There’s a very strange in-house editorial from — of all places — The Wall Street Journal that has reliable conservatives scratching their heads. Good to see Twitter’s new context community giving it the treatment. (You may have to actually click the link to see the context provided but it says this: “FTX is bankrupt because of “…a complete failure of corporate controls and such a complete absence of trustworthy financial information,” amid allegations of theft. Outside the editor’s opinion, no apparent connection between SBF and former President Donald Trump exists.”)
— The Wall Street Journal (@WSJ) November 21, 2022
What makes this article strange is the reach in linking SBF to Trump when there are oh so many other political players that we already know were connected to his failed crypto venture via political donations. And the basic thrust of the article — that SBF failed because his supporters didn’t love him enough. I mean…his company used customer funds to prop up its own little worthless crypto coin, disappeared a billion in customer funds, and caused a complete destabilization in the crypto market upon its absolute and complete implosion. That’s not the fault of the supporters.
On today’s podcast, I get into FTX and what recourse the investors might have now that they’re looking at, in extreme cases, a zero balance. I wrote about that last week here.
I also give you my thoughts on the joyous and overtly Christmas-y “Spirited” (trailer below). Has Hollywood rediscovered a piece of its soul?
Finally, hear how Disney has had a woke relapse and rehired one of the architects of its disaster, Bob Iger.
Happy Thanksgiving, all!