Liberal Journalist Rushes to Hail Chelsea Clinton for Her 'Unshakeable Obsession with Diarrhea'

Liberal Journalist Rushes to Hail Chelsea Clinton for Her 'Unshakeable Obsession with Diarrhea' By Tim Graham Created 08/24/2013 - 11:39pm

Joe Conason is still trying to be the number one journalistic ring-kisser to the Clinton family. His latest effort is fawning all over Chelsea Clinton, the humanitarian (and occasional NBC News correspondent.) He complained on her behalf that “the political press still seems far more inclined to ruminate over her supposed ambitions rather than report her real concerns.”

Chelsea is Nobel Prize material, Conason wants you to know, with global concerns that include, “among other things, an unshakeable obsession with diarrhea.” In a Third World, sense of course:

[S]he is willing to confess that “I personally am obsessed with diarrhea”—meaning the symptoms of waterborne disease that leads to diarrhea, dehydration and death for millions of children annually across Africa. Aside from her growing experience in the field, she holds a master’s degree in public health from Columbia University. “I wish that someone wanted to talk about diarrhea and why I think we really have the chance to eradicate diarrhea, even before every country across the African continent or across the world has strong public health systems of sanitation and clean water.... Yes, I wish the mainstream media were interested in things like our growing work in diarrhea or the work that we’re doing in agriculture or the work we’re doing on HIV/AIDS and how important that is.”

Conason was one of the ogling correspondents who traveled to Africa with Chelsea and her father Slick Willie, and this is where the goo really began to flow freely, on how the press fails to give the Clintons enough credit for their work in Africa:

The tumultuous welcome received by the Clinton delegation at every stop suggested the impact of the foundation’s work, from life-saving AIDS medications and quality health services provided to millions across the continent to pioneering agricultural support for small farmers to major renewable energy projects—as well as a newly announced initiative to produce and manufacture fortified foods in six African countries with the aim of ending child malnutrition on the continent.

All of the Clintons have visited Africa repeatedly—at least nine or 10 times for the former president—creating relationships that will serve their own country well as that continent’s economic and political importance grow. This year, however, marked the 15th anniversary of Bill Clinton's historic 1998 presidential visit, which had been preceded by a tour that Chelsea and Hillary Rodham Clinton undertook the year before. While the American media covered some of those visits and ignored others, the wide-ranging philanthropic endeavors of the former president—and now his daughter—have almost always gotten inadequate attention (with CNN as the honorable exception).

Joe Conason would like you to believe that Bill Clinton's 1998 trip to Africa was somehow the most historic thing he achieved that year -- instead of getting impeached.

NY POST EXCERPT ----The Bill Clinton Foundation has spent more than $50 million on travel expenses — Bill Clinton’s foundation has spent more than $50 million on travel expenses since 2003, an analysis of the nonprofit’s tax forms reveal.....includes $4.2 million in 2011 for the William J. Clinton Foundation (to which Hillary and Chelsea are attached); $730,000 for the Clinton Global Health Initiative; and $7.2 million for the Clinton Health Action Initiative (CHAI).

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(Groan) how many ways can the conniving Clintons use their name to make money? The William J. Clinton Family Foundation......the Clinton Global Health Initiative......the Clinton Health Action Initiative (CHAI).

The Clintons' 24/7 self-promotion is a familiar do-good liberal schtick: whining about "helping the needy," and willing to make a buck on it.

NBC SCREEN GRAPHIC: GETTING TOUGH ON THE CLINTONS---FINALLY

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...why can’t Chelsea get a real job? What happened to her hedge fund job? And her TV reporter job? Is her Daddy and Mummy going to support her with a cushy “job” at their foundations for her whole life? .......

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CAN YOU SAY WIRE TRANSFER? POLITICAL PONZI SCHEME?The more we examine the Clintons perpetual fund-raising---people tossing huge amts of money into the Clinton money machine----the more this resembles a money-laundry and tax evasion machine. nOTE The IRS has targeted tax-exempt foundations as prime fraud vehicles.

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HERE'S HOW MADOFF DID IT When he went to jail, investigators found Madoff had stashed billions offshore---into a labyrinth of financial entities. Some $8.9 billion was funneled to Madoff through a dozen so-called feeder funds based in Europe, the Caribbean and Central America......a labyrinth of hedge funds, management companies and service providers that, to unsuspecting outsiders, seemed to compose a formidable system of checks and balances.

But the purpose of this complex architecture was just the opposite: the feeder funds provided different modes for directing money to Madoff in order to avoid scrutiny and generate more fees.

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WIKI.COM Stanley Chais, a philanthropist who invested heavily with Mr. Madoff, and Carl J. Shapiro, one of the money manager's oldest friends, are among at least eight Madoff investors and associates being scrutinized by the U.S. attorney's office in Manhattan. Prosecutors are continuing to probe Madoff family members and employees.

Others include: Frank Avellino, a Florida accountant who ran an investment fund that invested client money; Noel Levine, a real-estate investor who works out of a two-room office on the 17th floor, next door to Madoff's fraudulent investment operation, and Palm Beach investor Robert Jaffe, a son-in-law of Mr. Shapiro who referred potential investors to Madoff. [4]

Madoff Securities International Ltd.----In 2008, about $1 billion was transferred last between Madoff’s U.S. firm and Madoff Securities International Ltd. in London. [5][6] On March 24, 2009 Judge Louis L. Stanton granted power of attorney to Irving Picard, trustee, over Madoff's controlling stake in London.[7]

Authorities in the U.K. are seeking evidence of money laundering involving the London business, Madoff Securities International Ltd., which opened in 1983 as a separate legal entity from Mr. Madoff's U.S. New York office. He allegedly sent more than $250 million beginning as early as 2002, from his New York-based firm, Bernard L. Madoff Investment Securities LLC, to the U.K. office and then back to accounts in the U.S.[5][6]

In 2000, Madoff began to add staff and expand the operation, and loaned the business $62.5 million. He had a staff of 25, including traders, managers and support. Instructions to staff was that they communicate with Madoff Securities through personal e-mail accounts, not through company e-mail.[5]

There were nine directors. Family members with shares included Mark and Andrew Madoff, Peter Madoff, and Bernard himself. Ruth Madoff, Bernard Madoff's wife, also held shares. [8] Non-family members with shares included Maurice J. "Sonny" Cohn. Madoff and Cohn were shareholders in Cohmad Securities, which steered investors to Mr. Madoff's advisory business.

In 1987, Mr. Cohn had shares of Madoff Holdings Ltd., a predecessor to the current London firm. In 1998, Mr. Cohn held 35,624 non-voting shares, some of which he transferred to "BL Madoff" in 1998, and the rest that he "disposed of" in 2004.[8]

Paul Konigsberg, a New York City accountant and a longtime friend for more than 25 years, prepared two Madoff Family Foundation tax returns, and received the non-voting shares, valued at $35,000. He did work for the London office when it was first opened. [8] A general ledger of Madoff accounts listed Konigsberg, of the reputable accounting firm of Konigsberg, Wolf & Co., as receiving $30,000 a month to advise the MSIL operations, and funnel client checks to the London office for Madoff's own use.[9]

Clients were often directed to Mr. Konigsberg by Mr. Madoff and his family. Mr. Konigsberg prepared the tax returns of foundations of six other families, many of which have lost millions, even hundreds of millions, of dollars. He also represented scores of individual Madoff investors.

Mr. Konigsberg's firm has received a civil subpoena from the SEC. His Madoff-related clients included Carl and Ruth Shapiro, Boston philanthropists whose foundation lost $145 million, and whose son-in-law, Robert M. Jaffe, under investigation, is a Madoff business partner.[9][10]

Konigsberg held Madoff accounts under his name including two in the name of the Westlake Foundation. Paul J. and Judith Konigsberg are officers and directors of the foundation. He owns homes in his wife, Judith's name in Greenwich, Connecticut and Palm Beach Gardens, Florida.[11]

On April 20, 2009, Steven Leber filed a $4 million lawsuit against Konigsberg and his accounting firm for negligence, and breach of fiduciary duty.[12] Konigsberg answered the charges with affirmative defenses.[13]

Evidence is being gathered by investigators on a U.S.-U.K. task force that Konigsberg and Levy, a real-estate mogul and philanthropist are believed to be involved in an international transfer of money. Levy is believed to have helped Paul Konigsberg funnel checks to London. And investigators in New York say there were billions of dollars worth of checks going back and forth between Madoff and Levy.[9]

Ruth and Bernie Madoff had an intimate relationship with Levy and his wife, Betty. Madoff was long known to have been Levy's "fixer," obtaining everything from choice restaurant reservations to emergency medical care. Levy had offices one floor below Madoff's in New York’s Lipstick Building. It was Levy who introduced high-profile investors to Madoff.

Jeanne Levy-Church's losses forced her to shut her JEHT Foundation and her parents’ foundation, the Betty and Norman F. Levy Foundation, lost $244 million. JEH helped the less fortunate, especially ex-convicts.[9][10]

Following the death of his wife, Levy's girlfriend, model Carmen Dell'Orefice, an investor, said Levy was Madoff's "father figure". When Levy died in 2005 at the age of 93, Madoff extolled him as a man whose friendship he had cherished and who had "taught me so much." Levy's son Francis said his father believed in Madoff: "If there's one honorable person,” he said, “it's Bernie."[9][14]

L/E needs to examine the Clinton Foundations' assorted bank accounts and its tax-exempt status. One of the biggest scams is a tax-exempt foundation writing a check to another tax-exempt----the way they easily launder tax-exempt money to themselves .....and commit tax evasion.

<><> Joint bank accounts might be used to facilitate the transfer of of tax=exempt funds. Clinton Foundation monies may be paying for personal and private expenses, campaign expenses, credit cards, real estate subsidies and vehicle purchases.

<><> To cover their tracks, fake invoices might be created to show that money deposited into accounts was being used for legitimate purposes. The scheme might be advanced by issuing phony statements of payments from financial sources that actually covered the transfer of tax-exempt funds for Clinton Foundations' insiders own use.

NOTE WELL Under the Bank Secrecy Act, banks are required to establish, implement and maintain programs designed to detect and report suspicious activity indicative of money laundering and other financial crimes. “The Bank Secrecy Act was enacted to protect the public from harm by identifying and detecting money laundering from criminal enterprises, terrorism, tax evasion or other unlawful activities,” the special agent in charge for Internal Revenue Service Criminal Investigation, explained.

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L/E needs to examine the Clinton Foundations' bank accounts used to pay for these activities.

The "Bank Secrecy Act" was passed to protect the public from harm by identifying and detecting criminal enterprises, money laundering, tax evasion or other unlawful activities. Under the Bank Secrecy Act, banks are required to establish, implement and maintain programs designed to detect and report suspicious activity that might be indicative of tax fraud, govt fraud. money laundering, embezzlement, and other financial crimes.

<><> Joint bank accounts might be used to facilitate the transfer of of tax-exempt funds. Foundation monies may pay for personal and private expenses, credit cards, real estate subsidies, campaign expenses, travel, and vehicle purchases. <><> To cover their tracks, fake invoices might be created to show that money deposited into foundation accounts was being used for legitimate allowable purposes.

The scheme might be advanced by issuing phony statements of payments from financial sources that actually covered the transfer of funds for theirown use. <><> L/E is directed to get ahold of: (1) copies of foundation checks, (2) wire transfers, (3) account statements, (4) invoices, (5) bills, (6) delivery tickets, (7) correspondence including e-mail, contracts, loan agreements, and, (8) any other books or records. L/E should also explore (a) monies paid to brokers, sub- brokers, (b) family members, (c) mortgage brokers, (d) financial managers, and, (e) real estate agents, brokers, and developers. <><> L/E should scrutinize foundation bank accounts for suspicious activites: (A) large deposits, (B) funds transferred from one account into another, (C) frequent requests for withdrawals. <><> Bank records might also show diversions to secret LLC other accounts, to operate personal adventures---like campaigns. Tax fraud can also be facilitated by withdrawals, gift cards purchases, credit card purchases and intra-bank transfers from foundation accounts into personal and campaign accounts. <><> A huge tipoff is whether bank withdrawals support campaignh activities and luxurious lifestyle including payments for real estate, investment and stock holdings, jewelry, luxury vehicles, resort travel....... and gifts from luxury outlets for wives and mistresses.

Taxpayers demand the Bank Secrecy Act be used to prosecute foundation fraud pronto.

<><> L/E is directed to get ahold of: (1) copies of Clinton Foundations' assorted checks, (2) wire transfers, (3) account statements, (4) invoices, (5) bills, (6) delivery tickets, (7) correspondence including e-mail, contracts, loan agreements, and, (8) any other books or records. L/E should also explore (a) monies paid to brokers, sub-brokers, (b) family members, (c) mortgage brokers, (d) financial managers, and, (e) real estate agents, brokers, and developers.

<><> L/E should scrutinize Clinton Foundations' assorted bank accounts for suspicious activities: (A) large deposits, (B) funds transferred from one account into another, (C) frequent requests for withdrawals.

And study those tax returns with a fine-tooth comb.

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