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Octafish

(55,745 posts)
31. There's plenty of room for all, except the evil ones.
Thu Feb 14, 2013, 08:05 PM
Feb 2013

I'm talking BFEE, see?



What a smart guy said:



The Bush Family: A Continuing Criminal Enterprise?

Gary W. Potter, PhD.
Professor, Criminal Justice
Eastern Kentucky University

The S&Ls, the Mob and the Bushs

During the 1980's hundred of Savings and Loan Banks failed. Those bank failures cost U.S. taxpayers over $500 billion to cover federally insured losses, and much more to investigate the bank failures (Pizzo, Fricker, and Muolo, 1989; Brewton, 1992; Johnston, 1990). More than 75% of the Savings and Loan insolvencies where directly linked to serious and often criminal misconduct by senior financial insiders (Pizzo, Fricker and Muolo, 1989: 305). In fact, less than 10 percent of bank failures are related to economic conditions, the rest are caused by mismanagement or criminal conduct (Pizzo, Fricker and Muolo, 1989: 305).

A good example of the Savings and Loan failures can be found in the activities of Mario Renda, a Savings and Loan insider who often worked in close collaboration with organized crime (Pizzo, Fricker and Muolo, 1989: 123-126;302). Renda served as a middle man in arranging about $5 billion a year in deposits into 130 Savings and Loans, all of which failed (Kwitny, 1992: 27). Many of these deposits were made contingent on an agreement that the Savings and Loan involved would lend money to borrowers recommended by Renda, many of whom were organized crime figures or people entirely unknown to the banking institution involved (Kwitny, 1992: 27).

SNIP...

Prescott Bush: The Yakuza’s Frontman

Finally, and perhaps most seriously, the Bush family pioneered the practice which has now become commonplace of collaboration between corporate and organized criminals. Prescott Bush, uncle of the current President and brother of the former President, played a key role in helping the Japanese Yakuza extend their financial and real estate holdings to the United States. In 1989, Prescott Bush made arrangements for a front company for Japanese organized crime groups to buy into two U.S. corporations and to make a sizeable real investment in the U.S. (Helm, 1991a: 1; Isikoff, 1992: A1). West Tsusho, a Japanese corporation, was identified by Japanese police officials as a front company for one of that country’s largest organized crime syndicates. Prescott Bush was paid a fee of $500,000 for his help in negotiating West Tsusho’s purchase of controlling interest in Assets Management, a U.S. corporation (Helm, 1991a: 1; Isikoff, 1992: A1). Bush also assisted the Japanese mob in investing in Quantam Access, a U.S. software company, which was ultimately taken over by the Japanese (Helm, 1991b: 10; Isikoff, 1992: A1). Both companies ultimately went into bankruptcy (Isikoff, 1992: A1; Moses, 1992).

George Bush Sr.: Shutting Down the Organize Crime Strike Forces

Despite assessments from senior law enforcement officers and experts on organized crime that efforts to control organized crime would be crippled, in December 1989, the administration of George Bush, Sr. abolished all 14 regional organized crime strike forces (McAlister, 1989: A 21; Struck out, 1990). The organized crime strike had been created as independent entities so they would not be subject to political influences or bureaucratic wrangling within federal law enforcement. In the two decades of their operation the strike forces had secured convictions of major organized crime figures in several U.S. cities (Struck out, 1990). It is at the very least curious to note that the federal strike force in Miami had been responsible for indicting Miguel Recarey, the man for whom Jeb Bush had intervened with regulators. Organized crime strike forces had similarly indicted Mario Renda, the organized crime liaison to the S& L’s, as well as several other key figures in the Savings and Loan Fiasco (Pizzo, Fricker, and Mulolo, 1989: 112, 120-123, 303, 337).

CONTINUED...

http://critcrim.org/critpapers/potter.htm



That's the way a professor of criminal justice puts it. Me, to get a better handle on War Inc's first family, I call them the "BFEE" for short. Sorry if I offended anyone other than those who deserve offending.

Recommendations

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

W wasn't just a fool, the man had no conscience Az_lefty Feb 2013 #1
Sociopath, psychopath, nutjob - just don't call him monster. Octafish Feb 2013 #4
Post removed Post removed Feb 2013 #2
Forgetting is the first step to being unprincipled-- and thus losing voters. johnnyreb Feb 2013 #3
The Supremos installed Smirko 5-4 and it's been pure NAZI ever since. Octafish Feb 2013 #5
I HATE Bush. I hope he rots in hell. eom Th1onein Feb 2013 #6
First, a cell. Octafish Feb 2013 #11
Economically rational. OnyxCollie Feb 2013 #7
Team B: The trillion-dollar experiment Octafish Feb 2013 #14
One of the truest things he ever said. I remember it. KeepItReal Feb 2013 #8
Bush on the events of 9/11: ''We got a laugh out of it.'' Octafish Feb 2013 #18
I never defend bush, can't stand the man. However, I'm pretty sure you're getting the meaning wrong. Kurska Feb 2013 #9
Here's the transcript. The guy's words show he's only the latest in a long line of warmongers. Octafish Feb 2013 #10
The Ruling Class... CanSocDem Feb 2013 #15
Cindy Sheehan pegged the Coward of Crawford and brought up a hero of democracy, Gen. Smedley Butler. Octafish Feb 2013 #16
Still not seeing it Kurska Feb 2013 #19
Smirk and all made it a most revealing moment for me. Here's the clip of the guy: Octafish Feb 2013 #24
the war racket is an institution G_j Feb 2013 #12
Smedley Butler on Interventionism Octafish Feb 2013 #20
I've often wondered about who was really behind the assassination of Lincoln.... OldDem2012 Feb 2013 #27
That makes me sad. Assassination isn't the end of the treason. Plotters intend on grabbing power. Octafish Feb 2013 #28
The comments from W that always stuck in my head were.... OldDem2012 Feb 2013 #13
Idée Fixe Octafish Feb 2013 #21
I noticed you referenced Prouty's book, "The Secret Team".... OldDem2012 Feb 2013 #25
I am still pissed that Nancy Pelosi never pursued impeachment. Initech Feb 2013 #17
Come on, Initech. You know the GOP would have extended the same professional courtesy. Octafish Feb 2013 #22
Yeah that's definitely true! Initech Feb 2013 #23
You insult satanism by associating it with Chimpy darkangel218 Feb 2013 #26
Good point. I've changed the subject line. Octafish Feb 2013 #30
Hey, leave us Satanists out of it n/t Prophet 451 Feb 2013 #29
There's plenty of room for all, except the evil ones. Octafish Feb 2013 #31
"Evil is Real" 2005 inaugural music mp3 johnnyreb Feb 2013 #32
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