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follow the money

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    Former Trump administration chief strategist Steve Bannon has been charged with fraud by federal prosecutors in New York and taken into custody.

    The state of play: Bannon, along with three others, allegedly defrauded donors out of hundreds of thousands of dollars for their own profit with a crowdfunding campaign called "We Build the Wall" that raked in over $25 million.

    • The indictment says that Bannon, via a non-profit, took in over $1 million from the scheme "and at least some of it was used to cover hundreds of thousands of dollars in [his] personal expenses."
    • Bannon's co-conspirators are Brian Kolfage, Andrew Badolato and Timothy Shea.

    https://www.axios.com/steve-bannon-charged-fraud-199c43c1-2e75-4535-8eb0-d96558c9f777.html

    Here's the website:

    https://webuildthewall.us/

    Looks like another one just bit the dust!

    https://www.youtube.com/watch?v=rY0WxgSXdEE

    So ...

    If you are wondering with Trump is refusing to concede his loss, here is the reason:

    Shortly after Joe Biden was elected the 46th president of the United States, Donald Trump once again doubled down on his promises not to concede, with Team Trump going into overdrive to discredit the race's outcome. Part of his strategy has been to roll out fundraising efforts to continue investigating the "stolen" election.

    On Wednesday, the Trump campaign began sending out dozens of emails and text messages to supporters asking (begging?) for money to put towards the president’s “Official Election Defense Fund.” The page, which lives on the Trump reelection website, is complete with an overuse of exclamation points and an urgent demand for donations: "President Trump needs YOU to step up to make sure we have the resources to protect the integrity of the Election!” and “Please contribute ANY AMOUNT IMMEDIATELY to the Official Election Defense Fund and to claim your 1000%-MATCH!”

    There is, however, a not-so-clear caveat involved when making a donation to Trump’s so-called defense fund: only half of the donations are actually going toward any "election defense." In fine print further down on the donation page, it states that “50% of each contribution [will] be designated toward [Donald Trump’s] 2020 general election account or general election debt retirement until such debt is retired.” The other 50% will be “designated toward [Donald Trump’s] Recount Account.” For those who felt bamboozled, hoodwinked, or led astray by the capitalizations and overuse of punctuation, here's what that means: half of the donations that people make to the defense fund actually go to the defense fund, while the other half purportedly go toward paying off Trump's reelection campaign costs.

    In similarly unclear fine print, the page also states that donations given to the Trump Make America Great Again Committee by an “Individual/Federal Multicandidate Political Committee” would have 60% of the money given put towards election debt, even less than the initial 50%. The other 40% would be sent to the RNC.

    Tennessee Sen. Marsha Blackburn was happy to show her support for Trump, tweeting on Friday, “I donated to @realDonaldTrump's legal defense fund this morning, and if believe every single legally cast ballot should be counted, I encourage you to do the same.” Sen. Lindsey Graham also threw his support behind Trump on Friday, donating $500,000 to the fund. But this only seems to be working on the already-Trumpers — not the sane general public that has more or less accepted the loss.

    https://www.refinery29.com/en-us/2020/11/10156329/trump-election-defense-fund-campaign-debt-payoff

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    Aren't you proud of this country? Bribery is the name of the game now, as long as you can push hoards of money around.

    In Europe they say "we've" now seen the "real" face of America; you may as well deal with Venezuela.

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    Yes "follow the money". The CEO of Pfizer cashed in 5.6 million by selling his shares of this company. That is how it works nowadays. He had "fore information" about their "tests" of course and cashed in. Martha Steward did the same and got jailed for a long time. Why not this guy?
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    Dutch:

    It sure looks like insider trading - but it's not.

    The transaction was part of a regularly scheduled plan set up by Bourla to periodically sell some of his Pfizer shares.

    Bourla sold 132,508 Pfizer (PFE) shares at a price of $41.94, according to a filing with the Securities and Exchange Commission. That works out to proceeds of nearly $5.6 million.

    When asked if Pfizer and Bourla thought to cancel the stock sale due to the perception that Bourla might be cashing in on good news, the spokeswoman said that "these are predetermined plans managed through a third-party stock administrator."

    Another Pfizer officer, executive vice president Sally Susman, also sold shares Monday as part of a prearranged plan. Susman sold 43,662 shares at the same $41.94 price that Bourla sold at, a transaction valued at more than $1.8 million.

    Many executives sell stock at predetermined intervals to diversify their portfolios. But they can delay the sales to avoid appearances of capitalizing on one-off events that can boost company's shares.

    https://www.cnn.com/2020/11/11/investing/pfizer-ceo-albert-bourla-stock-sale-vaccine/index.html

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    Trump needs lots of money. He is selling his personal helicopter now after getting ready to leave office. His brand name "Trump" is now a liability to hotels and other products that paid him to put his name on their products.

    “It’s the office of the Presidency that’s keeping him from prison and the poorhouse,” Timothy Snyder, a history professor at Yale who studies authoritarianism, told Jane Mayer. More from the Mayer article in the New Yorker:

    "The President’s niece Mary Trump—a psychologist and the author of the tell-all memoir “Too Much and Never Enough”—told me that his fury “speaks to his desperation,” adding, “He knows that if he doesn’t manage to stay in office he’s in serious trouble. I believe he’ll be prosecuted, because it seems almost undeniable how extensive and long his criminality is. If it doesn’t happen at the federal level, it has to happen at the state level.” She described the “narcissistic injury” that Trump will suffer if he is rejected at the polls. Within the Trump family, she said, “losing was a death sentence—literally and figuratively.” Her father, Fred Trump, Jr., the President’s older brother, “was essentially destroyed” by her grandfather’s judgment that Fred was not “a winner.” (Fred died in 1981, of complications from alcoholism.) As the President ponders potential political defeat, she believes, he is “a terrified little boy.”"

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    Schmidt Wrote:

    Trump needs lots of money. He is selling his personal helicopter now after getting ready to leave office. His brand name "Trump" is now a liability to hotels and other products that paid him to put his name on their products.

    “It’s the office of the Presidency that’s keeping him from prison and the poorhouse,” Timothy Snyder, a history professor at Yale who studies authoritarianism, told Jane Mayer. More from the Mayer article in the New Yorker:

    "The President’s niece Mary Trump—a psychologist and the author of the tell-all memoir “Too Much and Never Enough”—told me that his fury “speaks to his desperation,” adding, “He knows that if he doesn’t manage to stay in office he’s in serious trouble. I believe he’ll be prosecuted, because it seems almost undeniable how extensive and long his criminality is. If it doesn’t happen at the federal level, it has to happen at the state level.” She described the “narcissistic injury” that Trump will suffer if he is rejected at the polls. Within the Trump family, she said, “losing was a death sentence—literally and figuratively.” Her father, Fred Trump, Jr., the President’s older brother, “was essentially destroyed” by her grandfather’s judgment that Fred was not “a winner.” (Fred died in 1981, of complications from alcoholism.) As the President ponders potential political defeat, she believes, he is “a terrified little boy.”"

    I think I'd heard that his so called attorney Rudy jumped the Trump ship a day or two ago. How could he defend the indefensible? I think he maybe saw the writing on the wall, he too may go down the tubes with Don. I kinda hope they both go down, both are as crooked as a Juniper tree.