Money is made in Connecticut. Especially if you are His Royal-Con-Man King Ned Lamont the Unaccountable, and his wife Annie Lamont. Especially when you know you will never be questioned nor investigated by the Legislature nor from your state-supported “journalists” about what you have done, how your profits were made, how much of Connecticut Taxpayers monies have been invested in companies you own, and as to why your income tax statements are forever hidden from Connecticut Taxpayers. You take comfort in the fact that there are still no state media questions to your issues and involvements with Sema-4, Digital Currency Group, and its affiliates, ADVANCECT, 4-CT, Boston Consulting Group, Digital Currency Group, UNITE US, Mt. Sinai Genomics, “The Horsebarn Hill Investment Fund”, McKinsey and the Lamont-based Cayman Islands shell companies. Ned and Annie Lamont need not be transparent to Connecticut as they own Connecticut, and they are continually held to be unaccountable by all for whatsoever they may do.
Con artists and grifters are continually in search of new marks. The new mark and obvious profit-making machine are Annie Lamont and her new “Tidal River Fund”. The Tidal River Fund is yet another new state-driven startup for women and minorities for financing “early-stage startups of businesses”. How and why this fund/program is any different than the myriad of State of Connecticut programs for women and minorities no one can explain. However, the branding on the Tidal River Fund is that Annie Lamont founded it along with former Democrat Governor Dan Malloy's niece Alison Malloy, who just happens to be also the managing director of the state’s questionable secretive venture capital arm, “Connecticut Innovations”. The spin on Tidal River is also that there are 21 (twenty-one) first time investors who have invested $25,000 in the fund. It is important to note that there has already been a $100,000 investment by another cloistered state entity named “CTNext” to this fund. Both Connecticut Innovations and CTNext are supposedly investing heavily in Tidal River but many fund investments will show little (if any) results once the “winners” are segregated from “losers” and the “winners” are picked for funding. Possibly one reason the new Tidal River Fund is different than other investments is that is has the Democrat pedigree of the relatives of two of the worse Governors in the state's history, Malloy, and Lamont The Unaccountable. But by these people appearing magnanimous, this endeavor will never come to full transparency with respect to its reason for existence, and its benefit to the state as a whole.
Investments by the many state/private nonprofits for job creation and business formation are vast in the state and are intentionally made difficult to follow. The Lamonts’ plea of ignorance as to the number of investments made with Connecticut taxpayer's monies into Oak HC/FT hedge fund companies would be funny if it were not so ridiculous and sick. One should be reminded of the atrocious economic record of Connecticut even though billions of dollars of Connecticut Taxpayer's monies are dumped yearly to prop up the economic ventures and failures of Democrat Connecticut political operatives. Even so, Connecticut continues to rank last and or near last in many business categories and ranks at the top of the highest taxes in the country. Do keep in mind that Connecticut has $100 to $150 billion dollars in unfunded liabilities along with short- and long-term debt, with no endgame in sight nor any plan to satisfy the debt.
In addition, please keep in mind that Connecticut is a state without any ethics or firewalls operating in a continual state of moral bankruptcy. My friend and colleague Tony De Angelo from the Lee Elci Show (WJJF 94.9 and THIRTY WITH TONY) took one look at this arrangement and said “Bob, this is a wonderful way for the Lamont family to scout companies with potential and invest in what they want and/or direct others to invest under a cloak of philanthropy. What is even better is that they and their cronies get to be observant “venture capitalists” without “venturing” one red cent. There is no written agreement against self-dealing in these start-ups. Nothing whatsoever prevents them from doing whatever they want, especially as they know they will never be questioned, and given their past track record it is shameful and sick that no one is questioning them”. Tony’s observations are barometer as to how business gets done by the politically connected in the once proud Nutmeg State
So, it is another year, and it is another innovative and racket-style Lamont Family economic plan for personal profit while inane marketing gimmicks like the "Make It Here" campaign (if you are not taxed out of business, robbed at gun point, or have your vehicles stolen), are to suffice for the rest of us. More of the same rhetoric and more of the same results by the profit driven team that leads Connecticut.
The power-hungry Democrat Governor and his wife are the first couple of their kingdom in so many ways. This should sicken the state-but never will. It’s profit (and now philanthropic hypocrisy) over people, especially in Connecticut.
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