Bush: $29 mio. for stealing the election?

Conspiracy theories about a forged Presidential election have been circulating on the web for several weeks. Wayne Madsen, a Washington-based investigative journalist who previously served in the National Security Agency published a especially juicy story that intertwines the Homeland Security, the FBI, $29,000,000 in payoffs, Enron, and the Saudi Royal Family. Here are some excerpts:

According to informed sources in Washington and Houston, the Bush campaign spent some $29 million to pay polling place operatives around the country to rig the election for Bush. The operatives were posing as Homeland Security and FBI agents but were actually technicians familiar with Diebold, Sequoia, ES&S, Triad, Unilect, and Danaher Controls voting machines. These technicians reportedly hacked the systems to skew the results in favor of Bush.(...)
The money reportedly came from an entity called Five Star Trust, largely based in Houston but a worldwide entity that is directly tied to the Saudi Royal Family. Five Star Trust was termed "a well-protected vehicle" that has been used to support both Bush and Osama bin Laden in the US and around the world.(...)
This reporter has obtained a copy of a bank check for $29,600,000 that was allegedly sent to cover the cost of the Texas-based vote rigging operation. The check is dated October 22, 2004, and was made payable to "Five Star Investment Ltd.," a trust said to have long connections to Saudi-funded operations in Texas and around the world. The payer is identified as "Equity Financial Trust," a Houston-based "brass plate" and post office box entity tied to offshore Cook Islands "folding tent" accounts used to hide away profits amassed by the former Enron as well as Saudi financiers.(...)
Other money used to fund the election rigging was from siphoned Enron money stored away in accounts in the Cook Islands, which was once the base of one of the more questionable and Saudi-linked BCCI subsidiaries. Cook Islands banks also handled some of the weapons smuggling financing of the Iran-Contra scandal. A former Justice Department attorney who helped prosecute the BCCI case said the use of the Cook Islands by the Bush reelection team indicates they wanted the bank arrangements to be a "quick folding tent" operation that would cease to exist when the election was over. He said the Cook Islands was notorious for not requiring any documentation for such operations.

Sounds spectacular - but it is true? Plus: Tons of links about election fraud.