The Great Redistribution of Wealth 2020

How the year of Covid and social justice enriched the rich and hurt the rest of us

We may have just witnessed one of the greatest redistribution-of-wealth events in world history.

In America in 2020, over 100,000 small businesses closed their doors forever; a record 46 medium-sized companies, each worth over a billion dollars, declared bankruptcy; and the average private-sector wage in real terms declined by almost 3 percent (probably more than that since stimulus checks accounted for much of the pay people received). Over 76 million people lost work and about 18 million people were still collecting unemployment as of January 30, 2021 (Inequality.org). Additionally, homelessness grew by 2.2% (HUD).

Not everybody suffered, though.

According to The Observer, “As a class, the world’s billionaires’ total net worth grew by $5.1 trillion in 2020 to $13.1 trillion.” Imagine that. While you were sitting at home worrying about how to pay the mortgage, the world’s richest people were increasing their wealth by nearly 40%, pocketing a cool $5 trillion. Coincidentally, that’s exactly how much our US national debt rose: from $22.7 trillion in 2019 to $27.7 trillion in 2020 (The Balance). Our debt per citizen is now $85,000.

Here’s a look at how well a few of those world’s billionaires’ companies did while we were being bombarded with Covid fearmongering and anti-white protests:

Alphabet’s gross profit for the twelve months ending March 31, 2021 was $106.829B, a 16.36% increase year-over-year. (This is the company that owns Google and Youtube.

Amazon’s Annual revenue went up 38% to $386 billion, a yearly increase of over $100 billion. Net profit for Amazon was up 84% for the year as compared to last year.

Microsoft delivered $143 billion in revenue, $53 billion in operating income, and more than $60 billion in operating cash flow—and returned $35 billion to shareholders. Cloud surpassed $50 billion in revenue, up 36 percent year-over-year.

Facebook’s revenue amounted to roughly 86 billion US dollars, up from 70.7 billion U.S. dollars in the previous fiscal year.

Twitter saw a 25.1% increase year-over-year.

Walmart’s eCommerce sales increased by 35%. Walmart generated total revenues of $524.0 billion, which primarily comprised net sales of $519.9 billion. The Walmart heirs and Jeff Bezos have grown $116 billion richer. That’s “35 times the total hazard pay given to more than 2.5 million Amazon and Walmart workers.”

Zoom made $672 million in its fiscal year ending January 31, up 3,200% from $21 million during the previous fiscal year. At the same time, Zoom expects to pay NOTHING in federal taxes on those profits.

Moderna, Pfizer, J&J stand to make well over $40 billion from the Covid vaccines. US taxpayers paid for the research that they are profiting from. And they will continue raking it in with the “booster” shots that all the vaccinated people will need soon.

JP Morgan Chase had a 7.82% increase year-over-year.

They could write a check to every black person (man, woman and child) in America for $100,000 using only the extra wealth they made in 2020 and still have a cool $277 billion left over.

Democracy Dies in Davos*

One might think that the good fortune was coincidental, that these globalist corporations just happened to be in the right position at the right time. That’s certainly one theory: Luck–yours bad and theirs good. But let’s consider for a moment the relationship these and other companies have with the World Economic Forum in Davos, Switzerland.

All of these companies just mentioned are WEF Partners. The WEF has been pushing the Great Reset for many years now. Their leader, Klaus Schwab, famously said that “in the year 2030, you will own nothing, and you’ll be happy.” What he doesn’t say is just who will own everything. If 2020 is an indication of the future, the Davos Mafia will own everything, while we own nothing. I doubt we’ll be happy.

Anthony P. Mueller, professor of economics, claims that “the main thrust of the forum is global control. Free markets and individual choice do not stand as the top values, but state interventionism and collectivism. Individual liberty and private property are to disappear from this planet by 2030” (Source).

Mr. Mueller is not exaggerating. The new Davos Manifesto proclaims that companies must share a common, or collectivist, view on social and environmental issues. The manifesto reads, “Performance must be measured not only on the return to shareholders, but also on how it achieves its environmental, social and good governance objectives” [emphases mine].

Granted, telling companies to be devoted to seemingly good causes like social justice does not make the WEF seem like the boogeyman. But it is difficult to believe that ruthless billionaires, who have likely never cared for anything more than earning an extra dollar, are suddenly candidates for sainthood when it comes to defending black, brown and queer people. In her 2018 book The Diversity Delusion, Heather Mac Donald “found little to no empirical evidence to support social justice strategies within the corporate world. Despite this, these supposedly hardheaded business executives ignore the bottom line when it comes to diversity programs and corporate social responsibility initiatives” (Live Not by Lies p. 74).

As we’ve already mentioned, the WEF is intent on global control, and one way to do that is to divide the people along racial lines.

How the Davos Mafia uses social justice to divide us

If you are like many, you might have been taken by surprise last year when the BLM riots started. We had been waiting dutifully at home doing our part to “flatten the curve,” and suddenly, it was okay for people to be rioting (peacefully of course) in the streets with loose-fitting masks (if any) and no social distancing. They shouted “Black Lives Matter,” but the actions of the mob shouted louder: NO lives mattered to them. We could all rot in Covid hell forever, as far as they cared.

How could they have been out in the streets at the height of the pandemic? Was there really that much pent-up animosity that these demonstrations just occurred spontaneously, worldwide? When I heard reports of bricks being placed at the sites of the protests, I began to suspect there was significant organization behind these protests.

Sociologist James Davison Hunter says, “Though a revolutionary idea might emerge from the masses, ‘it does not gain traction until it is embraced and propagated by elites’ working through their well-developed networks and powerful institutions'” (qtd. in Live not by Lies).

If you look at the organizations behind the “summer of love 2020,” you’ll see many of the same WEF billionaires mentioned above, who benefited from Covid. I call them the Davos Mafia, because they do the same things a mafia does: extort, lie, steal… In our mafia analogy, George Soros is perhaps the chief mob boss. He has a history of spending money to sow racial discord. For instance, he contributed $33 million to encourage racial protests in Ferguson. And he spent millions of dollars helping organizations sow racial discord by funding organizations like BLM, which proclaimed on their website their intent to overthrow all existing structures. Coincidentally, that’s the same goal the WEF has. Instead of using the term overthrow, the WEF calls it RESET.

Racial discord is a perfect rouse for the Davos Mafia.

Here’s an example from the CEO of Paypal, Peter Thiel, of how they use racial justice to deflect from their takeover actions. In an article in Time magazine about the Great Reset, Thiel uses what is a common refrain. “The impact of the pandemic has continued to illuminate the inequities in our economy and further widened the gaps. In fact, approximately 41% of Black-owned businesses closed between February and April 2020, nearly double the national average of 22%” (Source). He blames “interlocking issues, including limited access to capital and equity financing, systemic discrimination, and educational and infrastructure disparities.”

He forgets to mention that most of the BLM rioting during 2020 took place in minority communities (NPR). Most of the buildings that were burned or looted were in opportunity zones, which were created under the Trump administration to help resolve these so-called “interlocking issues.”

Regarding whether there is an “inequality crisis” Scott Winship, told a Senate Committee, headed by the self-styled billionaire-fighter Bernie Sanders, the real problems are crises of opportunity, not wealth inequality. “The first,” he says “is stagnant upward mobility out of poverty in the context of large black-white mobility gaps.” It’s as if the rich and powerful are trying to blame everything on the black-white mobility gap at the low levels, not the billionaires at the top. Don’t try to get money from the magnanimous Davos billionaires, they mean. The problem can be resolved by fixing racism.

The Davos Mafia claim that systemic racism is to blame for all the troubles blacks are facing, but those billionaires are the ones who have the power–and always have–to do something about it. They could invest some or all of their new $5 trillion in black neighborhoods. Even better, they could write a check to every black person (man, woman and child) in America for $100,000 using only the extra wealth they made in 2020 and still have a cool $277 billion left over.

But instead of helping others, they are buying up houses and driving up prices, making home ownership even harder for minority families and poor whites. “There are more than 200 big money companies and investment firms competing with families and first-time buyers for houses, including titans of finance J.P. Morgan Asset Management and BlackRock Inc. Important changes are happening in the housing market because of the involvement of big money investors” (source).

The CEO of BlackRock, Larry Fink, echos the Davos party line, saying that social responsibility is now part of the cost of doing business. “Society,” he says, “is demanding that companies, both public and private serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society” (Source). This he says as his firm snatches up the houses from poor people of color all while the social justice warriors, with full support from the Davos Mafia, are complaining that whites were able to transfer their wealth largely through home ownership.

The record-level home prices is being driven by firms that pay much more than regular people can afford. If that weren’t bad enough, as the prices continue to go up, so do property taxes. As more and more of us become unable to afford the taxes on our houses and foreclosure rates increase (source), the billionaires will be there to buy our property. Soon, indeed, we will own nothing.

Jeff Bezos watched as an entire neighborhood just one mile from his headquarters in Seattle was turned into disaster area. The Capitol Hill Autonomous Zone (CHAZ) was illegally taken over by rioters who did millions of dollars in damages. Bezos controls 19 percent of all the upscale office space in Seattle, but he didn’t say a word. Evidently, he was fine with having his competition, the small businesses, shut down as long as possible. And it doesn’t hurt that he can snatch up more property for cheap.

Here’s a good compilation of what many of the billionaires said in regards to the riots. Though Bezos appears to have been under attack for being racist himself, it doesn’t change the fact that social justice and Covid have torn Americans apart and made him and his billionaire comrades that much more powerful.

In addition to snatching up houses and encouraging racial discord, the Davos Mafia uses their powerful platforms to censor their opponents. During 2020, Facebook censored and shadow-banned any and all who dared to speak out against the official narrative about Covid, eventually de-platforming numerous Christian and conservative websites that sought the truth about what was actually happening. Youtube and Google (parent company Alphabet) did their part by censoring, deprecating links, and banning anyone who spoke against the narratives being promoted by the mainstream media about Covid.

At this rate, by 2030, not only will we own nothing. We will not even be allowed to complain if we are unhappy about it.

https://news.yahoo.com/great-reset-only-were-just-161951980.html

*The heading “democracy dies in davos” is taken from https://townhall.com/columnists/johnmacghlionn/2021/04/10/is-klaus-schwab-the-most-dangerous-man-in-the-world-n2587679

Published by RLMartin

Write, Teach, Farm WTF!

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