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Octafish

(55,745 posts)
Tue Mar 5, 2013, 08:49 PM Mar 2013

BFEE Owns Corporate McPravda

Look at what Barrick Gold, one of Poppy Bush's favorite charities, did to The Guardian and Greg Palast.



Their crime? Telling the truth.



Poppy Strikes Gold

Sunday, April 27, 2008
Originally Posted July 9, 2003
By Greg Palast

EXCERPT...

And while the Bush family steadfastly believes that ex-felons should not have the right to vote for president, they have no objection to ex-cons putting presidents on their payroll. In 1996, despite pleas by U.S. church leaders, Poppy Bush gave several speeches (he charges $100,000 per talk) sponsored by organizations run by Rev. Sun Myung Moon, cult leader, tax cheat—and formerly the guest of the U.S. federal prison system. Some of the loot for the Republican effort in the 1997–2000 election cycles came from an outfit called Barrick Corporation.

The sum, while over $100,000, is comparatively small change for the GOP, yet it seemed quite a gesture for a corporation based in Canada. Technically, the funds came from those associated with the Canadian's U.S. unit, Barrick Gold Strike.

They could well afford it. [font color="green"]In the final days of the Bush (Senior) administration, the Interior Department made an extraordinary but little noticed change in procedures under the 1872 Mining Law, the gold rush–era act that permitted those whiskered small-time prospectors with their tin pans and mules to stake claims on their tiny plots. The department initiated an expedited procedure for mining companies that allowed Barrick to swiftly lay claim to the largest gold find in America. In the terminology of the law, Barrick could "perfect its patent" on the estimated $10 billion in ore—for which Barrick paid the U.S. Treasury a little under $10,000. Eureka![/font color]

Barrick, of course, had to put up cash for the initial property rights and the cost of digging out the booty (and the cost of donations, in smaller amounts, to support Nevada's Democratic senator, Harry Reid). Still, the shift in rules paid off big time: According to experts at the Mineral Policy Center of Washington, DC, Barrick saved—and the U.S. taxpayer lost—a cool billion or so. Upon taking office, Bill Clinton's new interior secretary, Bruce Babbitt, called Barrick's claim the "biggest gold heist since the days of Butch Cassidy." Nevertheless, because the company followed the fast-track process laid out for them under Bush, this corporate Goldfinger had Babbitt by the legal nuggets. Clinton had no choice but to give them the gold mine while the public got the shaft.

Barrick says it had no contact whatsoever with the president at the time of the rules change.(1) There was always a place in Barrick's heart for the older Bush—and a place on its payroll. In 1995, Barrick hired the former president as Honorary Senior Advisor to the Toronto company's International Advisory Board. Bush joined at the suggestion of former Canadian prime minister Brian Mulroney, who, like Bush, had been ignominiously booted from office. I was a bit surprised that the president had signed on. When Bush was voted out of the White House, he vowed never to lobby or join a corporate board. The chairman of Barrick openly boasts that granting the title "Senior Advisor" was a sly maneuver to help Bush tiptoe around this promise.

CONTINUED...

http://www.gregpalast.com/poppy-strikes-gold/



Wow. So his flock of supporters in the media and elsewhere wanted it known: George Herbert Walker Bush did do something nice when he was President. It just happened to be that it was for a rich, powerful corporation.

The story continues, in which Mr. Palast details how said gold mining company employed fascist tactics to take over the mine, part of which involved bulldozing the miners homes and mines, some with the miners still inside. Let that, uh, sink in. For his trouble in reporting the story, Barrick threatened to sue.



The Truth Buried Alive

—By Greg Palast, From The Best Democracy Money Can Buy (Penguin/Plume, 2003)

Source: UTNE Reader
April 2003 Issue

EXCERPT...

Bad news. In July 2001, in the middle of trying to get out the word of the theft of the election in Florida, [font color="red"]I was about to become the guinea pig, the test case, for an attempt by a multinational corporation to suppress free speech in the USA using British libel law. I have a U.S.-based Web site for Americans who can’t otherwise read my columns or view my BBC television reports. The gold-mining company held my English newspaper liable for aggravated damages for my publishing the story in the USA. If I did not pull the Bush-Barrick story off my U.S. Web site, my paper would face a ruinously costly fight.(1)[/font color]

Panicked, the Guardian legal department begged me to delete not just the English versions of the story but also my Spanish translation, printed in Bolivia. (Caramba!)

The Goldfingers didn’t stop there. [font color="green"]Barrick’s lawyers told our papers that I personally would be sued in the United Kingdom over Web publications of my story in America, because the Web could be accessed in Britain. The success of this legal strategy would effectively annul the U.S. Bill of Rights.[/font color] Speak freely in the USA, but if your words are carried on a U.S. Web site, you may be sued in Britain. The Declaration of Independence would be null and void, at least for libel law. Suddenly, instead of the Internet becoming a means of spreading press freedom, the means to break through censorship, it would become the electronic highway for delivering repression.

And repression was winning. InterPress Services (IPS) of Washington, DC, sent a reporter to Tanzania with Lissu. They received a note from Barrick that said if the wire service ran a story that repeated the allegations, the company would sue. IPS did not run the story.

I was worried about Lissu. On July 19, 2001, a group of Tanzanian police interest lawyers wrote the nation’s president asking for an investigation–instead, Lissu’s law partner in Dar es Salaam was arrested. The police were hunting for Lissu. They broke into his home and office and turned them upside down looking for the names of Lissu’s sources, his whereabouts and the evidence he gathered on the mine site clearance. This was more than a legal skirmish. Over the next months, demonstrations by vicims’ families were broken up by police thugs. A member of Parliament joining protesters was beaten and hospitalized. I had to raise cash quick to get Lissu out, and with him, his copies of police files with more evidence of the killings. I called Maude Barlow, the “Ralph Nader of Canada”, head of the Council of Canadians. Without hesitation, she teamed up with Friends of the Earth in Holland, raised funds and prepared a press conference–and in August tipped the story to the Globe & Mail, Canada’s national paper.

CONTINUED...

http://www.mapcruzin.com/palast-2.htm



So. Greg Palast did something very bad from the BFEE perspective: He told the truth, including the bits about the buried alive gold miners, as it happens. So, the Big Corporation sued and sued and sued. With their deep pockets, they can buy justice, judges, prime ministers, presidents and whoever and whatever else they need to turn a buck.

Gee. It's getting harder and harder for a man without a corporation to be heard these days. One day soon, no one will wonder why so few people remember democracy.
9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
BFEE Owns Corporate McPravda (Original Post) Octafish Mar 2013 OP
K&R for more eyes. nt Mnemosyne Mar 2013 #1
Barrick is a great corporate citizen. Octafish Mar 2013 #4
You know who else loves the Gold of Africa? Pat ROBERTSON. Octafish Mar 2013 #7
Pat and Charlie sitting in a tree! Bastards of a feather flock together, don't they? nt Mnemosyne Mar 2013 #8
K&R freshwest Mar 2013 #2
BFEE is people, too. Octafish Mar 2013 #5
That must be why he was awarded the Medal of Freedom! drokhole Mar 2013 #3
Statesmen v. The Ecstasy of Gold. Octafish Mar 2013 #6
I will join you... Mnemosyne Mar 2013 #9

Octafish

(55,745 posts)
4. Barrick is a great corporate citizen.
Wed Mar 6, 2013, 12:04 AM
Mar 2013
Barrick's Dirty Secrets: Communities Respond to Gold Mining's Impacts Worldwide

CorpWatch
May 1st, 2007

Canadian-owned Barrick Gold, the world's largest gold producer, is exploring, building and operating huge, open-pit gold mines on nearly every continent on the planet.

On average, gold mining today produces 70 tons of waste for every ounce of gold, while also consuming and polluting massive amounts of water. An estimated 50 percent of these mining operations occur on native lands.

For many Indigenous peoples, who often rely on their environment for food and necessities, mining threatens not only their livelihood, but also their spirituality and traditional way of life.

These new "modern mining" projects leave thousand-year legacies of acid mine drainage, destruction of ecosystems, disease, and regional climate change. Riches in the form of gold, silver and copper are exported to first world shareholders, leaving behind poverty, dependency and pollution.

A new CorpWatch report details the operations of Barrick gold in nine different countries, focusing on the efforts on the part of the communities to seek justice from this powerful multinational.

In the report, you will discover:

    individual profiles on Barrick's operations in Chile, Argentina, Peru, Tanzania, Papua New Guinea, the U.S., Australia, the Philippines, and Canada.

    how Barrick's Valedero and Pascua Lama projects got placed in a UNESCO World Biosphere Reserve;
    a roundup of mine security and police repression in Peru;

    how "illegal" miners have had their lives threatened and taken away in Tanzania and Papua New Guinea;

    how Barrick threatens indigenous spiritual grounds of the Wiradjuri in Australia and the  Western Shoshone in the U.S.

    how Barrick threatens the water sources in water scarce areas in Chile, Argentina, Australia, and Nevada. In New South Wales, Australia, Barrick's mine is licensed to use 17 million liters on water per day. Meanwhile, that region is experiencing their worst drought in the last hundred years.

    profiles of on-going community struggles against Barrick around the world


CONTINUED...

http://www.corpwatch.org/article.php?id=14466

Octafish

(55,745 posts)
7. You know who else loves the Gold of Africa? Pat ROBERTSON.
Wed Mar 6, 2013, 08:05 PM
Mar 2013
Know your BFEE: Pat Robertson Incoporated a Gold Mine with a Terrorist



Pat "Pass The Loot" Robertson is more than just your average TV preacher. After selling Rupert Murdoch his PTL Network for $1.9 billion, Rev. Pat made like the enterprising fellow in the parable of the king and an investment of 30 coins, this guy's put his collection basket to good use. Check out how in this old story that never made it to TBN Nutwork:

Pat Robertson and His Business Buddies

By Colbert I. King
Saturday, November 10, 2001; Page A27

Joseph Mathews is Pat Robertson's point man in a Liberian mining venture called Freedom Gold Limited. Mathews doesn't much care for what has appeared in this column about his boss's business dealings in Liberia, so he's trying to put a little distance between the televangelist and that West African nation's strongman, Charles Taylor.

SNIP...

This much is known, however, based primarily on information obtained from Freedom Gold Limited. Pat Robertson did learn about the gold mining investment opportunity from a visiting Liberian delegation. Robertson did subsequently create the for-profit Freedom Gold Limited in the Cayman Islands in December 1998 in which he was listed as the president and the company's sole director. He did conclude a mining agreement signed personally by him, Charles Taylor and key members of Taylor's cabinet on May 18, 1999. And the deal does give the Taylor regime a cut of the action.

Now why is a freedom-loving, God-fearing man such as Pat Robertson signing on the dotted line with Taylor, a U.S. prison escapee, Libyan terrorist training camp graduate, human rights violator, and pillager of his own country and his neighbor, Sierra Leone?

What's there to like about Charles Taylor?

He was once an ally of the equally repulsive Samuel Doe, the semi-literate master sergeant who led a bloody coup in April 1980 against Liberian President William Tolbert. The late Tolbert ended up dead and disemboweled in the executive mansion -- a fate shared 10 years later by election-rigger par excellence Doe who, while wearing the mantle of president, was tortured, mutilated and done in by rebels.

CONTINUED...

http://www.highbeam.com/doc/1P2-487069.html

ORIGINAL BUSHTED LINK:

http://www.washingtonpost.com/ac2/wp-dyn?pagename=article&node=&contentId=A5339-2001Nov9



Who knows what else he loves?

Octafish

(55,745 posts)
5. BFEE is people, too.
Wed Mar 6, 2013, 12:14 AM
Mar 2013

April15, 2010

SEC brings a harsh judgement against arms dealer Adnan Khashoggi

    Bad boy Adnan Khashoggi, the Saudi arms dealer who negotiated the arms sales to Iran in the Iran-Contra affair, has finally been brought to justice by the ever-vigilant SEC.
 
Let me give you some background:

    Having started his career as an honest businessman, brokering arms deals in the Middle East for Lockheed Martin, Raytheon, and Northrop-Grumman, and investing in diamond mining in the Central African Empire, Khashoggi became the world's richest man in the 1980s.  (It was his yacht below that was used in the James Bond film Never Say Never Again.)

    However, business wasn't always good.  His Triad Holding Company, for example, went bankrupt after he was indicted for using it to channel money for the Iran-Contra deal. 

Fortunately, he made his $4 million bail thanks to his friend, Peter Munk, chairman of Barrick Gold.  Barrick Gold, which was founded by Khashoggi in the first place, is also deep into illegal government activity.  He still held onto his Barrick Gold shares though -- despite them being held as collateral for the arms deal.

    Business was good for a while, having helped out his good friend Imelda Marcos hide her gold and assets -- legally according to the verdict.

    Having got off that one, Khashoggi started another business, called GenesisIntermedia, a telemarketing company.  This was during the .com boom. 

    The stock was the best performer in 2000 despite losses of more than $17 million on just $229,000 revenue.   

    However, it wasn't the best performing stock for no reason.  And this is where Khashoggi began breaking the law.  Didn't see that coming did you?
 
    A well known financial commentator, Courtney Smith, helped push this stock on CNBC, Bloomberg, and elsewhere, for a tiny $1.1 million fee. 

CONTINUED...

http://theostrichhead.typepad.com/index/2010/04/sec-brings-a-harsh-judgement-against-arms-dealer-adnan-khashoggi.html

Octafish

(55,745 posts)
6. Statesmen v. The Ecstasy of Gold.
Wed Mar 6, 2013, 12:36 AM
Mar 2013
Inside story: the Bush Gang and Barrick Gold Corporation

by Anton Chaitkin

EXCERPT...

In 1983, the Khashoggi-led group formed the gold company whose name was soon changed to Barrick Gold Corp. Sheik Kamal Adham was reportedly one of the new company's founding co-owners. Adham, the chief of Saudi intelligence, had coordinated royalist guerrillas in Yemen, with British arms secretly provided through Khashoggi.

Beginning in 1985, Khashoggi borrowed $21 million, using his Barrick stock as collateral, for the covert transfer of arms to Iran for the Bush-North group, during an official U.S. arms embargo against the Khomeini regime. Khashoggi made Donald Fraser, the Toronto-based businessman who allegedly provided the loan from his Cayman Islands company, president of Khashoggi's Triad American holding company Khashoggi used the Monte Carlo office of the Bank of Credit and Commerce International to launder money for Iran arms sales. Barrick Gold Corp. co-founder Kamal Adham was later prosecuted for fraud in the BCCI case, and paid a $100 million fine.

Khashoggi's Saudi royal piggybanks also underwrote George Bush's Central American "Contras'' adventures, making payments through the Swiss Bank Corp. and a Cayman Islands bank, totalling about $27 million.

When the Iran and Contra scandals blew up in 1986, U.S. Attorney General Edwin Meese linked the two scandals in a Nov. 25 public revelation. The next day, Munk announced a shareholders' meeting to decide on an urgent restructuring plan. A new organization emerged, keeping
the Khashoggi group in control, but easing Khashoggi out of the limelight and making Munk the sole public figurehead. Personnel were shifted into the Canada organization out of Khashoggi's Triad operations in Utah. Tariq Kadri, Khashoggi's longtime attorney, was made president of the Horsham holding company that was put over Barrick.

As the U.S. Congress took up the arms-for-drugs
investigation and other trails leading to Vice President Bush, Khashoggi became too hot for the Canadian partnership, and the Khashoggi group's shares were officially sold off. Khashoggi was himself arrested in 1989, in a fraud case involving the Philippines' Marcos regime. Taken from Switzerland and jailed in New York, Khashoggi was bailed out with a $4 million check from his partner, Peter Munk.

- Bush cashes his gold chips -

In 1986-87, at the height of the Iran-Contra
controversy, the Barrick Gold Corp. acquired the
Goldstrike property in Nevada for $63 million. The land, proving to hold $10 billion in gold, was the property of the U.S. government. Bush was elected President in 1988, and his administration put through a special dispensation--applied only to the Barrick Gold Corp.--to speed up the normal procedures for a mining company to
take official title (``patent'') to the land.

With the Bush Goldstrike intervention, Barrick Gold shot up from insignificance, to world power status, and Bush himself climbed onboard.

CONTINUED...

http://agoracom.com/ir/SanGold/forums/discussion/topics/480485-why-gold-stocks-are-struggling-despite-record-price/messages/1545159
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