-Caveat Lector-

http://jewishworldreview.com/cols/oreilly.html

Jewish World Review
January 22, 2001

I have been investigating Jackson's finances for the past two years

By Bill O'Reilly

http://www.jewishworldreview.com -- AS A JOURNALIST and an
American I take no pleasure in the embarrassment of Jesse
Jackson. But I do believe in karma, and the fact that Jackson is
now getting his may be the ruling of the universe. For years,
Jackson has been dividing Americans. Sometimes with good cause,
other times employing pure exploitation. With the revelations
that he fathered a child with his mistress and paid her big money
to keep quiet, Jackson has lost his moral imperative. And he may
be losing much more.

I have been looking into Jackson's finances for the past two
years. The facts are these: He runs four organizations, and two
of them are tax exempt. In some cases, he does not itemize his
expenses on the tax-exempts. For example, in 1998, the Rainbow
Push Coalition cited 1.2 million dollars in travel expenses. But
no receipts were provided in the Illinois tax return. You try
that.

In 1982, the IRS reviewed Jackson's nonprofit status. About one
million dollars was unaccounted for. Jackson was ordered to repay
about seven hundred thousand to the government. It took him years
to do it. The IRS did not charge him interest or a penalty. You
try to get that deal.

Jesse Jackson is a millionaire but does not have a full-time job.
He gets paid to speak and apparently has a steady income flow. He
provided his mistress with $40,000 in moving expenses, a $365,000
house and $10,000 a month in child support. Was any of that tax-
exempt money? Enquiring minds would like to know.

The government seems to be afraid of Jesse Jackson. He has not
been audited since 1982, even though he was a million light. The
press is afraid of Jackson, as well. The New York Times played
the mistress story on page 26.

The reason the powers that be are afraid is that Jackson will
demonize his opponents in a heartbeat. He'll slap you with a
racist tag, and if you really annoy him, he'll picket you and
urge his supporters to drive you out of business. He is not a man
to be taken lightly.

Last year, Jesse Jackson went to Mississippi and told the world
that the authorities were covering up the murder of a young man
found hanging from a tree. Of course that wasn't true. The
evidence was overwhelming that the man committed suicide. Jackson
never apologized.

A few months ago, Jesse Jackson ran down to Florida and told the
world the state willingly disenfranchised thousands of black
voters. No proof was presented, but the NAACP has filed a
lawsuit. I am anxiously awaiting the depositions, as no
journalist has uncovered any pattern of organized unlawful acts
against African-Americans. But Jackson is positive there was a
conspiracy. Just as he was positive about that young man in
Mississippi.

Jesse Jackson has many enemies, but few are willing to talk on
the record. One very powerful man in Washington told me that he
wanted Jackson to join a group that was going into the inner
cities to speak to small children about the horrors of drugs.
The group would have garnered a tremendous amount of publicity.
Jackson declined to participate.

The CEO of the company Cypress Semiconductor told me that Jackson
demanded his company hire "consultants," people close to Jackson,
for advice on how to in

tegrate the company. As Cypress is very well integrated, the CEO
told Jackson to take a hike. Many executives would not have done
that and would have hired Jackson's pals. Is there anything for
Jackson at the end of the "consulting" rainbow? Once again,
enquiring minds want to know.

Jesse Jackson is the most visible African-American leader in the
country. As such, he holds and wields tremendous power. He has
been financially unchecked for the past 18 years. He has rammed
his political and social agenda down many throats. Now he has
been disgraced and should be thoroughly investigated by the
government. But whether Congress or the Bush administration has
the courage to do this remains to be seen.

What is apparent, at least to your humble correspondent, is that
Jesse Jackson has run afoul of forces far more powerful than
auditors or politicians. His karma status is dubious, to say the
least. His spiritual student, Bill Clinton, somehow beat the
karma rap, at least in the short term, and sprinted from the
White House yelling to anyone who would listen that he was a big
plus for the country.

Will Jesse Jackson be able to pull a Clinton and come back from
disgrace? It certainly is possible. Especially if nobody bothers
to look any deeper than the sex business. But the real stories
about Jesse Jackson -- and Bill Clinton, for that matter -- are
yet to be told. And unless the government begins to toughen up,
the likelihood is that they never will be.



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                     *Michael Spitzer*  <[EMAIL PROTECTED]>
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  The Best Way To Destroy Enemies Is To Change Them To Friends
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