James O'Keefe
👤 PersonAppearances Over Time
Podcast Appearances
Yeah, it turns out I was up against all these people who were financially aligned. We can pause it right there, Ron.
Yeah, it turns out I was up against all these people who were financially aligned. We can pause it right there, Ron.
The problem was nobody was willing to be on my board. The people that I trusted and respected the most said, I can't be on your board. I'll write you a hundred thousand dollar check. I'm just not going to be on the board. This is a nonprofit tax deductible money. Someone even wrote us a half a million dollar check, but he says, I can't be on your board because I, you know, it's too risky for me.
The problem was nobody was willing to be on my board. The people that I trusted and respected the most said, I can't be on your board. I'll write you a hundred thousand dollar check. I'm just not going to be on the board. This is a nonprofit tax deductible money. Someone even wrote us a half a million dollar check, but he says, I can't be on your board because I, you know, it's too risky for me.
The liabilities, Pat, the liabilities of what I do approach infinity, right? I've been sued dozens of times. There's no, at least not yet, I hope to make it sustainable and profitable. There's no profit in this. You can't become wealthy doing this. Why? Because you get sued so much. And the legal fees on the balance sheet, the liabilities always outweigh the assets.
The liabilities, Pat, the liabilities of what I do approach infinity, right? I've been sued dozens of times. There's no, at least not yet, I hope to make it sustainable and profitable. There's no profit in this. You can't become wealthy doing this. Why? Because you get sued so much. And the legal fees on the balance sheet, the liabilities always outweigh the assets.
So you have to be a little nuts, at least in the right way. to do this.
So you have to be a little nuts, at least in the right way. to do this.
In certain ways, I am. But the problem is self-interest is a very powerful motivator for people. And the instinct for self-preservation is extremely powerful. So when you get raided by the FBI, which we were in 2021, a year before this happened, and you're getting sued by everybody, the problem is if you're not messianic, if you're not mission-driven...
In certain ways, I am. But the problem is self-interest is a very powerful motivator for people. And the instinct for self-preservation is extremely powerful. So when you get raided by the FBI, which we were in 2021, a year before this happened, and you're getting sued by everybody, the problem is if you're not messianic, if you're not mission-driven...
Corruption... Why would you let them be on your board? So that was my mistake. That was my mistake. I did not discern this. And I had a founder's board. I knew these guys from 10 years prior, right? When I was scrapping, when I had nothing. And they were willing. So the mistake that I made is they were willing to be on the board. And I said, okay. And I couldn't find anybody.
Corruption... Why would you let them be on your board? So that was my mistake. That was my mistake. I did not discern this. And I had a founder's board. I knew these guys from 10 years prior, right? When I was scrapping, when I had nothing. And they were willing. So the mistake that I made is they were willing to be on the board. And I said, okay. And I couldn't find anybody.
The hardest thing about what I... How many do you need? What's that?
The hardest thing about what I... How many do you need? What's that?
501c3s require a minimum of three, but you really should have five optically.
501c3s require a minimum of three, but you really should have five optically.
I had three at Project Veritas, 501c3, and then I had three at 501c4, and they combined the boards when they did this. They just put everyone on the same board.
I had three at Project Veritas, 501c3, and then I had three at 501c4, and they combined the boards when they did this. They just put everyone on the same board.
There were only three board members when they did this, and it was a two-to-one vote. Just a two-to-one vote. Who was the one? Well, I was the third board member, so I was opposed, of course, to this. So it was Tiermont and Garvey, John Garvey. And then they combined the other board, which was George Skakel and Joe Barton and a man named Steve Alemich, who's now deceased. So it became 4-1.
There were only three board members when they did this, and it was a two-to-one vote. Just a two-to-one vote. Who was the one? Well, I was the third board member, so I was opposed, of course, to this. So it was Tiermont and Garvey, John Garvey. And then they combined the other board, which was George Skakel and Joe Barton and a man named Steve Alemich, who's now deceased. So it became 4-1.