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Octafish

(55,745 posts)
11. One entity's fraud is another corporation's treasure.
Sun Apr 6, 2014, 10:59 AM
Apr 2014

Look who's making a buck off the War on Terror:



The Carlyle Group

excerpted from the book

The Exception to the Rulers

by Amy Goodman

The feeding frenzy began the morning of 9/11. As my neighbors and coworkers were choking on the debris of the World Trade Center, a windfall awaited a powerful group gathered at the Ritz Carlton hotel in Washington, D.C. The secretive Carlyle Group was holding its annual investors' conference. The private investment company, named for the swank Manhattan hotel where the group was formed in 1987, has tentacles in both the Washington power elite and the Saudi ruling class. In town for the meetings was former President George H. W. Bush, then a senior adviser to Carlyle. He was joined by a cast of characters who have been fixtures in Bush regimes over the years.

There was Reagan's former secretary of defense Frank Carlucci, then head of the Carlyle Group. James Baker III, secretary of state under Bush Sr. - better known as the choreographer of Bush Jr.'s theft of the 2000 election - was also there in his capacity as Carlyle's senior counsel. But it wasn't just Bush's inner circle gathering that day. They were joined by a man by the name of Shafiq bin Laden, brother of Osama bin Laden. It wasn't the first time a bin Laden had worked with Washington's power elite, and this particular bin Laden was a longtime friend and benefactor of the Bush clan. Bush Sr. left the meetings early, but the rest of the men were just finishing breakfast when Shafiq's brother's plot culminated in airplanes slamming into the World Trade Center and the Pentagon.

A bizarre coincidence? No, the meeting was just business as usual for the Bushes, whose family fortunes have been greased by Saudi oil money for decades. That helps explain why, when the United States grounded all aircraft on that terrible day, one exception was made: Top White House officials authorized planes to pick up 140 Saudis, including two dozen members of the bin Laden family, from ten cities and spirit them back to Saudi Arabia. Dale Watson, the former head of counterterrorism at the FBI, conceded in Vanity Fair that the departing Saudis "were not subject to serious interviews or interrogations. "

Tom Kinton, director of aviation at Boston's Logan Airport, was incredulous, according to Vanity Fair. With the airport still closed and reeling from the 9/11 attacks, Kinton received the order to allow the bin Ladens to fly. "We were in the midst of the worst terrorist act in history and here we were seeing an evacuation of the bin Ladens!" he exclaimed...

A month after the terror attacks, the Carlyle Group took its subsidiary, United Defense, public. It noted in its financial filings that "the Bush administration's recently published Quadrennial Defense Review calls for ... increasing investment ... to enable U.S. military forces to more effectively counter emerging threats."

Translation: We just got check-writing privileges at the U.S. Treasury.

Carlyle netted profits of $237 million in that one day, making three times as much on paper. The old adage has never been truer: It pays to have friends in high places.

CONTINUED...

http://www.thirdworldtraveler.com/Bush_Gang/CarlyleGroup_TETTR.html



Speaking of promotions, Frank C. of the Carlyle Group would like to interest you in a floating city seaboard condominium, perfect for escaping revolutions, economic collapses and justice:



The Really Creepy People Behind the Libertarian-Inspired Billionaire Sea Castles

The stinking rich are planning billion-dollar luxury liners that keep the land-based Americans they've plundered at a safe distance.

AlterNet / By Mark Ames
June 1, 2010

What happens when Americans plunder America and leave it broken, destitute and seething mad? Where do these fabulously wealthy Americans go with their loot, if America isn't a safe, secure, or even desirable place to spend their riches? What if they lose faith in their gated communities, because those plush gated communities are surrounded by millions of pissed-off Americans stripped of their entitlements, and who now want in?

The first such floating castle has been christened the " Utopia"--the South Korean firm Samsung has been contracted to build the $1.1 billion ship, due to be launched in 2013. Already orders are coming in to buy one of the Utopia's 200 or so mansions for sale- -which range in price from about $4 million for the smallest condos to over $26 million for 6,600 square-foot "estates." The largest mansion is a whopping 40,000 square feet, and sells for $160 million.

SNIP...

Both Thiel and Milton Friedman's grandson see democracy as the enemy--last year, Thiel wrote "I no longer believe that freedom and democracy are compatible" at about the same time that Milton Friedman's grandson proclaimed, "Democracy is not the answer." Both published their anti-democracy proclamations in the same billionaire-Koch-family-funded outlet, Cato Unbound, one of the oldest billionaire-fed libertarian welfare dispensaries. Friedman's answer for Thiel's democracy problem is to build offshore libertarian pod-fortresses where the libertarian way rules. It's probably better for everyone if Milton Friedman's grandson and Peter Thiel leave us forever for their libertarian ocean lair--Thiel believes that America went down the tubes ever since it gave women the right to vote, and he was outed as the sponsor of accused felon James O'Keefe's smear videos that brought ACORN to ruin.

SNIP...

While neither Bush nor the Bin Ladens are principals in the Frontier Group, its founding director, Frank Carlucci, is a name they know well, and you should too. Carlucci ran the Carlyle Group as its chairman from 1989 through 2005, right around the time that the wars started going undeniably bad, and floating castles started to look like a viable plan. But Carlucci's past is much weirder and scarier than most of us care to know: whether it's his strangely timed appearances in some of the ugliest assassinations and coups in modern history, or serving as Carter's number two man in the CIA, and Ronald Reagan's Secretary of Defense, if Frank Carlucci (nicknamed "Creepy Carlucci" and "Spooky Frank&quot is the founding director of a firm that's building floating castles, it's a bad sign for those of us left behind.

I'll get into Carlucci's partners in the Frontier Group in a moment, but first, let's reacquaint ourselves with Frank Carlucci. From an early age, Carlucci learned the importance of getting to know the right people in the right places. He studied at Princeton in the mid-1950s, where as luck should have it, Carlucci roomed with Donald Rumsfeld. Both Carlucci and Rumsfeld shared a passion for Greco-Roman wrestling at Princeton, and both went on to serve in the Navy after Princeton. Their paths would split and merge several times over the next few decades, even as they remained close personal friends throughout their lives. In the late 1950s, Carlucci briefly served as an executive at a lingerie manufacturer, Jantzen (the Victoria's Secret of its day), but quickly left to join the State Department.

CONTINUED...

http://www.alternet.org/story/147058/the_really_creepy_people_behind_the_libertarian-inspired_billionaire_sea_castles



I'm so old, delta17, I remember when traitors, gangsters and crooks actually got prosecuted instead of promoted.

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