-Caveat Lector-

Global Eye -- Cold Fronts

By Chris Floyd
http://www.tmtmetropolis.ru/metropolis/stories/2003/02/14/120.html


The opening of a long-delayed civil suit in a London courtroom; a brief,
buried article on a judicial nomination; a fluctuation in the commodities
market: three mundane, seemingly- unrelated items in the news last week
that combined to give a fleeting glimpse of the ugly reality behind the
frantic, diversionary facade of the "civilized world."

The London case involves our old friends, BCCI, the international bank that
served as the front for a global crime ring involving top officials and
Establishment worthies in dozens of "civilized" nations. BCCI ran guns to
Saddam and other heavies, funded Pakistan's illegal nuclear weapons
program, laundered drug profits, peddled prostitutes, doled out bribes,
served as a conduit for covert CIA operations -- and, through its
connections to the bin Laden family, gave George W. Bush a sweetheart
loan of $25 million to bail out one of his many business failures.

One of the respectable organizations tainted by the ring was the Bank of
England, which was the financial regulator for BCCI when the front finally
collapsed in 1991 -- leaving its legitimate creditors some $11 billion in the
hole. Not surprisingly, some of these victims filed suit against ye olde B of
E, claiming that its oversight of BCCI left something to be desired. But
successive British governments -- including the plagiaristic poodle-led pack
currently in power -- have fought for years to quash the lawsuit, the
Observer reports.

That's because the trial could open a can of particularly grubby worms
concerning the British government's extensive canoodling with BCCI. A host
of worthies are expected to be grilled in the dock, including John Major,
former British prime minister and current business partner of George Bush
I in yet another secretive international front that profits from war,
weapons, violence, repression and the greasing of highly- placed palms:
the Carlyle Group.

Even as the trial finally gets underway, British Prime Minister Tony "Bow-
Wow" Blair is withholding crucial BCCI evidence, claiming it's top secret. In
fact, says Blair, the hidden juice is so red hot that even the law under
which it has been declared secret must remain secret. An overreaction?
Probably not -- not when you consider the fact that BCCI was one of the
chief conduits by which Western governments secretly armed Saddam
Hussein with weapons of mass destruction throughout the 1980s. This is
not the kind of dirty laundry you want aired at the very moment you are
waving the bloody shirt of war at, er, Saddam Hussein for, er, possessing
weapons of mass destruction that, er, you and your allies sold to him in
the first place.

The Italian bank BNL was one of BCCI's main tentacles. BNL's Atlanta branch
was the primary funnel used by the first Bush administration to send
millions of secret dollars to Saddam for arms purchases, including deadly
chemicals and other WMD materials supplied by the Chilean arms dealer
Cardoen and various politically connected operators in the United States
like, weapons merchant Matrix Churchill. (As always with the Busha Nostra,
geopolitics -- in this case, helping Saddam wage aggressive war against Iran
-- and crony profits go hand in hand. Once the war was over and Iran was
left a shattered hulk, with millions dead and displaced, the useful idiot
Saddam was expendable, swiftly morphing from good buddy into budding
Hitler.)

As soon as the BNL case broke, President Bush I moved to throttle the
investigation. He appointed lawyers from both Cardoen and Matrix to top
Justice Department posts -- where they supervised the officials
investigating their old companies. Meanwhile, White House aides applied
heavy pressure on other prosecutors to restrict the range of the probe --
especially the fact that Bush Cabinet officials Brent Scowcroft and
Lawrence Eagleburger had served as consultants for BNL during their pre-
White House days as spear-carriers for yet another secretive international
front that profits from war, weapons, etc., etc.: Kissinger Associates.

Which brings us to the judicial appointment. One of the White House aides
who unlawfully intervened in the BNL prosecution was a certain factotum
named Jay ByBee. Last week, said factotum was nominated by the current
warmer of the Oval Office seat, George W. Bush, to a place on the federal
appeals court -- a lifetime sinecure of perks and power. Well done, thou
good and faithful servant!


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Email the Opinion Page Editor
And the commodities connection? President Pretzel's relentless hissy-fit for
war on Iraq has of course goosed the price of gold enormously -- and that's
set Bush Family coffers a-clinking. How so? In the waning days of his failed
presidency, Bush I invoked an obscure 1872 statute to give a Canadian firm,
Barrick Corp., the right to mine $10 billion in gold from U.S. public lands.
(U.S. taxpayers got a whopping $10,000 fee in return.) Bush then joined
Barrick as a highly paid "international consultant," brokering deals with
various dictators of his close acquaintance. Barrick reciprocated with big
bucks for Junior's presidential run. And in another quid for the old pro
quo, last year Junior dutifully approved Barrick's controversial acquisition
of a major rival. (Barrick is also one of the biggest polluters in America, by
the way.)

Thus every step toward war fills Bush pockets quite literally with gold.
That's the way they operate, these liars and thieves in thousand-dollar
suits, these secretive fronts who profit from war, fear, blood and greasy
palms. They arm the "monsters," they disarm the monsters, making money
both ways. Then they drape themselves with Bible and flag, like smug pimps
promenading to church, singing "Glory Hallelujah" while the whole world
burns.

Spies Hide as Bank of England Faces BCCI Charges
Observer, Jan. 19, 2003
http://www.observer.co.uk/business/story/0,6903,877668,00.html

Nominee Had Been Investigated for Intervening in Iraq Inquiry
New York Times, Feb. 5, 2003
http://www.nytimes.com/2003/02/05/politics/05JUDG.html

A Gift for George
Mother Jones, 1993
http://www.motherjones.com/mother_jones/ND93/pizzo.html

Iraqgate
Columbia Journalism Review, March/April 1993
http://www.cjr.org/year/93/2/iraqgate.asp

Gonzalez's Iraq Expose
Washington Post, March 22, 1993
http://www.fas.org/spp/starwars/congress/1992/h920325wp.htm

Bush Administration Uses CIA to Stonewall Iraqgate Investigation
Covert Action Quarterly, 1992
http://mediafilter.org/MFF/BushCIAstonewall.html

Barrick Completes Merger with Homestake
Barrick Gold Corporation, Dec. 14, 2001
http://www.barrick.com/2_Press_Releases/

Exporting Corporate Control
Common Dreams, July 20, 2001
http://www.commondreams.org/views01/0721-08.htm

EPA Says Nevada Dumps Most Toxic Waste Into Air, Water
Reno Gazette-Journal, May 12, 2000
http://www.rgj.com/news2/stories/news/958189371.php

Problems With a Globe-Trotting Father
Los Angeles Times, May 7, 2000
http://ahrc.com/old/HOAorg/Media/ma_050700_LAT_CHUBB.html

The BCCI Affair: Matters for Further Investigation
Committee on Foreign Relations, United States Senate, Dec. 1992
http://www.fas.org/irp/congress/1992_rpt/bcci/24appendic.htm

Bush Links Faith and Agenda In Speech to Broadcast Group
Washington Post, Feb. 11, 2003
http://www.washingtonpost.com/ac2/wp-dyn?
pagename=article&node=&contentId=A53994-2003Feb10%20&notFound=true

Bush, Bath, bin Laden
Scoop, Aug. 28, 2002
http://www.scoop.co.nz/archive/scoop/stories/86/29/200208282218.a20163
e3.html

The BCCI Affair
Committee on Foreign Relations, United States Senate, Dec. 1992
http://www.fas.org/irp/congress/1992_rpt/bcci/01exec.htm

Kissinger, Scowcroft and Arming Iraq
Scoop, Jan. 28, 2003
http://www.scoop.co.nz/mason/stories/HL0301/S00144.htm

Bin Laden Money Flow Leads to Midland, Texas
In These Times, October 2001
http://www.inthesetimes.com/issue/25/25/feature3.shtml

Forwarded for your information.  The text and intent of the article
have to stand on their own merits.
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