-Caveat Lector-

>From Hitler To Saddam Hussein to Osama bin Laden �
Insider Connections and the Bush Family�s Partnership
with Killers of Americans

http://www.copvcia.com/stories/oct_2001/carlyle.html

The Best Enemies Money Can Buy

Brown Brothers, Harriman - BNL- and the Carlyle Group

By

Michael C. Ruppert

[� Copyright 2001. All Rights Reserved, Michael C.
Ruppert and From The Wilderness Publications,
www.copvcia.com. May be reprinted or distributed for
non-profit purposes only.]


FTW, Oct. 9, 2001 - Since the Sept. 11 attacks on the
World Trade Center and the Pentagon, major media
powerhouses and the increasingly influential
alternative media alike have begun to focus attention
on Bush family connections and a long history of
arming and financing America�s attackers in the months
and years prior to the outbreak of war. Recent stories
in the Wall Street Journal (Sept. 27 & 28, 2001), ABC
News (Oct. 1, 2001), as well as a host of reports from
so-called alternative news sources have begun to focus
attention on the Bush family�s profit-making role in
creating and arming our enemies.

The following is a more comprehensive look at the
documented history of these relationships that will
also open some new avenues of inquiry for the press,
Congress and the American people.

In a world now filled with biowarfare agents, backpack
nuclear devices, and chemical weapons like Sarin gas
-- where there are people in many countries with
reasons to oppose the United States -- the Bush
Administration is following predictable strategies in
a way that redefines the concept of brinksmanship.
Human survival may depend upon the will and the
ability of both the Congress and the press to focus on
these relationships and to take appropriate action.
Moreover � and I am not the first to say this � if a
national security priority is to seize the financial
assets of those who support terrorists, then perhaps
we should start right here at home.

---

Adolph Hitler
Meticulous research, including U.S. government records
from the era, along with contemporaneous news stories
from the New York Times and other papers is presented
in the 1992 book entitled, �George Bush, The
Unauthorized Biography� by Webster G. Tarpley & Anton
Chaitkin, Published by The Executive Intelligence
Review and located at
http://www.tarpley.net/bushb.htm. The following is
sourced entirely from Chapter II of this essential
work. [Note: Although FTW does not always agree with
conclusions reached by the Executive Intelligence
Review, or its founder Lyndon La Rouche, we have never
found a single flaw in any of their factual research.
History is history, no matter who presents it. And
this history is essential to understanding our era.]

George W. Bush�s grandfather, Prescott Bush, was the
Managing Director of the investment bank Brown
Brothers, Harriman from the 1920s through the 1940s.
It was Brown Brothers, in conjunction with Averell
Harriman, the Rockefeller family, Standard Oil, the
DuPonts, the Morgans and the Fords who served as the
principal funding arm in helping to finance Adolph
Hitler�s rise to power starting in 1923. This included
direct funding for the SS and SA channeled through a
variety of German firms. Prescott Bush, through
associations with the Hamburg-Amerika Steamship line,
Nazi banker Fritz Thyssen (pronounced Tee-sen),
Standard Oil of Germany, The German Steel Trust
(founded by Dillon Read founder, Clarence Dillon), and
I.G. Farben, used the Union Bank Corporation to funnel
vast quantities of money to the Nazis and to manage
their American interests. The profits from those
investments came back to Bush allies on Wall Street.
Thyssen is universally regarded as having been
Hitler�s private banker and ultimate owner of the
Union Bank Corporation.

Early support for Hitler came from Prescott Bush
through the Hamburg-Amerika Steamship line -- also
funded by Brown Bothers -- that funneled large sums of
money and weapons to Hitler�s storm troopers in the
1920s.

According to Tarpley and Chaitkin, �In May 1933, just
after the Hitler regime was consolidated, an agreement
was reached in Berlin for the coordination of all Nazi
commerce with the U.S.A. The Harriman International
Company� was to head a syndicate of 150 firms and
individuals, to conduct all exports from Hitler
Germany to the United States.�

Furthermore, a 1942 U.S. government investigative
report that surfaced during 1945 Senate hearings found
that the Union Bank, with Prescott Bush on the board,
was an �interlocking concern� with the German Steel
Trust that had produced:

-        50.8% of Nazi Germany�s pig iron

-        41.4% of Nazi Germany�s universal plate

-        36% of Nazi Germany�s heavy plate

-        38.5% of Nazi Germany�s galvanized sheet

-        45.5% of Nazi Germany�s pipes and tubes

-        22.1% of Nazi Germany�s wire

-        35% of Nazi Germany�s explosives

The business relationships established by Bush in 1923
continued even after the war started until they became
so offensive and overt as to warrant seizure by the
U.S. government under the Trading with the Enemy Act
in 1942.

In 1942, �Under the Trading with the Enemy Act, the
government took over Union Banking Corporation, in
which Bush was a director. The U.S. Alien Property
Custodian seized Union Banking Corp.�s stock shares�

�� all of which shares are held for the benefit of�
members of the Thyssen family, [and] is property of
nationals� of a designated enemy country.�

�On October 28, the government issued orders seizing
two Nazi front organizations run by the Bush-Harriman
bank: the Holland-American Trading Corporation and the
Seamless Steel Equipment Corporation.�

�Nazi interests in the Silesian-American Corporation,
long managed by Prescott Bush and his father in law
George Herbert Walker, were seized under the Trading
with the Enemy Act on Nov. 17, 1942�� These seizures
of Bush businesses were reported in a number of
American papers including The New York Times and The
Wall Street Journal.

Prescott Bush went on to become an influential
Republican Senator from Connecticut who went on to be
a regular golfing partner of President Dwight
Eisenhower. His attorneys were the lawyers John Foster
and Allen Dulles, the later became the CIA Director
under Eisenhower.

Saddam Hussein

After becoming President in January 1989, Prescott
Bush�s son, George Herbert Walker Bush � father of our
current President � authorized a series of programs
that not only armed Iraqi dictator Saddam Hussein but
also provided him with technology that assisted in his
development of chemical weapons like Sarin gas, and
biological weapons, which he still possesses.
Apologists for Bush (the elder) say that, after the
Iran-Iraq War of the 1980s left the region unstable,
he was just trying to establish a new balance of
power. Not so. Bush directives and policies, including
relationships with the Bank of Credit and Commerce
International (BCCI), and the Banca Nacional del
Lavoro (BNL) were directly and deliberately
responsible for creating the army the U.S. fought in
1991.

A story by Russ W. Baker, in the March/April issue the
Colombia Journalism Review (CJR), provided the most
compelling overview of Iraqgate that I have seen.

�ABC News Nightline opened last June 9 with words to
make the heart stop �It is becoming increasingly
clear,� said a grave Ted Koppel, �that George Bush,
operating largely behind the scenes throughout the
1980s, initiated and supported much of the financing,
intelligence, and military help that built Saddam�s
Iraq into the aggressive power that the United States
ultimately had to destroy�

�Why, then, have some of our top papers provided so
little coverage?� Baker poignantly asks.

� The result: readers who neither grasp nor care about
the facts behind facile imagery like The Butcher of
Baghdad and Operation Desert Storm. In particular,
readers who do not follow the story of the Banca
Nacional del Lavoro, which apparently served as a
paymaster for Saddam�s arms buildup, and thus became a
player in the largest bank-fraud case in U.S. history.

�Complex, challenging, mind-boggling stories (from
Iran-Contra to the S&L crisis to BCCI) increasingly
define our times: yet we don�t appear to be getting
any better at telling them�

�Much of what Saddam received from the West was not
arms per se, but so-called dual-use technology --
ultra sophisticated computers, armored ambulances,
helicopters, chemicals, and the like, with potential
civilian uses as well as military applications. We�ve
learned that a vast network of companies, based in the
U.S. and abroad, eagerly fed the Iraqi war machine
right up until August 1990, when Saddam invaded
Kuwait.

�And we�ve learned that the obscure Atlanta Branch of
Italy�s largest bank, Banca Nacional del Lavoro,
relying partly on U.S. taxpayer-guaranteed loans,
funneled $5 billion to Iraq from 1985 to 1989. Some
government-backed loans were supposed to be for
agricultural purposes, but were used to facilitate the
purchase of stronger stuff than wheat. Federal Reserve
and Agriculture department memos warned of suspected
abuses by Iraq, which apparently took advantage of the
loans to free up funds for munitions. U.S. taxpayers
have been left holding the bag for what looks like $2
billion in defaulted loans to Iraq.

�� In fact, we now know that in February 1990, then
Attorney General Dick Thornburgh [appointed by George
H.W. Bush] blocked U.S. investigators from traveling
to Rome and Istanbul to pursue the case�

�� As New York Times columnist William Safire argued
last December 7, �Iraqgate is uniquely horrendous: a
scandal about the Systematic abuse of power by
misguided leaders of three democratic nations [The
U.S., Britain, and Italy] to secretly finance the arms
buildup of a dictator.�

While Democrat Henry Gonzales, Chairman of the House
Banking Committee during the period, stood as the lone
voice from the wilderness in raising alarms about
Bush�s obvious corruption, the rest of the Congress
sheepishly ignored all the signs demanding immediate
action. Gonzales� voice reportedly fell silent after
his empty car was machine-gunned in a Washington
suburb in what passed for a drive-by shooting.

The CJR continues: �Meanwhile, The Village Voice
published a major investigation by free-lancer Murray
Waas in its December 18, 1990 issue� �That American
troops could be killed or maimed because of a covert
decision to arm Iraq,� Waas wrote, �is the most
serious consequence of a U.S. foreign policy
formulated and executed in secret, without the advice
and consent of the American public��

The L.A. Times, on Feb 23, 1992, dug deep enough to
find secret National Security Decision Directives by
the Bush Administration in 1989 ordering closer ties
with Baghdad and paving the way for $1 billion in new
aid. The Times� series, co-authored with Waas,
emphasized that, �buried deep in a 1991 Washington
Press piece � that Secretary of State James Baker,
after meeting with Iraqi foreign minister Tariq Aziz
in October 1989, intervened personally to support U.S.
government loans guarantees to Iraq.�

Baker�s CJR report also noted, �On October 3, the
[Wall Street] Journal reported [BNL official
Christopher] Drogoul�s assertion that the director
general of Iraq�s Ministry of Industry and Military
Production had told him, �We are all in this together.
The intelligence service of the U.S. government works
very closely with the intelligence service of the
Iraqi government.� Three weeks later, the Journal
reported that [Henry] Gonzales �produced a
phone-book-sized packet of documents� showing the
involvement of U.S. exporting firms� The documents
mentioned one� which designed parts for Iraq�s
howitzers and was financed through BNL��

In the wake of highly suspicious anthrax outbreaks in
Florida, just miles from where several of the WTC
suicides pilots trained, we add one final note. In his
1998 book "Bringing the War Home" author William
Thomas writes, � Under that same [weapons transfer]
program, 19 containers of Anthrax bacteria were
supplied to Iraq in 1988 by the American Type Culture
Collection company, located near Fort Detrick, MD, the
site of the US Army's high security germ warfare
labs.�

The Carlyle Group, the Bushes and bin Laden

The warnings about the Carlyle Group, the nation�s
11th largest defense contractor, and the Bushes came
long before the World Trade Center attacks. The
Carlyle Group is a closely held corporation, exempt,
for that reason, from reporting its affairs to the
Securities and Exchange Commission. Little is known of
what it actually does except that it buys and sells
defense contractors. As of October 4, 2001, it has
removed its corporate web site from the World Wide Web
making further investigation through that channel
impossible. Its Directors include Frank Carlucci,
former Reagan Secretary of Defense; James Baker,
former Bush Secretary of State; and Richard Darman, a
former White House aide to Ronald Reagan and
Republican Party operative.

On March 3, 2001, just weeks after George W Bush�s
inauguration, the conservative Washington lobbying
group Judicial Watch issued a press release. It said:

�(Washington, D.C.) Judicial Watch, the public
interest law firm that investigates and prosecutes
government abuse and corruption, called on former
President George Herbert Walker Bush to resign
immediately from the Carlyle Group, a private
investment firm, while his son President George W.
Bush is in office. Today's New York Times reported
that the elder Bush is an "ambassador" for the $12
billion private investment firm and last year traveled
to the Middle East on its behalf. The former president
also helped the firm in South Korea.

�The New York Times reported that as compensation, the
elder Bush is allowed to buy a stake in the Carlyle
Group's investments, which include ownership in at
least 164 companies throughout the world (thereby by
giving the current president an indirect benefit).
James Baker, the former Secretary of State who served
as President George W. Bush's point man in Florida's
election dispute, is a partner in the firm. The firm
also gave George W. Bush help in the early 1990's when
it placed him on one of its subsidiary's board of
directors.

"This is simply inappropriate. Former President Bush
should immediately resign from the Carlyle Group
because it is an obvious conflict of interest. Any
foreign government or foreign investor trying to curry
favor with the current Bush Administration is sure to
throw business to the Carlyle Group. And with the
former President Bush promoting the firm's investments
abroad, foreign nationals could understandably confuse
the Carlyle Group's interests with the interests of
the United States government," stated Larry Klayman,
Judicial Watch Chairman and General Counsel.

"Questions are now bound to be raised if the recent
Bush Administration change in policy towards Iraq has
the fingerprints of the Carlyle Group, which is trying
to gain investments from other Arab countries who
[sic] would presumably benefit from the new policy,"
stated Judicial Watch President Tom Fitton.�

Judicial Watch noted that �even the Clinton
Administration called on the Rodham brothers to stop
their business dealings in [The former Soviet Republic
of] Georgia because those dealings started to
destabilize that country.�

Since the WTC attacks the Wall Street Journal has
reported (Sept. 28, 2001) that, �George H.W. Bush, the
father of President Bush, works for the bin Laden
family business in Saudi Arabia through the Carlyle
Group, an international consulting firm.� The senior
Bush had met with the bin Laden family at least twice
in the last three years � 1998 and 2000 -- as a
representative of Carlyle, seeking to expand business
dealings with one of the wealthiest Saudi families,
which some experts argue, has never fully severed its
ties with black sheep Osama in spite of current
reports in a mainstream press that is afraid of
offending the current administration.

The Nation, on March 27, 2000 � in a story co-authored
by David Corn and Paul Lashmar � wrote, �In January
former President George Bush and former British Prime
Minister John Major paid a social call on Saudi
Arabian Crown Prince Abdullah�� This story confirms at
least one meeting between the elder Bush and Saudi
leaders, including the bin Ladens. That the bin Ladens
attended this meeting was confirmed in a subsequent
September 27, 2001 Wall Street Journal (WSJ) story.
The January 2000 meeting with the bin Ladens was also
later confirmed by Bush (the elder�s) Chief of Staff
Jean Becker, only after the WSJ presented her with a
thank you note sent by Bush to the bin Ladens after
that meeting.

James Baker visited the bin Ladens in 1998 and 1999
with Carlyle CEO Frank Carlucci.

The WSJ story went on to note, �A Carlyle executive
said that the bin Laden family committed $2 million
through a London investment arm in 1995 in Carlyle
Partners II Fund, which raised $1.3 billion overall.
The fund has purchased several aerospace companies
among 29 deals. So far, the family has received $1.3
million back in completed investments and should
ultimately realize a 40% annualized rate of return,
the Carlyle executive said.

�But a foreign financier with ties to the bin Laden
family says the family�s overall investment with
Carlyle is considerably larger��

In other words, Osama bin Laden�s attacks on the WTC
and Pentagon, with the resulting massive increase in
the U.S. defense budget have just made his family a
great big pile of money.

More Bush connections appear in relation to the bin
Ladens. The WSJ story also notes that, �During the
past several years, the [bin Laden] family�s close
ties to the Saudi royal family prompted executives and
staff from closely held New York publisher Forbes,
Inc. to make two trips to the family headquarters,
according to Forbes Chairman Caspar Weinberger, a
former U.S. Secretary of Defense in the Reagan
administration. �We would call on them to get their
view of the country and what would be of interest to
investors.��

President G.H.W. Bush pardoned Weinberger for his
criminal conduct in the Iran-Contra scandal in 1989.

Our current President, George W. Bush has also had --
at minimum -- indirect dealings with Carlyle and the
bin Ladens. In 1976 his firm Arbusto Energy was funded
with $50,000 from Texas investment banker James R.
Bath who was also the U.S. investment counselor for
the bin Laden family. In his watershed 1992 book, �The
Mafia, The CIA and George Bush,� award winning Texas
investigative journalist Pete Brewton dug deeply into
Bath�s background, revealing connections with the CIA
and major fraudulent activities connected with the
Savings & Loan scandal that took $500 billion out of
the pockets of American taxpayers. A long-time friend
of George W. Bush, Bath was connected to a number of
covert financing operations in the Iran-Contra
scandal, which also linked to bin Laden friend Adnan
Khashoggi. One of the richest men in the world,
Khashoggi was the arms merchant at the center of the
whole Iran-Contra scandal. Khashoggi, whose
connections to the bin Ladens is more than
superficial, got his first business break by acting as
middle-man for a large truck purchase by Osama bin
Laden�s older brother, Salem.

Another key player in the Bush Administration, Deputy
Secretary of Defense Richard Armitage, left his post
as an Assistant Secretary of Defense in the Reagan
Administration after a series of scandals connected to
CIA operatives Ed Wilson, Ted Shackley, Richard Secord
and Tom Clines placed him at the brink of criminal
indictment and jail. Shackley and Secord are veterans
of Vietnam operations and have long been linked to
opium/heroin smuggling. The Armitage scandals all
focused on the illegal provision of weapons and war
materiel to potential or actual enemies of the U.S.
and to the Contras in Central America.

Armitage, a former Navy SEAL, who reportedly enjoyed
combat missions and killing during covert operations
in Laos during the Vietnam War, has never been far
from the Bush family�s side. Throughout his career,
both in and out of government, he has been perpetually
connected to CIA drug smuggling operations. Secretary
of State Colin Powell, in a 1995 Washington Post
story, called Armitage, �my white son.� In 1990, then
President Bush dispatched Armitage to Russia to aid in
its �transition� to capitalism. Armitage�s Russian
work for Bush has been frequently connected to the
explosion of drug trafficking under the Russian
Mafias, which became virtual rulers of the nation
afterwards. In the early 1990s Armitage had extensive
involvement in Albania at the same time that the
Albanian ally, Kosovo Liberation Army was coming to
power and consolidating its grip, according to The
Christian Science Monitor, on 70% of the heroin
entering western Europe. [See FTW Vol. II, No 2 �
April 24, 1999]

Armitage and Carlucci are both Board Members of the
influential Washington think tank, the Middle East
Policy Council.

The connections continue with Vice President Dick
Cheney. Amongst the multitude of oil pipeline
construction running through the new war zone is one
project � according to a Sept. 19, 2001 Wall Street
Journal story � a joint venture in which the bin Laden
family joined with the construction firm H.C. Price. A
researcher named �Phoenix,� writing for the Internet
news site Rumor Mills News Agency located at
www.rumormillnews.com, reported that Price
subsequently changed its name to Bredero Shaw, Inc.
and is now owned by a subsidiary of the Halliburton
Corporation, Dresser Industries. It was Dresser
industries that gave George H.W. Bush his first post
war job in 1948. A check of the relevant corporate web
sites has confirmed this.

Vice President Dick Cheney, who served as Secretary of
Defense during Desert Storm, directing the campaign
against Saddam Hussein, was Halliburton�s CEO until
last year�s election.

And, according to a 2000 story from Harper�s Magazine,
in 1990 our current President, through a position as a
corporate director of Caterair, owned by the Carlyle
Group � at a time when the bin Laden�s were invested
in Carlyle � had additional connections to the bin
Laden family. In addition, on March 1, 1995, when
George W. Bush was Texas governor and a senior Trustee
of the university, the University of Texas Endowment
voted to place $10 million in investments with the
Carlyle Group. As to how much of that money went to
the bin Ladens we can only guess. But we do know that
there is a long tradition in the Bush family of giving
money to those who kill Americans.

Now, as the people of America are beginning to awaken
to what is really being unleashed upon them, as a few
brave souls are asking who�s going to get all the
money the Bush Administration is �borrowing� from
government coffers and who�s going to pay for it - the
above history is more than ominous.

Considering that during the 1980s, under the pretext
of fighting a Sandinista regime in Nicaragua that
never once launched an attack on the U.S., these same
people oversaw an explosion in U.S. cocaine
consumption that went from 80 metric tons in 1979 to
600 metric tons in 1989 - considering that the CIA
trained and equipped death squads that tortured and
murdered hundreds of thousands of people from
Guatemala to Panama � considering that these same
people have brutalized Iraq, leaving portions of it
radioactively contaminated by depleted uranium for the
next 4 billion years and causing a fivefold increase
in the number of childhood leukemia cases amidst a
starving population, one can only wonder what they
will produce for the world now given the context of
the World Trade Center attacks.



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