latimes.com
I suppose it's time for Bernard Schwartz to sue the bastards! I'd say, judging from comments by Bernard Levy and many others, that this harassment and pursuit of Super-Spy Bernie Schwartz who was supposed to have bribed the USA President and arranged the nuking of the USA by secretly, illegally and criminally showing China how to solder was a very nasty attack on somebody with apparently not a shred of evidence other than rabid political jealousy by Senator Lott of Laughs and co.
The spectre of Senator Specter cast a pall over the whole USA satellite industry and has thereby destroyed vast amounts of capital in the USA.
With the current share price of Globalstar and the Nasdaq, [which I blame in part on Judge Jackson, Joel Klein and Janet Reno - the JJJ Klan - for the absurd plans to destroy the Corpus Callosum of Microsoft and many blame on a very foolish Federal Reserve handling of the money supply], a lot of people could be forgiven for being very angry at Lott of Laughs and Spectre-man for helping destroy the USA.
Of course, the cost of running an SUV around town has done a lot of harm too! Crude oil at $27 compared with $8 in Dec 1998 will do some damage.
<LaBella's team of federal prosecutors turned up "not a scintilla of evidence--or information--that the president was corruptly influenced by Bernard Schwartz," according to one internal document.
Far from urging an investigation of Schwartz, the documents show, LaBella regarded the Loral executive as a victim of Justice Department overreaching. He criticized ranking Justice officials for relying on "a wisp of information" to justify their initial Schwartz inquiry.
And in an addendum to his original report, LaBella flatly advised that the Schwartz case "was a matter which likely did not merit any investigation."
"Poor Bernie [Schwartz] got a bad deal," one former task force investigator said in an interview. "There never was a whiff of a scent of a case against him."
Loral officials welcomed this news. A spokesman issued a brief statement repeating the company position that there was no wrongdoing by Schwartz or Loral, and "there are no grounds for an investigation."
LaBella testified at the Senate hearing convened by Specter but declined to discuss specific cases and commented only "hypothetically" on the Loral matter.
Two years ago, the Loral case was among the most sensational allegations to emerge from the campaign finance scandal. Press accounts revealed that a presidential waiver permitting the cooperative satellite launch with China had benefited a major Democratic supporter.
Such waivers were required on all satellite ventures in China as a lever against human rights abuses by Beijing after the Tiananmen Square massacre in 1989. But, while similar waivers were granted routinely by both Clinton and Republican President Bush, key circumstances fanned the Loral controversy.
First, Loral already was under investigation over allegations it had improperly shared restricted technology with Beijing. Second, the waiver came to light amid the mushrooming campaign finance scandal.
There were charges that Schwartz had bought White House influence with his donations to Democrats exceeding $1.3 million. Congressional hearings were scheduled. And the Justice Department ordered its campaign finance task force to investigate the Loral chairman.
Amid partisan wrangling, Republicans questioned whether the White House had risked national security to advance a political supporter's commercial interests. Rep. Dana Rohrabacher (R-Huntington Beach) called the Loral waiver "this possible violation of law, this betrayal of our country."
However, the Justice task force investigation produced no further legal actions.
GOP congressional leaders have since pressed for access to LaBella's report. Those efforts were renewed in March after The Times obtained a copy of the restricted document and reported that it also accused senior Justice officials of engaging in "gamesmanship" and legal "contortions" to avoid an independent inquiry of top White House officials.
The report cited information LaBella called sufficient to justify an outside probe of Clinton, Vice President Al Gore and even First Lady Hillary Rodham Clinton, but the task force chief took a decidedly different view of only one case--the Schwartz matter.
While advising that a Schwartz investigation was unmerited from the outset, LaBella did recommend that the case be disposed of by a special counsel. He told Reno that, because the underlying allegations of a possible quid pro quo ultimately involved the president, an independent prosecutor should act on the matter to spare Justice from accusations of "a political motive for its determination."
LaBella reserved his harshest criticism on the matter for Justice officials who ordered the Schwartz probe while specifically excluding Clinton from the investigation.
Specter seized on that point in the hearing but omitted any reference to LaBella's debunking of the merits of the Schwartz investigation. Consequently, the Specter hearing prompted misleading stories and headlines about LaBella's failed efforts to get an outside prosecutor to investigate Schwartz and the president.
The Washington Times described it as "a startling revelation." An editorial headline called it "LaBella's Bombshell." Associated Press and the New York Times published more cautious but still significantly incomplete accounts.
Nonetheless, an aide to Specter, who is spearheading a Senate inquiry into Justice's handling of campaign finance investigations, said that Senate subpoenas for presidential waiver-related documents will be pursued. And he insisted that the Loral portion of the Senate probe "is still alive.">
I'm starting to think I must be doing something good with the GGMDM since USA law enforcement people were quoted as thinking I'm a criminal. It's rather flattering to be put in the context of $ill Gates and Bernard Schwartz though some probably think their achievements a bit more impressive than mine.
Hey! [or Hay!] I wonder if they realize I have a Chinese connection going back to pre-communist days [my mother being born in China in 1915 and I associating with Chinese and Taiwanese people while conspiring with Japanese and with links to Koreans too - my mother's family used to holiday in North Korea for a start]. Lott and rabid Dana will cast a Spectre over me!
Bernard Levy, where are you? Have you stopped beating your wife?
Mqurice
PS: Only a few days to Memorial Day.
Don't forget, it's become an overall dehypothecation to rescue the Nasdaq from the predations of people who have illegally, conspiratorially and manipulatively lowered the price of Nasdaq and other stocks by selling shares which they did not own in an artificial, false and Un-American expansion of credit [as explained in earlier posts] contrary to the intention of the Federal Reserve and Alan Green$pan who have the legal authority to control the credit available in the USA if not the world.
You should all start doing your duty and dehypothecate other shares, leading up to your Globalstar shares towards the end of the week for the Great Globalstar Memorial Day Massacre.
I have to go to golf, so make your own arrangements.
Globalstar finished just under $8 a share today, so shorts have had nearly a month to figure out whether they should cover their debts or not. So let's not hear any whining from anyone when I call in what I've loaned. There is a lot of that happens when finances get tight - people call in their loans and whining gets loud.
Meanwhile, we are having a LOTT of laughs in the Nasdaq. Down another 6% today. Cool! Wheeeeeeeee!!!!!!!!!!! White knuckles yet anyone? I wonder when Alan Green$pan will worry about the Poverty Effect...hmmm, this is a bit like Graviton Spin Reversal Systems technology. See, you just need to alter the spin and what was a Wealth Effect, is suddenly reversed and the world accelerates in the opposite direction in the Poverty Effect. Alan Green$pan dollars are like neutrinos - not very big, slippery as heck, but emission of them has a BIG impact in the grand scheme of things.
Another 1000 or so to go on the Dow [10%] from 10,422 so more fun to come yet, then it's off to Dow 16,000 Feb 2002. All aboard!! |
