Tag Archives: FTX

Nov 12 2023

Devolution Power Hour #196 – Sat 10:30 PM ET –


Posted originally on Rumble by Badlands Media on: Nov 11, 10:30 pm EST

Nov 8 2023

Nashville Shooter’s Manifesto Causes The Media To Melt Down (Ep. 2126) – 11/07/2023


Posted originally on Rumble the Dan Bongino show on:Nov 7, 11:30 am ES

Nov 7 2023

Central Bank & The Taking of Assets? Re-Posted Nov 7, 2023 By Martin Armstrong 


Custodial Risk 1

I will be covering this in detail at the WEC in a couple of weeks. We are getting the same Conspiracy Theories regurgitated and twisted around. People are asking what is real and what is not. Suffice it to say, when you buy shares and leave them at the brokerage house, they remain in THEIR name – not yours. They are in STREET NAME, and that is why I have for years suggested you take delivery the same you would do with gold.

Brokerage SWEEP your account and sell the cash collectively overnight into the REPO market. If that night the entity they had lent it to defaults, you have lost your money and get in line because the corrupt New York counts will declare you are an UNSECURED creditor. Good luck. Just look at what Judge Martin Glenn did to the people who had money on deposit at MF Global.

Glenn

It was Martin Glenn who was the judge in New York on M.F. Global bankruptcy. He was the first one to engage in FORCED LOANS by abandoning the rule of law to help the bankers by protecting them from losses, taking client accounts to cover M.F. Global’s losses. That is no different from what we saw in Cyprus. He allowed the confiscation of client funds when, in fact the rule of law should have been that the bankers were responsible and M.F. Global’s losses should have been reversed. Never should the client’s funds be taken for M.F. Global’s losses to the NY Bankers. It was Judge Martin Glen who placed the entire financial system at risk by trying to protect the bankers. He pampered these bankers, making them the new UNTOUCHABLES. We have to be concerned that there really is no rule of law that will protect you in a crisis.

Nov 7 2023

The Migrant Crisis Impacting Canada Re-Posted Nov 6, 2023 By Martin Armstrong 


WEC 2023_Barbarians_at_Gate C

QUESTION: Will you cover the Canadian migrant crisis and its impact on our markets?

BRD

Nov 7 2023

Pelosi Subpoenaed in Undisclosed Criminal Case Re-Posted Nov 6, 2023 By Martin Armstrong


 
Nov 4 2023

Weirdness Abounds – New York Judge Engoron Expands Gag Order to Stop Trump Defense Attorneys from Discussing Instructions from Court Clerk


Posted originally on the CTH on November 3, 2023 | Sundance 

The judge in the New York City case against Donald Trump and the Trump organization has transparently been a little goofy.  From the first day when he posed for the cameras, to the sketchy application of legal review within the case, Judge Arthur Engoron exhibits the classic traits of being weird and unstable.

There is a pattern amid the deployment of Lawfare that deserves some background context.  Whenever Lawfare is deployed there are always background characters who are seemingly needed to keep the bizarre interpretations of Lawfare tactics on track.

We saw this play out with Debra Katzenberg, Monica McLean and David Laufman controlling Kavanaugh accuser Christine Blasey-Ford.  We saw it again with Mary McCord playing the role in the background of the Trump Lawfare impeachment to guide Jerry Nadler and Adam Schiff.  We saw it again with Andrew Weissmann and Norm Eisen guiding Special Prosecutor Jack Smith from the backbench of Lawfare.  In each case the principal activity is guided by Lawfare ideologues who use position to influence.

In the Judge Engoron example, court clerk Allison Greenfield has been passing notes and instructions to Engoron as the case has progressed.  The activity has become so disconcerting that Trump’s lawyers have called it out in court as it happens {Breitbart Link}.  In response to the sunlight upon the visible activity, Judge Engoron has now expanded his gag order to prohibit Trump’s lawyers from drawing attention to the activity of Ms. Greenfield.

NEW YORK — The judge overseeing Donald Trump’s ongoing civil fraud trial issued another gag order on Friday — this time prohibiting all lawyers working on the trial from “from making any public statements, in or out of court, that refer to any confidential communications, in any form, between my staff and me.” (link)

The issuance of the gag order is weird because the entire dynamic of the clerk instructing the judge is weird.   The gag order is an effort by Engoron to stop people from noticing it….  Yeah, that’s exponentially weirder.

POLITICO – [Trump Attorney Chris] Kise complained about Greenfield’s habit of passing notes to Engoron during proceedings, suggesting she is improperly influencing his decisions. Engoron reacted sharply to that complaint, telling Kise, “I have an unfettered, absolute right to consult with my law clerks” and saying he wouldn’t tolerate future comments about his staff.

Kise, though, continued to argue that he needed to state objections on the record for the purposes of an eventual appeal. “If notes are being passed at certain specific times or they’re being passed in a way that might indicate some bias,” he said, “that’s a record that needs to be made contemporaneously.” (more)

As noted by Henry Rossof from inside the court today, “Judge Engoron said he will note a continuing objection to his consultation with his clerk but does not want anything more said about her… he will still consult.”

“I have an absolute, unfettered right to consult with my law clerks anywhere, anytime,” Engoron noted. “There’s no more need to make a record” [of it within the court when it occurs] he concluded.

After this series of exchanges today, Engoron then expanded his court order to forbid the Trump lawyers from telling the public about what was happening between him and his clerk in the court.

Yup, weird, sketchy and fitting right in with the pattern of how Lawfare is deployed.

These people are ideologically not stable.

Nov 4 2023

DC Appeals Court Overrules Judge Chutkan Gag Order


Posted originally on the CTH on November 3, 2023 | Sundance

A three-judge panel of the D.C. Circuit Court of Appeals has lifted District Judge Tanya Chutkan’s gag order prohibiting Trump from criticizing the special counsel, Jack Smith, or “any foreseeable witness” in the case. [2-Page Opinion Here]  In my opinion, it was the generalized “foreseeable witness” part of the Chutkan order that became the central issue for the appellate court.   Jack Smith could name anyone as a potential witness, just to silence the accused.

President Trump’s team previously indicated in their filing to the appeals court that they are prepared to seek immediate relief at the Supreme Court. However, at least now, that approach will not be needed as the DC Appellate Court has blocked the gag order.

[ SOURCE LINK ]

It is a win for Donald Trump amid a highly political DC Circuit.

If the appeals court had ruled to uphold the gag order, they would have opened the door for the U.S. Supreme Court to weigh in and potentially overturn the lower rulings.  Therefore, appeals court was most likely not willing to see their own credibility rest on the language of a motion written by Judge Chutkan.

In the ruling, the appeals court will accept briefings and oral arguments prior to making their own ruling on the matter.  That will make any advancement to the Supreme Court much less likely to succeed.  There’s a bit of court credibility and preservation playing out in this dynamic.

WASHINGTON – A federal appeals court on Friday lifted a gag order reining in Donald Trump’s comments about the criminal election-subversion case pending against him in Washington.

At the former president’s request, a three-judge panel of the D.C. Circuit Court of Appeals temporarily lifted U.S. District Court Judge Tanya Chutkan’s order prohibiting Trump from using his public statements to target special counsel Jack Smith and his team, court officials and potential witnesses in the case.

The appeals court’s action makes it likely that the gag order, which Trump contends violates his First Amendment rights and those of his supporters, will be sidelined for more than two weeks and perhaps longer. Trump has also complained that the order interferes with his rights as a presidential candidate to argue to voters that he is being politically persecuted by the Biden administration.

The D.C. Circuit set oral arguments on the gag order issue for Nov. 20. The panel issuing the order consisted of two Obama appointees — Patricia Millett and Cornelia Pillard — as well as the court’s newest member, Biden appointee Bradley Garcia. (read more)

…”No court in American history has imposed a gag order on a criminal defendant who is actively campaigning for public office—let alone the leading candidate for President of the United States. That centuries-long practice was broken on October 17, 2023, when the district court entered its Opinion and Order, A1 (the “Gag Order”), muzzling President Trump’s core political speech during an historic Presidential campaign.

Given the Gag Order’s extraordinary nature, one would expect an extraordinary justification for it. Yet none exists. President Trump has made months of public statements about this case, but the Department of Justice (“the prosecution”) submitted no evidence of any actual or imminent threat to the administration of justice. Instead, when asked about the supposed threat to the case, the prosecution admitted, “of course this prejudice is speculative.”

Based this speculation, the district court entered a sweeping, viewpoint-based prior restraint on the core political speech of a major Presidential candidate, based solely on an unconstitutional “heckler’s veto.” The Gag Order violates the First Amendment rights of President Trump and over 100 million Americans who listen to him.

President Trump’s uniquely powerful voice has been a fixture of American political discourse for eight years, and central to the American fabric for decades. The prosecution’s claim that his core political speech suddenly poses a threat to the administration of justice is baseless. The prosecutors and potential witnesses addressed by President Trump’s speech are high-level government officials and public figures, many of whom routinely attack President Trump in their own public statements, media interviews, and books.

President Trump’s viewpoint and modes of expression resonate powerfully with tens of millions of Americans. The prosecution’s request for a Gag Order bristles with hostility to President Trump’s viewpoint and his relentless criticism of the government—including of the prosecution itself. The Gag Order embodies this unconstitutional hostility to President Trump’s viewpoint. It should be immediately stayed.

President Trump requests a ruling on this motion by November 10, 2023, and requests an administrative stay pending the Court’s ruling. President Trump has notified the prosecution, who note that they oppose this motion. President Trump respectfully asks that this appeal be expedited to the greatest extent possible.”..

~ President Donald J Trump, Legal Team 

Nov 3 2023

Over 250,000 Dead Americans Re-Posted Nov 3, 2023 By Martin Armstrong


America has lost the war on drugs as overdose-related deaths have quadrupled in the past decade. Overdoses from fentanyl are now the leading cause of death for Americans aged 18 to 45. There was even a 109% increase in childhood deaths (10-19) from 2019 to 2021. Around 106,699 Americans died from drug usage in 2021 – more deaths than the number of service members killed in Iraq and Afghanistan combined. About 80,411 of those deaths (75.4% of all overdoses) were due to opioids like fentanyl. There is an internal enemy within our borders that no one discusses. Where is the outrage?

Perdue and the Sackler family have blood on their hands. The Sackler family owns Perdue Pharmaceuticals and was responsible for creating a pushing the sale of lethal drugs such as oxycontin. The Sacklers hired consulting firm  McKinsey & Company and sales agents to “turbocharge” the sale of Oxycontin. McKinsey & Company initially wanted to payoff the insurance companies $14,000 per overdose or patient turned addict. The drug was initially marketed as SAFE AND EFFECTIVE. They claimed less than 1% of patients would become addicted.

Companies such as Cardinal Health, Johnson & Johnson, McKesson, and AmerisourceBergen were forced to pay $26 billion in their role in the opiod crisis. However, no company was as influential as Perdue. The family paid $225 million for civil claims but has not faced any criminal charges. Now, the opioid epidemic is in the hands of cartels and foreign actors who bring drugs over our border.

The situation in America has become so dire that the Biden Administration would like to train school teachers on using the overdose revival drug, naloxone. “Our schools are on the frontlines of this epidemic, but our teachers and students can be equipped with tools to save lives,” the letter notes. Unlike the original opioid epidemic, consumers of the substances do not know what is in their counterfeit drugs. Cartels add fentanyl because it is cheaper and makes the product stronger, resulting in countless accidental overdoses.

The Drug Enforcement Administration (DEA) has said numerous times that the majority of fentanyl in America is produced in China and then shipped to Mexico where they smuggle it into the United States. India is also producing fentanyl and being closely monitored. “China remains the primary source of fentanyl and fentanyl-related substances trafficked through international mail and express consignment operations environment, as well as the main source for all fentanyl-related substances trafficked into the United States. Seizures of fentanyl sourced from China average less than one kilogram in weight, and often test above 90 percent concentration of pure fentanyl,” the DEA report notes.

“Fentanyl production and precursor chemical sourcing may also expand beyond the currently identified countries as fentanyl lacks the geographic source boundaries of heroin and cocaine as these must be produced from plant-based materials,” the report concluded. Smugglers can simply walk across the border and back, as we have absolutely zero national security. Where is the outrage? Over 1,500 Americans die each week because we have permitted out enemies to enter our border and destroy the nation from within.

Nov 3 2023

Sam Bankman-Fried Found Guilty on All Seven Counts


Posted originally on the CTH on November 2, 2023 | Sundance

Crypto conman Sam Bankman-Fried has been found guilty on all seven counts of fraud and conspiracy. The evidence was overwhelming and the three former executives who worked side by side with him testified against him.

Former Alameda CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh, said SBF directed them to commit crimes, including the looting of FTX and lying to lenders and investors about the companies’ finances.

NEW YORK, Nov 2 (Reuters) – FTX founder Sam Bankman-Fried was found guilty on Thursday of defrauding customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire’s fall from grace.

A 12-member jury in Manhattan federal court convicted him on all seven counts he faced after a monthlong trial in which prosecutors made the case that he stole $8 billion from the exchange’s customers out of sheer greed. The verdict came just shy of one year after FTX filed for bankruptcy in a swift corporate meltdown that shocked financial markets and erased his estimated $26 billion personal fortune.

The jury reached the verdict after just over four hours of deliberations. Bankman-Fried stood and clasped his hands together as the verdict was read.

Bankman-Fried had pleaded not guilty to two counts of fraud and five counts of conspiracy.

The conviction represented a victory for the U.S. Justice Department and Damian Williams, the top federal prosecutor in Manhattan, who made rooting out corruption in financial markets one of his top priorities. (read more)

…”FTX cofounder Gary Wang, who was FTX’s chief technology officer, revealed in his testimony that Bankman-Fried directed him to insert code into FTX’s operations so that Alameda Research could make unlimited withdrawals from FTX and have a credit line up to $65 billion. Wang said the money came from customers.”… ~ Politico

Nov 3 2023

Sanctuary City Mayors from Chicago, New York City, Los Angeles, Denver and Houston, Demand Federal Bailout


Posted originally on the CTH on November 2, 2023 | Sundance

The hubris here is actually quite stunning.  A group of Mayors from sanctuary cities are requesting that all taxpayers in the USA support them as they try to cope with the impact of mass illegal alien arrivals.  They created themselves as “sanctuary cities” for illegals, now they want everyone to pay for it.

[SOURCE]

WASHINGTON (AP) — The mayors of Chicago, Denver, Houston, Los Angeles and New York are pressing to meet with President Joe Biden about getting federal help in managing the surge of migrants they say are arriving in their cities with little to no coordination, support or resources from his administration.

The Democratic leaders say in a letter obtained by The Associated Press on Wednesday that while they appreciate Biden’s efforts so far, much more needs to be done to ease the burden on their cities.

Migrants are sleeping in police station foyers in Chicago. In New York, a cruise ship terminal was turned into a shelter. In Denver, the number of migrants arriving has increased tenfold and available space to shelter them has withered. With fewer available work authorizations, these migrants cannot find work that would allow them to get into proper housing. (read more)

How about, NO!