Time: Wed Jun 25 10:28:52 1997
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Date: Wed, 25 Jun 1997 10:06:32 -0700
To: (Recipient list suppressed)
From: Paul Andrew Mitchell [address in tool bar]
Subject: SLS: New COSCO revelations (fwd)
<snip>
>
> COSCO CAUGHT SHIPPING 87 POUNDS OF HEROIN
> Has Many Connections To Clinton Administration
>
> In response to an inquiry from Chairman Gerald Solomon, R-NY,
>the Clinton administration has admitted that the China Ocean
>Shipping Co., COSCO, was caught shipping 87 pounds of heroin in
>1993.
>
> The Clinton Administration says, however, that it has "no
>information indicating that Cosco officials were involved in or
>had knowledge of this heroin shipment."
>
> They would be expected to say that. Cosco turns out to be
>very close to the Clinton administration.
>
> Cosco's takeover of the Long Beach Naval base took place
>after personal lobbying on its behalf by Bill Clinton himself.
>And the Clinton administration prevented U.S. companies from
>bidding on Long Beach.
>
> What makes it so important for the People's Republic of China
>to lease the Long Beach Naval Station? U.S. counterintelligence
>officials have told the American Spectator that Cosco uses its
>legitimate shipping business activities as a front for
>intelligence gathering. "Cosco operates a fleet of ELINT
>[electronic intelligence] trawlers for the PRC government that
>can sit in Long Beach harbor and eavesdrop on communications
>throughout the Los Angeles area," one U.S. official said.
>
> It also turns out, as reported in the American Spectator,
>that the Arkansas Teachers Retirement System (ATRS) has an
>investment in Cosco. ATRS is one of the pension funds raided by
>Bill Clinton when he was governor. Its money was used for
>political purposes by laundering it through another Bill Clinton
>creation, the Arkansas Development Finance Authority (ADFA).
>Besides investing in Cosco, the ATRS has an investment in one
>Jerry Parks that it will not retrieve. On ATRS's books is one
>mysterious loan of $47,959 to the Clinton security contractor.
>Parks was assassinated outside Little Rock in 1993. Parks worked
>closely with White House Deputy Counsel Vince Foster, who was
>found dead in Fort Marcy Park three months after the
>assassination of Parks.
>
> Published in the Jun. 23, 1997 issue of The Washington Weekly
> Copyright 1997 The Washington Weekly (http://www.federal.com)
> Reposting permitted with this message intact
>
>
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========================================================================
Paul Andrew Mitchell : Counselor at Law, federal witness
B.A., Political Science, UCLA; M.S., Public Administration, U.C. Irvine
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