Tuesday, November 27, 2007

Carlyle + 300 Bush Cronies control 50% of ALL "bear shares" on US markets -- using offshore accounts
Tip of the hat to kickysnana:

http://www.democraticunderground.com/discuss/duboard.ph...

http://www.almartinraw.com/public/column335.html

"Indeed, of the short interest in domestic equity markets, if one looks at all exchanges – NYSE, Amex, OTC, etc. – here’s a startling statistic -- half of all of the short interest is controlled by eight offshore funds, all managed by Carlyle Group or its subsidiaries, trusts, limited partnerships and other such vehicles. I heard this last Wednesday. In these 8 funds, there are only 300 investors common to all 8 funds. They are, in fact, the top 300 members of the Bush Cabal.

Most hold interest through offshore blind trusts, ranging from the Cayman Islands to Panama. But they are all Bush-Cabal-aligned interests. They are the top 300 members of the Cabal that, for lack of a better definition, control the short side of domestic equity markets."

The author interprets this as evidence that only the neocon investors (Bush cronies) think the market will recover, and are hoping to reap a windfall, Hudsucker-style.

Given what happened on 9/11, I see something far more sinister at work here.

(For those of you who dismiss such alarming statistics about trust ownership as conspiracy-buzz, consider this factoid: 80% of all new development in the country -- the towns you inhabit, the roads you drive on, the McMansions you admire as evidence someone has attained the American Dream -- is designed, built, financed and sold by five -- count 'em five -- firms, several of whom are privately owned. Some of these firms are involved in projects like the Freedom Tower and other redevelopments of Manhattan that involve concentrations of capital so intense, the owners of the resulting skyscrapers have absolute power over the operation of the resulting business districts and the average citizen commuting in for work is nothing more than ants to them... Due to limitations on the inflationary economic system, which requires endless population growth and white flight out of older neighborhoods, 90% of all new construction is designed, built and financed for the upper income brackets.)

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