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.
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?
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