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How Poppy Bush’s Brother, “Uncle Bucky,” Made a Killing Off the Iraq Wars

Then Pentagon awarded ESSI a $49 million contract to remodel military trailers for use in Iraq.

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Authored by Jeffrey St.Clair via Counterpunch.org:


Back in 1991, shortly after the depleted uranium-flaked dust had settled some from the first Gulf War, there was a minor tempest in the press over influence peddling by members of the Presiden George H. W. Bush’s family, including his son Neil and his brother Prescott, Jr. Both Neil and Prescott, neither of whom had proven to be exceptionally talented businessmen, had made millions by flagrantly trading on their relationship to the president.

Seeking to distinguish himself from his more predatory relatives, William Henry Trotter Bush, the younger brother of Bush Sr. and an investment banker in St. Louis, gave an interview to disclaim any profiteering on his own part. Indeed, he sounded downright grumpy, as if his older brother hadn’t done enough to steer juicy government deals his way.

“Being the brother of George Bush isn’t a financial windfall by any stretch of the imagination,” huffed William H.T. Bush.

Well, perhaps being the brother of the president didn’t generate as much business as he hoped, but having the good fortune to be the uncle of the president certainly appears to have padded the pockets of the man endearingly known to George W. Bush as “Uncle Bucky.”

A few months before his selection as president, Bush’s Uncle Bucky quietly joined the board of a small and struggling St. Louis defense company called Engineered Support Systems, Incorporated (ESSI). Since Bush joined the team, ESSI’s fortunes have taken a dramatic turn for the better. This once obscure outfit is now one of the top Pentagon contractors. Next year its revenues will top $1 billion, nearly all of it derived from defense contracts with the Pentagon or with foreign militaries financed by US aid and loan guarantees. Even sweeter, most of these contracts have been awarded in no bid, sole source deals.

True to form, Uncle Bucky claims that ESSI’s amazing transformation has nothing to do with him or his nephew, the president.

“I don’t make any calls to the 202 (DC) Area Code,” Bush sneered to the Los Angeles Times.

Uncle Buck’s characteristic modesty was swiftly undercut by statements made by top executives at ESSI, who seemed proud that their foresight in inviting Bush on board had paid off so handsomely for all concerned.

“Having a Bush certainly doesn’t hurt,” chuckled Dan Kreher, ESSI’s vice president for industrial relations.

Uncle Bucky Bush is 16 years younger than his brother, the former president. According to Kitty Kelley’s gripping history of the Bush clan The Family, Bucky was raised “almost as an only child” by his aging parents Dorothy and Prescott Bush, the senator who traded with the Nazis. Bucky was a sensitive and precocious kid with a peculiar devotion to choral music. In fact, the highlight of his career at Yale University was his starring spot with Whiffenpoofs, an elite choir.

While his older brother headed to Texas to make his name in the oil patch, Bucky returned to St. Louis, the Gateway City where the original Bush fortune had been built. He settled into a modest career as an investment banker and corporate consultant. Then, with his nephew poised to seize the White House, Uncle Bucky was offered a seat on the board of ESSI, a military support and defense electronics firm. ESSI’s company prospectus describes it as “a diversified supplier of high-tech, integrated military electronics, support equipment and logistics services for all branches of America’s armed forces and certain foreign militaries.”

Shortly after the attacks of 9/11, ESSI positioned itself to win a series of lucrative Pentagon contracts that would catapult the diminutive firm into the top ranks of defense contractors. Within a few short months, the company’s shareholders were given the financial ride of their lives.

By the time of the Iraq war, ESSI was a brawny new player on the defense block. In the spring of 2003, ESSI acquired a military communications company called TAMSCO, whose prime activity was in developing military satellite terminals in the Gulf region and in US bases in Germany in anticipation of a US invasion of Iraq. After the ESSI buy-out, TAMSCO swiftly won contracts from both the Air Force and the Army for more than $90 million for the training of troops in the operation of the system and the installation of radar equipment in Kuwait.

Then Pentagon awarded ESSI a $49 million contract to remodel military trailers for use in Iraq.

In 2003, the Defense Department gave ESSI a huge deal to provide the Army with equipment to search for Iraq’s non-existent chemical and biological weapons. Part of this package included a $19 million contract to provide protective tents for US troops from chemical bombs. The tents didn’t arrive in Iraq until after it was evident to nearly everyone that the Iraqi military didn’t have access to such weapons. This didn’t stop the money from flowing into ESSI’s coffers and it didn’t stop ESSI’s executives from playing along in the grand charade. “The potential threat of our troops facing a chemical or biological attack during the current conflict in Iraq remains very real,” huffed Michael Shananan, the company’s former chairman.

As the invasion transformed into a military occupation of Iraq, ESSI continued to pluck off sweet deals. In late 2003, the Coalition Provisional Authority, whose contracts passed across the Pentagon desk of arch neocon Douglas Feith, awarded ESSI an $18 million deal to engineer a communications system for the CPA offices, barricaded inside Baghdad’s Green Zone.

Its executives openly clucked at the likelihood for protracted war. “The increasing likelihood for a prolonged military involvement in Southwest Asia by US forces well into 2006 has created a fertile environment for the type of support products and services we offer,” gloated Gerald L. Daniels, the company’s Chief Executive Officer. Rarely has corporate glee over the prospects of war profiteering been expressed so brazenly.

But Daniels had a point. Even as things began to go sour for the US in Iraq, ESSI stood to make lots of money. One of its biggest no-bid contracts came in 2004 in the wake of mounting causalities in light-armored vehicles hit by roadside bombs. ESSI won a deal to upgrade the armor of thousands of vehicles in or bound for Iraq. The company’s annual report for 2005 forecast that ESSI might make as much as $200 million from this bloody windfall alone.

As the flood of new contracts poured in, ESSI’s stock soared. In January of 2005, it reached its all-time high of $60.39 per share. A few days before the stock hit this lofty peak, Uncle Bucky quietly exercised his option to sell 8,438 shares of ESSI stock. He walked away from that transaction with at least $450,000. The stock sale occurred a few days after ESSI announced that the Pentagon had awarded it $77 million in new contracts for the Iraq war and a few days before word leaked to the press that the company was under investigation for its handling of older Pentagon contracts. The timing of the trade was perfect.

In a February 2005 filing with the Securities Exchange Commission, ESSI discreetly disclosed to its shareholders that the inspector general of Pentagon had launched an inquiry into a series of contracts awarded to the company in 2002 for work on the Air Force’s troubled automated cargo loading machine called the Tunner.

While the company’s chief financial dismissed the probe as “routine” and assured investors that it would have “no effect” on ESSI’s fortunes, the Pentagon held to a more restrained assessment of the potential liability. Michael Wynne, acting undersecretary of Defense, said he had referred ESSI contracts valued at $158 million to the Pentagon’s inspector general because the deals “appear to have anomalies in them.” Many of the contracts were awarded on a no-bid basis and much of the probe appears to focus on the role Pentagon insiders played in steering the contracts to ESSI.

Much of the thrust behind ESSI’s sudden rise has been fueled by no-bid or source deals with the Pentagon.These no risk deals are part of a corporate strategy cooked up in part by non other than Uncle Bucky himself. In a profitable bit of self-dealing, ESSI hired its board member, Bucky Bush, as a consultant in 2002. Bush, who pulls in about $45,000 a year in director’s fees, was paid an additional $125,000 for his advice on ESSI’s buyout of other military contractors. The acquisition strategy outlined by Bush was to train the company’s appetite on the gobbling up of companies that held no-bid or sole source deals with the Pentagon.

In January 2005, ESSI spent $37.6 million to buy a New York electronics testing firm called Prospective Computer Analysis, Inc. In defending the purchase to shareholders, executives at ESSI emphasized that the company held “a lot of source contracts.”

A few months later, ESSI acquired Spacelink, Inc, a Virginia-based defense company, for $150 million. Spacelink, which supplies parts for military satellites and was poised to cash in on the $80 billion missile defense bonanza.

ESSI isn’t the only defense-oriented company to acquire the services of Uncle Bucky. The banker from St. Louis has also been retained as a trustee for the global investment firm Lord Abbott, one of the primary financial underwriters of Halliburton. Lord Abbott is both one of the top 10 shareholders in Dick Cheney’s former company, as well as one of its top mutual fund holders. It’s all in the family.

Uncle Bucky didn’t unload all of his ESSI stock. He still retained 45,000 shares valued at more than $2.5 million and used the profits from the sale to purchase a vacation home in Florida near his other nephew nourishing presidential ambitions, Jeb Bush.

Who knows if the Bucky will finally stop there?

(Bucky Bush died on February 27, 2018)

This essay is excerpted from Grand Theft Pentagon.

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AM Hants
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AM Hants

Interesting and so worth sharing. ‘Poppy’Bush, son of Prescott. What could go wrong?

Shaun Ramewe
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Shaun Ramewe

Totally sick – the whole damn disgusting depraved lot of them.

john vieira
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What one knows is good…Who one knows is better!!!

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It’s Back to the Iran-Contra Days Under Trump

Abrams and his cronies will not stop with Venezuela.

Strategic Culture Foundation

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Authored by Wayne Madsen, via The Strategic Culture Foundation:


Showing that he is adopting the neoconservative playbook every day he remains in office, Donald Trump handed the neocons a major win when he appointed Iran-contra scandal felon Elliott Abrams as his special envoy on Venezuela. Abrams pleaded guilty in 1991 to two counts of withholding information on the secret sale of US weapons for cash to help illegally supply weapons to the Nicaraguan right-wing contras, who were battling against the government of President Daniel Ortega. Abrams would have headed to a federal prison, but President George H. W. Bush, an unindicted co-conspirator in the scandal, issued pardons to Abrams and his five fellow conspirators – former Secretary of Defense Caspar Weinberger, former National Security Adviser Robert McFarlane, and former Central Intelligence Agency officials Alan Fiers, Duane “Dewey” Clarridge, and Clair George – on Christmas Eve 1991, during the final weeks of Bush’s lame duck administration.

Abrams escaped being charged with more serious crimes by Independent Counsel Lawrence Walsh because he cut a last-minute deal with federal prosecutors. Trump, who has made no secret of his disdain for cooperating federal witnesses, would have normally called Abrams a “rat,” a gangster term meaning informant. The man who helped engineer the pardons for Abrams and his five convicted friends was none other than Bush’s Attorney General, William Barr, who has just been sworn in as Trump’s Attorney General. Trump, who is always decrying the presence of the “deep state” that thwarts his very move, has become the chief guardian of that entity.

During a recent hearing of the US House of Representatives Foreign Affairs Committee, newly-minted congresswoman Ilhan Omar, Democrat of Minnesota, reminded her colleagues and the world about the sordid background of Abrams.

Omar zeroed in on Abrams’s criminal history:

“Mr. Abrams, in 1991 you pleaded guilty to two counts of withholding information from Congress regarding the Iran-Contra affair, for which you were later pardoned by President George H.W. Bush. I fail to understand why members of this committee or the American people should find any testimony you give today to be truthful.”

Abrams, as is the nature of neocons, refused to respond to Omar and cited her comments as “personal attacks.”

Abrams’s and his fellow criminals’ use of mercenaries and “death squads” to conduct secret wars in Nicaragua, Honduras, El Salvador, and Guatemala during the Ronald Reagan administration in the 1980s has made a re-entrance under Trump. Abrams was brought on board by neocons like National Security Adviser John Bolton, Vice President Mike Pence, and Secretary of State Mike Pompeo to oversee a US military build-up in Colombia, said to be 5000 US troops, to support Venezuelan paramilitary and military efforts to topple President Nicolas Maduro. Abrams and Bolton are also believed to have retained the services of another unindicted conspirator in the Iran-contra affair, Michael Ledeen, a colleague of the disgraced and convicted former Trump National Security Adviser, retired Lieutenant General Michael Flynn. Ledeen and Flynn co-authored a book titled, “The Field of Fight: How We Can Win the Global War Against Radical Islam and its Allies.” The book contains nothing more than the standard neocon tripe one might expect from the likes of Ledeen.

An official investigation of the Iran-contra scandal by the late Republican Senator John Tower of Texas concluded that Abrams’s and Ledeen’s friend, Iranian-Jewish middleman Manucher Ghorbanifar, a long-time Mossad asset and well-known prevaricator, was extremely instrumental in establishing the back-channel arms deals with Iran. Ghorbanifar has long been on the CIA “burn list” as an untrustworthy charlatan, along with others in the Middle East of similar sketchy credentials, including the Iraq’s Ahmad Chalabi, Syria’s Farid “Frank” Ghadry, and Lebanon’s Samir “Sami” Geagea. These individuals, however, were warmly embraced by neocons like Abrams and his associates.

Abrams, whose links with Israeli intelligence has always been a point of consternation with US counter-intelligence officials, is part of an old cabal of right-wing anti-Soviet Democrats who coalesced around Senator Henry Jackson in the 1970s. Along with Abrams, this group of war hawks included Richard Perle, Frank Gaffney, William Kristol, Douglas Feith, Lewis “Scooter” Libby, Abram Shulsky, and Paul Wolfowitz. Later, this group would have its fingerprints on major US foreign policy debacles, ranging from Nicaragua and Grenada to Lebanon, Iraq, and Libya. Later, in December 2000, these neocons managed to convince president-elect George W. Bush of the need to “democratize” the Middle East. That policy would later bring not democracy but disaster to the Arab Middle East and North Africa.

Abrams and his cronies will not stop with Venezuela. They have old scores to settle with Nicaraguan President Ortega. The initiation of “regime change” operations in Nicaragua, supported by the CIA and the US Southern Command (SOUTHCOM) in Miami, have been ongoing for more than a year.

The Trump administration has already achieved a regime change victory of sorts in El Salvador. Nayib Bukele, the former mayor of San Salvador, who was expelled from the formerly-ruling left-wing Farabundo Marti National Liberation (FMLN) party and joined the right-wing GANA party, was recently elected president of El Salvador. Bukele has quickly re-aligned his country’s policies with those of the Trump administration. Bukele has referred to President Maduro of Venezuela as a “dictator.” He has also criticized the former FMLN government’s recognition of China and severance of diplomatic ties with Taiwan. It will be interesting to see how a sycophant like Bukele will politically survive as Trump continues to call hapless asylum-seeking migrants from his country, who seek residency in the United States, “rapists, gang monsters, murderers, and drug smugglers.”

Another country heading for a US-installed “banana republic” dictator is Haiti. President Jovenal Moise has seen rioting in the streets of Port-au-Prince as the US State Department removed all “non-essential” personnel from the country. Moise, whose country has received $2 billion in oil relief from Venezuela, to help offset rising fuel prices, has continued to support the Maduro government. However, at the US-run and neo-colonial artifice, the Organization of American States (OAS), Moise’s envoys have been under tremendous pressure to cut ties with Venezuela and recognize the US puppet Juan Guaido as Venezuelan president. Moise’s refusal to do so resulted in armed gangs hitting the streets of Port-au-Prince demanding Moise’s resignation. It is the same neocon “regime change” playbook being used in Venezuela and Nicaragua.

There will be similar attempts to replace pro-Maduro governments in his remaining allies in the region. These include Suriname, Antigua and Barbuda, Dominica, and Saint Vincent and the Grenadines.

Abrams was also brought in as an adviser on Middle East policy in the George W. Bush administration. The carnage of Iraq is a stark testament to his record. In 2005, it was reported that two key Bush White House officials – Deputy Chief of Staff Karl Rove and Deputy National Security Adviser Elliot Abrams – gave a “wink and a nod” for the assassinations by Israeli-paid operatives of three key Lebanese political figures seeking a rapprochement with Syria and Lebanese Hezbollah – Member of Parliament Elie Hobeika, former Lebanese Communist Party chief George Hawi, and former Prime Minister Rafik Hariri.

In 2008, a United Nations panel headed by former Canadian prosecutor Daniel Bellemare later concluded Hariri was assassinated by a “criminal network” and not by either Syrian and Lebanese intelligence or Lebanese Hezbollah as proffered by Abrams and his friends in Washington.

Representative Omar was spot on in questioning why Abrams, whose name is as disgraced as his two fellow conspirators – Oliver North and John Poindexter – whose criminal convictions were overturned on appeal, is working for the Trump administration on Venezuela. The answer is that the neocons, who can sense, like raptors, Trump’s political weakness, have filled the vacuum left by top-level vacancies in the administration.

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Putin: If mid-range missiles deployed in Europe, Russia will station arms to strike decision centers

Putin: If US deploys mid-range missiles in Europe, Russia will be forced to respond.

RT

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Via RT…


If the US deploys intermediate-range missiles in Europe, Moscow will respond by stationing weapons aimed not only against missiles themselves, but also at command and control centers, from which a launch order would come.

The warning came from President Vladimir Putin, who announced Russia’s planned actions after the US withdraws from the INF Treaty – a Cold War-era agreement between Washington and Moscow which banned both sides form having ground-based cruise and ballistic missiles and developing relevant technology.

The US is set to unilaterally withdraw from the treaty in six months, which opens the possibility of once again deploying these missiles in Europe. Russia would see that as a major threat and respond with its own deployments, Putin said.

Intermediate-range missiles were banned and removed from Europe because they would leave a very short window of opportunity for the other side to decide whether to fire in retaliation after detecting a launch – mere minutes. This poses the threat of an accidental nuclear exchange triggered by a false launch warning, with the officer in charge having no time to double check.

“Russia will be forced to create and deploy weapon systems, which can be used not only against the territories from which this direct threat would be projected, but also against those territories where decision centers are located, from which an order to use those weapons against us may come.” The Russian president, who was delivering a keynote address to the Russian parliament on Wednesday, did not elaborate on whether any counter-deployment would only target US command-and-control sites in Europe or would also include targets on American soil.

He did say the Russian weapon system in terms of flight times and other specifications would “correspond” to those targeting Russia.

“We know how to do it and we will implement those plans without a delay once the relevant threats against us materialize,”he said.

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Labour MP split is a cheap and final ploy to derail BREXIT (Video)

The Duran – News in Review – Episode 179.

Alex Christoforou

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The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss a small group of UK Labour MPs decision to quit the party and sit as Independent MPs in the house of commons.

Their excuse for leaving Labour was directed at leader Jeremy Corbyn for presiding over an “institutionally anti-Semitic” party. The real reason they are leaving Labour is because they are staunch remain MPs and are hoping to derail Brexit.

The seven Labour MPs quitting the party to become ‘The Independent Group’, are Chuka Umunna, Luciana Berger, Chris Leslie, Angela Smith, Mike Gapes, Gavin Shuker and Ann Coffey.

RT reports that Luciana Berger, the MP for Liverpool Wavertree took to the stage first, to claim that she could not stay in the party any more because it had become “institutionally anti-Semitic.”

Chuka Umunna, MP for Streatham, a prominent ‘People’s Vote’ advocate appealed to all MPs, not just Labour, to join their group, as the current parties are part of the problem, not the solution.

He argued that “It is time we dumped this country’s old fashioned politics.” Umunna claimed the UK needed a political party “fit for the hear and now” and the “first step in leaving the tribal politics behind.”

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Via RT

Twitter has been rocked by the sudden departure of seven Labour MPs to form their own Independent Group, with party supporters feverishly debating whether the move is better for the party, or a wake-up call to Jeremy Corbyn.

Former shadow cabinet minister Chuka Umunna along with MPs Luciana Berger, Gavin Shuker, Angela Smith, Chris Leslie, Mike Gapes and Ann Coffey have all jumped ship in the biggest Labour Party split since 1981, when the so-called “gang of four” left to form the Social Democratic Party (SDP).

In a press conference, Umunna stated that the established parties “cannot be the change because they have become the problem” arguing that it is “time we dumped this country’s old-fashioned politics.”

Jewish MP Luciana Berger said she was “embarrassed and ashamed” at what the Labour Party had become and criticized her former party for becoming “sickeningly institutionally racist.”

“I am leaving behind a culture of bullying, bigotry and intimidation. I look forward to a future serving with colleagues who respect each other,” she added.

Reaction to the news online has been a mixture of shock and dismay, to outright derision. Some Labour supporters were quick to delight in the departures, suggesting the party will be stronger without detractors undermining it from within.

Others though said it was time for Jeremy Corbyn to take the criticism seriously.

Meanwhile, some Twitter users commented on Young Labour’s somewhat barbed response to the situation.

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