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Why Does The Left Love FTX?
Why does the Left love FTX, and common criminals as well? Is it because they disdain those who work with their hands, with the exception of doctors who perform abortions.
They laud actors who play gangsters. Is that because gangsters earn money the old-fashioned way. They steal it. Is that why Soros prosecutors are so popular with Democrats.
Perhaps it’s the big checks they send to Dems. They love teachers’ unions but when Dems and some Republicans intervene in a railroad strike that will disrupt the supply chain is because of the fear that designer ice cream will be unobtainable over the Christmas holidays.
Have they run out of nannies, lawn care, gardeners, maids, new voters, and busboys at their favorite restaurant, so the southern border must not be closed.
Oh, some say they will return FTX money to charity. What about those that lost their money investing with FTX. The celebrities that made money from advertising FTX are strangely quiet.
Venezuelan oil workers will earn a paycheck, Chinese slave labor will earn money for Apple, Wal-Mart, Nike, Adidas, and other US businesses.
What a wonderful world. That’s my Happy Hour rant.
Published in General
They’re being sued.
I’ve heard an interesting rumor that the immediate cause of the Magic Kingdom coup was that Disney had a few shekels in an FTX account.
Maybe more than a few.
Saw somewhere that Tom Brady actually was “in,” heavily. I figure if he’s honest and advocates putting others’ money where his is (as long as he’s not getting an MLM or Ponzi squeeze), that’s different from simply taking the money and making the ad. Anybody taking financial advice from a sportsball superjock can suck it up on their own account.
FTX was a Ponzi scheme established to enrich its founders first, and to direct money to Democrat coffers second. That’s all one needs to know to understand how this is playing out.
One tactic that some investment organizations who enlist celebrity endorsements is to give the celebrities minimal “positions” in the investments in question. So the celebrities have “skin in the game” even if the skin isn’t any of theirs.
FTX whole rationale was to steal from others to both enrich themselves and give to “good” causes.
Sounds like a good summary of progressive ideology. Isn’t that what all the progressive politicians do?
I heard he got wiped out. SOmewhere. On the internet.
Dressing like a kid all the time, doing cool tech-based stuff with no connection to actual manufacturing or boring brick-and-mortar businesses, getting rich quickly and effortlessly just for being hip and appearing clever, SBF personifies the American Dream for his generation. And then spending millions to save whales and to elect liberals…
Being fabulously rewarded for one idea is also close to the paradigm for new policy thinking. We can simply imagine and thus expect cheap alternative energy, we don’t need any of the moral and practical wisdom collected over the last 5,000 years if we are woke and have good intentions. The legal and political structure, economic realities, actual geopolitical threats, and human nature itself are all just annoyances that can be wished into the cornfield (ref: Twilight Zone episode It’s a Good Life).
People of the Left are gullible and will fall for almost any scheme that sounds new and “transformative,” even if it’s the same thing that’s failed many times before just dressed in different clothes.
Isn’t it appalling that the so-called two top people in this FTX scandal were supposedly highly educated adults who went to prestigious schools and the parents of these idiots are actual professors at prestigious schools? This is how they raise children? And they are teaching other young adults?????
Of course, many of us would like to know exactly who was the puppet master handling Sam B Fried.
As Catherine Austin Fitts has repeatedly stated, any time a young fair haired boy genius arrives on the scene, and days, not weeks, but days later lands multiple guest appearances on news segments across the dial, we in the public should be wary.
Especially if then the Boy Genius gets to answer such penetrating questions as “What is the color that you prefer the bean bag you sleep on to be? Do you go in for red, green or black?” the public should feel the hairs on the back of their necks going up.
If you or I or anyone we knew announced a plan for our brand spanking new org to make everyone who invests in our crypto currency a millionaire, we’d be asked hard ball questions. Like what was our business plan? What were our professional accomplishments to date?
Of course when an average guy or gal comes up with a scheme, even if it has far more value than the business model Sam B Frie’s was offering, it’s unlikely we would be the talk of news segments across Mainstream media.
All the “Boy Geniuses” that have come about, from Gates at MicroSoft, to Brin of Google to Zuckerberg of Facebook, have turned out o have been deeply supported by and in bed with DARPA and Big Surveillance.
Sam B Fried was the face behind the money extortion platform, and whoever was behind this “genius” knew from the start that the plan was genius, not tousled haired Sam. Money was delivered in vast amounts, and even Ukraine got into the act – returning the big bucks Congress had sent over there back to the USA via FTX so that coffers for Dem candidates, and Republican candidates, could be filled.
So it is not really that odd that the media stayed rather silent on how strange the FTX affair was until days after the midterm elections.
With that skill set he should run for Senator from Pennsylvania.
I heard they had someone else in the company funnel a lot of money to Establishment Republicans, as well.
I’ve heard him speak. He’s almost incoherent enough.
From what I saw, donation went 100:1 for Dems. Just enough to say “gave to both.”
The left loves Ponzi schemes – see Social Security and Medicare
Dead on and so are most comments, but most on the left are innocent or just ignorant. Folks suffer a deep ignorance of Washington and big state governance and believe that the folks who run Washington are the same as the folks who run their own political systems. Even people on our side seem to believe that if we get the right folks in charge we can govern big states and Washington honestly and well. We can’t for the simple reason it can’t be done. Big and giant mean matters must be run by a narrowing clique. That has always been the case and always will be. Giant business can run itself because it has a bottom line, but it must have to compete. If Washington or giant state governments have enough power to deeply shape private sector matters and key business environments, big business will join them. That is what has happened. The rot is becoming total. Not because bad folks have taken over, but because power does that, and the reason the US was so successful is that folks had to compete bottom up. Is there a 50 state fix? Probably not, but we’re seeing some states begin to sort it out. (This narrative ignores China which mostly makes the issue more acute, but doesn’t change its nature.
Both.