‘Swamy The Swindler
A profile In Scamming
For decades, we have all heard the same tired and beaten down sentiments echoed by those of lesser standards, ‘if we do not make some compromise, the other side will win’. Often these compromises come down to supporting candidates that have wealth and power as ‘viable’ candidates against a liberal opposition, despite them sharing little to no principled positions on any of the issues you actually care about. For Ohioans staring down the barrel of a Governor’s race next year, this issue is no more apparent than in the recent Republican party ‘selection’ of a candidate to oppose the most likely Democrat candidate Sherrod Brown.
Vivek Ramaswamy is currently the name on many conservative lips. He has seemingly ‘won’ a great victory in securing the Ohio Republican Party endorsement an entire year before any primary vote and his pedigree as a biotech billionaire ala Elon Musk clearly solidifies him as a ‘smart’ man capable of running the state, right? But who is Vivek Ramaswamy, how did he get his start in this political system and does his origins inform on how he would potentially run our beloved state?
Vivek Ramawamy was born in Cincinnati, Ohio to Indian immigrant parents. Essentially, should Trump have been successful in revoking birthright citizenship, Ramaswamy would not have been eligible for any elected offices of note. His Hindu religious parents were not of poor standing either. His father, V. Ganapathy Ramaswamy, worked as an engineer for General Electric and his mother, Geetha Ramaswamy was a geriatric psychiatrist for Merck and Schering-Plough, a position Vivek would lean on for later use.
That is to say, the family was far from hard up for funds, which is why it is particularly noteworthy that Vivek attended Harvard on a Fellowship Grant from conservative boogeyman Soros in 2011. Vivek has spent a good deal of resources attempting to hide this from his adoring public, who view the Soros family as the ultimate political villains, constantly funding Antifa revolts across the country. Vivek has defended the move to take free money despite at the time, having a reported $2.25 million in total income.
"My defense of that is if someone gives you a merit scholarship at the age of 24, you take it.” Vivek said.
Vivek’s complete lack of principles would come to define his professional and pseudo political career as well. Despite attempting to liken himself to biotech billionaire Elon Musk, and calling himself a scientist, Vivek is a hedge fund investor who made his money in pump-and-dump schemes under multiple shell companies, nearly getting embroiled in criminal proceedings for one when it cut too close to home.
There is no better example of the expert grifting on display from Ol ‘Swamy than in his flagship company Roivant. Roivant was an investment firm Vivek founded and placed in Bermuda, hopefully outside of SEC jurisdiction, and staffed the board with a good selection of Republican and Democrat donors under the auspices he was going to work to bring needed drugs to market. Part of convincing the board of its legitimacy was implementing DEI policies under the now defunct Roivant Social Ventures, during his CEO tenure. The answer might lie in Ramaswamy's implementation of Roivant's diversity, equity, and inclusion (DEI) initiative, called Roivant Social Ventures, during his CEO tenure.
The initiative was launched in 2020 while Ramaswamy was still CEO, this initiative aimed to foster "DEI opportunities for future leaders in biopharma and biotech." While ‘Swamy vocally opposes ESG principles, Roivant's major institutional investors—including Morgan Stanley, Viking Global, and BlackRock, the very firms he criticizes by name—are among its largest stakeholders, owning over 500 million shares. Ramaswamy himself holds more than 80 million shares, making him an essential partner of these major ESG funds. In a deeply ironic twist, Ramaswamy's anti-"woke" campaign is being bankrolled by the profits reaped from the very policies he denounces. Again, ‘Swamy lives by his motto of “if someone offers you money, you take it.” Truly a man of principle.
However, all of this was just a smokescreen for the true nature of Roivant. Behind the scenes ‘Swamy acquired a failed Alzheimer's drug, labeled RVT-101 from a company called GSK. The drug had failed its last four clinical trials. Vivek’s company purchased it on the cheap and his mother, a clinical doctor, ‘reinterpreted’ the results to imply there was actually a hidden promise. Together they focused on reimagining the results of a single study which looked at the results of RVT-101 with over 600 patients that was paired with other Alzheimer's drugs known to be beneficial. The ‘new promise’ of RVT-101 led Vivek to take Roivant and its subsidiary, Axovant public in 2015, leading to a massive influx of funds through stock sharing. Vivek of course sold his stock before the disastrous fifth trial, which proved yet again, RVT-101 was nothing but snake oil. Vivek walked away with millions, leaving investors on the hook with bunk.
This instance is not a one-off. Vivek’s entire professional career is defined by pump-and-dump schemes in which he tricks investors to fork over millions while he slowly backs away before the hammer falls. Roivant's finances were abysmal under ‘Swamy. During his tenure in 2019, the company's net operating loss exceeded $530 million. By 2020, the losses doubled to over $1 billion, accompanied by a 65 percent decline in revenue. There are two potential options here, either Swamy cannot run a company to save his life, or the intention of these investment firms were never to be profitable long term.
Despite placing the headquarters of Roivant in Bermuda, investors still had a bone to pick with ‘Swamy over his schemes, launching a criminal investigation into the shady investment practices. Investment management firm Alpine Partners proposed to subpoena Ramaswamy in June for testimony in a federal lawsuit believing it and other investors may have been shortchanged. The legal battler surrounded a $1.7 billion acquisition of Myovant Sciences Ltd., a subsidiary of Swamy’s Roivant Sciences, focused on drugs for women’s health, by Sumitovant Biopharma — a holding company formed in 2019 by the merger of Roivant and Japan-based Sumitomo Dainippon Pharma. The company wanted Vivek to explain how he came up with the valuation of Myovant shares, no doubt frustrated at all the pumping-and-dumping. At the time, Swamy leaned heavily on his incredibly lackluster presidential run, saying he was ‘too busy’ to come and testify. Some have argued his entire presidential campaign was simply a way to get out of testifying and potentially facing criminal charge. Considering his abysmal numbers, it’s far more likely than considering he ever had a chance of winning.
As he has moved to place himself in the national stage, Vivek has spent millions to scrub most of these things from the internet, from his DEI initiatives at Roivant, his Soros Fellowship grant acceptance, and even his participation in the Ohio governments Covid-19 response, lest you, the voter, be aware of who he really is. Vivek went even so far as to litigate the removal of his name from Davos World Economic Forum’s website as one of their up and coming ‘stars’.
While all of this should have been more than enough for most rational people to chuck ‘Swamy into a bucket of lying swindlers never to be discussed again, it somehow still hasn’t deterred Republican voters, seemingly fueled entirely on some form of twisted wish fulfillment, from looking at him as some savior. Swamy’s ultimate ‘mask-off’ moment came in the lead up to his most recent failed presidential appointment to The Department of Government Efficiency, or DOGE.
As some may remember, there was a time ‘Swamy was supposed to be working in the Federal DOGE program with Elon Musk, and then, seemingly mysteriously he wasn’t. Strangely most Conservatives haven’t asked themselves this question, so I decided to answer it for you.
In the lead up to his grand coronation on the federal stage, Vivek went on twitter and essentially took a giant street-shitting dump on American workers. Stating the reason we need to import labor from foreign nations through H1B programs is because American culture is lazy and too focused on sports and athletics. Immigrants work harder than you, Afterall, and they deserve to have the jobs you lack the competency to work.
While rumors have been they wanted him out of DOGE well before his verbal diarrhea, it provided the final nail in the coffin to boot him from the office and send him packing. But what do you do with a lying, grifting swindler who has been privy to so many closed door meetings at the highest levels within your party? How do you get rid of such a beast? In the corporate world, you give him a position somewhere with a golden parachute to ensure he is kept happy and quiet. In politics, you give him Ohio. First, Vivek attempted to squeeze himself into a last minute senate seat appointment by Mike DeWine, and when DeWine refused and appointed Husted instead, Vivek came up with his next big scheme, take the Governor seat itself.
Last month, the Ohio Republican State Central Committee, the directing arm of the party for the state, voted in an off agenda, closed door session to endorse Vivek Ramaswamy for Governor of Ohio. The move came after, as one source put it, ‘extreme pressure’ with nonstop calls promising funding, endorsements and more should they make this move an entire year before any voters could actually decide if they wanted to make their mark next to the name of a literal snake oil grifter. If they had voted no, and decided to wait until a primary vote, would the national GOP have worked to primary them out? We will never know because the Ohio Republican party today lives by a motto of “compromise today, so we can lose tomorrow.’ Now that voters have seemingly supported selling Ohio state debt to foreign nations through the passing of Issue 2, the question is not whether a ‘Swamy Governorship would sell out the state, but who he would sell it out to.
As frustratingly fake and disgustingly dismal as Vivek Ramaswamy is as a human being, he is just a symptom of the complete failures of conservatism as a political ideology as exercised today. These remarks do not come from a place of opposition to conservatism, but a wish for something stronger and a recognition that we must do better if we are ever going to truly ‘win.’ The start of this is to first differentiate the election victory of an individual with a personal victory you, the voter, will feel.
American conservatism has existed in this country for over 200 years. In that time, what has it managed to conserve? Demographics? Employment opportunities for heritage Americans? Christian philosophy and Dogma? Household roles? Clean water and air? How about something as simple as women’s restrooms? For 200 years conservatism has essentially been the political ideology of being ‘The Democrats but ten years prior’, and it starts with the poisonous idea that we must compromise if we hope to win. If you question the validity of the statement, take a look at speeches from former President Bill Clinton and compare it to current Republican rhetoric. At one time, this nation was made of men with principle, who knew what they stood for and would not compromise those principles for any price. Today our political heroes are sycophantic parasites who define themselves by taking whatever handout they can so they can simply raise themselves up some convoluted professional ladder.
If you want victory, true victory, return to being men of principle. Sit down and actually think about what you stand for and why it’s important that you do stand for it. Establish a Dogma you will not compromise on, no matter the offer. If all you care about is political elections as some sort of two-team sporting competition where you ‘own the libs’, your children will continue to inherit a state and nation run by parasitic grifters who only care about themselves.
Our selected representatives are not good people. But they know you are. They don’t have to prove they are morally good, just convince you they are better than their opposition because they know you will always vote for the lesser of two evils. In today’s political market, that bar is currently “My opposition wants to castrate children.” Until you start to stand firm by your principles and demand better, they will always firmly place one foot in molten sludge knowing you will still compromise because the alternative is worse. Demand better and they wont have a choice but to be better, or risk losing any power and money they currently love so dearly.
The white man's had his time in the sun. Relax and welcome the new world!
https://www.brookings.edu/articles/less-than-half-of-us-children-under-15-are-white-census-shows/