Crypto 'Genius' SBF Goes Down | Jacob Silverman | TMR
Jacob Silverman joins to discuss the fall of crypto guru Sam Bankman-Fried. SBF, founder of the cryptocurrency exchange FTX, has been found guilty on seven counts, including wire fraud, conspiracy to commit wire fraud, and conspiracy to commit money laundering. The Securities and Exchange Commission alleges that FTX was fraudulent from the beginning, accusing Bankman-Fried of misappropriating and embezzling customer deposits, using the funds for investments, real estate purchases, and repaying lenders. The scheme was exposed after CoinDesk published an article revealing the close links between FTX and Alameda Research, leading to Binance CEO Changpeng "CZ" Zhao divesting from FTT tokens. Bankman-Fried resigned from FTX following the expose, and a New York jury returned a guilty verdict after a year.
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In this Majority Report clip, Joseph Cirincione on the history of what Trump calls, "the nuclear."
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Ted Cruz might be feeling a little bullied in the wake of this airport visit. Sam Seder and the Majority Report crew discuss this.
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Historian and author of the book Beyond the Vanguard: Everyday Revolutionaries in Allende's Chile, Marian Schlotterbeck, joins Sam to discuss the 50th anniversary of the US back coup of the Chilean government. In 1973, the United States played a significant role in the overthrow of Chile's elected Marxist president, Salvador Allende, resulting in the rise of a right-wing dictatorship under General Augusto Pinochet. The coup and the subsequent 17-year dictatorship saw the disappearance, death, and torture of thousands of Chileans, and this brutality prompted a strong reaction in the United States, galvanizing public opinion against U.S. foreign policy. The U.S. had a history of involvement in Chilean politics, driven by Cold War concerns and fears of communist influence in the region. Allende's election as a socialist president, pledging to nationalize U.S.-owned copper companies, intensified U.S. efforts to prevent his rise. Despite extensive covert actions, propaganda campaigns, and economic measures aimed at thwarting Allende's government, he narrowly won the presidency in 1970. Subsequent destabilization efforts culminated in the 1973 coup, although there were other domestic factors contributing to Chile's polarization and political crisis. While the U.S. was not directly involved in the coup, it had created conditions favorable to it, leading to unintended consequences and long-lasting impacts.
Buy Beyond the Vanguard here: https://www.ucpress.edu/book/9780520298064/beyond-the-vanguard
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In this Majority Report clip, Leon Cooperman has it rough.
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Robert P. Jones joins Sam and Emma to discuss his book The Hidden Roots of White Supremacy and the Path to a Shared American Future.
Buy the book here: https://www.simonandschuster.com/books/The-Hidden-Roots-of-White-Supremacy/Robert-P-Jones/9781668009536
Tracing the narrative of white supremacy in America to 1493 and exploring contemporary communities in Mississippi, Minnesota, and Oklahoma for examples of racial healing, "The Hidden Roots of White Supremacy" proposes a path toward a truly pluralistic democracy. Beginning with present-day efforts to confront the legacy of white supremacy, the book revisits the pivotal year when an obscure church doctrine emerged, influencing the perspectives of European Christians for centuries. By connecting events like Emmett Till's story to the Spanish conquistador Hernando De Soto and linking other historical atrocities, the author argues that the enslavement of Africans wasn't America's original sin but a continuation of genocidal acts stemming from the first European contact with Native Americans. This reframing of American origins sheds light on how mass racial violence became the foundation for the philosophical framework of a democratic society, a paradox that persists today in the guise of white Christian nationalism. Through narratives of individuals navigating these contradictions in various communities, the book envisions a new American future that fulfills the promise of a truly pluralistic democracy.
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What is going on in Florida politics right now? Do the Democrats have any show of unseating DeSantis or Rubio? Michael from Miami gives us an update.
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Michael: Hey buddy. Michael from Miami. How are you?
Sam: Michael from Miami. Long time no hear from.
Michael: Congratulations on your success. tough to get through you guys but I always enjoy it. I really do. you know it's funny we've been 10 years listening to your Patreon for 10 years.
Sam: Thank you. I appreciate that.
Michael: There is no thank you for the entertainment. you know it's funny I don't get it because of my day-to-day life. we don't get the kind of viewpoint you guys usually bring out on a regular basis. and I don't agree with everything. you know that's what friends do. I do appreciate the platform. and it's calling that a mouth breather like Joe Rogan you know a WWF guy who basically showed up or i'm sorry MMA WWE UFC guy i'm you know it gets this kind of pub for being essentially accidentally stupid. I mean I just know that's where the battle is being fought now the mainstream media has lost its ability to influence people. and the fights now are in the steven crowder and joe rogan areas to try to get some of those people. I think you should try to change their philosophies. but i mean congratulations on being able to identify those arenas before most people do.
Sam: Well I mean if you know I think that there are people who get sort of like why are you talking about this?
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Heather 'Digby' Parton from Hullabaloo joins Ring of Fire’s Sam Seder, to talk about the collapse of the Manafort plea deal with Mueller.
Digby’s Full Article — https://www.salon.com/2018/11/28/mueller-probe-nears-a-climax-and-collusion-is-definitely-back-on-the-menu/
Manafort and Assange Article — https://www.theguardian.com/us-news/2018/nov/27/manafort-held-secret-talks-with-assange-in-ecuadorian-embassy
This clip is from The Ring of Fire Podcast. Click to subscribe for more great content: http://ringoffire.fans.fm/
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https://www.youtube.com/watch?v=9yDVA1CB44Y
Watch the Majority Report live Monday–Friday at 12 p.m. EST on YouTube OR listen via daily podcast at http://www.Majority.FM
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