Tag: Bankruptcies

What Is Behind Claim Joe Biden ‘Laundered’ Billions in Ukraine Aid via FTX?

Tina Marie (Ms. Cat)

What Is Behind Claim Joe Biden ‘Laundered’ Billions in Ukraine Aid via FTX?

Multiple tweets, posted between November 12-15, 2022, claim that Ukraine sent billions of dollars sourced from foreign aid to FTX, which was then sent back to the Democratic party.

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Caught in the tailwinds of the scandal, many onlookers have pointed out the links between FTX and U.S. political parties, particularly the Democrats.

Bankman-Fried’s personal contributions to the Democrats have been public knowledge for some time, and he was the subject of a Politico profile in August 2022 that described him as the “newest megadonor,” but he has also made contributions to Republicans.

He tweeted on November 5, 2022, that he was “a significant donor in both D and R primaries. Supporting constructive candidates across the aisle to prevent pandemics and bring a bipartisan climate to DC. And working with them to support permissionless finance.”

“As part of this, @rsalame7926 [FTX Executive Ryan Salame] and I signed up campaigns to accept crypto; and gave some, including millions to Senate & House Republicans.”

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Earlier this year, it was reported by The Intercept that FTX executive Ryan Salame started American Dream Federal Action, his own super PAC focused solely on electing Republicans, into which he invested millions of dollars.

Salame also contributed to the Republican Senate Leadership Fund and Congressional Leadership Fund. These donations were also reported, as per The Intercept article above, prior to the collapse of FTX.

The underlying implication among the claimants—that the Democratic Party was the sole beneficiary of donations stemming from FTX wealth—is provably false.

Related:

FTX’s SBF has made donations to Republican and Democrat parties

First, if there was any money laundering, both Democrats and Republicans were involved. Second, I don’t believe anything that Hal Turner says because he was an FBI Informant,

This Is Where Bankrupt FTX’s Money Went: $74 Million for Caribbean Real Estate; $59 Million to Politicians; Tens of Millions to Big Law, Celebrity Endorsements…

Tina Marie (Ms. Cat)

This Is Where Bankrupt FTX’s Money Went: $74 Million for Caribbean Real Estate; $59 Million to Politicians; Tens of Millions to Big Law, Celebrity Endorsements…

According to data at the Federal Election Commission, Bankman-Fried sluiced $36 million on the campaign coffers of Democrats during the latest campaign cycle. Ryan Salame, the Co-CEO of FTX Digital Markets, the Bahamian subsidiary of FTX, dumped $23 million into the campaign coffers of Republicans and a Super PAC he created to support them, American Dream Federal Action.

S.4760 was introduced by a Democrat and has both Democratic and Republican cosponsors. S.4356 was introduced by a Republican and has one Democratic cosponsor. FTX Digital Markets’ (Bahamian subsidiary of FTX) Co-CEO donated to Republicans, but all we’re hearing about is Sam Bankman-Fried’s donations to Democrats.

Screenshot from OpenSecrets
Screenshot from Ecosia search results

Peter Thiel’s midterm bet: the billionaire seeking to disrupt America’s democracy

Tina Marie (Ms. Cat)

Re-energized this election cycle, the tech entrepreneur joins other mega-donors apparently out to undercut the political system

Peter Thiel’s midterm bet: the billionaire seeking to disrupt America’s democracy

Related:

The Right’s Would-Be Kingmaker (archived, as it’s behind a paywall)

Anti-Globalist?! He invests in businesses, worldwide!? I doubt that it would be possible without globalization! 🤷🏼‍♀️

The Euro Without German Industry

Tina Marie (Ms. Cat)

By Michael Hudson

The reaction to the sabotage of three of the four Nord Stream 1 and 2 pipelines in four places on Monday, September 26, has focused on speculations about who did it and whether NATO will make a serious attempt to discover the answer. Yet instead of panic, there has been a great sigh of diplomatic relief, even calm. Disabling these pipelines ends the uncertainty and worries on the part of US/NATO diplomats that nearly reached a crisis proportion the previous week, when large demonstrations took place in Germany calling for the sanctions to end and to commission Nord Stream 2 to resolve the energy shortage.

The Euro Without German Industry

Czech people take to the streets in record numbers against Nato’s war in Ukraine

Tina Marie (Ms. Cat)

Czech people take to the streets in record numbers against Nato’s war in Ukraine

On Saturday 3 September, as many as 160,000 protesters (more than double the 70,000 admitted by imperialist media) came out onto the streets in Prague, the capital of the Czech Republic. Their demands were simple: end Czech involvement in the war in Ukraine and restore trade with the Russian Federation to resolve the soaring cost of living.

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The Communist Party of Bohemia and Moravia was one of the few voices from the left that mobilised for the protest, with the party’s former vice-chair and current presidential candidate Josef Skála speaking from its platform and attempting to bring some much-needed socialist understanding to this broad popular movement.

Needless to say, the corporate media has vacillated between ignoring the demonstrators entirely and trying to dismiss them as extremists and ‘Kremlin agents’. The Guardian ran an article characterising the protest as a “coalescence of far-right and extreme left elements”, playing on the threadbare ‘red-brown alliance’ trope so beloved of western anticommunists.

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Seemingly inspired by the Czech example, protests appear to have spread to Austria and Italy. These have been reported by Iran’s Press TV but largely ignored by western imperialist media.

What’s wrong with the USA?

Tina Marie (Ms. Cat)

China has been, variously described as a rising power, a sleeping dragon and a collapsing economy. Most of the rhetoric is driven from the US. Inside their government, both the Senate and Congress have anti-China hawks, their State Department seems to see a threat at every turning point and their military seems to believe that a defensive People’s liberation Army is a bad thing as it threatens US interests. Books reports and documentaries are created about mass dissatisfaction which extended academic research seems unable to identify.

What’s wrong with the USA? (archived)