I was inspired to do a story from a Badlands News Brief article post concerning a Business Insider article this week. I like to do these economy and business related reveals; they fall in my bailiwick. The content of this story is only one example of literally millions of stories of similar intrigue that could be told from around the globe over the past century.
Let’s start off with the article in discussion. DePat posted it in the opener and it is not long.
This would be considered a typical varnished view of what is happening economically by those of us with financial backgrounds. Which is not a bad view to take, just not for the same reasons the writer espouses. Most of us MAGA financial types know the reason to take a wait and see approach despite the obvious recession we have been in for 2-3 years is that PDT knows how to turn the ship around quickly as proven in his first term. We also know and the corporatists have proven that Wall Street financial globalists generally do not like PDT’s approach as it removes much of the Keynesian government impact from the glorious (sarc/) deficit spending they love to use to further their ambitions.
To be sure with Trump they can still stay large and in charge of their fiefdoms, they just have to acknowledge and operate fairly and legally in the same environment with the stinky, deplorable, weirdo little MAGA guys; known as Main Street.
All of their shenanigans are really simple to understand, so I advise taking time to do so for your own purposes. The globalists and politicians operate under one universally applied principle over the ages that was implemented in its current oppressive format in America in 1913 – use OPM to gain personal and business wealth and power. OPM means Other People’s Money.
To make FOLLOW THE MONEY work for you on Main Street as well as to simply understand it better in the world around you, know that it is always about using OPM. People who desperately seek riches always hoard their own given the opportunity to use OPM. Greed drives it all. This inner human flaw often leads people to seek and do unethical and criminal things to gain the riches and power that results. This is Satan’s trap that has been effectively employed throughout the ages.
Fractional banking was created for these purposes and sold to We the People as the path to prosperity. Central banking was created for power and control of those who designed it. Both could be used for the good of all mankind, but rarely are to the extent they could be.
It is not communist or socialist to believe that the world was created for the benefit of all mankind, not just the self appointed power players. The Bible promotes equality of all people and to live in abundance while providing openly capitalistic methods for achieving economic prosperity. In essence, God is the author of capitalism. Banking was present in ancient civilizations as a tool to accomplish tasks and goals. Capitalism and banking are not inherently bad. They have just been corrupted by the enemies of God.
Response
Your simple response to the world as it is, other than supporting those MAGA patriots who are actively fighting the oppressors in all arenas; is to not let the enemy have or use your assets to the best and most extent possible unless the terms for doing so are acceptable to your MAGA self. They need to bend the knee to you to get access to your money, assets and labors.
That’s it.
They can play their criminal games where they can get away with it in other parts of the world. Let other people in other nations deal with their own issues unless it interferes with you and yours. The only way some people learn to resist evil is through oppression. If they never learn their lessons it is on them. If they cannot take corrective actions and want to come here, they need to come through the front door legally.
As JD Vance stated, I do not much care about what happens in Ukraine. Let Ukrainians handle their own affairs. Be sure I hate the death and destruction. However, their situation is between them and God. If they were not ruled by a bunch of Nazis I could at least feel sorry for them. But the people took the money from the criminal globalists and politicians from here and abroad. The We the People of Ukraine did not rise up against their slave masters then or now. Many participated or at best looked the other way while fellow Russian speaking/aligned citizens were killed and injured, while children were trafficked, while money was laundered and bioweapons labs flourished. Some who stayed when Russia attacked even bowed to forced military conscription and the closure of churches. They can reap the rewards or pain that comes from it. We need to butt out of other people’s business and clean our own house of the criminal elements within.
Even though they treat it as such, the US Treasury should not be the personal piggy bank of the criminal globalists and politicians making the proxy wars and grand schemes happen. When they use it they demonstrate what side they play for and it is not MAGA and We the People. They self identify. Believe what you see, note it, and do your part to work against them.
A good example of how to respond was to refuse to cooperate with oppressive illegal “mandates”. Do not wear useless masks, do not get jabbed with experimental gene therapy shots, go to the beaches and parks, do not trust the medical industry and Big Pharm to determine your health. You do what you believe is right and good.
The enemy needs the game to be controlled for their benefit and any trickle down to Average Joe and Jill is not really in their Mission Statements. Which is why they have fought so hard using every weapon at their disposal to kill PDT both figuratively and literally. Be uncontrollable.
Yet, even with all of this opposition the markets have baked in a Trump/Vance victory. They know what is probably coming. They know the past 3+ years have been a fake economy built on manipulated statistics, deficit spending on non-productive programs, and proxy war pig activities once the residual value of the first term Trump manufacturing and trade deal changes had been absorbed. They will hedge their bets for a quick exit should the criminal elements of IC operatives, politicians, judiciary, etc. that do their dirty work happen to luck up and be successful. However, just like Vegas oddsmakers they know the likely outcome.
Which is why the stock markets are not cratering today and signaling the greatest of Great Recessions (depression) is upon us. They will try to hang on just a little while longer. But be sure of this, should the commie left pull off another election steal, our goose is cooked as an economy and super power. The deficit spending has dug a hole that is too deep for the present economy to service, much less a commie Dem economy that has even more bloated government spending. BRICS+ will take off like a rocket ship and undermine the entire American experience. There is no scenario where BRICS+ affiliated nations will accept WEF controlling the world economic action ever again.
Personally, I do not believe WEF control and the election steal will happen except in Congressional races where We the People have fallen asleep. However, my personal financial assets are positioned in case it does. I do not have to make a killing by pushing in all my chips into the stock market as the markets ease down until after the election is called. I am willing to accept less immediate returns in lieu of longer term gains later after PDT wins. Should another steal happen and the bottom drop out of the economy my family is in as good of no lose financial position as one can be barring a national collapse.
For those with a sports understanding, the oddsmaker’s lines on games have already been baked into the likely outcomes and the people who control the action know more than the average Joe or Jill. Which is why I never gamble, I am a bad loser. For this economic comparison, Average Joe or Jill should have that same understanding when it comes to Wall Street and the markets. The street knows more. They have access to the seats of power that We the People do not have. Which is why I never bet on the come and lead with my investments. Once the street convinces enough people (primarily through media hype and politician actions) to start using that as a strategy, they pull the rug out and start bottom feeding on the misery that follows. Those are troubled waters I steer clear of in my personal investing. I wait and join the bottom feeders for long term gain opportunities at the appropriate time.
The Oracle of Omaha, Warren Buffett, is currently building a giant war chest of cash. He has buying at the right time on his mind. He is rarely wrong or has lost money on a transaction. That tells me the markets are going down, just not radically. Buffett buys quality companies with upside. Typically he does not bottom feed. His current positioning tells me he sees quality companies to purchase with upside that will be growing in a PDT based economy.
He has used this strategy successfully nearly all of his career. He probably believes there will be an explosion of industrial based growth as PDT goes into office and his policies instituted. As a small investor, you simply watch what the big guns do combined with observing what PDT and his trade guys emphasize. You already know it will all be focused on domestic energy production, military preparedness, increasing domestic manufacturing and stopping the flow of illegals from what he and JD have already told you. That means they will be jettisoning illegals working for cash that take jobs and depress wages for working people, issuing work visas for legal immigrants who have more to contribute to society, and lowering unemployment overall with higher wages and benefits for We the People while maintaining or improving the current federal tax provisions.
Business Insider
Back to the original article with its soft sale of recession fears. They use a lot of nerdy stats talk that is gibberish made to sound intelligent from data that has been manipulated by the crim Dem machine. We first need to ask the question, just who is Business Insider (BI)? Are they a trustworthy source of information? Wikipoop has a reasonably good summary.
https://en.wikipedia.org/wiki/Business_Insider
So then, basically they are the Huffington Post of digital business media. The linked article tells us they were purchased by…
https://en.wikipedia.org/wiki/Axel_Springer_SE
First, look at the historical background of when Business Insider was started – 2007. That would be the year before The Great Recession. BI was later sold in 2015 at the end of Soetoro’s reign of terror before the expected coronation of Cankles for estimates of $343 million to as high as $442 million per various sources. This web based compilation of industry blogs somehow went viral enough to make hundreds of millions of dollars for the owners eight years later through the worst of the recession (depression). The world’s economic markets tank, yet, these Business Insider magic men make a bundle on dubious investing advice, advertising and financial reports? What gives? How are digital media companies valued anyway?
Of the primary three BI founders, it is Henry Blodget who is the apparent money/investor (bag man) guy as well as probable IC connection. He is the bad boy who once bought his way out of trouble (civil settlement of criminal charges – $4 million fine), whose career was resurrected with his internet industry buddies at the start up of Business Insider. In his past he had worked his way through Prudential, Oppenheimer and Merrill Lynch during the dot.com era before running afoul of the SEC at ML. It is in that employment trail we find he made an early call for Amazon to go from $240 per share to $400 when the rest of the markets disagreed. His reputation grew when he proved correct. It is here we first find the connection to the IC in the person of Jeff Bezos, who later invested into Business Insider the year (2014) before a majority interest was sold to Axel Springer SE of Germany. How lucky was that? 😂 Scratching backs of each other had a big payoff for both. But it does not end there.
Blodget’s resume includes contributing stories to Slate, Newsweek and New York magazines, NY Slimes, Forbes Online, etc. until November 2023. Do you see which side he plays for throughout all of this? He is another Dem clown creation operative/influencer.
So, who is Axel Springer (AS)? AS is a multi national mass and online media company headquartered in Berlin, one of the largest of its type in the European Union. It was started by the Springer family patriarch immediately after WW II. They are now reported to be the fourth largest digital media company in the world. They own multi media news brands in Europe along with a well known one in America. Have you ever heard of POLITICO? Of course you have. They bought control of it in 2021.
Interesting timing of the sale and purchases of the company, don’t you think?
Below is the company provided profiles of current Board members.
https://www.axelspringer.com/en/who-we-are/management-boards
There are a couple of interesting paragraphs in the Wikipoop article on AS. First is this,
In July 2024, reports emerged that Axel Springer and private equity group KKR were in talks to potentially split the media conglomerate. The proposed deal would separate the group’s media assets, including Politico, Business Insider, Bild, and Die Welt, from its digital classifieds operations such as StepStone and Aviv.
Henry Kravis of KKR is an Establishment Republican tied to all the usual Establishment/RINO DC names. However, he wrote a check to PDT’s presidential inauguration for $1 million. Curious use of funds isn’t it?
There are three KKR executives on the AS supervisory board. AS is also a big backer of the sexual pervert movement which we know the alphabets support.
https://www.axelspringer.com/en
Who is pushing the splintering of Axel Springer – why KKR of course. There is money to be made and politics to be influenced. This is a very recent article. Be sure and see KKR’s proposed partner in the transaction. O Canada…
All of which leads to the following paragraph also from the AS Wiki article:
Pro-American editorial bias and alleged ties to US intelligence agencies
Gudrun Kruip, a scholar associated with the Stiftung Bundespräsident-Theodor-Heuss-Haus, has claimed that Axel Springer SE, along with its subsidiaries, exhibits a pro-American stance, often omitting criticism of US foreign policy. This observation is then backed by allegations made by two former CIA officers in an interview with The Nation, claiming that Axel Springer received $7 million from the CIA. The purpose of this funding, they allege, was to influence the publisher to align its editorial content with American geopolitical interests. Although no conclusive evidence has come to light, Springer’s admission in his autobiography regarding the financial challenges faced at the outset of his publishing venture, suggesting the necessity of external funding for the company’s rapid growth led Kruip to believe that the allegations of CIA financial support are credible.[As of 2001, the Axel Springer SE names “solidarity with the libertarian values of the United States of America” as one of its core principles on its website. This explicit stance has led to critiques from scholars and independent observers regarding the company’s perceived alignment with American interests. Furthermore, an article in Foreign Policy has critiqued Axel Springer SE for a history of compromising journalistic ethics to support right-wing causes, implying a longstanding pattern of bias in its publications.
You can be assured that none of the above was for the benefit of MAGA. Germany’s right wing thought processes do not come close to matching America’s. Nazism is a tad different than MAGA. To support the Establishment in their world would be the more likely scenario. The same Establishment that uses corrupted corporatism to influence governments, blackmail and extort do so to rule the world.
Are you still marveling at how much money the three musketeers received to relinquish control of BI? Do you believe it was legit transaction? You may want to review a good primer of how to financially value digital media companies to gain more understanding.
Next, focus on the following paragraph from that same article.
Ultimately, an online media brand is “worth whatever someone is willing to pay for it,” quipped media reporter Peter Kafka, as observers marveled over the nearly 9x revenues Business Insider was said to have gotten from German publisher Axel Springer when it sold for what equated to a valuation of $442 million.
Even industry experts could not figure out why AS paid that much for BI. Why would AS pay nearly 9 times revenues for a company in an industry that typically sells for 2.5 to 5 times revenues that has a plethora of other digital media sources more sophisticated and competent than BI they could have purchased?
🤣
Probably because somebody(ies) got a payoff for services rendered. Who helped fund the money AS paid to BI along with a myriad of other media investments through the company’s history? I can answer with another question. Who launders the most money in the entire world? Begin by looking at the timing of the start up of Axel Springer in Berlin – 1946. Does that year ring a bell? Oh yeah, the same year that the Central Intelligence Group was founded and became the CIA a year later, right?
https://www.cia.gov/legacy/cia-history
The answer to who helped fund them is obvious throughout this story. However, how many of you knew or suspected that KKR is a frontal business assault company used by the clowns to help achieve their goals? The original ball busting corporate raider is not what people think it is in my opinion. Especially when you know with certainty that a person of interest who plays for the Establishment and Dems in particular is on board. QTree readers, say hello to David. I am sure you will remember him.
https://www.kkr.com/about/our-people/david-h-petraeus
Not all of the mess has occurred under Soetoro’s watch, but BI’s did. Now who would have been the Director of clowns during that period; why this guy along with his DNI sidekick, James Clapper.
Conclusion
Usually, you do not have to dig very deep to get answers on which team a business or its principals play. They take great pride in their accomplishments and love to brag to the world. As a result you can generally believe what you see. It is then easy to see why and how they influence elections, produce pork in Congress, influence policy decisions, do their war pig thing, and so on. The other stuff their owned media sells as news is fluff and bright shiny objects for the sheeple to chase. It is intentionally utilized diversion. Rest assured, as long as the globalist crims have access to OPM, they will permit or do anything to position to take advantage.
Which is how the deadly game in America as played out on the world stage today comes to a conclusion. Remove access to OPM and they die in the hot sunlight. You do your part for you and yours, then help patriots in positions of authority to do theirs.
I will finish by posting Ashe in America’s response to the original linked article from BI. Her response as well as my story offer alternatives to just suffering through it all.
Ashe –
The most shocking part of this article is the assertion that everyone thought the economy was good before 8:30AM last Friday.
Like, really?
They can’t actually believe this assertion, if for no other reason than the same article goes on to recount the downward trends in economic metrics going back months.
They’re also still saying that we aren’t in a recession yet. I believe we’re in a recession by late 2021; they just manipulated the metrics and changed the definition.
The responsibility to feed your family is an individual one, and resilience should be your primary goal at this juncture.
The economy is a house of cards, and the wind is blowing. — Ashe in America
Take care of your communities and families, my friends. Blessings to all.
Sturgeon’s Law: “Ninety percent of everything is crap.”
cthulhu’s observation: “Sturgeon was an optimist, particularly with regard to government statements.”
🤣. 👍
The more you get into this stuff and study the interactions the more you realize just what you said, Sturgeon was an optimist.
The opposite was true with our coinage. 90 percent was gold or silver, 10 percent was crud.
From the first link.
The jobs report said the US economy added 114,000 jobs in July, far fewer than the 176,000 jobs that economists expected.
The unemployment rate jumped to 4.3% from 4.1% the previous month.
Me. Coming next month or whenever, those numbers will be adjusted.
Jobs added will be adjusted lower.Unemployment higher.—–
Two more from the first link.
BRICS+ will take off like a rocket ship and undermine the entire American experience.
There is no scenario where BRICS+ affiliated nations will accept WEF controlling the world economic action ever again.
Me. Not happy for what will happen to what we’ve become accustomed to. Trump and the like can lessen the damage for sure. May seem odd, but I am quite happy for BRICS+ breaking free of the shackles, for something better.
Perhaps JD can carry on, after Trump’s next four years.
I have zero faith in the R-Con rabble. None.
We need good honest businessmen in government, starting at the WH.
—
Me. The economy is crumbling.
Jobs, wages, prices, increasing regulations, Feds totally wasting tax dollars borrowed from Chinee. War on farmers. Government weaponized against citizens. Illegals flooding the country and too many will vote.
I could go on. Anyone could make a long, long list.
IF Trump does not get sworn in, we are fucked.
Yup. Pretty much spot on in my opinion.
I am calling on divine intervention.
Also in my opinion. Trump has already cut the deal with the BRICS+ backers providing he goes back in.
Yeah I’m in agreement with you, if there’re able to insert anyone beside PDJT we’re definitely screwed.
Great read TB2 thank you
👍
Thanks for reading.
TradeBait2
Thank you for this! Yes, it’s a game to the DeepState / TPTB — OPM (Other People’s Money); and OPL (Other People’s Lives.)
IMO, more people need to understand this.
Exactly, PAVACA. I agree, it is played openly for all to see. They don’t even care if we see it anymore.
Just for yucks…ShadowStats
The Real State of UnemploymentSubmitted by Paul Craig Roberts on August 17, 2015
Good post. Perfect illustration of how the data has been tampered with over the years.
There is an underground economy, good and bad, that is massive in this country that none of the politicians and pundits discuss.
Since our business banking operation handled government guaranteed financing we had to make periodic reports to them. Some were as simple as how many jobs were being created or saved with each financing. The reporting method used was SWAG from the borrower/business owner. The agencies never followed up or cared about what really happened as long some numbers were in the report that made them look good.
As I recall during Obama the underground economy was estimated to be a 2 trillion dollar industry. I am sure it is a lot more now with all the drug trafficking and child sex trafficking and illegals working under the table.
From my old notes:
To explain a little further as to why we are seeing a collusion among corporations, bankers and politicians on the “Broken Window Fallacy” you have to understand a bit about commerce.
The Evolution of Commerce
Originally commerce or trade was simple barter between two people. ‘Money’ a divisible, portable, durable and scarce commodity was used to facilitate barter. For example Hudson’s Bay Blankets were so important to early trade that they were considered a form of currency.
Merchants, like the Hudson’s Bay Company made money by moving goods from an area of plenty to an area of scarcity. They took a cut of the ‘profits’ by doing so. War Lords/Governments made trade between points easier and safer and also took a cut of the profits otherwise known as taxes.
The goldsmith guilds got into the act by storing gold and silver, the favorite currencies and issuing a receipt that would be honored by another guild member in a different town. The goldsmiths, not being dummies, figured out
a) only about 10% of the stored metal was ever called back into use.
b) the receipts acted as paper currency and they could make additional receipts without actual metal to back them up. These receipts could then be lent out at interest (Fractional Reserve Banking) so they got a very large cut of the profits.
The final actor in the play were companies who amassed equipment, workers and raw materials in one building to mass produce products more quickly and easily. Again they got a cut of the profits for their trouble.
So we have gone from trade as simple barter between two people to a complex system where every trade has multiple chunks taken out of the ‘profit’ by various interested parties.
The second factor in commerce is a young vs a mature market. In a mature market the number of trades is relatively low. People HAVE their cars, TVs, computers, stoves, frigs, dishwashers and they are not interested in replacing them without a tremendous marketing effort or a major innovation break through. Therefore The Broken Window Fallacy is seen as generating more trades and therefore more total profit for the businesses, banks and taxes for the politicians WITHOUT REAL EFFORT OR VALUE being expended. Customers are forced to buy products they do not want by “Royal Decree” and perfectly usable products are outlawed.
Far from being “Sustainable” or “Green” the global warming scam is destruction of wealth, breaking the window so to speak, to artificially stimulate trade.
The war we see in Ukraine is even worse. It will not only kill off a LOT of working age males, it will transfer property, farms and mineral wealth to corporations like Black Rock AND THEN US tax payers will end up PAYING those corporations to rebuild the ‘Broken Window’
Spot on. It is a system that most of our DC elected officials are in on. Once elected they forget who hired them and join the money grab.
It’s broke.
It really helps to have atleast a working knowledge of how commerce works.
What is amusing, is I am a fan of Mises. E.M. Smith (ChiefIO) is trained as an economist. I finally had him starting to see my point on Mises and money printing. Not bad for a chemist talking to an economist! 😆
Good reading, tb2. I’m trying not to freak out, I have all my money in savings.