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To: The Anti-Democrat

If Hades ever freezes and pigs fly and the media ever decides to look into Edward's dirty dealings, perhaps they might also take a peak into Kerry's.
It's pretty obvious why the media has ignored the new biography of Kerry - " John F Kerry,The Complete Biography By The Boston Globe Reporters Who Know Him Best. "

Kerry and questionable financial deals seem to go hand in hand. Notice the absolute silence on the part of the "misleadia " to investigate the stench coming from Kerry's finances.

Here are 2 examples.

Pages 199-202 detail Kerry's offshore and probably illegal tax shelter schemes in the Cayman Islands.

In 1983, Kerry received $225,000 as his share of some legal work from his former law partner and girlfriend, Roanne Stagow.
In Dec 1983, Kerry claims that he invested between $25,000 and $30,000 in " a scheme using offshore accounts." Page 200 ibid.
This was a scheme known as a " straddle "- which was the buying and selling of forward contracts through companies in the Cayman Islands.
It was a tax shelter involving paper transactions.

Kerry claimed in April of 84, that he cancelled the deal on the advice of his accountants because they questioned it's legitimacy.
Then Kerry went into his usual I didn't know, nobody told me flip flop.

His campaign claimed that he had not violated any law and everything he had done was by the book and perfectly legal. We must not forget that Kerry was a lawyer, when he was signing the paperwork and reading the fine print .
He was also running for the Senate and in desperate need of money.

Here's the money quote :

However " records obtained by the Boston Globe revealed that much went undisclosed about the complex scheme." Page 201 ibid.

" On Dec 13,1983 Kerry pledged 2,470 shares he held in a company called Peabody Commodities Trading Corporation as collateral for a $ 238,527 promissory note signed the same day by Sytel Traders, Ltd."

Both companies were registered in the Cayman's.

" Kerry has never disclosed a stake in Peabody Commodities or an indebtedness to Sytel Traders." Page 202 ibid.

Kerry did not dispute the authenticity of the documents obtained by the Boston Globe.
But, he dismissed the paperwork as " meaningless."

He also claimed ignorance about the fact that the companies were offshore tax shelters in the Cayman Islands.

But, the Boston Globe found the pledge agreement with Kerry's signature and in the first line it stated that Sytel Traders was organized in the Caymans.
The IRS soon clamped down on offshore tax shelters and some of the investors in Sytel were forced to pay steep penalties.

Why hasn't anyone in the media investigated Kerry and his off shore tax shelter ?
Did Kerry get the $ 238,000 from Sytel Traders in 1983 ?
Did he pay it back ?
Did he report it to the IRS ?

Perhaps the media might be interested in Kerry's eyebrow raising real estate deals- Pages 236-246 ibid.

Kerry has been involved in a bunch of questionable real estate deals that have a whiff of Whitewater.

Here's an interesting tidbit, involving Senator Bob Graham of Florida.
Kerry was always grubbing for money and just barely solvent.
However, his finances " got much better in 1988," when he sold his Capitol Hill townhouse to Florida Senator Bob Graham .

"Even after taking into account the expensive renovations done by Kerry, it was a huge profit after only three years of ownership." Page 243 ibid.
The inference is that Graham overpaid " BigTime " for Kerry's townhouse.
Was Graham a dupe or a dope or something else ?
Did Graham funnel money to Kerry by overpaying for the townhouse ?
You would think an enterprising reporter would examine the real estate transactions for Kerry's neighborhood and Graham's financing.
You would think.
However, until Kerry and Edwards change their names to Bush and Cheney-they'll get a free pass on all shady and sleazy deals.


17 posted on 07/07/2004 5:46:41 PM PDT by Wild Irish Rogue
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To: Wild Irish Rogue

I wouldn't be surprised if there is not a lot of dirt that comes up about Edwards between now and the convention. It may be so bad that Kerry has to dump him by the convention and add someone else like Hillary or Gephart.


18 posted on 07/07/2004 6:13:58 PM PDT by gswilder
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To: Wild Irish Rogue

Wow...I haven't heard a peep about any of this! And I rarely miss a day (or middle of the night) of freeping. Hopefully the RNC is aware.


20 posted on 07/08/2004 1:57:31 AM PDT by lainde (Heads up...We're coming and we've got tongue blades!!)
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