Thirty-eight years ago, the little-known attorney general of Arkansas and his wife entered into a real estate venture to purchase 220 acres of land with an Arkansas businessman, Jim McDougal and his wife, Susan. Although the venture failed, it would become one of the most infamous land deals in history.
That Arkansas Attorney General and his wife? Bill and Hillary Clinton. And those 220 acres of land were to become the Whitewater Development Corporation. Anybody who lived through the 90s knows that Whitewater was synonymous with the Clintons—and with scandal.
It took a 1992 investigative story by The New York Times (surprisingly) for the government to open an official inquiry into the Whitewater scandal, but the Clintons covered their tracks well. Documents disappeared and people ended up dead (see Vince Foster), but the Clintons remained untouched.
Fast-forward to present day, where government watchdog group, Judicial Watch, has filed multiple Freedom of Information Act (FOIA) requests to the National Archives and Records Administration (NARA) to release draft criminal indictments of Hillary Clinton relating to the Whitewater scandal.
(Un)shockingly, NARA—a division of the Obama administration—has refused to release the documents, claiming that Mrs. Clinton’s right to secrecy trumps the public’s right to know if they are about to nominate a criminal for the highest office in the land. To see Judicial Watch’s lawsuit against the administration, and have a good chuckle at how NARA thinks the public has no right to know about Mrs. Clinton’s trustworthiness (or lack thereof) continue on the next page:
birds of a feather
Career crooks (aka)politicians protect each other. However we have to remember there is no honor among thieves. One will rat on the other to save their own ass
To me that is obstruction of justice amen
Not me, I won’t vote for her
Look …. Justice will NEVER be served to Hillary. Obama will pardon her, citing the Ford pardon of Nixon; and, with the enthusiastic support of the lapdog media, they will claim it’s, “for the good of the country” to “put any ‘claims’ of wrong-doing in the past and get on with ‘running’ the country”!!
The UNTIED States of America will go down as all free countries in the past have, corrupt politicians, complacent populace, economic ruination from the buying of votes through government theft by taxation and gifts to those who sell their votes in exchange for “benefits”; and government engendered class divisions.
There is NO HOPE for this once great nation.
I believe that is called aiding and abetting?
Can anyone say coverup?
Try this out….its a partial of it……..Failure of Whitewater Development Corporation[edit]
This period featured high interest rates in general, and by the time these lots were surveyed and thus available for sale at the end of 1979, rates had climbed to near 20 percent. Prospective buyers could no longer afford to buy vacation homes. Rather than take a loss on the venture, the four decided to hold on, building a model home and hoping for better economic conditions.[9]
The White River, near Flippin, Arkansas, and the intended site of the Whitewater Development Corporation’s vacation homes.
During the next several years, Jim McDougal asked the Clintons for checks for various interest payments on the loan or other expenses; the Clintons later claimed to have no knowledge of the uses of these contributions.[9][14] Concurrently, Jim McDougal had lost his job as the governor’s economic aide when Bill Clinton failed to win re-election in 1980.[11] McDougal decided to go into banking instead,[11] and then acquired the Bank of Kingston in 1980 and the Woodruff Savings & Loan in 1982[15] renaming them the Madison Bank & Trust and the Madison Guaranty Savings & Loan, respectively.[12]
In spring 1985, McDougal held a fundraiser at Madison’s office in Little Rock that paid off Clinton’s remaining 1984 gubernatorial campaign debt of $50,000. McDougal raised $35,000, and of that Madison cashier’s checks accounted for $12,000.[16][17]
In 1985, Jim McDougal set his sights on investment into local residential construction, labeling the project Castle Grande. The 1,000 acres (4 km²), located south of Little Rock,[12] were priced at about $1.75 million, more than McDougal could afford on his own: due to financial laws, McDougal could borrow at most $600,000 from his own savings and loan, Madison Guaranty. McDougal subsequently involved several others to produce the additional funds. Among these was Seth Ward, an employee of the bank, who helped funnel the additional $1.15 million required. To avoid potential investigations, the money was moved back and forth among several other investors and intermediaries. Hillary Clinton, then an attorney at Little Rock-based Rose Law Firm, provided legal services to Castle Grande.
In 1986, their scheme was unveiled by federal regulators who realized that all of the necessary funds for this real estate venture had come entirely from Madison Guaranty; regulators called Castle Grande a sham. In July of that year, McDougal resigned from Madison Guaranty. Seth Ward fell under investigation, along with the lawyer who helped him draft the agreement. Castle Grande earned $2 million in commissions and fees for McDougal’s business associates, as well as an unknown amount of legal fees by Hillary Clinton’s law firm, but in 1989 it collapsed, at a cost to the government of $4 million.[18] This in turn helped trigger the 1989 collapse of Madison Guaranty,[18] which federal regulators then had to take over. Taking place in the midst of the nationwide savings and loan crisis, the failure of Madison Guaranty cost the United States $73 million.[19]
The Clintons lost between $37,000 and $69,000 on their Whitewater investment,[20] a lesser amount than the McDougals lost, for reasons unclear in the media reports.[14] The President’s critics cited the unequal capital contributions by the Clintons and McDougals as evidence that then-Governor Clinton was to contribute in other ways.
The White House and the President’s supporters claimed that they were exonerated by the Pillsbury Report, a $3 million study done for the Resolution Trust Corporation by the Pillsbury, Madison & Sutro law firm at the time that Madison Guaranty Savings & Loan was dissolved. The report concluded that James McDougal, who had set up the deal, was the managing partner, and Clinton was a passive investor in the venture; the Associated Press characterized it as “generally support[ing] the Clintons’ description of their involvement in Whitewater.”[21][22] However, Charles Patterson, the attorney who supervised the report, “refused … to call it a vindication” of the Clintons, stating in testimony before the Senate Whitewater Committee that “it was not our purpose to vindicate, castigate, exculpate.”[23]
Chuck…you can add this too……………..the short condensed version of her/Bill……& who pays/backs them too………….. Sexism is not holding her back….Her damn record of criminal & unethical practices are. People have ” NO TRUST ” in her or Bill for these reasons/actions here………..Your legacy is$#%&!@*also.. Your housing act/bill caused all this home morg. fall out in 2004 . Your stupid unloaded arms for guarding military bases & recuritment centers cost us lives from in the 1990’s till today & your ignoring of Osama Bin Ladin because you had unarmed drones & blow jobs going on cost us lives in 9/11 . Then there is your wife/Hillary with Janet Reno & Branch Dividian killing kids & now Benghazi/uranium ect ect ..Black Panthers teaching college when they killed policemen & you/her put them in those positions also along with Al Gore ………..here’s a lil’ condensed history…….43 years of her/his unethical & unlawful actions are enough & it seems some are missing one of the worst …….” treason “…… for selling uranium to Russia & then it going to Iran afterwards . This takes two offices to clear it….#1. NRC & #2. Oval Office-Obama -personally only. Treason is not Pardonable . We hung the Rosenbergs for it in 1950 i believe for selling Atomic designs of the atom bomb to Russia. This is in their Foundation & exposed on TV August 2015 by Bret Baier . Not one tv or DC crowd or Malkin/Coulter/ Fox bunch or candidates is saying boo about it & it is disgusting , she shouldn’t be on the trail for president at all. Benghazi is a blood bath by her hands / Obama , if not fore them the Ambassador & the other 3 would be alive today. …Oh , I saw the movie ” 13 Hours ” what happened in it should happen to her/Obama …..it just wasn’t the the contractors asking her / Obama for help it was also some of the Ambassador’s staff too & they were turned down too….To All that survived that are / were Military , I Thank You for Your Service to Our Country…. Have a safe year & be aware of whats headed our way that Europeans are seeing/feeling & some actions are here already. Gene ……………This woman /Madeleine Albright during her time as Sect.of State in the 1997 to 2001 she had along with Bill Clinton 5 opportunities to kill Osama Bin Ladin . But Bill was busy with Monica/Paula / Jennifer ect at those times & the drone actually was not loaded like out jets were low on ammo/fuel too & our bases guards were not allowed to have loaded guns . Imagine that & this little known unloaded guns law for military bases is still in effect today. Go ask the survivors of Fort Hood & Naval Yard & Marine recruiter office in Tennessee . All this & plus other unethical actions of Ms. Albright & she has the nerve to tell women they will burn in hell for not supporting Hillary ” the blood bath Benghazi & uranium traitor ” for president of the U.S. Just one more fact of unknown info…..Osama Bin Ladin could’ve been GONE along time back if certain people & one in particular was paying attention when he was a ” Iran Contra Committee ” was told all about Osama by Col. Oliver North said ……” he is the worst & lead Islamic Terrorist in the Middle East .
The certain person who ignored him was Mr. Al ” global warming/no ozone/acid rain ” Gore……so by ignoring the warning we got 1992 World Trade Center first bombing & then the later Sept. 11 , 2001 The Towers came down.
So because of sex acts /socialist agendas & irresponsibilities & unethical non-patriotic acts we suffer Nation wide . Clueless people want this type of person to govern our great nation ….NOT GOING TO HAPPEN HOPEFULLY.!!! ……….who pays is right here……………….In the field of politics Evelyn’s main agents (including Soros), Norman Lamont, Peter Mandelson, Oliver Letwin and Vernon Jordan (all of whom are Khazars!). Lamont influence the Conservative Party and the potential prime minister Michael Howard (a Khazar). He was finance minister during the tenure of Margaret Thatcher. Participated in regional conferences together with Stjepan Mesic and Boris Tadic. Peter Mandelson is the current Minister of Great Britain in the EU and is close to Labour Party and Tony Blair.
On the other hand, Vernon Jordan (Lazard Bank) is very influential in the Democratic Party in the United States(he was an advisor to Bill Clinton and led the campaign for John Kerry 2004.). Evelyn’s wife Lynn financed Bill Clinton’s presidential campaign and is also a close friend of Hillary Clinton. How Clinton removes his opponents……………The above ^ can be vetted by ….” Rothschild over the Balkans ” …
Chuck….Try this out….its a partial of it……..Failure of Whitewater Development Corporation[edit]
This period featured high interest rates in general, and by the time these lots were surveyed and thus available for sale at the end of 1979, rates had climbed to near 20 percent. Prospective buyers could no longer afford to buy vacation homes. Rather than take a loss on the venture, the four decided to hold on, building a model home and hoping for better economic conditions.[9]
The White River, near Flippin, Arkansas, and the intended site of the Whitewater Development Corporation’s vacation homes.
During the next several years, Jim McDougal asked the Clintons for checks for various interest payments on the loan or other expenses; the Clintons later claimed to have no knowledge of the uses of these contributions.[9][14] Concurrently, Jim McDougal had lost his job as the governor’s economic aide when Bill Clinton failed to win re-election in 1980.[11] McDougal decided to go into banking instead,[11] and then acquired the Bank of Kingston in 1980 and the Woodruff Savings & Loan in 1982[15] renaming them the Madison Bank & Trust and the Madison Guaranty Savings & Loan, respectively.[12]
In spring 1985, McDougal held a fundraiser at Madison’s office in Little Rock that paid off Clinton’s remaining 1984 gubernatorial campaign debt of $50,000. McDougal raised $35,000, and of that Madison cashier’s checks accounted for $12,000.[16][17]
In 1985, Jim McDougal set his sights on investment into local residential construction, labeling the project Castle Grande. The 1,000 acres (4 km²), located south of Little Rock,[12] were priced at about $1.75 million, more than McDougal could afford on his own: due to financial laws, McDougal could borrow at most $600,000 from his own savings and loan, Madison Guaranty. McDougal subsequently involved several others to produce the additional funds. Among these was Seth Ward, an employee of the bank, who helped funnel the additional $1.15 million required. To avoid potential investigations, the money was moved back and forth among several other investors and intermediaries. Hillary Clinton, then an attorney at Little Rock-based Rose Law Firm, provided legal services to Castle Grande.
In 1986, their scheme was unveiled by federal regulators who realized that all of the necessary funds for this real estate venture had come entirely from Madison Guaranty; regulators called Castle Grande a sham. In July of that year, McDougal resigned from Madison Guaranty. Seth Ward fell under investigation, along with the lawyer who helped him draft the agreement. Castle Grande earned $2 million in commissions and fees for McDougal’s business associates, as well as an unknown amount of legal fees by Hillary Clinton’s law firm, but in 1989 it collapsed, at a cost to the government of $4 million.[18] This in turn helped trigger the 1989 collapse of Madison Guaranty,[18] which federal regulators then had to take over. Taking place in the midst of the nationwide savings and loan crisis, the failure of Madison Guaranty cost the United States $73 million.[19]
The Clintons lost between $37,000 and $69,000 on their Whitewater investment,[20] a lesser amount than the McDougals lost, for reasons unclear in the media reports.[14] The President’s critics cited the unequal capital contributions by the Clintons and McDougals as evidence that then-Governor Clinton was to contribute in other ways.
The White House and the President’s supporters claimed that they were exonerated by the Pillsbury Report, a $3 million study done for the Resolution Trust Corporation by the Pillsbury, Madison & Sutro law firm at the time that Madison Guaranty Savings & Loan was dissolved. The report concluded that James McDougal, who had set up the deal, was the managing partner, and Clinton was a passive investor in the venture; the Associated Press characterized it as “generally support[ing] the Clintons’ description of their involvement in Whitewater.”[21][22] However, Charles Patterson, the attorney who supervised the report, “refused … to call it a vindication” of the Clintons, stating in testimony before the Senate Whitewater Committee that “it was not our purpose to vindicate, castigate, exculpate.”[23]