The Mafia, the CIA and Bush Sr.
Roots of the Savings & Loan Scandal
We first ran this series more than a year
ago, before the financial collapse
Maybe now it will make more sense.
It's not a coincidence than both times
there was a Bush in the White House.
Details:
http://www.brasschecktv.com/page/411.html
Banking - Bush style
Regular Brasscheck TV viewers know that throughout its second term, the
Bush administration actively interfered with states that attempted to
enforce their own state lending laws.
Bush & Co. used the Office of the Controller of the Currency to sue
states like New York to stop them from going after predatory lenders.
Bush Jr. is not the first Bush to get "hands on" involved in shaping the
lending industry to his will.
Many know that one of this brothers, Neil, was part of a spectacular Savings &
Loan failure in the 1980s.
What far fewer people are aware of is how deeply the CIA, organized
crime and, George Bush Sr. were involved in the Savings & Loan
disaster which caused US taxpayers and estimated trillion dollars plus.
The term of art for these kinds of operations is a "bust out."
The scam works as follows: an organized crime group takes over a
business, borrows as much as it can in the business' name, fails to pay
vendors and then disappears with all the cash.
The Bush family and its associates in organized crime and the CIA have
figured out how to run this scam on a multi-hundred billion dollar
level using the entire US banking system as its playground.
When you consider that Reagan was probably out of it from Day One of
his term and that Bill Clinton is a close associate of George Bush Sr.,
the Bush crime syndicate has been influencing when not outright running
the executive branch continuously since 1980, which, perhaps not so
coincidentally, marks the earliest days of the credit bubble the
economy is now having serious trouble digesting.
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