Vivek Ramaswamy announced last night that he would be surrendering his campaign to become the official Republican Presidential nominee. He announced his suspension after former President Donald Trump dominated the Iowa Republican Caucus. He said that he will endorse Trump and that he might even speak at one of his upcoming rallies.
Though Vivek has dropped out from the race, his face has been plastered all over social media, and was routinely promoted by right-leaning and alternative platforms and outlets, and will most likely will not just fade away into obscurity.
However, just days before Vivek dropped out of the race evidence surfaced that might partly explain his meteoric rise, and ability to relentlessly campaign. A collection of authors and journalists dug into how Vivek made his money, and it has been revealed that he ran a number of get-rich-quick schemes and scams, and profited off of technology used in the Covid-19 vaccines.
The 2nd Smartest Guy in the Room on Substack provided a brief overview of some of these schemes:
After working in Silicon Valley and Wall Street, Ramaswamy founded biotech company Roivant Sciences in 2014. The following year he raised $360 million for the Roivant subsidiary Axovant Sciences in order to market an Alzheimer’s drug that had previously failed four separate clinical trials. He then raised another $315 million in the IPO. Shortly thereafter, the company’s market value reached almost $3 billion. Two years later, their drug failed its fifth clinical trial. The company cratered, losing over 70% of its value in a single day. Ramaswamy’s investors would be the quintessential bag-holders, while he made out with windfall profits at their expense.
And yet in 2017, Roivant partnered with the private equity arm of the CCP’s CITIC Group to form yet another fraudulent company called Sinovant. Shortly thereafter, SoftBank invested $1.1 billion in Roivant. In 2019, Roivant sold its stake in five subsidiaries, and Ramaswamy pocketed $175 million from the deal.
Roivant has never produced a single viable product, and has never turned a profit; in other words, Roivant was always nothing more than a Ponzi Scheme, and an egregious one at that.
Despite never having created anything in his life other than a series of companies engaged in various blatant scams, Forbes recently estimated Ramaswamy’s net worth to be more than $950 million.
And yet, it has been found that Vivek was receiving funding from the likes of Blackrock, Vanguard, State Street – the three major investment firms that Vivek has routinely railed against in his speeches, for monopolizing and vastly influencing economic conditions through a shadow hand.
Podcaster Matt Kim explained this and more in a short video:
Moreover, in a resurfaced 2017 article by Forbes, it was revealed that 2017 Roivant invested $116 million in nanoparticle delivery systems – the same technology to later be used in the Covid-19 vaccines, and therefore Vivek would have gotten cut a check in royalties. Forbes reported at the time:
Roivant Sciences and Moderna Therapeutics, two of the most highly-funded and controversial companies in the biotechnology world, are headed for a collision course over medical technology.
On Monday, Roivant said it had agreed to invest $116 million in Arbutus Biopharma, a small biotech company focusing on hepatitis B that is locked in a proxy war with Moderna over a liquid nanoparticle delivery system.
[…]
Led by Stephane Bancel, Moderna has raised $1.9 billion from deals it has made with big companies like Merck, Alexion an AstraZeneca and investor cash raised at valuations as high as $5 billion. Moderna is trying to develop a new class of mRNA drugs that would turn the body into a drug factory by directing cells to produce therapeutic proteins. But creating these so-called mRNA drugs is highly complicated and many scientists are skeptical Moderna’s effort will ever work.
Dr. David Martin exposed this during an interview:
AUTHOR COMMENTARY
[9] Gather not my soul with sinners, nor my life with bloody men: [10] In whose hands is mischief, and their right hand is full of bribes. [11] But as for me, I will walk in mine integrity: redeem me, and be merciful unto me.
Psalms 26:9-11
In an archived Twitter post in 2020, Vivek said something very true of politicians, and now even of himself: “Politicians are like flags: they look good but just wave in whatever direction the breeze is blowing.”
That is so very true (and I perhaps I might even borrow that quote for future use); and this scumbag liar is like all the rest. He’s just another pawn in the club, and he’s trying to climb the totem pole by riding Trump’s coattails and being his little lapdog. Even Trump called him out for being a weirdo not that long ago.
I know WinePress regulars understand this but I still report on this type of stuff so you can be warned and reminded as to how the game is played. You do NOT even get to be in the bottom-middle of the totem pole without having oodles of money, connections, charisma and schmoozing, lying with a straight face and without conviction, shrewdness and immense greed, and no fear of God at all. That’s it. And the higher you go the sicker it gets…
A false witness shall not be unpunished, and he that speaketh lies shall not escape.
Proverbs 19:5
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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