And now, the corruption.
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We talked before about Kristi Noem’s ad campaign that seemed designed to boost her name recognition.
Now it turns out the $200MM campaign was awarded to a business founded eight days earlier by her friend in a no bid contract.
https://thehill.com/homenews/senate/5764784-kristi-noem-kennedy-ad-campaign/amp/
said in And now, the corruption.:
Now it turns out the $200MM campaign was awarded to a business founded eight days earlier by her friend in a no bid contract.
It turns out that, of the $220 million in taxpayer funds she spent promoting herself, only $143MM went to her friend’s week-old business.
My bad.
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I'm sure we can trust that nobody on the Iranian side of the insiders with information might have capitalized on it.
It also bears mentioning that nobody ever calibrates these "huge trades" against what happens on other days. Maybe they're as uncommon as is implied. Maybe not.
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Iran and members of its government are sanctioned pretty heavily. They wouldn’t have NYMEX accounts with hundreds of millions of dollars in credit.
A big investment bank can do a billion notional in oil markets but they’d split it up into a bunch of trades so as not to move the market. They wouldn’t be working on a 90m shot clock at 3:40am.
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Obviously they wouldn't have to do it directly. Presumably you don't think that Trump or someone in his family is directly behind that trade. And I'm not going to take your word for it that these trades are all but unheard of except right before Trump makes a big announcement. Maybe they are, but I won't be taking your word for it.
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