Last week a small public division of the CarlylGroup went bust when it could not meet it's bankers demand for repayment for loans backed by Fannie Mae and RFreddie Securities( a margin call). Soon afterward, by complete coincidence, the Federal Reserve announced that it would makecredit aviailable in the amount of 100Billlion dolllars to bank who present as colatteral mortgage backed securities ( in other words , the Fed will print up out of cellulose and thin air a whole bunch of cash and put it into circulation in exchange for a bunch of bad mortgaage paper.)
Fascism meens the unity of business and goverment.
Meet the Carlyle Group ( from JSMindset.com_
Meet JUST A FEW of the Carlyle Group:
Notable current and former employees and affiliated persons:
Business
G. Allen Andreas - Chairman of the Archer Daniels Midland Company
Daniel Akerson - company director
Joaquin Avila - investment banker
Laurent Beaudoin - CEO of Bombardier (1979-)
Paul Desmarais - Chairman of the Power Corporation of Canada
Arthur Levitt - former Chairman of the U.S. Securities and Exchange Commission
Karl Otto Pöhl - former President of the Bundesbank
Politics and public service
James Baker III, former United States Secretary of State under George H. W. Bush, Staff member under Ronald Reagan and George W. Bush, Carlyle Senior Counselor, served in this capacity from 1993 to 2005.
George H. W. Bush, former U.S. President, Senior Advisor to the Carlyle Asia Advisory Board from April 1998 to October 2003.
George W. Bush, current U.S. President. Was appointed in 1990 to the Board of Directors of one of Carlyle's first acquisitions, an airline food business called Caterair, which Carlyle eventually sold at a loss. Bush left the board in 1992 to run for Governor of Texas.
Frank C. Carlucci, former United States Secretary of Defense from 1987 to 1989; Also, former Princeton wrestling partner of former US Secretary of Defense, Donald Rumsfeld. Carlyle Chairman and Chairman Emeritus from 1989 to 2005.
Richard Darman, former Director of the U.S. Office of Management and Budget under George H. W. Bush, Senior Advisor and Managing Director of The Carlyle Group from 1993 to the present
Allan Gotlieb, Canadian ambassador to the United States (1981-89) and member of Carlyle's Canadian advisory board.
Liu Hong-Ru, former chairman of China's Securities Regulatory Commission
William Kennard, Chairman of the U.S. Federal Communications Commission (FCC) under President Bill Clinton, Carlyle's Managing Director in the Telecommunications & Media Group from 2001 to the present.
Arthur Levitt, Chairman of the U.S. Securities and Exchange Commission (SEC) under President Bill Clinton, Carlyle Senior Advisor from 2001 to the present
Peter Lougheed - Premier of Alberta (1971-85)
John Major, former British Prime Minister, Chairman, Carlyle Europe from 2002 until 2005
Frank McKenna, Canadian ambassador to the United States and former member of Carlyle's Canadian advisory board
Mack McLarty, White House Chief of Staff under President Bill Clinton, President of Kissinger McLarty Associates, Carlyle Senior Advisor from 2003 to the present
Anand Panyarachun, former Prime Minister of Thailand (twice), former member of the Carlyle Asia Advisory Board until the board was disbanded in 2004
Randal K. Quarles, former Under Secretary of the U.S. Treasury under President George W. Bush, now a Carlyle managing director
Fidel V. Ramos, former president of the Philippines, Carlyle Asia Advisor Board Member until the board was disbanded in 2004
Dan Senor - political consultant
Thaksin Shinawatra, deposed Prime Minister of Thailand, former member of board, who resigned on taking office in 2001
Luis Téllez Kuenzler, Mexican economist, current Secretary of Communications and Transportation under the Calderon administration and former Secretary of Energy under the Zedillo administration.....
This is the beating heart of the Fascist business model.