Is Patrick Byrne Crazy Or Crazy Like A Fox?

Is Patrick Byrne Crazy Or Crazy Like A Fox?

Is Patrick Byrne Crazy Or Crazy Like A Fox?

Overstock’s CEO Patrick Byrne resigned yesterday and the interviews he gave after his resignation were quite something. Is he crazy as in crazy? Or crazy like a fox? You be the judge.

First, a little background. Just over a week ago, Byrne made waves with an interesting “Deep State” letter he penned to Overstock shareholders in which he disclosed that the information he shared with Sara Carter was true. What information was that?

“In an interview several weeks ago, Byrne recounted first meeting Butina at Freedom Fest 2015. He described the relationship that developed between the two and revealed that he  had initiated contact in July, 2015 with the FBI after his first meeting with Butina. He also disclosed that he met twice with Justice Department attorneys in April, 2019 giving a total of seven hours of interviews on the separate occasions. A source directly familiar with the interviews, confirmed those meetings took place.”

There is much more at the link, including information sent from Maria Butina’s attorney to John Durham and commentary from Warren Buffett. John Durham is the attorney tasked by Attorney General William Barr to investigate the FBI’s handling of the Russia investigation.

The interview and Carter’s report raised eyebrows, and Overstock’s stock took a dive. And then, he announced his resignation. This is the story that Forbes put out earlier yesterday afternoon. 

“Byrne, who bought Overstock.com in 1999 and ran it for two decades, has always been a man of many ambitions. High on his list: transforming the African continent and its 1.3 billion people via blockchain technology. Like an infomercial for the nascent decentralized, distributed ledger technology that underlies cryptocurrencies like bitcoin, he waxes poetic about a future in which corruption is wiped out, people are freed from poverty and developing nations can leapfrog ahead by putting government functions like voting, property records and central banking on the blockchain. Characteristically low on his priority list: The economic interests of the thousands of shareholders in his publicly traded former e-tailing giant.”

Forbes also reports that the company’s stock is heavily shorted, one of the major crypto offerings is part of an SEC investigation, and Medici Ventures (the blockchain investment arm) lost $61 million in 2018.

However, let’s go back to his assertions that he was an FBI informant who was helping the FBI with it’s Russia investigation and in fact knew that Maria Butina was working to get meetings with Hillary, Cruz, Rubio, and Trump. Supposedly Byrne reported all this to the FBI. And yet, no one finds out about any of this until Byrne goes public on August 12th?

I will say this, given how many people have been running deep dives into the entire Trump Russia FBI/DOJ debacle, it is interesting that details of this are only seeing the light of day now.

Which led to his interviews with Fox Business and a subsequent interview with Martha McCallum.

In the Fox Business interview with David Asman, Byrne specifically named Peter Strzok as the previously unnamed upper echelon FBI figure who was directing Byrne to stay in contact with Maria Butina. He reiterated that in the McCallum interview.

What are people thinking about his interviews? This gives you an idea.

By the way, lest anyone really think that Byrne is in the tank for Trump, he has stated unequivocally that he did NOT vote for Trump.

Here’s the deal. The guy does come across as a few bubbles off plumb in some aspects. However, his statements that tie into all the Trump Russia narrative are already giving the Democrats heartburn. It’s been clear for two years that the media/Left complex wanted and still wants Trump to be a Russian stooge. With Byrne specifically stating he connected the dots and it was Strzok directing the Butino/Byrne connection, what does this do to the favored Trump/Russia narrative?

Given Byrne’s admittedly checkered history that Forbes outlines here, can we or even should we treat Byrne’s assertions as credible?

I’ll ask again. Is he crazy? Or crazy like a fox? I guess we will just have to wait and see.

Feature Photo Credit: Screen Shot via Fox Business YouTube, cropped and modified

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5 Comments
  • GWB says:

    he waxes poetic about a future in which corruption is wiped out, people are freed from poverty and developing nations can leapfrog ahead by putting government functions like voting, property records and central banking on the blockchain
    Egad, I hate ‘visionaries’. Yes, he’s crazy – not the fox version.

    a few bubbles off plumb
    I think he’s probably outside realm of measurement for whatever level you’re using.

    Translation: the SEC is closing in.
    I think this is probably true.

    • GWB says:

      Oh, and to go with conspiracy theories of our time….
      What if Byrne is a false flag, designed to discredit the people claiming the FBI was neck-deep in the anti-Trump spying? “Well, of course you think Strzok is ‘in on it’. You’re just as crazy as that Overstock dude.”
      Guilt by association is a well-worn tool for the media and the left (BIRM).

  • Nicki says:

    My assessment is that he’s not credible. Hearing his interview, he keeps mispronouncing Butina’s name. If you were humping for several years, would you not learn how to pronounce your lover’s name correctly during that time? I have my doubts. The move “A Beautiful Mind” comes to mind.

    Yeah. Crazy.

  • Slow Joe Crow says:

    I think he’s crazy like John McAfee. About 10 years ago Byrne claimed a “Sith Lord” was shorting Overstock and tanking their stock prices. The FBI Russia thing still stinks to high heaven and every official involved should be tried for multiple crimes starting with perjury, destroying evidence and classified document leaks and seriously considering treason.

  • BC says:

    Take Gary Weiss’ comments on Patrick with a grain of salt. Gary and Patrick have had long running issues involving court cases and etc. That being said Patrick is a strange duck but he does have a history of working with the FBI and SEC in the past. So it is a toss up as to wether he is crazy or crazy like a fox and being truthful in this case. This is one of those just wait and see what comes from it cases. Don’t jump to conclusions.

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