Have you noticed that almost no one in the media dares to acknowledge that the perpetrators of most of the largest financial scandals of the past fifty years have been major donors to Democrats and liberal causes/PACs? That was true of the savings and loan crisis and the “Keating Five” (four of whom were D senators and the fifth was John McCain), Bernie Madoff a darling of the Democrats, the Fannie Mae bankruptcy (whose PAC and execs gave millions to Dems), and now $40 million “donated,” by FTX.
The media obsessed over the “dark money” from the Koch brothers – who never violated the law or defrauded investors – while the real crooks were never investigated until it was too late.
So now along comes fraudster Sam Bankman-Fried, or “SBF” as his chummy Dem friends affectionately call him. According to the Center for Responsive Politics, SBF and two other FTX execs gave an estimated $57 million to Democratic candidates and groups and $22 million to Republican candidates and groups.
Here are the entities that are known to have received at least a million dollars in political contributions from the three top FTX execs:
Protect Our Future PAC (pro-lockdown Dem) $28,000,000
American Dream Federal Action (pro-lockdown GOP) $15,000,000
Future Forward USA (Dem) $6,000,000
House Majority PAC (Dem) $6,000,000
Reproductive Freedom For All $4,000,000
GMI PAC $3,500,000
Senate Majority PAC (GOP) $3,000,000
Senate Leadership Fund (GOP) $2,500,000
Women Vote! (Dem) $2,250,000
Congressional Leadership Fund (GOP) $2,000,000
America United (Dem) $1,300,000
LGBTQ Victory Fund (Dem) $1,100,000
O'Rourke, Beto (Dem) $1,100,000
Mind the Gap (Dem) $1,000,000
And here is a partial list of the Democrat candidates who received donations from SBF:
Rep. Jesus Garcia, D-Ill.
Rep-elect Morgan McGarvey, D, KY
Rep-elect Maxwell Frost, D, FL
Sydney Kamlager D, CA
Jonathan Jackson, D, IL
Nikki Budzinski, D, IL
Jared Moskowitz D, FL
Rob Menendez Jr. D, NJ
Maxine Waters D, CA
Sen. Dick Durbin D, IL
Abigail Spanberger (D, VA)
Over the weeks ahead, we plan to keep track of which politicians and PACs give the money back so it can go to the victims of the FTX Ponzi scheme. So far Bloomberg reports that “only a handful” have announced they will return the stolen money. Stay tuned.
The world marked a great triumph for humanity this past week: for the first time global population has reached 8 billion people, the United Nations has projected.
But don’t worry about a Malthusian population bomb. Birth rates have fallen precipitously over recent decades as incomes rise and death rates fall. The Global population is expected to stabilize.
That’s because capitalism is the best contraceptive.
More people on earth are living healthier and richer lives than ever before. Nearly two billion people have moved out of abject poverty over the past four decades. Productive and innovative people are “the ultimate resource,” in the words of the late economist Julian Simon. Thanks to a movement toward free market capitalism – until the last few years – world per capita income has grown sharply higher, from $459.10 per person in 1960 to $12,262.90 in 2021, World Bank data shows.
Meanwhile, world extreme poverty plunged from almost 48 percent in 1970 to less than 10 percent in 2015:
3) Under Biden America Is Also Becoming A Food Importer
For at least the last half-century America the bread basket of the world. We have by far the most productive Farmers and much of the world’s most bountiful farmland with massive livestock. We have fed the world.
New USDA data as first reported by Fox News on Friday, indicates that for the first time in decades, the U.S. is now buying more food from the rest of the world than the amount of our domestic agriculture products that are sold abroad. In 2022 the U.S. is expected to end the year with a small net IMPORTER of food. If present trends continue, by 2032 the U.S. is expected to run a $75 billion annual agriculture trade DEFICIT.
There are many disturbing reasons for this development, but one major one is rising energy costs during the Biden years here at home. So we are now in the red on energy and food – which under Trump were major American exports. Good going, Joe!
4) GOP Doing Better Than Ever With Minority Voters
Republicans clearly underperformed in the midterm elections given the incompetence of Joe Biden’s presidency, but Michael Barone, the iconic election expert and author of the annual “Almanac of American Politics,” has found that the Repubs did better than ever with minorities.
He points out: “Hispanics voted 29% Republican in 2012 but 39% Republican in 2022. The Asian Republican percentage increased from 25% to around 40%, and the black Republican percentage increased from 6% to 13%.
It remains a mystery to us why Republicans aren’t winning a strong majority of the Asian vote. They are hard-working, conservative values, economically successful, anti-communists, anti-crime, and the primary victims of the left’s racial preferences. Still, there's much work to be done.
Elon Musk is keeping his promise to expand the scope of free speech on Twitter much to the dismay of the left. Beginning a series of “Freedom Fridays,” the entrepreneur last week reinstated the banned accounts of Donald Trump, author Jordan Peterson, the Christian news satire site Babylon Bee, and comedian Kathy Griffin, who once posed with a mockup of Trump’s severed, bloodied head.
Musk looks to us to be striking just about the right balance in deciding what should be allowed on Twitter. Hateful speech will not be removed from the site, but negative/hate tweets will be “deboosted & demonetized,” so no ads or other revenue to Twitter. The new moderation policy would make such content invisible "unless you specifically seek it out.”
The left doesn’t see things this way. MSNBC host Yasmin Vossoughian groused that Trump’s reinstatement will mean 'the guard rails now will, definitely, it seems, be off” and expressed the wish that Twitter would die. Ironically, these guardians against “misinformation” are the same people who touted the discredited Steele dossier story night after night for nearly two years.
