The Bush Cabal End Game: Terrorist Insurance, Kissinger and Other Scams
almartinraw.com
"(Dec 2) The Bush scams continue. Last week it was protecting Republican pals in the pharmaceutical industry and security firms from lawsuits. This week there’s the terrorism insurance bill. Nobody really understood what it was all about, but now we know. As you may remember, it was something that Bush kept pushing and pushing. Why? Now we know the scam…
First of all, it’s a huge lie, as was pointed out once he signed it. Bush kept trying to sell it on the idea that “let’s put America back to work” and “look at all the construction projects that have been held up because there’s no terrorism insurance.”
The Chicago Daily News did a big investigation piece on this. Did you know there was not one construction project in the United States that was held up for lack of terrorism insurance?
This was pointed out to the Bush administration and they finally back down from the previous lies and said that “this will help the nation’s economy.” And there’s Bush standing there signing it next to a bunch of guys wearing hard hats, who are supposed to be construction workers out of work. And Bush says, “This bill will put these people back to work.”
And the guy from the Chicago Daily News says, “Well, Mr. President, these men were never out of work because of the lack of terrorism insurance” and this really embarrassed Bush.
The idea of providing catastrophic or unusual insurance coverage from the government is not new. They talked about riot insurance that the Johnson and Nixon administrations had offered to insurance companies in the late 1960s and early 1970s. The insurance companies had to pay premiums for them. This so-called “terrorist insurance” is a straight giveaway of taxpayers’ money. The insurance companies don’t have to pay a dime for it.
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The whole phony scheme is that its billed as a Terrorism Insurance Bill but it doesn’t really have to be “terrorism.” Under the bill’s guidelines, anything could be construed as an act of “terrorism.”
(Maybe they’ll be able to grandfather in Wellstone’s “accident” into the Terrorism Insurance provisions.) ...
It makes you wonder if Hank Greenberg, a/k/a Mr. AIG is the prime beneficiary, but the really big beneficiaries are the offshore based re-insurance companies. There are only really a couple of big American reinsurance companies left. In anticipation of this bill, many reinsurance companies moved a lot of their surplus accounts. They’ve been taking profits, which should have been paid out in the form of dividends and simply tucking them away in an offshore account, so they can’t be touched. Instead they will be using taxpayers’ money should there be any further “terrorist” incident.
This is just a $90 billion a year giveaway of US taxpayers money to help Bushonian friends in the insurance business. The definition of “terrorist act” is so loose that the man from the American Consumer Conference on Insurance said the terrorist part of this is so weak that even if a blond haired blue eyed guy throws a pipe bomb through a bakery window because he’s upset as long as he’s upset and he disagrees with Bushonian policy on the “war on terrorism” and “domestic security” then he’s classified as a “terrorist.”
Any internal act of violence that results in the destruction of property can be construed as a “terrorist” act, as long as the perpetrator of that act is a “bad citizen,” a citizen who disagrees with Bushonian policy.
The definition of what a terrorist is keeps blurring and simultaneously expanding to include more American citizens.
But this act opens American taxpayers up to an enormous potential liability the way the bill is written. Bush said that if a billion dollar office building were knocked down, this insurance would rebuild it. But that’s not what the fine print says.
The fine print says that this takes in a $3000 minimum claims limit considering who it is by the new definition of who can be declared a terrorist.
This could set up a whole new category of insurance scam. The Terrorist Fender Bender Scam. Or the Terrorist Whiplash Scam. As in the “the terrorist gave me whiplash when he rear ended me.”
And who’s on the board of directors of American Re? There has been a long and close affiliation of the Bush Family and the insurance industry, especially American Re and AIG. (See “The Conspirators: Secrets of an Iran Contra Insider” by Al Martin)
This is just a transfer of money from the American taxpayer to Bushonian friendly insurance companies. And that’s all this terrorism insurance bill really is.
But you can imagine the way this is set up and the scams that are going to be formed |
