Broke and down to one credit card: Former
FTX CEO Sam Bankman-Fried claims he committed
no fraud
Posted By: Dreadnought, 11/30/2022 9:44:39 PM
Striking a contrite tone, former FTX CEO Sam Bankman-Fried said he "didn't do a good job" at upholding his responsibilities to regulators, customers, and investors in a hotly anticipated conversation with CNBC's Andrew Ross Sorkin at the Dealbook Summit. Bankman-Fried's FTX imploded in mid-November after Coindesk reported irregularities in the company's balance sheets. The company filed for Chapter 11 bankruptcy protection in Delaware on Nov. 11. "I didn't ever try to commit fraud on anyone," Bankman-Fried said. "I saw it as a thriving business and I was shocked by what happened this month." "I've had a bad month," Bankman-Fried added later.
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Barack Obama was in Georgia, campaigning on behalf of Sen. Raphael Warnock (D-GA) for the Dec. 6 runoff against Herschel Walker.
Once again, the Democrats were playing the Obama card because of Joe Biden’s supreme unpopularity in the state. They can’t even bring Joe in to campaign; he’d likely sink their chances. But the thing about Obama is he’s forever the narcissist and divider. He’s supposed to be there on behalf of Warnock. But somehow he managed to say the quiet part out loud about Joe Biden. “We all know some folks in our lives who — we don’t wish them ill will. They say crazy stuff and we’re all like
The UN General Assembly this week passed a resolution to characterize the founding of the modern state of Israel in 1948 as a “catastrophe,” in what has been heralded as a major victory for pro-Palestinian activists.
The word “Nakba,” which means catastrophe or disaster in Arabic, was also a term coined by the Palestinians to commemorate the Jewish state’s founding. The UN resolution acknowledges the Palestinian version of the events that led to Israel’s creation, and calls for the “commemoration of the 75th anniversary of the Nakba,” with a “high-level event” at the global body on May 15th, 2023. May 15 is the day
Florida said Thursday it has begun to divest $2 billion in funds overseen by BlackRock — a sharp rebuke of the giant asset manager’s investing policies under CEO Larry Fink that right-leaning critics have blasted as “woke capitalism.”
The divestment under Gov. Ron DeSantis – the largest of its kind by an individual state – is the latest sign of mounting unrest among Republican policymakers over so-called “ESG,” or environmental, social and corporate governance practices.
Florida’s chief financial officer, Jimmy Patronis, accused BlackRock of attempting to “use their power to influence societal outcomes.”
Is Stacey Abrams the next FCC nominee?
14 replies
According to Communications Daily, Stacey Abrams is lobbying to be the next nominee to the Federal Communications Commission (FCC). Gigi Sohn, the current nominee, has little to no chance of being confirmed in the Senate.
Abrams is waiting in the wings for her shot as a D.C. power player. The two time loser in her attempts to become the next governor of Georgia is looking at a seat on the FCC for a job. Can she convince the powers that be that she is the right person?
A federal appeals court on Thursday overturned a judge's decision to appoint a special watchdog to review documents seized by the FBI from the Florida residence of former President Donald Trump in August as part of a criminal investigation.
The Department of Justice had objected to the appointment of that watchdog, known as a special master, by a federal judge in Florida who was nominated to the bench by Trump. The DOJ said the special master appointment delayed DOJ from using the seized documents as part of that probe until they were cleared.
Washington - The Supreme Court on Thursday delayed a decision on whether to grant President Joe Biden's bid to implement his student loan forgiveness plan, announcing instead that it will hear full oral arguments on an expedited basis.
In a brief order, the court said it would hear arguments in February with a decision soon to follow. In the meantime, the plan remains blocked. Solicitor General Elizabeth Prelogar filed an emergency application Nov. 18 on behalf of the Biden administration asking the justices to lift an injunction imposed by the St. Louis-based 8th U.S. Circuit Court of Appeals. In a separate case, a federal judge in Texas has also blocked
President Biden all but declared himself as the greatest president in America’s history on Wednesday.
"I tell you what," the president said. "No one’s ever done as much as president as this administration’s doing. Period." Biden spoke during the White House Tribal Nations Summit, which was to feature new announcements and efforts to put new policies in place that support Tribal communities. The summit, which takes place at the Department of the Interior, gives tribal leaders the opportunity to engage with top U.S. officials on ways to strengthen nation-to-nation relationships and ensure indigenous communities endure for years to come.
As Biden spoke during the opening day
Midterm election turnout among black voters appears to be 25 percent lower than white turnout, marking the lowest share of the black electorate since 2006, a New York Times analysis revealed Wednesday.
The low turnout of black voters is a strong indicator Democrats could be losing a key portion of their intersection coalition long heralded by members of the left, such as election denier House Minority Leader Hakeem Jeffries (D-NY), who has claimed the strategy a “gorgeous mosaic” and “not a cult.”
Conclusive numbers have not yet been completely compiled from all 50 states, but an early snapshot of voter data suggests black voter turnout was well below the national average
Yesterday, the Wall Street Journal published an opinion piece by attorney Robin Keller describing how she lost her job at a large law firm after daring to speak up in favor of the Dobbs decision. This didn’t happen at a general staff meeting but on a conference call explicitly held to allow staffers to discuss the decision.
After the Supreme Court issued its Dobbs decision overturning Roe v. Wade in June, global law firm Hogan Lovells organized an online conference call for female employees. As a retired equity partner still actively serving clients, I was invited to participate in what was billed as a “safe space” for women
Elon Musk’s back may be against the wall as Twitter’s new owner, but he has plenty of friends in high places, especially in the tech sector.
Netflix co-founder and co-CEO Reed Hastings praised the Tesla billionaire as “the bravest, most creative person on the planet” during a wide-ranging session at the New York Times DealBook conference. “What he’s done in multiple areas is phenomenal.” Hastings hastened to add, “His style is different. I’m trying to be, like, a steady, respectable leader up here and he’s just out there.” he added, drawing a big laugh from the crowd at Jazz at Lincoln Center. With the $44 billion he and his backers
Washington Post Ends Print Sunday Magazine
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The Washington Post will end the print edition of its Sunday magazine, Executive Editor Sally Buzbee told staffers in a memo Wednesday. Its last edition will be December 25. Some of the magazine’s features will move to a “revitalized Style section,” Buzbee writes in a short note, adding that Post remains “committed to longform journalism.”
So what will happen to the magazine’s content? Tom Sietsema’s dining column and the crossword will run in the Sunday print edition as well as online of course, Post spokesperson Shani George tells Washingtonian. “Other features will be sunset,” George says. You know what that means: No more Date Lab.
As RedState reported earlier, there was both good and bad news on the Twitter freedom front Wednesday, with the bad news being the European Union getting all stompy feet and threatening to ban the social media platform if new CEO Elon Musk, who has vowed to make it a more welcoming place for differing points of view and open dialogue, doesn’t tighten the reins by censoring and banning content according to the EU’s Digital Services Act.
“Twitter will have to implement transparent user policies, significantly reinforce content moderation and protect freedom of speech, tackle disinformation with resolve, and limit targeted advertising,” EU Internal Market Commissioner Thierry Breton
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Don’t be fooled. In the promotional interviews for her new book, The Light We Carry, Michelle Obama insists that the book is simply her personal “toolkit” about how she deals with the challenges of “uncertain times.” No, The Light We Carry is not a self-help book. It is Michelle’s crafty attempt to position herself to be the Democrat nominee for president in 2024. In fact, it is Michelle’s second autobiography, a follow up to her wildly successful 2018 memoir, Becoming. As it would have been awkward for Michelle to write a second self-promotional autobiography entitled “Becoming Part II,” the new book is released under the ruse of a self-help guide.
Biden administration approves rule that
funnels workers’ retirement funds into
left-wing causes 34 replies
funnels workers’ retirement funds into
left-wing causes 34 replies
The Biden administration has quietly finalized a rule allowing employers to funnel workers’ 401(k) funds into investments that support woke causes that address issues such as climate change and diversity.
The Labor Department approved the rule last week, just two days before the Thanksgiving break. It will affect roughly 150 million workers and $10 trillion in assets covered under the Employee Retirement Income Security Act of 1974.
The rule says asset managers and retirement plan administrators should consider environmental, social and corporate governance (ESG) factors when selecting investments.
President Biden all but declared himself as the greatest president in America’s history on Wednesday.
"I tell you what," the president said. "No one’s ever done as much as president as this administration’s doing. Period." Biden spoke during the White House Tribal Nations Summit, which was to feature new announcements and efforts to put new policies in place that support Tribal communities. The summit, which takes place at the Department of the Interior, gives tribal leaders the opportunity to engage with top U.S. officials on ways to strengthen nation-to-nation relationships and ensure indigenous communities endure for years to come.
As Biden spoke during the opening day
A reparations committee in California has suggested that descendants of slaves in the state could be compensated $223,200 each for 'housing discrimination'.
The nine-member Reparations Task Force was formed by California Governor Gavin Newsom as part of the country's largest ever effort to address reparations for slavery.
A focus of the California task force has been 'housing discrimination' - it has been estimated that it would cost around $569billion to compensate the 2.5 million Black Californians for setbacks between 1933 and 1977, according to the New York Times.
That is more than California's $512.8billion expenditure in 2021 - which included funding for schools, hospitals, universities, highways, policing and corrections.
President Joe Biden was slammed by critics for suggesting that the public didn’t know “what the hell a supply chain was.”
During a rally in Michigan, Biden claimed that Americans didn’t understand what a supply chain was “10 years ago,” and it wasn’t until the Covid-19 pandemic that brought it to people’s attention that it began to affect the economy.
“10 years ago, how many of you knew what the hell a supply chain was? No, I’m serious!” Biden shouted at the crowd.
Trying to save face after insinuating that Americans are too dumb to understand how a supply chain works, the president then asked reporters
House Democrats might release former President Donald Trump’s tax returns, Speaker of the House Nancy Pelosi (D-Calif.) said on Dec. 1.
The decision would be up to Ways and Means Committee Chairman Richard Neal (D-Mass.) and members of the panel, Pelosi said.
“That’s a judgment they’re going to have to make,” she told reporters during a briefing in Washington.
The judgment would be in keeping with the purpose of acquiring the returns, which Neal has said is examining the way the IRS audits presidents and considering legislative reform to the program, Pelosi added.
An actual giant who obviously likes his cheese and wine, lost it when a group of climate change nuts blocked a busy road, causing massive traffic.
The purpose of these disturbances is to force the government to implement an energy renovation plan commensurate with the climate emergency. “This summer there were 11,000 deaths due to heat waves, what will it be like this winter? warns a young activist.
So faced with this reality, they chose to block the road.
Georgia Lt. Gov Geoff Duncan (R) said Wednesday on CNN’s “Anderson Cooper 360” that after waiting in line for an hour, he declined to vote in the runoff election between Sen. Raphael Warnock (D-GA) and Georgia Republican Senate nominee Herschel Walker.
He said neither Senate candidate “made sense.”
Duncan said, “Well, there’s a serious imbalance of energy right now. The Warnock campaign seems to be gaining seem and momentum. And every time you turn on the TV, there’s an ad running. It’s not necessarily the Walker side. I think you mentioned there was a brief five-day period where he was absent from the campaign trail.
People around the country are looking at the Georgia Senate runoff between Democrat Raphael Warnock and Republican Hershel Walker. Lots of people wondering what is going on. Well, last night the Republican party of Georgia gave an excellent example of what it means to be Republican in Georgia.
Republican Lieutenant Governor Geoff Duncan appeared on CNN to share his opinion of Republican candidate Hershel Walker. As Republican Duncan outlined during the interview he stood in line for an hour, took a ballot (snip) and then decided he could just not vote for a Republican in Georgia, so he turned around and walked back out without voting.
Republicans’ Christmas Gift To Voters
Is Helping Democrats Pass A Major Omnibus
Spending Bill 22 replies
Is Helping Democrats Pass A Major Omnibus
Spending Bill 22 replies
Congressional Republican leaders are working in lockstep with their Democrat counterparts to pass a massive taxpayer-funded spending bill before the end of the year. The move comes immediately after a dozen Senate Republicans helped their Democrat colleagues advance a bill permitting radical leftists to wage legal war against religious Americans who value the true meaning of marriage.
Maryland Republican Gov. Larry Hogan, unable to run for another term due to term limits, is holding two fundraisers on Wednesday to look for support and fund future political activity amid speculation of a possible 2024 presidential bid.
Hogan, looking to position himself as an “alternative” to former President Donald Trump, has two fundraisers scheduled for Wednesday at a hotel and casino outside Maryland’s state capital.
One of the events is supposed to launch his political action committee, Better Path Forward, while the other is to be held for his political organization, An America United, according to the organization’s executive director David Weinman.
Democratic Arizona Secretary of State and Gov.-elect Katie Hobbs’ top deputy threatened the Mohave County Board of Supervisors with prosecution if it didn’t certify her election results before a Monday deadline, according to emails and documents reviewed by the Daily Caller News Foundation.
Arizona State Elections Director Kori Lorick wrote several letters and emails to members of the board, warning them of criminal charges if the refused to certify the results in time. The letters included threats of lawsuits against the members for “nonfeasance,” as well, per the emails.
“The Secretary of State did contact our County and cited A.R.S. Section 16-1010 as a statute that could be used to prosecute [the