Sam Bankman-Fried was set to testify before Congress on Tuesday, but before he could appear, he was arrested in the Bahamas. Not surprisingly, most of the charges he’s facing involve allegations of fraud related to the collapse of FTX, his crypto-trading platform. But a federal indictment unveiled Tuesday also accuses SBF—a prolific political donor who cultivated relationships with politicians and policymakers—of campaign finance violations.
The FTX Collapse Is Also a Huge Campaign Finance Scandal
Tag: campaign contributions
Pentagon Profiteers: Executive Compensation in the Arms Industry
Pentagon Profiteers: Executive Compensation in the Arms Industry
Another way to understand the size of CEO compensation at the big contractors is to look at how many jobs would be created if that $287 million were spent on something else. The answer is that spending that money on productive activities would create thousands of jobs: 2,812 jobs in clean energy or infrastructure; 4,104 jobs in health care; and 4,362 in education, calculated using data on the jobs impact of government spending generated by Heidi Peltier for the Brown Costs of War Project.
The “Nation Rebuilding Industry” Salivates Over Ukraine
American taxpayers must prepare to foot the bill.
The powerful military-industrial complex, with generous campaign contributions funneled via K-Street lobbyists to both parties, celebrated a huge victory yesterday. By getting overwhelming majorities in both chambers to approve a whopping, unprecedented $856 billion Pentagon bill, America’s defense industries are assured of continued prosperity for years to come. Pentagon budgets are rarely cut year after year and generally only rise with time.
The “Nation Rebuilding Industry” Salivates Over Ukraine
NDAA: Comparing votes with campaign contributions
House authorizes $858B for the Pentagon
[2011] The Tyranny of Defense Inc.
In 1961, Dwight Eisenhower famously identified the military-industrial complex, warning that the growing fusion between corporations and the armed forces posed a threat to democracy. Judged 50 years later, Ike’s frightening prophecy actually understates the scope of our modern system—and the dangers of the perpetual march to war it has put us on.
The Tyranny of Defense Inc.
Before FTX collapse, founder poured millions into pandemic prevention
Before FTX collapse, founder poured millions into pandemic prevention (archived)
The Bankman-Frieds’ family foundation in February also committed $5 million to ProPublica, a nonprofit news organization, to support reporting focused on pandemic preparedness and biosecurity, including one-third of the grant delivered upfront. The funding has subsidized several staff and articles — including a high-profile story with Vanity Fair about the possibility that covid leaked from a Chinese laboratory, which frustrated some of the Bankman-Frieds’ pandemic advisers who pointed to criticism of its translations of Mandarin Chinese. ProPublica was told last week that the remaining two-thirds of the grant is being paused, a spokesperson confirmed.
Trump Once Suggested: US should put Chinese flags on F-22 jets and “bomb shit out of” Russia
Trump tells Republican donors Putin would not have invaded Ukraine had he been president and calls Nato a ‘paper tiger’
US should put Chinese flags on F-22 jets and ‘bomb shit out of’ Russia
Elon Musk, Lindsey Graham Tussle Over Putin’s Ukraine Invasion: Senator Threatens EV Tax Credit Withdrawal, Tesla CEO Says ‘War Is Ultimate Supreme Court’
Tesla Inc. (NASDAQ: TSLA) Elon Musk received a lot of flak for proposing a peace plan for Russia and Ukraine earlier this week.
Elon Musk, Lindsey Graham Tussle Over Putin’s Ukraine Invasion: Senator Threatens EV Tax Credit Withdrawal, Tesla CEO Says ‘War Is Ultimate Supreme Court’
Video via Beshel News Service
Lindsey Graham has “capitulated” to the military industrial complex!
Ms. Cat’s Chronicles 
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