Category Archives: Money

The Markets Are Rigged (Corbett Report)

From James Corbett. Watch at the link below.

At base, the markets are a con game where the rich and powerful employ a raft of confidence men to lure suckers into the latest mania. In this game, the suckers are the general public who are left holding the bag as the market bubble bursts while the smart money swoops in to buy up the leftover assets at pennies on the dollar. In this week’s edition of The Corbett Report, James Corbett pulls back the curtain on the Wall Street casino and reveals how the house always wins the rigged games.

TRANSCRIPT AND MP3 AUDIO : https://www.corbettreport.com/markets/

Note: The Wall Street Gang by Richard Ney is an excellent read on topic. I purchased it real cheap online back in 2005 or thereabouts. I see it’s now selling from between $300 & $1000 US. No precis of the book either. I’ve noticed this with another book about land ownership … it’s a time when these truths only a few noticed back then, are coming to the fore. They don’t of course want you to know so the book becomes ‘inaccessible’. EWR

Photo: Corbett Report screenshot

Is it just “coincidence” that both Bill Gates and Jeff Bezos decide to get divorced within the same year as an imminent $ crash?

From markcrispinmiller.com

Much as we would like to think that Bill/Melinda’s split is somehow due to his enormous crimes against humanity (in which she’s been avidly complicit) and/or his sex life (I don’t want to think about it), this clear-eyed speculation makes more sense. Is it just “coincidence” that both Bill Gates and Jeff Bezos decide to get divorced within the same year, just before the crash of the economy? Probably not. Scroll down below the ZeroHedge piece to see the piece about the two divorces.” MCM

Everything Is Crashing: Stocks, Bonds, Crypto, Commodities All Tumble

BY TYLER DURDEN WEDNESDAY, MAY 19, 2021 – 07:49 AM

Everything is tumbling!

Global stocks and US index futures fell for the third straight session, led by the Nasdaq 100, bonds and commodities dropped and crypto crashed ahead of today’s release of the April Fed minutes after the ECB warned the euro-area faces elevated risks to financial stability as it emerges from the pandemic with high debt burdens and “remarkable exuberance” coupled with resurgent worries over inflation and coronavirus flareups.

The yield on 10-year Treasury notes touched a one-week high of 1.67%, driving down shares of Apple, Microsoft and Facebook by about 1% premarket. Dow e-minis were down 252 points, or 0.65%, S&P 500 e-minis were down 42.25 points, or 1.0%, and Nasdaq 100 e-minis were down 170.75 points, or 1.24%.  

https://www.zerohedge.com/markets/everything-crashing-stocks-bonds-crypto-commodities-all-tumble

What do Jeff Bezos and Bill Gates divorces have in common?

Liquidation of stock options. Both are rich on paper…but

what does that mean exactly? Their wealth is tied directly

into their companies stock prices. If the stock crashes, so

does their wealth.

Now, ask yourself this. How do you cash in massive amounts

of your companies stocks without needing to notify shareholders?

Answer? Get divorced.

Two of the richest people in the world, Gates and Bezos, just happen

to be getting divorced in the same 365 days – moments before an

economic collapse is scheduled to happen. Coincidence?

If you’re not reading between the lines that they are liquidating stock

to save their asses, you’re not clued in. Something big is on the horizon.

War on Cash: The Next Phase

via Health Impact News

by James Rickards
The Daily Reckoning

Excerpts:

With so much news about an economic reopening, a border crisis, massive government spending and exploding deficits, it’s easy to overlook the ongoing war on cash.

That’s a mistake because it has serious implications not only for your money, but for your privacy and personal freedom, as you’ll see today.

Cash prevents central banks from imposing negative interest rates because if they did, people would withdraw their cash from the banking system.

READ MORE

https://healthimpactnews.com/2021/war-on-cash-the-next-phase/

Why Are Moderna Executives Dumping Their Stock?

From mercola.com

In the 20 years that vaccine makers have tried to develop a coronavirus vaccine, efforts have failed due to dangerous, many times lethal, side effects

Story at-a-glance

  • Results from Moderna’s Phase 1 human trial revealed the 100-mcg dose vaccine — which had a 100% side effect ratio after the second dose — is proceeding to Phase 3 trial assessment
  • Moderna has no legal rights to a key patent for its vaccine delivery system. Moderna sought to invalidate the patent for lipid nanotechnology owned by Arbutus Biopharma but lost the challenge at the end of July 2020
  • Executives at Moderna have cashed in stock options, raking in about $90 million in personal profits since January. Two Moderna executives have now sold off all of their stock holdings in the company, and its general counsel has sold nearly all of hers
  • AstraZeneca has temporarily halted its Phase 3 vaccine trials due to “a suspected serious and unexpected adverse reaction” in a British participant
  • AstraZeneca did not divulge the nature of the adverse reaction, but an anonymous source claims the trial participant was found to have transverse myelitis, an inflammatory condition that affects the spinal cord and is frequently triggered by viral infections

The U.S. Health and Human Services’ Operation Warp Speed has pledged to deliver 300 million doses of a COVID-19 vaccine by 2021,1 if not sooner.2 However, developing a safe and effective vaccine normally takes years and begins with animal studies. The COVID-19 vaccines are all being rushed straight into human clinical tests, forgoing lengthy animal trials altogether.

READ MORE

Image by William Iven from Pixabay

Alert: The NZ Reform Banking Bill & the destruction of the middle class

A must watch. They are planning your subjugation. Neo feudalism & total control over you and your money. They have left the door open to digital currency. Watch out for the disappearing ATMs too. Have seen some. And the ‘threats’ to eliminate cash because of germs. They started this push long ago when they began closing down the rural banks. Cheques have all but gone. It’s how the globalists operate. Gradualism is the word. EWR

Image by Jakub Orisek from Pixabay

US Printed More Money in One Month Than in Two Centuries

No surprises really. They’ve made it no secret they have a reset planned & they want rid of cash. EWR

From cointelegraph.com

“The United States printed more money in June than in the first two centuries after its founding,” Morehead wrote. “Last month the U.S. budget deficit — $864 billion — was larger than the total debt incurred from 1776 through the end of 1979.”

READ MORE

https://cointelegraph.com/news/us-printed-more-money-in-one-month-than-in-two-centuries?fbclid=IwAR0z66C-Sk8vy5Fpg958QMuXxcg-OqdPWGm3TCVh_PmIBvuWfl7EF5aD6Sg

Image by Thomas Breher from Pixabay

See where Bill Gates’ funding tentacles extend to

Gates who has no medical qualification whatsoever … funds all things medical giving him vast leverage into saying what goes. We all know how money ‘talks’ in this corporate world & Gates has made it very clear he wants us all vaccinated. Not for our health of course. We’ve seen well enough by now that Bill is reducing not saving populations. This is why he’s begun with the so called poorer and more vulnerable nations ‘in need’ of help. (On that note they were very wealthy nations until the rest of the world got their mitts on their wealth & siphoned it off shore). Anyway Bill’s made no secret of his goal of depopulation, he is of eugenicist stock after all. Loosely translated that means he feels people like him are better than the rest of us … and logically therefore deserve to be expunged from breathing air first. EWR

The 1% that is sucking your country’s wealth into their hands via the exchange of non existent money

What no political party talks about … lending you non existent money (credit) at interest … governments (that are corporations in fact) borrowing from private banks that you pay interest on. Important info. EWR

Inspire Discipline

380K subscribers IT’S Going On TODAY!, I don’t hear anyone talk about this, This Exchange has sucked the wealth of the world. More On Facebook: Facebook.com/inspirediscipline Special Thanks To Our Friend Brian for Amazing Interview 🎤 Speaker: David Icke 🎬 All footage is licensed via Storyblocks 🎬 ✂️ If any content owners will want their images removed please contact us Via email at Inspirediscipline.official@gmail.com ✂️ ⚠️Video Was Uploaded with Permission from owners ⚠️ * Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. * 1.) This video has no negative impact on the original works (It would actually be positive for them) 2.) This video is also for teaching purposes. 3.) It is not transformative in nature. 4.) I only used bits and pieces of videos to get the point across where necessary.

Image by Gerd Altmann from Pixabay

The cashless economy – an ‘unintended’ cost of avoiding contact?

Bank branches and ATMs set to close across Australia as the pandemic shifts Aussies into the ‘cashless economy’. Unintended? Not in my opinion. If you’ve had your finger on the Agenda 21/30 pulse you’ll know that’s always been the end game. That dear Kiwi man Barry Smith told those who would listen in the 1970s that was the end game. Digital transactions make you 100% track and traceable. It will still suck in the trusting however. Note they refer to the many thousands of elderly from rural areas who will prefer cash … as with previous rural bank closures it will be stiff cheese for them. Those in control make ‘caring’ noises but they are anything but. Remember the recent scenarios where the elderly died alone in elderly facilities? In some countries they were simply abandoned. This no cash scenario is their not so subtle way of getting you out of rural areas folks, but they make it look like it’s your choice. You wanted it. However smart cities is the favored destination under Agenda 2030. Pack and stack living and (having gifted your state housing to property developers) locked into the (not so) smart grid. It’s all moving along according to plan. EWR

Image by Steve Buissinne from Pixabay

Coronavirus Has Been a Massive Boon for America’s Billionaires: Zuckerberg up $21 billion & Gates six

How nice for the billionaires, profiteering off misery. Seems it’s what they do best … EWR


“A new study found that in the past eight weeks alone, the country’s super wealthy have added a further $368.8 billion to their already enormous fortunes”

From winterwatch.net

By Alan Macleod | 15 May 2020

MINT PRESS NEWS — America’s billionaires have seen their wealth increase by 12.5 percent during the COVID-19 lockdown period. The Institute for Policy Studies (IPS), a Washington, D.C.-based think tank, released a study Thursday showing that, in the eight weeks between March 18 and May 14, the country’s super wealthy have added a further $368.8 billion to their already enormous fortunes.

Among the more famous big winners during the pandemic include Facebook co-founder Mark Zuckerberg, who adds $21 billion to his net worth (a 38 percent increase). Failed Democratic presidential contender Michael Bloomberg is up $10 billion as well, meaning he has recouped ten times as much as he lost in his big money political campaign that went nowhere. Microsoft co-founder Bill Gates has increased his fortune by around $6 billion as well.

READ MORE

https://www.winterwatch.net/2020/05/study-coronavirus-has-been-a-massive-boon-for-americas-billionaires/

Images by kalhh & bydianakuehn30010 from Pixabay

Did you know that more than 1,300 CEOs resigned between January and late October 2019?

January through to the end of October 2019. Remember it was October that Bill Gates, John Hopkins & the World Economic Forum had their pre plandemic preparedness Event 201. Smacks of foreknowledge doesn’t it? That saying about rats & sinking ships springs to mind. But then, that is the nature of corporations and their spawn isn’t it?  EWR

 


“The following are just a few of the big name CEOs that chose to step down in 2019

Dennis Muilenburg — Boeing, United Airlines — Oscar Munoz, Alphabet — Larry PageGap — Art Peck, McDonald’s — Steve Easterbrook, Wells Fargo — Tim Sloan, Under Armour — Kevin Plank, PG&E — Geisha Williams, Kraft Heinz — Bernardo Hees, HP — Dion Weisler, Bed, Bath & Beyond — Steven Temares, Warner Bros. — Kevin Tsujihara, Best Buy — Hubert Joly, New York Post — Jesse Angelo, Colgate-Palmolive — Ian Cook, MetLife — Steven Kandarian, eBay — Devin Wenig, Nike — Mark Parker.”

From theduran.com

In the months prior to the most ferocious stock market crash in history and the eruption of the biggest public health crisis of our generation, we witnessed the biggest exodus of corporate CEOs that we have ever seen.  And as you will see below, corporate insiders also sold off billions of dollars worth of shares in their own companies just before the stock market imploded.  In life, timing can be everything, and sometimes people simply get lucky.  But it does seem odd that so many among the corporate elite would be so exceedingly “lucky” all at the same time.  In this article I am not claiming to know the motivations of any of these individuals, but I am pointing out certain patterns that I believe are worth investigating.

One financial publication is using the phrase “the great CEO exodus” to describe the phenomenon that we have been witnessing.  It all started last year when chief executives started resigning in numbers unlike anything that we have ever seen before.  The following was published by NBC News last November

Chief executives are leaving in record numbers this year, with more than 1,332 stepping aside in the period from January through the end of October, according to new data released on Wednesday. While it’s not unusual to see CEOs fleeing in the middle of a recession, it is noteworthy to see such a rash of executive exits amid robust corporate earnings and record stock market highs.

Last month, 172 chief executives left their jobs, according to executive placement firm Challenger, Gray & Christmas. It’s the highest monthly number on record, and the year-to-date total outpaces even the wave of executive exits during the financial crisis.

By the end of the year, an all-time record high 1,480 CEOs had left their posts.

But to most people it seemed like the good times were still rolling at the end of 2019.  Corporate profits were rising and the stock market was setting record high after record high.

Yes, there were lots of signs that the global economy was really slowing down, but most experts were not forecasting an imminent recession.

So why did so many chief executives suddenly decide that it was time to move on?

 

Images by Thomas Skirde & grafikacesky from Pixabay

PETITION to use New Zealand’s own bank to fund the Covid19 rescue package

You might want to sign this… remember this? …  Small Business Rescue Earned Banks $10 Billion In Fees

share … EWR

https://secure.avaaz.org/en/community_petitions/grant_robertson_use_new_zealands_own_bank_to_fund_the_covid19_rescue_package_1/

 

Image by fancycrave1 from Pixabay

Depopulation advocates Bill And Melinda Gates Purchase $43 Million San Diego Home

These are the two who have no conscience about the damages caused by their ‘health’ treatments which are really depopulation in (thin) disguise – who by their allegiance to a new world order advocate sustainable practices (aka Agenda 21/30) along with the Nancy Pelosi’s of the world dine on $13 punnets of ice cream, decline their own’ health treatments’ (you know what those are) and eat organic whilst telling you folk in the growing unemployment lines that although they really feel for your plight, there must be some belt tightening. ‘We’re all in this together’ you know as the little radio broadcast keeps reminding us. Given, as a reader (rev) has aptly described the recent global upheaval … that “looks, walks, and quacks like a goddamn carrion-eating vulture pretending to be a duck!”  I’d have to ask, do you really still believe their blatant lies? EWR

 

From Forbes

Billionaire Bill Gates and his wife Melinda Gates have recently surfaced as the buyers who scored a deal on the most expensive property on record in Del Mar, Calif. near San Diego, according to the Wall Street Journal. The seller of the $43 million home was Madeleine Pickens, former wife of the late billionaire T. Boone Pickens.

When she purchased the home in 2007 for $35 million it was originally on one of four adjacent parcels and ranked as the highest priced sale for Del Mar at the time. In the intervening years the adjacent three parcels became part of this property to create a massive compound with a main house plus multiple other buildings for guests and recreation. Records indicate Pickens paid a total of $48.2 million for all four parcels plus their buildings, which is slightly more than the $48 million original asking price she hoped for when she listed the property in January of 2019. Thus, the Gates have purchased the most expensive property in Del Mar, but at a slight discount from its high water mark.

The next highest-priced home on the list is a $28 million sale that also sold, which means the $22 million sale of Jenny Craig’s Del Mar compound is still at the third spot. The Gateses previously purchased her equestrian estate in Santa Fe for $18 million so maybe she won’t be too upset.

This 5,800-square foot, six-bedroom house has 120 feet of oceanfront, with glass walls that line the backyard perimeter to create a physical barrier but still allow for ocean views. The moveable walls of the house, which are a signature feature of the architect Ken Ronchetti, create a seamless indoor/outdoor living space out to the glass tiled pool. In addition to the main house there are a number of other structures to create the compound including two guest houses, a health spa, theater and greenhouse. All together the living spaces combine to about 10,000 square feet.

The tech features abound, with sea walls that were designed in partnership with The Scripps Research Institute, automated systems for climate control, lighting, security and radiant heated floors. All this exists in a Bali-inspired interior with exposed mahogany and fir wood, lattia ceilings and limestone flooring set against the backdrop of a large sandstone patio.

Brian Guiltinan of the Guiltinan Group represented the seller. Bruce V. Howard of Krone & Bushard represented the buyers.

Who was Epstein’s friend Jeff Bezos Before Amazon? The Post Office loses money on every Package they send out

Jeff just flew into NZ also just weeks before the lockdown began. Perhaps one of the many wealthy who have secured boltholes here for when the SHTF? (The video at the link tells us of his new ‘earth friendly’ venture ….billionaires enviro friendly? Hmmm. I’m reminded of all of those bankers flying mysteriously over NZ a  couple of years ago with no mainstream coverage that I noticed. Nature conservancy greenwash hogwash).

RELATED:

Richest Man in the World Jeff Bezos Now $24 Billion Richer Amid Pandemic

Photo: Stuff.co.nz

The Nightingale Files

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Jacinda is going to “break the stranglehold” major fuel companies have in New Zealand … might that have anything to do with it being election year?

Isn’t it great that your corporation cum govt is concerned about your pockets? ‘They’ think we are paying too much for petrol. Wow the coming changes will ” “swiftly” break the supply dominance of big fuel companies”. And the competition will bring the prices down ‘they’ say. Hmm. Didn’t ‘they’ say that about the powercos away back? And didn’t the power prices go up, and up, and up ad nauseum?

But then of course it’s election year isn’t it?

(Big Oil will of course manage to navigate a few loopholes & ramp prices up again when you’ve all voted ‘correctly’ & forgotten about this).

Minister expects to see fuel prices drop 18-32 cents a litre because of new petrol company rules

 

Image by andreas160578 from Pixabay

A British documentary maker concludes that money not science is at the bottom of NZ’s continued use of 1080

From 2009 in Pressreader

2009 PRESSREADER ARTICLE.png

READ MORE:

https://www.pressreader.com/@nickname11420696/csb_6otXrP-pID4EcWAFAook8a7n6KR7xLXqG0tpv4lSLyz_HYG0PzEBSIqOjrCuRMfM?fbclid=IwAR25NCUMFrKcjbTnYdO8srGjvCtAWRB5Tz3S4NaEuNQzi7onLtot2yCHPNE

 

If you are new to NZ’s 1080 poisoning program here is a good article to start with …

WHY ARE PEOPLE SO CONCERNED ABOUT 1080?

A must watch also is Poisoning Paradise, the doco made by the GrafBoys (banned from screening on NZ TV, yet a 4x international award winner). Their website is tv-wild.com. Their doco is a very comprehensive overview with the independent science to illustrate the question marks that remain over the use of this poison. There are links also on our 1080 resources page to most of the groups, pages, sites etc that will provide you with further information to make your own informed decision on this matter. You can also find further 1080 articles at ‘categories’ (left of the news page) or by using the search box. Other vital info regarding risk to humans can be found on the Suspected 1080 Poisoning page.

If you are pro poisoning of the environment, EnvirowatchRangitikei is not the place to espouse your opinions. Mainstream would be the place to air those. This is a venue for sharing the independent science you won’t of course find there.

Note: We aim to raise awareness by providing independent information on environmental poisons … and we don’t endorse violence.

 

Secrets of one of America’s richest families will be exposed in court – including tactics used to make BILLIONS selling OxyContin amid the nation’s opioid crisis

Thanks to the flyingcuttlefish blog for this link
From the UK Daily Mail
“[The contents of the lawsuit] appear to be discussions of tactics that could be used to promote the sales of OxyContin (particularly in higher doses), to encourage doctors to prescribe the drug over longer periods of time, and to circumvent safeguards put in place to stop illegal prescriptions”
Judge Janet Sanders
  • The Sackler family owns Purdue Pharma which is being sued by several states, cities and counties 
  • They have made billions by marketing and selling OxyContin since 1995 
  • In Massachusetts, a judge declared on Tuesday that the case against the family would be unsealed
  • It means the family, which is notoriously private, will have to lay bare truths about how they promoted the drug and how they run the business 
  • Purdue is worth an estimated $14billion but the Sackler’s family wealth is hard to pin down 
  • They live extravagantly across the US and in London, where some members of the dynasty have been honored with knighthoods 
  • The business was founded by brothers Raymond, Arthur and Mortimer who are now all dead
  • Their descendants now grace the social circuits of London and Manhattan
  • The family of one brother, Arthur, do not associate with the others and are not involved in the business 

The secrets of the Sackler family, the pharmaceutical dynasty who own the company accused of sparking America’s opioid crisis with its mass production and aggressive marketing of OxyContin, will be laid bare in court despite their efforts to keep them private.

On Monday, Suffolk County Superior Court Judge Janet Sanders rejected the family’s attempts to keep the lawsuit filed against them and their company, Purdue Pharma, by the state of Massachusetts sealed, saying the details they seek to protect belong in the public domain.

The full lawsuit – which has been heavily redacted and has not been released publicly – must now be released, free of redacts, by February 1.

It will expose for the first time the tactics the family used to not only push the highly addictive painkiller through the pharmaceutical industry and in to millions of American homes and hospitals, but also the efforts they took to try to ‘circumvent safeguards put in place to stop illegal prescription,’ according to Sanders.  Massachusetts Attorney General Maura Healey welcomed the judge’s decision on Tuesday, saying in a statement: ‘For many years, Purdue, its executives, and members of the Sackler family have tried to shift the blame and hide their role in creating the opioid epidemic.

‘We are grateful to the court for lifting the impoundment on our complaint so that the public and families so deeply impacted by this crisis can see the allegations of the misconduct that has harmed so many.’

In pages of the lawsuit already made public, Healey claims the family aggressively pushed the painkiller to doctors despite knowing how addictive it is.

Family members even claimed the tens of thousands of deaths attributed to their drug were ‘only the tip of the iceberg’ but still pressed hard for more sales, the lawsuit claims.

‘In 1997, Richard Sackler, Kathe Sackler, and other Purdue executives determined — and recorded in secret internal correspondence — that doctors had the crucial misconception that OxyContin was weaker than morphine, which led them to prescribe OxyContin much more often, even as a substitute for Tylenol,’ says Healey.

In her judgement, Judge Sanders said the family’s argument to keep the lawsuit redacted was ‘hardly compelling’.

READ MORE

https://www.dailymail.co.uk/news/article-6644889/Sackler-family-secrets-laid-bare-OxyContin-court-case.html

‘The Tax Man Cometh’ – the Googlebots & a 5-nation tax cartel ensuring you don’t make any money

Doesn’t surprize me this considering a struggling parent holding down two and sometimes three jobs to feed their families gets hit with 33% tax on the other jobs. Not the likes of the upper echelon however. It’s called trickle down economics. Bit like the sustainable development lie really.

the-imf-confirms-that-trickle-down-economics-is-indeed-a-joke

The definition of a cartel is an arrangement between people who will benefit from the arrangement, often in an illegal way. An example of a cartel is a group of manufacturers who have gotten together to regulate production and fix prices.

Thanks to Pete for this link.

Tax Takers Send in the Spiders

Websites around the world are getting a new computerized visitor among the Googlebots and Yahoo web spiders: The taxman. A five-nation tax enforcement cartel has been quietly cracking down on suspected internet tax cheats, using a sophisticated web crawling program to monitor transactions on auction sites, and track operators of online shops, poker and porn sites. The “Xenon” program – a reference to the super-bright auto headlights that light up dark places – was started in The Netherlands in 2004 by the Dutch equivalent of the IRS, Belastingdienst.

It has since been expanded and enhanced by international group of tax authorities in Austria, Denmark, Britain and Canada, with the assistance of Amsterdam-based data mining firm Sentient Machine Research. Xenon is primarily a spider: a program that downloads a web page, then traverses its links and downloads those as well, ad infinitum. In this manner spiders can create huge datasets of web material, while preserving the relationships between pages at the moment they were spidered – something that can reveal a lot about the people that made the pages. It’s unclear how effective Xenon has been in generating investigative leads. Contacted by Wired News, the tax departments of Canada and the United Kingdom confirmed participation in the program, but declined further comment. Dag Hardyson, the national project leader for e-commerce for Skatteverket, the Swedish tax authority, was more forthcoming. Skatteverket is scheduled to join the Xenon project this year, and Hardyson said web crawling is well suited to tax enforcement. “The internet is wide open for tools,” said Hardyson. “It’s much easier to handle than the real world.” Xenon, explained Marten den Uyl of Sentient, is in some ways the opposite of something like Google’s web crawler, which traverses a tree of links and grabs a copy of everything it sees. Xenon is smart about link selection and context, and uses a “slow search paradigm,” he said. Whereas a spider like the Googlebot might hit thousands of websites in a second, “With Xenon it may take minutes, hours or even days to do a slow search.” The slow search prevents the crawler from creating excessive traffic on a website, or drawing attention in the sites’ server logs. Den Uyl declined to say what user-agent the Xenon software reports itself as, but it’s likely to be variable or configurable on the tax investigator’s part. The spider can also be configured and trained to look at particular economic niches – a useful feature for compiling lists of business in industries that traditionally have high rates of nonfiling. “For instance, weight control (yields) 85,000 hits, some for products … also services,” says Sweden’s Hardyson. Once the web pages are screen-scraped, Xenon’s Identity Information Extraction Module interfaces with national databases containing information like street and city names. It uses that data to automatically identify mailing addresses and other identity information present on the websites it has crawled, which it puts into a database that can be matched in bulk with national tax records. As illuminating as Xenon is for the tax man, the data-mining effort poses dangers to citizen privacy, said Par Strom, a noted privacy advocate in the world of Swedish IT. “Of course it’s not illegal,” said Strom. “I don’t feel quite comfortable having a tax office sending out those kind of spiders.” One issue has to do with how the information Xenon captures is protected. Sentient has created access controls for its law-enforcement data-mining tool, called Data Detective, but its Xenon software lacks many of those protections, said dan Uyl, commenting on the theory that investigators will quickly delete the compiled data. “Data Detective (handles) long-term data warehousing,” he said, “(Xenon is) short-term project data warehousing. Different type of data, different type of analysis.” But Hardyson said the Swedish government – which already has its own internally developed tax crawlers – is currently keeping a copy of everything it spiders. That means that someone’s long-expired actions have the potential to come back and haunt them. “We can scan and store all actions for every e-marketplace in Sweden, it’s about 55,000 per day,” said Hardyson. He said his agency hasn’t decided if it will change its policies with the new, more sophisticated Xenon software. “Is this what we should do? Our lawyers must look at it.” Canada’s tax authorities declined to state what its Xenon data retention policies are, as did Simon Bird, head of the “Web Robot Team” at the British HM Revenue and Customs office. In the United States, the IRS is not a part of the Xenon project, but would neither confirm nor deny that it uses spidering software in its investigations. Strom said now that the cat is out of the bag, there’s no way to get governments or corporations to forgo technologies like spiders and data mining. “The information is public of course, because it’s posted on the internet,” Strom says. “It wasn’t meant to be used this way … (this is) using the naivete of people. It’s on the limit of what is ethical.”

SOURCE: www.wired.com

What NZ CEOs are paid

It’s difficult to be positive about the obscene salaries these people receive. Especially in light of Rogernomics & the Neo-lib disaster that destroyed so many people. And continues to do so. Great idea for those at the top, not so for those at the bottom. Of course it was a scam & in my opinion never intended to benefit everybody. We can see who it is benefiting right in plain sight here.

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From the NZ Herald

Chief executives at New Zealand’s biggest companies got a 2.2 per cent pay rise last year, taking their average earnings to $1,755,352 in the 2017 financial year.

It was the second-smallest increase in the 13-year history of the Business Herald’s CEO pay survey.

The survey covers the top 50 companies listed on the sharemarket, with the exception of some property firms whose management structure makes it difficult to calculate CEO pay, and the addition of Fonterra because of its size, and Herald publisher NZME, included in the interests of transparency.

Fifteen executives experienced earnings declines last year, compared with nine recorded in the previous year’s survey. The 2.2 per cent average increase was the lowest on record, apart from 2011, when average CEO pay fell by 0.4 per cent.

While CEO earnings increases were modest compared to some previous years, 38 of the 50 chief executives in the survey still received more than $1 million in remuneration, and their average was 55 times the median annual income Kiwis received in that year, recorded at $31,928, according to Statistics NZ.

The average CEO increase was in line with the 2.3 per cent rise Kiwis received last year.

Former Fonterra boss Theo Spierings was the highest-paid executive last year. Spierings, who stepped down last month, received $8.3m for the 2017 financial year, up from $4.66m he received a year earlier.

READ MORE at the link (graphs & figures included)

https://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=12134854

 

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25 years ago 74% of all NZ households lived in their own home … so who owns NZ now? (Bryan Bruce)

To watch Bryan Bruce’s revealing documentary at Youtube, click on this link. 
This is a real eye opener, especially if you were born after the nineties. I remember how it was as do all the other folk of my generation. Pre Rogernomics ripoff. And I heard/read recently a comment by Roger Douglas who conceded Rogernomics may not have been a good thing or words to that effect. (A woops in other words). I don’t buy that. He & others like him were well looked after following the ruination of our country. Travelling the world, educating others on their supposed ‘success’, teaching their policies of structural adjustment. Successfully ruined a lot of people & feathered their own nests would be more to the point. These people have no heart for those who suffer at their hands. Zilch.

Published on Oct 15, 2017

Analysis of the New Zealand housing crisis and solutions to it by award winning documentary maker Bryan Bruce

The people who “make our clothes, assemble our phones and grow our food” are being exploited to enrich corporations & the super wealthy (Oxfam)

More than $8 of every $10 of wealth created last year went to the richest 1%.

That’s according to a new report from Oxfam International, which estimates that the bottom 50% of the world’s population saw no increase in wealth.

Oxfam says the trend shows that the global economy is skewed in favor of the rich, rewarding wealth instead of work.

“The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system,” said Winnie Byanyima, executive director of Oxfam International.

http://money.cnn.com/2018/01/21/news/economy/davos-oxfam-inequality-wealth/index.html

Over the last hundred and two years, Labour has demonstrated a loyalty to capitalism that can’t really be faulted

From rdln.wordpress.com

Jacinda & the Elephant

Delivering her pre-Budget speech to a Business New Zealand audience, Labour prime minister Ardern said business confidence was “the elephant in the room”.

Business confidence has apparently been low since the new government took office. A business confidence survey conducted by NZIER found businesses had become pessimistic about economic outlook for the first time in two years after Labour assumed office.

There is no need to worry.

Over the last hundred and two years, Labour has demonstrated a loyalty to capitalism that can’t really be faulted. During the 1951 waterfront workers lockout, possibly the most tense class standoff after the land wars in New Zealand history, Labour delivered for the class they have always answered to. “Labour is neither for nor against the watersiders,” party leader Walter (later Sir Walter) Nash declared.

The pattern of behaviour continued in later years, all down the line.

Following the stock market crash of October, 1987 capitalism was in trouble. State-owned enterprises started shedding thousands of workers. Factories closed – over one hundred and forty in Auckland in less than two years – along with hundreds of shops and offices.

Bankruptcies were up by fifty percent, eighty-six thousand jobs disappeared and unemployment in New Zealand was up to over 180,000 by early 1989.

READ MORE

https://rdln.wordpress.com/2018/05/04/jacinda-and-the-elephant/

Photo: Wikipedia (Members of the first Labour Govt 1935)

“CDC Head Forced to Resign After She’s Caught Buying Shares in Vaccine & Big Tobacco Companies” – so what’s new on the corruption front?

A reader recently reminded me on a similar headline news article that once in a while we have a fall guy (in this case girl) to keep the illusion going that the system is keeping check on things. The system as many of us know is rife with conflicts of interest over Monsanto fingers in various pies. So on this particular headline then I’m not holding my breath for anything significant to change in the halls of corruption.
EnvirowatchRangitikei


From thefreethoughtproject.com

A scathing report has just revealed that the now-former head of the Center for Disease Control, Brenda Fitzgerald was purchasing shares in drug companies as well as big tobacco—while heading up the organization ostensibly devoted to health. The hypocritical nature of her position at the CDC while simultaneously investing in companies contrary to her mission exposes the true control industries have over allegedly ‘objective’ government agencies.

For those that don’t know, the CDC is supposed to be the nation’s leader in smoking cessation efforts as smoking-related deaths kill more people in the United States every year than anything else. So, when the head of the nation’s largest anti-smoking department not only holds a massive amount of stock in Big Tobacco, but actually buys more of it while she is in office, it is time to pay attention.

https://thefreethoughtproject.com/cdc-head-forced-resign-shes-caught-buying-shares-vaccine-big-tobacco-companies/?utm_source=Facebook&utm_medium=Traffic+Driver&utm_campaign=Facebook+Stout

Who Controls the Money Controls the World – an insight into the banking scam

Important info to help you make sense of things.

Published on Nov 13, 2011

All facts in this movie have been independently confirmed. Sources are documented at http://thrivemovement.com History will repeat itself as long as these bankers and their corrupt politicians are in charge. Save yourself from the upcoming economic collapse of 2012. Please share this important knowledge with your family and take action.

Big business Australian Chamber of Commerce proposal to convert age pension payments into a loan – then deduct the sum from home when it is sold!

From thecontrail.com

An article from Combined Pensioners & Superannuants Assn (Australia)

If big business got its way, the age pension would be a loan rather than a safety net payment …

READ MORE

http://thecontrail.com/forum/topics/why-bill-english-resigns-and-big-business-australian-chamber-of-c

 

Tax rates for our esteemed ‘public servants’ at Parliament are a joke – time for a complete overhaul

Calculated at the time of Key’s ‘leadership’ (said with tongue in cheek). The same would doubtless still apply for the current PM. Time for change. Bryan Bruce in his last doco recalled a time when Parliamentarians earned the same wage as a teacher. The higher salary (that being a vast understatement) has not brought greater accountability or better service from these public servants. We should return to the previous regime. And put them on a fair tax rate. This article from 2014 is from the dailyblog.co.nz

 

How much tax does John Key pay compared to a minimum wage worker??

By   /   August 27, 2014

Yesterday I did some calculations to find out what tax John Key pays compared to a worker on the minimum wage.

MANA Movement Economic Justice spokesperson John Minto is calling for a radical overhaul of New Zealand’s taxation system with calculations showing that a minimum wage worker pays a ten times higher tax rate than the Prime Minister.

Minimum wage worker 28% tax

Prime Minister 2.8% tax

The minimum wage worker on 40 hours per week earns $29,640 and pays $4,207 in income tax and $4,149.60 in GST giving a total tax of $8,356.60 or 28% of income.

On the other hand the Prime Minister earns $428,000 from his PM’s salary along with this year’s $5,000,000 increase in his wealth (according to NBR’s rich list) which gives him a total income of $5,428,000. On this total income he pays just $132,160 in income tax and approximately $21,400 in GST giving a total tax of $153,560 or 2.8% of income.

This is a national embarrassment. Those least able to pay are under a heavy tax burden while the super-rich pay peanuts.

The National government and its attack bloggers refer to the working poor as scum, bludgers and ferals but it’s clear the real problem is with the top 1% of income earners who get all the benefits of taxpayer funded facilities and services but don’t pull their weight paying for them.

Cleaners, fast-food workers, hospitality workers and security guards are all heavily subsidising the lifestyles of the superrich.

These figures show we need an overhaul of our tax system so the Prime Minister and his rich-list colleagues pay their fair share.

READ MORE

http://thedailyblog.co.nz/2014/08/27/how-much-tax-does-john-key-pay-compared-to-a-minimum-wage-worker/

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Who Runs The World And Controls The Value Of Assets?

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See other articles featuring the late Joan Veon by using the search box. She has many videos on YT also. Her insights on the New World Order / Global Governance are invaluable. This one is a must read. When I originally saved it it was on her website before she passed away. I see now it is saved on Rense. In Jeff Rense’s tribute to Joan he writes: “…Joan personally traveled to over 100 of the top meetings of the elite controllers to capture the most crucial information and present the BIG PICTURE to all who have ears to hear and who are not afraid of the truth. She is irreplaceable.”

By Joan Veon
1-29-7

Today, after the conversion of Iraq to the Banklords, only five countries in the world are without a central bank: Iran, North Korea, Sudan, Cuba and Libya . All of these just happen to be on George Bush’s “Evil of Axis” list.

INTRODUCTION

At the January, 2006 World Economic Forum, five of the world’s most important economists bewailed the fact that they had missed the rise in oil and in gold. By May, gold had risen to $730 oz. while energy had gone over $70 bbl.

When gold stayed at $600 oz. after falling from its high in May and the oil markets reached $75 bbl., their most recent high, I asked myself what would be used to change the commodity cycle. In May we saw a 10-15% drop in the price of gold and a correction in the price of oil. Throughout the summer the market recovered with oil reaching $75bbl. While gold stocks made up some of the loss, gold bullion did not. It stayed around $600 oz. Oil today is at $60 bbl. CNBC said on September 21, “With oil down 20%, the steep decline is even confounding the experts!” Is what we are seeing indeed confounding all the experts, or is it managed and manipulated to benefit a small group of powerful insiders?

Last week, we saw once again how Wall Street changes the minds of investors. For the last ten years or so, the gas guzzling SUV has been the premier choice of vehicles for most Americans. High oil prices put both General Motors and Ford at risk, as both companies announced drastic measures and big lay-offs last week. The Ford Company, in announcing they were not going to manufacture the SUV any longer said, “The North American business model does not work.” In response to this information, a friend of mine, who just visited Italy, told me that she was surprised at the increase in the number of SUVs in Italy.

Why the huge drop in the price of oil? Wall Street would have us believe that it was the new oil reserve found in the Gulf, even though it will take 7-10 years to bring it on line. On 9/11, 2006 CNBC’s Larry Kramer forecasted that oil will never go back to $75bbl, and that it is time to buy drug stocks. A little later that same day, we were told that the rise in gold and oil, which began 9/11/01, was over. The price of gas at the pump began to drop and, according to CNBC the next day, “Consumers are feeling better, more secure, and richer over lower energy.” CNBC then went on to show SUV’s and tell us, “Maybe it is time to buy an SUV.”

The bottom line is that Wall Street and our central bank made a huge mistake by raising interest rates at the same time they increased the price of energy and they are back-peddling. What they found is that the power of the consumer to buy is gone. They are not able to put gas in their SUVs and they are not buying new ones. Furthermore, they cannot afford a new home which doubled in price as a result of 45 year low interest rates. In other words, there is a very high inventory of SUVs by all the auto dealers and home builders have at least one year of homes on the market.

Currently, gold is at $565 (9/21) and has lost over 22% in spite of the fact that the metal hit a 26 year high of $730 oz. in mid-May. Within the last two weeks, gold is down 10%, for a total drop of 20% year to date. According to one gold analyst, the central bankers began dumping gold on July 18 to keep it from rising as a result of the new Middle East War. They say that if gold had risen to $700 oz., oil would have exploded to $90bbl. Does any of this make sense? As a friend of mine would say, “What in the earth is going on?”

Perhaps, instead, we need to ask “Who is in control?” Are there natural forces that set the value of diamonds, gold, bonds, stocks, housing, farm land, etc., or are they manipulated to fill the coffers of powerful groups and individuals, as they skim off the top of the world’s asset highs? This newsletter is not an excuse for the market but hopefully will educate you about forces behind the scene.

Having spent 25 years in this business and having covered 90 global meetings over the last 12-13 years, I have observed presidents, prime ministers, kings, princes, dukes, key officials from the various United Nations organizations, CEO’s from some of the world’s most powerful corporations, economists, and others.My research and observations have led me to determine that there are a number of powerful forces that rule the world, independent of government. In fact, government is getting weaker through privatization, as it spins off assets and sells them to corporations. Just recently, Norway overthrew their Democratic Socialist government so they can privatize more of their government assets! While I personally believe the British royal family rules the world, they do not rule it alone. There are at least three actors: central banks, the power and legacy of Cecil Rhodes, and the immense financial power of the biggest international banking family, the Rothschilds. When you consider all of these, you have a three-strand cord — in other words, a strong cord that it will not break.

Central banks control the monetary system of the world and determine when business cycles are going to change simply by increasing or decreasing the money supply in the banking system. This small group of powerful insiders know when to sell high and buy low because they determine when the market cycle is going to change. What has just happened with oil and gold prices is an example of the power brokers who rule the world.

Cecil Rhodes was a British aristocrat who went down to South Africa to mine diamonds and ended up discovering gold. DeBeers Diamonds was the corporation that he founded as a result of the Anglo-Boer War. He also founded one of the largest gold companies in the world, Gold Fields.

Rhodes loved his mother country so much that he dedicated everything he had to setting up secret societies and college scholarships (Rhodes Scholars) for the furtherance of bringing the world under British rule. Rhodes said the British “are the finest race in the world and if the world were British, there would be no further wars.” (Interestingly enough, he would have to wage war against all the independent nations of the world in order for “peace” to happen.) Working closely with Rhodes in helping to finance his quest to corner the diamond and gold markets and to carry out his final vision, was his banker, Nathaniel Rothschild of the British Rothschild banking family.

I make no claim to knowing everything. We are all entitled to our opinions. The following analysis is mine, based on years of extensive research both in regard to history and to the market. Consider:

When Rhodes died, he left a series of wills in which he wanted to set up a secret “society of the just”, based on the Jesuit Society, to carry out his vision of a world united under British rule. Interestingly enough, he worked very closely with the British and French Rothschild families to finance the merger and consolidation of all the various South African diamond and gold concessions. One of his directives was to educate well selected men (and recently, women) from key colleges and universities from around the world, in the philosophy of bringing the world under British rule. These people are known as “Rhodes Scholars” and include former President Clinton and many others in government.

CENTRAL BANKS
Regarding the power of central banks, if you will take a piece of paper money out of your wallet — any denomination — you will see these words, “Federal Reserve Note — This note is legal tender for all debts, public and private.” You might ask yourself why the paper money does not state that it is a note from the Treasury of the United States? If the Federal Reserve is not the Treasury, what is it? The Federal Reserve is a “central bank.” To put it in every day terms, it is a private corporation which claims to provide a service to the people of the United States by providing the money used in our banking system.

When America was founded, there were great and serious debates over who should control the monetary system of our new country. While President Washington was chosen by unanimous vote, he appointed a number of constitutional advisers. Secretary of State Thomas Jefferson believed in the capacity of the common people for self-government. Secretary of the Treasury Alexander Hamilton, an aristocrat by birth and breeding and connected to the Tory element of the Revolution, believed our monetary system should be like that of England’s with a private corporation — central bank (Bank of England). Washington accepted the views of Hamilton and signed a bill into law creating our first central bank (The Coming Battle, M.W. Walbert, 1899, republished 1977, 3).

READ MORE

http://www.rense.com/general75/wrus.htm

ANZ Bank was the leading Australian bank in the world of offshore accounts – Panama Papers

The Panama Papers: ANZ Bank was the leading Australian bank in the world of offshore accounts; Samoan diplomat was used to help create shell companies – Samoa’s high commission in Australia couriered papers

A link to the above article is below Penny Bright’s summary here:

NZ WHISTLE-BLOWER ALERT!

25 October 2017
Penny Bright

Can the International Consortium of Investigative Journalists (ICIJ) please carry out an urgent investigation of former NZ Prime Minister John Key and the Panama Papers?

BACKGROUND:

It was murdered Maltese investigative journalist Daphne Caruana Galizia who exposed, via the Panama Papers how NZ foreign trusts were used as money-laundering vehicles by Maltese Politically Exposed Persons.
______________

Malta scandal exposes New Zealand trusts again

Neil Chenoweth and Susan Edmunds

April 28 2017

http://i.stuff.co.nz/…/malta-scandal-exposes-new-zealand-tr…

“A Malta magistrate is investigating explosive claims of money laundering and corruption that have put New Zealand in the middle of a global cash trail from the family of Azerbaijan president Ilham Aliyev.

President Aliyev’s daughter, Leyla Aliyeva, is alleged to have channelled more than NZ$1.6 million to senior figures of the Malta government, including Prime Minister Joseph Muscat’s wife.

These include alleged payments to Panama companies owned by New Zealand trusts set up by the Malta Energy Minister Karl Mizzi and Muscat’s chief of staff, Keith Schembri.

On April 20, Maltese blogger Daphne Caruana-Galizia reported that she held copies of documents originally stored in a kitchen at Pilatus Bank, which showed that Egrant Inc, a mystery Panama Papers company identified by the Financial Review last year, was secretly owned by the Maltese Prime Minister’s wife, Michelle Muscat.

In March 2016, a Dubai company controlled by Leyla Aliyeva had transferred US$1.017 million (NZ$1.47 million) marked as a loan into Egrant’s account at Pilatus Bank, Caruana-Galizia reported.

Joseph Muscat denied the claims, calling it the “biggest political lie in Malta’s history”.

Caruana-Galizia reported that other payments were made from Leyla Aliyeva’s company to Pilatus accounts held by Egrant as well as Tillgate Inc and Hearnville Inc, two Panama companies that are owned by Schembri and Mizzi, through New Zealand trusts.

Schembri and Mizzi vehemently deny Caruana-Galizia’s reports. Mizzi has produced audited accounts for his New Zealand trust which shows it as dormant with no assets or income.
…..

The latest revelations, if substantiated, are an embarrassment for the New Zealand government, which announced an inquiry into its offshore trust laws on April 11 last year, the day after the Financial Review revealed details of how Panama law firm Mossack Fonseca’s Malta agent, BT Nexia, began setting up Tillson, Hearnville and Egrant five days after Muscat’s election victory in 2013.

Mossack Fonseca’s files were obtained by the International Consortium of Investigative Journalists and German newspaper Süddeutsche Zeitung.

New Zealand subsequently amended its offshore trusts regime, requiring foreign trusts to file annual accounts with the New Zealand tax office, but with no further restrictions.

At that time, it appeared the Malta trusts had never been used, after Mizzi and Schembri’s Panama companies were turned down by eight banks who refused to open accounts for them because they were Politically Exposed Persons (PEPs).

The Panama Papers, however, show repeated cases of overseas investors filing false or implausible sets of accounts with New Zealand lawyers, who have limited means to verify the figures.

SIGNIFICANT ROLE

The latest wave of allegations in Malta underline how easily the New Zealand disclosure laws can be avoided, which the new laws do not change.

If the reports are substantiated, they raise a far more serious picture of money-laundering from one of the most corrupt countries in the world, in which New Zealand’s foreign trusts played a significant role.

The saga began in February 2016 when Caruana-Galizia revealed that Schembri and Mizzi had set up two Panama companies, Tillgate Inc and Hearnville Inc, owned by the Haast Trust and Rotorua Trust in New Zealand.

In April 2016, the Financial Review published new details of Schembri and Mizzi’s New Zealand trusts and their attempts to open a bank account in Dubai.
….”
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Two days after Daphne Caruana Galizia was murdered by this car bomb, it was announced that former NZ Prime Minister John Key would become Chair of the Board of the ANZ bank.

http://www.nzherald.co.nz/business/news/article.cfm…

“Sir John Key has been named chairman of ANZ Bank’s local arm.
Key joins the board of the country’s biggest bank from today and will assume chair at the start of next year.”

The ANZ bank was the Australian bank mentioned more times than any other bank in the Panama Papers.

ANZ leading Australian bank in the Panama Papers:

http://www.fijileaks.com/…/the-panama-papers-anz-bank-was-t…

(4/4/2016)

“By Neil Chenoweth
Financial Review

The Mossack Fonseca files show the critical importance that banks hold in the offshore world – and ANZ is the most visible of the Australian banks in the offshore space.

ANZ appears in 7548 of the Mossack documents, reflecting the bank’s extensive work in New Zealand, the Cook Islands, Samoa and Jersey.
…”

On 1 August 2017, at a meeting attended by 200 people at Rutherford House, Victoria University, Wellington New Zealand, the (former) Chair of Transparency International, Jose Ugaz stated that John Key should be investigated over the Panama Papers.

I attended this meeting and heard Jose Ugaz say this myself, as did the other 200 people in the room.

There appears to have been NO NZ mainstream media coverage of this story.

Can the ICIJ please carry out an investigation of former NZ Prime Minister John Key and the Panama Papers?

Yours sincerely,

Penny Bright

‘Anti-corruption whistle-blower’.

  • Attendee: 2009 Australian Public Sector Anti-Corruption Conference.
  • Attendee: 2010 Transparency International Anti-Corruption Conference.
  • Attendee: 2013 Australian Public Sector Anti-Corruption Conference.
  • Attendee: 2014 G20 Anti-Corruption Conference.
  • Attendee: 2015 Australian Public Sector Anti-Corruption Conference.
  • Attendee: 2017 Transparency International Australia Anti-Corruption Conference.
  • Attendee: 2017 World Justice Project International Rule of Law Forum – The Hague.

#InvestigateJohnKeyOverPanamaPapers
#JusticeForDaphneCaruanaGalizia
#StopCorruption

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READ THE PANAMA PAPERS ARTICLE FROM FIJILEAKS.COM