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Hillary on the Hot Seat

April 29, 2007

By: Paul R. Hollrah

There is word in recent days that Hollywood mogul Peter F. Paul, the co-founder of Stan Lee Media (SLM), who has pursued a major civil suit against Bill and Hillary Clinton for more than two years, is preparing to release a newly recovered videotape containing evidence that Hillary has, in fact, committed a series of felony crimes. Paul’s attorney has said that the videotape represents “smoking gun evidence.”

So what is the basis of Paul’s lawsuit? Let’s review the facts.

In the summer and fall of 2000, Hillary Clinton’s campaign for the United States Senate needed money – and lots of it. According to documents disclosed by the United States Justice Foundation, the Clintons approached Peter Paul for help.

Recognizing the commercial value of the Clinton name, Paul quickly moved to make a deal. He would agree to spend up to $525,000 underwriting a Hollywood fundraiser for Hillary during the week of the Democratic National Convention if Clinton, himself, would agree to join the SLM board when he left office in January 2001. Consequently, in July 2000, while still in office, Clinton struck a deal reportedly worth $15 million in stock, cash, and Clinton Library contributions. (Hmm! Wonder why Democrats insisted on Newt Gingrich’s scalp for signing a $4 million book deal before he left office.)

Billed as a “Farewell Salute to President Bill Clinton,” the event attracted some 1,400 of Hollywood’s wealthiest and most famous glitterati. The Host Committee included names such as Norman Lear, Gregory Peck, Rob Reiner, Mary Steenburgen, Ted Danson, and George Hamilton. Other Host Committee members were then-Governor Gray Davis, Denise Rich (of Clinton pardon fame), and Senator Ted Kennedy’s brother-in-law, Raymond Reggie, who later became an FBI informant.

The event featured a 3-hour private concert with performances by Cher, Diana Ross, Patti LaBelle, Melissa Etheridge, and others, followed by a VIP dinner. The price of admission to the concert was a $1,000 contribution to Hillary’s New York senate campaign, and anyone purchasing concert tickets was given the “opportunity” to purchase dinner tickets at $25,000 per couple.

Unfortunately for Paul, when all of the costs were totaled he was “in the bag,” not for the $525,000 he had agreed to underwrite, and for which he was to be reimbursed, but for well over $2 million. But what was most distressing to the Clintons and to Hillary’s campaign team was the knowledge that, after expenses, the concert and dinner produced little, if anything, for her campaign coffers.

However, when the Clinton campaign filed its campaign finance reports with the FEC they simply lied. They reported the total cost of the Hollywood fundraiser, not at more than $2 million, but $401,419. Everything over that, some $800,000, all of it in-kind contributions, was put into the campaign coffers as “hard money” contributions, while Paul was left to pick up the tab for all the remaining costs, putting him well over his $2,000 legal limit.

Of course, not wanting to be too close to a contributor who had broken the law, the Clintons took immediate steps to distance themselves from Paul. According to United States Justice Foundation reports, on August 15, 2000, three days after the Los Angeles event, the Washington Post mysteriously reported on Paul’s 25-year-old felony conviction.

According to the Post, Hillary’s weasely spokesman, Howard Wolfson, was quoted as saying that the Clinton campaign “would not accept any contributions” from Paul – this just three days after Paul had been forced to make, involuntarily, what must be the largest individual campaign contribution to a single candidate in American history.

Two days later, in a follow-up story, Wolfson admitted that he had “misspoken.” The Clinton campaign had received a $2,000 check from Paul on June 30, 2000. He went on to say that, “today we returned that check.”

At this point, Paul might have concluded that the Clintons were not entirely trustworthy. But lest he have such doubts, in the days that followed the Clintons assured him, through third party messages and personal letters, that their deal was still on. Feeling reassured, Paul responded positively to a request by Clinton’s finance director, Howard Rosen, that he transfer $100,000 in SLM stock to a political group in New York that had agreed to support Hillary’s campaign.

Finally, adding insult to injury, Paul received “an irate e-mail” in November 2000 protesting his failure to make a $250,000 contribution to the Clinton Library, as promised. He wrote the checks.

Although it took some doing, Paul finally got the message that he had been completely “hosed” by the Clintons and he filed a civil suit to collect the funds the Clintons swindled from him. Paul may be angry enough to forego the evidentiary value of the tapes and make them available for broadcast on national TV. We can only hope.

Source: The Conservative Voice

Posted by Hillary · Filed Under 2008, Bill Clinton, Campaign Finance, Editorials/Opinion, Hillary Clinton, Hillary Clinton Make Overs, Hillary Clinton in the News, News, Scandals 

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