Wednesday 13 September 2023

Waste of Money Story

 I paused over a Wall Street Journal item for today: "DECONGESTANT IN COLD MEDICINES FOUND INEFFECTIVE."

Basically, for several dozen cold medications  in the US.....they never had any effective 'power'.

If you'd asked me about in 1980....to recommend anything....I'd say most did almost nothing.  Same in the 1990s, and for the whole past 20 years.

How much have I wasted?  Probably well  over $1,000 since August of 1977.  

What'll happen?  I'd say almost 95-percent of people will continue on....buying the same crap.  

How to Properly Money-Launder 'Bad' Cash

Back in 2018....it came up in the banking news....ABLV, a Latvian bank....was noted for serious money-laundering.  This involved not only Russian money-laundering, but also cash for North Korea.

The US had a serious meeting with Latvian leaders and kinda hinted in a serious way.....they needed to correct some serious problems.

The odds that ABLV was the only Latvian bank doing this?  That's a curious question.

But that wasn't the only problem....Latvian was allowing shell companies to be staged and operated, without much control.  You'd just show up....file some paperwork, and 'X-to-X' would be created.  It might amount to be strictly a mailbox where 20-million a year would flow into, and out....seemingly on paper to be legit but mostly non-existent.

So after the money was cleaned in Latvia, it'd move onto Cyprus....where another company would be created....another mail-box scheme.  Here, you could show enormous losses or business deals being made (at least on paper), and then the money could flow cleanly back to the US.

Yeah....in a way, this would be a way that Hunter Biden might have moved cash around.  Some Ukrainians gave him money, which he shifted to Latvia....cleaning it.  Then he flipped the money to a fake shell company out of Cyprus, and then delivered it back to the US. 

So there's this curious part of the story....around back in the fall of 2018, Cyprus got all heated up and dumped 20,000 fake business accounts....to show they were 'serious'.  There is no evidence that Hunter Biden's fake account was in the 20,000.  Maybe he was never into using Cyprus banks, or that his account avoided the cleansing.  

Any of this reported to IRS?  No, but they might now be interested.

Just Three Odd Things I Noticed In The News

 1.  The CIA went out (early on in the Covid business) and hired 'experts' (people who weren't already working for the CIA)....to proclaim that Wuhan labs didn't trigger the outbreak of Covid. 

It's like they needed to protect someone or something.

I saw this yesterday and generally shake my head.  You'd almost have the opinion now that this was a 'plan' of some type to bring down the massive economy of China (which is obviously underway at this point).  

2.  The Air Force sent up a F-22 to shoot down another Chinese spy-balloon 'thing'.  Front-page news?  No.   You might have accidentally noted it.....maybe one American out of a thousand saw the story.

3.  Polls say three out of four Republicans now say 'ditch-McConnell'.  Odds of this happening?  Zero.  

Why No Democratic Governors Have A Chance Now For The Presidency

 You can go down the list of all current Democratic governors, and find that any of them who attempt a 'run'.....will have hundreds of videos made of the crappy condition of their states, from drugs and crime.....to extreme poverty.  

It's an odd position to be in....tons of effort to get to the governor's chair, and then nothing to show for four years of effort.