Conspiracy Nation -- Vol. 10  Num. 88
                     ("Quid coniuratio est?")


By Sherman H. Skolnick

One of the strangest banks in the world is in Chicago. Originally chartered as South Shore National Bank, at the time of the assassination of President John F. Kennedy one of its largest stockholders was the wife of Texas oil man Clint Murchison, Jr. Over the years, knowledgeable sources have contended that some of the funding for the Dallas JFK murder team was laundered through South Shore National Bank, disguised as meat packing transactions.

Operatives of French Intelligence penetrated the plot against JFK -- similar to the failed scheme against the French leader, Charles DeGaulle. France was saved, however, from a political murder, as shown in the book, "The Day of the Jackal" by Forsyth. Another book, "Farewell America," was written by French Intelligence under a pen-name, James Hepburn. [CN: The book was reportedly suppressed in the United States, but was a best-seller in Europe.] It tells about the "Committee" of top U.S. Military, American CIA, and other establishment bigshots that met to orchestrate the murder of President Kennedy, who opposed the oil monopoly. A whole section of the book details the oil industry schemes against JFK who wanted to stop the tax loop-hole giveaway called oil depletion allowance.

The Committee met for last minute plans for four days prior to the murder, on the Murchison ranch. On the murder junta was Richard M. Nixon, rankled for having lost the 1960 presidential election to JFK through eight thousand votes in Chicago stolen by local gangsters. (It helped Illinois swing its electoral vote to JFK, cinching the election for him.) [CN: See Double Cross by Sam and Chuck Giancana.]

The Nixon Archives, subsequently closed, showed a close relationship between Nixon and Murchison who often wrote to each other. Obtained from the same document repository was a handwritten letter, dated the summer of 1960, from Ronald Reagan to Nixon -- we call it a "death warrant" -- implying that if JFK is elected, he should have his brains blown out, Reagan claiming that JFK is a communist. [1]

(Reagan as California Governor refused to permit the extradition of a key JFK assassination witness sought by New Orleans District Attorney Jim Garrison.)

In the 1960s and 1970s, the South Shore National Bank financed a Chicago south side narco-terrorist gang, called, at that time, the Blackstone Rangers. During that period, the Chicago police had a Gang Intelligence Unit to track these street criminals who were creating havoc. Members of the elite police unit complained to their commander, to no avail, that these terrorists were being financed by the Central Intelligence Agency as a test of how to subdue and cow neighborhoods, an example to be used in controlling hamlets in Viet Nam during the war there.

It was virtually impossible to keep the terrorists under arrest. They had some secret, high-level, total immunity. Local mobsters, messengers for CIA, seemed to promptly show up at the police stations with piles of bail money for the Blackstone Rangers (headed at the time by Jeff Fort, a sneaky illiterate, later given an honorary college diploma.)

The CIA financed these gangs through foundations as conduits, including the Charles E. Merrill Trust of Cambridge, Massachusetts (founder of Merrill, Lynch stock brokerage), and the Charles Kettering Fund of Denver. The gangs were supervised by a strange white man with red hair, connected to the political action unit of a major labor union.

In later years, these street narco-terrorist gangs were re-named the El Rukns. One of those who supposedly was to prosecute the gangs, en masse, was reportedly formerly with CIA: William R. Hogan, Jr. As Assistant Federal Prosecutor in Chicago, Hogan was accused of prosecutorial misconduct in the El Rukn criminal cases shortly after Bill Clinton, himself a CIA darling, became President. (Hogan reportedly countered the misconduct charges against him publicized by federal judges in the El Rukn cases by stating his bosses, in the U.S. Justice Department, took no action even though they had substantial knowledge that six federal judges in Chicago took bribes: three in the Federal District Court, and three in the Federal Appeals Court, 7th Circuit, headquartered in Chicago.)

Re-chartered by the state of Illinois, the South Shore Bank was the only bank in the nation to be owned and operated by a group of foundations. Over the years, we developed expertise in researching foundation tax returns (which happen to be a little-known public record.) Our investigations showed the foundations owning the bank were conduits for huge sums from the American CIA, used for various counter-insurgency projects labeled "community developments."

Recently, the U.S. Treasury had millions of dollars supposed to be used by banks nationwide for such local development. Strange, but Hillary Rodham Clinton steered the bulk of those federal funds to the South Shore Bank, snubbing other banks nationwide supposed to also get such money. [2] After all, the First Lady has long had her own duties, separate from her husband's, with the CIA.

---------------------------<< Notes >>--------------------------- [1] A copy of "The JFK Death Warrant" can be seen for a 10-dollar donation. Write to Sherman Skolnick, 9800 S. Oglesby Ave., Chicago, IL 60617 or phone him at 773-375-5741 for more info.

[2] Hillary Clinton, although not holding an official position, nonetheless has a great deal of power and was "instrumental" in steering the funds to South Shore Bank, says Mr. Skolnick.

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