patrick.net

https://www.coffeeandcovid.com/p/for-cause-tuesday-december-9-2025

On Sunday, Tribal Business News ran a distraught story headlined, “SBA orders 8(a) firms to submit financial records by Jan. 5, raising stakes for tribal contractors.” ...

The SBA’s 8(a) program is aimed at “small disadvantaged businesses,” generally meaning 51% “minority owned.” Among a slew of business development benefits, the biggest is federal contracting privileges, which helps them get sole-source contracts of up to $7 million each, with “lifetime caps” in the hundreds of millions per individual. According to the article, Indian (tribal) businesses alone got $23 billion in contract awards in 2023.

In case you were wondering, the 8(a) program itself is racist, a de facto racial spoils system, and is probably unconstitutional ...

A few weeks back, James O’Keefe of OMG —wearing an especially cunning disguise— broke the scandal with an undercover video of some diverse folks bragging about being 51% minority owners of companies with 8(a) no-bid contracts. They said it was easy, they do nothing more than pass contracts to subcontractors after depositing their cut. “I sit back, collect my percentage, and they do the work,” one subject said. ...

Anyway, this week, Trump’s SBA Director Kelly Loefler sent notices to all 8(a) companies, roughly 4,300 of them, requiring submission of three years of general ledgers, bank statements, payroll registers, employment records, and subcontracting agreements by January 5th, or risk losing access to the program. Submitting false information creates potential criminal liability for lying to federal employees.

Now, using AI, the SBA can actually do something with all those records. There is much speculation online about all the technical implications.

t's always funny to watch billionaires waste huge amounts of money. In the end they really don't care that they lost billions, they just like to play the part of Big Shots.

Take Paramount's bid for Warner Bros. Paramount is worth about $15 billion, Warner Bros about $75 billion. Just based on the scale alone the CEO of Paramount is outta his depth. However, he got the President's son to connect him with some Arab sheiks and suddenly he has the financing to make an all cash bid for Warner Bros.

I don't really care for the Woke crap Warner Bros does but if this deal goes through, nobody currently working for Warner Bros is gonna give a shit about anything.

Makes me giggle to see Trump saying that the Netflix offer for Warner Bros may cause Anti-trust concerns when his son is on the opposing team.

Billionaires - Sheesh -- and to think a little over a year ago people's panties were in a wad because Hunter was selling paintings for $250k a pop.

Another not-so-straight shooter with private interest in selling influence on the current admin:

Brian Lanza, who was a senior adviser to Donald Trump's 2024 US presidential campaign, has become a consultant to the international division of Russian oil company Lukoil, which is looking for buyers for its assets.

Lanza began working for Lukoil in the past few weeks. The former Trump adviser and his firm Mercury Public Affairs are cooperating with the US government on the sale of the assets of the Russian oil giant.

He was among those who helped to obtain a postponement for the sale of Lukoil's international assets from the US Treasury Department.

The deadline for the sale is set for January 17, 2026.

Reuters reported that the US bank Xtellus Partners is the main contender to purchase these assets.
Lukoil's international division, based in Austria, has refineries, oil fields and 2,000 gas stations around the world, including more than 200 in the United States.

https://x.com/TheRabbitHole/status/2000452850288353290

https://www.youtube.com/watch?v=02K28kGhpB8

Ya think? "Fraud Tourism" LOL!

Back to Colt 45 glitter nail porch screaming without the uniform.