FTX crypto currency exchange CEO Sam Bankman-Fried is a major donor to multiple progressive causes and politicians. This week as FTX starts to collapse, the financial system underneath the exchange looks more like a Ponzi scheme falling apart.

The CEO had been a major donor to regulators on Capitol Hill, and the tentacles of FTX extend to Ukraine where Sam Bankman-Fried was operating to support the Ukraine government with crypto currency collections and donations. The FTX corporation and CEO Sam Bankman-Fried is now under multiple investigations.  Here’s the 90-second recap of the current dynamic. WATCH:

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(Via Daily Caller) Sam Bankman-Fried, prolific Democratic donor and ex-CEO of now-bankrupt cryptocurrency exchange FTX, funded the campaigns of members of Congress overseeing the Commodity Futures Trading Commission (CFTC), one of the key bodies tasked with regulating the crypto industry and the subject of Bankman-Fried’s aggressive lobbying.

Bankman-Fried’s FTX is currently under investigation by the CFTC and the Securities and Exchange Commission (SEC) after Bankman-Fried allegedly moved $10 billion in client assets from his crypto exchange to his trading firm Alameda Research, and a liquidity crisis at his exchange which prompted the company to file for bankruptcy. However, prior to the agency’s probe, Bankman-Fried aggressively courted the CFTC – and funded several key lawmakers charged with overseeing the agency, pouring cash into their campaign coffers. (read more)

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CNN’s Bob Costa reports about explosive reports from sources who have heard anonymous reports from those who might have some familiarity with reports from others who have a connection to the matter.   Things sound super cereal (source):

Also, Bob Costa 2017:

They are not even trying any more.

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They have proposed and refined so many of the carbon trading schemes, it becomes difficult to remember which iteration each new formula replaces.  Heck, I’ve lost track of how many of the individual components of the larger plan are already in place.  However, John Kerry has introduced the western elites at COP27 to the latest acceptable proposal surrounding coal fired energy.

Against the backdrop of sped-up Build Back Better urgency, this coal-based carbon trading platform is called the Energy Transition Accelerator (ETA).

When you stay elevated to the larger way the Energy Transition Accelerator works you can clearly see the transferring of wealth from your bank account to the global control mechanism that will eventually determine your energy allotment.  The companies that provide energy are simply the collectors for the fees you will pay to the World Economic Forum income disbursement group.

(Reuters) – […] The scheme, known as the Energy Transition Accelerator (ETA), was launched at the United Nations’ COP27 conference this week by John Kerry, the United States’ climate envoy, in collaboration with the Rockefeller Foundation and the Bezos Earth Fund.

[…] Voluntary carbon markets, in which companies get emissions credits in return for channeling cash to poor countries that cut their carbon output, have often been riddled with fraud and double-counting. Many critics think rich countries should just fork out the cash themselves to close coal plants – or tax fossil fuel companies to get the money. (read more)

There’s the system in a nutshell.  Energy providers must purchase emission credits from the ‘carbon market’ (govt); in the U.S. likely the EPA as they do with RIN credits.  The electricity provider puts the carbon purchase credit fee in your electricity bill.

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The Bureau of Labor and Statistics (BLS) provides the latest data on consumer prices (inflation) [DATA HERE].  We explained in 2021 how inflation would grow on a month-over-month and year-over-year basis until the calendar became more friendly and the government officials could claim “diminished inflation growth.”  Well, we are now entering that phase of economic parseltongue.

October consumer prices increased 0.4% over September.  However, we are now comparing year-over-year (Y0Y) inflation to the period where last year’s prices had already skyrocketed, so YoY inflation seems to be moderating at 7.7%, it’s a false premise. {Go Deep}

As expected, the energy-driven consumer inflation in the food sector has arrived.  The proverbial field inflation is arriving at the fork, and the October CPI now shows the third wave of food price increases we had previously discussed.

Table 2 Details: Egg prices increased +10.1% last month and now 43% higher than last year.  Butter +1.9% last month, 26.7% for year.  Margarine +1.3% for month, 47.1% for year.  Coffee +1.3% for the month, 15.6% for the year.

Heading into baking season we find flour +0.2% for the month, +24.6% for year.  Essentially, as expected, all of the holiday foodstuffs are now rising in price as the increased field and commodity prices hit the store shelves.

Some row crops are starting to moderate in price growth, while dairy products continue rising throughout the fall season.  It is going to be painful on the checkbook grocery shopping this holiday season.

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In foreign countries when the ruling government sends federal police or military agents of the regime in power to “monitor elections,” U.S. politicians and media call it intimidation, corruption and election fraud.  When Joe Biden sends federal police to monitor elections, U.S. politicians and media call it “protecting democracy.”  The process is identical.

Comrades, earlier today the political branch of the Dept of Justice announced their dispatch to key Democrat cities and counties in order to support the correct regime voting process.  No, really, they did. [LINK]

(DOJ) – The Justice Department announced today its plans to monitor compliance with federal voting rights laws in 64 jurisdictions in 24 states for the Nov. 8, 2022 general election. Since the passage of the Voting Rights Act of 1965, the Civil Rights Division has regularly monitored elections in the field in jurisdictions around the country to protect the rights of voters. The Civil Rights Division will also take complaints from the public nationwide regarding possible violations of the federal voting rights laws through its call center. The Civil Rights Division enforces the federal voting rights laws that protect the rights of all citizens to access the ballot.   

For the general election, the Civil Rights Division will monitor for compliance with the federal voting rights laws on Election Day and/or in early voting in 64 jurisdictions: 

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The Wall Street Journal is reporting that Facebook’s parent company, Meta, is planning to lay off people after the midterm election next week.  Meta has lost 70% of its stock value after announcing poor user engagement and financial support last week while investors fled to the exits.

In the big picture, those companies who were ideologically aligned with the Biden administration’s larger political efforts will all likely start announcing layoffs soon. There’s a better than reasonable likelihood some companies have deferred layoff announcements in an effort to help the employment stats for the Biden Administration.

(Via Wall Street Journal) – […] The layoffs are expected to affect many thousands of employees and an announcement is planned to come as soon as Wednesday, according to the people. Meta reported more than 87,000 employees at the end of September. Company officials already told employees to cancel nonessential travel beginning this week, the people said.

The planned layoffs would be the first broad head-count reductions to occur in the company’s 18-year history. While smaller on a percentage basis than the cuts at Twitter Inc. this past week, which hit about half of that company’s staff, the number of Meta employees expected to lose their jobs could be the largest to date at a major technology corporation in a year that has seen a tech-industry retrenchment.

The cuts expected to be announced this week follow several months of more targeted staffing reductions in which employees were managed out or saw their roles eliminated.

“Realistically, there are probably a bunch of people at the company who shouldn’t be here,” Mr. Zuckerberg told employees at a companywide meeting at the end of June. (read more)

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One of the most stubborn voices of unapologetic reason and pushback over the past two years amid COVID madness has been U.K political pundit Mr Neil Oliver.

Specifically, because Oliver and CTH are aligned in a common brotherhood within the rebel alliance movement; and specifically, because Oliver outlined in weekly granular details all of the affronts to reason, liberty and general commonsense throughout the pandemic madness; I was waiting to see/hear how Oliver would respond to the latest request for “pandemic amnesty” from the Branch Covidians.  His 15-minute reply to the totalitarians beating a hasty retreat is awesome.

Oliver walks through some of the more egregious examples of totalitarianism and dictatorial fiat from two years of the public-private partnership, and then outlines why it is beyond comprehension that Covidians would even fathom to request “amnesty” after their two-years terroristic campaign and shredding of individual rights at the altar of the Covidian religion.  Well worth watching:

https://youtu.be/3m3yi82A8Zc?t=225

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First, the pandemic madness needs to stop.  Then the perpetrators need to admit the totality of their brutal conduct.  Then an apology.  Then there needs to be visible and public requests for forgiveness. Then there needs to be a reckoning, which includes the need for consequential punishment.  After the punishment as a deterrent, there needs to be a global vow never to repeat the behaviors.

Any talk of possible amnesty comes long after those sequential issues are resolved.  But considering, well, hell, they haven’t even stopped the madness yet, they have some nerve asking for amnesty.

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Tomorrow, Sunday November 6th, President Trump will be holding a rally in Miami-Dade, Florida, for the slate of republican candidates.  All of the main republican candidates, including both Florida senators, who rely on the diverse America-First MAGA movement for election victories will be there…. Except Ron DeSantis.

Now, I get it. I mean, I understand why the people managing Florida Governor Ron DeSantis cannot have their principle appearing at a MAGA rally to receive the endorsement of President Trump, an almost certain 2024 candidate they are planning to challenge a few months later.  However, I get it because I see the roadmap they’ve laid in front of him; a roadmap he is following.

But again, it takes a level of intellectual honesty to accept the basic point that if Ron DeSantis was not planning to run for higher office, or at least leave that option available, there is nothing to lose for DeSantis to appear with Trump.  The only downside to attending the Miami MAGA rally is if DeSantis would want to challenge President Trump a few months later.  Honesty is the cornerstone of accepting things as they are, not as we would wish them to be.

Florida Governor Ron DeSantis will not be at the Miami-Dade County Fair and Exposition Center, because the team managing Ron DeSantis national branding campaign don’t want him there.

Since July/Aug {Go Deep} the new management in charge of DeSantis have been positioning him as the Trump alternative, the more acceptable republican candidate, ie. the club candidate

Instead, the republican club and Wall Street financed “Friends of Ron DeSantis” superPAC ($150+ million) have organized another optical event in the much deeper red, Southwest Florida (advertisement left) [LINK HERE].

Notice who is paying for the DeSantis event.  Parker Yancey McCollum is an American Americana and country singer-songwriter based in Texas, and if you follow the granular details of the GOPe branding effort, you might notice the DeSantis management team have deployed the strategy of hitching the governor’s wagon to popular music stars [Luke Bryan example].

This specific branding approach is familiar to professional political consultants and those who follow the deep weeds around ‘imaging’ in political campaigns.  The objective is to use the popularity of the Hollywood or music star as a draw for the crowd.  The managed politician benefits from the optical illusion of a large crowd gathered to support the candidate.

The image and branding approach is useful in avoiding a campaign event at a venue where the crowd doesn’t show up, which looks horrible for the candidate.

While President Donald Trump rallies the MAGA movement in Miami-Dade, specifically going to the formerly deep blue region to drive the proverbial stake through the heart of the left-wing political machine in Florida, Governor Ron DeSantis will hold court within deep red southwest Florida, using Parker McCollum to hopefully offset the optics of DeSantis absence at the MAGA rally.

Rising country music star Parker McCollum was not scheduled to perform in SWFL [Schedule Here] and the DeSantis event is advertised, promoted and financed by the GOPe SuperPac ‘Friends of Ron DeSantis’.   The motives and intents being the DeSantis branding and management team remain clear to those with eyes to see.

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As anticipated, Blue Check Twitter is big mad today….

(Politico) – Elon Musk began firing hundreds of Twitter employees on Friday, four days before the midterm elections, including members of the teams that work on U.S. elections and content moderation on the high-profile social-media platform.

Tweets flooded the platform on Friday, many using the hashtags #LoveWhereYouWork and #OneTeam, as employees let others know that they had been let go. Many of those posting had previously worked in roles including public policy, trust and safety, communications, engineering, marketing and human resources.

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During a speech today, Joe Biden bragged about the example of his visit to a Massachusetts coal-fired plant that was forced to close due to regulation.  However, what Biden didn’t mention was the energy provider telling customers to expect a 64% increase in electricity rates effective November 1st.

BIDEN: …”I was just — and so we can accommodate that transition.  I was in Massachusetts about a month ago on the site of the largest old coal plant in America.  Guess what?  It cost them too much money.  They can’t count.  No one is building new coal plants because they can’t rely on it, even if they have all the coal guaranteed for the rest of their existence of the plant.  So it’s going to become a wind generation.

And all they’re doing is — it’s going to save them a hell of a lot of money, and they’re using the same transmission line that transmitted the coal-fired electric on.  We’re going to be shutting these plants down all across America and having wind and solar.”… (link) 

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