Tag: Hedgefunds

George Soros poses no danger to India

Tina Marie (Ms. Cat)

The Indian Express newspaper featured today two reports relating to India’s indirect partnership with George Soros in a worldwide democracy project under the UN umbrella. The main report is behind paywall while the second report titled “UN Democracy Fund launched in 2005 on sidelines of India-US N-deal” is accessible.

George Soros poses no danger to India

Both articles, linked above, are worth glancing over. Interestingly, the Kofi Annan Foundation gets funds from UNDEF. Both were founded by Kofi Annan. Nothing corrupt about that, huh?! /s

French Radical Protests: Can the Sinister Fascist Traits of Capitalism be Overcome?

Tina Marie (Ms. Cat)

President Macron is not a king but a pawn of global finance

The current tenant of the Elysee Palace has been called by NUPES, the left coalition opposition in France, a President-King. To do so is to give him a bigger role and more power than what he has. In reality, Macron is just one of the numerous figure heads of the billionaire class that meets in Davos once a year. The power resides there, concentrated, often anonymous and always brutal in a masquerade of do-gooders. In Davos, the financial Masters of the Universe, posturing as philanthropists, have been in reality jealously protecting the complex Gordian Knot that is global capitalism. Perhaps France’s radical protesters, in their quasi insurrection form, are trying to emulate Alexander the Great by putting this giant Gordian Knot to the sword!

French Radical Protests: Can the Sinister Fascist Traits of Capitalism be Overcome?

Congress’ Best Idea to Save Local Journalism Would Actually Hurt It + Some Temporary Good News

Tina Marie (Ms. Cat)

Congress’ Best Idea to Save Local Journalism Would Actually Hurt It

Meta reported $114.93 million in ad revenue in 2021, whereas Google reported $209 billion. But determining how much of that publishers should get is difficult—and the JCPA doesn’t even try. One version of the JCPA proposed platforms and publishers negotiate an agreed-to payment, and if they couldn’t come to a consensus, they’d enter forced-arbitration with no formula for what is fair. But whether the money would end up being vast or a modest bump to the bottom line, not every publication stands to benefit if the JCPA becomes law. While the JCPA’s alliances allow for partnerships, exclusionary elements of the JCPA would encourage big brands to unite selectively at the expense of smaller ones and shut out niche independent journalistic outlets altogether.

Related:

JCPA Update: The Dangerous Link Tax That Still Won’t Save Local Journalism

The original text of the JCPA already authorized print media companies to form one or several cartels and collectively bargain with the largest online platforms—defined in terms that single out Facebook and Google. Although the bill hinted at these news cartels being able to demand payment for merely linking to their content, or hosting snippets like the results you get from Google News, the mechanism by which they would be paid was left vague. However, the fact that the bill allowed news companies to withhold content strongly suggested a claim to some sort of property right, or ancillary copyright, that the targeted platforms would owe for hosting links and snippets.

Some Temporary Good News: None Of The Really Bad Internet Bills Seem To Have Made It Into The NDAA

This would also hurt independent media and bloggers (you would have to pay a ‘link tax’ to corporate media for linking to their articles—see below image)! So far, it hasn’t passed (it was attached to the NDAA) but there’s still the omnibus spending bill and the next session of Congress!

Source.

The Latest Digital Token Scheme from Hell: New York Fed Teams Up with Citigroup and Sullivan & Cromwell

Tina Marie (Ms. Cat)1 Comment

Just two business days after the crypto exchange FTX filed for bankruptcy and headlines swirled around the world suggesting it had used its crypto token to perpetuate a massive fraud reminiscent of Madoff’s Ponzi scheme, the New York Fed thought this would be an ideal time to announce it was launching a digital token pilot with the serial fraudster, Citigroup. (See here for the unintelligible, jargonized version from the New York Fed; here for the decrypted translation from CoinDesk; and here for a sampling of Citigroup’s rap sheet.)

The Latest Digital Token Scheme from Hell: New York Fed Teams Up with Citigroup and Sullivan & Cromwell

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.

…

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,

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! 🤷🏼‍♀️

Steve Bannon at the head of the new Mont-Pelerin society: How can neo-fascism be neo-liberal?

Tina Marie (Ms. Cat)

BY RODRIGO LUGONES – 09-23-2022

The ideologue of Trumpism promotes a right-wing movement that aims to reorient the political and economic management of the world towards an extreme liberal right.

Steve Bannon at the head of the new Mont-Pelerin society: How can neo-fascism be neo-liberal? (Original in Spanish)

Related:

Bannonism

Article was “fact-checked” by me. Everything checked out, except that Nina Rosenwald founded the Gatestone Institute. Although, Rebekah Mercer was on the Board of Governors.

FACTSHEET: GATESTONE INSTITUTE (archived)

In 2016, Gatestone partnered with The Rebel, a Canadian media company “with a history of bigotry and anti-Semitism,” to produce a series of 12 “cross-branded videos.” The videos feature “misinformation expert” Daniel Pipes and Geert Wilders, and promote “paranoid, apocalyptic far-right themes vilifying Muslims and refugees.” A 2017 article in The Independent, found that Gatestone was one of two “US right-wing foundations” that have sponsored Wilders’ trips to America.

…

Between 2014-2016, the Mercer family foundation, run by Rebekah Mercer, contributed $250,000 to Gatestone. In April 2017, journalist Eli Clifton revealed that “Mercer had been listed as a member of the board of governors” of Institute. Following inquiries from news outlets, Gatestone deleted any mention of Mercer on its board.