Tag: billionaires

‘The intelligent age is replacing our cognitive capabilities with AI’: WEF founder Klaus Schwab

If intelligence were to become a utility billed on a meter, then the intelligent age would only benefit the elite and those who could afford it: perspective

The intelligent age is replacing our cognitive capabilities with AI, and universities should prioritize teaching students how to capably use technology over teaching actual knowledge, according to WEF founder Klaus Schwab.

Livestreaming today at the University of Johannesburg in South Africa, Schwab spoke at length about what he calls ‘the intelligent age” and what it means for jobs, students, and humanity.

Comparing previous industrial revolutions to the so-called intelligent age, the grand architect of the great reset agenda said that our thinking abilities were now being delegated to artificial intelligence.

“What is the Intelligent Age doing? It is replacing our cognitive capabilities by algorithm, or by what we call our artificial intelligence”Klaus Schwab, The Intelligent Age and the Responsibility of African Leadership, May 2026

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FBI Raids Soros-Connected Ohio Voter Mobilization Group In Fraud Investigation

Federal investigators executed search warrants at the headquarters of a Soros-aligned voter mobilization organization in Ohio as part of what sources described as an ongoing fraud investigation.

FBI agents searched the offices of the Ohio Organizing Collaborative on June 11 and conducted interviews with members of the organization across the state, according to reports. Some agents reportedly served subpoenas or sought to seize electronic devices during the operation.

Multiple sources familiar with the matter later told CBS News that the federal action was tied to a fraud-related investigation.

The Department of Justice declined to discuss the specifics of the case.

“Search warrants are authorized by a judge and anything said by any organization or others in the media is unfounded speculation, as the target of any investigation is not privy to the search warrant affidavit until after indictment,” a DOJ official told Fox News Digital.

The Ohio Organizing Collaborative is a nonprofit group involved in voter registration and voter mobilization efforts and works closely with Democrats in Ohio. The organization has also played a prominent role in statewide ballot campaigns and referendum efforts.

The investigation is part of the Trump administration’s effort to increase enforcement of election-related laws and allegations of voter fraud.

Tax records show the organization reported more than $10 million in revenue during 2024.

Funding for the group has come from several major Democratic-aligned organizations and labor unions, including entities connected to the Soros family, the New Venture Fund, the Tides Foundation, the American Federation of Teachers and the Service Employees International Union.

According to the report, the Soros family’s Foundation to Promote Open Society provided approximately $1.9 million to the organization between 2019 and 2020.

The Open Society Action Fund later contributed an additional $1 million to a related organization in 2021 and another $1 million in 2023.

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Elon Musk and the Politics of Envy

Unless you’ve been living under a rock, you know by now that with SpaceX’s Initial Public Offering (IPO), Elon Musk has become the world’s first trillionaire. The implications of this for all of us and our grandchildren are many and far-reaching. Of course, the left has found a way to narrow it all down to one simple idea: “His money is our money, or it should be.”

That’s not the way they say it. What leftists actually are saying is he doesn’t pay enough in taxes. Why? For the sole reason that he’s rich. If you’re a leftist, rich people are never paying “their fair share.”

This is the politics of envy, and if you study the vast majority of leftist messaging at any time on any topic, envy is a critical component. In fact, I’d go so far as to say that if the Democrats, and the left at large, decided to quit being jealous of the right, the left would die as a movement in less than 24 hours.

Envy is the lifeblood of leftist politics, and Musk is merely their latest, biggest, and most convenient target. But it’s worth being reminded that to the left, you are no different than Elon Musk. Let me explain.

The left is miserable when you’re happy. It feels entitled to be the only source of your happiness, but it has no desire to make you happy. Rather, it simply wants to control how happy it will allow you to be.

You saw this during the COVD-19 pandemic when the left rationed aspects of your previous life to you in small portions. The desire to control you in this way came from a fear that you might find a way to be happy in spite of conditions, in this case a pandemic. The thoroughness with which arbitrary measures were taken to deny you the simplest of pleasures was rooted in envy.

Around the same time and in the same environment, Black Lives Matter (BLM) and the whole entitlement movement accused you, if you were white, of having “white privilege” and and said that you don’t deserve to be happy. Instead, you should feel guilty because some on the left are unhappy. The “white privilege” guilt trip was not only one of the purest forms of the politics of envy, but it worked to get leftist and otherwise weak white people to voluntarily surrender their happiness.

At some point, almost all leftist politics comes back to envy.

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Bakari Sellers Calls Elon Musk a White Supremacist, and All Hell Breaks Loose

A CNN panel meant to discuss extraordinary wealth lurched far off the rails Friday night when one commentator went into full-on slander mode on Elon Musk, who became the world’s first trillionaire this week. He’s been getting attacked from the left for his success because that’s what the left does.

Well, that and fantasize about spending other people’s money, which is exactly what CNN contributor Cari Champion started with.

“If you spent a million dollars every single day, it would take you more than 2700 years to spend a trillion dollars,” Champion said. “What you could effectively do with a trillion dollars is get rid of global poverty. You could end world hunger, you could cure major diseases like malaria, and you could completely transition the global energy sector to renewables. The fact that he has this type of money only tells me that his power will be more prevalent and that I could not — I cannot guarantee someone like this man would use his power for good.”

Then Bakari Sellers took things further. After blaming Elon Musk’s influence for USAID cuts that he claimed killed thousands of women and children, Sellers leveled a charge that sent the panel into a frenzy: “Elon Musk is a white supremacist who believes in things like the —”

Criminal defense attorney Arthur Aidala jumped in. “Oh, boy,” Aidala said.

“I wasn’t even finished a sentence,” Sellers shot back.

Scott Jennings had a warning ready for Sellers. “You may need a lawyer when this is over,” he quipped.

Sellers pressed on. Musk “believes in things like the Great Replacement Theory,” he said.

But Aidala pushed back hard. “Considering we have about 12 defamation cases in my office right now,” he said, “before you start throwing things around like someone’s a white supremacist — I would win that case.”

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German State Media Accuses Elon Musk, Tommy Robinson of Inciting Belfast Rioters to ‘Hunt’ Migrants

German state media has accused Tesla trillionaire Elon Musk and anti-grooming gang activist Tommy Robinson of calling for the “hunting” of migrants in the wake of an alleged asylum seeker beheading attempt in Belfast.

Tuesday’s edition of German public broadcaster ZDF flagship programme ‘Today Live’ argued that the backlash to footage of a Sudanese asylum seeker allegedly attempting to cut a man’s head off in Northern Ireland earlier this month was a result of malign actors from abroad on social media, signalling out Elon Musk and Tommy Robinson in particular.

Introducing the segment, presenter Christina v. Ungern-Sternberg said: “A brutal attempted murder on a public street in Belfast. Someone films it; the video goes viral. A racist mob subsequently hunts down migrants. Calls for this had come from a British right-wing extremist and tech billionaire Elon Musk. The pattern isn’t new.”

Not only did the German public broadcaster fail to provide any evidence that either Musk or Robinson had called for the violent targeting of migrants, as was seen in some cases during the Belfast riots, ZDF also appeared to undermine their entire argument with the posts they cited as evidence of incietment.

Indeed, in one of the only posts highlighted by the broadcaster, veteran street organiser Tommy Robinson said: “The whole of the United Kingdom is hitting the streets tonight at 7pm following yet another invader attack on our people.”

This post was accompanied with a list of various protests, which featured the call for people to remain: “Peaceful. Respectful. Together.”

The post was shared by Musk, who added: “Only by protesting REPEATEDLY and LOUDLY will there be any change!!”

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Viral Influencer: How Bill Gates’ Billions Shape US Medical Research

Bill Gates has long been one of the most admired people in the world, especially since he stepped down from his role running Microsoft to devote himself and much of his fortune to philanthropy. That reputation has been tarnished recently, however, by revelations of the billionaire’s close relation with sex offender Jeffrey Epstein, and exposes on his own fraught relationships with women.

On the eve of Gates’ private testimony with Congress scheduled for tomorrow, a trove of federal whistleblower documents provided to RealClearInvestigations is renewing questions about how Gates money has bought what critics complain is an untoward influence on government health policy. For almost a quarter of a century, his main vehicle of power, the Bill and Melinda Gates Foundation, has donated hundreds of millions of dollars to the National Institutes of Health (NIH), allowing Gates to shape the direction of the country’s health strategy in ways that have benefitted his own priorities and pet causes while polishing his image as a benevolent global do-gooder.

At a time of growing concern about the power of billionaires such as Elon Musk, Jeff Bezos, and Sam Altman, Gates’ efforts stand out. Instead of lobbying federal agencies for specific policies, Gates leveraged his wealth to work inside the government, partnering with high-ranking NIH officials to steer taxpayer research funding and design scientific policies for several federal programs.

The cache of several dozen emails and documents, made public for the first time by an NIH whistleblower, reinforces previous reports detailing Gates’s extensive influence over U.S. biomedical research. During the height of the COVID pandemic, Kate Elder, a senior vaccines policy adviser for Doctors Without Borders, complained to Politico, “What makes Bill Gates qualified to be giving advice and advising the U.S. government on where they should be putting the tremendous resources?”

Emails and internal plans, for example, show that the NIH – the world’s largest funder of biomedical research – gave the Gates Foundation first billing for the joint workshops and meeting held on federal property.

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California Democrat Governor Candidate Tom Steyer Just Can’t Stop Focusing on Trans Athletes in Girls’ Sports 

Tom Steyer, the liberal billionaire Democrat who’s running for governor of California, seems to think that trans athletes in girls’ sports is the biggest issue facing the state.

He talked about this during a recent podcast appearance, and now he has released a video of himself talking with a trans athlete and making his support completely clear.

Steyer is obviously trying to signal his wokeness to the far left base of his party, but his relentless focus on this particular issue makes him look completely out of touch with Californians who care very deeply about more pressing matters for their state.

FOX News reports:

California Dem gov candidate Tom Steyer prompts mixed reactions for video with trans athlete AB Hernandez

California Democrat gubernatorial candidate Tom Steyer posted a video with prominent transgender athlete AB Hernandez on social media on Friday, expressing support for the trans teen as Hernandez looks to win another set of state titles in girls’ track and field.

The video went viral across social media, with a mix of praise and criticism across the political spectrum…

Republican gubernatorial candidate Steve Hilton condemned Steyer for supporting trans athletes in girls’ sports in an interview with Fox News Digital on Friday.

“Tom Steyer has taken a wildly extreme position on this issue that is totally out of touch with most California families and young people,” Hilton told Fox News Digital before the rally,” Hilton said.

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Billionaire Tech Investor Peter Thiel Moves Family to Argentina, Citing Concerns Over America’s “Long-Term Direction”

Billionaire investor and tech founder Peter Thiel has quietly relocated his family to Argentina, a move that is fueling speculation about the future plans of one of Silicon Valley’s most influential and politically connected figures.

The move abroad is allegedly partly driven by concerns about the “long-term direction” of the United States, as well as Thiel’s ideological alignment with Milei’s anarcho-capitalist government.

The PayPal co-founder has purchased a sprawling mansion in Buenos Aires and enrolled his children in local schools, according to recent report from the New York Times. The development has attracted significant attention on both sides of the Atlantic.

While some social media users interpreted the move as an outright departure from the United States, the reality appears more nuanced. Thiel remains an American citizen, and the overwhelming majority of his wealth and business interests remain firmly anchored in the United States.

Even so, the decision has prompted fresh questions about why one of America’s most prominent technology investors is spending increasing amounts of time in Argentina.

The answer may lie in a combination of politics, economics, and ideology.

According to reports, Thiel has developed a close relationship with Argentine President Javier Milei, whose radical free-market reforms have earned admiration from libertarians and economic conservatives around the world.

Milei’s administration has aggressively challenged Argentina’s political establishment, slashed government spending, and pursued a sweeping deregulation agenda aimed at reviving the country’s struggling economy.

Those priorities align closely with views Thiel has expressed for years.

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Illinois Plans Tax Break for Billionaires and the Chicago Bears. Everyone Else Could End Up Paying More.

The Illinois Legislature is busy advancing a bill that’s one of the most egregious examples yet of the grift between professional sports teams and state and local governments. 

Under House Bill 910, projects designated as “megaprojects” would have their assessed value frozen at a base-year level, effectively shielding all new construction from property taxation for up to 45 years. Just two developments would qualify for the maximum duration under the current language: the proposed Chicago Bears stadium in Arlington Heights and the One Central mixed-use development near Soldier Field in Chicago.

Rank-and-file property owners in Illinois pay the highest property taxes in the nation, but middle-class taxpayers get no relief under the bill. Instead, it’s likely their taxes will go up even more. The language says “megaproject” developers (for projects that cost at least $100 million) would be able to negotiate a payment in lieu of taxes with local taxing bodies, with the duration of the tax break varying by the total cost of the development. For example, if a property tax analysis of the Arlington Heights stadium estimates it to be a $5 billion development on land currently valued at $100 million, this bill would reduce the developer’s annual tax liability from roughly $350 million to approximately $7 million.

What happens to the difference of $343 million in this example? Local governments can still count the full value of the megaproject when calculating how much they’re allowed to tax and borrow—they just can’t actually collect taxes on most of the megaproject. Given the record of local governments in Illinois, it’s a pretty good bet they’ll find that revenue elsewhere by raising taxes. The legislation, as it stands, does basically nothing to address this.

The bill passed the Illinois House in April. The bill passed 78–32, with 10 Republicans crossing party lines to support it. Democratic Gov. J.B. Pritzker is busy pressuring the state Senate to get it across the finish line before the end of May. Pritzker (and the rest of the Legislature) are feeling pressure to pass the bill due to the looming threat of the Bears moving to northwest Indiana. Hoosier lawmakers, especially Republicans, have a standing offer for the Bears to relocate just across the state line for over $1 billion in public subsidies. (At least Indiana is in better fiscal health than Illinois.)

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Billionaire Democrat Tom Steyer Does Campaign Stop in Rough Part of LA – Gets Violent Threats, Man Pulls Knife on Staffer

Billionaire Democrat Tom Steyer recently decided to make a campaign stop in the Leimert Park area of Los Angeles. Things did not go well.

Clearly angry residents surrounded his vehicle and some of them shouted threats. One man even allegedly pulled a knife on one of Steyer’s staffers.

Some people in the small mob were even demanding reparations.

This almost sounds funny but as you’ll see below it was actually a very tense situation.

The New York Post reports:

Protester pulls knife on Tom Steyer staffer at LA campaign event — as wild video shows angry activists confronting billionaire

A protester at a Los Angeles campaign event hosted by California gubernatorial candidate Tom Steyer pulled a knife on his staff — as angry agitators blocked his SUV while shouting down the progressive billionaire.

Steyer had been attending a gathering last Saturday at ORA Cafe in Leimert Park, during which he told a crowd of black voters that they are owed a “gigantic debt” and that the black community is “the moral leader of the United States,” journalist Maeve Reston reported.

The event took a turn when a group of protesters arrived and things turned ugly.

“Tom attended an event in Leimert Park last Saturday to meet voters,” a Steyer spokesperson told The California Post.

“After the event was over, staff escorted him to a vehicle in the alleyway because protesters were present, including one individual who had pulled a knife on campaign staff. The campaign did not contact CHP or request a security escort.”

Video of a confrontation between agitators and Steyer’s team in the alley showed several individuals scuffling as protesters screamed at the billionaire as he apparently took shelter in his SUV.

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