Well, ho ho ho! It's an early Christmas for James Baker III.
All year the elves at his law firm, Baker Botts of Texas, have been working day and night to prevent the families of the victims of the September 11 attack from seeking information from Saudi Arabia on the Kingdom's funding of Al Qaeda fronts.
It's tough work, but this week the payoff came when President Bush appointed Baker, the firm's senior partner, to "restructure" the debts of the nation of Iraq.
Let's ponder what's going on here.
We are talking about something called 'sovereign debt.' And unless George Bush has finally 'fessed up and named himself Pasha of Iraq, he is not their sovereign. Mr. Bush has no authority to seize control of that nation's assets nor its debts.
...Why is our President so concerned with the wishes of Mr. Baker's clientele? What does Bush owe Baker? Let me count the ways....
The rest.
That Greg. He's a caution.
And who will net the big bucks under Jim Baker's plan? Answer: his client, Saudi Arabia, which claims $30.7 billion due from Iraq (plus $12 billion in "reparations" from the First Gulf war).
Hmmmmm....his client....Saudi Arabia....Grover Norquist....hmmmm....9/11 cover-up.....hmmmmm.....Bush ties to bin Ladens......hmmmmmm......
....but hey, do what you want....you will anyway.
Wednesday, December 10, 2003
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