THE INTERNATIONAL FORECASTER editor Bob Chapman writes: Bush family-owned The Carlyle Group has been forced to double the size of its loan to its Dutch-based investment vehicle ... they provided $200 million in just one week.

They also bought an unspecified amount of debt securities (probably CDOs and ABSs) from the fund and released it from a $75 million funding.

They said they had sold $900 million of securities, including four sets of structured credit products, CDOs. It represented less than 5% of their assets. Losses on the sales will be $40 million equal to their first half profit.

As you know, we reported on a Carlyle memo from February in April, which said this was coming. These are the insider Illuminists and they bagged themselves by being too greedy. This shows you the depth of the rout that has only just begun.

For months, military supply chiefs in Iraq have been screaming for replacement parts, weapons, ammo and vehicles with little being received. We are told it went to South America.

Someone is building and equipping a private Army in South America and we get to pay for it. Congress knows nothing about this.

• It looks like preparation for an invasion of Venezuela, if we had to take a guess.

There are close to 100 criminal investigations going on involving the purchase and delivery of billions of dollars of weapons, supplies and other material to Iraqi and US Forces in Iraq.

This is the largest ring of fraud and kickbacks uncovered yet.

$40 billion in supplies have gone missing. Our top military brass is a disgrace.