Conspiracy Nation -- Vol. 1 Num. 49

("Quid coniuratio est?")

[From an interview with the former marketing director of the Arkansas Development and Finance Authority, and former associate of Bill Clinton, Larry Nichols. This interview took place on the May 5, 1994 "America's Town Forum" radio show, hosted by Tom Donahue. The show is broadcast most weekday evenings at 7 pm (cst) on shortwave frequency 5.810 mHz. (Nichols speaks via telephone with Donahue.)]


TOM DONAHUE: {1}. Tom Donahue, "America's Town Forum," patriotism in action. Larry Nichols, our very special guest. Our talk line number here, the Town Forum line, is 1-800-298-8255.

Larry, Ralph brought up a very good point. That is, it seems like the foreign press is having to break most of the story. There are a few exceptions, uh L.J. Davis. Of course, the American Spectator, but they're gonna be considered biased because [of] their, their conservative slant. Or Pat Robertson's network. Um, and then we have people like you, that were on the front lines, revealing the truth. But, why is it the foreign press? Why has the American press, up to this point, been more or less the lapdogs?

LARRY NICHOLS: I've always tried to be honorable, and I've always tried to be fair, with the American press. I can say to you today that I have nothing but contempt now for the American media.

Part of the problem is they were so interested in getting Bill Clinton elected. Part of the problem is they hated George Bush. I don't think they conspired to get him elected, I just think they were against Bush and others.

But they're hiding the truth from the American people.

Now. I don't say that you have to believe me. As a matter of fact, I'm not asking your audience for anything.


NICHOLS: All I ask 'em to do is demand a congressional hearing, demand Congress to do its job. At that point, if the allegations, as serious as they are, that I make... If I can't prove 'em, I've gotta go to jail!

DONAHUE: Exactly.

Let me ask you: What scenario do you see -- if indeed what you've painted for us, and I believe to be true -- that Bill Clinton will be told to, or he'll decide, to step aside because the heat's too much and he can leave with some faith (I guess that'll probably be his presumption here.) Who do you see coming in? Obviously Al Gore, taking over the Presidency. How about vice- Presidency? Senator Mitchell, waiting in the wings, deciding "I don't wanna be a Supreme Court justice."? Maybe vice-President? Or do you see another scenario?

NICHOLS: I could probably... The scenario that scares me the most, and I must be honest, and I have no reason to say this... I mean, it's my opinion. I have no fact. But I would surmise that Jay Rockefeller would be, as protocol would have it, next in line.

DONAHUE: When you say "protocol," as in "CFR [Council on Foreign Relations] protocol"? Or...

NICHOLS: Protocol as, if the President's gone, the vice-President takes over. Uh, seniority and all the other stuff that's out there. There's a good shot that Rockefeller could get it.

DONAHUE: I would agree with you there. I think that that would be the first choice, if not Senator Mitchell.

NICHOLS: And then when you add to the fact -- and again, I'm not well-versed on world, one-world government, that kind of stuff. I'm not versed on that. But if you understand that there seems to be extreme linkage to him, they're gonna have to have somebody come into office to replace Clinton that is absolutely committed to their agenda.

DONAHUE: And that's health care.

NICHOLS: And I'm not so sure that Gore is totally committed to that agenda. But I'm very sure Rockefeller is.

DONAHUE: Well Gore is. But Gore is preoccupied with environmentalism. And I think that's where the health care plan could be forced through with Rockefeller, because that is a Rockefeller plan. Absolutely.

Uh, let's go back to drugs... Mena, Arkansas. Uh I... You and L.J. Davis had referred to... And since your visit, we have had the authors of Compromised {2} on, Clinton, Bush and the CIA, and how both Presidencies were co-opted. How much do you know about Mena, Arkansas? Fill us in on the details.

NICHOLS: I'm part of this triad of the people that are trying to get Mena before the American public. There's Bill Duncan, Russell Welch... Welch, state police. Duncan, IRS, Treasury agent. They were moving from one angle. You have Terry Reed, who was involved from another perspective. And Bill Duncan can trace the money flow to central Arkansas, but that's where his investigation, when it was forced to shut down, stop. I apparently stumbled into where the money was goin'.

In reference to Terry Reed's book: I must say that from probably '86 until '88 at ADFA, and a little bit after that, I was involved in trying to help the contras through their resupply effort. I didn't see CIA drug money goin' to the contras on the ground. I was there. They didn't have bullets.

I didn't see them smuggling drugs, because had they of had cocaine, I'd have got it for 'em and given it to the wounded.

Now. You go back to Terry Reed's moment in time, which is the Barry Seal era, prior to me. I can only say this: If Ronald Reagan, as much as I think of him as a President and what he tried to do... George Bush... if they're guilty, then we've got to tell the truth. If the CIA is using drug money and supporting the flow of drugs, then they need to be shut down for that. And I guess that's my position with Terry. You know Terry... I'm in the book [i.e. Compromised] but, I try to be guarded, Tom, to protect you and your station and your integrity, and stay with the things that I can absolutely prove come judgement day, before a congressional hearing.

DONAHUE: Where did the money go? You're alluding to the fact that -- I think that's the million dollar question -- uh, how was the money funneled? Where do you think it went if the contras didn't benefit like they were supposed to?

NICHOLS: I would say the money went to the crime syndicates that I believe, and through things that you will see in the coming days, connect to Bill Clinton. And I believe the drugs were distributed from Arkansas all up and down the Northeast.

And you gotta understand: When you control the police, when you control everything in Arkansas, then it was not hard to distribute that cocaine out of the state.

DONAHUE: Um-hmm [understands]. What about "Big Daddy" Dan Lasater? Where does he play into this? We know he was the so- called "bonds" man.

NICHOLS: Well Dan Lasater produced for Barry Seal the ability to launder money at a more competitive rate than was the going rate in the crime world. It's my understanding (and again, it's my understanding from Reed's book) that they were cutting 10 percent, then "washing" it through a state agency, "washing" it from the state agency into the banks. You know it's odd that ADFA, an Arkansas state agency, didn't use an Arkansas bank!

DONAHUE: What bank did they use?

NICHOLS: They used two BCCI [Bank of Credit and Commerce International] banks, one in Florida and one in Georgia. And they used Dan Rostenkowski's bank, in Chicago.

DONAHUE: What's the name of that bank in Chicago?

NICHOLS: Uh, Guarantee Trust, or something like that. Guarantee Trust Bank {3}. I don't have my notes and stuff in front of me...

DONAHUE: That sounds right, yeah. Um-hmm [understands].

NICHOLS: And then the money would go from there to Citicorp.

DONAHUE: Rockefeller.

NICHOLS: Now. Then you've got, in December of 1988, right after I left, get this: ADFA transferred $50 million into Fuji Bank in the Grand Cayman Islands. Now Dan Lasater goes to the Cayman Islands nearly every weekend. And by the way: He was put in jail, got out, and was given a full and complete pardon, and is doin' what he was doin' before he went to jail, right now, today. And most people don't know it, the attorney general didn't know it, and nobody in Arkansas can figure how Clinton could give him a full pardon. Because cocaine is a federal offense. But he's got it.

DONAHUE: He went to jail for not only using, but selling cocaine...

NICHOLS: Not selling it. Giving it away.

DONAHUE: Just giving it away!

NICHOLS: He had so much money, and so much cocaine, that he flaunted it and he gave the cocaine away. Not one person does he sell it to. He was giving it away at parties to 13 and 14-year- old girls.

DONAHUE: What about Bill Clinton's "I don't inhale [marijuana]," or "I don't consume"? Was there any evidence that Bill Clinton was a drug user, besides the marijuana issue that came up in the campaign?

NICHOLS: Yessir. As a matter of fact, when you talk to Gary Parks tomorrow, you will find that Gary Parks was at parties at the Governor's mansion, that Roger [Clinton] and Bill [Clinton] were there, where cocaine was in candy dishes.

DONAHUE: In candy dishes.

NICHOLS: As a matter of fact, in '82 -- Bill Clinton had lost in '80 -- Witt Stephens, brother of Jack Stephens, said if Clinton would "dry out" on the cocaine, he would back him in the '82 race. And he did [dry out], supposedly.

(to be continued)

---------------------------<< Notes >>--------------------------- {1} Just a note to say that Donahue is currently being prosecuted/persecuted by the feds for alleged fraud or some such thing. He is opting to act as his own attorney. Further details may be found in the Thursday, July 7, 1994, Dallas daily newspaper (I think Dallas has just one daily paper at the moment.) Donahue is also giving updates on his trial via his radio show.
{2} Compromised: Clinton, Bush and the CIA, by Terry Reed and John Cummings. New York: S.P.I. Books, 1994. ISBN 1-56171-249-3. {3} According to Sherman Skolnick [Conspiracy for the Day, May 25, 1994], Rostenkowski and a Dan Shannon share ownership of the Garfield Ridge Trust and Savings Bank.

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Brian Francis Redman "The Big C"

"Justice" = "Just us" = "History is written by the assassins."