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Reply #49: Correction to my OP: [View All]

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David Zephyr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-01-07 04:56 PM
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49. Correction to my OP:
I shouldn't write purely from memory as I'm getting too old to do so.

To correct my OP:

The 1964 race for the Senate pitted Houston Congressman George H. W. Bush against the Democratic incumbent, U.S. Senator Ralph Yarborough, not Lloyd Bentsen as I had written. The facts are still the same as it was Yarborough who went after Bush and his ties to Arabian Oil.

Here's an exerpt of the well-researched play by play of the 1964 Campaign from the book "The George "Bush: The Unauthorized Biography" by Webster G. Tarpley & Anton Chai. (I know that Tarpley has his detractors, but I challenge anyone to find any better researched book on the GWH Bush.) Kevin Phillips' "American Dynasty" and Kitty Kelley's "The Family: The Real Story of the Bush Dynasty" are also long and detailed, but lay out the Bush family's multi-generational fingerprints on American and world history.

In any event, Tarpley wrote years ago about Bush pimping Arabian crude here in the U.S. Below are some excerpts from the book published long before Dubya ever became president:

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Yarborough's counterattack on this issue is of great relevance to understanding why Bush was so fanatically committed to wage war in the Gulf to restore the degenerate, slaveholding Emir of Kuwait. Yarborough pointed out that Bush's company, Zapata Offshore, was drilling for oil in Kuwait, the Persian Gulf, Borneo, and Trinidad. "Every producing oil well drilled in foreign countries by American companies means more cheap foreign oil in American ports, fewer acres of Texas land under oil and gas lease, less income to Texas farmers and ranchers..," Yarborough stated. "this issue is clear-cut in this campaign - a Democratic senator who is fighting for the life of the free enterprise system as exemplified by the independent oil and gas producers in Texas, and a Republican candidate who is the contractual driller for the international oil cartel." In those days the oil cartel did not deal mildly with those who attacked it in public. One thinks again of the Italian oilman Enrico Mattei. For Bush, these cartel interests would always be sacrosanct. On April 1, Bush talked of the geopolitics of oil: "I was in London at the time of the Suez crisis and I quickly saw how the rest of the free world can become completely dependent on American oil. When the Canal was shut down, free nations all over the world immediately started crying for Texas oil."

Later in the campaign, Yarborough visited the town of Gladewater in East Texas. There, standing in view of the oil derricks, Yarborough talked about Bush's ownership of Pennzoil stock, and about Pennzoil's quota of 1,690 barrels per day of imported oil, charging that Bush was undermining the Texas producers by importing cheap foreign oil.

Then, according to a newspaper account, "the senator spiced his charge with a reference to the 'Sheik of Kuwait and his four wives and 100 concubines' who, he said, are living in luxury off the oil from Bush- drilled wells in the Persian Gulf and sold at cut-rate prices in the United States. He said that imported oil sells for $1.25 a barrel while Texas oil, selling at $3, pays school, city, county, and federal taxes and keeps payrolls going. Yarborough began his day of campaigning at a breakfast with supporters in Longview. Later, in Gladewater, he said he had seen a "Bush for Senator" bumper sticker on a car in Longview. 'Isn't that a come-down for an East Texan to be a strap-hanger for a carpetbagger from Connecticut who is drilling oil for the Sheik of Kuwait to help keep that harem going?'"

Yarborough challenged Bush repeatedly to release more details about his overseas drilling and producing interests. He spoke of Bush's "S.A. corporations drilling in the Persian Gulf in Asia." He charged that Bush had "gone to Latin America to incorporate two of his companies to drill in the Far East, instead of incorporating them in the United States." That in turn, thought Yarborough, "raises questions of tax avoidance." "Tell them, George," he jeered, "what your 'S.A.' companies, financed with American dollars, American capital, American resources, are doing about American income taxes." Bush protested that "every single tax dollar due by any company that I own an interest in has been paid." Link here: http://www.tarpley.net/bush9.htm
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