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Monday, August 12, 2013

Some May Not Be Old Enough To Remember That Hillary Made $100K Trading Cattle Futures, But Here's The True Skinny

Posted By: Watchman
Date: Monday, 12-Aug-2013 21:54:37


I remember this story well, and yep the media covered it up then, just like they do with certain politicos today... particularly with regard to things like NSA, Bengazi, and on and on....Nevertheless from the time that Tyson implemented it, I never bought a SINGLE chicken part or in fact anything from him..Not that he knew nor cared, but it became my private boycott..
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How Hillary Made that $100k in Cattle Futures
Posted by Ann Barnhardt - August 9, ARSH 2013 7:24 AM MST
I can't remember if I have ever written this up, or maybe just explained it in a interview at some point, but I have had several people ask, so I'll explain it.
This is how Hillary Clinton "made" $100,000 off of an initial "investment" of $1000 in cattle futures back in the early 80's.
It was textbook money laundering.
I know you're shocked - SHOCKED to think that a Clinton could be involved in anything untoward, but I'm afraid it is true.
Back in the 80's in Arkansas, Bill and Hillary were the power couple ascending first to the position of Attorney General and then to the governor's mansion. Being the psychopathic whores that they both are, they were all about cashing in on their power and accepting de facto bribes and payola.
In Arkansas the Tyson family (as in Tyson chicken) were the big players at the time. Wal-Mart was still getting off the ground. Old Man Tyson wanted to buy off the Clintons, and so a money laundering scheme was hatched. A futures account would be opened with a broker named Red Bone (no joke) in HILLARY'S NAME. Red Bone cleared through a company called Refco, which would later become MF Global. That company through its entire history and iterations has always been a hive of villainy.
Anyway, the account was opened in Hillary's name and Hillary made an opening deposit of $1000.
Every day at the opening bell Red Bone, per Old Man Tyson's instructions, would put in two orders: Buy 50 contracts of live cattle futures AND sell 50 contracts of live cattle futures. (I'm just using 50 as a round number, I don't know exactly what the quantites were.)
At the close the same thing would be done - buy 50 and sell 50.
On days in which the market was higher from the open to the close, Hillary's account would be assigned the lower buy from the open and the higher sell from the close. If the close was $0.25 per pound higher than the open, the math would look like this:
$0.25 X 400 = $100 per contract
$100 per contract X 50 contracts = $5000
A live cattle contract is 40,000 pounds, so the coefficient is 400. Trust me on that. The price is actually quoted in "hundredweights", hence the dropping of two zeroes.

more here

http://www.barnhardt.biz/ 


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