Fournier began his journalism career in 1985 at The Sentinel-Record in Hot Springs, Arkansas. Two years later, he moved to the Arkansas Democrat in Little Rock, Arkansas. He stayed there for another two years before joining the Little Rock bureau of the AP in 1989. While there, he covered Bill Clinton during his final term as Governor. When Clinton was elected President, Fournier moved to the AP’s Washington bureau.
The 1985 State of the Union address was given by President Ronald Reagan to a joint session of the 99th United States Congress on February 6, 1985. The speech was the first State of the Union address of President Reagan’s second term.
The Democratic Party response was delivered by Governor Bill Clinton of Arkansas, Governor Bob Graham of Florida and House Speaker Tip O’Neill
******
Ron Fournier was a ‘reporter’ in Arkansas when all of this happened, yet he still kisses their a**es!
1985 - APRIL
Bill Clinton asked McDougal to host a fund-raiser to pay off
a $50,000 personal loan that Clinton had borrowed to help
finance his 1984 campaign. The event raised $35,000. ( An
article in the USA today states that most of this money came
in the form of cashier checks from Madison Guaranty under
the names of prominent depositors. Those named on the checks
have been contacted and have stated that they never
contributed money to Clinton. This has investigators
examining the possibility the money from Madison was
illegally diverted to Clinton campaign. If true - that
Madison gave money in the name of a depositor without that
person’s knowledge - that would be improper diversion of
depositor funds, a felony.)
http://whatreallyhappened.com/RANCHO/POLITICS/CALENDAR.html
4-4-85: Senator William Fullbright gives a $3,000
contribution - money he just received from McDougal - to
Bill Clinton at a fund raiser at Madison’s Little Rock HQ.
This event was used to retire a $30,000 debt Clinton had
from a loan taken out during his ‘84 campaign. So Hillary
had signed a loan where a portion of the money had been
diverted to others and then given to Bill to retire his
loan. As the Flowerwood account was overdrawn by 4-19, this
is an example of diverting S&L money to Bill while
contributing to the default of Madison.
4-30-85: Hillary Clinton, who represents Madison, proposes
an unusual stock sale to shore up the troubled S&L. This was
described as a “precedent-setting” stock reissue plan to
state regulators to save Madison (Washington Post, 1-24-94).
Madison’s attorneys included a Frost & Co. audit of Madison
to demonstrate its solvency as part of their petition to
state regulators (Los Angeles Times, 1-16-94).
Schaffer approves the deal over the objections of the
banking commission ( and Federal regulators). (Madison was
represented before Schaffer by Hillary Clinton, on retainer
by McDougal at $2,000 a month. McDougal says he hired
Hillary because Bill Clinton begged him to. Schaffer, in a
“Dear Hillary” letter, approved the Stock sale. Federal
regulators complained to Schaffer about McDougals business
practices, but she did nothing.)
December ‘85 -January ‘86 - needing capital to correct the
books for the double pledging (as well as other deals),
McDougal gets in bed with David Hale, Jim Guy Tucker, and
Bill Clinton. They plan a scheme where money from Hale’s
Capital Management Services Inc. will flow to McDougal, Jim
Guy Tucker, and Stephen Smith (once Clinton’s chief of
staff). By January the money begins flowing to these
people. Hale is later placed under indictment for
fraudulently getting federal backing for Capital Management
Services Inc..
1986 - FEBRUARY
David Hale, a local judge ( appointed by Clinton ) and a
federally sponsored tending-company operator, was asked by
Clinton and McDougal to arrange a loan of $300,000 to clean
up dubious loans at Madison S&L. Hale approves the loan for
that amount to McDougal’s wife, claiming one of her
companies qualified as a disadvantaged small business (
minority owned firm.) ( Also, Hale is later indicted on
charges of defrauding the Small Business Administration.)
additional checks from the 300K totaling $36,000 went to
International Paper Realty Co for another land deal. At the
same time, Gov. Clinton gives International Paper Realty Co
a large tax break.
[July, 1986 - At this point, we know that the Flowerwood
Farms note has not been paid because the check won’t be
cashed for 2 more months. Thus, Hillary is still on the
hook for the Flowerwood note (as well as the possibility
that she was a willing participant in the fraudulent double
pledge of the lots). The paper trail still points to
Hillary. Clinton runs into Hale in Little Rock’s University
Plaza Mall and says “Have you heard what that fucking whore
Susan has done?” Hale claimed he did not, and Clinton
rushed off without explaining. Bill is agitated about the
paper trail on Flowerwood as well as the possible sweetheart
deal given International Paper Realty Co and the fact that
both he and Hillary could be in big trouble.]