Monday, May 13, 2002

Crusader Shell Game

Dear BuzzFlash,

Mr. Rumsfeld has no intention whatsoever of firing
General White over this phony Crusader flap. Mr.
White did exactly what he was supposed to do and
trained to do - he shilled for corporate America.
The Carlyle Group, the corporate entity where old
Republican war mongers (including George Bush
Sr.) go to die, bought United Defense Industries.
This purchase would and could only be valuable if
the Army bought the Crusader system, price tag
11 billion and counting. General White then hyped
the Crusader and its likelihood of being
commissioned. This caused United Defense
Industries stock to jump. The Carlyle Group then
sold a huge block of the stock and netted over 200
million dollars. After that, Carlyle, nor White, nor
Rumsfeld could care one way or another about
whether the Crusader was built or not. Their
buddies had already made their dough and some
other suckers were left holding the bag. A move
straight out of the Enron playbook.

John Moody
Studio City, CA



Click the link for basic documentation of the scenario.