BUSH FAMILY'S PROJECT HAMMER
PART 1 of 2
February 20, 2010
Hammering the USSR’s Economy
In 1989 President George H. W. Bush began the multi-billion dollar Project Hammer program using an investment strategy to bring about the economic destruction of the Soviet Union including the theft of the Soviet treasury, the destabilization of the ruble, funding a KGB coup against Gorbachev in August 1991 and the seizure of major energy and munitions industries in the Soviet Union. Those resources would subsequently be turned over to international bankers and corporations. On November 1, 2001, the second operative in the Bush regime, President George W. Bush, issued Executive Order 13233 on the basis of “national security” and concealed the records of past presidents, especially his father’s spurious activities during 1990 and 1991. Consequently, those records are no longer accessible to the public. The Russian coup plot was discussed in June 1991 when Yeltsin visited with Bush in conjunction with his visit to the United States. On that same visit, Yeltsin met discreetly with Gerald Corrigan, the chairman of the New York Federal Reserve.
Because of numerous Presidential Executive Orders, the ethically questionable Project Hammer was deemed legal. Of course, even Hitler’s acts were “lawful,” as he had manipulated the laws to accommodate his actions. Many of Reagan’s executive orders were actually authored by Vice President Bush or his legal associates, and it is possible that Project Hammer was created by Reagan’s CIA Director, William Casey, who had directed OSS operations through Alan Dulles in Europe during World War II. Prior to his OSS affiliation, Casey worked for the Board of Economic Warfare which allegedly targeted “Hitler’s economic jugular.” Allen Dulles, brother of John Foster Dulles, was the Director of the CIA from 1953 to 1961. He was a senior partner at the Wall Street firm of Sullivan and Cromwell, which represented the Rockefeller Empire and other mammoth trusts, corporations and cartels.
Project Hammer was staffed with CIA operatives and others associated with the National Security apparatus. Covert channels were already in place as a result of other illegal Bush activities. Thus, it was a given (1) that the project would use secret, illegal funds for unapproved covert operations, and (2) that the American public and Congress would not be informed about the illegal actions perpetrated in foreign countries. The first objective was allegedly to crush Communism, a growing political philosophy and social movement that was initially funded by the usual group of international bankers who now supported their demise. To this end, the “Vulcans,” under George H. W. Bush, waged war against the Soviet Union.
The Return of the Vulcans
In their reincarnation in the administration of George W. Bush, the Vulcans functioned as a supposedly benign group, led by Council of Foreign Relations (CFR) member Condoleezza Rice, who attempted to augment and compensate for the Bush's lack of experience and education concerning foreign policy during his presidential campaign. Rice had been President George H. W. Bush’s Soviet and East European Affairs Advisor in the National Security Council during the Soviet Union’s dissolution and during the German reunification (July 1, 1990). The resurrected Vulcan group included Richard Armitage, Robert Blackwill, Stephen Hadley, Richard Perle, Rabbi Dov S. Zakheim, Robert Zoellick and Paul Wolfowitz. Other key campaign figures included Dick Cheney, George P. Shultz and Colin Powell, all influential but not actually a part of the Vulcan Group. All of these people, associated with the George H. W. Bush administration, returned to powerful, strategic positions in George W. Bush’s administration.
Richard Perle and Paul Wolfowitz have been accused of being agents for the Israeli government. Investigations by Congress and the FBI have substantiated those allegations. Zakheim and his family were heavily involved in Yeshivat Sha’alvim, an educational organization in which students are taught to render absolute commitment to the State of Israel.
Many of these individuals were also members of the Project for a New American Century (PNAC) which was established in the spring of 1997 with the intention of promoting American Global leadership at any cost. The chairman and co-founder was William Kristol, son of Irving Kristol (CFR), considered the godfather of neo-conservatism which promotes the ideas of Max Shachtman and Leo Strauss, a noted Zionist and professor of political science at the University of Chicago. Kristol’s co-founder was Robert W. Kagan (CFR). Kristol is also the editor and co-founder, along with John Podhoretz, of the Weekly Standard Magazine, established September 17, 1995 and owned by Rupert Murdoch until August 2009. This “conservative” magazine is edited by William Kristol and Fred Barnes and promotes Middle East warfare and a huge military budget, a mentality that infects the most popular “conservative” talk show radio hosts. Kristol is a trustee for the Manhattan Institute which was founded by CIA Director William Casey and was staffed with former CIA officers.
The Vulcans had almost limitless financing from a cache known by several names – the Black Eagle Trust, the Marcos gold, Yamashita’s Gold, the Golden Lily Treasure, or the Durham Trust. Japan, under Emperor Hirohito, appointed a brother, Prince Chichibu, to head Golden Lily, established in November 1937 before Japan’s infamous Rape of Nanking, to accompany and follow the military. The Golden Lily operation carried out massive plunder throughout Asia and included an army of jewelers, financial experts and smelters. While the Nazis also engaged in plundering the countries they invaded, they were not as organized and methodical as the Japanese. After the Allied blockade, Golden Lily headquarters were moved from Singapore to Manila where 175 storage sites were built by slave laborers and POWs. Billions of dollars worth of gold and other plundered treasures were stockpiled in these underground caverns, some of which were discovered by the notorious Cold Warrior, Edward G. Lansdale who directed the recovery of some of the vaults. Truman and subsequent presidents, without congressional knowledge, have used those resources to finance the CIA’s chaotic clandestine activities throughout the world. Much of the Middle East chaos is financed by those pillaged funds. A tiny portion of that treasure was the source of Ferdinand Marcos’ vast wealth. Marcos worked with the CIA for decades using Golden Lily funds to bribe nations to support the Vietnam War. In return, Marcos was allowed to sell over $1 trillion in gold through Australian brokers.
In July 1944, the leaders of forty-four nations met at Bretton Woods, New Hampshire to plan the post-war economy and to discuss organizing a global political action fund which would use the Black Eagle Trust ostensibly to fight communism, bribe political leaders, enhance the treasuries of U.S. allies, and manipulate elections in foreign countries and other unconstitutional covert operations. Certainly, those politicos who managed the funds also received financial benefits. This trust was headed by Secretary of War Henry Stimson, assisted by John J. McCloy (later head of the World Bank) and Robert Lovett (later Secretary of Defense) and consultant Robert B. Anderson (later Secretary of the Treasury). Anderson later operated the Commercial Exchange Bank of Anguilla in the British West Indies and was convicted of running illegal offshore banking operations and tax evasion. Investors lost about $4.4 million. Consequently, he was sent to prison for a token amount of time, one month. He was also under house arrest for five years. He could have received a ten-year sentence but Judge Palmieri considered Anderson’s “distinguished service” to the country in the “top levels of Government.”
Between 1945 and 1947 huge quantities of gold and platinum were deposited in prominent banks throughout the world. These deposits came to be known as the Black Eagle Trust. Swiss banks, because of their neutrality, were pivotal in maintaining these funds. These funds were allocated to fighting communism and paying bribes and fixing elections in places like Italy, Greece, and Japan. Stimson and McCloy, both retired from government service, continued their involvement in the management of the Black Eagle Trust. Robert B. Anderson, who toured the treasure sites with Douglas MacArthur, set up the Black Eagle Trust and later became a member of Eisenhower’s cabinet. In order to maintain secrecy about the Trust, Washington officials insisted that the Japanese did not plunder the countries they invaded. Japanese officials who wanted to divulge the facts were imprisoned or murdered in a way that made it look like suicide, a common CIA tactic. The Germans paid reparations to thousands of victims while the Japanese paid next to nothing. Military leaders who opposed foreign policies that embraced exploitation of third world countries were suicided or died from mysterious causes, which includes individuals such as George S. Patton, Smedley D. Butler and James V. Forrestal.
The Vulcan’s effort to crush Communism and end the Cold War was largely funded by that Japanese plunder. The Vulcans were resurrected when George W. Bush was installed as president in 2000, facilitated by election maneuvers, probably lots of payoffs, and Jeb Bush’s purge of Florida voters. They conducted other illegal operations, like securities fraud and money laundering. This entailed murder and false imprisonment to prevent penitent participants from divulging the activities of the group. During the process of accomplishing the main objective of destroying the Soviet Union, the operatives made massive profits. In September 1991, George H. W. Bush and Alan Greenspan, both Pilgrims Society members, financed $240 billion in illegal bonds to economically decimate the Soviet Union and bring Soviet oil and gas resources under the control of Western investors, backed by the Black Eagle Trust and supported later by Putin who for the right price purged certain oligarchs. The $240 billion in illegal bonds were apparently replaced with Treasury notes backed by U.S. taxpayers. To conceal the clearance of $240 billion in securities, the Federal Reserve, within two months, increased the money supply to pre-9/11 numbers which resulted in the American taxpayer refinancing the $240 billion.
The Takeover of Russia’s Oil Industry
BP Amoco became the largest foreign direct investor in Russia in 1997 when it paid a half-billion dollars to buy a 10 percent stake in the Russian oil conglomerate Sidanko. Then in 1999, Tyumen Oil bought Sidanko’s prize unit, Chernogorneft which allegedly made BP Amoco’s investment worthless. Tyumen offered to cooperate with BP Amoco on the development of Chernogorneft but BP Amoco was not interested. In October 1998, Halliburton Energy Services had entered into an agreement with Moscow-based Tyumen Oil Company (TNK). Their efforts were focused on the four western Siberia fields, the first one being the Samotlorskoye field. TNK has proven oil reserves of 4.3 billion barrels and possibly as many as 6.1 billion barrels, with crude oil production and refining capabilities of 420,000 barrels/day and 230,000 barrels/day, respectively. TNK markets gasoline through 400 retail outlets. In 2002 Halliburton and Sibneft, Russia’s fifth largest crude oil producer, signed an agreement. Sibneft will use Halliburton’s new technologies to improve well construction and processing while Halliburton directs all project management.
Tyumenskaya Neftyanaya Kompaniya (Tyumen Oil Company) was established in 1995 by government decree. It is now TNK-BP, the leading Russian oil company and ranks among the top ten privately owned oil companies worldwide in terms of crude oil production. The company, formed in 2003, resulted from the merger of BP’s Russian oil and gas assets and the oil and gas assets of Alfa, Access/Renova group (AAR). BP and AAR each own fifty percent of TNK-BP. The shareholders of TNK-BP own almost fifty percent of Slavneft, a vertically integrated Russian oil company. This transaction was the biggest in Russian corporate history and was managed by Vladimir Lechtman, the Moscow partner for Jones Day, a global law firm with thirty offices and 2,200 lawyers worldwide. TNK-BP, Russia’s second-largest oil company employs almost 100,000 people and operates in Samotlor.
Putin was financially rewarded by the collaborators and was happy to purge some annoying industrialists who stood in the way. Mikhail Khodorkovsky was the manager of Yukos, the company that he built into Russia’s second-largest oil company after acquiring it for $168 million when his Bank MENATEP, the first privately owned but notoriously corrupt bank since 1917 and wiped out in August 1998, purchased it through a controversial government privatization auction in 1995. MENATEP was named as a defendant in the Avisma lawsuit which was filed on August 19, 1999. The bank may have facilitated the large-scale theft of Soviet Treasury funds before and following the USSR’s collapse in 1991. His company had borrowed hundreds of millions of dollars from western banks. He was arrested on October 25, 2003 and sentenced in June 2005 to eight years on fraud and tax evasion charges. He was allegedly targeted as a political enemy by President Vladimir Putin who went after other big business owners who apparently made money by acquiring states assets. Yukos was sold piecemeal to pay off $28 billion in back tax charges. Yukos was seized and given to Rosneft.
When Khodorkovsky was arrested, his secretive business arrangement with the Rothschild family was exposed as Jacob Rothschild assumed Khodorkovsky’s 26% control of Yukos while Khodorkovsky’s directorial seat on the Yukos board went to Edgar Ortiz, a former Halliburton vice president during Dick Cheney’s reign as CEO at Halliburton. Cheney, as President and CEO of Halliburton, automatically had an association with the State Oil Company of Azerbaijan Republic (SOCAR)  In November 1997, Dick Chaney, in anticipation of imminent events, had appointed Edgar Ortiz as president of Halliburton Energy Services, their global division.
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The Yukos Oil Company merged with the smaller Sibneft Oil Company on October 3, 2003 which created Russia’s largest oil and gas business and the world’s forth-largest private oil company. On May 11, 2007 Halliburton announced they had made an agreement with the Tyumen State Oil and Gas University to open a new employee-training center in Russia to grow their business in that country and in the surrounding region. They are currently training students from five countries, Kazakhstan, the Netherlands, Norway, Russia and the United Kingdom. Halliburton was awarded a $33 million contract by TNK-BP to provide oil field services to develop the Ust-Vakh field in Western Siberia. For part two click below.
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Collateral Damage: U.S. Covert Operations and the Terrorist Attacks
on September 11, 2001 by E.P. Heidner, pp. 4-5
2, Ibid, p. 20
3, Ibid, pp. 4-5
5, September 11 Commission Report by E. P. Heidner, 2008, p. 108
6, Gold Warriors, America’s Secret Recovery of Yamashita’s Gold by Sterling and Peggy Seagrave, Verso Publishing, 2003, pp. 32-43
7, Ibid, pp. 318
8, Ibid, pp. 14-15
9, Ex-Treasury Chief Gets 1-Month Term in Bank Fraud Case by Frank J. Prial, New York Times, June 28, 1987
10, Gold Warriors, America’s Secret Recovery of Yamashita’s Gold by Sterling and Peggy Seagrave, Verso Publishing, 2003, p. 5
11, Ibid, p. 98
12, Ibid, p. 102
13, Collateral Damage: U.S. Covert Operations and the Terrorist Attacks on September 11, 2001 by E.P. Heidner, pp. 4-6
14, Ibid, p. 29
15, Tyumen Oil of Russia Seeks Links to Old Foes After Winning Fight By Neela Banerjee, New York Times, December 2, 1999
16, Halliburton Energy Services Enters Into Alliance Agreement With Tyumen Oil Company, Press Release, October 15, 1998
18, Halliburton Press Release, Halliburton And Russian Oil Company Sibneft Sign Framework Agreement, February 7, 2002
19, TNK-BP, Our company
20, Russia’s largest field is far from depleted By Jerome R. Corsi, Word Net Daily, November 04, 2005
21, Collateral Damage: U.S. Covert Operations and the Terrorist Attacks on September 11, 2001 by E.P. Heidner, p. 28
22, Mikhail B. Khodorkovsky, Source Watch
23, Russia’s Ruling Robbers by Mark Ames, Consortium News, March 11, 1999
24, "Sovest" Group Campaign for Granting Political Prisoner Status to Mikhail Khodorkovsky, February 7, 2008
25, Halliburton Man to Sub for Khodorkovsky, Simon Ostrovsky, Moscow Times, April 30, 2004 as noted in the September 11 Commission Report, p. 233; See also Arrested Oil Tycoon Passed Shares to Banker, Washington Times, November 2, 2003
26, Halliburton Press Release, Ortiz Named President Of Halliburton Energy Services, November 19, 1997
27, Russia: Yukos-Sibneft union forms world's No. 4 oil producer, Global Finance, Jun 2003
28, Halliburton Opens Russia Training Center, International Business Times, May 11, 2007
29, Halliburton gets Russia work, Oil Daily, January 26, 2006
30, Collateral Damage: U.S. Covert Operations and the Terrorist Attacks on September 11, 2001 by E.P. Heidner, p. 2
31, Ibid, p. 29
32, Ibid, pp. 2
33, Ibid, p. 28-29
34, “Sioux City, Iowa, July 25, 2005 TomFlocco.com , According to leaked documents from an intelligence file obtained through a military source in the Office of Naval Intelligence (ONI), on or about September 12, 1991 non-performing and unauthorized gold-backed debt instruments were used to purchase ten-year "Brady" bonds. The bonds in turn were illegally employed as collateral to borrow $240 billion--120 in Japanese Yen and 120 in Deutsch Marks--exchanged for U.S. currency under false pretenses; or counterfeit and unlawful conversion of collateral against which an unlimited amount of money could be created in derivatives and debt instruments…”
from Cash payoffs, bonds and murder linked to White House 9/11 finance, Tom Flocco, tomflocco.com
35, Collateral Damage: U.S. Covert Operations and the Terrorist Attacks on September 11, 2001 by E.P. Heidner, p. 45
36, Ibid, p. 2
37, Rumsfeld’s comments were on the Department of Defense web site but have been understandably removed.
38, The War On Waste Defense Department Cannot Account For 25% Of Funds — $2.3 Trillion.
39, September 11 Commission Report by E. P. Heidner, 2008, p. 108
40, Following Zakheim and Pentagon Trillions to Israel and 9-11 By Jerry Mazza, July 31, 2006.
41, Collateral Damage: U.S. Covert Operations and the Terrorist Attacks on September 11, 2001 by E.P. Heidner, p. 6
42, Crossing the Rubicon, the Decline of the American Empire at the End of the Age of Oil by Michael C. Ruppert, New Society Publishers, Canada, 2004, p. 56
43, Collateral Damage: U.S. Covert Operations and the Terrorist Attacks on September 11, 2001 by E.P. Heidner, p. 28
44, Crossing the Rubicon, the Decline of the American Empire at the End of the Age of Oil by Michael C. Ruppert, New Society Publishers, Canada, 2004, pp. 243-247
45, USA staged 9/11 Attacks, German best-seller by Kate Connolly, National Post & London Telegraph, November 20, 2003
46, Crossing the Rubicon, the Decline of the American Empire at the End of the Age of Oil by Michael C. Ruppert, New Society Publishers, Canada, 2004, pp. 243-247
47, Ibid, pp. 243-247
48, Ibid, pp. 243-247
49, Ibid, pp. 243-247
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