Author: Doug Santo

Geologist | Author | Photographer
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From flying high to eating dirt in a few short months…

From $10 billion to zero: How a crypto hedge fund collapsed and dragged many investors down with it

    • The bankruptcy filing from Three Arrows Capital (3AC) triggered a downward spiral that wrapped in many crypto investors.
    • The hedge fund failed to meet margin calls from its lenders.
    • “3AC was supposed to be the adult in the room,” said Nik Bhatia, professor of finance and business economics at the University of Southern California.

Related:

Founders of bankrupt crypto hedge fund 3AC go missing, as investors try to recoup assets

    • Lawyers representing 3AC’s creditors say the physical whereabouts of Zhu Su and Kyle Davies are “currently unknown.”
    • The court filing from Friday also alleges that the founders have not yet begun to cooperate with the liquidation process “in any meaningful manner.”
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Headline of the day…

Jill Biden compares Hispanic voters to ‘breakfast tacos’

Here’s another great headline:

The Spectacle of Woke Feminists: An army of privileged unhappy neurotic women – with an endless amount of spare time – try to bring meaning to their boring lives.

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Democrats and liberal media just make things up to suit their narrative of the moment…

Here’s the President of the United States passing along a fake story to bolster the liberal narrative. Fake but accurate, I guess:

https://twitter.com/greg_price11/status/1546655270318874626

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Democrats and anti-Trumpers on national television admitting Trump is unstoppable and wishing for his death. These people are pathetic losers.

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Hunter Biden videos himself weighing big crack rocks. Big Joe from 1991 commenting on crack users.

Here’s another special video:

This guy was paid millions of dollars for his business acumen by multiple foreign government controlled entities:

The lying fucking jerks from our government, experts in intelligence, signed a letter saying this was all a fake before the 2020 election. Our fake media refused to report it. Our fake social media wouldn’t let people post it:

The same liars from our government claimed Trump was a security risk:

https://twitter.com/theinformantofc/status/1545976928737402880

Here’s a good summary of this jerkoff’s recent prostitute activity:

Hunter Biden could face prostitution charges for transporting hookers across state lines and disguising checks to them as payments for ‘medical services’: Spent $30k in five months on ‘the girlfriend experience.’

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Is Biden one of the worst presidents of all time? Why yes. Yes he is.

US leaks of Israeli covert ops against Iran eroding trust, security ahead of Biden visit to region

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Avalanche!

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The new standard in “journalism” – viral repetition. That’s right, if people say something over and over, it must be true!

WAPO ASSERTS ‘FACT’ TO UNCHECKED STORY OF 10-YEAR-OLD’S ABORTION BASED ON VIRAL REPETITION

U.S. Media continues to embarrass itself.

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Vaccines are not all they are cracked up to be. Watch this.

Related. Democrats and liberal media will not let go of Covid. The new Midterm Variant is now being sold to gullible Americans (mostly liberals who are fully invested in the vaccine bullshit). Watch. This is early battlefield prep for the midterms where Democrats and media will leverage scare tactics to keep liberal votes:

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Civiqs: Biden 29%

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Spending tax dollars in an attempt to gauge the effectiveness of Democrat/media climate cult propaganda…

NIH division spends $413,000 to study effect of climate change on mental health of the young

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My understanding is that California runs two sets of books to keep unfunded pension and health care liabilities hidden from voters.

States owe nearly a trillion dollars in liabilities on top of unfunded pensions, report shows

Other Post-Employment Benefit debt obligation is about $3,000 for every U.S. resident.

California, Texas, New York, New Jersey and Illinois rank as the five worst states.

California alone has about $125 billion in OPEB obligations.

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David Brooks is what the media identify as a Republican.

David Brooks Doesn’t Know Why Australian-Style Gun Control is Controversial.

“…New York Times columnist David Brooks is, in theory, supposed to be the conservative counterweight to Washington Post associate editor Jonathan Capehart when the two join PBS NewsHour host Judy Woodruff every Friday to recap the week’s news, but in reality Brooks mostly ends up repeating liberal talking points. A case in point was Friday’s episode where he wondered why Australian-style gun control is so controversial.

Brooks’s remarks came at the end of the segment’s gun control portion after Woodruff asked, “You agree the likelihood of there being any more federal action on guns is very unlikely?”

After noting his agreement, Brooks lamented, “I have never understood why an Australian-style gun buyback is an affront to anybody. It’s an open choice. You can sell your gun or not. But if we’re going to reduce 400 million guns, it would take something like that, not even just banning future purchases. I mean, we have got 400 million here.”

Maybe because it was not “an open choice,” but mandatory and Brooks will probably escape the ire of the fact checkers…”

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The net effect of woke western green policies applied on a national basis, Sri Lankans pay the price.

Dear Democrats, THIS Is What Your Oppressive Global Initiatives Lead To

    • In an attempt to improve Sri Lanka’s Environmental, Social, and Governance (ESG) score (which is totally communist), President Rajapaksa forced farmers to grow food organically and banned the use of synthetic fertilizers and pesticides, thus causing the nation’s rice crop to fall by 20% in the first six months. Crop productions dropped 40-50%.
    • Food shortages were next. (Hey Netherlands, are you watching?)
    • Inflation rose to 54.6% as of June.
    • Sri Lanka incurred outrageous expenses importing food and “organic” fertilizer.
    • Tea production, Sri Lanka’s largest export, was decimated.
    • Inflation exploded and half a million Sri Lankans slid into poverty.

Doug Santo