Transit of Venus - June 8th
*Thanks to Wilson's Blogmanac for the link/art
June 1977
June: After a failed attempt to win a US congressional seat, George W. Bush sets up his own oil firm, Arbusto Oil in the same Midland, Texas Petroleum Oil building that his father used to work from. One of his backers is James Bath, a Houston aircraft broker who represents bin Laden family interests in the US. Salem bin Laden, eldest of the bin Laden sons, is another major partner in the firm. Salem bin Laden will die in an unexplained flying accident near San Antonio in 1988. The 50 investors who put up $4.7 million to start up the company are, in Bush's words, "mainly friends of my uncle" who "did pretty good," although they lost most of the money they invested in the company. Jonathan Bush, George W.'s uncle, raises money for Arbusto from political supporters of the Reagan-Bush administration. The time is not propitious for startup oil companies; many quickly die off, but Arbusto stays afloat due to large cash contributions from family connections and international contributors interested in building relations with the Bush family. (In These Times, Project Censored, Consortium News, Bushwatch, American Free Press/Killtown)
December 1979
George W. Bush's Arbusto Oil receives $50,000 from James Bath, a close family friend who is also the sole US business representative for Salem bin Laden. It is suspected that the money came directly from the bin Laden family, but efforts to conceal this connection are successful, so no proof is forthcoming. After 9/11, the Bush administration harshly denied any connection to the bin Laden family. Bush first stated that he didn't know Bath at all, then backtracked and admitted that he knew Bath well and was aware of his ties to the bin Ladens. Bath also has deep ties to BCCI, the scandal-plagued Arabic bank with ties to terrorists, drug trafficking, and arms dealing. (In These Times, Project Censored, Killtown)
August 1988
Salem bin Laden dies. His business interests are inherited by Khalid bin Mahfouz, a powerful Saudi financial figure and BCCI partner. Bush family friend James Bath runs a business for Mahfouz in Houston, and joins a business partnership with Mahfouz and BCCI frontman Gaith Pharoun in Houston's Main Bank. (In These Times, Bushwatch)
June 1992
June 4: The FBI is purported to be investigating the connections between George W. Bush and James Bath. Bath was Salem bin Laden's official representative in the US, and is intimately connected with bin Laden's financial successor, Khaled bin Mahfouz, who is now known to be a prime source of Al-Qaeda funding. Bath, and by inference bin Mahfouz, are accused of funneling money to the Reagan and Bush administrations in order to influence American foreign policy. Allegations of the bin Laden family's attempt to influence President Bush through his son are made, but before proof can be collected, the investigation is quietly throttled. (CCR, Project Censored)
1992-2001
Following Bush's executive order of mid-1991 ordering the deposal of Saddam Hussein, the Rendon Group, a public relations firm with extensive experience working in Iraq for the CIA and the Pentagon, organizes the Iraqi National Congress as an eventual replacement for the Hussein regime. The head of the firm, John Rendon, gives the INC its name, coordinates its strategy sessions, lines up meetings with powerful GOP officials, and channels $12 million in covert CIA funds to the new group. In October 1992, Rendon names Ahmed Chalabi as the head of the INC. (Chalabi left Jordan in 1989 in the trunk of a car after a bank he ran collapsed; he was subsequently charged in absentia with embezzlement and sentenced to 22 years in prison.) Internal dissension all but destroys the group and ruins Chalabi's reputation with US intelligence. After Clinton's election, the US ceases supporting the INC and helps form its own opposition group, the Iraqi National Accord (INA). Both groups are severely damaged when Hussein's internal police captures and executes many members of both groups. Chalabi, dubbed by many a "limousine insurgent" who draws "more support on the Potomac than the Euphrates," according to one Middle East expert, continues to be trusted and wooed by Pentagon and other neoconservatives, some of whom privately dub him the "George Washington of Iraq." In 1997, Chalabi's fortunes improve when many of his Washington supporters form the Project for the New American Century (PNAC), which advocates the overthrow of Hussein and Chalabi taking his place as Iraq's leader. "Were it not for Rendon," a State Department official later reflected, "the Chalabi group wouldn't even be on the map." Nine days after the 9/11 attacks, the PNAC sends a letter to President G.W. Bush advocating not only the destruction of al-Qaeda, but the overthrow of Hussein as well as measures to be taken against the governments of Syria, Iran, Lebanon, and Palestine. (In These Times, Asia Times)
MORE
(CBS) When a forest fire shut down a major transmission line into California, cutting power supplies and raising prices, Enron energy traders celebrated, CBS News Correspondent Vince Gonzales reports.
"Burn, baby, burn. That's a beautiful thing," a trader sang about the massive fire.
Four years after California's disastrous experiment with energy deregulation, Enron energy traders can be heard – on audiotapes obtained by CBS News – gloating and praising each other as they helped bring on, and cash-in on, the Western power crisis.
"He just f-cks California," says one Enron employee. "He steals money from California to the tune of about a million."
"Will you rephrase that?" asks a second employee.
"OK, he, um, he arbitrages the California market to the tune of a million bucks or two a day," replies the first.
The tapes, from Enron's West Coast trading desk, also confirm what CBS reported years ago: that in secret deals with power producers, traders deliberately drove up prices by ordering power plants shut down.
...
...
"This is the evidence we've all been waiting for. This proves they manipulated the market," said Eric Christensen, a spokesman for the utility.
That utility, like many others, is trying to get its money back from Enron.
"They're f-cking taking all the money back from you guys?" complains an Enron employee on the tapes. "All the money you guys stole from those poor grandmothers in California?"
"Yeah, grandma Millie, man"
"Yeah, now she wants her f-cking money back for all the power you've charged right up, jammed right up her arsehol- for f-cking $250 a megawatt hour."
And the tapes appear to link top Enron officials Ken Lay and Jeffrey Skilling to schemes that fueled the crisis.
Here is a preview of our Summer offering:
Click here for show descriptions.
DOCUMENTARY SPECIALS
-Telling Times: All the news that's shit to print
-Up From The Bog: The Tom Delay Story
-Conservative in Bed: a study in necrophilia
-Is your husband...conservative? Help is on the way!
-Achieving Nevada: ...Stays in the White House
-At Night We Shine: Bootblacks in Tandem
ALSO:
The Clinton Biographies
The Clinton Biographies, Part One: "Jefferson"
The Clinton Biographies, Part Two: "Johnson"
The Clinton Biographies, Part Three: "el BJ"
SHOWS
-Carpe Noctem
-Time Invaders
-Bleak Condo
-Apes in Costume
-alt.primetime
-Arnold the Robopig
-Tobacco Company Execs
-Advanced Tones of Voice
-Life After Money
-Green Witch Village
-Bobbies
-Seeing Godot Out
-Inane Platitudes from the Deep
-Taboo Quest
-Freud's Banana
-Imperfect Weekend
-Food Chain Gang
-Corporate Busing
-Earth Muffin
-Ricecakes of Men
-Rapid Ear Movement
-Pick-up to Paradise
-Killer Mules of Tokyo
-Idea Management 101
-United States of Earth
-Vehement Behemoth
-Unusual Hair Parts
-Sexual in your Window
-Look Away if You Want Sex
-2 Ways Air Escapes the Body
-Undoing the Hydrant
-Sleep Smiling
-Relatively Cute SwampThang
-The Fastest Way to Bathe
-The New Way to Kiss
-Avant-Garde Lovemaking
-Horse Operas to Adore & Obey
-History of Mentalities
-You are what you upload
-When the Waldoes Emerge
-A Million Years Ago Today
-We Fit Together Like Dogs
-Dreams Are for Sissies
-A Glacier in Hell
-Finnegan's Wake For Cats
-Being-for-Itself Meets Godzilla
-The Horripilation