("Quid coniuratio est?")
[CN Editor -- I cannot vouch for the accuracy of all of the following. It may or may not be true, I just don't know. However I consider Skolnick to be an honest and careful investigator.]
[The following is a transcript of a recorded phone message put out by a group in Chicago called "Citizens' Committee to Clean Up the Courts [CCCC]." (312) 731-1100 and (312) 731-1505.]
Hi! Sherman Skolnick, Citizens' Committee to Clean Up the Courts, 9800 South Oglesby.
There's plenty the popular press is not telling us about the bailout of Mexico. For example: the horrendous conflict of interest involving Maurice Greenberg, the chairman of the Federal Reserve district bank in New York, who's also the chairman of the American International Group, a tremendous company with interests in Mexico.
UNKNOWN INTERVIEWEE:
At this point in time, we are being told by the Federal
Reserve that, "We need to go down and bail out Mexico."
Well guess what? In Mexico, American International Group has a tremendous financial interest! They have invested millions and millions of dollars there. How would you like to be the chairman of the New York Federal Reserve district, and not have any risk whatsoever, because you knew that if something did happen to your investment, you could play a key, integral role in bailing yourself and your corporation out!
SHERMAN SKOLNICK:
Yeah, true. I understand. And the New York "Fed" is very
instrumental in the Mexico thing.
UNKNOWN INTERVIEWEE:
The "Fed", the New York branch of the "Fed", is the most
powerful group.
SHERMAN SKOLNICK:
(This is another interview with Pat Riatt(sp?), financial
researcher and publisher.) [CN -- As far as I can determine,
the following interviewee, Mr. Riatt, is not the same person
as the "unknown interviewee", above.]
PAT RIATT:
There's very, very little truth being said about the Mexican
situation. The real reasons that, we're being told, are
completely different than the phony reasons that we're being
given.
SHERMAN SKOLNICK:
Such as what?
PAT RIATT:
Well, who are the parties that stand to gain from the
bailout? One of the things I can tell you -- and most people
don't have to be brain surgeons to understand -- is that the
Mexican people are not going to benefit from this bailout.
They're talking about a guarantee of $40 billion. They're talking about a guarantee of $40 billion being leveraged [with] Mexican oil going to pay for this. Well Mexican oil, through their nationalized company, petroleum company, called PEMEX, has already been mortgaged! This would be, like, the 30th mortgage on that, as a security! So if we're going to get this $40 billion, we're going to be 30th in line. And how much money do you think we're going to get when we're 30th in line?
SHERMAN SKOLNICK:
Probably not very much.
PAT RIATT:
No.
The people that are profiteering are the big banks, on Wall Street (as you are hearing in the press). There are also other large corporations, like U.S. Trust Company, which is headed by Robert Day(sp?). He was down there; he used his influence with Henry Kissinger -- Ya gotta remember: Henry Kissinger is a major player in this entire scenario. He was writing long columns, on and on and on, espousing the virtue of the Mexican government. He claimed that he knew of no more competent government in the world, to pass NAFTA! He pushed NAFTA through, never telling anyone out there -- anyone -- that he had a major stake, at Kissinger Associates, his consulting firm, and had numerous clients, where he was profiteering from the very fact that NAFTA would be passed.
And there's no reason at all that public pension funds, for instance, should have been investing in these type of markets.
However, I can tell you that, as of a conversation that we had with the director of the state of Wisconsin investment board, just yesterday, whose name is Patricia Lippman(?), that this particular investment board, which heads up a $35 billion investment portfolio, has lost tens of millions of public pension money down in Mexico.
SHERMAN SKOLNICK:
Also, a number of pension funds like that have lost a great
deal of money in derivatives.
PAT RIATT:
We have a situation in this country where we're not being
told the truth, and the American taxpayers are having to bail
out people that gave us false information and did not do due
diligence when they did the NAFTA.
SHERMAN SKOLNICK:
Well, the NAFTA, of course, also involves Canada. And there
are some astute observers that believe that Canada, like
Mexico, is bankrupt. And that the united States is in the
middle [of] sort of a "bankrupt sandwich". [laughs]
PAT RIATT:
Well we're a triple-decker, in that case, because we're
bankrupt as well!
SHERMAN SKOLNICK:
Another story, suppressed by the liars and whores of the press.
In Chicago, see us on cable tv, channel 21, 9 pm [cst] most Monday evenings.
Play it again: "The Colossal Scandal in the Clinton White House". (312) 731-1505.
New message Friday; we change it several times a week.
Donations appreciated. Citizen's Committee to Clean Up the Courts, 9800 South Oglesby, Chicago, [Illinois] 60617. For the latest on courts, banks, espionage agencies, political assassinations, and the news media. On 24 hours a day.
I encourage distribution of "Conspiracy Nation."
Coming to you from Illinois -- "The Land of Skolnick"