“This Is Unprecedented”: Enron Liquidator Overseeing FTX Bankruptcy, “I Have Never Seen Anything Like This”
November 17th, 2022Via: ZeroHedge:
FTX’s new CEO and liquidator, John Ray III, who also oversaw the unwinding and liquidation of Enron, admits that “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here.”
And just in case his shock at FTX’s fraud of epic proportions was not clear enough, he adds that “from compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented.”
According to Ray, he has located “only a fraction” of the digital assets of the FTX Group that they hope recover during the Chapter 11 bankruptcy. They’ve so far secured about $740 million of cryptocurrency in offline cold wallets, a storage method designed to prevent hacks. This is just a fraction of the $10-$50 billion in liabilities the company disclosed in its bankruptcy filing.
Oregon Sheriffs Refuse to Enforce New Gun Law, Infringes on Second Amendment
November 17th, 2022Via: Fox:
County sheriffs in Oregon are taking a stand against the state’s newly-adopted gun law and say they will not enforce a major piece of the law that sets limits on magazine capacity because it violates the Second Amendment, wastes law enforcement resources and is the product of “pure anti-gun politics.”
Measure 114, known as the Reduction of Gun Violence Act, was approved by Oregon voters in last week’s midterm election. The new law outlaws ammunition magazines that hold more than 10 rounds, and requires police to maintain an electronic, searchable database of all firearm permits, provide additional hands-on firearm training, and collect fingerprints from people before issuing permits to purchase a gun.
However, at least five county sheriffs say they will not enforce all or parts of the law, and they are focusing their opposition on language that limits magazine capacity. They argue that the provision infringes on Second Amendment rights, ignores real problems associated with gun violence in the state and will drain already-depleted law enforcement resources.
“The biggest thing is this does absolutely nothing to address the problem,” Sheriff Cody Bowen of Union County told Fox News Digital. “The problem that we have is not… magazine capacity. It’s not background checks. It’s a problem with mental health awareness. It’s a problem with behavior health illness.”
Defense Department Records Reveal U.S. Funding of Anthrax Laboratory Activities in Ukraine
November 17th, 2022Via: Judicial Watch:
Judicial Watch announced today it received 345 pages of records from the Defense Threat Reduction Agency (DTRA), a component of the U.S. Department of Defense, revealing that the United States funded anthrax laboratory activities in a Ukrainian biolab in 2018. Dozens of pages are completely redacted, and many others are heavily redacted. The records show over $11 million in funding for the Ukraine biolabs program in 2019.
The records were obtained in response to a February 28, 2022, Judicial Watch Freedom of Information Act (FOIA) request to the Defense Threat Reduction Agency for records regarding the funding of Black & Veatch involving work of any manner with biosafety laboratories in the country of Ukraine.
New York Fed Announces Test of Digital Dollar with Major Banks
November 16th, 2022Via: Washington Examiner:
The Federal Reserve Bank of New York and major banks will launch a three-month test of a digital dollar in hopes of studying its feasibility.
The initiative was announced by the regional Federal Reserve bank and nearly a dozen financial institutions on Tuesday. A news release referred to the experiment as a “proof-of-concept project” in which the banks will work with the Fed’s New York Innovation Center to simulate digital money representing the deposits of their own customers and settle them through simulated Fed reserves on a distributed ledger.
“The [project] will also test the feasibility of a programmable digital money design that is potentially extensible to other digital assets, as well as the viability of the proposed system within existing laws and regulations,” according to the news release.
‘We Cannot Afford to be Ill Prepared’: Research Hub Wants to Prepare Humanity for Potential Proof of Alien Life
November 16th, 2022Via: CTV News:
A new research hub at the University of St Andrews in Scotland is dedicated to preparing humanity for potential proof of extraterrestrial life.
“Will we ever get a message from E.T.? We don’t know,” John Elliott, the hub’s co-ordinator and a University of St Andrews computer scientist, said in a news release. “But we do know that we cannot afford to be ill prepared—scientifically, socially, and politically rudderless—for an event that could turn into reality as early as tomorrow and which we cannot afford to mismanage.”
The goal of the SETI Post-Detection Hub is to be a permanent co-ordinating centre for an international and multi-disciplinary effort to develop protocols, procedures and treaties aimed at ensuring humanity will “respond responsibly” if we find evidence of, or are contacted by, other life in the cosmos.
Target: ‘Organized Retail Crime’ Has Driven $400 Million in Extra Profit Loss This Year
November 16th, 2022Via: Yahoo:
Target stores are getting looted, and it’s taking a huge bite out of profits.
The discount retailer told reporters on a call to discuss its third quarter earnings results that inventory shrinkage — or the disappearance of merchandise — has reduced its gross profit margin by $400 million so far in 2022 compared to 2021.
“At Target, year-to-date, incremental shortage has already reduced our gross margin by more than $400 million vs. last year,” Target CFO Michael Fiddelke said on the earnings call, “and we expect it will reduce our gross margin by more than $600 million for the full year.”
The Secret Effort to Investigate Aliens
November 16th, 2022Via: Richard Dolan:
NASA Finally Launched Artemis 1 Moon Mission
November 16th, 2022Via: space.com:
NASA’s epic Artemis 1 moon mission is finally underway.
Artemis 1 lifted off today (Nov. 16) at 1:47 a.m. EST (0647 GMT) from Pad 39B here at NASA’s Kennedy Space Center, marking the debut of NASA’s huge new Space Launch System (SLS) rocket and kicking off a 25-day journey to the moon and back for the uncrewed Orion spacecraft.
That trek will put Orion and its European-built service module through its paces.
…
If all goes well with Artemis 1, Artemis 2 will send astronauts on a lunar flyby in 2024 or thereabouts, and Artemis 3 will land crew near the moon’s south pole a year or so later.
FTX: “A Milieu of Corruption,” Funded Bogus Ivermectin Study
November 16th, 2022Not only was there a Ukraine-to-Democrats financial pipeline, there was also funding for a slipshod study that cast doubt on Ivermectin and Hydroxychloroquine as treatments for COVID-19.
— Bob Moran (@bobscartoons) November 15, 2022
Via: Peak Prosperity:
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Research Credit: pookie
Owner of Area 51 Website Has Nevada Home Searched, Seized by Federal Agents
November 16th, 2022Via: 8newsnow:
The owner of a website devoted to the Area 51 military base, is searching for answers as to why federal agents busted down the doors to search two of his homes.
Joerg Arnu, a naturalized U.S. citizen, has devoted much of his life to understanding the base. His website, dreamlandresort.com, is a clearinghouse for all things Area 51, including photos and videos of the base and anything flying above it.
…
Arnu claims that he repeatedly asked what he had done and received hints from an agent that one or more images on his site showed something that was classified, but no one told him what it is, or which image crossed the line.
He voluntarily took down some panoramas of the base and said he would have quietly done so earlier if anyone had requested it.
