Archive for the ‘Big Business’ Category

CHINA’S PLAN TO DESTROY AMERICA’S ECONOMY

Monday, March 23rd, 2020

 

Commentary: China’s Post-Virus Plan to Destroy America’s Economy

by Curtis Ellis  Curtis Ellis is policy director with America First Policies. He was also a senior policy advisor with the Donald J. Trump presidential campaign in 2016.
Photo “Xi Jinping” by Narendra Modi. CC BY-SA 2.0.
EXCERPT FROM THIS ARTICLE:  Beijing sees an opportunity in the pandemic to reverse President Trump’s call to move manufacturing out of China……
China plans to target the very industries hit hardest by the pandemic and use the same predatory practices it has used in the past to subjugate the world’s industries……. Not to put too fine a point on it, “proliferate information technologies” means wheeling out techno-surveillance Trojan Horses, integrating temperature monitoring with facial recognition, big data, artificial intelligence, and government-monitored social credit scores.

Beijing has a plan to gain ground after the setback it experienced from the Wuhan virus. It is deploying all its resources—industrial, economic, and information—to achieve its goal.

Remember that when you hear “respected voices” such as the U.S. Chamber of Commerce, the National Association of Manufacturers or the Peterson Institute for International Economics call for lifting tariffs on China.

Like the New York Times, they are simply swallowing Beijing’s sophisticated propaganda.

 

The virus that originated in Wuhan, China poses a double threat to America.

The first is to our health as the virus spreads through the U.S. population. The second is to our economy as more businesses, schools, and events shut down to slow the spread of the contagion.

We must not underestimate the economic threat because the Chinese Communist Party is using the pandemic to achieve its goal of supplanting the United States as the world’s leading economic, diplomatic, and military power.

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VIDEO – BILL GATES – 2015 WE ARE NOT READY FOR A FUTURE VIRUS EPIDEMIC

Saturday, March 21st, 2020

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VIDEO – CULTURE OF CORRUPTION IN THE DEPTH OF THE SWAMP

Monday, March 16th, 2020

 

This is an incredibly shocking  video of a talk that Adam Andrzejewski, founder and CEO  of openthebooks.com  gave regarding waste, fraud, corruption and abuse in all levels of our  government at a Hillsdale College event .   He names all those that are involved in the abuse of our taxpayer money.   This is not a Republican or a Democrat issue as the corruption is widely spread  throughout  our government. If this level of corruption is allowed to continue, our country will be greatly damaged.   Please share with all your contacts.     Nancy
VIDEO  – CULTURE OF CORRUPTION IN THE DEPTH OF THE SWAMP

Adam Andrzejewski | The Depth of the Swamp

March 5, 2020
Adam Andrzejewski is the founder and CEO of openthebooks.com, the world’s largest database of public sector spending, whether at the federal, state, or local level
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OUTSOURCING CAN BE DEADLY

Saturday, March 14th, 2020

 

This is a very sobering article.  It is so very important that we gain control of our medical supply chain.  Coronavirus may be a blessing in disguise as we now are all aware of how dependent we have become on other countries for our health and well being.  Nancy

It May Not Be the Virus That Kills Me

Many lives depend on the medical supply chain, which Covid-19 will severely test.

March 12, 2020

With each passing day, the coronavirus pandemic reveals that many of our lives hang by a thin fiber-optic thread that can snap at any time. As more people are quarantined and businesses grind to a halt, supply chains will break down. While this will have negative economic consequences for all, for many of us it will be a matter of life and death.

My life depends on an artificial pancreas I wear on my belt. Without the insulin it delivers 24/7, I would die within a few days. I’m not sure where the insulin and components for my pump and the related sensors, transmitter and continuous glucose monitor are produced. The supply chain of the world’s largest insulin producer, Novo Nordisk, runs through the U.S., Brazil, Denmark, France, China, Russia, Algeria and Japan.

When I started a different insulin pump two years ago, the company could send me only three sensors at a time, each of which lasted a week, because its factory in Puerto Rico had been damaged by Hurricane Maria. Today Beijing is the problem. If insulin or anything related to my pump comes from China, I am in trouble.

But if it hadn’t been Covid-19, it would have been something else. The advent of the internet made it much easier for companies to outsource production to foreign countries where labor costs are lower. Combine this with the popularity of just-in-time production, which minimizes excess inventory, and you have long, vulnerable supply chains. Like many other corporations, large drugmakers have engaged in extensive outsourcing. Though this system may be economically efficient, it is perilous for people whose lives depend on reliable delivery of medical materials. In a crisis, timely deliveries are all the more important, while the supply chain is under all the more strain.

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BLOOMBERG SELLS ‘SUSTAINABILITY,’ BUT BUYER BEWARE

Wednesday, March 4th, 2020

 

THE WALL STREET JOURNAL

Bloomberg Sells ‘Sustainability,’ but Buyer Beware

Virtue-signaling corporate standards may be better for financial firms than they are for investors.

By Allysia Finley Ms. Finley is a member of the Journal’s editorial board.  March 2, 2020

EXCERPT FROM THIS ARTICLE:Yet Mr. Bloomberg’s ultimate goal is to encode his standards in federal regulation. In his campaign proposal for financial reform, he says he’d urge the Securities and Exchange Commission to adopt a rule “requiring companies to publish information on the racial and gender composition of their boards, senior executives, hiring, pay and procurement,” as well as “climate risks.” If such a rule were adopted, companies could get sued even for unintentionally misreporting information. Trial lawyers stand to make out big.

Liberals like to say that sustainability is good for business—but mainly for those promoting it.

  

Michael Bloomberg became one of the world’s richest men by creating a financial software and data-analytics business to assist investors. He has since used his wealth to promote progressive causes. Now he’s standing behind a nonprofit financial venture that helps others cash in on liberal corporate virtue. Its name is the Sustainability Accounting Standards Board.

Mr. Bloomberg bankrolled the outfit, which was founded in 2011, to impose his enlightened political and cultural values on American corporations. SASB drew more attention in January when BlackRockCEO Larry Fink threatened to use his firm’s massive ownership stakes to oppose corporate managers who fail to follow the board’s standards.

SASB is modeled on the Financial Accounting Standards Board, which governs how businesses report financial information. It has a nine-member board that sets guidelines on the kinds of “sustainability” information corporations should disclose to investors. This information is supposed to be “material” to a company’s long-term financial performance.

Materiality is essentially a progressive term of art. SASB’s standards vary across 77 industries based on what its “stakeholders”—academics, attorneys, auditors, asset managers and businesses—consider important. Greenhouse-gas emissions are “material” to food and beverage companies but not to those that make consumer goods. Safeguarding customer welfare is important for health insurers though oddly not for airlines or banks.

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NIKKI HALEY – CAPITALISM VERSUS SOCIALISM

Thursday, February 27th, 2020

 

THE WALL STREET JOURNAL

This Is No Time to Go Wobbly on Capitalism

As Democrats embrace outright socialism, some CEOs and Republicans call for unwise compromises.

By Nikki Haley    Ms. Haley served as governor of South Carolina, 2011-17, and U.S. ambassador to the United Nations, 2017-18. This op-ed is adapted from a speech she delivered Wednesday to the Hudson Institute. February 26, 2020

There’s an important debate happening in America right now, a competition among three distinct views of the world. The first view is held by those who think capitalism is the best and fairest economic system the world has ever seen. The second is held by those who think socialism is the answer to a host of problems from climate change to inequality. Then there are those who are pushing a watered-down or hyphenated capitalism, which is the slow path to socialism.

Mark me down as a capitalist. I grew up in South Carolina as the daughter of Indian immigrants. My mom started a small business selling clothes and gifts. She worked hard and showed my brothers, my sister and me what it meant to live the American dream. The U.S. is a country where people can find jobs that match their talents and passions. America has lifted up more people and unleashed more prosperity than any other country in human history.

In 1800, you were lucky if you lived to be 40. A third of children didn’t live past 5. Since then, the U.S. has become an industrialized nation. Average real income per person has soared by 4,000% since 1800. Medical breakthroughs mean Americans live much longer. In 1820, 94% of the world lived in extreme poverty, earning less than $1.90 a day, adjusted for purchasing power. Today that figure is closer to 10%. Because of capitalism, the world is cleaner, healthier and wealthier than ever.

As governor of South Carolina, I saw capitalism work. Pro-market policies helped bring our state more than $20 billion in capital investment and created jobs in every county. But I saw something different during my time as ambassador to the U.N. I was reminded that not every country enjoys the same freedom and prosperity. More than 1.5 billion people still suffer under socialist regimes.

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BLOOMBERG’S SUSTAINABILITY ACCOUNTING STANDARDS BOARD (SASB)

Thursday, February 20th, 2020

 

THE WALL STREET JOURNAL

Bloomberg’s Business Nanny

The Sustainability Accounting board is a stalking horse for progressive politics.

The Editorial Board   February 18, 2020

BlackRock CEO Larry Fink recently made a splash by threatening to vote against corporate managers who don’t disclose an array of non-financial information as directed by the Sustainability Accounting Standards Board. But what is SASB, and where is this all going?

Michael Bloomberg founded SASB in 2011 as a shadow regulator for his policy agenda. SASB claims to be modelled on the Financial Accounting Standards Board (FASB), a nonprofit with the imprimatur of the Securities and Exchange Commission that regulates how corporations account for and disclose financial information.

SASB’s nine-member standards board issues guidelines for what kinds of sustainability information corporations should report to investors. Yet while financial accounting is more or less uniform for all businesses, SASB standards vary across 77 industries. Tracking the minutia will provide a lifetime job guarantee for corporate auditors.

Consumer banks have to disclose how many “no-cost retail checking accounts” they provide “to previously unbanked or underbanked customers.” Investment houses must document loans that incorporate “environmental, social and governance” factors. Casinos have to report the share of employees who work where smoking is allowed.

SASB requires businesses in most high-paying industries to disclose workforce diversity. “Hiring foreign nationals to compensate for shortages in local talent can create risks related to perceived social implications,” SASB says. That’s interesting because Mr. Bloomberg’s private media company, Bloomberg LP, reports 17% of its U.S. workers are foreign nationals while 10% are black or Latino. Under SASB this means Bloomberg needs to “improve employee engagement and work-life balance” to recruit more minorities and women.

Some standards would require a wild goose chase, literally. Restaurants must report their share of cage-free eggs and pork produced without gestation crates. Why not grass-fed beef and hormone-free chicken—or vegan meals, as the outfit Vegan Finance suggested in a public comment posted on SASB’s website?

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‘PROFILES IN CORRUPTION’ – NEW PETER SCHWEIZER BOOK ON THE BIDEN FAMILY

Tuesday, January 21st, 2020

 

Below are two articles about the book, ‘Profiles in Corruption’ by Peter Schweizer regarding the Biden family that will be released tomorrow.  Nancy  

‘Profiles in Corruption’ Contains 1,126 Endnotes, No Unnamed Sources

By Rebecca Mansour    January 19, 2020

The forthcoming bombshell investigative book Profiles in Corruption: Abuse of Power by America’s Progressive Elite contains 1,126 endnotes totaling 83 pages of source material, Breitbart News has learned.

In addition, the book contains no unnamed sources. Instead, it is based on hard evidence and documents, including: foreign and domestic corporate and legal records, tax liens, lobbyist disclosures, property records, White House visitor logs, federal bankruptcies, and federal criminal trial records.

Publishing giant HarperCollins has kept Profiles in Corruption under a strict embargo. The book will reportedly expose how five members of Joe Biden’s family—the “Biden Five”—scored “tens of millions of dollars” in taxpayer money and guaranteed loans. In addition, the book is said to contain never-before-reported bombshell revelations about Bernie Sanders, Elizabeth Warren, Kamala Harris, Amy Klobuchar, Cory Booker, Sherrod Brown, and Eric Garcetti.

Last week Amazon named the book its “most anticipated” nonfiction book based on pre-sale volume. Ten days before the book’s January 21 release, it had already hit #1 on Amazon across all book genres.

The book’s writer, Government Accountability Institute President and Breitbart News senior contributor Peter Schweizer, is a five-time New York Times bestseller author who penned Clinton Cash and Secret Empires. According to Axios, Schweizer and his GAI team of investigators spent a year and a half researching Profiles in Corruption: Abuse of Power by America’s Progressive Elite.

Sean Hannity will kick off the book’s official launch on Monday.

 

nypost.com/2020/01/18/how-five-members-of-joe-bidens-family-got-rich-through-his-connections/

How five members of Joe Biden’s family got rich through his connections

By Peter Schweizer     January 18, 2020

Political figures have long used their families to route power and benefits for their own self-enrichment. In my new book, “Profiles in Corruption: Abuse of Power by America’s Progressive Elite,” one particular politician — Joe Biden — emerges as the king of the sweetheart deal, with no less than five family members benefiting from his largesse, favorable access and powerful position for commercial gain. In Biden’s case, these deals include foreign partners and, in some cases, even US taxpayer dollars.

The Biden family’s apparent self-enrichment involves five family members: Joe’s son Hunter, son-in-law Howard, brothers James and Frank, and sister Valerie.

When this subject came up in 2019, Biden declared, “I never talked with my son or my brother or anyone else — even distant family — about their business interests. Period.”

As we will see, this is far from the case …

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IS DONALD TRUMP ‘PROFOUNDLY UNCONSERVATIVE’?

Saturday, January 18th, 2020

 

THE WASHINGTON TIMES

Is Donald Trump ‘profoundly unconservative’?

No. It doesn’t match his shrinking regulations and limiting government

by Allan H. Ryskind   Allan H. Ryskind, a former editor and owner of Human Events, is the author of “Hollywood Traitors” (Regnery, 2015)

December 31, 2019

Prominent liberal Fareed Zakaria insists that Donald Trump “has been profoundly unconservative” because he’s abandoned what “Republicans used to call the core of their agenda — limited government.” But it’s hard to take the charge seriously, even though some conservatives have sent his piece around for comment to see if he’s onto something. Yet no politician in recent memory has restricted the reach of government at both the federal and state level more than the current occupant of the Oval Office.

Mr. Trump’s drastic shrinking of federal economic regulations, opening vast expanses of federal lands for energy exploration, drawing overseas businesses home with tax breaks and passing major tax cuts for corporations and individuals have generated an explosion of well-paying jobs, personal wealth and soaring wages, as well as the lowest level of unemployment for minorities on record. Some 7 million new jobs have been created during Mr. Trump’s presidency and more than 100 million American shareholders have watched the market jump 55 percent since his election.

You’d think Mr. Zakaria would be celebrating Mr. Trump’s low-tax, pro-growth economic agenda as not only core Republicanism but virtually Reaganesque. Increasing prosperity by stimulating market forces without enacting high taxes and big government programs is, of course, how conservatives try to keep government limited.

Mr. Zakaria concedes that Mr. Trump has delivered what conservatives have wanted in the realm of “social and cultural policy,” such as “appointing judges, tightening rules related to abortion and asylum, etc.” but suggests they have little to do with taming the Leviathan.

Really? Stacking the courts with judges steeped in the philosophy of federalism is, of course, precisely the way to limit government on both the economic and cultural fronts. Mr. Zakaria may ignore the threat, but Democratic Party presidential candidates, along with their media support groups, are panicked over the president’s court selections.

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TRUMP – EXISTENTIAL THREAT TO NEW WORLD ORDER

Saturday, January 4th, 2020

 

GUEST EDITORIALS

EDITORIAL: TRUMP – Existential Threat to New World Order

Published: 01 October 2019
Written by James D. Veltmeyer, MD

EDITORIAL – The ongoing attacks by the political establishment on President Donald Trump –which began even before he was elected – are without parallel in history. The savagery, frenzy, and outright hysteria displayed by the President’s enemies within the Democrat Party, the media, and the various power centers of the globalist elites have no prior precedent.

This President has been spied on, lied about, made the subject of phony foreign dossiers, insulted, ridiculed, scorned, mocked and threatened. We have witnessed Hollyweird celebrities advocate for blowing up the White House, demand the President be beaten, jailed or even assassinated, and his children tortured and sexually abused.

We have seen politicians in Washington try to convict the President of non-existent crimes, investigate him and his family members for everything from tax returns to guests at his hotels, project on to him crimes that they themselves have committed, and seed his Administration with leakers and double-agents.

No other President in American history has been treated in such a shameful manner. Not Lincoln. Not FDR. Not Nixon. Not Reagan.

What is it about this President that has roused such demons in his political foes?  What is it about this President that drives his opponents to the brink of insanity? What is it about this President that so terrifies and terrorizes the Pelosis, Schiffs, Schumers and the George Soroses?

Is it simply that he is not part of the club, a brash outsider with a different style? Is it merely because he’s outspoken and tramples on political correctness? Is it because he’s sometimes unpresidential in his demeanor ( at least in their minds )?

Not at all. After all, aren’t these the same folks who loved Bill Clinton whose extracurricular activities involved cigars and staining blue dresses in the Oval Office?

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