Stupid Ass Game

Editor's note: As this brief essay explores, wealthy people are being paid to play golf and the sport is tax exempt suspected of being a money laundering front. Furthermore, as the linked discussion with Michael Hudson points out, the middle class is being decimated by constantly increasing taxation, inflation, the fed is going after wages to "control inflation" and "fake projects drinking from the treasury with millions of private businesses going under in the past two years", yet the PGA Tour is tax exempt and raising already astronomical purses? 

News update on for PGA for 22 July 2022: Larry Klayman files Lawsuit against the PGA Tour, accuses them of colluding, engaging in 'anti-competitive' behavior. 

Economist Michael Hudson on inflation and Fed plan to cut wages: A depression is coming
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IS THE PGA TOUR ANOTHER

MONEY LAUNDERING FRONT?

by Miles Mathis

First published June 29, 2022

Did you know the PGA Tour is tax exempt? That's odd. Is golf now a religion? Rich people being paid to play golf is tax exempt? The middle class is being decimated by ever more taxation, inflation, and fake projects drinking from the treasury—with millions of private businesses going under in the past two years—but the PGA Tour is tax exempt and raising already astronomical purses? The winner of the Tour Championship will take home 20 million this year. Play golf four days, win $20 million. How is that even possible?

 

Well, it shouldn't be possible. It makes about as much sense as paying $200 million for a painting of a spot on a canvas. We now know the art market is a front, so if sports looks more and more like the art market, we should make the connection. Also a red flag is that a lot of the PGA Tour's finances are off the books. See this Forbes article that admits it. This is one of the reasons Greg Norman allegedly split: he had asked for an independent audit and reported the Tour had never been audited. Like the CIA or military, it is apparently a free-for-all. Anything goes. In that article the Tour claims to be audited, but the auditor is PriceWaterhouse, which does the Tour's own books. So the Tour is basically auditing itself, which blows the definition of an audit. You can't audit yourself.

Did you know the Tour also has player retirement benefits? What? Make millions for playing a stupid game, then get a cush retirement package on top of it? Money for nothing and your chicks (dudes) for free. The Tour has about $1 billion in player retirement benefits.

Again, how is that possible? Where is all this money coming from? We are told it is coming from sponsors, but can the Tour really have a large enough audience to justify these budgets? That would mean all this is being driven by advertising, including the hefty amounts allegedly given to charity. The PGA Tour is so flush it can just give away a large part of its revenue to charity, to try to make you forget what a ridiculous and wasteful spectacle it is all is. But my guess is these charities are about as well audited as the Tour itself. In other words, NOT. We see the usual crippled children and starving puppies, but is any of the money really getting to them? I would assume that is as fake as everything else, with the money taking a U-turn and ending right back in the pockets of the Phoenicians running this scam.

I suggest the money involved isn't coming from advertisers or sponsors. It is coming from the usual suspects: the same criminals behind the art market, the drug market, the military con, the Intel con, and everything else. I would say it is very likely the Tour is just one more money laundering scheme, created to cleanse dirty money from arms deals, drugs, prostitution, and whatever these people are up to. That is the only way any of this begins to make sense, including the tax exempt status, Congress looking the other way, Justice looking the other way, the absurd purses, the fixed outcomes, and all the rest. It also starts to explain the new LIV tour, where the dollar signs are even more inflated. That is supposed to be funded by the Saudis, but I have shown you in recent papers the Saudis themselves are just fronts, being propped up to hide the Octopus. In the first LIV event, they only played three days but still split a $25 million purse. But that's only the tip of the iceberg. Almost a billion in appearance fees were reportedly shelled out to top players to make the move to LIV. That was prior to even one dollar being taken in for advertising. And advertising should have been minimal, seeing that the first event wasn't even televised. You could only watch it on LIV.com. So explain those "revenue streams" if you can.

There is only one way I can: money laundering. It looks to me like a large percentage of the worldwide economy is graft and theft and other illegal operations, so more than half the world's GDP requires laundering. I am not sure why: it seems we are right on the cusp of just admitting that and throwing all the law books in the garbage, but as of 2022 the Phoenicians are—for some reason—still maintaining the fiction that some laws remain in place.

Probably because once the 98% figures out they have just been suckers all along, the gravy train for the 2% is going to end, and end violently. We see it happening even as we speak.

One way you can speed up that process is by turning off the TV, and especially by boycotting all professional sports. When all the TVs are in the city dump, it is going to be hard for the Phoenicians to claim their revenue here is coming from sponsors, isn't it? I killed my TV in about 1993, by actually stomping it into little pieces. I have never regretted it. You wonder why I am smart and sane and can see through all this crap? That's why. I suggest you join me.

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Here is a reminder of just what a dumb ass game it is...