Showing posts with label World Bank. Show all posts
Showing posts with label World Bank. Show all posts

Friday, May 19, 2023

New World Bank reports life time earnings loss from effects of Covid

 I find it ironic (or not) that the very world organizations that our own CDC slavishly followed are now concerned about the fall into poverty and loss of lifetime earnings in the middle class due to Covid regulations that destroyed years of critical schooling.

Although this publication is dated 2023, there were earlier reports from 2021 that raised concern. Did that stop Fauci or Biden? Heck No. https://www.worldbank.org/en/publication/human-capital/publication/collapse-recovery-how-covid-19-eroded-human-capital-and-what-to-do-about-it I know exactly what they'll do about it, and I'm not even a clever bureaucrat (although I was a librarian). Taxes will be raised, but only companies with high ESG scores will be able to exist. Everyone and every agency will have to be woke so that the effects of the pandemic can be overcome. We'll get hammered with more climate lies, more CRT and more blame if we don't buy the left's current hysteria.

If you read this carefully, you won't be able to tell if this was caused by the virus, the vaccines, or the lockdowns. But because very few children became ill or died, we all know the #1 problem was the lockdown which governments all over the world used to assume more power. 

Friday, April 30, 2021

Make your voice heard in your investments

What can you do about the "DIE" (diversity inclusion equity) mania infecting the corporations in which you or your pension are invested? And start calling it DIE, because that's the intention. It's certainly not "life, liberty, and the pursuit of happiness."

DIE has nothing to do with good values or Biblical morality or basic fairness. And no, the poor benefit the least. And the middle class foots the bill. The purpose of a business or corporation is to make money for the investors and to allow the CEOs to make ridiculous salaries while benefitting all the employees, but if they can punish the little guy start up competition by schmoozing with the latest fad and Democrat bosses, they will. It's the capitalist way. Without government interference and over regulation (to benefit their buddies), capitalism still frees the most people and in the last 30 years has lifted millions out of poverty. Back in 1990, The World Bank reports that 1.85 billion people lived in extreme poverty, but by 2013, the figure had dropped to 767 million. Socialism didn't do that. Socialism holds people back. It killed 100,000,000 in the 20th century. Capitalism works from the bottom up. The poor who risk their lives to cross our borders know that; our politicians don't. Nevertheless, smart capitalists fight the competition by joining what appears to be the enemy (socialism).

First, you'll need to start reading the documents that come with your investments. Second, you'll have to start voting. Yes, it's a pain. And I rarely read that stuff. Third, you may just have to write a letter or join/support a conservative political organization (not the GOP!).

Here's what I got from TJX today--that's formerly Zayre, and includes TJ Maxx and Marshalls. It has 4,557 stores in 9 countries, and based on the lie and line from the Left about Asians, I suspect many stores or suppliers are based in Asian countries. The DoJ tracks hate crimes (a stupid idea, I think), and this figure is so low that most cities report zero, and that which is reported is primarily black on Asian. It ignores the liberal crime of discrimination at Harvard, Yale and Stanford.

TJX annual report for 2020: "The increasing violence against the Asian and Pacific Islander communities is another stark reminder that injustice exists and that we must continue to work toward a better future for all. We are committed to listening to, and learning from, our Associates and taking actions to do better. We also broadened our charitable giving strategy to provide more direct support to Black communities, and increased our global giving to provide an incremental $10 million in grant funding over 2020 and 2021 to organizations that are actively working to support racial justice and equity. Hate has no place at TJX. In terms of environmental sustainability, we were pleased to exceed our goal to reduce our greenhouse gas (“GHG”) emissions per million dollars of revenue by 30% by the end of fiscal 2020, against a fiscal 2010 baseline, by achieving a 47% reduction. We also announced a new GHG goal, which is a 55% reduction in emissions from our direct operations by fiscal 2030 against a baseline year of fiscal 2017, a science-based target aligned with the United Nations’ Paris Agreement guidelines."

"Global giving" to organizations supporting racial justice is just blackmail. No black child will benefit. It's probably BLM, Inc. which has recently been in the news for the billions it's taken in from gullible white led corporations and white liberals so its Marxist founders can buy mansions and protest. It does not promote jobs or education, it exists to stir up trouble and make its founders rich (an old trick for non-profits which they probably learned from clever white people).

We all know that the Paris Agreement guidelines hold back American companies and allow Chinese factories to belch coal fired smoke and send us wind power blades that can't be recycled when they've ended their "service." When you see them filling up our prairies they are ugly as sin.
And no one even knows if reducing greenhouse gases (GHG) is a good thing--you've been told that. Science certainly doesn't agree. It's throwing billions at a future problem you can't measure and can't define, instead of improving life on the planet right now in real time.

So, you'll need to vote or write. Make your voice heard. Stop letting the Left drown you out!!!

Sunday, March 27, 2011

Spooky Dude Soros plans Event to Remake Global Economy

And guess who will come out on top? Soros, of course, the man with no guilt.
    "The event is bringing together "more than 200 academic, business and government policy thought leaders' to repeat the famed 1944 Bretton Woods gathering that helped create the World Bank and International Monetary Fund. Soros wants a new 'multilateral system," or an economic system where America isn't so dominant. More than two-thirds of the slated speakers have direct ties to Soros. The billionaire who thinks "the main enemy of the open society, I believe, is no longer the communist but the capitalist threat" is taking no chances. Thus far, this global gathering has generated less publicity than a spelling bee. And that's with at least four journalists on the speakers list, including a managing editor for the Financial Times and editors for both Reuters and The Times. Given Soros's warnings of what might happen without an agreement, this should be a big deal. . .

    Speakers include chairman of President Obama's Economic Advisory Board, Paul Volcker (former head of the Fed); director of The Earth Institute and longtime recipient of Soros charity cash, Jeffrey Sachs; Soros friend Joseph E. Stiglitz (World Bank);INET Executive Director Rob Johnson (Soros funded and founded).

Unreported Soros Event Aims to Remake Entire Global Economy

In comparison, the Koch Brothers don't have enough money to shine Soros' shoes, but the left loves to trot them out as funding all sorts of nefarious events and causes on the right. It must tough to live in Soros' brain or hide, a Hungarian Jew who collaborated with the Nazis, and a capitalist funding communist causes--he's already said he has no guilt--probably because he has no conscience.

Wednesday, April 07, 2010

God, Satan and the Environmentalists

The coal mine tragedy in West Virginia is in the news. It is already morphing from a story of anxious relatives, grieving co-workers and community to one of the need for more government regulation for safety, and (who knew?), the dangers of fossil fuels. Let's forget for a moment that we Americans could save 2,000 to 3,000 lives a year by just raising the legal driving age to 18; what clout in Washington DC would that have? So whatever the hoopla or spin by the media, it isn't rooted in concern for the lives of the miners and their families and way of life in Appalachia.

Turn the page of the newspaper to the World Bank investing $3.75 billion to finance a coal fired power plant in South Africa. Notice the global spread of personal names and titles--Hitachi Power (Germany), Eskom Holdings (South Africa), the African National Congress, and S. Vijay Iyer (India) of the World Bank. This investment has the support of China, India, Brazil, and the African country members of the World Bank. Not so much the United States, which owns a lot but not enough to fight the rest.

I do love this quote by Mamatho Netsianda (who claims he answers to no white man) of Chancellor House Holdings, the investment arm of the African National Congress, which has a 25% stake in the new coal fired Hitachi Power. "I don't care who our shareholders are--whether it's God, Satan or the ANC--I'm running the company in accordance with South African law." Lucky he doesn't have a part African statist president changing all the rules as he goes along in order to by-pass both the laws of the nation and the power of the Congress at the expense of the shareholders.

Wednesday, May 16, 2007

3832

Is there anyone out there who believes this is about a girlfriend?

World Bank President Paul Wolfowitz's girlfriend's compensation package is the problem? Oh, please. Wolfowitz is on the Bill Clinton side of feminism, and liberals don't usually object to that, nor do they worry about nepotism.

The wife of our former President is running for President; the son of a former President is our President; when a Senator or Congressman dies in office, his wife is appointed to the office; the wives of disabled Presidents have run the country; the wife of the Democratic Mayor of Columbus gets a cushy, well paid job in our Democratic governor's administration; the wife of a former President of Ohio State University has a job and office open up where previously none existed; same for a librarian whose husband had been appointed a full professor in another department. And it is no different for girlfriends, boy toys and significant others.

The Wolfowitz "ethical lapse" is part of the larger Bush Derangement Syndrome, but with a slightly broader base.
    Wolfowitz was Bush's former deputy defense secretary who helped move Bush into the war in Iraq.

    He's a NeoCon, a former liberal, so he's doubly hated by the left because he left.

    But most importantly, because the World Bank is a liberal institution run along the same management lines as the United Nations, he was going after corruption within the organization. If aid with no strings attached and no outcome requirements worked in the last 40 years, Africa wouldn't be mired in rotting infrastructure and corruption. If he were successful, the board and the corrupt officials taking the "aid" would be out of power.
Wolfowitz's transparency about the girlfriend when he was appointed, his willingness to recuse himself, his taking the advice of the ethics committee, were signs of what was to come. The Board panicked. Wolfowitz needed to go. Plus there's all that messy Iraq War stuff and believing Jihadism really is a threat to the world. I doubt that the Bush Administration will stand up for him; but if they cut him lose, it won't stop the liberal left from attacking something or someone else. I personally find Wolfowitz's marital behavior a huge downfall for him (and his family), but fiscally, he was probably what the World Bank needed, but didn't want.