Mathaba News Network

Will BAE Scandal of Century Bring Down Cheney?
Posted: 2007/06/24
From: Mathaba

None of the British media have touched upon the full magnitude of the scandal



CHENEY ON THE HOT SEAT

Washington sources have reported to EIR that the Al-Yamamah revelations have sent shock-waves through the City of London. According to one senior U.S. intelligence source, who spoke to EIR on condition of anonymity, "the Al-Yamamah story opens a window into the inner world of Anglo-Dutch financial power. While Al-Yamamah is not the only such off-budget arrangement, it is one of the largest, and it provides a clear picture of a mode of operation--totally outside the control of any government agency, especially the U.S. government. Ultimately, this is a London scandal, not a Riyadh scandal."

One consequence of those shock waves is that Vice President Dick Cheney, according to knowledgeable Washington insiders, is in deep trouble with his London friends. Cheney, the sources report, was the guarantor that the story of the $80-100 billion dollar fund would never see the light of day. And, while the American and British establishment press have attempted to bury the scandal, either through blacking it our altogether, or focusing attention on tertiary features, like the relatively small flow of cash into Prince Bandar, the EIR revelations have saturated the U.S. Congress and have been picked up around the world.

The next chapter is now being written in the scandal of the century, and that could mean the political doom of Dick Cheney. Ironically, it could come at the hands of his own political boosters in the City of London, rather than from Congressional Democrats, who remain divided on the issue of Cheney's impeachment for high crimes and misdemeanors. Ultimately, the real powers behind the throne in London have very low tolerance for failure.

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