- June 16th, 2006, 4:44 pm
#18342
Found this article, today. Any truth to it? Old hags--help us out on this one. I'm just posting the highlights, but this is a VERY intriguing article.
http://baltimorechronicle.com/2006/061406Parry.shtml
The Moon-Bush Cash Conduit
By Robert Parry
Buying Influence
But Moon’s influence-buying operation was only just beginning.
He launched the Washington Times in 1982 and its staunch support for Reagan-Bush political interests quickly made it a favorite of Reagan, Bush and other influential Republicans. Moon also made sure that his steady flow of cash found its way into the pockets of key conservative operatives, especially when they were most in need, when they were facing financial crises.
For instance, when the New Right’s direct-mail whiz Richard Viguerie fell on hard times in the late 1980s, Moon had a corporation run by a chief lieutenant, Bo Hi Pak, buy one of Viguerie’s properties for $10 million. [See Orange County Register, Dec. 21, 1987; Washington Post, Oct. 15, 1989]
Moon also used the Washington Times and its affiliated publications to create seemingly legitimate conduits to funnel money to individuals and companies. In another example of Moon’s largesse, the Washington Times hired Viguerie to conduct a pricy direct-mail subscription drive, boosting his profit margin.
Another case of saving a right-wing icon occurred when the Rev. Jerry Falwell was facing financial ruin over the debts piling up at Liberty University.
But the fundamentalist Christian school in Lynchburg, Va., got a last-minute bail-out in the mid-1990s ostensibly from two Virginia businessmen, Dan Reber and Jimmy Thomas, who used their non-profit Christian Heritage Foundation to snap up a large chunk of Liberty’s debt for $2.5 million, a fraction of its face value.
Falwell rejoiced and called the moment “the greatest single day of financial advantage” in the school’s history, even though it was accomplished at the disadvantage of many small true-believing investors who had bought the church construction bonds through a Texas company.
Jerry Falwell’s secret benefactor behind the debt purchase was Sun Myung Moon, who was kept in the background partly because of his controversial Biblical interpretations that hold Jesus to have been a failure....
But Falwell’s secret benefactor behind the debt purchase was Sun Myung Moon, who was kept in the background partly because of his controversial Biblical interpretations that hold Jesus to have been a failure and because of Moon’s alleged brainwashing of thousands of young Americans, often shattering their bonds with their biological families.
Moon had used his tax-exempt Women’s Federation for World Peace to funnel $3.5 million to the Reber-Thomas Christian Heritage Foundation, the non-profit that purchased the school’s debt. I stumbled onto this Moon-Falwell connection by examining the Internal Revenue Service filings of Moon’s front groups.
The Women Federation’s vice president Susan Fefferman confirmed that the $3.5 million grant had gone to “Mr. Falwell’s people” for the benefit of Liberty University. The indirect funneling of money to Falwell’s school paralleled the technique used a decade later to donate funds to George H.W. Bush’s presidential library. [/b]
http://baltimorechronicle.com/2006/061406Parry.shtml
The Moon-Bush Cash Conduit
By Robert Parry
Buying Influence
But Moon’s influence-buying operation was only just beginning.
He launched the Washington Times in 1982 and its staunch support for Reagan-Bush political interests quickly made it a favorite of Reagan, Bush and other influential Republicans. Moon also made sure that his steady flow of cash found its way into the pockets of key conservative operatives, especially when they were most in need, when they were facing financial crises.
For instance, when the New Right’s direct-mail whiz Richard Viguerie fell on hard times in the late 1980s, Moon had a corporation run by a chief lieutenant, Bo Hi Pak, buy one of Viguerie’s properties for $10 million. [See Orange County Register, Dec. 21, 1987; Washington Post, Oct. 15, 1989]
Moon also used the Washington Times and its affiliated publications to create seemingly legitimate conduits to funnel money to individuals and companies. In another example of Moon’s largesse, the Washington Times hired Viguerie to conduct a pricy direct-mail subscription drive, boosting his profit margin.
Another case of saving a right-wing icon occurred when the Rev. Jerry Falwell was facing financial ruin over the debts piling up at Liberty University.
But the fundamentalist Christian school in Lynchburg, Va., got a last-minute bail-out in the mid-1990s ostensibly from two Virginia businessmen, Dan Reber and Jimmy Thomas, who used their non-profit Christian Heritage Foundation to snap up a large chunk of Liberty’s debt for $2.5 million, a fraction of its face value.
Falwell rejoiced and called the moment “the greatest single day of financial advantage” in the school’s history, even though it was accomplished at the disadvantage of many small true-believing investors who had bought the church construction bonds through a Texas company.
Jerry Falwell’s secret benefactor behind the debt purchase was Sun Myung Moon, who was kept in the background partly because of his controversial Biblical interpretations that hold Jesus to have been a failure....
But Falwell’s secret benefactor behind the debt purchase was Sun Myung Moon, who was kept in the background partly because of his controversial Biblical interpretations that hold Jesus to have been a failure and because of Moon’s alleged brainwashing of thousands of young Americans, often shattering their bonds with their biological families.
Moon had used his tax-exempt Women’s Federation for World Peace to funnel $3.5 million to the Reber-Thomas Christian Heritage Foundation, the non-profit that purchased the school’s debt. I stumbled onto this Moon-Falwell connection by examining the Internal Revenue Service filings of Moon’s front groups.
The Women Federation’s vice president Susan Fefferman confirmed that the $3.5 million grant had gone to “Mr. Falwell’s people” for the benefit of Liberty University. The indirect funneling of money to Falwell’s school paralleled the technique used a decade later to donate funds to George H.W. Bush’s presidential library. [/b]
Isaiah 33:1
Woe to you, O destroyer, you who have not been destroyed!
Woe to you, O traitor, you who have not been betrayed!
Woe to you, O destroyer, you who have not been destroyed!
Woe to you, O traitor, you who have not been betrayed!
- By olldflame