By Editorial Staff
Published May 2, 2008
- or –
The paperless office is pioneered by the Rose Law Firm
By Nicholas A. Guarino
Will Bill and Hillary be indicted for masterminding all the land deals that fall under the label Whitewater?
I expect they eventually will – not because of existing documents – but because of the testimony of subpoenaed people. The few remaining documents will play a supporting role, but frankly, friend, there aren’t many left. According to grand jury testimony: On February 3, 1994, right after Fiske became special counsel for Whitewater, the nice folks at the Rose Law Firm fired up their high-speed Ollie-o-Matic paper shredder and ordered courier Jeremy Hedges to slice ‘n dice his way into the history books by destroying twelve (12) cartons full of Whitewater documents. As far as anyone knows, Rose now has no more Whitewater records than you do.
Actually, a lot of the usual documents were never created in the first place. For instance, there was no written partnership agreement (don’t try this at home). No transactions were written up, even though Clinton’s real estate agent says there were $300,000 in sales. No deeds were ever recorded. And if any interest was paid on bank loans, the payment checks are missing.
Plus, after Whitewater, Bill got very smart and kept his name completely out of every subsequent deal he cut. But the Whitewater monies, probably several million, ricocheted from shell company to shell company like the basketball in a Harlem Globetrotters warmup drill, and every dollar wound up in the proper pocket. Beneficiaries included many of the biggest names in Arkansas – like Gov. Tucker, Seth Ward, and some very powerful executives from outfits like Wal-Mart and Tyson’s Chicken – Clinton campaign backers all. (Campaign records for 1982 and 1984, the two most suspicious years, have also been studiously shredded.)
And Bill, who entered public office with nothing but debts, and who never made over $35,000 a year as governor, is now worth about four to five million. A real rags-to-riches, American success story, isn’t it? Kind of puts a lump in your throat. But there’s one other reason for Bill’s success. In a word, Hillary.
Why the Feds Settled for $1 Million … on $60 Million in Debts
ITEM: When Madison Guaranty folded, it was somewhere between $47 and $68 million in the hole. The tab has settled at $65 million.
ITEM: One of the biggest defaults was $600,000 in loans to one of Madison’s own directors, Seth Ward, who is the father-in-law of Webb Hubbell. Webb happened to be Hillary’s law partner and until April  was the No. 3 man at the Justice Department – and assigned to investigate Whitewater!
ITEM: When the RTC cleanup crew took over Madison, Hillary had been on retainer to Madison [Guaranty S&L] for many months.
Then the RTC lawsuit sought $60 million from Madison Guaranty’s debtors. Here’s what happened:
1. Hillary negotiated the RTC down from $60 million to $1 million. What a talker!
2. Hillary then got the RTC to forgive the $600,000 debt Seth Ward owed the RTC – every penny of it – thus leaving the RTC with $400,000 [out of the $60 million owed.]
3. But wait! Hillary did these two deeds as the counsel for the RTC, not Madison. Incredible as it sounds to those of us who have to live in the real world, Hillary got herself hired by the RTC, and in that position, from the Government side, she talked them down to $1 million.
4. Her fee for the RTC job was (pure coincidence) $400,000. Which left the government with $400,000 minus $400,000 … or in technical accounting terms, zippo.
5. And who do you suppose was the mastermind who conned the RTC into hiring Madison Guaranty’s own Hillary to prosecute Madison Guaranty? None other than the late Vince Foster! When he made his pitch to the RTC, he neglected to tell them about Hillary’s retainer with Madison Guaranty. In fact, he even wrote them a letter stating that the Rose Law Firm didn’t represent thrifts!
Vince and Hillary were, by the way, very, uh, close. Not only were they partners at Rose, but there’s no shortage of people who saw them hugging and smooching in public. Arkansas troopers say that when Bill took a trip on state business, Vince was often at the mansion gates within minutes – and would stay till the wee hours. They also spent a few weekends together at the Rose vacation cabin in the mountains. And when Hillary filed for divorce from Bill in 1986, Vince was right there at her side. (She withdrew the suit later on.)
178 Years in Club Fed
Nobody ever accused Bill Clinton of being stupid. As proof, look at the Congressional hearings. What a hoot! Bill had them stacked so that fully 99% of all Whitewater crimes were off limits!
This left our dignified Congressmen sternly chasing the remaining 1% of petty misdemeanors with hardly a mention of fourteen years of felonies: shell games, killings, break-ins, coverups, threats, bribes, thefts, check kiting, payoffs, arson, money laundering, fraud, influence of testimony, tampering with witnesses, you name it … And Bill managed to focus 100% of the attention on [Roger] Altman, [Bernard] Nussbaum, [Lloyd] Cutler and others, with none of it on himself. You have to admit, that’s pretty smart maneuvering.
The American Spectator added up two pages of Bill’s alleged crimes, and the total potential penalties came to $2.5 million in fines and 178 years in prison. And they just listed the piddly stuff, like tax fraud and soliciting bribes; they didn’t even mention the heavier incidents I listed above! (They did include a short roster of Hillary’s much lighter penalties, totaling only $1.2 million and 47 years.)
Is such punishment excessive? I think not. Even if you ignore the mayhem, the Clinton economic damage has been severe. Counting Clinton’s Arkansas Development Finance Authority, which never awarded a bond grant without a major campaign contribution and Bill’s signature, he sucked over a billion dollars from state and federal taxpayers. Please forgive me for sounding dramatic, but this is a dark day for the republic.
EDITOR’S NOTE: Nicholas A. Guarino’s firm once held $10 million in Madison Guaranty S&L.
Forerunner - Home » Pass The Word » Pass The Word - May/June 1996
Your comments are welcome!
High Quality Paperback — 200 pages
A Reasonable Response to Christian Postmodernism
Includes a response to the book Christian Jihad by Colonel V. Doner
The title of this book is a misnomer. In reality, I am not trying to get anyone to shut up, but rather to provoke a discussion. This book is a warning about the philosophy of “Christian postmodernism” and the threat that it poses not only to Christian orthodoxy, but to the peace and prosperity our culture as well. The purpose is to equip the reader with some basic principles that can be used to refute their arguments.
Part 1 is a response to some of the recent writings by Frank Schaeffer, the son of the late Francis Schaeffer. This was originally written as a defense against Frank’s attacks on pro-life street activism – a movement that his father helped bring into being through his books, A Christian Manifesto, How Should We Then Live? and Whatever Happened to the Human Race? These works have impacted literally hundreds of thousands of Christian activists.
Part 2 is a response to Colonel Doner and his book, Christian Jihad: Neo-Fundamentalists and the Polarization of America. Doner was one of the key architects of the Christian Right that emerged in the 1980s, who now represents the disillusionment and defection many Christian activists experienced in the 1990s and 2000s. There is still great hope for America to be reformed according to biblical principles. As a new generation is emerging, it is important to recognize the mistakes that Christian activists have made in the past even while holding to a vision for the future.
$14.95 — ORDER NOW!(We accept all major credit cards and PayPal.)
Exposes the Dangers of Abortion to Women!
These shocking eyewitness accounts expose the dangers of abortion not only to unborn children, but to the health and lives women as well. An antidote to the smokescreens of the liberal media, these short clips show what really happens in and around abortion clinics.
Although the content is emotionally gut-wrenching, these videos have been used in church seminars and small groups to educate Christians on the abortion issue and to lead people toward a pro-life position. Contains 2 hours and 40 minutes of materials that can be shown separately.
Watch these pro-life videos on-line.
“These videos helped change my mind from pro-choice to pro-life. Your videos are what did it for me. I will be walking in next year’s March For Life in San Francisco.” — A. Jackson, California
“I was going to have an abortion until I saw your video. Praise Jesus!”
— M. Drew, YouTube Commenter
$4.95 — ORDER NOW!(We accept all major credit cards and PayPal.)
High Quality Paperback — 40 pages of dynamite!
Revival, Resistance, Reformation, Revolution
An Introduction to the Doctrines of Interposition and Nullification
In 1776, a short time after the Declaration of Independence was adopted, Thomas Jefferson, John Adams and Benjamin Franklin were assigned to design an official seal for the United States of America. Their proposed motto was Rebellion to Tyrants is Obedience to God. America owes its existence to centuries of Christian political philosophy. Our nation provided a model for liberty copied by nations the world over.
By the 21st century, we need a “Puritan Storm” to sweep away the Hegelian notion that the state is “God walking on earth.” We need revival and reformation in full force to vanquish the problems that plague us as a nation — from government controlled healthcare — to abortion on demand — to same sex “marriage.” This booklet gives a primer on our founders’ Christian idea of government and examines how the doctrine of nullification was woven into the Constitution as a safeguard against federal tyranny. It concludes with the history and theology of civil resistance. A Second American Revolution is coming with the Word of God growing mightily and prevailing! (Acts 19:20).
$7.95 — ORDER NOW!(We accept all major credit cards and PayPal.)
Download the free Study Guide!
Is there a connection between pagan religion and the abortion industry?
This powerful presentation traces the biblical roots of child sacrifice and then delves into the social, political and cultural fall-out that this sin against God and crime against humanity has produced in our beleaguered society.
Conceived as a sequel and update to the 1988 classic, The Massacre of Innocence, the new title, The Abortion Matrix, is entirely fitting. It not only references abortion’s specific target – the sacred matrix where human beings are formed in the womb in the very image of God, but it also implies the existence of a conspiracy, a matrix of seemingly disparate forces that are driving this holocaust.
The occult activity surrounding the abortion industry is exposed with numerous examples. But are these just aberrations, bizarre yet anomalous examples of abortionists who just happen to have ties to modern day witchcraft? Or is this representative of something deeper, more sinister and even endemic to the entire abortion movement?
As the allusion to the film of over a decade ago suggests, the viewer may learn that things are not always as they appear to be. The Abortion Matrix reveals the reality of child-killing and strikes the proper moral chord to move hearts to fulfill the biblical responsibility to rescue those unjustly sentenced to death and to speak for those who cannot speak for themselves (Proverbs 24:11,12; 31:8,9).
Speakers include: George Grant, Peter Hammond, RC Sproul Jr., Paul Jehle, Lou Engle, Rusty Thomas, Flip Benham, Janet Porter and many more.
Ten parts, over three hours of instruction!
Running Time: 195 minutes
$19.95 — ORDER NOW!(We accept all major credit cards and PayPal.)
Who is the dreaded beast of Revelation?
Now at last, a plausible candidate for this personification of evil incarnate has been identified (or re-identified). Ken Gentry’s insightful analysis of scripture and history is likely to revolutionize your understanding of the book of Revelation — and even more importantly — amplify and energize your entire Christian worldview!
Historical footage and other graphics are used to illustrate the lecture Dr. Gentry presented at the 1999 Ligonier Conference in Orlando, Florida. It is followed by a one-hour question and answer session addressing the key concerns and objections typically raised in response to his position. This presentation also features an introduction that touches on not only the confusion and controversy surrounding this issue — but just why it may well be one of the most significant issues facing the Church today.
Ideal for group meetings, personal Bible study — for anyone who wants to understand the historical context of John’s famous letter “… to the seven churches which are in Asia.” (Revelation 1:4)
Running Time: 145 minutes
$17.95 — ORDER NOW!(We accept all major credit cards and PayPal.)