Saturday, June 9, 2018

Money Laundering: Obama-Style



Obama's $1.5 Billion Scam
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[NYT 09012011 - Matthew Wald]

Some of you may recall the Solyndra debacle, in which Obama declared he was promoting private enterprise, and US manufactured Solar Panels, to create jobs.  He invested $527 Million in direct loans from the Federal Financing Bank under the 2009 Stimulus Package to Solyndra -- by-passing the normal scrutiny by the Treasury Department auditors;  private investors, thinking this was a solid, federally-backed program, invested another $1 Billion.   After all, President Bush had blessed it in 2006, so what could possibly go wrong!

Obama visited the company in 2010, proclaiming it was "... leading the way toward a brighter and more prosperous future" and had hired 1,100 workers.  Below the radar, though, the OMB watchdogs noted that Obama had "... bypassed key taxpayer protections in a rush to approve the funds."

As federal auditors and investors watched helplessly, Solyndra executives were funneling the cash to offshore banks through bogus invoices to "partner companies" which existed solely to create invoices for future auditor review.

By 2011, the company executives had safely transferred virtually all the cash to a variety of offshore banks; they decried the Chinese competition as underpriced, and thus Solyndra was declaring bankruptcy and firing its 1,100 workers.

A flurry of "investigations" followed, but, with Tim Geithner running the Treasury Department, and Eric Holder at the Department of Justice,  and Bob Mueller heading the FBI, not much progress was made in following up with investigations, much less prosecutions.

So, you say, why reprise this scandal!
The depths of that corruption have already been plumbed, and there's not much to be done about it now except to wring our hands and say, "thank God Obama is out of office!"

But, wait, there's more!

Well, no one ever really created an audit trail on that $1.57 Billion.
But, we do know that Obama entered office with a net worth of less than $250,000, and left with an estimated net worth of several billion.  We are told that he was a frugal man and saved his money, and invested wisely.

So, where did it all go?

It seems the Solyndra cash, along with other billions of dollars from the stimulus packages were passed through shell companies to a variety of off-shore banks in the Caribbean, China, and elsewhere in the Pacific. [Other monies, directly from the NY Fed were transferred to European and Indonesian banks in 2008 by Tim Geithner - then President of the NY Fed].

And, what was done with all that cash?
We're slowly unraveling that as reports emanate from Trump's Treasury Department.

A lifestyle Obama has become accustomed to
at our expense
As luck would have it, Obama's CIA was managing Intelligence/ Interrogation operations in a remote part of Thailand, and, while visiting, Obama decided he needed a hideaway.

The house, on 400 acres, is in the Northeast section of Thailand, near Ubon Ratchatani, a former US air base during the Vietnam War.  AID had modernized the infrastructure of the area, and it showed growth promise.

So, Solyndra, using its ill-gotten gains, bought a comfortable house, accessible to a semi-private airport, with other attributes we'll discuss below, to accommodate Obama's international aspirations.

This is a swell spot to vacation, and to manage his Shadow Government if things get sticky elsewhere.  During his time in office, Obama visited Thailand six times, and in 2017, visited there another four times.  It apparently appeals to him.

But, aside from the obvious comfort levels, what else would take Obama to this remote part of the world!

As we've noted frequently in the past, there's more to Obama than meets the eye.

Before entering US politics, he was reared in an Indonesian Muslim environment, and listed as a Muslim student. When he came to the US with his mother, he was tutored by his Communist "father", Frank Marshall Davis who inculcated young Barack with Communist doctrine.  Once in the US, it seems that Obama's employer, the Ford Foundation, may have prepped him for the US political system, greasing the skids for a Blitzkrieg rise to the Oval Office.
Essentially, Obama is a double edged sword -- as a Communist AND an Islamic radical.

So, what, you might wonder; we already knew most of that history.

If you take his background, and his aborted attempts to create a Socialist/Communist state in America, he is likely on the same path on a global basis.  He has announced he would like to lead the United Nations [probably not a certainty at this point], but, what better background to start tweaking developing countries.  He attempted to create a totalitarian Communist state in the US, populated with Muslim Brotherhood operatives, Iranians, and Communists.  He and Hillary did their best to undermine and overthrow the governments in a number of countries, and was finally outed as a result of Hillary's Benghazi fiasco.

You may recall that Thailand has been beset by chronic Communist protests throughout the past decade, with a highly critical world Press condemning the Thai Military Government for its aggressive posture against dissidents.

Reportedly, a recent raid on the compound [quickly vacated] produced encrypted laptops,  $200 Million in gold bullion, and dozens of crates of Chinese weapons and explosives.

[The Thai government reportedly confiscated the estate under the provisions of the ASEAN Declaration to Joint Action on Counter Terrorism.]


That is not an aberration in either case, since the Communists have tried to overthrow the Thai Government since the mid-1950s.

Thailand was strengthened as a US ally during the Vietnam War, all the time fighting a Chinese  Communist insurgency supplied via Vietnam, Cambodia, and Laos in the Northeast, and a Muslim insurgency at the border with Malaysia.

So, here, we get a two-fee.

Obama's Mansion is strategically positioned
The insurgency in NE Thailand was headquartered right across the Cambodian border from Sisaket during the Vietnam War, while supplies and cadre crossed the river from Laos to operate near Ubon and Nakhon Phanom [NKP][another US air base].

It was a viable and dynamic insurgent movement, with cadre recruited locally and trained in China, from which they would return to the region to recruit among the local villagers.

Mr Obama's Mansion is/was perfectly located to coordinate future insurgent paramilitary operations in this region already prepped for a renewed political offensive.  While in US office as POTUS, he appointed Glyn Davies as his Ambassador, who immediately upon arriving, began supporting dissidents and supporting enemies of the Thai state.  This was in tune with the unwelcome UN involvement in Thailand which drew extreme criticism.
[and you'll recall how well UN involvement in the internal affairs of South African has worked out.]

At the conclusion of the Vietnam War, a few stray bombs released from US F4s found their way across the Cambodian border, setting off more than 300 secondary explosions, disintegrating soldiers, food stores, and weapon/ammunition stocks -- and essentially ending the insurgency.

What we learned later was that Henry Kissinger, in 1972, assured China that the US had no further interest in the region and would not interfere in a Chinese Communist incursion.  At the same time, Henry shut down all existing and clandestine Intelligence networks, some of which dated back to World-War-2 OSS nets.  Without those established nets, it will be difficult to monitor the flow of political activists and insurgent cadre and combatants as they flow in from China to be guided by Obama -- and Soros.

To tie all this information together,  Solyndra has used the cash it siphoned from the US federal loans and private investors to acquire a number of real estate properties scattered about in Southeast Asia, valued at over $800 million.  Given Trump's interest in these matters, we expect him to encourage other Southeast Asian countries to employ the ASEAN Declaration to Joint Action on Counter Terrorism.

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Editorial Note:
We have some relevant knowledge of this situation as we served as the Regional Intelligence Advisor to the Thai Communist Suppressions Operations Command [CSOC] in another lifetime.