Tag Archives: billionaire

12 Facts About Money And Congress That Are So Outrageous That It Is Hard To Believe That They Are Actually True

12 Facts About Money And Congress That Are So Outrageous That It Is Hard To Believe That They Are Actually True

By Michael Snyder

Do you want to get rich? Just get elected to Congress. The U.S. Senate and the House of Representatives are absolutely packed with wealthy people that are very rapidly becoming even wealthier. The collective net worth of the members of Congress is now measured in the billions of dollars. The people that we have elected to the House and Senate are absolutely swimming in money. Unfortunately, it is not easy to get elected to Congress. In this day and age you generally have to be heavily connected to those that are very wealthy to get into Congress because it takes gigantic amounts of cash to win campaigns. But if you can get in to the club, you pretty much have it made. The numbers that you are about to read are very difficult to believe and they should deeply sadden you. They show that Congress has become all about money. Congressional races are mostly financed by wealthy people, most of the people that we elect to Congress are very wealthy, and they rapidly get wealthier after they are elected. All of this money has turned our republic into something far different than our founding fathers intended.

The following are 12 statistics about money and Congress that are so outrageous that it is hard to believe that they are actually true….

#1 The collective net worth of all of the members of Congress increased by 25 percent between 2008 and 2010.

#2 The collective net worth of all of the members of Congress is now slightly over 2 billion dollars. That is “billion” with a “b”.

#3 This happened during a time when the net worth of most American households was declining rapidly. According to the Federal Reserve, the collective net worth of all American households decreased by 23 percent between 2007 and 2009.

#4 The average net worth for a member of Congress is now approximately 3.8 million dollars.

#5 The net worth of House Minority Leader Nancy Pelosi increased by 62 percent from 2009 to 2010. In 2009 it was reported that she had a net worth of 21.7 million dollars, and in 2010 it was reported that she had a net worth of 35.2 million dollars.

#6 The top Republican in the Senate, Mitch McConnell, saw his wealth grow by 29 percent from 2009 to 2010. He is now worth approximately 9.8 million dollars.

#7 More than 50 percent of the members of the U.S. Congress are millionaires.

#8 In 2008, the average cost of winning a seat in the House of Representatives was $1.1 million and the average cost of winning a seat in the U.S. Senate was $6.5 million. Spending on political campaigns has gotten way out of control.

#9 Insider trading is perfectly legal for members of the U.S. Congress – and they refuse to pass a law that would change that.

#10 The percentage of millionaires in Congress is more than 50 times higher than the percentage of millionaires in the general population.

#11 U.S. Representative Darrell Issa is worth approximately 220 million dollars. His wealth grew by approximately 37 percent from 2009 to 2010.

#12 The wealthiest member of Congress, U.S. Representative Michael McCaul, is worth approximately 294 million dollars.

So how are members of Congress becoming so wealthy?

Well, there are lots of ways they are raking in the cash, but one especially alarming thing that goes on is that members of Congress often make investments in companies that will go up significantly if legislation that is being considered by Congress “goes the right way”.

This is called a “conflict of interest”, but it happens constantly in Congress and nobody seems to get into any trouble for it.

The following is video of Steve Kroft of 60 Minutes ambushing Nancy Pelosi about one particular conflict of interest involving credit card legislation. As you can see, she does not want to talk about it….

As noted above, insider trading is perfectly legal for members of Congress.

A law that would ban insider trading by members of Congress has been stalled for years on Capitol Hill.

So has this been a significant benefit to members of Congress?

Well, there has been at least one study that appears to indicate that members of Congress have been much more successful in the stock market than members of the general public have….

A 2004 study of the results of stock trading by United States Senators during the 1990s found that that senators on average beat the market by 12% a year. In sharp contrast, U.S. households on average underperformed the market by 1.4% a year and even corporate insiders on average beat the market by only about 6% a year during that period. A reasonable inference is that some Senators had access to – and were using – material nonpublic information about the companies in whose stock they trade.

Of course all of this could just be a coincidence, right?

Meanwhile, members of Congress keep telling the rest of us that we are just going to have to cut back because times are tough.

For example, during an interview with George Stephanopoulos of ABC News, Nancy Pelosi actually claimed that we should try to encourage poor people to have less children because it costs the government so much money to take care of them….

PELOSI: Well, the family planning services reduce cost. They reduce cost. The states are in terrible fiscal budget crises now and part of what we do for children’s health, education and some of those elements are to help the states meet their financial needs. One of those – one of the initiatives you mentioned, the contraception, will reduce costs to the states and to the federal government.

STEPHANOPOULOS: So no apologies for that?

PELOSI: No apologies. No. we have to deal with the consequences of the downturn in our economy.

This elitist attitude extends all the way into the White House as well. Earlier this year, Barack Obama made the following statement….

“If you’re a family trying to cut back, you might skip going out to dinner, or you might put off a vacation.”

Meanwhile, the Obamas are living the high life at taxpayer expense. In a previous article I mentioned one outrageously expensive vacation taken by the Obamas that was paid for by our taxes….

“Back in August, Michelle Obama took her daughter Sasha and 40 of her friends for a vacation in Spain.

So what was the bill to the taxpayers for that little jaunt across the pond?

It is estimated that vacation alone cost U.S. taxpayers $375,000.”

There is a massive disconnect between what our politicians say and what our politicians do.

The high life is good enough for them, but the rest of us have got to “cut back” and suffer becomes times are hard.

But when it comes to money and Congress, the most corrupting influence of all is probably all of the campaign money that gets thrown around.

In America today, it takes gigantic mountains of money to run a successful campaign.

Sadly, the candidate that raises the most money almost always wins. In federal elections the candidate that raises the most money wins about 90 percent of the time.

More than 5 billion dollars were spent on political campaigns back in 2008.

That represents a huge number of favors that need to be paid back.

In 2012, it is being projected that 8 billion dollars could be spent on political campaigns.

When big corporations and wealthy individuals shovel huge piles of money into political campaigns, it is generally because they expect something in return.

Most of those that get sent to Congress realize that they never would have won if wealthy donors had not showered cash on them. Most of them understand that they should not bite the hands that feed them if they want the cash to keep rolling in.

Politics in America has become a game that is played by the elite for the benefit of the elite.

Average Americans have the perception that they are involved in the process and that their opinions really matter, but mostly it is just an illusion.

It is so sad.

Meanwhile, members of Congress rapidly get wealthier and average American families continue to suffer. In fact, the standard of living in the United States has fallen farther over the past three years than at any other time that has ever been recorded in U.S. history.

But for members of Congress the good times just keep on rolling.

Just as it has been for most of human history, the rich rule over the poor.

Does anyone out there believe that we have any hope of changing this?

SOURCE

Billionaires for Eugenics

Billionaires For Eugenics

The Intel Hub
By Servando Gonzalez
May 8, 2011

On May 5th, 2009, some of the most notorious members of the “billionaires club” — David Rockefeller, Bill Gates, Ted Turner, Oprah Winfrey, Warren Buffett, George Soros, Eli Broad, Peter G. Peterson, Patty Stonesifer, John Morgridge, Michael Bloomberg and a few other billionaires –, secretly met at the Manhattan residence of Sir Paul Nurse, president of Rockefeller University.

HISTORY OF EUGENICS

The meeting was eerily similar to another meeting that took place on January 20, 1942, in Wansee, a Berlin suburb.

In the Wansee Conference, some high ranking Nazi officials, led by SS-Obergruppenführer Reinhard Heydrich, dispassionately discussed the more efficient methods to carry out the “Final solution to the Jewish question.”

Though European Jews were the main targets for elimination, other groups, especially Slavs, Romany and mentally and/or physically disabled Germans, were also persecuted and murdered. The total death toll is estimated at between 12 and 26 million.

As expected, the U.S. mainstream media was very careful not to inform the American people about the billionaires meeting in Manhattan, but some details eventually were known.

Quoting an anonymous person who attended the meeting, a major U.K. newspaper reported that “a consensus emerged that they would back a strategy in which population growth would be tackled as a potentially disastrous environmental, social and industrial threat.”

According to other sources, billionaires who attended the secret meeting convened on the initiative of Bill Gates. Giving credibility to this is the fact that Gates had made similar points at a conference he attended on February 18, 2010, in Long Beach, California.

“Official projections say the world’s population will peak at 9.3 billion [up from 6.6 billion today] but with charitable initiatives, such as better reproductive healthcare, we think we can cap that at 8.3 billion,
” Gates said. Translated into plain English, this means that Mr. gates is planning to participate in the killing of more than a billion human beings.

Also present at the meeting in Manhattan was media czar Ted Turner, billionaire founder of CNN who stated in a 1996 interview for the Audubon nature magazine, where he said that a 95% reduction of world population to between 225-300 million would be “ideal.” In a 2008 interview at Philadelphia’s Temple University, Turner fine-tuned the number to 2 billion, a cut of more than 70% from today’s population.

The Rockefeller family is known for their generosity in contributing, through their non-profit, “philanthropic” foundations, to all causes whose goal is population control. Actually they were instrumental in the creation of the eugenics movement in the U.S., which later was exported to Germany where the Nazis brought it to its highest development.

Since the early 1920’s the Rockefeller Foundation began funding the eugenics research in Germany through the Kaiser-Wilhelm Institutes in Berlin and Munich. Beginning in the 1950’s, John D. Rockefeller III, used his foundation money to create a population reduction neo-Malthusian program through his private Population Council in New York.

It is not a coincidence that all of the billionaires who attended the Manhattan meeting are strong supporters of the creation of a New World Order. The NWO they envision is the global, communo-fascist totalitarian regime that will be implemented after they have killed 70% of the current world’s population and reduced the survivors to pre-industrial level of consumption.

This will be a techno-fascist medieval society with no middle class, with only the dirty poor serfs confined to decaying cities and the billionaire masters living in fortified castles, enjoying the beauty of a depopulated Gaia.

Some naïve people see this as another unfounded conspiracy theory. Their rationale is based on the belief that they would not want to kill us, when they need us as consumers to further engross their fortunes. We must remember that, when news spread that the Nazis were killing the Jews, some people, including some Jews, didn’t believe it.

The Nazis, they reasoned, needed them to exploit as slave labor in the war factories. Unfortunately, the ones who thought that ended up in the extermination camps. Trying to find logic in the minds of mass murderers is a perilous exercise in frustration.

Early this year, enviro-journalist Bryan Nelson wrote a Mother Nature Network report entitled “Was Genghis Khan History’s Greenest Conqueror?” [1] In it, he claimed that Genghis Khan’s invasions of the 13th and 14th centuries were so sweeping, it “may have been the first instance in history of a single culture causing man-made climate change.” According to Nelson, Genghis Khan contributed to cool the environment by “effectively scrubbing around 700 million tons of carbon from the atmosphere.”

Obviouysly, if Nelson survives the planned mass killing, he would happily write an article claiming that the eugenicist billionaires have gained their rightful place in history as the greenest mass killers in human history. I would not be surprised if somebody suggests carving their smiling faces in Mount Rushmore honoring their success in saving Gaia from us useless eaters.

Had a group of people secretly met to plan the assassination of one single person, it would be a conspiracy to commit a murder, a crime penalized by the U.S. law. But, even though the Manhattan meeting eventually leaked to the press, none of the would-be mass murderers have been indicted. Obviously, these billionaires see themselves above the law because they are above the law.

The would-be mass murderers’ rationale for wanting to kill more than a billion of us is that the Earth resources are limited, and we consume and pollute too much. But just a perfunctory analysis of the problem evidences that any of the billionaires who attended the secret meeting consume and pollute more in a single day than the people of some small third-world countries do in a year. Therefore, I would have expected that, if they really wanted to solve the problem in order to save the planet, they have plans to commit suicide after having killed their whole families.

Actually, just from the point of view of efficiency, that solution may be much more practical. But no. The hyperpolluter billionaires want to do it the hard way, by killing you, me, and several billion more. I guess that currently Hitler, Stalin, Mao and Pol Pot are turning around in their graves, knowing that these billionaires are trying harder to beat their records as the greatest mass murderers in modern history.
Notes:

[1] Bryan Nelson, “Was Genghis Khan history’s greenest conqueror?,” MotherNatureNetwork, Jan 24 2011, http://www.mnn.com/earth-matters/climate-weather/stories/was-genghis-khan-historys-greenest-conqueror.

Servando Gonzalez is a Cuban-born American writer, semiologist and intelligence analyst. He has written books, essays and articles on Latin American history, intelligence, espionage, and semiotics.
Servando is the author of Historia herética de la revolución fidelista, The Secret Fidel Castro, The Nuclear Deception and La madre de todas las conspiraciones, all available at Amazon.com.

SOURCE