Bush family’s dirty little secret:
President’s oil companies funded by Bin Laden family and wealthy
Saudis who financed Osama bin Laden
By Rick Wiles
Copyright: American Freedom News
September 2001
President Bush recently signed an executive order to freeze the US
financial assets of corporations doing business with Osama bin Laden.
He described the order as a "strike on the financial foundation of the
global terror network.”
"If you do business with terrorists, if you support or succor them,
you will not do business with the United States," said President Bush.
He didn’t say anything about doing business with a terrorist’s brother
– or his wealthy financier.
When President George W. Bush froze assets connected to Osama bin
Laden, he didn’t tell the American people that the terrorist
mastermind’s late brother was an investor in the president’s former
oil business in Texas. He also hasn’t leveled with the American
public about his financial connections to a host of shady Saudi
characters involved in drug cartels, gun smuggling, and terrorist
networks.
Doing business with the enemy is nothing new to the Bush family. Much
of the Bush family wealth came from supplying needed raw materials and
credit to Adolf Hitler’s Third Reich. Several business operations
managed by Prescott Bush – the president’s grandfather - were seized
by the US government during World War II under the Trading with the
Enemy Act.
On October 20, 1942, the federal government seized the Union Banking
Corporation in New York City as a front operation for the Nazis.
Prescott Bush was a director. Bush, E. Roland Harriman, two Bush
associates, and three Nazi executives owned the bank’s shares. Eight
days later, the Roosevelt administration seized two other corporations
managed by Prescott Bush. The Holland-American Trading Corporation
and the Seamless Steel Equipment Corporation, both managed by the
Bush-Harriman bank, were accused by the US federal government of being
front organizations for Hitler’s Third Reich. Again, on November 8,
1942, the federal government seized Nazi-controlled assets of
Silesian-American Corporation, another Bush-Harriman company doing
business with Hitler.
Doing business with the bin Laden empire, therefore, is only the
latest extension of the Bush family’s financial ties to unsavory
individuals and organizations. Now that thousands of American
citizens have died in terrorist attacks and the nation is going to
war, the American people should know about George W. Bush’s
relationship with the family of Osama bin Laden.
Salem bin Laden, Osama’s older brother, was an investor in Arbusto
Energy. – the Texas oil company started by George W. Bush. Arbusto
means “Bush” in Spanish. Salem bin Laden died in an airplane crash in
Texas in 1988.
Sheik Mohammed bin Laden, the family patriarch and founder of its
construction empire, also died in a plane crash. Upon his death in
1968, he left behind 57 sons and daughters – the offspring he sired
with 12 wives in Saudi Arabia, Syria, Lebanon, and Jordan. About a
dozen brothers manage Bin Laden Brothers Construction – one of the
largest construction firms in the Middle East.
Fresh out of Harvard Business School, young George W. Bush returned to
Midland, TX, in the late 1970s to follow his father’s footsteps in the
oil business. Beginning in 1978, he set up a series of limited
partnerships – Arbusto ’78, Arbusto ’79, and so on – to drill for oil.
One of President Bush’s earliest financial backers was James Bath, a
Houston aircraft broker. Bath served with President Bush in the Texas
Air National Guard. Bath has a mysterious connection to the Central
Intelligence Agency.
According to a 1976 trust agreement, Salem bin Laden appointed James
Bath as his business representative in Houston. Revelation about
Bath’s relationship with the bin Laden financial empire and the CIA
was made public in 1992 by Bill White, a former real estate business
partner with Bath. White informed federal investigators in 1992 that
Bath told him that he had assisted the CIA in a liaison role since
1976 – the same year former President George Herbert Walker Bush
served as director of the CIA.
During a bitter legal fight between White and Bath, the real estate
partner disclosed that Bath managed a portfolio worth millions of
dollars for Sheik Khalid bin Mahfouz and other wealthy Saudis. Among
the investments made by Bath with Mahfouz’s money was the Houston Gulf
Airport.
A powerful banker in Saudi Arabia, Mahfouz was one of the largest
stockholders in the Bank of Credit and Commerce International. BCCI
was a corrupt global banking empire operating in 73 nations and was a
major financial and political force in Washington, Paris, Geneva,
London, and Hong Kong. Despite the appearance of a normal banking
operation, BCCI was actually an international crime syndicate
providing “banking services” to the Medellin drug cartel, Pamama
dictator Manuel Noriega, Saddam Hussein, terrorist mastermind Abu
Nidal, and Khun Sa, the heroin kingpin in Asia’s Golden Triangle.
The BCCI scandal implicated some of the biggest political names in
Washington – both Democrats and Republicans – during the first Bush
White House. The bank was accused of laundering money for drug
cartels, smuggling weapons to terrorists, and using Middle Eastern oil
money to influence American politicians.
The chief of the Justice Department’s criminal division under former
President Bush was Robert Mueller. Because the major players came out
of the scandal with slaps on the wrists, many critics accused Mueller
of botching the investigation. Mr. Mueller was recently appointed by
President George W. Bush as the new Director of the FBI, replacing
Louis Freeh who did nothing while William Jefferson Clinton allowed
the Red Chinese to loot our national security secrets.
The Financial Crimes Enforcement Network (FinCEN), a division of the
Justice Department, reviewed allegations by Bill White in 1992 that
James Bath funneled money from wealthy Middle Eastern businessmen to
American companies to influence the policies of the Reagan and Bush
administrations. Robert Mueller, the new FBI chief, was in a senior
position at the Justice Department at the time of the review.
White told a Texas court in 1992 that Bath and the Justice Department
had “blackballed” him professionally and financially because he
refused to keep quiet about his knowledge of an Arabic conspiracy to
launder Middle Eastern money into the bank accounts of American
businesses and politicians.
In sworn depositions, Bath admitted he represented four wealthy Saudi
Arabian businessmen as a trustee. He also admitted he used his name
on their investments and received, in return, a five- percent stake in
their business deals.
Indeed, Texas tax documents revealed that Bath owned five percent of
Arbusto ’79 Ltd., and Arbusto ’80 Ltd. Bush Exploration Company
controlled the limited partnerships, the general partnership firm
owned by young George W. Bush.
Although George W. Bush’s Texas oil ventures were financial failures,
his financial backers recovered their investments through a series of
mergers and stock swaps. He changed Arbusto’s name to Bush
Exploration, then merged the new firm into Spectrum 7 Energy
Corporation in 1984.
The Bush-controlled oil business eventually ended up being folded into
Harken Energy Corp., a Dallas-based corporation. Mr. Bush joined
Harken as a director in 1986 and was given 212,000 shares of Harken
stock. Bush used his White House connections to land a lucrative
contract for the obscure Harken Energy Corp. with the Middle Eastern
government of Bahrain. On June 20, 1990, George W. Bush sold his
Harken stock for $848,000 and paid off the loan he took out to buy his
small share in the Texas Rangers. The Bahrain deal was brokered by
David Edwards, a close pal to Bill Clinton and a former employee of
Stephens Inc. Shortly after Bush sold his stock, Harken’s fortunes
nose-dived when Saddam Hussein invaded Kuwait. Some critics claim
young George was tipped off in advance by his father about the
soon-coming Gulf War.
George W. Bush, however, worked wonders for Harken Energy Corp. before
the stock collapsed. Using the Bush family name, he managed to bring
much-needed capital investment to the struggling firm. George W. Bush
traveled to Little Rock, AR, to attend a meeting with Jackson Stephens
– a powerful Arkansas tycoon who helped bankroll the state campaigns
of young Bill Clinton. He first gained political prominence as a
fund-raiser for President Jimmy Carter. Stephens was also deeply
involved in the BCCI scandal by helping the corrupt bank take control
of First American Bank in Washington, DC.
Jack Stephens didn’t need an introduction to young George W. Bush.
Mary Anne Stephens, his wife, managed Vice President George Bush’s
1988 presidential campaign in Arkansas. Stephens Inc., the well
connected brokerage firm owned by Jack Stephens, donated $100,000 to a
Bush campaign fundraising dinner in 1991. When George W. Bush won the
contested Florida election in 2000, Jack Stephens made a substantial
contribution to the Bush inauguration. Recently, former President
Bush played golf on April 11, 2001, with Jack Stephens at the Jack
Stephens Youth Golf Academy in Little Rock. The former president told
Stephens, “Jack, we love you and we are very, very grateful for what
you have done.”
Perhaps the former president was thanking him for the money Stephens
provided young George W. Bush. Stephens arranged for a $25 million
investment from the Union des Banques Suisses. The Swiss Bank held
the minority interest in the Banque de Commerce et de Placements, a
Geneva-based subsidiary of BCCI.
Both Stephens and Abdullah Taha Bakhsh, a wealthy and well-connected
Saudi real estate investor, signed the financial transaction. The
Geneva transaction was paid through a joint venture between the Union
Bank of Switzerland and its Geneva branch of BCCI.
The BCCI connection, therefore, linked George W. Bush with Saudi
banker Khaled bin Mahfouz. Known in Arab circles as the “king’s
treasurer,” Mahfouz held a 20 percent take in BCCI between 1986 and
1990. Mahfouz is no stranger to the Bush family. He was a big
investor in the Carlyle Group, a defense-industry investment group
with deep connections to the Republican Party establishment. Former
President Bush is a former member of the company’s board of directors.
George W. Bush also held shares in Caterair, a Carlyle subsidiary.
Sami Baarma, a powerful player in the Mahfouz-owned Prime Commercial
Bank of Pakistan, is a member of the Carlyle Group’s international
advisory board.
President Bush certainly is aware of that his former Saudi sugar daddy
is still financing Osama bin Laden’s terrorist network. USA Today
newspaper reported in 1999 that a year after bin Laden’s attacks on US
embassies in Africa, Khaled bin Mahfouz and other wealthy Saudis were
funneling tens of millions of dollars each year into bin Laden’s bank
accounts. Five top Saudi businessmen ordered the National Commercial
Bank to transfer personal funds and $3 million pilfered from a Saudi
pension fund to the Capitol Trust Bank in New York City. The money
was deposited into the Islamic Relief and Blessed Relief - Islamic
charities operating in the US and Great Britain as fronts for Osama
bin Laden.
The Capitol Trust Bank is run by Mohammad Hussein al-Amoudi. His
lawyer is Democratic Party bigwig Vernon Jordan, close friend of
former President Bill Clinton and Monica Lewinsky.
Abdullah Taha Bakhsh, the Arab who cosigned the $25 million cash
infusion into George W. Bush’s Harken Energy Corporation, appointed
Talat Othman to manage his 17.6 percent share in Harken Energy Corp.
Othman, a native Palestinian, is president and CEO of Dearborn
Financial Inc. – an investment firm in Arlington Heights, IL.
Bakhsh also bought a 9.6 percent stake in Worthen Banking Corporation,
the Arkansas bank controlled by Jack Stephens. Abdullah Bakhsh’s
share was the identical percentage as the amount of shares sold by
Mochtar Riady, the godfather of the wealthy Indonesian family with
close ties to the Chinese communists, Bill Clinton and evangelist Pat
Robertson. Bakhsh is represented by Rogers & Wells, a well-connected
Republican law firm in New York whose partners include former
Secretary of State William P. Rogers.
Independent investigator reporter David Twersky reported in the early
1990s that Othman had a seat on Harken’s board of directors and met
three times in the White House with President George Herbert Walker
Bush. Organized by Chief of Staff John Sununu, Othman’s first meeting
with President Bush at the White House was in August 1990, just days
after Saddam Hussein invaded Kuwait.
There exist to this day an Arab-Texas connection. Khalid bin Mahfouz,
financier of both George W. Bush and Osama bin Laden, still maintains
a palatial estate in Houston, TX. Former President George Bush also
lives in Houston. James Bath, Texas political confidant of George W.
Bush, managed to obtain a $1.4 million loan from Mahfouz in 1990.
Bath and Mahfouz, along with former Secretary of Treasury John
Connally, were also co-investors in Houston’s Main Bank. Bath was
also president of Skyway Aircraft Leasing Ltd, a Texas air charter
company registered in the Cayman Islands. According to published
reports in the early 1990s, the real owner was bin Mahfouz. When
Salem bin Laden, Osama’ brother, died in 1988, his interest in the
Houston Gulf Airport was transferred to bin Mahfouz.
Since Osama bin Laden’s bloody attack on America on September 11, the
federal government has moved quickly to freeze bank accounts connected
to Osama bin Laden, Khalid bin Mahfouz, and a host of Islamic
charities.
Perhaps federal agents should freeze the financial assets of the Bush
family too. It would not be the first time Bush-family assets were
seized by the US government for trading with the enemy.
http://www.americanfreedomnews.com/afn_articles/bushsecrets.htm
----------
StaR
"StaR" <Sta...@kissmyass.com> wrote in message
news:b77s8v4ub6rv5mtrh...@4ax.com...
>
>
> Bush family's dirty little secret:
> President's oil companies funded by Bin Laden family and wealthy
> Saudis who financed Osama bin Laden
>
> By Rick Wiles
> Copyright: American Freedom News
> September 2001
>
> President Bush recently signed an executive order to freeze the US
> financial assets of corporations doing business with Osama bin Laden.
> He described the order as a "strike on the financial foundation of the
> global terror network."
>
> "If you do business with terrorists, if you support or succor them,
> you will not do business with the United States," said President Bush.
>
> He didn't say anything about doing business with a terrorist's brother
> - or his wealthy financier.
>
> When President George W. Bush froze assets connected to Osama bin
> Laden, he didn't tell the American people that the terrorist
> mastermind's late brother was an investor in the president's former
> oil business in Texas. He also hasn't leveled with the American
> public about his financial connections to a host of shady Saudi
> characters involved in drug cartels, gun smuggling, and terrorist
> networks.
>
> Doing business with the enemy is nothing new to the Bush family. Much
> of the Bush family wealth came from supplying needed raw materials and
> credit to Adolf Hitler's Third Reich. Several business operations
> managed by Prescott Bush - the president's grandfather - were seized
> by the US government during World War II under the Trading with the
> Enemy Act.
>
> On October 20, 1942, the federal government seized the Union Banking
> Corporation in New York City as a front operation for the Nazis.
> Prescott Bush was a director. Bush, E. Roland Harriman, two Bush
> associates, and three Nazi executives owned the bank's shares. Eight
> days later, the Roosevelt administration seized two other corporations
> managed by Prescott Bush. The Holland-American Trading Corporation
> and the Seamless Steel Equipment Corporation, both managed by the
> Bush-Harriman bank, were accused by the US federal government of being
> front organizations for Hitler's Third Reich. Again, on November 8,
> 1942, the federal government seized Nazi-controlled assets of
> Silesian-American Corporation, another Bush-Harriman company doing
> business with Hitler.
>
> Doing business with the bin Laden empire, therefore, is only the
> latest extension of the Bush family's financial ties to unsavory
> individuals and organizations. Now that thousands of American
> citizens have died in terrorist attacks and the nation is going to
> war, the American people should know about George W. Bush's
> relationship with the family of Osama bin Laden.
>
> Salem bin Laden, Osama's older brother, was an investor in Arbusto
> Energy. - the Texas oil company started by George W. Bush. Arbusto
> means "Bush" in Spanish. Salem bin Laden died in an airplane crash in
> Texas in 1988.
>
> Sheik Mohammed bin Laden, the family patriarch and founder of its
> construction empire, also died in a plane crash. Upon his death in
> 1968, he left behind 57 sons and daughters - the offspring he sired
> with 12 wives in Saudi Arabia, Syria, Lebanon, and Jordan. About a
> dozen brothers manage Bin Laden Brothers Construction - one of the
> largest construction firms in the Middle East.
>
> Fresh out of Harvard Business School, young George W. Bush returned to
> Midland, TX, in the late 1970s to follow his father's footsteps in the
> oil business. Beginning in 1978, he set up a series of limited
> partnerships - Arbusto '78, Arbusto '79, and so on - to drill for oil.
>
> One of President Bush's earliest financial backers was James Bath, a
> Houston aircraft broker. Bath served with President Bush in the Texas
> Air National Guard. Bath has a mysterious connection to the Central
> Intelligence Agency.
>
> According to a 1976 trust agreement, Salem bin Laden appointed James
> Bath as his business representative in Houston. Revelation about
> Bath's relationship with the bin Laden financial empire and the CIA
> was made public in 1992 by Bill White, a former real estate business
> partner with Bath. White informed federal investigators in 1992 that
> Bath told him that he had assisted the CIA in a liaison role since
> 1976 - the same year former President George Herbert Walker Bush
> served as director of the CIA.
>
> During a bitter legal fight between White and Bath, the real estate
> partner disclosed that Bath managed a portfolio worth millions of
> dollars for Sheik Khalid bin Mahfouz and other wealthy Saudis. Among
> the investments made by Bath with Mahfouz's money was the Houston Gulf
> Airport.
>
> A powerful banker in Saudi Arabia, Mahfouz was one of the largest
> stockholders in the Bank of Credit and Commerce International. BCCI
> was a corrupt global banking empire operating in 73 nations and was a
> major financial and political force in Washington, Paris, Geneva,
> London, and Hong Kong. Despite the appearance of a normal banking
> operation, BCCI was actually an international crime syndicate
> providing "banking services" to the Medellin drug cartel, Pamama
> dictator Manuel Noriega, Saddam Hussein, terrorist mastermind Abu
> Nidal, and Khun Sa, the heroin kingpin in Asia's Golden Triangle.
>
> The BCCI scandal implicated some of the biggest political names in
> Washington - both Democrats and Republicans - during the first Bush
> - a powerful Arkansas tycoon who helped bankroll the state campaigns
> Financial Inc. - an investment firm in Arlington Heights, IL.
What a liar you are. The French and Russians are as thick as thieves in the
Iraqi oil patch. Turn off al-Kazeerah and listen to some REAL news.
And our good buddies the Russians, supplying the Iraqi mad man with military
advisors, night vision technology, and hand held tank killers.
The Germans have also been supplying Iraq with biological weapons
technology.
With friends like these who needs enemies?
X
My, my, my.....how soon we do forget.
The US sold Iraq bio/chem technology in the 80s.
In fact the asshole that is trying to kill Saddam today is the
asshole that sold him weaponry in the 80s. Donald ASPARTAME Rumsfeld.
For those interested in the subject line, the history revisonism extends
well beyond that. See the source of the Bush family fortune.
http://www.tarpley.net/bush2.htm
http://www.mbpolitics.com/Bush2000/BushLegacyTreason.htm
http://globalresearch.ca/articles/LOF209A.html
http://www.tarpley.net/bushb.htm
http://www.takebackthemedia.com/bushnonazi.html
http://www.corpwatch.org/campaigns/PCD.jsp?articleid=4368
The REAL assholes are those who see a Bush conspiracy under every bed.
> "Jeremiah Hamish" <jha...@spamcop.net> wrote in message
> news:3e91ad5a$1...@audacity.velocet.net...
> >
> > "Ron" <ban...@hotmail.com> wrote in message
> > news:436a5d81.03040...@posting.google.com...
> > > "x" <x...@no-email.com> wrote in message
> > news:<3e90...@nocnews001.allthesites.org>...
> > <snip>
> > > My, my, my.....how soon we do forget.
> > >
> > > The US sold Iraq bio/chem technology in the 80s.
> > >
> > > In fact the asshole that is trying to kill Saddam today is the
> > > asshole that sold him weaponry in the 80s. Donald ASPARTAME Rumsfeld.
> >
> > For those interested in the subject line, the history revisonism extends
> > well beyond that. See the source of the Bush family fortune.
>
> The REAL assholes are those who see a Bush conspiracy under every bed.
>
The FAA MUST follow certain safety procedures, such as:
"Consider that an aircraft emergency exists ... when: ... There is
unexpected loss of radar contact and radio communications with any ...
aircraft." --FAA Order 7110.65M 10-2-5
[http://www.faa.gov/ATpubs/ATC/Chp10/atc1002.html#10-2-5]
"If ... you are in doubt that a situation constitutes an emergency or
potential emergency, handle it as though it were an emergency." --FAA
Order 7110.65M 10-1-1-c
[http://www.faa.gov/ATpubs/ATC/Chp10/atc1001.html#10-1-1]
The reason is simple. An airliner without radio and transponder contact
is a collision waiting to happen. When an airliner goes off course, it
is equally, (if not more) dangerous.
That's why every commercial jet is required to follow IFR, or Instrument
Flight Rules. IFR requires pilots to file a flight plan with the Federal
Aviation Administration (FAA) before takeoff.
"Pilots are supposed to hit each fix with pinpoint accuracy. If a plane
deviates by 15 degrees, or two miles from that course, the flight
controllers will hit the panic button. They'll call the plane, saying
"American 11, you're deviating from course." It's considered a real
emergency, like a police car screeching down a highway at 100 miles an
hour. When golfer Payne Stewart's incapacitated Learjet missed a turn at
a fix, heading north instead of west to Texas, F-16 interceptors were
quickly dispatched." (FAA Order 7400.2E 14-1-2) (MSNBC, Sept 12)
To give an idea of acceptable, routine response times:
"... from the official National Transportation Safety Board crash report
[of Payne Stewart's plane]:
09:19: The flight departs.
09:24: The Learjet's pilot responds to an instruction from air traffic
control.
09:33: The controller radios another instruction. No response from the
pilot.
For 4 1/2 minutes the controller tries to establish contact.
09:38: Having failed, the controller calls in the military."
[http://www.straightgoods.ca/ViewMediaFile.cfm?REF=138]
Do you have any sources that can refute the information provided in
the following URL?
http://www.tarpley.net/bush2.htm
> In article <ptjka.32810$7L.18...@news0.telusplanet.net>,
> "Sharx." <sha...@nospam.ca> wrote:
>
> > "Jeremiah Hamish" <jha...@spamcop.net> wrote in message
> > news:3e91ad5a$1...@audacity.velocet.net..
> > >
Come now Sharx or Joe, or whoever you are today... You don't have a
problem shooting off your mouth. Why so quiet now? Refute my post! I
dare you!