-Caveat Lector-

>From http://www.almartinraw.com/column78.html

by Al Martin

How George Bush Sr. Almost Got Indicted for Fraud

(November 4) This is the untold story of Bush Cabal Fraud and how the Clinton Regime
delayed the collapse of the United States economy.

   Having received some old documents recently from a Democratic committee member, I
wanted to tell this story. These were documents that obviously escaped the shredder.
Documents from Democrat controlled committees get boxed up. Then they get duct taped
and put in various storage rooms in the Rayburn Office Building on the fourth floor. 
They
then sit there forever until they fall apart, and then somebody will either throw them 
out or
will actually look at them.

   The documents from Republican investigating committees generally get shredded
afterwards. On the other hand, documents from the investigative staff and general 
counsels
of Democrat controlled committees haven't been able to unveil any truth anyway, so why
bother waste the time shredding them.

   These documents I received were essentially transcripts of personal notes made by a
Democratic congressman who was very friendly with Bill Clinton and had conversations 
with
him during the first several months of his first term in 1993. This congressman had
attended a luncheon for congressional Democrats with the President and the President 
had
mentioned that he, Bill Clinton, was aware that the economic numbers that the Reagan-
Bush Regime had put out were all wrong, particularly when it came to the size of the
annual budget deficits and the accumulated national debt.

   In fact Clinton admitted that he had no idea of the size of the fraud and 
malfeasance
committed against the American people during the previous 12 years of the Bushonian
Cabal.

   When Bush left the White House, the last debt numbers published by the Bush Regime
was $5.66 trillion, when, in fact, the actual size of the debt was about $14 trillion. 
In other
words, the national debt was about three times the stated numbers.

   Clinton got very nervous because one of the things he had done very early in the 
regime
was try to get his people to figure out how much the nation was in debt and what the 
actual
size of the then current budget deficit was. Nobody in the Clinton Administration 
knew. They
knew they were inheriting a federal budget deficit.

   The Bush Administration had publicly stated that the federal budget deficit for 
fiscal 1992
was $360 billion. As it turned out, the fiscal budget deficit for 1992 going into 
calendar year
1993 was over $700 billion.

   Realizing the enormity of the fraud he had inherited, Clinton actually started 
thinking
about indicting George Bush Sr. on charges of fraud and malfeasance.

   It isn't stated in the documents who had encouraged him to do this or whether this 
was
one of his own ideas, but Clinton was getting very nervous by this time and he told a 
group
of Democratic congressmen that there was no money left. He was concerned about what
was going to happen.

   It must have been a shock. Clinton thought he was inheriting a $360 billion federal 
budget
deficit when it was in fact twice as much. He thought he was inheriting a nation with 
a $5.6
trillion debt and it turns out to be a $14 trillion debt.

   By April he had learned of the Grand Bushonian Fraud -- how the Bush Cabal denuded 
the
Social Security General Trust Fund and 43 other public trust funds out of $5 trillion 
and then
stuffed them full of worthless non-marketable US Treasury securities. This is the time 
when
Clinton began to talk extensively with Alan Greenspan. He understood that something 
had to
be done because we were virtually in a crisis.

   Like most people in Washington, Clinton understood that Ronald Reagan was a
figurehead and that it was really the Bush Cabal, which was running things for all of 
those
12 years. He also understood that the Bush Cabal had perpetrated the greatest fraud 
ever
committed against the American people and that the Bush Cabal had essentially destroyed
the economy of the United States - which in fact they had.

   It was his opinion therefore that the Clinton Administration should take the 
unprecedented
move of indicting the former vice President for fraud and gross malfeasance against the
people of the United States. This decision was heavily augmented by the information he
learned in March and April (it's not clear how he learned this) about what the 
Bushonian
people had done.

   Then he found out what the Democrats had always suspected -- that from 1980 on, the
CIA annual assessment report of the Soviet Union was being doctored and that 
essentially
two different reports were being produced. There was a real CIA document, which was
called the Annual Assessment Report of the Economic and Military Strength of the Soviet
Union. The Democrats had suspected even as early as 1979 that the last real CIA
assessment report they had when Carter was still president, clearly indicated that the
Soviet Union was beginning to crumble internally. Its economy was virtually in 
shambles.
What little export business it had was quickly going down the tubes. Its 
infrastructure was
falling apart.

   Then in 1981, suddenly the annual CIA reports that came directly from the CIA to the
White House were not given to any opposition members in Congress. They were not given
to Democrats anymore. This document had never been considered a secret document. It
had always been publicly available.

   The CIA was sending its annual assessment report to the White House directly and 
not to
anybody else. (Later in the 1980s Tommy Rheinhardt the CIA liaison officer to Congress 
lied
extensively about this very same subject matter.)

   The White House then would reproduce a whole new CIA report that showed the exact
opposite of what was really happening, that the Soviet Union was gaining an economic 
and
military strength at the same time it was falling apart. The Bushonian Cabal then used 
this
as a justification to embark upon a policy of enormous defense buildup and the wasteful
expenditure thereunto and the enormous amount of debt necessary to finance said defense
buildup.

   The reason they never considered indicting Reagan is because Clinton knew that 
Reagan
didn't realize what George Bush was doing. All of the people around Reagan, except for 
Don
Regan, his Chief of Staff, were Bush loyalists and never told Reagan anything. That's 
one
reason why George Bush wanted to get rid of Donald Regan so badly and finally did in 
1985.
Regan was the only real Reagan guy in the White House.

   When Reagan came into office he didn't have a political machine. He didn't have a 
cadre
or a cabal like the Bushes did. He came in with one guy, his friend Don Regan, who had
formerly been chairman of Merrill Lynch.

   Bush kept trying to keep Regan out of the loop and circumventing him with Craig 
Roberts
and other Bush loyalists. Regan knew he was being sidelined. Finally when he was pushed
out, Donald Regan stated that he was actually frightened of George Bush and said so
publicly.

   Ronald Reagan was never told about the CIA assessment reports that were given to him
to read, part of which would be incorporated for him into speeches by Bush-controlled
political staff writers. You have to remember all of the staff writers for the 
president were
Bostonian minions, and Reagan loved it because it was the political grist he wanted in 
his
campaign to "defeat the Evil Empire."

   Reagan didn't really understand anything about economics. It must be remembered that
the only economic experience he had was in nearly bankrupting the State of California
when he was Governor.

   Clinton then found out that the only defense that George Bush would have, the reason
why this was done, that would generate enough political sympathy to make an indictment
against Bush look like a political beast. When Clinton found out that this pretense 
could be
knocked out because of these dual false CIA report schemes that the Bostonian minions 
had
fabricated in order to justify it was in fact itself a ruse.

   Clinton wanted to go ahead and push for an indictment of George Bush, when he found
out in April that the Bostonian Regime had in 1987 put the arm on the then West Germans
and the Japanese to secretly lend money to the Soviet Union. This is what tipped the
balance for him. Clinton was hemming and hawing about it until he found out about the
Bush Cabal's final strategy, that they had actually propped up the Soviet Union to 
maintain
the Great Lie.

   The Soviet Union was very close to bankruptcy in 1987 and the Bush Cabal was scared.
They knew that if the Soviet Union fell apart economically in 1987, the jig was up and
people would know they had lied. Everybody would know that they had lied about the
military and economic strength of the Soviet Union. Therefore the West Germans secretly
lent the Soviets $80 billion and the Japanese secretly under Bushonian pressure lent 
them
another $40 billion. However, the money was lent with the understanding that the US
treasury and the people of the United States would be ultimately responsible for 
the$120
billion should the Soviet Union default on said loans. And that 's what got Bill 
Clinton really
upset.

   Enter Alan Greenspan, Chairman of the Federal Reserve. Clinton had been talking to
Greenspan literally since Day One to try to put together a package to rescue the 
economy.
Greenspan kept telling him that Clinton would have to act not like a liberal Democrat, 
that
he's going to have to act like a moderate Republican, that Clinton would have to have a
regime of fiscal restraint and prudence. He told him that he would have to reduce 
spending
and have some targeted tax cuts to industry - things that are not normally associated 
with
liberal Democrats.

   Barrons actually once said that Bill Clinton was the best moderate Republican for 
our
economy since Eisenhower. And he did act like a moderate Republican and it lost him 
some
support within the Democratic left.

   Greenspan then became aware of what Clinton wanted to do. Greenspan agreed with him
that if George Bush was indicted and exposed all of the truth of what the Bush Cabal 
had
done to this nation, then there would be no more Bush Cabal. The Bushes would never
make a political comeback and we would end once and for all the greatest future threat 
to
the United States economy that could exist (short of thermonuclear war) and that would 
be
a return of a Bushonian Regime.

   Greenspan agreed with him and this was during a time when he was asked why he had
purposely acted to undermine a Bush re-election bid by keeping the economic reins
unusually tight. Greenspan then said, "The nation can't afford any more Bushes."

   Greenspan was sympathetic to Clinton politically but he reminded him of the reality 
of the
situation. He told him that if you indict George Bush and members of his immediate 
cabal,
the whole truth is going to come out. Then he asked him how are the American people as
investors as well as foreign investors and banks going to react. This was in the 
spring of
1993 when the economic recovery was underway but it was still very nascent at best.

   Greenspan reminded Clinton that the nation's banks and securities firms and 
insurance
firms were still undercapitalized and that the FDIC and FSLIC Insurance pools were 
still
undercapitalized, and the Treasury had no emergency monies they could extend.
Greenspan told Clinton that if George Bush is indicted and the whole truth comes out 
about
the extent of the Bushonian Fraud, the fact that the nation is $14 trillion in debt. 
If this
comes out, he said, on a Sunday night, then by Monday, stock markets worldwide will 
shut
down early and there will be panic selling by both domestic and foreign investors of US
securities who will simply dump their shares. By the following day, he said, foreign 
central
banks will begin dumping their holdings of US Treasury Bonds into a marketplace where
there will be no bids, reminding Clinton that by and large it was money from foreign 
central
banks which had financed the deficit during the 1980s and that in fact the Bushonian
Regime had sold some of America's sovereignty to other nations. By Wednesday, he said,
American banks will have thousands of people lined up clamoring to get their money out.
He said if you tell the American people the truth, you will start a domino effect, the 
end
result of which would be global economic collapse.

   Clinton understood the temerity of the situation who sympathized with Clinton's 
position
and had him understand how clever the Bushonian Cabal; had been in creating a Big Lie
because it had successfully trapped Clinton as the successor regime into maintaining 
the Big
Lie and the cover-up for the sake of global economic stability.

   Greenspan reminded Clinton that the Democrats couldn't even make political hay out 
of
this. Clinton was reportedly by May to be frustrated as hell. Here he found himself as 
the
new president forced to maintain a cover-up of what the Bushonian Cabal had done, yet 
the
Republicans were able to attack him endlessly. And there was nothing he could do.

   Greenspan then told Clinton that if he would move forward with a fiscally prudent
economic agenda and reduce federal spending, the Federal Reserve will work with you and
expand money supply targets and begin to bring interest rates down, bring down
unemployment and inflation and we can try to turn the situation around - at least to 
the
point of generating fiscal surpluses. At that time you could adopt a strategy with a 
second
term in office of gradually bringing forth the truth to the people.

   Clinton did try to do that in 1995 when it became increasingly obvious that the 
Clintonian
economic agenda was working. He had come up with this so-called 30 year recovery plan 
in
which the government would act over the long term to restrain federal spending and 
would
have to build up fiscal surpluses which could be used to pay down debt by open market
purchases of US Treasury securities and then retiring those securities. Clinton 
actually
called it the debt free in 30 years plan and Clinton said (and nobody really picked 
upon on
it) that we would have to generate fiscal surpluses of some $15 trillion to make the 
plan
work. That was an admission of what the total debt actually was, but nobody seemed to
pick up on the significance of it.

   By fostering an 8-year regime of fiscal prudence and restraint, Clinton was able, 
most
importantly of all, to rebuild confidence in US capital market places. That is the most
important thing he did. He was able to cut unemployment by half and reduce the 
inflation
rate he inherited by two-thirds. And he was able to strengthen the dollar to all time 
highs
and to generate 4 years of fiscal surpluses, something never before achieved in the 
history
of the nation.

   Clinton did in fact use those surpluses to pay down debt as promised. In his second 
term,
he was able to stop the practice of taking FICA taxes and using them as general 
revenue.

   In effect Clinton provided the stability and growth that staved off what would have 
been
economic collapse. As Greenspan subsequently said, had George Bush been reelected in
1992, he had no doubt that the nation would have economically collapsed because it was
getting to the point that the Bushonian Regime was running out of accounting tricks to 
hide
the actual size of the deficits that were being generated.

   By the end of 1992, the Bush Regime had raped and pillaged any source of money that
was available to rape and pillage, meaning they had denuded every penny out of the 43
public trust funds, which are constitutionally sacrosanct. It is considered a High 
Crime for an
administration to take money out of the sacrosanct public trust funds. The money does 
not
belong to the United States Government. It belongs to the people of the United States.

   They had taken $5 trillion out of the 43 national public trust funds and they had 
denuded
the federal treasury of all of its reserve funds, and they had illegally taken from 
the Federal
Reserve its emergency currency stabilization fund. They had drawn out all 
collateralized
letters of credit. They had issued as much debt equity as they could under the federal
agencies - Ginny Mae, Freddy Mae, etc. They had sold as many notes as they could and
they had issued as many restricted and worthless notes as they dared.

   Greenspan pointed out in 1992 that the nation could not have survived another 4 
years of
Bushonomics because what they had been doing could simply not be hidden for another 4
years. The economic effects of what they had done would begin to filter through the
economy and at that point, the jig would be up.

   When the truth is going to cause economic pain in government and capital 
marketplaces,
you can't come out with it all at once. It has to be dribbled out a little at a time. 
The
negative impact on the economy then has to be absorbed gradually because if you come
out with it all at once, you'll have a debacle on your hands, which nobody wants.

   Had Clinton adopted the policy of dribbling out the truth, the economy would have 
slowly
sunk again and the fiscal surpluses he generated would have never been generated. Would
the American people have read between the lines and understood? Even to tell the
American people the truth a drop at a time would have been a risk.

   In the last analysis, the only thing that Clinton did was stabilizing the economy,
temporarily, for 8 years. The Dow Jones Industrial Average did move from 2400 to over
11000 during his regime. He did create more wealth for the individual person in this 
country
than had ever been created before-and you simply cannot take that away from him.

   People that held on to stocks too long as the market began to decline and saw 50% of
that lost - that's not Clinton's fault. That's simply a matter of listening to your 
stockbrokers
and not knowing when to get out.

   What Clinton did was to buy us time into another Bushonian debacle, which we now 
have.
The question is - how much more damage will the Bush Cabal wreak beyond what it has
already wreaked since the election of George Bush? And what will that damage do to the
economy?

   The Bush Administration has already admitted that after the coming election they 
will
begin the repillaging of social security - by taking FICA taxes and counting them as 
general
revenues. You're then borrowing from the future every year that you do that. These are 
the
same old "Smoke and Mirror" accounting practices, which were used during the Bush
Cabal's first 12 years. They are being used once again to disguise the actual size of
Bushonian generated economic deficits.

   It's entirely possible that we will have a double dip recession because stocks can 
not
continue to increase while the larger economic fundamentals which propel the nation's
economy continue to worsen.

   The question remains - with its control of mainstream media, can the Bush Cabal
continue to hide from the American people the extent of its malfeasance?

   When does it all come tumbling down? When everybody knows the truth.

   This gets into the Bushonian notion that anybody who tells the truth is being 
"unpatriotic"
or dangerous to the security of the nation.

   We are no longer talking about the economic health of the nation vis-�-vis 
Bushonomics.
To those who would say that what we are doing is creating further anxiety by telling 
people
the truth, it should be noted that we are talking about economic survival.

   Understanding how Clinton dealt with the knowledge of Bush Cabal Fraud, it gives 
you a
sense of compassion regarding the man. Imagine the frustration of having to keep other
people's secrets - particularly secrets that you could politically capitalize on 
yourself. He
acted with political restraint and absorbed year after year of Republican attack when 
he had
the ammunition to destroy them. For the sake of global economic stability and by 
extension
the economic survival of its nation and its people, Clinton could not use the truth to 
defend
himself from 8 years of Republican attacks mostly coming from Bushonian Cabalists.

   Most people understand that, as the expression goes, when you can't beat them, the
criminals, that is� And that's why Al Martin Raw is starting its new market trading and
forecast service. This way you'll be able to make a profit on the criminals' behavior.

   We have always specialized in short side trades (which is definitely joining them, 
instead
of beating them) and that's why we invite all our readers to at least get a few crumbs 
of
the pie. And that's how and why we are rededicating this site - for the profit of our 
readers.

   We are here to present some credible alternatives. In other words, you can still 
make
money in an increasingly negative economic environment. You just have to know how to do
it, and the way to do it is to follow the Smart Republican Money.

   As the renowned speculator Jesse Livermore said, "There have been fortunes made by
being long stocks, but the great fortunes have been made on the short side of the 
markets."

   AL MARTIN is America's foremost expert on corporate and government fraud. A
relentless whistleblower, he has written a book called, "The Conspirators: Secrets of 
an
Iran Contra Insider," which chronicles his adventures with the Bush Cabal (National 
Liberty
Press, Order Line: 866- 317-1390). This detailed account of government criminal
operations, namely State-sanctioned fraud, drug trafficking and illicit weapons sales, 
is
unprecedented in publishing history. Al Martin is also well known for his great charm 
and
profound insights into world events, and he is frequently interviewed on many talk 
radio
shows across the nation. His weekly column "Behind the Scenes in the Beltway" is 
published
regularly online at Al Martin Raw, (http://www.almartinraw.com).

Previous Columns:
What will it be like with George Bush Jr. as president?
More Skeletons from the Bush Dynasty Closet
Hitting America Below the Beltway...
>From Cradle to Cabal: The Secret Life of Gale Norton
DoJ: The Old Conspiracy and Coverup Crowd
Fraud-As-Usual at the Redstone Arsenal
FBI Angst & the Redstone Arsenal Fraud Saga
Why Iraq Was Recently Bombed & A Blast from the Past
Missing Chemical Weapons at Redstone
The Strange Case of the Infamous Hanssen Affair
Fraud For Lunch at Redstone Arsenal
Last Weekend's Luncheon Menu at the Redstone Arsenal
Aries II Down: Another Technology Transfer to China
The Anti Ballistic Missile Defense Fraud
Domestic Terrorist Threat Reported to FBI
Aries II Revisited: The Deluge of Government Lies Continues
Clearance Sale on High Tech Weapons: Inside the Weekly Arms Bazaar at Redstone
Arsenal
The Jeb Bush Affair Story That Won't Go Away
Seafood Linguini, Exploding Hockey Pucks and "Marshmallows"
The FBI-CIA Wars: An Update on the Phony Hanssen Case
Inside The Illegal Arms Bazaar at Redstone
The Real Reason FBI Director Louis Freeh Is Resigning
Have I Got an Arms Deal for You
Return of the Animal Farm
FBI Employee Arrested in Las Vegas
Fraud: The American Way of Life
Illegal Weapons Shipment Seized by FBI
DoJ Cover-Up Specialist Bobby Mueller Named FBI Chief
Illegal Weapons Seized By FBI Sent to Cuba
Missile Defense Fraud Double-Take
Sandbagged! Whistle-Blowers Beware
Pandora's Box Opens
Double-Dealing: Over the Road Explosives, the FBI Hanssen Fiasco and the Government-
Media
US State Department Sponsors Training of Would- Be Terrorists
Watch Out for Jackboots and Swagger Sticks
If You Want the Truth, You Must Be Prepared to Pay for It
>From the United States of America to the National Security States of America
"Citizen, Can I See Your ID."
Bush Cabal Heaven: The American Imperial Era Begins The Reign of George "Caesar" Bush:
More Fraud, More War and More Power to the State
The Grand Tyranny
Imperial America and the Homeland Colony: Return of the American Caesars
Everybody's Got Their Own Terrorist
The War-On-Terrorism Scam
Redstone Arsenal To Shut Down: Department of Defense Deceptions Continue Elsewhere
Clueless in Afghanistan
Clueless In Afghanistan� The Sequel.
Choking on the Enron Pretzel a/k/a Clueless in Guantanamo
Coming Soon: Flying Fascism on Your Doorstep
The Looting of America:Reagonomics, Clintonomics & Enronomics
Numbers Don't Lie, Bushes Do
Mr. Bizarro, Airline Insecurity, and You
The Bushonian Agenda: Citizen Profiling & Internal Security
Imperial State Power in America
The Case for Sedition: High Crimes of the Bush Cabal (Part 1)
The Case for Sedition: Increasing Hostility and Bush Cabal Fraud (Part 2)
Plugging the Leaks in the Illegal Weapons Auctions, Etc.
Idle Afghan Women and Other Terrorist Threats
Scams Away: The Boom Is Falling
Operation Sellout and Other Humorous Interludes
The Missing Trillions and Other Government Scams
Unhappy Americans, Gay Afghans
The Global Economic Meltdown, a/k/a The Jack Stephens Challenge
The Bush Cabal: Turning the USA into a Banana Republic
No Confidence; Bush Cabal Drives US to the Brink of Collapse
Bush Cabal Strategy: The Pounding of Fists, The Gnashing of Teeth, and The Shredding of
Documents
Think Like a Bush: Lie Coordination Bureau Needed
The End of the Bush Cabal? More Consolidation of Money and Power
Bushonomics & Close Encounters with the Neighborhood Watch
The Bush Cabal: An American Kleptocracy (Part 2)
Adventures of Fluffy, American Dissident Cat; Afghan Pencil Drop Debacle
Rednecks vs. Ragheads: Another Phony Terrorist Alert
Longs vs. Shorts: Realpolitik, Economics and the War on Iraq
Pentagon Plans to Gas US Citizens or, Another Bitch Slap to the Head of Bush Supporters
Denial Ain't Just a River in Egypt; It's a State of Mind with Bush Supporters
The BUDsterization of America by the Bush Cabal
Sniping for Bushonomics
Will the Stupidity of the American People Ever End?


Home


�2000, 2001, 2002 Al Martin Raw  All Rights Reserved
~~~~~~~~~~~~~~~
A<>E<>R
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Forwarded as information only; I don't believe everything I read or send
(but that doesn't stop me from considering it; obviously SOMEBODY thinks it's 
important)
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In accordance with Title 17 U.S.C. section 107, this material is distributed without 
charge or
profit to those who have expressed a prior interest in receiving this type of 
information for
non-profit research and educational purposes only.
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"Always do sober what you said you'd do drunk. That will teach you to keep your mouth
shut."
--- Ernest Hemingway

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