Jay Rogers
Director:
Jay Rogers

Recent Posts

The Forerunner

Whitewater Explained - Part 2

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 [1994] 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!

Textile Help

Frank Schaeffer Will You Please Shut Up! (Book)

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.)

Click here for more information


The Abortion Matrix: Defeating Child Sacrifice and the Culture of Death (DVD)

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.)

Click here for more information


In The Days of These Kings (Book)

Perfect-bound Paperback — 740 pages

The Book of Daniel in Preterist Perspective

“And in the days of these kings shall the God of heaven set up a kingdom, which shall never be destroyed: and the kingdom shall not be left to other people, but it shall break in pieces and consume all these kingdoms, and it shall stand for ever” (Daniel 2:44).

The overarching message of Daniel is that Jesus the Messiah is even now ruling over the nations. He is the King of kings. Daniel tells us that Messiah’s kingdom will advance in the whole world from “generation to generation” (Daniel 4:4,34). Christ’s dominion is “given to the people of the saints of the most High” (Daniel 7:22). Our purpose then is to see “all people, nations, and languages … serve and obey him” (Daniel 7:14,27).

This comprehensive work offers a fascinating look at the book of Daniel in preterist perspective. Great attention is paid to the writings of ancient and modern historians and scholars to connect the dots and demonstrate the continuity of Daniel’s prophecy with all of Scripture.

$19.95 — ORDER NOW!

(We accept all major credit cards and PayPal.)

Click here for more information


A Revival Account: Asbury 1970 (DVD)

What is true Revival and Spiritual Awakening?

Discover the answer in this eyewitness account by Dennis Kinlaw, President of Asbury College, Wilmore, Kentucky, who recounts the story of a visitation of the Holy Spirit in 1970. This is the presentation that has continued to spark the flames of Revival in the hearts of people around the world. Contains eyewitness footage from the Revival at Asbury College in 1970 in Wilmore, Kentucky.

Certain to challenge you to greater holiness and a deeper commitment to full-scale revival. Original news and private footage has been included. If you are a student who longs to see a spiritual awakening at your school, you must see this video!

“This simple video does a wonderful job of conveying something of God’s heart and power, Everyone we have ever shown this to has received an immediate impartation of faith for revival and the power of prayer.”
— Bob and Rose Weiner, Weiner Ministries Int’l

Running Time: 40 minutes

$19.95 — ORDER NOW!

(We accept all major credit cards and PayPal.)

Click here for more information


Go Stand Speak (DVD)

With “preaching to the lost” being such a basic foundation of Christianity, why do many in the church seem to be apathetic on this issue of preaching in highways and byways of towns and cities?

Is it biblical to stand in the public places of the world and proclaim the gospel, regardless if people want to hear it or not?

Does the Bible really call church pastors, leaders and evangelists to proclaim the gospel in the public square as part of obedience to the Great Commission, or is public preaching something that is outdated and not applicable for our day and age?

These any many other questions are answered in this documentary.

$19.95 — ORDER NOW!

(We accept all major credit cards and PayPal.)

Click here for more information

Share |

View CCNow Cart/Checkout
View CCNow Cart/Checkout

RSS
Subscribe to
The Forerunner

Have The Forerunner Weblog sent straight to your inbox!

Enter your email address:

YouTube
The Forerunner Channel on YouTube


Promote Your Page Too

Featured Product
If you like the articles on this website, you may also be interested in:

Featured Articles

Live Seminar!

Real Jesus
The Abortion Matrix DVD: Update

The Abortion Matrix:
Defeating Child Sacrifice and the Culture of Death

is a 195-minute presentation that traces the biblical roots of child sacrifice and then delves into the social, political and cultural fall-out that this sin against God has produced. You can order this series on DVD, read the complete script and view clips on-line...
continued ...


View My Stats