The Senate Leadership Fund is the Political Action Committee (PAC) controlled by Mitch McConnell. Within the quarterly FEC filings of the Senate Leadership Fund, we discover that in addition to funding Joe Biden and Democrats, the ponzi scheme known as the FTX cryptocurrency exchange was also funding Mitch McConnell with $2.5 million. [Document Source]
There is a lot of speculation about U.S. taxpayer funds going to Ukraine, then transferring into the FTX crypto exchange program, then exiting back out with FTX donations to the DC politicians who provided the Ukraine funds. If this ends up being accurate, then the FTX crypto currency operation was being used as a laundry system to funnel money from congress through Ukraine and back into the pockets of politicians.
Do not look for DC politicians to investigate or expose themselves in this potential laundry operation.
Sam Bankman-Fried admits that FTX is a crypto laundromat for the Ukrainian government. pic.twitter.com/c7798pHFif
— Bob Bishop – Forensic Investigator (@BobBish40288847) November 13, 2022
Most people think when they vote for a federal politician -a House or Senate representative- they are voting for a person who will go to Washington DC and write or enact legislation. This is the old-fashioned “schoolhouse rock” perspective based on decades past. There is not a single person in congress writing legislation or laws.
In modern politics not a single member of the House of Representatives or Senator writes a law or puts pen to paper to write out a legislative construct. This simply doesn’t happen.
Over the past several decades a system of constructing legislation has taken over Washington DC that more resembles a business operation than a legislative body. Understand this dynamic and you understand how politicians become multi-millionaires on much lesser salaries; and why ‘We The People’ are insignificant and annoying gnats to their business model. Here’s how it works right now.
Outside groups, often called “special interest groups”, are entities that represent their interests in legislative constructs. These groups are often representing foreign governments, Wall Street multinational corporations, banks, financial groups or businesses; or smaller groups of people with a similar connection who come together and form a larger group under an umbrella of interest specific to their affiliation.
Sometimes the groups are social interest groups, activists, climate groups, environmental interests etc. The social interest groups are usually non-profit constructs who depend on the expenditures of government to sustain their cause or need.
The for-profit groups (mostly business) have a purpose in Washington DC to shape policy, legislation and laws favorable to their interests. They have fully staffed offices just like any business would – only their ‘business‘ is getting legislation for their unique interests.
These groups are filled with highly paid lawyers who represent the interests of the entity and actually write laws and legislation briefs.
In the modern era this is actually the origination of the laws that we eventually see passed by congress. Within the walls of these buildings within Washington DC is where the ‘sausage’ is actually made.
Again, no elected official is usually part of this law origination process.
Almost all legislation created is not ‘high profile’, they are obscure changes to current laws, regulations or policies that no-one pays attention to. The passage of the general bills within legislation is not covered in media. Ninety-nine percent of legislative activity happens without anyone outside the system even paying any attention to it.
Once the corporation or representative organizational entity has written the law they want to see passed – they hand it off to the lobbyists.
The lobbyists are people who have deep contacts within the political bodies of the legislative branch, usually former House/Senate staff or former House/Senate politicians themselves.
The lobbyist takes the written brief, the legislative construct, and it’s their job to go to congress and sell it.
“Selling it” means finding politicians who will accept the brief, sponsor their bill and eventually get it to a vote and passage. The lobbyist does this by visiting the politician in their office, or, most currently familiar, by inviting the politician to an event they are hosting. The event is called a junket when it involves travel.
Often the lobbying “event” might be a weekend trip to a ski resort, or a “conference” that takes place at a resort. The actual sales pitch for the bill is usually not too long and the majority of the time is just like a mini vacation etc.
The size of the indulgence within the event, the amount of money the lobbyist is spending, is customarily related to the scale of benefit within the bill the sponsoring business entity is pushing. If the sponsoring business or interest group can gain a lot of financial benefit from the legislation, they spend a lot on the indulgences.
Recap: Corporations (special interest group) write the legislation. Lobbyists take the law and go find politician(s) to support it. Politicians get support from their peers using tenure and status etc. Eventually, if things go according to norm, the legislation gets a vote.
Within every step of the process there are expense account lunches, dinners, trips, venue tickets and a host of other customary financial waypoints to generate/leverage a successful outcome. The amount of money spent is proportional to the benefit derived from the outcome.
The important part to remember is that the origination of the entire process is EXTERNAL to congress.
Congress does not write laws or legislation; special interest groups do. Lobbyists are paid, some very well paid, to get politicians to go along with the need of the legislative group.
When you are voting for a Congressional Rep or a U.S. Senator you are not voting for a person who will write laws. Your rep only votes on legislation to approve or disapprove of constructs that are written by outside groups and sold to them through lobbyists who work for those outside groups.
While all of this is happening the same outside groups who write the laws are providing money for the campaigns of the politicians, they need to pass them. This construct sets up the quid-pro-quo of influence, although much of it is fraught with plausible deniability.
This is the way legislation is created.
If your frame of reference is not established in this basic understanding you can often fall into the trap of viewing a politician, or political vote, through a false prism. The modern origin of all legislative constructs is not within congress.
“we’ll have to pass the bill to, well, find out what is in the bill” etc. ~ Nancy Pelosi 2009
“We rely upon the stupidity of the American voter” ~ Johnathan Gruber 2011, 2012.
Once you understand this process you can understand how politicians get rich.
When a House or Senate member becomes educated on the intent of the legislation, they have attended the sales pitch; and when they find out the likelihood of support for that legislation; they can then position their own (or their families) financial interests to benefit from the consequence of passage. It is a process similar to insider trading on Wall Street, except the trading is based on knowing who will benefit from a legislative passage.
The legislative construct passes from K-Street into the halls of congress through congressional committees. The law originates from the committee to the full House or Senate. Committee seats which vote on these bills are therefore more valuable to the lobbyists. Chairs of these committees are exponentially more valuable.
Now, think about this reality against the backdrop of the 2016 Presidential Election. Legislation is passed based on ideology. In the aftermath of the 2016 election the system within DC was not structurally set-up to receive a Donald Trump presidency.
If Hillary Clinton had won the election, her oval Office desk would be filled with legislation passed by congress which she would have been signing. Heck, she’d have writer’s cramp from all of the special interest legislation, driven by special interest groups that supported her campaign, that would be flowing to her desk.
Why?
Simply because the authors of the legislation, the originating special interest and lobbying groups, were spending millions to fund her campaign. Hillary Clinton would be signing K-Street constructed special interest legislation to repay all of those donors/investors.
Congress would be fast-tracking the passage because the same interest groups also fund the members of congress.
President Donald Trump winning the2016 election threw a monkey wrench into the entire DC system…. In early 2017 the modern legislative machine was frozen in place.
The “America First” policies represented by candidate Donald Trump were not within the legislative constructs coming from the K-Street authors of the legislation. There were no MAGA lobbyists waiting on Trump ideology to advance legislation based on America First objectives.
As a result of an empty feeder system, in early 2017 congress had no bills to advance because all of the myriad of bills and briefs written were not in line with President Trump policy. There was simply no entity within DC writing legislation that was in-line with President Trump’s America-First’ economic and foreign policy agenda.
Exactly the opposite was true. All of the DC legislative briefs and constructs were/are antithetical to Trump policy. There were hundreds of file boxes filled with thousands of legislative constructs that became worthless when Donald Trump won the election.
Those legislative constructs (briefs) representing tens of millions of dollars’ worth of time and influence were just sitting there piled up in boxes under desks and in closets amid K-Street and the congressional offices. Legislation needed to be in-line with an entire new political perspective, and there was no-one, no special interest or lobbying group, currently occupying DC office space with any interest in synergy with Trump policy.
Think about the larger ramifications within that truism. That is also why there was/is so much opposition.
No legislation provided by outside interests means no work for lobbyists who sell it. No work means no money. No money means no expense accounts. No expenses mean politicians paying for their own indulgences etc.
Politicians were not happy without their indulgences, but the issue was actually bigger. No K-Street expenditures also means no personal benefit; and no opportunity to advance financial benefit from the insider trading system.
Without the ability to position personal wealth for benefit, why would a politician stay in office? The income of many long-term politicians on both Republican and Democrat sides of the aisle was completely disrupted by President Trump winning the election. That is one of the key reasons why so many politicians retired immediately thereafter.
When we understand the business of DC, we understand the difference between legislation with a traditional purpose and modern legislation with a financial and political agenda.
Additionally, while looking for the FTX donations, it’s worth noting that Citadel Investment CEO Ken Griffin also gave Mitch McConnell’s Senate Leadership Fund, $20 million in 2022. This is the same Ken Griffin that is a major donor funding the Ron DeSantis 2024 effort. (SOURCE)
Just what is “the people’s work” they do?
The recent Pelosi incident reminds me of ALL the kneeling(S) when the suspect said he wants to break Pelosi’s knee. Here, for George Flyod – and ALL other ’causes’ Ukraine cause – no different. MOB RULE MONEY TALKS
Falls in the same category with FJB and Trudope playing dress up at the G20. SMH that these are supposedly our leaders. They are shameful, childish and foolish.
Sue
@Sue4430
Replying to
@sayswhatimean
and@DFBHarvard
They were paid greatly for their lack of leadership. In 2020 they received over 2 million each from ftx. mitch McConnell got a lot of donations from big pharmaceutical companies…
https://www.opensecrets.org/members-of-congress/mitch-mcconnell/contributors?cid=N00003389&cycle=2022&recs=100&type=I
Looking for how to fix the swamp problem? Tony Evans outlines the (I believe the only) way here in this video. https://stream.org/tony-evans-what-on-earth-is-going-on/. Well worth the time to listen to.
Sundance: Thank you ~ this is some of the most enlightening piece of information I have read in a long time. Rush always said follow the money. You clearly and succinctly laid out the; who, what, were, when, why and how. Thank you!!
It was obvious when politicians on both sides visited Ukraine with media spinning reasons why they went and what they were doing. Same for Pelosi who went to China and Taiwan. Zelensky since Biden’s involvement in getting the poor sod investigating Hunter; and prior, has long spun a large criminal spidery blackmail web
Yes, it WAS rather blatant. Just as blatant as the continuing billions being sent to fund Ukraine’s politicians and pensions, while in the citizens suffer with roaring inflation under Biden policies meant to enrich green companies and starve people.
Congress has become a MOB with McConnell as the MOB BOSS.
I have no respect for any of them because they are basically stealing from the american taxpayer. They are do nothing congresscritters…..just thieves.
We all know there is no honor among thieves.
Well, lookee there. Now, what do you say, McConnell and company? You too, Kevin??? And, these numbnuts want to retain leadership?
I pray President Trump announces a new party and we can be done with this Swamp and its gross, over-indulged cretins.
Uniparty hush money.
https://www.thegatewaypundit.com/2022/11/president-trump-shares-numerous-memes-truth-social-hinting-announcement-mar-lago-tonigh/
Announcing for president in 2024 has lost its luster; we just watched 2022 stolen, after we watched 2020 stolen. I’m going to vote harder next time.
https://www.thegatewaypundit.com/2022/11/dirty-mitch-take-mcconnell-received-2-5-million-crypto-laundromat-ftx-senate-leadership-fund/
This thing is right up there with ABSCAM from the late 70’s minus any FBI investigation of course.
Harrison Williams, Senator from NJ, was beautifully set up and entrapped. We may never know why, as just about
everyone involved in that incident has passed on. The popular man was utterly destroyed.
FTX was an utterly brilliant scheme by the UniParty and CIA (any operation being run through Ukraine is a joint CIA and Military-Industrial complex affair). The more I look at it from all angles, a cryptocurrency exchange was a perfect money laundering vehicle which completely obscures the flow of money both ways. They are truly playing chess to our checkers.
But FTX’s usefulness isn’t over yet despite the bankruptcy. Notice how controlled opposition Fox News is heavily covering the FTX scandal today in their coverage. Anytime they are allowed to cover a news item, recognize it’s always for another purpose.
The Deep State will use the scandal in the media to give Congress cover for heavily regulating cryptocurrency exchanges. May even lead to the CBDC being formally introduced in America by our beloved Federal Reserve.
Little Elmer Fudd, aka Sam B-F, suddenly is funded to set up this sewer. By who? His girlfriend who runs Alameda is the daughter of Gensler head of the SEC. They are moving huge money back and forth between their two companies (illegally) and then he is siphoning money second only to Soros to the Democrats election (and that’s on top that you can see). The midterm ballot collusion is over and Stupid Sam is shut down by those who set him up along with the Ukraine money skip-loader. This rabbit hole runs deep. How do elected officials making $125K become multi-millionaires in a few short years? FTX is one way. There are many more.
Watching him read his response to the semi-orgasmic CNN news bunny, in his Smurf voice was comforting…sarcasm off.
The SOB”s sent OUR taxpayer $$$ (not accounted for and NO controls) to Zelensky, who in turn sent it back with HIS cut.
REcall his cabinet minister being stopped at Hungary border and being returned with $1,000,000 in a suitcase?!!! Story closed; never to be heard from again.
And R’s, McConnell, McCarthy, McDaniel KNEW IT WAS GOING ON and DID NOTHING
NOTHING.
Those funds FUNDED ads and buy-ins as needed to CONTROL the election.
Those three R’s did NOTHING to ensure a win by real Americans. All they can do is make certain their elite rightist coalition hangs together, and that the laundered lucre keeps rolling into their personal coffers.
Only Senator Rand Paul asked for accountability of the US tax dollars going to Ukraine. He was shut down of course. MAGA is the only legit political movement in the USA today. The Neo Cons, aks NAMBLA cons and Democrats are as crooked as can be a serve the multinational criminal organization that is the CCP.
And, once AGAIN how many of these traitor criminals are in jail???
Whats the number?????
No other questions need to be asked.
How ironic. They launder money worldwide but can’t seem to launder their filthy greasy selves at home.
I am not ready to move on to the next loathsome act these evil doers are accomplishing. Sundance go back to the MEGA candidates being cheated for the Dems. Over and done- Nooo this needs to be addressed now to stop the cheating . The Paul story has gone away but not this. This is too important and most of us are left devastated knowing the candidates were cheated.
Just found this on Twitter:
Chuck Callesto
@ChuckCallesto
BOMBSHELL REPORT: FTX Balance Sheet Contained Investment titled – “TRUMPLOSE”… -GWP
“Show me a man that gets rich by being a politician, and I’ll show you a crook.”
― Harry Truman
It seems to me that the big elephant in the room is how to create laws that align with MAGA values, outside the current monetary incentive system, that PDJT can sign when he comes back. Can we collect lawyers that will do this? How can we pay for it? Just a thought.
Sounds like turning the entire DC METRO area into a prison colony and nobody gets in or out !
Cut the water and food and nothing gets in or out !
Like Escape from New York apocalypse 101
Nothing new here, the Democrat party has been getting kick back “donations” from unions for decades.