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Most of the recipients have already pledged to donate the money. Some have already done so.
by eli 3y ago
Most of the recipients have already pledged to donate the money. Some have already done so.
- game_the0ry 3y ago...where do I begin. > Most of the recipients have already pledged "Most" have "pledged"...that does not give me as much comfort as it gives you. > Some have already done so. To who? Do those politicians perhaps have relationships with the orgs they donate to? I wouldn't trust a politician as far as I can throw one. Especially in this case where they could have easily returned the money to the bankruptcy trustee.
- sharts 3y agoIt’ll be like Sanders wiring funds to his family’s non-profit. What a thing freedom and democracy is.
- eli 3y agoAll campaign expenditures are public data. Most picked charities from the area they represent.
- anonymoushn 3y agoI'm sure FTX creditors will be happy with these choices.
- eli 3y agoI don't really understand what you're getting at.
- anonymoushn 3y agoLike if someone defrauded you and gave the money to politicians and the politicians gave the money to charities they were affiliated with instead of returning it to you I'm sure you'd be happy with that.
- game_the0ry 3y agoPut yourself in the shoes of an FTX victim. Would it give you any comfort knowing that your investment was donated to a politician's local charity so they could score political points, instead of going back to you? Understand yet?
- kosievdmerwe 3y agoIt's not their money to donate, stolen proceeds belong to the victims. They should've given it back to FTX. Additionally, money is fungible, so the politicians can't claim the money is "gone" after being donated, since presumably they're not bankrupt and have other money FTX can claw back.
- rgavuliak 3y agoHow easy is it to clawback money donated to a politician through a 3rd party? I am not a lawyer and don't live in the US, but I imagine that being super difficult and lengthy as a process.
- kosievdmerwe 3y agoYeah, I imagine it would involve a lawsuit, so not trivial if the politician is willing to fight. Though I'm not sure if most of the straw donors are 3rd parties, since the ones I knew about were officers of the company. Either way, I feel that the moral action is clear, but some politicians want to still use the ill-gotten gains for their political purposes while claiming to act morally. An act which is unfortunately fooling some people.