Where Are The Answers to Sema4 And Ned Lamont? Connecticut Taxpayers Would Like To Know

 Connecticut state government is a complex instrument that spends enormous amounts of Connecticut Taxpayers monies especially for a state as small as Connecticut.  An average citizen has a difficult time trying to see and understand how and where their monies get spent by our government.  To me, it is meant to be complex and confusing on purpose so that average citizens can not question government officials especially when transactions look suspicious and deceptive.  An example is the continuing saga of Sema4, Mount Sinai Genomics and their ties to Ned Lamont's family hedge fund, no bid state contracts for Covid-19 testing, no-bid Genomics testing and a $15 million dollar 2% interest only sweetheart loan made to them by the Connecticut Department of Economic and Community Development.  My good friend Tony De Angelo on his weekly segment on the Lee Elci radio show on 94.9 WJJF New London, CT has been talking about these payments for over two years now and I have written about them on several occasions. 

With respect to the above, known to just a few is a Third Amendment to a state support agreement signed on April 14, 2021, between the State, the Connecticut Department of Economic and Community Development and Mount Sinai Genomics/Sema 4 amending the original support agreement made between these parties back in 2018.  In the 2018 original agreement, Mount Sinai Genomics guaranteed payment of $9.5 million of the $15,000,000 state funded loan to Sema4.  However, this Third Amendment releases Mount Sinai Genomics from the loan and its payment, leaving faltering Sema4 to pay its own debts, and if that does not work, the loan then becomes a casualty to taxpayers.  In case you have not been following in the news Sema4 is shutting down all operations in Connecticut, laying 250 employees off and moving now to Maryland in a huge "pump and dump" disappearing act well-known to Connecticut Taxpayers  What becomes even more hard to understand for common citizens is the relationship of Mount Sinai Genomics/Sema4 to Ned Lamont's family hedge fund, their investments in the company and profits they have earned.  And an even more troubling question is what is being done from the forced Genomics testing that they did on Connecticut citizens: why do they own this data, for what purpose and at what profit to the company?  But for Tony De Angelo wrestling these documents from the Connecticut Department of Health, no citizen would ever know this despicable practice had even occurred.

Is this a conflict of interest for Ned Lamont's family hedge fund, Mount Sinai Genomics/Sema4, the Connecticut Department of Economic and Community Development that a Governor in office can allow this type of agreement to be in effect and apparently loans can be forgiven while profits are made all during a "crisis" that still seems to be in effect in the state two years later?  Is this a conflict of interest for Ned Lamont's family hedge fund, Mount Sinai Genomics/Sema4, the Connecticut Department of Economic and Community Development that a Governor in office can allow Sema4 to shut down and move out of the state, and in essence default legally on its loan?  Is this a conflict of interest for Ned Lamont's family hedge fund, Mount Sinai Genomics/Sema4, the Connecticut Department of Economic and Community Development that a Governor in office can allow all of these agreements to be shrouded in secrecy and only be extricated by legal pressure?  

For two years the Ned Lamont and Connecticut Democrat Party Covid-19 crisis and debacle continues.  Apparently many questions go unanswered daily on this issue and many others that cost Connecticut Taxpayers millions upon millions of dollars.  Connecticut still has $150 billion dollars in short and long term debt and unfunded liabilities.  It is an economically bereft state with high taxes, poor infrastructure, economically incoherent state union labor agreements, high crime, theft and murders, rampant illegal drug trafficking and drug abuse, and a lack of ethics spewing out of its Governor's office.  This issue needs to be resolved and Connecticut Taxpayers need an answer now.  All state no bid Covid-19 contracts between Ned Lamont's family hedge fund companies and the state need to be reviewed and made public.  What is happening is an excellent example of how our state government has failed its citizens.  It can not be made to look like it is ethical because it is not and never was.  Connecticut taxpayers have been lied to since Ned Lamont took office.  Where are the answers?  Many want to know. 

And it is 1776 all over again.