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Sherman H. Skolnick
Email: skolnick@ameritech.net

RED CHINESE GET BIG BUCKS IN SECRET HOSTAGE DEALS
by Sherman H. Skolnick 04/11/01

The Red Chinese are to get massive funds and terms in the secret deals brokered by Federal Reserve Commissar Alan Greenspan. The agreements, European intelligence sources contend, would never, if soon fully revealed, get the approval of top honchos of both political parties in the U.S. Congress.

The protocols, forms of clandestine U.S. Treaties, are highly favorable to mainland China and extremely adverse to the American White House occupied by what European and non-European sources aver is a highly tainted, and conflict-of-interest presidency. The secret deals, ending the ordeal of China holding 24 U.S. spy-plane airpeople hostages on an island offshore the China mainland, were hammered out with the help, among others of the following, many of whom have large business interests in Red China

(1)The deals were orchestrated (maybe the "accident" also "created"?) by George Herbert Walker Bush, in supervising his son, George W. Bush. The Elder Bush has a long history in strange events. With the American CIA since at least 1959, he was part of the cover up of the plot to assassinate President John F. Kennedy in 1963, as implicit in an FBI document that has surfaced. In 1976, for less than a year, he was Director of Central Intelligence, heading up the American spy community. In the late 1970s, before the U.S. began official diplomatic relations with Red China, the Elder Bush was U.S. envoy to Beijing, traveling and living, not with his wife but his mistress. The Elder Bush's brother, uncle of George W., Prescott Bush, Jr., has been a behind-the-scenes expert as a reputed money laundry expert, aiding criminally-inclined members of the Red Chinese Military and the Te-Wu, the Red Chinese Secret Police, in penetrating foreign currency and commodity markets, such as on the Chicago Board of Trade and the Chicago Mercantile Exchange. [Visit our website stories about the Red Chinese Secret Police operating on U.S. soil, arranging, for example, the shipments of human body parts harvested from Chinese dissidents condemned to death, as the body organs are ordered by the Rockefeller hospitals at the University of Chicago, major center of transplants.]

In October, 1980, the Elder Bush, briefly visiting a Paris suburb, arranged a treasonous deal to supply weapons to Iran via Israel. In exchange, Iran agreed to keep holding 52 U.S. hostages to aid the Reagan/Bush ticket to win the 1980 Presidential election by showing Jimmy Carter, running for re-election, as a wimp not able to get the hostage release. The affair was called "The October Surprise". The hostages were released just at the moment in January, 1981, when Reagan/Bush were successfully inaugurated, as President and Vice President.

(2) Another participant of the U.S.-China hostage pacts, has been U.S. Secretary of State, General Colin Powell along with his sidekick, Richard Armitage, Deputy Secretary of State. The foreign press, unlike the captive U.S. mass media, have not hesitated in the past to point out that a Burmese General, in an apparently authentic videoed interview. contended from first-hand knowledge that three top-level Americans have been his worldwide dope trafficking partners in shipments from the "Golden Triangle", Southeast Asia including Southwest China. In fact, they built him a highway through the jungle to facilitate the shipments, he asserts. Identified by this Asian dope kingpin as his long-time business partners reportedly have been George Herbert Walker Bush, General Colin Powell [who during the Viet Nam War covered up the Mai Li mass civilian murder incident], and Powell's ever-present crony Richard Armitage.

(3) Reportedly aiding in the hostage deals translations and terms has been the Younger Bush Administration's Secretary of Labor Elaine L. Chao, wife of Senator Mitch McConnell (R., Ky.) a husband and wife team that reportedly fronts for the Beijing government in Washington. Chao has numerous business links with the Red Chinese Secret Police. For example, she has held a seat on the board of Protective Life Corp., which owns 50 per cent of CRC Protective Life Insurance, as shown on Senate financial-disclosure documents. [Lippo Group, tied to Bill and Hillary Clinton as well as George W. Bush, owned First National Bank of Mena, Arkansas, arranging to launder hundreds of millions of dollars, proceeds of the American CIA dope shipments through the nearby airport at Mena.] The other half of the Hong Kong-located unit is owned by Lippo jointly with China Resources Holdings Co., a unit of the Red Chinese Secret Police and China's Military.

Elaine L. Chao's father, born in China, James S.C. Chao, is closely tied in business to the top officials of the Beijing government and owns a shipping company with business with the Beijing government.

Long part of highly secretive dirty deals has been the New York District Federal Reserve Bank, long tied to Maurice Greenberg, chairman of American International Group Inc. AIG purchased 5 per cent of Lippo Life and 70 per cent of one of its units, Asuransi Jiwa Lippo Utama, paying upwards of 200 million dollars. With gross sales of 40 Billion dollars, AIG was one of the first foreign firms permitted to sell insurance in Red China. Chao's husband, the U.S. Senator, has long received campaign pay-offs from Greenberg's firm.

European and American intelligence sources assert that Elaine L. Chao's reputed links to the Red Chinese Secret Police, together with that of her husband the U.S. Senator, could easily fill a good-sized book or magazine article. Despite her connections, she has strangely been given as a Bush Cabinet member access and clearance to top national security secrets of the FBI Counter-Intelligence Division, the American CIA, and highly sensitive classified records relating to U.S. and foreign trade.

(4) Participating reportedly if not actually fully facilitating the hostage deals has been former Clinton White House Senior Advisor, Rahm Emanuel. After leaving the White House, Rahm became a managing director of Wasserstein Perella & Co., supposed "investment bankers", who reportedly specialize in secret Asian asset swaps, barter deals, and laundering funds of the Red Chinese Secret Police disguised as foreign currency and soybeans deals on the Chicago markets. He has reportedly been quite involved in joint enterprises with Israel, where he is a dual citizen, jointly with the Red Chinese in enterprises reportedly including nuclear bomb detonators. Rahm Emanuel has been the reputed Deputy Chief for North America of Israel intelligence, The Mossad. His deals, some contend, if fully publicly revealed, would anger some American Jews, particularly those who are not part of the aristocracy, as well as more common people in Israel.

European and non-European intelligence officials who penetrated the secret hostage release arrangements conveyed the specifics of the U.S.-Sino so-called "peace" covenant, to certain outspoken, more independent-minded free lance journalists and investigators. This done, to assure some of the onerous terms somehow, somewhere, come to public attention without being screened by the monopoly press. Some of the specifics

===For use by the Beijing government, the Federal Reserve agreed to transfer to a neutral designated country, as a neutral depository or escrow agent, 40 Billion dollars in U.S. credits, assets, gold bullion, and currencies, both U.S. and foreign. Title of this is to be conveyed to mainland China sovereignty upon the safe release of the U.S. hostages.

[To facilitate this, certain foreign currencies have been artificially supported by the Federal Reserve at the same time, jointly with the Bank of England, Goldman Sachs & Co.(which moved to London to get away from U.S. jurisdiction), J.P. Morgan & Co., Bank One, with the aid of Wasserstein Perella & Co., and others, forcing down the price of gold below the cost of production of the world's most efficient mines.

===In the agreements between Red China and the U.S., the American CIA, by the Director of Central Intelligence, as head of the intelligence community, and as a signatory, certifies that the American mass media outlets will be ordered, or upon failure of such orders, technically and through satellites obstructed, from such major U.S. news outlets circulating or distributing, or causing or participating in the same, the details of the U.S.-Sino deals to gain release of the hostages. Guarantors of this, along with the American CIA and the Director of Central Intelligence, DCI, are signatories binding the National Security Agency, NSA, in charge of signal intelligence, and the National Reconnaissance Office, NRO, in charge of satellites, including those relied upon by the major media outlets.

[In federal documents long-since released but little mentioned, a similar deal for mass media censorship in 1964, was agreed to by the Associated Press and United Press International, guaranteeing for an indefinite period of time that the wire services will carry no adverse criticism of the then-issued Warren Commission Report proclaiming that there was no conspiracy in the murder of President John F. Kennedy and the deed was done by a lone assassin, Lee Harvey Oswald.]

===A top official of the U.S. Drug Enforcement Administration, DEA, as a signatory and guarantor binding as well on successors in office, assures that that Agency will use their best efforts and most merited personnel to prevent any publicity in the mass media news outlets, of any problem, of any problems to be publicly discussed, as to "China White", the high-purity dope from Southwest China funneling into the U.S.principally through Chicago and the monetary proceeds of which are to be credited to pay back the loans from First National Bank of Chicago now called Bank One. That this embargo on data and press releases and public statements is to continue at least until one year after the expected Red China hosting of the International Olympics. The DEA official agrees that his agency will restrict their public comments on dope traffic interdictions to Mexico, Colombia, Nigeria, and related locations and not mention Southwest China, or the term "China White". A top official of FBI Counter-Intelligence Division, in supervision of overseas offices, likewise is a guarantor and signatory to these embargo provisions.

As part of these restrictions on public statements, press statements, and press releases, the DEA and FBI signatories and guarantors agree not to use the term, in any of its forms, of Te-Wu, Red Chinese Secret Police, or any words relating to or meaning the same. The signatories and guarantors, upon the agreement with the Chinese signatories, confirm that the purported activities of the Red Chinese Secret Police, by any term referring to them, and their acts and doings while within U.S. sovereignty, since 1956, or before, were at all times "peaceable, law-abiding, and that no criminal or other offenses were committed within U.S. sovereignty"and that all statements to the contrary are known to the DEA and its predecessors as well as the FBI, "to be false and not supported by fact".

[This declaration is in direct opposition to the numerous reports from an elite unit of retired intelligence operatives who documented the murder and mayhem, on U.S. soil, by the Red Chinese Secret Police since at least 1956. Visit our website series.]

===As a signatory to the hostage agreements, the North American Chief of British Counter-Intelligence, with offices in Chicago, agrees to invoke the United Kingdom's Official Secrets Act, to restrain and punish any British news outlets, including those with U.S. offices as well, from distributing and circulating the withheld details of the hostage pacts. For that purpose, the MI-6 chieftain agrees to recommend the seizure in the United Kingdom, and wherever else there is British sovereignty, of media machinery, facilities, transmitters, trucks, portable audio and video equipment, and other media items, from any British major media violating the terms. And further, agrees to recommend the prosecution and jailing of British mass media personnel violating the Official Secrets Act by circulating or causing to be circulated and distributed the withheld details of the hostage covenants and terms.

While releasing the specifics of the foregoing to certain independent-minded journalists and investigators, the European and non-European intelligence operatives, that penetrated the U.S.-Sino concordat, assert they are holding back still other details of the hostage release financial and other agreements, so as to, on a time-sensitive basis, safeguard some of their units still compiling inside data.

The principal financial terms of the hostage release are not to be publicized for at least until after Red China successfully arranges hosting the International Olympics. Top officials of the sports superfest participated in the hostage dealings, in a restriced portion only, of the bargaining negotiations, according to European and non-European intelligence sources.

The penetration of the super-secret hostage settlements was aided by intelligence operatives with a background from France, Portugal, and Spain. The Portuguese operatives in particular had a score to settle with the dirty conniving in the deals by the Bush Family to cover up their secret business partnerships with the Red Chinese. As published in the foreign press, former high-level officials in Lisbon have accused George Herbert Walker Bush of arranging the political assassination, by way of a sabotaged plane crash, of the former Finance Minister of Portugal who had documents proving the Elder Bush used Portugal as a trans-shipment point for Bush's treasonous arrangement with Iran in 1980, to give them weapons via Israel, in exchange for holding back the release of the 52 U.S. hostages in Teheran. In other words, documents that proved the Elder Bush committed treason, to offset an "October Surprise" by Jimmy Carter trying to get the hostage release in the month prior to the 1980 election,to help Carter's re-election bid.

More coming. Stay tuned.



Since 1958, Mr.Skolnick has been a court reformer. Since 1963, founder/chairman, Citizen's Committee to Clean Up the Courts, disclosing certain instances of judicial and other bribery and political murders. Since 1991 a regular panelist, and since 1995, moderator/producer, of one-hour,weekly public access Cable TV Show, "Broadsides", Cablecast on Channel 21, 9 p.m. each Monday in Chicago. For a heavy packet of printed stories, send $5.00 [U.S. funds] and a stamped, self-addressed business sized envelope [4-1/4 x 9-1/2 #10 size] WITH THREE STAMPS ON IT, to Citizen's Committee to Clean Up the Courts, Sherman H. Skolnick, Chairman, 9800 South Oglesby Ave., Chicago IL 60617-4870. Office, 7 days, 8 a.m. to midnight, (773) 375-5741 [PLEASE, no "just routine calls]. Before sending FAX, call.

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