Celebrity Billionaires
IN “The Richest Man in the World,” a very, very long article at The Unz Review, Larry Romanoff makes the point that famous billionaires like Bill Gates, Warren Buffet and Elon Musk are merely figureheads and front men, created through extensive planning by those whose wealth vastly exceeds theirs. This is unquestionably true.
From the article:
Looting Americans 1975 to 2022
The situation is not different with the 2008 financial meltdown in the US. We had clearly deliberate attempts to inflate the housing market to almost atmospheric levels, with nearly zero interest rates and the removal of all restrictions and requirements – to the point where unemployed homeless people were buying $500,000 homes. This was again done with the full cooperation of the FED. Then, they simply collapsed the bubble, resulting in tens of millions of foreclosures. And again, when the blood was running in the streets, firms like Blackrock and their ilk were busy buying up these foreclosed homes at perhaps half price, as rental properties – often, to the same people who lost them. There is no accurate record of the total purchases, but the buying was almost frenzied. At one point, one agent in Florida for one “investment firm” alone, was bidding on more than 200 homes per week. With even conservative estimates, the transfer of housing assets alone from the American middle class to these same few people, would have been $7 or $8 trillion, all within two or three years. (more…)