Monday, January 23, 2006

the Bush and bin Laden families - business partners for two decades

the Bush and bin Laden families - business partners for two decades

Great site, good cartoons. Very Significant.

See No Evil: What Bush Didn't (Want To) Know About 9/11
Saturday, March 1, 2003

Did Our President Spike The Investigation Of Bin Laden?
by Greg Palast

... I still didn't have an answer to all my questions. We knew that Clinton and the Bushes were reluctant to discomfort the Saudis by unearthing their connections to terrorists -- but what made this new president take particular care to protect the Saudis, even to the point of stymying his own intelligence agencies?

The answers kept coming back: "Carlyle" and Arbusto.
"While some people have guardian angels, our president seems to have guardian sheiks....

Behind Carlyle is a private, invitation-only investment group whose holdings in the war industry make it effectively one of America's biggest defense contractors.

For example, Carlyle owned United Technologies, the maker of our fighter jets. Carlyle has the distinction of claiming both of the presidents Bush as paid retainers.

Dubya served on the board of Carlyle's Caterair airplane food company until it went bust. The senior Bush traveled to Saudi Arabia for Carlyle in 1999. The bin Ladens were among Carlyle's select backers until just after the 9/11 attacks, when the connection became impolitic.

The company's chairman is Frank Carlucci, Bush Sr.'s former defense secretary. The average Carlyle partner has gained about $25 million in equity.

Notably, Saudi Prince Al Waleed bin Talal bin Abdul Aziz employed Carlyle as his advisor in buying up 10 percent of Citicorp's preferred stock.

The choice of Carlyle for the high-fee work was odd, as the group is not an investment bank. One would almost think the Saudi potentate wanted to enrich Carlyle's members....

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