  (5.67a/IDA-1.5 for conspire-post@firefly.prairienet.org); Tue, 6 Sep 1994 21:50:50 -0500
Subject: Conspiracy Nation -- Vol. 2 Num. 04


              Conspiracy Nation -- Vol. 2  Num. 04
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                    ("Quid coniuratio est?")
 
 
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TERRY REED / JOHN CUMMINGS INTERVIEW
 
[...continued...]
 
 
TOM DONAHUE:
We are back. Tom Donahue, "America's Town Forum", patriotism in 
action.
 
We're talking with Terry Reed and John Cummings. The book is 
*Compromised*, and we're gonna make this book available through 
our organization. [...Donahue extols the book...]
 
Um, you have a list that your publisher sent to me: The key 
figures in *Compromised*. And many of them are the same figures 
we're hearing in the Clinton cabinet, and through Whitewater, and 
beyond "Whitewater rafting".
 
Let's talk about some of these figures and how they play a role 
and what the media *should* be looking for, beyond "Whitewater 
rafting".
 
 
TERRY REED:
Are you speaking to me now, Tom?
 
 
DONAHUE:
Who do we have now?
 
 
REED:
This is Terry.
 
 
DONAHUE:
All right, Terry. Go ahead.
 
 
REED:
Well I was actually thrust right into play with a lot of the key 
people that are now surfacing in Whitewater. Uh, Seth Ward, a man 
that I believe *USA Today* described as the mystery man in the 
Whitewater scandal, a man that was deeply involved in the land 
acquisitions and I think was a director of Madison Financial 
Corporation.
 
Uh, Seth. Of course Seth's son-in-law is Webb Hubbell, number 2 
man, was number 2 man or 3 man in Justice, that as you know 
resigned. {1}.
 
 
DONAHUE:
Yep.
 
 
REED:
Bob Nash, a key Clinton economic aide, was a man that I directly 
reported to. Nash is now with the Department of Agriculture; 
another person that got a nice, fat-cat job.
 
 
DONAHUE:
And Bob Nash was the former director of the Arkansas Development 
and Finance Authority [ADFA], where Larry Nichols once worked.
 
 
REED:
That's correct. Yeah, the same cast of characters keeps 
reappearing throughout not only the Clinton administration but in 
this book. Because *I* was put into play with them in a totally 
different capacity. I saw this operation from the inside out, and 
John [Cummings] reports about it from the outside in, which is 
quite an interesting style. We're being told that it's very 
effective to describe what was in the news during that time frame 
and what the headlines of Arkansas read, [and] what was going on 
behind the scenes, that were generating the cover-up of the Mena 
scandal and things like that.
 
But John and I did not start out to write an *Iran-Contra* 
book... I mean a Whitewater book. We were... I was working on 
this through my memoirs, trying to get down on paper what was 
happening to me as a result of my criminal indictment. And I was 
keeping good notes, and just sort of to have a good record, 
'cause things get pretty distorted in a courtroom environment.
 
 
DONAHUE:
I want to get into that, in just a couple minutes here. And I 
jumped ahead, myself. I want to go back to the Bush brothers.
 
 
REED:
O.K.
 
 
DONAHUE:
The Bush sons. And also, you talk here about "Bond Daddy" Dan 
Lasater. He was also involved with drugs. And let's talk about 
the drug figures that you know, and what you *do* know, and share 
that with us.
 
 
REED:
O.K. Lasater's name... I met, in fact the first day I met Barry 
Seal, he was in the company of Dan Lasater and Roger Clinton. 
Roger was the driver for Dan Lasater at the time; was his 
chauffeur in Little Rock. But Lasater, the moment the money 
laundering connection started to develop I realized it was 
Lasater that, where Seal was doing all his "banking", and taking, 
you know, initially briefcases full of cash for deposit there. 
And then later on, duffel bags full of cash.
 
A bond trader, that worked for Lasater, was a man by the name of 
Finis {2} Shellnut. Now Finis is Seth Ward's, or was Seth Ward's, 
son-in-law at the time. And Seth Ward owned a piece of property 
west of Little Rock called the "Triple S Ranch". And that is the 
ranch in which Seal was jettisoning the large, large... what's 
called a B-4 bag in the military, a large duffel bag, that can 
hold about $3 million, complete with radio transmitters so you 
can locate it. That money was being kicked out of Seal's planes 
onto the Triple S Ranch. And the man that was retrieving the cash 
was Finis Shellnut and, who worked for Lasater. And I feel that 
was the direct conduit from that point into Lasater's company.
 
 
DONAHUE:
Does anybody know where this money went to? Has anybody been on 
the money trail?
 
 
REED:
Oh yeah. I think that's what the federal people are doing right 
now. You've got creation of ADFA, Arkansas Development Finance 
Authority, cropped up in the middle of all this. And the source 
of the funding has always been secret. ADFA's records only show 
what they loan out.
 
When they have a bond issue, primarily at the state bank, for 
practical purposes its mandate was to attract and finance 
industry for Arkansas. What it became was a vehicle to loan money 
to friends of Bill Clinton and a way to get quiet "campaign 
contributions" [a.k.a. "bribes"] back, as L. J. Davis pointed out 
in his article. I believe it was 25 percent? Or one-fifth, I 
guess it was, of the 1990 campaign chest for Clinton came back to 
him in the form of "contributions" from the recipients of ADFA 
loans. So I think that's a style that you're gonna see developing 
more and more, surfacing more and more, throughout the 
investigations {3}, is how Bill was able to *stay* in power, and 
keep his campaign chest full, while people that tried to surface, 
to compete with him, were literally strapped for cash.
 
 
DONAHUE:
This is quite an incestuous web there in Arkansas, and the same 
web or cast of characters have moved on to Washington, D.C., to 
run the country.
 
 
REED:
Yeah, we've been told, this is a phrase that we were -- now I'm 
gonna steal from someone else -- but on the surface, it looks 
like a game of chess. But what you have to do is look vertically 
-- and it becomes a game of vertical chess -- to see the 
relationships *under* the table of the King and the Queen and the 
pawns, and see how they're co-orbiting with each other. And not 
only... I mean incest is a sort of a worn-out term these days, 
but that certainly does fit the style of politics and banking 
that exists in Arkansas. It's just hand in hand; it's like 
wearing a glove.
 
                    [...to be continued...]
 
--------------------------<< Notes >>----------------------------
{1} Webb Hubbell was, as I recall, deputy attorney general. He 
may have been, in effect, Clinton's eyes and ears at the Justice 
Department -- moreso than Janet Reno anyway, who is not part of 
Clinton's bunch of Arkansas buddies that he brought with him to 
Washington.
 
{2} Finus: pronounced FI-nus, with a long "I" sound as in "high". 
For example, His Highness, Finus.
 
{3} "...throughout the investigations..." Was that what that was? 
That thing that flashed by this summer, that whitewash? Was that 
the "investigations"?
   What's Starr up to these days, or won't the media be covering 
that until after the November elections?
   BTW -- Get set for Clinton to invade Haiti right around 
election time. What a coincidence, huh?
 
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Aperi os tuum muto, et causis omnium filiorum qui pertranseunt.
Aperi os tuum, decerne quod justum est, et judica inopem et 
  pauperem.                    -- Liber Proverbiorum  XXXI: 8-9 

 Brian Francis Redman    bigxc@prairienet.org    "The Big C"
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"Justice" = "Just us" = "History is written by the assassins."
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