CLINTON AND MADOFF SIAMESE TWINS OF AMERICAN GREED

BERNIE MADOFF FUNDED HILLARY CLINTON AND TOOK NO PRISONERS IN PURSUIT OF WEALTH

Bernie Madoff has the dubious distinction of being the world’s biggest swindler. Madoff who is serving a jail term of more than 100 years pleaded guilty to swindling some of the most respected and celebrated figures of our time. His ambitions of wealth and greed seemed to know no bounds.

He defrauded the Simon Wiesenthal Centre, Elie Wiesel the Jewish Nobel laureate, holocaust survivor, poet and a number of Rabbis. He also defrauded some of the top universities like Harvard and other institutions of higher learning and public charities milking their trusts of all the money they had. All of Madoff’s victims risked reputational damage if they came forward.

Why is all this relevant? Madoff is himself a Jew. Wiesel like the Simon Wiesenthal Centre were vulnerable. The institutions of higher learning are meant to produce the brightest and best amongst us.

THE SUPER RICH AND THE SUPER STUPID AND THEIR BILLIONS- A FOOL AND HIS MONEY

Madoff’s crimes earned him over US$100 billion. That figure has gradually been revised down to half that sum to US$50 billion as if that makes the crime less grievous or repugnant.

As the evidence now emerges, a reason widely touted as to why the quantum of Madoff’s loot was reduced is because Bernie Madoff’s many victims were less than forthcoming about their losses including the Soros and Clinton networks.

Madoff’s victims many of them the super rich did not wish to be exposed to the IRS for having failed to declare the extent of their true wealth, much of which they parked with Madoff’s fund. There was an element of greed amongst Madoff’s investors. Perhaps that’s an understatement when one considers the Clintons and George Soros.

But what is important is that because of this matrix of the super wealthy and super powerful victims, Madoff literally got away with the sins of his swindle. There was no trial. He was advised to enter a plea of guilty thus avoiding a full trial and the airing of dirty laundry of those who had everything to lose like Clinton and Soros.

Madoff had money with Soros the hedge fund billionaire and “philanthropist” and vice versa. Thats where the investigations should have turned to. They didn’t and why?

Investigating the Madoff Democrats, Soros and Hillary Clinton nexus would have destroyed their reputations irreparably. Madoff’s engineered silence and plea of guilt which they managed to keep intact before the 2016 presidential race saved Hillary Clinton’s already tarnished reputation from further erosion-but just. Neither presidential candidate wanted to admit to a link to Madoff pre 2016.

THE CIVIL FORFEITURE ACT- SOME ARE MORE EQUAL THAN OTHERS BEFORE US LAW

The Civil Forfeiture Act a controversial and some say unconstitutional piece of legislation side steps the due process clauses of the US constitution. It was created to deal with precisely the kind of situations and unlawful accumulation of wealth like Madoff and the Clintons’ had accumulated.

The Civil Forfeiture Act is an overreaching piece of law and is only meant to be used selectively by US law enforcement and the Department of Justice in exceptional cases. It is instead a widespread tool used by state police in confiscating vehicles, jewelry and money from unsuspecting mainly Latino and African American and female motorists in the lower middle classes.

The Act it seems has never been suited to seizure of the accumulated obscene wealth of American socialites and people like Madoff, Clinton or Soros. Nice perhaps to have someone like Loretta Lynch at the helm of the DoJ with  compliant FBI with Comey in tow.

The Civil Forfeiture Act does not often recognize the constitutional requirement for judicial oversight to protect offenders. In fact it is said that over 89% of seizures under the Act is carried out without judicial oversight. So much for American democracy and the right to a defence and to be heard.

THE FACTS BURIED IN A GUILTY PLEA- WE MAY NEVER KNOW WHAT WE SHOULD

Bernie Madoff was not tried in open court. We do not know the full facts of the case- Claims of US$100 billion then US$64 billion now US$50 billion seems a ridiculous manipulation and distortion of the truth.  We may never know the full extent of the truth because of the powerful people involved. As long as they have something to fear and hide no one it seems will know the whole truth.

The US government is struggling morally and legally to get to the bottom of Madoff’s fraud because of its consequences to the administration of justice in the US and of the people involved.

Madoff’s crime impacts on the integrity of the NASDAQ, the most active stock exchange in the world often referred to as the benchmark and barometer of the US economy. It impacts in the integrity and competence of the IRS,the SEC, Harvard, the Wiesenthal Centre, churches and congregations all of who invested for one reason or the other with Madoff. Their motives were greed

Bernie Madoff was chairman of the NSADAQ for a very long time whilst running a parallel economy and hedge fund in conflict with his obligations at NASDAQ and the law. His fraud embarrasses the IRS and the Securities and Exchange Commission (SEC) because the SEC failed to track Madoff’s activities inspite of being alerted by several economists and funds managers to a possible fraud and irregularities in his fund’s.

There were complaints and suspicions over Madoff’s claims to a constant positive high return on his fund over a long period of time. All this inspite of the vagaries of the markets dipping and peaking during the period Madoff claimed to be making spectacular steady returns for his clients.

Complaints to the SEC and FBI complete with the math were submitted by people like Harry Markopoulos. They were ignored.

That failure by the SEC of itself points to perhaps at the very least the existence of an unregistered ‘black economy’ producing such returns operating under the radar of the IRS and the SEC.-. It also strips the SEC, the IRS and the DoJ and FBI of any credibility in law enforcement and regulatory oversight.

It also points to the existence of a huge black economy in the US which either attracted and was supported by the rich and powerful there, perhaps also legislators like the Clintons, and a range of other luminaries often held up to be the gold standard of morality and patriotism US style. So what is the real state of the US economy?

THE MARRIAGE OF AMERICAN CAPITALISM AND ITS POLITICS

The culture of American capitalism is such that every American who can help it, rich and poor alike does as much as they can to avoid paying their full fair share of tax on their wealth.

The many who invested their retirement savings and any spare cash they had ‘under the mattress’ were not looking to retire in a shack in the sun. Their Madoff like dreams in fact were to fund those garish vulgar monuments to opulence minus taste in places like Florida whilst the rest of America paddled furiously upstream just to survive.

Whilst America was going through an ugly illegal war abroad, the governments of George Bush Jnr and William Jefferson Clinton paved the way for the Bernie Madoffs of this world making it easy for the proliferation of so called hedge funds (Ponzi schemes) to blossom and to operate under the nose of the IRS and SEC with little or no regulatory oversight.

The Mortgage and College loan bubbles were created as a distraction to organized opposition to the war in Irak and Afghanistan. These were two ‘churners’ for a dysfunctional economy facing the seemingly insurmountable challenges of the emerging economies of China, India, Mexico, Turkey and places like Chile.

The US had no antidote to any of these situations and having learned from the power of the media in the Vietnam war that caused them to lose that war- George Bush and Bill Clinton embraced and legislated for a powerful pro hype, user pay media to shield their science of fast money economics from public scrutiny. It was debt debt to the death no questions asked. No one not least the fourth estate was listening.

PLEADING GUILTY TO AVOID THE TRUTH-WHERE WAS THE DoJ AND THE FBI?

People like to say it is all over now that “Bernie pleaded guilty” and is paying for it in jail for 100 years. But that’s convenient. The fact is Bernie Madoff avoided a trial of the facts thus allowing the failures and incompetence of the SEC, the IRS and the reputational damage to the DoJ, the Clintons and Soros’s to go unnoticed and unresolved.

Notably the US government, Loretta Lynch in particular and the DoJ were shown up for what they really are; crooks who use the law like the double edged sword it is to bully those unable to defend themselves like Malaysia’s former PM Najib on one hand and on the other as a shield for the Clintons and Soros’ of this world who are believed to have received money from Madoff benefitting from it.  

The truth about the Clinton Madoff Soros nexus is only now beginning to surface much to their discomfort. Tony Blair and his family had money parked with Bernard Madoff. They are not alone. Members of the British Royal Family are cited as being some of Madoff’s victims.

The DoJ attacked the former Malaysian PM whilst confiscating Malaysian owned assets in the US without proper proof, due profess or judicial oversight. On the other hand  Loretta Lynch, Hillary Clinton and George Soros are known to have benefited from Madoff’s swindle.

By contrast there was no proper lawful complainant in the 1MDB case. It was a set up from the word go. Unlike the 1MDB affair there were many reliable and dependable sources of complaints against Madoff’s swindle. The DoJ and FBI shut their ears to it and along with Hillary and Soros protected Madoff.

SURE BET HILLARY WOULD TAKE CARE OF BUSINESS-LYNCH AND THE FBI CORRUPTED TO THE CORE

The DoJ acted unconstitutionally by evading the due process clauses of the US constitution when attacking 1MDB when applying the Civil Forfeiture Act against 1MDB. They did nothing to seize the assets of the biggest fraudster in US history Bernie Madoff. It was the Trump presidency that in 2017 decided to act on Madoff’s loot and redistribute some of it to his victims using the Civil Forfeiture Act.

Hillary and Lynch deliberately covered for Madoff because as it is now known the Clinton Global Fund had accepted money from Madoff to fight the 2016 presidential elections. Some of it was diverted to a Soros subsidiary fund before Madoff made the admission that he had defrauded the public. Madoff it is said had expected a “retrial” and hefty returns and support from a Hillary presidency. No one in their right mind believed Hillary would lose. But she did.

The DoJ under a Democrat government did not invoke the Civil Forfeiture Act, an act designed precisely for Madoff type situations where criminality is either proved, suspected or admitted to. In the 1MDB case it was merely suspected. In Madoff’s case it was proven. Madoff admitted to it.

The DoJ and FBI did not act to seize Madoff’s assets. That’s because it would have led to a trail that would have ended in Hillary Clinton, George Soros’ and perhaps even Loretta Lynch’s and the Democratic party’s doorstep.