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Thread: Billionaires profit from the corona crisis

  1. #31
    Five tech firms backed by Thrive Capital — whose founder Joshua Kushner is the brother-in-law of Donald’s Jewish daughter Ivanka Trump – have received at least $2.8 million in cheap loans from the Trump administration’s Paycheck Protection Program.

    Thrive’s other investments include Oscar Health, ClassPass, Instacart and Robinhood (not the “Foundation” but a trading app): https://nypost.com/2020/08/17/startu...-relief-funds/
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty



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  3. #32
    Since 18 March, when the coronavirus pandemic was started, the 12 richest Americans “have seen their combined wealth increase $283 billion, an increase of almost 40 percent” (to a cool more than $1 trillion).
    These 12 billionaires have seen their wealth increase to total $1,015,188,210, by 13 August (and climbing)...

    Jeff Bezos - $189,490,763 (+ $76 billion)
    Bill Gates - $114,101,127 (+ $16 billion)
    Mark Zuckerberg - $100 billion (+ $45 billion)?!?

    Warren Buffett - $80,573,878 (+ $13 billion)
    Elon Musk - $73,113,798 (+ $48 billion!)
    Steve Ballmer - $71,506,461 (+ $18 billion)

    Larry Ellison - $71 billion (+ $12 billion)?!?
    Larry Page - $67,404,945 (+ $16 billion)
    Sergey Brin - $65,609,204 (+ $17 billion)

    Alice Walton - $62,551,444 (+ $9 billion)
    Jim Walton - $62,348,885 (+ $7 billion)
    Rob Walton - $62,030,872 (+ $8 billion): https://www.commondreams.org/newswir...illion-dollars


    From 18 March to 23 July, the total wealth of U.S. billionaires increased with $755 billion (25.6%).
    From 18 March to 23 July, over 52.4 million people filed for unemployment. Almost 32 million Americans are “currently” receiving jobless benefits (23 July?).

    From 18 March to 5 August, the total wealth of U.S. billionaires increased with $685 billion (less than 23 July?) to a grand total of more than $3.65 trillion: https://inequality.org/billionaire-b...-2020-updates/
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  5. #33
    Donald Trump’s buddy Carl Icahn together with (amongst others) Apollo Global Management have profited by “going short”; expecting shopping malls to go bankrupt during the coronavirus “pandemic”.

    Apollo Global Management (run by Joshua Harris and Leon Black) has financed the Kushner in-laws of Ivanka Trump with hundreds of millions of dollars…

    Carl Icahn made $1.3 billion.
    Apollo Global Management made more than $100 million: https://archive.is/qsz1e
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  6. #34
    The UK’s chief scientific adviser Sir Patrick Vallance owns 43,111 shares in GlaxoSmithKline (GSK) worth £600,000 from his time as president of the pharmaceutical giant from 2012 to 2018.
    Vallance held 404,201 GSK shares when he resigned as president and has already sold for more than £5 million in shares.

    That’s the same GSK that made a deal to supply the UK with up to 60 million doses of Covid-19 vaccine.
    GSK has a similar deal with the US Government to supply 100 million doses as part of Donald’s Operation Warp Speed: https://www.dailymail.co.uk/news/art...maker-GSK.html
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  7. #35
    Because of the worldwide corona lockdown, 1.6 billion workers in the informal economy (the most vulnerable of the workforce) are in danger of losing their income.
    That is out of a worldwide total of 2 billion in the informal economy and a global workforce of 3.3 billion people.

    An estimated loss of working hours in Q2 (compared to pre-crisis levels):
    12.4% for the Americas;
    11.8% for Europe and Central Asia;
    Above 9.5% for other regions in the world.

    In the first month of the crisis the income of informal workers globally dropped some 60%:
    81% in Africa and the Americas;
    70% in Europe and Central Asia;
    21.6% in Asia and the Pacific.

    Worldwide, more than 436 million businesses are in deep trouble.
    232 million in wholesale and retail;
    111 million in manufacturing;
    51 million in accommodation and food services;
    42 million in real estate and other business activities: https://www.ilo.org/global/about-the...--en/index.htm
    (https://archive.is/2wgKr)
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  8. #36
    Because of the complete lockdown of the economy, people in the third world are getting hungry.
    Even in the “developed” US, some 1.5 million New Yorkers cannot buy food, and are standing in long lines to beg for food from food banks.
    Because Big Brother wants to know everything, and the long lines were bad publicity (so short before the re-election of Donald Trump), people begging for food have to make an appointment before they can pick up food at Masbia: https://www.fox5ny.com/news/pandemic...cs-food-crisis


    Billionaires all across the globe have gotten richer (according to FT).
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  9. #37
    Feeding America, a network of 60,000 U.S. food shelters, estimates that more than 54 million Americans won’t be able to buy food because of the coronavirus lockdown, with the biggest increases in food insecurity in North Dakota, Minnesota and Wisconsin.

    Most of the record amount of farm aid has gone to big farms over small-scale farmers or food for workers.
    Some argue that this could make President Donald lose the coming presidential election in the Midwest of the USA (but I don’t believe that Biden has a chance): https://uk.reuters.com/article/us-us...-idUSKBN27C1IM


    The IMF is always ready to “help” countries into destruction…
    The IMF has now “warned” (or should we say “boasted”) that the poor countries of the world are heading for a catastrophe because of the economic disaster, caused by the draconic COVID-19 measures.

    I’m surprised that the “petro-dollar” (with lower oil prices) has increased in value because it is considered a “safe haven”.
    This has made the burden of repayment of the debt for the “poor” countries, with devaluated currencies, even more difficult.

    https://thenextrecession.wordpress.c...ith-no-escape/
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  10. #38
    The global PPT has completely controlled markets today. They clearly are not allowing another sell-off today. Gotta keep the market numbers managed so the big guys can dump to bagholders on fabricated up-days like today. Today's charts are so obviously manipulated it's ridiculous.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  11. #39
    Quote Originally Posted by devil21 View Post
    The global PPT has completely controlled markets today. They clearly are not allowing another sell-off today. Gotta keep the market numbers managed so the big guys can dump to bagholders on fabricated up-days like today. Today's charts are so obviously manipulated it's ridiculous.
    Market was oversold in the context of an uptrend. 99 out of 100 hundred Nasdaq stocks were down Wednesday. I know you think people just keep selling until stocks go to zero, but it just doesn't work that way. People get exhausted selling. A lot of things lined up for a bounce today. The SPY hit a major trendline which whether that should matter or not, people think it does so they buy and cover shorts. The SPY knifed below the lower Bollinger Band. Plus you are hitting the most favorable few days of the year right now for the market within the most favorable time of month.

  12. #40
    Quote Originally Posted by devil21 View Post
    Today's charts are so obviously manipulated it's ridiculous.
    I'm not sure if it's on topic, but here it is...
    You often post about the end of the US dollar. The following suggests that the dollar is stronger than ever!

    How does this fit in with you ideas on the end of the USD?!?

    Quote Originally Posted by Firestarter View Post
    I’m surprised that the “petro-dollar” (with lower oil prices) has increased in value because it is considered a “safe haven”.
    This has made the burden of repayment of the debt for the “poor” countries, with devaluated currencies, even more difficult.

    https://thenextrecession.wordpress.c...ith-no-escape/
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty



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  14. #41
    Quote Originally Posted by Firestarter View Post
    I'm not sure if it's on topic, but here it is...
    You often post about the end of the US dollar. The following suggests that the dollar is stronger than ever!

    How does this fit in with you ideas on the end of the USD?!?
    DXY is the equivalent of picking the healthiest horse in the glue factory. It's not a measure of the actual strength/value of a currency. Besides, 93 on the DXY is far from the strongest read the FRN has had. Notice how while markets have been selling off recently, so have Treasuries. Usually there's a flight to Treasuries when stocks get shaky. Not this time. The DXY is little more than a measure of demand for the currency. Strong readings can (and in this case probably do) indicate a dumping of dollar denominated assets (stocks, bonds, etc) to receive cash, which is then used to buy hard assets.

    Any way, I only made yesterday's post because it's relevant to the thread title. They're doing everything they can to hold up stock valuations while the big guys move out of stocks and put the cash into amassing real things, ahead of the Reset.


    Quote Originally Posted by Krugminator2 View Post
    Market was oversold in the context of an uptrend. 99 out of 100 hundred Nasdaq stocks were down Wednesday. I know you think people just keep selling until stocks go to zero, but it just doesn't work that way. People get exhausted selling. A lot of things lined up for a bounce today. The SPY hit a major trendline which whether that should matter or not, people think it does so they buy and cover shorts. The SPY knifed below the lower Bollinger Band. Plus you are hitting the most favorable few days of the year right now for the market within the most favorable time of month.
    Don't insult my intelligence. I'm well aware of the purpose of the system and the history behind it, therefore I'm also aware that everything that can be controlled and manipulated is, with systemic looting in mind. It's even easier now since the looters, operating under a british war flag, have real-time data that enables them to specifically move markets to fleece the most fiat from the most people on any given day. At this point, all else (technicals, charts, bands, etc) is complete noise and has clearly in recent memory been proven to be completely irrelevant. Anyone that is an active ticker watcher can plainly see that the daily markets are 100% centrally managed and operated in near concert for the benefit of those that already own everything.

    "The purpose of the stock market is to remove fiat from the people. It exists for no other reason." - Rofschild
    Last edited by devil21; 10-30-2020 at 02:50 PM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  15. #42
    A devastating report shows the cronyism of Queen Elizabeth’s government's £18 billion bonanza to award PPE contracts to companies not on the basis of quality or price but on the best contacts. £10.5 billion worth in contracts were awarded with no competition whatsoever.
    This is precisely how public procurement in Britain is supposed to work....

    Dominic Cummings was chief adviser to PM Boris Johnson.
    Cummings is connected to artificial intelligence firm Faculty and research company Public First, which were awarded contracts worth more than £3.8 million.

    Cummings has long-standing links to Public First, owned by James Frayne and his wife Rachel Wolf, who co-wrote the Conservative Party's 2019 manifesto. Frayne and Wolf have also worked for minister for the Cabinet Office Michael Gove.
    Cummings's association with Frayne goes back to 2000, when they worked together on a campaign against Britain joining the euro and they co-founded a think tank.
    In 2016, Faculty worked with Cummings on the Vote Leave campaign (Brexit) and in 2018 and 2019 was hired by Cummings’ company Dynamic Maps.

    A PR firm run by Lord Feldman, David Cameron's best friend and former Tory party chairman, represents a testing company that was awarded a £28 million Government contract after a meeting where Feldman advised Secretary Matt Hancock on the COVID-19 response: https://www.dailymail.co.uk/news/art...PE-fiasco.html
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  16. #43
    In October, the wonderful World Bank boasted that because of the worldwide corona lockdown of the economy:
    The COVID-19 pandemic is estimated to push an additional 88 million to 115 million people into extreme poverty this year, with the total rising to as many as 150 million by 2021, depending on the severity of the economic contraction.

    Extreme poverty, defined as living on less than $1.90 a day, is likely to affect between 9.1% and 9.4% of the world’s population in 2020, according to the biennial Poverty and Shared Prosperity Report. This would represent a regression to the rate of 9.2% in 2017. Had the pandemic not convulsed the globe, the poverty rate was expected to drop to 7.9% in 2020.
    .
    Many already poor countries will be severely hit, while also in middle-income countries many people will become extremely poor - about 82% of the total will be in middle-income countries.
    The COVID-19 lockdown has also worldwide diminished “the growth of income” of the poorest 40% of the population: https://www.worldbank.org/en/news/pr...e-poor-by-2021
    (https://archive.is/kJvgM)


    One of the African countries for which the economy has been completely destroyed is Kenya, where poverty increased with 4% (or an additional 2 million poor).
    The unemployment rate doubled to 10.4%, while even the employed saw their income drop substantially, by reducing their work hours, from averagely 50 to 38 hours per week: https://www.the-star.co.ke/business/...ty-world-bank/
    (https://archive.is/ohi4c)
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  17. #44
    Quote Originally Posted by Firestarter View Post
    One of the African countries for which the economy has been completely destroyed is Kenya, where poverty increased with 4% (or an additional 2 million poor).
    The unemployment rate doubled to 10.4%, while even the employed saw their income drop substantially, by reducing their work hours, from averagely 50 to 38 hours per week: https://www.the-star.co.ke/business/...ty-world-bank/
    (https://archive.is/ohi4c)
    Kenya keen to renegotiate debt, fees with China as coronavirus hits unprofitable Mombasa-Naivasha rail line
    https://www.scmp.com/economy/china-e...ronavirus-hits
    Poor profitability, made worse by tough Covid-19 economic conditions, were the main cause for Kenya last week to call for a renegotiation of its loan from China used to fund the 580km (360 mile) rail line, rather than the US blacklisting of Chinese state-owned engineering giant China Communications Construction Company (CCCC), which helped build the line.
    I'm sure their CCP masters will be more than happy to negotiate generous terms.

    XNN
    "They sell us the president the same way they sell us our clothes and our cars. They sell us every thing from youth to religion the same time they sell us our wars. I want to know who the men in the shadows are. I want to hear somebody asking them why. They can be counted on to tell us who our enemies are but theyre never the ones to fight or to die." - Jackson Browne Lives In The Balance

  18. #45
    With the CARES Act, Congress allowed $454 billion of “stimulus money” to be distributed by the Treasury to the Federal Reserve to “save businesses and jobs” from the destructive lockdown. Treasury Secretary Steve Mnuchin (of Skull & Bones) decides which programs are financed with this money.
    Most of the $454 billion - $340 billion - that Mnuchin would funnel to the Fed is unaccounted for.

    Bloomberg refused to expose this scandal but instead reported:
    The money in question includes $429 billion that Mnuchin is clawing back from the Fed — which backed some of the central bank’s emergency lending facilities…
    This doesn’t add up, as the Federal Reserve week by week admitted to have received “only” $114 billion from Treasury, leaving $340 billion unaccounted for (or $315 billion?).

    Mnuchin funneled tens (or hundreds) of billions of dollars of CARES Act money to a slush fund, called the Exchange Stabilization Fund (ESF), which states that it gives the U.S. Treasury Secretary “considerable discretion in the use of ESF resources”.
    At the end of 2019, the ESF had assets of $93.3 billion, while by 30 September 2020 that amount had grown to $682 billion, so grown even more than the $340 billion unaccounted CARES Act money: https://wallstreetonparade.com/2020/11/11440/
    (https://archive.is/Hn8zs)
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  19. #46
    I believe these two tweets summarize what's going on (I tried using the Tweet button for these, but nothing populated):


    https://twitter.com/EmeraldRobinson/...94052725792772

    https://twitter.com/EmeraldRobinson/...98330089594882


    Keep in mind, "Big Tech" benefits from all of this. And who was their preferred candidate of choice by many country miles? Good ol' Joe. They donated something absurd like 500 to 1 in favor of Joe. There's a few articles over it, I'll have to look for it but it's out there if anyone wants to verify.

    Big Tech has also been taking all of their queues from, you guessed it, the CCCP.

    I think the CCCP and globalist technocrats are ready for the U.S. to die its death, anoint China as the new global superpower, and institute their perverted social credit systems and keep us all on leashes. U.N. Agendas 21 and 2030 all outline the framework for these things. Unfortunately for people like us, we have a massive group of ignorant, childish, and lazy people who are willing to put their own yokes around their necks.

    But back to wealth and all of that, I certainly am not against any individual accumulating wealth. The problem we now face is that people are arguably being "hurt" (small businesses) by what's going on and these companies, like Amazon, are so deep in the government now that they're being anti-competitive by using manipulation and pulling strings within government. Can I prove that? Not really directly, perhaps. Not without a lot of digging and strings and tacks. But I do believe that's what's going on just by standing back and watching the fire burn.
    Last edited by Okie RP fan; 11-30-2020 at 09:52 PM.
    Welcome to the R3VOLUTION!

  20. #47
    Quote Originally Posted by Okie RP fan View Post
    Keep in mind, "Big Tech" benefits from all of this. And who was their preferred candidate of choice by many country miles? Good ol' Joe. They donated something absurd like 500 to 1 in favor of Joe. There's a few articles over it, I'll have to look for it but it's out there if anyone wants to verify.
    Please note that it was lying Donald that started the lockdown and billion dollar bonanza to inflate the stock bubble even further in the first place, effectively implementing BlackRock's "going direct" plan of August 2019.

    While Donald promised to open the economy, he was of course lying.
    Sleepy Joe promised to keep the lockdown (or even extend it). At least it's more honest.

    Whether Joe or Donald as US president, the only way to stop the coronavirus "pandemic", are massive protests. I'm afraid that I don't see that happening.
    Even if this "pandemic" is stopped, they will stage another "epidemic" in a couple of years or so that will be even more brutal.

    That's besides that at one point the bubble will be popped plunging the world economy in a depression never seen before...
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  21. #48
    It’s amazing how the deeply corrupt UK has such a “good” name in the world…

    In February 2020, so shortly before the COVID-19 “pandemic” was started, Queen Elizabeth selected Rishi Sunak for Chancellor of the Exchequer.
    Sunak is another Goldman Sachs alumnus.

    Before Sunak entered politrics in 2013, he founded the hedge fund Theleme, which is registered in the money laundering, tax evasion paradise of the Cayman Islands.
    Theleme owns a $500 million (£377 million) stake in the US-based Moderna; around 20% of all the money it manages ($2.5 billion). Moderna’s shares have skyrocketed because of the DNA-altering COVID-19 vaccines, engineered by Moderna.

    Sunak as a partner in a hedge fund would own a stake and have money invested in its fund. Sunak refused to declare if he profits from the ballooning Moderna stock prices. Instead he placed his investments in a “blind trust”.
    According to British politician Ed Davey:
    The truth with this trust is that the only people that are blind to it are the public. The chancellor only set up the trust 18 months ago but the public has no idea where the money is or whether there is a conflict of interest. With public trust in this government plummeting, greater transparency in all their dealings is essential and the chancellor must show a lead.
    .
    In a nice example of cronyism, Sunak awarded Theleme a nice project, to build a financial model for the UK government’s business loans programme.

    Rishi’s sister Raakhi is the COVID-19 United Nations engagement and strategy lead at the Foreign, Commonwealth and Development Office.

    Rishi Sunak’s real conflict of interest is the billionaire family of his wife Akshata Murty. Sunak “forgot” to declare his wife’s and her family's financial interests, which aren’t in a “blind trust”. The Murtys own a £1.7 billion stake in Infosys alone, that they cofounded in 1981, of which Akshata owns £430 million.
    Akshata Murty uses a shell company in another tax evasion, money laundering paradise Mauritius: https://www.theguardian.com/politics...-covid-vaccine


    Akshata’s daddy, Narayana Murthy, is on the on the board of directors of money laundering giant HSBC and was a director of DBS Bank, Unilever, ICICI and NDTV.
    Narayana is also on the advisory boards of Cornell University, INSEAD, ESSEC, Ford Foundation, the UN Foundation, the Indo-British Partnership, Asian Institute of Management, and a trustee of the Rhodes Trust.
    In 2005, Narayana Murthy co-chaired the World Economic Forum in Davos: https://en.wikipedia.org/wiki/N._R._Narayana_Murthy


    Narayana’s wife, Sudha Murty, is chairwoman of Infosys.

    Sudha started her career at the TATA Engineering and Locomotive Company (TELCO). The Tata family is one of the richest, powerful of India, who got rich by dealing opium.
    Sudha also is a member of the public health care initiatives of the Gates Foundation: https://en.wikipedia.org/wiki/Sudha_Murty


    INFOSYS aims to vaccinate the whole world for which technology is key (I’m afraid this is no joke!).
    Aadhar is the Indian digital ID card mandated for all Indians to access government services, based on iris recognition and fingerprints. Vaccination status will be added: https://www.infosys.com/newsroom/fea...le-planet.html
    (https://archive.is/yere7)
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty



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  23. #49
    Man, it sure is a good thing voters decided to go a different direction this election! /s


    Biden picks Blackrock's Brian Deese to head National Economic Council

    https://www.bloomberg.com/news/artic...onomic-council
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  24. #50
    Quote Originally Posted by Firestarter View Post
    Rishi Sunak’s real conflict of interest is the billionaire family of his wife Akshata Murty. Sunak “forgot” to declare his wife’s and her family's financial interests, which aren’t in a “blind trust”. The Murtys own a £1.7 billion stake in Infosys alone, that they cofounded in 1981, of which Akshata owns £430 million.
    Akshata Murty uses a shell company in another tax evasion, money laundering paradise Mauritius: https://www.theguardian.com/politics...-covid-vaccine
    Since March 23 2020, until the beginning of December, Infosys’ share price has more than doubled: https://archive.is/PDkAz


    Here are the major shareholders in Infosys, most if not all are (family of) the founders of the company; including several members of the Murthy (or Murty) family: https://archive.is/U7Bfi
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  25. #51
    New York Governor Andrew Cuomo has an advisory board to continue the lockdown that is dominated by billionaires and 116 corporate executives (that are or are owned by the same billionaires that own politicians).

    The 40 CEOs include:
    Albert Bourla of Pfizer;
    Ajay Banga of MasterCard;
    Danny Meyer of Union Square Hospitality Group;
    Kewsong Lee of Carlyle Group.

    Jonathan Gray is president and COO of the Blackstone Group.
    Bill Mulrow was a Secretary to Gov. Cuomo and is now senior advisor at Blackstone and on the advisory board.
    Another interesting name that advises Cuomo to keep the New York population in lockdown, is none other than Henry Cisneros, of Siebert, Brandford, Shank & Co and the notorious Cisneros clan.

    Zephyr Teachout responded:
    Cuomo is trying to take out the troubling democracy play-acting and go straight to rule by billionaires. Monday Gates. Tuesday Schmidt. Next up, Bezos to re-imagine the future of the economy, and Zuckerberg to re-imagine news. Friday maybe Blackrock just runs everything.
    https://fortune.com/2020/05/12/gover...open-new-york/
    (https://archive.is/rqfB6)


    New York Governor Andrew Cuomo is amongst those who broke his own lockdown rules.
    Other governors that broke the lockdown rules that “we” are imprisoned by.

    Gavin Newsom (California Gov.);
    Ralph Northam (Virginia Gov.): https://dailycaller.com/2020/11/24/n...d-coronavirus/
    (https://archive.is/LuaeO)
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  26. #52
    The total net worth of the 651 billionaires in the US rose from $2.95 trillion (on 18 March) to $4.01 trillion (on 7 December) - a rise of 36%...


    The top 10 billionaires combined are now worth more than $1 trillion.
    Dan Gilbert, chairman of Quicken Loans, saw his wealth rocket from $6.5 billion to $41.8 billion (+543%).

    Nearly 67 million Americans lost work from 21 March to 7 October 2020.
    98,000 businesses in the USA have permanently closed.

    Nearly 26 million Americans reported their household not having enough food in November.
    From 28 October to 7 November, 7 to 11 million American children lived in a household where their parents could not afford enough food: https://www.globalresearch.ca/net-wo...-began/5731746
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  27. #53
    In the UK, special procurement channels were set up to award PPE contracts to VIPs at inflated prices!
    As a matter of policy, prices of 25% above the average were paid to “VIP” suppliers, who made enormous profits on contracts sometimes worth hundreds of millions of pounds, knowing that 25% above “normal” prices would be paid.


    Cabinet Office was feeding its contacts to these VIPs, outside the normal public procurement process.


    PPE contracts were awarded to dubious companies, if only they had good connections.
    P14 Medical Limited, controlled by former Conservative Councillor Steve Dechan, was awarded 3 contracts worth over £276 million despite having negative £485,000 in net assets.
    PPE Medpro, founded by the former business associate of Conservative peer Baroness Mone, was awarded 2 contracts worth over £200 million, just 7 weeks after it was set up.

    SG Recruitment UK Limited won 2 PPE contracts worth more than £50 million, despite concerns about its solvency.
    Tory Peer Lord Chadlington sits on the Board of its parent company, Sumner Group Holdings Limited: https://goodlawproject.org/news/spec...ment-channels/
    (https://archive.is/e9VHh)


    The same Sumner Group Holdings (SGH), now chaired by Lord Chadlington, since 2018 is in business with the drug trafficking, money laundering Orlando Sanchez Paredes.
    Sumner knew that the Paredes the clan “is a large, high-profile Peruvian family, members of which have been publicly associated with money laundering and cocaine smuggling”.

    Chadlington’s brother is former cabinet minister John Selwyn Gummer.

    Lord Chadlington’s daughter Naomi’s wedding was attended by Bullingdon Boy, then-PM David Cameron and wife; Jeremy Hunt later health secretary; Henry Allsopp; and the ex of Randy Andy, Duchess Camilla (godmother to the groom): https://www.dailymail.co.uk/news/art...E-bonanza.html


    Moderna CEO Stephane Bancel is part of the World Economic Forum (of the Great Reset).
    He has also worked as an executive of the notorious Eli Lilly pharmaceutical giant: https://www.weforum.org/agenda/authors/stephane-bancel
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  28. #54
    Here's an unpopular idea; billionaires are billionaires because they're more productive than you (and me)?

    Perhaps the people who produce absolutely amazing services like Amazon should not be demonized?



    Bezos for President (seriously, I'd donate to that).

  29. #55
    Quote Originally Posted by r3volution 3.0 View Post
    Here's an unpopular idea; billionaires are billionaires because they're more productive than you (and me)?

    Perhaps the people who produce absolutely amazing services like Amazon should not be demonized?



    Bezos for President (seriously, I'd donate to that).
    Amazon wouldn't even be profitable if not for their government AWS contracts. It's barely profitable, considering profits relative to revenues, even with them (only 4% margin). Shows that Amazon is a subsidized social engineering tool more than a model of capitalistic productivity.

    (Besides, Bezos for President? Wow. I thought the ruling class already considered us to be expendable slaves. Bezos would take that notion to a whole different level.)
    Last edited by devil21; 12-22-2020 at 10:01 AM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  30. #56
    Quote Originally Posted by devil21 View Post
    Amazon wouldn't even be profitable if not for their government AWS contracts. It's barely profitable, considering profits relative to revenues, even with them (only 4% margin). Shows that Amazon is a subsidized social engineering tool more than a model of capitalistic productivity.

    (Besides, Bezos for President? Wow. I thought the ruling class already considered us to be expendable slaves. Bezos would take that notion to a whole different level.)
    Would you elaborate on that?



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  32. #57
    Quote Originally Posted by r3volution 3.0 View Post
    Here's an unpopular idea; billionaires are billionaires because they're more productive than you (and me)?

    Perhaps the people who produce absolutely amazing services like Amazon should not be demonized?



    Bezos for President (seriously, I'd donate to that).

    You didn't get the memo. All billionaires are combination of lucky and government parasites. The real heroes are people who bitch about billionaires on the internet. The founders of Wal-Mart, Home Depot, Amazon, Google, Koch Industries are evil, evil people destroying mother Earth. Life would be so much better when you had to pay more, had to go to multiple stores to find what you want, and had to rely on home spun wisdom from Grand Papi instead of being able to gain any knowledge you want for free with the click of a mouse.

    Quote Originally Posted by r3volution 3.0 View Post
    Would you elaborate on that?
    It's untrue. There is nothing to elaborate on. https://www.geekwire.com/2019/true-a...loud-windfall/

    Amazon could have shown a profit anytime they wanted for a long time. They didn't for a long time because showing a profit means paying taxes. So they took all of their excess cash flow and constantly reinvested it to make the most innovative company in the world. It makes me so mad that I can get whatever I want for cheaper in two days. Whatever happened to the little guy with the corner book store. I miss the corner book store with one or two randomly selected titles on a topic I might be interested in for ten times the price. Why do I need to so much choice?
    Last edited by Krugminator2; 12-23-2020 at 07:52 PM.

  33. #58
    Quote Originally Posted by Krugminator2 View Post
    You didn't get the memo. All billionaires are combination of lucky and government parasites. The real heroes are people who bitch about billionaires on the internet. The founders of Wal-Mart, Home Depot, Amazon, Google, Koch Industries are evil, evil people destroying mother Earth. Life would be so much better when you had to pay more, had to go to multiple stores to find what you want, and had to rely on home spun wisdom from Grand Papi instead of being able to gain any knowledge you want for free with the click of a mouse.

    ...

    It's untrue. There is nothing to elaborate on. https://www.geekwire.com/2019/true-a...loud-windfall/

    Amazon could have shown a profit anytime they wanted for a long time. They didn't for a long time because showing a profit means paying taxes. So they took all of their excess cash flow and constantly reinvested it to make the most innovative company in the world. It makes me so mad that I can get whatever I want for cheaper in two days. Whatever happened to the little guy with the corner book store. I miss the corner book store with one or two randomly selected titles on a topic I might be interested in for ten times the price. Why do I need to so much choice?
    Indeed

    Well, except for Google...

    There we need more choices, as I am oppressed by this monopoly which provides me with awesome services for $0/forever.

  34. #59
    Quote Originally Posted by Krugminator2 View Post
    You didn't get the memo. All billionaires are combination of lucky and government parasites. The real heroes are people who bitch about billionaires on the internet. The founders of Wal-Mart, Home Depot, Amazon, Google, Koch Industries are evil, evil people destroying mother Earth. Life would be so much better when you had to pay more, had to go to multiple stores to find what you want, and had to rely on home spun wisdom from Grand Papi instead of being able to gain any knowledge you want for free with the click of a mouse.



    It's untrue. There is nothing to elaborate on. https://www.geekwire.com/2019/true-a...loud-windfall/

    Amazon could have shown a profit anytime they wanted for a long time. They didn't for a long time because showing a profit means paying taxes. So they took all of their excess cash flow and constantly reinvested it to make the most innovative company in the world. It makes me so mad that I can get whatever I want for cheaper in two days. Whatever happened to the little guy with the corner book store. I miss the corner book store with one or two randomly selected titles on a topic I might be interested in for ten times the price. Why do I need to so much choice?
    Man, I don't even know where to start with that linked article. Could have shown a profit does not equal showing a profit, never mind that their claimed retail profit is based in large part, ime, on fraudulent listings. Amazon's profit has officially been tied to AWS gov contracts for most of its existence and the article claims (based on Amazon's claims alone) that retail is now profitable.

    Whether Amazon chose to reinvest instead of posting profit is an internal decision, but my assertion still stands. Funny accounting over less than a couple of years doesn't change that, nor does Amazon's retail problems of consistently refusing to correct intentionally misleading product listings.

    Don't misunderstand me as being an Amazon hater overall. I do purchase a fair amount of business items through Amazon but I know that they refuse to correct intentionally misleading postings (fakes, outright intentional Chinese manufacturer false advertising which leads to inflated prices and inflated retail margins for Amazon, among other issues), so it stands to reason that their retail business is buoyed to some extent by flat out fraud and it's probably the amount that make retail show any kind of recent profit, not unlike how Tesla's "profits" aren't from car sales but from carbon credits. Any way, it's still a social engineering tool first and foremost. It is a business second.

    Amazon could truly be an awesome service but it instead chooses to ignore vast amounts of fraud on its own retail website.


    eta: To add a sharp point to this post, I received an expensive item from Amazon today for a contracted business project. Paid for Prime upgrade to expedite shipping and a premium for the particular item. Guess what? Wrong item showed up today. Amazon now refuses to offer overnight shipping for any items and definitely will not do it to correct their own error. So, now I have paid a Prime premium directly to Amazon, didn't receive what I ordered, and most of the "perks" that got Amazon such a huge market share in the first place, such as fast logistics, same-day and next day guaranteed delivery options, etc are now being taken away as it develops a monopoly during the coronahoax-led gutting of small business. Plus I have to spend more money and time to return the wrong item, eating into my own margins, and piss off the customer with a project delay.

    **This is what happens when unprofitable zombie corporations are subsidized to build monopolies. Quality goes into the toilet because competition is no longer a threat.**
    Last edited by devil21; 12-28-2020 at 04:58 AM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  35. #60
    Quote Originally Posted by r3volution 3.0 View Post
    Here's an unpopular idea; billionaires are billionaires because they're more productive than you (and me)?
    Yeah sure whatever, they're great at having nice conversations with their wealthy friends and cronies!


    Quote Originally Posted by r3volution 3.0 View Post
    Bezos for President (seriously, I'd donate to that).
    The following thread (with more dubious posts by @Krugminator2) shows that the whole game is rigged.

    Bezos, Zuckerberg, Blavatnik, Peter Thiel, Bronfman, Clinton and Kushner all on the same team: Bronfman-Clinton-Bezos-and-Facebook-insider-trading
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

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