Tag Archives: Joe Manchin AKA Lucy

Nov 13 2022

Cascading Trouble for FTX Crypto Exchange Leads to Inquiries of Campaign Donations to Democrats and Regulators


Posted originally on the conservative tree house on November 12, 2022 | sundance

FTX crypto currency exchange CEO Sam Bankman-Fried is a major donor to multiple progressive causes and politicians. This week as FTX starts to collapse, the financial system underneath the exchange looks more like a Ponzi scheme falling apart.

The CEO had been a major donor to regulators on Capitol Hill, and the tentacles of FTX extend to Ukraine where Sam Bankman-Fried was operating to support the Ukraine government with crypto currency collections and donations. The FTX corporation and CEO Sam Bankman-Fried is now under multiple investigations.  Here’s the 90-second recap of the current dynamic. WATCH:

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(Via Daily Caller) Sam Bankman-Fried, prolific Democratic donor and ex-CEO of now-bankrupt cryptocurrency exchange FTX, funded the campaigns of members of Congress overseeing the Commodity Futures Trading Commission (CFTC), one of the key bodies tasked with regulating the crypto industry and the subject of Bankman-Fried’s aggressive lobbying.

Bankman-Fried’s FTX is currently under investigation by the CFTC and the Securities and Exchange Commission (SEC) after Bankman-Fried allegedly moved $10 billion in client assets from his crypto exchange to his trading firm Alameda Research, and a liquidity crisis at his exchange which prompted the company to file for bankruptcy. However, prior to the agency’s probe, Bankman-Fried aggressively courted the CFTC – and funded several key lawmakers charged with overseeing the agency, pouring cash into their campaign coffers. (read more)

(Via CoinDesk) The past week has seen a dizzying downward spiral for Sam Bankman-Fried’s huge crypto empire. Bankman-Fried’s FTX crypto exchange has paused withdrawals, and a tentative bailout from rival Binance appears to be kaput. That could put depositor funds at risk, and certainly spells a major setback for not only Bankman-Fried but for the cryptocurrency industry as a whole.

These downfalls aren’t rare in crypto, which is subject to extreme boom-bust cycles. But FTX and Bankman-Fried are unique in the stature they achieved before self-immolating. Over the past three years, FTX has come to be widely regarded as a reputable exchange, despite not submitting to U.S. regulation. Bankman-Fried has himself become globally influential, thanks to his thoughts on cryptocurrency regulation and his financial support for U.S. electoral candidates – not necessarily in that order.

These narratives about both FTX and Bankman-Fried are now clearly dead in the water, given recent evidence that everything was not as it seemed at the exchange, or at Bankman-Fried’s other firm, Alameda Research. (read more)

Nov 13 2022

With Elections Over U.S. Multinationals Begin Announcing Job Cuts


Posted originally on the conservative tree house on November 12, 2022 

There was always a strong suspicion the woke corporations were holding back negative employment intentions until after the midterm elections.

Well, as expected, the U.S. multinationals are starting to announce advanced downsizing.

(CNBC) – Tens of thousands of tech workers have been laid off within days, as tech giants including Meta, Twitter, Salesforce and others shed headcount going into the final stretch of the year. At least 20,300 U.S. tech workers were let go from their jobs in November, and more than 100,000 since the beginning of the year, according to Layoffs.fyi, which tracks layoffs in the field.

Tech workers reported huge drops in confidence in their job security through the summer, as news of layoffs, hiring freezes and rescinded offers put a damper on what’s so far been a worker-driven Covid pandemic recovery.

But the latest headlines are all converging at once as businesses course-correct on over-hiring and acknowledge how rising interest rates are thwarting their growth plans, says ZipRecruiter chief economist Julia Pollak. (more)

Nov 11 (Reuters) – Walt Disney Co (DIS.N) is planning to freeze hiring and cut some jobs as it strives to move the Disney+ streaming service to profitability against a backdrop of economic uncertainty, according to a memo seen by Reuters on Friday.

Chief Executive Bob Chapek sent the memo to Disney’s leaders, saying the company is instituting a targeted hiring freeze and anticipates “some small staff reductions” as it looks to manage costs. (read more)

As noted by Yahoo News, a “wave of layoffs” has begun that encompasses dozens of medium and large corporations [SEE HERE].

The layoffs, outlined in Yahoo, cover real estate, tech companies, banking, finance, automakers, EV startups, and brick and mortar stores like 7-11 and GAP.   It should not come as a surprise, but it is sad to see, nonetheless.

Within the economy, a great pretending can only last so long… then reality hits.

The skilled trades should likely end up in the best employment situation, with the tech sector the worst.  Service industries are also one of the first sectors hit when employment becomes an issue.

With rising interest rates, high inflation, excessive inventories, a shrinking production economy, extreme energy costs and diminished disposable income as a result of inflation and gas prices, there was going to come a time when it all starts to congregate.   2023 looks to be the year when economic pretenses collapse under the weight of having to admit a recession exists.

Nov 11 2022

President Trump Fires Back Against Ron DeSantis, Con Inc and Coordinated Narrative Midterm Effort


Posted originally on the conservative tree house on November 10, 2022 | Sundance

President Trump can see and hear the same things everyone else can see and hear, including the coordinated media and GOPe effort to diminish him and the MAGA movement within the Republican club.

The Democrats and professional Republican class both want to see the populist movement destroyed for the same reason Mitch McConnell wanted the Tea Party destroyed in 2010.  The assembly of the united middle-class and blue-collar base inside the Republican Party, essentially the broad MAGA movement, represents a Main Street threat to Wall Street control of the GOPe.

There are trillions at stake.

As Florida Governor Ron DeSantis’ megadonor and Citadel hedge fund billionaire, Ken Griffin, openly admitted recently the Wall Street goals are (1) stop the populist movement and (2) get the Republican Party back in alignment with the multinational “corporate world.”  These are the same goals of the Republican leadership in Washington DC and the same goals as the corporate media who serve as the public relations firms for Wall Street.

The collaborative group, which includes the entirety of the funding mechanism and management behind Ron DeSantis, viewed the 2022 midterm election as an opportunity to reset the Republican Party away from the populist MAGA influence.  The strategy was to roll out of the August DOJ Mar-a-Lago targeting, directly into a nationally rebranded DeSantis operation and then lead up to the 2022 midterm election.

Anything that can cast Donald Trump as a negative would be enhanced, and anything that would cast the MAGA movement as a positive would be diminished.  In part, this is the intent behind the delayed positive election results from key MAGA races in CO, WA, NV and AZ, combined with emphasis on the negative -albeit controlled- election ballot outcomes from Michigan and Pennsylvania.

At the 30,000-foot level the attacks against President Trump are, quite frankly, attacks against the MAGA populist movement represented by President Trump.

The professional political class, both DNC and RNC club members, politicians and donors, want to get back to normal political business operations in Washington DC.  The key element at the core of their concern is financial and economic control.  Again, there are trillions at stake.

Just like we can see this coordinated effort, so too can President Trump see the construct of the narrative as it is being engineered and delivered.  We can see the Paul Ryan wing, the Mitch McConnell wing and the corporate media division all working in concert.  The entities described genuinely do not think the larger Republican base can see it, but they underestimate us at their own peril.

Things are never going to return to normal for them, but they refuse to accept that.  The most adamant of the professional Republican apparatus, in concert with the multinational financial world, would rather see the GOP lose every election – if that’s what it takes to stop the MAGA movement.  They view this as a zero-sum game, and they have planted proactive seeds for exactly this purpose.

A more than happy to assist CONservative Inc new media apparatus, the “influencers” as they call them, are part of the dynamic that was recruited in early 2022 {See Here}. It’s the use of this crew and others of like-minded disposition that helps the corporate group drumbeat an anti-populist, anti-MAGA message with the intention to eliminate the head of the movement.

In addition to their common vertical challenges, the DeSantis 2024 influence group are almost identical to the Cruz 2016 group.  The difference this time around is the pretending game; where they pretend DeSantis is not the intended beneficiary of their relentless anti-Trumpism in both print and broadcast appearances.

The group was recruited in January 2022 and includes Fox News’ Lisa Marie Boothe, Turning Point USA’s Benny Johnson, Newsweek opinion editor Josh Hammer, The Rubin Report’s Dave Rubin, New York Post and FoxNews.com columnist Karol Markowicz, Claremont Institute fellow David Reaboi and conservative writers like Jordan Schachtel, John Cardillo, along with Ben Shapiro and Guy Benson.

Florida Governor Ron DeSantis has been positioned as the intended recipient for the disenfranchised MAGA movement’s support, if they can just get President Trump out of the equation and exploit the vulnerability in his absence.  However, all previous efforts to shake the bond between President Trump and the MAGA movement have failed.

Using the 2022 midterm election control, they are pounding the wedge harder now, with increased ferocity and urgency to break the bond.

Just like in 2016, the GOPe multinationals, corporatists, Wall Street donors, Never Trump CONservatives, and just about all controlled media systems are being enlisted in this effort.  President Trump can see the construct just as clearly as you can.

That’s why President Trump is hitting back against the effort by singling out the wedge they are trying to use.

President Trump isn’t pretending.  He’s targeting Florida Governor Ron DeSantis because President Trump, like us, can clearly see the nature of the construct that has been manufactured to oppose the MAGA movement.  This is a fight for the future of the Republican party.

DeSantis is playing too-cute-by-half, in pretending not to be a participant in the professional republican operation.  If Governor Ron DeSantis was not an active participant, he would not be playing coy with his 2024 GOP nomination intent.   Trump isn’t going to play pretend.  As long as DeSantis pretends, he will be targeted by President Trump because Trump isn’t going to allow the professional republican apparatus to destroy the populist movement.

Let Con Inc go and form a new party now of acceptable republicans.  Let the people of selfie-importance assemble to take pictures of their lunches and dinners for social media shares, while the scruffnecks in MAGA assemble to push back against the new American corporatist agenda that finances them.

The new republican party is the working-class people’s party, the MAGA party, and President Donald J Trump is going to defend it.

Steadfast….  This is “The Big Ugly“!

Nov 10 2022

Dear Tyrants, You’re LOSING!


ProgressiveTruthSeekers Published originally on Rumble on November 9, 2022

We are the good people who base their values on evidence and appreciate civil discourse. Challenges are a good thing; they strengthen us and forge our identities. They free us from complacency and limited thinking. They free us from living life on autopilot. When challenged, live in grace; no fear, no retreat, no surrender. You are not alone, and we SO got this!