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); 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>

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); 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., ''[https://groups.google.com/forum/m/#!topic/alt.current-events.clinton.whitewater/o3lVsWcB-U8 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.