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December 2022

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SBF: Virtue-Signaling Scammer The crypto king used high ideals to mask low motives: Matthew Continetti

By on December 20th, 2022

https://freebeacon.com/columns/sbf-virtue-signaling-scammer/

The former head of crypto exchange FTX, Sam Bankman-Fried, aka SBF, stands accused of many crimes. But no one has ever charged him with reticence.

Between 2019, when he first appeared on the scene, and December 12, 2022, when Bahamian police took him into custody—conveniently preventing him from testifying before Congress the next day—the 30-year-old MIT graduate and former billionaire would not shut up.

No audience was too small. No subject was beyond the pale. Given the opportunity, SBF would announce his veganism, discuss his fashionably liberal politics, and outline the tenets of his utilitarian worldview, his philosophy of “effective altruism.” His remarkable and short-lived career is a case study in high ideals serving as cover for low motives. It also illustrates the double-standard that liberals apply to business scandals.

Words poured from SBF’s disheveled self, faster than you can mint a bitcoin. Last year his net worth soared, reaching an estimated $20 billion. He ascended to the top rank of political donors, giving millions to Joe Biden in 2020 and contributing more money to Democratic candidates in 2022 than everyone but George Soros. Friendly media profiled “The Mysterious Cryptocurrency Magnate Who Became One of Biden’s Biggest Donors” and “A Crypto Emperor’s Vision: No Pants, His Rules.” “I have a lot of things to say,” he told New York magazine.

That’s for sure. SBF admitted to obsessive compulsion, to attention deficit disorder, to depression, and to playing Magic: The Gathering well into adulthood. He would jabber away on social media, during video game sessions, at investor conferences, and on television and podcasts. Rumors swirled about his love life, which may or may not have involved something called a “polycule.”

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NATIONAL NEWS & OPINION Comments turned off

Elon Musk should remain Twitter CEO to keep up the free speech fight Twitter CEO Elon Musk has exposed how our law enforcement agencies worked with Twitter to censor free speech. He should not walk away now. Liz Peek

By on December 20th, 2022

https://www.foxnews.com/opinion/elon-musk-remain-twitter-ceo-keep-free-speech-fight

Elon Musk is a hero of our times. Risking his personal safety and fortune, he bought Twitter and pushed back against the Left’s repugnant effort to shut down Americans’ freedom of expression. In addition, he has exposed the dangerous collusion between our social media giants and the FBI, which appears to have subverted our elections.

Now Musk is threatening to call it quits. This must not happen.

In an online poll, Musk asked the Twitterverse whether he should “step down” as head of Twitter, and promised to abide by the outcome. He tweeted soon after the launch of the referendum: “As the saying goes, be careful what you wish, as you might get it.”

The bad news for Musk fans is that 57% of the 17 million people who participated said he should indeed quit his post; 43% said he should not. 

Will the quixotic entrepreneur follow through, and abandon his $44 billion undertaking? Will he allow the Leftist thought police to resume their control of what Americans can see and read? 

We can only hope he changes course, or somehow accedes to the letter of his self-imposed plebiscite without actually abandoning the fight. Nothing could be more important.

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ELECTIONS Comments turned off

The Rise of the DeSantis Democrats Like Reagan Democrats once upon a time, these voters have already reshaped the political landscape in Florida. Can they do the same nationally in 2024? Olivia Reingold

By on December 20th, 2022

https://www.thefp.com/p/the-rise-of-the-desantis-democrats?utm_source=substack&utm_medium=email

MIAMI—It’s almost 11 p.m. on a recent Friday night at ONE Gentlemens Club, and it’s dead except for the girls in their thongs, sitting on pleather couches, waiting for someone to give a lap dance to. No one can talk to anyone else. It’s too loud for that, what with the electronic drum, the incessant rapping. The rap is supposed to inspire twerking—and tens. Tonight, no one’s twerking. 

Tory Williams is alone at the bar in fishnets and boots. She should be mixing drinks. 

“Did you vote in the recent election?” I write in my notebook, then pass it to her.

She nods. When I ask who she voted for, a grin appears. “DUH-SAN-TIS,” she mouths. 

“Why DeSantis?” I shout. Williams is a black woman who looks to be pushing forty. She has a fiancé and, after two slow years, a job. It was her brother, she says, who made her rethink her politics. 

Finally, she shouts back, over the bar, through the din: “Money.”

Williams is one of the DeSantis Democrats: Florida voters who, until recently, identified as Democrats but in November opted to reelect Republican Gov. Ron DeSantis—he who resisted the Covid lockdowns, tangled with Disney, and governed with a record budget surplus—in a landslide. 

It’s unclear how many DeSantis Democrats there are: DeSantis’ vote count jumped from roughly 4 million in 2018 to 4.6 million in 2022. Lots of those voters are presumably independents or Republicans who didn’t vote last time. 

But some are disaffected Democrats alienated from the party they once belonged to. That’s evident from the longtime Democratic strongholds that DeSantis flipped, including Hillsborough, Palm Beach and Miami-Dade, where DeSantis skyrocketed from a 21-point loss in 2018 to an 11-point win in 2022—a net gain of more than 30 percentage points. 

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EDUCATION Comments turned off

The Stanford Guide to Acceptable Words Behold the school’s Elimination of Harmful Language Initiative.

By on December 20th, 2022

https://www.wsj.com/articles/the-stanford-guide-to-acceptable-words-elimination-of-harmful-language-initiative-11671489552?mod=opinion_lead_pos2

Parodists have it rough these days, since so much of modern life and culture resembles the Babylon Bee. The latest evidence is that Stanford University administrators in May published an index of forbidden words to be eliminated from the school’s websites and computer code, and provided inclusive replacements to help re-educate the benighted.

Call yourself an “American”? Please don’t. Better to say “U.S. citizen,” per the bias hunters, lest you slight the rest of the Americas. “Immigrant” is also out, with “person who has immigrated” as the approved alternative. It’s the iron law of academic writing: Why use one word when four will do?

You can’t “master” your subject at Stanford any longer; in case you hadn’t heard, the school instructs that “historically, masters enslaved people.” And don’t dare design a “blind study,” which “unintentionally perpetuates that disability is somehow abnormal or negative, furthering an ableist culture.” Blind studies are good and useful, but never mind; “masked study” is to be preferred. Follow the science.

“Gangbusters” is banned because the index says it “invokes the notion of police action against ‘gangs’ in a positive light, which may have racial undertones.” Not to beat a dead horse (a phrase that the index says “normalizes violence against animals”), but you used to have to get a graduate degree in the humanities to write something that stupid.

The Elimination of Harmful Language Initiative is a “multi-phase” project of Stanford’s IT leaders. The list took “18 months of collaboration with stakeholder groups” to produce, the university tells us. We can’t imagine what’s next, except that it will surely involve more make-work for more administrators, whose proliferation has driven much of the rise in college tuition and student debt. For 16,937 students, Stanford lists 2,288 faculty and 15,750 administrative staff.

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NATIONAL NEWS & OPINION Comments turned off

The Jan. 6 Inquiry’s Not-So-Grand Finale Criminal referrals of Trump add nothing but political complication.

By on December 20th, 2022

https://www.wsj.com/articles/the-jan-6-inquirys-not-so-grand-finale-donald-trump-criminal-referral-justice-department-11671488663?mod=hp_opin_pos_1

The House Jan. 6 committee decided Monday that the best way to cap its 18 months of work would be a political gesture. It thus referred President Trump to the Justice Department for potential criminal prosecution for his efforts to reverse the 2020 election, which culminated in the Capitol riot.

What is this supposed to accomplish? A Congressional referral to the Justice Department has all the legal force of an interoffice memo. Attorney General Merrick Garland has appointed special counsel Jack Smith to investigate Mr. Trump’s schemes to stay in office. The Jan. 6 committee’s loud public intervention makes his job more complicated, given the clear partisan context.

The House Jan. 6 inquiry has done useful work gathering documents and putting witnesses under oath. The wiser course was to let the established facts speak for themselves, while releasing full transcripts of its interviews to provide a complete public record.

***

The questions for Mr. Smith are whether Mr. Trump’s reckless conduct was criminal and whether indicting him is prudent and good for the country. The House referral cites laws against insurrection, obstruction of an official proceeding, conspiracy to defraud the United States, and conspiracy to make a false statement to the government. But getting a conviction requires a unanimous jury, and the House theories of the case have serious problems based on the current public evidence.

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