Monday, the Boston Herald reported that the US military had announced
the Easter weekend deaths of 10 more American soldiers, including six killed on
Sunday. The Associated Press reported that since the war began in March 2003
over 3,000 members of the US military have been killed in Iraq.
The military reported the deaths of four more US soldiers on Tuesday.
Its nearly impossible to estimate the number of deaths of civilians in
Iraq, but the Herald reports that at least 47 people were killed or found dead
in violence on Easter Sunday, including 17 execution victims dumped in the
capital.
News releases out of Iraq also report that a woman wearing a black veil
and strapped with explosives blew herself up outside a police station in Iraq
on Tuesday, killing 16 people.
According to the January 14 Los Angeles Times, Steven Kosiak, director
of budget studies at the Center for Strategic and Budgetary Assessments in
Washington, says that, starting with the anti-terrorism appropriation a week
after the 9/11 attacks, he estimates the US has spent $400 billion fighting
terrorism through fiscal 2006, which ended on September 30, 2006.
In January, Marine Corps spokeswoman, Lt Col Roseann Lynch, told
Reuters that the war in Iraq is costing about $4.5 billion a month for military
�operating costs,� which did not include new weapons or equipment.
Since this �war on terror� was declared following 9/11, the pay levels
for the CEOs of the top 34 defense contractors have doubled. From 1998-2001,
the average compensation rose from $3.6 million to $7.2 million from 2002-2005,
according to an August 2006, report, �Executive Excess 2006,� by the
Washington-based, Institute for Policy Studies, and the Boston-based United for
a Fair Economy.
This study found that since 9/11, the 34 defense CEOs have pocketed a
combined total of $984 million, or enough, the report says, to cover the wages
for more than a million Iraqis for a year. In 2005, the average total
compensation for the CEOs of large US corporations was only 6 percent above
2001 figures, while defense CEOs pay was 108 percent higher.
But the last name of one family, which is literally amassing a fortune
on the backs of our dead troops, matches that of the man holding the purse
strings in the White House. On December 11, 2003, the Financial Times reported
that three people had told the Times that they had seen letters written by Neil
Bush that recommended business ventures in the Middle East, promoted by New
Bridges Strategies, a firm set up by President Bush�s former campaign manager,
Joe Allbaugh, who quit his Bush appointed government job as the head of FEMA,
three weeks before the war in Iraq began.
Neil Bush was paid an annual fee to �help companies secure contracts in
Iraq,� the Times said.
But Neil Bush is by no means the only Bush profiting from the �war on
terror.� The first President Bush is so entangled with entities that have
profited greatly that it�s difficult to even know where to begin. Bush joined
the Carlyle Group in 1993 and became a member of the firm�s Asian Advisory
Board.
The Carlyle Group was best known for buying defense companies and
doubling or tripling their value and was already heavily supported by defense
contracts. But, in 2002, the firm received $677 million in government
contracts, and by 2003 its contracts were worth $2.1 billion.
Prior to 9/11, some Carlyle companies were not doing so well. For
instance, the future of Vought Aircraft looked dismal when the company laid off
20 percent of its employees. But business was booming shortly after the wars in
Afghanistan and Iraq began, and the company received over $1 billion in defense
contracts.
The Bush family�s connections to Osama bin Laden�s family seem almost
surreal. On September 28, 2001, two weeks after 9/11, the Wall Street Journal
(WSJ) reported 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.�
As a representative of Carlyle, one of the investors that Bush brought
to Carlyle was the Bin Laden Group, a construction company owned by Osama�s
family. The bin Ladens have been called the Rockefellers of the Middle East,
and the father, Mohammed, has reportedly amassed a $5 billion empire. According
the WSJ, Bush convinced Shafiq bin Laden to invest $2 million with Carlyle.
The WSJ found that Bush had met with the bin Ladens at least twice
between 1998 and 2000. On September 27, 2001, the WSJ reported that it had
confirmed that a meeting took place between Bush Senior and the bin Laden
family through Senior�s chief of staff, Jean Becker, but only after the
reporter showed her a thank you note that was written and sent by Bush to the
bin Ladens after the meeting.
The current president�s little publicized affiliation with the bin
Laden family goes back to his days with Arbusto Energy, when Salem bin Laden
funneled money through James Bath to bail out that particular failed company.
Probably the most eerie report about this strange group of bedfellows
is that on 9/11, the day that served as a kick-off for the highly profitable �war
on terror,� Shafiq bin Laden attended a meeting in the office of the Carlyle Group,
and stood watching TV with other members of the firm as the World Trade Center
collapsed.
The fact that so many Saudis, including many bin Ladens, were allowed
to fly out of the country right after 9/11, while Americans were still
grounded, has always seemed a bit strange to most people, especially when
nobody in the Bush administration was able to explain who gave permission for
the flights.
About a month after 9/11, in October 2001, the Carlyle Group severed
its ties with the Bin Laden Group, but the Bush family did not. In January
2002, Neil Bush took a trip to Saudi Arabia that was sponsored by the Bin Laden
Construction Company and Prince Alwaleed bin Talal, the same prince who offered
New York Mayor Rudy Giuliani $10 million to help the 9/11 victims, a gesture
that Rudy refused.
In the fall of 2003, Bush Senior finally resigned from the Carlyle
Group as the accusations of family war profiteering grew louder. However,
according to the Washington Post, he still retained stock in the firm and gave speeches
on its behalf for a fee of $500,000.
Carlyle companies have also scored big in the Homeland Security
bonanza. Federal Data Systems and US Investigations Services hold
multi-billion- dollar contracts to provide background checks for airlines, the Pentagon,
the CIA and the Department of Homeland Security. US Investigations used to be a
federal agency, until it was privatized in 1996 and taken over by Carlyle.
Marvin and Jeb Bush are also highly successful members of the family
war profiteering team. Marvin is a co-founder and partner in Winston Partners,
a private investment firm, and Jeb is an investor in the Winston Capital Fund,
which is managed by Marvin.
Winston Partners is part of the Chatterjee Group, which owned 5.5
million shares in a company called Sybase in 2001, a firm that had contracts
worth $2.9 million with the Navy, $1.8 million with the Army and $5.3 million
with the Department of Defense. The federal procurement database listed the
total of the firm�s contracts that year as $14,754,000.
And, Sybase was not the only company delivering
war profits to Marvin and Jeb. The portfolio of Winston Partners also included
the Amsec Corp, which, in 2001, was awarded $37,722,000 in Navy contracts.
Marvin�s business partner, Scott Andrews, sat on the board of directors
at AMSEC, and the company�s CEO was Michael Braham, who formerly worked for L.
Paul Bremer, the administrator of the Coalition Provisional Authority, which
was responsible for handing out contracts in Iraq.
This is the same L. Paul Bremer who used Iraqi money from the
Development Fund for Iraq to award five no-bid contracts to Dick Cheney�s cash
cow, Halliburton -- contracts worth $222 million, $325 million, $180 million,
and $194 million combined for the last two, according to a July 28, 2004,
report by the CPA Inspector General Stuart Bowen, entitled �Comptroller Cash
Management Controls over the Development Fund for Iraq.�
As it turns out, Halliburton received 60 percent of all contracts paid
for with Iraqi money. In a January 2005 report, Inspector Bowen concluded that
occupation authorities accounted poorly for $8.8 billion in Iraqi funds, and
said, �The CPA did not implement adequate financial controls.�
The president�s uncle, William (Bucky) Bush, is the most visible war profiteer
on the team. He sat on the board of a major military contractor, Engineered
Support Systems. Six months before the war in Iraq began, on September 16,
2002, CNN/Money Magazine called ESS one of �seven defense stocks that fund
managers like,� and one fund manager said ESS was one of two companies that �would
gain the most from a war from Iraq.�
As a director, Uncle William received a monthly fee and held stock
options. In January 2003, before the Iraq war began, he owned 33,750 shares of
stock, but a year later, in January 2004, he owned 56,251.
The fact that Uncle William had an inside line to the White House can
hardly be disputed. On March 25, 2003, Bush asked Congress for funding, �to
cover military operations, relief and reconstruction activities in Iraq, and
ongoing operations in the global war on terrorism,� and the very next day, ESS
announced a large order from the Army for its Chemical Biological Protected
Shelter systems.
Uncle William has become a very rich man since his nephew took office.
In January 2005, SEC filings show that he made about $450,000 by selling ESS
stock. But he did even better the next year.
According to the Excess Report, through a series of defense contracts,
ESS earnings reached record levels and set the stage for the sale of the firm
to another defense contractor, DRS Technologies, in January 2006, and among the
beneficiaries of the deal was Uncle William, who cleared $2.7 million in cash
and stock from the sale.
Its time for Congress to stop the direct deposits of tax dollars into
the Bush bank accounts. Lawmakers need to notify the White House that all
funding for Iraq is done, other than what is needed for the immediate removal
of our troops from this disgusting war profiteering scheme.
Evelyn Pringle is a columnist for
OpEd News and an investigative journalist focusing on exposing corruption in
government and corporate America.. She can be reached at: evelyn.pringle@sbcglobal.net.