LOOTED TRILLIONS DIRT DEALING AND THE CLINTON BUSH MOBSTERS

The streets are filled with vipers who’ve lost all ray of hope
You know it ain’t even safe no more in the palace of the Pope
– Bob Dylan

Author’s Note ……  Land  Swindles and  Land  Thefts have been ONGOING in a  Continuing Racketeering Scheme in  NEW  England and the EMPIRE  STATE  over  400 Years  ……  TRUST ME ……  ONGOING  for  Over  4  Centuries

Inspired by the  True Life Story of the  ADIRONDACKS   BLUE LINE

andrew_cuomo_adirondacks

Fascism, Socialism, Communism and  the  NEW YORK  Blue Lines

GREEN  is  the  New  RED

THE ROBBER BARRONS  EXPOSED

In Honor of  Clifford B. Witham II  and  My Mother  Anita F. Witham

mother-and-dadMother and Dad  ……..  You’re  missed  every day

THE  WORLDWIDE LOOTING  EXPOSED

fiat

GLOBAL  WORLDWIDE FINANCIAL  SWINDLES AND LAND SCAMMING   AMAZING STUFF   JUDGE  LYNN HUGHES , LEE ROSENTHAL,   What a  Giant  SCAM  ……  Huh  Anonymous and Occupy

The MIND  NUMBING Looting of  the  American Banking System and that of the  World …… The FACT IS  DOJ and  FBI especially in Houston Texas have been  COVERING UP  for  DECADES

The Land Scams and Dirt Roads are a NATIONWIDE even WORLDWIDE Racket

The  Great American Bank Job

THE  ROBBER  BARRONS and  Their  Slimy  Lawyers  Exposed  YET  AGAIN  ……   Sorry   Fellas ,  Sorry  Girls   Ya’ll  STINK

My  efforts to expose and resolve these issues began  just before I was part of exposing the  SAVINGS AND LOAN /  BANKING  DEBACLES   and  Campaign Finance Scandals in the 1980s ……  The  SCAMS  have grown into a  Global  Multi-Trillion Dollar  CRIME  SPREE

RedFlags

Way  Way   Way   BEYOND   LPS,   SPS,   TBW  and  DOCX

Subprime  Exposed

It was  NOT  Just Dean Couch, Charlie Keating, Silverado, Madison and  LEE  FARCAS with  Superior Bank,  AIG and  what  BOA and WaMu

abanklie

AMAZING  Nelda and Jim  1300 Main Street  Houston

The  Texas  State  Attorney  General’s  Office

PAY  CLOSE  ATTENTION

RLG / WesternBank  / Westgate Investments Zurich

11_pesky_loans_cartoon1

There are many  many  BILLIONS of  Witnesses  Judge  Sadler,   Sheriff  Tommy  Gage ……   Nelda  Luce  Radabaugh Blair,  Conroe City Attorney …….  JEFF  SESSIONS  and  PRESIDENT  TRUMP

There are  VAST  Numbers  of  Witnesses

A  VERY  SPECIAL  MESSAGE  TO  DONALD  J.  TRUMP

There are  BILLIONS of  Witnesses

goofy

The  LPS, DocX, Taylor Bean and Whitacker Just Like The  Madison S&L  Clinton DIRT DEALING  MAFIA in  Arkansas

Imagine That Judge Barb  Sadler and Sheriff  Tommy Gage  BANKSTERS and LAND  SWINDLERS

MERS and FATCO  Shuffle ……  Ask  CNN’s  Nelda Luce Radabaugh Blair and the PUBLICANS  ( Publicans.Com )

1300  Main Street  Houston Texas  http://www.publicans.com/services/tx_tax_sales.htm

I’ll bet Lucy Proctor and Tim Wesselman and Bull Sallas and Weldon Locke,  Diane and Frank Bass and Steve McKeithen  Jimmie Dosier Pete Spears and  Judge Kathleen Hamilton, Ed Chance The Houston Chronicle and what Marvin Zindler and  DAVE  WARD  all  remember the  Good Old  Days  HUH   Nelda Luce Radabaugh BlairJUDGE  Lynn  Hughes, Judge Lee  Rosenthal and Judge Norman Black Certainly Do  TALK ABOUT AN OCTOPUS   even  Federal Magistrate  Lingo Platter Knew   …….

Channel 13  EYE WITNESS NEWS

Peter Brewton, Bob Sablatura and Bill Pack and Cathy Gordon ALL  Remember  like  LUCY  PROCTOR and  the  US  Senate Select Committee on Intelligence  and  CIA  Director  WILLIAM  WEBSTER

THE  AGES  OLD  RACKETEERING OF LAND SWINDLES  AND   FINANCIAL INSTITUTION  LOOTINGS  …..   CNN  Damned Sure Knows  like  ABC, NBC, FOX, CBS and  Yeah  Even  National Public Radio and PBS  …….   FBI  and  DOJ  as  well

Beware of the “SUBPRIME” Gangster Bankster “TOXIC ZOMBIE …

Sep 28, 2016 · As early as 1814, Thomas Jefferson warned, “We are to be ruined by paper, as we were formerly by the old Continental paper.” Two years later, he asserted …

Oh  My  God  THEY  KILLED  HIM    Nelda  Luce  Radabaugh  Blair  ,   MARCUS  WINBERRY  ……..    Oh  My  God     THEY  Killed  Him Sheriff  Gage …….   They  BLEW  HIM  UP  …….   Quick  Call  Professor  William  Black  and  Peter  Brewton  and  Lucy  Proctor  and  Bill Pack and  the  HOUSTON  CHRONICLE  and  CONROE  COURIER

bush

 

Professor  William Black,  Matt  Tabbi,   Neil Bromfski,  Timmy  Geithner,  David  Dayen,  Richard Bowen  …….   Elliot  Spitzer,    Loretta  Lynch,  Eric Holder,  Jimmy  Comey   ED  MEESE,   William French Smith ……  Janet Reno,   Alberto Golzales ……..    HILDA  BEAST   and  Blow  Job  BILLY  ……..   Ya’ll  are  FULL  OF  SHIT

Just  Like  Barry  Obama and  Joe  Biden

dirty

They TRIED to Silence Me  Ted Turner ,  NELDA LUCE RADABAUGH BLAIR  …….   Judge  Barb  Sadler,  Joe  Corley, David Walker, Mark Thurnbull, JR Moore, JC  Deavors  JIMMY COMEY,  Jeff  Sesions …..  DONALD  TRUMP

THEY  FAILLED  IN  TRILLIONS OF  WAYS

WELCOME  TO  DIRT  DEALING  101

adirt

ASK  THE  ROSE  LAW FIRM  and  the  BUSH  MAFIA

JoAnna  Herrin King  and  Congress Charlie  Wilson

Oh and  Those  IRAN  CONTRA   CIA / NSC   Fellas  from the

The  PUBLICANS   are  Operating from 1300 Main Street Houston

The RLG …. Westgate Investments …. Western Bank Building

FUNNY  STUFF   Huh  Nelda  Luce and  Sheriff  Tommy Gage

Cute  right  GUY  WILLIAMS  and  Judge  Barb  Sadler

BASEMENT of  the  WHITE  HOUSE

that was Charlie Wilson and North and Secord and JoAnna King

Entangled for decades in web of Bolles‘ murder – usatoday.com

http://www.usatoday.com/story/ejmontini/2015/06/02/donbolles-richard…

Jun 02, 2015 · It’s an unwritten but unbroken rule: We commemorate our best and worst days every five years. The fifth anniversary. The tenth. The fifteenth. And so on …

zombie toxic subdivisions …. Land Swindles America …

Sep 05, 2015 · BEWARE THE RANCHERO RACKETEERS … Why is the Arizona Republic bringing up the Don Bolles issue when they would like the issues ignored

The Great Texas Bank Job

bankers-dont-go-to-jail

Write It Down   EVERYBODY  …….   SAVINGS  &  LOAN  DEBACLE

GOOGLE  AND  YOUTUBE  EVEN  VIMEO  HAVE  CENSORED MY WRITINGS AND  VIDEOS …….    YUP  CENSORED IN  AMERICA IMAGINE  THAT  HUH  GOOGLE  AND  YOUTUBE

The Western Bank / American Title – sites.google.com

sites.google.com/site/thewesternbankamericantitle/home

Beware the Ranchero Racketeer,” by Paul … (Ranchero) Racketeers … This IS Why Don Bolles was MURDERED.

Mispression of felonies, Cover Up The Great Texas Bank JobYour browser indicates if you’ve visited this link

Mispression of Felonies, Cover Up The Great Texas Bank Job … Title Work is to Bank Fraud as DNA is to … Title Insurance Western Bank and Texas Subdivision …

From: judson witham <jurisnot <at> yahoo.com>
Subject: DOJ – FBI A MASSIVE DISGRACE – EVIDENCE – PATRIOT SUMMIT CALL – FOLLOWING THE Elections and MONEY BACKWARDS
Newsgroups: gmane.culture.discuss.cia-drugs
Date: Tuesday 10th July 2007 16:59:13 UTC (over 9 years ago)

paulson-bush

IT GOES WAY WAY WAY Deeper than the Attorney Firings !!!!!! The FINANCIAL RAPE of AMERICA Stop the Coup d'etat http://www.whitehouse.gov/fellows/news/spring2002_02.html   Colonias Domestic Study Policy Trip DIRT ROAD SUBDIVISIONS - "Red Flag Subdivisions" illegal UNPLATTED, UNRECORDED Land Fraud JUST LIKE Montgomery County, sorry JUST THE FACTS SPRING 2002 VOLUME 26 The White House Fellows kicked off their first full day in Texas with an escorted tour of three colonias. They were accompanied by HUD and Fannie Mae representatives who outlined the complex factors fueling colonia growth and the challenges faced by colonia residents as a result of having limited access to critical infrastructure and potable water. After the tour, Fellows participated in a meeting hosted by the El Paso Colonia Coalition, a group of local non-profit organizations that work with state agencies to improve sub-standard living standards in colonias. This is the Whitewater - Castle Grande - DIRT ROAD SUBDIVISION CONS - J Witham Montgomery County TEXAS in US District Court before SENIOR JUDGE DeAnda listed 635 of these ILLEGAL SUBDIVISION FLIPS. IF anyone can prove me wrong FEEL FREE !!!!! Jud Witham <jurisnot2@yahoo.com> wrote OPERATION Anti- Financial Coup d'etat Patriot SUMMIT being called. There are many TRUTHFUL accounts of massive financial swindles and diversions of MASSIVE amounts of money bantering about the net. The Ameri-Quest CONS for instance turned out to be much larger than first expected by a very close contact. The Enron, MCI, Dynergy, Fannie Mae, Freedie Mac, and the S&Ls and Banks well all those CERTAINLY occurred. Ollie North and Secord N COMPANY seemed to be able to move HUGE SUMS and even buy WEAPONS SYSTEMS, BCCI, and the Ollie North Herman Bebee, S&L money is REAL and the FINANCIAL COUP D 'ETAT mechanics well folks IT'S REAL. The bottom line is MUCH of these looted funds and BLACK OPS slush funds are WORMING their way back into certain folks campaign war chests. 

Mispression of felonies, Cover Up The Great Texas Bank JobYour browser indicates if you’ve visited this link

Mispression of Felonies, Cover Up The Great Texas Bank Job … Title Work is to Bank Fraud as DNA is to … Title Insurance Western Bank and Texas Subdivision …
The MAFIAS the Election MAFIAS if you will are ARROGANT and LETHAL, they have NO INTEGRITY and as such as without any doubt a THREAT to Liberty. It is long over due, a SUMMIT must be called and it MUST NOT be hijacked by the DISINFORMERS and those who HATE FREEDOM. ANYONE who feels ol Judson is a FAKE or running a CON, well, take the time to read the HOUSTON CHRONICLE articles posted below and KNOW THIS, Judson has FBI and US Secret Service and FEDERAL COURT records to BACK UP EVERYTHING he claims !! Oh yeah UPI, AP, ABC, FOX, CBS, PBS, NYT, WASH POST, MIAMIA HERALD, papers from Phoenix to Seattle, and Congress and the Senate ALL KNOW that Ol Judson is NO FRAUD or FAKE. The Stone Bridge Ranch collapse and KAT WOOLFORD, RTC, FDIC and the DOJ, yup Alberto Gonzales and YUP 43 know FRIGGIN WELL, Judson Witham is NO Con Man !!!!!!! US Secert Service Agent Rick Williams and FORMER US ATTORNEY Henry Onken from HUMBLE TEXAS, Senator Kay Hutchinson, Kevin Brady, Joe Barton, John Cornyn they all KNOW, the Great Texas Bank CONS, and the LAND DEVELOPMENT FLIPS all are REAL. Judson Is NO Fake Oh yeah, the S&L and Banking Debacle actually happened and well VOTE CAGING and Funny Elections are are VERY WELL KNOWN FACTS. The TAKE OVER of our Constitutional Democratic Republic by ULTRA RICH and ULTRA CORRUPT gangsta types well IT IS REAL FOLKS and well AMERICA NEEDS ALL HER PATRIOTS and NOW like Never Before. I am CALLING A SUMMIT, fakers NEED NOT APPLY DISINFORMERS BEWARE, LIBERTY AND FREEDOM ARE MUCH BIGGER TAHN YOU, DO NOT UNDERESTIMATE OUR RESOLVE Judson Witham Son Of Swamp Fox Dr. Phillips is A Kattskill Bay, Lake George NY, Bark Eater Mountains LAST OF THE MOHICANS, REAL McCoy. A Life Long Friend OHIO 2004 : ANOTHER STOLEN ELECTION THE CASE FOR HAND COUNTED PAPER BALLOTS. ADDRESS TO WE COUNT CONFERENCE ... HACKING THE VOTE IN MIAMI COUNTY. ANOMALOUS PRECINCTS IN DELAWARE CITY ... web.northnet.org/minstrel/alpage.htm - 4k - Cached Planning in the Wake of Florida Land Scams Florida's Growth Management Era. WHEN LAND SCAMS BECOME BOOM TOWNS ... State land planning and regulation: innovative roles in the 1980s and beyond. ... www.spikowski.com/landscam.htm - 74k - Cached And you thought the Clintons LAND / S&L Cons were Original Ah yes the Great Pension Fund CONS Public pension funds take a risky gamble - It's NOT just Ameri -Quest and the Title Insurance CONS - GOES WAY PAST The Penn Square and Continental Illinois and good fellas ROBERT L. VICKERS and the Clesson land Investment Company, oh yeah DON BOLLES MURDER The ARIZONA MAFIA AND LAND / BANK LOOTINGS a little history The Great Nest Egg Robberies - these goes hand in hand to Kenny Boy, Jackie Abramoff, the Clinton MAFIA and that Good Old GONZO 43 mess called LAND FRAUD all over TEXAS hey where are the Subsidies to the PO WHITE FOLK COLONIAS in Texas ????? White House Fellas tour THREE Mexican Colonias - SHIT FOLKS there's THOUSANDS of these things all over TEXAS, START IN CONROE !!!!! Jud Witham <jurisnot2@yahoo.com> wrote: Colonias MY ASS it's LAND FRAUD The White House - Fellas http://www.whitehouse.gov/fellows/news/spring2002_02.html GUVNAH BUSH is a LYING CROOKED ASSHOLE 43 He knows all about that CONROE MAFIA Breck Girl MY ASS, Kay Hutchinson is a Crooked ASS Player a CONROE, WOODLANDS HO. Just like Kevin Brady and Joe Barton and oh yeah Nelda Luce Radabaugh Blair. see www.publicans.com and The Blair House Welcome to "The Blair House" the home of Jim and Nelda Blair in The Woodlands. ... ©2006 Jim and Nelda Blair. Developed and Powered by OCS ... www.theblairhouse.net - 5k - Cached The COLONIAS CON meticulasly AVOIDS any linkage to the MASSIVE Land Frauds in Montgomery County and all the others associated with the LAND FLIPS and the bank and S&L Lootings RAMPANT in TEXAS. John Cornyn, Gregg Abbott GUVNAH BUSH going back to Mark White, Anne Richards and Jim Mattox, Dan Morales and DICK THORNBERG, WILLIAM FRENCH SMITH and the ENTIRE CAST OF WHORES. Please tell me the difference between an ILLEGAL UNRECORDED RED FLAG SUBDIVISION in Sanjacinto County and the COLONIAS that the BRECK GIRL and JOE Liberman Visited. COME ON I FRIGGIN DARE YOU ALL Castle Grande. Whitewater, Campebello Island the MADISON S&L JOB Clintonian Arkansan COLONIAS just like the Land Frauds in ARIZONA and FLORIDA. Who the hell are you all kidding ???????? WAKE THE SHIT UP http://www.whitehouse.gov/fellows/news/spring2002_02.html The WHITE HOUSE knows full FUCKING WELL !!!!!!! ALBERTO GONZALES and JOHN CORNYN and Gregg Abbott KNOW Judson Witham KNOWS very well !!!!! Colonias Domestic Study Policy Trip In February, the 2001-2002 White House Fellows class embarked on a domestic policy study trip to the borders shared by Texas, New Mexico and Mexico. There, Fellows met with state and local policy makers, Mexican officials, colonia residents and businessmen to study the socio-economic factors affecting colonias and their neighboring cities. In preparation for their trip, Fellows were also briefed on legislative issues specifically addressing colonias by Senator Kay Bailey Hutchinson (R-TX), Congressman Silvestre Reyes (D-TX), and Ana Maria Farias, Senior Counselor to HUD Secretary Mel Martinez. The White House Fellows kicked off their first full day in Texas with an escorted tour of three colonias. They were accompanied by HUD and Fannie Mae representatives who outlined the complex factors fueling colonia growth and the challenges faced by colonia residents as a result of having limited access to critical infrastructure and potable water. After the tour, Fellows participated in a meeting hosted by the El Paso Colonia Coalition, a group of local non-profit organizations that work with state agencies to improve sub-standard living standards in colonias. Jud Witham <jurisnot2@yahoo.com> wrote: Kay Bailey Hutchison CONROE TEXAS MAFIA TRASH Tell'm What COLONIAS are Kay "RED FLAG SUBDIVISIONS" She KNOWS ol Judson Very Well YES SIR White House Fellowships: spring 2002 ... study the socio-economic factors affecting colonias and their neighboring cities. ... addressing colonias by Senator Kay Bailey Hutchinson (R-TX), Congressman ... www.whitehouse.gov/fellows/news/ spring2002_02. html - 13k - Cached Coopersmith Reviews Ivins and Dubose's Shrub Senator Kay Bailey Hutchinson, elsewhere portrayed by Ivins as "the Breck girl," is applauded for visiting colonias -- unlike the Governor. ... www.rtis.com/touchstone/ sept00/ 22shrub.htm - 7k - Cached Houston's Channel 2, 13, 26, 11 and the Houston Chronicle , Dallas Morning News, Conroe Courier Spineless and NO Testicles http://video. google.com/ videoplay? docid=3505348655 137118430&q=bill+moyers SECRET GUVMINT FRAUD EPIDEMIC Ollie North and Herman K. Bebee and the TEXAS COMPANY Bank Lootings, S&L Lootings and IRAN CONTRA Secord and North's Largest Fund Raisers were on Westheimer at the Galleria Hotel THREE BLOCKS from 41's & Barbara's Suite at the Houstonian Have You Got any Idea How Deep The Corruption is ?? This CRAP goes far beyond the Looting of the Continental Illinois and the Penn Square Banking ILLUMINATE. Funny you know LAND FRAUD EPIDEMIC HOUSTON CHRONICLE ARCHIVES Paper: HOUSTON CHRONICLE Date: MON 09/21/1987 Section: Business Page: 1 Edition: 2 STAR Report: Developers owned almost all troubled S&Ls United Press International DALLAS - Real estate developers who bought their way into the troubled savings and loan industry in the early 1980s owned virtually all of the most deeply insolvent thrifts in Texas, it was reported Sunday. An investigation showed real estate development entrepreneurs either own or owned 20 of the 24 most financially troubled savings and loans in Texas and that most of the remaining four went broke by copying the aggressive strategies of the developers-turned- thrift owners, the Dallas Times Herald said in a copyright story. Most of the 24 institutions, which lost money at the rate of $8.94 million a day in the first quarter of 1987, are now in ruin. They have lost all the money invested by their owners and $3.8 billion of depositors' money that had to be replaced in part with emergency loans from the Federal Home Loan Bank of Dallas. Reports from the Federal Ho me Loan Bank, which has advanced at least $2.4 billion to the ailing thrifts, indicate the Texas 24 have been forced to repossess $2.7 billion worth of property from delinquent borrowers. Seven of the institutions have been declared insolvent. All are under the strict supervision - if not outright control - of federal and state regulators. Thrift experts place the two dozen institutions at the heart of an epidemic of risky lending and outright fraud that virtually bankrupted the Federal Savings and Loan Insurance Corp. The Texas thrift crisis required Congress to pump $10.8 billion into the agency that insures S&L deposits up to $100,000. More than half of the FSLIC bailout funds will be used in Texas, where the agency expects to pay $6 billion and spend five years cleaning up failed S&Ls. During the height of the Texas economic boom, one developer-thrift planned to open a branch office on the moon, another loaned $3 million to buy the Rolls-Royce fleet of the Bhagwan Shree Rajneesh, and a third funded a real estate project that called for a private overpass spanning the 10-lane LBJ Freeway in Dallas. A fourth thrift operated a chain of barbecue stands, the newspaper said. "Developers got us where we are in the savings and loan business through greed and a failure of ethics," said Paul Hardy, a principal with Commercial Banc Group, based in Dallas, which specializes in resolving troubled real estate projects. "They bought S&Ls with the idea of becoming real estate giants by using depositors' money and taking advantage of inflation," Hardy said. Don R. Dixon, accused of looting Vernon Savings and Loan Association, said thrifts were taking advantage of powers granted by the Garn-St. Germain Depository Institutions Act of 1982 to get an ownership stake in their borrowers' projects. Dixon told the Times Herald that builders turned around and acquired thrifts to assure themselves of financing and to tap into the profits of lenders. Dixon, Vernon's former owner, is named in a $350 million lawsuit filed by the FSLIC that accuses him and six other Vernon officers of plundering the S&L. Vernon Savings was declared insolvent in March, when it was $616 million in the red. Dixon blamed federal regulators for Vernon's failure. The Federal Home Loan Bank began examining Vernon in summer 1985. In April 1986 it barred the S&L from renewing customer loans, almost all of which Dixon said were about to be renewed. "I'm not a guy who flew into town to rape the savings and loan business," Dixon said. "The regulators in Washington decided that entrepreneurs are bad and said: `We'll sink the ships to kill the captains."' HOUSTON CHRONICLE ARCHIVES Paper: HOUSTON CHRONICLE Date: FRI 10/14/1988 Section: A Page: 1 Edition: 4 STAR Fraud `epidemic' cited in bank, S&L failures By JAMES DRUMMOND, BOB SABLATURA Staff An "epidemic" of fraud and insider misconduct played a role in a third of the bank failures and three-quarters of the savings and loan failures nationwide, says a congressional subcommittee report to be released next week. "Financial institution fraud and embezzlement have reached epidemic proportions, and the number of criminal cases is increasing at an alarming rate," said U.S. Rep. Doug Barnard Jr., D-Ga., in a summary of the report. The FBI is struggling with 7,350 bank fraud investigations involving 357 failed U.S. banks or thrifts and thousands of institutions that continue to operate, said Barnard, chairman of the House Subcommittee on Commerce, Consumer and Monetary Affairs. The FBI in Houston has 253 bank fraud investigations under way involving area financial institutions, up sharply from 150 a year ago, the bureau said Thursday. FBI spokesman Johnie J oyce acknowledges a dozen local investigations of financial institutions by name, including six banks, four thrifts and two mortgage companies. The institutions are First Commercial Bank-North Belt, Riverside National Bank, Bank of North America, PetroBank, Western BankWestheimer, Texas National Bank-Westheimer, Mainland Savings, Mercury-Milam Savings, First Savings and Loan of East Texas, Continental Savings, Couch Mortgage Co. and the mortgage operations of the late J.R. McConnell. All of the banks and thrifts under investigation have been declared insolvent and closed by state and federal regulators. Much of the abuse nationwide has gone undetected because of inadequate examinations by federal regulators, the subcommittee said. The Office of the Comptroller of the Currency has no regular examination schedule, and the Federal Deposit Insurance Corp. has "failed badly" to keep up with its schedule, the report said. Both regulate federally chartered ban ks. The subcommittee found that 42 percent of the failed banks had not been examined in the year prior to the failure. The report also criticizes the Treasury Department, the Federal Reserve and Office of Management and Budget for inadequate examination, supervision and legal staff. "We recognize that during the early 1980s up to 1986 we really didn't have enough resources," said Jim Dudine, chief of the FDIC special activities section. "Since then we have added more examiners," and made improvements in banking supervision, he said. Examiners have become more aggressive in rooting out fraud, Dudine said. FDIC instituted new training programs after a 1984 report from the subcommittee. The agency now has 50 special examiners and has overhauled procedures to catch fraud. But the FDIC remains behind in its examination schedule, Dudine said. Barnard said the subcommittee' s report also said: Regulators have improved coordination between federal agenci es to fight fraud, but agencies are still slow to start investigations and to exchange information. Sharing of data about abuses is "sporadic, haphazard and incomplete." Insolvent banks are much less likely to be audited by an independent accountant than healthy banks. Except for the Federal Home Loan Bank Board, which regulates federally chartered thrifts, none of the bank agencies requires outside audits. The subcommittee recommended more independent audits. The banking crisis has brought about a sharp philosophical change among regulators, Dudine said. Until recent years, regulators felt it was outside their function to police fraud. "That's changed," Dudine said. "Now we're looking for it." Both the comptroller and FDIC relied heavily on "off-site" examinations in recent years, looking at computer records without visiting an institution. Regulators said they did this in the face of budget cuts and personnel shortages. Regulators are trying to conduct more on-site audits today. The comptroller' s office was hit by a hiring freeze several years ago and suffers high turnover among examiners. They are drawn away by higher salaries paid by banks. "It would be nice if we could be in the banks 365 days a year, but we're not," said Bob Serino, deputy chief counsel with the comptroller. "The FDIC can only hire as many people as the administration will allow them to hire," said Thomas R. Bloom, partner with Kenneth Leventhal & Co. and former Federal Home Loan Bank System chief accountant. "With more and better examiners, the government would have saved billion of dollars (in bank losses)," Bloom said. During the real estate and oil boom of the early 1980s, comptroller examiners were overwhelmed with the increase in Texas banking activity, Serino said. Examiners were borrowed from other districts to work in Texas, he said. "The complexity of the (banking deals) was going out of sight." The only way regulators could have prevented much of the Texas banking mess would have been to have an examiner look over every loan before it was made, Serino said. "Unless you detect some of these problems before they happen, there's not much you can do." Regulators, however, could have done a better job of checking rapid growth in banks and thrifts and encouraging diversification, said Dudine. Regulators could have detected problems earlier, he said. The FBI and Justice Department are overwhelmed with bank fraud investigations, and both suffer a shortage of experienced investigators. In Houston, 18 FBI agents are assigned exclusively to investigating allegations of bank fraud, said Joyce. The subcommittee has asked a new investigative unit of the General Accounting Office, called the Office of Special Investigation, to find out if the Mafia has had a hand in bank fraud. The subcommittee had received several leads involving possible mob ties to California ins titutions, said Steve McFadden, subcommittee spokesman. Report: Developers owned almost all troubled S&Ls United Press International Thrift experts place the two dozen institutions at the heart of an epidemic of risky lending and outright fraud that virtually bankrupted the Federal Savings and Loan Insurance Corp. 09/21/1987 1988 YEAR IN REVIEW/Scandal, controversy mark the area's top newsmakers BOB TUTT : Staff A congressional report alleged that a national "epidemic" of fraud and misconduct by insiders underlaid the failure of many financial institutions. 01/01/1989 `Epidemic' of bank, S&L fraud cited/D.C. panel blaming insider misconduct for many failures JAMES DRUMMOND, BOB SABLATURA : Staff Epidemic' of bank, S&L fraud cited/D.C. panel blaming insider misconduct for many failures In Houston, 18 FBI agents are assigned exclusively to investigating allegations of bank fraud, said Joyce. 10/14/1988 Fraud `epidemic' cited in bank, S&L failures JAMES DRUMMOND, BOB SABLATURA : Staff In Houston, 18 FBI agents are assigned exclusively to investigating allegations of bank fraud, said Joyce. 10/14/1988 Good Ol Oklahoma City. Look a little deeper into the Murrah Bombing and you'll see MASSIVE Corruption tied to the BANK and S&L, Wall Street Debacles of the 80s and 90s - PS: You don't think Olliver North, Herman K. Bebbee and the CLINTONS were the only ones ROBBING Banks and S&Ls do you !!!!!!! Financing "STAND ALONE OFF THE SHELF ENTERPRIZES" Land Flips - FLIPPING ENTIRE SUBDIVISION DEVELOPMENTS - You ask Why DIRT ROAD SUBDIVISIONS ?? DIRTY MONEY and all those BLACK OPS $550 BILLION REASON$ FOR THE COVER UP$ The Subdivision DEBACLES did NOT start in Arkansas BUT in Monkey County TEXAS, Their UNDOING all started when Texas AG MARK WHITE's OFFICE attempted to keep SEALLED in Judge Olen Underwood's 284th KORT in Conroe, The DEPOSITION of Donald Clesson (1981) I was 26 years old then and we've come a LONG WAY BABY. GONZO there in Humble and 43 know all about the TEXAS CASH MACHINES directly involving those LAND CONS. Ya did'nt think Slick Willy and Billary from ARKANSAS were the only folks Doing The DIRT ROAD Subdivision FLIPPING THING did ya SEE The Houston Chronicle, Houston Post and Dallas Morning News articles for LAND FLIPS and BANK FRAUDS, WAKE UP Hello Anyway, Kay Hutchinson, Kevin Brady, Joe Barton, Dan Morales, Jim Mattox, John Cornyn, Gregg Abbott and YUP the FBI, US Secret Service, Houston Chronicle, Houston Post ALL the TV Clowns in Houston and the US POSTAL INSPECTION SERVICE in Dallas ALL KNOW the Clintons. Slick Willy and BILLARY were NOT the only MAFIA in the Country doing the LAND SUBDIVISION FLIPS. Judson MADE CERTAIN OF THAT http://www.legalact ion.com Valley Of The Lakes RICO trials PA 8.) Water for Colonias Money is there for hookups, so use it Publish Date: August 2, 2004 Word Count: 327 Document ID: 1043B07E2588F59D Gov. Rick Perry turned his focus to the border last month, urging a Texas agency to get on with issuing $50 million in bonds to help low-income communities get better roads. We salute the governor's effort and encourage him and the 2005 Legislature to keep improving the state's 2,000-plus colonia developments. Found mostly along the border, colonias are settlements of modest homes that pop up in flood plains and rural hardpan outside of a city's TEXAS WHITEWATERS POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes CATHY GORDON : Staff Others - about 600 - are unrecorded or "red flag" subdivisions that do not meet county road and drainage standards and have no plats, or plans, filed. 06/21/1987 http://www.pbs. org/wgbh/ pages/frontline/ shows/arkansas/ whitewater/ lyonsarticle. html All this over "a" failed $ 200,000 dirt-road real estate deal up in Marion County and a savings and loan flameout that cost taxpayers a lousy $ 65 million--the 196th most costly S&L failure of the 1980s, 196th and the BANKING SECTOR had Lots Lots Lots BIGGER Lootings doing the SAME CRAP POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes CATHY GORDON : Staff Others - about 600 - are unrecorded or "red flag" subdivisions that do not meet county road and drainage standards and have no plats, or plans, filed. 06/21/1987 Road woes continue/Neighborho od battles county over upkeep PAUL McKAY : Staff The problem goes a lot further than just this single subdivision." Pioneer Trails is probably one of the worst examples of an unrecorded subdivision," Winberry says. 09/24/1989 POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Developers facing county crackdown CATHY GORDON : Staff Montgomery County, in its crackdown on developers of unrecorded subdivisions, wants the mess cleaned up. In other words, I `poor-boyed' this subdivision. 06/23/1987 Advice for potential property buyers: Ask questions CATHY GORDON : Staff If the subdivision next door is having a problem, that's a good indication your subdivision will too. This sometimes is a signal the subdivision is unrecorded and not up to county standards. 06/23/1987 Resident's crusading `fans fire'/Subdivision' s critic outlines difficulties CATHY GORDON : Staff It started six years ago with his myriad of complaints to developers and county officials about the unrecorded east county subdivision's drainage and roads. 06/22/1987 POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes CATHY GORDON : Staff It has to be on which subdivisions are the worst. His property in the unrecorded Shepard's Landing subdivision off FM 2854 is not only in the flood plain, it's in the river bed. 06/21/1987 Neighborhoods fighting proposal to realign North Eldridge Parkway KIM COBB : Staff The crux of the problem, as the Precinct 3 Commission sees it, is that Tower Oaks is an unrecorded subdivision. 09/15/1985 Fort Bend, Montgomery counties feel growth pains MELINDA MILLER, PATTI MUCK : Staff Montgomery County first began requiring building permits in 1979 to prevent people from building in the flood plain and in unrecorded subdivisions that didn't meet county standards. 05/22/1985 Harper's Magazine The Great Whitewater Political Scandal and Multimedia Extravaganza, now on the verge of entering its second smash year, has always played very differently here in Little Rock than in, say, Washington, New York, or Los Angeles. To read the great metropolitan newspapers, observe the grave demeanor of network TV anchors, and heed the rhetoric of the politicians and radio talk-show hosts who have made the issue their own, one would gather that the republic teeters on the brink of a constitutional crisis. The dread "gate" suffix of Nixonian legend has been applied. Melodramatic charges of bribery, corruption, cover-up, even of suicide and murder, fill the air (although at the time of this writing the focus has shifted to "improprieties" in Washington). There has even been loose talk of presidential impeachment. All this over a failed $ 200,000 dirt-road real e state deal up in Marion County and a savings and loan flameout that cost taxpayers a lousy $ 65 million--the 196th most costly S&L failure of the 1980s, nationally speaking, and one that accounted for about 7 percent of the roughly $ 1 billion tab bankrupt institutions ran up right here in little old Arkansas. For the longest time, it was hard for most Arkansans to take all the bellyaching over Whitewater and Jim McDougal's Madison Guaranty very seriously. Apart from a superficial acquaintance with both Clintons shared by thousands of Arkansans, I know none of the characters in the Whitewater saga personally. (My wife gave Clinton a little bit of money and went to Wisconsin for a week on his behalf as an "Arkansas Traveler" at her own expense. But that's her business.) What little I have written over the years has been mostly critical. Indeed, I cherish a videotape of myself in a short-lived guise as the poor man's Andy Rooney on a Little Rock TV station b ack in 1988 predicting that the governor had won his last election. It angers me, though, that Whitewater has brought back all the old stereotypes, what the Arkansas Times magazine once called the image of "the Barefoot State." Barefoot, hell. To hear the national press go on about it, under Clinton poor little Arkansas became a veritable American Transylvania: a dark, mysterious netherworld populated by a mob of ignorant peasants and presided over by a half dozen corrupt tycoons in collusion with the Clintons as the Count and Countess Dracula. Scarcely a Whitewater story has appeared in the national press that hasn't made references to the state's uniquely "incestuous" links between business, government, and the legal establishment- -concepts utterly foreign to places like Washington, D.C., and New York City, of course. Even Arkansans long weary of Clinton's amoeba-like style of leadership-- his indecisiveness, his downright genius for equivocation, his habit of launching more trial balloons than the National Weather Service--can' t recognize the caricature of either the man or his milieu in the national press. And we're not just talking about such off-the-wall publications as The American Spectator or the Wall Street Journal editorial page. In The New Republic, author L.J. Davis accused Bill and Hillary Clinton of a nefarious plot to void Arkansas usury limits for the benefit of the First Lady's banker clients. Problem is, the deed was done through an amendment to the Arkansas constitution by public referendum during the term of Republican Governor Frank White--a banker. So how did we get here? Well, at the expense of shocking you, dear reader, it all began with the New York Times--specifically with a series of much-praised articles by investigative reporter Jeff Gerth: groundbreaking, exhaustively researched, but not particularly fair or balanced stories that combine a prosecutorial bias and the art of ta ctical omission to insinuate all manner of sin and skulduggery. Accompanied by a series of indignant editorials, Gerth's work helped create a full-scale media clamor last December for a special prosecutor. Testimony in recent Senate hearings showed that the Resolution Trust Corporation' s Whitewater investigation began in direct response to the Times coverage; the hearings themselves resulted in large part from the Clinton Administration' s panicky reaction to reporters' queries about the RTC probe, Gerth's among them. Absent the near-talismanic role of the New York Times in American journalism, the whole complex of allegations and suspicions subsumed under the word "Whitewater" might never have made it to the front page, much less come to dominate the national political dialogue for months at a time. It is all the more disturbing, then, that most of the insinuations in Gerth's reporting are either highly implausible or demonstrably false. Let us return briefly to those thrilling days of yesteryear-- specifically the 1992 primary season. On March 8, 1992, Jeff Gerth's initial story about Whitewater appeared on the Times front page under the headline CLINTONS JOINED S.&L. OPERATOR IN AN OZARK REAL-ESTATE VENTURE: In 1984 , Madison started getting into trouble. Federal examiners studied its books that year, found that it was violating Arkansas regulations and determined that correcting the books to adjust improperly inflated profits would "result in an insolvent position," records of the 1984 examination show. Arkansas regulators received the Federal report later that year, and under state law the securities commissioner was supposed to close any insolvent institution. As the Governor is free to do at any time, Mr. Clinton appointed a new securities commissioner in January, 1985. He chose Beverly Bassett Schaffer.... In interviews, Mrs. Schaffer, now a Fayetteville lawyer, said she did not remember the Federal e xamination of Madison, but added that in her view, the findings were not "definitive proof of insolvency." In 1985, Mrs. Clinton and her Little Rock law firm, the Rose firm, twice applied to the Arkansas Securities Commission on behalf of Madison, asking that the savings and loan be allowed to try two novel plans to raise money. Mrs. Schaffer wrote to Mrs. Clinton and another lawyer at the firm approving the ideas. "I never gave anybody special treatment," she said. Madison was not able to raise additional capital. And by 1986 Federal regulators, who insured Madison's deposits, took control of the institution and ousted Mr. McDougal. Mrs. Schaffer supported the action. Gerth's original story was recently praised in the American Journalism Review as containing 80 to 90 percent of what the press knows about Whitewater today. Rival reporters complained, though, that the 1992 article lacked a "nut paragraph" summing up what the Clintons had d one wrong and why it was important. The insinuations became clearer in subsequent Gerth stories in the fall of 1993.(*) Following the Washington Post's October 31, 1993, revelation that the RTC had made a referral to the Justice Department naming the Clintons as (perhaps unwitting) beneficiaries of possible criminal actions, Gerth and Stephen Engelberg, another Times reporter, wrote lengthy articles that appeared on November 2 and December 15. The first dealt mainly with the still-unsubstantiat ed claims of former Municipal Judge David Hale that Bill Clinton urged him to commit federal bank fraud by lending $ 300,000 to Jim McDougal's wife, Susan. (Gerth and Engelberg neglected to point out that David Hale--no Clinton intimate but a courthouse pol first appointed by Republican Governor Frank White--had set up thirteen dummy companies with the same mailing address as his own, evidently without pressure from the Clintons.) Elsewhere, the November 2 piece was pretty much a rehash of the original 1992 article, with a few characteristically misleading tidbits added for emphasis. "By 1983, Mr. McDougal's bank was in trouble with Arkansas regulators," the Times informed readers. "The state's banking commissioner, Marlin S. Jackson, ordered the bank to stop making imprudent loans. Mr. Jackson, a Clinton appointee, said in an interview last year that he told Mr. Clinton at the time of Mr. McDougal's questionable practices." Now, what Jackson told the Los Angeles Times (which also turned the tale inside out but did give fair context) was that the governor had urged him to ignore politics and be the "best banking commissioner you can be ." Jackson had acted on this suggestion, with the result that the Clintons' own note was called. The real bombshell was Gerth and Engelberg's December 15, 1993, story, which all but accused both Clintons, Jim McDougal, and Beverly Bassett Schaffer of criminal conspiracy to keep Madison Gu aranty afloat regardless of the cost. But the implication in that account that has shown the most staying power involves a supposed quid pro quo involving Hillary Rodham Clinton. It centers on an April 1985 political fund-raiser Jim McDougal held and the suspicion that he may have illegally siphoned Madison Guaranty funds into Bill Clinton's campaign coffers. "Just a few weeks after Mr. McDougal raised the money for him," the Times noted darkly, "Madison Guaranty won approval from Mrs. Schaffer, Mr. Clinton's new financial regulator, for a novel plan to sell stock." "The search for new capital," Gerth and Engelberg continued, took Madison to the offices of Mrs. Schaffer, who had the ultimate authority to approve any such stock sale. One of the lawyers employed by Madison to argue its case before the state regulators was Mrs. Clinton. Within weeks, Mrs. Schaffer wrote a letter to Mrs. Clinton giving preliminary approval to Madison's stock plan. The sale never went forward. But this fall the RTC asked the Justice Department to examine a number of Madison's transactions, and federal officials say the state's approval of the stock plan was among the matters raised by investigators. The Times also quoted McDougal to the effect that Bassett Schaffer was his handpicked choice as Arkansas securities commissioner. The theory implicit in Gerth's Times stories may be summarized as follows: when his business partner and benefactor McDougal got in trouble, Bill Clinton dumped the sitting Arkansas securities commissioner and appointed a hack, Beverly Bassett Schaffer. He and Hillary then pressured Bassett Schaffer to grant McDougal special favors--until the vigilant feds cracked down on Madison Guaranty, thwarting the Clintons' plan. This is the Received Version of the Whitewater scandal as it first took shape in the pages of the New York Times--what all the fuss is ultimately about. And it bears almost no relation to reality. The distortions begin with the headline of the original Gerth story in the Times: CLINTONS JOINED S.&L. OPERATOR IN AN OZARK REAL-ESTATE VENTURE. This headline was misleading because when Bill and Hillary Clinton entered into the misbegotten partnership to subdivide and develop 230 forested acres along the White River as resort property in 1978, Jim McDougal wasn't involved in the banking and S&L businesses at all. He was a career political operative--a former aide to Senators J. William Fulbright and John L. McClellan. In the meantime, McDougal had done well in the inflation-fueled Ozarks land boom of the Seventies. But it wouldn't be until five years later--by which time the Whitewater investment was already moribund--that he bought a controlling interest in Madison Guaranty. Details, details. Gerth wrote that McDougal quickly built Madison "into one of the largest state-chartered associations in Arkansas." Wrong again. Among thirty-nine S&Ls listed in the 1985 edition of Sheshunoff's Arkansas Savings and Loans, Madison ranked twenty-fifth in assets and thirtieth in amount loaned. These errors of detail might be forgiven if Gerth had in fact uncovered a conspiracy between the Clintons and the Arkansas securities commissioner to treat Jim McDougal leniently. The appearance of conspiracy, however, was created not by the actions of the alleged parties but by selective reporting. Consider, for example, Gerth's treatment of the appointment of Beverly Bassett Schaffer as Arkansas securities commissioner in his March 8, 1992, article: "After Federal regulators found that Mr. McDougal's savings institution, Madison Guaranty, was insolvent, meaning it faced possible closure by the state, Mr. Clinton appointed a new state securities commissioner. ..." The clear implication is that in response to a Federal Home Loan Bank Board report dated Januuary 20, 1984, suggesting that Madison might be insolvent, Clinton in Jan uary 1985 installed Bassett Schaffer as Arkansas securities commissioner for the purpose of protecting McDougal. So how come he waited an entire year? In reality, the timing of Bassett Schaffer's appointment had nothing to do with the FHLBB report, which there's no reason to think Clinton knew about. (The Clintons had no financial stake in Madison Guaranty, although that, too, has been obscured.) The fact is that Bill Clinton had to find a new commissioner in January 1985 because the incumbent, Lee Thalhiemer, had resigned to reenter private practice. Appointed by Republican Governor Frank White and kept on by Clinton, Thalhiemer says he told Gerth this in an interview, and describes the Times version as "unmitigated horseshit." Bassett Schaffer strenuously insists that to this day she has never met McDougal, never heard Bill Clinton mention his name, and does not believe he influenced her appointment- -and told Gerth so. She had actively sought the job from the moment she learned that Thalhiemer was quitting (he confirms recommending her to Clinton). She herself had volunteered in Clinton's 1974 congressional campaign and had worked for him full time on the Arkansas attorney general's staff while in law school. And her brother, Woody Bassett, also a Fayetteville attorney, was a personal friend and supporter of Bill Clinton. The claim that Jim McDougal was behind Bassett Schaffer's appointment rests entirely on the word of McDougal himself, a victim of manic-depressive illness whose lawyer filed an insanity plea in a 1990 bank-fraud trial in U.S. District Court, in which McDougal was ultimately found not guilty. In his original 1992 article, Gerth had acknowledged McDougal's history of emotional illness but described him as "stable, careful and calm." By 1993 mention of those difficulties had all but vanished from the pages of the New York Times--despite the fact that the supposed recipient of Bill Clinton's largess was living in Arkadelphia in a trailer on SSI disability payments. Also unmentioned, for what it's worth, was that McDougal had long since recanted his accusations against Clinton and taken to blaming the whole mess on Republican partisans in the RTC. But did Bassett Schaffer help McDougal anyway? Did the Arkansas Securities Department, as Gerth asserts, have proof of Madison Guaranty's insolvency in early 1985? Did Bassett Schaffer have the legal authority to shut it down? Consider the allegation that Madison was insolvent and Bassett Schaffer failed to respond. True, the 1984 FHLBB report did argue that Madison Guaranty had overestimated its profit from contract land sales--not including Whitewater-- by $ 564,705. "Correcting entries will adversely effect (sic) net worth and result in an insolvent position." But is this proof of legal insolvency? Hardly. In the first place (although Gerth neglected to point this out), the title page of the document from wh ich the Times reporter took the one brief passage he cited stipulated that it had "been prepared for supervisory purposes only and should not be considered an audit report." More significantly, federal auditors later accepted Madison's position on contract land sales, and the putative adjustments were never made. Indeed, on June 26, 1984, six months after the report Gerth cited, and six months before Bassett Schaffer took office, Madison Guaranty's board of directors met in Dallas with state and federal regulators. They agreed to enter a formal "Supervisory Agreement" with the FHLBB that spelled out detailed legal and accounting procedures designed to help the S&L improve its financial position. In a letter dated September 11, 1984, the FHLBB gave Madison formal approval of a debt-restructuring plan that "negat ed the need for adjustment of $ 564,705 in improperly recognized profits" and dropped all references to insolvency. Arkansas officials also called Gerth's attention to an independent 1984 audit that also refuted Madison's insolvency. In his story the reporter neglected to mention either document. If McDougal shoved any funny money in the Clintons' direction--either through Whitewater or an April 1985 campaign fund-raiser- -the Arkansas Securities Department sure found an odd way to reward him. No sooner did Bassett Schaffer receive the FHLBB's 1986 report on Madison than she recommended stringent action. On July 11, 1986, she and a member of her staff flew to Dallas to meet with FHLBB and Federal Savings and Loan Insurance Corporation regulators for a showdown with Madison's board. McDougal himself was not invited. McDougal was stripped of authority, and federal officials agreed to supervise the failed thrift until the FSLIC found money to pay depositors. When, a year later, Bassett Schaffer received an audit for 1986 (and a revised audit for 1985) officially reflecting that Madison Guaranty was insolvent, she wrote the FHLB B and FSLIC a letter, dated December 10, 1987, strenuously urging them to shut down Madison and two other Arkansas S&Ls. Fifteen months later, federal regulators (whose tardiness cannot be blamed on pressure from a state governor) finally locked Madison's doors. There is not the slightest evidence, then, that Bassett Schaffer inappropriately delayed taking action against Madison. Nor, it seems, did she bend the law when asked by Hillary Clinton to approve a stock sale by the ailing thrift. Remember the dark hint of misdeeds in Gerth and Engelberg's December 15, 1993, story: "Just a few weeks after Mr. McDougal raised the money for Governor Clinton , Madison Guaranty won approval from Mrs. Schaffer, Mr. Clinton's new financial regulator, for a novel plan to sell stock." Now, what made Madison Guaranty's plan "novel" is hard to say. The vast majority of state-regulated S&Ls in 1985 issued stock. Even so, the adjective, with its implication of wrong-doing, has recurred mantra-like in virtually every Whitewater roundup article since. For Hillary Rodham Clinton to have ventured anywhere near Madison in any capacity was a damn fool thing to do. But the fact is that her entire involvement in the "novel" stock issue consisted of the mention of her name in a letter written by a junior member of the Rose Law Firm expressing the opinion that it would be permissible under state law for Madison Guaranty to make a preferred stock offering. After studying the applicable statutes and consulting with her staff, Bassett Schaffer agreed. "Arkansas law," she wrote in a two-paragraph letter dated May 14, 1985--the now-famous "Dear Hillary" missive--"expressly gives state chartered associations all the powers given regular business corporations. .. including the power to authorize and issue preferred capital stock." Bassett Schaffer had issued the narrowest sort of regulatory opinion. Had she ruled otherwise, Madison Guaranty would h ave had no difficulty finding a judge to reverse her. Anyway, no application was ever filed. The Arkansas Securities Department's power to close ailing S&Ls was mostly theoretical. Unlike the feds, Bassett Schaffer's office had no plenary authority to shut S&Ls down and seize their assets. Nor did Arkansas law make any provision for the state to pay off despositors of bankrupt S&Ls. That duty belonged to the FSLIC. "We acted in unison at all times," says Walter Faulk, then director of supervision for the FHLBB in Dallas. "I never saw Bassett Schaffer take any action that was out of the ordinary. Nor, to be perfectly honest, could she have gotten away with anything if she did. To my knowledge, there is nothing that she or the governor of Arkansas did or could have done that would have delayed the action on this institution. " When I asked him recently about the discrepancies and omissions in his reporting, Jeff Gerth stood his ground, alternately argumenta tive and defensive, and did not wish to be quoted. He argues, for example, that he never literally wrote that Jim McDougal had in fact gotten Bassett Schaffer the job, merely that he'd claimed to. Her denial struck him as beside the point. In other instances, he pleaded limitations of time and space. The perception that Gerth most resents is the one most talked about in Arkansas: his reliance upon the hidden hand of Sheffield Nelson--Clinton' s 1990 Republican gubernatorial opponent and a legendary political infighter. The Times reporter insists that Nelson did no more than give him Jim McDougal's phone number and later introduce him to former Judge David Hale, whose defense attorney is Nelson's associate. Nelson, the Republican nominee for governor again in 1994, tends to be coy about his role. But he has given other reporters a thirty-eight- page transcript of an early 1992 conversation between himself and McDougal, then embittered by what he saw as Clinton's abandonm ent. Indeed, Jeff Gerth, Sheffield Nelson, and the New York Times go way back. As long ago as 1978, Gerth wrote a well-timed expose of Nelson's mortal foes Witt and Jack Stephens--the billionaire natural-gas moguls and investment bankers who ran Arkansas like a company store during the Orval Faubus era (1955-67). The Stephens brothers owned a small gas-distribution company in Fort Smith that was paying them at a better rate then other gas-royalty owners. But what made Gerth's piece significant was its timing: it appeared shortly before a Democratic primary in which the Stephenses' nephew, U.S. Representative Ray Thornton, was eliminated in a three-man race for the U.S. Senate. Gerth had promised local reporters he'd uncovered a scandal that would knock Thornton out of the race. Some observers think the Times article about the business dealings of Thornton's uncles did swing just enough votes in Fort Smith to keep him out of a runoff election won by Senator David P ryor. A few more highlights from Sheffield Nelson's political biography may help underline his motives for helping reporters portray the Clintons in the worst possible light. Hired out of college as Witt Stephens's personal assistant, Nelson was later installed as CEO of Arkansas-Louisiana Gas Co. (Arkla), controlled by the Stephens family and the state's principal natural-gas utility. (It was his subsequent refusal to use Arkla pipelines to carry gas from other Stephens-owned companies to buyers east of the state that eventually provoked a lifelong blood feud of Shakespearean malevolence. ) Until 1989 Nelson was a Democrat, impatiently biding his time until the end of the Clinton era. But when it became apparent that Clinton would run again in 1990, Nelson became a Republican and won the 1990 gubernatorial primary over an opponent funded by Stephens interests. Bill Clinton then proceeded to humiliate Nelson 58 percent to 42 percent in the general election. Clin ton owed his 1990 triumph in part to the fact that his Public Service Commission conducted an inquiry into a business deal involving Nelson and a friend of Nelson's named Jerry Jones. It seems that back when Nelson was CEO of Arkla, he'd overridden the objections of company geologists and sold the drilling rights to what turned into a mammoth gas field in western Arkansas to Arkoma, a company owned by Jones, whom Nelson had brought onto Arkla's board of directors. The price was $15 million. Jones found gas almost everywhere he drilled. Two years after Nelson's departure, Arkla paid Jones and his associates a reported $ 175 million to buy the same leases back as well as some other properties. Jerry Jones then proceeded to buy the Dallas Cowboys and win two Super Bowls. The election-year probe of the Arkla-Arkoma deal resulted in millions of dollars of refunds to rate payers, which wasn't necessarily the point. It also earned the President a permanent spot on Sheffiel d Nelson's enemies list. The result, it's no exaggeration to say, has been Whitewater. The talents of investigative reporters now poring over Whitewater documents might be better spent looking into another McDougal real-estate venture. Sheffield Nelson and Jerry Jones put up a reported $225,000 each in return for a 12.5 percent share of McDougal's ill-conceived luxury retirement community on Campobello Island, New Brunswick, Canada. It was New Deal Democrat McDougal's odd conceit that wealthy vacationers and retirees would be moved by sentimental memories of FDR's summer retreat (remember Sunrise at Campobello?) to purchase lots on a resort island that is in fact damp, cold, foggy, and remote. The Campobello project not only failed but helped pull Madison Guaranty down with it. Gerth and the Times have left that aspect of the Madison Guaranty story unexplored-- even though, unlike Whitewater, the name of Campobello Properties Ventures is mentioned prominently and re peatedly in the very FHLBB examination report that Gerth quoted in his original March 8, 1992, article. Also unlike Whitewater, the Campobello project did put a big chunk of Madison Guaranty's scant capital at risk--some $3.73 million, to be exact, at a time when the FHLBB examiner contended that the S&L was actually $70,000 in the hole. At last report, that particular picturesque stretch of Canadian coastline belonged to the Resolution Trust Corporation. Nelson and Jones, however, actually made a profit. In 1988, the FHLBB, then supervising Madison Guaranty's assets, bought the boys out for $725,000--leaving them a profit of $ 275,000. No doubt there's a plausible explanation, although William Seidman, chief of the FDIC and the RTC at the height of the S&L crisis, told the Fort Worth Star-Telegram that "I can't believe it. It's an extraordinary event. It smells. It could be legit, but I doubt it." Gerth says the Campobello deal holds no interest for Times readers. But imagine the uproar had your tax dollars bailed out the Clintons rather than an embittered Republican politician feeding damaging allegations to the New York Times. The same faults that mar Jeff Gerth's reporting on Whitewater-- misleading innuendo and ignorance or suppression of exculpatory facts--also showed up in the Times accounts of Hillary Rodham Clinton's commodity trades with Springdale attorney Jim Blair and her husband's dealings with Tyson Foods. "During Mr. Clinton's tenure in Arkansas," Gerth wrote near the top of his March 18, 1994, front-page account, "Tyson benefited from a variety of state actions, including $9 million in government loans, the placement of company executives on important state boards and favorable decisions on environmental issues." The alleged $9 million in loans was the implied quid pro quo for old pal Blair's generous tips to Hillary in the 1970s that helped her turn $ 1,000 into nearly $ 100,000. Following Gerth 's report, the incriminating $9 million figure appeared virtually everywhere. The Times itself weighed in with a March 31 editorial called "Arkansas Secrets," attacking the "seedy appearances" of Bill and Hillary Clinton's "extraordinary indifference to...the normal divisions between government and personal interests." The same editorial went on to deride what it called "the Arkansas Defense": that "you cannot apply the standards of the outside world to Arkansas, where a thousand or so insiders run things in a loosey-goosey way that may look unethical or even illegal to outsiders." Nor have Times editorial writers been the only ones to scold the Clintons for succumbing to the lax moral climate of the president's native state. The Baltimore Sun, Spiro Agnew's hometown paper, opined that the First Lady's adventures in the cow trade "certainly don't smell right, especially considering that Jim Blair represented a giant, influential agribusiness firm in Arkansas that later rec eived what seemed to be favors from Gov. Clinton." Newsweek's Joe Klein wrote of the President's "multiple-personali ty disorder," involving a moderate Clinton, a liberal Clinton, and "the likely suspect in the Whitewater inquiry, a pragmatic power politician who did whatever necessary to get and keep office in Arkansas...granting low-interest loans to not-very-needy business interests, who in turn contributed generously to his political campaigns. This Clinton snuggled up close to the Arkansas oligarchs, the bond daddies and chicken pluckers--and never quite escaped the orbit of the shadowy Stephens brothers, Witt and Jackson." (Witt Stephens has been dead for three years, and Jack Stephens is a Reagan Republican who has bankrolled nearly every Clinton opponent--except Sheffield Nelson--since the early 1980s.) There's just one problem with this chorus of self-righteous denunciation: the $9 million in loans that inspired it never existed. Especially atten tive readers of the New York Times may have noticed an odd little item in the daily "Corrections" column on April 20, 1994: An article on March 18 about Hillary Rodham Clinton's commodity trades misstated benefits that the Tyson Foods company received from the state of Arkansas. Tyson did not receive $9 million in loans from the state; the company did benefit from at least $ 7 million in state tax credits, according to a Tyson spokesman. Gerth blames a chart misread on deadline. But was the Times embarrassed? Hardly. In the journalistic equivalent of double jeopardy, the Times editors, having convicted Hillary Clinton on a spurious charge, decided she was guilty of a new charge: helping Tyson Foods to that $ 7 million in tax credits. No sooner had she held her April 22 press conference on Whitewater-related issues than the Times fretted that the First Lady's performance had been smooth but cleverly evasive. Particularly suspicious, an April 24 edito rial found, were her dealings with Jim Blair, "a lawyer for Tyson Foods, a large company that was heavily regulated by and received substantial tax credits from the Arkansas government." Emphasis added. And people call the President slick! The truth is far less lurid. The $7 million in investment tax credits Tyson Foods claimed against its Arkansas state tax bill after 1985--that is, between seven and fourteen years after Hillary's commodity trades--were written into the state's revenue code and were never Bill Clinton's to bestow or withhold. True, the Clinton Administration did sponsor the 1985 legislation that created the tax credits. It did so under strong pressure, not from Tyson but from International Paper, which threatened to take its processing plants elsewhere unless Arkansas matched tax breaks available from other states--a potentially severe economic blow to the already poor southern half of the state. Far from being unique to Arkansas, state investment tax credits are now the rule from sea to shining sea. One week after the Times made its lame correction, Tyson announced the opening of a new plant in Portland, Indiana. According to a press release by Indiana Governor Evan Bayh, the state and local governments provided some $9 million in economic incentives-- approximately equal to what Tyson got from Arkansas during Bill Clinton's six terms. Elsewhere, nearly every bit of evidence cited as proof of shady connections between the Clintons and Tyson Foods in the Times March 18, 1994, front-page story got the familiar Gerth treatment. Besides the imaginary $9 million in loans, Gerth cited several other suspicious transactions, among them a bitter court battle over polluted groundwater in the town of Green Forest in which the Clinton Administration "failed to take any significant action," and a pair of seemingly tainted appointments- -including renaming a Tyson veterinarian to the state Livestock and Poultry Commission and Jim Blair to the University of Arkansas board. An objective account of the court battle would have pointed out that the city of Green Forest was itself a defendant in the same lawsuit. Bill Clinton was not. Officials of the Arkansas Department of Pollution Control and Ecology testified for the plaintiffs against Tyson Foods. So much for yet another dark Clintonian conspiracy. Reappointing a Tyson veterinarian to the Livestock and Poultry Commission? Clinton is guilty as charged. Except that the fellow happens to be the state's ranking expert on chicken diseases, the prevention and treatment of which is the commission's principal task. As for naming Jim Blair himself to the University of Arkansas board? Well, it's quite an honor, and Blair can undeniably score great Razorback tickets. Otherwise, where's the scandal? At any rate, Blair wasn't a Tyson employee back when he and Hillary did their cattle trades. He was in private practice as one of Springdale's most prom inent corporate attorneys, representing banks, trucking companies, insurance firms, and poultry interests. Gerth portrayed chicken mogul Don Tyson as a major Clinton supporter and fund-raiser, one whose close ties to the President had "been a subject of debate for years in Little Rock and which became an issue during the 1992 Presidential campaign." The fact is that Clinton's battles with Tyson and the poultry industry are legendary in Arkansas. After Clinton failed to support an effort by the poultry and trucking lobbies to raise the truck weight limit to 80,000 pounds, Tyson backed his Republican opponent, Frank White, in 1980 and 1982 and refused to speak to Clinton for years. When Clinton finally gave in on the 80,000-pound limit (making Arkansas the last of the states to do so), he pushed through the legislature an unusual "tonmile" tax on eighteen wheelers--scaling the fee to the weight and distance they drove on Arkansas highways. The ton-mile tax was eventually thrown out after a bitter court battle. (In keeping with tradition, a profile of Clinton in The New York Times Magazine by Michael Kelly last July omitted the political context and cited the same fight as evidence of Clinton's spinelessness. ) Like most Arkansans, Tyson did back Clinton's 1983 educational reforms and made relatively modest campaign contributions from then on--something that was clearly prudent on the part of one of the state's largest private employers. But in the legislature the poultry and trucking industries fought virtually every Clinton initiative. Indeed it was Clinton's anger at the poultry industry and the Stephens interests, among others, after they combined to beat back a half-cent education sales tax in 1987 that provoked him to create a statewide "blue-ribbon" panel to write Arkansas's first meaningful ethics and disclosure law. After the selfsame "special interests" gutted the thing during a special session, Clinton dissolved the legislative session, led the effort to put the new standard on the ballot as an initiated act, campaigned for it hard, and won. (Times editorial writers may be interested to know that New York Governor Mario Cuomo's having earned $ 270,000 in 1992 giving speeches might constitute a felony here in darkest Arkansas.) Don Tyson did throw in with the governor on one notable issue during Clinton's last go-around with the Arkansas legislature. A charter member of the so-called Good Suit Club--a group of wealthy bankers and businessmen, like the late Sam Walton of Wal-Mart, who met informally to encourage educational reform--Tyson endorsed Clinton's plan to levy a 1/2 of 1 percent increase in the corporate income tax to benefit community technical colleges, helping the bill win the necessary three-fourths vote. Quick, somebody call Gerth at the New York Times and notify the special prosecutor. Something tells me they're fixing to load those technical colleges up w ith poultry-science courses. All of this raises the really interesting question at the heart of the Whitewater scandal: why--with representatives of the vaunted national press camped out in Little Rock for weeks at a time, squinting over aged public documents and pontificating nightly at the Capital Hotel bar--has nobody blown the whistle on Gerth and the New York Times? There are several reasons, ambition and fear among them. It is always safest to run with the pack, and editors who invest thousands of dollars on a scandal don't normally want to hear that there's no scandal to be found. Reporters who have challenged aspects of the official version, like Greg Gordon and Tom Hamburger of the Minneapolis Star Tribune and John Camp of CNN, have not found their celebrity enhanced. Those who have tried to split the difference, like the reporters for Time magazine--which has always reported (albeit parenthetically) that Arkansas bank regulators treated Madison Guaranty s ternly--have ended up producing accounts as muddled and self-referential as a John Barth novel. "The dealings in question," Time's George Church wrote last January 24, "are so complex that it is difficult even to summarize the suspicions they arouse, let alone cite the evidence supporting such suspicions. ... Violations of law, if any, would be extremely difficult to prove." And people call Clinton mealymouthed. Regional bias and cultural condescension play a part, too. How could the New York Times be wrong and the Arkansas Times be right? But even if Bill Clonton had been governor of Connecticut instead of Arkansas, in the post-Watergate, post-everythinggate culture no reporter wishes to appear insufficiently prosecutorial- -particularly not when the suspects are the President and his wife. By definition they've got to be guilty of something; it may as well be Whitewater. (*)By this time, recall, the stakes were incontestably higher--Bill Clinton was Presid ent of the United States; politically damaging memos by one Jean Lewis, an employee in the ostensibly neutral RTC, had been leaked to Republican Congressman Jim Leach and others; and right-wing outfits like Floyd Brown's Citizens United had begun to churn out what Trudy Lieberman in the Columbia Journalism Review called "a steady stream of tips, tidbits, documents, factoids, suspicions and story ideas for the nation's press." Paper: HOUSTON CHRONICLE Date: TUE 06/23/1987 Section: 1 Page: 11 Edition: 2 STAR POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Developers facing county crackdown By CATHY GORDON Staff Had developer Albert Morello known Montgomery County's land development rules and regulations 10 years ago, his development would not be among the hundreds in the county now considered slums, he says. "The county should have told us 20 years ago to do these subdivisions a certain way. I could have done it, then sold the lots with restrictions at a higher price and gotten a better class of people in there," said Morello, a feisty man of 71 with an undeniably New York accent. "As it is now, people slapped a few dollars down for just what they were getting and slopped up the whole place. It's a slum. The county asking me to put in a new road there now is like putting on a $200 pair of shoes with a $25 suit. Forget it." Morello is co-developer of Midline Estates, one of 600 (actually 635)unrecorded subdivisions that do not meet Montgomery County's specifications for roads and drainage. The land is swampy. Homes resembling shacks border its pothole-riddled dirt roads. Automobile parts and metal scraps litter the yards. Montgomery County, in its crackdown on developers of unrecorded subdivisions, wants the mess cleaned up. Morello is one of hundreds of developers receiving letters or telephone calls from the county asking that they upgrade roads and drainage. It irks him, he says, because he wasn't informed of the county's subdivision rules and regulations sooner. Had he known, he would have complied, he said. "Forty years ago, when I first came to Houston, I saw developments in Harris County where developers subdivided property, stuck in a dirt road and sold to just anyone. I said to myself: `This is a terrible thing. There should be some restrictions, "' said Morello, who has stopped selling property in Midline Estates. "Well, here we are. The same thing happened in Montgomery County, and it's the county's fault. In other words, I `poor-boyed' this subdivision. I didn't have any money to do it any other way. But no one was defrauded. I didn't misrepresent anything. What you see is what you get. It's unfair for the county to come back now and say we want you to do it another way, when they didn't give a hoot back then." The county has had other complaints from those who say it failed to enforce its own rules. "I feel like it's unfair," said S.E. Rutledge, who has been sued by the county because of substandard roads and drainage in the east county Southern Pines subdivision. "We never intended to make those roads in there county specified roads," Rutledge said, "and we never told anybody we would. I think it's a bunch of crock if anybody is saying that we did." Though Rutledge is working on a plan to upgrade the subdivision, he said he feels he's taking a bum rap. "If they had rules, they should have enforced them," he said. Indeed, there were rules, say county officials who aren't buying developers' complaints as valid excuses not to upgrade. "There were rules dating back to 1967," said County Engineer Don Blanton, who has inspected more substandard roads than he cares to count. "There's no skirting around it. Developers had the option of recording, platting and fixing their subdivisions according to less stringent rules we had in the 1960s. If they had done it, they wouldn't be facing this problem now," Blanton said. While the county did not condone unrecorded subdivisions, he said, there was a time it didn't do enough to prevent them either. During the real estate boom of the 1970s, the county's population more than doubled from 49,479 in 1970 to 128,487 in 1980. But county manpower was another matter. "At the time of the boom in the '70s, the county had a one-man engineering department, as I understand it," said Blanton, who did not start working for the county until 1979. "There was no way he could keep up with all these developments going in. And Commissioners Court, at that time, had not made the commitment to control the unrecorded subdivisions. We have now." The mood of the day also saw commissioners bowing to constituents by accepting their substandard roads. "When you had enough people living in an area with substandard roads making demands of their commissioner, those commissioners traditionally responded by going in there and bailing out the citizens, trying to bail out the school district because they couldn't get buses down those roads," Blanton said. "The county can't afford to do it anymore." While the county touts renewed vigor in enforcing subdivision rules and regulations, it's not exactly a stranger to meeting developers in court. In September 1983, the county sued developer R.V. King and his corporation, La Cour Du Roi Inc. claiming King had violated the county's regulations in his Wilderness subdivision off FM 1488 near Magnolia. The development has no plat or plan recorded with the county. Its roads are made of dirt. In one area, a gas pipeline easement serves as the only access to residents' trailers. "It's just a bunch of rural land. It looks like somebody's farm or something," said former Assistant Montgomery County Attorney Randy Morse, who prosecuted the case. King maintained the subdivision' s roads were private, the lots were legally sold by metes and bounds and that the county had no authority to regulate its development. He claimed the county's subdivision rules were not legally adopted and, therefore, not applicable. A state district court ruled the Wilderness subdivision was within the city of Conroe's extraterritorial jurisdiction and not subject to county regulations. The appeals court, however, overturned the ruling in favor of the county, establishing that it had jurisdiction in ETJs to regulate subdivision development. The case since has been remanded to state district court to determine, among other things, if King was the object of selective enforcement. "At the time of the Wilderness case, the county went after some developers to test the regulations and attempt to gain more voluntary compliance," assistant Montgomery County Attorney Marc Winberry said. "Now, the county is adopting a more active program of litigation to garner compliance." Another case that pitted the county against a developer involved the unrecorded Glenmost Estates subdivision near Magnolia. The developers, Michael Fitzmaurice and Lawrence Lind, claimed they were being unfairly blacklisted by the county - that the county was trying to coerce them into upgrading certain things at the subdivisions by denying building permits to property owners. The county contended Lind and Fitzmaurice violated subdivision rules and regulations. A settlement was reached with the developers agreeing to upgrade certain aspects of Glenmost Estates. But before it got that far, the two men declared bankruptcy. Another company, Stewart and Hill with developer Beau King, has since taken over the property and has been ordered by the bankruptcy court to upgrade the subdivision to county standards by August 1990. "We're trying to live with the plan of reorganization and get the roads up to standard," said Mike Schneider, who oversees road construction for Stewart and Hill. Attorney Nelda Radabaugh, hired by Montgomery County to tackle the problem of unrecorded subdivisions, said she is surprised at the number of developers who have cooperated since being sent warning letters by the county. "It's very difficult for some developers who did it one way five or 10 years ago to switch over and do it a different way now," she said. The rules have become more stringent. For example, the county now requires developers to use 6 inches of road base and 2 inches of surface mix on the roads. Before 1980, it required only 4 inches of road base and 2 1/2 inches of surface. County officials advise would-be developers in the county to obtain a copy of its regulations before designing a subdivision layout. That plan then should be presented to the county, and the health department should be contacted concerning plans for water wells and septic systems. Developers must put up a bond so the county can secure construction performance. Once the plat is approved by Commissioners Court, it can be filed in the county clerk's office. Only then can developers start selling lots in the subdivision. Once the plat is approved and recorded, the developer has 18 months to build the roads. "A reliable developer should have sufficient reserves to get the roads built without relying on money from sales in the subdivision, " said Winberry. Conroe developer Austin B. McComb said subdivision regulations are fine and good, but he prefers that his subdivision remain unrecorded so he can keep his speed bumps. "In my subdivision, all the roads are paved, a water system is in. The reason I don't want the county to take it over is the county doesn't allow speed bumps, and I'd have to take them out. My residents like them," said McComb, developer of the Lake Creek Falls subdivision off FM 1488. McComb said he has received no complaints from the 20 families who live there. He said his contracts to lot owners specify that the subdivision is unrecorded and that he will maintain the roads until such time the county takes them over or they are given to the residents' lot owners association. McComb said the county is painting developers with too wide a brush. "Not every developer is out to defraud the public," he said. "I've lived here all my life and love it here and have no reason to start being unfair with people now. I start doing that, and I'd have to leave. I'm too old for that." Fund-raiser nets Bush's campaign $700,000 BILL MINTZ : Staff Richard Secord testified Tuesday that he met with a Bush aide to complain about the quality of (ORDINANCE) ooops spare parts being provided to the contras. 05/06/1987 It's A Letter From "Ollie" BAD NEWS FIRST It Says The God Damned Houston Post Put Secord's and Ollie's Picture On The front Page of the Houston Post. Yeah SHIT last night at the Galleria Hotel on Westheimer in Houston. YES DAMN IT Big H yeah 41 - George H was in the Hotel. Good News Though - The Banksters in TEXAS gave Heavily SHIT - Secord is PISSED about the ORDINANCE CRAP OOPS SPARE PARTS we're shipping to the IRANIANS, Brother SADDAM and those PESKY CONTRAS Ollie Says - COMMERCIAL DRYWALL was there ???? Who the SHIT is Commercial Drywall ???? Yeah God Damn It Just As Bush 41 / BIG H - Was Comming In The REAR Service Entrance TWO CLOWNS wearing Commercial Drywall Hard Hats were loading a YELLOW VOLVO STATION WAGON, they were CARPENTERS LOCAL 213 Union Guys CARPENTERS NOT PLUMBERS Yeah "Commercial Drywall" http://www.marekbro s.com/ Dear : Mr. Rancourt , Dr. Phillips, Mr. Harmon, Stew, Tom, Mr. Conyers, Lou Dobbs And All My Patriot Friends Et Al : The Lie Factory: How Bush Fabricated the Case for War Journalist Robert Dreyfuss P L U S : Author Mike Davis ONLINE NOW Stream | Download Scooter Libby is just the tip of the iceberg. There's a whole neocon machine of lies and distortions called the Office of Special Plans, built to get us into war with Iraq. It's linked to familiar names like Cheney, Rumsfeld, Wolfowitz and yes, Libby. Mother Jones writer Robert Dreyfuss explains. Also, just how bad could the avian flu epidemic get, and does the US have a chance at being prepared? We check in with Mike Davis, author of "Monster at our Door: The Global Threat of Avian Flu." Plus, Morey Meniscus gets the inside scoop on the Alito nomination. GET THE MOTHER JONES RADIO NEWSLETTER New broadcast alerts straight to your inbox Ah That PE$KY $ecret GUVMINT How Much Doe$ The 550 Billion Dollar$ Looted By Iran Contra Ollie N Company NSA & The MAFIA From U$ Banks and $&Ls Weigh In 100 Dollar Bills ? ABOUT 60,626 Tons The Intelligence Chain Illustration by Nigel Holmes Shortly after 9/11, the Pentagon established a secret intelligence unit to build the case against Iraq. The unit's members -- many of whom were recruited from neoconservative think tanks, primarily the American Enterprise Institute and the Project for the New American Century -- funneled faulty information up the chain of command, often all the way to the White House. By early 2002, the unit had been incorporated into the Defense Department's Office of Special Plans. http://www.motherjo nes.com/bush_ war_timeline/ YE$ YE$ "41" you know VP Bush, BIG H George yeah HE Wa$ In The Galleria Hotel On We$theimer In HOU$TON That Night !!!!!! Yeah , $ecord and I , Ye$ 41 WE DID Put the Touch on The Texa$ Bankster$ FINANCING $ECRET MILITARY OFF THE $HELF $TAND ALONE NO OVER$IGHT http://video. google.com/ videoplay? docid=3505348655 137118430 Here's Your References - US CODE: Title 18,4. Misprision of felony TITLE 18 > PART I > CHAPTER 1 > � 4. Prev | Next. � 4. Misprision of felony. How Current is This? ... of the actual commission of a felony cognizable ... www4.law.cornell. edu/uscode/18/ 4.html - 9k - Cached - More from this site Misprision of felony - Wikipedia, the free encyclopedia Misprision of felony, under the common law of England, was the crime of failing ... (wais.access. gpo.gov) United States Code Title 18, Part I, Chapter I, Section 4 ... Quick Links: References en.wikipedia. org/wiki/Misprision_of_felony - 21k - Cached - More from this site US CODE: Title 18,402. Contempts constituting crimes TITLE 18 > PART I > CHAPTER 21 > � 402. Prev | Next. � 402. ... of this title and shall be punished by a fine under this title or imprisonment, or both. ... www4.law.cornell. edu/uscode/18/ 402.html - 10k - Cached - More from this site NOW Lets Start With - How Big This Problem Is Lets Start With Looted Money Ah That PESKY Secret GUVMINT YE$ GOD DAMNED IT WE MADE $URE I $hredded That F'n DONOR LI$T Hell Attorney General Ed Mee$e was my LOOK OUT Ollie $ays "that Richard Secord is Pi$$ed " About the Quality Of MI$$LES ooops $pare Parts we're $hipping to The IRANIAN$ and the CONTRA$ and that Collection$ from the TEXA$ BANK$TER$ are comming along just fine !!! Yeah BIG H 41 was in the Hotel Last Night on We$theimer and Richard $ecord want$ MORE $tingers and Hawk$ http://video. google.com/ videoplay? docid=3505348655 137118430 Yeah BAD & UGLY Well Maybe Not That far Back FOR NOW !!! Here's Your Example How Tall Is Mount Everest ?? Answer: 8850 m = 29035.433 ft 29 035.433 divided by 5 280 feet in a mile = 5.49913504 miles 53 ,398, 058 miles divided by Mount Everests Height of 5.49 = 9, 726 ,422.22 A Line Of $100 Bills nearly 10 MILLION TIMES HIGHER or LONGER than Mount Everest Is High judson witham <jurisnot@...> wrote: Dear Mr. Harmon, Et Al The EPITOMY of GUVMINT SOPHISMS ? I can NOT remember - I do NOT recall !!! When they steal HUNDREDS OF BILLIONS they leave a trail of money (in Hundred Dollar Bills ) 53,398,058 Miles Long At 1.7 Billion a Copy thats the price of 323 Space Shuttles The Space Shuttle Endeavour, the orbiter built to replace the Space Shuttle Challenger, cost approximately $1.7 billion. Source http://www.nasa. gov/centers/ kennedy/about/ information/ shuttle_faq. html#1 OR Stacked Up in $100 Bills Bills ON TOP of one another the stack would reach 14.927 MILES High NOTE SEE CALCULATIONS BELOW Currently Mr. Harmon "MUCH" of the US Government has a HUGE Credibility Problem See Buying The War PBS Bill Moyers Journal Unfortunately Mr. Harmon Et Al Many of these folks we deal with are ABSOULTELY CORRUPT and EXCEEDINGLY SELF RIGHTOUS. I want to quote Pvt. Jessica Lynch and America's Hero Pat Tillman's brother Mike Tillman who stated yesterday before Congress , as I have to agree " American Families Do Not Deserve Elaborate Lies" U.S. military announcements false, misleading, Congress told Jessica Lynch, Kevin Tillman, the brother of Army Ranger Pat Tillman, and the ... own ideals for heroes, and they don't need to be told elaborate lies," she said. ... story.indiagazette. com/index. php/ ct/9/cid/.../id/244097/cs/ 1 - Ranger Alleges Cover-Up in Tillman Case ... also heard Tuesday from Jessica Lynch, the former Army private who ... own ideals of heroes and they don't need to be told elaborate lies," Lynch said. ... palmbeachpost. com/storm/... /ap/US_Congress/Tillman_Friendly_ Fire.html "The bottom line is the American people are capable of determining their own ideals of heroes and they don't need to be told elaborate lies," Lynch said. Kevin Tillman, in his testimony, accused the military of "intentional falsehoods" and "deliberate and careful misrepresentations" in the portrayal of his brother's death. How Much Does The 550 Billion Dollars Looted From US Banks and S&Ls Weigh In 100 Dollar Bills ? ABOUT 60,626 Tons OR a Stack Of 100 Bills 15Miles HIGH 550 Billion divided by 20 Billion = 27.5 and then divide 27.5 by 100 dollars = .275 times 54.28 (100th the 5428 Miles of the ONE DOLLAR BILLS) EQUALS 14.927 Miles Now Lined Up End To End 5280 feet per mile times 12 inches per equals 63360 inches divide by 6.14 inches per dollar = 10,319 dollars per mile. Now divide by 100 and you get 103 One Hundred Dollar Bills Per Mile TAKE 5 Billion 500 Million ( 1 hundreth of 550 Billion ) and divide by 103 which = 53,398,058 miles, (Being 103 - $100 Bills per mile ) and divide by 190 miles LOWE Shuttle Orbit and you get a trail of $100 Bills - lined up end to end that can reach the shuttle 281,010 Times Enough To Reach The Space Shutttle IN ORBIT as many as 281,010 TIMES Please Check My Math and send your comments PLEASE SEE For Calculation Tables !!! Thickness of a Dollar Bill http://hypertextboo k.com/facts/ 1999/DeneneWilli ams.shtml The Physics Factbook� Edited by Glenn Elert -- Written by his students An educational, Fair Use website topic index | author index | special index Bibliographic Entry Result (w/surrounding text) Standardized Result 95q01.html. Physics Zone. Ithaca High School. "The thickness of a dollar bill is closest to 10-4 m" 0.1 mm Collector's Formula. Bureau of Engraving and Printing. "Our present sized currency measures 2.61 inches wide by 6.14 inches long, and the thickness is.0043 inches." 0.11 mm Purkey, William W. & Stanley, Paula H. "Blue Leader One: A Metaphor For Invitational Education." Journal of Invitational Theory and Practice. 3, 1 (Winter 1994). "Stacked on top of each other, 20 billion cards, each with the thickness of a dollar bill, would stretch 5,428 miles into space." 0.44 mm Currency Counters. Change Exchange. "DHP 1-D Bank Note Counter � Thickness 0.12 mm x 0.6 mm" 0.12 - 0.60 mm Money, simply put, is what people use to buy things. It can best be described as anything agreed on to be accepted in exchange for things that have been sold or worked for. The first coins came about to assure the value of metal money. They were given set weights and stamped with designs so that their value would not be mistaken. The use of paper money developed in England during the 1600s. People back then stored their money with goldsmiths, who in return would give paper receipts worth the same value of their coined money. These receipts were accepted by businesses because with the receipt businesses were able to retrieve the payments from the goldsmiths. Modern day paper money is made by skillful engravers who cut the designs into steel plates. One engineer works on the portraits and another on the lettering. All other designs are taken care of by other engineers. The engraving goes to a transfer press, where it is squeezed against a steel roller and the design is pressed into the roller's surface. The design is then applied to a printing plate that is used to print the bills. To avoid counterfeiting the government uses paper and ink made by special processes to print the bills. The Bureau of Engraving and Printing guard the ink and paper under high security. Paper money in the United States has special characteristics including length, width, thickness, and physical design. The size of a dollar bill is 6.6294 cm wide, by 15.5956 cm long, and 0.010922 cm in thickness. Paper money is also equipped with printing plate identification number, number of federal reserve district where issued, year in which the bill was designed, seal and letter identifying Federal Reserve District where issued, serial number in two different places, and a treasury seal. Space Shuttle and International Space Station Source NASA at http://www.nasa. gov/centers/ kennedy/about/ information/ shuttle_faq. html#14 Q. How fast does a Shuttle travel? What is its altitude? How much fuel does it use? A. Like any other object in low-Earth orbit, a Space Shuttle must reach speeds of about 17,500 miles per hour (28,000 kilometers per hour) to remain in orbit. The exact speed depends on the Space Shuttle's orbital altitude, which normally ranges from 190 miles to 330 miles (304 kilometers to 528 kilometers) above sea level, depending on its mission. This is the SIZE of the Land Fraud banking and S&L Looting Mess Bill Clinton Says "Uh Durr " A Texas Red Flag Subdivision CON IS JUST Like YUP Ol Judson Witham Has It RIGHT Former Texas AG Mark White " Jim Hightower AGREES " A COLONIAS CON or a Texas or ARIZONA Land Fraud Says Former Texas AG Mattox I CONCUR "YES SIR" I AGREE ! YUP land CONS and S&L Looting go together like PB&J Webster Hubble LAND FLIPPING ILLEGAL SUBDIVISIONS For Fun and Illegal profits Texas AG Greg Abbot Says WITHAM IS ON TARGET Texas AG Morales YUP THE GIGS UP http://www.azcentra l.com/specials/ special01/ http://www.azcentra l.com/specials/ special01/ articles/ 0528bolles- overview. html http://www.azcentra l.com/arizonarep ublic/news/ articles/ 0123colonias0. html http://jeff. scott.tripod. com/donbolles. html Project Land Fraud CENSORED ?????? Land Fraud Land fraud in Cochise County ... Map. COCHISE COUNTY TREASURER'S PROJECT - LAND FRAUD. Every Arizona County and hundreds of thousands of trusting land purchasers were ... www.co.cochise. az.us/treasurer/LandFraud.htm - 18k - Cached Every Arizona County and hundreds of thousands of trusting land purchasers were victimized by the rampant land scams of the 1960's. Artist renditions showed trees and lakes with boating and all the modern facilities: streets, street lights, golf courses, a real piece of the American dream. The true picture was a section of dry Arizona deserts with no development whatsoever. Although Arizona has the reputation of being the worst in the nation, Florida was not far behind and many states had similar swindles take place during the same time period..... Land fraud, bankruptcy, murder, suicide, incarceration and greed surround the history of Cochise College Park subdivision. Located in Cochise County, consisting of 2 phases of 12 units totaling 8,647 lots, it was the worst fraud in the states and possibly the Nation. The scenic lake at Cochise College Park was filled several times but never would hold water. They sold lots throughout the Midwest, Florida, Canada, across the United States and around the world. Some lots were sold twice. Some mortgages were sold twice. Many documents remain unrecorded today. Some owners never received their deed. Some received deeds but never received satisfaction of their mortgage. Some paid mortgages in full and received satisfaction of the mortgage only to learn the mortgage was sold and the second sale never recorded. The original mortgage is still on record at the County Recorder's office. They paid on an unrecorded mortgage. This story was repeated in various degrees across the State creating tangled subdivisions with many unbuildable lots..... "Vickers, 58, was sentenced to five years in prison on Oct. 12, 1988, in Arizona for money laundering and conducting an illegal enterprise." The Missing Billions from TEXAS Banks and S&Ls Oliver North, Geroge H. Bush and IRAN CONTRA Note: See The Houston Post's Accounts Fund-raiser nets Bush's campaign $700,000 BILL MINTZ : Staff Richard Secord testified Tuesday that he met with a Bush aide to complain about the quality of spare parts being provided to the contras. 05/06/1987 ************ ********* ********* ********* ********* ********* ********* ********* ********* ****** Dear Mr. Harmon: In 1989 US District Judge James DeAnda in Houston Federal Court granted a discovery order in Witham vs. Montgomery County, Texas. That order was the result of ADMISSIONS by Texas State Officials that the Conroe Texas area of Montgomery County, Texas immediately North of the devastated Banking Center at Houston was the location of more than 600 Illegal Land Development Schemes nearly identical to those exposed by Don Bolles of Arizona (See IRE's Arizona Project) and the infamous land development cons of the Clintons and the McDougals in Arkansas. This discovery order was to produce the NAMES of the PRINCIPLES responcible for the LAWFUL Platting, Dedications of Rights of Ways and the BONDING and COMPLETION of the many, many BILLIONS worth of integral improvements construction ie streets, drainage, traffic control and acceptance of the SUBDIVISIONS into the STATE's Road and Street Progr ams (Acceptance Of The Construction By State Officials). The problem was getting Judge DeAnda and the 5th Circuit to uphold the OBVIOUS VICTORY in discovery we were able to achieve. The issue was connecting the DOTS or making the Connection and Proving a Common Nexus between STATE OFFICIALS and the OBVIOUS CROOKED LAND DEALERS and their FINANCIERS. The issue being a Civil and even Criminal Conspiracy amongst the LAND FLIPPERS and the County Officials even the County's Sheriff in the CRIMINAL ENTERPRIZES. The fact is Judge DeAnda refused to ENFORCE HIS OWN ORDER and well the 5th Circuit simply made up a HUGE PILE OF BULLSHIT in it's upholding the COVER UP that was Orchestrated by the State and Federal Government agencies such as HUD and even the Texas Real Estate Commission, Several State Attorney Generals and THE HOUSTON FBI. My point is very simple, the Assistant US Attorney "JA" Tony Canales AFTER LEAVING THE US ATTORNEY'S POST in Houston went after Mr. Robert L. Vickers in his new PRIVATE LAW PRACTICE. See the excerpts below from the Houston Chronicle. Fund-raiser nets Bush's campaign $700,000 BILL MINTZ : Staff Richard Secord testified Tuesday that he met with a Bush aide to complain about the quality of spare parts being provided to the contras. 05/06/1987 Reporter killing case reopened, but motive remains a mystery LARRY LOPEZ : Associated Press Bolles had left a note at his desk saying he was planning to meet him to discuss a land-fraud scheme involving high-level politicians. 12/03/1989 `Epidemic' of bank, S&L fraud cited/D.C. panel blaming insider misconduct for many failures JAMES DRUMMOND, BOB SABLATURA : Staff Insolvent banks are much less likely to be audited by an independent accountant than healthy banks. They are drawn away by higher salaries paid by banks. 10/14/1988 Fraud `epidemic' cited in bank, S&L failures JAMES DRUMMOND, BOB SABLATURA : Staff Insolvent banks are much less likely to be audited by an independent accountant than healthy banks. 10/14/1988 Northwest Bank and Trust shut down GREG STEINMETZ : Staff Northwest Bank and Trust is the 17th bank to fail in the Houston area this year. The biggest bank to fail was Western Bank-Westheimer, which had $290 million in assets when it toppled last October. 06/24/1988 Funds at more banks frozen in fraud case RAD SALLEE : Staff Investigator Clyde Wilson said he reached Vickers by phone in a Yuma, Ariz., prison, and Vickers told him his name is being used by others, but he is not involved in the scheme. 12/29/1989 $14 million frozen in lawsuit alleging mortgage fraud RAD SALLEE : Staff Zager said that attorney Whittle's signature is on the deeds of trust and that attorney Vickers' is on the title policy commitments. 12/23/1989 Government plans to double forces fighting thrift fraud BILL MINTZ, Houston Chronicle Washington Bureau : Staff Bank and savings and loan fraud cases are extremely labor intensive," Oncken said in a telephone interview. 12/08/1989 POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Investors mired in muddy mess of sub... CATHY GORDON : Staff With hindsight, Donald Clesson recognizes he was the perfect stool pigeon to take over development of the pothole-riddled Pinewood Village subdivision. 06/22/1987 Road woes continue/Neighborho od battles county over upkeep PAUL McKAY : Staff Such agreements are frequently negotiated with residents of red flag subdivisions, Winberry says. The problem goes a lot further than just this single subdivision. " 09/24/1989 Road repair delays rile residents PATTI MUCK : Staff The estimated cost of materials to bring the subdivision' s roads up to county standards is $150,000, Denham said. 09/21/1989 POTHOLES & PROMISES/Montgomery County's crumbling subdivisions/ Homeowners handle property woes CATHY GORDON : Staff Others - about 600 - are unrecorded or "red flag" subdivisions that do not meet county road and drainage standards and have no plats, or plans, filed. 06/21/1987 The VERY BOTTOM LINE is simple, Subdivision Development in the 20th Century was a HIGHLY REGULATED undertaking going back to the Lootings of the S&Ls and banks in the 1920s primarily in FLORIDA and TEXAS Land Development Speculation Cons which the US Secret Service, FBI and US Congress Fully Investigated in the 1930s. The ROBERT L. VICKERS SUED by Toney Canales in his PRIVATE PRACTICE, was IN FACT directly involved with the PINEWOOD VILLAGE CON which involved Western Bank Westheimer and a number of folks discussed by PETER BREWTON in his investigations into MONEY DEALS with Olliver North, Richard Secord and the IRAN CONTRA MISSILE deals and the ARMING of the Contras in Niceraugua. The Good The Bad & The Ugly Secord's - North's Enterprise YUP 60,626 TONS of $100 Bills The Great Texas Bank Job ( remember ? ) How Much Does The Looted 550 Billion Dollars Weigh In 100 Dollar Bills ABOUT 60,626 Tons Financier convicted in bank fraud/Beebe pleads guilty in connection with loan from failed thrift JAMES DRUMMOND : Staff Herman K. Beebe Sr., a Louisiana financier with longtime ties to Texas financial institutions, pleaded guilty and was convicted Friday of two counts of bank fraud. 05/03/1988 NATIONAL BRIEFS Houston Chronicle News Services A mistrial was declared in the federal loan fraud trial of former Shreveport millionaire Herman K. Beebe after the jury said it was hopelessly deadlocked. 10/06/1987 Louisiana trial may reverberate in Texas/Prosecutors say Beebe case may become part of federal probe... JAMES DRUMMOND : Staff Herman K. Beebe Jr., Beebe Sr.'s son, has been listed as a director of the bank for several years. Beebe's once-thriving group of companies now lies in disrepair. 09/06/1987 Regulators close Louisiana bank United Press International Another reminder of the collapsed financial empire of former Shreveport entrepreneur Herman K. Beebe fell Wednesday when state banking officials closed Pelican State Bank of Mansfield. 06/25/1987 The U.S. invasion of Panama/Noriega could unveil American secrets if he were to be tried NANCY MATHIS, Houston Chronicle Washington Bureau : Staff WASHINGTON - Deposed Panama Gen. Manuel A 12/31/1989 Hakim pleads guilty to misdemeanor in Iran-Contra case Houston Chronicle News Services About $8 million from the maze of companies operated by Hakim and his business partner, Richard Secord, remains frozen in Swiss bank accounts the two men formerly controlled. 11/22/1989 Hakim expected to plead guilty in Iran-Contra case Associated Press He is accused of conspiring with former business partner Richard Secord to set up a $200,000 fund for North's family. 11/21/1989 Reagan's Iran-Contra records are subpoenaed Houston Chronicle News Services Richard Beckler, Poindexter's primary attorney, said the order also authorizes him to subpoena Reagan as a witness at Poindexter's trial. 11/17/1989 Prosecutors pleased at Secord guilty plea ROBERT L. JACKSON : Los Angeles Times Richard V. Secord was hailed by prosecutors as closing an important chapter in their long investigation of the scandal. Sources said Secord's plea places Hakim under new pressure to enter a plea. 11/09/1989 Secord pleads guilty to charge of perjury Houston Chronicle News Services Secord's attorney, Thomas Green, objected to that portion of the government's evidence, saying Secord had not been involved in a cover-up. Hakim and Secord were the middlemen in U.S.-Iran arms sales. 11/08/1989 Iran-Contra case figure arranges plea bargain ROBERT L. JACKSON, RONALD J. OSTROW : Los Angeles Times Richard Secord have negotiated a plea bargain with federal prosecutors on the 12 criminal charges against Secord in the Iran-Contra case, it was learned Tuesday. 11/08/1989 Secord pleads guilty in deal Staff Richard Secord, a central figure in the Iran-Contra scandal, pleaded guilty today to a single perjury charge in a deal for his cooperation in the criminal investigation into the affair. 11/08/1989 Farewell to turbulent 10 years/It was a decade of dichotomies THOM MARSHALL : Staff Oliver North took the heat, proudly admitting his part in the crooked arms deals, but insisting he was following orders as a patriot. 12/31/1989 Laundering of drug money linked to bank and cartel MICHAEL ISIKOFF : Washington Post The agents soon were flying off to Europe to take instructions from senior BCCI officials. Awan, who had personally managed a secret $20 million BCCI account held by Panamian leader Gen. 10/30/1988 Bank just stumbled into money-laundering trap JEFFREY SCHMALZ : New York Times BCCI continued last week to make only brief comments. Agents said BCCI would transfer the money by wire through a New York bank to BCCI headquarters in Luxembourg. 10/16/1988 Bank indicted in plot to launder drug money Houston Chronicle News Services The bank, known as BCCI, had assets reported at $19.64 billion in London six months ago. The U.S. Attorney's Office in Tampa obtained a court order preventing the export of assets held by BCCI. 10/12/1988 Bank indicted in scheme owned by Arab families Houston Chronicle News Services BCCI said it had not knowingly been involved in drug traffic-related money laundering. BCCI has 400 offices employing 13,500 people in more than 70 countries. 10/12/1988 If you look into the WHY behind the PINK Slip Former US Attorney Henry Onken of HOUSTON GOT during the MASSIVE Bank and S&L Lootings in TEXAS, lots will come into focus for you !!! Nearly 10,000 Banks and S&Ls were CLOSED ! WITNESSES - BCCI Guvnah George W. Bush The Good The Bad & The Ugly Secord's - North's Enterprise YUP 60,626 TONS of $100 Bills The Great Texas Bank Job ( remember ? ) How Much Does The Looted 550 Billion Dollars Weigh In 100 Dollar Bills ABOUT 60,626 Tons Ah That PESKY Secret GUVMINT I Shredded That F'n DONOR LIST Hell Attorney General Ed Meeses was my LOOK OUT http://video. google.com/ videoplay? docid=3505348655 137118430 Yeah UGLY The Good The Bad & The UGLY Ollie WAS NOT KIDDING http://video. google.com/ videoplay? docid=3505348655 137118430 'Devastating' Bill Moyers Probe of Press and Iraq Coming This Week By Greg Mitchell Published: April 21, 2007 9:00 PM ET NEW YORK (Commentary) The most powerful indictment of the news media for falling down in its duties ......... YUP - have you seen that MISSING $ 550 Billion Lately http://www.editoran dpublisher. com/eandp/ news/article_ display.jsp? vnu_content_ id=1003574260 Falling Down On Their Duties Seems To Be A SERIOUS HABIT Fund-raiser nets Bush's campaign $700,000 BILL MINTZ : Staff Richard Secord testified Tuesday that he met with a Bush aide to complain about the quality of spare parts being provided to the contras. 05/06/1987

There are MILLIONS of  Witnesses

 

FROM 30 +  Years  Ago

Hapa1234 <at> aol.com wrote:
Aloha from Hawaii Judson:  Good show counselor!  You fogot to include the Denver Connection in Colorado {Norm Brownstein, Leanord Millman, Larry Mizel, Ken Goode, Michael Walters, Neil Bush, Gale Norton, aka, the Rock Mountain High – Siverado Gang, and the AIPAC links into Washington DC, via, the Texas Cowboys……Tom Delay, Karen Huges, and the Florida mob with Jeb Bush, Jack Abramoff, Karl Rove, and Bush 41.  The other slippery Hawaiian mongooses:  AIPAC associates….Ben Ginsberg, David Feith, Grover Norquest, Linda Lingle, Jann Wenner {Rolling Stone Magazine Publisher} and Sim Wenner {Simlac Baby Formula Fortunes}……also  ck out: {WENNER’S WORLD on the net} and a list of others…. .

If Witham was such a NUT, why in the Hell Did EVERY Texas Bank and S&L Collapse Again ??????

Houston Post Head:

LANDOWNERS FACE LONG, HARD BATTLE FOR ROAD REPAIRS

VICTIMS OF ‘SHYSTERS’ Date:

SUN, 3/30/1986
WILLIAM PACK, Post Reporter  Post photos  by Jerry Click

Dreams of paradise have been shattered for scores of Montgomery County landowners who face a seemingly never-ending struggle to obtain various public services.

“You really feel like you’re being abused,” said Tommy Gage.

Gage moved to a southwest Montgomery County subdivision four years ago only to find the roads there so bad that school buses were not allowed on them.

Vicki Burleigh, who lives at a mobile home subdivision in the southeast part of the county, said many residents have moved out because of poor roads, bad drainage, troublesome septic tank systems and uncaring neighbors who litter their property with junk.

“My husband doesn’t want to leave,” Burleigh said. “We had to clear the land and put in a lot of work out here. But I’d almost rather take a loss and start over somewhere else than get this place paid for in a few years and be living in a slum.”

Donna Meek, one of Burleigh’s neighbors in Pinewood Village, said her family’s move five years ago was part of a dream to get “farther out and have some room to breathe.”

“We love it out here,” Meek said. “We don’t want to move, but we may be forced to.”

Landowners with similar problems voice their complaints at almost every meeting of the Montgomery County Commissioners Court.

“We all pay county taxes and yet the county won’t do anything to keep the roads from tearing up my truck,” Gage contended.

But it appears the county’s attitude is changing.

Officials say the problems many of the landowners describe are the result of unscrupulous developers who never recorded plans for their subdivisions with the county.

“They would buy up some acreage, mark off a road, grade it and put a little gravel on it and say the county will take care of it,” said Precinct 1 Commissioner Oliver Hance. County Judge Jimmie C. Edwards III described such developers as “shysters who came in, did the deal, m ade some money and hooked it.”

By failing to have the development recorded, developers avoided requirements in effect since 1967 that stipulate, among other things, how roads should be built, what type of drainage studies should be done and when septic tanks are allowed.

Officials contend they have no authority to make improvements in unrecorded subdivisions where county building specifications have been ignored. They also concede there are more than 600 such subdivisions in the county.

“Can you believe that number?” asked the county’s new health director, Dr. Sydney Garrett.

He said drainage, sewage and septic tank problems can generate health hazards that should be addressed in any proposed remedy.

The focus of the county’s initial response will be poor roads, since officials said that is the problem most often identified by landowners.

Gage and other landowners said the roads have deteriorated despite their efforts to maintain them.

“My brother and I had a tractor and we tried to keep the roads up as best we could until times got hard and we had to sell the tractor,” said Johnny Thibodeaux, who lives in an unrecorded subdivision north of Splendora. “But grading the road doesn’t take care of the holes or clean out the ditches.”

If the roads are bad enough, buses, postal officials and at times garbage haulers will not come down them, landowners said.

“We’re on our fourth garbage hauler,” said Burleigh. “I assume they quit coming because of the roads . . . I imagine one of the reasons family doesn’t come visit anymore is because the roads are so bad.” Hance said landowners are perplexed when they learn the county can’t improve their substandard roads, noting that commissioners often have yielded to political pressure and provided such improvements.

“Commissioners did that in the past when the county h ad 40,000 people,” observed Precinct 2 Commissioner Carol Shelton. “But now, the county has grown so much and funding is so limited, you don’t see it anymore.”

Shelton said commissioners do not have enough money to keep existing county roads in proper shape. Adding improvement and maintenance costs on roads from unrecorded subdivisions would “penalize the rest of the citizens for the benefit of these few taxpayers,” Shelton said.

Others contend the county simply does not have enough money to improve all of the roads in unrecorded subdivisions, now estimated to cover some 450 miles.

Edwards said he is most interested in finding those developers “who misled their investors” by telling them roads and other facilities would be upgraded.

He contended the worst violations occurred in the 1960s and 1970s when the area economy was robust and land was cheap.

W.B. Etheridge, a real estate attorney in Conroe who has developed small subdivisions, said some landowners were victimized during those years by high- pressure salespeople who “made promises but never followed up on them.”

“That should never happen,” Etheridge said.

He and other developers contended, however, that in recent years, subdivision regulations have been honored.

It is primarily moderate-income families that were victimized by developers who never recorded their subdivisions, officials reported. They say solutions will take a long time to accomplish.
Cite As 698 S.W.2d 178

“Inadequately Developed Issues” The Understatement Of The Millenia

Du ROI urged that its rights had been violated, arguing tha t it had been singled out for unfair treatment. We think these issues were not adequately developed. They may be important as equitable defenses since the county sought equitable relief. The doctrine of balancing the equities and the doctrine of clean hands may become relevant. There was more than a scintilla of evidence to show that the father of a county-wide elected official was alleged to have developed an unrecorded subdivision as well as the husband of the secretary of the elected official. Further, reviewing the whole posture of the case, we perceive that the City of Conroe was a proper party to the litigation and may well have been a necessary party. R.V. King may be a necessary party also.

An order had been entered in this appeal concerning the problem of overburdening this record. That order was improvidently granted. It is set aside. We have examined the entire record.

See The Conroe Courier  “Red Flags List Reads

“Like Who’s Who In Montgomery County ”  LUCY PROCTOR

Note :The case Below Is But A DROP IN THE BUCKET involved in the Land Fraud, Financial Fraud and PUBLIC CORRUPTION associated with the Land Fraud and Banking and S&L DEBACLES in TEXAS

698 S.W.2d 178
Court of Appeals of Texas, Beaumont. La COUR Du ROI, INC., Appellant and Cross-Appellee,
v.
MONTGOMERY COUNTY, Texas, Appellee and Cross-Appellant.
No. 09 84 288 CV.
Aug. 29, 1985.
Rehearing Denied Sept. 18, 1985.
County brought action against developer of subdivision seeking injunctive relief and damages based on developer’s failure to comply with statutes, rules and regulations pertaining to subdivision development in the county, and developer pleaded for declaratory judgment and for relief. The 2nd and 9th District Court, Montgomery County, Bert H. Tunks, J., entered judgment that the county take nothing and that the developer take nothing as to any of its claims, and both parties appealed. The Court of Appeals, Brookshire, J., held that county and city had concurrent jurisdiction in supervision of subdivision of land outside corporate limits of city but within five-mile radius thereof.
Reversed and remanded.
West Headnotes

[1] KeyCite Notes

414 Zoning and Planning
414V Construction, Operation and Effect
414V(A) In General
414k236 Application to Persons or Places
414k236.1 k. In General. Most Cited Cases
(Formerly 414k236)

County had power to regulate developer in its acti vities and actions concerning subdivision of land, even though city annexed a one-foot wide strip of land, as subdivision was more than five miles outside of the regular, ordinary limits of the city. Vernon’s Ann.Texas Civ.St. arts. 974a, 6626a.

[2] KeyCite Notes

414 Zoning and Planning
414V Construction, Operation and Effect
414V(A) In General
414k236 Application to Persons or Places
414k236.1 k. In General. Most Cited Cases
(Formerly 414k236)

County and city had concurrent jurisdiction in supervision of subdivisions of land outside corporate limits of city but within five-mile radius thereof. Vernon’s Ann.Texas Civ.St. arts. 9 74a, 6626a.

[3] KeyCite Notes

361 Statutes
361VI Construction and Operation
361VI(A) General Rules of Construction
361k212 Presumptions to Aid Construction
361k212.6 k. Words Used. Most Cited Cases

There is presumption that legislature’s choice of words in statute is important and each and every word has significant meaning and purpose.

[4] KeyCite Notes

64 Bridges
64II Regulation and Use for Travel
64k29 k. Power to Control and Regulate. Most Cited Cases

200 Highways KeyCite Notes
200IX Regulation and Use for Travel
200IX(B) Use of Highway and Law of the Road
200k165 k. Power to Control and Regulate. Most Cited Cases

Commissioners court had ample authority and full power to do all things necessary to bring about and fully accomplish the objectives of grant of power to control and regulate roads and bridges in their county. Vernon’s Ann.Texas Const. Art. 5, § 18; Vernon’s Ann.Texas Civ.St. art. 2351.

[5] KeyCite Notes

414 Zoning and Planning
414XI Enforcement of Regulations
414XI(A) In General
414k762 k. Defenses to Enforcement. Most Cited Cases

Developer of subdivision, against whom county sought relief for failure of compliance with requirements pertaining to subdivision development in the county, was estopped equitably from arguing and urging that city had exclusive jurisdiction in five-mile extraterritorial zone, as developer did not at any time approach city or any of its officers or governing bodies concerning approval by the city of developer’s subdivision.

[6] KeyCite Notes

102 Costs
102VIII Attorney Fees
102k194.24 Particular Actions or Proceedings
102k194.40 k. Declaratory Judgment. Most Cited Cases
(Formerly 102k173(1))

Trial court did not abuse its discretion in denying attorney fees to developer under the Uniform Declaratory Judgments Act [Vernon’s Ann.Texas Civ.St. art. 2524-1] in action brought against developer by county seeking injunctive relief and damages based on developer’s alleged failure to comply with statutes, rules and regulations pertaining to subdivision development and in which developer pleaded for declaratory judgment that those statutes, rules and regulations were void, as trial court found it unnecessary to render any declaratory judgment respecting validity of statutes in controversy, and trial court found that it would not be equitable or just to award attorney’s fees. Vernon’s Ann.Texas Civ.St. art. 2524-1, § 10.

*179
(Cite as: 698 S.W.2d 178, *179)

C. Charles Dippel, Houston, for appellant.
Randall W. Morse, Houston, Steve Bickerstaff, Austin, for appellee.

OPINION
BROOKSHIRE, Justice.
Montgomery County (hereafter “County”) was plaintiff and cross-defendant in the trial court. La COUR Du ROI, INC., (hereafte r “Du ROI”) was defendant and cross-plaintiff below. County sought temporary and permanent injunctive relief and damages based on Du ROI’s failure to comply with statutes, rules and regulations pertaining to subdivision development in the County. Du ROI pleaded for a declaratory*180
(Cite as: 698 S.W.2d 178, *180)

judgment that those statutes, rules and regulations were void and unenforceable. Du ROI also pleaded for relief declaring the nature and extent of the County’s power, rights and jurisdiction concerning the subdivision, “The Wilderness”, as well as the rights and obligations of the parties under the statutes, rules and regulations concerning subdivisions. Du ROI additionally counterclaimed for damages under the Civil Rights Statute, 42 U.S.C.A. Sec. 1983 (West 1981), and for reasonable attorney’s fees in part under TEX.REV.CIV.STAT.ANN. art. 2524-1 (Vernon 1965 and Vernon Supp.1985), popularly known as the Unif orm Declaratory Judgments Act. Alternatively, Du ROI pleaded that the County had no power to regulate subdivisions within 5 miles of an incorporated city. In brief, County complained of Du ROI’s development of “The Wilderness”, an unrecorded subdivision of land. County contended that the counterclaim below involved solely the controversy between it and Du ROI regarding “The Wilderness”, attempting to defeat recovery of attorney’s fees under the Declaratory Judgments Act. Judgment was rendered that the County take nothing and that Du ROI take nothing as to any of its claims, including attorney’s fees. Both parties appealed.
Contentions on Voir Dire

To the venire panel the County announced its theory of the case. It contended that R.V. King’s corporation, La COUR Du ROI, INC., had sold subdivided tracts in Montgomery County to purchasers. King and his corporation had laid out roads either for public use or for the use of the owners in the subdivision, failing to make a proper plat or map of the same. County also contended that King had not obtained acknowledgements to the plat. He failed to file the plat. He failed to record the plat. The reason for these failures was that King had not met the requirements to make the plat recordable. He did not approach the Commissioners Court with his plans or plat.

The County said that those requirements were that he, King, provide adequate right-of-way for the roads; that he provide an adequate street cut; that he properly build the roads; adequate drainage should be provided. King had failed to give the Commissioners Court a bond to secure the performance by the subdivider. The County additionally contended that, if the subdivider had approached and communicated with the Commissioners Court, the plat would have been refused. The County ( THE STATE OF TEXAS ) maintained that he should have come to the Commissioners Court, complied with County’s rules and regulations, obtained approval and filed the plat before selling the parcels of land.

The trial attorney for Du ROI stated that the corporation was R.V. King’s and that King owned its stock. The defendant’s attorney stated that there were 500 unrecorded subdivisions in Montgomery County and that people who lived in some of these unrecorded subdivisions wanted better roads and maintenance. Du ROI’s attorney said that King’s name was on the list of about 36 or 37 people who had put on unrecorded subdivisions. He said the County did not want to accept the subdivision plat; yet, it wanted the roads improved at the developer’s expense.

The defense further contended that the County, for the first time in 1983-being about 7 years after inception of the subdivision-sent a letter to King saying that his corporation (as to “The Wilderness” subdivision) did not meet the county standards on roads and that King had not prepared a recordable subdivision plat. The defense also contended that the county wanted King and his corporation to file a subdivision plat with the Commissioners Court and improve the roads according to the 1980 subdivision rules, standards and regulations. The defense pointed out that the 1980 rules and regulations were adopted by the County after the subdivision was platted in 1976. Most of the tracts were sold by the end of 1978. The County also wanted a bond to insure performance.

It was explained that the corporation had a lawsuit against the County under the civil rights statutes. Basically, it was contended*181
(Cite as: 698 S.W.2d 178, *181)

that the County had no authority to make the demands that it was making in this litigation and that the corporation should recover attorney’s fees, plus a money award from the jury for violation of civil rights.

Du ROI purchased 1,140 acres of land from King. This acreage is located on and adjacent to the Egypt-Honea Road, a county road for many years. There was an oilfield road located on the tract. Several smaller roads were put in. From 1976 to 1978, the subdivision sold about 135 to 140 parcels. The defense lawyer conceded that King was in the business of subdividing land and that is what the corporation did. At the time of the trial King or his corporation still had about 40 of the original parcels of land. In each case, someone had contracted with Du ROI or King to purchase the title.

Some of “The Wilderness” subdivision was in the Lake Creek area. When Lake Creek rose some of the property was submerged and for sale signs appeared in substantial numbers. Voir dire was concluded.
Narrative of Background

The first witness was Robert V. King. He was, at the time of the trial, President of La COUR Du ROI, INC., a Texas corporation. He stated that it was a solvent corporation. King was also the President of Northlands, Inc., which was claimed to be the same as Du ROI. King owned all the shares in La COUR Du ROI, INC. He ran Du ROI. He could not remember the names of the vice-president or the secretary-treasurer. They did nothing, having no duties.

In November, 1974, Du ROI obtained title to a tract of land containing 1,140 acres. King stated the corporation divided that property into parcels to be sold to the public and that the development had been referred to as “The Wilderness” subdivision. He said nearly all the property was sold in 1977 or 1978. He testified that “The Wilderness” subdivision had roads but that they were not laid out for public use. He did collect a road maintenance fee for some years. It amounted to $2.50 per month per acre in the beginning. It was raised to $3.50. Later the maintenance of the roads was turned over to a Civic Club. At first road maintenance fees were sent either to King or the corporation. King admitted Du ROI laid out the roads for the purpose of the subdivision and that these roads were for the use of the lot owners in “The Wilderness”. King affirmed that. He also said the roads had been used by the Superior Oil Company and Hill Oil Company. King testified that the purchasers owned the roads. Du ROI had sold the property to each lot owner to the center line of the road. “The Wilderness” subdivision was for sale to the general public. He had a plat prepared of the subdivision to show to prospective purchasers, but only a few saw it.

County’s Exhibit No. 30 was introduced into evidence. It is a map showing the subdivision of the 1,140 acre tract, being certified to by Michael Case, a registered public surveyor, on January 12, 1976. The certificate is:

“I hereby certify that this is a true representation of a subdivision of the above tract as surveyed on the ground by me. All corners are shown both natural and artifical [sic] are as found or set by me at this date.”

Lake Creek was shown on County’s 30, as was the Egypt Road, being blacktopped. The map of the subdivision shows “Valley Wood Acres” adjacent to the north. King conceded that the Egypt-Honea Road was a public road and Du ROI subdivided land into lots straddling th at road. King examined a deed from Du ROI to James R. Vancourt which read in part:

“Tract One Hundred-Four (104) of the Robert V. King, a [sic] unrecorded subdivision of 1140.54 acres of land in THE ARCHIBALD HODGE Survey, A-18 of Montgomery County, Texas and more particularly described by metes and bounds as follows:” (Emphasis added)

Tract 104 was deep in the interior of the subdivision. Referring to certain covenants or restrictions on 104, he read:

*182
(Cite as: 698 S.W.2d 178, *182)

“12. ··· This land and the public road in front of this land shall be kept free of litter or trash.” (Emphasis added)

King said that he did not know if it was a public road or not and did not know if it had been a public road prior to the time he purchased the land. He maintained that it was a prior existing road that touched on two sides of Tract 104. King testified that the road had probably been in existence for 20, 30 or 40 years. His attorney had a picture that showed a gate across the road with a “Keep Out” sign. King conceded that he had laid out one or two roads for the use of the purchasers.

He further conceded that there existed between 130 and 145 legal instruments, involving either deeds or contracts for deeds, and that a good number of them were on file in the County Clerk’s office and that each contained the public road language or designation. County’s Exhibit 30, however, had not been filed or recorded in the County Clerk’s office and he had not sought in any manner to obtain the approval of the Commissioners Court prior to, or subsequent to, the sale of any of the tracts. He admitted that he had not made himself known to the Commissioners Court or to the County Clerk.

The subdivision was not used for residential purposes before 1975. After it was sold, however, the subdivision was restricted to residential use. Nor had King approached the government of the City of Conroe about the approval of the subdivision. King admitted that he did not have 32 feet of street cut or compacted subgrade on all the roads. King said some of the subdivision was in the flood plain. He also testified that the roads did deteriorate a good deal in wet weather especially if heavy trucks used them.

King testified that he did seek a permit from the Montgomery County Health Department. After the department examined the acreage, it determined that it was permissible to use septic tanks. Building permits were issued allowing septic tanks.
There are no street lights in the subdivision. King further testified that he did not intend to further plat the subdivision more than that already done, nor did he have any intention of further improving the roads nor of putting in drainage structures or improvements. He did not intend to tender a bond for performance. He had no intention of entering into any written contract with Montgomery County and a court order would be required to make him do so.

King changed the name for La COUR Du ROI, INC., to Northlands, Inc., by filing a name change with the County Clerk in Harris County. King thought that the land was within 5 miles of the City of Conroe and that, therefore, it was subject to the city’s jurisdiction. He said he never went to the city to have his map or plat approved by the city.
The Roads

King estimated about 18,000 linear feet of roads exist in “The Wilderness” that need to be maintained. The County c ontended that it would cost $15.00 per linear foot to construct these roads, thereby showing that it would cost $270,000 to properly complete those roads, but that only $405 a month was being collected for maintenance. King said he was willing to help on the maintenance through the Civic Club but that he was not willing to pay any money to the County to rebuild roads. He said he would not be willing to pay money to condemn the rights-of-way if the roads were private and classified as such.

One Foot Strip Annexation

The ordinance concerning the Conroe annexation along F.M. 1488 was called a spoke or strip annexation, having been passed in 1966. A large portion of that annexation was deannexed in March, 1976. King agreed he was still making contracts for deeds in 1977 and he had some repossessions in 1981 and 1982. At trial time he still had a number of deeds to make out; that is, the actual conveyances of the property, for the corporation.

The County Engineer

James D. Blanton, the County Engineer and Flood Plan Administrator for Montgomery*183
(Cite as: 698 S.W.2d 178, *183)

County testified. He was a professional engineer. The engineer proved up Exhibit 24 as the County’s 1980 regulations for subdivisions, drafted in the engineer’s office. Blanton testified that the County and his department were concerned with getting the subdivisions recorded so that they would know where the subdivisions we re within the county, especially with respect to the flood plain. Where the lot lines lie was important. The County was interested in the type of drainage work and construction that were done within the subdivisions. Another major concern was the road construction itself. The concern was that the roads should be constructed according to County’s standards so that the County would not have to spend the taxpayers’ money on subpar roads. The Engineer’s Office inspects the roads and the plat. These inspections are made in person by members of the engineering department.
The County’s Rules and Regulations

The 1967 rules required a 60′ right-of-way, with the surfaced, traveled roadway of 20′. Beneath the traveled portion were required 4 inches of compacted base. Each shoulder was required to be 6′ wide; the 20′ traveled part was to be a paved surface. These requirements were necessary because Montgomery County had an average of 53 inches of rain each year and the surfacing was required to keep the moisture out of the base materials so that the road would not deteriorate.

Blanton explained the 1980 requirements. The 60′ right-of-way and the shoulders remained the same in 1980 as they were in 1967. Another requirement was that the amount of the bond was changed from the $3.00 per linear foot in 1967 to $15.00 per linear foot in 1980. The 1980 regulations were based on public hearings and the experience of road failure with resulting potholes. Blanton testified that King had never come to the Engineer’s Office to offer this subdivision plat nor to offer a drainage plan for approval.

Flood Plain and Floodway

Blanton further testified that about 56% of the 1,140 acres of the subdivision was in the 100 year flood plain and that 30% a ctually lies within the floodway. He testified that the flood plain by definition is the area where a flood can be expected once every 100 years, or 1 chance in a 100 each year. The actual history of Montgomery County shows that it has experienced 100 year floods as frequently as three times in a given year. In layman’s language, the floodway is the area containing the swiftest and the most dangerous water within the flood plain. Usually the boundaries of floodways are on either side of a creek or a river. In the flood plain a person can obtain a type B building permit which requires a permittee to elevate the slab about the 100 year flood plain. But in the floodway, itself, the County will not issue a building permit of any kind for permanent structures.

Blanton had personally inspected the subdivision known as “The Wilderness”. He testified that some of the roads were basically impassable and that they did not meet the 1967 rules and standards of the county. He tes tified that most of the subgrade was not 32′ wide, meaning a 20′ roadway or travel way with 6′ shoulders. He said most of the roads in the subdivision appeared not to have had any base at all. Most of the bridge structures did not have railings and appeared to be inadequate in size to take care of the drainage. He further testified there was no hard surface on the roads that he was able to find during his inspection. Some of the roads were too narrow and would quickly deteriorate under use by heavy trucks. Some of the roads were too narrow for two opposing vehicles to pass. One road had but one lane. He testified that it would cost about $20.00 to $25.00 per linear foot to construct a road to county specifications. Later he said $12.00 to $15.00 per linear foot might be an overall average. Some of the roads needed both base and surface and would require widening and ditches.

*184
(Cite as: 698 S.W.2d 178, *184)

He said the 18,000 linear feet of roadway in the subdivision, at $15.00 per linear foot, would cost $270,000. But he testified there was probably more like 23,000 linear feet rather than 18,000 linear feet of roadways. The engineer estimated that 23,000 feet of roadway (60 feet wide) would amount to more than 30 acres of right-of-way. This acreage would cost about $3,000 per acre, totaling an additional $90,000. $90,000 would be needed for condemnation purposes as well as $270,000 to construct the roads to comply with the 1967 standards.

The en gineer testified that Montgomery County’s rules and regulations were less stringent than those of the City of Conroe in 1967. The engineer testified that most of the subdividers or developers cooperated with the county voluntarily but that Mr. King had not voluntarily cooperated in any way to bring “The Wilderness” subdivision up to standard. Blanton said King had never brought any subdivision plat into the County Engineer’s office.
Purchaser Vancourt

James Vancourt, 39, lived on Windmill Lane in “The Wilderness” subdivision. He purchased his lot in November, 1976, and paid an average of $2,850 an acre. He bought six acres; he had been paying a road maintenance fee. He understood King was to maintain the roads. He testified that King promised him an all weather road. He had talked to King personally on several occasions. Vancourt was on the road maintenance fund committee of the homeowners association. From his observation, the combination of heavy trucks and a good rain devastated the roads. He testified that there were between 3 1/2 and 4 miles of roads in “The Wilderness” subdivision, but only 1 mile was usable by school buses and mail carriers. He testified that there were 6 permanent homes in the subdivision.

Vancourt conceded that there was a sign on the road coming into the addition declaring it a private drive. When Vancourt bought his first tract, he was shown a plat. Vancourt expected access to his lot in all seasons. He did not expect that during a heavy rain his property would become unreachable. He testified the roads in 1976 and 1978 were maintained by King. Vancourt testified that he helped in handling the maintenance monies. He said these monies were not adequate to improve the roads, with about $1,900 that was on hand. He swore the maintenance fees were not adequate to maintain the roads in their present condition.

Purchaser Larry ThompsonENTER>

Larry Thompson is 48 and lives on Possum Hollow Road in “The Wilderness”. He purchased tract No. 72. He received two tax bills one year. He went to the tax office and found a change in his tract number. This occurred about three years after he bought tract 72. Later No. 116 was assigned to his tract. Both numbers applied to the same tract. He actually received two different tax bills. He bought a little over 5 acres and paid $3,200 an acre. He maintained that there was nothing in his contract about a road maintenance fee.

At the time Thompson bought his land there was no road to his tract. He had to walk to it. He asked the land agent how he was going to get to this property. The land agent showed him a plat showing a road easement to his land. The easement was going to be cleared for the Thompsons, resulting in an actual road to his tract. But until the day of the trial there was no road where the land agent had promised. Thompson said he was driving on the dirt. He claimed, on the day he testified, that there were puddles of water standing “clear across the road and it’s eight to ten inches deep.” He testified that the land agent said: “Well there’ll be a road big enough that you can get in and out year around with your car.” Thompson testified that several months after his purchase King called saying that he wanted to talk with Thompson. King explained that Thompson was driving in on a pipeline easement. King wanted to change that. King wanted to take a certain corner off the property and add a foot on the side. Thompson replied he had already registered his contract with the county and he *185
(Cite as: 698 S.W.2d 178, *185)

refused King’s request. He then questioned King about the need for the requested easement, especially a 60′ easement. He asked King: “Why do we need it?” Thompson sworn that King said: “Because the county says we have to have a sixty foot road easement when you’re in a subdivision.” (Emphasis added) Thompson maintained that there was no road to his property. He claimed that his tract number was changed from the original tract number on his lot and the road easement had been moved from where it was shown on the plat he received when buying his tract. Thompson maintained that King had afforded him only an easement which was placed on the top of a pipeline. He used it to drive into his property but he said it was not a road, stating: “It’s where the pipeline cuts trees down.” Thompson possessed a plat the sales man gave him at the time of his purchase. This plat was marked County’s 26.
The Foot Wide Strip Annexation

[1]  Du ROI argues that “The Wilderness” lies within 5 miles of Conroe’s limits. Hence, the County has no jurisdiction over it. Conroe annexed a foot wide strip of land along F.M. 1488. It appears the city did not and could not extend the usual utilities and municipal services as far along F.M. 1488 to a point approximately south of “The Wilderness”. A major purpose of TEX.REV.CIV.STAT.ANN. art. 974a (Vernon 1963) is to cause plats of subdivisions near or adjacent to cities to conf orm “to the general plan of said city” and its streets, parks, utility facilities, etc., with regard, inter alia, for extension of sewer, water mains and public utilities. Other important purposes of art. 974a simply vitiate and negate 1 foot strip annexations as being a basis for exclusive jurisdiction of the cities within a 5 mile radius. Conroe repealed most of this strip annexation in March, 1976. The repeal ordinance declared in relevant part:

“Section 1.: The Council finds that the strips of land hereinafter described are not suitable or necessary for City purposes, are uninhabited, and do not contain any property subject to taxation by the City.”

The City “de tached” all of the one foot wide strips along the north side of F.M. 1488, annexed by Ordinance 303, situated westerly of the west line of the Henry Proseus Survey. We are unwilling to hold the 1 foot strip annexation when considered with art. 974a -and its purposes-defeats the County’s jurisdiction in the 5 mile zone. “The Wilderness” is more than 5 miles outside of the regular, ordinary limits of Conroe. We perceive after the March, 1976, deannexation the remaining 1 foot strip was more than 5 miles from “The Wilderness” Many of the sales were after March, 1976. We hold the 5 mile zone rule does not apply to 1 foot strip annexations.

Article 6626a

The trial judge ruled that the statutes, county rules, and regulations were valid and constitutional but that before September 1, 1983, Montgomery County had no jurisdiction to regulate Du ROI in its activities and actions concerning “The Wilderness” subdivision and denied any injunctive relief. The County forcefully asserts this is error. We agree. We sustain the County’s Point of Error One and hold that the trial court’s ruling is reversible error. The trial judge also denied attorney’s fees to Du ROI.

Du ROI appeale d from the denial of declaratory judgment relief and from the refusal to grant attorney’s fees. The County appealed the judgment denying its power to regulate Du ROI before September 1, 1983. The Attorney General of Texas appeared and participated to defend the constitutionality of TEX.REV.CIV.STAT.ANN. art. 6626a (Vernon 1969).

[2]  Article 6626aONG>, as amended by the Acts of 1961, effective June 17, 1961, is a logical threshold statute. Article 6626a, as originally enacted in 1957, vested definite powers in the commissioners court concerning construction of streets or roads in subdivisions outside of corporate limits. The commissioners were also empowered to require adequate drainage in accordance with standard engineering practice as well as a *186
(Cite as: 698 S.W.2d 178, *186)

bond for performance. The 1957 enactment of art. 6626a provided that Home Rule cities could regulate and restrict subdivisions within a 5 mile radius of their corporate limits. But in that same statute the legislature also found that the re were no adequate laws giving supervision to subdivisions outside the corporate limits of a city.FN1 We hold that it was the legislative intent and, indeed, the legislative mandate that concurrent jurisdiction was granted to the counties and the cities in the supervision of subdivisions outside the corporate limits but within a 5 mile radius thereof.
FN1. Act of June 6, 1957 (55th Legislature), Ch. 436, sec. 7, 1957 Tex.Gen.Laws 1303.

The 1961 amendment to art. 6626a, in relevant part, simply provides that the Act, as amended, “does not limit the requirement of prior approvals of plats by cities”.FN2 We hold that a prior approval also contemplates a subsequent approval. The subsequent approval would necessarily be by the counties. Hence, the only logical, sound, deducible conclusion is that the counties must also have concurrent jurisdiction of subdivisions outside of ci ties. We so hold. This holding applies to art. 6626a as it existed in 1957 and after it was amended in 1961.

FN2. Act of June 17, 1961 (57th Legislature), Ch. 449, sec. 2, 1961 Tex.Gen.Laws 1023.

Article 6626a with the 1961 amendment dictates, in mandatory commandments, every owner of land who divides land in two or more parts in any subdivision outside the corporate limits, shall cause a plat to be made which shall accurately describe all of the said subdivision in detail. Further, such plat shall be duly acknowledged by the owners or some agent and shall be filed for record and be recorded in the office of the Count y Clerk. A bond shall be made conditioned that the owners will construct the roads according to County’s specifications. The commissioners court shall have the authority to refuse approval of substandard plats. The provisions of this article (art. 6626a) shall control and be effective (in case of conflict with other laws). These repetitive, mandatory, obligatory, affirmative, and dutiful “ shall ” provisions set out in Sections 1, 2, 3, 4, and 5 of art. 6626a , we find, clearly express the legislative intent. They empower the commissioners court with concurrent, mutual jurisd iction involving subdivisions outside city limits but within the 5 mile zone. We are compelled to this holding especially where, as here, the City had not acted, nor had been approached. Neither King nor Du ROI approached the City. Neither King nor Du ROI obtained the City’s approval of “The Wilderness”. King unequivocally admitted the same.

Article 6626a, as amended in 1961, and art. 974a, as amended in 1975 and 1981, are harmonious, compatible and complimentary when properly construed. They permit and, indeed, require that counties have concurrent jurisdiction with the cities concerning subdivisions outside the city limits but within the 5 mile zone. There is nothing in the language of either statute which indicates a legislative intent to create exclusive jurisdiction in the cities concerning subdivisions outside of their boundaries but within a 5 mile radius thereof. Article 974a addresses the needs of cities. Article 6626a addresses the needs of counties.

Rules of Statutory Construction

The paramount rule for statutory construction is set out clearly in Eddins-Walcher Butane Company v. Calvert, 156 Tex. 587, 298 S.W.2d 93 (1957), where the holding and rule was announced in the following language:

“Every word of a statute is presumed to have been used for a purpose, and a cardinal rule of statutory construction requires that each sentence, clause, phrase and word be given effect if reasonably possible···· This rule is not altered by the fact that the Legislature has not defined a particular word or phrase, and in the absence of such a definition the words of the enactment will usually be given their ordinary meaning····”

Generally laws relating to the same subject should be construed as though they were *187
(Cite as: 698 S.W.2d 178, *187)

incorporated in the same act. If these laws can be harmonized and effect given to each such law or article when so construed then there is no repeal by implication. Repeals by implication are not favored. We deem the proper construction of these statutes, arts. 974a, 6626a, and 662 6, is to harmonize them and give effect to each when it is reasonable to do so. We find it reasonable. Gordon v. Lake, 163 Tex. 392, 356 S.W.2d 138 (1962); see also Conley v. Daughters of the Republic, 106 Tex. 80, 156 S.W. 197, 157 S.W. 937 (1913). We quote from Conley, supra, 156 S.W. at page 201:

“··· hence, if repealed, it must be by implication, which is not favored. The two laws relate to the same subject, and should be considered as if incorporated into one act. If being so considered the two can be harmonized and effect given to each, there can be no repeal. Neill v. Keese, 5 Tex. 23, 51 Am.Dec. 746. ‘There [sic] statutes, being in pari materia, and relating to the same subject, are to be taken together and so construed, in reference to each other, as that[,] if practicable, effect may be given to the entire provisions of each. * * * Thus considered, there is no repugnancy between the provisions of these statutes. They may stand together, and effect may be given to the entire provisions of each. And thus to construe and give effect to them, is in accordance with the established rule of construction.’ Brown v. Chancellor, 61 Tex. 438 [sic].”

There is a separate opinion on the motion for rehearing in Conley v. Daughters of the Republic reported at 157 S.W. at page 937, and from the second opinion we quote:

“It is the duty of this court to so construe the laws that both can stand, if fairly susceptible of such construction.”

Our reasoning, we maintain, is harmonious with the reasoning in Trawalter v. Schaeffer, 142 Tex. 521, 179 S.W.2d 765 (1944). We have adhered to these rules of statutory construction in construing art. 974a, art. 6626 and art. 6626a and hold that under this record the Commissioners Court of Montgomery County was not divested of concurrent jurisdiction over “The Wilderness”. This holding is correct because art. 6626a was enacted in 1957 and amended in 1961; whereas, the last amendment to art. 6626 was enacted in 1951.

[3]  To construe these statutes otherwise would allow the undesirable results that have taken place in this case; namely, the replatting of parts of a subdivision, the renumbering of tracts in the subdivision without the consent of the owner and the rendering of duplicate ad valorem tax statements on the same tract of land for the same year. None of these could have been the intention of the Legislature. We cannot ignore the well-established presumption that when construing a statute the Legislature’s choice of words is important and each and every word has significant meaning and purpose. See Riverside Nat. Bank v. Lewis, 603 S.W.2d 169 (Tex.1980). See also Jessen Associates, Inc. v. Bullock, 531 S.W.2d 593 (Tex.1975).
Constitutional Grant of Power

TEX. CONST. art. V, sec. 18, in relevant part, provides:

“The County Commissioners so chosen, with the County Judge as presiding officer, shall compose the County Commissioners Court, which shall exercise such powers and jurisdiction over all county business, as is conferred by this Constitution and the laws of the State, or as may be hereafter prescribed.”

Following that constitutional grant of power the Legislature enacted TEX.REV.CIV.STAT.ANN. art. 2351 (Vernon 1971) which provides, in relevant part:

“Each commissioners court shall:

····

“6. Exercise general control over all roads, highways, ferries and bridges in their counties.” (Emphasis added)

[4]  No subdivider could thwart the constitutional grant of power or the consistent legislative intention to repose into the commissioners court the duties and authority to control and regulate the roads and bridges in their respective counties. In *188
(Cite as: 698 S.W.2d 178, *188)

construing TEX. CONST. art. V, sec. 18 with art. 2351, we hold that they conveyed to the commissioners court ample authority and full power to do all things necessary to bring about and fully accomplish the objectives of the grant of power. See Terrell v. Sparks, 104 Tex. 191, 135 S.W. 519 (1911). See also West v. Ellis County, 241 S.W.2d 344 (Tex.Civ.App.-Waco 1951, no writ). We find this clear holding in Terrell v. Sparks, supra, 135 S.W. at 521:

“··· For the rule of construction by which we are to be governed, we copy from Sutherland on Statutory Construction, sec. 341, as follows: ‘Whenever a power is given by statute, everything necessary to make it effectual or requisite to attain the end is implied. It is a well-established principle that statutes containing grants of power are to be construed so as to include the authority to do all things necessary to accomplish the object of the grant. The grant of an express power carries with it by necessary implication every other power necessary and proper to the execution of the power expressly granted. Where the law commands anything to be done, it authorizes the performance of whatever may be necessary for executing its commands.’ ”
Attorney Generals’ Opinions

Although we have carefully considered and weighed all of the attorney generals’ opinions that were submitted to us, we find them in conflict. They are certainly not harmonious. In view of this, there is added impetus on us to construe the relevant statutes anew and afresh. This we have done.

Equitable Estoppel

[5]  Since it is admitted by King, both for himself and his corporation, Du ROI, that he did not at any time approach the City of Conroe or any of its officers or governing bodies concerning the approval by the City of his subdivision, “The Wilderness”, and since, therefore, the City of Conroe never acted, nor was ever asked to act, nor was ever approached about the plat of the subdivision known as “The Wilderness”; therefore, we hold that R.V. King and his corporation are estopped equitably from arguing and urging that the City of Conroe had exclusive jurisdiction in the 5 mile extra-territorial zone.

Du ROI’s Attorney’s Fees

[6]  The trial judge committed no error when he refused attorney’s fees to La COUR Du ROI, INC. We think his action was correct in the first instance because he did not award La COUR Du ROI, INC., a judgment based on the Uniform Declaratory Judgments Act. Nevertheless, TEX.REV.CIV.STAT.ANN. art. 2524-1 (Vernon 1965 and Vernon Supp.1985) certainly reposes in the trial judge broad discretion in the matter of attorney’s fees. TEX.REV.CIV.STAT.ANN. art. 2524-1, sec. 10 (Vernon Supp.1985) provides as follows:

“In any proceeding under this Act [Declaratory Judgments Act] the Court may make such award of costs and reasonable and necessary attorney’s fees as may seem equitable and just.” (Emphasis added)

The trial judge’s judgment or final decree states, in relevant part:

“The Court further concluded that it is unnecessary to render any declaratory judgment respecting the validity of any of the statutes in controversy and that it would not be equitable or just to award attorney’s fees to Defendant. ···” (Emphasis added)

The statute requires the fees to be equitable and just in the mind of the trial court. Under this unusual record, the trial judge had ample reason and discretion to find that the awarding of attorney’s fees would not be equitable. Since injunctive relief was involved, the proceeding below was in equity. Under our blended system of law and equity, the court could and doubtlessly did apply the doctrines, either singularly or collectively, of clean hands, balancing the equities and other well-known and well-established cardinal principles of the equity practice. Under this entire record the trial judge, sitting as a chancellor in equity as the keeper of the *189
(Cite as: 698 S.W.2d 178, *189)

sovereign’s conscience, could and did properly deny Du ROI’s attorney’s fees . This same reasoning and rationale would apply as to whether the awarding of attorney’s fees would be just. The trial judge, well within his prerogative and discretion, decided that it would not seem equitable and just. We affirm the trial court’s action in denying the award of attorney’s fees to Du ROI.
Inadequately Developed Issues

Du ROI urged that its rights had been violated, arguing that it had been singled out for unfair treatment. We think these issues were not adequately developed. They may be important as equitable defenses since the county sought equitable relief. The doctrine of balancing the equities and the doctrine of clean hands may become relevant. There was more than a scintilla of evidence to show that the father of a county-wide elected official was alleged t o have developed an unrecorded subdivision as well as the husband of the secretary of the elected official. Further, reviewing the whole posture of the case, we perceive that the City of Conroe was a proper party to the litigation and may well have been a necessary party. R.V. King may be a necessary party also.

An order had been entered in this appeal concerning the problem of overburdening this record. That order was improvidently granted. It is set aside. We have examined the entire record.

Estoppel by Deed or Estoppel by Written Legal Instrument

We have examined in excess of 40 contracts for the sale of land, general warranty deeds, and conveyances. In virtually every one of these written legal instruments we find such language as:

“5. Furthermore, any mobile homes on this land will be kept concealed from passersby on the public road and from neighbors;

····

“12. ··· This land and the public road in front of this land shall be kept free of litter or trash.”

These “covenants and conditions are imposed as conditions running with the land on the property described ···” and are serious, written recitals, covenants and conditions. They, themselves, constitute strong, probative, primary evidence. These types of covenants and conditions have been characterized as a type of absolute estoppel. They arise from instruments of legal dignity; indeed, from the deeds, themselves, and from the contracts for the sale of land. Therefore, both King and La COUR Du ROI, INC., are firmly and finally estopped from taking the position that the roads in question are not public roads.

The learned, able trial court certainly committed reversible error in this regard. See Kimbro v. Hamilton, 28 Tex. 560 (1866); Havard v. Smith, 13 S.W.2d 743 (Tex.Civ.App.-Beaumont 1929, no writ); Elliott v. Langham, 60 S.W.2d 287 (Tex.Civ.App.-Waco 1933, no writ).

For the reasons, findings and holdings set out above, we reverse the judgment and remand the whole cause for a new trial on the entirety of the cause of action consistent and harmonious with this opinion. And as an additional, separate and independent basis for our decision, we reverse the judgment and remand the entire cause for a new trial because some of the important issues in the case were not adequately or fully developed. Having found reversible error, and as an additional, separate and independent basis for our decision, we reverse and remand in the interest of justice.

REVERSED AND REMANDED.

Tex.App. Beaumont 1985.
La Cour Du Roi, Inc. v. Montgomery County
698 S.W.2d 178

judson witham <jurisnot <at> yahoo.com> wrote:
“The individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists”.
J. Edgar Hoover, former head of the FBI

The GHOSTS of Pinewood Village

The Grand Daddy of all

Illegal “Red Flag”  land Developments in

The State Of Texas

The Arizona Connection !!!!

DON CLESSON and ROBERT L. VICKERS !

Every Arizona County and hundreds of thousands of trusting land purchasers were victimized by the rampant land scams of the 1960’s. Artist renditions showed trees and lakes with boating and all the modern facilities: streets, street lights, golf courses, a real piece of the American dream. The true picture was a section of dry Arizona deserts with no development whatsoever. Although Arizona has the reputation of being the worst in the nation, Florida was not far behind and many states had similar swindles take place during the same time period…..

Land fraud, bankruptcy, murder, suicide, incarceration and greed surround the history of Cochise College Park subdivision. Located in Cochise County, consisting of 2 phases of 12 units totaling 8,647 lots, it was the worst fraud in the states and possibly the Nation. The scenic lake at Cochise College Park was filled several times but never would hold water. They sold lots throughout the Midwest, Florida, Canada, across the United States and around the world. Some lots were sold twice. Some mortgages were sold twice. Many documents remain unrecorded today. Some owners never received their deed. Some received deeds but never received satisfaction of their mortgage. Some paid mortgages in full and received satisfaction of the mortgage only to learn the mortgage was sold and the second sale never recorded. The original mortgage is still on record at the County Recorder’s office. They paid on an unrecorded mortgage. This story was repeated in various degrees across the State creating tangled subdivisions with many unbuildable lots…..

“Vickers, 58, was sentenced to five years in prison on Oct. 12, 1988, in Arizona for money laundering and conducting an illegal enterprise.”

“V” asks

WHERE Oh WHERE IS THAT

$  500 BILLION  $

Missing From TEXAS !!!!!

To Mr. Mike McDougal, Montgomery County District Attorney ;

Montgomery County Commissioners,   Commissioners Court Judge Alan B. Sadler,  US Justice Department Assistant US Attorney Houston, US Secret Service H ouston (Agent Rick Willaims) Texas State Attorney general Gregg Abbott, FBI HOUSTON, Phoenix Arizona, Mr. Rad Sallee.

Donald Clesson, WB Etheridge’s , Thomas Eikel’s, WG Horne III partner

Robert L. Vickers  N>was an ORIGINAL PRINCIPLE in PINEWOOD VILLAGE in Pct 4 of Montgomery County.   It seems coming up with Slippery Loans and FALSIFIED TITLE INSURANCE (Eagle Title) was a very, very, very widespread CRIME during the S&L and Bank Looting Days.  Judson Witham has been RIGHT all along, AMERICAN TITLEINSURANCE you know Nelda Luce’s and Tim Herron’s Clients at Hope and Mayes , Judge Mayes’s Lawfirm !!! were IN ON THE FRAUD with Western Bank from the Git Go.

“Vickers, 58, was sentenced to five years in prison on Oct. 12, 1988, in Arizona for money laundering and conducting an illegal enterprise.”
WHERE Oh WHERE IS THAT 500 BILLION ??

FACT :   In taking over Charles Keating’s notorious Lincoln

Savings & Loan, the RTC acquired some $1 billion worth of

property, including plots for 17 Red Flag Subdivisions in

Texas, Arizona, Colorado, Florida and Louisiana. One of them

is the 20,000-acre Estrella Project in the desert 20 miles

southwest of Phoenix.  Although Lincoln invested $200 million

in preparatory work,  only three homesites have been sold. !!

except from article below !!

Paper: HOUSTON CHRONICLE
Date: SAT 12/23/1989
Section: A
Page: 17
Edition: 2 STAR

$14 million frozen in lawsuit alleging mortgage fraud B>

By RAD SALLEE
Staff

.

A federal judge here Friday agreed to freeze up to $14 million in South Texas bank deposits after a New York lender alleged that officials of five companies in Corpus Christi and Houston , including two lawyers, engaged in mortgage fraud.

A lawsuit by Pioneer Commercial Funding Corp. says the defendants created bogus documents to obtain funds from Pioneer, ostensibly to be reloaned to buyers of homes in Houston ‘s Runningbrook subdivision and elsewhere. Instead, it says, the money w as stolen.

The lawsuit accuses the defendants of racketeering, which allows the court to award triple damages if proven. Pioneer is seeking $14 million in actual damages and $42 million in punitive damages.

U.S. District Judge Kenneth Hoyt signed an order taking control of the deposits in two accounts held in the Bank of Robstown by Mortgage CreditCorp Inc. of Corpus Christi .

Pioneer’s attorney Steven Zager said he does not know how much money is in the accounts. He said Pioneer will go after any funds held by any of the defendants, but knows only of the two accoun ts in Robstown.

The list of 19 defendants is headed by William J. Cartwright Sr. of Corpus Christi , named as president and majority owner of Mortgage CreditCorp and two other companies there, The Cartwright Group Inc. and First State Investors Inc.

Other defendants in Corpus Christi are his sons, William Jr. and Robert H. Cartwright, and Veronica J. Cartwright, who are officers and stockholders in the three companies; Rosmare Saldivar and Melvin Smoots, officers of Mortgage CreditCorp and The Cartwright Group Inc.; William H. Whittle, an attorney and stockholder i n Mortgage CreditCorp; and James P. Page. The companies are also defendants.

The Houston defendants are John S. Pipkin, an officer and majority stockholder in Beau-Bay Development Corp. here; his brother Roger W. Pipkin III and his son Roger W. Pipkin IV, both officers and stockholders in the company; and three persons employed by C&P Realty here, attorney Robert L. Vickers, real estate appraiser Steven F. Thomae and Kelly Alan Wohlers.

Pioneer, a “warehouse lender,” advances funds to mortgage companies, which lend them in turn to home buyers. To obtain funds, a mortgage company sends Pioneer a package that includes the home buyer’s credit application, promissory note, deed of trust, property appraisal, title policy commitment and proof of insurance.

The lawsuit says Pioneer agreed to provide Mortgage CreditCorp up to $35 million for such loans, but sometime in 1989, the defendants began creating packages including “fictitious deeds of trust, counterfeit title commitments, fraudulent credit applications, phony appraisals and bogus insurance policies.’ The lawsuit says William J. Cartwright Sr. and others conspired to buy more than 90 vacant lots, most of them in R unningbrook, at foreclosure sales at bargain prices, then transferred the titles to Beau-Bay and C&P Realty.

Fraudulent packages for a number of fictitious buyers were prepared by other defendants, who presented them to Pioneer.

“Neither the houses nor the underlying mortgage transactions actually existed,” the lawsuit says. It says Pioneer lost at least $14 million as a result.

Zager said that attorney Whittle’s signature is on the deeds of trust and that attorney Vickers’ is on the title policy commitments.

The latter were on Stewart Title letterhead, but a Stewart official said the company did not provide them, Zager said. The title tracking numbers are assigned to Associated Title, but that company also disclaimed them, Zager said.

An affidavit made Tuesday by Wohlers’ fiancee, Leslie Ann Lehman, says she signed false loan documents for four homes at his request after he told her “it was all right.’ “I have never seen the property, did not purchase the property and these documents are false,” her affidavit says.

Page said he worked for Mortgage Credit for about six months and “warehoused mortgage loans with Pioneer,” but knows nothing about the alleged scheme. John S. Pipkin declined to comment until he sees the lawsuit, as did former U.S. Attorney Tony Canales of Corpus Christi, who represents The Cartwright Group. The other defendants could not be reached for comment.

http://www.canalessimonson.com/DynamicAttorneys.shtml?wldpid=2473629_1&mailpagename=ObfuscatedForm&p=yes

Past Employment Positions
•Southern District of Texas , U.S. Attorney, 1977 – 1980

Paper: HOUSTON CHRONICLE
Date: FRI 12/29/1989
Section: A
Page: 28
Edition: 2 STAR

Funds at more banks frozen in fraud case

By RAD SALLEE
Staff

.

A federal judge here Thursday froze accounts in four more banks at the request of attorneys in a lawsuit alleging a $14 million mortgage fraud scheme by companies and at least two lawyers in Houston and Corpus Christi .

U.S. District Judge Norman Black issued sealed orders to freeze defendants’ accounts in Memorial Bank and Texas Guaranty National Bank in Houston , Mason Road Bank in Katy and First National Bank Gulfway in Corpus Christi .

U.S. District Judge Kenneth Hoyt last Friday authorized freezing two accounts in the Bank of Robstown near Corpus Christi on request of the plaintiff, Pione er Commercial Funding Corp., a New York “warehouse lender” that advances money to mortgage companies for home loans.

The defendants allegedly prepared fraudulent loan application packages involving vacant lots in Houston ‘s Runningbrook subdivision and elsewhere, claiming they had 20-year-old homes on them.

Pioneer’s attorney, Steve Zager, said Thursday’s orders were sought from Black because Hoyt, whose court has the case, was out of town.

The defendant companies allegedly obtained loans from Pioneer by submitting bogus documents, including credit applications, promissory notes, deeds of trust, property appraisals, title policy commitments and proof of insurance. At least three potential witnesses have said they falsified such documents for a small fee or at a boyfriend’s request, Zager said.

The list of 19 defendants is headed by William J. Cartwright Sr. of Corpus Christi , named in the lawsuit as president and majority owner of Mortgage CreditCorp and two other companies there, The Cartwright Group Inc. and First State Investors Inc. SPAN>

Other defendants from Corpus Christi are Cartwright’s sons, William Jr. and Robert H. Cartwright, and Veronica J. Cartwright, who are officers and stockholders in the three companies; Rosmare Saldivar and Melvin Smoots, officers of Mortgage CreditCorp and The Cartwright Group Inc.; William H. Whittle, an attorney and stockholder in Mortgage CreditCorp; and James P. Page. The companies are also defendants.

The Houston defendants are John S. Pipkin, an officer and majority stockholder in Beau-Bay Development Corp. here; his brother Roger W. Pipkin III and his son Roger W. Pipkin IV, both officers and stockholders in the company; and three persons employed by C&P Realty here, attorney Robert L. Vickers, real estate appraiser Steven F. Thomae and Kelly Alan Wohlers.

The lawsuit accuses the defendants of racketeering, which allows the court to award triple damages if proven. Pioneer is seeking $14 million in actual damages and $42 million in punitive damages.

Zager said fede ral marshals served Black’s freeze orders Thursday after wire transfers were traced to the Houston area accounts from the Robstown accounts of Mortgage CreditCorp, which Hoyt had frozen. The latter turned out to contain about $300,000. Up to $14 million may be frozen if found.

Zager said the Mason Road account here is in the name of Vickers, who denies any connection with it. Zager said another attorney here withdrew about $10,000 from the account on Wednesday, emptying it.

Zager said Vickers, 58, was sentenced to five years in prison on Oct. 12, 1988, i n Arizona for money laundering and conducting an illegal enterprise.

Investigator Clyde Wilson said he reached Vickers by phone in a Yuma , Ariz. , prison, and Vickers told him his name is being used by others, but he is not involved in the scheme. Zager said Vickers’signature, provided by his wife here, does not match those on the allegedly bogus documents.

Zager said Robert Cartwright was sentenced in 1979 to 12 years in prison for misapplying funds, conspiracy and making false loan applications, but has been released.

Zager said First State Investors has accounts at Gulfway and Mason Road banks; C&P Realty has accounts at Gulfway , Texas Guaranty and Memorial; and Wohlers’ company, Inland Towing and Transportation, has accounts at Memorial.
“The individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists”.
J. Edgar Hoover, former he ad of the FBI

Austin Texas May 19th 1931
Texas Legislature –  House Bill 473  –  By Wenert et al

Passed  31  ayes to  O  nays

HB 473 –  Section 3   see former Texas Penal Code 1137h

The fact that many parties have delivered to purchasers deeds and contracts to real estate described according to some subdivision or resubdivision when in fact no such subdivision or resubdivision was of record  then or thereafter resulting in great confusion of titles and fraud to purchasers, and the fact that such practices will continue unless prohibited, creates an emergency and an imperative public necessity that the Constitutional Rule requiring bills to be read on three several days in each House be suspended,  and said rule is hereby suspended, and that this Act shall be in effect from and after its paaasge, and it is so enacted.

Witnessed by Edgar Witt President of the Senate

Sent to Enrolling Clerk May 19th 1931

contracts to real estate unambiguously and in plain English means ANY and ALL or Every Contract

The Cardinal Rule Of Statutory Interpretation applies and If Properly Parsed and ALL words within the enactment are given the ordinary meaning

Texas Penal Code 1137h and Article 6626c et al APPLY to ALL  CONTRACTS TO REAL ESTATE

Article 6626c, V.T.C.S. The provision provides:

Section 1. No party shall file for record or have recorded in the official records in the County Clerk’s office any map or plat of a subdivision or resubdivision of real estate without first securing approval therefor as may be provided by law, and no party so subdividing or resubdividing any real estate shall use the subdivision’s or resubdivision’s description in any deed of conveyance or contract of sale delivered to a purchaser unless and until the map and plat of such subdi vision or resubdivision shall have been duly authorized as aforesaid and such map and plat thereof has actually been filed for record with the Clerk of the County Court of the county in which the real estate is situated.

Sec. 2. Any party violating any provision of Section 1 of this Act shall be guilty of a misdemeanor and upon conviction thereof shall be fined in a sum not less than Ten Dollars ($10.00) nor more than Five Hundred Dollars ($500.00), or confined in the county jail not exceeding ninety (90) days, or both such fine and imprisonment, and each act of violation shall constitute a separate offense, and in addition to the above penalties, any violation of the provisions of Section 1 of this Act shall constitute prima facie evidence of an attempt to defraud. (Emphasis added).

This article was transferred from article 1137h of Vernon’s Penal Code by authority of section 5 of Acts 1973, 63rd Leg., ch. 399, at 995, enacting the new Penal Code.

A person may be prosecuted under article 6626c, V.T.C.S., in two separate circumstances. First, for the act of recording, and secondly, for the act of selling property making a reference to an unrecorded map or plat. In Attorney General Opinion M-390 (1969), this office held that the second circumstance makes a misdemeanor offense of a conveyance by a subdivider where the property description depends for its location upon reference to a subdivision plat which has not been duly authorized as provided by law and/or has not been filed for record. Use of the subdivision description is not cured by additional metes and bounds descriptions, which in themselves must rely upon the unrecorded plat for location of the property on the ground. (Emphasis added).
Former Texas Penal Code 1137h was the Codification of HB 473 of May 19th 1931    the Texas Legislature was  reacting to the MASSIVE Bank and S&L Lootings and Failures associated with MASSIVE TEXAS Land FRAUDS of the 1920s.  (These Massive Land Schemes also were rampant in FL ORIDA during the same period.  The FHLBB  and Later HUD enacted the Land Sales Registration Act   Texas AG  Greg Abbott   READ SECTION 3 of HB 473
Land Speculation

The favorite object of speculation in America before the era of big business was public land. Investors could buy it cheaply in large quantities and withhold it from market, if they had sufficient capital to carry it, until rising prices brought profits. Memories of high land values in the Old World and of the social prestige enjoyed by the possessor of broad acres produced in Americans an insatiable lust for land.

Land speculation began with the first settlements in America. The Virginia proprietors, disappointed at the meager returns from their investment, granted themselves great tracts of land from which they hoped to draw substantial incomes. Similarly, the Penns and Calverts in Pennsylvania and Maryland and the early proprietors of New York, New Jersey, and the Carolinas speculated in land in an imperial way. Later in the colonial period, a new crop of land companies composed of English and colonial speculators sought both title to and political control over great tracts in the MISSISSIPPI VALLEY. The Mississippi, the Georgiana, the Wabash, the Indiana, the Loyal, and the Ohio land companies attracted some of the ablest colonial leaders into their ranks, among them George Was hington, Richard Henry Lee, Benjamin Franklin, the Whartons, and George Croghan. The struggles of these rival companies for charters and grants played an important role in British colonial policy during the years before the Revolution.

The trival land claims of the colonies matched company rivalries. One of the most notable was the conflict between Connecticut and Pennsylvania for the Wyoming Valley, which Connecticut granted to the Susquehanna Land Company. In western Virginia, Richard Henderson and his Transylvania Company, which claimed title to a great tract received from the Indians, came into conflict with Virginia and were successful in receiving only a small part of the area confirmed to them.

Most influential colonials tried their luck at speculating, either through the land companies or on their own account. George Washington was a large landowner in Virginia, Pennsylvania, and the Ohio country; Rob ert and Gouverneur Morris, William Duer, Oliver Phelps, Nathaniel Gorham, and William Johnson acquired princely domains in Pennsylvania, New York, and Maine. The Morrises negotiated a number of large purchases and resold tracts to others; perhaps the largest of them went to the Holland Land Company. Dutch capitalists who bought the Holland Reserve in western New York and were busily engaged in settling it during the first third of the nineteenth century made up this company. In the meantime, speculators received parcels comprising most of upstate New York. Among the most prominent of the speculators were the Wadsworths of the Genesee country, John Jacob Astor, and Peter Smith, father of Gerrit Smith. These men, unlike Robert Morris, were able to retain their lands long enough either to resell at high prices or settle tenants on them.

The largest purchase and the most stupendous fraud was the sale in 1795 of 21.5 million acres of western lands in Yazoo River c ountry by the legislature of Georgia to four companies for one and one-half cents an acre. The next legislature canceled the sale, but the purchasers, frequently innocent third parties, waged a long fight to secure justice, claiming that the obligation of the contract clause in the federal Constitution prevented the Georgia legislature from reversing the original sale. The SUPREME COURT, in Fletcher v. Peck (1810), agreed with this interpretation. The Yazoo frauds became a cause célèbre in which John Randolph, Thomas Jefferson, John Marshall, and other notables took prominent parts.

Undeveloped Lands

When donations by states with western land claims created the public domain of the United States, speculative interests converged upon Congress with requests to purchase tracts of land north of the OHIO RIVERALL>. In fact, the land speculation craze was partly responsible for the adoption of the Northwest Ordinance of 1787, which set up a government for the ceded territory north of the Ohio. A group of New England capitalists known as the Ohio Company of Associates wished to buy a tract of land in southeastern Ohio for a New England settlement. To get the measure through Congress, it seemed necessary to enlarge the original project and to create a second organization, the Scioto Company, which consisted of members of Congress and other influential people who planned to buy some 5 million acres of land. The formation of the Scioto Company increased support for the enactment of the Northwest Ordinance, but the company itself was a failure because it could not fulfill its contract with the government. The Ohio Company of Associates did, however, succeed in planting a little New England outpost at Marietta on the Ohio River. In 1788 John Cleves Symmes of New Jersey also bought a la rge tract from Congress. These purchases virtually defeated the purpose of the Land Ordinance of 1785, which authorized the sale of land at $1.00 an acre, or a third more than the Scioto Company paid, and the Land Act of 1796, which raised the price to $2.00 an acre, because the speculators whom Congress had allowed to acquire large tracts of land at lower prices than were offered to individual settlers were able to undersell the government.

There were three land speculation periods after the creation of the public domain: 1817–1819, 1834–1837, and 1853–1857. Easterners such as Daniel Webster, Caleb Cushing, Edward Everett, Amos Lawrence, Moses and John Carter Brown, and James S. Wadsworth and southerners such as John C. Breckinridge, John Slidell, Eli Shorter, and William Grayson bought western lands in large quantities. Speculators again organized land companies, and they entered tracts embracing entire town-ships. The New York and Bost on Illinois Land Company acquired 900,000 acres in the Military Tract of Illinois; the American Land Company had estates in Indiana, Illinois, Michigan, Wisconsin, Mississippi, and Arkansas; and the Boston and Western Land Company owned 60,000 acres in Illinois and Wisconsin.

The Homestead Act of 1862 did not end land speculation; some of the largest purchases occurred after it was passed. William S. Chapman alone bought over 1 million acres of land in California and Nevada; Henry W. Sage, John McGraw, and Jeremiah Dwight, benefactors of Cornell University, entered 352,000 acres of timberland in the Northwest and the South; and Francis Palms and Frederick E. Driggs bought 486,000 acres of timberland in Wisconsin and Michigan. Not until 1889 did the federal government take effective steps to end large speculative purchases, and by that date it had parted with its best lands. At the same time, the canal and railroad land grants and the lands g iven to the states for drainage and educational purposes were also attracting a great deal of speculative purchasing.

The accumulation of vast quantities of land in advance of settlement created many problems for the West, some of which remain unsolved. The Indians lost their lands more rapidly than the needs of the population dictated, and more social control of westward expansion and land purchases might have prevented the frequent clashes between settlers and Indians. In some places, absentee proprietors who withheld large amounts of land from development while waiting for higher prices created “speculators’ deserts.” Settlers were widely dispersed because they could not find land at reasonable prices close to existing settlements. This settlement pattern consequently aggravated the problem of providing transportation facilities, and as a result of the importunities of settlers, developers built thousands of miles of railroads through sparsely settled coun try, which could provide but little traffic for the roads.

Nevertheless, the speculators and land companies were an important factor in the development of the West. Their efforts to attract settlers to their lands through the distribution of pamphlets and other literature describing the western country lured thousands from their homes in the eastern states and the countries of northern Europe to the newly developing sections of the West. They also aided in building improvements, such as roads, canals, and railroads, to make the life of the immigrant easier. Land speculators were often unpopular and regarded unfavorably in newly opened areas because they often left their holdings undeveloped. By contrast, local people, actively selling and improving their holdings and thus contributing to the growth of the town and country, were shown every favor, were popular, and were frequently elected to public office.

The land reform movement, with its corollary limitation of land sales, had as its objective the retention of the public lands for free homesteads for settlers. Beginning in 1841, new land acts, such as the Preemption Act (1841), the Graduation Act (1854), the Homestead Act (1862), the Timber Culture Act (1873), and the Timber and Stone Act (1878) restricted sales to 160 or 320 acres. Nevertheless, the cash sale system continued, although after 1862 very little new land became open to unrestricted entry, and large purchases were made only in areas previously opened to sale. Although reformers had tolerated the granting of land to railroads in the 1850s and 1860s, they later turned against this practice and began a move to have forfeited the grants unearned by failure to build railroads. In the midst of a strong revulsion against what were called “monopolistic” landholdings by railroads, cattle kings, and lumber companies in 1888– 1891, Congress adopted the Land Forfeiture Act of 1890, which require d the return of unearned grants to the public domain, and enacted other measures to end the cash sale system, to limit the amount of land that an individual could acquire from the government to 320 acres, and to make it more difficult to abuse the settlement laws. However, through the use of dummy entrymen and the connivance of local land officers, land accumulation continued.

Urban Property

Speculation in urban property was not so well structured as was speculation in rural lands, but investors widely indulged in it and found it subject to the same excesses in periods of active industrial growth and to a similar drastic deflation in values following the economic crises of 1837, 1857, 1873, and 1930–1933. During the boom years, prices for choice real estate in New York and other rapidly growing cities skyrocketed, only to decline when depression brought economic activity to a grinding halt. Old-line families made fortunes in New York, Philadelphia, and Chicago from swiftly rising real estate values. Among the parvenus, the best known is John Jacob Astor; the great wealth he accumulated enabled his family to rise to the top of the social ladder. With remarkable prescience, between 1800 and 1840, Astor invested $2 million, made from his trade with China and from returns in his land business, in land in Greenwich Village and elsewhere in Manhattan, but outside New York City limits. He acquired the fee simple to the land bought from Aaron Burr and George Clinton and took long-term leases on land from Trinity Church. After dividing the acreage bought from Clinton into blocks and lots, he waited until the demand rose and then began selling. His profit from these sales was substantial, but in later years he concentrated on granting long leases on his property. By his death, his rent roll alone was bringing in $200,000 annually. His estate, valued at from $18 million to $20 million, mostly invested in real estate that was rapidly appreciating, had made him the richest man in the country. In two successive generations, the family fortune, still concentrated in Manhattan real estate, increased to $50 million and $100 million. Other New York families were enjoying like successes in the burgeoning real estate market. The purchase in 1929 by John D. Rockefeller Jr. of a long-term lease from Columbia University for the 11-acre tract on which he built Rockefeller Center was the most spectacular real estate transaction up to that point. He was able to get an eighty-seven-year lease for a ground rent of $3.3 million a year. With other city property, this acquisition placed the Rockefeller family among the largest owners of New York property.

In every growing city, similar increases in land values occurred, to the profit of those whose families by wisdom or good luck acquired land early. In Chicago, for example, lots on State Street between Monroe and Adams climbed from $25 per front foot in 1836 to $27,500 in 1931, a depression year. The families of Potter Palmer, Walter L. Newberry, and George M. Pullman were representative of the new rich in the Windy City.

Each generation produced its new millionaires: those who had the foresight to buy land in promising urban centers when prices were low. The spendthrift lifestyle of the new millionaires and their children aroused resentment, especially among the followers of Henry George. To tax the unearned increment in rising land values for the social good, George proposed a single tax on land so that the enhanced value of land that stemmed from society’s growth would benefit the government directly. He also criticized the concentration of rural land ownership in a few hands, a situation most evident in California. Appropriately, George had his largest following in New York, where econom ic pressures had pushed up land values. To further his reforms, George offered himself as an independent candidate for mayor in New York in 1886. Without any party machine to fight for him and protect his interests at the polls, he still won 30 percent of the vote, against 41 percent for Tammany’s candidate and 23 percent for Theodore Roosevelt, the Republican candidate. By that time, George was the best-known economist in the country. Few people in America or Great Britain were unaware of his single-tax proposal and his strictures on the unearned increment that was creating so many millionaires.

For everyone who turned to land and tax reform there were several who tried to emulate, on a smaller scale, the achievements of the Astors, the Schermerhorns, and the Hetty Greens by getting in on the ground floor of promising municipalities. In some states, particularly Illinois, eastern Iowa, and Kansas, town-site promoters took up hundreds of qua rter sections of public land; laid out their blocks and lots; prepared alluring lithographed maps showing imagined buildings, factories, and homes; and peddled their towns, blocks, and lots in older communities that had long since given up the prospect of becoming miracle cities. Most of these dream cities never flourished, but a few, with aggressive leadership, managed to become the county seat, the territorial or state capital, or a railroad center, or managed to acquire the U.S. land office, a religious college, or a state university or other public institution. These few grew moderately.

Among the major promoters of towns and cities were the land-grant railroads, which created station sites every ten or fifteen miles along their routes and offered numerous advantages to persons and institutions for locating in the vicinity. The officers of the Illinois Central alone laid out thirty-seven towns in Illinois, and the transcontinental railroads created far more communities around their stations. In fact, the struggle of town promoters to bring railroads and state and federal institutions to their communities constitutes one of the central themes of western American history. Some of these once-flourishing cities or towns have become ghost towns; few have gone on to flourish and grow.

The United States did not accept Henry George’s view that profits from rising land values should be used for the public good, but it has increasingly sought to restrict property owners’ rights by zoning regulations in both rural and urban areas. The outstanding illustration of such action is New York State’s Adirondack Park Agency Act of 1971, intended to protect the wild character of the Adirondacks. The law curbs the creation of subdivisions with numerous small sites for second homes.

Bibliography
Feller, Daniel. The Public Lands in Jacksonian Politics. Madison: University of Wisconsin Press, 1984.
Gates, Paul Wallace. The Jeffersonian Dream: Studies in the History of American Land Policy and Development. Albuquerque: University of New Mexico Press, 1996.

Hyman, Harold M. American Singularity: The 1787 Northwest Ordinance, the 1862 Homestead and Morrill Acts, and the 1944 G.I. Bill. Athens: University of Georgia Press, 1986.

Oberly, James Warren. Sixty Million Acres: American Veterans and the Public Lands before the Civil War. Kent, Ohio: Kent State University Press, 1990.

Williams, Frederick D. The Northwest Ordinance: Essays on Its Formulation, Provisions, and Legacy. East Lansing: Michigan State University Press, 1989.
judson witham <jurisnot <at> yahoo.com> wrote:
Just Like Whitewater and Castle Grande, Stonebridge Ranch and Lake Of The Pines, etc. et al –  Spurious Land Deals used to ROB Banksand S&Ls / HUD , Defraud The Public and Finance Campaigns   ( sing to the tune,  Whitewater, Web Hubble Madison S&L , Hillary Clinton, Rose Lawfirm WESTERN BANK HOUSTON, AMERICAN TITLE INSURANCE  500 BILLION MISSING DOLLARS BLUES)

WHERE Oh WHERE IS THAT 500 BILLION ??

FACT :   In taking over Charles Keating’s notorious Lincoln Savings & Loan, the RTC acquired some $1 billion worth of property, including plots for 17 planned communities in Texas, Arizona, Colorado, Florida and Louisiana. One of them is the 20,000-acre Estrella Project in the desert 20 miles southwest of Phoenix. Although Lincoln invested  $200 million in preparatory work, only three homesites have been sold. !!   except from article below !!

Every Arizona County and hundreds of thousands of trusting land purchasers were victimized by the rampant land scams of the 1960’s. Artist renditions showed trees and lakes with boating and all the modern facilities: streets, street lights, golf courses, a real piece of the American dream. The true picture was a section of dry Arizona deserts with no development whatsoever. Although Arizona has the reputation of being the worst in the nation, Florida was not far behind and many states had similar swindles take place during the same time period…..

Land fraud, bankruptcy, murder, suicide, incarceration and greed surround the history of Cochise College Park subdivision. Located in Cochise County, consisting of 2 phases of 12 units totaling 8,647 lots, it was the worst fraud in the states and possibly the Nation. The scenic lake at Cochise College Park was filled several times but never would hold water. They sold lots throughout the Midwest, Florida, Canada, across the United States and around the world. Some lots were sold twice. Some mortgages were sold twice. Many documents remain unrecorded today. Some owners never rec eived their deed. Some received deeds but never received satisfaction of their mortgage. Some paid mortgages in full and received satisfaction of the mortgage only to learn the mortgage was sold and the second sale never recorded. The original mortgage is still on record at the County Recorder’s office. They paid on an unrecorded mortgage. This story was repeated in various degrees across the State creating tangled subdivisions with many unbuildable lots…..

See Ol “Kat” Woolford at:
SEE http://www.geocities.com/jurisnot The Great Texas Bank Job IT’s NO JOKE
Kat Woolford (BBA ’72) of Baton Rouge, La., has done a little bit of everything since graduation: exercised race horses, worked for the Liquidation Division of the FDIC, and served as an advisor to the Bank of Latvia and the National Bank of Romania.

CIA LIKE I SAID

http://www.uga.edu/~gm/1298/Notes2.html

http://www.usaid.gov/locations/europe_eurasia/mt/images/fsnl.pdf#search=’Woolford,%20FDIC&#8217;

http://www.findarticles.com/p/articles/mi_m1218/is_n23_v107/ai_n12428575
For sale by owner: junk real estate
US News & World Report, Dec 11, 1989 by Monroe W. Karmin

For the grab bag of less luxurious listings that constitute the bulk of the RTC po rtfolio – foreclosed homes, motels, shopping malls, office and apartment buildings, industrial parks and vacant land – the market seems even more forbidding. Still, plucky sales agents are rising to the challenge. “The roof dips a tudge on one side, the porch has a hole in it and there are termites,” admits Kat Woolford, who is hawking a $7,500, two-bedroom shack on a third of an acre in Tomball, Tex., north of Houston. “But it’s a cute hideaway.”
Arizona real estate for sale: For sale by ow ner: junk real estate

For sale by owner: Junk real estate

Just as Americans have grown used to the idea of junk bonds, a new financial bugaboo looms on the horizon: Junk real estate. Set in desirable communities, many of the properties now being jettisoned by insolvent savings and loan institutions seem to be paradise. But like the 9-acre swath of Long Island beachfront off the Texas Gulf Coast, spectacular vistas rarely live up to a developer’s dreams. Over half of the $400,000 Laguna Madre parcel lies underwater. There is no sewer hookup and no sea wall, and there are high fees to maintain a private bridge that connects the island with Port Isabel on the mainland. “It could all go underwater in a hurricane,” admits a spokesman for La Hacienda Savings Association in San Antonio, which holds the property.

Peddling Texas swampland is just one of the dirty jobs facing the Resolution Trust Corporation (RTC), the U.S. agency that opened sh op in early August to administer the coup de grace to sick thrifts. The mop-up has landed federal regulators in the same muck that mired the S&L industry: Thousands of white-elephant properties, most located in markets as soft as quicksand. The collection includes such exotica as a $900,000 equestrian center (reduced from $1.5 million) north of San Antonio, the $25 million StarPass golf-course community in Tucson, a historic bank building in Houston, a boarded-up lumberyard surrounded by wetlands near Tampa, Fla., 77 condominium units on the tip of Long Island, N.Y., and a 55 percent stake in the opulent $200 million Phoenician Resort in Scottsdale, Ariz. All told, RTC officials estimate they now must dispose of close to $16 billion worth of real estate currently on the books of 268 failed thrifts in 33 states.

Fool’s gold. Most of the properties will fetch pennies on the dollar’s worth of book value – if they can be unloaded at all. The 6-acre McCune Mansion in Paradise Valley outside of Phoenix is typical of the RTC’s daunting task. Built in the 1960s by oil tycoon Walker McCune for his young bride, the 53,000-square-foot house boasts numerous kitchens, a ballroom with an $80,000 chandelier, an Olympic-sized swimming pool and ice-skating rink, a theater, a darkroom, its own beauty salon, a 14-car garage and a guest house. Mrs. McCune refused to move in, and the pl ace saw a succession of owners, most recently Gordon Hall, cofounder of the Nautilus fitness company. RTC inherited the property when it took over the bankrupt Southwest Savings & Loan Association earlier this year. “There’s not a great market for 53,000-square-foot houses,” says Jack Lake, the RTC agent charged with finding a buyer.

For the grab bag of less luxurious listings that constitute the bulk of the RTC portfolio – foreclosed homes, motels, shopping malls, office and apartment buildings, industrial parks and vacant land – the market seems even more forbidding. Still, plucky sales agents are rising to the challenge. “The roof dips a tudge on one side, the porch has a hole in it and there are termites,” admits Kat Woolford, who is hawking a $7,500, two-bedroom shack on a third of an acre in Tomball, Tex., north of Houston. “But it’s a cute hideaway.”

The heat is on for the RTC to speed up its fire sale. The agency has three years to gather up al l the nation’s ailing S&L’s and seven years to dispose of acquired properties. Ideally, the feds would like to get rid of their sick thrifts as whole entities, bad real-estate investments and all. But most investors are interested only in the best assets, saddling the government with the white elephants. The longer the RTC hangs on to the losers, the higher the taxpayers’ tab, already estimated at $166 billion.

But the disposal process is being hindered by the fact that no one knows how much sour real estate the RTC will have to offer. An initial inventory of properties currently under its wing will not be completed until the end of this month. And that is just the beginning. Leonard Sahling, real-estate analyst for Merrill Lynch in New York, figures the government will wind up with at least a $50 billion portfolio when it actually takes over all the thrifts that now are technically insolvent. Others put the total at $100 billion as more S&L’s go belly up in the years ahead.

Nor can the RTC simply dump its holdings on the market wholesale. “Everything we have is for sale,” says Thomas Horton, the agency’s deputy director, “but everything is not for sale at any price.” The government is barred by law from selling its assets for less than 95 percent of fair market value in the six depressed states of the Southwest – Texas, Oklahoma, Arizona, Arkansas, Colorado and Louisiana – where about two thirds of the property is located. Still, “fair market value” is in the eye of the appraiser; Horton admits that properties that cannot be sold at 5 percent discounts will be “re-evaluated” until buyers are found.

The most promising properties in the RTC’s bag, mainly apartment and office buildings whose rents cover expenses, are sure to be snapped up by insurance companies, pension funds and other “deep pocket” investors. But such quality properties are in the minority. The largest proportion of the government’s holdi ngs consists of vacant land, a tough commodity to peddle in the Southwest and other overbuilt areas.

In taking over Charles Keating’s notorious Lincoln Savings & Loan, the RTC acquired some $1 billion worth of property, including plots for 17 planned communities in Texas, Arizona, Colorado, Florida and Louisiana. One of them is the 20,000-acre Estrella Project in the desert 20 miles southwest of Phoenix. Although Lincoln invested $200 million in preparatory work, only three homesites have been sold. Now the RTC’s agent, Mark Randall, is trying to figure out what to do with the property. “Vacant real estate has not fared well in the Arizona economy,” he observes sadly.

Other parcels may not draw buyers – no matter how attractive the price. “They’ll have to be plowed under to grow soybeans,” predicts Michael Aronstein, president of Comstock Partners, a New York investment firm. But while developers may sniff at many of the government’s offerings, inter est is cropping up in some surprising quarters. Conservationists already are picking through the pile of unwanted real estate for wildlife preserves and other ecologically valuable property. The Florida Keys Land & Sea Trust, for instance, paid $1.35 million for Crane Point Hammock, a 63 1/2-acre estate that was going to be turned into a resort before its developers went broke. Now, it is slated to become a nature center.

PHOTO : Museum piece. The Phoenician Resort in

PHOTO : Picture perfect. Houston’s historic Franklin National Bank will appear in “Dark Angel”

PHOTO : Scottsdale, Ariz., comes decorated with millions of dollars’ worth of sculpture

PHOTO : Castle keep. The McCune mansion near Phoenix has a 14-car garage, an ice rink and a ballroom with an $80,000 chandelier

COPYRIGHT 1989 All rights reserved.
COPYRIGHT 2005 Gale Group

Paper: HOUSTON CHRONICLE
Date: SUN 09/24/1989
Section: C
Page: 1
Edition: 2 STAR

Road woes continue/Neighborhood battles county over upkeep

By PAUL McKAY
Staff

GRANGERLAND – The way Linda Collins sees it, road service in the Pioneer Trails subdivision should be a simple matter of the county accepting responsibility.

Collins and other residents of the subdivision near Grangerland pay taxes to Montgomery County for services that include road maintenance. Therefore, the county owes it to the residents to keep the roads – some of which turn to mush in rain – maintained and passable, Collins says.

“It’s as simple as that,” she asserts.

But that, say county officials, is an oversimplification.

Pioneer Trails is one of the county’s 338 “red flag” subdivisions – unrecorded developments that have substandard roads – still entangled in a complex web.

The web was largely wea ved during booming economic times, from the late 1960s through the early 1980s, when the county’s population more than doubled. The county in those years had neither the manpower, nor admittedly always the willingness, to ensure that rural subdivisions were recorded and the roads built up to county standards.

And buyers seduced by the area’s beautiful country environment weren’t inclined to read the fine print on sales contracts to learn for sure if the county or the developer was responsible for long-term road maintenance.

The legacy of the boom is most evident on a Pioneer Trails road named Willowisp, which in one secluded area has deteriorated into more of a grassy trail than a roadway.

It was during the county’s boom-and-build frenzy that Collins, 44, and husband, Raymond, bought property on Springfield Road in Pioneer Trails. By 1979, roads in the subdivision had deteriorated to such an extent that Mrs. Collins and residents stormed the county barn of Precinct 4 Commissioner Albert “Bull” Sall as, demanding repairs.

Sallas acquiesced, patching Springfield Road in spite of the fact, he says, that it wasn’t really the county’s responsibility.

Yet Collins has preserved a newspaper clipping of the encounter at the county barn, where Sallas was quoted as telling the residents, “If you marry a woman with a child, you accept responsibility for the child.”

Collins sees the clipping as an admission from Sallas that he’s responsible for the roads, wryly noting that “the commissioner hasn’t taken very good care of the children.”

Sallas says he never promised the residents he’d maintain all of Pioneer Trails, despite Collins’ claim to the contrary. In addition, he notes that the off ices of the district and county attorneys in recent years have tied his hands in legal knots, precluding him from working on roads that aren’t rightfully county property.

“They can send me to the penitentiary if I just go out and fix any old road,” he says.

Sallas and Commissioners Court in 1982 accepted a portion of Springfield Road into its maintenance system, leaving it with a fresh, black-topped surface that’s been well maintained. That portion was accepted largely because it was already in “reasonable compliance” with county standards, Assistant County Attorney Marc Winberry says.

The portion that fronts the Collins property was not in such good shape and consequently was not accepted, the attorney says.

After years of steady deterioration, despite the frequent patchwork done by Sallas, the stretch of road fronting the Collins house became so shoddy – and so hard on a mail carrier’s Jeep – that the postal service last month threatened to cut off delivery to Collins and 50 other residents whose mailboxes line the street.

Outraged by the potential loss of mail service, Collins protested to county officials, who recommended that she petition for the road to be accepted by prescription – a sort of squatter’s rights process that allows a private road to become public after 10 years of continuous public use. IV>
Commissioners Court approved the petition earlier this month and Sallas has since blacktopped the remainder of Springfield Road.

But Collins, though appreciative of the smooth new pavement in front of her house, is unappeased. The county, she says, still owes it to residents of the subdivision’s back areas – where Willowisp and two other roads are in wor se shape than Springfield ever was – to upgrade those streets and keep them maintained, too.

Sallas and the other county officials say they’ll do whatever is economically feasible to upgrade the roads to some degree of higher standards, even though it could be an expensive undertaking.

“The remaining roads have no base and no ditches and would require a considerable amount of work,” County Engineer Don Blanton recently told commissioners.

County officials say the residents may have to consider an agreement whereby the residents would pitch in money or materials and the county would provide the equipment and labor for the road improvements. Such agreements are frequently negotiated with residents of red flag subdivisions, Winberry says.

But Collins isn’t amenable such a proposal.

“That would be double taxation,” she says. “It’s the principle of the thing. These people pay road taxes just like everybody else and are not getting anything for it. They deserve roads that are just as decent as the ones that taxpayers in the rest of the subdivision get.”

Blanton, however, notes that county taxes go to other services besides road maintenance.

“Taxes go for law enforcement, to the health department and a lot of things. Road maintenance is one thing, but that’s actually a fairly small percentage of total taxes,” he says. “If you choose to live inside a city in Montgomery County, you don’t get the road maintenance for your county tax dollars.

“I’m not trying to minimize the fact that those people (in Pioneer Trails) have a road problem. They have a problem we can relate to because we see it every day. The problem goes a lot further than just this single subdivision.”

Sallas s ays the Pioneer Trails developer, Kap, Inc., of Houston, should be held liable for improving the roads if at all possible, he says.

Winberry says the developer already has denied liability for the subdivision, but that the county hasn’t ruled out the possibility of suing the company.

The county attorney’s office in recent years has aggressively pursued developers of red flag subdivisions through litigation, forcing many to bring substandard streets up to snuff. The office last year alone recovered $100,000 from developers in agreements reached outside of litigation, Winberry says.

Until an agreement can be hashed out in the Pioneer Trails case, some of the residents there will have to live with the bumps and muddy messes that leave their vehicles in disrepair.

“Pioneer Trails is probably one of the worst examples of an unrecorded subdivision,” Winberry says. “But it’s by no means unique.”

ENFORCEMENT <enforcement <at> sec.gov> wrote:
Dear Mr. Witham:
Thank you for your recent e-mail to the group electronic mailbox of the Division of Enforcement at the United States Securities and Exchange Commission in Washington, D.C. We appreciate yo ur taking the time to write to us. This automated response confirms that the Division of Enforcement has received your e-mail. You can rest assured that an attorney in the Office of Internet Enforcement will review your e-mail promptly.

We are always interested in hearing from members of the public, and you may be assured that the matter you have raised is being given careful consideration in view of the Commission’s overall enforcement responsibilities under the federal securities laws. It is, however, the Commission’s policy to conduct its inquiries on a confidential basis — so this may be the only response that you receive. If your complaint is more in the nature of a consumer complaint (such as a dispute with your broker or a problem with your brokerage or retirement account), you should contact our Office of Investor Education and Assistance — they may be able to help you. You may reach the Office of Inves tor Education and Assistance via telephone at (202) 551-6551or through the Web at HYPERLINK “http://www.sec.gov/complaint.shtml”www.sec.gov/complaint.shtml.

The Commission conducts its investigations on a confidential basis to preserve the integrity of its investigative process as well as to protect persons against whom unfounded charges may be made or against whom the Commission determines that enforcement action is not necessary or appropriate. Subject to the provisions of the Freedom of Information Act, we cannot disclose to you any information which we may gather and we cannot confirm to you the existence or non-existence of an investigation, unless made a matter of pub lic record in proceedings brought before the Commission or in the courts.

If you are unsure where you should direct your inquiry or you want to learn more about how the SEC handles inquiries and complaints, please visit the SEC Complaint Center at HYPERLINK

http://www.sec.gov/complaint.shtml”www.sec.gov/complaint.shtml.

Should you have any additional information or questions pertaining to this matter, please feel free to communicate directly with us at HYPERLINK “mailto:enforcement <at> sec.gov”enf orcement <at> sec.gov.

We appreciate your interest in the work of the Commission and its Division of Enforcement.
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United States Securities & Exchange Commission

“www.galvan.org” <galvanhouston <at> yahoo.com> wrote:

“galvan <at> myway.com” <galvan <at> myway.com> wrote:
To: galvanhouston <at> yahoo.com
Subject: FW: Fwd: Clinton Associates
From: “galvan <at> myway.com”<galvan <at> myway.com>
Date: Mon, 29 Jan 2007 19:02:19 -0500 (EST)

No banners. No pop-ups. No kidding.
Make My Way your home on the Web – http://www.myway.com Date: Mon, 29 Jan 2007 10:53:29 -0800 (PST)
From: Barbara Lukas <buzzardroost28 <at> yahoo.com>
Subject: Fwd: Clinton Associates
To: Anna Barron <annasbarron <at> hotmail.com>, John Burkholder <JMB1PHX <at> aol.com>,
Liz Day <ecday <at> houston.rr.com>, Diana Deen <dcmdeen <at> aol.com>,
Marie Florek <florek464 <at> bellsouth.net>,
bonny freeman <bonny <at> houston.rr.com>, Jimmi Galvan <galvan <at> myway.com>,
Sandy Mansel <aztanc <at> aol.com>, RoseAnn McCamey <g497love <at> aol.com>,
Virginia L Moherek <virgaam3 <at> sbcglobal.net>, Rose Schwin <rocknut2 <at> aol.com>,
Jim Ware <jlware <at> hotmail.com>

Note: forwarded message attached.
____________________________________________________________________________________
Do you Yahoo!?
Ev eryone is raving about the all-new Yahoo! Mail beta.
http://new.mail.yahoo.comFrom: “G Bennett” <bennett.g1 <at> sbcglobal.net>
To: “Barbara Lukas” <buzzardroost28 <at> yahoo.com>
Subject: Clinton Associates
Date: Sun, 28 Jan 2007 08:16:35 -0600
Just a quick refresher course lest we forget what has
happened to many “friends”of the Clintons.

1-James McDougal – Clinton’s convicted Whitewater partner
died of an apparent heart attack, while in solitary
confinement. He was a key witness in Ken Starr’s
investigation.

2 -Mary Mahoney – A former White House intern was murdered
July 1997 at a Starbucks Coffee Shop in Georgetown. The
murder happened just after she was to go public with her
story of sexual harassment in the White House.

3- Vince Foster – Former White House councilor, and
colleague of Hillary Clinton at Little Rock’s Rose Law
firm. Died of a gunshot wound to the head, ruled a suicide.

4- Ron Brown – Secretary of Commerce and former DNC
Chairman. Reported to have died by impact in a plane
crash. A pathologist close to the investigation reported
that there was a hole in the top of Brown’s skull
resembling a gunshot wound. At the time of his death Brown
was being investigated, and spoke publicly of his
willingness to cut a deal with prosecutors. The rest of the
people on the plane also died. A few days later the air
Traffic controller commited suicide.

5- C. Victor Raiser II- Raiser, a major player in the
Clinton fund raising organization died in a private plane
crash in July 1992.

6-Paul Tulley – Democratic National Committee Political
Director found dead in a hotel room in Little Rock,
September 1992. Described by Clinton as a “Dear friend and
trusted advisor”.

7-Ed Willey – Clinton fund raiser, found dead November 1993deep in the woods in VA of a gunshot wound to the head.
Ruled a suicide. Ed Willey died on the same day his wife
Kathleen Willey claimed Bill Clinton groped her in the oval
office in the White House. Ed Willey was involved in several
Clinton fund raising events.

8-Jerry Parks -Head of Clinton’s gubernatorial security team
in Little Rock.
Gunned down in his car at a deserted intersection outside
Little Rock. Park’s son said his father was building a
dossier on Clinton. He allegedly threatened to reveal this
information. After he died the files were mysteriously
removed from his house.

9-James Bunch – Died from a gunshot suicide. It was reported
that he had a “Black Book” of people which contained names
of influential people who visited prostitutes in Texas and
Arkansas.

10-James Wilson – Was found dead in May 1993 from an
apparent hanging suicide. He was reported to have ties to
Whitewater.

11-Kathy Ferguson- Ex-wife of Arkansas Trooper Danny
Ferguson, was found dead in May 1994, in her living room
with a gunshot to her head. It was ruled a suicide even
though there were several packed suitcases, as if she were
going somewhere. Danny Ferguson was a co-defendant along
with Bill Clinton in the Paula Jones lawsuit. Kathy Ferguson
was a possible corroborating witness for Paula Jones.

12-Bill Shelton – Arkansas State Trooper and fiancee of
Kathy Ferguson. Critical of the suicide ruling of his
fiancee, he was found dead in June, 1994 of a gunshot wound
also ruled a suicide at the grave site of his fiancee.

13-Gandy Baugh – Attorney for Clinton’s friend Dan Lassater,
died by jumping out a window of a tall building January,
1994. His client was a convicted drug distributor.

14-Florence Martin – Accountant &sub-contractor for the CIA
, was related to the Barry Seal Mena Airport drug smuggling
case. He died of three gunshot wounds.

15- Suzanne Coleman – Reportedly had an affair with Clinton
when he was Arkansas Attorney General. Died of a gunshot
wound to the back of the head, ruled a suicide. Was
pregnant at the time of her death.

16-Paula Grober –  Clinton’s speech interpreter for the deaf
from 1978 until her death December 9, 1992. She died in a
one car accident.

17-Danny Casolaro – Investigative reporter. Investigating
Mena Airport and Arkansas Development Finance Authority. He
slit his wrists, apparently, in the middle of his
investigation.

18- Paul Wilcher – Attorney investigating corruption at Mena
Airport with Casolaro and the 1980 “October Surprise” was
found dead on a toilet June 22, 1993 in his  Washington DC
apartment. Had delivered a report to Janet Reno 3 weeks
before his death.

19-Jon Parnell Walker – Whitewater investigator for
Resolution Trust Corp. Jumped to his death from his
Arlington, Virginia apartment balcony August15, 1993. He
was investigating the Morgan Guaranty scandal.

20-Barbara Wise – Commerce Department staffer. Worked
closely with Ron Brown and John Huang. Cause of death
unknown. Died November 29, 1996. Her bruised, nude body was
found locked in her office at the Department of Commerce.

21-Charles Meissner -Assistant Secretary of Commerce who
gave John Huang special security clearance, died shortly
thereafter in a small plane crash.

22-Dr. Stanley Heard – Chairman of the National Chiropractic
Health Care Advisory Committee died with his attorney Steve
Dickson in a small plane crash. Dr. Heard, in addition to
serving on Clinton’s advisory council, personally treated
Clinton’s mother, stepfather and brother.

23-Barry Seal -Drug running pilot out of Mena Arkansas,
death was no accident.

24-Johnny Lawhorn Jr. – Mechanic, found a check made out to
Bill Clinton in the trunk of a car left at his repair shop.
He was found dead after his car had hit a utility pole.

25-Stanley Huggins – Investigated Madison Guaranty. His
death was a purported suicide and his report was never
released.

26- Hershell Friday – Attorney and Clinton fund raiser died
March 1, 1994 w hen his plane exploded.

27-Kevin Ives &Don Henry – Known as “The boys on the track”
case. Reports say the boys may have stumbled upon the Mena
Arkansas airport drug operation. A controversial case, the
initial report of death said, due to falling asleep on
railroad tracks. Later reports claim the 2 boys had been
slain before being placed on the tracks. Many linked to the
case died before their testimony could come before a Grand
Jury.

THE FOLLOWING PERSONS HAD INFORMATION ON THE IVES/HENRY
CASE:

28-Keith Coney – Died when his motorcycle slammed into the
back of a truck, 7/88.

29-Keith McMaskle – Died stabbed 113 times, Nov, 1988.

30-Gregory Collins – Died from a gunshot wound January 1989.

31-Jeff Rhodes – He was shot, mutilated and found burned in
a trash dump in April 1989.

33-James Milan – Found decapitated. However, the Coroner
ruled his death was due to “natural causes”.

34-Jordan Kettleson – Was found shot to death in the front
seat of his pickup truck in June 1990.

35-Richard Winters – A suspect in the Ives / Henry deaths.
He was killed in a set-up robbery July 1989.

THE FOLLOWING CLINTON BODYGUARDS ARE DEAD:
36 -Major William S. Barkley Jr.
37-Captain Scott J . Reynolds
38-Sgt. Brian Hanley
39-Sgt. Tim Sabel
40-Major General William Robertson
41-Col. William Densberger
42-Col. Robert Kelly
43-Spec. Gary Rhodes
44-Steve Willis
45-Robert Williams
46-Conway LeBleu
47-Todd McKeehan

Quite an impressive list! Pass this on. Let the public
become aware of what happens to friends of the Clinton’s!

HILLARY FOR PRESIDENT?

goofy

SURELY YOU JEST !!

From 2005 …..  12  Years  Ago

Fwd: [alfranken] “God’s Bankers My Ass” , Shady Deals, Bank and Wall Street Looting, Black Ops
To: tax.help@cpa.state.tx.us
CC: texas.comptroller@cpa.state.tx.us, ombudsman@cpa.state.tx.us, WebFileHelp@cpa.state.tx.us, exempt.orgs@cpa.state.tx.us, ptd.cpa@cpa.state.tx.us, statewide.accounting@cpa.state.tx.us, open.records@cpa.state.tx.us, fiscal.notes@cpa.state.tx.us, wosg@cpa.state.tx.us

The DEVIL is in the TAX RECORDS for the Rights Of Ways at the THOUSANDS of Illegal Texas Land Developments – It’s Christmas in August whoooo hooooo Ferdinand & Imelda Marcos

“It’s the Land Deals Stupid”
Don Bolles from beyond the grave

NOPE, the legislative EXCUSE is not what happened. The INTENTIONAL and WANTON Lootings are involved in a much, much, much bigger fleesing of America than the Banking and S&L rules broke down. The Whitewater Model- Campebello Island – Maplewood Farms – Castle Grande – THE ARIZONA MAFIA hit on Don Bolles, The MASSIVE MONEY LAUNDERINGS associated with MAFIA LAND HOLDINGS and MAFIA controlled DOPE INC and even the story of God’s Banker and BANCO AMBROSIA have ties to Arizona Catholic Bishop Paul Marcinkus. The movement of CIA SLUSH MONEY and the LAUNDERING of massive diversions, dope money, missle sales proceeds ie Ollie North, John Poindexter, Bill Casey and the 41 and 43 MAFIA ties to the US CIA are quite real. See http://www.geocities.com/jurisnot The Great Texas Bank Job is as they say the linch pin the archiles heal, it’s all in the TAX RECORDS folks see: http://www.co.cochise.az.us/treasurer/LandFraud.htm

http://www.co.cochise.az.us/treasurer/LandFraud.htm

COCHISE COUNTY TREASURER’S PROJECT LAND FRAUD

The ARIZONA BOMBING MURDER OF DON BOLLES THE LAND OF OZ

Brian Quig’s DEATH in PHOENIX is NO SURPRISE

“God’s Bankers My Ass”

Author’s Note –

I have NOT checked all the references for Linda Minor’s Findings BUT I can tell you Ferdinand & Imelda Marcos
had LARGE LAND HOLDINGS around Lake Conroe TEXAS, imagine that

Every Arizona County and hundreds of thousands of trusting land purchasers were victimized by the rampant land scams of the 1960’s. Artist renditions showed trees and lakes with boating and all the modern facilities: streets, street lights, golf courses, a real piece of the American dream. The true picture was a section of dry Arizona deserts with no development whatsoever. Although Arizona has the reputation of being the worst in the nation, ( TEXAS & )Florida was not far behind and many states had similar swindles take place during the same time period.

FOLLOW THE YELLOW
BRICK ROAD:
FROM HARVARD TO ENRON
PART ONE
by Linda Minor © 2002
Permission to reprint with acknowledgement, granted by author

When Dorothy set out to find her way back to Kansas from Oz, everyone she asked along the way told her, simply, “Follow the yellow brick road. These well-marked bricks will take you to the wizard, and the wizard has the power to get you back home.”

Each of us has bricks that we can examine that, when pooled with those of everyone else, will enlarge our understanding of how we arrived where we are in 2002. All that is required is a cursory understanding about how money works in our capitalist system.

This article is intended as an example of how that can be done. Much of the understanding is simply adjusting our perception of what sometimes appears to be complicated, unrelated events in the financial world, keeping in mind some very basic premises. If I put cash into a corporation, it can be in two forms. I can get stock (equity) in that corporation, or I can get the right to be paid back in full at a later date (debt). These are very simplistic financial models available, though there are variations that occur that tend to make the options seem much more complex.

What we want to accomplish is an understanding of who was involved in the creation of Enron, to illuminate the yellow bricks on the path that led to that debacle. The best way to know where to start is to look at what’s left of Enron with an understanding of how money works, knowing that it will show us where to start in our examination.

Who is left at Enron?

In the last few months, almost all the directors of Enron have resigned with one very notable exception–Herbert Simon “Pug” Winokur, Jr. A man in the shadows whose name may not have made an impression on most people who read headlines. Why is he still around, and where did he come from? This is a good place to start.

Pug Winokur’s family

Pug was born in 1943 in Columbus, Ga. (where Fort Benning is located), while his father (married to Marjorie Lipman in 1942) was serving in the U.S. Army Air Force, attaining the rank of Major during his 1942-45 enlistment. He was awarded the Order of the Cloud and Banner (China), indicating his involvement in the China Burma India Theatre. The military decoration Major Winokur received was an honor presented from the Chinese government of Chiang Kai-shek, who fled to Taiwan when the Red Chinese took over China. There were more than 30 of these decorations, for example. awarded to the Flying Tigers of Clare Chennault. The American troops in the China-Burma-India Theatre were commanded by General Joseph Stilwell, who was the Deputy Allied Commander under Lord Mountbatten of Great Britain—the last viceroy of the British colonial empire in India, who was then assigned to Burma. There have been numerous books written about the involvement of these groups in opium smuggling. An overview of that information can be found at http://www.drugtext.org/books/McCoy/book/29.htm and at http://www.ruby-sapphire.com/burmese_politics.htm

With this military background, according to information in Who’s Who, Pug’s father returned to his interrupted career in consumer finance–first at Federal Loan Co. and also to Rettews Money Loan beginning in 1958, and Executive Consumer Discount in 1967–all in Philadelphia. These work relationships ended in 1974, followed by his short association with George S. May International in Park Ridge, Illinois, the same city, coincidentally, where Hillary Rodham grew up. In 1975 Winokur, Sr. began a management consulting firm in Wayne, Pa.

The family was of the Jewish religion, and Pug’s father was the treasurer of a pawnbrokers’ association and belonged to B’Nai Brith as well as to an association involved with Jewish employment. B’Nai Brith, a Jewish fraternal organization, was the sponsor of the formation of the Anti-Defamation League, the seed money of which was put up by Burton Joseph, whose family was involved with the I.S. Joseph Company in Minnesota. (See http://www.larouchepub.com/other/1995/2249_cartel_companies.html) Burton Joseph was very closely involved with Meshulam Riklis, whose background will be further explored below.

Pug has a sister named Lisbeth Cload married to Nigel Cload, a Mercedes car dealer in Allendale, N.J. Lisbeth is an attorney at McElroy, Deutsch & Mulvaney, LLP in Morristown, New Jersey after spending 11 years at Orbe, Nugent and Darcy. She was a 1969 graduate of Boston University, studied at the University of Lyons (France), and received her law degree from Pace University School of Law in 1986.

First and foremost–a Harvard Man

Pug himself went to Harvard, where he received three degrees: A.B. ’65 (’64), A.M. ’65, and Ph.D. ’67. His doctoral degree is in applied mathematics (decision and control theory). His first job out of Harvard was with the U.S. Army, assigned to the Department of Defense in Washington, D.C. That was at the end of Robert S. McNamara’s seven years in that job. McNamara left the office in March 1968 to head the World Bank, with Clark Clifford filling out Lyndon Johnson’s term at Defense.

Sixteen years prior to the JFK assassination, Clark Clifford had written the National Security Act of 1947 (creating the Central Intelligence Agency and Defense Department) for President Truman, and he had also advised Truman to recognize the State of Israel created in 1948, a move violently opposed by Secretary of State Marshall. Clifford’s advice about Israel’s recognition was allegedly influenced by Jewish contributions to Truman’s fund-raising efforts which Clifford headed. Nineteen years after Kennedy’s murder (1982) Clifford and his law partner would secure a banking license for BCCI to operate through First American Bancshares of Georgia; Clifford had been representing the foreign investors in BCCI since 1978 when he was also a big fund-raiser for Jimmy Carter.

It is not known whether any contact between Winokur and Clark Clifford—his boss in the Defense Department for only 10 months—continued after 1969, when both men left the government. But when Nixon took office that January, Pug and two other Defense Department analysts started a venture capital firm in Washington, D.C. called Inner City Fund with a black figurehead as president, ostensibly to promote minority entrepreneurship.

At this point we do not know who those other analysts were or where the money came from to invest in this project. It is interesting to note that in the spring of 1968 a report was issued by the Kerner Commission about the prediction for the inner cities, following the race riots in Watts in Los Angeles. Several years after that report, Winokur worked for the man who was in charge of getting the report written–Victor Palmieri. (See http://www.interactivist.net/housing/war.html) Also on that Commission was Charles B. Thornton of California (head of Litton Industries) and the CEO of North American Rockwell, John L. Atwood. Both these companies were represented on the Industry Advisory Council, which was started by Robert McNamara in 1962. It is extremely likely that ICF was funded by this organization, and that there is a thread throughout Pug’s career that can be traced back to that group which epitomized the military-industrial complex which President Eisenhower warned of in 1961. (For background on the Industry Advisory Council, see http://www.pir.org/usctrust.html).

The IAC meetings–which Pug may have attended–were usually conducted by the Deputy Secretary of Defense–William Bundy–whose Yale and Harvard and family background was closely aligned with the opium-running Cabot, Lowell and Acheson families, as well as being molded by the Skull and Bones society to which the Harriman and Bush families belonged. (See http://www.newsmakingnews.com/lmharvardpart1.htm and http://www.mishalov.com/Bundy.html)

ICF, ostensibly a venture capital firm, did not finance any minority businesses but was, however, awarded numerous consulting contracts as a sole-source provider without competitive bidding. It reorganized into a consulting group in 1972 and began branching into engineering. We can only assume how it was financed based on the relationships Pug had developed at that stage of his career. ICF Pug left ICF in 1974, the same year that the Industry Advisory Council disbanded because its secret meetings were thereafter required to be open to the public. ICF would issue an initial public offering in 1988, at about the same time it became ICF-Kaiser through a merger with Kaiser Engineering, a spin-off of the company bought by Charles Hurwitz in 1988. At this point we do not know who may have made money from that IPO.

What we do know is that Kaiser Industries, the original parent, was started by Henry J. Kaiser, an automobile manufacturer in Detroit who had become one of the inner circle of the military-industrial complex in California. (See http://www.kaiserair.com/about.html).

We also know that “Tex” Thornton had been Robert McNamara’s boss at Ford Motor Co. in Detroit, and that both men had the same background as Pug Winokur; they and eight other people hired in 1945, who answered directly to Henry Ford II were from the U.S. Army Air Corps – Statistical Control. When Pug left Washington, D.C., he went directly to California, where an investment group Thornton headed — incorporated as Electro Dynamics Corp. — had purchased and merged into Litton Industries of Santa Clara and began developing equipment in the fields of automatic guidance, instrumentation, computers and controls, and precision electronic components. (See http://www.littongcs.com/history/home.htm and http://www.l-3com.com/edi/ ). Litton built a huge facility in Beverly Hills, and also acquired the former Music Corporation of America Building, later sold to Gary Winnick’s Pacific Capital Group (Global Crossing). (See http://www.cerrell.com/releases/189rel.html) The importance of these details will become clearer later in this article.

From the Inner City Fund to the “inner city”–Los Angeles

Henry Kaiser, who bought the Vail Ranch in 1964, began consolidating other land tracts to eventually put together over 80,000 acres, believing Los Angeles would grow south and San Diego would grow north, and because Camp Pendleton would cut the growth on the coast in half, the two would “come together at Temecula,” the site for Rancho California, which became a land developing project controlled by Macco Realty. The Macco company was an entity involved in the Penn Central bankruptcy, the relevance of which will be made clear in Part Two. (For a brief history of Kaiser and this area in California, see http://www.temelink.com/crallspace/chiniaeff.htm and http://www.kammeyer.com/firmhistory.htm and http://www.temecula.org/History.asp and http://www.worldcity.com/news/libertyship.html and http://detnews.com/history/pioneer/pioneer.htm and http://www.jailhurwitz.com/cronies/CAST_of_CRONIES/LEONE_William_C/McCULLOCH_OIL/HURWITZ_&_McCulloch-LEONE.txt ).

When Charles Hurwitz began acquiring a company called McCulloch Oil in 1978, the chairman of the company was Charles Wood, Jr.–the man who had designed and engineered the construction of Disneyland in 1955. McCulloch Oil had been founded by Robert McCulloch, a close business associate of Wood. In 1960 McCulloch and Wood began to develop Lake Havasu City near Scottsdale, Arizona around a man-made geyser and the London Bridge, which had been transported across the Atlantic and reassembled. After Disneyland, Wood had gone on to build Freedomland in the Bronx, New York and to work with Toddie Lee and Angus Wynne of the Great Southwest Corporation in building Six Flags in Texas. The Great Southwest Corp., in conjunction with Webb and Knapp had gone into great debt in the early 1960s pursuing these projects and tried to recover by selling the corporate stock to the Penn Central Railroad owned by the Pennsylvania Company, which, at the same time, bought Macco Realty and Arvida.

What is intriguing about this is that McCulloch Oil, the Great Southwest, Macco and Arvida were very rich in land. This fact was no doubt known by David Murdock, who in 1964 had moved to Los Angeles from Phoenix where he had been involved in home construction. Although he was allegedly bankrupt when he arrived in California, he founded a company that made tile to be used in construction and later became a land developer and then a corporate tycoon. We do not know at this point whether Murdock, whose background before that time is extremely sketchy, may have been involved with the Bonanno family which had been involved in real estate development in Arizona. (See http://www.murderinc.com/fam/bonn.html and http://www.newsmakingnews.com/torbitt.htm and http://www.sanfran.com/features/Troubleinthepresidio4.html ).

Pug Winokur went to work for Murdock in 1974, just before Charles Hurwitz began buying stock of McCulloch Oil (which owned up to 12,000 acres of land in Arizona). By this time these assets had been acquired by Kaiser related corporations. Winokur’s future employer, Palmieri, of Kerner Commission fame, had already left Los Angeles in 1969 to work for the Great Southwest Corporation and its parent Pennsylvania Co.—the corporation which had ended up with thousands of acres of land in Texas and California belonging to these corporations that had such elusive connections to Charles Wood.

Who pulled Murdock’s strings?

Pug left Washington, D.C. in 1974 and moved to Los Angeles to work in a senior executive position with David Murdock’s Pacific Holdings, at 10889 Wilshire Blvd. in Westwood, Los Angeles. Murdock’s office was across the street from the Occidental Petroleum company and a few blocks south of UCLA. Murdock did not acquire Occidental, however, until almost 10 years later. When Michael Milken moved to California from Philadelphia in 1978 to open his west coast branch of Drexel Burnham Lambert, his office was only a few blocks east of Murdock’s in Century City. Pug would remain with Murdock, who was then 51, until around 1980, the year Pug moved back to Philadelphia to work for Victor J. Palmieri.

In 1974 David Murdock was not known. He had not yet done anything that would make him famous or notorious. It was not until 1982 that his company, Pacific Holdings, announced it had purchase Cannon Mills on the East Coast, the profits of which he used, when he sold the company three years later, to acquire Occidental Petroleum–the oil company created by Armand Hammer, a man very close to the leaders in the Soviet Union. But Occidental, coincidentally, also owned an oil pipeline in the drug-producing country of Colombia. (See http://www.salisburypost.com/2000february/020600d.htm and http://www.essential.org/monitor/hyper/issues/1991/09/mm0991_07.html and http://www.miami.com/mld/miamiherald/2002/03/16/news/world/americas/2869995.htm).

David Murdock, who is often painted as a high-school dropout (http://www.forbes.com/global/1999/1011/0220080a.html), hired Pug Winokur, a man with a Harvard Ph.D. in statistical mathematics, the kind used, for example, in calculating gambling odds and setting values on derivative securities. Is it possible that Murdock was a front for what was really going on behind the scenes? Take Zapata, for example.

In 1974 Murdock operated David H. Murdock Development Company and Murdock Investment Co. By 1976 he controlled Pacific Holding which, according to SEC records, owned 29.2% of voting securities of International Mining Company (IMC) and the following year tendered an offer for the remaining shares, to be purchased with 20-year 9% subordinated debentures. At the time IMC owned 64.4% of Pato, a gold dredging company. SEC filings on Zapata in 1979 indicate that IMC of 200 Park Avenue in New York (coincidentally, the same address as the Federal Home Loan Bank of New York; also the current address of Mitsui Global Precious Metals), was the largest shareholder of Zapata with 10% of the common stock. By 1979 Pacific Holding owned all of IMC stock. Murdock became a director of Zapata in December 1979, while Winokur was a Murdock employee.

Although Zapata Offshore was a company of modest dimensions, under George H.W. Bush it had a network of subsidiaries which was suspiciously complex. Zapata Offshore filings with the SEC in Washington for the year 1960-1966 were “inadvertently” destroyed by a federal warehouse. During that time, a short profile of the Zapata Offshore corporate substructure researched by a Mr. Allan Mandel was submitted to Texas Senator Ralph Yarborough on October 13, 1964, which showed Zapata Offshore owned 50% of Seacat-Zapata Offshore Company, which operated the drilling rig NOLA III in the Persian Gulf. In addition, Mandel identified the following Zapata Offshore subsidiaries:

A. Zapata de Mexico
B. Zapata International Corporation
C. Zapata Lining Corporation
D. Zavala Oil Company
E. Zapata Overseas Corporation
F. Zapata owns 41 percent of Amata Gas Corporation.

Zapata Lining was the pipe lining concern; it was divested in 1964. Ownership of Amata Gas was shared with the American Research and Development Corporation of Boston. This Boston venture capital firm, closely tied to M.I.T., once had as its Technical Director our current Deputy Secretary of Commerce Samuel W. Bodman, who also worked for Fidelity Investments and the Cabot Corporation. Cabot Corp. was founded by Godfrey Lowell Cabot of the Massachusetts shipping family which made a great deal of money in the early 19th century in the opium trade in the Far East.

The Zapata Offshore filings with the SEC between 1955 and 1959 are cryptic, and the SEC files on Zapata Offshore between 1960 and 1966, when Bush had exclusive control of the company, were destroyed by the SEC either in 1981, when Bush had just become vice president, or somewhat later, in October, 1983, according to various SEC officials. Bush did resign as chairman and CEO of Zapata Offshore in February 1966, when he put his assets into a blind trust controlled by W.S. Farish III, our current Ambassador to the Court of St. James in London.

David Murdock and Zapata 1979

1979 Zapata Corporation SEC filing
William H. Flynn, Chairman of the Board of Directors

Chairman and CEO of Zapata from March 1969 to date. Pres. of Zapata from Feb. 1966 to March 1969 and from Oct. 1974 to date.
J.B. Harrison, President and CEO, Director
President of Zapata Corp. from Jan. 1970 to Sept. 30, 1974. V-P and Gen. Mgr. of International Exploration and Production for Atlantic Richfield Oil Co., NY, an oil and gas producing company from Sept. 1968 to Jan. 1970. President of the Company from Aug. 1972 to date.
W. Dow Hamm, Director
Independent petroleum consultant since December 1967. For the 25 years prior to that date, Mr. Hamm was employed by Atlantic Richfield Co. in various executive positions related to natural resources exploration, during the last three years of which he served as a Director, member of the Exec. Com. and Exec. VP for International Exploration and Production.
A.G. Gueymard, Director
Senior VP and head of the Petroleum and Minerals Dept. of First City National Bank of Houston for more than the past five years prior to his retirement in April 1973. Since that time, he has served as an advisory director of First City National Bank of Houston, and is an independent financial consultant.
Remuneration:
P.E. Baria VP, Gen. Mgr for Europe and Africa
D.S. Hare VP

[Zapata guaranteed payment for various companies. Here are a few references to those guaranties.]
March 29, 1979–Port Clyde Foods, Inc., wholly owned subsidiary, acquisition of sardine and herring processing.
May 22, 1979–Ocean Maid Foods Division of Granby, line of credit from The Toronto-Dominion Bank up to $5 million ($2MM increase), proceeds for working capital.
May 22, 1979–Ocean Maid line of credit from Bank of Nova Scotia up to $100,000 for plant payroll.
June 1, 1979–Zapata Off-shore, wholly-owned subsidiary, credit agreement with Manufacturers Hanover Trust, loans up to $16,700,000 for construction of two self-contained platform oil-drilling rigs.

Item 13. Security Ownership of Certain Beneficial Owners and Management. {page 19}
The following persons are known by Zapata to be the beneficial owners, as of December 2, 1979, of more than five percent of any class of Zapata’s equity securities.

International Mining Corp. 10% of common–869,004 shares
200 Park Ave., NY

John F. Maher 5.9% common–527,964 shares
2131 San Felipe, Houston

Irving Zwecker 17.9% $6 preferred–12,000 shares
3800 Oaks Country Club Dr.,
Pompano Beach, Fla.

Saul Zwecker 14.9% $6 preferred–10,000 shares
11 Olympic Street
Rockland, Maine

Hugh Smith Haynie 7.9% $6 preferred–5,286 shares
Springfields, Apache Road
Louisville, Kentucky

Grossi Brothers 29.3% $2 preference–12,000 shares
208 S. LaSalle St.
Suite 604
Chicago, Ill.

International Mining Corp. (IMC) filed Schedule 13D with SEC, indicating that IMC also owns Zapata debt securities presently convertible into 4.598 shares of Zapata common stock, not included in the table. IMC is wholly-owned subsidiary of Pacific Holding Corporation, which is in turn a wholly-owned subsidiary of Murdock Investment Corp., all the stock of which is owned by David H. Murdock, 10889 Wilshire Boulevard, L.A., CA. Mur Murdock will reportedly make all investment and voting decisions with respect to the shares held by IMC, and thus is deemed the beneficial owner of such shares.

Directors and percentage of Zapata stock owned (I did not list less than 2%):

David H. Murdock — 869,004 shares of common; 4,598 conversions for 873,602 total — 10%

Officers and directors
as a group (22 persons) — total 12.8% common

Item 14. Directors and Exec. officers.

F. Arnold Daum, director since May 1979, senior partner of Cahill Gordon & Reindel (since 1943); also director of Apco Argentina, Inc., Devon Group, Inc., General Signal Corp., Northwest Energy Company, Tenneco Offshore Co., and Westates-Italo, Inc.

A.G. Gueymard, director since 1973, independent financial consultant in Houston for more than five years; advisory director to First City National Bank of Houston; director of Camco, Inc. and Midhurst Corp.

Sam Israel, Jr., director since 1967; Exec. VP, director and chairman of Exec. Com. of ACLI International Inc. for more than five years; also director of New Orleans Public Service, Inc.

Ronald C. Lassiter, director since 1974; Pres. and CEO of Zapata since 1978.

George A. Lorenz, director since June 1979; retired as general manager of marketing department of Shell Oil Company in 1969 after 34 years service with Shell and subsidiaries.

B. John Mackin, director since 1966; chairman and CEO of Zapata since March 1979; also director of Tenneco. [Does not mention here his previous connection to Baker & Botts law firm]

David H. Murdock, director since December 1979; more than last five years sole proprietor of David H. Murdock Development Co.; owns all of the stock of Murdock Investment Corp; engaged in commercial real estate development and financial investments.

[Other items noted which may be significant]:

Zapata Granby Corp, a subsidiary of Zapata, had a loan outstanding to Rogert P. Taylor, formerly the senior VP of Mining of Zapata and President of Zapata Granby. This was an interest-free loan made to enable Mr. Taylor to purchase a home. Largest aggregate amount of the loan was $44,000 (Canadian). On November 30, 1979 the loan was transferred to Noranda Mines Limited in connection with the sale by Zapata of its Canadian mining assets.

During the fiscal year ended Sept. 30, 1979, Zapata had certain amounts of indebtedness owed to First City National Bank of Houston, largest of which was $19,949,576. Director Gueymard is an advisory director of First City.

Since Oct. 1, 1978 Baker & Botts has been paid $611,040 for legal services rendered to Zapata. B. John Mackin, chairman and CEO of Zapata was until March 1979 a senior partner of Baker & Botts. During same period Cahill Gordon & Reindel (NY) also provided legal services. Daum is a senior partner of Cahill. Zapata has not yet received a bill for such services.
(See an interesting reference to Zapata Offshore at http://www.jimmycarterlibrary.org/diary/1977/d072277t.pdf and
http://houston.bizjournals.com/houston/stories/1999/04/26/story2.html )

Zapata and United Fruit–the “Octopus”?

Reports in the business section of the Houston Chronicle shed some insight on what was happening with Zapata, even though Bush has alleged that he sold his 6% interest in the company in 1966. According to a Houston Chronicle article by Albert T. Collins on January 20, 1969 (the date Richard Nixon was inaugurated), Zapata Norness, Inc. (formerly Zapata Off-Shore) had been seeking to acquire United Fruit Co. stock by offering to exchange one share of convertible stock for every share of United Fruit stock tendered to it. A competing offer to purchase stock had been made by AMK Corp., which was recommended by officers of the fruit company. The following week, after Zapata had already received almost 31,000 shares, AMK Corp.’s chairman, E.M. Black, and Zapata Norness reached an agreement whereby AMK would pay Zapata $3.8 million to withdraw from competition for United Fruit. AMK would buy all United Fruit stock which Zapata had purchased, in cash up to $3 million and would execute a promissory note for any amount in excess of the $3 million, payable at 6-7/8% interest in 10 equal annual installments.

Eli M. Black, who became the CEO of United Fruit as a result of AMK’s acquisition, in 1975 “fell” to his death from his office on the 44th floor of New York’s Pan Am building. A week later it was disclosed he had paid $1.25 million into a Swiss bank account on behalf of the president of Honduras in exchange for a $1-a-box banana export tax reduced to 25 cents. Two weeks later the government of Honduras fell, and the company’ stock hit its lowest level of the century. Black’s son, Leon Black, who as of 1996 was head of Apollo Advisors, used to head Drexel Burnham Lambert’s mergers and acquisitions department. He once declared his purpose in life was to create the robber barons of the future, according to Mother Jones.

After Eli Black’s death in 1975, Carl Lindner took over United Brands and appointed Max Fisher as chairman. Fisher amassed his fortune as a bagman for the “Purple Gang” that smuggled Sam Bronfman’s booze from Canada into the speakeasies of the Midwest. Fisher made his “legitimate” fortune in the oil retail business in Michigan, through Keystone Oil, Aurora Oil, and Marathon Oil and then became one of the first Jewish businessmen who was a major donor and fund-raiser for the Republican Party. In 1984 Cincinnati financier, Carl H. Lindner, who owned 65% of the company, installed himself as chairman, put his son Keith in charge of Chiquita and moved the headquarters to Cincinnati, where he nursed the company back to financial health.

A somewhat different account of those years is evident in an article written by Monica Perin for the Houston Business Journal (see http://houston.bizjournals.com/houston/stories/1999/04/26/story2.html ), which is quoted below. It contains no reference to David Murdock, the biggest shareholder, nor does it mention anything about the attempt to buy United Fruit.

Bush had resigned as chairman of Zapata Offshore to run his congressional campaign. When he won, he sold his 6 percent stake in Zapata for $1.1 million. Within 18 months, the stock of Zapata, under new management, doubled in value.

During the 1960s and 1970s, Zapata, under chairman and CEO William Flynn, expanded its business to include subsidiaries in dredging, construction, coal mining, copper mining and fishing.

But by the late 1970s, saddled with weak operations, high debt and low return on investment, the company again began undergoing changes in management and direction. Lead by John Mackin, who succeeded William Flynn, the company began selling off some of those businesses and trying to refocus on offshore oil and gas exploration and production.

In 1982 chief operating officer Ronald Lassiter assumed the role of CEO — just in time to preside over a decade of red ink brought on by the collapse of oil prices.

By 1986 Zapata was one of the bad loans that shook the foundations of San Francisco-based Bank of America, with a debt of more than $500 million and a fiscal year loss of $250 million.

The company announced several restructurings during those years and managed to stave off bankruptcy more than once. By the late 1980s, Zapata’s oil service operations were consistently chalking up major losses.

In 1990 the oil drilling company proposed selling its entire fleet of offshore drilling rigs to focus solely on fishing. The company had not had a profitable quarter in more than five years.

Still struggling with debt by 1993, Zapata signed a deal with Norex America to raise more than $100 million through a loan and stock sale. But financier Malcolm Glazer, owner of the Tampa Bay Buccaneers NFL franchise and then-owner of 40 percent of Zapata, didn’t want his holdings diluted and filed a lawsuit to block the deal.

A month-long standoff and a fierce proxy fight delayed the company’s annual meeting. But when the dust settled, Glazer and his son, Avram, were members of Zapata’s board. A year later, Malcolm Glazer became chairman of Zapata, replacing Ronald Lassiter, and in 1995 Avram Glazer was named CEO and president of Zapata.

What really did happen at Zapata Offshore after George Bush went to Congress in 1967? Who owned Pacific Holding when David Murdock took it over? And what was Pug Winokur’s role in transforming David Murdock’s operations from a company that made tiles to one that was involved in secret control of a most suspicious corporation.

Unfortunately, these are only questions at this time. The answers are yet to be discovered. Perhaps you have some of those answers, or can help us find them. We need more help in following this thread that leads to Enron.

Part Two of this series explores Pug Winokur’s next employer, and his connections in California and in Philadelphia.

——————————————————————————–

FOLLOW THE YELLOW BRICK ROAD: From Harvard to Enron
Click. (Part 1) Click. (Part 2) Click. (Part 3) Click. (Part 4)
Click. (Part 5) Click. (Part 6)

“My God – they killed him!”
The streets are filled with vipers who’ve lost all ray of hope
You know it ain’t even safe no more in the palace of the Pope
– Bob Dylan

Is everything a conspiracy? No. Just the important stuff.

Since there’s a lot of speculation these days about who will succeed Pope John Paul II, it seems a good time to recall the circumstances of the last papal succession. Because Luciani Albini, Pope John Paul I, was almost certainly murdered, by an international network of fascists and money launderers, with ties to far-right elements within military and intelligence agencies. (And isn’t it just amazing, how often we find that convergence?)

He only served 33 days; what could he have done in that short time to deserve death? What kind of Pope was he becoming?

To the second question, there’s the suggestion of an answer in this passage from David Yallop’s In God’s Name:

On August 28, the beginning of his papal revolution was announced. It took the form of a Vatican statement that there was to be no coronation, that the new pope refused to be crowned. There would be no sedia gestatoria, the chair used to carry the pope, no tiara encrusted with emeralds, rubies, sapphires, and diamonds. No ostrich feathers, no six-hour ceremony…. Luciani, who never once used the royal “we,” was determined that the royal papacy with its appurtenances of worldly grandeur should be replaced by a Church that resembled the concepts of its founder. The “coronation” became a simple Mass. The spectacle of a pontiff carried in a chair…was supplanted by the sight of a supreme pastor quietly walking up the steps of the altar. With that gesture Luciani abolished a thousand years of history…. The era of the poor Church had officially begun.

That right there would have been enough to make the Vatican’s power elite nervous, but surely not enough to seek the Pope’s death. Not even his expressed interest in reconsidering the Church’s position on birth control would have been enough for that. What was enough, was his intent to overturn the tables of the corrupt Vatican Bank, and purge the Vatican of the P2 Lodge.

This is one of those things that make being a “conspiracy theorist” seem entirely superfluous. Just try imagining P2: an elite, ultra-secretive, neo-fascist, Masonic cabal, involved in money laundering, assassination and false-flag terrorism. (The “Strategy of Tension,” to discredit Italy’s Communist Party. For instance, the engineering of Aldo Moro’s kidnapping and murder, and the Bologna train bombing.) P2 counted among its members the future Italian President Silvio Berlusconi, and reputedly boasted honourary members like Henry Kissinger, George HW Bush and arch-neocon, Michael Ledeen.

I mentioned P2 last August, with regard to Ledeen’s long history with the Italian far right and the linchpin of Italian military intelligence to the Niger “Yellow Cake” forgery. [For more on the significance of P2 to US intelligence and the “Octopus,” refer to David Guyatt’s excellent articles “Operation Gladio”, “Holy Smoke and Mirrors” and “The Money Fountain.”]

Licio Gelli was P2’s Grandmaster, and can’t even be called a neo-fascist. He was Old School: a member of the Italian Black Shirt Brigade which fought for Franco in the Spanish Civil War. During World War II, he spied on partisans in his native Italy for the Nazis, and obtained the SS rank of Oberleutenant. This same Gelli was a honoured guest of George HW Bush after the 1980 inauguration, and there is evidence that Gelli and P2 played a role in the October Surprise; even that Swedish Prime Minister Olof Palme was murdered on Gelli’s orders because he’d refused to provide Swedish cover for the covert transfer of money and arms. In her October Surprise, Barbara Honegger writes that a P2 informant claimed to her that before Palme’s death, Gelli sent a message to former Republican National Committee advisor (and also alleged “honourary” P2 member) Philip Guarino, assuring him that “the Swedish tree will be felled,” and to “tell our good friend Bush.”

Your head exploding yet? There’s more. GHW Bush’s reputed code name for October Surprise was “The White Rose,” which was also the name of a far-right Cuban exile group with which the CIA’s Bush was reportedly engaged during the ramp-up to the Bay of Pigs. Honneger reports that when Italian police uncovered the P2 control cell responsible for terrorism in Italy, they learned that its code name was “The Rose of Twenty.” Gelli seems to have had a weakness for the flower.

And this may mean nothing, or I know what you did: in 1988, on the 25th anniversary of John F Kennedy’s murder, Ted Kennedy marked the occasion in Runnymede England by placing, at the foot of his brother’s memorial, a single white rose.

Gelli’s network financed itself in part by purchasing and plundering banks, thanks to the likes of P2 brothers Michele Sindona and “God’s Banker,” Roberto Calvi. Mafioso Sindona, in 1968, had become a financial advisor to Pope Paul VI; Calvi was running Banco Ambrosiano; and another P2 member, American Bishop Paul “You can’t run the Church on Hail Marys” Marcinkus, who bore the nickname “the Gorilla,” was heading the Vatican Bank. For a while, it was a sweet operation.

Clockwise, from top right: Calvi, Marcinkus, Sindona and Gelli

As cardinal of Venice, Albini had butted heads with the bankers. As Pope, he could finally do something more. Most revelatory, he became privy to the secret list of Freemasons in the Vatican. For the first time, he learned of P2’s penetration of the Church.

Yallop again:

If the information was authentic, then it meant Luciani was virtually surrouded by Masons…. The secretary of state, Cardinal Villot, Masonic name Jeanni, lodge number 041/3, enrolled in a Zurich lodge on August 6, 1966. The foreign minister, Monsignor Agnostino Casaroli. The cardinal vicar of Rome, Ugo Poletti. Cardinal Baggio. Bishop Paul Marcinkus and Monsignor Donato de Bonis of the Vatican Bank. The disconcerted pope read a list that seemed like a Who’s Who of Vatican City.

Here’s a good summation of what happened next:

With his bright intelligence and naive fearlessness, John Paul I penetrated to the heart of this maze of corruption within weeks of his coronation. On the evening of September 28, 1978, he called Cardinal Villot, the leader of the powerful Curia, to his private study to discuss certain changes that the Pope proposed to make public the next day…. Among those whose “resignations” would be accepted by the Pontiff the following day were the head of the Vatican Bank, and several members of the Curia who were implicated in the activities of Sindona and P2, and Villot himself. Moreover, Villot was told that John Paul I would also announce plans for a meeting on October 24 with an American delegation to discuss a reconsideration of the Church’s position on birth control.

When Pope John Paul I retired to his bedroom on the evening of September 28, clutching the paperwork that would expose the Vatican’s financial dealings with the Mafia and purge the Curia of those responsible, a number of very ruthless individuals had a great interest in seeing to it that he would never awaken to issue these directives.

When the Pope’s housekeeper knocked at his door at 4:30 a.m., she heard no response. Leaving a cup of coffee, she returned fifteen minutes later to find the Pope still not stirring. She entered the bed chamber and gasped when she saw the Pope propped up in bed, still holding papers from the night before, his face contorted in a grimace. On the night table beside him lay an opened bottle of Effortil, a medication for his low blood pressure. The housekeeper immediately notified Cardinal Villot, whose first response to the news was to summon the papal morticians even before verifying the death himself or calling the Vatican physician to examine the body. Villot arrived in the Pope’s room at 5:00 a.m. and gathered the crucial papers, the Effortil bottle, and several personal items which were soiled with vomit. None of these articles were ever seen again.

Although the Vatican claimed that its house physician had determined myocardial infarction as the cause of death, to this day no death certificate for Pope John Paul I has been made public. Although Italian law requires a waiting period of at least 24 hours before a body may be embalmed, Cardinal Villot had the body of Albino Luciani prepared for within 12 hours of his death. Although the Vatican refused to allow an autopsy on the basis of an alleged prohibition against it in canon law, the Italian press verified that an autopsy had in fact been performed on one of the Pope’s predecessors, Pius VIII. Although the conventional procedure for embalming a body requires that the blood first be drained and certain internal organs removed, neither blood nor tissue was removed from the corpse; hence, none was available to assay for the presence of poison.

There’s an old Kris Kristofferson song, entitled “They Killed Him.” I learned it from a Dylan cover, on almost certainly his weakest album, Knocked Out Loaded. To be honest, it’s pretty lousy. (If you haven’t heard it, all you need to know is it has a children’s chorus.) And yet, it chills me.

A verse:

Another man from Atlanta, Georgia
By name of Martin Luther King
He shook the land like the rolling thunder
And made the bells of freedom ring today
With a dream of beauty that they could not burn away
Just another holy man who dared to make a stand:
My God, they killed him!

My point here hasn’t been to rehash the case for assassination. My point, I suppose, is simply my exasperation: that My God – they killed him, too!

This material can lead to despair. If they can whack the Pope, and get away with it, what hope do we have? I don’t find it consoling to know of what they’re capable; that they are, as Dylan sang in another song, “bound and determined to destroy all the gentle.” That’s not about justice. That’s about being forewarned, and forearmed. And these days, that’s almost as important as justice.

But it is a consolation of sorts to remember that these people are flesh, just as we are. Gelli is still alive, but since his extradition from France in 1998, he has been serving a 12-year sentence for his role in the Banco Ambrosiano affair. Marcinkus received Vatican immunity from Pope John Paul II, when it became apparent Italian authorities intended to prosecute him for his criminal stewardship of the Vatican Bank, and eventually left Rome for Sun City, Arizona. (A fascinating glimpse of Marcinkus today, here.) Sindona died in prison drinking poison coffee, possibly the same administered to the Pope. Calvi, after his string played out, met a peculiarly Masonic fate, hanging from a rope beneath London’s Blackfriar’s Bridge, his hands tied behind his back and 12 pounds of bricks stuffed in his pockets. (Naturally, originally deemed a “suicide.”)

The suicided Calvi

Our advantage is that there are more of us than there are of them.

Our greatest disadvantage: most of us still can’t admit there is a them.

A series of B.C. companies are being targeted by a group of Filipinos who are seeking a human-rights judgment against the estate of the late Philippine President Ferdinand Marcos.

The companies are linked to the family of a Marcos crony Jose Y. Campos of Vancouver who has already turned over US$130 million worth of stocks and other assets to Manila

Imelda & Ferdinand Marcos
In a federal lawsuit filed in Fort Worth, Texas this month, the group of Filipinos claims that seven large tracts of land in Tarrant County totaling 4,180 acres, was allegedly bought in the 1970s and 1980s by a third party using money Marcos had stolen from the Philippines.

Tarrant County is located in the north central part of Texas.

The plaintiffs in the lawsuit filed are 9,539 Filipinos who claim they are victims or heirs of victims who were tortured, executed or who disappeared under the Marcos regime.

Marcos governed the Philippines from 1965 to 1986, when he was deposed in the “People Power“ revolution.

His rule was marked by widespread corruption, the extravagance of his wife, Imelda, abuse and political repression.

After Marcos was ousted, he fled to Hawaii, where he died in 1989.

The Philippines government is also seeking the return of nearly US$4 billion dollars it says was pilfered from citizens of the Philippines by the family and friends of the former dictator.

As of 1998, the Philippine government said it had recovered US$941 million, but it is believed that millions of dollars are still hidden in international bank accounts and other investments.

The group, which filed the Texas lawsuit this month, received a US$2 billion judgment in 1995 after filing a class-action lawsuit in 1986 in Hawaii, but that number has grown to US$3.8 billion with interest.

It has been trying to collect from the Marcos estate to pay the judgment.

The Tarrant County land was bought by shell corporations and is beneficially owned by the Estate of Ferdinand Marcos, the new suit alleges.

Included is a 330-acre tract of land that is being considered by its current owner, Ellesmere Corp., and Margaux Development Co. in Dallas, for a 2 million-square-foot shopping center.

In 1986, the Tarrant County land was the focus of another federal lawsuit, filed in Houston by the Philippine government, which is also out to seize the assets of Marcos‘ estate.

Robert Swift, a Philadelphia lawyer who has represented that class action for 19 years, said that lawsuit was “settled quietly“ and the land was not turned over to the Philippine government. As a result, the new court action is to go after those assets, Swift said, according to the Fort Worth Star-Telegram.

If successful, the land would be foreclosed upon and then sold, he said.

“This has been hard-fought litigation,“ Swift said.

Former Philippine first lady Imelda Marcos shows a Colombian-made telephone handset shaped into a shoe during a 1999 interview.
According to the new suit, the local land was bought by Jose Y. Campos, a Marcos confidant and investment adviser beginning in the mid-1950s.

Campos allegedly bought the land using offshore companies. When Marcos was removed from office, Campos asserted his ownership of the property, and members of the Campos family now control it, the suit says.

In addition to the companies planning the shopping mall, the lawsuit claims that the land was bought through several entities, including B.N. Development Co., 921 acres; Jason Development Co., 605 acres; Langley Investment Corp., 358 acres; Pender Investment Corp., 890 acres; Revelstoke Investment Corp., 130 acres; and Vernon Investment Corp., 946 acres.

According to Texas comptroller‘s records, the companies share many of the same directors and officers, including individuals who live in Hong Kong and Vancouver, Canada. The records list Jeffery Campos and Joselito Campos as directors.

Swift said the land is worth more than US$50 million. The Tarrant Appraisal District lists it at more than US$16 million.

Donald Silverman, managing partner at Margaux, one of the companies involved, downplayed the lawsuit as a “fishing expedition“ and said that his company will move forward with its development plans.

“The only thing that connects the property [to the Marcos family] is that the investors are from the Philippines,“ he told the Fort Worth newspaper.

Jose Campos, described as the bagman closest to Marcos, told Philippine investigators tracking the plundered loot that he had organized 40 companies to move millions of dollars of Marcos‘s money around the world.

In a written statement made in Vancouver in the mid-eighties he claimed to have felt betrayed by the Marcos family and surrendered control of millions of dollars worth of real estate in the Philippines.

Philippine investigators also believe that a Toronto apartment complex and an investment in a chain of Canadian drug stores may be owned by associates of Marcos. They have claimed that Marcos cronies had secretly invested hundreds of millions of dollars in Canadian real estate, retailing and oil and gas.

Campos is not the only person who is thought to have fled to B.C. with some of the Marcos loot.

Another Marcos crony is former textile magnate Dewey Go Dee, who lives in Richmond with his wife and four children.

Dee fled the Philippines in 1981, leaving behind some US$85 million in debts and triggering the near-collapse of the country‘s financial system.

He faced 176 criminal charges in the Philippines, including “economic sabotage.“ Court documents claim Dee smuggled hundreds of millions of dollars out of his homeland for Marcos, while some suspect he double-crossed the dictator and took his money.

Dee entered Canada from Costa Rica on a tourist visa and was granted refugee status in 1986 by the Immigration Appeal Board.

Other Marcos associates tracked to Vancouver include two individuals, George Delmas and Toto Mabanta who operated First Vancouver Securities Inc., a company that purchased a seat on the Vancouver Stock Exchange.

Former BC premier Glen Clark had raised the issue of this company in the B.C. parliament when he was in the opposition.

He wanted to know why the then ruling Socred government had not kept its eye on the “Marcos company” which he claimed had arranged financing for 12 other companies before it was shut down.

 

 

 

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