Tag: billionaires

Bill Gates Goes Full Captain Planet, Wants To Change “Every Aspect Of Economy” While We Dine On Fake Meat

Microsoft founder Bill Gates is pushing drastic and ‘fundamental’ changes to the economy in order to immediately halt the release of greenhouse gasses – primarily carbon dioxide – and ‘go to zero’ in order to save the planet from long-prognosticated (and consistently wrong) environmental disaster.

Changes we’ll need to make in order to realize Gates’ vision include:

  • Allocating $35 billion per year on climate and clean energy research.
  • Electric everything.
  • Widespread consumption of fake meat, since cows account for ‘4% of all greenhouse gases.’
  • Retooling the steel and cement industries, which Gates says account for 16% of all carbon dioxide emissions, to inject up to 30% of captured C02 into concrete, and create a different type of steel.
  • Widespread adoption of next generation nuclear energy to supplement wind and solar.

And since producing plants to make fake meat emits gases as well, Gates has backed a company which uses fungus to make sausage and yogurt, which the billionaire calls “pretty amazing.”

“When you say fungi, do you mean like mushroom or a microbe?” asked Anderson Cooper in a recent “60 Minutes” interview to promote Gates’ new book, “How to Avoid a Climate Disaster.”

“It’s a microbe,” replied Gates, adding “The microbe was discovered in the ground in a geyser in Yellowstone National Park. Without soil or fertilizer it can be grown to produce this nutritional protein — that can then be turned into a variety of foods with a small carbon footprint.”

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Who’s up for a lecture from Bill Gates about major sacrifices we need to make to save the planet?

It looks like Bill Gates isn’t just relying on the potential of sun-dimming technology to save humans from a climate change fate he says awaits unless something is done, because the Microsoft co-founder is already warning the masses that they’ll be required to make some sacrifices. Gates made the comments in a “60 Minutes” segment with Anderson Cooper.

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U.S. Billionaire Wealth Rises 40%, Up $1.1 Trillion, Since March 2020

As we have continued to document, Central Bank “responses” to the Covid pandemic have done little for lower and middle class Americans and continue to disproportionately enrich the already wealthy. 

Further evidence of how the Fed’s flawed policies work, in action, came from the Institute for Policy studies and Americans For Tax Fairness, who yesterday issued a press release noting that 10 months into the Covid crisis, America’s billionaires have seen their wealth rise 40%, or $1.1 trillion. 

Using March 18th as a starting point for the pandemic, the release offers up similar stunning numbers to those that we have been covering since 2020. 

“Not much has changed for America’s billionaires in the midst of the crisis—except the further swelling of their bank balances,” the release says. “The combined fortune of the nation’s 660 billionaires as of Monday, January 18, 2021 was $4.1 trillion, up 38.6% from their collective net worth of just under $3 trillion on March 18, 2020, the rough start of the pandemic.”

“At $4.1 trillion, the total wealth of America’s 660 billionaires is two-thirds higher than the $2.4 trillion in total wealth held by the bottom half of the population, 165 million Americans,” the release notes.

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The Top ‘Owners’ Of America’s President-Elect Joe Biden

Top Contributors, federal election data for Joe Biden, 2020 cycle

totals include subsidiaries and affiliates.

  1. Bloomberg LP [Michael Bloomberg] $56,796,137
  2. Future Forward USA [largely Dustin Moskowitz] $29,917,229
  3. Priorities USA/Priorities USA Action [Hillary backers] $25,841,199
  4. Asana  [Moskowitz & Rosenstein] $21,937,902
  5. Sixteen Thirty Fund [dark money] $19,874,655
  6. Democracy PAC [George Soros] $19,000,000
  7. Senate Majority PAC [Democratic billionaires] $12,371,874
  8. American Bridge 21st Century [largely Soros] $10,260,573
  9. Paloma Partners [Donald Sussman] $9,016,248
  10. Euclidean Capital [James Simons] $7,006,805

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Ten of the world’s richest people increase wealth by more than $450 billion during coronavirus pandemic

Ten of the richest people in the world have increased their vast wealth by more than $400bn during the coronavirus pandemic, new figures show.

The extra wealth accumulated by the 10 men – around $450bn – since the coronavirus pandemic began, has come as a result of social restrictions as people were trapped at home, and governments turned their attention towards more environmental power supplies.

As the public have been forced to order Christmas presents online after non-essential retailers closed for months, Jeff Bezos, the founder and chief executive of Amazon, has watched his wealth rocket by $70bn since March, according to the Guardian.

He is now worth a reported $185bn as hundreds of millions of people stuck at home turned to the online delivery giant to keep themselves fed and entertained.

Other members of the super-rich elite who have seen huge financial benefits during the crisis include: Elon Musk, the founder of Tesla; Bernard Arnault, the French billionaire who owns most of luxury brand portfolio LVMH; Facebook’s Mark Zuckerberg; and Google’s Larry Page.

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ELECTION 2020: Establishment Dems Can’t Say ‘No’ to Billionaires

In real life, billionaires don’t bring any exceptional brilliance into the political process. They bring their billions. They bring outsized stashes of cash that can distort election outcomes and safeguard their fortunes. Witness the $200 million our tech giants spent this fall on a ballot initiative to kill protections for gig workers.

And these dollars, even worse, drop a suffocating ideological wet blanket over the campaigns that Democratic Party candidates run. In this fall’s presidential contest, for instance, Joe Biden and Kamala Harris were formally running on a platform many analysts considered “the most progressive document to come out of a major national party in U.S.  history.” The ideas in that platform — everything from a $15 minimum wage and ending tax breaks for capital gains to making public colleges and universities “tuition-free” for most students — had come out of joint task forces that brought together the party’s left and moderate wings.

But the campaigns up and down the ticket essentially ran away from anything that might overly discomfort the nation’s most comfortable — and let Donald Trump and his pals pose as champions of average people against America’s overbearing elites. Trump came unnervingly close to winning. Many of his endangered pals did win.

Various national pundits are now savaging Republican movers and shakers for indulging Donald Trump, post-election, at his every narcissistic turn. But Democratic Party insiders remain largely free to indulge their super-rich benefactors. That has to change.

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Why Did Leon Black Pay Jeffrey Epstein $50 Million?

Billionaire Leon Black gave his longtime pal Jeffrey Epstein $50 million dollars after the deceased financier got out of prison for pedophilia.

The transfer of funds was made in at least two payments, one of which Deutsche Bank flagged as unusual, according to the New York Times, citing ‘two people familiar with the matter.’

Epstein served as a director on the Leon Black Family Foundation for over a decade, and also accepted a $10 million donation for his Gratitude America foundation from Black’s “BV70 LLC” charity.

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