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Skidmore

(37,364 posts)
Tue Jan 27, 2015, 08:40 PM Jan 2015

In Search of Trillionaires: Bush’s Hidden Nazi Trillions

Because the BFEE is surfacing again.

http://www.billionairesaustralia.com/search-trillionaires-bushs-hidden-nazi-trillions/

Why is the Bush family name so synonymous with war you may ask. Well, we asked ourselves the same question.

Is the Bush family’s history with wars – World War II and the Iraq War –more than just mere coincidence and bad timing? Or could it be that, in fact, war brings wealth to the historically powerful family?

Upon beginning our investigations into the Bush family’s fortunes, we weren’t expecting to uncover that much, maybe a few odd secret trusts and some hidden dealings with oil and weapons companies. But sources suggest that over the years the family has gained greatly from secret dealings with the enemies of the world.....more
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In Search of Trillionaires: Bush’s Hidden Nazi Trillions (Original Post) Skidmore Jan 2015 OP
Great article! The part about Carlyle Group only told half the story. Octafish Jan 2015 #1

Octafish

(55,745 posts)
1. Great article! The part about Carlyle Group only told half the story.
Tue Jan 27, 2015, 10:44 PM
Jan 2015

Booz Allen Hamilton, NSA's go-to, must-have company for privatized spying on US citizenry is owned by Carlyle Group.



Behind the Curtain: Booz Allen Hamilton and its Owner, The Carlyle Group

Written by Bob Adelmann
The New American; June 13, 2013

According to writers Thomas Heath and Marjorie Censer at the Washington Post, The Carlyle Group and its errant child, Booz Allen Hamilton (BAH), have a public relations problem, thanks to NSA leaker and former BAH employee Edward Snowden. By the time top management at BAH learned that one of their top level agents had gone rogue, and terminated his employment, it was too late.

For years Carlyle had, according to the Post, “nurtured a reputation as a financially sophisticated asset manager that buys and sells everything from railroads to oil refineries”; but now the light from the Snowden revelations has revealed nothing more than two companies, parent and child, “bound by the thread of turning government secrets into profits.”

And have they ever. When The Carlyle Group bought BAH back in 2008, it was totally dependent upon government contracts in the fields of information technology (IT) and systems engineering for its bread and butter. But there wasn't much butter: After two years the company’s gross revenues were $5.1 billion but net profits were a minuscule $25 million, close to a rounding error on the company’s financial statement. In 2012, however, BAH grossed $5.8 billion and showed earnings of $219 million, nearly a nine-fold increase in net revenues and a nice gain in value for Carlyle.

Unwittingly, the Post authors exposed the real reason for the jump in profitability: close ties and interconnected relationships between top people at Carlyle and BAH, and the agencies with which they are working. The authors quoted George Price, an equity analyst at BB&T Capital: "[Booz Allen has] got a great brand, they've focused over time on hiring top people, including bringing on people who have a lot of senior government experience." (Emphasis added.)

For instance, James Clapper had a stint at BAH before becoming the current Director of National Intelligence; George Little consulted with BAH before taking a position at the Central Intelligence Agency; John McConnell, now vice chairman at BAH, was director of the National Security Agency (NSA) in the ‘90s before moving up to director of national intelligence in 2007; Todd Park began his career with BAH and now serves as the country's chief technology officer; James Woolsey, currently a senior vice president at BAH, served in the past as director of the Central Intelligence Agency; and so on.

BAH has had more than a little problem with self-dealing and conflicts of interest over the years. For instance in 2006 the European Commission asked the American Civil Liberties Union (ACLU) and Privacy International (PI) to investigate BAH’s involvement with President George Bush’s SWIFT surveillance program, which was viewed by that administration as “just another tool” in its so-called “War on Terror.” The only problem is that it was illegal, as it violated U.S., Belgian, and European privacy laws. BAH was right in the middle of it. According to the ACLU/PI report,

Though Booz Allen’s role is to verify that the access to the SWIFT data is not abused, its relationship with the U.S. Government calls its objectivity significantly into question. (Emphasis added.)

Among Booz Allen’s senior consulting staff are several former members of the intelligence community, including a former Director of the CIA and a former director of the NSA.


As noted by Barry Steinhardt, an ACLU director, “It’s bad enough that the [Bush] administration is trying to hold out a private company as a substitute for genuine checks and balances on its surveillance activities. But of all companies to perform audits on a secret surveillance program, it would be difficult to find one less objective and more intertwined with the U.S. government security establishment.” (Emphasis added.)

CONTINUED w Links n Privatized INTEL...

http://www.thenewamerican.com/usnews/crime/item/15696-behind-the-curtain-booz-allen-hamilton-and-its-owner-the-carlyle-group

Thanks for the heads up on that NAZI Trillionaires article, Skidmore! While I don't know the actual numbers, a trillion is as good a guess seeing how well we're living in Detroit in these times of austerity and money trumping peace.
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