Big bank, big bust: Another dot-path connected with Ukraine and the suddenly legitimate laptop

Another timeline gets interesting.

The New York Times’s admission this past week that the Hunter Biden laptop was not Russian disinformation has come at an opportune time.  It’s an obscurely opportune time, to be sure.  But it’s opportune nonetheless.

What makes it so is a reminder that the seed money used to start a cybersecurity non-profit called Global Cyber Alliance (GCA), whose interests and personalities rather remarkably replicated those of Russiagate and Alfa-gate in 2015 and 2016, came from an asset forfeiture settlement with the French banking giant BNP Paribas.

Those dots connect.  Some readers already know how. For others, here’s the BNP angle. Continue reading “Big bank, big bust: Another dot-path connected with Ukraine and the suddenly legitimate laptop”

Treasury, Lois Lerner planned to change rules for 501(c)(4)s in secret

Untrustworthy.

In a House Ways and Means Committee hearing on Wednesday, Republican members highlighted a 2012 email from a Treasury Department official that indicated the Obama administration was planning to revise the rules for 501(c)(4) organizations without notifying the public that it was deliberating this move (emphasis added).

The Obama administration’s Treasury Department and former IRS official Lois Lerner conspired to draft new 501(c)(4) regulations to restrict the activity of conservative groups in a way that would not be disclosed publicly, according to the House Committee on Ways and Means.

The Treasury Department and Lerner started devising the new rules “off-plan,” Continue reading “Treasury, Lois Lerner planned to change rules for 501(c)(4)s in secret”

What is the alternative to US Treasury securities?

Faith and credit.

That is the question of the hour, as a downgrade looms for our public debt bond rating.  The question is far larger than mere return on investment.  Return on investment is a small investor’s perspective: the perspective of someone who just hopes to get a return on margin from a system he has no real say in – and not much of a stake either, all things considered.

But there is a larger perspective.  US Treasury securities have performed a unique role for the last 70 years.  The biggest one by far may not be the one you think. Continue reading “What is the alternative to US Treasury securities?”