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NEWSWEEK: Democrat Donor received $22 million in "Oil for Food" Scandal
The Kerry Fairy ^ | 10/10/04 | Becki Snow

Posted on 10/10/2004 2:53:15 AM PDT by dandelion

If the name of a "Big Money" Political Party Donor with ties to Enron were discovered on the Saddam's Coalition of the Bribed, what do you think would happen to the Candidate of that party?

What if that Candidate of that Party was John Kerry?

Newsweek drops a bombshell on the Kerry Campaign: Texas Oil Baron and Big-Time Democrat Donor Oscar Wyatt has received perhaps as much a $22 million dollars in profits through oil allocations bought illicity from Saddam Hussein.

From MSNBC: United Nations: Oil-for-Food Fiasco?"

Law-enforcement sources say Americans who participated in alleged oil-for-food scams also may face further investigation. The CIA deleted from Duelfer's report names of Saddam's U.S. oil-for-food favorites. But an uncensored copy of the Duelfer report obtained by NEWSWEEK indicates Houston oil mogul Oscar Wyatt got oil allocations from Saddam which could have earned him and Coastal Corp.?a company he founded and ran until 2000?profits of more than $22 million. Wyatt and wife Lynn are major donors to political causes: since 1989 they have given nearly $700,000 in contributions, of which more than $500,000 went to Democrats. Wyatt told NEWSWEEK that his company did buy oil from Saddam but that he never did so personally, and that his company's dealings all complied with U.N. rules. ?Mark Hosenball and Steve Tuttle

Who is Oscar Wyatt? More than just a oil man, he's an outspoken critic of both Gulf Wars, and a big time Democratic Party Donor...

As per Houston's Clear Thinkers:

The 10-K also disclosed that one of El Paso's units has been subpoenaed by a grand jury from the U.S. District Court for the Southern District of New York to produce records regarding the United Nations' Oil for Food Program governing sales of Iraqi oil. The unit, El Paso CGP Company, was formerly Coastal Corp., which the company acquired in January 2001. The former chairman of Coastal -- Oscar Wyatt -- was an unabashed critic of Operation Desert Storm in the first Persian Gulf War and has been a vocal public critic of El Paso's management over the past several years.

Wyatt appears to have used his ill-gotten gains wisely - buying the leftovers of Enron.

According to New Age Business:

Enron said that the company and the Official Unsecured Creditor's Committee decided the CCE offer was best. Enron previously had said NuCoastal LLC, a company run by Texas billionaire and Coastal Corp. founder Oscar Wyatt Jr. had offered $2.2 billion in May.

So how does this affect Kerry? Well, perhaps we should couch it in terms even the Old Press can understand:

Big Oil, bribed by Saddam Hussein, helped pay for John Kerry's Campaign. Money used to buy Hussein's army's guns helped pay for John Kerry's campaign. Guns used to kill American Soldiers helped pay for John Kerry's campaign...

This may explain why John Kerry thinks the war in Iraq was a mistake. I believe the mistake may be his.


TOPICS: Breaking News; Crime/Corruption; Foreign Affairs; News/Current Events; Politics/Elections; War on Terror
KEYWORDS: bigoil; bribe; campaigndonor; campaigndonors; campaignfundraising; democrat; donations; donor; enron; foodforoil; hussein; iraq; kerry; kerry2004; lurch; napalminthemorning; oil4food; oilforfood; oilvoucher; oilvouchers; oscarwyatt; texas; un; weneedaflowchart; wot; wyatt
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To: backhoe; FesterUSMC; All

A great article here from the Houston Chronicle - way more detail...

http://www.chron.com/cs/CDA/ssistory.mpl/business/2838780


21 posted on 10/10/2004 3:26:18 AM PDT by dandelion (http://johnkerryquestionfairy.blogspot.com/)
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To: CondiArmy
Headline "Texas oil tycoon and political donor received dirty money from Saddam" Subheading "Underscores concerns over Bush's Oil Connections" No mention of Democrat Party in story,

You're good. It looks and reads just like something out of the propaganda mill.

22 posted on 10/10/2004 3:27:32 AM PDT by patj
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To: libs_kma

he has a plan, remember, a plan to destroy America! If you think Communism is better than Democracy vote for Kerry thats all im sayin'. The choice could't be more clear.


23 posted on 10/10/2004 3:27:48 AM PDT by FesterUSMC ("If you don't have the hammer, you are going to be the anvil, and I would rather have the hammer!")
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To: dandelion

Surprise, surprise!


24 posted on 10/10/2004 3:28:48 AM PDT by Ed_in_NJ (I'm in old skivvies and New Jersey, and I approved this message.)
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To: dandelion

I bet Ted Kennedy's Name is gonna come up, in this... I have a weird feeling....


25 posted on 10/10/2004 3:30:51 AM PDT by FesterUSMC ("If you don't have the hammer, you are going to be the anvil, and I would rather have the hammer!")
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To: dandelion

Thanks- I will use that link.


26 posted on 10/10/2004 3:34:19 AM PDT by backhoe (Just a Keyboard Cowboy, ridin' the Trackball into the Dawn of Information...)
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To: FesterUSMC

I was thinking Clinton


27 posted on 10/10/2004 3:34:42 AM PDT by DaveMSmith (One Day at A Time || Blue Angel in PJs)
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To: dandelion
yes, but what about haliburton, haliburton, haliburton!

btw, i was reading about your music on your profile page. i'm an artist, too :o)

28 posted on 10/10/2004 3:35:13 AM PDT by tame (Are you willing to do for the truth what leftists are willing to do for a lie?)
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To: dandelion


http://64.233.167.104/search?q=cache:cav2S3KfeO0J:www.la.utexas.edu/chenry/mena/bibs/oil/1997/0025.html+Oscar+Wyatt&hl=en


Toni Mack, "Saddam’s pal Oscar." Forbes, available online at
http://www.forbes.com:80/forbes/123096/5815072a.htm (January 30, 1996).
This article in Forbes magazine reflects on the seedy side of Oscar
Wyatt and depicts him as an abrasive street fighter and a liability to
Coastal Corp. It traces Oscar Wyatt’s dealings with Libya and Iraq and
the most inopportune times. It goes further to suggest that Coastal
Corp. should split up into natural gas/electric power operations and
refinery operations to increase the companies net worth and perhaps
shake Wyatt out of the helm making it easier for Coastal to find
partners willing to work with them.


This article goes into more further detail concerning Oscar Wyatt’s
dealing with Saddam Hussein and traces other crooked happenings.

Petroleum Information Corporation (PIC), available online at
http://www.oil-data.com:80/pi/tin/010697/inews5.html (February 10,
1996).
This article concerns Coastal’s liquid natural gas import projects with
Pertamina, the Indonesia state oil and gas company.


29 posted on 10/10/2004 3:36:00 AM PDT by kcvl
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To: dandelion

here is the officail spin...by the looks of it.

http://www.politrix.org/modules.php?name=News&file=article&sid=1413


30 posted on 10/10/2004 3:36:13 AM PDT by Casaubon (huh??)
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To: Ed_in_NJ

trying to pull up opensecrets.org to verify Wyatt, but it must be getting hammered...I'm getting timeouts.


31 posted on 10/10/2004 3:39:41 AM PDT by libs_kma (USA: The land of the Free....Because of the Brave!)
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To: tame

Cool!! I'll check out your stuff!


32 posted on 10/10/2004 3:41:46 AM PDT by dandelion (http://johnkerryquestionfairy.blogspot.com/)
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To: libs_kma

ROFLMAOOOOO


33 posted on 10/10/2004 3:42:14 AM PDT by Anti-Christ is Hillary (John Kerry - Flip Flop shock and awe)
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To: dandelion

The Houston Chronicle's article does indeed go into further detail. You'd think if they were going to expend that much effort to research Wyatt's involvement and history, they would have discovered his political leanings as well.


34 posted on 10/10/2004 3:42:35 AM PDT by Quilla
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To: kcvl

This is great - I knew if we sicced Freepers on this, they'd come up with GOLD!


35 posted on 10/10/2004 3:42:48 AM PDT by dandelion (http://johnkerryquestionfairy.blogspot.com/)
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To: dandelion

bump


36 posted on 10/10/2004 3:44:30 AM PDT by True Capitalist
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To: dandelion

Not to worry, if John gets elected he can pardon the crook just like his buddy Clinton did four years ago.


37 posted on 10/10/2004 3:45:43 AM PDT by gakrak
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To: All

How about this bombshell. I hear Kerry plans, if elected, to tax all eBay transactions. Figures to raise over 25 billion.

nick


38 posted on 10/10/2004 3:47:24 AM PDT by nikos1121
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To: libs_kma
trying to pull up opensecrets.org to verify Wyatt, but it must be getting hammered...I'm getting timeouts.I can't get in either
39 posted on 10/10/2004 3:51:54 AM PDT by True Capitalist
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To: Casaubon

"Official spin"? More like the rantings of a lunatic who's long been off his meds.

Prairie


40 posted on 10/10/2004 4:11:04 AM PDT by prairiebreeze (The AP is no longer a news service. It's a transcription service for the DNC.)
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