re: Biden Admin wanted to control AI with government regulatory capture - Marc Andreessen

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Debanked Tech CEOs?

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Also relevant...since Adreessen is railing against the CFPB

Synapse the recently failed fintech that misled users that they were FDIC insured so badly they are now changing the rules.

Synapse was backed and funded by none other than a16z (Adreessen Horrowitz), including its crypto app Juno

All of which as well documented in the news spectacularly failed and they have no idea where users money went.

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Juno offers an “on-ramp” to more than 20 blockchains and associated cryptocurrencies alongside a traditional “fiat” bank account that was provided by Evolve Bank & Trust via Juno’s relationship with Synapse. The former employee described Juno as a “preferred haven for Nigerian scammers,” who used the accounts to carry out scams that “varied but spanned the entire scammer world” — “[d]rop accounts (money mules), business email compromise scams, tax scams, romance scams (often the money mules), payroll intercept scams, Zelle, all of it.”

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Records of Juno accounts released as part of the recent Russia-linked hack of Evolve reveal obvious signs of higher-risk accounts and likely compliance failures, including 70 accounts that list 1390 Market Street in San Francisco — Juno’s US office — as their physical address. Of the 70 accounts, only eight have an SSN/ITIN identifier, with two of those eight being obviously fake.

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The financial crime issues with Juno were so severe and persistent that, for an extended period, Synapse held weekly tri-party meetings with Evolve and the company to attempt to address the situation, according to the former Synapse employee.

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a16z-Backed Mercury Pressured Evolve To Approve, “Whitelist” Higher-Risk Accounts, Former Staffers Say

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A former Synapse staffer describes a culture of bending the rules, if not outright breaking them, to keep Mercury, Synapse’s largest customer, happy.

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Synapse Source

Synapse and its partners a16z says it does not have the money necessary to do the investigation necessary to find said money

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But the result is that Synapse is now close to being forced to liquidate entirely under Chapter 7 and a lot of other fintechs and their customers are paying the price for Synapse’s demise.

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Buddy. No. In the history? You have lost us here.

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I gave you the source, give me one on pharma?

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$15,050,086 Total from Pharmaceuticals/Health Products PACs to candidates, 2023-2024

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Open Secrets Pharma Contributions to PACS election cycle

Politco Pharma Lobbying is up in 2024 compared to previous election cycles

Lets Compare to Crypto this cycle

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Its influence campaign dwarfed traditional corporate donors like Koch Industries, recently renamed Koch Inc., and Chevron Corp. It now ranks second only to the fossil fuel industry in total money deployed since the landmark 2010 Supreme Court decision that lifted limits on companies’ political spending,

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Same as Previous Bloomberg Source

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Crypto corporations are by far the dominant corporate political spenders in 2024 as nearly half (44%) of all corporate money contributed during this year’s elections ($274 million so far) came from crypto backers.

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Fairshake’s corporate backing is unprecedented. Though unlimited corporate contributions have been enabled since 2010 by Citizens United, this newcomer is already second only to the super PAC dedicated to electing Republicans to the U.S. Senate in terms of corporate money received.

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With the crypto companies shattering the norm of corporate reticence to make large-scale contributions to affect election outcomes, there’s a grave danger that other corporations will follow suit.

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Public Citizen campaign donors source

Democrats are evil and want to control everything

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you managed to argue off the point, create a strawman, and wildly over simply all in one post. impressive!

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I'd say you did the exact same thing with your question.

Thank you