-Caveat Lector- {{Well, the mystery is solved as to how Jesse can afford his wardrobe and limousine and mistress, etc. Looks like he has been shaking down the phone companies pretty regularly, too. The CEO or CFO of Quaker Oats complained that Jesse tried to extort money from that company, too, with his standard claims of discrimination, etc. Now we know why he was so very concerned about the election. It wasn't the voters in Florida at all but rather his position as a "Friend of Bill" which prevented the IRS from auditing him as they did other charities. Note the one $55,000 federal grant unaccounted for. The $12 million in and $47 THOUSAND out for the educational charity really does need to be explained. I am sure there is a perfectly good explanation for all this. AKE}} "Let's get right to the Jesse Jackson situation in the Talking Points memo. As you may know, The Factor has been trying to get financial information from Jackson for more than a year. We are not accusing him of anything, we just want to know where Jackson's tax-exempt money goes. By law the public has a right to know that. Jackson has set up four organizations: two are tax exempt and two are not. Millions of dollars annually pour into these concerns. Where that money goes is difficult to figure out. The Washington Post is reporting that a document from Jackson's tax-exempt Citizenship Education Fund addressed to his mistress, Karen Stanford, after she became pregnant details how she would get money from the fund. Apparently, The National Enquirer has this document. Of course it is illegal to use tax-exempt dollars for private use. Jackson's people say the document was never approved. The Factor has obtained tax returns for the Citizenship Education Fund from 1998 and 1999. In those years the fund took in nearly 12 million tax-exempt dollars but paid only $1.5 million in salaries and wages and spent - get this - only $47,000 on education Let me repeat that. Out of the $12 million the Citizenship Education Fund received, just $47,000 went for actual education. Now, Jackson's mistress, Ms. Stanford, worked for the fund. But her salary isn't listed. Jackson's people will not tell us how much she made and they will not tell us how many people work for the Citizenship Education Fund. Jackson himself is not listed as receiving any salary. By the way, Stanford conceived Jackson's baby sometime around August of 1998 and subsequently moved to California to live in a $365,000. Jackson's people tell us Ms. Stanford received $35,000 in severance pay and published reports say Jackson pays her a considerable amount in monthly support. Once again, tax-exempt organizations are supposed to be accountable to the public. So why we cannot find out Ms. Stanford's salary history remains a mystery. Also remaining a mystery are Jackson's travel expenses for the Rainbow/PUSH Coalition in 1998. He has listed $1,242,854 dollars for travel and conference expenses. But the specific charges - that is where the travel was to - are not provided. Another major question is, why hasn't the IRS looked into Jackson's finances - considering he reportedly has a history of financial problems in this area: . In 1983, the Chicago office of the Department of Education questioned or disallowed more than $2 million in expenditures for operation Rainbow/PUSH. . In 1984, a Federal Election Commission audit of Jackson's presidential campaign showed it under-reported donations of $826,000. . In 1988, PUSH Excel agreed to pay the federal government $550,000 in undocumented expenses of federal grant money. That's tax money from you and me. Also in 1988, an audit of Jackson's '88 presidential campaign resulted in a record $150,000 fine for accepting excessive campaign contributions. Once again, Jackson's finances have not been investigated for 12 years - since 1988. The question for the IRS is, why not? In 1999, The Factor has learned, that Jesse Jackson had a huge year. He accepted the following donations: . $500,000 dollars from SBC Ameritech . $375,000 dollars from Bell Atlantic . $625,000 from GTE . $377,000 from Viacom and $142,000 from AT&T. And there are many more. It is obvious to anyone - including our federal government - that there is big money coming in to Jesse Jackson's organizations. And it is obvious that he has had past problems accounting for some of the money. Once again, The Factor is stunned that there is not more oversight. We will continue our investigation. And that's the memo." ------------------------------------------------------------ -------------------- "Time now for the Most Ridiculous Item of the day. It didn't take long for Bill Clinton to start cashing in. He has just signed to give a speech to Morgan Stanley Dean Witter and will be paid - are you ready - $100,000. Now he only has to make $7,900,000 more to catch up to Hillary. Ridiculous? You make the call." ------------------------------------------------------------ -------------------- Learn more about Bill O'Reilly, send your comments to [EMAIL PROTECTED] "It is obvious to anyone - including our federal government - that there is big money coming in to Jesse Jackson's organizations. And it is obvious that he has had past problems accounting for some of the money. Once again, The Factor is stunned that there is not more oversight." Privacy Statement For FoxNews.com comments write to [EMAIL PROTECTED]; For Fox News Channel comments write to [EMAIL PROTECTED] © Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. © News Digital Media 2000. All rights reserved. <A HREF="http://www.ctrl.org/">www.ctrl.org</A> DECLARATION & DISCLAIMER ========== CTRL is a discussion & informational exchange list. Proselytizing propagandic screeds are unwelcomed. Substance—not soap-boxing—please! 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