Skip to main content

Billionaires want to steal your retirement funds, before the AI bubble pops

 
The AI bubble has caused the most concentrated and overvalued stock market in US history. The billionaire CEOs of Big Tech corporations fear it may pop soon, so they changed the rules on Wall Street so that, mere days after their IPOs, SpaceX, OpenAI, and Anthropic will be given "fast track" inclusion in major index funds, despite the fact that they are losing tons of money.

These corporate oligarchs want to use average retail investors as exit liquidity, looting pensions, 401(k)s, and other retirement funds, all so Elon Musk can become the world's first trillionaire. Ben Norton explains the scandal. 

Comments

Post a Comment

Popular posts from this blog

“Russia & China Preparing For War With The US!”

The Jimmy Dore Show   Colonel Douglas Macgregor explains that as a result of recent military conflicts, Russia, China, and Iran have become allies, and that Beijing and Moscow have concluded that "if we let Iran fail, we're next on the menu" from what he describes as a "rogue state led by a rogue personality," meaning they will intervene to prevent Iran's collapse if the US threatens it. He tells Jimmy Dore that Putin called Trump for an hour and a half to make it clear that a military campaign in Iran would not succeed and would make the situation much worse, offering to store Iran's enriched uranium as a diplomatic gesture. Macgregor warns that if the US restarts the war, China could send 40 or 50 surface combatants and submarines to the Indian Ocean, and Russia could fly MiG-31s into Iranian airspace — not to provoke a direct confrontation but to "make a point." He concludes that the British Empire overreached and overextended with World War...
Post a Comment
Read more

US Warships Under Fire: Iran Hits Back & Blasts UAE

MintPress News  "PROJECT FREEDOM." Trump calls it humanitarian aid. We call it what he already admitted it is: piracy. On Friday, Trump boasted that US forces seizing Iranian ships and oil were "sort of like pirates, but we are not playing games."  By Sunday, he had rebranded the blockade as "Project Freedom"—a military escort operation to guide ships through the Strait of Hormuz. Today, that operation went live: 15,000 US troops, guided-missile destroyers, and over 100 aircraft are enforcing American "freedom" at gunpoint. Let's be clear: Washington didn't enter the Strait to defend commerce. It entered to monopolize commerce—to maintain imperial control over the world's oil arteries and strangle Iran's economy.  Iran knows this. That's why closing the Strait and establishing its own transit protocols remains its strongest card in the fight for self-determination. When Trump confessed to piracy, he wasn't joking. He was c...
Post a Comment
Read more

How 'Liberal' Media Sold You Mass Murder & Genocide

Secular Talk    
Post a Comment
Read more

A response to misinformation on Nicaragua: it was a coup, not a ‘massacre’

There is so much misinformation in mainstream corporate media about recent events in Nicaragua that it is a pity that Mary Ellsberg’s article for Pulse has added to it with a seemingly leftish critique. Ellsberg claims that recent articles, including from this website, often “ paint a picture of the crisis in Nicaragua that is dangerously misleading. ” Unfortunately, her own article does just that. It looks at the situation entirely from the perspective of those opposing Daniel Ortega’s government while whitewashing their malevolent behavior and downplaying the levels of US support they have relied on. Her piece is an incomplete depiction of what is happening on the ground, ignoring many salient facts that have come to light and which have been outdated by recent events. The following is a brief response to Ellsberg’s main points from someone who lives in Nicaragua and has observed the situation directly and intimately: https://grayzoneproject.com/2018/08/15/a-res...
Post a Comment
Read more

Russia & China Now OPENLY Backing Iran!

The Jimmy Dore Show    
Post a Comment
Read more

Οι ιδιώτες 'επενδυτές' ως η μόνη επιλογή για ανάκαμψη: άλλο ένα παραμύθι του νεοφιλελέ κατεστημένου

Άλλη μια 'ιερή αγελάδα' της νεοφιλελεύθερης χούντας που κανείς δεν επιτρέπεται ούτε καν να διανοηθεί να αμφισβητήσει του system failure Το Ελληνικό πείραμα διανύει ήδη τον έβδομο χρόνο του με την οικονομία ρημαγμένη και κανένα σημάδι ανάκαμψης στον ορίζοντα. Εκτός από την απόλυτη αποτυχία των νεοφιλελεύθερων πολιτικών που επιβλήθηκαν στην Ελλάδα από την Τρόικα της καταστροφής, έχει ενδιαφέρον κανείς να εξετάσει και τον τρόπο που τα νεοφιλελεύθερα αφηγήματα έχουν επηρεάσει σε μεγάλο βαθμό την κοινή γνώμη, με αποτέλεσμα να καταλήγουν αναπόσπαστο κομμάτι ενός στρεβλού ορθολογισμού μέσα στις κοινωνίες. Η διαδικασία αυτή γίνεται με όχημα, κυρίως, την προπαγάνδα και την πλύση εγκεφάλου από τα ΜΜΕ και το πολιτικό κατεστημένο. Ένα από τα κεντρικά κλισέ των φερέφωνων του νεοφιλελευθερισμού στην Ελλάδα και αλλού αφορά την απόλυτη αναγκαιότητα των ιδιωτών 'επενδυτών' για την ανάκαμψη της οικονομίας. Τα ιδιωτικά κυρίαρχα μίντια και το πολιτικό κατεστημένο κατ...
9 comments
Read more

Billionaires are social distancing in super yachts as tens of millions lose jobs

Everyday, it becomes clearer: the COVID-19 pandemic is hitting poor, working, and marginalized communities the hardest. Millions of workers – especially low-wage retail, food service, hospitality, and care workers – have faced the terrible choice daily between going to work and risking their health, or staying home and risking their paychecks. Many other workers don’t even have that choice, with around 30 million people in the US filing for unemployment in the past six weeks. But billionaires don’t face these same problems. As tens of millions have lost their jobs over the past two months, billionaire wealth soared by a whopping $282 billion between March 18 and April 10, according to a new study from the Institute for Policy Studies.  And while finding enough space to wait out the pandemic is something many struggle with, billionaires have been escaping to their second (or third, or fourth) homes to ride it out in luxury – all while they position themselves to ...
Post a Comment
Read more

From Moscow to Beijing: Eye on good neighbors with deep people-to-people ties

CGTN   Russian President Vladimir Putin has wrapped up his state visit to China. The bilateral meeting in Beijing has led to the extension of the 25-year-long Treaty of Good-Neighborliness and Friendly Cooperation, with high political mutual trust the backbone. Meanwhile, China and Russia issued a joint statement on promoting a multipolar world and a new type of international relations. What does the China-Russia relationship seriously mean to the two countries and to the world? 
Post a Comment
Read more

Iran’s Secret Weapon: The Undersea Cables That Could Shake the Global Economy

GVS Deep Dive   Iran’s pressure over the Strait of Hormuz may no longer be limited to oil tankers, naval routes, and energy prices. New reports suggest Tehran is considering control over undersea internet cables passing through Hormuz, potentially requiring permits, fees, Iranian law, and Iranian companies for repair and maintenance. This video breaks down why the Strait of Hormuz is not only an oil chokepoint, but also a digital chokepoint connecting Europe, the Gulf, and Asia. Beneath the waters that carry global energy flows are fiber-optic cables carrying banking data, cloud services, AI traffic, telecom networks, financial messaging, and e-commerce. If Iran turns Hormuz into a digital leverage point, the consequences could reach far beyond the Gulf. 
Post a Comment
Read more

Zuckerberg Caught On SECRET RECORDING:Forcing Employees To Train Their AI Replacements!

The Jimmy Dore Show   Leaked audio from a Meta all-hands meeting reveals Mark Zuckerberg telling employees that the company is training AI models by having them "watch really smart people" at Meta perform tasks like coding, with the goal of dramatically improving AI capabilities—after which Meta laid off 8,000 workers via 4 a.m. emails and reassigned 7,000 more to AI-focused teams. Jimmy Dore and Americans’ Comedian Kurt Metzger note that Zuckerberg acknowledged that Meta's engineers are "significantly higher" in quality than contract workers, making them ideal training data for AI that will eventually replace them, and that Meta has committed over $100 billion to AI capital expenditures while cutting jobs. Just hours before the layoffs, Meta donated nearly a million dollars to a pro-Becerra super PAC in California, which Jimmy calls an "investment in Zuckerberg's dystopian future." The segment concludes by noting that tech layoffs have hit 138,000...
Post a Comment
Read more