From "For the Record"
1. Beginning with an interesting connection between the Bush administration, the powerful Hunt family of Texas and events in the Middle East, the program notes that Hunt Oil and its chief Ray Hunt have reached accommodation with the Iraqi Kurds to develop and market oil from Kurdish territory. In addition to the fact that this fractures the fragile agreement among the various ethnic factions in Iraq to share the oil wealth of that region, it raises interesting questions about the Bush/Hunt relationship. Ray Hunt—head of Hunt Oil and heir to H.L. Hunt—sits on Bush’s foreign intelligence advisory board and was therefore privy to the most intimate intelligence planning and documents. Mr. Emory notes in this context that the al Qaeda’s account at Bank Al Taqwa was managed by Ali bin Musalim, who conspired with the Hunt family to corner the world’s silver market in the 1980’s. (For more about the al Qaeda account at Al Taqwa, the bin Musalim/Hunt connection and the Underground Reich connections of the Hunt family, see FTR#’s 461, 513, 556.) "An article in tomorrow’s Times reports that the long-negotiated compromise which seemed to be leading towards an Iraqi oil law — a key ‘progress’ benchmark — has apparently collapsed. All gone down the drain. The story though connects up with another one we told you about just a couple days ago — the decision of the Kurdistan regional government to sign an oil exploration deal with Dallas-based Hunt Oil, run by Mr. Ray L. Hunt. The Shia and Sunni leaders believe the Kurds are opting for a sort of oil secession that puts them outside the whole concept of a law to share the country’s oil resources. And the Hunt deal is apparently the straw that broke the camel’s back, shall we say. But remember, Hunt, in addition to being the son of legendary Texas John Birch Society extremist H.L. Hunt, is also a pal of the president’s. Indeed, President Bush has twice appointed Hunt to his Foreign Intelligence Advisory Board. So while the president is striving to get the Iraqis to meet these benchmarks one of his own pals — and more importantly, political appointees — is busy helping to tear the whole thing apart."