Via Zero Hedge by Tyler Durden
Update (1545 ET): Politico has responded to the controversy, writing in a Thursday memo that they have “never received any government funding — no subsidies, no grants, no handouts. Not one dime, ever, in 18 years,” but that $27 million in government subscriptions to “Politico Pro” is simply “a transaction,” akin to the government buying “research, equipment, software and industry reports.”
Hunter Biden’s lucrative art sales were also a transaction, totally not buying influence. Perhaps he should have started a subscription service for monthly art deliveries?
Meanwhile, we’re re-upping our subscription / store drive since we don’t have $27 million in government subs to our actually useful Pro service. Thanks to everyone who’s flooded us with orders in the past 24 hours!
Update (1344 ET): During Wednesday’s White House presser, spox Karoline Leavitt confirmed that Politico has been getting ‘more than $8 million taxpayer dollars,’ which has ‘gone to essentially subsidizing subscriptions.’
Watch:
On Tuesday, staffers at Politico were notified that a ‘technical error’ had prevented paychecks from going out. Many joked that this had something to do with the Trump administration putting a freeze on USAID funding.
And while there’s no evidence the two are linked, the suggestion prompted internet sleuths to look into Politico‘s sources of funding. What they found was absolutely shocking.
According to government spending tracker website USASPENDING.gov, Politico – which laundered the Hunter Biden ’51 intel officials’ propaganda during the 2020 election – received up to $27 million (and by some counts $32 million) from various US agencies during the Biden years.
In one instance, roughly $500,000 was spent on 37 Politico ‘pro’ subscriptions.
Of note, Politico was sold to German media giant Axel Springer (which also owns Business Insider) for $1 billion in 2021, meaning US taxpayer dollars have been flowing to the German media giant to prop up their US propaganda rags.
And look at this, the NY Times received $3.1 million in taxpayer funds, while the UK’s BBC received $3.2 million.
Meanwhile…
ZeroHedge hasn’t received a dime from the US government (or any government, assholes), while coming under recurring attack from the deep state and their various tentacles. We subsist on dwindling ad revenues thanks to the media censorship complex, subscriptions, and revenue from our new store.
Read in its entirety at zerohedge.com.
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Well then, keep it coming DOGE.