Posts Tagged ‘Adam Ford’

LinkSwarm For November 3, 2023

Friday, November 3rd, 2023

Israel rolls on in Gaza, Democrats get indicted on election fraud, Sam Bankman-Fried found guilty, censorship schemes get busted, and George Soros’ evil fingers are everywhere. It’s the Friday LinkSwarm!


  • Israel’s ground offensive has surrounded Gaza City, where it seems to think most of Hamas infrastructure is located.

    The blue circles indicate Israel military activity, which does rather suggest they’re pounding the snot out of Hamas.

  • “House Weaponization Panel Gets IRS To End ‘Abusive’ Surprise Visits.”

    House Republicans on the GOP’s “weaponization” subcommittee said in a Friday report that the IRS has agreed to end its “abusive” policy of surprise visits to taxpayers’ homes following pressure from the panel.

    The Committee’s and Select Subcommittee’s oversight revealed, and led to the swift end of, the IRS’s weaponization of unannounced field visits to harass, intimidate, and target taxpayers,” reads the report. “Taxpayers can now rest assured the IRS will not come knocking without providing prior notice—something that should have been the IRS’s practice all along.”

    The IRS announced in July that it would end most unannounced agent visits to the homes of Americans, citing security concerns.

    But it also came after the agency engaged in what appeared to be witness intimidation, after visiting the New Jersey home of journalist Matt Taibbi on the same day he appeared before Congress to testify on government abuse.

    Following the incident, Chairman Jim Jordan (R-OH) demanded answers from the IRS, writing “In light of the hostile reaction to Mr. Taibbi’s reporting among left-wing activists, and the IRS’s history as a tool of government abuse, the IRS’s action could be interpreted as an attempt to intimidate a witness before Congress.”

    Taibbi thanked Jordan on Saturday, writing in response to the report:

    One of the cases outlined is my own. My home was visited by the IRS while I was testifying before Jordan’s Committee about the Twitter Files on March 9th. Sincere thanks are due to Chairman Jordan, whose staff not only demanded and got answers in my case, but achieved a concrete policy change, as IRS Commissioner Daniel Werfel announced in July new procedures that would “end most” home visits.

    Anticipating criticism for expressing public thanks to a Republican congressman, I’d like to ask Democratic Party partisans: to which elected Democrat should I have appealed for help in this matter? The one who called me a “so-called journalist” on the House floor? The one who told me to take off my “tinfoil hat” and put greater trust in intelligence services? The ones in leadership who threatened me with jail time? I gave votes to the party for thirty years. Which elected Democrat would have performed basic constituent services in my case? Feel free to raise a hand.

    If silence is the answer, why should I ever vote for a Democrat again?

    Why indeed.

  • How George Soros destroyed law and order in the United States without changing a single law.

    In the conversation with [Joe] Rogan, Musk then explains George Soros’ massive bet (now overseen by his son, Alexander Soros) on funding city and state district attorney elections nationwide. He said, “The value for money in local races is much higher than in national races – the lowest value for money is a presidential race.”

    “Soros realized you don’t actually need to change the laws – you just need to change how they’re enforced – if nobody chooses to enforce the law – or the laws differentially enforced – it’s like changing the laws,” Musk said.

    This leaves with a new interview from one Maryland sheriff, just outside of crime-ridden Baltimore City, in Wicomico County, who drops a truth bomb about radical progressive lawmakers in the state, some of whom have likely been funded by Soros, who purposely fail to enforce law and order and only embolden criminal.

    “I’m in my 40th year of law enforcement, and I have never ever seen it this bad,” Sheriff Mike Lewis said.

    Lewis continued: “I’ve never seen a government so ingrained – and quite frankly complicit – in the criminal activity taking place in our nation.”

  • Speaking of Soros: “Soros has funneled over $15M to pro-Hamas organizations through Open Society Foundations.” Of course he has.
  • This week in Democratic Party corruption. “The FBI is investigating whether New York City Mayor Eric Adams’s 2021 campaign conspired with the Turkish government to receive illegal foreign donations.” New Yorkers could have had Curtis Sliwa, but noooooooo….
  • And speaking of campaign finance fraud: “FTX Founder Sam Bankman-Fried Found Guilty on All Counts.”

    A jury has found Sam Bankman-Fried, the disgraced founder of FTX, guilty on all seven criminal fraud counts for his role in the crypto exchange’s downfall.

    Those counts include wire fraud on customers of FTX, conspiracy to commit wire fraud on customers of FTX, wire fraud on Alameda Research lenders, conspiracy to commit wire fraud on lenders to Alameda Research, conspiracy to commit securities fraud on investors in FTX, conspiracy to commit commodities fraud on customers of FTX, and conspiracy to commit money laundering.

    He faces a maximum sentence of 115 years in prison. His sentencing is scheduled for March 28 at 9:30 a.m.

    During a month-long trial in a Manhattan federal court, prosecutors claimed Bankman-Fried misled investors and mishandled billions in funds. He was accused of misusing customer funds deposited with FTX to boost his crypto hedge fund, Alameda Research.

    Nicolas Roos, an assistant U.S. attorney, said Bankman-Fried committed crimes of “epic proportions.” He alleged during closing arguments that Bankman-Fried built his company on a “foundation of lies and false promises.”

    Snip.

    Bankman-Fried was a Democrat megadonor, giving nearly $39 million to Democrat-aligned causes during the 2022 election cycle.

    Prosecutors said he “misappropriated and embezzled FTX customer deposits, and used billions of dollars in stolen funds for a variety of purposes, including … to help fund over a hundred million dollars in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation,” according to an August indictment.

    Both Caroline Ellison, Bankman-Fried’s ex-girlfriend and the former head of Alameda, and FTX co-founder Gary Wang, testified against Bankman-Fried during the trial. Ellison and Wang both pleaded guilty in December to multiple charges.

  • More of that Democratic Party voter fraud the MSM swears doesn’t exist: “A Bridgeport, Connecticut judge ruled on Wednesday to overturn the city’s Democratic primary election after video emerged of a woman who appears to be the city’s vice chair of the Democratic Town Committee, Wanda Geter-Pataky, committing ballot fraud.”
  • “The Department of Health and Human Services has sent over $800,000 to a group in Texas where they distribute crack pipes, according to the Dallas Express…The funds were sent to the El Paso Alliance, a non-profit that helps people recover from alcoholism and drug addictions, according to its website.” Knowing what I know about leftwing activists, I’m guessing that $80,000 went to crack pipe distribution, and the rest disappeared into various leftwing pockets.
  • “Boston Children’s Hospital given $1.4 million in taxpayer money for child sex changes.” (Hat tip: Stephen Green at Instapundit.)
  • Mike Pence stops pretending he’s running for President.
  • Biden gets a primary challenger in the form of U.S. Minnesota Representative Dean Phillips. We’ll see if the DNS tries to screw him less than Bernie Sanders…
  • California is still having trouble managing this newfangled electricity thing. (Hat tip: Instapundit.)
  • China’s least awful communist official, former Chinese Prime Minister Li Keqiang, just died of a heart attack at age 68, and the CCP is banning memorial wishes for him.
  • Despite the Texas law against teaching Critical Race Theory, Katy ISD students are being told to reflect on their white privilege.
  • “America’s Top Law Firms Issue Warning to Colleges to Address Antisemitism.”

    More than two dozen top U.S. law firms have issued a stern warning that law schools move with “urgency” to address the rising antisemitism on campus, or else it could affect recruitment, National Review has learned.

    “Over the last several weeks, we have been alarmed at reports of anti-Semitic harassment, vandalism and assaults on college campuses, including rallies calling for the death of Jews and the elimination of the State of Israel. Such anti-Semitic activities would not be tolerated at any of our firms,” the statement published on Wednesday reads.

    “As educators at institutions of higher learning, it is imperative that you provide your students with the tools and guidance to engage in the free exchange of ideas, even on emotionally charged issues, in a manner that affirms the values we all hold dear and rejects unreservedly that which is antithetical to those values,” the letter continued. “There is no room for anti-Semitism, Islamophobia, racism or any other form of violence, hatred or bigotry on your campuses, in our workplaces or our communities.”

    Snip.

    Signatories included: Akin Gump Strauss Hauer & Feld LLP, Cadwalader, Wickersham & Taft LLP, Cleary Gottlieb Steen & Hamilton LLP, Cravath, Swaine & Moore LLP, Davis Polk & Wardwell LLP, Debevoise & Plimpton LLP, Fried, Frank, Harris, Shriver & Jacobson LLP, Gibson, Dunn & Crutcher LLP, Kirkland & Ellis LLP, Latham & Watkins LLP, McDermott Will & Emery LLP, Milbank LLP, O’Melveny & Myers LLP, Paul Hastings LLP, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Proskauer Rose LLP, Ropes & Gray LLP, Shearman & Sterling, Simpson Thatcher & Bartlett LLP, Skadden, Arps, Slate, Meagher & Flom LLP, Sullivan & Cromwell LLP, Watchtell, Lipton, Rosen, and Katz, Weil, Gotshal & Manges LLP, Norton Rose Fulbright, and Willkie Farr & Gallagher LLP.

  • Darryl Schriver was fired from his position as CEO of Tri-County Electric Cooperative [north and west of Fort Worth] after his alleged use of company expenses to purchase Star Wars collector pens, Apple products, Oakley sunglasses, Texas Christian University (TCU) football tickets, airfare for his wife, and more.” A company credit card is just about the stupidest way in the world to attempt to embezzle funds. Also: “The filing then details Schriver’s rejection of a $50,000 bonus and subsequent demand for a bonus worth up to $75,000 so that the take-home amount after taxes was $50,000.” Smooth move, Ex-Lax…
  • Jewish homes in Paris marked with Stars of David. It’s good that sort of thing has never led to any negative outcomes in Europe…
  • Good: Disney is making it’s live-action Snow White remake a more traditional film, including actual dwarfs rather than random guys. Bad: The CGI dwarfs look absolutely horrible. It’s as though Disney wants to punish movie-goers for rejecting their woke vision…
  • Adam Ford leaves the Bee.
  • “Hamas Leader Appointed Senior Fellow At Harvard University.”
  • “‘I Wouldn’t Have Gone Along With The Nazis In 1939,’ Says College Student At ‘Kill The Jews‘ Rally.”
  • A young go-getter:

    (Hat tip: Ace of Spades HQ.)

  • Followup: Is The Silver Squeeze A Ruse?

    Tuesday, February 2nd, 2021

    Following yesterday’s story, I got pushback from readers that asserted the supposed WallStreetsBets silver squeeze was, in fact, a ruse from hedge funds to distract retailer investors from the GameStop and AMC squeezes.

    That does in fact seem to be the consensus at WallStreetBets.

    If you haven’t been browsing WSB or doing your own research, you’d probably think that the people on Twitter are correct in saying there is a silver squeeze happening and we should all get in on it. There are quite a few wsb-logo Twitter accounts pushing this. This is BS & the straight up the ANTITHESIS of who we are.

    By buying silver/going long on silver, you would be directly putting money into the pockets of the EXACT HEDGE FUNDS ON THE OTHER SIDE OF $GME 🚀 🚀 🚀 💎 🙌 The hedge funds are LONG silver NOT short silver.

    The media, Wall Street, normies, and every other non-WSB autist are trying to push you to buy silver. This would be a tragic, irreversible decision that not only will most likely not make you any money because the squeeze is fake, it will put you on the sidelines from this righteous and glorious war we are in.

    Another sign it’s a ruse: Citadel Securities, one of the primary hedge funds backers, evidently holds shares in 17 different silver companies.

    That’s one of the problems with a decentralized swarm attack: If nobody’s in charge, then it’s much harder to filter out the noise to determine the true direction of the swarm. That can be a strength, but it also makes the swarm vulnerable to ruses like this. Extracting a signal from the huge wave of noise in everyday financial transactions is a daunting problem under the best of circumstances even when giant hedge funds aren’t baiting friendly MSM outlets with elaborate ruses. (Or, I should say, when giant hedge funds aren’t baiting friendly MSM outlets with elaborate ruses even more than they usually are.)

    Whatever the source, many bullion dealers were reporting a huge run on silver due to a spike in demand, though physical silvere seemed to be doing much better than “paper silver” (i.e., the futures market). Today spot silver prices are back down in early trading.

    Remember, I said yesterday that a silver squeeze was unlikely to work.

    With that out of the way, here are some other WallStreetBets/GameStop/etc. news:

  • Adam Ford with Not The Bee explains the GameStop short squeeze, including more background detail on the origins of the squeeze than was in my original post:

  • Glenn Greenwald goes into more detail on the GameStop squeeze and Melvin Capital:

    The usual Greenwald leftwing caveats apply. (Hat tip: Zero Hedge.)

  • GameStop stock is back up this morning after Robinhood lifted restrictions on buying shares.
  • Texas Attorney General Ken Paxton has launched an investigation into “Robinhood, Discord, Citadel and other trading apps that put curbs on stock trading” in GameStop.
  • Noon Update: And now GameStop, AMC and Silver are all way down right now. Never invest what you can’t afford to lose…