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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Neocon who wrote (417839)6/23/2003 4:20:38 PM
From: willcousa  Read Replies (2) | Respond to of 769670
 
I have consulted with a lot of Savings and Loans over my career. Most of the owners were wiped out. In many cases it was tragic - leading to suicides and broken marriages. I saw no evidence that investors were bailed out - only depositors.



To: Neocon who wrote (417839)6/23/2003 6:07:09 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
It's the DEPOSITS that were bailed out - no matter how large they were - even though the deposit insurance was only $100,000 per account.

The net effect of this bailout was to also rescue most of the BOND holders of the S&Ls.

Cost to taxpayers: $1 Trillion and counting.



To: Neocon who wrote (417839)6/24/2003 2:58:52 AM
From: Raymond Duray  Read Replies (1) | Respond to of 769670
 
BLIAR IN TROUBLE NOW, BUSH TO FOLLOW: "Top Blair Aide to Go Public Over Iraq Weapons"

Blair has come under serious pressure over a dossier he released on Iraq's alleged banned weapons, the existence of which he used as justification for launching war.

The document was quickly dubbed the "dodgy dossier" by the media because much of it was plagiarised


truthout.org

Reuters

Monday 23 June 2003

LONDON (Reuters) - Prime Minister Tony Blair's top aide is to testify to a parliamentary
committee over claims the British government made about Iraqi biological and chemical
weapons, officials said Monday.

The decision for Blair's communications supremo Alastair Campbell to appear in public before
the cross-party Foreign Affairs Select Committee represents a major U-turn. As recently as last
week, the government refused to put him forward.

Blair has come under serious pressure over a dossier he released on Iraq's alleged banned
weapons, the existence of which he used as justification for launching war.

The document was quickly dubbed the "dodgy dossier" by the media because much of it was
plagiarised from a student thesis.

The select committee is launching an investigation into Iraq and its lethal weapons, and the
claims made about them by Blair.

"We have agreed that Mr Campbell should exceptionally give evidence to your committee,"
Foreign Secretary Jack Straw said in a letter to committee chairman Donald Anderson.

"Mr Campbell himself has wanted to appear before the committee to rebut the serious
allegations that have been made by journalists and others."

No date has been set for his appearance.

Blair's office last week said Campbell would not break cover, arguing that it would break the
precedent that prime ministerial officials do not appear before public committees for fear of
jeopardizing national security.

Weeks after war in Iraq finished, no biological or chemical weapons have been found by U.S. or
British troops and Blair's ratings are starting to suffer.

A recent poll showed that 34 percent of voters were less likely to trust Blair on other issues in
the future as a result of the controversy over Iraq's banned weapons.

(In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to
those who have expressed a prior interest in receiving the included information for research and
educational purposes.)