When I was a child, my grandfather would sometimes solemnly intone at the dinner table: "The purpose of socialism is to organize scarcity."
As a kid it sort-of didn't register in my brain as meaning anything beyond "socialism bad", but eventually when I was 12 or something, I did ask what he meant by those specific words.
And he said: socialists establish control of valuable resources and then create an artificial scarcity of these resources, so that they can then use them as a tool of control by deciding who gets and doesn't get those resources.
And I thought that was wrong. I mean, are socialists misguided? Sure. But to claim that they deliberately create scarcity as a means of political control? That seemed far-fetched.
But, of course, he was entirely correct.
🚨 BREAKING: DOJ opens grand jury investigation into Marxist tycoon Neville Roy Singham and alleged money laundering or other financial crimes from his base in China to funding far-left nonprofits in the U.S. and the world
WATCH how the money flows.
READ our @FoxNews Digital exclusive: https://t.co/EuXm7HOe76
What I've learned from people familiar with the investigation:
🚨 U.S. Attorney Jay Clayton for the Southern District of New York, one of the country's most powerful districts for federal prosecutions, has launched a federal grand jury investigation into American Marxist tycoon Neville Roy Singham's financial network, examining potential financial crimes including wire fraud, bank fraud and money laundering from his base in Shanghai, where he funds groups supporting the Chinese Communist Party.
🚨 Acting U.S. Attorney General Todd Blanche authorized the investigation as the Trump administration seeks to crack down on fraud, money laundering and other financial crimes in the multibillion-dollar nonprofit industry.
🚨 Treasury Secretary Scott Bessent traveled to New York City earlier this year for a meeting with Goldman Sachs Chairman and CEO David Solomon. The men discussed the role of a Goldman Sachs philanthropic arm — GS Donor Advised Philanthropy Fund For Wealth Management Inc. — that facilitated the movement by Singham of millions of dollars into a network of U.S. nonprofits. At that meeting, sources said, Bessent delivered a blunt ultimatum: Goldman Sachs could face scrutiny for alleged conspiracy in the funneling of the Singham money and urged Solomon to cooperate with federal investigators. Goldman Sachs is cooperating with the investigation.
🚨 Federal prosecutors are examining a financial structure that follows the three stages investigators often analyze in alleged money laundering: placement, layering and integration. Treasury, DOJ and Goldman Sachs declined to comment. Singham, his wife Jodie Evans -- also under investigation -- and the organizations in the Singham network didn't respond to numerous requests for comment.
STEP 1: ALLEGED PLACEMENT
According to the reporting, approximately $278 million entered the U.S. financial system through three entities:
🔴 Mutod LLC — $164,040,000
���� GS Donor Advised Philanthropy Fund for Wealth Management Inc. (Goldman Sachs) — $110,376,701
🔴 Likewise Conceptions LLC — $3,500,000
STEP 2: ALLEGED LAYERING
Those funds were then allegedly routed through six nonprofit organizations:
🔴 $167,540,000 to People's Support Foundation Ltd., a 501(c)(3) nonprofit established with a hotel address in 2017 in Chicago and Singham's wife, Evans, on the board.
🔴 $68,748,701 to Justice and Education Fund Inc., a 501(c)(3) established with a UPS Store address in 2018 in New York City with self-avowed communists, including Manola De Los Santos, on the board.
🔴 $22,440,000 to People's Forum Inc., a 501(c)(3) established in 2017 on W. 37th Street in New York City with Evans and De Los Santos on the board.
🔴 $16,760,000 to Tricontinental Ltd., a 501(c)(3) established in North Hampton, Mass., in 2017 by Singham friend and fellow Marxist ideologue Vijay Prashad.
🔴 $1,330,000 to CodePink Women For Peace, a 501(c)(3) established in 2009 in Marina Del Ray, Calif., by Singham's wife, Evans, and her friend, Susan Medea Benjamin.
🔴 $1,098,000 to Breakthrough BT Media Inc., a 501(c)(3) established in New York City in 2020 at the People's Forum headquarters with longtime American communist leader Brian Becker's son, Ben Becker, as editor-in-chief of its pro-communist propaganda outlet, Breakthrough News.
STEP 3: ALLEGED INTEGRATION
According to the reporting, those organizations then distributed funding and support into a broader activist network that included:
🔴 People's Welfare Association
🔴 ANSWER Coalition
🔴 Party for Socialism and Liberation
🔴 Numerous organizations operating across Sub-Saharan Africa, Central America, North America and other regions.
Federal prosecutors have issued grand jury subpoenas seeking bank records and financial documents as they determine whether criminal charges are warranted.
A grand jury investigation is an investigative process, not a finding of guilt.
For this reporting, I traced hundreds of financial transactions, nonprofit filings and corporate records documenting how money allegedly moved through this network. WATCH the money flow.
🧵
America’s ruling class has performed another miracle.
They took the most basic truths in human civilization ... crime needs punishment, borders need enforcement, schools should teach, welfare should be temporary, families matter, merit matters, and taxpayers should not be looted by professional parasites ... and somehow rebranded all of that as “extremism.”
Incredible work, really.
Apparently, a “compassionate” society is one where the violent repeat offender gets another chance, the victim gets a candlelight vigil, the taxpayer gets the bill, the schoolkid gets passed along illiterate, the fraudster gets a grant, the NGO gets another contract, the illegal alien gets services, and the working American gets told to shut up and be more inclusive.
What a beautiful system.
Soft justice did not stay in the courtroom. It metastasized. It became soft borders, soft schools, soft parenting, soft welfare, soft standards, soft men, and soft bureaucrats explaining why every obvious solution is “too harsh.”
Lock up predators? Cruel.
Deport illegals? Hateful.
End generational welfare? Lacking empathy.
Punish fraud? Complicated.
Restore merit? Problematic.
Teach kids to read? Probably colonialism by Tuesday.
A serious country protects the innocent from the guilty. A decaying country protects the guilty from consequences and makes the innocent finance the experiment.
That’s America’s real crisis.
Not poverty. Not “root causes.” Not another fake expert panel.
Consequences.
We stopped imposing them on the people destroying the country, so now the country imposes them on everyone else.
(article below)
They're not freezing your rent, they're freezing your housing providers' income, while their expenses keep increasing.
The point isn't to make your housing affordable, it's to make providing housing financially inviable, so government(s) can seize the unmanageable properties.
Our lack of financial literacy is going to destroy us.
https://t.co/Eix9fVp1BK
"we couldn't do anything useful for citizens in my 14 years of office allocating 60 trillion USD. but if we can just steal from the rocket science electric car guy, then we can solve all your problems."
Since 1970, public school student enrollment grew just 8%.
Total education staff exploded 84% with non-teaching staff up 138% (!!!!!)
The massive growth in education spending was swallowed by bureaucracy.
Not more kids, not better classrooms.
@BernieSanders Elon Musk creates 4400 millionaires to include hundreds of working-class people in one IPO.
Bernie has created 1 millionaire. Himself.
Stop listening to socialists. They don't know how to create wealth, only how to steal it.
Things that triggered the left this week:
- a clean reflecting pool
- a name on a building
- a murderer getting convicted of murder
- a sporting event at the White House
- a successful IPO
- welders and janitors becoming millionaires
Je vais partir du principe que tu es de bonne foi, parce que ton raisonnement est intuitif et que 90% des gens le partagent. Mais il repose sur trois erreurs factuelles, et ça vaut le coup de les regarder calmement.
Erreur 1 : la fortune d'Elon n'est pas un tas d'argent. C'est de la propriété d'usines, de fusées et de satellites. "Prendre la moitié de sa tune", concrètement, ça veut dire forcer la vente de la moitié de SpaceX et Tesla. L'argent ne sort pas d'un coffre, il sort des entreprises elles-mêmes, qui passent sous contrôle de fonds étrangers ou d'États. Tu ne redistribues pas du cash, tu démantèles un outil de production. C'est la différence entre récolter des pommes et découper le pommier.
Erreur 2 : "ça résout énormément de problèmes dans le monde". Cette expérience a déjà été tentée, en vrai. En 2021, le directeur du Programme Alimentaire Mondial de l'ONU a affirmé que 6 milliards de Musk pouvaient "résoudre la faim dans le monde". Réponse d'Elon : décrivez-moi exactement comment, comptabilité publique à l'appui, et je vends mes actions Tesla immédiatement. Le PAM a publié son plan. Verdict : ce n'était pas "résoudre la faim", c'était nourrir 42 millions de personnes pendant un an. Un an. Puis il faut re-payer, pour toujours. Le PAM avait d'ailleurs levé 8,4 milliards l'année précédente, et la faim était toujours là. Les ONG traitent les symptômes en boucle, jamais les causes, parce que leur financement dépend de l'existence du problème.
Erreur 3, la plus importante : tu cherches ce qui sort vraiment les gens de la pauvreté. Bonne nouvelle, on a la réponse, et elle est massive. En 1990, 36% de l'humanité vivait dans l'extrême pauvreté. Aujourd'hui, moins de 9%. Plus d'un milliard de personnes sorties de la misère en 30 ans. Par quoi ? Pas par la charité ni par l'aide internationale (plus de 1 000 milliards versés à l'Afrique en 60 ans pour un résultat à peu près nul). Par l'ouverture des marchés, l'industrialisation, le commerce. La Chine seule a sorti 800 millions de personnes de la pauvreté en abandonnant le collectivisme, pas en taxant ses entrepreneurs.
Donc fais le calcul complet. Option A : tu confisques 500 milliards, tu finances quelques années de programmes, l'argent est consommé, et tu as détruit la machine qui produisait les fusées, les voitures électriques et l'internet des zones rurales. Option B : tu laisses le meilleur allocateur de capital de sa génération réinvestir 100% de sa fortune dans des industries qui baissent les coûts pour tout le monde et emploient des centaines de milliers de personnes. L'option A soulage ta morale pendant 18 mois. L'option B sort des populations entières de la pauvreté pour toujours.
La pauvreté ne se redistribue pas. Elle se résout par la création. C'est contre-intuitif, c'est frustrant, mais c'est ce que disent 200 ans de données.
History's first trillionaire is a guy who catches rockets out of the sky with chopsticks and beams internet to every dead zone on the planet.
Same guy ships cars that drive themselves, humanoid robots for the factory floor, brain chips that let paralyzed people move a cursor with pure thought, and an AI running on a supercomputer his team stood up in months instead of years.
And the people crashing out about his net worth are doing it on the app he owns. The same app governments spent years trying to censor.
You cannot legislate a rocket into orbit.
“We found 146,000 kids so far. Some of these kids claimed that they were raped over 600 times. I don't care who you are. If you can't stand for law enforcement to go find these kids, who are you?” @SecMullinDHS
Regular reminder that leftists don't have empathy, they only have pseudo-empathy which they exercise on distant targets who don't exist for them as people, only as blank canvas on which to project narcissistic power fantasies, and as tools to hurt those they don't like. To think through "Why would a devout Muslim woman be in a lesbian couple with another woman and have a baby with her?" would be to think of the people involved as actual humans, which they're incapable of.
If Republicans repealed the automatic deduction for federal taxes and required each taxpayer to ACH or Venmo the IRS their taxes once a quarter, it would profoundly reshape politics in this country overnight.
Socialism would be dead. Fraud and waste ended within a decade.
Milton Friedman's greatest regret.
The federal government discovered the perfect crime in 1943: make employers collect taxes before workers ever see their paychecks. You think you earn $60,000 per year, but you actually earn $75,000 and hand over $15,000 to politicians without ever touching it. The psychological difference is enormous.
Before payroll withholding, Americans wrote quarterly checks directly to the Treasury. Picture yourself sitting at your kitchen table, writing a $3,750 check to the IRS every three months. The pain was immediate and visceral. Politicians faced constant pressure to justify every dollar because citizens felt the extraction in real time.
Withholding transforms this concrete loss into an abstract accounting entry. Your employer becomes an unpaid tax collector, and you never experience the actual cost of government. Worse, most people celebrate their tax refunds as government generosity rather than recognizing them as interest-free loans they provided to politicians. The Treasury collects your money throughout the year, spends it immediately, then returns your own cash and receives gratitude.
This system enables the explosion in government spending you witness today. Defense contractors billing $640 for toilet seats, agricultural subsidies for corn syrup, and congressional salaries for 535 people who rarely show up to work. When taxation feels painless, voters stop demanding accountability for how their money gets spent.
Milton Friedman helped design withholding as a wartime emergency measure and later called it his greatest regret. Free market economists recognized that the psychological pain of direct taxation creates political pressure for fiscal restraint. The temporary always becomes permanent in government hands, and the emergency justification disappears while the extraction mechanism remains forever.
There is much to learn about Progressives from their outrage over monuments that have been fixed, cleaned, sometimes improved, and restored for public benefit.
Go read about “the Curley effect” and you will completely understand every decision being made by Democrat mayors and governors.
https://t.co/CmvK1hGZN2
🚨 California Passed "The Stop Nick Shirley Act":
This week the California Assembly passed AB 2624. This bill will criminalize investigative journalism involving the immigrant population. It would have made it illegal to expose the Somali "Learing" center if it were in California or the Armenian hospice fraud in LA if they claimed "reasonable fear."
The bill protects "immigration support services providers," which means services provided to immigrants, including health care. It has been proven that millions, potentially billions, of dollars in fraud has taken place in "immigrant support services” which includes nonprofits and NGOs the state funds.
California is trying to make it harder to expose fraud and scare individuals from investigating it as they could be forced and sued to remove the video, forced to pay attorney fees, and ordered to pay a minimum of $4,000 in damages.
This bill was created by Mia Bonta (the attorney general's wife). She has made 4 separate versions of this bill because each version violates the 1st Amendment and is extremely unconstitutional.
Plain and simple, California politicians need the fraud to continue because they depend on the fraud to push their agendas. END ALL THE FRAUD.