I don't know if FTX is a metaphor, but it does point to something. I have sometimes speak of the Three Abominations of Nixon, which were the things he was actually hated for. I shall spare everyone that essay, but I think I'm seeing one of the Abominations of Trump. One of them, of course, was that the hag didn't get her turn, but another one was that he had his own money and was not dependent on the Washington grift machine to amass a fortune, and so might have ended the gigantic pay for play scheme that American foreign policy had become. In fact, when he and his people took an interest in the river of cash that flowed from Ukraine to Washington and who or what it might have bought, they staged an impeachment.
If Tether really does blow up (I'm only a crypto tourist, not an acolyte, but I've read people asking startling questions about its true balance sheet going back a couple years) FTX will be a footnote in the debacle. I would recommend visiting coindesk.com if and when Tether does implode. Blood will dripping from your phone as you read of the massacre and mayhem that will ensue.
Here's an excellent article on how Tether helps make Lebanon liveable during its current hyperinflation. The good side of crypto, but my god is that realm infested with conmen messiahs.
You say "Beyond that, I have to suspect that the people who argue that Bitcoin as a concept was designed by the Intel Community on an international basis to both track money movement by knuckleheads as well as to launder payments to IC supported organizations/insurrections around the world."
This sounds like an unfinished sentence. Am I missing something?
I suspect this is all above most people's pay grade--certainly mine. But I can tell you that Caroline Gensler evidently knows zero about trading risk management. Given the asinine comments I heard her make about it, it is of no surprise whatsoever that she blew up Alameda. The Revenge of the Nerds, Part 2.
Conrad Black is right on when he labels what the Democrats are doing as "A Step Toward National Suicide?" But his answer is to condemn Trump the victim, stating "Trump knew what desperate and sleazy people he was dealing with, and he doesn’t have a credible excuse for being so reckless."
Actually, he did not know. None of us knew. The adage "Politics stops at water’s edge" no longer rings true. He ends off with "the Republican Party doesn’t need, and the American public doesn’t wish for, an internecine war on the scale that would rage if Trump sought another presidential nomination. But another candidate plausibly pledged to the enactment of the Trump program and supported by Trump but not stigmatized by him, could lead the desperately needed national political purgation." Unfortunately an internecine war, hopefully won by ballots and not bullets, and on a tremendous scale, is called for if we are ever to re-establish a government of, by and for the people. If Trump is the only one committed to this, then he is our only hope.
Conrad is a fool if he thinks anyone not brash or supposedly reckless can do the job properly. People are tired of politicians' promises & no follow through. Playing nicey-nice w/everyone in the DC playground means nothing but more promises & no follow through.
The key question was left unanswered: who or what agency is going to truly investigate FTX, etc? Who here doubts that SBF and sweet Caroline skate off into the sunset never to be heard from again?
Man, that connects some dots, brother. Any idea whether Colchicine is an ionosphore? I've been taking Zinc supplements, and never got COVID. I have some Quercitin on hand if I ever do, but have been taking Colchicine for gout. Maybe that has a similar effect? Thanks!
I’d love to add a few other voices to “my” substack. Why not tag me on whatever you post and I’ll add it to whateveristrue.Substack.com. You could have your own channel with almost no effort. 😊
I've only read two chapters of One Nation Under Blackmail, so I missed that. That also connects dots. Is there a way to follow the different postings you put out there? I feel like I'm missing a lot!
In the book "Compromised' by ex-CIA agent Terry Reed, there is extensive coverage of one "Robert Johnson", who passed himself off as Chief Counsel for Southern Air Transport. Mr. Johnson was an employee of the CIA and is better known by his real name, William Barr. Can't make up this stuff!
Brilliant writing and putting it all together for us!
Tx. I strongly suspect we're only seeing the tip of the iceberg so far.
I don't know if FTX is a metaphor, but it does point to something. I have sometimes speak of the Three Abominations of Nixon, which were the things he was actually hated for. I shall spare everyone that essay, but I think I'm seeing one of the Abominations of Trump. One of them, of course, was that the hag didn't get her turn, but another one was that he had his own money and was not dependent on the Washington grift machine to amass a fortune, and so might have ended the gigantic pay for play scheme that American foreign policy had become. In fact, when he and his people took an interest in the river of cash that flowed from Ukraine to Washington and who or what it might have bought, they staged an impeachment.
If Tether really does blow up (I'm only a crypto tourist, not an acolyte, but I've read people asking startling questions about its true balance sheet going back a couple years) FTX will be a footnote in the debacle. I would recommend visiting coindesk.com if and when Tether does implode. Blood will dripping from your phone as you read of the massacre and mayhem that will ensue.
Here's an excellent article on how Tether helps make Lebanon liveable during its current hyperinflation. The good side of crypto, but my god is that realm infested with conmen messiahs.
https://www.cnbc.com/2022/11/05/-in-bankrupt-lebanon-locals-mine-bitcoin-and-buy-groceries-with-tether.html#amp_tf=From%20%251%24s&aoh=16690969099639&referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fwww.cnbc.com%2F2022%2F11%2F05%2F-in-bankrupt-lebanon-locals-mine-bitcoin-and-buy-groceries-with-tether.html
You say "Beyond that, I have to suspect that the people who argue that Bitcoin as a concept was designed by the Intel Community on an international basis to both track money movement by knuckleheads as well as to launder payments to IC supported organizations/insurrections around the world."
This sounds like an unfinished sentence. Am I missing something?
Thanks,
Boniface
Yes, I meant to say that those people are on to something.
$750K to McCarthy from FTX
WP article from September:
https://www.washingtonpost.com/politics/2022/09/27/mccarthy-midterms-gop/
Gut feel - ftx had a lot more donations than has been revealed so far.
The Revolver Article is frightening, and unbelievable.
Good comparison to BCCI scandal.
What is economic impact if Tether goes down?
Another interesting video from Moss that has a different perspective on Tether.
https://www.youtube.com/watch?v=OYQMcYCN2EA
I suspect this is all above most people's pay grade--certainly mine. But I can tell you that Caroline Gensler evidently knows zero about trading risk management. Given the asinine comments I heard her make about it, it is of no surprise whatsoever that she blew up Alameda. The Revenge of the Nerds, Part 2.
Thanks Mark! Makes sense of China’s involvement.
China is in an economic war with the US.
This hurts the US economy’s credibility, especially with the large $ amounts involved.
And crypto is used to get money out of China.
Conrad Black is right on when he labels what the Democrats are doing as "A Step Toward National Suicide?" But his answer is to condemn Trump the victim, stating "Trump knew what desperate and sleazy people he was dealing with, and he doesn’t have a credible excuse for being so reckless."
Actually, he did not know. None of us knew. The adage "Politics stops at water’s edge" no longer rings true. He ends off with "the Republican Party doesn’t need, and the American public doesn’t wish for, an internecine war on the scale that would rage if Trump sought another presidential nomination. But another candidate plausibly pledged to the enactment of the Trump program and supported by Trump but not stigmatized by him, could lead the desperately needed national political purgation." Unfortunately an internecine war, hopefully won by ballots and not bullets, and on a tremendous scale, is called for if we are ever to re-establish a government of, by and for the people. If Trump is the only one committed to this, then he is our only hope.
Conrad Black’s hindsight is 20/20.
Who would have thought:
1. Fbi investigations into Trump.
2. Scorched earth approach by Democrats to Trump.
3. Two impeachments.
4. massive voter frauds
6. Backstabbing / betrayals by eGOP including McCain and Ryan.
7. McConnell allowed Dems to gum up the Senate, and no recess appointments.
8. Barr and Durham
And so many more!
Conrad is a fool if he thinks anyone not brash or supposedly reckless can do the job properly. People are tired of politicians' promises & no follow through. Playing nicey-nice w/everyone in the DC playground means nothing but more promises & no follow through.
The key question was left unanswered: who or what agency is going to truly investigate FTX, etc? Who here doubts that SBF and sweet Caroline skate off into the sunset never to be heard from again?
Mark,
Thanks for the article. Very informative.
What do you think about SBF's vocality on twitter? It seems un-ponzi-scheme-like to post a 33-tweet thread explaining yourself. https://threadreaderapp.com/thread/1591989554881658880.html
Thanks,
Boniface
Scammers tend to be narcissistic.
Man, that connects some dots, brother. Any idea whether Colchicine is an ionosphore? I've been taking Zinc supplements, and never got COVID. I have some Quercitin on hand if I ever do, but have been taking Colchicine for gout. Maybe that has a similar effect? Thanks!
I’d love to add a few other voices to “my” substack. Why not tag me on whatever you post and I’ll add it to whateveristrue.Substack.com. You could have your own channel with almost no effort. 😊
I've only read two chapters of One Nation Under Blackmail, so I missed that. That also connects dots. Is there a way to follow the different postings you put out there? I feel like I'm missing a lot!
In the book "Compromised' by ex-CIA agent Terry Reed, there is extensive coverage of one "Robert Johnson", who passed himself off as Chief Counsel for Southern Air Transport. Mr. Johnson was an employee of the CIA and is better known by his real name, William Barr. Can't make up this stuff!
Point taken but it’s a uniparty... the Republicans being controlled opposition. A grand deception.
Did you word this correctly? If so, WTH you talking about?
“ There is a massive Western worldwide demand for global governance.”
Massive worldwide demand from whom, Texas? From TPTB, certainly. But most people just want to be left alone to lead their lives.
Never let a crisis go to waste, and if need be, we’ll create the crisis