Wednesday, October 22, 2003

Bush (senior) Resigns fm Sr. Position at Carlyle Group

Former U.S. President George H. W. Bush is retiring from his senior position at the Carlyle Group, according to a Financial Times Oct. 21st report by James Politi in New York. The reporter mentioned nothing about whether, or not Bush would stay on as a Carlyle Group member and continue to reap the harvest provided by war and other secret investments. (Carlyle Group is a private equity firm and not required to disclose its investment information to the public.)

Carlyle's coveted investments includes news media corporations (Great way to control the news!). Carlyle Group has been said to heavily invest in the military industrial complex where it would depend on war to dramatically increase profits for members.

Carlyle Group members buy their way into the firm. According to Financial Times, "Mr Bush was one of a handful of former politicians to occupy high-level positions at Carlyle. Others include James Baker, secretary of state in Mr Bush's administration between 1989 and 1993, John Major, a former conservative British prime minister, and Frank Carlucci, defence secretary under Ronald Reagan.".

The bin Laden family was also with the firm, but quickly sold out under pressure when their membership was exposed, along with reports of how the U.S. government and other well-connected American friends smuggled them out of the country just after the 9/11 attacks. The bin Laudens have enjoyed a long-standing and friendly business relationship with the Bush family and other lawmakers and U.S. corporate businessmen where they've shared mutual investment interests in industries, like oil.

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