Changes

Seth Ward, Webbster Hubbell's father-in-law and owner of Park-On-Meter (POM), an Arkansas manufacturer of parking meters, recieved the first loan from ADFA for $2.85 million. The money was intended to expand Ward's parking meter manufacturing into gun manufacturing for the [[CIA]] for use in [[Central America]] with untraceable serial numbers; however, the CIA did not make this request - someone in Gov. Clinton's Arkansas political machine blabbed openly about the covert supply chain operating out of Mena, Arkansas with Gov. Clinton's consent to aid the [[Nicaragua]]n [[Contras]] and their need for untraceable weapons due to the [[Boland Amendment]].

Seth Ward, Webbster Hubbell's father-in-law and owner of Park-On-Meter (POM), an Arkansas manufacturer of parking meters, recieved the first loan from ADFA for $2.85 million. The money was intended to expand Ward's parking meter manufacturing into gun manufacturing for the [[CIA]] for use in [[Central America]] with untraceable serial numbers; however, the CIA did not make this request - someone in Gov. Clinton's Arkansas political machine blabbed openly about the covert supply chain operating out of Mena, Arkansas with Gov. Clinton's consent to aid the [[Nicaragua]]n [[Contras]] and their need for untraceable weapons due to the [[Boland Amendment]].

The ADFA primarily served two masters: the Stephens, Inc., investment bank that received 78 percent of ADFA's underwriting fees and sales of housing and industrial bonds (Clinton had appointed two Stephens associates to the ADFA board) (10); and Clinton crony [[Dan Lasater]], whose municipal bond issues firm underwrote $664 million in Arkansas state bonds in just two yeaes.<ref>Davis, L. J., "The Name of the Rose," The New Republic, April 4, 1994. </ref> In just two years Lasater & Co. underwote $664 million in Arkansas bonds.

The ADFA primarily served two masters: the Stephens, Inc., investment bank that received 78 percent of ADFA's underwriting fees and sales of housing and industrial bonds (Clinton had appointed two Stephens associates to the ADFA board) (10); and Clinton crony [[Dan Lasater]], whose municipal bond issues firm underwrote $664 million in Arkansas state bonds in just two yeaes.<ref>Davis, L. J., "The Name of the Rose," The New Republic, April 4, 1994. </ref>

ADFA was intended to be an elaborate [[money laundering]] scheme for drugs brought into the [[United States]] which had been traded for weapons to aid the Nicaraguan Contras in round trips from Mena, Arkansas to Central America. The Contras were fighting the [[Soviet]] and [[Cuba]]n backed [[Sandinistas]] during the war in [[El Salvador]]. The [[White House]] had specifically been denied funding requests by Congress to overthrow the [[Nicaragua]]n [[communist]] regime which had been fomenting violent [[revolution]] outside its borders.

ADFA was intended to be an elaborate [[money laundering]] scheme for drugs brought into the [[United States]] which had been traded for weapons to aid the Nicaraguan Contras in round trips from Mena, Arkansas to Central America. The Contras were fighting the [[Soviet]] and [[Cuba]]n backed [[Sandinistas]] during the war in [[El Salvador]]. The [[White House]] had specifically been denied funding requests by Congress to overthrow the [[Nicaragua]]n [[communist]] regime which had been fomenting violent [[revolution]] outside its borders.