Tag: billionaires

Gates Foundation Trust ups stake in U.K. prison firm

The Bill & Melinda Gates Foundation Trust increased its stake in one of the U.K.’s largest for-profit prison operators.

The trust, the Seattle-based Gates foundation’s investment arm, added nearly 200,000 shares of Serco Group Plc in May, according to data compiled by Bloomberg. That took its holding to 3.74 million shares worth about 5.3 million pounds ($6.6 million), a tiny fraction of the foundation’s total assets of about $48 billion.

The Serco shares were added to the portfolio by an outside asset manager with discretion over individual investments, according to a spokesman for the trust, who said holdings are regularly evaluated for performance and fit. The foundation’s staff have no influence over the trust’s investment decisions, according to its website.

Serco runs six for-profit prisons in the U.K., all of which are nearly filled to capacity. Britain holds a bigger proportion of inmates in for-profit prisons than any other country except Australia, and the market is dominated by three companies: Serco, G4S Plc and Sodexo SA. In January, Serco was handed a 1.9 billion-pound, 10-year government contract to provide support services for asylum seekers.

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Why Aren’t We Allowed To Talk About George Soros’s Plan To Remake America?

Since 2015, George Soros has been executing a plan to reshape the country through local district attorney elections by pumping unprecedented amounts of money into races that typically only see candidates spend in the low five figures.

Here’s why he has an interest in these local races. Soros is exploiting the reality that all politics are local in some way. To transform America, you have to transform the way towns and cities operate.

A recent exchange on Fox News involving former House Speaker Newt Gingrich, Fox News host Harris Faulkner, Democrat commentator Marie Harf, and Fox commentator Melissa A. Francis made the hair on my arms stand up because I realized how many people were either unaware of what Soros is doing or have been silenced by the idea that it’s somehow antisemitic to criticize Soros’s political activity.

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Heiress to Predatory Mortgage Empire to Spend $200 Million for Dems

The heiress to the subprime mortgage empire that preyed on minorities on its way to earning billions of dollars is now spending $200 million to boost liberal groups in battleground states, according to the New York Times.

Susan Sandler, the daughter of billionaire banking giants Herb and Marion Sandler, announced Monday that she is investing $200 million in “racial justice groups” as part of an effort to build a liberal infrastructure in states “undergoing rapid demographic change” such as Texas, Florida, and Georgia. The move from Sandler, a longtime donor to Democratic candidates and groups, is the start of a transition away from the short-term world of supporting campaigns to a long-term effort at building power, according to the Times.

The source of Sandler’s cash injection is her parents’ subprime mortgage company, Golden West Financial Corp., which was sold to Wachovia Bank in 2006 for a reported $25 billion. The couple built its fortune by offering millions of adjustable-rate mortgage loans to individuals, many of whom couldn’t afford them and eventually defaulted on their homes.

While the Sandlers came away with billions of dollars, many blame the loans they offered for causing the burst of the U.S. housing bubble and resulting financial crisis of 2007. The defaulted loans cost Wachovia billions of dollars, forcing it to merge with Wells Fargo, which eventually agreed to pay a $50 million settlement to borrowers who were misled by the Sandlers.

The Times, which covered the Sandlers’ predatory loan practices both in 2008 after the housing bust and last year in Herb Sandler’s obituary, made no mention of the source of Susan Sandler’s wealth. The 2008 Times article referred to the loans created by the Sandlers as the “Typhoid Mary” of the financial crisis.

The Times did not respond to a request for comment.

Though Sandler’s money is characterized in the Times as an investment in “racial justice groups,” the money will largely flow to political groups working to elect Democrats across the country. The listed recipients of the $200 million include the Texas Organizing Project, New Virginia Majority, New Florida Majority, and New Georgia Project.

Sandler’s political spending continues the tradition set by her parents, who used the billions of dollars they earned through offering risky loans to vulnerable populations to fund liberal giants such as Human Rights Watch and the Center for American Progress.

Documents obtained by the Washington Free Beacon in 2016 revealed that the Sandler Foundation directed at least $24.4 million to the Center for American Progress alone. Wikileaks emails released in 2016 showed that the liberal nonprofit worked to push back against criticism of the Sandlers’ loan business and its role in causing the financial collapse.

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The Pentagon’s New UFO Disclosures: 75 Years Of MK Ultra Psy Ops

For the past several decades, government-sponsored UFO research has largely been driven by the work of private subcontractors like Bigelow Aerospace which was founded by billionaire real estate speculator Robert Bigelow who allocated large swaths of his fortunes to the creation of organizations like the National Institute for Discovery Science which have always worked in a private capacity with governments and academia. One of Bigelow’s biggest tools was Sen. Harry Reid who not only received generous campaign funds from the billionaire between 1998-2009 but also allocated tens of millions in national defense funds to his company starting in 2007.

In 2014, the creative force driving the “UFO-disclosure cause” has taken the form of a weird organization called To the Stars Academy of Arts and Science run by high level intelligence operatives and using a cardboard cut-out Tom Delonge (former lead singer of the punk band Blink 182). To the Stars has poured millions of dollars into cultural/educational and lobbying projects driven by books, movies, film and documentaries in the cause of “elevating global consciousness” in preparation for a new age of UFO disclosure.

As Delonge says in his promotional video: 

“through a series of meetings I was soon connected to a large group of U.S. government officials. From the CIA, to the Department of Defense to Lockheed Martin Skunkworks. These were the guys involved in the secretive government programs that dealt with these subjects.”

Some of the shadowy figures affiliated with To the Stars include a former CIA director of operations, former Deputy Assistant secretary for Defense Intelligence, former Director of Information for White House Technology, and former chief of the CIA’s counter-biological weapons program. Both Podesta and Bigelow’s Aerospace have also worked closely with Delonge’s strange group over the past six years.

Bigelow is not the only billionaire who has allocated their vast fortunes to the cause of “UFO truth”.

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Private Investigators Say Several People Murdered Canadian Billionaire Couple Barry and Honey Sherman

Private investigators in Canada believe that a prominent billionaire couple found dead in their Toronto mansion last month were murdered by multiple assailants, pouring cold water on the theory that their deaths were a result of a murder-suicide.

Canada’s CBC News reported the private investigators’ findings on the couple’s mysterious killing Saturday, citing an unnamed source familiar with a parallel investigation into their deaths.

Police had earlier deemed the deaths of Barry Sherman, 75, and his wife Honey, 70, “suspicious” after a realtor discovered the bodies dangling from a railing near their basement swimming pool on December 15. A coroner’s report determined the couple had died from a form a strangulation called “ligature neck compression.”

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