Category[Popular Information]

UPDATES: FTX’s dirty money [Judd Legum, Popular Information]

By Spencer Chen

In [Popular Information], Politics

December 15, 2022

199 views

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Former FTX CEO Sam Bankman-Fried was arrested in the Bahamas on Monday after being charged with multiple crimes by the Department of Justice and the SEC
The SEC alleges Bankman-Fried used misappropriated customer deposits to make large political donations
26 politicians and two PACs have pledged to donate or return money from FTX execs
Major recipients of FTX cash, including the House Majority PAC, Senate Leadership Fund, DNC, NRCC, and DCCC, have not responded to requests for comment

Click HERE for original. Published December 15, 2022

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Kavanaugh parties with the far right [Judd Legum, Popular Information]

By Spencer Chen

In [Popular Information], Politics

December 14, 2022

305 views

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Matt Schlapp is a far-right operative who is chairman of the American Conservative Union and runs the Conservative Political Action Committee events. He hosted a holiday party attended by Justice Brett Kavanaugh, Rep. Matt Gaetz, Stephen Miller, and other powerful people.
Stephen Miller runs America First Legal, which is involved in several cases currently pending before Kavanaugh and the other members of the Supreme Court.
The ACU has also been involved in several Supreme Court cases with Kavanaugh on the bench.
Chris Geidner detailed the Supreme Court cases that America First Legal is actively involved in.
Reverend Robert Schenck claims he was informed of the result of Hobby Lobby weeks in advance by a donor who dined with Justice Alito.
Senator Sheldon Whitehouse and Congressman Hank Johnson have introduced legislation that would require the Supreme Court to adopt a binding code of conduct.

Click HERE for original. Published December 14, 2022

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Walmart claims low prices require long prison terms [Judd Legum & Tesnim Zekeria, Popular Information]

By Spencer Chen

In [Popular Information], Politics

December 13, 2022

272 views

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Walmart CEO Doug McMillon claims that the retailer may have to raise prices or close stores due to insufficiently aggressive prosecution of retail theft.
Publicly available data contradicts McMillon’s claims, with the number of shoplifting offenses dropping 46 percent between 2019 and 2021.
Retailers have spent millions opposing changes to felony theft thresholds, but data shows that raising the threshold does not increase shoplifting.
Most shoplifters are not making a calculation about the potential legal consequences, and are instead driven by addiction.

Click HERE for original. Published December 13, 2022

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