Tag: ruling elite

Elite Flock to Doomsday Bunkers as World Bank Tells Peasant Class NOT to Store Food

Since the invasion of Ukraine began, manufacturers of doomsday bunkers have seen a massive spike in sales. This is typical during any crisis as people wait until the last minute to start preparing. What sets this rush toward prepping apart from ones in the past is the fact that the World Bank is warning against such actions — despite many of their elite friends doing exactly that.

During a virtual event hosted by the Washington Post on Monday, World Bank President David Malpass told people not to store food or gasoline in spite of the massive spike in prices since the Russian invasion of Ukraine.

“The right thing to do in these current circumstances is not to go out and buy extra flour or extra gasoline, it’s to recognize that the world is a dynamic global economy and will respond. There’ll be enough to go around,” Malpass said.

Malpass’ intentions are clear — don’t create fear to further hurt the supply chain. But it is too late for that and people should definitely be preparing. In fact, it may be too late.

While high prices and inflation are being blamed on Russia, it is important to point out that we have been headed in this direction well before the invasion. Russia was just an easy scapegoat.

While the president blames high prices on “corporate greed” and the Federal Reserve blames supply chain dysfunction, no one is looking at the elephant in the room — massive expansion of the money supply and insane deficit spending which has reached historical proportions in the last two years.

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Wealth of 10 richest men ‘doubled in pandemic’

The pandemic has made the world’s wealthiest richer but led to more people living in poverty, according to the charity Oxfam.

Lower incomes for the world’s poorest contributed to the death of 21,000 people each day, its report claims.

But the world’s 10 richest men have more than doubled their collective fortunes since March 2020, Oxfam said.

Oxfam typically releases a report on global inequality at the start of the World Economic Forum meeting in Davos.

That event usually sees thousands of corporate and political leaders, celebrities, campaigners, economists and journalists gather in the Swiss ski resort for panel discussions, drinks parties and schmoozing.

However for the second year running, the meeting (scheduled for this week) will be online-only after the emergence of the Omicron variant derailed plans to return to an in-person event.

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Yachts To Be Exempt From EU’s Carbon Pricing Plan

If there is anyone still confused why ESG, and the entire “green” movement is one giant, boiling cauldron of lies, hypocrisy and fraud, read on.

Last summer, we reported that the European Commission – that murder of career bureaucrats – has proposed exempting private jets, the one most polluting form of transportation, from the planned EU jet fuel tax. A draft indicated that the tax would be phased-in for passenger flights, including ones that carry cargo. Private jets will enjoy an exemption through classification of “business aviation” as the use of aircraft by firms for carriage of passengers or goods as an “aid to the conduct of their business”, if generally considered not for public hire. It gets better: a further exemption is given for “pleasure” flights whereby an aircraft is used for “personal or recreational” purposes not associated with a business or professional use.

This is odd because a recent report found that private-jet CO2 emissions in Europe rose by 31% between 2005 and 2019, with flights to popular destinations up markedly during summer holiday seasons. So if Europe was truly concerned about curbing CO2 emissions it would ostensibly go after some of the biggest culprits… but no.

Of course, since it is mostly billionaires and the ultra wealthy that fly private, and these same billionaires and ultra wealthy tend to be exempt from regulations (which are usually written by politicians that the ultra rich have previously bribed or bought) that apply to the rest of the peasantry, this was hardly a huge surprise.

Which is why we doubt that the latest news showing just how pervasive the “green” hypocrisy is, will also come as a surprise.

According to a new report from Transport & Environment (T&E) titled “Climate Impacts of Exemptions to EU’s Shipping Proposals:
Arbitrary exemptions undermine integrity of shipping laws” , more than half of Europe’s ships would be exempt from the European Commission’s carbon pricing plan for the sector. Among them: highly polluting if extremely desirable – for the Monte Carlo set – yachts.

According to the report, in July 2021, the European Commission published a set of proposals to decarbonize the maritime sector. However, what quietly not mentioned, is that the proposed carbon pricing scheme (ETS) and the low GHG fuel standard (FuelEU Maritime) will only apply to ships above 5,000 GT and exclude a number of ship types such as offshore vessels, fishing vessels and…. yachts.

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