I’d bet my Bitcoin that if this leech had been a big donor to the GOP, this story would be dominating the mainstream news cycle. I can just hear the talking heads now. But since he’s a democrat, it’ll be excused, or worse….be called “out of context misinformation”.
I’d bet my Bitcoin that if this leech had been a big donor to the GOP, this story would be dominating the mainstream news cycle. I can just hear the talking heads now. But since he’s a democrat, it’ll be excused, or worse….be called “out of context misinformation”.
Careful...your SARC is dripping! Exactly why it will be SO interesting to see what Michael Lewis does with this. He's reportedly been "embedded" with SBF for many months researching a book (Hagiography?). Will he spike the whole thing in order to avoid alienating all his dem friends???
SARC? What is that? Special Amphibious Reconnaissance Corpsman? Sexual Assault Response Center?
I don't think Lewis writes hagiographies. But yeah, he is a nuanced writer. So, readers who don't want to see the good with the bad might think he does.
Yes, Lewis HAS WRITTEN insightful, nuanced and very funny books. He's a great story teller. He's now a BMOC in the left-leaning world, however. Wouldn't want to put that at risk.
It’s right their in this massively left leaning piece. It’s always about “lack of regulation.” What regulator agency was dismantled after Madoff? What about after the CDO crisis of ‘08? What about the free money fractional reserve crisis we’re now entering? Regulation does nothing but protect the powerful. It’s been true for as long as we’ve pretended that state protected oligarchism is “capitalism” and it will remain true now. The story is always the same - some bulls**t artist comes along and runs a con the exact same as the last con and regulators and “investors” (just media) praise his brilliance and write glowing reviews of his genius, it all crumbles, they add more regulation on top of the last regulation that didn’t work (you know, instead of actually having accountability and firing the regulators that missed it the first time) and then we rinse and repeat forever. And the scams keep getting bigger and more gratuitous , the regulators keep getting bigger and more worthless and the tax payers keep getting more and more screwed. If you didn’t know better you’d almost think they want it this way….
But, according to Market Watch, he did donate $200K to Republicans! Almost $38 million to dems, and $2 million to "Nonpartisan/Bipartisan (whatever the hell that is). That money is spent, and you can believe that there will be no one who will give it back.
People with more money than sense buy in to a geek who has Zoom meetings with the same people he shares a house with, and they wonder how they could be duped.
Government "regulators" are just the eyewash offered the masses to have them believe that whatever is being regulated is within the law and has been vetted. The SEC and other alphabet agencies are weak and pathetic excuses for actual regulators. Time and time again they have been at the center of a cluster "F" and have done noting. Yhey are captives of the industries which they are charged with regulating. Seems that they are formed to harass the industries that are not smart enough to donate large sums to the Political Party running the gov't.
Madoff himself was in the SEC at one time and used his connections to avoid scrutiny even after one honest employee attempted to block his Ponzi scheme. Hard to name one regulatory agency that has uncovered a major crime IF the company was a major donor and/or connected in the D.C. swamp. Any "regulators" ever been charged with malfeasance or indicted for incompetence? Billions of dollars lost over the years and not one "regulator" has ever been jailed or held to account for their lack of oversight.
I’d bet my Bitcoin that if this leech had been a big donor to the GOP, this story would be dominating the mainstream news cycle. I can just hear the talking heads now. But since he’s a democrat, it’ll be excused, or worse….be called “out of context misinformation”.
What _are_ you talking about, Mr. MacDonald?
This story _is_ dominating the mainstream news cycle. It's been the lead headline on Drudge for the past two days.
Careful...your SARC is dripping! Exactly why it will be SO interesting to see what Michael Lewis does with this. He's reportedly been "embedded" with SBF for many months researching a book (Hagiography?). Will he spike the whole thing in order to avoid alienating all his dem friends???
SARC? What is that? Special Amphibious Reconnaissance Corpsman? Sexual Assault Response Center?
I don't think Lewis writes hagiographies. But yeah, he is a nuanced writer. So, readers who don't want to see the good with the bad might think he does.
SARC - short for sarcasm.
Yes, Lewis HAS WRITTEN insightful, nuanced and very funny books. He's a great story teller. He's now a BMOC in the left-leaning world, however. Wouldn't want to put that at risk.
Ah! Sarcasm! Duh! 😀
Thanks.
Blame trump you mean?
for...?
Anything. Why not? It worked before...
It’s right their in this massively left leaning piece. It’s always about “lack of regulation.” What regulator agency was dismantled after Madoff? What about after the CDO crisis of ‘08? What about the free money fractional reserve crisis we’re now entering? Regulation does nothing but protect the powerful. It’s been true for as long as we’ve pretended that state protected oligarchism is “capitalism” and it will remain true now. The story is always the same - some bulls**t artist comes along and runs a con the exact same as the last con and regulators and “investors” (just media) praise his brilliance and write glowing reviews of his genius, it all crumbles, they add more regulation on top of the last regulation that didn’t work (you know, instead of actually having accountability and firing the regulators that missed it the first time) and then we rinse and repeat forever. And the scams keep getting bigger and more gratuitous , the regulators keep getting bigger and more worthless and the tax payers keep getting more and more screwed. If you didn’t know better you’d almost think they want it this way….
But, according to Market Watch, he did donate $200K to Republicans! Almost $38 million to dems, and $2 million to "Nonpartisan/Bipartisan (whatever the hell that is). That money is spent, and you can believe that there will be no one who will give it back.
People with more money than sense buy in to a geek who has Zoom meetings with the same people he shares a house with, and they wonder how they could be duped.
Agreed!
All funded by an ever-increasing central bank balance sheet. Somebody needs to PAY for all this garbage!
Government "regulators" are just the eyewash offered the masses to have them believe that whatever is being regulated is within the law and has been vetted. The SEC and other alphabet agencies are weak and pathetic excuses for actual regulators. Time and time again they have been at the center of a cluster "F" and have done noting. Yhey are captives of the industries which they are charged with regulating. Seems that they are formed to harass the industries that are not smart enough to donate large sums to the Political Party running the gov't.
Madoff himself was in the SEC at one time and used his connections to avoid scrutiny even after one honest employee attempted to block his Ponzi scheme. Hard to name one regulatory agency that has uncovered a major crime IF the company was a major donor and/or connected in the D.C. swamp. Any "regulators" ever been charged with malfeasance or indicted for incompetence? Billions of dollars lost over the years and not one "regulator" has ever been jailed or held to account for their lack of oversight.
Madoff was head of the NASDAQ.