Big Business

Big business is not well thought of. There are reasons good, bad and indifferent. Here is some of the evidence.

Parasites
Who runs the Boondoggles? The answer is simple; parasites. Of course they have to qualify. This means pandering to power. It isn't pretty but greed trumps principle.

 

Gabriel Kolko On Corruption
Doctor Kolko has a view, he is a sound sort of chap.

 

Corruption Index 2010
Rates bribery and corruption by country. England comes higher than our wonderful politicians deserve. The Jews are not amused by their rating.

 

Big Business Big Government Big Fraud
Government gets the money, business spends it. Tax payers are screwed. Politicians get fat. Business men get fatter.

 

Big Government
Big governments have guns. Big governments have power. Big governments can extort humungous amounts from the sullen peasant masses and spend it how they will. They then walk rich like that misbegotten rogue Blair.

 

Big Government, Big Business, Big Corruption
Fred explains American corruption. It is just like England.

 

Bribery
The American government is leaning on foreign bribery while actively ignoring political corruption at home. They are unhappy with Her Majesty's Government's enthusiasm for letting them get away with it.

 

Southern Cross
Serves as a case study [ notice the communist jargon creeping in ] of Capitalist Swine in action.

 

Genetic Modification
Is alleged to be a way of making more and better food. It is unnecessary. The motives of the firms carrying out the research are highly questionable.

 

Pharmaceutical Fraud
Medical research is rather like gold mining. A good find is pretty much a licence to print money. A dry hole is an expensive disappointment. Faking a gold strike is possible. Medical researchers can pervert the patient trial results. This is not good.

 

Trafigura Bunged Angola General $750 Million [ 16 February 2014 ]
Trafigura
is a big oil trading firm with an ugly track record. Their Cote d'Ivoire Waste Dumping achieved 17 dead and 40,000 casualties. They had the gall to sue for libel but agreed to pay £100 million to their victims. Perhaps selling shares to a politician is not illegal but it was VERY profitable. And where did he get the $213 million in the first place?
PS Trafigura is a breakaway from Marc Rich, a thieving Jew on the run who was pardoned by Clinton after palms had been crossed with silver.

 

Tesco Gets Away With Fraudulent Accounting [ 28 March 2017 ]
They get to pay £129 million fine but most of the directors stay out of prison. That is the real issue. The perpetrators walk free & no doubt get their hard earned bonuses while the shareholders take the hit. Three directors have been charged. Did the auditors notice that profits were overstated by £326 million? NO! Are they any use? NO!

Recall that Enron's auditors didn't merely ignore the evidence; they destroyed it. Par for the course when serious money is involved. Of course the individuals just joined other firms. The corruption is out there just the same.
PS Tesco did sack PWC ex Price Waterhouse Coopers.

 

Remington Goes Broke - Telegraph Blames Donald Trump   [ 30 April 2018 ]
QUOTE
Remington has been an iconic American brand for more than 200 years. The US military used Remington firearms, as did Bonnie and Clyde. So did Adam Lanza, who carried out the Sandy Hook Massacre in 2012 that claimed the lives of 20 children and six adults. Last month the company filed for bankruptcy protection in Delaware.

The demise of the company, which admitted that it was between $100m and $500m (£72m-£363m) in debt, came against a backdrop of falling sales and the reluctance of major investors to get involved in an industry whose reputation was becoming more toxic by the day.
UNQUOTE
Remington Arms made good guns but being owned by a succession of capitalists, using it for personal enrichment and Financial Engineering caused problems through Asset Stripping. Another, and serious problem is Jews like Larry Fink of BlackRock [ See the next one - Ed. ], who hate America's Second Amendment, the Right To Keep And Bear Arms. This contrasts with the fact that Zionist crazies in Israel are probably the world's most heavily armed group. They are like the Nazis holding France until 1945.
PS The Telegraph aka the Quislinggraph has become a left wing Propaganda machine.

 

Jew Will Abuse His Financial Power  [ 30 April 2018 ]
QUOTE
Giant index funds have enormous clout in shareholder votes and company directors underestimate them at their peril, BlackRock chief Larry Fink has warned [ threatened ].

The billionaire investment chief said index funds – which hold $11.9 trillion of equities globally, around 18pc of the overall stock market – have long been underappreciated by corporate bosses but are making their power known by increasingly threatening to vote against underperforming directors.............

Index funds – which track markets rather than trying to beat them as ­active funds attempt to – cannot sell shares in response to poor performance or bad behaviour, which for years meant they were given little ­attention by company directors.

But they still have a vote and a voice, which Mr Fink said is now being used to great effect.
UNQUOTE
Real power is the power to abuse power.

 

Tesco Bosses On Trial For Fraudulent Accounting - For Lying About £250 Million Profit   [ 9 October 2018 ]     
And the auditors didn't notice.

 

Big Business Imports Cheap Labour To Grind Down The Poor      [ 6 October 2019 ]    
Capitalist Swine drive down wages by importing Third World aliens for the jobs that "Americans won't do". One of the swine is Gates; he who wrote shoddy software for Microsoft. What do you do with money after making your first billion? His answer is to waste it, to spend it on Africa. He was named as Race Traitor 2014. There are thousands more like him. Comrade Corbyn is just as bad if not worse but his motivation is [ probably ] different; one of Lenin's Useful Idiots. He wants Ethnic Fouling leading on to Genocide.

 

Post Office Prosecutions Cost Hundreds Of Millions - The Perpetrator Walks Away Laughing  [ 21 March 2021 ]
QUOTE
The Post Office faces a bill of ‘hundreds of millions of pounds’ after it was deluged with claims from 2,400 sub-postmasters in the wake of the Horizon IT scandal. Ministers yesterday revealed the taxpayer will bail out the Government-owned company as the cost is ‘beyond what the Post Office can afford’.

Between 1999 and 2015, hundreds of postmasters were sacked or prosecuted after money appeared to go missing from their branch accounts.

Post Office bosses were told glitches in the Horizon computer terminals in branches may be to blame but pursued prosecutions anyway. One postmaster, Martin Griffiths, 59, took his own life after he was falsely suspected of taking £60,000..................

The Prime Minister has launched an independent inquiry and the police are investigating two Post Office IT experts, which could result in charges of perjury. Last year a judge said the Post Office’s computer experts knew about problems in its IT system in 1999 – 15 years before the company stopped prosecuting postmasters.

But despite the gravity of the case, not a single Post Office boss, civil servant or minister has been sacked.
UNQUOTE
The inquiry is an excuse to hide the truth and keep the perpetrators out of prison. It is also a Boondoggle to make lawyers richer. Paula Vennells, the woman who ordered the prosecutions knowing that the computer system was no good walks free because her face fits. Throwing a couple of little people to the wolves is different; they don't matter. If the PM really wants an inquiry all they have to do is read Private Eye's report. It is Justice Lost In The Post.

 

Post Office Destroyed Evidence Of Their Bad Faith Prosecutions  [ 24 March 2021 ]
QUOTE
Post Office staff shredded key documents that could have helped postmasters defend themselves against prosecutions, a court has heard. Between 1999 and 2015, hundreds of postmasters were sacked or prosecuted after money appeared to go missing from their branches. The Post Office was told glitches in its Horizon computer system may have been to blame but pursued prosecutions anyway.

It came as the Court of Appeal began hearing the cases of 42 former sub-postmasters whose convictions were referred to it by the Criminal Cases Review Commission last year after a landmark civil action against the Post Office.

The firm was told the destruction of documents could constitute a 'conspiracy to Pervert The Course Of Justice' [ and keep Paula Vennells out of prison - Editor ].

Sam Stein QC, representing five of the postmasters, told the court yesterday: 'The Post Office's reaction is one of dishonesty and destruction and shredding of documents. You cannot see this any other way.'..................

The order to shred documents came after the Post Office followed legal advice to make a central database of errors and bugs in its IT system.
UNQUOTE
Lawyers told them what they wanted to hear; destroy the evidence. They should be in the frame too. The head postmistress, Paula Vennells is a priestess of the Church of England, whose face fits. So she gets away with it. See the truth in Private Eye's report at Justice Lost In The Post.

 

Malicious Prosecutions By The Post Office Reversed   [ 24 April 2021 ]
But Vennels gets away with it because her face fits. Lotsa people knew her computer system didn't work. Private Eye dug for dirt; they found it But the Post Office Destroyed Evidence Of Their Bad Faith Prosecutions. See e.g.
QUOTE
The firm was told the destruction of documents could constitute a 'conspiracy to Pervert The Course Of Justice' [ and keep Paula Vennells out of prison - Editor ].

Sam Stein QC, representing five of the postmasters, told the court yesterday: 'The Post Office's reaction is one of dishonesty and destruction and shredding of documents. You cannot see this any other way.'..................

The order to shred documents came after the Post Office followed legal advice to make a central database of errors and bugs in its IT system.
UNQUOTE
Lawyers told them what they wanted to hear; destroy the evidence. They should be in the frame too. Private Eye explains how Justice Was Lost In The Post. NB Vennells is on The Ethical Investment Advisory Group of the Church of England. Aren't they lucky? Recall that The Bible tells us at 21:13 [ Jesus went in ] And said unto them, It is written, My house shall be called the house of prayer; but Ye have made it a den of thieves.

 

Post Office Boss Resigns After Setting Up Malicious Prosecutions  [ 26 April 2021 ]
QUOTE
The Post Office boss who presided over the cover-up of one of Britain's biggest miscarriage of justice has announced she will step back from regular church duties. Paula Vennells, an ordained priest, was in charge of the company from 2012 to 2019 and walked away with £4.9million in pay and bonuses.

Today, the 62-year-old also resigned as a non-executive board member of high street retailers Dunelm and Morrisons. There were calls for Mrs Vennells to be investigated as 39 postmasters wrongly convicted of stealing from their branches were finally cleared at the Court of Appeal on Friday. 

The shortfalls in the accounts of local branches were the result of flaws in the Post Office's Horizon IT system.
UNQUOTE
Paula Vennells face fitted then she set this monstrous affair in motion. Private Eye got her bang to rights. See Justice Lost In The Post. NB Vennells is or was one of The Ethical Investment Advisory Group of the Church of England. As The Bible tells us: 21:13 [ Jesus went in ]  And said unto them, It is written, My house shall be called the house of prayer; but ye have made it a den of thieves.

 

General Flynn Is Banned By Chase Bank [ 3 September 2021 ]
QUOTE
BREAKING: Chase Bank cancels its credit card accounts with General Flynn citing possible “reputational risk” to their company. In case there was any doubt what is happening in this country. This is a big deal, showing that the kind of intense censorship that used to be reserved for people like Andrew Anglin, Alex Jones and Nick Fuentes is now moving into the mainstream of the right-wing.

Flynn is possibly specifically hated because he was a general and a high-level federal government official before he sided with Donald Trump against the rest of the government, but he is nonetheless just a pretty normal MAGA guy.
UNQUOTE
Big Business is turning nasty too. Recall that Facebook banned Donald Trump, the POTUS. Don didn't put Zuckerberg in prison, a mistake.

 

Glencore Buys Off Prosecutors For $1.2 Billion  [ 30 May 2022 ]
QUOTE
Glencore PLC said Tuesday that it would pay at least $1.2 billion and that two business units would plead guilty to bribery in the U.K. and to conspiracy to violate U.S. anticorruption laws, resolving criminal probes that have hung over the global mining and trading business for years.

The long-awaited guilty pleas and fines, covering a range of misdeeds including market manipulation and bribery, are related to Glencore’s past commercial conduct in the developing countries where it and other trading powerhouses obtain minerals and other resources and ferry them around the world.

Glencore International AG will pay about $700 million to resolve a U.S. Justice Department foreign-bribery investigation and $39.6 million to settle bribery claims in Brazil, according to the company. Another unit has agreed to pay $485 million to settle U.S. criminal and civil investigations into manipulation of fuel-oil prices, Glencore said.

Britain’s Serious Fraud Office charged another unit, Glencore Energy UK Ltd., with seven counts of bribery in connection to payments of $24 million for preferential access to oil in Africa........... In the separate criminal market-manipulation case, another unit, Glencore Ltd., pleaded guilty to one count of conspiracy to rig commodity prices.

The Brazil fine stems from Glencore’s part in a corruption probe known as Operation Car Wash, which involved payments related to state-controlled Petróleo Brasileiro SA, or Petrobras.............. The Anglo-Swiss company has disclosed that it has set aside $1.5 billion to cover the costs of settlements in the U.S., U.K. and Brazil.............

The settlement of the investigations removes a distraction for Glencore as it seeks to portray itself as the best positioned among large mining companies to capitalize on a global push to decarbonize transportation and energy. Though still a significant competitor in coal, the company has a large business in such metals as cobalt, copper and nickel, which are seen as vital to electric-vehicle batteries and the transmission of electricity.
UNQUOTE
Bribing prosecutors to ignore Bribery sounds unprincipled. But presumably it all goes through the books and lawyers. Albeit how else do you do business with foreigners? The Serious Fraud Office will be pleased to have a win for once They are very good at taking years and making a mess of prosecutions. Notice that this case, involving multiple crimes is merely a #distraction for Glencore.

 

 

Errors & omissions, broken links, cock ups, over-emphasis, malice [ real or imaginary ] or whatever; if you find any I am open to comment.
 
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Updated on 23/06/2022 21:08