailout:

$32 billion every year for 30 years


excerpted from the book

Take the Rich Off Welfare

by Mark Zepezauer and Arthur Naiman

Odonian Press, 1996

EXCERPT...

By the time Ronald Reagan took office in 1981, two-thirds of the nation's S&Ls were losing money and many were broke. If all the problem thrifts had been shut down right then, the government's insurance fund would have covered their debts.

SNIP...

Beebe also had money in Silverado Savings, an S&L partly owned by President Bush's son Neil. Silverado told a prospective borrower he couldn't have $10 million; instead, he should borrow $15 million and buy $5 million in Silverado stock.

Although federal examiners knew Silverado was leaking cash as early as 1985, it wasn't closed down until December 1988, a month after Bush was elected president. Because Silverado kept leaking cash for those three years, it ended up costing taxpayers more than a billion dollars.

Robert Corson, who helped the CIA smuggle and launder money, bought Kleburg County Savings and Loan and bankrupted it in nine months. Houston Post reporter Pete Brewton found 24 failed S&Ls with ties to the ClA. One of these was Peoples Savings and Loan in Llano, Texas, which loaned $3 million to Ray Corona, a drug smuggler, and $2.3 million to his associate Harold White.

One of Corona's drug-smuggling associates was Frank Castro, a Cuban exile involved in Oliver North's contra resupply network. Herman Beebe's Palmer National Bank was also involved with North; it loaned money to customers who then channeled it to the Swiss bank accounts used to supply the contras.

CONTINUED...

http://www.thirdworldtraveler.com/Corporate_Welfare/S%26L_Bailout.html



The magnus opus, IMFO, is Pete Brewton's "The Mafia, CIA and George Bush." Readers are leaders, snooper2. What people who watch tee vee are is manipulated.

Recommendations

0 members have recommended this reply (displayed in chronological order):

How the Elite Talk in Code [View all] Octafish Jan 2014 OP
too fat, too skinny, Hellllllllllllllooooooooooo BABY! snooper2 Jan 2014 #1
Interesting what you got out of it, snooper2. Octafish Jan 2014 #3
I familiar with all of the shady shit the bush fuckers have done over the years snooper2 Jan 2014 #4
So why not post about the Bush crime family and their cronies? Octafish Jan 2014 #7
Yet another who made his money the old-fashioned way. QuestForSense Jan 2014 #18
K&R This is the fight that matters. n/t Egalitarian Thug Jan 2014 #2
The Elite can handle volume. Octafish Jan 2014 #5
"...add zero to the real conversation"?!? What are you talkin' about? lastlib Jan 2014 #6
Excellent catch and point. Octafish Jan 2014 #8
I've read the Powell manifesto.... lastlib Jan 2014 #9
I think many/most know this ... 1StrongBlackMan Jan 2014 #15
Did you ever see Poppy Bush's letter on behalf of Silverado Neil to regulator Ashley before? Octafish Jan 2014 #19
Well. at least for the last couple thousand years. n/t Egalitarian Thug Jan 2014 #22
That doesn't strike me as an "elite" thing. Hosnon Jan 2014 #10
I can't remember Poppy saying -- let alone doing -- much for anyone, except a son or crony. Octafish Jan 2014 #12
I think the point is ... 1StrongBlackMan Jan 2014 #16
K&R.... daleanime Jan 2014 #11
Why it makes dollars and cents... Octafish Jan 2014 #14
Nice quote.... daleanime Jan 2014 #17
The Bush family got away with so many crimes, it caused me to lose most of my respect Rex Jan 2014 #13
I know what you mean, Rex. Octafish Jan 2014 #20
It's definitely far beyond Neuro Linguistic Programming, isn't it? K&R#50 bobthedrummer Jan 2014 #21
The anti-corruption plain language guide Octafish Jan 2014 #26
Never write if you can speak One_Life_To_Give Jan 2014 #23
The Wink. Octafish Jan 2014 #27
Its a small club, and we ain't in it. bvar22 Jan 2014 #24
God Bless You, Mr. Rosewater, for slurping lessons... Octafish Jan 2014 #28
Earth killing thieving warmongering bullshitlers are still up to no good and forever more as long as lonestarnot Jan 2014 #25
There aren't enough corrupt cops in the universe to protect them... Octafish Jan 2014 #29
Yes, there is always the hot flame of truth. OMG that link boils my blood! lonestarnot Jan 2014 #30
Here's what else the Elite fear: having to share their loot... Octafish Jan 2014 #31
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