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Octafish

(55,745 posts)
28. And the talking heads on tee vee wonder, ''What's the problem?''
Wed Jan 27, 2016, 01:35 PM
Jan 2016

Generation upon generation, knowing only service to power and property.



Kevin Phillips called them a ''multigenerational family of fibbers.''



The Barreling Bushes

Four generations of the dynasty have chased profits through cozy ties with Mideast leaders, spinning webs of conflicts of interest

by Kevin Phillips
Published on Sunday, January 11, 2004 by the Los Angeles Times

EXCERPT...

During these years, Bush's four sons - George W., Jeb, Neil and Marvin - were following in the family footsteps, lining up business deals with Saudi, Kuwaiti and Bahraini moneymen and cozying up to BCCI. The Middle East was becoming a convenient family money spigot.

Eldest son George W. Bush made his first Middle East connection in the late 1970s with James Bath, a Texas businessmen who served as the North American representative for two rich Saudis (and Osama bin Laden relatives) - billionaire Salem bin Laden and banker and BCCI insider Khalid bin Mahfouz. Bath put $50,000 into Bush's 1979 Arbusto oil partnership, probably using Bin Laden-Bin Mahfouz funds.

In the late 1980s, after several failed oil ventures, the future 43rd president let the ailing oil business in which he was a major stockholder and chairman be bought out by another foreign-influenced operation, Harken Energy. The Wall Street Journal commented in 1991, "The mosaic of BCCI connections surrounding Harken Energy may prove nothing more than how ubiquitous the rogue bank's ties were. But the number of BCCI-connected people who had dealings with Harken - all since George W. Bush came on board - likewise raises the question of whether they mask an effort to cozy up to a presidential son."

Other hints of cronyism came in 1990 when inexperienced Harken got a major contract to drill in the Persian Gulf for the government of Bahrain. Time magazine reporters Jonathan Beaty and S.C. Gwynne, in their book "The Outlaw Bank," concluded "that Mahfouz, or other BCCI players, must have had a hand in steering the oil-drilling contract to the president's son." The web entangling the Bush presidencies was already being spun.

CONTINUED...

http://faculty.plts.edu/gpence/html/kevin_phillips.htm




The people who tried to overthrow FDR in 1933 had kids.

And they are the ones* screwing America now.

What's different today, is we don't have Smedley Butler or FDR to stop them.



Baron de Rothschild and Prescott Bush, share a moment and some information, back in the day.

* Of course, it's not just a few rich families's offspring who screw the majority today. They've hired help and built up the giant noise machine to continue their work overthrowing the progress FDR and the New Deal brought America for 80 years.

Why would the nation and world's richest people do that? Progress costs money. And they don't want to pay for it, even when they've gained more wealth than all of history put together. Instead, whey continue to work -- legally, through government and lobbyists -- to amass even more, transferring the wealth of the many to themselves.

And instead of an armed mob led by a war hero on a white horse, as planned in 1933, their weapon since Pruneface made his first payment to the Ayatollah has been "Supply Side Economics." To most Americans, that means Trickle-Down.



Rothschild and Freshfields founders’ had links to slavery, papers reveal

By Carola Hoyos
Financial Times

Two of the biggest names in the City of London had previously undisclosed links to slavery in the British colonies, documents seen by the Financial Times have revealed.

Nathan Mayer Rothschild, the banking family’s 19th-century patriarch, and James William Freshfield, founder of Freshfields, the top City law firm, benefited financially from slavery, records from the National Archives show, even though both have often been portrayed as opponents of slavery.

Far from being a matter of distant history, slavery remains a highly contentious issue in the US, where Rothschild and Freshfields are both active.

Companies alleged to have links to past slave injustices have come under pressure to make restitution.

JPMorgan, the investment bank, set up a $5m scholarship fund for black students studying in Louisiana after apologising in 2005 for the company’s historic links to slavery.

CONTINUED (with registration, etc) ...

http://www.ft.com/cms/s/0/7c0f5014-628c-11de-b1c9-00144feabdc0.html



Thanks for grokking, Dont call me Shirley. With such "news," Americans may not even get a chance to wonder why Wall Street gets ahead. The thought could never occur to them.
First read Mills assigned by my PoliSc prof Howard Zinn leveymg Jan 2016 #1
That must have been one heck of a class. Octafish Jan 2016 #2
A class project -- organizing student protests@ '81 Reagan Inaugur - earned me an A and an FBI File. leveymg Jan 2016 #5
''We have more will than wallet.'' -- George Herbert Walker Bush inaugural address Octafish Jan 2016 #8
I've been wondering about Poppy Bush. By many accounts his IQ is/was librechik Jan 2016 #33
"knowledge was the crucial element to social change" antigop Jan 2016 #3
Exactly. Thus all the propaganda instead of knowledge. Octafish Jan 2016 #4
Octa...just got through reading The Power Elite.... clarice Jan 2016 #6
One thing I know: Mills wrote about the Military Industrial Complex before there was such a term. Octafish Jan 2016 #13
Yes, he was prescient in that respect.nt clarice Jan 2016 #26
These days we get to enjoy the politico-economic wisdom of Tyler Cowen. Octafish Jan 2016 #29
Conservatives went to war against The New Deal. And they won. librechik Jan 2016 #34
It was exactly the same in the ancient Roman Republic. Odin2005 Jan 2016 #7
This message was self-deleted by its author uriel1972 Jan 2016 #11
The elites murdered Caesar, overthrew the Republic, and did themselves in for greed. Octafish Jan 2016 #14
The Comitatus Act was briefly repealed during the Katrina aftermath... Eleanors38 Jan 2016 #31
Power Elite was assigned reading in my poli sci days. Read this from Robert Reich: groovedaddy Jan 2016 #9
Reich reminds us Princeton study looked at US political scene before Citizens United. Octafish Jan 2016 #15
Yep. Me too at U of F, but not at U of T. Eleanors38 Jan 2016 #32
Studied him as an undergrauate malaise Jan 2016 #10
Love the guy. Octafish Jan 2016 #16
The first political science book I was assigned in college back in 1981 hifiguy Jan 2016 #18
Have you found Parenti's theses to be confirmed by events over the past 35 years, hifiguy? Octafish Jan 2016 #19
To quote Austin Powers, hifiguy Jan 2016 #21
yes, the triangle of power, the illusion of democracy, and the inactionary masses, nt amborin Jan 2016 #12
Now the gangsters have nukes. Octafish Jan 2016 #23
Mills was decades ahead of his time. hifiguy Jan 2016 #17
That explains why his story is seldom told any more, as JFK, who also addressed class and power... Octafish Jan 2016 #27
The steel crisis put Jack Kennedy at or near the top of hifiguy Jan 2016 #37
The power elite have been using all these same tricks and treasons upon us for thousands of years Dont call me Shirley Jan 2016 #20
And the talking heads on tee vee wonder, ''What's the problem?'' Octafish Jan 2016 #28
Thanks for your always enlightening posts, OF. Dont call me Shirley Jan 2016 #35
Okay, have read all your comments and I have not read the jwirr Jan 2016 #22
Not to disrupt this informative post and thread...but re: Bernie KoKo Jan 2016 #25
A simple, few indviduals, yes. But propped up and hoisted on the shoulders of the many. raouldukelives Jan 2016 #24
When Mill tried to get his PE published at U. of Texas Press, the book was rejected.... Eleanors38 Jan 2016 #30
Octafish! This is a Great Watch to Add: "Professor Colin Samson on C. Wright Mills" KoKo Jan 2016 #36
Thank you, KoKo! Octafish Jan 2016 #38
As you have noticed..They aren't "Customers"..anymore.... KoKo Jan 2016 #39
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