Friday, August 10

ARKANSAS CONNECTIONS

[Since the Democrats seem determined to nominate Hillary Clinton, we thought we would offer a little historical context from our time line of Arkansas and the Clintons, with particular emphasis on those things the mainstream media forgot to tell you]
 
1988
 
Conservative Democrats begin a series of nearly 100 meetings held at the home of Pam Harriman to plot strategy for the takeover of the Democratic Party. Donors cough up $1,000 to attend and Harriman eventually raises $12 million for her kind of Democrat. The right-wing Dems will eventually settle on Bill Clinton as their presidential choice.
 
Charles Black, a prosecutor for Polk County, which includes Mena, meets with Governor Clinton and asks for assistance in a probe of illegal activities. "His response," Mr. Black will tell CBS News later, "was that he would get a man on it and get back to me. I never heard back."
 
Following pressure from then-Arkansas Rep. Bill Alexander, the General Accounting Office opens a Mena probe in April 1988; within four months, the inquiry is shut down by the National Security Council, according to a later report by Micah Morrison of the Wall Street Journal. Several congressional subcommittee inquiries sputter and stop.
 
The Senate Committee on Foreign Relations issues a report that describes the seriousness of the Barry Seal disaster. That report says, "Law enforcement officials were furious that their undercover operation was revealed and agents' lives jeopardized because one individual in the U.S. government - Lt. Col. Oliver North - decided to play politics with the issue . . . Associates of Seal, who operated aircraft service businesses at the Mena, Arkansas airport, were also targets of grand jury probes into narcotics trafficking. Despite the availability of evidence sufficient for an indictment on money laundering charges and over the strong protests of state and federal law enforcement officials, the cases were dropped."
 
1989
 
Madison S&L is closed by federal regulators at an eventual cost to taxpayers of $47 million. Jim McDougal is indicted for bank fraud
 
Manhattan District Attorney Robert Morgenthau begins a wide-ranging probe of BCCI. .
 
FDIC hires Webster Hubbell of the Rose firm to press its case concerning Madison. Rose law firm, now representing FDIC, sues an accounting firm for $60 million, blaming its audits for causing millions of dollars in losses to the S&L. Although the job earns Rose $400,000 in fees and expenses the accounting firm will eventually settle by paying the government just $1 million.
 
What will later be known as the Vast Right Wing Conspiracy begins on the left as a group of progressive students at the University of Arkansas form the Arkansas Committee to look into Mena, drugs, money laundering and Arkansas politics.
 
Dan Lee Short, a bank president, is abducted from his home in Benton Co., Arkansas and allegedly forced to open the State Bank in Noel, MO where $71,000 is allegedly taken. He was then murdered. Three days before his abduction, he had told friends that he had been laundering drug money and was in trouble.

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