(Originally published at The Daily Sheeple.)
The propaganda is so thick and soupy, I’m just about to throw up reading this new article out of CNBC, “Will there be a trillionaire in the 21st century?” that is almost ecstatically calling the “odds-on bet” that Bill Gates will be the world’s first trillionaire:
Today, Bill Gates has 3.6 percent of the Forbes’ list’s wealth. Aggregate national wealth has increased from about 10 trillion to 70 trillion since 1982. So, let’s do some wealth wonk rough math, and even be a little conservative in the process.
Say the next 25 years are not quite as robust in terms of aggregate wealth creation, and we’re only at $300 trillion in 2039 (rather than the $490 trillion that would result from taking the recent national wealth acceleration and extrapolating). And let’s say the Forbes 400 share reaches 8 percent of that national wealth—it has been tripling over the previous three decades. That would put the Forbes 400 at $24 trillion total, and, “Even if the guy at the top has only the share that Gates has now, he/she is awfully close to the magic number,” Lord said. That would be $846 billion, to be exact.
That scenario may not be the most likely. In fact, several wealth experts expect it will take several Bill Gates-like successes from one individual to reach the trillion-dollar mark. “It might take the founder of five of today’s Microsofts to reach a trillion, but we’re going to see larger and larger Microsofts,” Amoils said. “Think of what folks would have said in 1980 about the prospect of having a $100 billionaire in 25 years, yet Gates reached that level in the 90’s,” before he started giving away large blocks of Microsoft shares to his foundation and as Microsoft matured, its stock value declined.
The super-serial entrepreneur seems to be the odds-on bet.
Although the article later goes on to say:
The declining estate tax and shrinking family sizes increase the likelihood of a second-generation trillionaire. “There’s a case to be made that some folks will be able to break through the limits on wealth accumulation without creating new Microsofts,” Lord said.
Because Gates didn’t already use his vast wealth to trot right around the democratic process and essentially “buy” and institute Common Core in this country. Don’t believe me? Check out that math for yourself. Oh, I’m sorry, that’s philanthropy.
And as a trillionaire, you can bet whoever that person is, they will wield enough power to personally effect your life. CNBC even admits it by highlighting this quote from Oxfam with the heading “Forget the single trillionaire—who (and what) will really own the 21st century?“:
“Being a trillionaire means having enough money to buy a country or change the price of a commodity like grain or corn—or lift every single person, not just out of extreme poverty, but practically into the middle class.” -Paul O’Brien, v.p. of policy and campaigns at Oxfam America
Or, in other words, control almost every person on Earth.
Oxfam, by the way, released a report earlier this year which announced that, for the first time, the world’s 85 richest people combined have the same wealth as HALF the GLOBE, or the world’s 3.5 billion poorest.
So who will really “own” the 21st century? Gee. I guess we should look around at who owns it now.
Like there aren’t already trillionaires…come on. The real wealth is concentrated in the central banking power and the tremendous assets already held by certain families.
Check out this excerpt on the massive land holdings of the Queen of England, some ONE SIXTH of the planet’s non-ocean surface estimated at $33 trillion:
Queen Elizabeth II, head of state of the United Kingdom and of 31 other states and territories, is the legal owner of about 6,600 million acres of land, one sixth of the earth’s non ocean surface.
She is the only person on earth who owns whole countries, and who owns countries that are not her own domestic territory. This land ownership is separate from her role as head of state and is different from other monarchies where no such claim is made – Norway, Belgium, Denmark etc.
The value of her land holding. £17,600,000,000,000 (approx).
This makes her the richest individual on earth. However, there is no way easily to value her real estate. There is no current market in the land of entire countries. At a rough estimate of $5,000 an acre, and based on the sale of Alaska to the USA by the Tsar, and of Louisiana to the USA by France, the Queen’s land holding is worth a notional $33,000,000,000,000 (Thirty three trillion dollars or about £17,600,000,000,000).
*(Dated 27 February 2007)
Regardless of how you adjust that number for time, inflation, etc…. It’s still staggering.
And it’s actually impossible to get a final number anyway, considering much of the queen’s shareholdings are hidden behind Bank of England Nominee accounts:
The Guardian newspaper reported in May 2002 … “the reason for the wild variations in valuations of her private wealth can be pinned on the secrecy over her portfolio of share investments. This is because her subjects have no way of knowing through a public register of interests where she, as their head of state, chooses to invest her money. Unlike the members of the Commons and now the Lords, the Queen does not have to annually declare her interests and as a result her subjects cannot question her or know about potential conflicts of interests…” In fact, the Queen even has an extra mechanism to ensure that her investments remain secret – a nominee company called the Bank of England Nominees. It has been available for decades to the entire World’s current heads of state to allow them anonymity when buying shares. Therefore, when a company publishes a share register and the Bank of England Nominees is listed, it is not possible to gauge whether the Queen, President Bush or even Saddam Hussein is the true shareholder. (source)
But hey, that didn’t stop taxpayers from funding a multi-million-dollar Diamond Jubilee celebration for her in 2012. Blech.
Speaking of hidden wealth, that would explain why no one really knows how much families like the Rockefellers or Rothschilds are even worth at this point:
By this method, the trillionaire masters of the universe remain hidden whilst Forbes magazine poses lower ranking billionaires like Bill Gates and Warren Buffett as the richest men in the World. Retired management consultant Gaylon Ross Sr, author of Who’s Who of the Global Elite, has been tipped from a private source that the combined wealth of the Rockefeller family in 1998 was approx (US) $11 trillion and the Rothschilds (U.S.) $100 trillion. However something of an insider’s knowledge of the hidden wealth of the elite is contained in the article, “Will the Dollar and America Fall Down on August 19?..” on page 1 of the 12th July 2001 issue of Russian newspaper Pravda. The newspaper interviewed Tatyana Koryagina, a senior research fellow in the Institute of Macroeconomic Researches subordinated to the Russian Ministry of Economic Development (Minekonom) on the subject of a recent conference concerning the fate of the U.S. economy:
Koryagina: The known history of civilization is merely the visible part of the iceberg. There is a shadow economy, shadow politics and also a shadow history, known to conspirologists. There are [unseen] forces acting in the World, unstoppable for [most powerful] countries and even continents. (source)
Add that to the fact to the ticking time bomb of a massive global derivatives market projected to clock in at over a quadrillion dollars — a figure no one is even really capable of fathoming — and CNBC could’ve saved a lot of time by just going ahead and asking: aren’t we all just slaves to the central banks?
Oh WAIT, they already DID:
Well, because they know what’s up. The game is rigged, as comedian George Carlin used to say:
Who are the “owners”? Well here’s a portion of the transcript of what some people call the best three minutes of George Carlin’s entire career, his “The American Dream” rant:
“It’s never going to get any better, don’t look for it, be happy with what you’ve got. Because the owners of this country don’t want that. I’m talking about the REAL owners, now. The REAL owners, the BIG WEALTHY business interests that control things and make all the important decisions — forget the politicians. The politicians are put there to give you the idea that you have freedom of choice. YOU DON’T. You have no choice. You have OWNERS. They OWN YOU. They own EVERYTHING. They own all the important land, they own and control the corporations; they’ve long since bought and paid for the Senate, the Congress, the State houses, the City Halls; they’ve got the judges in their back pockets, and they own all the big media companies so they control just about all the news and information you get to hear. They gotcha by the BALLS. They spend billions of dollars every year lobbying — lobbying to get what they want. Well, we know what they want — they want MORE for themselves and less for everybody else. But I’ll tell you what they don’t want. They DON’T want a population of citizens capable of critical thinking. They don’t want well-informed, well-educated people capable of critical thinking. They’re not interested in that, that doesn’t help them. That’s against their interests. That’s right. They don’t want people who are smart enough to sit around the kitchen table and figure out how badly they’re getting F*CKED by system that threw them overboard 30 f*ckin’ years ago. They don’t want that. You know what they want? They want OBEDIENT WORKERS. OBEDIENT WORKERS. People who are just smart enough to run the machines and do the paperwork, and just dumb enough to passably accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime, and the vanishing pension that disappears the minute you go to collect it. And now they’re comin’ for your SOCIAL SECURITY MONEY. They want your f*ckin’ retirement money. They want it BACK. So they can give it to their criminal friends on Wall Street. And you know something? They’ll get it. They’ll get it ALL from you sooner or later — ‘cuz they OWN this f*ckin’ place. It’s a big CLUB. And YOU AIN’T IN IT. [emphasis added]
The takeaway significance here, in my humble opinion, remains true enough (although it is drastically understated): once the tallies are truly figured (as if they ever could be), the average person is completely disenfranchised in the current political and economic system.
The world’s first trillionaire…Ha! What a joke. Like our currency is even anything more than worthless fiat paper anyway.
“Usury your illusion.”