Tuesday, December 27, 2022

Digital PEU Congressman Elect is Fake

Representative elect George Santos (Red Team-NY) admitted his bio was largely fraudulent.  The Red Team knew this as well, yet promoted Santos lies.

Senior House Republicans were apparently aware of the inaccuracies and embellishments in the Rep.-elect’s resume, and the topic became a “running joke,” multiple insiders close to House GOP leadership told The Post over the weekend.

“As far as questions about George in general, that was always something that was brought up whenever we talked about this race,” said one senior GOP leadership aide. “It was a running joke at a certain point. This is the second time he’s run and these issues we assumed would be worked out by the voters.

The National Republican Congressional Committee altered Santos bio in the last 24 hours.  

Santos claims to be a digital PEU.  That has not yet been debunked.

Private equity underwriters (PEU) started by hiring former elected officials and public servants for government tea leaf reading and non-lobbying influence re: laws and regulations.  That shifted to the PEU boys running for office and often times winning.  

What does it mean that a political party would fraudulently promote a PEU candidate for Congress?  The ceaseless pursuit of power and greed has no morals. Rather than do the honorable thing Santos blamed the elite media for his fraudulent representations.

Santos is accountable but the elite group he wished to please was not the media.  It was the group he wished to join.  Politicians Red and Blue love PEU and increasingly, more are one.  

Update 12-28-22:  In an interview with Fox News Tulsi Gabbert Santos said:

"I can sit down and explain to you what you can do in private equity, in capital venture, in servicing limited and general partners.  We can have this discussion that's going to go way above the American people's head."

Santos said he didn't lie because he is a real greed and leverage boy.  Private equity's public perception has not improved over the last several decades.  That's because many Americans experienced the trauma of their employer coming under PEU ownership.  

Santos is a howler monkey throwing out lies like feces.  Wrapping himself in PEU skunk skin for credibility just stinks up our government even more.  

Politicians Red and Blue love PEU and increasingly, more are one.

Update 12-29-22:  The Daily Beast reported:

Santos, who in 2020 reported holding no assets and a salary of $55,000 from a vice president position at a financial company called LinkBridge, appears to have suddenly come into substantial wealth, claiming a net worth of as much as $11.5 million on his 2022 financial disclosure. Almost all of it came through the newly formed Devolder Organization, which the 34-year-old says paid him between $1 million and $5 million in dividends along with another $750,000 in salary.

That money, it turns out, came from some wealthy sources who also had financial stakes in Santos’ political bid.

The Daily Beast has confirmed four Devolder Organization clients: the New York-based Tantillo Auto Group, two organizations tied to the influential Ruiz family in south Florida, and another firm associated with Long Island insurance magnate James C. Metzger. Santos acknowledged all four of these clients on Wednesday.

Update 12-30-22:  DailyNews suggests Santos needs a good lawyer on speed dial:

Santos appears to have swiftly built personal wealth despite a history of debt and financial troubles.

 Senior House Republicans remain silent on their running joke.

Update 1-1-23:  Rep. Kevin Brady (Red Team- TX) said:

Santos could be forgiven by the GOP for owning up to the false statements and that it wasn’t up to the party to punish Santos.

The party is complicit in perpetrating the fraud.  It's up to the Red Team to admit their creation and sponsorship of a political fraud. 

Update 1-2-23:  The fraud is going to Congress.  

Update 1-4-23:  Politico reported last week:

....it’s been crickets. The NYT and CNN this week reached out to leadership offices and the NRCC for comment. There were no responses.

Santos had a lonely day in a crowded House chamber yesterday. 

His new office was once occupied by N.Y. Rep. Chris Collins who was convicted of insider trading in early 2020.   A Trump pardon got Collins out of jail.  A House staffer called the situation like "being in a cartoon."

Update 1-5-23:  Even Santos housing picture is unclear.  Is the new Congressman elect a millionaire or a deadbeat renter?  I hope he actually lives in his House District. 

New York Rep-elect George Santos reportedly does not appear to have an office or staff in his district.

Update 1-8-23:  Rep. Nancy Mace (Red Team- South Carolina) said on Face the Nation:

“It’s very clear his entire resume and life was manufactured until a couple days ago, when he finally changed his website.”

His website?  It was the NRCC website that changed between 12-26 and 12-27-22.  Mace is a Vice Chair for the NRCC.  She had an official role in pushing Santos as a credible candidate.

Update 1-12-23:  Rep. George Santos may not be a real PEU after all.   Ethically he smells horribly but he may just be PEU wannabee.  He did make it into the realm where connected people push copious amounts of cash around to one another.

Update 1-14-22:  Video shows George Santos introducing himself as Anthony Devolder in 2019. Santos is reflective of societal ills.  One columnist attributed his rise to a lack of local investigative reporting.  Another said:

(Santos) lies are the product of a political system that incentivizes dishonesty, punishes sincerity and is rife with opportunities for petty crooks. In that sense, Santos is the politician that we deserve.

I would offer Santos is there to serve the PEU class.  Politicians Red and Blue love PEU and increasingly, more are one.  Fraudster Santos is there to save PEU preferred "carried interest" taxation, get a regulatory format in place for crypto and steer Uncle Sam's wallet to the greed and leverage boys, as well as his personal pocketbook.