4 ms·

It can be pursued by those he didn’t donate to just as well. E.g the republican controlled house The DoJ and AG do seem focused on particularly bias driven mat

It can be pursued by those he didn’t donate to just as well. E.g the republican controlled house The DoJ and AG do seem focused on particularly bias driven matters though Edit: funny the negative response this comment elicits. Everybody in their own bubble these days

batch12 4y ago
> the republican controlled house Isn't the house still controlled by Democrats with the new congress starting in Jan?
- adam_arthur 4y ago
  Yes, so 1-2 months from now. They can start planning now
  - daveguy 4y ago
    Apparently, from your bubble, you did not previously know that FTX also contributed to republicans.
    - mc32 4y ago
      They did but to a certain group of them.
listless 4y ago
It’s the second sentence. I know the optics are bad, but there has to be evidence to back up a statement like that. And for the record, I agree with you. But if it’s just a “gut feeling” it’s not an argument I can put forward.
scythe 4y ago
Everyone knows Merrick Garland is a huge Taylor Swift fan. Haven't you seen the hidden camera video of him singing "Trouble" a capella?
ceejayoz 4y ago
> It can be pursued by those he didn’t donate to just as well. E.g the republican controlled house That's why the co-CEO donated millions to them.
- nightski 4y ago
  I’ve heard at theory that some are donating to extreme candidates on the other side to increase their odds of winning.
  - ceejayoz 4y ago
    You can review his donations at https://www.opensecrets.org/outside-spending/donor_detail/2022?id=U0000004758&type=I&super_only=N&name=Salame%2C+Ryan+D https://www.opensecrets.org/outside-spending/donor_detail/20.... Millions to the Senate and House leadership funds; that's not going to lost-cause races.
  - njarboe 4y ago
    "some" include the Democratic National Committee[1]. This type of action sure reinforces feelings that politics in America is gravely corrupt and some sort of reset is needed. [1]https://www.washingtonpost.com/politics/interactive/2022/democrat-ad-spending-republican-trump/ https://www.washingtonpost.com/politics/interactive/2022/dem...
matthewdgreen 4y ago
As others have pointed out, the FTX team donated to politicians of both parties in a very calculated way. There's a great diagram in this article that shows how the money flowed [1]. But as gross as all this is (and I think our political system's legalization of bribery is extremely gross) I tend to think that political cynics are also being insufficiently cynical about the current dynamics: If the FTX donors were a potential future source of funds, I have no doubt that there might be some political soft-touching going on. But that's not the case. SBF et al. are never going to be a significant source of political donations in the future. (Even if they somehow manage to recover some personal wealth, they're all politically radioactive.) There's no percentage for any politician to do them political favors at this point, and a huge amount of political downside. I think what you're seeing in the Bahamas right now is mostly to be expected: a whole bunch of agencies competing to figure out who will get jurisdiction and access to any remaining funds. This requires forensic acounting and some cooperation from the principles. SBF et al. being in jail (as opposed to being free but closely watched) will just make this early process much harder. [1] https://www.ft.com/content/428c7800-c72d-4c59-9940-4376fea6e263 https://www.ft.com/content/428c7800-c72d-4c59-9940-4376fea6e...
- jjeaff 4y ago
  Is there a way to read that article without a financial times subscription?
  - stuxnet 4y ago
    https://archive.ph/8FX5V https://archive.ph/8FX5V
BryantD 4y ago
As I mentioned in another comment, the House Financial Services Committee -- currently chaired by Maxine Walters (D) -- has already announced hearings. I don't mean this as an attack, but I find it's useful to occasionally examine my own bubble.

batch12 4y ago

> the republican controlled house Isn't the house still controlled by Democrats with the new congress starting in Jan?

adam_arthur 4y ago
Yes, so 1-2 months from now. They can start planning now
- daveguy 4y ago
  Apparently, from your bubble, you did not previously know that FTX also contributed to republicans.
  - mc32 4y ago
    They did but to a certain group of them.

listless 4y ago

It’s the second sentence. I know the optics are bad, but there has to be evidence to back up a statement like that. And for the record, I agree with you. But if it’s just a “gut feeling” it’s not an argument I can put forward.

scythe 4y ago

Everyone knows Merrick Garland is a huge Taylor Swift fan. Haven't you seen the hidden camera video of him singing "Trouble" a capella?

ceejayoz 4y ago

> It can be pursued by those he didn’t donate to just as well. E.g the republican controlled house That's why the co-CEO donated millions to them.

nightski 4y ago
I’ve heard at theory that some are donating to extreme candidates on the other side to increase their odds of winning.
- ceejayoz 4y ago
  You can review his donations at https://www.opensecrets.org/outside-spending/donor_detail/2022?id=U0000004758&type=I&super_only=N&name=Salame%2C+Ryan+D https://www.opensecrets.org/outside-spending/donor_detail/20.... Millions to the Senate and House leadership funds; that's not going to lost-cause races.
- njarboe 4y ago
  "some" include the Democratic National Committee[1]. This type of action sure reinforces feelings that politics in America is gravely corrupt and some sort of reset is needed. [1]https://www.washingtonpost.com/politics/interactive/2022/democrat-ad-spending-republican-trump/ https://www.washingtonpost.com/politics/interactive/2022/dem...

matthewdgreen 4y ago

As others have pointed out, the FTX team donated to politicians of both parties in a very calculated way. There's a great diagram in this article that shows how the money flowed [1]. But as gross as all this is (and I think our political system's legalization of bribery is extremely gross) I tend to think that political cynics are also being insufficiently cynical about the current dynamics: If the FTX donors were a potential future source of funds, I have no doubt that there might be some political soft-touching going on. But that's not the case. SBF et al. are never going to be a significant source of political donations in the future. (Even if they somehow manage to recover some personal wealth, they're all politically radioactive.) There's no percentage for any politician to do them political favors at this point, and a huge amount of political downside. I think what you're seeing in the Bahamas right now is mostly to be expected: a whole bunch of agencies competing to figure out who will get jurisdiction and access to any remaining funds. This requires forensic acounting and some cooperation from the principles. SBF et al. being in jail (as opposed to being free but closely watched) will just make this early process much harder. [1] https://www.ft.com/content/428c7800-c72d-4c59-9940-4376fea6e263 https://www.ft.com/content/428c7800-c72d-4c59-9940-4376fea6e...

jjeaff 4y ago
Is there a way to read that article without a financial times subscription?
- stuxnet 4y ago
  https://archive.ph/8FX5V https://archive.ph/8FX5V

BryantD 4y ago

As I mentioned in another comment, the House Financial Services Committee -- currently chaired by Maxine Walters (D) -- has already announced hearings. I don't mean this as an attack, but I find it's useful to occasionally examine my own bubble.