[☕️ C&C NEWS ☙ Saturday, November 19, 2022 ☙ COMPROMISED 🦠 Blockbuster BMJ exposé teaches us a lot more about how the vaccines happened; an FTX roundup: lies, shrinking investor bucks, pandemic connections, chapter 11 news; global warming; and more. Jeff Childers]
...🔥 Yesterday, Business Insider ran a story headlined, “A new bankruptcy filing shows the value of FTX’s crypto holdings is just $659,000, after Sam Bankman-Fried said they were worth $5.5 billion.”
That’s not $659 million dollars. That’s $659 THOUSAND dollars. FTX’s entire multibillion dollar crypto “inventory” is worth less than one million dollars — even though FTX’s jittery, polyamorous ‘genius’ just told investors it was worth FIVE BILLION.
But that’s not genius-level math. That’s just garden-variety junkie-level fraud. The truth was, Sam Bankman-Fried wasn’t good at math. He wasn’t good at management. He wasn’t good at finance. He wasn’t even good at League of Legends, as far as we can tell. But he WAS good at speaking ‘virtue,’ since he was born into democrat elite society and grew up hearing the dialect.
• Vox ran a narrative-promoting story Wednesday headlined, “The Impact of Sam Bankman-Fried’s Support for Democrats Is Massively Overstated.” Obviously, it was a PR piece for the democrats, to mislead Vox’s clueless readers into thinking FTX was not, in fact, buried up to its scrawny little neck in democrat politics. But there were a couple interesting nuggets in the story.
The article admitted Sam gave a whopping $36 million to democrats (just for the PRIMARIES), but calls that amount a mere “fraction” of what he COULD HAVE given, since at one point Sam said he actually wanted to give democrats a BILLION dollars. However, given Sam’s inability to differentiate between thousands, millions, and billions, it was probably just Sam being Sam. He didn’t really have a head for numbers.
Anyway, Sam was still the SECOND BIGGEST DONOR to democrats in the primaries.
Vox also pointed out that Sam’s political donations stopped around June, implying — I guess — that Sam had a change of heart, or maybe was only helping out in the primaries or something. But of course, it was more likely that Sam stopped making democrat political donations in June because FTX ran out of other people’s money.
Interestingly, Vox says the majority of Sam’s donations went to the “Protect our Future PAC,” which supported 25 candidates focused on “pandemic preparedness,” which in virtuespeak translates to “lockdowns, mandates, and passports.” Coincidentally, all 25 of the supported “preparedness” candidates were democrats. But Vox suggested that maybe poor, misguided Sam was nobly concerned about protecting people from viruses, rather than grubbily helping democrats by sliding them cash fraudulently catfished from unwitting investors.
I haven’t leaned into this part of the story much, but the public persona they manufactured for Sam Bankman-Fried was that his personal philosophy and life’s goal was “charitable giving,” and the only reason he wanted to be successful in crypto was so he could give away all his personal profits, to less fortunate people. Or something.
It was always a lie, of course, you already know he wasn’t putting on the hair shirt or anything, he actually lived in a drug and sex-soaked luxury penthouse in the Bahamas, mainly funded democrat political objectives, and defrauded over a million innocent investors.
According to a recent article in the Brownstone Institute, Sam even admitted once that his image as a do-gooder was a “dumb game we woke westerners play where we say all the right shibboleths and so everyone likes us.” Nobody cared. It sure didn’t stop corporate media from relying solely on the fake narrative to frame all its FTX stories. In fact, they’re still doing it.
Part of the CIA’s playbook for creating these honeypot cutout characters seems to be giving them some kind of narrative hook. Epstein was the “international mystery man of finance.” Bankman-Fried was the “brainiac nerd devoted to altruism.” These narrative hooks dump truckloads of potential story ideas on compliant corporate media, and more importantly, pre-package a helpful narrative frame for everything that happens — even if things go sideways, like they have now.
You see, Sam always MEANT well. He was just … badly advised. Or unlucky. Plus there weren’t enough regulations. He was just a poor, little rich boy. (Also a white atheist, just like Epstein, but never mind all that.)
These public characters (or caricatures) always seem to actually be weak people who could be easily compromised and controlled, if someone had a notion to control them. Epstein obviously had a refined taste for attractive young girls. Bankman-Fried appears to have been a drug addict with bizarre sexual habits.
Were they chosen BECAUSE OF their susceptibility to being compromised and controlled?
• The Brownstone Institute ran a story yesterday headlined, “The Covid/Crypto Connection: The Grim Saga of FTX and Sam Bankman-Fried.” It’s a deliciously snarky article written by Jeffrey Tucker and I recommend reading the whole thing.
The part I want to focus on is the disclosure of FTX’s peculiar preoccupation with “pandemic planning.” Tucker seems to think it had something to do with the fact that, for some bizarre reason, mandates, lockdowns, and passports became integrated into modern liberal identity.
Tucker calls it “tribal symbolism,” which is amusing, but ultimately insufficient. I call the phenomenon “unhinged virtue signaling,” because some so-called conservatives did it too. So it may involve tribalism, but that’s not the whole answer.
Anyway, here’s the thing. A major anti-ivermectin study called the “Together Trial” was published earlier this year. Corporate media and the alphabet health agencies used the “blockbuster study” as justification for cracking down on “misinformation” about the Nobel-prize-winning drug.
Guess who funded the study that put the nail in ivermectin’s reputational coffin?
You guessed it! FTX.COM and Sam Bankman-Fried, that’s who. And not even with their own money. They used investors’ money to cancel ivermectin.
And it wasn’t only the now-discredited Together Ivermectin Trial. The Washington Post ran an out-of-left-field story Wednesday headlined, “Before FTX Collapse, Founder Poured Millions Into Pandemic Prevention.”
Weird.
A Washington Post review of lobbying disclosures, federal records and other sources found that Sam Bankman-Fried spent at least a staggering $70 million since he started, virtually overnight in October 2021, on research projects, campaign donations and other initiatives intended to “improve biosecurity” and “prevent the next pandemic.”
Meaning, Sam poured money all over “narrative-friendly” scientists and politicians. How’d he get that idea?
On Monday, Sam’s brother Gabriel Bankman-Fried “stepped down” as director of Guarding Against Pandemics, an “advocacy organization” that Gabe founded in July 2020, and which was fully fueled by FTX bucks. Influence Watch described Guarding Against Pandemics as “a left-leaning advocacy group created in 2020 to support legislation that increases government investment in pandemic prevention plans.”
Leftism. Government. Pandemic. Got it?
In fact, according to WaPo, it really seems like the “public health sector” was what was really hardest hit by FTX’s collapse:
The shock waves from FTX’s free fall have rippled across the public health world, where numerous leaders in pandemic-preparedness had received funds from FTX funders or were seeking donations.
Oh no. Science’s cash machine has closed. Ukraine, too.
• On Thursday, John Jay Ray III was appointed the Chapter 11 bankruptcy CEO of FTX and related entities. In his mandatory disclosure filed in the main bankruptcy case on Thursday, Ray described his prior experience managing other high-profile chapter 11 disasters, like Enron.
Ray stated he has over 40 years of experience in managing distressed and fraudulent corporate failures. Remember that: forty years of experience. On the second page of his thirty-page declaration, Ray stated:
Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here. From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented.
NEVER before in his career. Not in forty years of managing distressed fraudulent companies like Enron. FTX is the worst. And read that last sentence again carefully: “… a very small group of inexperienced, unsophisticated and potentially compromised individuals[.]”
He’s talking about Bankman-Fried and his girlfriends and boyfriends. Ray is saying the same thing we’ve been saying. But he said they were “potentially compromised” … compromised by WHOM?
I’ll continue reviewing the materials filed in the bankruptcy case, and will boil it down for you next week.
🔥 Meanwhile, the last media-propelled fraudster, Elizabeth Holmes of Theranos fame, was sentenced to 11 years in prison this week.
Thoughtful, philanthropic, and fraudulent. Just like Sam Bankman-Fried! https://www.coffeeandcovid.com/p/c-and-c-news-saturday-november-19