Bushwhackers@Bushwhackers.com

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ISSUE #5

The most sought after agendas by a campaign contributor are IRS and SEC discretionary compliance. Craig Unger in the House of Bush, House of Saud says: “Mexican law required that all oil drilling contracts be controlled by Mexican citizens. But according to Barron’s in 1960 Bush and Zapata Off-Shore teamed up with a prominent Mexican businessman, Jorge Diaz Serrano, a long time friend of Mexican President Lopez Portillo, to circumvent the law. Diaz Serrano later served five years in jail for defrauding the Mexican government … After Bush became vice president in 1981, the Securities and Exchange Commission destroyed SEC filings for Zapata for 1960 to 1966, the years during which Bush was involved with Zapata … according to SEC officer Susan McHugh, ‘The records were inadvertently placed in a session file to be destroyed. It does occasionally happen.’ ” (House of Bush, House of Saud / Scribner / 2004) Bush White House public documents were also shredded before they entered the Bush Library confines in College Station Texas. It is a popular joke that the most efficient machine in Washington is the shredder of intimidating documents.

During the Bush Sr Vice Presidency I asked my Mother-in-law Camilla Blaffer (Director of Texas Commerce Bank) if she could use some of her influence with the Bush family to right the wrongs done by the Saud family and their Washington retainers to the Vietnam Veterans tortured in Saudi Arabia. She emphatically said no. She further said that if everybody got what they deserved in life the world would be much different. She asked why I would want to assist such insignificant people. My wife’s Mother did have the desire to assist her daughter though by obtaining the IRS and SEC compliance control over the British American Petroleum Company where her daughter was president. At this very time the Wall Street Journal reported: “Texas Commerce Bankshares Inc. disclosed that the Securities Exchange Commission is investigating previously reported allegations of ‘window dressing’ and inadequate loan-loss reserves. … Recent disclosures of problem loans to directors, along with a crackdown by the comptroller’s office on loan-review procedures … have tarnished Texas Commerce … Houston bank last year agreed to stop certain internal fund transfers that allegedly gave the appearance of improved quarterly financial reports.” (WSJ // 6/26/85)

EXHIBIT E
This is the business card of my wife while president of British American Petroleum.



EXHIBIT F
This insurance card is that for the Rolls Royce company car my wife allotted herself.



EXHIBIT G
The SEC started an investigation of British American Petroleum but failed to mention my wife as a conspirator in the indictments. My wife’s family negotiated a deal with the Bush family.




EXHIBIT H
My wife was told that she may have to take all of her assets out of the country just in the event the media started an initial investigation. She started to do this with the assistance of the infamous Texas Commerce Bank where her Mother was a board member.

September 14, 1988

Mrs. Camilla Blaffer Mallard
681 Wapping Road
Portsmouth, Rhode Island 02840

Dear Camilla:

I have had the opportunity to review the file on British American Petroleum, subsequent to the recent agreement and loan closing. When we had our first meeting on August 9, 1986, with the executive team from B.A.P. at your house, the situation was clearly laid out:

1. They wanted a $1,000,000 equity investment from you.

2. They suggested you would be subject to legal actions by:
a. Investors in past programs.
b. Stockholders of B.A.P.
c. An I.R.S. investigation.
d. Criminal prosecution by the S.E.C.

3. They suggested that B.A.P. would go out of business and leave you to pay Texas Commerce Bank the $500,000 outstanding obligation.

4. They gave you “a week or two” to make your decision and invest the cash.

5. There was an implied threat of ruinous publicity.

I have enclosed an invoice for professional service through this date.

Very Truly Yours,

Attorney’s signature

EXHIBIT I

A British American Petroleum employee met with an attorney who I had found to represent my wife. The above letter to my wife from the attorney speaks for itself.

Intimidated editors of various media did not investigate the alleged SEC and IRS criminal matters so the scheme moved onto phase two with the C5 IRS political appointees forcing the IRS GS employees to accept the British American Petroleum investors’ investment losses. The Ways and Means investigations into the corruption among certain IRS regional offices alluded to the similar allowances of unsubstantiated taxpayer claims, especially in Houston. It was no accident that the Houston office of the IRS had been politicized during the George Bush Sr CIA directorship, Vice Presidency and Presidency. Reliable sources have maintained the Houston office of the IRS continues to be politicized under President George Bush Jr.

Herb Mallard, Publisher
National Press Club member

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