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Recent Posts
- Without Any Legislative Powers, the Fed Is Rewriting the Law and Creating a Permanent $500 Billion Bailout Facility for Wall Street
- Secret Service, DHS, FBI: Trump Appointees Remain at the Helm of Agencies Involved in What the Public Perceives as Evidence Destruction and Coverups
- After Tailoring Windfall Tax Cuts for His Wealthiest Donors, Senator Johnson Wants to Eliminate Social Security and Medicare as Entitlement Programs
- Judge Orders Jury Trial for JPMorgan Whistleblower Who Claims Bank Fired Her for Reporting Suspicious Payments to Former U.K. Prime Minister Tony Blair
- Meet Ken Klukowski, a Trump Administration Cooperating Witness in the Justice Department’s Criminal Investigation of January 6
- Brace Yourself for Federally-Insured Bank Failures Caused by Crypto
- Wall Street Megabanks’ Multi-Billion Dollar Blunders Suggest Money Controls as Good as George Bailey’s Uncle Billy
- Senate Banking Committee Will Hear Today About Getting “Pig Butchered” and an Explosion in Crypto Con Men Preying on the Unwary
- Meet Marc Short, the Former Koch Exec Who Has Now Testified Before a Grand Jury Investigating the January 6 Attack
- Federal Data Show JPMorgan Chase Is, By Far, the Riskiest Bank in the U.S.
- Shhh! Don’t Tell the Public that their Investor Advocate at the SEC Has Gone Poof, Along with His Most Recent Reports
- From the Secret Service to the Fed, Inspectors General Are Enablers to Corruption at the Agencies they Oversee
- Secret Service Bio for Tony Ornato Says He Was Responsible for “All Aspects of” “Military Operations” that Supported Trump
- As Questions of Evidence Destruction Hit the Secret Service, a Book Reveals that Secret Service Agents Spread the Big Lie of a Stolen Election on Social Media
- There Are Three Separate Cases in Federal Court Accusing JPMorgan Chase of a Culture of Fraud
- A Headline at Politico Declares that the U.S. Can’t Be a Financial Leader without Crypto; The Headline Was Written by a Crypto Firm
- The Fed’s Inspector General Clears Jerome Powell of Wrongdoing in the Trading Scandal, One Day After Five Senators Accuse Him of Hampering the Investigation
- Senators on Senate Banking Committee Accuse Fed Chair Powell of Hampering Trading Scandal Investigation
- Over 1,600 of the Brightest Scientific Minds in Technology Have Signed a Letter Calling Both Crypto and Blockchain a Sham
- The Stock Exchange of the Future Has Arrived – With a Very Dark Past
- “Team Crazy” and Co-Conspirators that Marshaled the Mob at the Capitol to be Key Focus of Tuesday’s January 6 Hearing
- Here Are the Orwellian Details of the U.S. Patent JPMorgan Got Approved for Its Sprawling System of Spying on Employees
- Internal Charts Show Treasury Agency Assigned to Measure Risk in U.S. Markets Slept through the Repo Crisis of 2019 and the Fed’s $19.87 Trillion Bailout
- Crypto Billionaire Sam Bankman-Fried Is Dangling $1 Billion in Political Donations; But He Wants Dangerous Crypto Derivatives Trading in Return
- Atlanta Fed’s Model Forecasts GDP to Contract by -2.1 Percent in Second Quarter; Morgan Stanley Says S&P 500 Could Drop Another 22 Percent If that Happens
- The Supreme Court’s EPA Decision Is One More Win for Charles Koch’s Dystopian America
- Deutsche Bank and JPMorgan Chase Have Been Trading Like Clones for Two Months; Both Are Down Almost 30 Percent Year-to-Date
- Report: JPMorgan Chase and Citibank Hold 90 Percent of All Gold and Other Precious Metals Derivatives Held by All U.S. Banks
- The Glue that Connects Jeffrey Clark, John Eastman, Ginni Thomas, and the Guy Who Was Air-Dropped into the DOJ, Is Charles Koch’s Money
- As This Crypto Stock’s Price Collapsed, Goldman, JPMorgan and Citigroup Issued Buy Ratings
- JPMorgan Chase’s Derivatives Spike by $14 Trillion in First Quarter to Six-Year High of $60 Trillion
- Is the Crypto Threat to U.S. Financial Stability $889 Billion or $10 Trillion?
- Crypto Victims’ Cries for Help Are Piling Up at a Federal Complaint Center
- Has Crypto Endangered Federally-Insured Big Banks? Ask State Street
- After Crypto Money Piled into Campaign Coffers of Senators Lummis and Gillibrand, They Introduced a Sweetheart Legislative Bill for Crypto
- As the Speeding Crypto Train Crashes, Scientific and Engineering Experts Tell Congress that Both Crypto and Blockchain Were a Sham from the Beginning
- The Fed Fingers Its Worry Beads: Mortgage Rates Double in Six Months to 6.28 Percent; Crypto Crashes; Layoffs Explode in FinTech
- Crypto-Carnage Hits Every Asset Class Tied to Crypto
- Five U.S. Megabanks Have Lost $300 Billion in Market Cap in One Year; Crypto Is in Meltdown this Morning; and the Fed Will Hike Rates Further on Wednesday
- The Money Trail to the January 6 Attack on the Capitol Is Ignored in Last Night’s Public Hearing
- As Tech Startups and Blank-Check Companies Blow Up in Investors’ Portfolios, SEC Chief Gensler Gives Yet Another Speech
- These Charts Show the Wealth Devastation to U.S. Investors from Wall Street’s Unchecked Corrupt Practices
- Domestic Crude Oil Peaked at $145 a Barrel in 2008. It Closed Yesterday at $118.50. So Why Is Gas at the Pump at All-Time Highs?
- Fed Data Shows a Half Century of Moderate Growth in the Fed’s Balance Sheet through Two World Wars – Then a Seismic Explosion Under Bernanke, Yellen and Powell
- Redditors Are Furious at the SEC’s New Ad Campaign Portraying them as Idiot Investors
- Senator Sherrod Brown Goes After 0-Count Felon Wells Fargo; Ignores 5-Count Felon JPMorgan Chase
- Credit Unions and Banking Groups Warn of “Devastating Consequences” of a U.S Central Bank Digital Currency
- Stable Coin and Cryptocurrency Investors Are Not the Only Ones in Tears: Ten Crypto Mining Stocks Have Fallen by 50 to 80 Percent Year-to-Date
- New York Fed Stuns with New Report: At Year End Its Trading Desk Owned 38 Percent of All 10-30 Year U.S. Treasuries
- JPMorgan Whistleblower Names Former U.K. Prime Minister Tony Blair in Court Documents as Receiving “Emergency” Payments from Bank
Search Results for: koch
Meet Marc Short, the Former Koch Exec Who Has Now Testified Before a Grand Jury Investigating the January 6 Attack

By Pam Martens and Russ Martens: July 27, 2022 ~ Mainstream media has been abuzz over the past two days that Marc Short, the Chief of Staff to former Vice President Mike Pence, has testified under subpoena before a grand jury convened by the U.S. Department of Justice, which has now broadened its investigation of the January 6 attack on the Capitol to the masterminds. But is that really the headline? We think the real headline is that Marc Short was previously an executive at the fossil fuels conglomerate Koch Industries, a private company run by billionaire Charles Koch who has been setting up political front groups for four decades. Short went on to become President of a Koch-related dark money group called Freedom Partners from 2011 to 2016. Freedom Partners plowed hundreds of millions of dollars into political operations in an effort to put fossil fuel friendly pawns in Congress … Continue reading
The Supreme Court’s EPA Decision Is One More Win for Charles Koch’s Dystopian America

By Pam Martens and Russ Martens: July 1, 2022 ~ Imagine a country that allows a private fossil fuels conglomerate (or its billionaire boss, Charles Koch, the 17th richest person in the world according to Forbes) to get away with the following: Meet secretly with big political donors twice a year to plot a coordinated strategy to put their chosen people in public office; Meet at his private club with a sitting Supreme Court justice who will then rule on key legislation that benefits his interests; Fund an organization that then sluices money to the wife of the Supreme Court Justice; Run a highly sophisticated voter registration database, data mining and get-out-the-vote operation called i360, in order to pack Congress with people who will pursue an antiregulatory agenda; Install dozens of its lawyers and operatives into the highest offices of the federal government; Run a sprawling, opaque trading operation that could … Continue reading
The Glue that Connects Jeffrey Clark, John Eastman, Ginni Thomas, and the Guy Who Was Air-Dropped into the DOJ, Is Charles Koch’s Money

By Pam Martens and Russ Martens: June 28, 2022 ~ In September 1999 the U.S. Department of Justice filed racketeering charges against the major tobacco companies and two of their front groups. The court filings in that case carefully pieced together a half century of conspiratorial conduct and lies that gravely harmed the health of the American people, while lining the pockets of the tobacco industry, its lawyers and its paid shills. The January 6 Select House Committee has that same, once-in-a-lifetime power in its hands. But that window of opportunity will close soon. The January 6 Committee can connect all the dots of the attempted coup leading to the doorstep of Charles Koch and expose his four decades of establishing front groups to shill for the fossil fuels industry and anti-climate change groups, or it can present a false and narrow view that this was all about the ego and … Continue reading
The Money Trail to the Ginni Thomas Emails to Overturn Biden’s Election Leads to Charles Koch

By Pam Martens and Russ Martens: March 28, 2022 ~ The Washington Post’s Bob Woodward and Bob Costa of CBS News have unleashed a fury of renewed interest in the work of the House Select Committee investigating the January 6 attack on the Capitol. Last Thursday, Woodward and Costa set off a political firestorm when they released the contents of emails that Ginni Thomas, wife of the sitting Supreme Court Justice, Clarence Thomas, had sent to President Donald Trump’s Chief of Staff, Mark Meadows, in 2020, urging him to overturn the Biden election win and attempting to steer his efforts in that regard. A total of 29 emails were obtained by Woodward and Costa, with the bulk of the emails occurring in just the month of November 2020, raising questions as to how many more emails are still out there from Thomas to the White House from December 1, 2020 through … Continue reading
President of Koch-Funded Group Says “Ukraine Doesn’t Matter to America’s Security…” as Koch Says It Will Keep Running Businesses in Russia

By Pam Martens and Russ Martens: March 18, 2022 ~ On March 8, Wall Street On Parade reported that despite announcements by British Petroleum (BP), Shell and ExxonMobil that they were cutting business ties to Russia in response to Russia’s brutal invasion of Ukraine, another oil conglomerate, Koch Industries, remained silent. Koch Industries is the privately-owned cash cow that has fueled the infamous “Koch Brothers” creepy intrusions into every nook and cranny of American politics, using labyrinthine layers of well-financed front groups. The oldest brother, Charles Koch, whose personal wealth is estimated at $53 billion according to Forbes, remains at the helm of Koch Industries and a sprawling political power base. David Koch died in 2019. Koch front groups also played a pivotal role in the attack on the Capitol on January 6, 2021 in an effort to keep Russian President Vladimir Putin’s admirer, Donald Trump, in the White House. See: … Continue reading
As BP, Shell, ExxonMobil Announce Cutting Ties to Russia, Oil Baron Charles Koch Remains Silent About His Sprawling Russian Operations

By Pam Martens and Russ Martens: March 8, 2022 ~ British Petroleum (BP), Shell, ExxonMobil and Norwegian oil and gas producer, Equinor, have all released statements indicating they are severing business ties with Russia in response to its invasion of Ukraine. But billionaire oil baron Charles Koch, who has sat at the helm of Koch Industries for more than half a century, has been unusually quiet about his plans for his sprawling Russian operations. According to Koch Industries, one of the largest private corporations in the world, three of its companies operate in Russia: Molex, a manufacturer of semi-conductors, printed circuits, fiber optics and a multitude of other electrical components; Koch Engineered Solutions, which makes process and pollution control equipment; and Guardian Industries, a glass and auto parts manufacturer. Another unit of Koch Industries, Koch Supply and Trading, has a history of trading Russian oil. Guardian Industries’ division, Guardian Glass, has … Continue reading
The Dark Money “Ring” of Charles Koch and Leonard Leo Gets an Airing Before the U.S. Senate – Followed by a Mainstream Media News Blackout

By Pam Martens and Russ Martens: March 15, 2021 ~ Last Wednesday, March 10, a Subcommittee of the Senate Judiciary Committee held a hearing of critical importance to every American on the growing tsunami of dark money that is corrupting the U.S court system, up to, and including, the U.S. Supreme Court. Senator Sheldon Whitehouse (D-RI), who has written extensively on the corrupting influence of dark money on American democracy, chairs that Subcommittee on Federal Courts, Oversight, Agency Action and Federal Rights. One would have thought that every major print and broadcast news outlet would have covered that hearing. Instead, the silence was deafening and smacked of censorship. The one peep that was heard from a major news outlet was a snarky attack on Whitehouse himself on the day of the hearing by the corporatized, right-wing Editorial Board of the Wall Street Journal, part of the Rupert Murdoch empire. The “Editorial … Continue reading
The Kochtopus Is Betting Billions in the Stock Market: Is There a Case for Systemic Risk?

By Pam Martens and Russ Martens: March 9, 2021 ~ Front groups with long-term histories of funding from billionaire Charles Koch and his related entities have taken a keen interest in Congressional hearings into the manipulative trading action in the shares of GameStop, a struggling brick-and-mortar video game retailer. The Cato Institute maneuvered a seat for itself at a House Financial Services Committee hearing on the matter in February and the Mercatus Center will have a seat at today’s Senate Banking Committee hearing. Shares of GameStop soared from $18.84 on December 31 of last year to an intraday high of $483 on January 28 – an unprecedented run of 2,465 percent in four weeks. The stock price then quickly plunged and is now making a second comeback rally, closing yesterday up 41.21 percent at $194.50. Behind the scenes of this wild trading action has been a decidedly perverse trading model. … Continue reading
Senate Banking Committee Sets GameStop Hearing for Tuesday; Koch Money Pops Up Again

By Pam Martens and Russ Martens: March 8, 2021~ We’re starting to see a pattern. When the House Financial Services Committee held its February 18 hearing on the wild, manipulative trading patterns in shares of GameStop, a right-wing front group funded with Koch money sent a surprise witness to testify. The front group was the Cato Institute, which was secretly owned by Charles and David Koch and a handful of men through much of its history. Tomorrow, the Senate Banking Committee will hold its own hearing on the GameStop matter and one of the five witnesses called to testify hails from another bastion of Koch money, influence and dubious history. The witness we’re referring to is Andrew (Andy) Vollmer, a Senior Affiliated Scholar with the Mercatus Center. It’s a safe bet this witness wasn’t invited by the Chair of the Committee, Sherrod Brown, a Democrat from Ohio, but was invited by … Continue reading
Will Senator Toomey Engage in Koch-Speak at Today’s Senate Confirmation Hearing?

By Pam Martens and Russ Martens: March 2, 2021 ~ The Senate Banking Committee will convene today to conduct confirmation hearings for President Joe Biden’s nominees to fill two key Wall Street watchdog posts: Gary Gensler to Chair the Securities and Exchange Commission (SEC) and Rohit Chopra as Director of the Consumer Financial Protection Bureau (CFPB). As a result of Democrats taking control of the Senate, Sherrod Brown, a Democrat from Ohio, is the new Chair of the Senate Banking Committee. Curiously, however, the prior Republican Chair of the Senate Banking Committee, the mild-mannered Mike Crapo of Idaho, is not the Ranking Member of the Committee. He has been replaced by a man far more likely to engage in aggressive Koch-speak, Republican Senator Pat Toomey of Pennsylvania. (Toomey was all set to become the new Chair of the Senate Banking Committee but then things went south in Georgia and Democrats picked … Continue reading