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Showing posts with the label Monopolies

An Assassin Showed Just How Angry America Really Is

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  An Assassin Showed Just How Angry America Really Is The murder of UnitedHealth Care CEO Brian Thompson was brutal. The reactions were telling. Elite disdain for the rule of law is leading to a society that is spinning out of control. Matt Stoller In his speech for the Sherman Antitrust Act in 1890, Senator John Sherman of Ohio made a number of legal points about how to understand competition. But the thrust of his argument was about law and order, for the specter of violence was hanging over a nation that had within living memory experienced a massive and traumatic civil war. And there had been significant, and violent, strikes involving railroads, sometimes nationwide. Sherman believed America as a free people simply could not sustain the rise of immense concentrations of power in the industrial corporations he saw in his day. Congress had to act, or chaos would reign. Here’s what  he said : You must heed their appeal or be ready for the socialist, the communist, and the ni...

Death of a Salesman

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  Death of a Salesman A Complex Tragedy Librarian of Celaeno On the morning of December 4th, at 6:45 AM, Brian Thompson, CEO of United Healthcare, was murdered in Times Square as he was on his way to a shareholder meeting. At the time this is being written, the identity of the killer is unknown, and the motive yet to be definitively determined. However, much speculation has emerged around words written on shell casings left at the scene- “deny,” “defend,” and “depose.” These terms echo what trial lawyers  have labeled basic insurance company tactics to avoid paying claims - “delay, deny, defend.” In other words, it seems the killer may have been motivated by revenge for some wrong done to him, perhaps a denied claim on his or a loved one’s behalf, which caused him to seek out and kill Thompson as an act of retribution. This information has in turn led to some social media unpleasantness. Thompson’s death was roundly mocked on X, with people claiming to need  prior authori...

How Vanguard Conquered the World

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This is a continuation of a series of articles on BlackRock.  You can find those articles here , here  and here . How Vanguard Conquered the World THE CORBETT REPORT by James Corbett So, you've watched  How BlackRock Conquered the World  and you're now aware of how this financial behemoth with trillions of dollars of assets under management has taken over vast swaths of the economy. You know how BlackRock is one of the top institutional investors in seemingly every major Fortune 500 company, and you understand how Fink and the gang are leveraging this incredible wealth to wield political and social power, directing industry and ultimately steering the course of civilization. And since you  did  watch that podcastumentary to the very end, you'll also remember how I pointed out that the  top institutional investor  in most of these companies is not BlackRock, but The Vanguard Group. So what is The Vanguard Group? Where did it come from? What does it...