Over at Virtucon they pick apart the amazing web of dubious penny stock companies that essentially fund the campaign of Democrat Krystal Ball in what is absolutely a must-read blog post. You’d think the mainstream media would have bothered to look into this, as all the information about this is available in campaign finance disclosures and internet websites, but instead it takes a blogger to unlock they mystery. Go figure.
In a nutshell, Ball is the CFO and/or a major stockholder in a number of penny stock companies that either haven’t any physical presence or any earnings, yet Ball has hundreds of thousands of dollars from these corporate shells that she can pile into her campaign against 1st District representative Rob Wittman. One of the firms in this web has even been investigated by the Federal Trade Commission and found to be fraudulent.
I guess this is somehow Nancy Pelosi’s version of “draining the swamp.”
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