We recently had an allegation by a blogger on another site that Obama's grandmother, Madelyn Dunham, and his mother, Ann Saetora, were involved in a plot to get Obama elected in order to create some sort of international new world government. This plot allegedly also involved both the Republicans and Democrats who all colluded together to elect Obama.

I can't address all the issues presented in this argument in one post, so I will begin by addressing just the grandmother.

As most know, Obama was reared from the age of ten by his grandparents. In this blog, the person contended that Obama was hiding his grandmother in Hawaii rather than utilizing her in the campaign.

Her theory was that since his grandmother had been so successful in business back in the 60's and 70's when it was still difficult for women to move into management that she would have been a natural to bring out to speak to women and pull the women's vote away from Hillary.

The rationale for the reason that Obama was keeping his grandmother "hidden" away was because of her alleged collusion in using her position at the Bank of Hawaii as a vice-president who headed the escrow department to begin buying up banks in communist countries as part of this "conspiracy" to set up a world-wide banking system as part of this New World government.

Never mind the fact that the lady was some 87-years-old and dying of cancer. (Madelyn Dunham passed on November 3, 2008).

She supposedly planned from the beginning for her grandson to become President and to eventually head a world-wide government.

This individual indicated that the internet had been "scrubbed" clean of profiles on Madelyn Dunham. Yet, I had no problem finding several profiles, including these:

https://womensissues.about.com/od/influentialwomen/p/MadelynDunham.htm

https://www.mahalo.com/Madelyn_Dunham

https://news.bbc.co.uk/2/hi/americas/us_elections_2008/7681648.stm

https://www.suntimes.com/news/politics/obama/familytree/545449,BSX-News-wotreeee09.article

It is also significant to look at Madelyn Dunham's position at the bank. As head of the escrow department, Dunham worked with local realtors and buyers of real estate in Honolulu serving as her bank's representative to hold money in escrow for a buyer until a transaction completed.

In order for an Agreement to be legal, each side must offer something of value to the other. I was engaged in executing thousands of agreements over the years that I worked in insurance.

I would offer the protection of the company to cover under the terms of the Agreement either the health costs of an individual or his life, depending on the type of Agreement that we might be negotiating. Then the buyer would reciprocate by offering money as his symbol of value. We each then would sign the Agreement, making it a legal contract.

Real estate Agreements work the same, except that they cannot be completed in one day because of the need for appraisals, property inspections, etc. Enter the escrow manager, who agrees, as an impartial third party, to hold a certain amount of "good faith" money for the buyer until the Agreement can be finalized.

Banks often have escrow departments, since they many times are the source of the buyer's funds for his "escrow" money. If the buyer plans to build on a piece of property, the bank will loan him the money to pay the builder in installments as the work proceeds. It may then continue to "carry the loan", or another party may step in to pay off the bank and carry the loan. Usually, the buyer has already negotiated with that third party to carry his loan at a pre-determined rate of interest.

Now, according once more to the information presented on this blogger's post, the Bank of Hawaii began a periord of rapid expansion following the signing of bank reforms by President Jimmy Carter in 1977, which deregulated certain bank restrictions. Those deregulations were significantly expanded by Reagan and Bush. And this allegedly was the beginning of the conspiracy by Madelyn Dunham to eventually place her grandson in the White House and later to become the leader of the world to oversee a worldwide government, including Communist countries.

Now, let's see. Obama was born in 1961, so he would have been sixteen in 1977. Either Madelyn Dunham was the world's greatest clairvoyant or this is a bunch of crap.

Again, as per the blogger's details, the Bank of Hawaii began acquiring bank properties in Japan, Vietnam, and China. I really have no way of verifying this information, so I will assume it to be true for the purposes of this post.

The blogger alleges that this was all somehow orchestrated by Madelyn Dunham. I have to repute that by the facts. First, Madelyn Dunham would NOT have been allowed to serve in any capacity as the holder of funds involving her own employer. An impartial third party would have had to do that.

As a vice-president, she would have probably sat in on meetings and might have had a vote on a proposed acquisition. However, as is always the case with banks, the final decision would rest in the hands of the Board of Trustees.

Federal bank examiners audit all banks at least twice a year, so if anything illegal transpired, they immediately would have caught it.

Whether one likes or dislikes the fact that the Bank of Hawaii acquired or built banks in communist countries is not the issue. The issue is this. What they were doing was legal and within the guidelines of Federal banking laws.

Madelyn Dunham's role would have been minimal, at the very least, if she played any role at all. To somehow infer that this is the beginning of some sort of conspiracy assumes far more than is logical and reasonable to rationally-minded people.