Doing Well.

       During this pandemic we continually hear that we are all in this together, a wonderful illusion to get a submissive population. Let's not rock the boat, let's all pull together and get back to "normal". However during this pandemic one group has done very well indeed, our parasite class of millionaires and billionaires. The extract below is on American parasite billionaires, but I doubt that research in other developed countries would come up with a different result, different amounts but the same process. It's the system buddie.

The following from Mint Press News:

 Are they clapping frontline workers, are after looking at the bank balance.

       A new report from the Institute for Policy Studies found that, while tens of millions of Americans have lost their jobs during the coronavirus pandemic, America’s ultra-wealthy elite have seen their net worth surge by $282 billion in just 23 days. This is despite the fact that the economy is expected to contract by 40 percent this quarter. The report also noted that between 1980 and 2020 the tax obligations of America’s billionaires, measured as a percentage of their wealth, decreased by 79 percent. In the last 30 years, U.S. billionaire wealth soared by over 1100 percent while median household wealth increased by barely five percent. In 1990, the total wealth held by America’s billionaire class was $240 billion; today that number stands at $2.95 trillion. Thus, America’s billionaires accrued more wealth in just the past three weeks than they made in total prior to 1980. As a result, just three people ­– Amazon CEO Jeff Bezos, Microsoft co-founder Bill Gates and Berkshire Hathaway’s Warren Buffet – own as much wealth as the bottom half of all U.S. households combined.
     The Institute for Policy Studies’ report paints a picture of a modern day oligarchy, where the super-rich have captured legislative and executive power, controlling what laws are passed. The report discusses what it labels a new “wealth defense industry” – where “billionaires are paying millions to dodge billions in taxes,” with teams of accountants, lawyers, lobbyists and asset managers helping them conceal their vast fortunes in tax havens and so-called charitable trusts. The result has been crippled social programs and a decrease in living standards and even a sustained drop in life expectancy – something rarely seen in history outside of major wars or famines. Few Americans believe their children will be better off than they were. Statistics suggest they are right.

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Another Massive Oil Spill.

         I have no doubt that there are lots of people, spouting the wonders of modern technology. who considered that the water protectors trying to stop the Dakota Access Pipeline at Standing Rock were over reacting for some ulterior motive. Well not a stones throw from the stand off between the water protectors and the oil greed juggernaut, the wonders of modern technology have let us down again, with disastrous effects. A massive oil spill, estimated at more than 170,000 gallons of crude oil has just leaked into a tributary of the Little Missouri River and over a hillside. It appears that the monitoring equipment failed to detect the leak, so nobody is sure for how long it has been leaking. So far two dead cows have been found at the site. Thanks for the link Loam.

This report from Mint Press News:

        A pipeline just two and half hours’ drive from the Indigenous water protectors’ ongoing stand against the Dakota Access Pipeline has leaked over 170,000 gallons of crude oil into a tributary of the Little Missouri River and into a hillside, it was reported late Monday.
       Monitoring equipment failed to detect the leak, and it is unknown how long the spill near Belfield, North Dakota had gone on before a local landowner discovered it on December 5.
       At least two cows have been confirmed dead near the site of the spill, reports the Pioneer Press.
       The Belle Fourche pipeline is operated by the Wyoming-based True Companies, which is the same company behind the 2015 pipeline rupture in Montana that sent over 40,000 barrels of crude into Yellowstone River. Indeed, at that time it was reported that the operator had a “checkered environmental history,” with 30 recorded pipeline leaks and multiple federal fines on its record.

Read the full article HERE: 

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