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Tag Archives: Money

CHumph Lackey Manafort in Collusion With Russian Spies During Bail Hearings

Once a commie crook…

Looks like Mr Manafort will be spending his time in lockup, instead of his multi-million dollar condo in Alexandria, Va.

Can’t wait for him to find the bath fixtures in jail aren’t covered in 24 karat gold.

 

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Feds Apparently Have Flipped Witness Against Michael Flynn

Yeah they got him, squealing away in a Federal hideout.

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Did the Feds Flip Turkish Businessman Reza Zarrab—and Could He Bring Down Michael Flynn?

Reza Zarrab, whose trial for allegedly cheating U.S. sanctions is scheduled to begin in days, was secretly removed from a federal prison and may be working with prosecutors.

A man who may be part of special counsel Robert Mueller’s probe of alleged misdoings by President Donald Trump’s campaign and administration was secretly removed from a federal prison this month.

Mueller is reportedly looking at a December meeting blocks from Trump Tower where Michael Flynn—shortly before Trump became president and named him national security adviser—was reportedly offered upward of $15 million if he could help Turkey win the extradition of cleric Fethullah Gülen as well as the release of gold trader Reza Zarrab.

Now it appears Zarrab, whose trial for allegedly cheating U.S. sanctions by facilitating gold-for-gas deals between Turkey and Iran is scheduled to begin in just days, may be working with federal prosecutors.

Last month, lawyers for his co-defendant, bank manager Mehmet Atilla, remarked sardonically in court filings that Zarrab, the man at the root of the charges facing their client, had all but vanished, and it seemed “likely that Mr. Atilla will be the only defendant appearing at trial.”

The Bureau of Prisons website shows that Zarrab was released from BOP custody on Nov. 8. He had been held at the Metropolitan Correctional Center, a federal administrative prison near the Southern District of New York courthouse, before then.

Zarrab has not filed any court documents in the last month. His attorney, Benjamin Brafman, told The Daily Beast he would not be at the final pre-trial conference on Thursday. Flynn’s lawyer did not return a request for comment Wednesday evening.

“All I can tell you is that he is in federal custody,” Nick Biase, a spokesman for the U.S. Attorney’s Office for the Southern District of New York, told The Daily Beast.

 

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Defunding the alt-right – Moneyman Robert Mercer Pulls the Plug

Looks like the paychecks just got pulled on the alt-right hate mongers.

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Robert Mercer’s shunning of Milo Yiannopoulos leaves allies stunned — but is a lawsuit to blame?

Allies of shadowy hedge fund billionaire Robert Mercer were shocked at the vehemence with which Mercer denounced provocateur Milo Yiannopoulos on Thursday, as well as Mercer’s disavowal of the “alt right” movement and the white supremacist values it espouses.

“Holy sh*t!” one Yiannopoulos supporter texted to Vanity Fair‘s Tina Nguyen after Mercer’s announcement. “I think it means Milo is officially de-funded.”

In his statement on Thursday, Mercer said, “[I]n my opinion, actions of and statements by Mr. Yiannopoulos have caused pain and divisiveness undermining the open and productive discourse that I had hoped to facilitate. I was mistaken to have supported him, and for several weeks have been in the process of severing all ties with him.”

Yiannopoulos — whose fortunes have been spiraling downward for nearly a year — was the subject of a BuzzFeed exposé last month that revealed his cozy relationship with white supremacists and even cozier relationship with the ghost writers who did the bulk of Yiannopoulos’ writing, uncredited and largely unpaid.

Mercer’s public statement from Thursday said that he is particularly bothered by accusations that he is a white supremacist.

“Of the many mischaracterizations made of me by the press, the most repugnant to me, have been the intimations that I am a white supremacist or a member of some other noxious group,” he wrote.

The Daily Beast’s Matt Lewis excoriated Mercer, however, for pumping millions of dollars into his various media projects, which Lewis contends have “destroy(ed) the conservative movement.”

“I’m sorry, Mr. Mercer, you don’t get to play Thoughtful Libertarian Man after bankrolling nativism, populism, and racism,” Lewis said.

Others, however, dismissed Mercer’s departure from Renaissance Technologies and sale of his share of Breitbart.com as a PR ploy designed to create public distance between Mercer’s business reputation and the increasingly toxic “alt right” brand of white supremacy.

“This seems to me much more like Robert Mercer separating…his image from his money-making capacity than an actual disassociation with the people he funded for so long,” said former Breitbart.com editor Ben Shapiro. “The only person who’s really damaged here is Yiannopoulos. Rebekah’s gonna continue funding Breitbart, [and] there’s no repentance or shift here…it’s just a P.R. maneuver to [take] pressure off his hedge-fund investors.”

One possible reason that Mercer is urgently attempting to rehabilitate his public image is a lawsuit filed by former Renaissance Technologies partner David Magerman, who has publicly accused Mercer of being a racist.

Magerman’s lawsuit revealed that Mercer told him that he believes the following things:

a) The United States began to go in the wrong direction after the passage of the Civl Rights Act in the 1960s;

b) African Americans were doing fine in the late-1950s and early-1960s before the Civil Rights Act;

c) The Civil Rights Act “infantilized” African Americas by making them dependent on government and removing any incentive to work;

d) The only racist people remaining in the United States are black; and

e) White people have no racial animus toward African Americans anymore, and if there is any, is it not something that the government should be concerned with.

 
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Posted by on November 3, 2017 in Chumph Butt Kicking, Domestic terrorism

 

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The Chumph and Puerto Rico

Can you imagine the response from the Federal Government if any major city in the US was hit by a natural disaster that as a result it would lose electricity for 3-6 months?

Well..That just happened to Puerto Rico.

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Houston Hurricane Harvey –

President Donald Trump has already made a $7.9 billion request to Congress for emergency funding, which the House passed Wednesday. It’s just a starting point for total Harvey recovery spending; the White House says it plans to request an additional $6.7 billion soon…

Trump promised last Monday “you’re going to see very rapid action from Congress” about approving recovery dollars. “We’re going to get your funding,” he told Texans.

Florida Hurricane Irma –

Trump approves greater FEMA aid for 37 Florida counties

HURRICANE IRMA AND HARVEY $15B DISASTER FUND WON’T LAST 30 DAYS, SAYS EX-FEMA CHIEF

Puerto Rico –

The tragedy has received relatively little media coverage compared to Harvey and Hurricane Irma, and President Donald Trump hasn’t brought much attention to it.

As Puerto Rico reels from hurricane, Trump focuses on football

Yeah …Puerto Rico has 4 things wrking against it

  1. Brown Skinned people
  2. Spanish Language
  3. Votes Democratic
  4. A Territory not a State

None of those things should count…But under the Chumph and the Reprobates they do.

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The U.S. Government Couldn’t Care Less About Helping Puerto Rico Right Now

In Puerto Rico, more than 3.3 million people—who are also U.S. citizens—are still without power, electricity, cellphone service, and, in many cases, the bare necessities for survival after Hurricane Maria pummeled the island nearly a week ago. And Congress doesn’t seem to be in any hurry to help them.

Jennifer Bendery, a HuffPost politics reporter, tweeted Monday that the White House was expected to send a disaster aid request to Congress sometime during the first or second week of October.

She went on to explain that FEMA and the Office of Management and Budget first need to assess the scope of the damage in Puerto Rico—where the governor said on Monday a “humanitarian crisis” is looming if help doesn’t arrive soon—then request money. Then Congress will act.

In a worst case scenario, that means Congress, a body not exactly know for its efficacy, could only start consideration of an aid bill for Puerto Rico sometime after October 10 (the legislature won’t meet on the 9th in observation of Columbus Day), nearly three weeks after the storm first made landfall on September 20.

For context, Hurricane Harvey—whose devastation, while significant, was nowhere near as horrific as what has happened in Puerto Rico—made landfall in Texas as a Category 4 storm on Friday, August 25. A massive aid bill easily passed through the House on September 6 and sped through a Senate vote the next day—pushing a significant aid package to start rebuilding parts of Texas and Louisiana decimated by Harvey onto the president’s desk less than two weeks after the storm hit.

So it’s hard not to read the somewhat lackadaisical approach Congress and President Trump are taking to helping Puerto Rico, an impoverished island that’s more than $74 billion in debt, as a cynical value judgement on what’s worth rebuilding. Trump’s Twitter page, his bullhorn of choice, makes the point even clearer. Since Maria, Trump has tweeted about the devastation in Puerto Rico twice. Just since Saturday, the president has tweeted (or retweeted) messages to stoke his ongoing war on the NFL over the national anthem protests 17 times.

 

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ANOTHER Trump Scam Exposed – Taking Money From Sick Children

Its funny than no one seems to be investigation Trmp Charity scams…

 

 
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Posted by on June 7, 2017 in Daily Chump Disasters

 

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How Putin Bought the Chumph

Putin bought Trump like some used dishes at a Flea Market, and has pimped him out for Russia every since.

 

Russian state-run bank financed Toronto Trump hotel through mystery buyer: report

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Trump Toronto Hotel Bought out of bankruptcy by Putin’s mob

new report in the Wall Street Journal reveals that a Trump-branded hotel in Toronto received an urgently needed cash injection via a deal financed by a Russian state-run bank.

According to the Journal, government-owned VEB helped former Trump hotel partner Alexander Shnaider arrange an asset sale involving a share in a Ukrainian steel firm worth $850 million. Shortly after Shnaider completed the deal, he quickly began injecting cash into the Trump Toronto project, which the Journal notes was financially troubled at the time of the sale.

Although the buyer of the share hasn’t been publicly identified, two sources tell the Journal that it was “an entity acting for the Russian government.”

The Trump Organization emphasized to the Journal that it “had no involvement in any financial dealings with VEB” over the project, as it “merely licensed its brand and manages the hotel and residences.”

Nonetheless, the transaction is notable because, as the Journal notes, “VEB has long been viewed by Russian analysts as a vehicle for the Russian government to fund politically important projects.” Even more intriguing is the fact that Russian President Vladimir Putin was chairman of VEB’s supervisory board at the time of Shnaider’s deal, which means he would have likely personally signed off on such a large transaction.

VEB was placed on a U.S. sanctions list to punish the Russian government for its 2014 invasion of Crimea.

 
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Posted by on May 17, 2017 in Daily Chump Disasters, High Crimes

 

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Add to the List of Chumph’s Cadre Busted – Steve Bannon and “Seinfield”

Apparently the whole Steve Bannon – “Making millions from Seinfeld TV Show” schtick was a lie as well.

Bannon gets busted…Again.

BUSTED: There are no records of Steve Bannon making money off ‘Seinfeld’ and yadda yadda yadda

A key part of the mythos surrounding embattled White House adviser Stephen K. Bannon is that he makes millions of dollar in royalties from a savvy investment that included profit participation in the sitcom “Seinfeld,” but a New Yorker article about Bannon’s years in Hollywood is now casting doubt on that claim.

In an essay titled, “How Hollywood Remembers Steve Bannon,” journalist Connie Bruck dissects a number of Bannon’s key claims about his time in the movie industry and finds that most of them — including the “Seinfeld” story — don’t really hold up under scrutiny.

“Last November, when Bannon was named Donald Trump’s chief White House strategist, many articles highlighted an extraordinary fact about his Hollywood career: that he had negotiated a profit participation in ‘Seinfeld’ in 1993, two years before the show went into syndication,” said Bruck. “Forbes reported that, if Bannon had a one-per-cent share in the profits, ‘he would have made about $32.6 million since 1998,’ and went on to say that ‘Bannon’s steady “Seinfeld” income’ was supporting his career as a conservative propagandist.”

The factoid first surfaced in a 2015 Bloomberg Businessweek profile of Bannon. According to Bannon, Westinghouse Electric hired his firm to sell the corporation’s small share in an entertainment company called Castle Rock.

Media mogul and CNN founder Ted Turner was interested in buying all of Castle Rock including minority shareholders. Bannon said he advised Westinghouse to take the offer. The company’s representatives reportedly told Bannon that if the deal was so great, he should put up some of his own cash for the properties in the Castle Rock portfolio. One of them was “Seinfeld.”

“Some of those who were responsible for ‘Seinfeld’ became agitated by Bannon’s story,” wrote Bruck. “Larry David, the show’s head writer and executive producer, told me, ‘I don’t think I ever heard of him until he surfaced with the Trump campaign and I had no idea that he was profiting from the work of industrious Jews!’”

However, when Bruck scrutinized the deal — which Bannon and Co. reportedly came away from with a small portion of Castle Rock’s TV package — and followed it through a series of acquisitions and mergers until she found that after 1995, Warner Bros. acquired “Seinfeld” and began to send out regular profit participation statements.

“The Castle Rock and the Westinghouse records from the early months of syndication are not readily available,” wrote Brock. “It is possible that Bannon’s deal was capped and paid out at that time. But, since then, neither CBS nor Castle Rock nor Warner Bros. has records of payments to Bannon, if those records are as they were described to me.”

Got a little Blue Eyed Soul just for Steve…Not sure how the dancing girl in a skimpy bikini made it past the TV censors in 1965, but here goes.

 
 

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Former Chumph NSC Adviser Flynn Now Under Investigation By Pentagon

Every day, another layer of dirt on Putin’s Bitch’s boys taking bribes from Russia.

Elijah Cummings just released new docs that destroy Mike Flynn’s defense for taking foreign cash

Newly released documents reveal that the Department of Defense warned former Trump National Security Adviser Michael Flynn against taking money from foreign governments — but nevertheless, he persisted.

CNN reports that the new documents show Flynn was warned by the Defense Intelligence Agency to not accept cash from foreign governments in 2014 as he entered retirement. Flynn nonetheless took money from both the Russian and Turkish governments for paid speeches and for lobbying work, respectively.

“These documents raise grave questions about why General Flynn concealed the payments he received from foreign sources after he was warned explicitly by the Pentagon,” said Rep. Elijah Cummings (D-MD), who released the documents on Thursday. “Our next step is to get the documents we are seeking from the White House so we can complete our investigation. I thank the Department of Defense for providing us with unclassified versions of these documents.”

In a press statement on the documents, Cummings also noted that the newly revealed DIA letter “counters the suggestion by Flynn’s attorney on Tuesday that Flynn followed appropriate procedures for accepting foreign funds for his trip to Moscow.”

Both Cummings and Rep. Jason Chaffetz (R-UT) this week said that it appeared that Flynn, a retired Army lieutenant general, might have committed a felony by not disclosing payments he received from foreign governments before he assumed the role of national security adviser.

What’s that thing Stevie Wonder sang?

“So, it’s gettin’ ready to blow
It’s gettin’ ready to show
Somebody shot off at the mouth and
We’re gettin’ ready to know

It’s gettin’ ready to drop
It’s gettin’ ready to shock
Somebody done turned up the heater
An’a it’s gettin’ ready to pop”

 

 

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More Evidence of Flynn’s Treason and How He Was Paid By the Russians Through Turkey

The Chumph’s boy Flynn offered up testimony in exchange for not being prosecuted…He thought he could offer a deal and testify only on his own terms, and pick and choose what he disclosed.

The Government, and Congress shot down that ploy…Quickly.

Apparently Flynn didn’t know how much the Government had on his ass.

He is not looking at “11 Years in Twelveworth”…

He is looking at half the next century in a hole in the ground out west with no windows. If he dies before the sentence is up – They may just bury him in the Deseret in a cell to serve out the rest of his term.

He is gonna squeal! Or serve some really long hard time.

Ditto for the other Chumph co-conspirators.

And there isn’t a damn thing the Republican co-conspirators in Congress can do about it…Which is why Chaffetz jumped ship. At some point they are going to get around the Republican traitors who tried to derail the investigation.

In Russia, almost all roads in major business lead to the Putin Cartel. An international criminal Cartel which controls not only the organized crime, but oil, natural gas, and other industries.So Flynn ultimately was on Putin’s payroll, as was Carter Page, and Paul Manafort….And Putin’s Bitch.

Ain’t nobody giving a fired (Flynn had been tossed out of the Military) and disgraced US General $600,000…To do anything legal.

The only real question left is…Did they get Sessions too?

Flynn’s Turkish lobbying linked to Russia

The former national security adviser’s client had business dealings in Russia and worked with an executive in Russian oil companies on Turkish lobbying projects.

170424-Michael-Flynn-AP_17089851495505.jpgThe Turkish man who gave Mike Flynn a $600,000 lobbying deal just before President Donald Trump picked him to be national security adviser has business ties to Russia, including a 2009 aviation financing deal negotiated with Vladimir Putin, according to court records.

The man, Ekim Alptekin, has in recent years helped to coordinate Turkish lobbying in Washington with Dmitri “David” Zaikin, a Soviet-born former executive in Russian energy and mining companies who also has had dealings with Putin’s government, according to three people with direct knowledge of the activities.

This unusual arrangement, in which Alptekin and Zaikin have helped steer Turkish lobbying through various groups since at least 2015, raises questions about both the agenda of the two men and the source of the funds used to pay the lobbyists.

Although Turkey is a NATO ally, its president, Recep Tayyip Erdogan, has grown increasingly authoritarian and friendly with Putin. And the hiring of Flynn by Alptekin came at a time when Flynn was working for Trump’s campaign and Putin’s government was under investigation for interfering with the U.S. election.

Flynn’s lawyer, Robert Kelner, declined to comment. In a filing with the Justice Department, Flynn said he relied on assurances from Alptekin that he was not directly or indirectly funded by a foreign government. But shifting explanations and a web of business ties raise questions about the arrangement.

Flynn has offered evolving accounts of his lobbying work for Alptekin. In September, Flynn reported his client as a Dutch shell company owned by Alptekin. After being forced to leave the White House — reportedly because he lied to Vice President Mike Pence about his conversations during the transition with the Russian ambassador — Flynn filed new paperwork in March acknowledging that his lobbying work “principally benefitted” the Turkish government.

The revelation of Russian business ties to the man who hired Flynn — which has not been previously reported — threatens to complicate the White House’s struggle to escape the shadow of the FBI investigation into whether members of the Trump campaign coordinated with Russian agents.

Flynn has been a focus for concerns about Russian ties to both the Trump campaign, for which he was a key adviser and surrogate, and the Trump administration, in which, as national security adviser, he had access to the most sensitive state secrets.

He also has a history of failing to disclose ties to Russia. His original White House ethics disclosure failed to include payments from Kremlin propaganda network RT and two other Russian companies. The RT payment was for a paid speech Flynn gave at a Moscow gala where he sat at the same table as Putin.

A White House spokesman declined to comment.

Zaikin declined to be interviewed but said in an email that he wasn’t involved in Flynn’s lobbying and doesn’t know Alptekin.

Alptekin, in an interview, said he hired Flynn with his own money and did not coordinate any lobbying for the Turkish government. He also denied knowing Zaikin.

But Alptekin acknowledged that he has attended events and met with leaders of the Turkish Heritage Organization, a Washington-based group of Turkish-Americans loyal to Erdogan. The organization was started when Zaikin asked a Washington-based international political consultant named John Moreira to help set it up, Moreira told POLITICO.

Asked why Zaikin — who is not Turkish and has no apparent ties to Turkey — would be organizing a Turkish heritage organization, Moreira said he thought Zaikin had Turkish friends and business associates.

“I don’t know who David was working for. He just asked me to do this,” Moreira said.

Moreira said he was paid to help manage the heritage organization but would not say by whom…

 

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The Chumph’s Ownership By the Russian Mob Starts to Become Public

The Chumph is owned by the Mob. More specifically Putin’s Russian Mob. The FBI, the MSM, and a few others are beginning to wake up to the fact that the Mob has used the Trump organization to launder hundreds of millions, if not billions of dollars in ill gotten gains. The Chumph was bought and paid for, way before he began his run for office.

As a guy who sometimes does what’s called “due diligence” for corporations to sniff out just these sorts of financial ties, I stated here over a year ago that the Chumph has ties to organized crime, largely because of the fact crime bosses utilize investment in real estate deals of the type the Chumph does to both gain political power, and to launder money. Lets not even talk about the Chumph Casino in Atlantic City.

Ergo, without even opening the books, there was evidence of “funny money”.

Putin, besides being President of Russia, is the most powerful Mob boss in the world. His known holdings are somewhere in the $55-80 billion range, and that just covers the relatively “legal” stuff on which there are at least some financial reports. The common misconception about these criminals is they are all the tattooed freaks you see in the movies. That is a long way from the truth anymore.

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New Style Russian Mafia

Donald Trump’s businesses appear to have ties with alleged Russian mobsters: report

There’s a long history between Trump’s business interests and Russian interests

President Donald Trump, his company and partners have worked with wealthy Russians and oligarchs from former Soviet republics, according to a USA Today review of court cases, government and legal documents, in order to grow real estate developments. There are several of whom are allegedly connected to organized crime, according to USA Today.

At least 10 wealthy former Soviet businessmen — who are allegedly tied to criminal organizations — have been linked to Trump and his companies. Some of them include: a member of the the firm that developed Trump SoHo Hotel in New York — a twice convicted felon; an investor in the SoHo project who was accused of being involved with a $55 million money laundering scheme by Belgian authorities in 2011; and three owners of Trump condos in Florida and Manhattan who were indicted on their belonging to a Russian-American organized crime group and working for a major international crime boss in Russia.

At a time when Trump’s connections with Russia are under massive scrutiny, including an ongoing investigation by the FBI, the president’s decades-long history of business dealings with Russia are only creating more smoke. Trump has denied having any dealings in Russia as recently as February.

“I have no dealings with Russia. I have no deals that could happen in Russia, because we’ve stayed away. And I have no loans with Russia. I have no loans with Russia at all,” Trump previously told reporters.

However, back in 2013, Trump addressed potential investors in Moscow. Later touting to Real Estate Weekly,  “I have a great relationship with many Russians, and almost all of the oligarchs were in the room,” referring to Russians who made fortunes when former Soviet state enterprises were sold to private investors, according to USA Today.

USA Today reports:

Dealings with Russian oligarchs concern law enforcement because many of those super-wealthy people are generally suspected of corrupt practices as a result of interconnected relationships among Russia’s business elite, government security services and criminal gangs, according to former U.S. prosecutor Ken McCallion, as well as Steven Hall, a former CIA chief of Russian operations.

“Anybody who is an oligarch or is in any position of power in Russia got it because (President) Vladimir Putin or somebody in power saw some reason to give that person that job,” Hall said in an interview. “All the organized crime figures I’ve ever heard of (in Russia) all have deep connections and are tied in with people in government.”

Trump has not been accused of any wrongdoing in connection to any of the individuals mentioned in this article.

However, the deals, and the large number of Russians who have bought condos in Trump buildings, raise questions about the secrecy he has maintained around his real estate empire. Trump is the first president in 40 years to refuse to turn over his tax returns, which could shed light on his business dealings.

Trump’s Taj Mahal Casino in Atlantic City, New Jersey, had money laundering problems when it was fined $10 million in 2015 for not reporting suspicious transactions. “The Trump Organization admitted that it failed to implement and maintain an effective (anti-money laundering) program; failed to report suspicious transactions; failed to properly file required currency transaction reports; and failed to keep appropriate records as required by (the Bank Secrecy Act),” U.S. Treasury’s Financial Crimes Enforcement Network said in a statement, according to USA Today.

While the statement said warnings of multiple violations go as far back as 2003, no Russians were mentioned. However, former mayor Viktor Khrapunov was accused by lawyers for the Kazakh city of Almaty, lawsuits were filed in 2014, according to USA Today, of owning three Trump SoHo units through shell companies used to hide hundreds of millions of dollars. The money was allegedly looted by selling state-owned assets. The nation of Kazakhstan is a former member of the Soviet Union.

According to USA Today:

The Trump SoHo project “was largely financed by illegally obtained cash from Russia and Eastern European sources, including money provided by known international financial criminals and organized crime racketeers,” former prosecutor McCallion wrote on his blog in October. McCallion was an assistant U.S. attorney in New York from the mid-1970s to the mid-1980s under presidents Carter and Reagan.

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Old Style Russian Mafia

 

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Breaking the Alt-Right’s Piggy Bank

Surprised by Alt-Right and White Supremacist content on YouTube and Other sites…With Advertising for Coke or Pepsi right beside it?

While the tech companies were fine with it, and did little to filter it out – the big companies who buy ads aren’t happy at all.

Smack-down for the racist enabling tech companies.

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Major companies pulling advertisements a sign that many doubt Google’s ability to prevent marketing campaigns from appearing alongside repugnant videos

PepsiCo, Walmart and Starbucks on Friday confirmed that they have suspended their advertising on YouTube, joining a growing boycott in a sign that big companies doubt Google’s ability to prevent marketing campaigns from appearing alongside repugnant videos.

The companies pulled their ads after the Wall Street Journal found that Google’s automated programs placed their brands on five videos containing racist content. AT&T, Verizon, Volkswagen and several other companies pulled ads earlier this week.

“The content with which we are being associated is appalling and completely against our company values,” Walmart said in a Friday statement.

Besides suspending their spending on YouTube, Walmart, Pepsi and several other companies have said they will stop buying ads that Google places on more than 2m other third-party websites.

The defections are continuing even after Google apologized for tainting brands and outlined steps to ensure ads don’t appear alongside unsavory videos.

If Google can’t lure back advertisers, it could result in a loss of hundreds of millions of dollars in revenue. Most analysts, though, doubt the ad boycott will seriously hurt Google’s corporate parent, Alphabet. Alphabet shares have fallen more than 3% since Monday, closing at $839.65 on Thursday.

Although they have been growing rapidly, YouTube’s ads still only represent a relatively small financial piece of Alphabet, whose revenue totaled $73.5bn last year after subtracting commissions paid to Google’s partners. YouTube accounted for $5.6bn, or nearly 8%, of that total, based on estimates from the research firm eMarketer.

Whether the recent events are a mere blip on the radar for Google or a harbinger of bigger problems to come may depend on whether the company can quickly improve its technical tools to give advertisers more control over where their ads appear.

YouTube has begun reviewing its advertising policies and will take steps to give advertisers more control, Philipp Schindler, Google’s chief business officer, wrote in a blogpost this week. Google also plans to hire more people for its review team and refine its artificial intelligence – a key step, since much of the ad-serving is handled by automation.

Eric Schmidt, executive chairman of Alphabet, acknowledged in a Fox News interview that ads appearing next to videos promoting hate speech or advocating violence had slipped through the digital cracks in Google’s elaborate ad-serving systems.

“We match ads and the content, but because we source the ads from everywhere, every once in a while somebody gets underneath the algorithm and they put in something that doesn’t match,” Schmidt said. “We’ve had to tighten our policies and actually increase our manual review time and so I think we’re going to be OK.”

But Google’s public statements have done little to assuage advertisers’ fears, said David Cohen, president, North America, for the media buying firm Magna Global.

Even before the most recent revelations about YouTube, control over online ad placement had become a hot-button topic for advertisers. Social networks and news aggregators came under fire during and after the US presidential election for spreading fake news reports, and advertisers have also sought to avoid having their brands appear beside content that they categorize as hate speech.

“Between non-human traffic and fraud, fake news and hate speech, brands are more concerned than ever,” said Marc Goldberg, CEO of Trust Metrics, a New York-based company that addresses ad fraud.

 

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Miller Lite – “Tap the Future”​ Competition – Daymon John, No Equity Angel Investment

Daymond gives some good advice here…

Miller Lite’s “Tap the Future” Contest is underway accepting applications through April 14th. The Contest participants (rules in link above) get $20,000 for being selected in the first round, and can get $100,000 if their idea is selected as an overall winner. As Daymon John points out above, the huge advantage in participation in the competition, is the money does not require giving up equity in the winning companies, giving the a massive leg up should their business move to the point of seeking secondary of tertiary investment. If you can get to the product prototype stage (or are already there) with $100,000, this is far better financially than pursuing “Angel” investors who will want 30-50% ownership. One of the most critical factors to success of a startup is keeping the investor/ownership group as small as possible. Winning this could mean the entrepreneur retaining majority ownership through at least the Venture Capital round.

Go for it!

 
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Posted by on February 27, 2017 in General, The Post-Racial Life

 

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The Chumph’s Illicit Russian Campaign Money

This from Bloomberg…

What tyey are saying is the Chumph has been under investigation for illegal under the table campaign funds from Putin since last spring…

And there is a Paper Trail.

 

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Six Federal Law Enforcement and Intelligence Agencies Investigating Putin Financing Trumps Campaign

Follow the money!

Of course, to cover his tracks, the Chumph is going to nix all investigations and order the evidence destroyed.

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Report: 6 federal agencies investigating possible Kremlin financial support of Trump

But with Trump about to be sworn in, how long will they stay on the case?

On Wednesday, the McClatchy Washington Bureau, citing multiple unnamed sources, broke news that “the FBI and five other law enforcement and intelligence agencies have collaborated for months in an investigation into Russian attempts to influence the November election, including whether money from the Kremlin covertly aided President-elect Donald Trump.”

According to McClatchy, the involved agencies are the FBI, CIA, National Security Agency, Justice Department, Treasury Department’s Financial Crimes Enforcement Network, and representatives of the Director of National Intelligence.

The news is not altogether unexpected. During a hearing before a Senate panel last week, FBI director James Comey refused to answer questionsabout whether the bureau has investigated links between the Trump campaign and Russia. A day later, Trump himself dodged a reporter’s question about whether he or his campaign had any contact with Russia during the presidential campaign. And as far back as last September, news was circulating that federal agencies were looking into Trump foreign policy adviser Carter Page’s meetings with high-ranking Russian officials.

Earlier this month, U.S. intelligence agencies released a declassified reportconcluding that “Russian President Vladimir Putin ordered an influence campaign in 2016 aimed at the U.S. presidential election. Russia’s goals were to undermine public faith in the U.S. democratic process, denigrate Secretary Clinton, and harm her electability and potential presidency.”

“We further assess Putin and the Russian Government developed a clear preference for President-elect Trump,” the report continues. “Moscow’s influence campaign following a Russian messaging strategy that blends covert intelligence operations — such as cyber activity — with overt effort by Russian Government agencies, state-funded media, third-party intermediaries, and paid social media users or ‘trolls.’”

During the same presser where he dodged the question about alleged Russia ties, Trump acknowledged that Russia may have meddled in the election, but described an unverified dossier that alleged his campaign had colluded with the country as a “complete and total fabrication.”

The McClatchy report indicates that the Kremlin’s effort to help Trump may have gone further than hacking and anti-Clinton propaganda.

“Investigators are examining how money may have moved from the Kremlin to covertly help Trump win,” McClatchy reports. “One of the allegations involves whether a system for routinely paying thousands of Russian-American pensioners may have been used to pay some email hackers in the United States or to supply money to intermediaries who would then pay the hackers, the two sources said.”

That’s an explosive allegation. If true, it could implicate Trump officials in activities violating the Logan Act, which bars American citizens from interacting “with any foreign government” in an effort to manipulate U.S. foreign policy. But with Trump set to be sworn in on Friday, it’s unclear whether his administration will move forward with an investigation that could undermine the legitimacy of his presidency.

Trump hasn’t yet announced whether Comey will be retained as FBI director. During his confirmation hearing last week, Trump’s nominee for attorney general, Sen. Jeff Sessions, dodged a question about whether he accepts the intelligence community’s conclusions regarding Russia’s alleged meddling. That prompted Senate Judiciary Democrats to write Sessions a letter asking him to pledge to not interfere with investigations into the meddling if he’s confirmed.

Asked about the intelligence report during his confirmation hearing, Trump’s pick to run the CIA, Rep. Mike Pompeo (R-KS), went further than Sessions in affirming his faith in the intelligence community’s findings.

“Everything I’ve seen suggests to me that the report has an analytical product that is sound,” Pompeo said. “My obligation as director of CIA is to tell every policy maker the facts as best the intelligence agency has developed them.

But Trump’s pick for national security adviser, retired Lt. Gen. Michael Flynn, reportedly wants to eliminate the Director of National Intelligence and instead have intelligence agencies report directly to him. And as we’ve previously detailed, Flynn has close ties to Putin and his regime.

 

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Chumph Nazis Can’t Crowdfund $125 Fee For March

Trumpazoid Nazi Types…Typical.

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Neo-Nazis couldn’t raise the $125 needed for a permit for their Montana march

Neo-Nazis and white supremacists have been planning an on-again, off again march in Whitefish, Montana after the mother of well-known white supremacist Richard Spencer began complaining she was being harassed in Spencer’s hometown. Now, it seems, the march is off again after rally organizers were unable to afford the price of the permit to hold the event.

According to The Flathead Beacon, the City of Whitefish received the application for a march on Second Street from Memorial Park to City Hall. The fee for the permit is $125, but the application had only a $65 money order attached to it. Parades are also required to have a certificate of insurance, which the organizers also did not include.

Andrew Anglin, publisher of “The Daily Stormer,” announced to his readers that the city has refused to issue him a permit and he is speaking with lawyers and the ACLU. While that might be accurate, the framing is a little disingenuous as the permits weren’t denied or refused based on who the participants are, rather an inability to pay the bill.

Anglin says that the march will probably have to be rescheduled for sometime in February.

 
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Posted by on January 12, 2017 in Chumph Butt Kicking, Domestic terrorism

 

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