Maxwell Frost, A Puppet Of Crypto-Billionaire Sam Bankman-Fried
Kyrsten Sinema was still a state legislator when I noticed there was something seriously wrong with her. I was relieved when she quit a board we were both serving on, though less than thrilled that she decided to run for Congress. She asked for a Blue America endorsement and was angry when I told her I would have to vet her. She hung up on me. I asked her colleagues in the state Senate what they thought of her as a legislator. Everyone said the same thing: crazy, self-serving, phony… not progressive. We didn’t endorse her. Six months into her first term, I warned DWT readers that she was the worst Democratic freshman in Congress. And it was all downhill from there. She joined the New Dems, then the Blue Dogs and then took over the Blue Dogs. She ran up and maintained the single worst voting record of any Democrat in Congress. And then Schumer picked her to run for the Senate and cleared the field for her and made sure she would have the money to win.
It was a lonely position to warn Democrats that they were supporting a gigantic pile of shit and would feel sorry. Today even the most establishment of Democrats agree with my assessment. You don’t get much more establishment than investment banker Steven Rattner, currently Michael Bloomberg’s money manager, but previously “car czar” reporting to Treasury Secretary Tim Geithner and Larry Summers, head of the National Economic Council. Friday, in an OpEd for the NY Times, he wrote that Sinema helped block an increase in the minimum wage in 2017 and this year made sure there would be “No increase in the egregiously low corporate income tax rate. No reversal in overly generous deductions for businesses. No rise in income tax or capital gains rates paid by the wealthy. Wealthy individuals escaped essentially unaffected by the new legislation. Sinema even objected to closing the indefensible carried interest loophole, through which many private equity executives and some hedge fund managers pay only a 23.8 percent tax rate on gains achieved on their share of investors’ capital… It was a missed opportunity of extraordinary scale.”
My thanks for warning Democrats about Sinema was disdain and abuse. I was used to it by then. When I first got involved with online activism, I warned my fellow bloggers and activists about Rahm Emanuel. My fellow bloggers and activists denounced me as a GOP infiltrator and many shunned me. Same response when I started warning about then DSCC chair and Wall Street sock puppet Chuck Schumer, who I remembered as a dick in high school. And then when I exposed Debbie Wasserman Schultz as a self-serving criminal type, people stopped talking to me and some of them still don’t want anything to do with me over that. Even in Bernie world, people were furious when I warned them that Tulsi Gabbard is a fascist and a vicious homophobe and Islamophobe, not a trustworthy ally. Oh, man! Did that not go down well on the left!
I’m saving the Mark Pocan story for my memoire, so you’ll just have to wait for that one (since it includes an NDA). But if there’s a know-nothing consensus around a fraud like Maxwell Frost now, I’m not in the least bit concerned. I know exactly what a phony Frost is and can see that he couldn’t even wait to get elected before jumping head first into the congressional bribery cycle— in his case from crypto-billionaire Sam Bankman-Fried. You think Bankman-Fried has been spending hundreds of thousands of dollars-- closing in on a million this weekend-- because he believes Frost will stop the next pandemic? Give me a break! Bankman-Fried spends money to buy malleable puppets and few have proven as malleable and eager to be a puppet as fast as Frost, who blithely admits he's already started a crypto advisory board.
Tuesday is a chance to re-elect one of the most consequential members of Congress in the last couple of decades, Alan Grayson… or, if you live in Orlando, you can help elect a 25 year old fraud, already on the take and who has all the worst traits of Kyrsten Sinema, Tulsi Gabbard, Rahm Emanuel, Andrew Yang, Mark Pocan and Debbie Wasserman Schultz… all rolled into one.
