The Colonel’s Corner-Mafia, CIA, and George Bush Part 16

auto-scroll word highlight ▶ Rumble @ here

Transcript

0:00 Okay, we're going to go ahead and get started. Hopefully, Bridget will get in here in just a second. Let me go live over here on Rumble. And we're going to start where we left off on Friday. I was planning on having a few shows over the weekend, but too busy with Christmas. So many things to do. Had to put my grandbabies.

0:30 play set together. Crazy. Go buy stuff. Everybody's coming to my house for Christmas dinner. So that's going to be interesting. Lots of people that don't know each other. Hopefully they'll all get along. I'm sure they will. Okay. So where did we leave off? We were...

0:54 Talking about all of the air assets that intermixed between Iran-Contra, the savings and loan, and who was financing them all. We talked about Response Air. We talked about Aidan Khashoggi and his weapons deals. Aero Air, Pan Aviation, Global International. So just to refresh your memory.

1:24 So we start off by talking about Global's creditors in its bankruptcy case with a mysterious Southern California aircraft company that had defaulted on a multi-million dollar loan from one of the biggest failed savings in loan in the country, tying the two together. Response Air had its headquarters in Laguna Hills, California.

1:54 Its principal place of business in 1983 was a hangar at Richard Scobar Air Force Base in Kansas City. Response Air's principal business was the sale of aircraft parts and supplies, according to its incorporation paperwork. It had been incorporated in Miami in 1984, which is very interesting.

2:32 but it's doing business in Kansas City and had its headquarters in California. That's weird. Was it set up by the CIA in Miami with all the rest of the CIA operations in Miami? In October 1984, a year after Global declared bankruptcy, Response Air submitted a claim to Global for $155,000.

3:04 in part that it had never been paid for. Global's bankruptcy attorneys responded with a lawsuit to cover $93,000 Global paid to response in the 90 days preceding its bankruptcy. No officers of response could be located to serve a lawsuit on. And Global's bankruptcy attorneys filed paperwork stating that

3:31 Response had forfeited its California charter for non-payment of taxes and was being investigated by the IRS. The CEO of Response Air was John Campbell, a very common name. But the registered agent of Response was Joseph Ventresca, V-E-N-T-R-E-S-C-A. When the author searched for

4:05 Joseph Ventresca, he found one listed in Southern California area where Response was headquartered. He claimed there was another one in the area and that's who he wanted to talk to. I'm not that guy, which has a very unique name. There's another guy with the exact same name. You want that guy. Response Air was closely connected to a Texas company called Ransom Aircraft.

4:36 It was controlled by Louis T. Ransom of Dallas. In 1983, Ransom Aircraft consigned almost $20 million of aircraft parts to Response to sell. Response would get a third of the profits. In 1984, when Bill Ransom signed a lease in Miami again for Ransom Aircraft,

5:05 His signature was witnessed by Responses representative and registered agent, none other than Vernon Craig. Y'all remember who Vernon Craig is? Holy crap. In late 1970s, Ransom was at the center of an airplane scandal in Australia, where his company's Global Jet Cells and Parmax of Fort Worth were trying to buy 12...

5:34 Lockheed C-130 cargo aircraft owned by the Australian Air Force. A scandal erupted when it was discovered that Ransom's company intended on selling the cargo airplanes to Libya. Although Ransom apparently did not buy the planes because of the publicity, he registered them with the USFAA. Most of the C-130s were eventually brought to the US under the control.

6:04 of a San Francisco law firm called Ford and Vallejo, V-L-A-H-O-S. Two of the cargo planes were destined for none other than the Colombian airline. When federal authorities stopped the transfer, fearing the planes would be used by the cartel for narcotics trafficking. One of the C-130s, according to former Pentagon investigation,

6:35 Jean Wheaton, ended up in Mesa, Arkansas. You know where Barry Seale is. The aircraft arrived in MENA after Seale was murdered, according to Wheaton. Ransom's partner in the Australian C-130 attempted purchase was Max Parks. Park has also been associated with Ian Dr. Doom Smalley, who was a British arms dealer.

7:08 and PhD economist. That's an interesting combination. I'm an economist PhD who on the side does arms deals. Okay, Smalley was arrested in Texas in 1982 in a government sting operation for conspiring to buy tanks and anti-tank missiles in the U.S. for an illegal sale to both Iran and Iraq.

7:38 Smalley was acquitted after his attorney, Richard Racehorse Haynes, convinced the jury that his client had been entrapped by the government. In the fall of 1983, Sunbelt Savings Associate of Dallas made a loan to Ransom Aircraft, secured by a $20 million new and used DC-8 parts. Now, I'm just going to throw this out here to you guys, DC-8s at this time.

8:09 primarily were coming from the Flying Tigers, from Claire Chenault's operation in Southeast Asia Flying Drugs. And I know this personally because UPS bought a bunch of them and I worked on them for Evergreen Airline, which was a CIA proprietary front. So according to the lien filed for that loan,

8:38 The very next lien filed in the state records was a consignment of these parts to Response Air at Richard Scobar Air Force Base with a joint venture of Ransom and Sunbelt. So this document ties all of those together. Less than two years later, Sunbelt filed a lawsuit against Ransom and Response for defaulting on the loan.

9:08 Documents in the lawsuit state that the DC-8 parts, which included 21 Pratt & Whitney jet engines, were purchased from Delta Airlines. The parts were listed on Delta's books at a value of $23 million, according to the lawsuit. It also stated that Sunbelt lent Ransom $1.5 million in August 1983 and $1 million in September, using the DC parts as collateral.

9:37 Sunbelt ultimately received a court judgment against Response Air for the $1.5 million, but it was unable to connect. Now, again, just anecdotal information. These Pratt & Whitney jet engines were required because the old DC-8s met no FAA sales requirements for flying into commercial airports in the United States. They had to re-engine all of the DC-8s.

10:04 Several of ours were taken out of commission at UPS and sent both inside the United States down to Miami, and some were sent to France to get new engines put on them that met the sound requirement. So I'm familiar with all of this stuff. I just had no idea. I mean, this was in the 1980s when this was all happening. I had no idea what was going on behind the scenes. This is just, to me, a crazy story. A federal regulator familiar with Sunbelt.

10:34 And the savings in loan actually lent the $20 million that was recorded in the Texas lien records. None of the money lent on the aircraft parts was repaid to Sunbelt, which finally failed in 1986. Or excuse me, 1986. Under the weight of the defaulted delinquent and worthless loans.

11:04 other insolvent Texas savings in load, including Jarrett Wood Western Savings at a bailout cost to you and I of estimated $2 to $3 billion. That's a lot. Sunbelt Savings, known in the industry as Gun Belt Savings, was controlled by Ed McBurney. He was a Wheeler dealer nicknamed Fast Eddie.

11:34 McBurney's beginnings in the thrift industry go back to George Aubin and Jarrett Woods, with many connections to mobster Herman Beebe. Before McBurney consolidated several smaller Texas savings and loan into Sunbelt, he was the president of Texoma Savings in a small town in North Texas, close to Oklahoma. Through McBurney and Aubin,

12:03 A mutual association of theirs, John Roberts, a San Antonio developer, purchased Commerce Savings in Angleton, Texas from Jarrett Woods. McBurney and Auburn split a $300,000 commission on the sale. Then McBurney would go on to help Woods get rid of some of the bad loans on Commerce's books to facilitate the sale of the savings and loan to Roberts.

12:33 Roberts, as noted earlier, was involved in the huge deals in Houston and Colorado with weapons trafficker Aiden Khashoggi. In 1983, McBurney had control of Sunbelt and Woods had control of Western Savings. The two began making multi-million dollar deals between them. Other big borrowers at Sunbelt included Thomas Gobert, who was owner of Independent American Savings Association, Joe.

13:05 Russo, one of the Kappa Sigma guys, who was the head of Ameriway Savings. Casey Hood, who had been the president of BB's umbrella company, AMI, before he took control of Western Savings. And a guy by the name of Joseph Groves, who was a Chicago mobster who ran San Joaquino Savings.

13:33 McBurney also had several direct dealings with mobster Bebe. One was just a straight loan to McBurney on an apartment project in Dallas. Another one was something completely different. McBurney wanted Sunbelt to buy an airplane for his use, so he went to Herman Bebe, mobster, to get a loan from Bebe's Bolsier Bank and Trust.

14:01 Bebe told him that Beausier didn't have the cash on hand to make the loan. But that wasn't a problem. Not for a mobster. Beausier got the cash by selling participation in a few loans on the books to Carol Kelly at Continental Savings. And where did Continental Savings get the money? Why, from Sunbelt, of course, which bought certificates of deposits from Continental.

14:31 So this round robin exchange meant the money to buy Sunbelt's plane for McBurney ultimately came from Sunbelt itself. This is a good example of the way the savings and loan operated and would serve as a warning to investigators that unless the track of money was followed, you weren't going to find the real story.

14:58 One federal investigator who was trying to track the loans, Richard Ross Miller, got from Hill Financial Savings that he had previously worked on the Butcher Brothers bank scandal in Tennessee. So he had experience in tracking this money. But the most curious loan Sunbelt made has to be the one to ransom aircraft.

15:30 and Response Air for the $20 million aircraft parts. Savings and loan in Texas during the 1980s made lots of unusual loans, most of them not allowed. But the Sunbelt loan on the new and used DC parts appeared very unique. The DC-8, like the 707, was a dinosaur. Beginning in 1985, the two aircraft couldn't operate in the U.S. without special and expensive noise-limiting equipment.

16:01 that I just described to you with personal experience. So the parts were probably headed overseas, although Asthma's Global International Airways was apparently Response Air's biggest customer. It doesn't seem likely that the parts were destined for Global, which used the 707s, not the DC-8s. After Global declared bankruptcy in late 1983,

16:29 and Capital Air declared bankruptcy in 1984. The IRS began investigating Azizma, and the FAA stopped 707s from operating here. The Iranian native moved himself and his business to London. He started a company called Aviation Leasing Group, which owned airplanes and leased them to other companies rather than operating them themselves.

16:56 He built up his fleet to around 50 airplanes and said he wasn't ever going to do business directly in the United States. That's because he was under investigation by the IRS and had already declared bankruptcy here twice. In February 1989, he snuck back into the United States. Without any fanfare, he bought a small cargo airline in Waco, Texas called Buffalo Airways.

17:32 Buffalo Airways was incorporated in Texas in 1982 by Wordy Jack Thompson Jr., a Dallas attorney. Thompson also was an incorporator, along with Bill Ransom, of Global Jet Cells. He was also involved in Ransom's attempt to sell the C-130s to Libya. Small world.

18:01 In 1986, Thompson was convicted of lying on loan applications for a condominium loan from Empire Savings in Mesquite, Texas. Empire was the first savings and loan failure in Texas. Thompson was sentenced to four years in prison and fined $10,000. Shortly before he was convicted, he was disbarred for refusing to give clients money they had won in civil lawsuits.

18:28 Thompson was convicted on four counts of falsifying documents, including overvaluing a condominium he owned in Mexico on a loan application he made to Empire State in November of 1982, just one month before he incorporated Buffalo Airways. Dwayne Sheehy, executive VP at Buffalo, said he didn't know who Thompson was and that Thompson

18:56 now has no relationship to Buffalo. In a written statement to reporters, Azizma's attorney said, the fact that Mr. Thompson incorporated the organization is of no significance. Sure. Sheehy said Buffalo did not start operations until 84 when it began with 2707s. At first, he said Buffalo operated passenger charters. Then he went on to work for Burlington Air Express.

19:26 Flying night freight. Buffalo had five aircraft then and sold a couple of them to Burlington. Then we were the unsuccessful bidders in a second contract with Burlington. We went back to ad hoc freight business from 1984 to 88. That's the official story. The company that got a great deal of Burlington work was none other than Southern Air Transport, the CIA front.

19:58 asked whether Buffalo did business with the CIA. Sheehy said, absolutely not. However, there's an entry in Oliver North's White House notebook that indicates otherwise. On March 21st, 1985, North received a phone call from Alan Fiers, the director of the CIA's Central Task Force, the guy that was heading up the whole Contra stuff down in Latin America.

20:29 who would later plead guilty to withholding information from Congress during the Iran-Contra investigation. Fires reported that a pilot for a Buffalo Airlines 707 flying from Poland to Guatemala was on the ground in London. The next entry states, friend in Seattle. Then underneath that, arms with an ampersand and dollar signs.

20:58 So it appears that Buffalo Airways was flying arms from Poland to Guatemala for the CIA and Oliver North when they ran into some problems in London and had to call the CIA. And if I remember correctly, there's a story in another book about it was discovered what was on that aircraft and they weren't going to let the aircraft take off.

21:27 But Buffalo allegedly fell on hard times, and by February 1989, when Azizma bought Buffalo, it only had one airplane. However, Azizma quickly poured the money in, and by the end of 89, the company had six 707s and was continuing to fly Madrid, Spain, and Stansted, England.

21:54 Azizma said he bought Buffalo as an insurance policy for his leasing business in the event that any company stopped leasing some of his aircraft. Moving on. Now we're going to talk about Jim Bath. Jim Bath arrived in Houston in 1965. He was 29, looking for a job. In the next 20 years, Bath would become good friends and do business with George W. Bush, the president's son. He would go into real estate.

22:29 with Leon Benson, the senator's son. He would work for Edward DuPont's Atlantic Aviation, yes, of the DuPont family. He would take a partner, as a partner, a former Atlantic Aviation executive who was a board member of an organization that provided aircraft for the Contras. He also became the trustee for two of the richest families in Saudi Arabia.

23:03 including one that owned a Saudi bank that provided financing for Aiden Khashoggi. Around the exact same time that Khashoggi and Gurbanov was selling arms to Iran and taking the money to the Contras. The highest profile member was indicted in the summer of 1992 on fraud charges relating to the CIA front bank, BCCI. He also formed a Cayman Islands company.

23:37 Because, you know, anybody that works in Houston that does business with Adon Khashoggi, the Saudis, and George W. Bush and Senator Benson's son is going to need a Cayman Islands bank account and company. So the other principals were also of the Cayman Islands company. They were also in a Cayman Islands company that was a key.

24:08 intermediary for Oliver Norse, the enterprise, in moving private donations to the Contras. And the companies involved were Buffalo Airlines, Skyways Aircraft Leasing, and Azizma's Global International. He also, during this same time, became an asset of the CIA, supposedly recruited by Bush Sr. He also

24:42 this guy's very busy, provided office space for Reza Pavlovi, the late Shaw's son, who was known as Baby Shaw, and was in contact with the CIA doing that. He would also form a company with a former Air America pilot. He also owned stock in Charter Bank, whose directors included

25:14 Trine Starnes Jr., a big Contra supporter and large borrower from Silverado Savings, and several BB-backed savings and loans. He also did business with Jack Trotter, Walter Michener's close associate, who was the trustee for Senator Lloyd Benson's Blind Trust. He also got sweetheart gasoline deals at Houston Ellington Field.

25:43 from none other than the Department of Defense. He would borrow money from Lamar Savings and Mainland Savings, which we covered earlier. Bath is originally from Louisiana. In a deposition in a lawsuit in Houston, he stated that he attended three small colleges in Louisiana, basically going to a school where I could find work. And he worked in radio and TV. He then joined the Air Force, where he became a fighter pilot.

26:17 for five years. His service included three years stationed at Richard's Gabar Air Force Base. That's interesting. So he's very familiar with that base where all of these other CIA affiliated airlines are doing business. When he left the Air Force in 65, he moved to Houston. I immediately began flying and pulling alert at the National Guard.

26:47 That would be the same guard that George Bush Jr. was assigned to? Yes, it is. It was at the National Guard that Bath met George Bush. They became very good friends, according to Bush. But according to Bush, never did any business together. Yeah, we just know each other. We do all of the same business, but we didn't do that business together.

27:22 Records filed in a lawsuit in Houston involving Bath contradicted Bush Jr. They show Bath was an investor in Bush's oil and gas enterprise. Bush did say that Bath is a lot of fun. Bath also met Lloyd Benson III, one of the senator's sons, at the Air National Guard because he was there too. Do you see how that works?

27:47 Bath first got a job in Houston selling aircraft for a Dallas-based company called Brown Arrow Corporation. Brown Arrow opened a Houston office where Bath worked for about three years. In 1968, he was hired by Atlantic Aviation Corporation and opened an office in Houston. In the early 70s, he was promoted to vice president of the aircraft division of Atlantic and basically commuted between

28:19 Houston, and Wilmington for the next several years. That's according to Bath himself. Atlantic Aviation is headquartered in Wilmington, Delaware, where the DuPonts are, and is reportedly the largest business aircraft sales and service company in the world at the time. It is owned by one of the wealthiest DuPonts, Edward.

28:45 Active in the Republican Party in Delaware and cousin to the former Delaware governor, Pierre DuPont, Edward was an officer of the $2 billion family holding company, Christina Securities. He and his immediate family owned or controlled more than $72 million in EI DuPont common stock. Richard DuPont, who owned the CIA-connected Summit Aviation,

29:15 also served on the board of Atlantic Aviation. This is how you tell it's a CIA proprietary. When Bath was working at Atlantic, he negotiated a distributorship agreement with Israel Aircraft Industries. This company was founded by Adolf Al Schwimmer, an American-born Israeli arms dealer and special advisor to...

29:44 The Israeli Prime Minister, Simone Peres. Swimmer, along with, I don't know how you say this guy's name, Yaakov Rimradi. I'll spell it for you. Y-A-A-C-O-V. His last name is N-I-M-R-O-D-I. He's an arms merchant as well and was the former IDF attache to Iran.

30:16 You know where we're going to be sending all those missiles. Gabonofor was also there. And Miriam Nir, N-I-R, who was advisor to Perez on counterterrorism. And Khashoggi. They began devising ways to gain the release of hostages held in Lebanon and open dialogue with Iran. Just give them some missiles, which is exactly what they proposed.

30:51 and work with Khashoggi and Mainland Savings to do just that. In 1973, Bath quit Atlantic Aviation and joined Senator Benson's son to form Bath-Benson Interest. They developed an apartment complex outside of Houston, some airport hangars, which would be very convenient, and a few other real estate deals.

31:23 in Houston. Although they parted company in 76, according to Benson and Bath's deposition, Bath continued to use Bath-Benson letterhead. In July 1990, Bath wrote a letter on Bath-Benson letterhead to the FAA asking for information about the registration of two aircraft. Benson told the Houston Post in a written statement,

31:50 that he and Bath are periodically involved in the disposition of the properties acquired from 1972 to 76. Bath also stated in his 1987 deposition that Leigh and Benson and I still had ongoing partnerships from when we were actively in partnership doing deals. The year Bath and Benson separated in 1976 was a banner year for Bath.

32:18 In March, he started an airplane company, Jim Bath & Associates, with Johnson Taylor, a pilot with 27 years military experience. Tyler Taylor had also worked at the CIA proprietary Atlantic Aviation. On March 7, 1986, a groundbreaking story in the Texas Observer on private assistance to the Contras.

32:47 identified Taylor as being a board member and supporter of a St. Louis-based group called Wings of Hope. The story stated that Wings of Hope provided a plane to another group called Mercy Flight, which was bringing wounded Contras out of Honduras. Another Wings of Hope board member, George Hadaway of Lindell, Texas, told the Texas Observer,

33:18 that crucial support for their organization came from Taylor. Every time he sold a big airplane, he sent us 10%. So we latched onto him pretty quickly. Hathaway also said, I must admit my whole life has been spent concerned with the containment of Marxist doctrine in the Western hemisphere. The author of the Observer piece,

33:49 Dave Dennison said Wings of Hope was also involved in the government health program. Where? Belize. Yeah, you know, where the CIA has their arms camps, terrorist training camps, that Belize. They were flying in and out of there all the time. Several months after Bath and Taylor started Gym Bath and Associates, Bath got a huge break.

34:16 He was named the trustee of Sheikh Salam bin Laden of Saudi Arabia, a member of the family who owns the largest construction company in the Middle East. He's going to be the trustee for his business in the United States. Bath's job was to handle all of bin Laden's North American investments and operations. Mr. CIA front guy? Bin Laden? Yeah.

34:53 As a side note, Mohammed bin Laden was a patient of Adan Khashoggi's physician father and got Khashoggi involved in his first deal as a weapons middleman. This was a truck sale that Khashoggi engineered in the 1950s, just after he had returned from college in the United States. So the world's largest weapons dealer was educated in the United States.

35:23 Khashoggi sent a $25,000 commission to bin Laden, who returned it to Khashoggi. According to federal law enforcement sources, bin Laden also did business with Salam Saab, a Lebanese who was partner in the Cayman attorney's Ian Paget Brown in a company called Sarah Limited, which borrowed money from mainland savings. These sources said Saab, S-A-A-B,

35:54 listed on his resume a contract that he had with bin Laden that was secured by a November 1984 letter of credit. Several months after Bath was named as trustee for bin Laden, he became the trustee for Sheikh Abdullah Baroom, B-A-R-O-O-M, who owned a large Saudi Arabia cement and steel company. So this guy's like the trustee for Brown and Root.

36:24 Then sometime later, he began working for Sheikh Khalid bin Massoud, the former chief executive officer of the National Commercial Bank in Saudi Arabia, which was behind BCCI's financial foundation, the CIA front bank. Sheikh Khalid remained in his position.

36:57 at the National Commercial Bank, NCB, until one week after he and his London-based associate, Haroon Kahloun, were indicted in New York in 1992 on charges that they schemed to defraud regulators, auditors, and depositors in the BCCI. At the same time, the Federal Reserve Board announced that it had found Sheikh Khalid

37:27 And NCB had violated American banking laws because they had tried to buy. They didn't try to buy. They actually bought four U.S. banks illegally through front people that we've talked about before when we covered BCCI. He also bought a luxury penthouse apartment on Fifth Avenue in New York and stock in the M Corp, which we talked about earlier.

37:58 It was NCB that lent some $35 million to Khashoggi in the summer of 1985. Around the same time, Khashoggi was getting $12 million from mainland savings to buy all of those missiles. Sheikh Khalid was an investor in Maine Bank in Houston, along with Bath, Jim Bath. Also an investor was former Texas Governor John Conley.

38:30 and Gaith Perrone, another CIA indicted in the BCCI scandal. In February 92, Perrone, David, Paul, and William Berry were indicted in Miami on charges related to the collapse of Centra Savings, the largest failed savings in loan in Florida. Perrone, who...

38:57 was named in two counts in the 22-count indictment, had good company with the shenanigans perpetrated at Sint Trust, and ultimately the American taxpayer. So you had involved in that Charles Keating, BCCI, Michael Milkins, and others involved. BCCI

39:27 The author notes that BCCI was an international bank of choice for CIA covert operations. It was their front bank. And it talks about some of their shenanigans, which I'll name briefly here. The running of surveillance of Abu Nadal's terrorist network out of their branch in London. They were actually running that terrorist organization, the CIA was. They were connected to...

39:56 Bank accounts opened by Oliver North and BCCI's Paris branch. BCCI operated, had an account with Adon Khashoggi and an association with Monte Carlo's branch of BCCI that Adon Khashoggi used in his arms deals. Sheet Khalid bought into main bank with Bath Conley.

40:26 and Peron in 1976. Conley sold his investment in 1980 to make a run for the Republican presidential nomination. So hey, let me get out of this CIA maze of bank corruption, because real quick, I'm going to clean up and run for president. Holy crap. Then in 1981, Mercantile Texas Corporation, Capital Bank's holding company,

40:57 and soon-to-be M Corp bought Main Bank from Khalid. In 1979, Khalid purchased River Oaks Mansion from Chester Reed, the father-in-law of John Ballas, who pleaded guilty in savings and loan fraud. The Saudi sheik purchased the house for $4 million through an attorney at Baker & Potts.

41:29 which was also handling all of Bath's dealings. One of Bath's closest business associates was Charles White, who had graduated from the Naval Academy with Oliver North and then went to be a fighter pilot in the Navy. White earned an MBA at Harvard. Is that where he was recruited? He then was recruited in 1978 by Lan Benson.

42:03 to work with him and Bath. So I'm going to say yes. In 1980, White and Bath formed a real estate development company. White and Bath split up in 86 and began a fierce legal battle over a $550,000 certificate of deposit in a Caymans Island company that Bath headed. Bath asked White to help him meet the note's payment by taking funds from other partnerships.

42:33 with no liability note. In other words, just move the money around and not keep track of it. White refused to do that. White has lost most of his legal fights and is bitter at Bath and his associates who he claims railroaded him to keep him from exposing Bath's CIA and Saudi connections. Bath said, excuse me, White said Bath told him in 82 that he worked for the CIA.

43:04 No shit, Sherlock. White stated that Bass said he was recruited in 76 by George Bush, the future president and then CIA director, and given the assignment of monitoring the activities of Saudi Arabian investments. I'm going to say he wasn't monitoring them. He was making them on behalf of the CIA because Saudi Arabia at the time was corrupt and in bed with George Bush.

43:35 as later demonstrated in the Carlyle Group, which Jim Baker and George Bush was intimately involved in. And once they accumulated a whole bunch of military industrial complex stock, offered Saudi Arabia, all these same sheiks, an investment in, and they all got rich off of it.

44:02 White said that one time in 82, he and Bath were at the Ramada Club in Houston when Vice President Bush walked in. Bush waved at Bath and said, hey, Jim. So obviously they knew each other on a first name basis. Another Houstonian who knows Bath on a first name basis is Walter Michener. White met Michener when he and Bath were visiting the insurance giant American General,

44:35 partner in the Cinco Ranch development. Bath and Michener obviously knew each other fairly well. Bath's company borrowed $800,000 from Allied Bank and $200,000 from another Allied Bank. That's a million. Michener said that he knows Bath, but just to shake hands with him. Sure. One of Michener's business partner, Jack Trotter, is listed as a reference.

45:07 on Bath's resume. A source close to Bath said that Trotter was one of the Houstonians most responsible for introducing Bath around Houston and getting him all the right connections. Bath and Land Benson brokered a number of multi-thousand dollar tracts to syndications formed by Trotter, who was the trustee for Senator Lloyd Benson's blind trust. Another reference on Bath's resume

45:37 is Sidney Adger, the father of John Adger, Robert Corson's former partner, and also a fellow member of that Kappa Sigma fraternity. A small Houston accounting firm, Weatherford, Kenton, and Associates, which allegedly did work for Michener's company, also did the accounting, according to White, for vast, interesting companies, such as Skyway Aircraft Leasing.

46:09 However, when Michener was asked about Weatherford-Kenton, whose office itself is in the headquarters building of Michener's office, he said he didn't know any of them. Skyway Aircraft Leasing started business in July of 1980 as a company called Cotopax Investments, C-O-T-O-P-A-X. And where was it registered? Not in Texas.

46:40 It was registered in the Cayman Islands. 29 days later, they changed their name to Skyway Aircraft Leasing. The directors met in Georgetown, Grand Cayman. And interestingly enough, the meeting was a week before the name change was registered in the Cayman Island Authority. So I guess they got together and decided they were just going to change the name. The directors named Bath as president and director.

47:14 And then all the rest of the directors resigned, leaving Bath in charge. All of the stock was made into bear stock, which meant that it belonged to whoever possessed it. In his sworn deposition in a lawsuit against White, Bath refused to name the owners of the Skyway stock. Documents filed in another lawsuit indicate that Sheikh Khalid owned Skyways.

47:44 White said Skyways had at least one airplane, a Gulfstream, that was on a long-term lease to Dubai Oil Company. The original subscribers to the original company, who then turned Skyway Aircraft Leasing over to Bath, were Kay Haven Corporate Services of Georgetown, David Bird of Georgetown.

48:16 and Grant Stein of Georgetown. Bird and Stein are both directors of Kay Haven Corporate Services and Attorneys with Walker and Company, a Cayman Islands, Georgetown company that was headed by William Walker. Kay Haven Corporate Services and Bird were two of the three subscribers to the Cayman Islands company, also another company called IC Inc.

48:46 which was incorporated in 85. IC sits right in the middle of a chart drawn by Oliver North. You remember that he had a chart that said IC, and then he had all of these lines going out to everything else. So these people are all involved in the Contra network called the Enterprise. The money started with the donations to Spritz Chanel's.

49:20 National Endowment for the Preservation of Liberty. We talked about that a little bit before. NEPL. Then it was wired from NEPL's account to Palmer National Bank. That's Stefan Halper's CIA front bank in Washington, D.C. He would then put it into the account of IBC. IBC is a public relations company formed by Republican Richard Miller.

49:51 at another Washington bank. IBC would then wire the money to IC in the Cayman Islands, which then transferred the majority of it to a Swiss bank account registered to Norse Enterprise. That's money laundering. On March 7th, 87, the Washington Post published the only account of these transactions. It called the flow of money a circuitous

50:24 And then stated, quote, it is not clear from the documents who is behind IC Inc., the Cayman Islands Company, or why it was needed to transfer the money, unquote. Apparently, no investigator in the Tower Commission probe of Iran-Contra or the congressional hearings of Iran-Contra ever tried to get to the bottom of who was behind IC.

50:53 One person behind Kay Haven Corporate Services and the original subscribers to IC and Skyway Aircraft Leasing in the Caymans was an attorney, William Walker. Walker had been an attorney in the Caymans for 30 years. Where is he originally from? The country of Guyana. Kay Haven Corporate Services was what is called a captive manager.

51:28 This is a company that handles self-insurance plans for companies that want to take advantage of tax-free environments in the Cayman Islands. In 1988, a news story from the Caymans said Cahaven primarily provides accounting services and quoted Cahaven manager Malcolm Davies saying that Cahaven is not actively seeking new captive clients.

51:57 and expects to keep a low profile. Premium volume for the captives under Kay Haven's management totaled less than $14 million, he said. In 1986, Kay Haven was replaced as the agent for Skyways by Caledonian Bank and Trust, a small bank in the Cayman Islands, Georgetown.

52:30 It was controlled again by the same guy, William Walker. Walker is just a nominee or front owner of IC and Skyways. In the case of IC and its successor company, Intel Co-Operation, they both vanished after they were exposed in the Washington Post.

52:57 After Skyways became embroiled in the Bath-White dispute, it registered in Texas and changed its name to Skyway International. But it apparently continues to be owned by the same Saudi Arabians. Of the $3.6 million sent out by NEPL through IBC and IC, about $1.7 million ended up in the Swiss bank account designated for the Contras.

53:25 IBC kept about 400,000, while IC apparently kept, sorry, IBC kept 400,000. IC kept 1.5 million. Also involved in this was a registered agent, World Affairs Counselor, Inc., and Gulf and Caribbean Foundation. We talked about Gulf and Caribbean. It was controlled by

54:01 Midland, Texas oilman and friend of George Bush, William Blakemore. There are at least two other people who are connected to both Blakemore and Skyways aircraft leasing through Jim Bath, Jack Trotter and Walter Michener. Skyways had deposits at Michener's Allied Bank, two different ones of them. In 84, Bath borrowed $550,000 from Interfirst Bank in Houston.

54:34 supposedly, according to the bank records, to facilitate aircraft purchase. As collateral, Bath pledged $500,000 CD in the name of Skyway Aircraft Leasing. However, when the note became due and Bath was having trouble paying it off, a bank document dated in 86 stated that the purpose of the loan was to make a down payment on a 25-acre plot of land on Lake Houston. Not.

55:05 the bank and that, or not the aircraft that he supposedly was going to buy. And one of the previous owners of that particular track of land was Jack Trotter. That was when Bath asked White to help him cover the note. When White refused, Bath got mad. Bath then sued White and was able to get a judge to order that the property White owned be turned over to pay off the note. Again, White

55:36 Doesn't want to have anything to do with it. But somehow this judge sided with Bath. White said he believes that Bath was using Skyway's money, which belonged to the CIA, to speculate in Houston real estate, which is exactly what the CIA pays people to do. When the real estate went down, Bath turned to White for money rather than to tell Skyway owners that he had lost it. Four of the top officers at Skyway

56:07 came to Bass Company from Azizma's Buffalo Airways. So again, these are all, some of them had worked for Saudi Arabian Airlines. All of this is together. One of those guys, George Selman, resigned from Skyways in 91, just a few months after the Houston Post was talking about their, started reporting on Bath. So he wanted to get the hell out of Dodge.

56:44 The former director of operations, William Crocker, resigned right after him. Crocker worked at Buffalo Airways for four years before leaving in May to join Skyways. So as soon as somebody started reporting on this, they all bailed out is the bottom line. And Crocker also worked for Arrow Air, which was a CIA proprietary used for weapons trafficking.

57:17 Lastly, George Lovell, L-O-V-E-L-L, was another guy that worked there. He joined Bass Company in 87 after working for Buffalo Airways. Lovell had also worked for Saudi Arabian Airlines. So again, these are all CIA proprietories. In October 90, the Houston Post investigative reporter John Mechlin reported that the DOD

57:48 was paying millions of dollars more than necessary to buy aviation fuel from a Bath company at Ellington Field. The Post reported that Bath's company, Southwest Airport Services, was charging the government military aircraft anywhere from $0.22 a gallon to over $0.40 a gallon more than the price that he sold it to for the Air National Guard base.

58:15 In December 1990, Mecklen reported in the Post that the Department of Defense had paid Bath more than $12 million in contract overruns for aviation fuel. Again, this is how they money launder out of the Department of Defense. From November 1985 through November 1989, the government paid Southwest Airport Services more than $16 million for fuel under contracts that estimated the company would be paid $3.6 million.

58:47 16-3. 16-3. Southwest Airport Services also had a sweetheart lease at Ellington from the city of Houston, under which it paid $650 a month. Bath's company won the lease in April of 85 under a lottery, but the lease had not been offered to any other fuel firms since that time. The first building project that Bath and White did together was an apartment project in Humble.

59:18 close to Houston. To get the money to buy the land, Bath put White in touch with Sergio Lussani. Lussani was a loan broker who had his office at Mainland Savings. He's a PhD economist from Italy. Another PhD economist. Lussani was brought into Mainland by Raymond Hill's right-hand man, Ron Bearden.

59:48 Luciani's name appeared in the news in Houston regarding two sensational events. The first was a mysterious one-car accident resulting in the death of a Houston businessman, Ernest Allred. Luciani had brokered a mainland loan to Allred and received a Porsche for his payment. The loan had gone bad and Allred was in trouble when he met his untimely demise.

1:00:17 The second event was the arrest and conviction of Martha Marie Preston. She was dubbed the crack queen. She was in control of the crack cocaine industry in Houston. Luciani sold a convenience store in Houston to the crack queen, which she turned into a crack distribution outlet. One mainland borrower said that when he was at mainland savings,

1:00:49 Luciani introduced him to Leopard Capaldi, who's Detroit mafia. After mainland savings hit the skids, Luciani returned to Italy. But in early 1982, when White went to see him at the urging of Bath, Luciani was going strong. White said he had put together a mortgage package for financing the apartment complex. Then Luciani introduced him.

1:01:21 to Laddie Howard, who worked at Drew Mortgage. Drew Mortgage was a subsidiary of Lamar Savings. Howard arranged a 100% loan from Lamar, which meant that White and Bath did not have to put any money down. Howard had originally worked at Mainland Savings because, of course, he did. He also later worked at Sunrise Savings out of Boynton Beach, Florida at their branch.

1:01:57 in Texas. After the loan application was submitted to Lamar, Luciani informed White that it had been rejected by Austin Savings and Loan. White told Bath, the next thing I know, it is back on. So all Bath did was pick up the phone and said, yeah, they want to do it, so you need to do it. And it was done. So they signed White and Bath, who at this point were still in partnership together.

1:02:29 a $5 million promissory note to Lamar to buy the land and build the apartment complex. By December 83, the project was finished and the units were leased out. June of 84, Bath and White renewed the $5.2 million note to Lamar. But even though the complex was completely leased out, the cash flow was not enough to retire the debt. By the summer of 85, White said they were more than $200,000 behind in their payments.

1:02:59 So Lamar arranged for them to borrow the $200,000. You can't make your payments, so we're going to give you the money to make the payments. This is a repeating pattern through this entire thing because they're doing business for the CIA as front people, even if they don't know they're doing this. So if you can't make the payments, they're going to make the payments for you by borrowing money from another one of their network savings and loans. The papers were drawn up by Raymond Hill's law firm.

1:03:29 in Mainland and they got a second mortgage. By spring of 86, Bath and White were in default on both loans, which again has happened repeatedly through this book. Lamar wanted us to sell to Manzor Harani, White said, but that would have left Bath and White still owing the $260,000 to Mainland. So instead, Lamar took the property back and Mainland forgave the note.

1:04:03 So they just wrote the note off but gave it to somebody else? Yeah. Lamar then conveyed the property to Harani, the Lebanese investor who had done business with Robert Corson and was good friends with Orrin Hatch. A former high-ranking officer at Lamar told Harani, said that Harani gave them an in with the Reagan administration.

1:04:31 Before Lamar was taken down by the feds, we and Harani had a conference call with Senator Warren Hatch and talked about our bailout proposal. Harani flew copies of the real estate owned paperwork list and got to Danny Wall, who was chairman of the Federal Home Loan Bank Board, and Warren Hatch, along with Senator

1:05:01 Jake Garn, and the White House. Oh, Vice President Bush and Ronald Reagan. Meanwhile, across Houston, another CIA asset was struggling for his financial life. By the middle of 1987, Vision Bank savings money had run out and Robert Corson was having financial problems. But one land deal that he was able to get a little walking money from was the purchase of 283 acres.

1:05:33 In Houston, Corson bought the land in late 1985 with a real estate company, weirdly, out of Albuquerque, New Mexico, called Balama. Tomorrow, we're going to find out about Balama and Chicago. So that's it for today. And I don't see Bridget. I don't know what happened to her. That's crazy. Let's see.

1:06:10 Stellar, I see Ron. Come on up if you guys want to talk. Stellar, I'm going to go ahead. Go ahead, Stellar. I'm going to make you a co-host just to make sure we don't get dropped. Go ahead, Stellar. Good morning. Just out of curiosity, with all of this information and stuff, have any of these people come to justice? I mean, I know that Oliver North hasn't, but, like, have any of these? Some people.

1:06:45 did go to jail um but it we still lost all of the money um there there are several of these um people that were involved in this the low-hanging fruit none of the people in charge went to jail um but there were some sacrificial lambs offered up they freaking suck yeah i mean all of the stuff points to i mean oliver north should have never been ever allowed out of jail ever um

1:07:17 And all of the shit that he did, he should have spent the rest of his life in jail. And the same is true with that FIARs guy that was the DEA slash CIA slash whatever that ran the entire operation down. Nothing ever happened to him. Very little happened to Oliver North. But all of the kingpins behind this and all of the people orchestrating it inside of the CIA, none of those people were ever held accountable.

1:07:48 Alicia, go ahead. Hey, mine's more of a comment this time, but I just, because I grew up in some of the areas or near some of the areas discussed in this chapter. And, you know, and it's kind of reframing just some of the environment that I grew up in around a little bit. And I just, at the end of it, keep coming back to, like, how can anyone actually trust the government with our money?

1:08:17 I mean, quite frankly, it doesn't matter if you believe us or the books or any of this. There's just so much corruption that it's just like, why are we funding HUD at all? Why is this allowed to continue at all levels? I just keep coming back to that. I do too. But everything the government does other than defense and foreign relations and interstate commerce, everything else it does is unconstitutional.

1:08:46 Literally everything else it does is unconstitutional. Every bit of the agencies, the Fed, no matter what you look at, it's all unconstitutional. And it has been established and funded by representatives and senators that are all, as you can see in this book, they're all in on it. Orrin Hatch, Kemp, Benson, both sides of the aisle.

1:09:14 This has never been a partisan thing. They're all in it together. Exactly. And it's just like, I just come back to it like, people are going to be like, oh, we can pass laws. There's no laws you can pass to stop crooks like this, in my opinion. You just got to stop funding it. Bleed the crime dry. And that's the only way I see out of all of this, just cutting off the funding source.

1:09:42 And you know, as soon as you do that, just like with USAID, which is one of the most unconstitutional things that was ever done, they scream like stuck pigs. But at least we're starting down that road, something that's never been done before, because all they do is basically move them and rename them and keep them going. And that's not the case. So, Megan, go ahead. Yeah, I have never considered myself a...

1:10:14 aficionado of book clubs, but I'm telling you, Colonel, you've kind of sucked me right into this gig. I am going to go out here on a limb and say that I actually admire the size of the balls it takes to pull this shit off for as long as they've done it. And then, like you said,

1:10:42 You never or rarely see accountability when it's brought to the light of day. And again, I've said this before, what do you do when the entire system that an American citizen has the ability or supposed ability to use actually is so corrupt?

1:11:10 that you can never get a redress for any grievance. It just floors me. Yes. And you know what's interesting? Because I too often, but, you know, I don't know that it took so much as balls to do this. The beginning of, it's an evil genius.

1:11:39 I guess is what I would call it. When they created the CIA and its supposed intelligence with all of these, you know, cloak and dagger kind of connotations, and we're dealing with the nation's top secret stuff.

1:12:00 And they developed the phrase national security that gave them a rubber stamp to hide every fucking thing that they've ever done behind. That's an evil genius thing to do. But once you've got that, you literally have the license to do anything. So they, I don't even think it's courage or.

1:12:27 I think it's literally these, just like the mafia, who knows that when they own the politicians in New York, they can literally walk down the street, shoot somebody in the head, and they're not going to pay the price for it. Because they already own the people in the justice system that would hold them accountable. And that's what we have had creep up in the United States.

1:12:56 By giving them that national security rubber stamp at the very beginning of it and allowing them to hide their crimes. And the very few people that ever had, I think it's the people that tried to expose this that have the balls because every one of them end up dead. Those are the really people that have big honies.

1:13:19 And like Congressman Leo Ryan, who we've talked about a million times, he went to Guyana to expose the CIA and the Jim Jones child trafficking and all of that other shit, shot him dead on tarmac. Okay, lock that away. Nobody else is gonna talk about it because they know exactly what's gonna happen to him. So there's so many people that have, Danny Casolaro, Gary Webb, that have had,

1:13:48 the you know the courage to speak out this guy pete bruton um and they will do their best to destroy you if you um uh kind of uh shake their boat rock their boat go ahead beggar nuke did you have a follow-up oh well yeah i was gonna say i'm actually surprised and i'm i'm i'm

1:14:18 Leaning toward eventually this could be one of Trump's things that we haven't developed another lever of action that can be employed. I mean, these folks have been getting away with this for so long. We need a counteract to the CIA and the deep state. And until that happens, and I know a lot of people don't want to hear this, but.

1:14:49 Colonel, you were in the military. What do you do to the enemy? At some point, talk is not going to do any good. You have to take some action. So I think there's going to be action taking. And I don't attempt to forecast the future. I think what's being done right now is exposing how corrupt our judicial and congressional.

1:15:15 People are, they flagrantly commit mortgage fraud, immigration fraud. I think all of that is being done right now for the purpose of establishing the corruption that we talk about every day. And once you've established that the...

1:15:38 entities which you would seek justice from, your only recourse is military tribunals. And I know people use that for a lot of other things, but it really does come down to real national security and the survivability of our country and the charges of sedition and treason are normally held.

1:16:05 a military tribunal. And it just so happens that we have all of these new judge advocates being set up under the guise of immigration judges in these ICE hearings. So I think there's a whole lot of preparation going on for something that is a future operation. And you obviously have

1:16:34 Tulsi Gabbard, the DNI, setting out the agenda of calling people out, telling everybody Mockingbird Media still exists today, confronting people about the misinformation about Russia, about the whole COVID, about 2020. All of this stuff is going to come out. And once the table is set, the only avenue that you're going to have available to you is the military.

1:17:03 That that's what I think. Stellar, go ahead. Yeah, because it seems like all of these agencies and stuff and these people like of their covert stuff, it's all really bad. So I would just like try to figure out, like, how do we get rid of all of these different agencies? And what what the AI says is legislative process, electing representatives who align with our views, otherwise military. Otherwise, it's going to take forever. Sorry.

1:17:30 No, and it doesn't do you any good to participate in fake elections with systems that they steal the elections from as well.

1:17:39 I think once you establish the election fraud, you basically have a constitutional crisis. You do not have a body of people either in the House or the Senate that actually represents the people. They've conflated the illegal immigrants in the consensus. I mean, literally, we do not have a constitutional government right now by any stretch of the imagination.

1:18:08 And I think once you lay that out and the gravity of that sets in, that's going to be the only recourse. And I see that the Chevron deference was a huge thing because it said that they don't have the overreach of powers like how they were doing. So that was really huge.

1:18:28 And it opened up the door because the SCOTUS used, you know, saying that it was unconstitutional towards the people. And so this opens up the door for us as the people to use the Constitution to fix things. Correct. Thank you so much. Yep. You got it. Jillian? Hi. This sounds like a very important discussion, so I'm going to be under a minute here. My situation is on a much smaller scale, but exactly aligned with what you're saying.

1:18:59 Stocked for 14 years, it's been turned around, armed to me. My pinned tweet says it all, but I've been gagged by the media, and I'm about to be gagged again tomorrow in Maryland. I live in Ohio. However, my abuser lives in Maryland, and I just want to say quickly to everybody in here, please take a moment to read my pinned tweet, because after tomorrow, I am gagged once again from talking about my son's death. Thank you. And that is all.

1:19:27 Thank you so much. Go ahead, Meg. Yeah, I don't want to detract too much from the book club thing here. But Alpha had an interview with Juan O'Savin a couple of days ago, and he laid out what we think is about to really roll out here.

1:19:54 And if Trump pulls the trigger on what Juan talked about, he was saying that we're going to have to declare a national security emergency to put what you just talked about, Colonel, into place. And I want to thank you for, like I said, you holding these spaces and exposing all this and your words of encouragement.

1:20:22 Are greatly appreciated by anybody that listens to this. I mean, all we're we're being hit left and right. Yes. Poor me, poor me, poor me. And I'm trying to get the word out myself, but I don't have the voice that you do. And like I said, I just want to say thank you. You are you are the light.

1:20:43 that's getting pulled, the bushel pulled off. So thank you very much. Thank you. And I will tell you guys, you know me, I just shoot straight. I don't agree with everything. I do think some things are put out there for us to push back on to show our level of discernment. And I have, if I was actually worried, I'd tell you guys I was worried.

1:21:08 I don't see anything happening right now that isn't in line with all of their empire building falling down around them. And not just here in the United States, across the world. You see day by day by day us drawing closer.

1:21:30 and exposing the EU, exposing NATO, exposing the entire fiasco in Ukraine. And the voices are being amplified that are saying that as opposed to the people that are like Chicken Little running around saying the sky's falling all the time. So I take a lot of encouragement from that.

1:21:59 Anytime that I note something that's not right, I definitely talk about it. So, Ron, go ahead. Well, first of all, I thought it was interesting when you said that you had been working on evergreen aircraft. I was like, oh, that's interesting. Just a little side note there. But you mentioned the Car Law Group. I don't think people really understand. I don't know if people really truly understand.

1:22:27 What the Carlyle Group was, and it's a very, very big deal. And it was, they were, I mean, they were on the, I believe they were on one of the top floors of the World Trade Center. That was where they had, and there were a lot of people who were really concerned about things that were going on at the Carlyle Group. And they were all told to bring their evidence and have a...

1:22:53 conference on the morning of 9-11 at the top floor, and only one guy didn't make it because he got stuck in traffic. But, I mean, you know, the key individuals there, obviously Bush, but you had the Bin Laden family, you had the, I mean, you kind of already said that, but you had James Baker, Frank Carlucci.

1:23:20 Dick Cheney, Donald Rumsfeld. I mean, all these guys, Marvin Bush, Bin Laden family. I mean, all these guys were there. And I mean, they basically sat right at the convergence of the CIA, the DOD, the NSA, PNAC, SAIC, Halliburton, Booz Allen Hamilton, all these guys.

1:23:44 Carlock Group is a big deal. And when you said that, it just really kind of alarm bells went off in my head. So I just wanted to share that. It's a very big group. It's a very big deal. They were involved in all kinds of different things. So anyway, but their primary deal was to make profit. It's a private equity entity and their whole.

1:24:12 was to make money off of war. And they bought up large stock positions in basically all the primary military industrial complexes. And then, you know, basically we go to war for the next 20 years and they all get rich off of people that are dying in a foreign country, namely our military and civilians, and they make money off of it.

1:24:39 If memory serves, weren't these the guys that were doing kind of the clearinghouse for a lot of the bonds and whatnot? And it was a lot of the 10-year bonds that were just about ready to come due.

1:24:55 that were done right after the fall of the Soviet Union where a lot of these guys went over and they kind of pillaged the Soviet Union for all of their natural resources. Once these bonds were about ready to come due, 9-11 occurs, and then the SEC miraculously says, you know what, we've got such a backlog, we're just going to not do any checking on any of this stuff for about two or three weeks so we can catch up. And so all these bonds went right through.

1:25:24 without ever getting double-checked for malicious or, you know, malintent? Well, originally this organization was set up by some people of some very old blood, you know, like the T. Rowe Price, a derivative of the Harriman Brown and the Mellon family.

1:25:51 Um, and then a lot of other people were brought in, um, to it, um, with some very interesting names, um, some of which you named. Um, so yeah, if anybody's interested, I just suggest you go, um, do a little research on the Carlisle group because their big claim to fame is making money off of war, um, any way they can. So, all right.

1:26:22 That's it for today. So have fun, everyone. Tonight, I will see you back tomorrow. And then we'll talk about the rest of the week's schedule. So I am going to have the show early tomorrow. It's going to start at three o'clock instead of four o'clock because we're taking my son to see Santa Claus.

1:26:51 um, at five. So, um, just annotate your schedules accordingly. Obviously the recording will be on rumble if you guys miss it. Um, but we're going to start at three tomorrow, just FYI. So take care of everybody and I will see you tomorrow.

Entities here

Jim Bath25 Skyways Aircraft Leasing14 Charles White14 Savings and Loan Association13 Mainland Savings11 Buffalo Airways11 Response Air10 George H.W. Bush10 Oliver North9 Cayman Islands9 Adnan Khashoggi9 IC Inc.7 Ed McBurney7 Global International Airways7 Carlyle Group7 Ransom Aircraft7 Sheikh Khalid bin Mahfouz6 Lamar Savings6 BCCI6 Atlantic Aviation6 Leon Benson6 Kay Haven Corporate Services5 Jack Trotter5 Walter Mischer5 Sergio Lussani5 Aziz Mazloum5 Louis T. Ransom4 W. Jack Thompson Jr.4 Johnson Taylor4 Western Savings4 William Walker3 Robert Corson3 Lloyd Bentsen3 Richard G. Lugar Air Force Base3 Wings of Hope3 The Washington Post3 John Connally3 Edward DuPont3 Bath-Benson Interest3 DuPont family3

Claims made here

Response Air business_location Richard G. Lugar Air Force Base documented ▶ 1:54

“Its principal place of business in 1983 was a hangar at Richard Scobar Air Force Base in Kansas City. Response Air's principal business was the sale of aircraft parts and supplies, according to its in…”

Response Air submitted_claim_to Global International Airways documented ▶ 2:32

“but it's doing business in Kansas City and had its headquarters in California. That's weird. Was it set up by the CIA in Miami with all the rest of the CIA operations in Miami? In October 1984, a year…”

Global International Airways sued Response Air documented ▶ 3:04

“in part that it had never been paid for. Global's bankruptcy attorneys responded with a lawsuit to cover $93,000 Global paid to response in the 90 days preceding its bankruptcy. No officers of respons…”

John Camp headed Response Air documented ▶ 3:31

“Response had forfeited its California charter for non-payment of taxes and was being investigated by the IRS. The CEO of Response Air was John Campbell, a very common name. But the registered agent of…”

Joseph Ventresca registered_agent_for Response Air documented ▶ 3:31

Response Air connected_to Ransom Aircraft documented ▶ 4:05

“Joseph Ventresca, he found one listed in Southern California area where Response was headquartered. He claimed there was another one in the area and that's who he wanted to talk to. I'm not that guy, …”

Louis T. Ransom headed Ransom Aircraft documented ▶ 4:36

“It was controlled by Louis T. Ransom of Dallas. In 1983, Ransom Aircraft consigned almost $20 million of aircraft parts to Response to sell. Response would get a third of the profits. In 1984, when Bi…”

Ransom Aircraft consigned_to Response Air documented ▶ 4:36

Vernon Craig witnessed_signature_for Louis T. Ransom documented ▶ 5:05

“His signature was witnessed by Responses representative and registered agent, none other than Vernon Craig. Y'all remember who Vernon Craig is? Holy crap. In late 1970s, Ransom was at the center of an…”

Ransom Aircraft attempted_to_sell_to Libya documented ▶ 5:34

“Lockheed C-130 cargo aircraft owned by the Australian Air Force. A scandal erupted when it was discovered that Ransom's company intended on selling the cargo airplanes to Libya. Although Ransom appare…”

Max Parks partner_of Louis T. Ransom documented ▶ 6:35

“Jean Wheaton, ended up in Mesa, Arkansas. You know where Barry Seale is. The aircraft arrived in MENA after Seale was murdered, according to Wheaton. Ransom's partner in the Australian C-130 attempted…”

Jean Wheaton reported Barry Seal book_quoted ▶ 6:35

Max Parks associated_with Ian Smalley documented ▶ 6:35

Richard Racehorse Haynes defended Ian Smalley documented ▶ 7:38

“Smalley was acquitted after his attorney, Richard Racehorse Haynes, convinced the jury that his client had been entrapped by the government. In the fall of 1983, Sunbelt Savings Associate of Dallas ma…”

Savings and Loan Association loaned_to Ransom Aircraft documented ▶ 7:38

Savings and Loan Association sued Ransom Aircraft documented ▶ 8:38

“The very next lien filed in the state records was a consignment of these parts to Response Air at Richard Scobar Air Force Base with a joint venture of Ransom and Sunbelt. So this document ties all of…”

Savings and Loan Association sued Response Air documented ▶ 8:38

Delta Air Lines sold_to Ransom Aircraft documented ▶ 9:08

“Documents in the lawsuit state that the DC-8 parts, which included 21 Pratt & Whitney jet engines, were purchased from Delta Airlines. The parts were listed on Delta's books at a value of $23 million,…”

Ed McBurney headed Savings and Loan Association documented ▶ 11:04

“other insolvent Texas savings in load, including Jarrett Wood Western Savings at a bailout cost to you and I of estimated $2 to $3 billion. That's a lot. Sunbelt Savings, known in the industry as Gun …”

Ed McBurney associated_with George Aubin documented ▶ 11:34

“McBurney's beginnings in the thrift industry go back to George Aubin and Jarrett Woods, with many connections to mobster Herman Beebe. Before McBurney consolidated several smaller Texas savings and lo…”

Ed McBurney headed Texoma Savings documented ▶ 11:34

Ed McBurney received_commission_from Commerce Savings documented ▶ 12:03

“A mutual association of theirs, John Roberts, a San Antonio developer, purchased Commerce Savings in Angleton, Texas from Jarrett Woods. McBurney and Auburn split a $300,000 commission on the sale. Th…”

John Kelly purchased Commerce Savings documented ▶ 12:03

Thomas Gobert headed Independent American Savings Association documented ▶ 12:33

“Roberts, as noted earlier, was involved in the huge deals in Houston and Colorado with weapons trafficker Aiden Khashoggi. In 1983, McBurney had control of Sunbelt and Woods had control of Western Sav…”

Joseph Groves headed San Joaquin Savings documented ▶ 13:05

“Russo, one of the Kappa Sigma guys, who was the head of Ameriway Savings. Casey Hood, who had been the president of BB's umbrella company, AMI, before he took control of Western Savings. And a guy by …”

Joe Russo headed Ameriway Savings documented ▶ 13:05

Casey Hood headed Western Savings documented ▶ 13:05

Ed McBurney associated_with Herman Beebe documented ▶ 13:33

“McBurney also had several direct dealings with mobster Bebe. One was just a straight loan to McBurney on an apartment project in Dallas. Another one was something completely different. McBurney wanted…”

Herman Beebe loaned_to Ed McBurney documented ▶ 13:33

Bossier Bank and Trust sold_participation_to Carol Kelly documented ▶ 14:01

“Bebe told him that Beausier didn't have the cash on hand to make the loan. But that wasn't a problem. Not for a mobster. Beausier got the cash by selling participation in a few loans on the books to C…”

Carol Kelly worked_for Continental Savings documented ▶ 14:01

Continental Savings bought_from Savings and Loan Association documented ▶ 14:01

Richard Ross Miller worked_for Hill Financial Savings documented ▶ 14:58

“One federal investigator who was trying to track the loans, Richard Ross Miller, got from Hill Financial Savings that he had previously worked on the Butcher Brothers bank scandal in Tennessee. So he …”

Richard Ross Miller investigated Savings and Loan Association documented ▶ 14:58

Aziz Mazloum headed Global International Airways documented ▶ 16:01

“that I just described to you with personal experience. So the parts were probably headed overseas, although Asthma's Global International Airways was apparently Response Air's biggest customer. It doe…”

Aziz Mazloum founded Aviation Leasing Group documented ▶ 16:29

“and Capital Air declared bankruptcy in 1984. The IRS began investigating Azizma, and the FAA stopped 707s from operating here. The Iranian native moved himself and his business to London. He started a…”

Aziz Mazloum purchased Buffalo Airways documented ▶ 16:56

“He built up his fleet to around 50 airplanes and said he wasn't ever going to do business directly in the United States. That's because he was under investigation by the IRS and had already declared b…”

W. Jack Thompson Jr. incorporated Buffalo Airways documented ▶ 17:32

“Buffalo Airways was incorporated in Texas in 1982 by Wordy Jack Thompson Jr., a Dallas attorney. Thompson also was an incorporator, along with Bill Ransom, of Global Jet Cells. He was also involved in…”

W. Jack Thompson Jr. incorporated Global Jet Cells documented ▶ 17:32

W. Jack Thompson Jr. convicted_by Empire Savings documented ▶ 18:01

“In 1986, Thompson was convicted of lying on loan applications for a condominium loan from Empire Savings in Mesquite, Texas. Empire was the first savings and loan failure in Texas. Thompson was senten…”

Dwayne Sheehy worked_for Buffalo Airways documented ▶ 18:28

“Thompson was convicted on four counts of falsifying documents, including overvaluing a condominium he owned in Mexico on a loan application he made to Empire State in November of 1982, just one month …”

Buffalo Airways sold_to Burlington Air Express documented ▶ 19:26

“Flying night freight. Buffalo had five aircraft then and sold a couple of them to Burlington. Then we were the unsuccessful bidders in a second contract with Burlington. We went back to ad hoc freight…”

Southern Air Transport contracted_with Burlington Air Express documented ▶ 19:26

Oliver North received_call_from Alan Fiers documented ▶ 19:58

“asked whether Buffalo did business with the CIA. Sheehy said, absolutely not. However, there's an entry in Oliver North's White House notebook that indicates otherwise. On March 21st, 1985, North rece…”

Alan Fiers headed CIA Central Task Force documented ▶ 19:58

Buffalo Airways flying_arms_for Oliver North book_quoted ▶ 20:58

“So it appears that Buffalo Airways was flying arms from Poland to Guatemala for the CIA and Oliver North when they ran into some problems in London and had to call the CIA. And if I remember correctly…”

Jim Bath associated_with George H.W. Bush documented ▶ 21:54

“Azizma said he bought Buffalo as an insurance policy for his leasing business in the event that any company stopped leasing some of his aircraft. Moving on. Now we're going to talk about Jim Bath. Jim…”

Sheikh Khalid bin Mahfouz member_of National Commercial Bank book_quoted ▶ 36:24

“Then sometime later, he began working for Sheikh Khalid bin Massoud, the former chief executive officer of the National Commercial Bank in Saudi Arabia, which was behind BCCI's financial foundation, t…”

Haroon Kahloun member_of National Commercial Bank documented ▶ 36:57

“at the National Commercial Bank, NCB, until one week after he and his London-based associate, Haroon Kahloun, were indicted in New York in 1992 on charges that they schemed to defraud regulators, audi…”

National Commercial Bank financed_via Adnan Khashoggi book_quoted ▶ 37:58

“It was NCB that lent some $35 million to Khashoggi in the summer of 1985. Around the same time, Khashoggi was getting $12 million from mainland savings to buy all of those missiles. Sheikh Khalid was …”

Sheikh Khalid bin Mahfouz member_of Mainland Savings book_quoted ▶ 37:58

John Connally member_of Mainland Savings book_quoted ▶ 37:58

Gaith Perrone member_of Centra Savings documented ▶ 38:30

“and Gaith Perrone, another CIA indicted in the BCCI scandal. In February 92, Perrone, David, Paul, and William Berry were indicted in Miami on charges related to the collapse of Centra Savings, the la…”

Michael Milken member_of BCCI book_quoted ▶ 38:57

“was named in two counts in the 22-count indictment, had good company with the shenanigans perpetrated at Sint Trust, and ultimately the American taxpayer. So you had involved in that Charles Keating, …”

Charles Keating member_of BCCI book_quoted ▶ 38:57

Oliver North member_of BCCI book_quoted ▶ 39:56

“Bank accounts opened by Oliver North and BCCI's Paris branch. BCCI operated, had an account with Adon Khashoggi and an association with Monte Carlo's branch of BCCI that Adon Khashoggi used in his arm…”

Adnan Khashoggi member_of BCCI book_quoted ▶ 39:56

Gaith Perrone member_of Mainland Savings book_quoted ▶ 39:56

Mercantile Texas Corporation secretly_owned Mainland Savings book_quoted ▶ 40:26

“and Peron in 1976. Conley sold his investment in 1980 to make a run for the Republican presidential nomination. So hey, let me get out of this CIA maze of bank corruption, because real quick, I'm goin…”

John Connally removed_from_power Mainland Savings book_quoted ▶ 40:26

Chester Reed member_of John Ballas documented ▶ 40:57

“and soon-to-be M Corp bought Main Bank from Khalid. In 1979, Khalid purchased River Oaks Mansion from Chester Reed, the father-in-law of John Ballas, who pleaded guilty in savings and loan fraud. The …”

Baker & Potts front_for Jim Bath book_quoted ▶ 40:57

Lan Bentsen recruited Charles White book_quoted ▶ 41:29

“which was also handling all of Bath's dealings. One of Bath's closest business associates was Charles White, who had graduated from the Naval Academy with Oliver North and then went to be a fighter pi…”

George H.W. Bush recruited Jim Bath guest_asserted ▶ 43:04

“No shit, Sherlock. White stated that Bass said he was recruited in 76 by George Bush, the future president and then CIA director, and given the assignment of monitoring the activities of Saudi Arabian…”

Jim Bath financed_via Allied Bank book_quoted ▶ 44:35

“partner in the Cinco Ranch development. Bath and Michener obviously knew each other fairly well. Bath's company borrowed $800,000 from Allied Bank and $200,000 from another Allied Bank. That's a milli…”

Jim Bath headed Skyways Aircraft Leasing documented ▶ 46:40

“It was registered in the Cayman Islands. 29 days later, they changed their name to Skyway Aircraft Leasing. The directors met in Georgetown, Grand Cayman. And interestingly enough, the meeting was a w…”

Sheikh Khalid bin Mahfouz secretly_owned Skyways Aircraft Leasing documented ▶ 47:14

“And then all the rest of the directors resigned, leaving Bath in charge. All of the stock was made into bear stock, which meant that it belonged to whoever possessed it. In his sworn deposition in a l…”

National Endowment for the Preservation of Liberty laundered_money_for The Enterprise book_quoted ▶ 49:51

“at another Washington bank. IBC would then wire the money to IC in the Cayman Islands, which then transferred the majority of it to a Swiss bank account registered to Norse Enterprise. That's money la…”

William Walker front_for IC Inc. book_quoted ▶ 52:30

“It was controlled again by the same guy, William Walker. Walker is just a nominee or front owner of IC and Skyways. In the case of IC and its successor company, Intel Co-Operation, they both vanished …”

William Blakemore secretly_owned Gulf and Caribbean Foundation book_quoted ▶ 54:01

“Midland, Texas oilman and friend of George Bush, William Blakemore. There are at least two other people who are connected to both Blakemore and Skyways aircraft leasing through Jim Bath, Jack Trotter …”

George Selman member_of Buffalo Airways book_quoted ▶ 56:07

“came to Bass Company from Azizma's Buffalo Airways. So again, these are all, some of them had worked for Saudi Arabian Airlines. All of this is together. One of those guys, George Selman, resigned fro…”

William Crocker member_of Arrow Air book_quoted ▶ 56:44

“The former director of operations, William Crocker, resigned right after him. Crocker worked at Buffalo Airways for four years before leaving in May to join Skyways. So as soon as somebody started rep…”

William Crocker member_of Buffalo Airways book_quoted ▶ 56:44

John Mechlin exposed Southwest Airport Services documented ▶ 57:17

“Lastly, George Lovell, L-O-V-E-L-L, was another guy that worked there. He joined Bass Company in 87 after working for Buffalo Airways. Lovell had also worked for Saudi Arabian Airlines. So again, thes…”

George Lovell member_of Buffalo Airways book_quoted ▶ 57:17

George Lovell member_of Saudi Arabian Airlines book_quoted ▶ 57:17

Department of Defense overbilled_or_diverted Southwest Airport Services documented ▶ 57:48

“was paying millions of dollars more than necessary to buy aviation fuel from a Bath company at Ellington Field. The Post reported that Bath's company, Southwest Airport Services, was charging the gove…”

Sergio Lussani member_of Mainland Savings book_quoted ▶ 59:18

“close to Houston. To get the money to buy the land, Bath put White in touch with Sergio Lussani. Lussani was a loan broker who had his office at Mainland Savings. He's a PhD economist from Italy. Anot…”

Sergio Lussani recruited Ernest Allred book_quoted ▶ 59:48

“Luciani's name appeared in the news in Houston regarding two sensational events. The first was a mysterious one-car accident resulting in the death of a Houston businessman, Ernest Allred. Luciani had…”

Sergio Lussani trafficked Martha Marie Preston book_quoted ▶ 1:00:17

“The second event was the arrest and conviction of Martha Marie Preston. She was dubbed the crack queen. She was in control of the crack cocaine industry in Houston. Luciani sold a convenience store in…”

Sergio Lussani recruited Leopoldo Capaldi book_quoted ▶ 1:00:49

“Luciani introduced him to Leopard Capaldi, who's Detroit mafia. After mainland savings hit the skids, Luciani returned to Italy. But in early 1982, when White went to see him at the urging of Bath, Lu…”

Laddie Howard member_of Mainland Savings book_quoted ▶ 1:01:21

“to Laddie Howard, who worked at Drew Mortgage. Drew Mortgage was a subsidiary of Lamar Savings. Howard arranged a 100% loan from Lamar, which meant that White and Bath did not have to put any money do…”

Lamar Savings financed_via Jim Bath book_quoted ▶ 1:01:21

Laddie Howard member_of Sunrise Savings book_quoted ▶ 1:01:21

Laddie Howard member_of Drew Mortgage book_quoted ▶ 1:01:21

Manzor Harani member_of Orrin Hatch book_quoted ▶ 1:04:03

“So they just wrote the note off but gave it to somebody else? Yeah. Lamar then conveyed the property to Harani, the Lebanese investor who had done business with Robert Corson and was good friends with…”

Manzor Harani member_of Robert Corson book_quoted ▶ 1:04:03

Robert Corson member_of Vision Banc Savings book_quoted ▶ 1:05:01

“Jake Garn, and the White House. Oh, Vice President Bush and Ronald Reagan. Meanwhile, across Houston, another CIA asset was struggling for his financial life. By the middle of 1987, Vision Bank saving…”

Robert Corson member_of Balama book_quoted ▶ 1:05:33

“In Houston, Corson bought the land in late 1985 with a real estate company, weirdly, out of Albuquerque, New Mexico, called Balama. Tomorrow, we're going to find out about Balama and Chicago. So that'…”

Carlyle Group member_of Frank Carlucci caller_asserted ▶ 1:22:53

“conference on the morning of 9-11 at the top floor, and only one guy didn't make it because he got stuck in traffic. But, I mean, you know, the key individuals there, obviously Bush, but you had the B…”

Carlyle Group member_of Dick Cheney caller_asserted ▶ 1:22:53

Carlyle Group member_of Donald Rumsfeld caller_asserted ▶ 1:22:53

Carlyle Group member_of Marvin Bush caller_asserted ▶ 1:22:53

Carlyle Group member_of James Baker caller_asserted ▶ 1:22:53

Carlyle Group member_of Bin Laden family caller_asserted ▶ 1:22:53

Carlyle Group member_of George H.W. Bush caller_asserted ▶ 1:22:53

Carlyle Group financed_via Soviet Union caller_asserted ▶ 1:24:55

“that were done right after the fall of the Soviet Union where a lot of these guys went over and they kind of pillaged the Soviet Union for all of their natural resources. Once these bonds were about r…”

Carlyle Group founded Harriman family caller_asserted ▶ 1:25:24

“without ever getting double-checked for malicious or, you know, malintent? Well, originally this organization was set up by some people of some very old blood, you know, like the T. Rowe Price, a deri…”

Carlyle Group founded Mellon family caller_asserted ▶ 1:25:24