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https://www.coindesk.com/policy/2023/01/17/congress-ftx-prob...
>Congress' FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange's Bosses The session began with 196 U.S. lawmakers who took direct contributions from Sam Bankman-Fried and other former FTX executives, and many of them are still trying to get rid of it.
Seems relevant to much of the discussion here. https://unusualwhales.com/politics/article/senate_ftx
Earlier quoted context omitted.
In Citizens United our wise Supreme Court enshrined bribery as a fundamental right. No law can be passed to stop it.
Called a right in the US, but when it happens somewhere else, particularly in developing nations, it's called bribery and the govt and politicians called corrupt.
Lobbying/donations are a fundamental part of governance in almost all countries.
Bribery is illegal in almost all countries but enforcement is mixed.
Earlier quoted context omitted.
It's quite common for politicians to return money that is stolen/foreign/otherwise when they find out. Sometimes because the law requires it, but also if they don't, the attack ad for their opponent writes itself. Although obviously it depends on how much time has passed and whether the money should already be considered "spent". Because even if the politician wants to repay it, new donors want their money going to r…
> but also if they don't, the attack ad for their opponent writes itself. Does this even matter anymore? Seems like people are so tribal that they'll vote for their party no matter what, combined with lots of voter apathy makes it seem like it doesn't matter.
The funds should be easy to audit and claw back from the political recipients and distribute back to the victims, right? ...right? /S
It’s not uncommon for a bankruptcy court to initiate a clawback of payments like this.
Funny how because these are "donation" and "lobbying" but not "bribe" there is no consequence for the receiving party and also no recuperation of the money.
Biggest success of the US oligarchy is to convince the general population that lobbying is not bribery.
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There were 3 or 4 accounts earlier today posting about Assange and "anti-Russian Nazi propaganda" and defending the imprisonment of Navalny, most of which were either created in the past 24 hours or have posted exclusively about those topics since their creation.
Interesting.
The funds should be easy to audit and claw back from the political recipients and distribute back to the victims, right? ...right? /S