The man who conned Senator Bennett : Utah IMC

And for our more Utah regional perspective he can be seen as the man,using the alias 'Bob O'Brien' who placed a $100,000+ ad,(along with Utah's and Overstock.com's Patrick Byrne),in the Washington Post on February 8 to Bush claiming 'naked short selling' was a,or the,major danger of placing Social Security funds into stock markets.Although my article, 'Senator Bennett duped in penny stock scam with striptease club connection', is here on the utah.indymedia site,yet another version for sandiego.indymedia is on link below.

Also a direct link to the 'stop naked short selling' infomercial Senator Bennett was tricked into making that led to a fraudulent 'pump and dump' of a penny stock known as Global Links (gbll)is on the link immediately below that.And the story of the man who tricked Senator Bennet into promoting a worthless penny stock begins or continues, below those links.

http://sandiego.indymedia.org/en/2005/07/110190.shtml

Senator Bennett et.al.'s infomercial on 'naked short selling' :

http://www.tinyurl.com/5vq8y

I am here to state as much how little is known as how much is.He is the founder of the far right National Taxpayers of which Steve Forbes has been a president.And if he were to catch you in a dark alley of the internet he would rob you blind,as he did to me.But it's nothing personal and he's sorry for your losses just the same.

Of course I had no idea who James Dale Davidson was at the time I became his victim.I thought I was investing in a Stanford patent among other things and from a distance outside the U.S. and having no experience with either investing or the internet I had no idea what I was in for.

I did say to Mr.Davidson much later,through email correspondence,that his and the Lord Rees-Mogg's book,'The Sovereign Individual',did explain his modus operendi to a 'T'.THAT WAS TO TAKE FULL ADVANTAGE OF THE INTERNET FOR PURPOSES OF ANONYMITY AND TO USE OFFSHORE COUNTRIES AND ENTITIES TO HIDE ASSETS GAINED THROUGH STOCK OR SECURITIES FRAUDS OR ILLEGAL PUMP AND DUMP ACTIVITIES AND LAUNDERING AND OR HIDING THAT ILL GOTTEN MONEY,OFTEN FROM DEFRAUDING HIS FELLOW AMERICANS,OFFSHORE.

All with a pretense of 'nationalism' and 'patiotism' operating his scams mainly from the Beltway and taking advantage of years of political and financial contacts made there and elsewhere.He is founder of newsmax.com of which the likes of Al Haig and many other far right and one might say neo-fascists contribute. His years at Oxford and as a Rhodes scholar,I believe, distanced him further from his fellow Americans and made him feel and act as an elite who only associated with those of like mind and economic class.

I believe he is James Dale Davidson III but his youth is left out of his self-agrandizing business auto-biographies is if he is hiding or ashamed of something in his earlier years.But this is only a guess as little or nothing is known for the public record. I find no mention anywhere from him or anybody else as to who James Dale Davidson I and II were.And no mention of his childhood although I am sure he had one.He no doubt entered IOxford sometime before Clinton and is older but this has rarely been a topic of his 'I'm a great businessman' autobiograhies.Funny if one looks at the companies he sites as examples, they all fail or go out of business,yet he is always doing better than ever.

Below is the now famous or infamous quote from Hillary Clinton regarding 'the vast right wing conspiracy'.Funny,James Dale Davidson has a habit of saying 'good guys' and 'bad guys.He's always one of the 'good guys',of course.Well I don't know,I always thought liberal' and 'conservative' like 'communist' and 'capitalist' were inadequate and artificial ways of labeling people.But I will say Davidson prides himself on being far right and I believe elitist,not my ideal of America.And like the Lord Rees-Mogg he collaborates with he believes in class and being in the upper tiers strongly,at whatever cost.

It was Baron Rothschild who in the early 19th century advised investors to ' Buy when there is blood on the streets.' ' Blood in the Streets', is also,not so coincidentally a title of a book co-written by the Lord Rees-Mogg and James Dale Davidson.Yet I have met what I would consider 'conservative' Americans and they are still not blood thirsty and many do hold high standards and morals just as the so called liberals, that in todays America for political purposes are made to be 'radicals' or the equivalent of old line Russian communists by the likes of Rupert Murdoch who is a friend to Davidson's Lord Rees-Mogg and owner of the London Times where Rees-Mogg was once editor.

“…this vast right-wing conspiracy that has been conspiring against my husband since the day he announced for President.” —Hillary Clinton. on The Today Show, after the Monica Lewinsky story broke.

Below is a hodge podge of writing from different sources including James Dale Davidson's far right newsmax.com that describes in his,or his sympathetic British writer Christopher Ruddy's words, an encounter between Bill Clinton and James Dale Davidson during Clinton's first inauguration. Christopher Ruddy it should be remembered,was inspired to write much of the slander that 'Clinton killed Vince Foster'.It was Davidson who found and paid the handwriting experts to prove or at least insinuate it.Had the handwriting on Foster's suicide note been forged and the FBI said no,it would not have proven a thing.But proof was never Mr.Davidson's strong point,like his 'newsmax.com' etc.and his fraudulent penny stock mailings and and websites,inference is everything,proof nothing.

Mr.James Dale Davidson never had any more proof for his fraudulent claim that the corrupt penny stock companies he has been involved with were victims of 'naked shorting' ,or of brokers etc.,inundating the market with non-existent 'electronically counterfeitted' shares than he did that Clinton killed Vince Foster,but he didn't care,it was the idea that counted.It is all
psy-ops whether it be promoting wothless companies to dump their shares on naive investors or spreading the idea Clinton killed Vince Foster.It was and is,all the same.Promote and sell a perception or the perception of an idea you speadnnot the truth and not 'facts'.

So while Richard Mellon-Scaife and other far right contributers to the cause made their contributions most Americans who carry around the idea in theuir heads that Clinton killed or maybe killed Vince Foster virtually none can say where they got the idea.Well in great part and for the most part hats off to James Dale Davidson and his behind the scenes propaganda machine.

If you do a google search of 'naanss' or better 'naanss davidson colby' you will find my comments or complaints to the SEC of late 2003 regading James Dale Davidson and his National Association Against Naked Short Selling'.This would be closed down at its former office in Blaine,Washington sometime after my complaint.This office also housed 'Genemax'
penny stock that touted a 'cancer cure' but only produced an unending stream of penny stock shares inundating the market,never putting money in the coffers for research and always more shares being dumped from U.S.or Canadian accounts and through offshore entities.Davidson and the Lord Rees-Mogg promoted LOM or Lines Overseas Management of Bermuda in their book 'The Sovereign Individual' without even disclosing their substantial ownership.It is now under long over due investigation by the SEC for dumping huge volumes of shares of penny stocks from its U.S.accounts including Charles Schwab.This is what Davidson fraudulently claimed were 'naked shorts' or non-existent shares sold by Schwab. Schwab kept quiet because the fraud and what I term 'share-money laundering' was a very good business.

Economist: Inflation Rate Is Double Official Number
Christopher Ruddy and Ryan Troup
March 14, 2000
Jan. 20, 1993, and Bill Clinton was not president 24 hours when he saw James Dale Davidson at one of several Washington Inaugural Balls.
Clinton quickly waved past the salutations and congratulations. "Jim," he said, "You may able to help me."
Davidson, a Clinton campaign donor, a financial writer, then head of the National Taxpayers Union and someone who had known Clinton for years from annual retreats at the Hilton Head Renaissance weekends, nodded with agreement.
"I think the Bush people were cooking the economic numbers in the months before the election," Clinton said, continuing, "Do you think you could put together a report for me on how they did it?"
Davidson agreed but the thought went racing through his mind, "This man’s not president for one day and he’s already trying to figure out how to fix the books."
Since his inauguration Clinton has survived an avalanche of scandals that would have crushed any other mortal.
One factor cited by both Clinton critics and friends has been the booming U.S. economy and the longest bull market in the history of the world.
"It’s the economy, stupid!" was the Carville-inspired slogan of the Clinton-Gore ’92 campaign. The slogan has become the White House mantra for two terms.

- from James Dale Davidson's own newsmax.com

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and this below also from newsmax strangely predicts former CIA Chief Colby's death a month in advance !!! You might recall Colby was head of the CIA during Nixon's Presidency and appointed by him but better described as a Roosevelt 'new deal' democrat than a Nixonite.

For a number of reasons the far right would have reason to despise him and so paradoxical he was in James Dale Davidson's employ at the time of his death.Equally that his name was on Davidson's 'Strategic Investment' letterhead claiming Clinton responsible for the death of Vince Foster only months earlier.We have no reason to believe he believed it,he was just paid for his name and the mailings were normally only for stock promotions etc. not accusing Presidebts of murder and certainly not for journalistic investigations.

A lesser known fact,as the article below,shown only in part to demonstrate Davidson or someone(s) in his circle appeared to anticipate Colby's death in advance,is the James Dale Davidson and his group seem to have begun the preliminary effots to insinuate the death of Colby was Clinton's doing as well then seem to have lost interest or backed off.

Christopher Ruddy

Related Articles:

William Colby's Death Mystery

It was March of 1996. My cell phone rang. My literary agent was on the line.

"Cross Colby off the list. He's dead."

"Colby is dead," I said with some shock.

"Yes, I just heard on the radio he died in a car crash," my agent said.

I did not know former CIA Director Bill Colby, nor did my agent. But we both knew James Dale Davidson, editor of the investment newsletter Strategic Investment. Davidson was not only an associate of Colby's, but Colby had worked for Davidson as a contributing editor for his newsletter.

At the time of my agent's call, he was attempting to find a publisher for my book on the Vince Foster case. We still had no publisher, and my agent had floated the idea of William Colby writing the proposed book's foreword. This would serve several purposes. Colby, as a former CIA chief, would give the book some credibility with a publisher.

Colby had been a key figure in the Watergate scandal after he refused to allow the CIA to block the FBI probe on the Watergate burglary. Colby could not be accused of being part of a right-wing conspiracy. After leaving the CIA, he argued for unilateral disarmament and became a fixture at the left-wing Institute for Policy Studies.

My agent thought Colby might be open to the idea. After all, he worked for Davidson and Davidson openly claimed Foster was murdered, pointing the finger at the Clinton White House.

But now the idea of a Colby foreword seemed lost.

I called Davidson and asked him if he had heard the news about Colby. His voice became strained. He sounded stunned when I told him.

But, of course, Colby had not died that March. He died a month later. My agent was wrong. To this day, he swears he heard something, and to this day, we laugh about the Jungian wrinkle in time. Davidson was peeved at me for the false report, as he well should have been.

On April 29, 1996, the wires flashed with hot news: Former CIA Director William Colby had disappeared from his country home on the Wicomico River in Maryland. Authorities suspected he died in a canoeing accident, as his waterlogged canoe was found on the shore near his home.

A week later, his body surfaced in the marsh near his home. After a perfunctory autopsy, local police authorities closed the case as an accident. - newsmax.com

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

Below from rumormillnews.com furthers my argument of how little is known of the former backer and later accuser of Bill Clinton,his fellow Rhodes scholar and Oxford graduate James Dale Davidson :

Another example is James Dale Davidson, a person surrounded by unanswered questions. Davidson is a former Rhodes Scholar and friend of Bill Clinton who started the National Taxpayers Union, publishes the investment newsletter Strategic Weekly Briefings, and did everything he could to expose the "truth" about Clinton.

I was suspicious of Davidson for years because he was a Rhodes Scholar, which means that he is a member of the international conspiracy discussed in this paper. However, it was not until recently that his true colors were revealed. Joan Veon said in a radio interview that certain tax groups like Davidson are really wolves in sheep's clothing, because they talk about the evil IRS and push a National Retail Sales Tax (NRST). The reason they want the NRST is that America is the last Western country which does not have a value added tax (VAT) and the NRST is the first step in that direction. Once the NRST is implemented, the next step is to tax every manufactured item in every step of the manufacturing process. And, of course, in order to this every item will have to be controlled and monitored by the government. This will lead to a totalitarian society wherein every person's life is totally controlled by the government. This is the ultimate goal of Davidson and similar people.

So the fact that someone like Davidson would appear to be doing the American public a favor by exposing the evil of Bill Clinton should make one seek to understand his true motive. The most likely explanation is that he is following the orders of the NWO plan as outlined by Rhodes, Milner and others in destroying the American presidency and bringing the U.S. into their Commonwealth of Nations, i.e. one-world government.

As a curious aside, former Director of the CIA William Colby had retired and joined Davidson as a writer for his investment newsletter. Colby was later found floating in the water behind his house. According to what I have heard and read about Colby, he would not be one to sell America over to the NWO, so why join up with the likes of Davidson? Perhaps he took the job to spy on Davidson and his NWO cronies, who had him removed? This is just one more example of many demonstrating the NWO's ruthlessness.

- rumormillnews.com

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from 'Witches Of Whitewater'

As for Lucianne Goldberg herself, who walks, talks, and acts like one of Chotiner's gangster molls, she wrote Madame Cleo's Girls, a 1992 novel with lurid details about a trio of high-class prostitutes.
Still, before Goldberg became the den mother for Bush-leaguer Linda ``Bad'' Tripp, she had reportedly represented Dolly Kyle Browning for a potential book deal about an alleged, early Clinton love affair, but critics debunked Browning's story.
Next, Goldberg tried to get a book deal for the Arkansas state troopers who alleged that they had procured women for then-Gov. Bill Clinton. Witches of Whitewater Goldberg and her son, Joshua, also confirmed that she has been a frequent collaborator of the two leading British intelligence operatives assigned to trash Clinton: Ambrose Evans-Pritchard and Lord William Rees-Mogg. .......................................................
Lucianne Goldberg admitted to this author that she knows another leading British opponent of President Clinton, Lord William Rees-Mogg, the former editor of the London Times now owned by Rupert Murdoch. ``Of course I know Lord William Rees-Mogg,'' she said. ``I think he's been doing a great job against Clinton.'' Rees-Mogg's attacks upon the Clinton administration either appear in the London Times or in the U.S.-based newsletter Strategic Investment, which Lord Rees-Mogg co-edits with James Dale Davidson, founder of the right-wing National Taxpayers Union.
No sooner did the Goldberg-Tripp-Lewinsky scandal break, than Lord William Rees-Mogg sped to the United States, apparently in search of DNA samples and other dirt dished up by his admirer, Lucianne ``Ma Barker'' Goldberg.
members.tripod.com/~american_almanac/witches.htm

Kirez Korgan money (at) wetheliving.com
Thu, 28 Mar 2002 23:12:05 -0700
I don't have the time to say much that's intelligent, but... I recognized
this product from the writing and the ideas, while I did NOT recognize the
author's name.
Ultimately, it's (Lord) William Rees-Mogg and James Dale Davidson behind
this stuff. Also, this material is a bit more hyp-ish than most of their
other material that I've seen, in my recollection.
They're both strong libertarians. James Dale Davidson... is an interesting
character, to say the least. He is the founder and president of the National
Taxpayers Union, a libertarian think-tank in DC that publishes the actual
spending habits and voting habits of Congressmen (among other things). I
worked for them in the summer of 1995.
Their newsletters are fascinating. Most interestingly, their newsletters are
actually, from what I know of them, sincere. They believe the stuff they
write (this doesn't make it good investment advice, in fact I've seen them
being dramatically wrong for years). They do not hesitate from combining
their investment advice with their libertarian political analysis.
They also produce little booklets, like "The Burning Match" and "Who Killed
Vince Foster?" --- which is pretty rich in conspiracy theory.
I got introduced to them in 1994 from their newsletter _Taipan_, which had
me thrilled with their messages of libertarianism, coming excitement and
revolution, access to information from spies (they cited Jack Wheeler as one
of their principal sources --- for those of you who don't know, Jack Wheeler
is an Objectivist philosopher-adventurer), market contrarianism... even
scoffing at religion and international political order.
What I've never figured out about them is: What, exactly, their theory of
history cycles is about. This strikes me as the most ludicrous aspect of
their messages. They think they can make these predictions by historical
analysis, because they have these elaborate theories about how history
operates in cycles.
Anyway, I just thought I'd share some of my experience. I remember them
marketing two main newsletters, Taipan and Strategic Investment. I think
Taipan must have gotten closed down after I heard of it in 1994; I haven't
seen or heard of it since.
And I can never resist commenting that James Dale Davidson's wife is
simply... amazing, somehow beautiful in a way that I can't reduce to
particulars. She's a reporter working in DC. I met her once and, even though
she was many years older than me, and not even my 'type,' I found her
absolutely electrifying, so that I still remember the most minute details
about her from that single day almost 7 years ago. I asked her about her
husband, and I got the impression that she was perhaps accustomed to hearing
him ridiculed. She got a very guarded, wary look on her face and seemed to
try to duck the question and change the conversation, saying something
cryptic about Jim having a wildly varied and eclectic past. (My meeting her
was one of the singularly most bizarre experiences in my life, so I always
marvel about it. My life is itself bizarre, so this says a lot, I think.)
Kirez

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James Dale Davidson et.al,purchase New Zealand farm and some New Zealanders do some good Davidson research but yet again we come up lacking,missing something........

Wharekauhau Lodge sold to U.S. interests
Wharekauhau Lodge and Farm in the Wairarapa is being sold to four residents of the U.S.A. in order to "create one of the best and most exclusive lodges in the world". The lodge includes 931 hectares of land. The current owners, W. and A. Shaw, are retaining a 10% interest in the property and will "have an ongoing involvement in the development and management of the property".

The new owner is Wharekauhau Holdings Ltd (WHL). Initially this was owned 24.9% by J. Davidson, 24.9% by A. Miller, 24.9% by M. Baybak, 15.3% by J. Sevo (all of the U.S.A.) and 10% by the Shaws. However in March 1996 this approval was amended to change the shareholding to include in addition Sir R. Douglas (Aotearoa), Lord R. Mogg (U.K.) and J. Blanchard III (U.S.A.). With that change, the shareholding is 24.6% by J. Davidson, 12.3% by A. Miller, 20.2% by M. Baybak, 12.3% by J. Sevo (all of the U.S.A.), 12% by the Shaws, 13.2% by J. Blanchard III, 4.4% by Lord R. Mogg, and 1% by Sir R. Douglas.

They are paying $4,800,000 for the property through the company Wharekauhau Station Ltd.

"The Commission is advised that the Wharekauhau lodge is one New Zealand’s leading lodges but currently has limited accommodation facilities.

The Commission is advised that WHL propose to implement a development plan that will create one of the best and most exclusive lodges in the world, while also enhancing the current scenic splendour of Wharekauhau. The Commission also is advised that the development plan envisages building new villas and estate homes and extending or replacing the existing lodge house.

It is also intended that the farm business will be maintained as a Romney sheep stud. This will be developed into a model farm with some hill facings being planted in trees and fencing and fertility being improved."

Sir Roger needs no introduction. Lord William Rees-Mogg is the former chief leader writer and editor of The Financial Times, city editor and deputy editor of The Sunday Times, and editor of The Times (1967-81), "by which time he had become an accepted establishment figure, on the boards of several companies", according to the Cambridge Biographical Encyclopedia (1994, Cambridge University Press, http://www.intbuscom.com/ibc/about.html). A former Vice-Chairman of the BBC, in 1988 he became head of the new, controversial, Broadcasting Standards Council. He is an author, business commentator and "advisor to some of the world's wealthiest investors". His business interests include being Chairman of International Business Communications Group PLC (business publishers, conference organisers etc), and Pickering & Chatto (Publishers) Limited, and a Director of The General Electric Company Plc, and St. James Place Capital Plc ( http://www.intbuscom.com/annual/directorreport.html). As the Encyclopaedia states, he is very much a central establishment figure in the British hierarchy. He is a favourite subject of conspiracy theorists. His government and business connections are likely to have brought him into contact with Douglas.

He has co-authored with one James D. Davidson two books on investment: "Blood in the Streets" by James Dale Davidson and Sir William Rees-Mogg, (New York: Warner Books, 1987), and "The Great Reckoning", revised and updated edition, by James Dale Davidson and Sir William Rees-Mogg, (New York: Simon and Schuster, 1993). The first takes its name from the advice given by Baron Nathan Rothschild in 1815: "the time to buy is when blood is running in the streets". The second predicts a major depression before the end of the century and advises investors how to prepare for it.

The two also edit and publish Strategic Investment, an investment newsletter described by Chapman Tripp Sheffield Young (CTSY, the shareholders’ solicitors) to the OIC as "the largest circulation (135,000 per month Wall Street newsletter". Significantly, it "has been heavily promoting investment in New Zealand", so they are no novices where Aotearoa is concerned. Davidson has written for the Wall Street Journal and numerous other U.S. publications, and is a principal of Strategic Advisors Corporation in Baltimore, Maryland.

The New Zealand Companies Office identifies the OIC’s J. Davidson as James D. Davidson of Alexandria, Virginia, U.S.A.. The OIC files confirm this as Rees-Mogg’s associate, James Dale Davidson. Davidson is not simply an investment advisor: he is also a political activist after Roger Douglas’s heart, and as we have seen, with a standing interest in investment in Aotearoa. He is the chairman of the National Taxpayers Union (compare ACT), which he founded in 1969. It claims 250,000 members, with a budget of $3.5 million, and 20 staff at its headquarters in Washington DC ("Encyclopedia of Associations", 31st Edition, 1996, Part 2, p.2304.) "The National Taxpayers Union [is] a public interest advocacy organization dedicated to eliminating wasteful government spending and working to reduce taxes and balance the federal budget" (http://www.foe.org/orgs/FOE/scissors95/greenpart31.html).

One of the more fascinating sites on the Internet is "microstates.com", which has a section, microstate.com/bermuda/intexecs.htm, devoted to Bermuda. There (presumably to attract others to the country), it lists some of the prominent businessmen who use Bermuda to avoid their taxes. It lists such names as Silvio Berlusconi, former far-right Italian Prime Minister, currently engaged in a drawn-out corruption trial ("an Italian media magnate, he was named in the Forbes Magazine billionaires list as being worth more than $2 billion. He owns the large, white home known as ‘Blue Horizons’ in Tucker’s Town, St. George’s Parish, near the home of former US presidential candidate Ross Perot. Signor Berlusconi regularly flies into Bermuda via a private jet aircraft, with his son Piersilvio and daughter Marina. He was the Italian Prime Minister a few years ago and in 1996 made an unsuccessful political bid to become so again. Like his immediate neighbours, the Perots, he has a passion for privacy."); Jack Carter, son of former US President Jimmy Carter ("his parents visited him in Bermuda for a week in mid October, 1995"); Ross Perot; George Soros; a raft of U.S. and British billionaires and millionaires (and one Australian); and James Dale Davidson:

"James Dale Davidson

"An investment author and consultant to a clutch of leading multinational companies with active Bermuda connections, he is a graduate of Oxford University…

"In his business dealings around the globe, he has observed financial service opportunities in many countries. Over the last few years in particular, he has increasingly used Bermuda as a primary conduit for the range of his financial dealings – from banking and brokerage accounts to incorporating internationally active, prominent companies."

Evidence for his (and Rees-Mogg’s) Bermuda activities comes in the shareholding of Wharekauhau Holdings Ltd: one of its shareholders is New Paradigm Capital Ltd of Hamilton, Bermuda. According to CTSY, this is a "Bermuda merchant bank" owned jointly by Davidson and Rees-Mogg "and a Jersey Island based trust" (Jersey is another tax haven). Presumably such tax avoidance is Davidson’s way of putting his anti-tax political views into action.

However Davidson’s activities move from just right-wing straight into conspiracy theory in an escapade in 1995. It’s a long story, but the apparent suicide of Vince Foster, a bit player in the Clintons’ Whitewater scandal, led to marginally credible theories that he was actually an NSA operative and a spy for Israel with million-dollar Swiss bank accounts, and was murdered after the CIA got on to him. Davidson dived in to the controversy by financing an examination of Foster’s suicide note by three forensic handwriting experts, which, they said, was a forgery (http://www.en.com/users/bthomas/cs/foster/forg.txt: "An Independent Forensic Examination Of a Torn Note Allegedly Written by Vincent W. Foster, Jr.", Prepared for Strategic Investment, James Dale Davidson, Editor, 25 October 1995). One suspicion was that Davidson was fanning the flames to help undermine Clinton.

A connection with our next character, James Ulysses Blanchard III, is that a writer for Strategic Investment is Jack Wheeler, of whom more below.

J. Blanchard III is, according to the New Zealand Companies Office record, James Ulysses Blanchard III. James Ulysses Blanchard III (where else but in the U.S.A. would parents call their children such names – and where else would the children use them!) is publisher and Editor-in-Chief of The Gold Newsletter, Los Angeles, U.S.A. He writes business commentaries and advice on gold and silver investments – possibly a connection with Mogg (example: "Own a Masterpiece of the Old West in Pure Silver! … An Exclusive Offer … ingenious bonus strategy we’ve developed that will have the U.S. Treasury refund you the entire purchase price of this historic acquisition ...": ref http://www.shopsite.com/libmint/images/oldwest.html). However that is not his most interesting side.

The following comes from Africa News On-Line, 29/1/96 (http://www.newsnet.com/libiss/it15.html) and was originally published in Mail and Guardian (Johannesburg), 19/1/96, as "Mozambique: US Millionaire Plans Indian Ocean Dreampark", by Eddie Koch. It is more than a little astounding.

"Johannesburg - "Yo! You and you! Yo!" The big Texan is standing beneath the thudding turbine of a chopper in the middle of the Mozambican bush. He is whooping and yelling and pointing at a group of bewildered peasants who huddle behind a tree to protect themselves from a sandstorm whipped up by the helicopter as it swooped into their settlement.

"Gradually, above the cacophony, the villagers realise the American is telling some of them to "stop fiddle fucking" (a phrase repeated so often it could be called his company's motto), get into the air and take a look at the natural beauty that surrounds them. This is John Perrott, general manager for flamboyant millionaire James Ulysses Blanchard III, and he is bringing his employer's version of rural development to one of the poorest countries in the world.

"The vision of Blanchard Mozambique Enterprises is to create a massive wildlife and tourism mecca stretching from Inhaca Island off Maputo through the staggeringly beautiful Machangulo Peninsula, across the Maputo Elephant Park, where one of Africa's last free-ranging elephant herds lives, and then down to the South African border in the south.

"The Machangulo Peninsula has the world's highest forested dunes which jut, south of the island, into a subtropical sea abounding with coral reefs, dolphins, rays, sharks, marine turtles and endangered dugongs (strange sea mammal which gave rise to the mermaid legend because it has breasts to suckle its young).

"The $800-million masterplan, outlined in a book called the Black Bible by Blanchard's men, includes hovercrafts to ferry jetsetting tourists from Maputo to Inhaca; a Mississippi Steamer which will become a floating hotel and casino off the island; a chain of upmarket lodges on the beaches and inland lakes that dot the pensinsula; a national park that will be supplied with the big five and other animals in the biggest game restocking exercise ever undertaken in human history; scuba diving schools; game fishing expeditions; an aquarium; and a steam train to ferry tourists through this wonderland of wild game and marine life.

"South African consultants have advised Perrott that his dream to import a group of Bushmen from the Kalahari into the Mozambican theme park is likely to discredit the project. So has he given up the idea? ‘Hell no! If I get my way, I'll bring some of them little guys out here. Can you imagine tourists on the steam train looking out of one window and seeing elephants and rhino? Then they'll look out of the other and see the little bastards running around with their loin clothes and poison-tipped arrows ... The way I see it we'll bring them rhino here and save them from going extinct so why not bring the little guys who are also going extinct?’

"It is unlikely that either the Botswana or Mozambique governments will grant permission for Bushmen to be part of the scheme. But the masterplan is being taken seriously by the government in Maputo.

"The biggest obstacle in Perrott's way is that in 1987, at the height of Renamo's civil war, the Frelimo-led government granted South African timber giant Sappi a concession to plant more than 30,000 hectares of land with a plantation of bluegum trees -- in partnership with two Mozambican firms.

"The Maputo government's aim was to bring a big South African business into the area as a bulwark against bands of Renamo rebels, who waged a destructive civil war in the area, with clandestine support from elements in the South African military.

"Little thought was given, at that stage, to the fact that the concession zone is part of an incredibly rich area of plant diversity, known as the Maputaland Centre of Endemism, and that the commercial plantation will destroy botanical species which occur no where else on Earth and also one of the last tropical grasslands left in southern Africa.

"An environmental impact study commissioned by Sappi has recognised that the plantation could have serious negative impacts on the biodiversity and water resources of southern Maputo province and has recommended the planted area be reduced from 32,000 to 21,000 hectares so the bluegums can be kept away from rivers and inland lakes in the area. The study points out that the plantation, which could earn Mozambique some R80-million (about $23-million) a year and create 12,000 new jobs (not all of them full-time), does not prevent other companies from implementing ecotourism programmes in the Elephant Park and on the Machangulo Peninsula.

"But Perrott will have none of this. The Blanchard proposal, he explains, could bring in an investment of $800-million and will create 20,000 jobs in the long run. However, it depends on "critical mass", a realisation of the grand plan, and it cannot have a patch of bluegums in the middle of it.

"So James Ulysses Blanchard III has presented an ultimatum to the Mozambicans. He will not go ahead unless Sappi is out. Perrott's job is to persuade the local population and the media that his boss is right, which is why he is now in the middle of the bush with a chopper and a convoy of four-by-fours conducting an exercise in what the newspaper contingent on the trip dubbed the Texas School of Community Communication.

"While the local chief, his wife and two other volunteers from the village are taking a flip in the helicopter, the Texan begins dishing out colourful T-shirts with a huge map of southern Mozambique on the front proclaiming that the area is now a national park. The logo on the back says – in English even though the villagers speak only Shangaan or Portuguese – ‘Nix to water guzzling bluegums’.

"Women, men and children scramble for the T-shirts while a group of men gather around Perrott and his Mozambican translator. ‘Tell them they gonna have shares in this project,’ says Perrott. ‘The elephants we bring here are gonna belong to them too. Now you tell them that in your best Shingaan (sic).’

"Perrott insists that a democratic approach is vital for conservation to work and that his company will treat the local communities as equal partners. ‘We're gonna put a fence up and make this place a national park and they will be able to choose. We gonna come here and say: "Okay, now you're in a national park. Your village can either get fenced in or you can have them wild animals walking right through your main street".’

"Early in February the Cabinet will meet in Maputo to decide on the bluegum-plantation-versus-ecotheme-park row. The debate has become Mozambique's equivalent of the St Lucia controversy in South Africa and is likely to be the biggest and most complex economic decision the Mozambican government has ever had to make.

"Cabinet members appear divided on the issue. The agriculture ministry favours the plantation because it is ready to proceed and will bring immediate jobs to the depressed area. The environment ministry wants the ecotourism plan because the plantation will cause irreversible damage to Mozambican wildlife while it provides raw materials for the South African paper industry.

"Another source of concern in the Cabinet is that Blanchard – a cold-war warrior from the 1980s with close links to far-right groups in the US – has good friends in Renamo and also the Inkatha Freedom Party in KwaZulu-Natal.

"For the time being though, it appears that opinion in Maputo's government and intellectual circles is swinging Blanchard’s way. The government will insist on a proper land-use plan and assurances that the ecotourism project will not be used to benefit Renamo during the next elections, or link up with seccessionist movements in KwaZulu-Natal. It also plans to set up a group of monitors to ensure that the rhetorical commitment to a partnership with the local landowners is put into practise.

"But it now seems that the man who once bankrolled a rebel army to wage a war of incredible destruction and brutality (the US State Department once described Renamo atrocities as worse than those of the Pol Pot regime in Cambodia) is likely to be rewarded with control over a huge chunk of Mozambique's richest province.

"It is just one of the many paradoxes that pervade this poor country. ‘To understand it,’ says one of the officials who works with Perrott on the project, ‘you must realise that Mozambique in the past hasn’t had bulldozers that work. Now we have one that does.’"

The New York Times (22/5/88, "Right-Wing U.S. Coalition Aiding Mozambican Rebels", p.14) reported that

"James U. Blanchard 3d, a Louisiana businessman, said he started providing assistance to Renamo in 1986 by purchasing medical supplies and radios for the rebel group. He said he contributes $3,000 a month to advance the guerilla group’s interests. For example, he said, he helps pay for the Washington operations of the Mozambique Research Center and provides cash payments to prominent Mozambican refugees sympathetic to Renamo.

"Mr Blanchard estimated that he had given a total of $50,000 to $75,000 to aid Renamo in the last two years."

The same article reported that the State Department had issued a report the previous month

"asserting that ‘100,000 civilians may have been murdered’ as a result of widespread violence and brutality by the rebel group [Renamo]. Victims were beaten, mutilated, starved, shot, stabbed or burned to death, the report said."

Renamo was heavily supported by the South African apartheid government. It was a terrorist group in the truest sense of the word.

Also mentioned in the same New York Times article is Jack Wheeler, director of the "Freedom Research Foundation" in La Jolla, California, and a writer for Davidson’s Strategic Investment. He is said to consider himself one of the fathers of the "Reagan Doctrine" which amounted to supporting anyone who opposed any friend of the Soviet Union. He

"visited the guerillas in Mozambique for two weeks in June 1985. When he got back, he urged Lieutenant Colonel Oliver L. North to use his influence to help Renamo. Colonel North, who was then on the staff of the National Security Council, turned aside the request. ‘Ollie was very sympathetic, but felt he had to concentrate his efforts on Central America,’ said Mr Wheeler, whose foundation studies anti-Soviet insurgents around the world."

Blanchard is a supporter of the extreme right Libertarians in the U.S.A. He was on the campaign committee of the Libertarian Party’s U.S. Presidential candidate in 1996, Harry Browne (http://www.harrybrowne96.org/campaign_committee.html). He is also an "advisor" to the Washington-based "Free Africa Foundation" (http://www.webperfect.com/afrinet/orgs/faf.html):

"Africa is a continent in crises: famine, civil wars, AIDS, environmental degradation, economic disintegration, political tyranny, social destitution, and state-sponsored terrorism… The situation remains bleak despite noble efforts by multilateral lending institutions (World Bank, IMF, and UNDP) and Western donor governments to reverse Africa's economic atrophy… [The] solutions entail returning to Africa's roots and building upon its own indigenous institutions of participatory democracy based upon consensus, open borders (free movement of goods and people), freedom of expression, free trade and free markets."

The New Zealand Companies Office identifies M. Baybak as Michael Baybak of La Canada, California, U.S.A. He appears to own his shares through Star Financial Ltd of Hamilton, Bermuda. There are only two Baybaks in the entire on-line telephone directories of the U.S.A.: Michael Baybak of Clearwater, Florida; and Michael Baybak of La Canada, California. Standard and Poor’s Register of Corporations, Directors and Executives 1995 (Volume 1, p.205) lists a Michael Baybak as Chairman of Athena Gold Corporation of Reno, Nevada (famed for casinos and quick divorces, just across the border from California). This is where things get interesting.

In its 6/5/91 issue, Time published a story (p.46 of the Pacific edition) entitled "Mining Money in Vancouver", by Richard Behar, highly critical of a California businessman, Michael Baybak and his business practices (http://www.webzonecom.com/ccn/cults/scien-04.txt). Unsurprisingly, this item led to Baybak suing Time. The out-of-court settlement was scarcely a victory for him. It was resolved by Time agreeing to publish a brief statement which appeared in the 11/11/96 edition of Time (p.8 of the South Pacific edition). Its crucial sentence said "Time’s report on Mr. Baybak, a member of the Church, was not intended to suggest that Mr. Baybak was a ‘front’ for the Church of Scientology or that his actions were in violation of any law or regulation". Time would not comment as to whether any money changed hands, but said it was "very happy with the settlement". (Ref: wpxx02.toxi.uni-wuerzburg.de/~krasel/CoS/ars1/ars1_28.html.)

George Cross News Letter, Vancouver, no.193 (1996), 30/10/95, in reference to Minefinders Corporation Ltd, reports: "Minefinders has engaged National Media Associates (NMA), of Los Angeles, California, to provide investor relations services for an initial term of one year, effective immediately. Under this agreement, NMA, a company controlled by Michael Baybak, will be paid a fee of US$5,000 per month plus approved disbursements." (http://www.minefinders.com/profile/gcnloc30.html.)

In its Insider Trading Report for the period ending 24/5/96, the British Columbia Securities Commission included trading by a Michael Baybak with regard to International Avino Mines Ltd on 23/5/96 (204.174.18.3/financial/vse/sob/insider/960524i.html).

A Michael Baybak also appears on the Finance Committee of the Committee for the Nomination of Harry Browne as the Libertarian Party candidate for U.S. President in 1996 (http://www.harrybrowne96.org/finance_committee.html).

Both this and the gold interests (if all these Michael Baybaks are the same person) make a connection with Blanchard plausible.

Intriguingly, in the files the OIC released to CAFCA almost all details relating to Wharekauhau shareholder Michael Baybak have been blacked out. He may of course be an entirely different person from the above, but his penchant for secrecy is interesting.

Again, according to the New Zealand Companies Office, A. Miller is Andrew Scott Miller of Denver, Colorado, U.S.A., whose shareholding is via Wharekauhau Ltd of the same Colorado address. Miller is an active participant in this deal. For example, he acted as trustee for the purchasing companies before they were formally formed. The OIC file names Sevo as John Sevo. Judging by the shareholdings, Sevo and Miller jointly own the Colorado company Wharekauhau Ltd. According to the OIC file, the two "own and operate the largest real estate firm in Denver Colorado, Sevo Miller Inc. The business owns and operates 15,000 apartments and 38 shopping centres across America."

This may be only the beginning for the above investors. The OIC file notes that

"the investors or their associates … are expected to make other investments in New Zealand. [several words deleted] Investment projects in property development, hotel/resort development, forestry, dairy and vineyards are being researched."

These contacts will be useful for the lodge’s business. In June 1996 when the lodge expanded by a further 563 hectares (see the OIC decisions for that month), the reason for the new developments was said to be to provide "an exclusive retreat for diplomats and visiting heads of Government; … a corporate retreat/conference centre for the Southern North Island; … a high class tourist facility."

canterbury.cyberplace.org.nz/community/CAFCA/cafca95/nov95.html

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Now dear dc.indymedia reader: below is a question posed by the prestigious writer for Barron's magazine,William Alpert,enquiring of founder of http://www.ncans.com website and the
http://www.nfi-info.com website as to whether or not he is James Dale Davidson.I began that claim on Mark Cuban's blogmaverick.com in February when it became the topic of discussion after the anonymous 'Bob O'Brien' and Overstock.com's Patrick Byrne placed a $100,000 ad-letter to W Bush in the Washington Post warning that the chief danger to investing SS funds in the stock markets was 'naked shorting.Shortly after or immediatley http://www.ncans.net appeared,first coming from a webserver in the British Virgen Islands known for stock scams and money laundering and then from San Diego California .

At the time the unidentified 'Bob O'Brien' admitted to be posting on Yahoo's NFI message board as 'dirtydirtydeeds'.Later he would post the address of a hedge fund manager named Marc Cohodes as well as his wife and son's address and make subtle threats.This among other things drew attention and both Reuters and William Alpert did not so flattering stories
about 'dirtydirtydeeds' or 'O'Brien' of the expensive Wshington Post letter that he erroneously claimed at first was paid by 'mom and pop' investors who were 'naked shorted'.

Alpert, William to NCANSmail
More options

Are you James Dale Davidson ?
________________________
To: Alpert
Ha ha ha ha ha. You're kidding me, right?
No. The only one that advances that lunacy is a presumably paid
message board basher who posts 50 or so times per day, and appears to have been stalking me on various blogs - his agenda appears to be
character assassination. he is either a pro, or unbalanced. My gut
says pro.
So not JDD. I'd never even heard of him until that guy brought it up.
It is funny how insidious the rumor mill is, though.
I'm just a private citizen, nobody famous or notorious, and will no
doubt disappoint one and all at my ordinary-ness once I step forward
and take off the mask. FWIW, I've been asked if I'm Penn Gillette (of
Penn and Teller), Ben Stein, and a host of other folks.
I'm not any of them, either, although nobody has ever seen Penn and I
in the same place...
Help me understand something - why is a senior editor of Barrons
interested in a trivial conflageration on an obscure message board for
a small midwestern MREIT? What's the news value? Why does anyone care, much less you?

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This later from Yahoo NFI board,ncansd3 or James Dale Davidson utters his own name in the form of a boat and telephone and ncans.net records for the first time !!!!! :

Now this below from ncansd3 who is either James Dale Davidson or his parrot .Note after previouasly denying to have ever heard of a James Dale Davidson until a 'basher'(me) brought it up,who 'stalks' him on the internet,below after an email conversation with Jesse Eisinger he all of a sudden hints a doner to ncas.net IS James Davidson and there is a 'boat' named 'James Davidson'.

ncand3 recently hinted he could have me assassinated in Guatemala for $500.

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Re: Send, or not? Comment, or copy? RVA

by: ncansd3 Long-Term Sentiment:
Strong Buy 06/02/05 12:02 amMsg: 310727 of 310731

I would add that copies of emails in which Mr. Eisinger cites very granular banking info regarding NCANS deposits are available if they wish to email me.What is actually funniest to me is that through all of this, the reporter hasn't considered that he might have found a guy who contributes to NCANS and has used his cash to help the cause - but is someone different than me. Someone who actually has been very helpful with things like procuring anonymous cell phones and the like, but is no more Bob O'Brien than the Granny he went to terrorize. Oh well, I'm sure it will all make great theater, and the attorneys are likely to have a ball with it.
Like I said in the beginning - they require a Bob O'Brien at all costs, and it really doesn't matter much whether he is the genuine article or not at the end of the day.

And I'm not telling - not going to do it. Kind of pisses everyone off, I can tell. Sorry guys. But I'm quite sure you have the right guy - keep on keeping on - he sounds like a bad 'un to me. Very mysterious. I was told a sandwich shop was involved. One shudders to think what goes on there. And a boat. I think it's named the James Davidson. It is all unclear at present. Or maybe the sandwiches are subs - those are marine sounding.

Actually, I do kind of wish it was me. Not that it isn't. Or is. Or may be. Or not.

But what I do know is that violating federal laws is a no no last time I checked - and if what they discovered was a big donor to the cause - I hope it was worth someone going to jail over. That's what happens when you violate federal law, I think - I haven't done any federal lawbreaking, so couldn't tell you.So what do we have at the end of all of this? People who can easily be shown to do anything it takes to get their way, regardless of the law, and who aren't bright enough to get that they are holding nothing. Capital N. Nada.

Which they will ultimately find out, as do most who have nothing, over time. In the meanwhile, I think maybe this will be a good mechanism to launch the fiction book - it's about a corrupt, criminally linked hedge fund who sets out to crush a company as part of its serial killing mechanism, who uses the press to do its dirty work and considers itself above the law due to its political contacts, and decides to go after a guy that creates a website that exposes their scheme and creates considerable difficulty for them. I even have a corrupt reporter or two in it.

Sort of wrote itself. I think it's a good read. Fast, and believe it or not, has a few similarities to real life.Have to figure out how to get it out there. I suspect now is the time.Oh well, good night all. Thanks for all the FBI and WSJ complaints - they will follow up, and they don't just poo poo this sort of thing when it involves attorney trust accounts and feloniously obtained bank records.We shall see what the day brings.

Posted as a reply to: Msg 310685 by rvac106

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J.D.Davidson in his own words about his 'naked short'securities fraud and penny stock touts.I,no doubt,am the 'crazy dog'of his obsessions.Note how similar James Dale Davidson's fraudulent claims re 'naked shorting' in his Agora Publications' 'Vantage Point' to those of the 'O'Brien' or 'ncansd3' of http://www.ncans.net and the Yahoo NFI board :

http://www.vantagepoint-ia.com/Secure/IssueArchive/html versions/2004.05.18.html

Lies, Lies, Lies: Stalkers Meet the Stock Market

It is hard to imagine a retiree or a housewife with time on her hands suddenly deciding to make a hobby of posting anonymous slanders on the GeneMax thread. But one can read dozens of embittered messages there complaining of everything but the real problem. For example, some bozo whose screen name translates to "crazy dog" recently posted an outrageous slander of me: "Does Davidson, as founder of National Taxpayers Union, ever pay taxes on fraud pump-dumps he"s orchestrated using "naked shorting" as a subterfuge to mask his fraud?" In one sentence he manages to falsely imply that I have engaged in a whole range of felonies. I don"t know whether to feel flattered that the naked short sellers find me so formidable an opponent that they would stoop to anonymous smears, or to hire a bodyguard. In any event, I would hope that Mr. "crazy dog" is well paid for his pains. With the possible exception of a few demented people I"ve crossed paths with, I can"t imagine anyone other than stalkers and major parishioners of naked short selling being so obsessed with me. And what humanitarian motive could explain the smears they pour down on GeneMax - a company that if it can raise sufficient funding may possibly help cure cancer? Go figure.

The Electronic Counterfeiter"s Worst Nightmare:

Circle Group Holdings Rallies 30,000% The worst nightmare of naked short sellers is that the companies they attack should survive and actually succeed. When that happens, as recently occurred in the case of Circle Group Holdings Inc. (CXN: AMEX), the counterfeiters are obliged to enter the market and buy the duly authorized shares of the capital stock of the company they have sold. CXN rose by nearly 30,000%, from 3 cents to almost $9, as naked short sellers were obliged to buy and deliver shares they counterfeited prior to CXN"s move to the AMEX.When you think of what happened in the case of Circle Group Holdings, you can see why the malicious charges leveled against me by anonymous smear-mongers on Web sites are ridiculous. If their assertions that I was orchestrating naked short selling were correct, I would hardly have become one of the leading critics of the practice. Nor would I continue to champion the causes of the companies I had "sent under" by allegedly selling wave after wave of electronically counterfeited stock.And as the example of CXN demonstrates, the damage done to the share prices of companies targeted for destruction by electronic counterfeiters is also a measure of their upside potential - for everyone but the counterfeiters.Of course, even the most virulent rantings of Mr. "crazy dog" are unlikely to carry much weight with thinking people. To orchestrate more effective smears, the electronic counterfeiters needed a more apparently credible platform. An Internet site called our-street.com emerged to fill the market arising from naked short sellers for seemingly trustworthy smears of small-cap companies that threaten to succeed.Thus for one reason or another, our-street.com and its marquee character, who writes under the pseudonym Nick Tracy, stepped up to service this market. Our-street immediately began hurling accusations about securities violations left and right. I first became aware of Nick Tracy and his tendentious exposés when someone sent me a copy of an hysterical attack he did on ChampionLyte Products (CPLY: OTCBB) , a company in which I and a group of investors took a portfolio interest as it attempted to restructure its balance sheet and realize the potential of its low-carb sports drink.

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Questions posed by Jesse Eisinger of Wall Street Journal to 'Bob O'Brien' or'dirtydirtydeeds',or'ncansd3'of Yahoo NFI board and http://www.ncans.net,or James Dale Davidson of 'Bill Clinton killed Vince Foster and my ex-employee,CIA Chief William Colby',as I like to call him,as posted on his bobosrevennge.blogspot.com.:

Jesse Eisinger questions for 'O'Brien':
I have some additional questions for you.

1. A lot of people have come to trust your research on Novastar and your dissection of the naked shorting issue. How does it feel to have that responsibility?
MY RESEARCH INTO NFI AND NAKED SHORT SELLING ARE BASED UPON READILY AVAILABLE, PUBLICLY OBTAINED INFO. I HAVE NOTED BEFORE THAT WHEN SOMEONE DISAGREES WITH THE MESSAGE, THEY SHOOT THE MESSENGER, AND TRY TO TAINT THE MESSAGE WITH INNUENDO ABOUT ME. TO YOUR QUESTION, I DON'T TAKE THE RESPONSIBILITY LIGHTLY, AND ENCOURAGE EVERYONE TO DO THEIR DUE DILIGENCE. HOW MUCH HAVE YOU DONE ABOUT NFI OR NAKED SHORT SELLING, AND HOW MUCH OF MY DISSECTION DO YOU FIND INNACURATE, IF ANY? I READ WITH INTEREST THE AFOREMENTIONED INFO, AND NOTE THAT BOAT OWNERSHIP, COMPANY FORMATION, ATTORNEYS AND LENDING MONEY NOTWITHSTANDING - NONE OF IT INVOLVE NFI NOR NAKED SHORT SELLING. LET'S ASK YOU THE SAME QUESTION - SO HOW DO YOU TAKE THE RESPONSIBILITY OF WRITING FOR THE WSJ, AND HOW MUCH EFFORT HAVE YOU INVESTED IN EXAMINING WHETHER MY DISSECTIONS ARE ACCURATE STATEMENTS OF FACT, OR FLIGHTS OF LUNATIC FANCY? WHAT INSIGHT CAN YOU OFFER, ASIDE FROM WHOM TO CALL ABOUT MARINE MATTERS? THERE IS A MAJOR HOLE IN THE SYSTEM UNSCRUPULOUS MANIPULATORS ARE USING TO SCREW RETIREES OUT OF THEIR SAVINGS – HOW MANY HOURS HAVE YOU DEVOTED TO EXPLORING THAT?

2. How do you feel about what you've accomplished so far with regard to naked shorting and Novastar?
I FEEL LIKE THE NAKED SHORT SELLING ISSUE IS AN ELEPHANT IN THE ROOM THAT THOSE WHO GENERATE MONEY FROM THE PRACTICE WANT TO PRETEND DOESN'T EXIST. I PERSONALLY BELIEVE THAT IT IS A HUGE CONTINGENT LIABILITY THAT REPRESENTS A POTENTIALLY DEVASTATING ABUSE OF OUR SYSTEM BY A MINORITY OF BAD APPLES, WHO HAVE ABUSED A LOOPHOLE TO THE POINT THAT IT IS A SYSTEMIC, ENDEMIC PROBLEM. I AM FAR MORE FOCUSED ON NAKED SHORTING THAN NFI EVER SINCE IT BECAME OBVIOUS TO ME THAT THIS WAS A PERVASIVE SYSTEMIC ISSUE, NOT A COMPANY SPECIFIC ISSUE. AS TO WHAT I'VE ACCOMPLISHED, WE SHALL SEE WHETHER I CAN CONTINUE TO RAISE AWARENESS OF EGREGIOUS VIOLATIONS OF THE PUBLIC TRUST BY THE CLEARING AND SETTLING SYSTEM, AND THE CAPTIVE REGULATORS THAT CONDONE THIS MISBEHAVIOR.

3. Not many individuals get to be on conference calls of major companies and express their views, as you did in January on the Overstock call. How did that feel?
IT'S ALWAYS NICE TO GET AN OPPORTUNITY TO AIR ONE'S VIEWS, ESPECIALLY GIVEN THE AUDIENCE - A TRANSCRIPT IS AVAILABLE AT NCANS.NET IF YOU NEED IT. I NOTE WITH INTEREST THAT NO ONE HAS SHOWN MY ANALYSIS OF THE "ANATOMY OF A MANIPULATION" TO BE INCORRECT. IN FACT, THE ONLY RESPONSES HAVE BEEN CAREFULLY CRAFTED WORDSMITHINGS FROM HEDGE FUND MANAGERS WITH THEIR OWN BLOGS, WHO ARE FRIENDS OF OR ASSOCIATES OF HERB AND MARC AND DAVID. AND THOSE DON'T ADDRESS THE SUBSTANCE; MERELY ATTEMPT TO RIDICULE THE ANALYSIS AWAY. I DON'T BLAME THEM. I THINK THAT MARKED AN IMPORTANT POINT – THE FIRST TIME THAT FLAVOR OF MANIPULATION WAS DESCRIBED IN SOME DETAIL, SO THAT THE LAYPERSON COULD UNDERSTAND THE COLLUSIVE ELEMENTS. I HAVE YET TO SEE A DEBUNKING. HAVE YOU?

4. When did you first invest in Novastar? How did you first hear about the company?
I FIRST HEARD ABOUT NFI AFTER HAVING INVESTED SUCCESSFULLY IN ANOTHER MREIT, AND WHILE SCREENING FOR HIGH YIELDING MEMBERS OF THE SAME ASSET CLASS. I THINK I BOUGHT THE FIRST SHARES IN DECEMBER OF 2002.

5. About how many Novastar shares do you own? What percentage of your net worth is that?
AT ONE POINT I HAD MY ENTIRE NET WORTH IN NFI. THAT CHANGED DUE TO MARGIN CALLS AND A MORE CONSERVATIVE STANCE TO ACCOMODATE THE MANIPULATED SWINGS TO THE DOWNSIDE. THE REG SHO LIST IS PROOF THAT SOMETHING BAD IS GOING ON WITH THEIR TRADING – IT HAS BEEN ON THE LIST SINCE DAY ONE – SOMETHING THAT WOULD BE IMPOSSIBLE IF THE RULES WERE BEING ENFORCED. ANY PLANS ON AN ARTICLE ABOUT THAT?

6. I know you are worried about threats. Have there ever been any threats against you because of your anti-naked shorting activities? Would you detail those for me?
THE CONCERNS ABOUT MY ANONYMITY FAR PREDATE MY INVOLVEMENT IN NAKED SHORT SELLING. I WON'T DISCUSS THOSE MUCH (ON ADVICE OF COUNSEL), HOWEVER THE THREATS ARE ANONYMOUS, PREDICTABLY INVOLVE REVEALING MY REAL IDENTITY, INVADING MY PRIVACY USING ILLEGALLY OBTAINED INFORMATION, AND GENERALLY USING AD HOMINEM APPROACHES TO RUINING MY LIFE. JUST AS DAVE PXXXX HAD PHOTOS OF HIS WIFE AND HIS CAR POSTED ANONYMOUSLY, IN AN EFFORT AT INTIMIDATION. ANY OF THAT SOUND FAMILIAR? HEY, I KNOW, IN THE COURSE OF YOUR INVESTIGATION ON ME, HAVE YOU RECEIVED ANY INFORMATION THAT YOU FEEL MIGHT BE ILLEGALLY OBTAINED, FROM SOURCES YOU OF COURSE CAN'T REVEAL? YOU KNOW, THINGS LIKE TELEPHONE NUMBERS THAT ARE IMPOSSIBLE TO LEGALLY OBTAIN, BANK DATA, ETC.? LET'S START THERE, AND FOLLOW THAT TO ITS INEVITABLE CONCLUSION – YOU MAY WANT TO GET A LAWYER FIRST, THOUGH. I'VE GOT TIME, AND WILL AWAIT YOUR RESPONSE WITH CONSIDERABLE INTEREST AND PREPARATION. I TRUST THAT WILL BE PRODUCTIVE.

7. How did you choose the name "Bob O'Brien"? CNBC HOST – A GAG. LIKE CHEETAH'S.

8. I understand you are self-made and retired. How much of your time is spent investing? How did you build your wealth?
I MADE MOST OF MY MONEY BY INVESTING IN PRIVATE AND PUBLIC OPPORTUNITIES. I SPEND MOST OF MY TIME INVESTING, I SUPPOSE, ALTHOUGH SINCE BEING OVERWEIGHTED IN NFI MOST OF MY TIME IS SPENT IN PROVIDING MARKET COMMENTARY AND TACKLING WHAT I PERCEIVE TO BE INEQUITIES IN THE MARKET OR THE SYSTEM.

9. Other than sailing, do you have any other hobbies or interests?
I ACTUALLY DON'T LIKE SAILING, BUT IF THE HAT THING WORKS FOR YOU...I LIKE TO WRITE – HAVE ACTUALLY WRITTEN A GRISHAM-TYPE FICTION NOVEL PREDICATED ON A VENGEFUL, CROOKED HEDGE FUND MANAGER WITH CRIMINAL TIES WHO USES HIS CONTACTS IN THE MEDIA TO PERSECUTE A GUY THAT DEVELOPS A WEBSITE TO EXPOSE HIS DIRTY DEEDS. IT'S A GOOD READ, MOVES WELL, THE INVESTORS ARE A WHO'S WHO OF CRIMINAL SYNDICATES, AND THE PLAYERS BELIEVE THEMSELVES TO BE ABOVE THE LAW DUE TO THEIR POLICTICAL CONNECTIONS. AM DEBATING GETTING A LITERARY AGENT OR JUST SELF-PUBLISHING TO CAPITALIZE ON ALL THE ATTENTION "I" SEEM TO BE GETTING.

10. Do you own stock in Overstock.com?
I OWNED OPTIONS FOR HALF A YEAR OR SO. LOST MONEY ON THEM WHEN THE PRICE DROPPED, IN SPITE OF THE COMPANY'S PROFITABILITY. I INVESTED IN THEM BECAUSE I LIKE AND RESPECT THE OPINION OF THEIR CEO, AND BELIEVE THAT A GOOD DISCOUNT ONLINE RETAILER IS FOLLY TO BET AGAINST. I MAY BUY SOME MORE AS WE APPROACH THE HOLIDAYS AGAIN – RETAILING, THE HOLIDAYS, SORT OF GO TOGETHER.

12 How did you decide to create the NFI Info site?
I GOT TIRED OF THE VOCATIONALLY DILIGENT CLOGGING OF THE YAHOO MESSAGE BOARD BY TEAMS OF BASHERS, WHOSE ONLY OBJECTIVE WAS TO DISRUPT THAT FORUM AND RENDER IT USELESS AS A COMMUNICATION TOOL. IT STARTED BY ME TAKING SOME OF HHILL'S POSTS AND CONSOLIDATING THEM INTO A RESOURCE THAT WAS RANDOM ACCESS, THUS NON-DISRUPTABLE, AS OPPOSED TO THE CONTIGUOUS STREAM THAT THE BOARDS REPRESENT. IT HAS SINCE MORPHED INTO THE BEAST THAT IT REPRESENTS TODAY, WHICH IS THE LARGEST AND MOST COMPLETE SITE OF ITS KIND THAT I KNOW OF.

13. Are you still 44 years old?
WAIT A MINUTE – YOU KNOW THE GUY'S BOAT GUY'S NAME, BUT NOT HIS BIRTHDAY? IF HE'S SUPPOSED TO BE 44, AND WAS NOW 41...NOW THAT WOULD BE A STORY.

14. When did you become concerned a