Thursday, March 28, 2024

KAMALA HARRIS AND THE CREATION OF THE MEXICAN WELFARE STATE IN CALIFORNIA

 CAN'T AFFORD HEALTHCARE? BECOME AN ILLEGAL AND VOTE DEM FOR WIDER OPEN BORDERS!

Among supporters of SB 4 were California’s most powerful unions and immigrant activist organizations. including the National Council of La Raza, Planned Parenthood Affiliates of California, the California Teachers Association and SEIU California.



In many speeches, Mayorkas says he is building a mass migration system to deliver workers to wealthy employers and investors and “equity” to poor foreigners. The nation’s border laws are subordinate to elites’ opinion about “the values of our country,” Mayorkas claims.
"This is how they will destroy America from within.  The leftist billionaires who orchestrate these plans are wealthy. Those tasked with representing us in Congress will never be exposed to the cost of the invasion of millions of migrants.  They have nothing but contempt for those of us who must endure the consequences of our communities being intruded upon by gang members, drug dealers and human traffickers.  These people have no intention of becoming Americans; like the Democrats who welcome them, they have contempt for us." PATRICIA McCARTHY
 

Kamala Harris: Medicare for All Includes Illegal Aliens PARTICULARLY WHEN THEY VOTE DEM FOR MORE!!!

https://mexicanoccupation.blogspot.com/2019/05/viva-la-raza-supremacy-hispandering.html

Harris, a guest on CNN's "State of the Union," said "I support Medicare for all. It is my preferred policy." She said she supports the bill introduced by Sen. Bernie Sanders.

 

Expanded Health Benefits for Illegal Alien Kids in California

MICHELLE MOONS


On Monday, California began covering health care for poor illegal aliens under the age of 19.

State enrollment estimates in the first year are expected to hit 185,000 of the 250,000 eligible minors, say state officials cited by the Associated Press. Legislative analysis of SB 4, the follow-up bill to shore up implementation of an earlier illegal alien public health care expansion bill, SB 75, details a budget allocation of $40 million toward the expansion. “Ongoing annual costs are estimated at $132 million General Fund.”

Among supporters of SB 4 were California’s most powerful unions and immigrant activist organizations. including the National Council of La Raza, Planned Parenthood Affiliates of California, the California Teachers Association and SEIU California.

Enrollment coordinator Claudia Carolina is working with schools in Los Angeles to publicize the program. The AP noted that outside the state Capitol, “health care and immigrant rights advocates celebrating the expansion turned their attention to their next goals. They want Medi-Cal – the state’s version of Medicaid – to cover income-eligible adults who migrated illegally …”.

An online KCRA 3 News poll via Facebook asked, “Should minors brought illegally to the U.S. be allowed to sign up for state-funded health care?” Respondents overwhelmingly said no: 62 percent rejected the idea, compared to 38 percent who said yes.

A bill analysis of SB 75 explains that it does the following:

Expands full-scope Medi-Cal coverage to children, regardless of immigration status, who currently would be eligible for Medi-Cal if not for immigration status, beginning when the department declares that systems are ready for implementation, but no sooner than May 1, 2016. Requires children eligible in this category to enroll in Medi-Cal managed care. Requires DHCS to seek federal financial participation (FFP), but requires coverage to be provided regardless of FFP. Requires DHCS to provide a semiannual status report to the Legislature until regulations have been adopted.

During a Los Angeles stop of the Chicago-based Rep. Luis Gutierrez’s (D-IL) National Immigration Action Tour of the United States, one audience member asked what would happen to her children if, presumably as illegal aliens, could not get on Obamacare. AB 60 specialist Carlos Leon explained that “there is insurance available for undocumented individuals and it does not have to be Obamacare.” AB 60 is the California law that allows illegal aliens to obtain driver’s licenses and disallows communication of immigration status from those licenses between Department of Motor Vehicles officials and U.S. Immigration and Customs Enforcement (ICE) officials.

Around 75 percent of unattended alien children (UAC) that entered the United States in fiscal year 2015 were ages 14 through 17, according to a U.S. Department of Health and Human Services, Office of Refugee Resettlement fact sheet. More than two-thirds of the total UACs were male in FY2015. 91 percent came from Guatemala, El Salvador or Honduras in that time frame.

Follow Michelle Moons on Twitter @MichelleDiana 

 

Study: More than 7-in-10 California Immigrant Welfare

https://www.breitbart.com/politics/2018/12/04/study-more-than-7-in-10-california-immigrant-households-are-on-welfare/


THE DEMOCRAT PARTY WILL DESTROY AMERICA. HASN'T IT ALREADY???


"Fox’s Tucker Carlson noted Thursday that Obrador has previously proposed granting AMNESTY TO MEXICAN DRUG CARTELS. “America is now Mexico's social safety net, and that's a very good deal for the Mexican ruling class,” Carlson added."

JOE BIDEN'S INVASION:

Vying for issue number one among voters is an out-of-control open border with illegal immigration now hitting record highs as hundreds of thousands pour in. Cities are going bankrupt with the onslaught. Border Patrol agents are shutting down legitimate trade to "process" migrants. Hospitals are flooded with diseased and injured migrants, and schools are overwhelmed with indigent pupils speaking more than a hundred languages.


Biden rolls over like a lapdog for Mexico's el presidente

By Monica Showalter

With elections on and Joe Biden hovering at around a 40% public approval rating, everyone can see that Joe Biden's starting to get desperate over his polls.

Vying for issue number one among voters is an out-of-control open border with illegal immigration now hitting record highs as hundreds of thousands pour in. Cities are going bankrupt with the onslaught. Border Patrol agents are shutting down legitimate trade to "process" migrants. Hospitals are flooded with diseased and injured migrants, and schools are overwhelmed with indigent pupils speaking more than a hundred languages.

Instead of change his policies to match what's written in law, Biden has sent his men down to Mexico to try to talk Mexico's anti-U.S. president, Andres Manuel Lopez-Obrador, into taking care of his migrant problem for him. AMLO, of course, is actually helping the migrants get in, which is a situation requiring assertiveness but there was none of that from Joe, just the image of a pleading lapdog.

According to the New York Post:

The White House sent Secretary of State Antony Blinken and Homeland Security Secretary Alejandro Mayorkas on Wednesday to meet with Mexican President Andrés Manuel López Obrador, hoping to obtain his assistance in slowing the wave of migrants crossing through his country on their way to ours.

The resulting “Joint Communique” from that parley reveals Mexico City has no interest in assisting an administration that won’t secure US borders.

The trip itself, scheduled during a holiday week when little gets done in either capital, reeked of desperation, and nothing in that communiqué dispels the stench.

Here's the main section of the declaration that came of it:

The two countries reaffirmed their existing commitments on fostering an orderly, humane, and regular migration. This includes reinforcing our partnership to address the root causes of migration, such as poverty, inequality, and violence, and for the two countries’ initiative for Cubans, Haitians, Nicaraguans and Venezuelans. Ongoing cooperation also includes enhanced efforts to disrupt human smuggling, trafficking, and criminal networks, and continuing the work to promote legal instead of irregular migration pathways. Also, both delegations agreed on the importance of maintaining and facilitating the vital bilateral trade at our shared border.

President López Obrador highlighted the commitment of President Biden to pursue regular, orderly, and secure migration. He stressed the need to continue the diplomatic and political engagement with all countries in the region, as well as investing in ambitious development programs throughout the entire hemisphere of the Americas. Both delegations underlined the efforts that the Biden administration is pursuing through development assistance and humanitarian aid, as well as advancing new private investments in the region.

Which is garbage, pretty much regurgitated palaver about 'root causes' from Biden's border czar, Kamala Harris and her vaunted migration report, which mean nothing. We notice that she wasn't invited to this all-important meeting for Biden. She was just there in spirit.

More specifically, it's about money, and dropping sanctions for AMLO's crummy little socialist friends running the Nicaraguan, Cuban, and Venezuelan dictatorships. AMLO saw his opportunity with Biden, recognizing how desperate he was for Mexico to stop the migrants, and decided that now was the time to get the U.S. to drop sanctions on those countries, which is what they want, and get their hands into the money pots of the big greedy gringo capitalists with so-called "investments."

The Post points out that AMLO gets $55 billion in untaxed remittance cash each year, mostly from the U.S. and its illegal migrants, and he'd like to have more of that coming. That goes doubly so for the regimes of Nicaragua, Cuba and Venezuela, which don't have much of any cash coming in except migrant remittances. Nicaragua, for one, reported record remittances this week from its illegal migrants.

It's telling that Mexico dropped the words "democratic decline" as one of its root causes of illegal migration in the official statement, apparently on its own, in the Spanish version of the document. Someone noticed, and then Joe Biden rolled again, dropping those words from the U.S. version of the statement in English as if following Mexico instead of sticking to the agreed-upon statement.

The Hill described that embarrassing rollover here.

The Mexican version, identical save for the phrase “democratic decline,” caused an uproar among the country’s opposition, which has raised red flags over López Obrador’s institutional reforms.

López Obrador has derided institutions such as the country’s independent electoral authority as “neoliberal,” “conservative” and too costly for the country, pushing reforms and budget cuts to weaken them.

To Mexico’s opposition, López Obrador’s actions are the very definition of “democratic decline.”

Ildefonso Guajardo Villarreal, the top foreign policy adviser to opposition presidential candidate Xóchitl Gálvez, accused Mexico’s government on X, the platform formerly known as Twitter, of “shaving off” the term after the White House published its initial version.

But the White House reissued the English language version of the statement hours later, this time without “democratic decline.”

We might note that democratic decline is present here, too, in the migrant-receiving country, but that's not what this is about.

It's about political cover for AMLO and his dictator-y acts, and AMLO's pals, in socialist hellholes such as Cuba, Venezuela and Nicaragua. They're all happy the heat's off on their increasingly oppressive dictatorships and the migrants are flowing outward.

Joe was happy to roll for them there.

Worse still, there was talk of amnesty for illegals in the document, an interesting switch for AMLO who historically has opposed illegal immigration of Mexicans to the states, viewing them as traitors to the motherland.

Now he likes that illegal immigration, which, as the Post notes, has brought him billions in remittances to play around with though the banking system. Who needs poor Mexicans to support when gringo will do it for him and the money is rolling back to him instead of the protests? Who needs potential rioters who otherwise would stand up against his own bad economic policies if they have to live in their own homeland? Migration is always a cash cow for Mexican governments and for more reasons than one.

What's bad here is that amnesty -- for DACA kids and longtime illegal migrants -- will encourage more illegal immigration, not less. After that, AMLO will stand there with his hand out again, knowing that Feckless Joe will come to him, ready to roll over again.

What an ugly disaster this meeting was, and what counterproductive things -- none good for Americans -- went on there. 

Back when President Trump was in office, the U.S. was able to stand tall and hit Mexico with the right incentives to get it to change its behavior on illegal migrants and the border, shutting down the border and warning AMLO that there would be no trade until he played ball. AMLO was able to read Trump clearly and decided it wasn't worth his while to end trade with one of his top trading partners.

Now it's different. For AMLO, it's time to shake concessions out of the feckless gringos. He knows Joe Biden won't change his policies, so now he calls the shots. What a satisfying thing is it for him to see Joe Biden rolling over for him again and again, pleading for for one last belly rub from the Mexicans.

Image: J. Wynia, via Flickr // CC BY 2.0

 

"Mexican president candidate Andrés Manuel López Obrador called for mass immigration to the United States, declaring it a "human right". We will defend all the (Mexican) invaders in the American," Obrador said, adding that immigrants "must leave their towns and find a life, job, welfare, and free medical in the United States."

http://mexicanoccupation.blogspot.com/2018/07/mexican-president-andres-manuel-lopez.html

 

Biden of course does none of these things, which is why the gates are now open for these new caravans rolling up from southern Mexico. And with Mexican officials helping them along the way, as well as shaking them down for cash, too, there is little doubt they'll find their way in and hold their hands out.

 

Gov. Gavin Newsom to Offer Health Insurance to the World’s Migrants in 2024 If They Can Get to California

305Lloyd Bishop/NBC/STR/AFP via Getty Images

JOHN BINDER

29 Dec 20231,123

2:02

Beginning January 1, 2024, illegal aliens residing in California will become eligible for taxpayer-funded health insurance — the first state in the nation to enact such a policy.

In June of this year, Newsom touted the budget agreement that will make California the first state in the United States to offer health insurance, subsidized by taxpayers, to the state’s estimated 4.4 million illegal aliens so long as they are low-income.

Starting in the new year, illegal aliens in California will qualify for Medi-Cal, which is California’s state-funded version of the federal government’s Medicaid program. Since 2015, only illegal alien children qualified for Medi-Cal thanks to then-Gov. Jerry Brown (D).

Likewise, Newsom expanded eligibility for Medi-Cal to illegal aliens 50 years and older as well as those aged 19 to 25. This latest expansion is set to add about 764,000 Medi-Cal recipients to the state’s health insurance rolls.

Elected Republicans in California have warned that expanding taxpayer-funded health insurance to illegal aliens “will certainly exacerbate current provider access problems” as Medi-Cal “is already strained by serving 14.6 million Californians — more than a third of the state’s population.”

Eventually, California officials project that more than 1.2 million illegal aliens will be using subsidized health insurance.

The new policy comes as California’s population dipped below 39 million residents this year, driven mostly by Californians fleeing the state. The year prior, about 300,000 Californians moved out of the state — the most of any state in the nation that year.

John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here

"Mexican president candidate Andrés Manuel López Obrador called for mass immigration to the United States, declaring it a "human right". We will defend all the (Mexican) invaders in the American," Obrador said, adding that immigrants "must leave their towns and find a life, job, welfare, and free medical in the United States."

 KEEPING WAGES DEPRESSED WITH OPEN BORDERS WORKS!

The Middle Class Meltdown: The Alarming Crisis Facing the Middle Class in America

https://www.youtube.com/watch?v=CumehQOOpkE

 

 

THE INVASION Just In Time For CHRISTMAS..

https://www.youtube.com/watch?v=Ls6M74Or34k

 

JOE BIDEN is known as a serial liar, a "public servant" who has somehow managed to accrue tremendous wealth, a race-baiting opportunist, Catholic-in-name-only, and a bought-and-paid-for politician in bed with criminal cartels and foreign foes.  In another era, Joe Biden would have been run out of his country much the same way Benedict Arnold was two and a half centuries ago; in an era when integrity, honor, fortitude, fidelity, and grit have been jettisoned for immorality, unscrupulousness, weakness, betrayal, and craven pliability, however, he is elevated to king sleazeball in a city drowning in sleaze. JB SHURK


Huge 'Exodus from Poverty' migrant caravan makes its way up from southern Mexico

By Monica Showalter

In addition to the tens of thousands of migrants entering the U.S. without authorization each day now, a huge 8,000-15,000-strong migrant caravan called "Exodus from Poverty" is headed to the states from southern Mexico now.

They know full well that the border is open and Joe Biden is going to let them in.

 

 

According to the New York Post's editorial:

An estimated 8,000 people set off on Christmas Eve from the southern Mexican city of Tapachula.

Destination: the border that Joe Biden threw wide open and refuses to enforce. 

Biden will do what he always does, blame Congress. But the failure is his alone.

He could stop this shocking wave of illegal migration at any time. He just doesn’t. 

For one, although advocates would call this group “asylum-seekers,” one must face religious or political persecution in their home country to qualify for asylum. 

This caravan advertises exactly what it’s about — carrying a banner with the slogan “Exodus from poverty."

Of its organizer, Luis Garcia Villegran, a purported Protestant reverend who was once charged with kidnapping in Mexico and who now calls his new gig shepherding migrants a religious mission:

... “Today we are the poorest of the poorest of those who are at the peak of need, those of us who do not have money to pay for visas or polleros,” said Villagrán, referring to human smugglers.

Villagran has vocally criticized American immigration policy in the past, calling it “domineering” and driven by a desire to “impose.”

There have been roughly 2 million migrant encounters at the US southern border in the 2022 and 2023 fiscal years.

Garcia Villegran is partners with one of the old migrant caravan leaders, Irineo Mujica, of Pueblo Sin Fronteras, who had reportedly been put away by authorities in Mexico, but not really. In 2018 he brought his ten thousand or so migrants in his caravan up to the Tijuana border before unceremoniously dumping them in the rain and skipping out. But he and his partner in crime are quite the media-savvy guys:

 A 2021 profile in Mexico Daily described Villagran and fellow organizer Irineo Mujica as media savvy tacticians who attempt to manage perceptions of the migrant movement in addition to the thousands in their charge.

“García is more pastor than protester: pensive, eloquent, cool-headed,” the outlet wrote. “Both understand the power of public opinion, and have a knack for politics and an eye for the cameras."

I have my doubts that Garcia has any religious views at all, but his migrants do roll into the states waving crosses and shouting religious exhortations, presumably to justify breaking immigration laws, in order to make Christians in the states feel guilty for having a nation with borders and not taking in every shantytown dweller around the third world who asks, including criminals. Sadly, pretty much all the religious lines on the Christian side are going along with Garcia's game, criticizing those who call for some kind of introspection about this money-making game as it always is.

So there't little doubt they're confident they're going to get in with this small city of migrants marching under the banner of escaping poverty. They're not even trying to hide behind phony asylum claims of escaping political persecution. Garcia Villegran's message is all about shepherding the world's poor to the promised land of free stuff for gringo to pay for. Call it a new version the gospel of wealth.

The Post's editorial notes that Biden could stop this caravan if he had the gumption to -- either by turning away the economic migrants at the border right away, forcing them to use the CBPOne app for an asylum appointment (they note that this is a useless exercise because it takes all comers including those who don't qualify) or demand that they apply for asylum in their first country of refuge, which is the international law standard.

Biden of course does none of these things, which is why the gates are now open for these new caravans rolling up from southern Mexico. And with Mexican officials helping them along the way, as well as shaking them down for cash, too, there is little doubt they'll find their way in and hold their hands out.

The Post notes that Biden's Secretary of State, Antony Blinken, will be in talks with Mexico's president on Wednesday. You can bet that those talks will go nowhere. The only thing that's certain now is that word is getting around among the world's migrants that you can cross the U.S. border and live here with impunity no matter how ridiculous your case and you don't even need to disguise that you are an economic migrant anymore. It's so bad now the huge caravans are forming. This one won't be the last.

Image: Screen shot from CNN-News18 video, via YouTube

 

Who Really Benefits From Illegal Immigration?


| Victor Davis Hanson



 https://www.youtube.com/watch?v=yyRb2xFplKM



THE NEXT MEXICAN INVASION IS AT HAND:


"Mexican president candidate Andrés Manuel López Obrador called for mass immigration to the United States, declaring it a "human right". We will defend all the (Mexican) invaders in the American," Obrador said, adding that immigrants "must leave their towns and find a life, job, welfare, and free medical in the United States."

http://mexicanoccupation.blogspot.com/2018/07/mexican-president-andres-manuel-lopez.html

"Fox’s Tucker Carlson noted Thursday that Obrador has previously proposed granting AMNESTY TO MEXICAN DRUG CARTELS. “America is now Mexico’s social safety net, and that’s a very good deal for the Mexican ruling class,” Carlson added."

"Many Americans forget is that our country is located against a socialist failed state that is promising to descend even further into chaos – not California, the other one. And the Mexicans, having reached the bottom of the hole they have dug for themselves, just chose to keep digging by electing a new leftist presidente who wants to surrender to the cartels and who thinks that Mexicans have some sort of “human right” to sneak into the U.S. and demographically reconquer it." KURT SCHLICHTER

 

Record-Shattering 232K Migrants Apprehended in December

129U.S. Border Patrol/Tucson Sector

BOB PRICE and RANDY CLARK

29 Dec 2023301

3:25

Border Patrol reports indicate the Biden administration will shatter the previous record for the number of migrants apprehended who illegally enter the U.S. between ports of entry in December. An unofficial Border Patrol report shows that agents apprehended approximately 232,000 migrants in the first 28 days of December. With three days to go in the month, agents could apprehend nearly 260,000 by the end of the month.

Border Patrol agents nationwide apprehended approximately 232,000 migrants thus far in December, according to an unofficial Border Patrol report reviewed by Breitbart Texas. With three days to go in the month, this already shatters the previous single-month record of just over 224,000 migrants set just one year ago, according to the CBP Nationwide Encounters Report.

 

The Tucson Sector continues to lead the nation in migrant apprehensions in December. According to unofficial reports posted on X by Tucson Sector Chief Patrol Agent John Modlin, his agents apprehended 16,800 migrants just in the last week. This brings his reported total for the first four weeks of December to 73,500 migrant apprehensions. This represents the largest single-month total for the Tucson Sector since the last year of the Clinton administration, when agents encountered 76,245 in March 2020. In contrast, during FY20, President Donald Trump’s last full year in office, Tucson Sector agents apprehended only 66,076 migrants.

Since the new fiscal year began on October 1, agents have already apprehended more than 615,000 migrants.

Randy Clark is a 32-year veteran of the United States Border Patrol.  Prior to his retirement, he served as the Division Chief for Law Enforcement Operations, directing operations for nine Border Patrol Stations within the Del Rio, Texas, Sector. Follow him on Twitter @RandyClarkBBTX.

Bob Price is the Breitbart Texas-Border team’s associate editor and senior news contributor. He is an original member of the Breitbart Texas team. Price is a regular panelist on Fox 26 Houston’s What’s Your Point? Sunday morning talk show. He also serves as president of Blue Wonder Gun Care ProductsFollow him on Twitter @BobPriceBBTX.

EDITOR’S NOTE: Apprehension numbers for December come from unofficial Border Patrol reports reviewed by Breitbart Texas. The numbers are subject to change in official reports when they are released. The December Southwest Land Border Encounters report is due to be released by mid-January.

 

 

 

SON OF PIG LAWYERS SAM BANKMAN-FRIED, THE MAN WITH THE KEYS TO THE WHITE HOUSE GETS ONLY 25 YEARS - BUT DIDN'T ALL OBABA - BIDENS' BANKSTERS GET 0 YEARS???

 

SHITBAG SON OF A PAIR OF STANFORD LAWYERS IS ONE OF THE CORRUPT DEMOCRAT PARTY'S BIGGEST DONORS, NEXT TO NEO-FASCIST GEORGE SOROS AND JOE BIDEN-SCHUMER PAYMASTER LARRY FINK OF BLACKROCK!

IF THERE ARE TWO MEN WHO CONSTITUTE THE GREATEST THREAT TO DEMOCRACY IT WOULD BE DIVISIONIST SOCIOPATH LAWYER BARACK OBAMA AND HIS SIDE KICK LAWYER ERIC HOLDER. 

 

The office thing might have been improper, but at this point, who cares? More at issue is the extraordinary run Holder just completed as one of history’s great double agents. For six years, while brilliantly disguised as the attorney general of the United States, he was actually working deep undercover, DiCaprio in The Departed-styleas the best defense lawyer Wall Street ever had.

ERIC HOLDER HAS long insisted that he tried really hard when he was attorney general to make criminal cases against big banks in the wake of the 2007 financial crisis. His excuse, which he made again just last month, was that Justice Department prosecutors didn’t have enough evidence to bring charges.

Many critics have long suspected that was bullshit, and that Holder, for a combination of political, self-serving, and craven reasons, held his department back.

A new, thoroughly-documented report from the House Financial Services Committee supports that theory. It recounts how career prosecutors in 2012 wanted to criminally charge the global bank HSBC for facilitating money laundering for Mexican drug lords and terrorist groups. But Holder said no.

ERIC HOLDER’S LONGTIME EXCUSE FOR NOT PROSECUTING BANKS JUST CRASHED AND BURNED

New evidence supports critique that Holder, for a combination of political, self-serving, and craven reasons, held his department back from prosecuting big banks.

Sam Bankman-Fried Sentenced to 25 Years in Jail for Fraud

sam testifies
Jeenah Moon/Bloomberg via Getty Images

Disgraced FTX CEO and Democrat Megadonor Sam Bankman-Fried on Thursday was sentenced to 25 years in jail for fraud. His sentence pales in comparison to fraudster Bernie Madoff, who received a sentence of 150 years for his financial crimes.

Judge Lewis Kaplan, who sentenced Bankman-Fried said that SBF committed witness tampering before he was remanded into custody when he communicated with former FTX general counsel. Kaplan also found that he committed perjury during his trial testimony; he reportedly falsely testified that he had no knowledge that Alameda Research, FTX’s sister company and hedge fund, had spent FTX customer deposits before the fall of 2022.

Kaplan also said that Bankman-Fried “wanted to be a hugely politically influential person in this country” and that led to his financial crimes.

Prosecutor Nicolas Roos said “Sam Bankman-Fried stole over $8 billion in customer money, and I emphasize stole because it was not a liquidity crisis, or an active mismanagement, or poor oversight from the top. It was not a bloodless financial loss on paper.”

Bankman-Fried’s attorney, Marc Mukasey, told the court on Thursday, “Sam was not a ruthless financial serial killer who set out every morning to hurt people.”

“His real motivations were misapprehended and misunderstood. Really he’s an awkward math nerd…He loves video games and veganism, and he’s compassionate to animals,” he added.

“A lot of people feel really let down, and they were very let down, and I am sorry about that. I am sorry about what happened at every stage. And there are things I should’ve done and things I shouldn’t have,” Bankman-Fried told the court.

In early November, Bankman-Fried was convicted of five counts of conspiracy and two counts of wire fraud.

Ahead of Bankman-Fried’s sentencing, current FTX CEO John Ray issued a scathing rebuke of Bankman-Fried, saying that the former FTX CEO made “callously” and “demonstrably false” claims in Bankman-Fried’s efforts to secure a lighter prison term. Ray said that the harm caused by Bankman-Fried is “vast” and his remorse is “nonexistent.”

Although one court convicted Bankman-Fried of fraud and conspiracy, the Department of Justice (DOJ) declined to prosecute Bankman-Fried for his allegedly unlawful political donations using customer funds for his alleged bribery of foreign officials.

Breitbart News reported:

Indeed, during the height of his influence, Bankman-Fried sought to outpace Democrat megadonor George Soros as the largest donor to the party. He reportedly spent $100 million in stolen customer funds to donate mostly to Democrats and was the second largest donor to Joe Biden’s presidential campaign. (Only former New York Mayor Michael Bloomberg gave more.) One Puck News report found that Bankman-Fried sought advisers and conducted data experiments to help Democrats during the 2024 elections.

Bankman-Fried’s mother, Barbara Fried, helped craft the strategic memo that guided the Democrats’ 2020 election strategy as the leader of the Democrat super PAC Mind the Gap. Fried, a Stanford University professor, argued that Democrats should move to get non-partisan Americans registered to vote as it is “four to ten times more cost-effective” at “netting additional Democratic votes.”

The trial against Bankman-Fried yielded many startling revelations about Bankman-Fried and how he operated the cryptocurrency exchange. This includes:

  • SBF claimed to be soulless when writing a list of pros and cons about being in a relationship with Caroline Ellison, his on-and-off girlfriend and the head of Alameda
  • Lawyers for Bankman-Fried claimed he was simply a “math nerd” who “didn’t steal from anyone”
  • FTX cofounder Gary Wang spilled his guts on the company’s fraud
  • Bribery and Thai prostitutes were used as bargaining chips to unlock $1 billion of frozen funds on other digital currency exchanges
  • Bankman-Fried needed Adderall to “meaningfully participate” in the trial
  • Bankman-Fried ignored employee concerns about extravagant spending, including a $30 million penthouse in the Bahamas that served as the company’s headquarters
  • Bankman-Fried only “skimmed” the comany’s terms of service
  • Bankman-Fried was “foolish” to stand as a witness during the trial
  • Lawyers for Bankman-Fried decried his conditions in jail, including a lack of vegan meals, saying, “because he’s following his principles, [Bankman-Fried] is only now subsisting on a diet of bread and water.”

Another infamous fraudster, Bernard “Bernie” Madoff,” was sentenced to 150 years in prison for his multi-billion dollar fraud scheme.

Sean Moran is a policy reporter for Breitbart News. Follow him on Twitter @SeanMoran3.


“Attorney General Eric Holder's tenure was a low point even within the disgraceful scandal-ridden Obama years.” 

                DANIEL GREENFIELD / FRONTPAGE MAG

 

 “This was not because of difficulties in securing indictments or

convictions. On the contrary, Attorney General Eric Holder

told a Senate committee in March of 2013 that the Obama

administration chose not to prosecute the big banks or their

CEOs because to do so might “have a negative impact on the

national economy.” AS THEY LOOTED TRILLIONS FROM

THE ECONOMY AND THEN PASSED ALONG SOME OF THE

 LOOT IN THE FORM OF 'SPEECH FEE' BRIBES!

 

During his presidency, Obama bragged that his administration was “the only thing between [Wall Street] and the pitchforks.”

In fact, Obama handed the robber barons and outright criminals responsible for the 2008–09 financial crisis a multi-trillion-dollar bailout. His administration oversaw the largest redistribution of wealth in history from the bottom to the top one percent, spearheading the attack on the living standards of teachers and autoworkers.

The Republican staff of the US House Committee on Financial Services released a report Monday presenting its findings on why the Obama Justice Department and then-Attorney General Eric Holder chose not to prosecute the British-based HSBC bank for laundering billions of dollars for Mexican and Colombian drug cartels.

WHILE BLACKROCK OWNS JOE BIDEN, J.P. MORGAN OWNS THE OBOMB. GOOGLE IT!

Ukrainian President Volodymyr Zelenskyy is tapping Wall Street firms like BlackRock and JPMorgan to help garner private and public investments to rebuild Ukraine amid its war with Russia.

“This was not because of difficulties in securing indictments or convictions. On the contrary, Attorney General Eric Holder told a Senate committee in March of 2013 that the Obama administration chose not to prosecute the big banks or their CEOs because to do so might “have a negative impact on the national economy.”

OBAMANOMICS TO SERVE BANKSTERS  AND GLOBAL BILLIONAIRES

 

https://globalistbarackobama.blogspot.com/2018/10/barack-obama-his-plundering-banksters.html

 


One of the premier institutions of big business, JP Morgan Chase, issued an internal report on the eve of the 10th anniversary of the 2008 crash, which warned that another “great liquidity crisis” was possible, and that a government bailout on the scale of that effected by Bush and Obama will produce social unrest, “in light of the potential impact of central bank actions in driving inequality between asset owners and labor."