SEC,Chris Cox:W Bush Cedes Presidential Stock Fraud Ops To DNI John Negroponte.Why ?


Three news items regarding John Negroponte and his Department of Homeland Security or DHS appear to me over shadowed by a fourth news item from April in which a DC-9 that had originally been painted to appear to look like a Homeland Security airplane was busted in CIUDAD DEL CARMEN, CAMPECHE, MEXICO WITH OVER 5.5 TONS OF COCAINE ABOARD !

The recent news headlines relate to W Bush ceding one of his executive 'priviledges',hiding or doctoring SEC filings,to John Negoponte,NDI of Department of Homeland Security ! The other is John Negroponte, friend to third world villains chiming in as a 'friend of the court' to remind us his and NSA spying on us is for our own good,and besides they don't do it.....The better news or third item is that ,'The Senate intelligence committee has approved language in the fiscal 2007 authorization bill that calls on the president to annually make public what the National Intelligence Program costs. '

Perhaps In-Q-Tel the CIA's official penny stock operation can be made to report to the Senate Intelligence Committe if W Bush's hand selected SEC Commissioner Christopher 'WMDS' Cox decides to aid and abet W Bush and John Negroponte's cover up of stock transactions the CIA and Homeland Security folk may be involved with. And to know if this is not perhaps a conflict of interest in light of the government 's snooping into personal banking and investments as I believe is going on at present.

John Negroponte,Homeland Security, SEC,Chris Cox,Makram Chams,Titan Corp,9/11,etc.
by Tony Ryals Tuesday May 16, 2006 at 05:15 PM
endoscam-AT-lycos.com


www.ntimc.org/newswire.php


''SkyWay Aircraft was the only tangible asset of SkyWay Communications Holding, a firm whose existence served as nothing more than a meager excuse to run a penny stock fraud scam, successfully relieving investors of over $40 million dollars in only three years.'' - Daniel Hopsicker , www.madcowprod.com

Senator Bob Bennett, Overstock.com, SEC,Chris Cox,Makram Chams,Titan Corp,9/11,etc.


Makram Chams,although Lebanese,is more connected to the U.S. military - industrial complex as well as to elite Saudis and to Titan Corp whose employees raped and tortured innocent Iraqis than anything.In other words he is a George W Bush kind of guy first and Lebanese last,he just happened to be born in Lebanon. While he owned a convenience store in Venice,Florida and was a friend to Mohamed Atta he disappeared immediately after 9/11 or so we thought.As it turned out he did NOT seek refuge in the enemy states of Afghanistan under the Taliban or in Saddam's Iraq.No.Although of Lebanese birth,he took refuge with W Bush's allies in Saudi Arabia where he was and presumeably is protected and was employed by the U.S. military-industrial corp whore Titan Corp, presumably using his 'good works' in Venice,Florida with Mohamed Atta et.al.,as part of his resume..

As I will try to explain further below after a discussion of Utah Senator Bennett,Christopher Cox and his SEC is that what Makram Chams, Mohamed Atta,et.al., reaped on 9/11,as well as drug running that continues to be associated with the same Venice,Florida airport owned by Jeb Bush's pal Wally Hilliard where Mohamed Atta trained or bided his time waiting for 9/11, could very well have been paid for with the penny stock fraud and corruption that Bennett and Cox allow if not encourage ! Also that John Negroponte's Homeland Security and Christopher Cox 's SEC could have located Mr. Makram Chams at any time through the Homeland Security's corp whore,Titan Corporaton of San Diego. Mr.Cox could have done so through SEC fiings !

- Tony Ryals

From,John Negroponte,Homeland Security, SEC,Chris Cox,Makram Chams,Titan Corp,9/11,etc.

www.ntimc.org/newswire.php

........................................................................................................

SEC,Chris Cox:W Bush Cedes Presidential Stock Fraud Ops To DNI John Negroponte.Why ? :

President George W. Bush has bestowed on his intelligence czar, John Negroponte, broad authority, in the name of national security, to excuse publicly traded companies from their usual accounting and securities-disclosure obligations. Notice of the development came in a brief entry in the Federal Register, dated May 5, 2006, that was opaque to the untrained eye.

Unbeknownst to almost all of Washington and the financial world, Bush and every other President since Jimmy Carter have had the authority to exempt companies working on certain top-secret defense projects from portions of the 1934 Securities Exchange Act. Administration officials told BusinessWeek that they believe this is the first time a President has ever delegated the authority to someone outside the Oval Office. It couldn't be immediately determined whether any company has received a waiver under this provision.

- Dawn Kopecki , BusinessWeek



Bush Cedes Presidential duty to DNI John Negroponte
by Tony Ryals Sunday May 28, 2006 at 06:39 PM
endoscam-AT-lycos.com

And this same Director of Homeland Security and our 'DNI' or Director of National Intelligence John Negroponte who looked the other way at best during the cocaine for arms days when he was ambassador to Honduras and should have known about those two DC-9's,one busted in Ciudad Del Carmen, Campeche,Mexico in April with over 5.5 tons of cocaine aboard, were painted to look just like his Homeland Security planes.Why ?

Mexican Cocaine Bust tied to John Negroponte's Dept.Homeland Security,9/11,Jeb Bush

colorado.indymedia.org/newswire/display/13142/index.php

And W Bush gives him yet more power ! To cover up stock fraud in the name 'national security' , unfortunately also an ideal way to launder money including in the Middle East where the SEC appears to be encourging such activitiesor from drug trafficking as those Republican Party and CIA connnected DC-9's painted to appear as official Homeland Security planes appear to have been used for ! Negroponte also speaks as 'friend of the court' to defend his and W Bush et.al.'s spying on the public,both phone and the lesser discussed but equally important internet spying. No doubt he speaks equally for General Hayden his new CIA director of both the KGB-like Office of Homeland Security bureaucracy and the formerly the NSA itself in claiming that their spying on Americans through telephones, over the internet or anywhere else is for our own good to protect us from 'terrorism' as usual. :

'' In asking federal judges in Detroit and New York to throw out challenges to the eavesdropping, the Bush administration invoked a doctrine known as the "state secrets privilege" it has used to head off other court action on its spy programme.

''The claim was accompanied by an affidavit by Director of National Intelligence John Negroponte, who said disclosure of any information about the NSA's "Terrorist Surveillance Programme" would "cause exceptionally grave damage to the national security of the United States."

''Negroponte used the same language earlier this month in an effort to quash a lawsuit over government eavesdropping filed in federal court in San Francisco by the Electronic Frontier Foundation, a privacy rights group. ''

- Reuters

Negroponte Had Denied Domestic Call Monitoring
Administration Won't Comment on NSA Logs

www.washingtonpost.com/wp-dyn/content/article/2006/05/14/AR2006051400762.html

By Dan Eggen
Washington Post Staff Writer
Monday, May 15, 2006; Page A03

When he was asked about the National Security Agency's controversial domestic surveillance program last Monday, U.S. intelligence chief John D. Negroponte objected to the question and said the government was "absolutely not" monitoring domestic calls without warrants.

"I wouldn't call it domestic spying," he told reporters. "This is about international terrorism and telephone calls between people thought to be working for international terrorism and people here in the United States."

Three days later, USA Today divulged details of the NSA's effort to log a majority of the telephone calls made within the United States since the Sept. 11, 2001, attacks -- amassing the domestic call records of tens of millions of U.S. households and businesses in an attempt to sift them for clues about terrorist threats.



Intelligence Czar(Negroponte Can Waive SEC Rules ! ?
By his highness john negroponte on 5/26/2006 7:48:15 PM
E-mail: endoscam-AT-lycos.com

And now John Negroponte is given permission by W Bush to cover up stock fraud and waive SEC regulations at his whim.Daniel Hopsicker on www.madcowprod.com speculates that Porter Goss may have resigned due to that Skyway Communications DC-9 busted in Mexico last month with over 5 tons of cocaine on board.And that
plane was bought with a penny stock scam promoted by Titan Corp and false promises of funds from Titan Corp or Dept. of Homeland Security funds which is where Titan often gets its money !

Did you see this article,
'Intelligence Director Can Ignore SEC Rules' ? Don't exactly make for a level playing field for 'regular investors' does it ? And note Porter Goss is refered to as a possible reason.


Intelligence Czar,(Negroponte), Can Waive SEC Rules ! ?

news.yahoo.com/s/bw/20060524/bs_bw/nf200605232210

Also another of my conspiracy or incompetence theory indymedia posts below.Or maybe it's a theory about evil and corruption.I only found the article above about Negropponte's special SEC powers on a search for 'john negroponte' news.I'm amazed more business journals and journalists aren't all over this fact of Bush delegating SEC cover up powers to Negroponte and asking SEC Chairman Cox what his take on all this is ! :

Mexico Cocaine Bust tied to John Negroponte's Dept.Homeland Security

www.ntimc.org/newswire.php


DNI or ,' Director of National Intelligence',Negroponte
ceded Presidential duties By Bush,Chris Cox

US wants wiretapping suit dropped

May 28, 2006

The US government has asked a pair of federal judges to dismiss legal challenges to the Bush administration's controversial domestic eavesdropping programme, arguing any court action in the cases would jeopardize secrets in the ongoing war on terrorism.

Rights activists, who argue the National Security Agency's wiretapping violates the rights of US citizens, said the Bush administration's position threatened constitutional checks on the power of the presidency.

"The Bush administration is trying to crush a very strong case against domestic spying without any evidence or argument," said Shayana Kadidal, an attorney with the New York-based Center for Constitutional Rights, which brought one of the parallel lawsuits against the NSA programme in January.

"I think it's a clear choice: can the president tell the courts which cases they can rule on? If so, the courts will never be able to hold the president accountable for breaking the law," he said.

Filed just before a midnight Saturday deadline and only partly made public, the arguments by the Justice Department marked the latest skirmish in a battle over an NSA program to listen in on international communications involving Americans.

President George Bush said in December he had authorized the eavesdropping without a court order shortly after the September 11 attacks in order to track suspected communication from al-Qaeda operatives. US officials have since declined to provide details on how widely the NSA wiretaps have been used or what communications have been intercepted.

In asking federal judges in Detroit and New York to throw out challenges to the eavesdropping, the Bush administration invoked a doctrine known as the "state secrets privilege" it has used to head off other court action on its spy programmes.

The claim was accompanied by an affidavit by Director of National Intelligence John Negroponte, who said disclosure of any information about the NSA's "Terrorist Surveillance Programme" would "cause exceptionally grave damage to the national security of the United States."

Negroponte used the same language earlier this month in an effort to quash a lawsuit over government eavesdropping filed in federal court in San Francisco by the Electronic Frontier Foundation, a privacy rights group.

'Chilling effect'

The administration said the case before Judge Gerard Lynch in New York could not proceed without "revealing to the very adversaries we are trying to defeat what we know about them and how we are proceeding to stop them."

Government lawyers made the same argument in an attempt to scuttle the parallel lawsuit brought by the American Civil Liberties Union being heard in Detroit.

"The government believes that state secrets gives it the power to shut down litigation," said Jameel Jaffer, a lawyer involved in the ACLU lawsuit.

The civil rights activists behind the two cases argue the eavesdropping violates the privacy and free speech rights of US citizens and have asked the courts to order it shut down.

Both suits contend US officials have already disclosed enough for judges to rule that the recent wiretapping skirted the requirements of a 1978 surveillance law.

Both lawsuits also argue the NSA program threatens the ability of defense lawyers in terrorism-related cases to speak freely with their clients, a so-called chilling effect.

"Plaintiffs cannot credibly claim that they face any added marginal chill of surveillance ... when their clients facing terrorism-related investigations or charges may be subject to surveillance pursuant to other means," the government said.

A fuller, classified version of the government's argument for dismissal is being held in a secure location in Washington awaiting review by the courts, the Justice Department said.

The ACLU suit is being heard by Detroit Judge Anna Diggs Taylor, who has scheduled the first hearing for June.

Source: Reuters

........................................................................................................
Below from Dawn Kopecki of BusinessWeek

MAY 23, 2006

www.businessweek.com/bwdaily/dnflash/may2006/nf20060523_2210.htm


NEWS
By Dawn Kopecki

Intelligence Czar Can Waive SEC Rules
Now, the White House's top spymaster can cite national security to exempt businesses from reporting requirements

President George W. Bush has bestowed on his intelligence czar, John Negroponte, broad authority, in the name of national security, to excuse publicly traded companies from their usual accounting and securities-disclosure obligations. Notice of the development came in a brief entry in the Federal Register, dated May 5, 2006, that was opaque to the untrained eye.

Unbeknownst to almost all of Washington and the financial world, Bush and every other President since Jimmy Carter have had the authority to exempt companies working on certain top-secret defense projects from portions of the 1934 Securities Exchange Act. Administration officials told BusinessWeek that they believe this is the first time a President has ever delegated the authority to someone outside the Oval Office. It couldn't be immediately determined whether any company has received a waiver under this provision.

The timing of Bush's move is intriguing. On the same day the President signed the memo, Porter Goss resigned as director of the Central Intelligence Agency amid criticism of ineffectiveness and poor morale at the agency. Only six days later, on May 11, USA Today reported that the National Security Agency had obtained millions of calling records of ordinary citizens provided by three major U.S. phone companies. Negroponte oversees both the CIA and NSA in his role as the administration's top intelligence official. .........

In addition to refusing to explain why Bush decided to delegate this authority to Negroponte, the White House declined to say whether Bush or any other President has ever exercised the authority and allowed a company to avoid standard securities disclosure and accounting requirements. The White House wouldn't comment on whether Negroponte has granted such a waiver, and BusinessWeek so far hasn't identified any companies affected by the provision. Negroponte's office did not respond to requests for comment.

Securities-law experts said they were unfamiliar with the May 5 memo and the underlying Presidential authority at issue. John C. Coffee, a securities-law professor at Columbia University, speculated that defense contractors might want to use such an exemption to mask secret assignments for the Pentagon or CIA. "What you might hide is investments: You've spent umpteen million dollars that comes out of your working capital to build a plant in Iraq," which the government wants to keep secret. "That's the kind of scenario that would be plausible," Coffee said.

AUTHORITY GRANTED. William McLucas, the Securities & Exchange Commission's former enforcement chief, suggested that the ability to conceal financial information in the name of national security could lead some companies "to play fast and loose with their numbers." McLucas, a partner at the law firm Wilmer Cutler Pickering Hale & Dorr in Washington, added: "It could be that you have a bunch of books and records out there that no one knows about."

The memo Bush signed on May 5, which was published seven days later in the Federal Register, had the unrevealing title "Assignment of Function Relating to Granting of Authority for Issuance of Certain Directives: Memorandum for the Director of National Intelligence." In the document, Bush addressed Negroponte, saying: "I hereby assign to you the function of the President under section 13(b)(3)(A) of the Securities Exchange Act of 1934, as amended."

A trip to the statute books showed that the amended version of the 1934 act states that "with respect to matters concerning the national security of the United States," the President or the head of an Executive Branch agency may exempt companies from certain critical legal obligations. These obligations include keeping accurate "books, records, and accounts" and maintaining "a system of internal accounting controls sufficient" to ensure the propriety of financial transactions and the preparation of financial statements in compliance with "generally accepted accounting principles."

add your comments


blue-and-white-with-gold-trim of official U.S. aircraft
by Tony Ryals Monday May 29, 2006 at 10:37 AM
endoscam-AT-lycos.com

www.madcowprod.com/05022006.html

The busted DC9, dubbed "Cocaine One" in an earlier story, had an identical twin, a second airliner painted with the same distinctive blue-and-white-with-gold-trim of official U.S. aircraft, the MadCowMorningNews can reveal exclusively, and under the control of the same company. Or Company.

www.madcowprod.com/04182006.html

One of the two owners of the DC9 (tail number N900SA) busted at an airport in Ciudad del Carmen in the state of Campeche, Mexico last week freighted 5.5 tons of cocaine had been appointed in 2003 to the Business Advisory Council of the National Republican Congressional Committee by then-Congressional Majority Leader Tom Delay, The MadCowMorningNews can exclusively report.

The plane's registered owner, “Royal Sons LLC,” a Florida air charter company, was at one time housed in a hanger at the Venice Fl. Airport owned by infamous flight school Huffman Aviation.

Also of major significance is the fact that photos of the DC9, seized last Monday in Ciudad del Carmen, reveal that the plane is painted with the distinctive blue and white color color scheme of official U.S. Government planes.

Moreover, to reinforce the effect, or subterfuge, the plane carries an official-looking Seal painted on its side, which reads: SKY WAY AIRCRAFT, PROTECTION OF AMERICA'S SKIES, around an image of a federal eagle clutching the familiar olive branch in its talons. Many have been fooled into concluding that the plane belongs to the U.S. Transportation Security Administration.

This has obvious and highly serious national security implications, which go well beyond the obvious glee involved in playing political "gotcha" with people caught face-down with their noses buried, Tony Montana-style, in over five tons of cocaine.



Makram Chams Titan connected through SEC filings
by Tony Ryals Monday May 29, 2006 at 11:42 AM
endoscam-AT-lycos.com

Senator Bob Bennett, Overstock.com, SEC,Chris Cox,Makram Chams,Titan Corp,9/11,etc.


Makram Chams,although Lebanese,is more connected to the U.S. military - industrial complex as well as to elite Saudis and to Titan Corp whose employees raped and tortured innocent Iraqis than anything.In other words he is a George W Bush kind of guy first and Lebanese last,he just happened to be born in Lebanon. While he owned a convenience store in Venice,Florida and was a friend to Mohamed Atta he disappeared immediately after 9/11 or so we thought.As it turned out he did NOT seek refuge in the enemy states of Afghanistan under the Taliban or in Saddam's Iraq.No.Although of Lebanese birth,he took refuge with W Bush's allies in Saudi Arabia where he was and presumeably is protected and was employed by the U.S. military-industrial corp whore Titan Corp, presumably using his 'good works' in Venice,Florida with Mohamed Atta et.al.,as part of his resume..

As I will try to explain further below after a discussion of Utah Senator Bennett,Christopher Cox and his SEC is that what Makram Chams, Mohamed Atta,et.al., reaped on 9/11,as well as drug running that continues to be associated with the same Venice,Florida airport owned by Jeb Bush's pal Wally Hilliard where Mohamed Atta trained or bided his time waiting for 9/11, could very well have been paid for with the penny stock fraud and corruption that Bennett and Cox allow if not encourage ! Also that John Negroponte's Homeland Security and Christopher Cox 's SEC could have located Mr. Makram Chams at any time through the Homeland Security's corp whore,Titan Corporaton of San Diego. Mr.Cox could have done so through SEC fiings !



Panel requires annual disclosure of intelligence budget
by Tony Ryals Monday May 29, 2006 at 12:00 PM
endoscam-AT-lycos.com

Panel requires annual disclosure of intelligence budget
Committee also would require president to brief more members of Congress about major intelligence matters.
THE WASHINGTON POST

www.knoxnews.com/kns/national/article/0,1406,KNS_350_4732865,00.html

Sunday, May 28, 2006

WASHINGTON — The Senate intelligence committee has approved language in the fiscal 2007 authorization bill that calls on the president to annually make public what the National Intelligence Program costs.

The president would also be required to give notification of significant intelligence matters, such as the National Security Agency surveillance program, to all members of the panel, not just the chairman and vice chairman.

..........................................................................................................

The National Intelligence Program, which covers the strategic intelligence efforts of the 16 agencies in the intelligence community, is under Director of National Intelligence John Negroponte. Its budget is said to make up more than 75 percent of the estimated $44 billion annual spending on intelligence. The other part, the Military Intelligence Program, finances tactical intelligence for the armed forces and is controlled primarily by Defense Secretary Donald Rumsfeld.

The Senate committee also directed Negroponte to study the "advisability" of publicly disclosing the budgets for each agency and to report back six months after the authorization bill is passed.

The measure was approved by the intelligence committee in a closed session Tuesday and sent to the Senate two days later. Sen. Jay Rockefeller, D-W.Va., vice chairman of the panel, disclosed the action late Friday in a news release.

In other action, the committee is requiring that future CIA directors be appointed "from civilian life" and approved language that new CIA Director Gen. Michael Hayden is "not subject to the supervision or control of the secretary of defense."



John Negroponte,Homeland Security,Cocaine and Schwab's Lipsticked pigs
by Tony Ryals Monday May 29, 2006 at 02:26 PM
endoscam-AT-lycos.com



John Negroponte,Homeland Security,Cocaine and Schwab's Lipsticked pigs


''The Seal and paint job made the planes look like they belong to Homeland Security, specifically the TSA (Transportation Security Administration.)
- Daniel Hopsicker , www.madcowprod.com

The Transportation Security Administration is part of DNI,(or Director of National Intelligence),John Negrponte's Office or Department or whatever of Homeland Security and it appears he allows certain people to play fast and loose with his Homeland Security Seals in manner that would really rile up Hillary Clinton if she could see the misuse of these symbols to disguise drug running planes and lend credibility to their trafficking by basically displaying the flag of the United States itself in the very paint job of that DC-9 busted with over 5 tons of coke in Ciudad Del Carmen,Campeche Mexico this April,as ranking at least as evil as burning a U.S. flag at a demonstration against John Negroponte and his Homeland Security apparatus..

One reason America should not forget that plane that John Negroponte and Titan Corporation both aided in flying the friendly skies of the U.S. and South America and also lent them credibility and cover for running coke flights,is that Brent Kovar et.al. and Skyway Communications partner besides Titan Corp,(that has already been shown to have a mysterious Venice, Florida connection by way of its employee and friend of 9/11's infamous Mohamed Atta,Makram Majid Chams,who appears in Titan SEC filings ! Skyway Communications also has a Huffmann Aviation of Venice, Florida ,(where Atta et.al.trained before 9/11) connection by way of Royal Sons co-owner of Brent Kovar et.al. and Skyway Communications DC-9 now in Mexican custody after being busted with more than 5 tons of cocaine on board !

Titan by making fraudulent claims of buying Skyway Communications 'products' for over $1billion,sending Skyway Communications stock up on the speculation allowing insiders to dump !,has aided the estimated
$40 million lost by defrauded shareholders and by hiring 9/11 suspect Makram Majid Chams should be investigated for aiding terrorism that they have greatly profited from themselves !

The Transportation Security Administration is a branch or bureaucracy of the Office or Department of Homeland Security that DNI John Negroponte heads
and those two DC-9's were painted to appear like Transportation Security Administration in full view of
people who would should have contacted Mr.
Negroponte and his office had they felt Homeland Security did not approve.This logic applies to both where they were parked in Florida in front of government eyes who would have known as well as national and internatiional flights that have convinced
anyone this WAS a Homeland Security connected and approved plane of John Negroponte's Homeland Security's ' Transportation Security Administration ' !

Have they put any new lipstick on this pig lately ? Or they trying now to paint it as a Columbian guerilla
plane as one recent Mexico newpaper article hinted ?
They already tried a Ceasar Chavez paint job in April
shortly after the bust,but that didn't seem to stick.

I guess the Charles Schwab 'lipstick on pigs' ad does
apply but not as Mr.Charles Schwab would wish. Schwab doesn't put 'lipstick on pigs'.He just takes the lipsticked pigs to market.But I guess it is still a good analogy from the spinmeister of worthless penny stocks who pretends or lies that he is above it all.

It was actually the CIA and NSA connected SRA International's Mantas anti-money laundering software
that allowed Endovasc and James Dale Davidson to dump up to '30 million shares' ,post 9/11,after Agora Inc. promoted their worthless stock in 2002.This allowed Endovasc to continue its fraud and even sell worthless shares in Kuala Lumpur and Dubai through a boiler room group called Bellador Group.It appears John Negroponte nor his CIA and Homeland Security are that concerned about money laundering in Dubai or Kuala Lumpur through U.S. securities particularly penny stocks,post 9/11,or they could have stopped it.

But Porter Goss be damned even the CIA WAS AND IS
PART OF JOHN NEGROPONTE'S HOMELAND SECURITY. But so too is the Transportation Security Administration that that DC-9 was disguised to look like while running cocaine from South America that was busted with over 5 tons of coke on board in Ciudad DelCarmen,Campeche,Mexico ! What does John Negroponte have to say about that ?

The Schwabian lipstick is clearly on John Negroponte and he wears it well,a little old fashioned but that's alright.Just like those heady days with Ollie North and Barry Seal and the boys huh Mr.Negroponte ? Oh the memoies you must have.

John Negrponte appears to be the lipsticked pig who he mistook Porter Goss for.Oh well.But so far the Busholini Brigade has been better at pulling the wool over the eyes of the sheep.However if the tail number of that DC-9 that both U.S. and Mexican government agree upon and whose history Daniel Hopsicker has traced,don't pin the tail on the donkey what will ? Or maybe John Dean will step forward to identify the vehicle in question that once carried him,on lease,on the democratic presidential campaign trail. Maybe the sheep will look up.

Tony Ryals

............................................................................................................

Mystery of 5.5 Coke Flight Deepens

www.madcowprod.com/05022006.html

A cover story should at least provide a little, you know...cover

The Seal and paint job made the planes look like they belong to Homeland Security, specifically the TSA (Transportation Security Administration.)

The tricked-out airliners were supposedly used to perform in-flight demonstrations of the spiffy new technology of SKYWAY AIRCRAFT and its corporate parent SKYWAY COMMUNICATIONS HOLDING CORP.

That could not, however, have been the true purpose of the planes.

SkyWay said it's patented technology promised to protect airplanes from terrorism, and provide high-speed Internet at 30,000 feet. To the shock and anger of investors who lost 30-40 million dollars, it did nothing of the kind.

Even a cursory inspection of the company and its principals quickly reveals that SkyWay had no products, no prospects, and nothing to demonstrate.

What they did have, though... were a couple of airliners masquerading as official U.S. Government planes.

Imagine the possibilities.

Vancouver stock scams make a sudden appearance in our tale

SkyWay Aircraft wasn't in the business of in-flight entertainment or Homeland Security, we discovered. They were in the business of putting out press releases.

We wondered: were we being too harsh? Had the company s management merely been over-enthusiastic, overly-optimistic, or mis-informed? Not a chance...

Glenn and Brent Kovar, a father-and-son pair of scamsters and penny stock fraud specialists, "ran" (we used the word advisedly) SkyWay. They had run the same scam several years earlier with similarly gratifying (for them) results.

The firm was called Satellite Access Systems, (SAS) which, as best we can figure, ended up being worth about three one-thousands of a penny per share.

The Vancouver Sun linked them to a Vancouver stock promoter who was kicked off the Vancouver Stock Exchange, Rene Hamouth, and a U.S. promoter described by Forbes magazine as a "persuasive scoundrel" found guilty of "awarding himself millions in excessive compensation, siphoning off company funds to cover personal expenses, and diverting company assets."

But, as they say in TV-land: Here's the beauty part...Chairman Glenn Kovar liked to boast about his long-standing ties to the CIA.

We took the Seal off. Forget about the Seal.
Frederic Geffon from Royal Sons LLC, the Florida air charter company which the FAA listed as the last registered American owner of "Cocaine One," was happy to talk about Brent and Glenn Kovar's most recent (last year) bankruptcy.

"Their company is a scam and he s a scammer. I got sold a bill of goods about his stock. Everybody out here at the (Clearwater-St. Pete International) airport invested with him, and we all lost it all."

In an exclusive interview, Geffon was quick to point out that the DC9 was no longer his concern when it left the general aviation terminal at Clearwater-St. Pete on April 5th heading for Caracas and its ignominious rendezvous with destiny.

Moreover, he told us, the phony Homeland Security Seal was no longer on it, a statement confirmed by photos of the plane taken in Mexico after its interdiction (see photo above.)

- Daniel Hopsicker
........................................................................................................

SEC,Schwab,Chris Cox,Hillary Clinton & Barbara Boxer Aid CIA'S In-Q-Tel penny stock fraud

www.indybay.org/news/2006/05/1824660.php

Chris Cox,SEC,Makram Majid Chams,Titan Corp,9/11,Abhu Ghraib,etc.

www.maineindymedia.org/newswire/display/3952/index.php

SEC Covers Up UAE Money Laundering with U.S. Stocks

www.ucimc.org/newswire/display/112399/index.php

John Reed Stark UAE,SEC,Georgetown University Stock fraud Academic fraud Cyber fraud

www.maritimes.indymedia.org/news/2006/03/12190.php

Does NSA Serve SRA International's 'Cookies' ?

www.india.indymedia.org/en/2005/12/211284.shtml

Porter Goss: CIA Cyber and stock fraud ops damaged by leaks ?

www.news.com.com/5208-1028-0.html;

D.C.Terrorbaggers:James Dale Davidson,Don Nickles, ex-CIA Chief Woolsey,Asa Hutchinson,Tom McMillen

www.okimc.org/newswire.php

Asa Hutchinson,ex Congressman Tom McMillen, Fortress America,offshore money laundering

www.cleveland.indymedia.org/news/2006/03/19034.php

To CIA,In-Q-Tel,Amit Yoran re SRA International, Mantas Inc stock fraud money laundering

www.maritimes.indymedia.org/news/2006/02/11841.php

Mantas Inc,Herndon, Va, Pro-Money Laundering Arm of International Bankers,Brokers...

www.ftaaimc.org/en/2005/12/7186.shtml

CIA and Gilman Louie are less than honest

www.news.com.com/5208-1082-0.html

Israel: Gal Lusky's 'IFA' Caught Up in Moshe Katsav,Mohamed Hadid, Zwebner 'UCSY' scam ?

www.chapelhill.indymedia.org/news/2006/03/19255.php

Charles Schwab and Share-Money Laundering

www.sfbay.indymedia.org/news/2005/06/1747107.php