[Reader-list] Who's benefitting from this war, anyway?

[m emily cragg]

The following is an excerpt from a 'Baltimore Chronicle & Sentinel' article 
entitled, "Republican-controlled Carlyle Group poses serious Ethical 
Questions for Bush Presidents, but Baltimore Sun ignores it.'  The article, 
written by Alice Cherbonnier, deals with the world's largest private equity  
firm, The Carlyle Group, a company that links George Bush Sr. and the family 
of Osama bin Laden.
[START of EXCERPT]  Copyright © 2001 'The Baltimore Chronicle and the 
SENTINEL'

"AN IMPORTANT TENET of journalism is that you should always ask, 'Who 
benefits?'

"In the case of a war, the answers to this question become of paramount 
importance. Suppose, for example, that profits from military contracting 
were to go in the pockets of a former U.S. President whose son (and a 
presumed future heir) is now President? Suppose further that such profits 
escalate in times of conflict. Wouldn’t this be of concern to the public? 
Wouldn’t you expect the media to be all over such an important ethical (not 
to mention moral, and maybe legal) angle?
 >
"Though described by the Industry Standard as 'the world’s largest private 
equity firm,' with over $12 billion under management, chances are readers 
haven’t ever heard of The Carlyle Group. Isn’t that a little odd, 
considering it is run by a veritable who's who of former Republican 
political leaders. Former Defense Secretary Frank Carlucci is Carlyle’s 
chairman and managing director (who, by the way, was college roommate of the 
current Defense Secretary, Donald Rumsfeld). And that partners in this 
mammoth
venture include former U.S. Secretary of State James A. Baker III, George 
Soros, Fred Malek (George H.W. Bush’s campaign manager, forced to resign 
when it was revealed he was Nixon’s 'Jew counter'), and 'presumably' George 
H.W. Bush?
 >
"We say 'presumably' because the privately-held Carlyle doesn’t have to 
reveal information about its partners or investments to the SEC or to anyone 
else. Our former President is reported to be active in seeking investments 
for the Carlyle Group from the Asian market, and word is he’s paid between 
$80,000 to $100,000 per presentation.
 >
"All told, Carlyle has about 420 partners all over the globe, from Saudi 
princes to the former president of the Philippines. Its investments run 
heavily in the defense sector; they make money from military conflicts and 
weapons spending."
 >
 >[END of EXCERPT] excerpt from 
http://baltimorechronicle.com/media3_oct01.shtml
 >3 October 2001, 'Baltimore Chronicle & Sentinel' article by Alice 
Cherbonnier
 >
 >= = = = = = = = = = = =
 >Further Reading
 >= = = = = = = = = =
'Bushladen': the first article in the series about Bush and bin Laden family 
partnership in the Carlyle Group 'defense' business at: 
http://emperors-clothes.com/news/bushladen.htm
'Why Washington Wants Afghanistan' by Jared Israel, Rick Rozoff & Nico 
Varkevisser at: http://emperors-clothes.com/analysis/afghan.htm
'NATO Buildup in the Balkans: Part of a Deadly Game' by Jared Israel at:  
http://emperors-clothes.com/news/farish.htm
'Why is NATO Decimating the Balkans and Trying to Force Milosevic to 
Surrender?' By Jared Israel and Nico Varkevisser at: [Emperor's Clothes 
note: The following is an excerpt from a 'Baltimore Chronicle &
Sentinel' article entitled, "Republican-controlled Carlyle Group poses 
serious Ethical Questions for Bush Presidents, but Baltimore Sun ignores 
it.' The article, written by Alice Cherbonnier, deals with the world's 
largest private equity firm, The Carlyle Group, a company that links George 
Bush Sr. and the family of Osama bin Laden.


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