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Author Topic: FEC Records Indicate Hillary Campaign Illegally Laundered $84 Million  (Read 24 times)
Hydrogen
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April 26, 2018, 12:20:48 AM
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Source: http://thefederalist.com/2018/04/24/bombshell-fec-records-indicate-hillary-campaign-illegally-laundered-84-million/

Normally, I would copy and paste the entire article but in this case I'll pass as the piece is very long and covers topics some might view as representing grey areas. Just know that Hillary's 2016 presidential campaign and the DNC are accused of laundering money ($84 million to be exact) and there could be evidence they are guilty.

These accusations could be contrasted with the amount of money laundering concern bitcoin and crypto currencies receive, even though there is no evidence bitcoin has been used to launder $100,000 much less $84 million. It might also be contrasted with how regulation, economic or otherwise, doesn't eliminate corruption or scams, contrary to the view propagated by media sources. If these accusations turn out to be true, it could mean regulators turned a blind eye to events they knew were illegal anticipating Hillary would win the election.

Hillary Clinton, James Comey, Loretta Lynch and others are being investigated:

https://www.dailywire.com/news/29587/breaking-congress-calls-criminal-investigation-ryan-saavedra

Not certain if the implications will have an effect on the stock market. But if justice is done here it could translate to greater confidence in the government and elected representatives to get things done, which could translate to greater confidence in regulation and economic policies. Anyways thought this was interesting and decided to share.

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jseverson
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April 26, 2018, 03:34:24 PM
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It might also be contrasted with how regulation, economic or otherwise, doesn't eliminate corruption or scams, contrary to the view propagated by media sources. If these accusations turn out to be true, it could mean regulators turned a blind eye to events they knew were illegal anticipating Hillary would win the election.

Well first, corruption and scams could be considered somewhat similar, but they exist on two completely different planes. This issue has nothing at all to do with regulations or their efficacy against scams in my opinion -- corruption aims to outright circumvent regulations through abuse of power after all.

Second, do media sources ever claim that regulation eliminates anything? We have laws against corruption and against fraud, but does anyone really ever believe, for one second, that they eliminate them? I would have to go with no, but, they help. This particular case would be a non-issue if there were no regulations against money laundering (or corruption) in place, for one.

Third, I feel like the first article you shared is too one-sided:

"A provision of federal campaign finance law requires that any Commission action on an enforcement matter be kept strictly confidential until the case is resolved," an FEC statement to Fox News states. "To comply with this legal commitment and to protect the interests of those involved, we have a policy of not commenting on matters that are before the agency."

If there's an open investigation, I don't think that counts as turning a blind eye.

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