Naturally the Big Bankers dress up in trees and rivers… they wouldn’t wear the Dracula Cape when people are looking, would they?
By Jo Nova
The biggest climate bullies on the planet just got a bit smaller. There are two monster climate banker clubs in the world, and yesterday, one of them, the “Climate Action 100+” lost three of the six largest asset management funds in the world, namely JP Morgan Chase, State Street and BlackRock.
State Street manages about $3.6 trillion in funds, JP Morgan Chase about $3 or $4 trillion, and BlackRock $10 trillion, so that’s something like $17,000 billion dollars that just left the ranch. The fact that this kind of money was all grouped together in a cabal of any sort is bad enough, but ponder that now, after the biggest fish have left the tank, there’s still $50 trillion left in assets on the inside.
It appears the Climate Action 100+ group had grown too big for its boots — the new Climate Action 100+ “phase 2” strategy expected asset managers to actively hound companies to cut their emissions.
An ESG Asset Manager Exodus
The Wall Street Journal
The climate alliance’s new rules would compound the legal and political jeopardy. In its withdrawal announcement, State Street said its rules “are not consistent with our independent approach to proxy voting and portfolio company engagement.” BlackRock said the rules “would raise legal considerations.”
Members are supposed to “engage” 170 “focus companies” such as Boeing, Home Depot and American Airlines—that is, threaten to vote against non-compliant corporate directors and back shareholder resolutions that pressure management. Their campaign has had great success with 75% of targeted companies committing to “net zero.”
But the climate left is never content. Last June the alliance impelled its members to publish information on their “engagements” and to explain how and why they voted on shareholder resolutions flagged by the outfit. The point was to embarrass asset managers that climate scolds accuse of being insufficiently committed to the cause.
Climate Action 100+ sells itself as a group of investors who want to save the world and pressure naughty corporations to behave. The truth is that most of the investors are workers with pensions tied up in funds who have no idea they are in an international cabal. Normal real investors try to make money rather than use their life savings to bully companies into political fantasies like fiddling with the weather. But in the monster funds, it’s the asset managers who decide to join clubs like “Climate 100+” and it’s twin club with the sexy name –the Glasgow Financial Alliance for Net Zero (GFANZ).
Climate Action 100+ started in 2017 and the day before yesterday it had 700 investors who managed $68 trillion in assets, yet mysteriously has no Wikipedia page (like the ghost that walks?). According to InfluenceWatch it was “conceived by members of the California Public Employees’ Retirement System (CalPERS) in 2016 at the French Mission to the United Nations.” So it was set up by the largest government pension fund in the US in cahoots with the UN in order to use workers money to boss around companies and to force left wing policies on right wing states through a back door.
It’s big brother — the other climate banker cabal called GFANZ — was set up in 2021 by the UN and Mark Carney (former governor of the Bank of England). At one point GFANZ grew to an obscenely unbelievable $130 trillion in “funds under management”, giving it the financial power equivalent to a black hole. The largest 20 national economies in the world have a combined GDP of $87 trillion. So when a collective managing $130 trillion says “jump” there are not many Presidents or Prime Ministers inclined to say “No”. In October 2020, the CEO of BlackRock told the Australian government he wanted them to shut coal plants faster and three weeks later, Scott Morrison and the treasurer signed us up for Net Zero, even though the voters had picked them to do less climate action rather than more.
But it was all a big bluff, as I explained — all the giant funds use other people’s money to bully and cajole boards, ministers, and global leaders into doing things that none of them might want. They were supposed to be investing pension funds to earn money for workers to retire on, instead it looked and smelled a lot like they were squandering the returns in order to prop up socialist ideologies, dodgy companies, and to coerce governments to legislate policies that the voters didn’t vote for.
Larry Fink the CEO of Blackrock, and his pals, turned our pension funds into a leftist activist machine. Thankfully 19 US States fought back by asking the legal bombshell questions about whether these funds were cooperating in a way that breached antitrust laws and neglected their fiduciary duty. Ron deSantis in Florida took $2 billion of state pension funds back from Blackrock. It doesn’t sound like much, but it pulled the string on the big bluff, and threatened to unleash an exodus. Now a year later, many funds are backing away slowly.
Make no mistake, the term ESG or Environmental Social Governance is a dead dog, but all these conglomerate Financial Swamp Monsters like BlackRock et al, will still be buying and leveraging up their renewables investments whenever it suits them. They’ll still be flying to Davos to consort and coordinate behind the scenes.
The big funds will still be leaning on governments, but there is more risk other funds will break ranks, offering to fund the projects the cabal don’t want funded. In a free market, it wouldn’t matter a damn if one stupidly large fund said it wouldn’t fund a coal mine because some other fund surely would. That’s why these banker collectives are so profoundly undemocratic and anti-competitive. For their game to work, they have to stop all the other bankers too.
It is after all, why the USA has antitrust laws. It’s why cartels are banned.
So much of the pushback against the banker consortiums comes from the US States:
Mary Chastain, Legal Insurrection
Agricultural officials from 12 states launched probes into ESG investing practices at some big banks. The officials worry that the involvement could “impact food availability, lead to price increases, limit credit access for farmers, and have broad negative economic consequences.”
Tennessee Attorney General Jonathan Skrmetti sued BlackRock, alleging the firm harmed consumers through ESG.
“We allege that BlackRock’s inconsistent statements about its investment strategies deprived consumers of the ability to make an informed choice,” explained Skrmetti
At this point in time the GFANZ cabal still say their members include ANZ, the Bank of America, Barclays, the Bank of New Zealand, Commonwealth Bank, JP Morgan Chase, Goldman Sachs, National Australia Bank, National Bank of Canada, Westpac and a hundred others.
There is still so much to do. But three weeks ago Jamie Dimon, the CEO of JP Morgan, shifted gears — openly saying “Trump was kinda right” and that his supporters deserve respect. I asked at the time if Wall Street was shifting away from the whole poisonous left. Dimon’s statements were game-changing.
We don’t need all the bankers to shift, we just need a few so we have some competition.
Related Posts
The dark bubble: There’s a reason everything seems to be going off the rails simultaneously
- Winning: Antitrust laws slow down the climate plans of $130T monster cartel of UN and global bankers
- 19 US States fight back against BlackRock the Political Climate Police disguised as a Monster Investment Fund
- Well that explains everything: Bankers bullied Australia into Net Zero
Money pile by Andrew McGill
Financial Blackmail pure and simple! Worse still it was/is an organised collective!
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It is the Gone Woke, seeing they are Going Broke and exiting the sinking ship, the Exodus has started, the dam wall has cracked, the rush for the exits will be amusing.
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I sincerely hope you are proved right. But, the current sad state of the world and the attempted intervention/control desired by The UN and WHO may preclude that!
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But wait … Penguinite may be right.
Whitney Webb recently suggested we may be seeing what is in reality a strategic realignment?
[17 Feb 2024] BlackRock’s Next Plans …
https://www.youtube.com/watch?v=xxjAxcXxy_8
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We need to start here with the Industry Super Funds, and highlight their nefarious activities with regard to bullying companys via board elections and investment shifting. First by exposing those companies that have been targeted, and those Board members who are from the cabal, and those investment and management decisions that have been influenced.
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That is the key Murray. Would you put your hard earned into an organisation that was determined to shut down your industry or workplace? Most people would not if, and it’s a big if, they knew. The industry funds do need to be exposed as do the banks for being anti manufacturing and pro expensive electricity. How? It will have to be at the political level. The Coalition with their pro nuclear stance is a definite start and should be followed up by allowing super to be used to buy a home. If the industry funds are screaming you know you are doing the right thing.
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“Would you put your hard earned into an organisation that was determined to shut down your industry or workplace?”
US dims do it every day and multiple times during election years
include schools, city, county, State and country
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1000% spot on. Have you noticed the sudden uptick in industry fund advertising on tv. Noted around 3 industry fund segments over the 8-10pm window on 2-3 different nights this week. All silent when the trough is full but up go the (advertising) flares when the trough depth reduces.
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Bit like the Labor Party printing $$$ to advertise their pseudo tax cuts
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Thanks again Jo for your hard work, but why aren’t all the Republican states on board against these loony extremists?
Trump could use this to try and explain why he really has to clean up the swamp, but I don’t know whether he has the expertise or enough genuine advisors to make a big difference?
I guess time will tell but these big banks and funds etc have a lot of muscle and influence. Anyway this election year in the US should see more revelations and we can only hope the average voter will learn more and start to THINK and WAKE UP.
Who knows?
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Jamie Dimon. “Trump was kinda right!”
Then why did you take so long to say so?
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And if he gets back in, they will pay dearly. So they are pretending to be moderates, not a conspiratorial cabal. When you talk of such things, you are called conspiracy theorist. But there it is, a $130Trillion private group accountable to no one who are deciding what governments must do.
I find the same thing with the war in Ukraine. Eisenhower warned of the military industrial complex, but if you give $100Bn to help Ukraine slaughter evil Russians, who actually gets the cash? The people who make the weapons and a few high officials in the scrupulously honest Ukraine government. War is very profitable, as the backers of Napoleon and Hitler knew. It’s not about the poor people in the middle. It never is. Conspiracy? Of course.
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And apart from defeating ‘racism’. What racism. Mathematics is now racist. Meritocracy is now racist, even at Harvard. Incompetence is now prized.
But the formula I hear all the time is that renewables are Green, free/cheap and of course environmentally friendly. They are none of these things. It is indoctrination. Even the word renewables is deceitful. Replaceables more like it.
Our actual experience now is that they are short lived, devastating to the environment, extraordinarily land hungry plus the transmission lines, double the price for electricity when and if it is available, utterly unreliable and predictably inadequate and very, very short term solutions to nothing. When we have finished building this nonsense, it will be time to start replacing everything as the life span of renewables is officially 18 years, if you are lucky.
I wonder if financial genius Malcolm Turnbull expects a statue for his $24Billion never ending Snowy II which when built cannot afford to be used as there is not enough power to pump the water back up hill. And even if there was, the cost of doing so makes it absurd. Plus paying back the investement, which will never happen. And all this in a pristine National park environment, like so many of the appalling wind farms.
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A Bust of Turnbull in a busted project? Sounds about right. They could even drop it in one of the many sinks holes they are creating on route
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All these pension funds with “investments” tied up in unsustainable unreliables…
It’s not looking good for people who invested in such funds, especially Australian union-controlled funds which I suppose is one of the reasons Australia has such a fanatical commitment to the anthropogenic global warming fraud.
Union thug bosses took a huge gamble with the jobs and retirement funds of their members and sooner or later, it’s all going to be lost when the whole global warming scam and associated wind, solar and battery plantations all fall apart. Hopefully union thug bosses will be jailed.
Union bosses and find managers should have followed evidence-based science, not fraudulent “science” promoted by the main beneficiaries, the global Elites with the fraud being promoted by their slave army of useful idiots.
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If Dutton is serious about winning the next election he should make superannution and associated tax scam “volutary” so younger people can put THEIR money towards buying a home – something that is now out of reach for most younger Australians.
Compulsory super contributions will soon rise to 15% of wages and salaries
The Union controlled “Industy” funds now dominates “super” and the Big Banks have exited superannuations since the amount of money they were ripping of fund members for “fees for no service” could no longer be covered up.
Also Labor has appointed Greg Combet to manage the “Future Fund” that pays super to fat cat public servants
Mr Combet is currently Chair of the Net Zero Economy Agency (NZEA)
AMP has still not recovered from its superannuation scandals.
Just watch Labor heads explode if Dutton attacks their sacred cow – superannuation.
https://ministers.treasury.gov.au/ministers/jim-chalmers-2022/media-releases/appointments-future-fund-board
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If Dutton was serious about winning, he’d have some seriously different policies.
He doesn’t.
He’s just another Uniparty hack.
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David, how many oppositions can you recall have tabled election policies well before the next election dats has been announced by the government?
Of course they don’t because government tends to rubbish opposition policies and the less time for scare campaigns the better for the opposition case, or government steals really good opposition policies.
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Labor won’t steal Dutton’s commitment to nuclear energy you can bet on that. The unions and their super funds are fully on board the renewable scam. If the Coalition look like winning watch the panic in the Industry Funds. Just stopping the subsidies to W and S would leave them exposed and the banks too.
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Part of why oppositions don’t declare policies between elections is the electorate’s short attention span.
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he should make superannution and associated tax scam “volutary” so younger people can put THEIR money towards buying a home
Just bring the maximum permitted super management fees to USA levels either through legislation or competition. Can you say “massive reduction”?
Use of super for home mortgages has the potential of further price inflation. And how would you equalize access between Sydney ($1million homes) and regional WA ($200000 homes)?
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Singapre has no problem with my proposal
The Central Provident Fund Board (CPFB), commonly known as the CPF Board or simply the Central Provident Fund (CPF), is a compulsory comprehensive savings and pension plan for working Singaporeans and permanent residents primarily to fund their retirement, healthcare, education and HOUSING needs in Singapore.
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Union thug bosses – well paid union thug bosses sitting on super boards.
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Taxpayers must not be expected to bail out any funds that collapse because of these unrealistic and unsustainable “investments”.
Expecting higher than average returns is always associated with higher than average risks and investors have to reap the consequences of their poor and high risk decisions.
Basic research and due diligence would easily have established that there is no anthropogenic global warming problem that needs to be solved.
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A great phrase. It explains an awful lot. Is there anybody who can’t be bought? Is there one politician who can’t be bought?
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Donald Trump. He doesn’t want or need the money. Joe Biden however has been a lifetime Senator on $140,000 a year and all his family are millionaires. No one seems to know how.
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Ha…we posted at exactly the same time TdeF…your post wasn’t there when I wrote mine.
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Sorry TdeF, accidentaĺ knock on red.
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That person was Donald Trump.
And it’s not ending well for him. They are out to destroy him.
(Yes, I know he doesn’t identify as a “politician” but you know what I mean.)
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TRUMP TRUMP TRUMP TRUMP TRUMP
Truth
Really
Upsets
Marxist
People
TRUMP TRUMP TRUMP TRUMP TRUMP
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🙂 🙂
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Could be the lyrics from Les Misérables
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Fun Facts
Since the Paris agreement in 2015 global CO2 emissions due fossil fuels have risen by 5% to 2022 from 32,773 million tonnes of CO2 to 34,374.
How BP went woke and “nearly” when broke after re-badging itself as “Beyond Petroleum”
https://www.ft.com/content/40d3b9ac-9cb8-494e-b730-a04eafe447a8
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The mention of JP Morgan Chase reminded me of this review of a Rothbard book:
“Moreover, in sharp contrast to Friedman and most of his monetarist and Keynesian followers, who view deflation as incompatible with economic growth, Rothbard offers a very convincing explanation of the deflationary period that ran from the end of the Civil War to World War I. This period was characterized by an increase in productivity and prosperity such as had never been seen before in the United States, and since this increase exceeded the rise in the money supply, it led to secular deflation of over one percent a year, with nominal interest rates of 3.5 percent and an extraordinary accumulation of capital. In short, the best economic scenario conceivable.”
• Amazing! For half a century Americans had a general increase in prosperity; they had cheaper, more plentiful goods; and NO INFLATION (in fact, a touch of DEFLATION… So all that and the sky didn’t fall in… Hard to deduce “Deflation = a bad thing” out of that).
• You might think that after such success for nearly 50 years, people would conclude “If it ain’t broke, don’t fix it!” . . but no, no, NO, the Establishment had to put a stop to it . . . Enter JP Morgan and his cabal of robber barons to get the Federal Reserve Act passed (1913). Result: ceaseless inflation since then. Endless whittling away the value of the people’s money…
Rothbard: Understanding the History of Banking from an Austrian Perspective | Mises Wire
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You could count Friedman’s Keynsian followers on the fingers of a clumsy sawmiller’s hand.
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My understanding is that JP Morgan actually owns 17% of the JP Morgan business. The remaining 83% is owned by the Rothchilds
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To put “Net Year by 2050” into historical perspective I would recommend reading this book witten by Charles Mackay and first published in 1841.
“Memoirs of the Extraordinary Popular Delusions and the Madness of Crowds”.
https://www.amazon.com.au/Extraordinary-Popular-Delusions-Madness-Crowds/dp/1539849589/
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And since it is out of copyright, it’s also available as a free download it to read online.
https://archive.org/details/in.ernet.dli.2015.58938
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At the heart of this immense conglomerate of do-gooders is the dangerous truth; it will not set them free.
At the core of the CAGW activity is the place of CO2 in holding it all together. There’s a lot of money at stake.
Properly trained Scientists know that atmospheric CO2 levels are Irrelevant to atmospheric temperature.
It’s basic science.
The big question is why has the UNIPCCC quashed the outing of this truth.
Maybe we could look to Bob Carter and Murray Salby for answers and more locally TdeF, MV, Cementa, Mr B.Nice , KK and others.
A recent post described the atmospheric temperature analysis of the planets in the solar system: very decisive in showing why the Universal gas law has that description.
Maybe, and I know this might be hard, we could also look at the frequent misperception of the dreaded photons.
The core of issue should be opened up.
The big problem is that exposure of this truth would cause the immediate collapse of so many government sponsored “investments ” which aren’t publicly listed on the stock market.
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From DM earlier.
“Basic research and due diligence would easily have established that there is no anthropogenic global warming problem that needs to be solved.”
That’s it David,
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The entire globalist system is not based upon rationality/science. Hence why would a scientific/rational argument change anything?
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My essential point is that there is negligible fossil fuel CO2 in the air. That is undeniable. Although I know a few scientists who ignore this and move onto other proofs down the line, but the foundation fact is wrong. Whether CO2 produces warming, the favorite point, is a moot point if there is no man made CO2 in the air. And therefore trying to reduce emissions, banning fuels, stopping the world is ridiculous.
And the idea that windmills are ecologically sound, cheap, Green and will lower the price of electricity is now proven to be a lie. And everyone knows it now, which is a real problem for the money men. No one believes it.
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I again apologize profusely for being immoderate.
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“and three weeks later, Scott Morrison and the treasurer signed us up for Net Zero”. Another reason I so now despise Scott Morrison. Peta Credlin didn’t exactly highlight his achievements in a recent article and you get the distinct impression she probably hates the bloke. Particularly in his role in replacing Tony Abbott with Turnbull. I recently watched a drama series around Hillsong Church. A character in that series was obviously based on Scott Morrison and was not exactly complimentary either. Then chuck in his terrible stewardship during COVID, his brother’s role in Australian Health Practitioner Regulation Agency (AHPRA) plus his total capitulation to Net Zero and I’m so glad he’s out of politics. He’s one of those politicians that you ignore his talk and take note of his actions. Sometimes the most dangerous ones.
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I think he is a good minister but a poor Prime Minister. Non ideological. But like most of the current Labor cabinet, a bit short on the little grey cells. Still when you divide by Bowen, Morrison was a genius.
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When he was Immigration Minister circa 2014 I spoke to him briefly at the airport mumbling something about how he was doing a great job and most people were right behind him. He seemed genuinely thankful and from his few words, committed to the task of securing our borders. So I thought. What really goes on in politician’s minds – is it really so venal, so narcissist, so Machiavellian? I guess so.
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That is not accurate Ross, Prime Minister travelled to Glasgow for the Climate Conference and was pushed by UK PM Johnson and POTUS Biden to sign a UN agreement to commit to net zero emissions, and of course the UN IPCC was pushing hard as well.
PM Morrison was also scheduled to finalise the AUKUS Partnership on that trip that he and POTUS Trump got underway in 2019 after the White House dinner, they spent a weekend together at a Trump property. Also on his schedule were discussions with UK Government and Rolls Royce UK about nuclear energy based power stations.
The Morrison compromise position was not to sign a formal agreement, instead he said Australia will have “an aspirational goal” to active net zero subject to development of new technologies, and without damaging the economy.
I do not support net zero, I believe it would be net zero national prosperity if implemented.
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https://www.thegwpf.org/content/uploads/2022/03/Kelly-Net-Zero-Progress-Report.pdf?mc_cid=3de10e3d7a&mc_eid=4961da7cb1
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The £3 trillion is an underestimate – sufficient battery storage alone would be around £8 trillion with no gas back-up.
Also note the last sentence!
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“It is after all, why the USA has antitrust laws. It’s why cartels are banned.”
No they arent ,and the application of those laws is highly selective and torturous. If the activities of Meta, Google and Microsoft havent drawn attention what the hell will?
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I was also pondering this whilst reading this post.
Here in the US, at least from my little mud puddle, it appears cartels and trusts are hardly ‘banned’.
They are making m(b)illions smuggling new Democratic voters and Fentynal delivery persons across the Southern border with full encouragement and acquiescence of the POTUS and his/he/him’s co-conspir … I mean associates.
It resembles an alliance of cartels.
Then there’s the Pharma/Media/GlobalGov cartel that produced ‘Pandemic Part I the Great Vaccination’. (Sequel currently in production. Same cast you know and love.)
Along with the cartel that organized the removal and ongoing persecution of the 45th POTUS.
Now busily plotting the nullification of first three or four Constitutional rights.
(Note: it’s not Un-Constitutional* for government to force us to billet troops in our homes if you just re-label them ‘immigrants’.)
https://en.wikipedia.org/wiki/Third_Amendment_to_the_United_States_Constitution
*(Those silly things cause so much trouble for the progressive agenda across the Western World and are hindering us in stopping Climate Change and Disease X. We need a new global ‘Committee of Public Safety’.)
https://en.wikipedia.org/wiki/Committee_of_Public_Safety
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Additional note: Injections work just as well as sharp blades and cleanup is much easier. The reductions and eliminations of those not fully committed to the goals of The Revolution, are achieved more slowly, but huge money will be made in the process.
https://www.pfizer.com/news/press-release/press-release-detail/pfizer-invests-43-billion-battle-cancer
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If there have to be power cuts because of reliance on unreliables couldn’t smart meters be used to cut off power to investment fund managers and the bosses of major banks first? Those people will probably be using far more energy than ordinary people do.
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How do you tell if a politician is lying ? his lips are moving . They are all owned by big business . If they resist , the blowtorch gets applied . All the creatures in the swamp are predators , or their servants . When the financial system is controlled by people who have no accountability anything goes . They can see the collapse is coming and are trying to disassociate themselves from that catastrophe (which they helped create) . The people who control everything remain hidden – only their puppets are visible .
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One has to wonder just what in the ..happened to T May in the UK? That was quick.
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The Rt. Hon. Member for Maidenhead?
Still there.
Probably still not a fan of Boris J., either.
… like many of us – now!
Auto
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Who else remembers then Federal Treasurer Josh Frydenberg in the Morrison Government, saying on air that Australia would adopt a policy of net zero carbon by 2050 becaise (my words from memory) if we did not, we would find it hard to borrow money internationally at attractive rates.
If this is all correct, I consider that an unlawful act of blackmail has happened. If it was indeed unlawful, it has had extremely serious consequences because it has uprooted the Australian economy and set us on a path of energy generation that has so far proved to be less that optimum.
Why are so many seemingly unlawful events happening without a final appearance in a Court of Law?
Geoff S
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Hello Geoff, you are correct about what Treasurer Freydenberg said and he is only one of several Coalition former ministers who have made that observation.
Australia is vulnerable as an export trade reliant nation, and of course reliant on our friends and allies for defence purposes as well.
I believe that blackmail is the description applicable and spanning back to establishment of the United Nations and the following many agreements and treaties signed between UN and member nations since. Labor Attorney General “Doc” Evatt handed his UN comrades the plan to get as many agreements and treaties signed as possible to use for compliant governments to get around constitutional laws by creating legislation and regulations Federal and State that enabled the rot to set in here.
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Indeed, Geoff, the link in this post goes to may article on that extraordinary admission. Morrison and Frydenberg sold the nation out for the bankers and told us as much. https://joannenova.com.au/2021/11/well-that-explains-everything-bankers-bullied-australia-into-net-zero/
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This weekend’s The West Australian carries the release (for ‘discussion’) of the WA State Government’s policy of declaring ~1200KM of the southern coastline of WA a huge marine park. It was introduced with no input sought nor taken from the local fisheries (employment groups) and shorebased processors. It was a plan devised at a meeting at the Department of Biodiversity, Conservation and Attractions involving RecFish, Pew and the Australian Marine Conservation Society -funded by Pew. No WAFIC ie fishers, allowed. The group devised its own non science based plans for a much larger park and ‘assisted’ drawing up the plans. The fisheries are well controlled and under no sustainability threat. The State Government follows the foreign funded activist’s plan. (Pew Charitable Trusts.See WA’s Paul Murray, Journalist, The West Aust. newspaper Nov 18 2023)
This is the same government that had an Aboriginal Heritage Act ready to go. That act was so intrusive into farming practices that when the government saw the huge anti-Voice outcome of the referendum, it couldn’t get rid of it fast enough. One would suggest the marine park plan will be similarly intrusive on all parts of the sparsely inhabited south coast that it will eventually depopulate it in a State where decentralisation is supported in name only. WA is a huge State but tightly controlled from Perth where Labor, Teals and greens are in control of State and federal seats and many local councils. Having made its decision on the marine park, the government now calls for a 4 month input from the public and effected players to save face.
This article by Jo on the controls big money has on everything the Western World does makes one wonder if the same screws haven’t been tightened on WA, even if the huge cabal is now breaking up? The only voices coming in support of the decision seem to be from parties not involved with the south coast economy and of course the local aboriginal groups that see more power for themselves, sold as eco tourism and aboriginal tourist matters. The fact that fishing is a major loser for all the State despite its record of sustainable, local success and employment opportunities, doesn’t count for our very capital city concentrated government. The south coast is a region were employment opportunities are already very limited to agricultural businesses and the current mining industries are now under threat of closure. This article shows its not just banks, but foreign funding from any source that controls our destiny.
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The bankers are not the only self-interested group influencing Australian politics. Others benefit from curtailing Australian fishing too. Eg Why do we have the largest coastline in the world (per capita) but still buy fish from China?
The bankers cabal that is breaking up is only the public face of the NetZero stuff. The push for climate junk, digital currency, globalisation will continue.
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That’s absolutely appalling.
Over the last twenty years there’s been a process of attacking Australia’s basic infrastructure and that wasn’t done to improve efficiency or reduce costs to the taxpayers.
NSW electricity was privatised, deconstructed and blatantly used to drain the nsw public.
So many other things that should never have left government control and responsibility.
Always remember: AUD $444 Million was signed out of the treasury by the virtuous person who would later become our Prime Minister.
Why is there no legal response to this type of self serving government misdirection.
Who owns Australia.
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[…] the adjustments there is no correlation and no emergency. If there is no emergency there is no reason to spend money trying to solve it and that is exactly what we are finally […]
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[…] The following post discussing Climate Action 100+ is syndicated from jonova.com.au. […]
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