Monday, December 27, 2021

CIA Laundering Money Through Inflated Art Prices

Editor's note: The CIA not only launders money through "art", the syndicate also controls the liberal media. A long way off from their original mandate in 1947. It doesn't end there either. The CIA is also involved in Satanic ritual abuse and child sex trafficking

Part 1: CIA's Extraordinary Role Influencing Liberal Media Outlets Daily Kos, The Daily Beast, Rolling Stone
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Source: Winter Watch

More Modern 'Art' for the Wall of Shame 
Examples of the late Cy Twombly's modernist "art" style.

December 24, 2021 | By Torchy Blane  

In the movie 'Full Metal Jacket,' Gunny says to Vincent Dinofrio, "You're so ugly you could be a modern art masterpiece!"

Another touchstone moment in Modern "Art" degeneracy occurred in late 2017 at Christie's in New York. While the world and media focused full-court attention on the sale of renowned artist Leonardo da Vinci's "Salvator Mundi" (c. 1500) for $785.9 million, a lesser-known late "artist's" modernist crap raked in a whopping total of $73.7 million.

Cy Twombly's (1928-2011) huge looping red scrawls (see below) titled "Untitled" (2005) sold for $46.4 million with premium. Another Twombly painting titled "Sunset" (1957) featuring the artist's signature scribblings on a white background sold for $27.3 million. This comes from what is referred to as the "deskilled school of art".

Wag rag Tate.com bloviates about Twombley's work thusly:
Red is the colour of wine, but also of blood, and these canvases encompass both the sensual pleasure and violent debauchery associated with the god. This contrast is echoed in the paintings' combination of euphoric loops that soar upwards and vermilion floods of paint that ooze and cascade down the canvas. The unfurling gestures of these paintings were made, like Henri Matisse's works in old age, with a brush affixed to the end of a pole, which lends them their vitality and scale.

 


The exorbitant price that the red scrawls fetched wasn't a fluke. In fact, it could even be called "a bargain." In 2015, another of Twombly's works — also called "Untitled" and resembles scribblings on a chalkboard (see below) — sold at auction for $70.5 million. The funds raised from the sale financed the construction of the 55,000-square-foot Jewish-center entertainment pavilion for Koreatown's Wilshire Boulevard Temple, Los Angeles' oldest Jewish congregation. Isn't it curious how inflated assets are "monetized" to benefit "certain elites"? What a scam!
Cy Twombly's "Untitled (New York City)" brought in $70.5 million. PHOTO: LA Times/Cy Twombly/Sotheby's

In the following humorous and astute critique, Paul Joseph Watson eviscerates the Modern Art movement.


Art Donation as Tax Fraud

In January 2018, federal agents raided four Southern California museums while investigating an alleged tax fraud scheme involving the donation of overvalued Asian and Native American artifacts.

Since the raids, federal agents have seized more than 10,750 objects from the Los Angeles County Museum of Art, the Pacific Asia Museum in Pasadena, the Bowers Museum of Cultural Art in Santa Ana, the Mingei International Museum in San Diego and nine other locations in California and Chicago.

It's the appraisers — not museums — who determine the value of donated art. But the U.S. attorney's office in Los Angeles is investigating whether museum officials furthered the scheme by knowingly accepting donations of overvalued art from suspect dealers and collectors over a decade, according to affidavits.

The allegations mirror past tax-fraud scandals in which museums such as LACMA, the Smithsonian and the J. Paul Getty Museum accepted donations of art with grossly inflated values.

Robert Reich, an economist and former Secretary of Labor in the Clinton administration, recently argued, "We've created a giant loophole right now through which the rich reduce their taxes by supporting culture palaces frequented primarily by themselves." In the interview, he added, "This is not the way the tax code was intended to be used."

Please go to Winter Watch to read more.


Of course the US media is silent on this. The CIA controls much of the media:

A Mass-Murdering Regime Dares to Lecture the World on Human Rights

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