Archive for the ‘Bloomberg’ Category

VIDEO – VICTOR DAVIS HANSON – TOP-DOWN ANARCHY

Monday, February 20th, 2023

 

Victor Davis Hanson, the best of the best.  A must watch video !  Nancy
February 14, 2023

Victor Davis Hanson: The Chinese Spy Balloon, Orwellian Newspeak, and the Top-Down Revolution Engulfing America

American Thought Leaders

AMERICAN THOUGHT LEADERS

JAN JEKIELEK

“I’m just bewildered that these two evil regimes are so asymmetrically treated as we saw with the balloon … Had Russia done that, we would have shot that down the moment it got near the Aleutians,” says Victor Davis Hanson, a classicist, military historian, and author of a number of best-selling books, including most recently “The Dying Citizen.”

In this broad-ranging interview, we discuss the Chinese spy balloon, Orwellian newspeak, and the woke revolution he sees gripping America.

“When they were trapped about the balloon, the new Soviet talking point came: ‘Balloons came in during Trump. Trump ignored them. Trump ignored balloons.’ And that talking point, it was sort of like the old Roman maxim that a lie travels around the world before the truth can catch up. And that’s how they operate.”

Unlike the protests of the 1960s, this current woke revolution “was staged from the top,” Hanson says. “The left was not marching on the Pentagon. The left was not marching on the campus administrator. The left was not marching on Anaconda Copper or I.T.T. as they had been. They were inside the boardroom. They were inside the president’s office. They were inside the FBI. They were inside the CIA. They were inside the Pentagon.”

Ultimately, we are witnessing the unraveling of Western civilization, Hanson says.

“It’s actually an attack on meritocracy, and the whole empirical system of hiring the most qualified better person for the stability and success of society … Where this ultimately goes … it means that, as you see in Cuba or Venezuela or Colombia, very successful societies start to break down and they can’t deliver the essentials of life because they have a commissariat, a commissar system of ideology trumping empiricism,” Hanson says.

FULL TRANSCRIPT

Jan Jekielek:

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VIDEO – MONOPOLY- WHO OWNS THE WORLD

Saturday, October 30th, 2021
VIDEO – MONOPOLY – WHO OWNS THE WORLD?  

STORY AT-A-GLANCE

  • A handful of mega corporations — private investment companies — dominate every aspect of our lives; everything we eat, drink, wear or use in one way or another. These investment firms are so enormous, they control the money flow worldwide
  • While there appear to be hundreds of competing brands on the market, like Russian nesting dolls, larger parent companies own multiple smaller brands. In reality, all packaged food brands, for example, are owned by a dozen or so larger parent companies
  • These parent companies, in turn, are owned by shareholders, and the largest shareholders are the same in all of them: Vanguard and Blackrock
  • No matter what industry you look at, the top shareholders, and therefore decision makers, are the same: Vanguard, Blackrock, State Street and/or Berkshire Hathaway. In virtually every major company, you find these names among the top 10 institutional investors
  • These major investment firms are in turn owned by their own set of shareholders. One of the most amazing things about this scheme is that the institutional investors also own each other. They’re all shareholders in each other’s companies. At the very top are Vanguard and Blackrock. Blackrock’s largest shareholder is Vanguard, which does not disclose the identity of its shareholders due to its unique structure

Until recently, it appeared economic competition had been driving the rise and fall of small and large companies across the U.S. Supposedly, PepsiCo is Coca Cola’s competitor, Apple and Android vie for your loyalty and drug companies battle for your health care dollars. However, all of that turns out to be an illusion.

Since the mid-1970s, two corporations — Vanguard and Blackrock — have gobbled up most companies in the world, effectively destroying the competitive market on which America’s strength has rested, leaving only false appearances behind.

Indeed, the global economy may be the greatest illusionary trick ever pulled over the eyes of people around the world. To understand what’s really going on, watch Tim Gielen’s hour-long documentary, “MONOPOLY: Who Owns the World?” above.

 

 

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VIDEO- GLOBALISTS UNITE AGAINST FREEDOM – LAURA INGRAHAM

Saturday, November 21st, 2020

 

VIDEO   LAURA INGRAHAM    November   20, 2020
GLOBALISTS UNITED AGAINST  FREEDOM
GLOBAL ELITES SUBVERT YOUR RIGHTS WITH ONEROUS CLIMATE POLICIES  – ” DO WHAT YOU ARE TOLD” 
Laura Ingraham on Joe Biden, Mike Bloomberg’s plan to subjugate America to international whims.
THE END GOAL: INDIVIDUAL RIGHTS WILL BE SUBJUGATED TO GLOBAL RIGHTS
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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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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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DEMOCRATS – THE INCOMPETENCE PARTY

Monday, February 17th, 2020

 

THE WALL STREET JOURNAL

The Incompetence Party

The Democrats’ biggest problem isn’t Bernie Sanders. It’s that many voters doubt the party’s ability to govern anymore.

 
By Daniel Henninger  February 12, 2020
 

Now that Bernie Sanders—once an obscure socialist senator from Vermont—is officially the front-runner for the Democratic presidential nomination, it is time to confront what that means.

It does not mean the U.S. is flirting with socialism. That’s not going to happen. The meaning of Bernie’s ascent is that the Democratic Party, older even than he is, has simply run out of gas.

The Democrats resemble Europe’s aging political parties—Britain’s Labour, France’s Socialists, Germany’s Social Democrats and Christian Democrats. All have simply deflated with voters.

Signs of public fatigue with the Democrats could be seen in Iowa and New Hampshire.

Besides incompetence, the big story out of Iowa was low turnout. In New Hampshire the story was voter indecision. Once past Bernie’s 25% cement-block base, many voters were flipping a coin in the voting booth to pick from the other candidates.

What does it mean that Elizabeth Warren, by now a household name, got dropped to fourth place? Joe Biden’s humiliating fifth is a personal disaster, but what does that say about the party itself?

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