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Octafish

(55,745 posts)
68. Walmart is closely tied to Ms. Clinton.
Fri Apr 17, 2015, 12:08 PM
Apr 2015
ND93: Where are you Al?

Our "Earth in the Balance" Vice President is unable--or unwilling--to stop even as dangerous a project as the Ohio incinerator.

—By L.J. Davis
MotherJones | November/December 1993 Issue

EXCERPT...

There has always been something incongruous about Stephens Inc. Despite the Little rock firm's attempts to portray itself as a small- city operation that closes for the duck season and got fabulously lucky on a couple of down-home deals like Wal-Mart, it was, at the incinerator's inception, the ninth-largest investment bank in the country. Since it is not headquartered in New York, its dealings are local news, little noticed by the national press, even when they have national implications. And, as a source close to the company once remarked, "The farther you get from Arkansas, the better it looks."

Stephens Inc. was founded by Witt Stephens, a state legislator's son who parlayed a Depression-era belt-buckle, Bible, and municipal-bond business into an immense personal fortune. After his retirement in 1973, the company was run by his shy younger brother, Jackson (a classmate of Jimmy Carter's at the Naval Academy). Witt Stephens and Stephens Inc. did much to create the economic paradox that is modern Arkansas: a desperately poor state with a scant 2.3 million inhabitants that is nonetheless home to a number of wealthy companies. Without the financial assistance of the Stephens brothers, Sam Walton might have ended his days as the most innovative merchant in Bentonville. Stephens money was also important to the fortunes of enterprises as various as Tyson Foods and Linda Bloodworth-Thomason, the television producer and reigning First Friend. Stephens Inc. is an important client of the Rose law firm, whose chairman, C. Joseph Giroir, made Hillary Rodham Clinton a partner. And back in 1977, Stephens assisted BCCI's infiltration of the American banking system by brokering the latter's purchase of National Bank of Georgia stock held by Bert Lance, former President Jimmy Carter's friend and disgraced budget director.

Jackson Stephens (who turned over the reins to his son, Warren, in the late eighties) and his firm were both substantial contributors to the campaigns of Presidents Reagan and Bush (to the tune of at least $100,000 in 1980 and 1989), but they have been closer still to Bill Clinton (whom Witt Stephens had been known to call "that boy&quot .

On two occasions, once when Clinton was running for reelection in Arkansas in 1990 and again in March 1992, when his battered presidential campaign was broke, the Stephens family saved Clinton's bacon with an infusion of money. Indeed, it may not be too much to say that their Worthen Bank's emergency $3.5 million line of credit saved the presidential campaign from extinction. --L.J.D.

-snip

http://www.motherjones.com/news/feature/1993/11/davis.html

PS: As its a progressive, liberal, democratic company, I think the world of Costco.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Martin O'Malley 2016-- The right kind of hawk. [View all] Admiral Loinpresser Apr 2015 OP
K & R. n/t FSogol Apr 2015 #1
and supports Free Trade! VanillaRhapsody Apr 2015 #2
He doesn't support the TPP. What is HRC's position on it? cali Apr 2015 #3
How do YOU know he doesn't? VanillaRhapsody Apr 2015 #4
My guess is she reads. /nt RiverLover Apr 2015 #6
Because he couldn't be clearer cali Apr 2015 #7
and I just posted what he also said... VanillaRhapsody Apr 2015 #8
bwahahahaa. Where did I say or hint that he's my messiah? cali Apr 2015 #14
Because YOUR side keeps looking for a saviour to protect you from that Hillary Clinton boogie man! VanillaRhapsody Apr 2015 #27
are there sides already? No dynasties snooper2 Apr 2015 #29
There are no dynastys in Democracy silly rabbit... VanillaRhapsody Apr 2015 #34
sure there are, silly bunny. cali Apr 2015 #54
No their arent....we have elections... VanillaRhapsody Apr 2015 #84
first of all, I'm an individual not a "side". No side represents me. I do just fine cali Apr 2015 #33
How many now? VanillaRhapsody Apr 2015 #35
how many what, 'Nilla? cali Apr 2015 #46
How many Crush's Du Jour? VanillaRhapsody Apr 2015 #85
Yup. Agschmid Apr 2015 #43
Stop with the "your side"... Agschmid Apr 2015 #42
No some of us are NOT!!! VanillaRhapsody Apr 2015 #86
Yes we are... Agschmid Apr 2015 #87
When Hillary says something good treestar Apr 2015 #30
Hey, I'm perfectly willing to consider that O'Malley is pandering. cali Apr 2015 #37
There you go inserting FACTS again Kelvin Mace Apr 2015 #9
I'm waiting to be absorbed by the Borg, Kelvin. cali Apr 2015 #10
I'm always impressed when people ask for facts to back up a statement, and then when presented with Chathamization Apr 2015 #19
+1. cali Apr 2015 #21
Moving goal posts... Agschmid Apr 2015 #44
And it doesn't matter how ironclad your facts are Kelvin Mace Apr 2015 #47
"O’Malley speaks out against trade deal, supports $15 minimum wage" RiverLover Apr 2015 #5
Incorrect. He is against TPP. Admiral Loinpresser Apr 2015 #11
but he is FOR Free Trade... VanillaRhapsody Apr 2015 #12
Everyone is for free trade- including Bernie. cali Apr 2015 #15
If everyone is...why are you asking HRC? VanillaRhapsody Apr 2015 #26
TPP Agschmid Apr 2015 #45
I'm asking about a specific looming deal- the TPP cali Apr 2015 #48
There are traditional criteria and then there are anthropocene criteria! Admiral Loinpresser Apr 2015 #24
and THAT is what I said....he will have warts too... VanillaRhapsody Apr 2015 #28
Would you do me a kindness? Admiral Loinpresser Apr 2015 #38
picking the right leader treestar Apr 2015 #31
As a matter of scientific fact you are wrong. Admiral Loinpresser Apr 2015 #49
The more I see from him Lee-Lee Apr 2015 #13
good article and good to know. It's not exactly something that most cali Apr 2015 #16
O'Malley may shock the world. Octafish Apr 2015 #17
well at least we'll have primary debates cali Apr 2015 #18
That'd be great. Octafish Apr 2015 #20
Thats hilarious 7962 Apr 2015 #40
Needs more to comparo... Octafish Apr 2015 #53
Costco Koinos Apr 2015 #65
Walmart is closely tied to Ms. Clinton. Octafish Apr 2015 #68
and so might Hillary Clinton.... VanillaRhapsody Apr 2015 #36
Yes. Why do you ask? Octafish Apr 2015 #39
I don't I was being facetious... VanillaRhapsody Apr 2015 #75
in what way? It would be a huge shock if O'Malley mounted a competitive campaign cali Apr 2015 #41
shock to who? VanillaRhapsody Apr 2015 #73
The only way Hillary will shock the world is if she LOSES. 7962 Apr 2015 #56
It will certainly shock some on DU VanillaRhapsody Apr 2015 #74
If there's one HRC supporter on DU who has no right at all to demand respect cali Apr 2015 #76
Oh I don't? VanillaRhapsody Apr 2015 #78
Says I, cali Apr 2015 #79
Cali, you're something else! Always enjoy your posts on a variety of topics 7962 Apr 2015 #81
and who the heck are YOU to decide? VanillaRhapsody Apr 2015 #83
Listen How O'Malley Takes Bob McDonnell Apart on Meet the Press in 2012 eringer Apr 2015 #22
He has a very uphill fight. cali Apr 2015 #23
that's what they said about Obama :) snooper2 Apr 2015 #32
Also Bill Clinton and Jimmy Carter were longshots. Admiral Loinpresser Apr 2015 #50
O'Malley is an uphill fighter. Koinos Apr 2015 #52
Welcome to DU! Admiral Loinpresser Apr 2015 #59
How is that bio suppose to impress me? I just want to know where he stands on liberal_at_heart Apr 2015 #51
Here's some info: He supports protecting and expanding SS cali Apr 2015 #55
Some positions he stated last night. Koinos Apr 2015 #61
I am glad to hear he wants to expand SS and a $15/hr minimum wage tied to cost of living. liberal_at_heart Apr 2015 #62
Thanks. Andy823 Apr 2015 #25
How refreshing. A post actually presenting a potential Democratic candidates view, instead of still_one Apr 2015 #57
I like this too Omaha Steve Apr 2015 #58
He was my Governor and I don't have anything bad to say justiceischeap Apr 2015 #60
When was the last time MD went red in the presidential? n/t Admiral Loinpresser Apr 2015 #63
84 & 88 nt. justiceischeap Apr 2015 #66
Brown Koinos Apr 2015 #64
Newspaper Accounts of O'Malley's Talk at Harvard Koinos Apr 2015 #67
Sanders is still my favorite, but I am liking what I am hearing from O'Malley. liberal_at_heart Apr 2015 #69
Agreed Koinos Apr 2015 #72
Replay of O'Malley's Talk at Harvard Koinos Apr 2015 #70
THANKS, Admiral! elleng Apr 2015 #71
He is openly and unapologetically opposed to the TPP. He is also FOR expanding SS, and increasing sabrina 1 Apr 2015 #77
I like what I'm hearing from and about this guy.. frylock Apr 2015 #80
He seems to be a good one. herding cats Apr 2015 #82
I am really starting to warm up tp O'Malley. hifiguy Apr 2015 #88
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