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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: DayTraderKidd who wrote (31848)	10/25/2004 11:04:13 AM
From: jlallen	Respond to of 173976

Huh? I think you must have doubled up on your meds this morning.... You're way out in deeeeep left field.....

To: DayTraderKidd who wrote (31848)	10/25/2004 11:14:46 AM
From: Ron	Read Replies (1) \| Respond to of 173976

If your dad was in a position to make huge profits by war profiteering, what would you do? Well, if you found yourself President of the United States, you might eliminate the federal Inheritance Tax, so you and your brothers and sisters could get even richer in a few years. You might even start a war. Been wondering why President Bush was in such a rush to start a war on Iraq? Read on. After all, the Weapons of Mass Destruction are nowhere to be found. The 911 Commission found little or no connection between Saddam Hussein and al Qaeda. So what are we doing there? More than 1,200 American soldiers dead, and no good reason to be there? There are several possibilities. Here’s just one: How to Make Billions from War In 1997 the Carlyle Group, a Washington, DC investment firm, purchased United Defense Industries, a long time maker of military equipment, including a dozen versions of the Bradley Fighting Vehicle, guided missile systems and howitzers. On December 14, 2001, Carlyle spun off UDI as a separate company through an initial public offering through the New York Stock Exchange, retaining private ownership of a substantial share of the stock. On March 20, 2003 the United States began major combat operations against the nation of Iraq. UDI shareholders have seen a significant rise in the value of their holdings since that date. This month, the Financial Times reported Carlyle paid out $6.6 Billion to its investors, a record profit during the last 18 months. CFO Bill Conway said “It’s the best 18 months we’ve ever had. We made money and we made it fast.” UDI Stock chart: ttrader.com Those benefiting financially from their affiliation with the Carlyle Group include former US President George H.W. Bush, former US Secretary of State James Baker, former US Defense Secretary Frank Carlucci , former US Secretary of State Henry Kissinger, and former British Prime Minister John Major. President George W. Bush served on the board of a Carlyle Group subsidiary for three years, but left prior to his campaign for Governor of Texas. In 2001, the President successfully persuaded congress to phase out all federal inheritance taxes for wealthy Americans, including billionaires. Carlyle is a huge privately-held investment company with holdings around the globe. The company also received substantial profits when it invested in 1998, in a small Michigan vaccine company, BioPort. The firm is the only U.S. maker of Anthrax vaccine, and has faced many problems with quality and FDA inspections. The company has received U.S. government contracts to supply millions of dollars worth of anthrax vaccine to soldiers and civilians. More than two million servicemen and women were ordered to receive the six-shot series of vaccinations from the Lansing, Michigan company. Business has been brisk since anthrax fears spread around the U.S. following the 911 terrorist attacks on the United States. Huge profits are being reaped by the Military-Industrial Complex in the United States, funded almost entirely by taxpayers. It’s good to be the President if you want to get rich. Readers are welcome to confirm the facts listed here. They are readily available at your local library or on the Internet, through reputable information sources.