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Category Archives: Grifters

A sure bet

I wrote a few weeks ago about the church in New London that god chose to strike down. It was a former Congregational Church, but they sold the historic structure to the Engaging Heaven Ministries back in 2015 for $250,000.00. We learn today that the City of New London has put a $244,646.00 lien on […]

God sure works in mysterious ways

Here in the New London area lots of people are wondering why God chose to demolish a beautiful stone church that has graced downtown New London since the middle of the nineteenth century rather than, say, a den of iniquity somewhere. But, as they say, he works in mysterious ways. The incident in New London […]

Grifters Gotta Grift

Couldn’t resist passing this along. It truly is the case than on multiple levels the Republican Party is just a massive grift. After all, the business plan is to get Fox-addled minds to cast votes against their best interest so the Republicans can deliver for their real constituency, the selfish rich, by sucking money from […]

One born every minute, or should that be “every second”

I have to admit that I can’t help but think that the folks who fall for this sort of stuff deserve what they get: While running Money Magnet Platinum Membership Initiative LLC, [Lakenya] Hopkins promised astronomical — and unrealistic — rates of returns on investments…. Hopkins claimed to investors she would get them \(8,000 in […]

A scam by any other name

I’m fairly computer literate. When I got my first computer, a TI-99, I spent quite a few hours learning to program, and eventually, when I graduated to a PC, wrote programs I used at the office to actually do useful things, like auto dial my phone from an address book I wrote. But I confess […]

Ponzi, updated

I admit that I have never been able to understand cryptocurrency. The idea that one can create value by wasting electricity and/or solving mathematical problems that no one cares about escapes me. Even an NFT is at least a sort of a thing, which one gets in exchange for one’s money, though I find it […]

Just wondering

By no means am I trying to defend Melania Trump, who is a truly loathsome individual, but I often wonder just how much personal involvement she has in the various recent scams to which her name has been attached. There was the NFT scam from a few weeks ago, and now there’s yet another Trump […]

Is he a grifter, or is he crazy?

We learn at Crooks & Liars that Mike Lindell is mad at the Nazis at Fox (his characterization) for not covering his latest fever dream: Mike Lindell went on Steve Bannon’s podcast to piss and moan because the media, not even Faux News, is covering the lawsuit he wants to take to SCOTUS on the […]

21st Century grifting

A few days ago I reported on a book I was (and still am) reading about the building of the intercontinental railroads in the Gilded Age. For the most part the tycoons who “built” the railroads were actually involved in financial manipulation through which they diverted money, often borrowed from the government, through the railroad, […]

Fools and their money

Back in the olden days of this blog, I wrote about a fairly new financial vehicle called *credit default swaps”, which I pointed out posed a substantial risk to the economy. You can read three salient posts, here, here, and here. Based on the relevant Wikipedia article, I conclude that credit default swaps are still […]