Thus they ensured that all future regimes would have to maintain Multi-Trillion Dollar deficits.
When George Bush came to power the top 1% controlled 56.4% of all the nation's private wealth. The day the Bush-Cheney Regime exited power, the top 1% controlled 71.4% of all the nation’s private wealth. This is a fraction which has never before been reached in any nation-state in history.
There was no more private wealth that could be consolidated. And therein lies the key to what they did.
So what is the only other source of wealth that can be consolidated? Public wealth.
And how is public wealth consolidated?
It is consolidated by ensuring that the ensuing regime would have to run Multi-Trillion Dollar deficits and enormously increase governmental spending, therefore opening fresh opportunities to commit fraud.
For the rest of this EXCLUSIVE COLUMN by Economic/Political Analyst Al Martin, click on Al Martin Raw and take a look...
* AL MARTIN is an independent economic-political analyst with 25 years of experience as a trader on NYMEX, CME, CBOT and CFTC. As a former contributor to the Presidential Council of Economic Advisors, Al Martin is considered to be a source of independent analysis for financially sophisticated and market savvy investors.
After working as a broker on Wall Street, Al Martin was involved in the so-called "Iran Contra" Affair as a fundraiser for the Bush Cabal from the covert side of government aka the US Shadow Government.
His memoir, "The Conspirators: Secrets of an Iran Contra Insider," (http://www.almartinraw.com) provides an unprecedented look at the frauds of the Bush Cabal during the Iran Contra era. His weekly column, "Behind the Scenes in the Beltway," is published on Al Martin Raw.com
Al Martin's website "Insider Intelligence" Insider Intelligence provides a long term macro-view of world markets and weekly tradng recommendations