Michael Reagan and me on the USS Ronald Reagan (CVN-76)

Thursday, March 27, 2008

Hillary's criminal actions and lies

Over last 40 years Hillary has been implicated in many different criminal actions. A recent example is the illegal handling of 1.6 million dollars that was donated by Peter F Paul in Hillary’s 2000 Senatorial Campaign.

Cattle Futures & Conflicts of Interest
In 1979, Hillary Clinton’s trades in cattle futures contracts generated criticism regarding conflict of interest and allegations of disguised bribery. Her initial $1,000 investment generated $100,000 when she stopped trading ten months later. Furthermore, in his book Devil Take The Hindmost : A History Of Financial Speculation, Edward Chancellor noted that Clinton made her money by betting “on the short side at a time when cattle prices doubled.” Marshall Magazine, a publication of the Marshall School of Business, found that “Two-thirds of her trades showed a profit by the end of the day she made them and 80 percent were ultimately profitable.” According to the Washington Post, “[w]hile Clinton’s account was wildly successful to an outsider, it was small compared to what others were making in the cattle futures market in the 1978-79 period.” However, the Post’s comparison was of absolute profits, not necessarily percentage rate of return.

Chicago Mercantile Exchange records indicated that $40,000 of her profits came from larger trades initiated by Clinton’s lawyer and friend, James Blair, an experienced futures trader and outside counsel to Tyson Foods. According to exchange records, Robert L. “Red” Bone, the commodities broker that facilitated the trades on behalf of Ray E. Friedman and Co. (Refco), reportedly because Blair was a good client, allowed Clinton to maintain her positions even though she did not have enough money in her account to cover her activity. For example, she was allowed to order 10 cattle futures contracts, normally a $12,000 investment, in her first commodity trade in 1978 although she had only $1,000 in her account at the time. Refco was fined for violating Chicago Mercantile Exchange rules governing margin trading. Leo Melamed, a former chairman of the Mercantile Exchange who reviewed the records for the White House, said in an interview that Clinton violated no rules in the course of her transactions.

The Whitewater controversy was a series of events and actions that had its origins in 1978. While in Arkansas, the Clintons were partners with Jim and Susan McDougal in a real estate venture known as the Whitewater Development Corporation. According to reports, the Clintons lost their financial investment in the Whitewater business projects. At the time the McDougals operated a savings and loan that retained Hillary Clinton’s legal services at Rose Law Firm. When the McDougals’ savings and loan failed in 1994, federal investigators subpoenaed Clinton’s legal billing records for auditing purposes. Hillary Clinton claimed to be unable to produce these records. After an extensive, two-year search, the records were found in the first lady’s book room in the White House and delivered to investigators in 1996. The delayed appearance of the billing records sparked intense interest and another investigation about how they surfaced and where they had been; Clinton attributed the problem to disorganization that resulted from her move from the Arkansas Governor’s Mansion to the White House. After the discovery of the ‘lost’ records, on January 26, 1996, Clinton made history by becoming the first First Lady to testify before a grand jury.

The Whitewater investigation was initiated by Independent Counsel Robert Fiske appointed by Attorney General Janet Reno. The case was later taken over by Independent Counsel Kenneth Starr, and concluded by Independent Counsel Robert Ray. Several other allegations were also investigated under the Whitewater umbrella. The investigations, which took place during Bill Clinton’s presidency and cost an estimated $40 million, resulted in the McDougals being jailed and Webster Hubbell pleading guilty to felony charges of lying to federal investigators about Clinton’s role in both Whitewater and the savings and loan failure. No criminal charges were brought against the Clintons themselves, as Robert Ray’s final report on September 20, 2000 stated that there was ‘insufficient evidence’ that either of them had engaged in criminal wrongdoing.

Travel office firings
On May 19, 1993, several long-time employees of the White House Travel Office were fired for alleged incompetence or illegal activities. Accusations were made that Hillary Clintonwas involved in the firings and that they were unjustified and were done in order to give the business to friends of the Clintons; she denied any role in the firings. Supporters claimed that the employees in question were officially political appointees (although they had served under Presidents of both parties) who served “at the President’s pleasure” and could be fired or reassigned at any time. The affair became known as “Travelgate”. On June 23, 2000, Whitewater Independent Counsel Robert Ray stated in a final report that while there was substantial evidence that she was involved in the firings, it could not be proved that she had deliberately lied about the matter, and so no charges would be brought.

Vince Foster
On July 20, 1993, White House Deputy Counsel Vince Foster died by suicide. The general Whitewaterinvestigation included an examination of Foster’s death and the circumstances around it. Whitewater Independent Counsel Kenneth Starr‘s investigation, as well as investigations by the Department of Justice, the FBI, and the U.S. Park Police, all concluded that Foster’s death was indeed a suicide.

In 1996 Hillary Clinton was accused by the Senate Special Whitewater Committee of ordering the removal of potentially damaging files (related to Whitewater or other matters) from Foster’s office on the night of his death.

Other critics of the Clintons have made more lurid allegations: that Foster’s death was not a suicide, that it was connected to Whitewater, and that Hillary Clinton was somehow involved by covering up activities together with Foster before his death or in that her relationship with Foster was an intimate one. Other conspiracy theories claimed that she had killed Foster herself or had him killed.

Origin of the name Hillary
During an April 1995 visit to Tibet, Hillary Clinton met New Zealand’s Sir Edmund Hillary, co-first-climber of Mount Everest. Clinton remarked that her mother, Dorothy Emma Howell Rodham, had told her that she was named after the famous climber. “It had two L’s, which is how she thought she was supposed to spell Hillary,” Clinton said at the Tibet meeting. “So when I was born, she called me Hillary, and she always told me it’s because of Sir Edmund Hillary.”

However, the Everest climb did not take place until 1953, more than five years after Clinton was born. Clinton opponents have used the discrepancy as evidence towards the charge that she is prone to fabrications. (LOOK OUT! SNIPERS!) Clinton said that her mother read about beekeeper-turned-mountaineer Edmund Hillary in a publication while pregnant in 1947 and liked the name and thus used the two L’s form. Some searches of prominent U.S. publications show no publicity given to Edmund Hillary before the Everest climb, so it is unlikely that Dorothy Rodham (who has not publicly spoken about the issue) would have heard of him. Furthermore, Hillary with two L’s was not that unusual a spelling at the time. Snopes.com concluded that Hillary Clinton probably made up the naming story as “a little white lie concocted for a special occasion.”

Finally, in October 2006, a spokeswoman for Senator Clinton’s re-election campaign explained that she was not in fact named after the mountain climber, stating rather that “It was a sweet family story her mother shared to inspire greatness in her daughter, to great results I might add.”

In June 1996, White House security head Craig Livingstone improperly asked for and received several hundred FBI background files, including ones on White House personnel from former Republican administrations. It was claimed that Hillary Clinton had requested these files and that she had recommended hiring the supposedly unqualified Livingstone; she denied these charges. The affair became known as ”Filegate”.

And on and on and on ...

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Well, that just about sums it up!