Heroic USAF Captain Defied Orders and Stopped America From Starting World War III in 1962...

[Octafish]

33. War is a profit center for Wall Street

...where the really Big Bucks go to get made.

Sometimes a fortune off war rests on a mere scrap of information, like in a "Fistful of Dollars."

CIA moonlights in corporate world

In the midst of two wars and the fight against Al Qaeda, the CIA is offering operatives a chance to peddle their expertise to private companies on the side — a policy that gives financial firms and hedge funds access to the nation’s top-level intelligence talent, POLITICO has learned.

In one case, these active-duty officers moonlighted at a hedge-fund consulting firm that wanted to tap their expertise in “deception detection,” the highly specialized art of telling when executives may be lying based on clues in a conversation.

The never-before-revealed policy comes to light as the CIA and other intelligence agencies are once again under fire for failing to “connect the dots,” this time in the Christmas Day bombing plot on Northwest Flight 253.

SNIP...

But the close ties between active-duty and retired CIA officers at one consulting company show the degree to which CIA-style intelligence gathering techniques have been employed by hedge funds and financial institutions in the global economy.

The firm is called Business Intelligence Advisors, and it is based in Boston. BIA was founded and is staffed by a number of retired CIA officers, and it specializes in the arcane field of “deception detection.” BIA’s clients have included Goldman Sachs and the enormous hedge fund SAC Capital Advisors, according to spokesmen for both firms.

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http://www.politico.com/news/stories/0110/32290.html#ixzz0eIFPhHBh

Then there's the signature tradition of playing both sides off the middle, like selling rifles to both the Allies and the Central Powers during World War I, or the bounty hunters in "For a Few Dollars More" getting one inside to work out.

Stratfor: executive boasted of 'trusted former CIA cronies'

By Alex Spillius, Diplomatic Correspondent
9:08PM GMT 28 Feb 2012
The Telegraph

A senior executive with the private intelligence firm Stratfor boasted to colleagues about his "trusted former CIA cronies" and promised to "see what I can uncover" about a classified FBI investigation, according to emails released by the WikiLeaks.

Fred Burton, vice president of intelligence at the Texas firm, also informed members of staff that he had a copy of the confidential indictment on Julian Assange, the founder of WikiLeaks.

The second batch of five million internal Stratfor emails obtained by the Anonymous computer hacking group revealed that the company has high level sources within the United States and other governments, runs a network of paid informants that includes embassy staff and journalists and planned a hedge fund, Stratcap, based on its secret intelligence.

SNIP...

Mr Assange labelled the company as a "private intelligence Enron", in reference to the energy giant that collapsed after a false accounting scandal.

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http://www.telegraph.co.uk/news/worldnews/northamerica/usa/9111784/Stratfor-executive-boasted-of-trusted-former-CIA-cronies.html

Then, there's Booz Allen, NSA's go-to private spyhaus, vacuums and filters the right stuff for Carlyle Group, a buy-partisan business which always seems to know where and what to bomb and make a buck, but the lines between sides turned out be fuzzy and amorphous nebula-like -- like in "The Good, the Bad, and the Ugly."

The Knights of the Revolving Door

When War is Swell: the Carlyle Group and the Middle East at War

by JEFFREY ST. CLAIR
CounterPunch, Weekend Edition September 6-8, 2013

Paris.

A couple of weeks ago, in a dress rehearsal for her next presidential campaign, Hillary Clinton, the doyenne of humanitarian interventionism, made a pit-stop at the Carlyle Group to brief former luminaries of the imperial war rooms about her shoot-first-don’t-ask-questions foreign policy.

For those of you who have put the playbill of the Bush administration into a time capsule and buried it beneath the compost bin, the Carlyle Group is essentially a hedge fund for war-making and high tech espionage. They are the people who brought you the Iraq war and all those intrusive niceties of Homeland Security. Call them the Knights of the Revolving Door, many of Carlyle’s executives and investors having spent decades in the Pentagon, the CIA or the State Department, before cashing in for more lucrative careers as war profiteers. They are now licking their chops at the prospect for an all-out war against Syria, no doubt hoping that the conflagration will soon spread to Lebanon, Jordan and, the big prize, Iran.

For a refresher course on the sprawling tentacles of the Carlyle Group, here’s an essay that first appeared in CounterPunch’s print edition in 2004. Sadly, not much has changed in the intervening years, except these feted souls have gotten much, much richer. – JSC

Across all fronts, Bush’s war deteriorates with stunning rapidity. The death count of American soldiers killed in Iraq will soon top 1000, with no end in sight. The members of the handpicked Iraqi Governor Council are being knocked off one after another. Once loyal Shia clerics, like Ayatollah Sistani, are now telling the administration to pull out or face a nationalist insurgency. The trail of culpability for the abuse, torture and murder of Iraqi detainees seems to lead inexorably into the office of Donald Rumsfeld. The war for Iraqi oil has ended up driving the price of crude oil through the roof. Even Kurdish leaders, brutalized by the Ba’athists for decades, are now saying Iraq was a safer place under their nemesis Saddam Hussein. Like Medea whacking her own kids, the US turned on its own creation, Ahmed Chalabi, raiding his Baghdad compound and fingering him as an agent of the ayatollahs of Iran. And on and on it goes.

Still not all of the president’s men are in a despairing mood. Amid the wreckage, there remain opportunities for profit and plunder. Halliburton and Bechtel’s triumphs in Iraq have been chewed over for months. Less well chronicled is the profiteering of the Carlyle Group, a company with ties that extend directly into the Oval Office itself.

Even Pappy Bush stands in line to profit handsomely from his son’s war making. The former president is on retainer with the Carlyle Group, the largest privately held defense contractor in the nation. Carlyle is run by Frank Carlucci, who served as the National Security advisor and Secretary of Defense under Ronald Reagan. Carlucci has his own embeds in the current Bush administration. At Princeton, his college roommate was Donald Rumsfeld. They’ve remained close friends and business associates ever since. When you have friends like this, you don’t need to hire lobbyists..

Bush Sr. serves as a kind of global emissary for Carlyle. The ex-president doesn’t negotiate arms deals; he simply opens the door for them, a kind of high level meet-and-greet. His special area of influence is the Middle East, primarily Saudi Arabia, where the Bush family has extensive business and political ties. According to an account in the Washington Post, Bush Sr. earns around $500,000 for each speech he makes on Carlyle’s behalf.

One of the Saudi investors lured to Carlyle by Bush was the BinLaden Group, the construction conglomerate owned by the family of Osama bin Laden. According to an investigation by the Wall Street Journal, Bush convinced Shafiq Bin Laden, Osama’s half brother, to sink $2 million of BinLaden Group money into Carlyle’s accounts. In a pr move, the Carlyle group cut its ties to the BinLaden Group in October 2001.

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http://www.counterpunch.org/2013/09/06/when-war-is-swell-the-carlyle-group-and-the-middle-east-at-war/

This barely scratches the surface. The reality is that underneath what shows for public navigators is one enormous iceberg made from blood-red ice, invisible to the proles and serfs who are doing their best to keep afloat in a frozen sea of austerity, endless war and debt servitude. And these are, by far, the wealthiest times in human history.

Note some interesting ties to the subject this on that General Walker fellah. The guy's almost forgotten these days, but was the rage in Dixie and of the rightwing nutjobs at the John Birch Society, founded by Fred Koch.

From 2005: Know your BFEE: War Profiteers