World Economic Forum: Employee Ownership – A Ponzi Scheme

The main thrust of the World Economic Forum 2023 is “Resilience”.   Corporations are warned that they need quick and decisive action in the face of adversity.   The slower they react, the more likely they will fail their ‘stakeholders’.   Shareholders are passé.   WEF Young Leaders have infiltrated every western country, and China. Those from Taiwan list their country of origin as Taiwan, China.   NOT Taiwan, USA.

In our new world of DEI and sustainability – it appears the concept is appeasement.   Websites have been redrawn to host a black representation of life.   Diversity experts showcase the corporations stakeholder agenda.   While behind the scenes Boards are typically white male dominant.   The point – the D in DEI is a nod, not a reality.

Equity:   this concept is a bit more creative in its logic and rationale. The term “equity” refers to fairness and justice. Equity means recognizing that we do not all start from the same place and must acknowledge and make adjustments to imbalances. ~ NACE

It is under this presumption that DA’s refuse to prosecute – because criminals started from a place of imbalance and thus are not responsible for their crimes.   By contrast, it is presumed that all educated White people come from a place of upper class standards and therefore their crimes must be over-prosecuted to account for the injustice of equity.

Inclusivity:     This term did not apply to people until recently. It’s previous meanings were more aligned in entities or resorts or family.   It was not until the great sustainable word began to be used in every sentence that ‘inclusive’ was brought in as a form of ‘nonracism’.

The WEF list of global fellow youth leaders is inclusive of Christina Freeland of Canada, and Maria Bartiroma of the US. A prominent sponsor of the WEF is McKinsey & Company.

McKinsey’s website states they want to build an ‘Inclusive Economy”.   Lead in;   7 in 10 people live in societies with growing inequality.For McKinsey this means delisting colleges and attracting more people to trained skill positions. Their point? College does nothing to prepare a person for work.   It is a good point, relevant, and viable – IF that is what they actually were trying to achieve.

Unfortunately, McKinsey then starts with the Bill Gates/WHO methodology of tossing out fake success numbers that are completely, entirely fabricated.   “We saved 5 million lives” – “We have helped reskill 1.25 million people”…   False Advertising used to be a crime.

In complete contrast to the WEF they fund and sponsor, McKinsey claims Ownership Works, and have created a new NGO with the name.   Website:   “We are reimagining Equity to Build Wealth For All”. Funding is predominantly from Banks, Investment Funds, Big Oil, and includes Rockefeller Foundation and Omidyar Network among other noteworthies.

Their objective is for employees to become the owners of an existing company – overseen by an ‘investor’. The Investor is a funding partner of Ownership Works;   Berkshire, KKR, Silver Lake, Blue Wolf Capital, etc…   The appointed Investor manages all the business and decision making on behalf of the employee share owners while training the employees is a joint effort of McKinsey and the WEF.   For a Fee.

But it isn’t exactly how it sounds.   Employees are given shares in the company in the highest dilution possible.   For example:   Harley is predominantly owned by BlackRock and State Street. More than 146 million shares are outstanding.   The shares given to employees are infinitesimal compared to the number outstanding and the employee is only given the value of the shares when they retire. More like a pension plan. Or restricted stock shares that cannot be sold.

Harley Davidson’s share value since 2014 has halved.   Employees are warned that the risk of ownership may outweigh its benefit ~ SEC.

When United Airlines instituted 55% stake employee ownership – it came with restrictions such as reduced pay, reduced benefits, and work-rule changes.   The largest shareholder of United is – Vanguard.  It is the Hedge Funds which rule the Board of Directors which rally the Executives to do as they are told.   Employees are still just employees – only now they are getting paid less.

The idea of employee ownership has not taken off very well. It is not about ownership per se, you are still simply an employee with reduced wages and benefits and a retirement plan built on owning one stock. By comparison, executives are offered higher options, unrestricted, and retain full power.

This is more like a PR stunt to pay less employee wages and benefits such as 401k plans – in the present and future while maintaining the same structure.   A Ponzi Scheme – a shell game because you still don’t have real ownership – your stock has no value – until you retire.

Note:   In the 1980’s when the communists took control of Poland they instituted similar measures;   to buy any car, you needed to pay the FULL cost up front, wait 5-7 years for the delivery of said car, and if the value increased during the time between purchase and delivery you had to pay the difference. If the value decreased, Your Loss!   Exactly the same as the employee stock ownership plan…

 

 

 

BOYCOTTS: The Big 3 – BlackRock, Vanguard & State Street

The backlash boycotts against Disney, Bud Light and now Target have been massive and effective.  While Bud Light attempted to rectify their misaligned marketing campaign, Target has taken the ideology to extreme levels in promoting trans conversions for ‘children’.   The Target marketing strategy was NOT in the adult section of the store – it was pushing an agenda on children’s clothing.   These are Public Companies with fiduciary responsibilities and duties to their shareholders – that could result in lawsuits for gross mismanagement.

In 2023, Disney has lost 6.4 million subscribers as a direct result of their internal policies.   Since March 2021 when the boycott began the share price of Disney has tanked from $197 per share to just $88.   Target’s share price has dropped a full 13% since the boycott began just ten days ago translating to a $10 billion loss.   Unlike Bud Light, Target doubled down;  adding satanic clothing for children.

The bottom line of marketing strategy is to increase sales thru an understanding of who your market audience is.   Less than half of 1% of people in the US identify as trans.   I remember when BLM began its racist canvassing campaign – Jesse Waters started the college campus crusade equipped with a microphone and some basic questions.   His comedy revealed that the uneducated college grads thought the US population demographic were comprised of over 50% black vs 13%.    Why?  Because the media pushed that belief.

Today the media push is to create the impression that the trans community is representative of 10%-20% of the US population and they ALL are pedophiles looking to convert your children.   In actuality – the source of this version of wokeness is born primarily in schools.   Schools funded by tax dollars thru Department of Education and Property Taxes.   Property Taxes are supposed to fund based on “enrollment”.

In that revelation – the best means of boycotting trans indoctrination of children would be to pull your children from public education.   As schools face reduced enrollment, they have a choice in reducing trans aligned woke teaching or conservative teachers dedicated to helping children achieve!   Like public companies – that choice is a bottom line depression.    Homeschooling being the most viable option it has evolved into an enterprise of its own!

In a true Capitalist society, the executives of corporations are paid based on performance.   They are rewarded based on performance.   A negative performance would typically result in their dismissal or the forfeiture of a large portion of their salary.   Target executives and the Board apparently don’t care – and that is concerningly odd.

When boycotts are rabid – Target’s CEO, Brian Cornell, made the corporate decision to suffer losses on behalf of their shareholders.   Knowingly.   In defense, Cornell is claiming his policies have been the ‘driver of growth’ via diversity, equity and inclusion.   That declaration is false – Target’s Leadership team has one black.   Cornell has been Target’s CEO since 2014.   When he came onboard the stock was trading at roughly $60 per share.   By July 2021, Target shares had risen to $260.   Today the stock has dropped nearly 50%, Net Income is at its lowest level since 2017 and EPS have dropped nearly 60% year over year.

Who is really driving the Corporate Wokeness?

The answer is the Hedge Funds:   BlackRock, Vanguard, and State Street who are among the largest investors of all major corporations.  They make the rules, initiate the Credit Scoring system that all corporations must abide by or have their business literally destroyed.   These Funds force the incorporation of ESG.   In the case of BlackRock, Larry Fink is the progenitor of all things Liberal Agenda compliance.

BlackRock is now the largest Hedge Fund in the world holding over $10 TRILLION in assets.   Fink sits on the board of the World Economic Forum.   BlackRock’s fame began in 2008 when the Bush administration contracted with them to help ‘cleanup the contrived financial meltdown’.   This move cemented BlackRock’s power within the CIA/Obama alliance.   Over the following 13 years, BlackRock’s portfolio increased 1000% and its share price tripled.

In 2019, Fink declared he would divest BlackRock of fossil fuel companies.   Despite that declaration, the Fund owns 92m shares of ConocoPhillips, 39m shares of Marathon Petroleum, 47m shares of EOG Resources, 33m shares of Valero Energy and 134m shares of Chevron.  What the portfolio lacks is solar and wind farms.   There is no ESG.   It died because it wasn’t profitable.

BlackRock owns 7.5%% of State Street, with a total of $8 trillion under management.   They own nearly 14% of Vanguard which has assets under management stated to be $7.2 trillion.   Vanguard owns 8.4% of BlackRock, and State Street owns 4.2% of BlackRock.  These three Institutions hold roughly 18.5% of Disney.   It is a circular CLUB.

When conservatives initiate boycotts the losses sustained by the individual companies also hit these Monster Hedge Funds!  That equates to losses for these Institutional Holders when conservatives Boycott.   That is Power.

These three hedge funds control $25 trillion in assets – ¼ of Global GDP.   This is why they continue to believe that they are the Global Chosen Ones.   By comparison, the BRICs control 31.5% of global GDP having surpassed the G7 at 30%.     Bloomberg estimates this skew will grow exponentially by 2030 when the BRIC’s will control 50% of global GDP.   China is the largest BRIC member.   While demonizing the China narrative, in reality all US intelligence agencies concur that wooing China is imperative.

Decoupling China assures the rise of BRIC’s – and the fall of the G7.   While our esteemed government demands a decoupling based on the false premise that China has aspirations of heading the New World Order via organizations such as WHO, they wholly ignore the Bill Gates and Clinton control…   A damaging view that will allow the true Cabal in Power.

A different assessment might simply couple trade with China via an alliance that is based on a ‘package’.   The package would limit deficit trade to zero.   Assure the dollar as the means.   And create a more broad based alliance to include greater trade with India, Mexico and South America.   A Department of Trade to fill the voids of the eliminated:  Department of Education, Department of Interior, Department of Labor, Department of State, Department of Health, Federal Reserve, CIA, FBI & NSA, and Department of Housing whose functions have little affect on our economy, is a MUCH more economic powerhouse! 

These drags on growth would also eliminate NGO funding which operates as the Shadow Government, aka The Cabal.