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Overstock CEO Patrick Byrne – who found himself wrapped up in the middle of the FBI’s Russia investigation – made an appearance on Fox Business where he claimed to have “all the answers.”
“It was all political espionage. Here’s the bottom line: There is a deep state like a submarine lurking just beneath the waves…and a nuclear icebreaker named the USS Bill Barr has snuck up on them and is about to ram them amidships. That’s about to happen, and I think we’re about to see the biggest scandal in American history as a result…everything you think you know about Russia & Clinton investigations is a lie, it’s all a cover-up, it was all political espionage…”
Byrne went on to make the shocking claim that there was actually spying going on not only on Donald Trump and other Republican campaigns, but on Hillary Clinton’s campaign, too!
And, he named names: John Brennan and James Comey.
Watch the bombshell interview with Byrne here for yourself:
A press release from Global News Wire gave another statement from Byrne on the Deep State:
CEO Patrick M. Byrne has released the following statement:
“Sara Carter has published two articles relating the following claims of mine:
- Starting in 2015 I (operating under the belief that I was helping legitimate law enforcement efforts) assisted in what are now known as the ‘Clinton Investigation’ and the ‘Russian Investigation’ (in fact, I am the notorious ‘missing Chapter 1’ of the Russian investigation). It was the third time in my life I helped the Men in Black: the first was when my friend Brian Williams was murdered, and the second was when I helped the M.I.B. shake up Wall Street a decade ago. Unfortunately, this third time turned out to be less about law enforcement and more about political espionage conducted against Hillary Clinton and Donald Trump (and to a lesser degree, Marco Rubio and Ted Cruz).
- In July 2018 I put the pieces together. I immediately (last July) came forward to a Congressman and a senior military officer, to the Department of Justice this April, and (upon my Omaha Rabbi reminding me of my duty as a citizen late this June) to a small set of journalists this summer. Ms. Carter was among them. Her two stories are accurate.
Having confirmed Ms. Carter’s two articles, I have fulfilled those citizenship obligations of which my Rabbi reminded me. I will speak no more on the subject. Instead, having lived in places lacking Rule of Law and having witnessed the consequences of its absence, I plan on sitting back and watching the United States Department of Justice re-establish Rule of Law in our country.”
A few weeks ago, Byrne spoke with Sara Carter about how he found himself wrapped up in the twisted web that was the Russia investigation.
Here's an excerpt of what he had to tell, from SaraCarter.com:
If what you already know about the FBI’s investigation into President Donald Trump’s campaign and Russia has you wondering what can come next, “make sure you are sitting down because it’s about to get worse,” said Patrick Byrne, the philanthropist and CEO of the mega online retail chain Overstock.com.
Byrne revealed never published details about his intimate relationship with the Russian gun right’s activist and libertarian, Maria Butina, who isnow serving out her sentence after pleading guilty in 2018 to working as a foreign agent in the U.S. without registering.
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.Butina’s lawyer, Robert Driscoll, also confirmed the relationship between Byrne and Butina. Driscoll stated that he also had relayed the information to the FBI and prosecutors earlier during his trial, and asked repeatedly about any Brady material -exculpatory information – that the bureau may have collected from Byrne on Butina, to no avail. The bureau denied it had any information regarding Byrne and Butina’s relationship, said Driscoll.
On Thursday, Driscoll sent a letter to United States Attorney for the District of Connecticut John Durham, who was appointed by Attorney General William Barr to investigate the FBI’s handling of the Russia investigation; Inspector General Michael Horowitz, who is conducting an investigation into the bureau’s origins of the Trump probe and Corey Amundson, with the U.S. Department of Justice’s Office of Professional Responsibility.
“In writing, the government denied the existence of any such Brady material,” Driscoll stated in his letter. “Orally, during debrief sessions with Maria, I directly told the government that I believed Patrick Byrne, Chief Executive of Overstock.com, who had a sporadic relationship with Maria over a period of years prior to her arrest, was a government informant. My speculation was flatly denied. My associate Alfred Carry made similar assertions in a separate debrief that he covered and was also rebuffed.”
“Mr. Byrne has now contacted me and has confirmed that he, indeed, had a ‘non-standard arrangement’ with the FBI for many years, and that beginning in 2015 through Maria’s arrest, he communicated and assisted government agents with their investigation of Maria. During this time, he stated he acted at the direction of the government and federal agents by, at their instruction, kindling a manipulative romantic relationship with her. He also told me that some of the details he provided the government regarding Maria in response was exculpatory—that is, he reported to the government that Maria’s behavior and interaction with him was inconsistent with her being a foreign agent and more likely an idealist and age-appropriate peace activist.”
“As an adjunct university professor and CEO of a public company, Mr. Byrne is a credible source of information, who from my view has little to gain but much to lose by disclosing a sporadic relationship with Maria. His claims are worthy of investigation. Indeed, he has much to say about the government’s handling of Maria’s case that go far beyond the Brady issue I raise in this letter. Regardless of these other issues, which I suggest you pursue directly with him, I was told the following by Mr. Byrne,” Driscoll’s letter states.
Byrne’s decision to come forward didn’t come lightly. However, he said it was necessary after watching what had transpired between the FBI, the intelligence community and the probe into President Trump’s campaign over the past several years.“It was something I knew I had to do,” he told this reporter. “Those running the operation were not honest and in the end I realized I was being used in some sort of soft coup.”
Familiar with the possible backlash he will face, he made the decision to go public after speaking to his mentor and longtime friend billionaire Warren Buffet, CEO of Berkshire Hathaway. Buffet, whom Byrne describes as his ‘Rabbi,’ sent SaraACarter.com a statement Tuesday night confirming his meeting with Byrne at his home in Omaha, Nebraska several weeks ago.
“I’ve known Patrick and his family for more than 40 years,” Buffet said in an email to this reporter. “His father, Jack Byrne, saved GEICO in 1976 and I met his three boys when they were teenagers. Both Mark, the middle son, and Patrick, the youngest, worked for Berkshire Hathaway. Patrick helped the company without pay in solving a difficult business problem. Patrick is very intelligent and patriotic. He comes by Omaha periodically to see me. At the most recent visit – a few weeks ago – though I know nothing about the subject he was describing, I told him to follow his conscience.”
There are only several other reporters with knowledge of what you are about to read and another who is aware of the situation with Byrne. Byrne recounted his story of his involvement with the FBI and DOJ on video during the private meeting he arranged with this reporter, and several others.The meeting between Byrne and the journalists took place in New York City. It was a little more than three hours long, for the most part completely on the record and videotaped. He told his story in seven parts.
He said his motivation is to get the truth to the American people about his role with the FBI and what transpired. There were allegations that Byrne revealed regarding other aspects of his involvement with the FBI that could not be verified.
This reporter relayed the full extent of Byrne’s allegations to the FBI last week. On Wednesday the FBI declined to comment on Byrne’s allegations.
Byrne, who is not the typical CEO, is a is familiar with big public battles. A Libertarian with a doctorate in philosophy, Byrne took on Wall Street in 2005. Byrne launched a massive campaign against hedge fund market manipulation and the possibility they were going to crash Wall Street. Some financial giants, along with members of the media, were chomping at the bit to destroy him, he recalled. It wasn’t until the market crashed in 2008 and he won his battle in court that those enemies backed off. But at the time, enemies of Byrne on Wall Street flooded the news with stories making him out to be crazy, “even a picture with a UFO coming out of my head,” said Byrne.Byrne said he didn’t come forward sooner about his contacts with the FBI, which he describes as a ‘non standard’ relationship with the government, because he wanted to be “judicious and let the system play out,” he said, referring to the government’s ongoing investigation into the FBI’s handling of the Russia Trump probe.
“But I can’t trust that’s what’s going to happen,” he said.”I’ve been holding my breath for more than 12 months watching everything unfold. I’ve never met Trump, never gave the guy money, as soon as he said the stuff about John McCain I stopped listening at the time. This isn’t about Trump, it’s about what’s right for the American people. The public should know the truth.”
Earlier this year Byrne approached the DOJ and met with lawyers on April 5th and 30th. The first meeting was without counsel in Washington D.C. A source directly familiar with the interviews confirmed Byrne’s account of the meetings.
DOJ officials said they could not comment on Byrne’s allegations.
Driscoll noted that the information provided by Byrne should be investigated by Durham.
“Subsequent to Maria’s arrest, incarceration, plea, and sentencing, Byrne has felt remorse for the role he played in Maria’s situation. In view of recent reports of other alleged government misconduct, he has also expressed a fear that political motives may have influenced the government’s handling of Maria’s case,” Driscoll told Durham in his letter.
Byrne’s “recollection of certain conversations with government agents would appear to validate his concern,” Driscoll said.
Byrne Reveals Details About Butina To FBI
In those interviews with Justice Department attorneys, Byrne revealed details about his intimate relationship with the Russian gun right’s activist Butina. Byrne was a keynote speaker on July, 8, 2015 at Freedom Fest, a yearly Libertarian gathering that hosts top speakers in Las Vegas. Shortly after his address, Butina approached him. She told him she was the leader of a gun right’s organization in Russia. He congratulated her, spoke to her shortly, but then “brushed her off.”
The young redheaded Russian graduate student then approached him again over the course of the conference and explained that she worked for the Vice Chairman of the Central Bank of Russia and sent by them to make contact with Byrne.
She also said “Did you know you’re a famous man in Russia in certain circles? We watch your Youtube videos, we know about your relationship with Milton Friedman.”
She said she was appointed to lead Russia’s gun right’s group by Lieutenant-General Mikhail Kalashnikov, who was a Russian general, most notably known for his AK-47 machine gun design. Byrne says he considered the designation by Kalashnikov a significant honor, a signal of a kind he knows some mythical figures make on their way out. Byrne then had an “extensive conversation about Russian history and political situation. Butina told him that the purpose of her visit was primarily to extend an invitation to Byrne to come to Russia to speak at the Central Bank. After that, there would be a trip to a major resort to meet withvarious intellectuals and dignitaries from the Russian power structure. Butina told Byrne the event would offer him the opportunity to meet senior Russian officials and oligarchs. She wanted to see Byrne again to start preparing him for such a trip.
Communication In Disguise Of A Romantic Relationship
As she left, Butina told Byrne “I wish to make arrangements with you for this to happen with you. We will continue to communicate in disguise of a romantic relationship.”
Butina had to have a reason to be texting Byrne and believed that “she was being monitored and proposed that we disguise our discussions as a romantic relationship,” Byrne explained.
He admitted he was intrigued by Butina’s intelligence and believed that she may well have been a great contact and possible opportunity for peace. “She’s an intellectual, and wanted to engage at that level.”
Because of his security clearance, which he maintains for foreign policy work, he felt required to report Butina and her offer to the FBI.
“I have been involved with three peace efforts in my life, and stranger things have happened than that someone positive came from such an encounter. However, I was also keenly aware that she might be a Red Sparrow instead.”
Interestingly, then-candidate Donald Trump (who had only recently announced his candidacy for president), was also a keynote speaker at the 2015 event. During a public question and answer, Butina asked Trump several questions, as has been extensively reported by numerous outlets.Byrne had already left Las Vegas by the day Trump spoke and has never communicated with Trump.
You can read Byrne's full tell-all account here.