One thing you will not see is the mainstream media looking into failed crypto-exchange/ponzi scheme FTX. Why? It's founder, Sam Bankman-Fried (SBF) was the second largest Democrat Party donor after George Soros. SBF's parents were part of the financial deep state. And, to top it all, FTX was involved in sending millions of dollars to Ukraine. If this were a Republican scheme, the NYT and WaPo would be all over it, but because it was to the benefit of the Democrats and Ukraine, it remains just a...conspiracy theory.
Hello, everybody, and thank you for tuning in to the Liberty Report.
With us today is Daniel McAdams, our co-host.
Daniel, good to see you this morning.
Happy Thursday, Dr. Paul.
How are you today?
I'm doing well.
We have some problems to solve.
There's a little bit of mischief going on in the world.
There's still a war going on.
There's a war going on against the people in the United States.
War against decency and war against truth.
But we had an election, and it was a straightforward election, no shenanigans.
And now everybody is happy.
And they've lined up new leadership, and they'll have new policies, and they're going to erase all the old ones.
So be an optimist.
We have to be an optimist today.
But I'm going to wait a while before I decide about today.
We'll just see how well they do.
But one thing big in the news.
It's financial.
It's political.
It looks like it's foreign policy.
It sounds like a deep state operation.
I don't know.
Could be a deep state operation.
FTX partnership with Ukraine is the latest chapter in the shady FTX scandal.
So that's a big thing to take.
But, you know, when does it become shady in the money?
I mean, there's a pretty good case for making that type of excesses just as a reflection of the fiat dollar standard.
And then you have the additional things going on, and then you have more fraud.
I'm afraid, you know, my position on, you know, the currencies, the cryptocurrencies, is that they shouldn't be made illegal.
But it shouldn't be legal to commit fraud.
And that shouldn't be anymore.
But that's about true about everything in a free society.
There's always going to be people trying to bend the rules and break the rules.
But I think the only time you can have it operation, you have to have people that are more honorable.
And even our founders knew that.
They said, this thing isn't going to work, you know, if you don't have people who recognize a moral standard.
But right now, it's going to be a mess.
They're talking about this thing not going away tomorrow or the next day.
And there's a lot of people involved.
You know, it's been referred to as a Ponzi scheme, and it has a Ponzi atmosphere.
You know, technically, it's not quite a Ponzi scheme, but it doesn't make a lot of difference.
It's based on fraud and deceitfulness and subsidizing special interest.
But I think it was a little eye-opener and woke up a pretty few people, the fact that they were involved in getting money to Ukraine.
I'm not a bit surprised.
I think that happens just about all the time because my opinion is that one of the biggest threats we're up against is corporatism, and that is the bringing together of corporations with their financial, their social, and their foreign policy and bringing them together and the corporations take over.
I think I always suspected that, but became very convinced since we've had COVID and very discouraged that both you and I have recognized that some of our allies who champion saying keep an eye on those corporations and none of this corporatism and they shouldn't be able to take over the financial system.
Well, all of a sudden, there's less of that now.
So we have to gather up some new supporters, but they're out there.
We hope we can find them.
Well, what's in a name is the question because the very highly inappropriate, I guess, name.
Sam Bankman Freed was the founder of FTX.
It was a crypto exchange that took in billions and billions of dollars.
Let's put up that first clip because I think one of the best things we've seen so far on this has been from, of course, the Gray Zone, which is a great alternative, quote-unquote, website.
Max Blumenthal, Aaron Mattei, and many others run it.
Hit Clarenberg did this piece a couple of days ago.
FTX partnership with Ukraine is latest chapter in Shady Western Aid Saga.
So the bankman Freed founded this exchange.
They brought in billions of dollars.
He had a $40 million house in the Bahamas.
I'm sure it was in a shack.
He took a lot of money himself.
And he had a back door into this exchange where he used as a personal piggy bank.
All of that would have been sort of a Bernie Madoff kind of scandal.
But the other part of it that's fascinating is the part where he partnered with the Ukrainian government to help fund the Ukrainian war, essentially doing the bidding of the United States government.
And that was a big deal for him.
Millions and millions of dollars.
If we can actually put on that next clip, you can see.
So Ukrainian government mysteriously disappeared online records of its fundraising arrangement with the FTX crypto scam just days before the scandal erupted.
The initiative.
The initiative claims to have raised $60 million for Ukraine, but where did the money go?
And this is very, very interesting.
They partnered with the Ukrainian government to send crypto to Ukraine.
And actually, you can put on the next one.
This is from the post-millennial.
Here are things that are starting to come out.
Ukraine partnered with top Dem donors, cryptocurrent company FTX, as Biden administration funded the war effort.
And let's do another one.
This is the announcement back in March where Ukraine partners with FTX to launch a new crypto donation website.
And let's do one more because Ben Swan, who we both know is a very good journalist, he's tweeted this, which I think kind of captures it.
We don't know what happened.
We don't know their role and we're not claiming to know.
But Ben Swan writes, there are now reports that tens of billions in American military aid to Ukraine has not been used to fight Russia, but instead was invested into FTX, sending it to Ukraine, transferring it to FTX, and then laundered back to U.S. Democrats who originally voted to send the money.
That sounds like a pretty wild scheme.
We send the money there, they buy FTX.
FTX then sends money to the Democrat Party.
You'd say it sounds a little bit kooky, but the fact is Bankman Freed was the number two donor to the Democrat Party, only second behind George Soros.
He gave $40 million in this election campaign to fund Democrats.
So it's at least very fishy, and I would say I hate about this sort of whataboutism, but if the Republicans had a scheme like this, my guess is, Dr. Paul, I could be wrong, but the New York Times and the Washington Post would be all over it.
You know, when things like this happen, I start thinking about, well, where are their loyalties?
Why do they do this?
Is the Bankman Freed, you know, a Ukrainian?
You know, does he have relatives there or something?
And what is his philosophy and when did it happen?
But I think those questions are irrelevant because I think it's the money thing that drives them.
But I think they do let you know philosophically where they're coming from.
It's not that there aren't any people in the Republican Party.
Matter of fact, the Republican Party, some of the Republicans did get some money.
They're vulnerable as well.
So I would have to think an individual like this is giving money, but it's narrowed down to just profiteering and fraud and moving it along and then taking care of the party that might take care of him.
It might be the willingness to trade off.
It's not so much that he would say, well, I don't do everything the Democrats do.
He might say, well, I might need a little protection.
And he probably has had a little protection so far because I'm sure they must have been suspicious of what's going on.
But wasn't it just a couple days ago that all of a sudden these records have been erased?
Two days, I think, before it became public knowledge.
That means if the people can measure every single telephone call we make for the last 20 years, that they would probably know what's going on there.
But then again, governments can be pretty inept, and they might get key in only on the bottom line, the bottom line, which means how much are they making today from their fraudulent system.
Yeah, and we have actually a clip also from Jesse Waters over at Fox News, who breaks it down pretty well.
If we can play that video clip, it's only about 27 seconds long.
We can play the whole clip because he also is interested in this.
Let's hear what he has to say.
They're sending you billions of dollars of weaponry.
The least you could do is reward their favorite mega donor.
And what did FTX do with the money Ukraine invested?
Well, they plowed it right back into the Democratic Party.
Democrats send money to Ukraine.
Ukraine sends money to FTX.
And FTX sends money to the Democrats' campaigns.
Now, I don't know if this is war profiteering or money laundering.
I don't even know, but it needs to be investigated.
Yeah, and here's an illustration of it.
It's a little bit funny, but it's worth looking at because I like pictures.
I'm a simple person.
Let's look at this next clip.
So here it is.
There's Biden and the Democrats.
Money goes to Ukraine.
It's laundered over to Bankman Freed and then laundered back to the Democrats.
And here's another one.
People are doing this online now on Twitter, et cetera.
Here's the tax money going to the State Department, going to Ukraine, going to FTX, going to the Democrats, going to the 2022 campaign.
And again, we have not investigated this, but no one else has either.
You're only seeing investigators on the internet.
And someone else commented on Twitter the other day.
It's amazing how all of these things breaking about FTX are breaking from individual investigators and people on Twitter.
And in fact, the mainstream media has completely ignored it.
I don't know why.
It's a shock.
I think you're very suspicious, but you're not on the verge of saying, mystery solved, mystery solved, punish the criminals.
And quite frankly, I think if you took a real honest poll of as many people as you could find in the whole country that have a bit of an understanding of what's going on, that they would probably predict, don't wait.
You know, they're always waiting to get some of these bad guys arrested.
It doesn't happen very, sometimes there's a scapegoat.
Sometimes, you know, I think sometimes these investigations of all the political shenanigans, one guy down on the list, he might get a slap on the wrist or a minor jail term.
But the guys who really run it, the deep state people, the organizers, I don't think they get caught up on this.
So I'm not optimistic.
But it's up to people like the Gray Zone and others, and even Jesse.
Jesse Waters is great.
And he's been very consistent because I like to watch his program.
But that tells you that there's still a vehicle to get the truth out to the best of our ability.
But part of our truth is we really don't want to speculate, but we can sort of shake the bushes and say, what do you think is happening here?
And it becomes so obvious you don't have to preach anything to it.
Yeah, what's interesting about Bankman Freed is that his mother is a major Democrat fundraiser.
She founded a super PAC that donates to Democrats.
And his father was a deep state banker.
So they're both involved in those things.
And of course, the sins of the parents don't necessarily fall upon the child, but in this case, it may well be the situation.
So the question really is, were the elections of 2022 partly funded by this funny money?
Military Spending Secrets00:12:32
And now it's too late.
And in fact, it's interesting now that the Democrats have averted a red wave and will retain the Senate and are very close in the House.
Something interesting has happened.
We can put on that next clip.
This is from CBS News.
Now that they've won and the scandal is coming out, lawmakers return donations from FTX.
So they've used it to win.
They use it to be successful and to hold on to the Senate.
But now they're saying, oh, my gosh, it's a scandal.
We have to return this money.
So that's one win for them.
And look at the second one.
This next clip is from Fortune magazine.
And this is interesting.
Sam Bankman Freed's implosion took down Democrats' second biggest donor as the party gears up to regulate crypto.
So it's exactly like Casablanca.
There's gambling going on in here.
So that, oh my gosh, this looks corrupt.
Now we have to regulate crypto.
They have another problem.
They're going to return the money.
Is it going to be in crypto or is it going to be in dollar?
Will it have the same purchasing power as it was when they gave it to them?
Therefore, oh, this purchasing power has gone down both in crypto and in the dollar.
We're going to sue you for not paying because this is fraud, not giving us back our money one-on-one.
What a mess.
Yeah, what a mess indeed.
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Very good.
You know, I want to go on to another subject.
Yes.
You're ready for that because it looks like there's a sincere effort for the audit.
Oh, well, that sounds pretty darn good.
Audit the Fed.
I hope.
But, you know, over the years, we've talked a little bit about auditing the Fed, but I've also been anxious to audit the Pentagon.
You know, this case that we just talked about, maybe a little bit of auditing of the Pentagon and Ukrainian weaponry.
And, you know, all this stuff is going.
Nobody, there's no pretense even to monitor what we give away and where all that stuff goes.
But over the years, I wanted the Pentagon audit.
So they finally got one.
They started in 2017.
But you know who's auditing the Pentagon?
Who?
The Pentagon.
The Pentagon.
And guess what?
This is their fifth one.
And they just reported that they had another failed audit.
It wasn't completed.
Five in a row.
That was not an acceptable audit.
So it hasn't done any good yet, really.
And it never will.
It never will because the politics of foreign policy, they really have that locked in.
Not enough to the point where we won't keep talking about it and working on it.
But it's such a bipartisan thing.
And I want to concentrate more on that, especially now that we have a different government coming into place, because I think it'd be nice to see exactly how somebody out there must be eager enough to really follow every congressman on how they vote on anything for foreign policy at the same time they're calling for peace.
And that to me is a big thing.
You can't vote for that.
You can't vote for sanctions and coups of governments and say that you're on the progressive side of peace.
At the same time, oh, we'll vote against the money.
Right now, though, what's disappointing to us, the progressives don't even seem to be voting against the money.
So the process continues.
So I think we followed this the best we can, but we had this little distraction called COVID, and we had to concentrate on that for a while.
Not that I think that's gone away because the power and influence of the corporations in the pharmaceutical industry very, very have a very great presence.
So I think, though, if we do more on trying to find out who are the hypocrites, people don't like the hypocrites.
Remember during COVID, that was one of the things that we got, you know, Nancy Pelosi, you know, the queen of the world, she even was criticized when it was pointed out.
She doesn't follow any of those rules.
So it's something that hypocrisy is something worth pointing out.
It's almost like lying, don't you think?
Yeah, yeah, exactly.
Well, you know, amazing, you know, we give them a trillion dollars a year.
It's taken from us either directly or printed out of thin air.
We can put on that next clip, and thanks to our good friend Dave DeCamp, once again, for doing great work at anti-war.com.
Put on that next clip.
And Pentagon fails fifth consecutive audit amid Ukraine oversight concerns.
Can you imagine, Dr. Paul, writing a check for a trillion dollars every year to your son when he's growing up as a teenager, and you say, well, where'd you spend it?
I can't tell you.
I don't have any idea.
You might want to think twice about it.
They can't audit themselves.
They have no idea where the money's spent.
And let's put that next one up.
This is from the same article.
The audit of the Pentagon's $3.5 trillion in assets and $3.7 trillion in liabilities concluded that department's internal tracking of money and arms is still not good enough for a passing grade.
Not good enough for a passing grade.
I guess, Dr. Paul, we simply don't give them enough money.
But, you know, what happens when someone like Senator Paul says, okay, I'm not going to win this one about sending that $40 billion over to Ukraine.
I'm not going to win that one.
But can we at least have an auditor to take a look at it?
No, you are Putin's puppet.
You're a terrible person.
You're unpatriotic if you want to know where this money goes.
Well, Americans should want to know.
And if only for the reason that this is so-called defense spending.
It's money to keep us safe.
If it's being squandered in places that do not keep us safe, not only are we poor, but we're vulnerable to being attacked.
And so just for the very self-preservation purpose of wanting to make sure that all these tanks and things are going to protect us, instead of going off in some Ponzi scheme, we should want to know what happened to the Pentagon money.
You know, this is military spending to be spent preserving our national sovereignty, our constitutions, our liberties, which is, you know, a lot of baloney because it goes elsewhere.
And so it's really not defense spending.
It's military spending.
And it's also spending that goes into the pockets of the corporate world.
You know, it's part of the corporatism that goes on because they get a lot of money.
But you mentioned a number there that I found a little bit fascinating.
They say they have assets of $3.5 trillion, but they owe $3.7 trillion.
I'd like to know more.
Who do they owe $3.7 trillion to?
I guess the military industrial complex, we owe it to them because if they have cost overruns, we're always owing them more money.
But the $3.5 trillion of assets, if you buy a tank and you send it over to Europe or Asia or someplace, like we did to the Middle East and to Korea and Vietnam, and they put that down as an asset.
You know, I wonder.
I imagine that number is flexible.
I imagine they could make it, but they had to admit, though, they owe more than they have.
But what about an asset?
Do you think if an asset in weaponry and all these other things that is sellable, they can't sell that stuff.
Stop eBay.
Maybe they would say, oh, no, this is just good property that we have.
Well, they never sell the property.
Matter of fact, in the old days, it was very precise how the Roman Empire worked.
They would go out and advance and take the land.
And then when the message was released that it'll be divided by the soldiers and they would get it.
But we do the same thing.
We go and we occupy.
And then we have these bases.
And I think we're going to be talking about that in a minute.
There's always some assets.
And maybe that's part of it.
But what is an asset if there's no true owner?
It's controlled by the deep state.
It's controlled by the people who run our foreign policy.
But it's really not an asset like people are supposed to believe an asset is.
But it's sort of the game they play.
Yeah, they do.
And one theme today, I think, is the fact that although we get discouraged sometimes about the loss of our progressive friends in the anti-war camp, but today we're talking about two groups that still retain that.
And that, of course, is the Gray Zone, which is a great publication.
They're getting harassed a lot because they're making the right enemies of Max Blumenthal and Armite, but also World Beyond War.
And that's David Swanson, who is a great left-wing anti-war activist.
In fact, I spoke with him once at a conference in Houston a few years ago.
Definitely dedicated.
Well, they've come out with something, Dr. Paul, that you discovered this morning, and I was fascinated.
I kept clicking on it.
In fact, it's put on that next clip.
This is an interactive, go to the next one.
I'm going to go ahead and skip that.
It's an interactive world map showing U.S. military bases.
And I just took a clip of it to show you a couple.
Here's this one, and let's look at the next one.
Here are the U.S. bases around Iran.
And you can click on it, and each one you can find, you can see over there on the right, how many personnel are there, when it was started, what it's all about.
Each one of these bases, a great service, World Beyond War, David Swamp has put out.
Yeah, right.
You know, over the years, I've watched these numbers, and they were so, you know, huge that I always wanted to be cautious not to, you know, overstep the numbers, overstate the numbers.
And I would, I remember being back there, 150, 200 different countries that we're in, and how many bases we have.
But it keeps going up.
So I'm going to have to adjust my talks a little while.
I'm saying, no, it's not 150.
I made a mistake.
867 military bases here.
We'll show you a picture of it.
And that's the assets they have that they can't balance the books.
They have a lot of assets.
But you know, that was one thing on occasion.
Some air bases were closed down and the property was supposed to be sold into the community.
But it was never clean.
I imagine there are some examples, but most of the time when they close down an airbase near a city, it might be some collusion and planning.
Oh, we have a good friend there.
Assets Of Empire00:04:28
They should get this.
They have a plan for a shopping center.
That kind of stuff.
But for the most part, it stays in the inventory.
And that tells you what's going on.
To me, it also suggests looking for a more precise definition of empire.
Empires were more precise, and they would march the truths.
So I would say Ukraine's part of our empire.
Yeah.
And it's been part of our empire.
We participate in coups.
We were involved in divvying up the loot and the property of Ukraine all the way back, at least to World War II, and goes on and on.
And yet now that we take care of them, we finance them.
We send them what they need and all these things.
But most people would say, what are you talking about?
They're part of our empire.
But, you know, the definition of empire actually has evolved.
It's evolved.
It's what you have to control.
And the people who run our empire are pretty shrewd.
They got control of things like the educational system, the financial systems, the monetary system, the dollar standard.
And they were able, you know, to do that.
And then also, they have the authority that corporations do their bidding.
If they have to enforce a law that is a violation of civil liberties like we saw with COVID, then, oh, the corporations will help.
Social media will help, and we'll send them out there.
We'll punish them.
The government, you have to protect the First Amendment, don't you know?
So we can't let you do that.
We'll do your dirty work for you.
Yeah.
Absolutely.
Well, I'm going to close out, Dr. Paul, by making up for what I failed to do yesterday, which is to mention some of our rumble ranters.
And these are people who are donating while they're chatting.
And they're fantastic people.
Love you always.
Yesterday made a nice donation.
James Cabral, a longtime friend.
He's been to many of our conferences.
He made a donation.
Today we had some nice little donation from Brewster McBrewster, who we met for the first time down here in Lake Jackson.
And also Gypsy Magic, who gave $10 and said, well, where there's a big swamp, there's sure to be a lot of dirty laundry.
And that's a great point.
So thanks to everyone who participates in the chat, who likes, who gives us rumbles, who comments on these.
You helped make yesterday's show very big, and we very much appreciate that.
So keep at it, and thanks for watching.
Dr. Great.
You know, I have to remind our viewers that, you know, the change in government, which is not overly dramatic, is something that can be helpful.
And we have to participate in it.
And that, for me, in participation, is not starting a political action group and start lobbying.
I don't think that works.
I like to see demonstrations, peaceful demonstrations, people standing up and saying, this is what we want.
Stop the wars and get so many people out to demonstrate that.
So that's how I think was very helpful in stopping the nonsense going on with COVID.
So we want to participate, and I think it's slightly better, but we also know that the bipartisanship sometimes just compounds our problems because it builds more power and control, you know, by the financial interest.
But there are some good people there.
We need to get the message out, but we really need to galvanize and get people excited about the issue, whether it's the issue of sound money or non-intervention foreign policy or civil liberties, because that is what has to happen before the government changes.
I do believe that over terms, over a long term, the government of a country has is endorsed by the people.
Because when the people get sick and tired of it, they usually get rid of it.
And that even happened, you know, when it was kings and pharaohs that took care of things.
They wouldn't exist if the people don't give them some type of endorsement.
That doesn't mean it's a smooth sailing, just getting numbers out.
Matter of fact, numbers can get out in some countries.
They're so authoritarian that's very, very risky.
But that's the alternative.
I think it's dealing in ideas and moving it along.
And we still have problems with freedom of speech.
And there's still a punishment for speaking the truth.
But it's still available to us.
We are on the air today.
And thankfully, I believe we'll be on air tomorrow.