Skip to comments.NEWSWEEK: Democrat Donor received $22 million in "Oil for Food" Scandal
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.
Interestingly, the LAT contributed to the report in Dandelion's #21, the Houston Chronicle article.
"Wyatt appears to have used his ill-gotten gains wisely - buying the leftovers of Enron."
No wonder JFKerry is pushing the Kyoto Treaty, and why these lying liberals stopped bringing up Enron.... JFKerry running for president off Saddam's blood money.
No wonder JFKerry is against removal of Saddam!
And FWIW, didn't Wyatt give something like $100,000 to Toon's first inauguration committee?
|RNC REPUBLICAN NATIONAL STATE ELECTIONS COMMITTEE|
|DSCC/NON-FED UNINCORP ASSOC|
| GREEN, RAYMOND EUGENE 'GENE'
VIA GENE GREEN CONGRESSIONAL CAMPAIGN
| KERREY, J ROBERT
VIA KERREY FOR U S SENATE COMMITTEE
|DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE|
|DEMOCRATIC CONGRESSIONAL CAMPAIGN COMMITTEE|
| DASCHLE, THOMAS ANDREW
VIA A LOT OF PEOPLE SUPPORTING TOM DASCHLE INC
| KENNEDY, JOSEPH P II
VIA CITIZENS FOR JOE KENNEDY 1988
| MCCAIN, JOHN S
VIA MCCAIN FOR SENATE '98
| DINGELL, JOHN D.
VIA JOHN D. DINGELL FOR CONGRESS COMMITTEE
| BENTSEN, KENNETH EDWARD JR
VIA KEN BENTSEN FOR US SENATE COMMITTEE
| ROCKEFELLER, JOHN DAVISON IV
VIA FRIENDS OF SENATOR ROCKEFELLER
| BREAUX, JOHN B
VIA JOHN BREAUX COMMITTEE
| DINGELL, JOHN D.
VIA JOHN D. DINGELL FOR CONGRESS COMMITTEE
| BENTSEN, KENNETH EDWARD JR
VIA KEN BENTSEN FOR CONGRESS COMMITTEE
| MCCAIN, JOHN S
VIA MCCAIN 2000 INC
| BELL, R CHRISTOPHER
VIA CHRIS BELL U.S. CONGRESS COMMITTEE
The Baltimore Sun put its article on this (written by an LA Times writer) on the inside columns of page 9A. They name Wyatt in paragraph 3, but never mention his ties to Democrat Party.
They also name "Samir Vincent who headed a Virginia-based firm called Phoenix International." Have we heard of this organization before?
Don't have the exact amt handy, but that sounds right.
Is this the Republican's October surprise -- delivered more effectively by Newsweek?
Also wonder how much this donor gave for the Clintons library. I have read that Marc Rich was in on the "Oil for rotten Food" scam and his X supposedly gave loads for the Clintons library.
Looks like Clintons may well have prospered off Saddam's blood money....
What an interesting made-for-tv reality show this could make.
Well, considering Oil For Food was started during the Toon admin, I'm not surprised that their cronies would be making money off it. I'm just wondering why no-one seems to be curious about whether or not the Toons themselves profited from the program. Can anyone really see the Toons letting their pals get all the gravy?
I'm not getting too worked up over this revelation. There could be 20 Democrat donors on this list, but if there is even 1 Republican, it will neutralize the entire argument.
:-( ... I guess I've become somewhat pessimistic in my old age ... lol
Marc Rich's is the Glenco Re (or Glencore) company named in the MEMRI memo, right?
Yes. The pardon becomes ever so important, Clintons wanted the money. Talk about bribes....
There seems to be not one inch of soil on this globe that the Clintons have not polluted.
One of the most prolific purchasers of the oil was Swiss-based Glencore run by one-time fugitive American financier Marc Rich, which the report alleges paid over $3.2 million in kickbacks to the Iraqi government. Rich, formerly wanted for tax-evasion was pardoned by President Clinton in his last days in office.
The report says that the company denies any inappropriate deals.
At the time of the pardon, many people puzzled over why Bill Clinton would pardon a man who fled the country and whose status as a fugitive had been under negotiation with the FBI just prior to Clinton's action. Instead of cutting a deal with Rich to get him back to the US to face charges, Clinton pulled the rug out from under the FBI. Without the leverage of the charges, Rich had no further motivation to cooperate with the DoJ on any outstanding investigations.
At the time, the presumption was that Rich's wife had donated enough money to buy the pardon. Now, however, the question may be whether Clinton knew about the corruption and feared that an aggressive Bush administration policy would uncover Rich's participation in undermining Iraqi sanctions while Rich raised funds for both his presidential library and Hillary's election. Capt.Quarters.
And I believe Vincent was on the MEMRI list, too, as receiving 7 million barrels/vouchers from Saddamn.
In the interest of fairness to the sKerry campaign, I demand that this thread be pulled.
Interesting blog post about Samir Vincent.
He's an Iraqi Chaldean Christian who is active in "antiwar" circles, apparently.
Samir Vincent: 7 millon barrels of oil from Saddam
The largest of the allocations went to Wyatt, who the list said had received allocations totaling 74 million barrels. At the profit rates of 15 cents to 85 cents per barrel that were reported in the arms inspector's study, he could have earned $23 million.
The names of the American companies and citizens who benefited from the voucher scheme were not included in the published report prepared by the Iraqi Survey Group that was released Wednesday by the CIA, because the names of American individuals cannot be publicly disclosed under privacy laws. But the names were contained in unedited copies given to the White House and to several congressional committees.
Tony Fratto, a Treasury Department spokesman, said U.S. sanctions on Iraq had prohibited American companies and individuals from interacting directly with Iraqi officials.
But the oil dealers were permitted to get special authorization from the federal government to bid on U.N. contracts under the oil-for-food program. He said the agency was "actively investigating" whether the American entities and people circumvented that requirement.
"Tony Fratto, a Treasury Department spokesman, said U.S. sanctions on Iraq had prohibited American companies and individuals from interacting directly with Iraqi officials".
Is Vincent a naturalized American citizen, then?
the world is infested with bureaucrat entrepreneurs
That's the DemocRAT Party in a nutshell!
The RNC, Bush/Cheney, leading Repubs, etc. - regardless of the Lib Media - could hang Dems/Kerry with this IF they had the CAJONES!
Old Media will not pound away on this matter, unfortunately.
Here's the post from the DU:
Article on MSNBC. Can you believe what they are saying about our party?
Here's the link: http://msnbc.msn.com/id/6214647/site/newsweek /
Here's a piece...
"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 2000profits 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."
They are claiming that some of Kerry's campaign money came from the UN Oil-For-Food scandal! Something about some Duelfer report that the CIA had deleted.
This would be covered 24-7 for the next 23 days if this were a Bush donor. But since the donor is a Kerry supporter I doubt this will get much coverage by the MSM. Besides, if the MSM was interested about who was in Kerry's back pocket, George Soreass's connection to drug cartels and money laundering would get some scrutiny. The MSM knows that if the mind-numbed masses were exposed to the truth he would drop 15% in the polls immediately.
The President must start bringing up John Kerrys NO vote to the Gulf War... These ties to oil from Sadaam and the influence of Wyatt are just too coincidental ... My take is that Kerry was under influence from Wyatt contributions to vote no on the Gulf War...
It makes no sense for him to stand there now and say coalitions are important but vote no when Bush 41 build the largest coalition in recent history to oust Sadaam from Kuwait...
It makes more sense that his vote was politically endorsed by direct contributions from Wyatt...
This whole Sadaam Oil for Food and undermining sanctions stinks to high heaven of Democrats influences...
No, they probably won't pound away. But the fact that Newsweek and the NY Slimes are writing these articles with the LA Times etc. contributing astonishes me.
Perhaps this is such a "global" story that the Old Media might not be able to pass it up entirely. We can hope.
Who care what the mass of unwashed are saying? Of course they're having seizures over it.
CBS management knew the TANG memos wer in the pipeline because it came from the DNC. There is a possibility that ABC and the rest of the MSM got the heads up from the DNC that the party had a Oil-for-Food liability as well and to take precautions.
The best way to defeat the truth is to call it a lie from the start.
my hope is to make the seizures even more violent...
[snip] "The 918-page report says that four American oil companies - Chevron, Mobil, Texaco and Bay Oil - and three individuals including Oscar S. Wyatt Jr. of Houston were given vouchers and got 111 million barrels of oil between them from 1996 to 2003. The vouchers allowed them to profit by selling the oil or the right to trade it.
The other individuals, whose names appeared on a secret list maintained by the former Iraqi government, were Samir Vincent of Annandale, Va., and Shakir al-Khafaji of West Bloomfield, Mich., according to the report by the inspector, Charles A. Duelfer."[snip]
Report Cites U.S. Profits in Sale of Iraqi Oil Under Hussein - October 9, 2004
Freepers, we have more names...
It wouldn't be surprising if Kerry is found to have been more directly on Saddam's payrole.
It's nice to see that after covering up the UN blood money for oil scam for nearly a year, the mass media is finally beginning to cover the story. I guess they don't have much choice if they want to retain a shred of credibility.
The truth will out ~ Bump!
Be Ever Vigilant!
Great article...some BAD guys coming out of Texas...Wyatt, Burkett, Rather, Begala, etc
Texas dems are evil
bttt for later
darn - I was hoping for Soros name
George W. Bush will win reelection by a margin of at least ten per cent.
At end of this morning's Chris Matthews Show, Matthews said to his panel members: "tell me something I don't know."
Panel member and NBC reporter Andrea Mitchell said (I'll paraphrase here): "The French are furious that they were fingered for corruption in the UN Oil for Food program, but Americans who profited off of the program were left out in the report as released. It will come out that Texan oil men were also involved in the program."
Matthews: "An R next to their names or a D?"
Mitchell: "An R."
I have my doubts as to the accuracy of Mitchell's claim. Maybe a few 'Pubs had small or indirect connections to the Oil for Food program, but the Dems had a major involvement and Mitchell is now trying to innoculate Kerry and the Dem Party against Oil for Food corruption charges.
I will ping some Freepers with good size ping lists on my next reply.
FYI and ping lists.
Another example of the lying elite fascist bastards of the dark left side of America.
If true what will be the effect on Ebay's stock?