Ed Naile, CNHT

Hear Ed Naile every Wednesday morning on WLMW 90.7 FM on the Girard at Large radio show or listen to the archives at Voter Fraud Radio

He Can Manage Prison Hedges

It’s a teaching moment grasshoppers.


The basic principal of a classic Ponzi scheme: you pay the first investors to the scheme who cash out, with money from new investors. This, hedge fund investor, Mr. Bernie Madoff knows quite well.


Bernie Madoff also knew which side of the bread to butter when it came to politics; Bernie was a big time donor to liberal Democrats such as Chuck Schumer, Charlie Rangel, Governor Corzine, Clinton, Obama, and my favorite, the ACLU.


Mr. Madoff, the super hedge fund manager to Jewish elites, used his connections to worm his way into all kinds of sweet deals with people so rich they didn’t bother to check his credentials or ask serious questions about his investments. So I think the losses suffered by most of them are not that big a deal. Some small investors will suffer as will most of the non-profits he supported to gain cocktail party stardom status - a must in his small world.


But Mr. Madoff was doomed from the start with his Ponzi scheme because it was an IMPERFECT Ponzi scheme.


Where is my proof of this?


Well, who will “invest” with Mr. Bernie Madoff’s imperfect Ponzi scheme now! And with no new “investors’ to pay the annual 10% dividends he was making his pals, the calliope stops making music and the pretty horses stop going around, next thing you know your trapped in your $5 million dollar penthouse.


Once again, Mr. Bernie Madoff’s problem with his imperfect Ponzi scheme was the lack of new “investors” as people in this bad economy wanted some cash back and stock market losses caught up with him.


If only Mr. Madoff could have found a way to make his Ponzi scheme perfect, you know, by having an endless supply of investors who would be forced to invest, investors who always paid up and who had faith in him. Now that would be a more perfect system.


But the US Social Security System already has that market covered. It’s the perfect Ponzi scheme - except for the part in their scheme where all the investors cashing out eventually consume more than all the forced investors entering the scheme for the first time. This will occur sometime around 2016. Mr. Madoff will still be in jail and politicians in Washington will be in a panic trying to fix our almost perfect government Ponzi scheme.


I heard Democrat Chuck Schumer is going to donate all the Madoff money he got for his campaigns to charity. See, now all is better.






Now Comes Bill Richardson To The Obama Cabinet

Did you catch this tid-bit in the news today? Two paragraphs from a Bloomberg article about Democrat Governor Bill Richardson:

“Dec. 15, 2008 (Bloomberg) -- A federal grand jury is investigating how a company that advised Jefferson County, Alabama, on bond deals that threaten to cause the biggest municipal bankruptcy in U.S. history, did similar work in New Mexico after making contributions to Governor Bill Richardson’s political action committees.

The grand jury in Albuquerque is looking into Beverly Hills, California-based CDR Financial Products Inc., which received almost $1.5 million in fees from the New Mexico Finance Authority in 2004 after donating $100,000 to Richardson’s efforts to register Hispanic and American Indian voters and pay for expenses at the Democratic National Convention in 2004, people familiar with the matter said. CDR specializes in offering insurance expertise as well as municipal reinvestment strategies to municipalities, underwriters, corporations, and government agencies in the U.S.”

So New Mexico Governor and Obama Cabinet Member Bill Richardson got a donation from a lobbyist of $100,000.00, we know, of and that company, CDR, shortly thereafter received $1.5 million in consulting fees. I am sure CDR is a reputable company. Let’s check with this Department of Justice release I found regarding CDR actions in Florida in 1999-2000:

SEC Settles Enforcement Actions Against Municipal Bond Offerings Participants for Violations That Put at Risk the Bonds' Tax-Exempt Status


Washington, D.C., September 28, 2007 – The Securities and Exchange Commission today announced settled enforcement actions against two California companies for their failure to disclose a fee agreement that created a risk to investors that interest on $650 million of municipal bonds might lose its tax-exempt status. The charges against CDR Financial Products, Inc. (formerly known as Chambers, Dunhill, Rubin & Co.) and Anchor National Life Insurance Company, (now doing business under the name of AIG SunAmerica Life Assurance Company) relate to three municipal bond offerings in Florida. (I don’t have time for AIG right now.)


The Mayor of Birmingham Alabama, Democrat Larry Langford, was arrested in late December 1, 2008 after an indictment accused him of taking more than $236,000 in gifts and cash in return for helping two of his friends scoop up some county business while Langford served on the Jefferson County Commission, a civic-minded commission sprinkled with former members like Commissioner and Langford pal Mary Buckelew who pleaded guilty regarding $4,000 worth of gifts from an investment banker whose firm received millions of dollars in sewer bond and swap transaction fees. Other recently convicted former Jefferson County Commissioners, Jeff Germany, Chris McNair and Gary White, who were also convicted by juries for committing crimes involving graft. It looks like this Federal investigation has legs.

What happens in Florida and Alabama doesn’t always stay in Florida and Alabama it seems, New Mexico needed some bond consulting and Governor Bill Richardson needed some new Hispanic voters registered along with some fresh campaign cash. So will this new investigation of Democrat Bill Richardson mirror the other CDR deals? Who knows.

But I know one thing, these scams are so old and worn it’s almost embarrassing to read them.

I wonder what CHANGE will bring?








Its Ham Sandwich Time or The Chicago Way: Part Two

If you remember former governors who served time, one governor, John Rowland of Ct., should come to mind. He spent ten months in jail and several under house arrest for graft. Rowland was a Republican. They are held to a different standard than Democrats when it comes to crime, or anything else.

Here is my offering. It is a sampling of a letter in the legal process by Ct. officials to reversed the contract awarded to the bid riggers after Rowland's idictment:

Attorney General, Richard Blumenthal

June 5, 2006

Honorable James T. Fleming
Commissioner Department of Public Works
165 Capitol Avenue
Hartford, CT 06106

Dear Commissioner Fleming:

The Tunxis Management Co. (“Tunxis”) and William A. Tomasso, (Read Rezko) former president of Tunxis, recently pled guilty to federal charges related to the corrupt relationship between William A. Tomasso, and Peter N. Ellef and Lawrence E. Alibozek, chief of staff and deputy chief of staff to former Governor John G. Rowland, that resulted in the selection of Tunxis for state property management contracts…


1The Plea Agreement executed by Tunxis specifically states that the “Government’s evidence would establish that the corrupt relationship between Tomasso, Ellef, and, to a lesser extent, Alibozek, compromised … the honesty and impartiality of the selection processes relating to other State of Connecticut business transactions such as the selection of a property management company [Tunxis] to perform renovations at Long Lane School.”


2 From June 1, 2006 through January 31, 2008, the end date of the contracts, Tunxis would receive $426,000.00 under the Uncas-on-the-Thames (A state hospital!) contract and $666,000.00 under the 25 Sigourney Street contract, for a total of $1,092,000.00 in state payments. (End)


Former Republican Governor of Connecticut, John Rowland was found guilty of conspiring with top aids to send work to preferred contractors Uncas-on-Thames Hospital Fund – a state hospital!


Sound familiar? A highly placed, cherished Republican politician sends a state contract bone to dirty dog pals of his pals, in this case, the Governor’s staffers picked their favorite builders. All parties were thoroughly investigated and prosecuted.


There is credible evidence to have Federal Prosecutor, and media hound Patrick Fitzgerald, investigate former Illinois State Senator Barack Hussien Obama for steering a similar project to Rezko affiliates whom have plead guilty already. I mean you have Blagojevich by the short ones. Now is the time.


How tough is that Pat? How tough is that, Main Stream Media?


Here is Count #12 of Rezko’s total of 24 counts he was recently found guilty of:


Charge: Rezko caused builder Jacob Kieferbaum to send a letter to Mercy Hospital on Nov. 25, 2003, in furtherance of an illegal scheme.

Background: Rezko and Levine agreed to split a $1 million bribe from Kieferbaum in exchange for Levine, a member of the Illinois Health Facilities Planning Board, (Awarder of Illinois state hospital bids.) and Rezko arranging for the board to approve Mercy Hospital's application to build a facility in Crystal Lake.

Verdict: Guilty Mail fraud

So what is so tough about calling in some people to talk about Senator Barack Hussein Obama and his spearheading, as Illinois State Senator, the lowering of the Illinois Health Facilities Board to 9 members from 15 and packing it with people who have already plead guilty to this scam? Blago signed off on it.


Could we please have Federal Prosecutor and Media Hound Patrick Fitzgerald go after Illinois players for two years like he did with, say for instance Scooter Libby, who he knew the whole time was not a leaker of non-top secret documents and at least come up with a process crime? It really is simple. Try this:

1. Get everyone in separate rooms - get statements.

2. Lean on anyone you pick out to prosecute who’s statement is not in line anyone else’s statement – don’t let them use their notes from any meetings as a reference.

3. Get a second statement and prosecute if there is a difference.


Start with Blagojevich then work your way through the crowd in an upward path through all the parties.


Come on you’ve done it before.





Savvy political genius and consumate insider Rahm Emanuel, Barack Hussein Obama's Chief of Graft, is suddenly silent on whether he was involved in any discussions regarding Obama's old US Senate Seat.

From a no holds barred, F-word loving, tough guy ballet dancer, to a quiet little mouse when it comes to answering simple questions about the indictment of Governor Blago.

Either Rahm-alam-a-ding-dong was involved in choosing who would take an open US Senate seat, which to most political pit bulls would be a treasure beyond imagination - or he turned one of his Chicago mob buddies (Blagojevich) in to save another Chicago insider.

Oh the audacity. I thought we elected CHANGE.

Spiro Agnew would be proud.


Pay To Play - The Chicago Way

You can still find some information on the web about Rezko, Blagojevich, Obama, and the endless list of crooks who own politics in Chicago and Illinois.

I have an interesting interview posted below between Obama and reporter, ABDON M. PALLASCH of the Times.

Chicago Sun Times March 14, 2008:

All along the way, red flags should have been going up but were not because he had known and trusted Rezko so long, Obama conceded.

“He never once asked me for any favors, or ever did any favors for me,” Obama said. “He never gave me any gifts or gave me any indication he was setting me up to ask for any favors in the future.”

For some details of insider politics in Obama’s natural habitat check out this site. I copied a small portion of a typical scam Obama, Rezko, and Blogojevich were all involved in. It is typical “follow the money.” It is part of the Rezko tril.

Curtain Time For Barack Obama:
Final Chapter

By Evelyn Pringle

22 May, 2008

“That part of the scheme will likely be detailed in future indictments, probably starting with Blagojevich. Blagojevich signed the Illinois Health Facilities Planning Act with an effective date of June 27, 2003. However, before he could sign the act, a bill had to be passed by the Illinois House and Senate. As discussed fully in Curtain Time Part II, Obama was the inside guy in the senate who pushed through the legislation that resulted in the Act.

Obama was appointed chairman of the Senate Health and Human Services Committee. The minute the bill was introduced, it was referred to his committee for review. The sponsors of the bill also served on this committee with Obama. Within a month, Chairman Obama sent word to the full senate that the legislation should be passed.

On May 31, 2003, Senate Bill 1332 passed and specified that the “Board shall be appointed by the Governor, with the advice and consent of the Senate." The legislation reduced the number of members from 15 to 9, paving the way for the appointment of a five-bloc majority to rig the votes.

The corrupt members appointed included three doctors who contributed to Obama. Michel Malek gave Obama $10,000 on June 30, 2003 and donated $25,000 to Blagojevich on July 25, 2003. Malek also gave Obama another $500 in September 2003.

Fortunee Massuda donated $25,000 to Blagojevich on July 25, 2003, and gave a total of $2,000 to Obama on different dates. After he was appointed, Dr Imad Almanaseer contributed a total of $3,000 to Obama. Almanaseer did not give money to Blagojevich.

When the first pay-to-play scheme was put in play, and the application for approval of a new hospital was submitted, the Department of Human Services, along with four other Illinois agencies, sent recommendations that the project should be approved even though experts said the hospital was not needed.

During the trial, Rezko’s attorney presented an email exchange to the jury that hinted at Obama's role in setting up the scheme. The exchange showed that Obama and seven other top Illinois politicians consulted on the legislation passed in 2003 and were involved in recommending the members for the board.

Matthew Pickering wrote the memo to Blagojevich’s general counsel, Susan Lichtenstein, on behalf of David Wilhelm, a former chairman of the Democratic National Committee, who headed Blagojevich's 2002 campaign for governor.

Pickering said he and Wilhelm had “worked closely” over six months with state legislators. The memo recommended the appointees listed above and stated, “our attached recommendations reflect that involvement” with the political leaders.

The persons appointed to rig the votes, including those who contributed to Blagojevich and Obama, are cooperating in exchange for immunity or lighter prison sentences.

Feds shut down pay-to-play schemes”

See how this works? Obama, not known for actually VOTING on bills, takes the helm of this one and lowers the amount of board members so as to be easily bribed or paid off with jobs, etc. And behold, campaign cash appears shortly thereafter.


In the Rezko trial some of the new members rolled.


It should be noted that the ORIGINAL Senate Health and Services Committee, the one with 15 members, included 8 Consumer Representatives. Once it was down to 9 members the public had less clout.


Typical municipal scam – typical behavior of anyone who wanted to get ahead in Chicago politics.


And Obama says he doesn’t know Rezko very well. It seems he knew how to play the game.