Corrupt Politicians

This is the apex of political corruption. These people should be formally barred from holding any position in the American government ever again. But their friends and cronies are still in power, so expect them to be given awards instead.

We're living through one of the worst, if not the worst, periods of political scandals and institutional rot in American history.

cross-posted from: https://exploding-heads.com/post/145905

A newly released screen capture from July 30, 2017 of a WhatsApp message from Hunter Biden to Henry Zhao shows Hunter Biden putting pressure on Zhao for payment using the influence of his father, Joe Biden, who was “sitting” in the room.

cross-posted from: https://exploding-heads.com/post/139631

We now know for a fact that in addition to serving a legion of startups and fledgling businesses, SVB was a go-to bank for tech industry giants, including some that have kept their relationships with the bank confidential.

• The $1 billion that Sequoia, the firm famous for backing iconic companies including Apple, Google and WhatsApp, had at SVB made up a fraction of its $85 billion assets under management. In addition to maintaining its own accounts at the lender, the firm also recommended every startup it backed do the same, Michael Moritz, a partner at the firm, wrote in the Financial Times. A representative for Sequoia declined to comment on the depositor list.

• Kanzhun, which had $902.9 million in deposits with SVB according to the document, didn’t respond to multiple emailed requests for comment. The company, which was heavily backed by Chinese giant Tencent before it went public on the Nasdaq in 2021, was among the largest Chinese companies to IPO in the US that year.

• Altos Labs Inc., a life sciences startup that works on cell regeneration, had $680.3 million in deposits with the bank. The privately held company has raised $3.27 billion from billionaires including Jeff Bezos and Yuri Milner, as well as Mubadala Investment Company and other investors. An Altos representative declined to comment.

• Payments startup Marqeta Inc. had $634.5 million at the bank, according to the document. In a statement, the firm acknowledged that it had “significant deposits” at SVB, but was already in the process of moving money to other banks. “While Marqeta supported the decision to guarantee all deposits at the bank, our ability to execute as a business and meet our financial obligations would not have been impacted, even if it was a longer resolution process” the firm said.

• IntraFi Network, which provides deposit services to financial institutions, had $410.9 million worth of deposits at the bank, according to the document. However, in a statement, the firm said that it didn’t actually have any of its own money with the lender, nor was it a client. The amount, rather, represents the funds of almost 2,000 different depositors whose balances were fully insured when SVB collapsed, according to IntraFi.

• Crypto stablecoin company Circle Internet Financial Ltd. previously disclosed its SVB deposits, which at the time represented 8.2% of the reserves backing its USD Coin. A spokesman said the company had no additional comment. The USD Coin, which is intended to maintain a 1-to-1 peg to the dollar, briefly drifted from that $1 level on the news of Circle’s exposure. The document listed it as SVB’s biggest depositor with a balance of $3.3 billion.

• Streaming set-top box maker Roku Inc. also previously disclosed having roughly 26% of its cash and cash equivalents parked at the bank. The document listed its balance at $420 million. A Roku spokesman declined further comment.

• Fintech company Bill.com previously disclosed it had roughly $670 million at the bank. The firm said the amount included about $300 million of its money and $370 million that belonged to customers. A company spokesman declined further comment. The FDIC document listed Bill.com’s total balance at $761.1 million.

Finally, Silicon Valley Bank and parent SVB Financial Group were both listed as having a combined $4.6 billion in deposits. SVB Financial has argued in its bankruptcy case that at least $2 billion in deposits the parent had with the bank should be returned. Federal regulators have said SVB Financial must apply to the bank’s receiver for that money.

Describes how BlackRock is able to ”run the world” in about 7 minutes of riveting undercover footage. The footage was captured over the course of several meetings in New York by one of OMG News’ rockstar undercover journalists.

cross-posted from: https://exploding-heads.com/post/131496

“The half-billion dollar sole-source contract awarded to Endeavors by the Biden administration is a disgustingly wrong,” said Tina Ryan of Citizens Against Political Persecution.

“By bypassing competitive bidding and lacking transparency, the Regime has created an environment ripe for corruption and favoritism.

Moreover, rewarding organizations for housing illegal immigrants sends the wrong message and undermines the rule of law. It is imperative that an investigation into this matter takes place to determine if any laws were broken and to ensure the responsible use of taxpayer funds.

The American people deserve better than this blatant disregard for ethical standards. Alejandro Mayorkas of the Department of Homeland Security and Xavier Becerra of Department of Health and Human Services must provide the documents and transparency the Rep. Gosar is seeking.”

“It’s not who the president is- it’s who’s controlling the wallet of the president,” BlackRock recruiter Serge Varlay told an undercover journalist.

Serge Varlay said all the financial institutions – hedge funds, BlackRock, the banks – buy politicians – and US Senators are the cheapest.

cross-posted from: https://exploding-heads.com/post/122038

Time for Trump to put up or shut up.

Show us that he is on top of the issues that has allowed these past elections to be stolen, so we know he will fix them.

Otherwise it will be like 2016 and "Lock her up" about which after the election he did nothing about.

cross-posted from: https://exploding-heads.com/post/115699

JPMorgan claims that the tuition paid for de Jongh's children boosted her 2009 overall compensation as an office manager to $200,000. The bank claims that in return for the tuition, de Jongh provided Epstein access to the USVI's political elite - who extended tax benefits and allowed him to take part in crafting laws that might affect him.

cross-posted from: https://exploding-heads.com/post/97121

He accuses politicians from both parties, including Hillary Clinton, Paul Ryan, Mike Pence, Nikki Haley, and Mike Pompeo, of betraying Trump's agenda and working against him from within.

cross-posted from: https://exploding-heads.com/post/92412

Bill Barr screwed the country again. And now he spends his time on the talk shows trashing President Trump.

What a pathetic man.

Hell no

Take a lesson from the campaign, so far, of Robert F. Kennedy, Jr. The way Mr. Kennedy has been straight-talking — around the coordinated slanders and scurrilities of an ignoble news media — he makes the current leadership of the Democratic Party look like the most pathetic claque of rascally whack-jobs ever assembled

The FBI dropped four investigations into Hillary and Bill Clinton ahead of the 2016 while the Bureau and the entire might of the US government was bearing down on Trump.

cross-posted from: https://exploding-heads.com/post/90147

Three different FBI field offices, in Washington, D.C., Little Rock, Arkansas, and New York, launched investigations into the Clinton Foundation in early 2016 for 'possible criminal activity.'

But despite making progress, all four criminal investigations were shut down by senior officials, Durham found.

'The Clintons had a team of people at the FBI running interference for them to avoid criminal culpability,'

Pigs at the trough

None of this corruption was possible without President Obama’s willing compliance and the political corruption that keeps the U.S. Department of Justice from criminally indicting Democrats in public office for engaging in international criminal schemes to enrich themselves.

Congresswoman Lois Frankel sold First Republic Bank in March before the stock dropped 80%

After she sold First Republic, she bought JP Morgan Chase which just bought First Republic. She clearly had inside information.

My advice to Republican primary voters who are justifiably tired of the media and national security professionals lying and suppressing the truth: Don't renominate a candidate who does the same thing.

We all wondered how the Obama's went from being broke to insanely wealthy?

What other deals did he do?

cross-posted from: https://exploding-heads.com/post/87186

We have been shoveling billions of dollars of your money to the government of one of the most corrupt nations on the planet. We have ignored the lessons learned from doing the exact same thing for twenty years in Afghanistan. And, now, shockingly, it appears a great deal of the money we sent to those brave freedom fighters in Ukraine has ended up in the pockets of corrupt government officials.

Navy SEAL Chief Eddie Gallagher exposes some interesting things about @DanCrenshawTX