AMERICA: THE RICH GET MUCH RICHER, POLITICIANS SUCK BRIBES, ILLEGALS GET THE JOBS TO KEEP WAGES DEPRESSED AND MIDDLE AMERICA GETS THE TAX BILLS TO COVER THE ECONOMIC CRIMES OF WALL STREET.
They have now uncovered proof that Joe Biden and his family are being paid by China, our mortal enemy. The fact that the sitting president of the United States is probably committing treason should alarm every American.
I can no longer remain in today’s Democratic Party that is now under the complete control of an elitist cabal of warmongers driven by cowardly wokeness, who divide us by racializing every issue and stoke anti-white racism, actively work to undermine our God-given freedoms, are hostile to people of faith and spirituality, demonize the police and protect criminals at the expense of law-abiding Americans, believe in open borders, weaponize the national security state to go after political opponents, and above all, dragging us ever closer to nuclear war. TULSI GABBARD
Matt Taibbi: Biden’s push for a Disinformation Governance Board is ‘terrifying’
Peter Schweizer: Americans Have Gone to Jail for Doing Far Less Than What Hunter Biden Has Done
https://mexicanoccupation.blogspot.com/2022/08/protecting-biden-crime-family-gamer.html
“Protect and enrich.” This is a perfect encapsulation of the Clinton Foundation and the Obama book and television deals. Then there is the Biden family corruption, followed closely behind by similar abuses of power and office by the Warren and Sanders families, as Peter Schweizer described in his recent book “Profiles in Corruption.” These names just scratch the surface of government corruption.
JOE BIDEN is known as a serial liar, a "public servant" who has
somehow managed to accrue tremendous wealth, a race-baiting
opportunist, a Catholic-in-name-only, and a bought-and-paid-
For politician in bed with criminal cartels and foreign foes. In
another era, Joe Biden would have been run out of his country much
the same way Benedict Arnold was two and a half centuries ago; in
an era when integrity, honor, fortitude, fidelity, and grit have been
jettisoned for immorality, unscrupulousness, weakness, betrayal, and
craven pliability, however, he is elevated to king sleazeball in a city
drowning in sleaze. JB SKURK
For starters, let's define the "fentanyl crises" for what it really is: Chemical warfare, effectively perpetrated on the American people by the Chinese communist government and their Mexican-cartel allies. This administration's open border, which is clearly an intentional policy, marks Biden and Harris as co-conspirators in what's arguably the CCP's chemical-weapons assault on U.S. citizens. RICHARD MORSE
RReport: 62% of American Consumers Live Paycheck to Paycheck
A report revealed 62 percent of United States adults live paycheck to paycheck.
A report by PYMNTS and LendingClub, a peer-to-peer lending platform, revealed that as of February, 62 percent of Americans live paycheck to paycheck, including 48 percent of high-income consumers.
The report noted that though inflation is lower than it was in July, consumers are still contending with rising costs.
“Inflation has made life more and more expensive, and consumers have already made moves to cope, such as pulling back on discretionary expenses,” the report read. “But one can only pull back so far on spending, and PYMNTS’ data reveals that consumers are finding another way to navigate their lower purchasing power.”
The report observed that for some people “supplemental income may be the key” and noted that about a quarter of consumers had a side job in addition to 17 percent who had other forms of supplemental income.
The report noted 39 percent of those who lived paycheck to paycheck “with issues paying their bills” mentioned “extraordinary expenses” as their reason for seeking side work.
Some 55% percent of respondents reported their supplemental income grew as a share of their total income over the last 90 days.
The report surveyed 4,125 U.S. consumers from Feb. 7 to Feb. 23 and also considered economic data from other sources.
A February press release from LendingClub indicated that in January 60 percent of consumers were living paycheck to paycheck, two percent lower than in February.
The press release also touched on data about outstanding credit card balances, with the average consumer having credit card debt totaling 35 percent of their savings.
However, this figure varied among different consumer groups. Those who indicated they were living paycheck to paycheck without issues paying their bills maintained credit card balances equaling 62 percent of their savings, and those who were living paycheck to paycheck and had trouble paying their bills had credit card debt exceeding their available savings by more than 50 percent.
Overcoming America's Political Paralysis
Why are some Americans having such a hard time figuring out what is happening to our country? And for those who do see, why are so few taking action?
One in four Americans say they know someone who died from the COVID vaccine, and 50% now have less trust in government health experts. Sixty-seven percent say they "weren't surprised" hearing that COVID came from a Chinese lab.
Most voters agree that the FBI has been weaponized by the current administration, and 61% believe that government agents helped provoke the J6 riot.
Ninety-one percent think bail should be set for criminals who may be a danger to the community.
Fifty-four percent think Biden is lying about his family connections to China.
Fifty-five percent of Arizona voters say issues in Maricopa County likely affected the 2022 results.
Sixty percent think climate change is a false religion, not scientific fact.
Most Americans now have zero trust in their government — the way it responds to health crises, the fairness of our law enforcement agencies, or its ability to conduct free and fair elections. We think our president is a puppet of China.
So why does life seem to continue as normal? In other countries, when elections are stolen or Social Security benefits are taken, it means rioting in the streets.
Why do we put up with policies pushing climate change and wokeism that make zero sense? Who could entertain the idea that children can be given sex change treatments when just a few years ago, they were expelled from school for taking an aspirin without permission?
Why are we giving any of this "New World Order" nonsense any traction at all?
How are massive banks being run by idiots (with zero banking experience) who treat billions of dollars as their personal woke piggy banks, and take billions for personal cash while donating generously to the Democrats?
In 2014, BallotPedia studied congressional leadership income gains from 2004 to 2012 and concluded that most of our elected leaders are millionaires, while average Americans don't have $5,000 for an emergency. During that period, American household income decreased by 0.94% per year, while congressional income increased by 1.55%. But for the "top 100" congressmen, the increase was 114% per year, and the top 20 enjoyed an increase of 422% per year!
What would the figures would be for 2014–2022?
Our leaders become rich while in office and claim to represent us honestly, but all efforts to curb insider trading are met with stiff resistance?
The same goes for all government regulators in business, health, and other industries. They work "for the people" for a few years and quickly transition to lucrative consultant or lobbyist positions for the very industry they were regulating.
Americans may be in collective shock, as everything we have thought about the greatness of America has been demolished in ten short years. Perhaps the constant barrage of social guilt over our history of racism and sexism has short-circuited any objection to proposed liberal policies. They just want what is fair, right?
We learned from a young age that America is an exceptional country, a "shining city on a hill." Every person yearning for freedom and opportunity will do almost anything to become an American citizen. We looked down on those poor third-world countries with their corrupt dictators and even more corrupt bureaucracies and made fun of communist countries, where you must bribe a public official to get a job or get your child into a good school.
We thought the U.S. was better. We are a rich country with a tradition of public service. Our boys went to war in 1945 to save the rest of the world for democracy.
We are finding it hard to believe that a rich country doesn't mean less corruption; it means more. America is the prize of all prizes. There is more to steal, and there are more sophisticated ways to steal it. When crooks are caught, the legal system can be bought off if you "know the right people." Lobbyists actually write our laws!
Admitting that we've been victims of a massive con, where our everyday lives are tainted by corruption, is extremely difficult. From the politicians we have voted for and their undelivered promises to government bureaucrats who really run things, it's hard to admit that everything we thought about our noble country was a sham.
It's easier to fool people than to convince them that they have been fooled.
Separating the truth from the lies is like assembling a massive jigsaw puzzle with no edges and no picture on the box. You pick through the pieces and assemble sections, but it's hard to discern the big picture.
The mystery of the "January 6 insurrection" was one essential part of the puzzle. Why did the government arrest innocent people and then throw them in prison, mostly incommunicado, and then ferociously hide all interior video footage? The brave twins at the Gateway Pundit finally explained the reason. Turns out the "insurrection" was declared and the Capitol chambers were emptied just minutes before the vote was to be taken to certify the fraudulent 2020 results. When they reconvened later that evening under "emergency rules," the certification was rushed through without objection.
We are the world's richest banana republic. Wikipedia defines it as "a country with an economy of state capitalism, whereby the country is operated as a private commercial enterprise for the exclusive profit of the ruling class."
We must now realize that in our corrupt government, everything they say is a lie. Their job is to divert the American people from the truth of the scam so they can keep stealing. We are now in the final stage, where the corruption is made permanent so nothing can be done to end our slavery.
Thankfully, there are independent sources of information where the grand plans are being exposed: articles on the WEF here and here, stolen elections, the J6 plot here, and here, the Trump prosecution, and China's plan for world domination. The puzzle pieces are finally fitting together.
The good news is that the forces against us are smaller and weaker than they let on. They still need us to capitulate to our own slavery.
Talk is cheap; action is priceless:
- Get educated and share what you learn with family and friends. Hillsdale has a free course: "The American Left: From Liberalism to Despotism."
- Writer Allen J. Feifer suggests that we support honest political candidates, reread the Declaration of Independence, and speak the truth to all about corruption.
- Wayne Root suggests a Trump flu strike.
- Ellen Walter suggests we ally with non-woke businesses and industries.
- Become a James O'Keefe whistleblower.
- Fight back through local political issues.
- Buy a new pillow and support the free press.
- Be street-smart if you protest.
- Listen to a song, or write your own.
- Share videos that expose the lies about COVID, the border, systemic election fraud, banks (here, too), sex changes, J6, and climate change. Go to Rumble and BitChute for uncensored videos. Try FreeSpoke and Yandex for censorship-free searches.
- Starve the enemy — boycott woke products and services.
- Resist all efforts to create a "cashless society." Digital money is the end of freedom.
- Use honest news sources, here and here.
- Send your other ideas to me to include in future articles.
Our ultimate solution is a top-to-bottom housecleaning — term limits, ban all lobbying except from private citizens, monitor all campaign donations, clean up the FBI and the woke military.
We must return our country to greatness again.
Jack Gleason is a conservative political writer. For reprint requests on other websites, inside information for important issues, article requests, or comments, contact him at jackgleason9@protonmail.com. Recent articles: https://www.americanthinker.com/author/jackgleason and https://canadafreepress.com/members/1/JackGleason/1249.
Image: Eric Fischer via Flickr, CC BY 2.0 (cropped).
How Will We Know When We're Winning?
It's been said that we are currently in a battle for the soul of America. It's an appropriate turn of phrase, theologically speaking. Just as God wants to save souls and restore them, patriots want to save the soul of America as founded, restoring her to her place as "the shining city on a hill" once again. Just as Satan wants to destroy souls and subjugate them, leftists seek to destroy the soul of America as founded, subordinating her to the interests of globalists and the ambitions of our communist adversaries, particularly China.
American leftist ideologues — those Democrats philosophically aligned with our communist adversaries — have been part of the Democrat Party for decades. In the last few years, though, these leftists and our communist adversaries have finally made their move.
Leftists have now fully taken over the Democrat Party. They've purged any Democrat politician holding office who wasn't on "the team" by using the primary process. The Democrat Party, as we once knew it, doesn't exist anymore. Further, Chinese connections and money have coerced established, regular politicians into joining "the team," turning them into willing allies of the leftists. This may even include some Republican leaders, who now seem to be active saboteurs of their own political party.
I'll refer to this alliance of Democrat leftist ideologues and Chinese-owned politicians from both sides of the aisle as "the left." That is the force currently destroying the soul of America. For those of us who want to save the soul of America, the left is the enemy. We "patriots" must defeat this enemy, or the country is lost.
The left arranged that the battle for the soul of America would be fought on a battlefield of its choosing. This is a propaganda battle, where the left has falsely shaped public perception to camouflage itself after seizing control of our government. Leftists carefully prepared this battlefield ahead of time, and they are strongly dug in. Now we have no choice but to fight them on this battlefield.
Leftists began by preparing a series of false narratives. They used COVID-19 as an excuse to change voting laws all over the country to help them steal elections, starting with 2020. They instigated violence during a massive protest of the 2020 stolen election to fabricate the January 6 narrative of an "armed insurrection." That false narrative was used to justify weaponizing the FBI and DOJ to jail protesters without trial and censor all political opposition on social media, in open defiance of the U.S. Constitution. They have worked to convince the public that they represent the majority of Americans, and that all those who oppose them are racists and white supremacists. They have relied on their nearly total control of the media to propagandize the public and keep the truth hidden.
By September of 2021, we patriots were perilously close to being permanently shut out of government because of widespread election-rigging. We had been almost completely silenced in the public square, and we had been outmaneuvered in terms of strategy. The battle for the soul of America was about to be lost.
Then, as often happens in war, we caught a huge break. Elon Musk bought Twitter, discovered that the federal government had been hiding important information from the public and engaging in the censorship of conservatives, and decided to blow the whistle by releasing the information via "The Twitter Files." That happened in October of 2022, a couple of weeks before the 2022 midterm elections.
With that, the carefully laid plans of the left began to unravel. Public reaction to the Twitter Files probably stopped leftists from retaining control of the House of Representatives in 2022, which was catastrophic for them. Patriots suddenly had a beachhead in government from which to fight. The new Republican representatives came to the House determined to halt the destruction of the country by the left. They formed a coalition, taking control of the process of electing a new speaker of the House, forcing the formerly squishy minority leader, Kevin McCarthy, to make major policy concessions to secure their votes.
That coalition has pressed McCarthy to battle the left and has supported him every step of the way. McCarthy and the Republican patriots in the House have been effectively working together to right the ship of state. There are several investigations into such items as FBI and DOJ censorship and the suppressed information regarding COVID-19. McCarthy released hidden video evidence exposing the false January 6 narrative, and Tucker Carlson publicly revealed those lies to his huge national audience. They have now uncovered proof that Joe Biden and his family are being paid by China, our mortal enemy. The fact that the sitting president of the United States is probably committing treason should alarm every American.
The left chose the public perception battlefield, but now it is losing control. How can we tell? Polls reveal that most of the false narratives constructed by the left are crumbling. There is growing public outrage at the weaponization of the FBI and DOJ. People are increasingly aware of efforts by the left to censor its political opposition. The public are realizing that the government lied about COVID-19 and tried to hide information from them. The public now know that everything they've been told about January 6 is a lie. Polls reflect that the public believe that the 2020 election was stolen. In a battle for public perception, this is what it looks like when your side starts to win.
What does it look like when your opponents start to lose? They start to deviate from their original strategy and make mistakes. The leaders of the left are panicking under pressure. Sen. Chuck Schumer foolishly demanded that Tucker Carlson be censored by Fox News. House minority leader Hakeem Jeffries ludicrously declared that releasing the January 6 tapes to Fox News created a security breach. They are now launching desperate gambles like trying to indict President Trump and announcing plans to arrest an additional 1,000 January 6 protesters. These foolish demands and desperate gambles are almost certain to further galvanize public opinion against the left. They chose the battlefield of public perception. Now their plan is falling apart.
The left still controls most of the levers of power and has deliberately created a host of disasters, both at home and abroad. Before we can even engage with these problems, we must win our current battle first. To save this country, it is imperative that we rid the government of the left. We hold the House now, and representatives there must continue to publicly expose the left and what it has done. In addition, there are efforts being made to restore election integrity all over the country right now. Fair elections are essential, so we must fully support that effort. We stand to increase our majority in the House and might manage to take the Senate in 2024. With fair elections and the truth about the left exposed, the American people will vote to take their country back from these corrupt frauds who have stolen it. Take heart.
Image via Free Stock Photos.
No Labels Means No Values
I recently learned that a new political party was created and met the requirements for three states to include it. It calls itself the No Labels Party and, according to a video on its homepage, spokesman Ryan Clancy explains that No Labels believes that “every voice counts” in America, and not just one person’s or one party’s. Unfortunately, this party, which implies a new political alternative and offers such abounding platitudes, appears to stand for nothing at all.
Clancy further states in the video that they “are not trying to create a third party” (which they have), that they don’t support particular candidates or interest groups, and that they are “not carrying water,” whatever that implies. As of this writing, Clancy adds that “soon No Labels will present some ideas that speak to American people” and makes it very clear that the 2024 election is the most important in our lives.
According to Clancy, the two major parties have “left us with no good choices.” He adds that this will likely force us to vote for the least bad options. Nothing new here. Agree or disagree, but I feel as though I have only had to choose from the least bad options for most of my voting life.
Image: Blank road signs by bedneyimages.
The No Labels website states:
1. We care about this country more than the demands of any political party.
2. Political leaders need to listen more to the majority of Americans and less to extremists on the far left and right.
3. We are grateful to live in a country where we can openly disagree with other people.
4. America isn’t perfect, but we love this country and would not want to live anyplace else.
5. We can still love and respect people who do not share our political opinions.
6. We support, and are grateful for, the U.S. military.
No Labels apparently wants to unite all those people in the middle to find and promote candidates that represent the true majority of Americans. Don’t get me wrong: These sound like great objectives, but one thing politics has taught me since I began pursuing a degree in government in the late 1980s is to be skeptical about any political claim. With this in mind, the first thing I did was reach out to Abbie, the Midwest Regional Contact at No Labels, with three very specific—even “Yes or No”—questions:
1. This country was founded on Judeo-Christian principles and the Founders made it very clear that the only way it could survive was by maintaining these principles. In other words, you would be free to be a Muslim and worship in the US the way you wished, but any of your Islamic principles that contradicted with Judeo-Christian principles would not be honored politically. Does No Labels consider this as part of its core beliefs?
2. Christians should believe that the conception of a human life is sacred, and therefore abortion is wrong. Does No Labels support or oppose abortion?
3. The country has taken a decidedly Socialist turn over the last 100 years. We should be a conservative Republic following the supreme law of the land as laid out in the US Constitution. Does No Labels believe in the original Founder’s interpretation of the Constitution?
In my email, I added, “These fundamental yes or no questions must be clearly answered if No Labels is to get the support from the people it needs. Unclear answers on these principles are what we get every day from the GOP and the Democrats.”
When I received a response from Abbie (after reminding her of my email five days later), she wrote, “I did receive your message, but I was unsure as how to answer. A lot of the items you mentioned are not the focus of our group. We do not work on reform itself.”
If the reader reviews my questions carefully, I did not ask anything about specific “reforms,” instead asking about basic interpretation of the Constitution and the moral choice regarding abortion. Abbie, the representative for Indiana (and 20 other US States), could not answer any of them.
The rest of Abbie’s message read:
“Just know that No Labels does not actually submit legislation itself, nor do we represent any party. We are here to bridge the divide and find a way to have a working Washington. The candidates that choose to run on our ballot line if we move forward would be candidates that represent the ideals of No Labels as well as be representative of the majority of the electorate.”
Ideals are great, but they must be both meaningful and manageable—that is, they must be specific and have an achievable plan in place, or like other vague objectives, they will never come to fruition.
Another highlighted video on the No Labels site is from an episode of Meet the Press where Former Governor Pat McCrory (R-NC) points out that the current intense division between traditional parties may produce poor candidates and open up the door to a 3rd party. McCrory added that some 40% of American voters are independents.
I will admit that I was initially a “not-Trump.” I believed we had two very poor choices with Clinton versus Trump. I later learned from his executive actions that Trump offered the type of policy management we need, even if it is driven by an obnoxious and somewhat immature person. I campaigned for Trump’s second term, and I am as disappointed as anyone with the devastatingly inept and socialist Biden Administration.
Cliché it is, but the party that stands for nothing will fall for anything. A political party that has no fundamental way of interpreting the Constitution and cannot even answer a question on an important moral issue surely cannot lead to something better than we have today. I’d like to be wrong about all this and watch as No Labels unites the middle tiers of American voters and supports candidates we all love and back, but I’m not holding my breath.
THE BRIBES SUCKING DEMOCRAT PARTY - HOW MUCH DO THE COST US? HOW MUCH DO THEY SELL US OUT
It goes to show the toxic influence of these donations to
Democrats, and some Republicans, too, although those seem to
have been done through an ignorant, unwitting, lieutenant.
Bankman-Fried was the Democrats' second-largest donor, and
all that he did seems to have been done on stolen money. The
Democrats who took this money should be forced to make whole
the defrauded investors since misappropriated money hardly
becomes the property of the person who takes it.
Bankman-Fried’s donations opened doors for him in Washington. He visited the White House four times last year, meeting with top aides to President Joe Biden in order to discuss regulation of the crypto industry, the Washington Free Beacon reported. Bankman-Fried gave $5 million to a pro-Biden political action committee in 2020, and said in June 2022 that he might give another $1 billion to support Democrats in the midterms.
Bankman-Fried donated heavily to Senate and House members who oversee the crypto industry. He gave more than $300,000 in donations to members of the House Financial Services Committee, which held hearings in 2021 and 2022 on the crypto industry, the Free Beacon reported. Bankman-Fried was photographed last year with Rep. Maxine Waters (D., Calif.), the top Democrat on the committee.
Disgraced crypto kingpin Sam Bankman-Fried bribed Chinese officials to unfreeze his cryptocurrency firm’s accounts in China, according to an indictment released Tuesday.
Bankman-Fried paid $40 million in cryptocurrency to the officials in November 2021, federal prosecutors in Manhattan say. Chinese authorities had shuttered the accounts earlier that year as part of an investigation into a trading partner of Alameda Research, one of Bankman-Fried’s firms. The bribe payment worked, according to prosecutors, who said the Alameda trading accounts were reinstated.
Prosecutors slapped 12 additional charges on Bankman-Fried on Tuesday, including conspiracy to violate anti-bribery statutes for the payment to China. He was indicted in December on eight counts of money laundering, fraud, and illegal campaign donations. Prosecutors added four additional charges last month, after one of Bankman-Fried’s former colleagues struck a plea deal with prosecutors.
Bankman-Fried had a history of using his companies as piggy banks to influence regulators. Bankman-Fried paid tens of millions of dollars to political candidates, largely Democrats, in order to "improve his personal standing in Washington, D.C." and "curry favor" with candidates who could help pass legislation to help his companies. He used other executives at his companies to donate millions of dollars more to Republican candidates in order to build bipartisan support in Washington.
Bankman-Fried’s donations opened doors for him in Washington. He visited the White House four times last year, meeting with top aides to President Joe Biden in order to discuss regulation of the crypto industry, the Washington Free Beacon reported. Bankman-Fried gave $5 million to a pro-Biden political action committee in 2020, and said in June 2022 that he might give another $1 billion to support Democrats in the midterms.
Bankman-Fried donated heavily to Senate and House members who oversee the crypto industry. He gave more than $300,000 in donations to members of the House Financial Services Committee, which held hearings in 2021 and 2022 on the crypto industry, the Free Beacon reported. Bankman-Fried was photographed last year with Rep. Maxine Waters (D., Calif.), the top Democrat on the committee.
Published under: China , Crypto , Maxine Waters , Sam Bankman-Fried
WHERE THERE'S A DEM POL, THERE IS A BRIBES SUCKER
FREQUENTLY SIPHONING OFF BRIBES TO
FAMILYMEMBERS AS 'CONSULTANT FEES'.
https://mexicanoccupation.blogspot.com/2022/12/the-bribes-sucking-democrat-party-and.html
THINK BANKSTERS' RENT GIRL MAXINE WATERS!
Judicial Watch investigated the scandal and obtained documents from the U.S. Treasury related to the controversial bailout. The famously remiss House Ethics Committee, which is charged with investigating and punishing corrupt lawmakers like Waters, found that she committed no wrongdoing. The panel bought Waters’ absurd story that she allocated the money as part of her longtime work to promote opportunity for minority-owned businesses and lending in underserved communities even though her husband’s bank was located thousands of miles away from the south Los Angeles neighborhoods she represents in Congress.
Everybody wins when Maxine sells her
endorsement, Maxine's family with cash, and
others with cash turned into newfound power.
The only losers are the voters, who get these
misleading junk mail flyers in their mail and
vote on arguably false premises.
Sam Bankman-Fried: Why isn't that guy in jail?
Democrat mega-donor Sam Bankman-Fried, whose cryptocurrency platform FTX just collapsed in a hail of fraud allegations, pretty well walks around free to do what he pleases, out in the palmy Bahamas.
That raises questions as to what is going on here, why that guy isn't, like Bernie Madoff or the assorted Enron characters, in jail for his misappropriation of customer funds from his cryptocurrency exchange, FTX, through a secret "back-door," to his Alameda Research hedge fund, run by his kinky-weird ex-girlfriend, Caroline Ellison.
FTX did, after all, insist to its cryptocurrency platform customers that it would never use their deposits for speculative trading purposes.
According to Coindesk, an industry publication of the cryptocurrency and related fields:
...FTX and other crypto exchanges are not banks. They do not (or should not) do bank-style lending, so even a very acute surge of withdrawals should not create a liquidity strain. FTX had specifically promised customers it would never lend out or otherwise use the crypto they entrusted to the exchange.
Well, it did.
The kinds of crimes now alleged about the now-bankrupt firm include secretly spiriting customer funds to Alameda for trading purposes, use of FTX assets as collateral so that Alameda could borrow and risk even more on its own behalf, immense personal loans to FTX executives which likely signaled criminal intent-- with Coindesk calling this one a biggie:
The FTX situation has more smoking guns than a shooting range in Texas, but you might call this one the smoking bazooka – a glaringly obvious sign of criminal intent. It’s still unclear how the bulk of those personal loans were used, but clawing the expenditures back will likely be a major task for liquidators.
...bailing out other troubled cryptocurrency exchanges with FTX exchange money, drawing praise as a sort of J.P. Morgan protector of the crypto industry, and the purchase of a tiny U.S. bank in Washington state, which Coindesk compared to the activities of the beyond-filthy Pakistani Bank of Credit & Commerce International's activities, which also attempted to buy itself a U.S. bank, in its case for money-laundering purposes.
All this, while claiming he had no idea what was going on at his company, and drawing lots of fawning press as a result of his help to his leftist charities and Democrats. Coindesk lays out some of the grosser ones:
It is now clear that what happened at the FTX crypto exchange and the hedge fund Alameda Research involved a variety of conscious and intentional fraud intended to steal money from both users and investors. That’s why a recent New York Times interview was widely derided for seeming to frame FTX’s collapse as the result of mismanagement rather than malfeasance. A Wall Street Journal article bemoaned the loss of charitable donations from FTX, arguably propping up Bankman-Fried’s strategic philanthropic pose. Vox co-founder Matthew Yglesias, court chronicler of the neoliberal status quo, seemed to whitewash his own entanglements by crediting Bankman-Fried’s money with helping Democrats in the 2020 elections – sidestepping the likelihood that the money was effectively embezzled.
The guy keeps getting good press despite his misuse of customer funds, which he ending up losing $10 billion of, spoonfeeding to the still-fawning media that he "made mistakes." Notice that Vox is happy to excuse him because he donated to Democrats, and the WSJ seems to be more concerned about these leftist charities, which promoted hideous ideas like "ranked choice voting," than they are about the people who lost their life savings. Some of the leftist press itelf, including vox, was funded by Bankman-Fried, and now is out of its promised grants from him and not happy about it.
That may be some kind of means of warding prosecutors off, the oodles of good press, which makes prosecutors look like bad guys if they go after him.
Prosecutors actually have bigger problems, though, in that in previous cases, such as that of Madoff, the bad guys admitted their culpability and provided their receipts. Bankman-Fried isn't doing that even as everything he says sets off bee-ess meters, as Jim Geraghty notes in his piece in National Review. Ankush Khardori, a former federal prosecutor, wrote a good, knowledgeable piece about the problems they are having on just legal issues in putting this guy away.
What does an investigation of an international financial fraud like this look like? To simplify matters greatly, the government is going to be looking for three things — documents, witnesses, and data — to determine whether SBF or those around him committed fraud. Let’s take these in turn.
He then goes into the problems with all of those matters, in documentations, witnesses, and data, plus the fact that the FTX entity and Alameda Research, are both based in the Bahamas, meaning, outside the U.S. regulatory framework, though they can still bring prosecutions based on U.S. customer losses. Emails may be on foreign servers, Google and other U.S. big tech companies may not be involved in those emails, the emails may have been deleted, the ledgers themselves may be inaccurate, and a lot of people inside the company didn't know what was going on, which will make the investigation take a lot of time.
Other thorny investigations, such as that of Elizabeth Holmes, took years, and this one could, too.
But letting this guy walk around free is problematic, too, because he is busy getting himself good press to turn that bad narrative about himself around so that the prosecutor don't dare act against him and the length of the investigation gives him time to do it.
What we may see is him donating even harder to Democrats than he already has (to the tune of $40 million) perhaps now through shell corporations to keep the lawmen at bay while the fawning press will continue to serve as his apologists. The press, as one commentator noted, devotes more time to 'exposing' Elon Musk, who spends his own money, than it does to SBF, who spends other people's money and loses it. We saw a lot of that going on with the Jeffrey Epstein case -- the knowledge that he had stuff on many prominent Democrats and others seems to have bought some kind of political protection and kept prosecutors at bay, for a time at least, with the Caribbean ensconcement another useful layer.
It goes to show the toxic influence of these donations to Democrats, and some Republicans, too, although those seem to have been done through an ignorant, unwitting, lieutenant. Bankman-Fried was the Democrats' second-largest donor, and all that he did seems to have been done on stolen money. The Democrats who took this money should be forced to make whole the defrauded investors since misappropriated money hardly becomes the property of the person who takes it.
But that might be too much at this stage. What's important now is that Bankman-Fried not be allowed to prop up any more Democrats or their odious wokester causes.
Image: Screen shot from YouTube video posted by Cointelegraph, via Wikimedia Commons // CC BY-SA 3.0
Bankrupt cryptocurrency firm FTX, whose former CEO Sam Bankman Fried spent nearly $40 million to help Democrats in this year's midterm elections, now owes its creditors at least $3 billion.
Judicial Watch investigated the scandal and obtained documents from the U.S. Treasury related to the controversial bailout. The famously remiss House Ethics Committee, which is charged with investigating and punishing corrupt lawmakers like Waters, found that she committed no wrongdoing. The panel bought Waters’ absurd story that she allocated the money as part of her longtime work to promote opportunity for minority-owned businesses and lending in underserved communities even though her husband’s bank was located thousands of miles away from the south Los Angeles neighborhoods she represents in Congress.
CRYPTO - Was FTX Simply a Fraudulent Criminal Scam? $10BN Customer Funds & $2BN Investor Money Lost
https://www.youtube.com/watch?v=ER4vt5ei7sg
MAXINE WATERS IN BED WITH SAM.... JUST FOLLOW THE MONEY!
FTX Disaster - 7 Unbelievable Bankruptcy Discoveries
https://www.youtube.com/watch?v=yJn6IiYid6A
The 30-year-old entrepreneur donated $5 million to a super PAC that supported President Joe Biden in 2020 and $40 million this cycle, largely to Democrats. He contributed $6 million to the House Majority PAC, $1 million to the Senate Majority PAC, and nearly $900,000 to the Democratic National Committee.
Everybody wins when Maxine sells her endorsement, Maxine's
family with cash, and others with cash turned into newfound
power. The only losers are the voters, who get these
misleading junk mail flyers in their mail and vote on arguably
false premises.
What a racket this is for people like Waters. Still no sign of any
legislation to stop this practice. MONICA SHOWALTER
BELOW IS THE IMAGE OF BANKSTERS' RENT GIRL MAXINE. HARDLY SUPRISING HER HUSBAND IS A BANKSTER!
Sam Bankman-Fried and FTX Cronies Gave $300k to House Committee Members Investigating Him
House Financial Services Committee chair Maxine Waters has dodged questions about crypto titan's donations
Sam Bankman-Fried a
Sam Bankman-Fried Aimed to Outpace George Soros as Largest Democrat Donor
Lam Yik/Bloomberg via Getty Images
28 Nov 20220
2:21
Disgraced former FTX CEO Sam Bankman-Fried tried to build a political empire to rival Democrat megadonor George Soros.
Puck News reporter Theodore Schleifer wrote that Bankman-Fried personally bought a Democrat startup, Deck, spending roughly $4 to $5 million to buy out the existing investors to the Democrat analytics firm. Bankman-Fried reportedly heard about the startup from Mind the Gap, a Democrat donor network founded by his mother, Barbara Bankman-Fried.
The purchase of Deck served as Bankman-Fried’s political scheme to be the “biggest donor in the Democratic Party,” even outshining Democrat megadonor.
Democrat megadonor George Soros on January 23, 2020 in Davos, eastern Switzerland. (FABRICE COFFRINI/AFP via Getty Images)
Bankman-Fried and Ryan Salame, co-CEO of FTX Digital Markets, served as two of the largest donors to Republicans and Democrats last cycle. Bankman-Fried fell just below Soros as the largest Democrat donor.
Ryan Salame, co-CEO of FTX Digital Markets. (Twitter)
In all, Bankman-Fried donated roughly $40 million to Democrat politicians and PACs, while Salame gave about $23 million to Republicans and PACs supporting the GOP.
Puck News wrote that the former FTX CEO sought advisers and conducted data experiments to help Democrats in the 2024 election cycle:
I have previously reported that S.B.F.’s team was actively looking for future advisors to join them in drafting “plays” for the 2024 cycle, and that one of those ideas was to fund some more progressive organizations, for instance. Some of those plans were already underway. I have learned in recent days that S.B.F. was already quietly funding some experiments across the Democratic ecosystem, such as randomized-controlled trials that might have yielded data that could help Democrats in 2024, according to two people familiar with the work, by assessing the impact of things like community newsletters, Facebook ads, and so-called “relational organizing.”
In all, the report suggested that Bankman-Fried might have spent roughly $100 million, but according to Schleifer, “That could be an undercount.”
Sean Moran is a congressional reporter for Breitbart News. Follow him on Twitter @SeanMoran3.
Crypto Firm Led by Democratic Megadonor Owes Creditors $3 Billion
Sam Bankman-Fried / Getty ImagesWashington Free Beacon Staff • November 21, 2022 1:32 pm
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Bankrupt cryptocurrency firm FTX, whose former CEO Sam Bankman Fried spent nearly $40 million to help Democrats in this year's midterm elections, now owes its creditors at least $3 billion.
The firm, which was once valued at $32 billion, filed for bankruptcy on Nov. 11, leaving a total of $3.1 billion owed to its top 50 creditors, the Washington Post reports:
The revelations, which came in a filing to U.S. Bankruptcy Court in Delaware late Saturday, offer a striking portrait of the sheer number of entities that had considerably invested in, lent money to, or otherwise engaged with a three-year-old company that had done little to demonstrate it could properly safeguard the assets entrusted to it. Its top 50 creditors are owed a total of $3.1 billion, the filing showed, with the largest due $226 million.
The names of the creditors were redacted. […]
In a separate filing Saturday, new FTX chief executive John J. Ray said the company will seek sales and other forms of capitalization to ensure that as many creditors as possible get their money. He noted that some of the subsidiaries of FTX "have solvent balance sheets, responsible management, and valuable franchises," which could facilitate that process. Some 130 FTX sister companies are part of the bankruptcy filing.
Cofounder and former CEO Sam Bankman-Fried, who resigned when FTX filed for bankruptcy, and other FTX executives gave a total of $300,351 to nine members of the House Financial Services Committee. The largest donations went to Democrats working on regulating the crypto industry, the Washington Free Beacon found. Earlier this year, Bankman-Fried pledged $1 billion to Democratic campaigns in the 2022 midterm election. Now the crypto scion has lost all of his $16 billion net worth.
In the court filing, FTX listed one million potential creditors. Ray said the company is seeking sales and other forms of capitalization to ensure that its creditors get their money, but the process may prove difficult as Ray found serious inadequacies in FTX's record-keeping.
"The main companies in the Alameda Silo and the Ventures Silo did not keep complete books and records of their investments and activities," Ray wrote in the filing, referring to some of Bankman-Fried's entities. He added, "One of the most pervasive failures of the FTX.com business in particular is the absence of lasting records of decision-making."
Published under: Bankruptcy, Crypto, Democratic Donors
Sam Bankman-Fried and FTX Donated over $300,000 to Lawmakers Investigating Him
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Jeenah Moon/Bloomberg via Getty; David Dee Delgado/Getty
19 Nov 20220
4:03
Former FTX CEO Sam Bankman-Fried and his cofounders donated over $300,000 to nine lawmakers who are now investigating the company for wrongdoing.
Bankman-Fried and his cofounders donated $300,351 to nine members of the House Financial Services Committee; the largest donations were to members of the Digital Assets Working Group, which is working on cryptocurrency regulation.
The House Financial Services Committee announced earlier this week that the committee would investigate any wrongdoing by Bankman-Fried and FTX.
Only Rep. Chuy Garcia (D-IL) said he would return a $2,900 donation from Bankman-Fried.
Although Bankman-Fried has donated to Republicans, 95 percent of the donations went to Democrats and Democrat campaign committees.
Bankman-Fried’s PAC, Protect Our Future PAC, spent $199,851 backing Garcia. The disgraced CEO and his brother, Gabriel, gave $40,300 to Rep. Ritchie Torres’s (D-NY) campaign and two of his political committees, the Torres Victory Fund and La Bamba PAC. Bankman-Fried and his head of the regulatory division gave $16,600 to Rep. Josh Gottheimer (D-NJ). Other Bankman-Fried employees gave $500 to Rep. Jim Himes (D-CT), and $9,100 to Rep. Sean Caster (D-IL).
Torres, Gottheimer, Himes, and Casten were all members of the Digital Assets Working Group.
Bankman-Fried also gave $11,600 to Rep. Jake Auchincloss (D-MA) and $5,000 to the super PAC for Rep. Cindy Axne (D-IA).
Bankman-Fried also generously donated to Sens. Debbie Stabenow (D-MI) and John Boozman (R-AR), who have pushed a cryptocurrency regulation bill, the Digital Commodities Consumer Protection Act, a bill that Bankman-Fried backs.
The Washington Free Beacon reported:
His intensive lobbying campaign appeared to pay off before his company’s demise. He supported legislation proposed by Sen. Debbie Stabenow (D., Mich.) and Sen. John Boozman (R., Ark.) that would have subjected the crypto industry to regulation by the Commodity Futures Trading Commission, not the larger and aggressive Securities and Exchange Commission.
Bankman-Fried donated $5,800 to Stabenow’s campaign in February and $20,800 to her joint fundraising committee in January. Bankman-Fried gave $5,800 to Boozman in January and $5,800 to committee member Sen. John Hoeven (R., N.D.) in June. He gave a combined $31,000 to campaigns and joint fundraising committees tied to Sens. Cory Booker (D., N.J.), Tina Smith (D., Minn.), Dick Durbin (D., Ill.), and Kirsten Gillibrand (D., N.Y.), who serve on the Senate Agriculture Committee.
The 30-year-old entrepreneur donated $5 million to a super PAC that supported President Joe Biden in 2020 and $40 million this cycle, largely to Democrats. He contributed $6 million to the House Majority PAC, $1 million to the Senate Majority PAC, and nearly $900,000 to the Democratic National Committee.
House Financial Services Committee Chair Maxine Waters (D-CA) has dodged questions on whether Democrats should return donations from Bankman-Fried and his associates.
Sean Moran is a congressional reporter for Breitbart News. Follow him on Twitter @SeanMoran3.
Waters Has Shoveled Over $1 Million in Campaign Cash to Daughter
Rep. Maxine Waters (D., Calif.) has now dished out more than $1 million in campaign payments to her daughter following the 2020 elections.
Karen Waters has pocketed $1.13 million for providing an array of services for her mother's campaign since 2003. The majority of the cash is for her role in running a controversial slate-mailer operation, in which California politicians gave money to Waters's campaign in exchange for mailers bearing her endorsement.
The mailers have become increasingly lucrative for the younger Waters over the years. During the 2020 cycle, her payments hit a high of $240,000. That's significantly more than the $90,000 her firm, Progressive Connections, took in during the 2006 election cycle. The Federal Election Commission gave Waters the green light for the mailer operation in 2004.
While slate mailers are commonplace in states like California and Oregon, the practice is extremely rare at the federal level. In fact, Waters appears to be the only federal politician to use a slate-mailer operation. As such, the arrangement between her and her daughter has led to complaints from watchdog groups asking the FEC to audit the campaign.
Many prominent California politicians have paid to be featured on the mailers. Vice President Kamala Harris twice shelled out tens of thousands from her campaigns for a spot on the mailers. California governor Gavin Newsom (D.) and former senator Barbara Boxer (D.) have likewise dished out cash for Waters's support.
The practice has received criticism from local media."While some of these mailers reflect the earnest political values of the organizations that put them together, many are pay-to-play money-makers that blur the line between endorsement, paid advertisement and extortion," CalMatters wrote last year.
Waters's campaign did not return a request for comment.
Maxine Waters Pays Daughter Hundreds of Thousands in Campaign Funds
Rep. Maxine Waters's (D., Calif.) campaign paid her daughter hundreds of thousands in campaign funds during the 2020 election cycle, according to Federal Election Commission records.
Karen Waters received $240,000 from her mother’s campaign for a variety of campaign activities, including soliciting campaign contributions from other candidates in exchange for the congresswoman's endorsement on campaign mailers, Fox News reported.
This is not the first time Maxine Waters has used the controversial practice to raise funds for her campaign, and her campaign has paid her daughter for years to help manage the scheme.
From 2006 through 2020, Waters’s campaign shelled out more than $1 million to her daughter—either directly or through Progressive Connections, Karen Waters’s public relations firm—for producing what are known as slate mailers featuring her mother's endorsement of California candidates. Karen Waters raked in more than $200,000 from her mother’s campaign during the 2018 election cycle, the Washington Free Beacon first reported.
Watchdog groups have filed complaints asking the FEC to audit Waters's campaign for using the mailers. The campaign has faced criticism for the mailers since 2010, when one watchdog group first reported that the congresswoman had been paying her daughter to run the operation.
California Democrats including Governor Gavin Newsom, Sen. Dianne Feinstein, and Vice President-elect Kamala Harris have donated tens of thousands of dollars to Waters’s campaign for the endorsement mailers.
Though the FEC caps individual campaign contributions at $2,800, payments for the slate mailers are considered "reimbursements" for Waters’s endorsement. The commission issued an advisory opinion in 2004 allowing Waters permission to run the operation through her campaign.
Waters was first elected to Congress in 1990 and serves California's 43rd Congressional District.
Maxine Waters Unfit to Chair House Financial Services Committee
Considering her record and documented history of poor ethical and moral fitness, it’s outrageous that Maxine Waters is up for chair of the ultra-powerful House Financial Services Committee, which has jurisdiction over the country’s banking system, economy, housing, and insurance.
With Democrats taking control of the House of Representatives, come January the 14-term California congresswoman is expected to head the committee, which also has jurisdiction over monetary policy, international finance, and efforts to combat terrorist financing.
Throughout her storied political career, Waters has
been embroiled in numerous controversies,
including abusing her power to enrich family
members, getting a communist dictator to harbor a
cop-murdering Black Panther fugitive still wanted
by the Federal Bureau of Investigation (FBI) and
accusing the Central Intelligence Agency (CIA)
of selling crack cocaine in black neighborhoods.
A few months ago, the 80-year-old Democrat from Los Angeles encouraged violence against Trump administration cabinet members. “If you see anybody from that Cabinet in a restaurant, in a department store, at a gasoline station, you get out and you create a crowd and you push back on them and you tell them they are not welcome anymore, anywhere,” Waters said at a summer rally in Los Angeles. Judicial Watch filed a House ethics complaint against Waters for encouraging violence against Trump Cabinet members.
Among her most corrupt acts as a federal legislator is steering millions of federal bailout dollars to her husband’s failing bank, OneUnited. Waters allocated $12 million to the Massachusetts bank in which she and her board member husband held shares. OneUnited subsequently got shut down by the government and American taxpayers got stiffed for the millions.
Judicial Watch investigated the scandal and obtained documents from the U.S. Treasury related to the controversial bailout. The famously remiss House Ethics Committee, which is charged with investigating and punishing corrupt lawmakers like Waters, found that she committed no wrongdoing. The panel bought Waters’ absurd story that she allocated the money as part of her longtime work to promote opportunity for minority-owned businesses and lending in underserved communities even though her husband’s bank was located thousands of miles away from the south Los Angeles neighborhoods she represents in Congress.
The reality is that without intervention by Waters OneUnited was an extremely unlikely candidate for a government bailout through the disastrous Troubled Asset Relief Program (TARP). The Treasury Department warned that it would only provide bailout funds to healthy banks to jump-start lending and OneUnited clearly didn’t meet that criteria.
Documents uncovered by Judicial Watch detail the deplorable financial condition of OneUnited at the time of the government cash infusion. The records also show that, prior to the bailout, the bank received a “less than satisfactory rating.” Incredibly, after that scandal Waters was chosen by her colleagues to hold a ranking position on the House Financial Services Committee she will soon chair. The only consequence for blowing $12 million on her husband’s failing bank was a slap on the hand to Waters’ chief of staff (her grandson) for violating House standards of conduct to help OneUnited.
Waters, who represents some of Los Angeles’ poorest inner-city neighborhoods, has also helped family members make more than $1 million through business ventures with companies and causes that she has helped, according to her hometown newspaper. While she and her relatives get richer (she lives in a $4.5 million Los Angeles mansion), her constituents get poorer.
The congresswoman was also embroiled in a fundraising scandal for skirting federal election rules with a shady gimmick that allows unlimited donations from certain contributors. Instead of raising most of her campaign funds from individuals or political action committees, Waters sells her endorsement to other politicians and political causes for as much as $45,000 a pop.
It wouldn’t be right to part without also noting some of Waters’ international accolades. She has made worldwide headlines for her frequent trips to communist Cuba to visit her convicted cop-assassin friend, Joanne Chesimard, who appears on the FBI’s most wanted list and is also known by her Black Panther name of Assata Shakur.
Chesimard was sentenced to life in prison after being convicted by a jury of the 1979 murder of a New Jersey State Trooper. With the help of fellow cult members, she escaped from jail and fled to Cuba. Outraged U.S. lawmakers insisted she be extradited but Waters always stood by her side, likening the cop-assassin to civil rights leader Martin Luther King.
In fact, Waters wrote Cuban Dictator Fidel Castro a letter to assure him that she was not part of the group of U.S. legislators who voted for a resolution to extradite the cop murderer. Waters told Castro that she opposed extradition because Chesimard was “politically persecuted” in the U.S. and simply seeking political asylum in Havana, where she still lives.
In the 1980s Waters accused the CIA of selling crack cocaine to blacks in her south-central Los Angeles district to raise millions of dollars to support clandestine operations in Latin America, including a guerrilla army. During the infamous 1992 Los Angeles riots the congresswoman repeatedly excused the violent behavior that ironically destroyed the areas she represents in the House. She dismissed the severe beating of a white truck driver by saying the anger in her district was righteous. She also excused looters who stole from stores by saying they were simply mothers capitalizing on an opportunity to take some milk, bread, and shoes.
Should this ethically and morally challenged individual, who has repeatedly displayed behavior unbecoming of a federal lawmaker, be at the helm of an influential congressional committee that oversees the financial sector?
CLEARLY WE KNOW HOW MUCH BILLARY, HILLARY AND THE OBOMB MADE SERVICING CRIMINAL BANKSTERS. ALL PAID VIA 'SPEECH' FEES AT ABOUT $500k EACH. OBAMA PRIDED HIMSELF IN MAKING SURE NO CRIMINAL BANKSTER EVER WENT TO PRISON. MOST OF HIS BANKSTERS CONTINUE TO THIS DAY TO PLUNDER WITH IMPUNITY!
KAMALA HARRIS WAS WAITING ON THE SIDELINES IN CA AS A.G. SUCKING OFF WELLS FARGO AND 'KING OF FORECLOSURES' STEVEN MNUCHIN.
THE OLD WHORE FEINSTEIN FOUGHT AGAINST ENDING 'CONSULTANT FEES TO FAMILY MEMBERS' BRIBES AS HER PIMP HUSBAND, RICHARD BLUM WAS DOLING OUT BIG MONEY TO BOXER SO SHE WOULD VOTE FOR ANYTHING THAT BENEFITED THE CRIME DUAL OF FEINSTEIN-BLUM.
FEINSTEIN IS A WHORE FOR RED CHINA, HAS SERVED THEM LONG FOR 'DEALS' THAT HER PIMP MADE. FEINSTEIN HAS LONG VOTED IN THE SENATE FOR ANYTHING THAT WOULD BENEFIT RED CHINA.
FEINSTEIN IS ALSO THE BIGGEST WAR PROFITEER IN U.S. HISTORY. SHE'S SO FUCKING CORRUPT SHE QUICKLY ENDORSED JOE BIDEN FOR THE PRESIDENCY, AFTER ALL, HE'S A FEINSTEIN CLONE.
Maxine Waters's paid-mailer racket snowballs
When we last visited Rep. Maxine Waters's hightly questionable 'slate-mailer' money-making racket in 2019, where candidates and causes get Waters's endorsement in exchange for cash, her daughter Karen who runs the thing had just pocketed $50,000.
Well, the operation seems to have gotten
bigger, and Karen appears to be richer, all from
mama Maxine's simple word of endorsement.
According to Fox News, citing federal election data and a 2018 report from the Washington Free Beacon:
The reelection of U.S. Rep. Maxine Waters to another term in Congress last month proved to be something of a financial windfall for Karen Waters, the California Democrat's daughter, federal election data suggest.
Karen Waters received a total of about $240,000 from her 82-year-old mother’s campaign during the election cycle, Federal Election Commission records show.
The dollar figure appears to mirror what Karen Waters received during her mother’s previous campaign in 2018, when the daughter was paid “more than $200,000,” according to a November 2018 report by the Washington Free Beacon.
Which is nice work if you can get it. Seriously, this person makes $240,000 which is nearly equal to what the mayor of Los Angeles makes, or the average U.S. Senator makes, or Maxine herself makes as a House member at $174,000 a year. It's more than House Speaker Nancy Pelosi makes ($223,500). It's certainly more than California's Gov. Gavin Newsom ($210,000) makes.
All for the little task of assembling a mailer to fill the voters' junk mail takings and then the recycle bins in one part of one county, and collecting cash on the content. Running the country's largest state with the world's seventh largest economy, by contrast, is less important stuff. Karen Waters must be brilliant.
Which raises questions as to why Waters, a far left demogogue, is selling her endorsements for cash, and what the payers of these endorsements, are really getting for their money. We know the Waters machine is strong, but so strong as to merit inflated fees and salaries for Waters and her family? This is known as getting rich while in public office. Waters is the only one who's doing this sleazy machine-politics practice on a national scale, but don't imagine other Democrats aren't also looking to cash in.
Everybody wins when Maxine sells her
endorsement, Maxine's family with cash, and
others with cash turned into newfound power.
The only losers are the voters, who get these
misleading junk mail flyers in their mail and
vote on arguably false premises.
What a racket this is for people like Waters. Still no sign of any legislation to stop this practice.
Image: Gage Skidmore, via Wikimedia Commons / CC BY-SA 2.0
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