Judicial Watch, the government watchdog group, is going to investigate the loan scheme being used by the Clintons to "purchase" their new home in New York.
In a statement, Judicial Watch said:
"First, the 1.35 million dollar 'loan guarantee' by Chinagate fund-raiser Terence McAuliffe is nothing less than an outright gratuity to the president personally, which is illegal under government ethics and bribery laws. Federal court testimony in Judicial Watch’s Chinagate case has already shown that McAuliffe was involved in illegal fund-raising and influence peddling; this seems more of the same. Judicial Watch also questions why the White House Counsel’s Office, which 'approved' the loan scheme, is giving the Clintons personal legal advice at taxpayer expense.
"Second, there is no legal or ethical way for a bank such as Banker’s Trust Co., which reports indicate is foreign owned, to give a million-dollar mortgage to a couple who professes to be $5 million in debt. Also, no bank can use an illegal 'guarantee' from a Clinton fund-raiser as collateral for any loan."
"This loan scheme blatantly violates government ethics and banking laws. Bill and Hillary should be subject to the same standards for mortgage as every other American couple," said Judicial Watch chairman Larry Klayman.
Judicial Watch will immediately investigate and challenge the loan scheme and warned that any bank making improper loans to the Clintons could be subject to severe criminal and/or civil liabilities. Judicial Watch notes that there is an ethical way for the Clintons to buy a home -- liquidate their million-dollar trust and use those proceeds to buy a modest house outright.
"Based on their history, laws against bank fraud and bribery seem of no importance to Bill and Hillary Clinton. They continue to think they are above the law. We are committed to reminding them that they are not," stated Klayman.
All Rights Reserved © NewsMax.com
Good for Mr. Klayman, trying to make the illegal duo obey the law. I don't think there is anything these two won't try and the press will just continue to give them a pass.
Guess its time to get out the dictionery again and get ready to change the meaning of the word "mortgage".
Larry Klayman, Mark Levin are two great guys.
You know, if it weren't for Larry Klayman, we wouldn't even know that so much of what the Clinton's do is illegal. Most laypeople, and even many lawyers don't have the legal expertise to know the difference between what the Clintons do that just seems wrong, and what the Clintons do that you and I would go to jail for.
Keep up the good work Larry Klayman!
Come on! The laws don't apply to king billy and the evil queen hillary.
They are both great guys and aren't we lucky to have them on our side. Bil and Hillary must be reminded that they are not above the law!! Who ever heard of a couple 5 million dollars in debt able to make a mortgage over a million dollars??? We should wait and see if the house is indeed bought upfront and find a legal way to repossess it. Wouldn't that be fun? I can't think of a couple who would deserve it(the repossession) more!
Anyone know the address of this dump?
Back when Bill Clinton announced his retroactive tax hike, and that what was formerly understood to be middle income, he was declaring "wealthy". Without any increase in my income, I went from middle class to "wealthy" retroactively! I couldn't even make ends meet. I couldn't come up with a down payment for a small tract house in a gang infested neighborhood. By contrast to King Billy, I earned considerably less than him. I still had to pay for my own housing, food etc. Costs that he doesn't have to bear for himself. Despite the financial burdon placed on me, and every other taxpayer, I didn't have $5 million in debts.
I would like to see him deal with a real bank, and without the generousity of "friends". I would like to see him live within his means, in the manner most suited to his real financial situation, i.e. one cardboard box for he and Hillary, and an adjacent one for the Secret Service.
Go Larry, Go!!!
[
Refresh
|
Top
|
Last
|
Latest Posts
|
Latest Articles
|
Post
|
Abuse
|
Help!
]
FreeRepublic , LLC, PO BOX 9771, FRESNO, CA 93794 Forum Version 2.0a Copyright © 1999 Free Republic, LLC |