Bank Merger Danger; Clinton's Donor Payoff Pays for China; Hale Tale
1) The big bank mergers, CBS
News reporter Ray Brady contended, "cap a 15-year trend of...the
undoing of laws originally enacted to prevent a repeat of the bank
failures of the 1930s."
2) Clinton gave a big donor
and exemption which led to China obtaining U.S. ballistic missile secrets?
Only FNC cared. ABC relayed the charges about payoffs for Hale, but like
CNN failed to note the accuser's history. She claimed to turn the rain
on and off.
big banks mean a great big depression? Monday night April 13 all the
networks led with the bank mergers of Nation's Bank and Bank America as
well as of First Chicago and Bank One and all highlighted how bigger banks
mean less personal service and higher fees. But only CBS's Ray Brady
raised the specter of the Great Depression, concluding his story:
"...Today's deals cap a 15-year
trend of bank deregulation and the undoing of laws originally enacted to
prevent a repeat of the bank failures of the 1930s. This latest
consolidation of banking power represents the biggest and boldest moves
away from those laws."
night FNC became the first network to pick up on an April 4 New York Times
story tying campaign contributions to the sharing of classified
information with China. On Tuesday ABC's World News Tonight relayed the
basics in the allegations that conservative paid off Hale, but failed to
note the dubious background of the woman making the charge. CNN, which ran
two evening stories last week about the Hale tale, has also failed to tell
viewers about the woman's history as a psychic.
Here are some highlights from the last two
-- Monday, April 13. Neither ABC
or NBC mentioned any Clinton scandal, but the CBS Evening
News gave a little time to Scott Pelley to report that the Secret Service
had ended cooperation with Starr's office. On CNN's The World
Today anchor Martin Savidge took a few seconds to note that Paula
Jones was expected to appeal and that Starr had asked Betty Currie to
appear again before the grand jury.
Anchor Catherine Crier announced on FNC's
7pm ET Fox Report:
"While the President basks a bit in
the Northern Ireland peace accord, he's coming under fire again, accused
of selling political favors for political contributions. As Carl Cameron
explains, this could be some of the most damaging evidence so far."
It took FNC a week and a half to catch up
with the New York Times story, but that's sooner than ABC, CBS, CNN or
NBC which have yet to mention the development. The April 4 New
York Times story by Jeff Gerth and Raymond Bonner began:
"A federal grand jury is investigating
whether two American companies illegally gave China space expertise that
significantly advanced Beijing's ballistic missile program, according to
administration officials. But the officials said the criminal inquiry was
dealt a serious blow two months ago when President Clinton quietly
approved the export to China of similar technology by one of the companies
Gerth and Bonner explained that Clinton had
allowed the Loral Corporation to have China launch one of its satellites.
Loral Chairman Bernard Schwartz, the Times observed, "was the largest
personal contributor to the Democratic National Committee last year."
FNC's Cameron explained that Attorney
General Janet Reno is launching an investigation of whether the Commerce
Department under the late Ron Brown sold seats on trade missions in
exchange for contributions. On one of those trips: Schwartz of the Loral
Space Corporation who is now being investigated for sharing classified
satellite technology with China. "In '94," Shuster relayed,
"Loral, which is also now a top corporate donor to the Democrats, got
a special waiver from the President to have China launch its satellites
After a crash Loral gave the secret report
on the mishap to China. Shuster concluded:
"The Pentagon says national security
was breached and perhaps seriously. Though Loral denies wrongdoing,
investigators say if the firm donated to the Clinton camp, then got the
President's permission to do business with China and shared secrets, it
could be the worst example yet of just how much the White House was
willing to risk for the big bucks of '96."
Not the kind of tough reporting you'll
hear on ABC, CBS or NBC.
-- Tuesday, April 14. ABC's World
News Tonight and CNN's The World Today led
with a study on how 100,000 die every year from bad reactions to drugs
prescribed while in a hospital. The doubling of the death rate for
16-year-old drivers topped he CBS Evening News, FNC's
Fox Report began with a story on how Paula Jones told Fox she
would appeal, and the NBC Nightly News started with the
FAA's "Safer Skies" program.
CNN offered quick notes
about how Starr wants a court order to compel Secret Service officers to
testify and that Betty Currie's appearance was canceled. CBS
and NBC did not mention anything on the Starr/Lewinsky or
ABC's World News Tonight,
however, made room for a full report from Jackie Judd on how the Justice
Department is now denying Starr access to Secret Service officers, a move
he is asking a judge to block. Judd revealed that Starr wants the
testimony of some uniformed officers because "sources say he believes
White House steward Biyani Nelvis told some of them he found lipstick
stained towels in the Oval Office study after a meeting between Lewinsky
and Mr. Clinton..."
Nelvis denied that when he appeared before
the grand jury.
Judd concluded that the Justice
Department's case would be easier to defend if it involved plain clothed
protective officers who must have the President's trust and not
uniformed guys "in the hallway."
Jennings then asked her about the David
Hale case. Judd gave a quick overview of who Hale is and the how and when
of his testimony, adding: "....a woman in Arkansas has now come
forward alleging that he took payments during this time from a
conservative political group. And the Justice Department had told Ken
Starr he should investigate, although there might a conflict of interest,
Starr investigating his own witness. Starr is now considering taking this
to an outside lawyer to avoid the appearance of a conflict."
Judd failed to point out what FNC's
David Shuster is the only network reporter to note so far. Last Friday he
divulged: "The only eyewitness against Hale is a young man with a
police record. His accusations were repeated, however, by his mother who
once worked in Arkansas as a psychic and fortune-teller..."
Through Tuesday night CNN
has yet to update or correct its April 9 story on the Hale payoffs in
which CNN reporter Pierre Thomas did not utter a word about the background
of the accuser, Caryn Mann. (See the April 10 CyberAlert.) In the April 13
Washington Times reporter Jerry Seper revealed that Mann
"was a 1992 Clinton delegate to the Florida state Democratic
Seper also highlighted how "she once
confided to her boyfriend, Parker Dohzier, that she knew where Jimmy Hoffa
was buried. She also boasted that she could turn the rain on and off, and
had guided U.S. forces in the Persian Gulf War through mental
I suspect she may be using that mental
telepathy power to convince reporters that Ken Starr is an out of control
prosecutor harassing a man who is just trying to do his job for the
-- Brent Baker
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