The island Hillary Clinton shouldn’t have mentioned

NY Post – [Hillary Clinton] told MSNBC: “We can go after some of these schemes … the kind of misclassifying of income, trying to make it look like it’s a capital gain, when it’s really ordinary income, going ahead and routing income through the Bahamas or the Cayman Islands or wherever.”

… The Clintons’ family wealth has grown big-time thanks to firms with significant holdings in places like the Caymans.

As The Daily Caller notes, Bill Clinton spent years as a partner in his (now-ex-) buddy Ron Burkle’s investment fund Yucaipa Global — registered in the Cayman Islands. In five years, Bill pocketed at least $10 million.

In 2011, her hubby also earned at least $225,000 in speaking fees from Whisky Productions for an “event that will target the business community in Grand Cayman.”

It’s a family thing: Chelsea Clinton’s hubby, Marc Mezvinsky, is a partner in a hedge fund with multiple holdings incorporated in the Cayman Islands.

And don't forget about the millions of undocumented contributions to the Clinton … Foundation (while she was Sec of State, of course) which were deliberately channeled through Canada to avoid IRS reporting.

Progressive Review, 2001 - In 1985, Clinton established the Arkansas Development Finance Authority that would become, in the words of one well-connected Arkansan "his own political piggy bank." Though millions of dollars were funneled to Clinton allies, records of repayments would be hazy or non-existent. . . Later, an investigator found evidence of an electronic transfer of $50 million from the Arkansas Development Financial Authority to a bank in the Cayman Islands.

As one examined the story, it was clear even back then that there were major ties to other major scandals such as BCCI and the savings & loan crisis, forerunners of current mass fiscal manipulation gone awry. The state of Arkansas was laundering money in Grand Cayman, which had a population of 18,000, 570 commercial banks, one bank regulator and a bank secrecy law.

According to the London Telegraph's Ambrose Evans-Pritchard, major drug trader Barry Seal “was probably the biggest importer of cocaine in American history. Between 1980 and his assassination in 1986, his team of pilots smuggled in 36 metric tons of cocaine, 104 tons of marijuana and three tons of heroin, according to a close associate of Seal. The sums of money involved were staggering. At his death, Seal left a number of operational bank accounts. One of them, at the Cayman Islands branch of the Fuji Bank, currently has an interest-earning balance of $1,645,433,000."

Roger Morris & Sally Denton, Penthouse Magazine - Seal himself spent considerable sums to land, base, maintain, and specially equip or refit his aircraft for smuggling. According to personal and business records, he had extensive associations at Mena and in Little Rock, and was in nearly constant telephone contact with Mena when he was not there himself. Phone records indicate Seal made repeated calls to Mena the day before his murder. This was long after Seal, according to his own testimony, was working as an $800,000-a-year informant for the federal government.

Eight months after the murder, Seal's cargo plane is shot down over Nicaragua. It is carrying ammunition and other supplies for the Contras from Mena. One crew member, Eugene Hasenfus, survives.

… Tax records show that, having assessed Seal posthumously for some $86 million in back taxes on his earnings from Mena and elsewhere between 1981 and 1983, even the l.R.S. forgave the taxes on hundreds of millions in known drug and gun profits over the ensuing two-year period when Seal was officially admitted to be employed by the government.

…. Arkansas state trooper Larry Patterson [would later testify] under oath, according to The London Sunday Telegraph, that he and other officers "discussed repeatedly in Clinton's presence" the "large quantities of drugs being flown into the Mena airport, large quantities of money, large quantities of guns," indicating that Clinton may have known much more about Seal's activities than he has admitted.

More on the Arkansas drug  trade, a story almost entirely ignored by he mainstream press