(Excerpted from Chapter 9: The Texas Oil Mafia: Big Oil & Their Bankers…)
In 1985 Drexel Lambert S&L crook Michael Milken helped Houston Natural Gas merged with Internorth to create Enron. Kenneth Lay headed Houston Natural Gas and became chairman and CEO of the new company. Enron was the biggest corporate contributor to George W. Bush’s campaign to become Texas Governor. [1]
(Excerpted from The Grateful Unrich: Chapter 8: The Rambutan & the Thief)
I set out hitching south. After three short rides I am still twenty-five clicks north of Kuantan. Dark clouds are forming. Drizzle begins to pelt my sunburned face. The green jungle is a steamy cauldron. The road is busy with holiday traffic in too big a hurry to stop. I carefully cross a narrow bridge and go around a sharp curve. A 4-wheel drive Isuzu finally pulls to a stop in front of me. I run and hop in. Read the rest of this entry »
For decades the American middle class bought into a plethora of Ayn Rand-inspired notions regarding their economic strategy. Keep your head down, plow money into your 401K and get to work on time. If you did these things, you could count on Wall Street money shufflers and their corporate “job creator” tentacles to lift your little life raft with their graft-ridden blood-soaked tide.
It was a formula predicated on endless resource wars in faraway lands, a necessary scorn for the poor, an infatuation with the wealthy and the shutting down of one’s humanity.
Reinforced by a barrage of propaganda from corporate media, the sharecropper climbers embraced their treadmill, sure that one day they would reap the spoils of the class war which the bankers have waged against workers for centuries. Read the rest of this entry »
(Excerpted from Chapter 14: Saddam’s Banker in Atlanta: Big Oil & Their Bankers…)
The London-controlled Eurodollar market is a convenient vehicle for recycling the huge slush fund of petrodollars generated by the Four Horsemen. A Eurodollar is simply any convertible currency existing in a country other than its country of origin. A key feature of the Eurodollar market is its lack of regulation and secrecy. The strength of the British pound, unjustified on purely economic grounds, has to do with the multi-trillion dollar Eurodollar petro-slush fund which London attracts; in tandem with the string of British Protectorate off-shore banking centers which facilitate the Eurodollar trade and markets for narcotics, diamonds, gold, platinum, plutonium and arms. Read the rest of this entry »
