Monday, November 14, 2022

This Is How Incredibly Bad The FTX Scandal Is

WNU Editor: From Small Dead Animals (see below): 

Tarl Warwick (aka ‘styxhexenhammer666’) has a comprehensive take on how incredibly bad the FTX scandal is. In case you’ve been sleeping under a rock, the basic scam is this

* The Democrats have ginned up the Ukrainian War and convinced Congress to donate billions in taxpayer money to Ukraine. 

* FTX convinced its investors that a good portion of its profits would be donated to the National Bank of Ukraine

* There are strong suspicions that some portion of this money sent to Ukraine was not used to fight Russia but was instead reinvested in FTX. 

* The Chief of FTX, Sam Bankman-Fried, was the #2 donor to the Democrats, just behind George Soros. To think that this didn’t buy him some “protection” would make you very naive. 

The fact that the legacy media is not openly reporting this massive scam is telling.  

Update: One half of The Duran provides his analysis, about 5 minutes into this video.  

Update 2: Robert Barnes and Viva Frei share their thoughts.

6 comments:

Anonymous said...

"The Democrats have ginned up the Ukrainian War and convinced Congress to donate billions in taxpayer money to Ukraine. "

Uhhhh no. The Russians started the war.

"There are strong suspicions that some portion of this money sent to Ukraine was not used to fight Russia but was instead reinvested in FTX."

That is a scandal. I for one am not convinced that it will hurt the Democrat party much.

"Michels argues that democratic attempts to hold leadership positions accountable are prone to fail, " - wikipedia

1) since with power comes the ability to reward loyalty,
2) the ability to control information about the organization, and
3) the ability to control what procedures the organization follows when making decisions.

"All of these mechanisms can be used to strongly influence the outcome of any decisions made 'democratically' by members"

For example there is ranked choice voting in Alaska. This is new. This is #3. Ranked choice might make it extremely hard or impossible to get a real Republican elected in the state. RINO/Democrat Murkowski is perfectly happy with it. She is thinking "If I can't have her, then no one can." If she cannot win in the Republican Party primary, she would rather a Democrat win the office. The s___ McConnel backs Murkowski.

There are all sort of election mechanics that turned the red wave into the red trickle.

#2 is obvious, The legacy media will fly wingman to the DNC to protect the DNC.

It is why I suggested using the truth. Use the truth not in a piece meal fashion for the press to spin each one, one at a time. Use is Blitzkrieg or Soviet Deep Battle style.

The FTX scandal is being covered. You can cover news truthfully with some omissions and nonetheless cover up with the sheer volume of other news.

The executives of the FTX are not arrested right away. If they were, they would have t be arraigned right away, it might make a blip into a mole hill. So they wait. See if they can get them for something else. something not tied to DC. Threaten them with 100 years or more and then have them cop to something less sever not connected to DC.

Fucking with the US and trying to keep the Us electorate and politics roiled up seems like a smart move. It is not. That might have worked anytime from the 1920s through 2010. It does not work anymore. See the Iron Laws. The truth might work. As Guderian said punch don't tickle.

Anonymous said...

"The fact that the legacy media is not openly reporting this massive scam is telling. "

1/2 right


I looked the FTX scandal on local news site. The local news site covers national news, but it had not covered the FTC scandal in the last 2 days.

I looked up the story on Yahoo. It was there. they covered the hacking/theft angle. You can prosecute and jail someone for hacking and never mentioned the DNC. Thsat story scrolled right off the web page.

Now the next FTX story is that the SEC chairman should have done something. Talk of the biggest thieves? Nada!

Saw this comment:

4 hours ago
Major Democratic donor.
The laws will be amended to sweep this under the rug.


So many people know what is up. See how cynical the commenter is? However news and events are coming at them like from a fire hydrant. It is real easy for the Democrat leadershit to cover this up.

RussInSoCal said...

It is telling that everyone who had anything close to a relationship with this very strange male is now very publicly putting miles between them and the tragic hair soy boy. Just another Democrat money laundering scam.


BIG,
MAN,
BOOBS,

R,

Anonymous said...

Joe Biden: Elon Musk's foreign ties should be investigated

Also Joe Biden: Congress is going to take money from American taxpayers and then give it to Ukrainian bankers, who will invest it in my friend's crypto scheme, who subsequently take that crypto and convert it back into money via CoinDesk and then give it to me and my party.

Anonymous said...

The Democrat party is almost pure crap.

On the other side of the aisle Minority leader McCarthy is under attack for being an useless, no load. Assuming that the Republicans get control of committees they can investigate and have the investigations go nowhere due to Democrat intransigence and the media flying combat air patrol.

Hans Persson said...

We know were in the twilight zone when were looking at jesus on youtube talking about crypto..