Category: Uncategorized

The Institutional Pathology That Took Down James O’Keefe

From the outside, it seems crazy. James O’Keefe as head of Project Veritas took the organization to new heights of fame and achievement of its core mission. His cage match with a Pfizer director—which took incredible guts—made for some of the most remarkable real-life footage in years.

Alas, James has been pushed to resign as head of the organization. How is this possible? It seems utterly crazy.

Without knowing any of the details in the complaint against him, this episode has all the earmarks of a terrible institutional problem in nonprofits we’ve seen many times before. All it takes is a remarkable public-relations success, and a big infusion of funds, plus a weak, jealous, and confused board using disgruntled employees as shields for their misdeeds.

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Five Years In, Opportunity Zones Are Boosting Communities

When the Opportunity Zone tax incentive was signed into law under the Tax Cuts and Jobs Act of 2017, critics were quick to label it “just another tax cut for the rich.” But on the fifth anniversary of its passage, a different picture has emerged: instead of concentrating benefits on the rich, opportunity zones are attracting investments into low-income communities across the nation.

For the last five years, the Opportunity Zone tax incentive has uplifted communities and brought forth job opportunities, business growth, and economic expansion. While initially the subject of scrutiny, the result of Opportunity Zones has been one of empowerment for otherwise struggling communities and should receive a chance to continue.

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House GOP Locates Emails, Texts Showing Pelosi Office Directly Involved In Failed Jan. 6 Security

House Republicans gathered a trove of text and email messages showing House Speaker Nancy Pelosi’s office was directly involved in the creation and editing of the Capitol security plan that failed during the Jan. 6, 2021 riot and that security officials later declared they had been “denied again and again” the resources needed to protect one of the nation’s most important homes of democracy.

“Our report exposes the partisanship, incompetence and indifference that led to the disaster on January 6 and the leading role Speaker Pelosi and her office played in the security failure at the Capitol,” [Rep Jim Banks] said. “Unlike  the sham January 6th Committee, House Republicans produced a useful report that will keep Capitol and USCP officers safe with no subpoena power and no budget.”

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U.S. Venture Capital Raised Falls 30% in Q3

A third-quarter downturn in venture capital (VC) dollars raised in the United States, particularly in later-stage deals and from nontraditional investors like asset managers, is the first evidence of distress in the VC ecosystem. 

The inability to IPO is particularly problematic for unicorns, whose exit path has been the public market “as few corporations are able and willing to buy such highly valued targets.”

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Nolte: Studios Panic as Streaming Fails to Offset Cord Cutting – Yeah, Cuz Your Content Sucks

The far-left Hollywood Reporter thinks it’s doing journalism with this hilarious story about how all the major entertainment multinationals are freaking out over the fact that cord-cutting is accelerating, and streaming revenue is failing to make up for that shortfall.

About 3.5 million people are canceling their cable/satellite packages per year. That is a massive loss of revenue for entertainment outlets. Why? Well, as [John Nolte has] been explaining for 15 years now, merit has nothing to do with cable TV profits.

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After 40 Days of Silence President Jair Bolsonaro Tells The Brazilian People They Will Determine The Future, The Military Will Support The People

After an election fraught with corruption within Brazil, President Jair Bolsonaro was silent as tens of millions of people filled the streets in protest.  Brazilian President-elect Luiz Inacio Lula da Silva is in a tenuous position with the military looming and prepared for intervention.

Today, after remaining silent for 40 days, and with increased national sentiment in strong opposition to the election fraud that happened, Jair Bolsonaro spoke to a massive crowd telling them the military would follow the constitution and determine the outcome. The certification of the election is scheduled for Monday.

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El Salvador To Start Buying Bitcoin Every Day

The collapse of multiple projects and the market crash made investors dubious of pouring their funds into the crypto-verse. While speculations of Bitcoin being dead begun surfacing, a major Bitcoin bull did not lose hope. El Salvador shocked the entire globe by accommodating BTC as a legal tender. Despite the asset’s plummet below $16K, El Salvador was looking to expand its holdings.

In a recent tweet, El Salvador’s President Nayib Bukele announced that the government would start purchasing one BTC every day.

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Rasmussen: Voters Worry About Election Cheating, Don’t Trust Mail-In Voting

The latest Rasmussen Reports national telephone and online survey finds that 57% of Likely U.S. voters believe it is likely that the outcome of some elections this year will be affected by cheating, including 30% who say it’s Very Likely. Forty percent don’t think election outcomes this year are likely to be affected by cheating, including 18% who say it’s Not At All Likely.

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I'm Nate Houstman

I'm a blogger, podcaster, and web design and business consultant. Economic freedom is my mission, so I talk about money, entrepreneurship, and I expose the corruption in the financial system.

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