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Gilded Age for Billionaire Offspring as $5.2 Trillion Wealth Transfer Accelerates

The Swiss bank UBS released a report Thursday showing that a massive transfer of wealth from billionaire business founders to their heirs is underway and accelerating, with trillions of dollars in assets moving from those who accumulated fortunes through entrepreneurship to family members whose vast riches are owed to the simple accident of birth. In the 12-month period between April 2022 and April 2023, newly created billionaires acquired more wealth through inheritance than entrepreneurship for the first time since UBS began studying billionaire wealth trends in 2015. The bank, a friend of the super-rich, said that 53 heirs inherited nearly $151 billion in wealth during the study period, exceeding the $140.7 billion amassed by billionaire entrepreneurs.  [...] After falling in the wake of the coronavirus pandemic—during which billionaire wealth soared as millions died across the globe—billionaires' collective net worth "recovered by 9% in nominal terms from USD 11.0 trillion...

Henry Kissinger, Top U.S. Diplomat Responsible for Millions of Deaths, Dies at 100

Henry Kissinger, national security adviser and secretary of state under two presidents and longtime éminence grise of the U.S. foreign policy establishment, died on November 29 at his home in Connecticut. He was 100 years old. Kissinger helped to prolong the Vietnam War and expand that conflict into neutral Cambodia; facilitated genocides in Cambodia, East Timor, and Bangladesh; accelerated civil wars in southern Africa; and supported coups and death squads throughout Latin America. He had the blood of at least 3 million people on his hands, according to his biographer Greg Grandin. There were “ few people who have had a hand in as much death and destruction, as much human suffering, in so many places around the world as Henry Kissinger, ” said veteran war crimes prosecutor Reed Brody. Full report: https://theintercept.com/2023/11/29/henry-kissinger-death/

Team B and the Jerusalem Conference: How Israel Helped Craft Modern-Day “Terrorism”

Since Israel’s genocidal assault on Gaza began, Zionist officials, pundits, journalists, and their Western opposite numbers have endlessly invoked the sinister specter of “terrorism” to justify the industrial-scale slaughter of Palestinians.   Kit Klarenberg Part 3 - ‘Propaganda to Dehumanize’ For years, by that point, Israeli officials had been attempting to popularize the term “terrorism” to explain the motivations and actions of Palestinian freedom fighters. That way, their righteous fury at repression could be reframed as a destructive ideology of violence for violence’s sake without rationale and Zionist colonial tyranny as warranted self-defense. This effort became turbocharged in September 1972, when the kidnapping of 11 Israeli athletes at that year’s Olympics in Munich by Palestinian militants ended with all hostages murdered. This particularly public bloodshed centered world attention on Israel and left Western citizens wondering what could’ve possibly inspired such actio...

Who controls agricultural land in Ukraine?

The total amount of land controlled by oligarchs, corrupt individuals, and large agribusinesses is thus over nine million hectares, exceeding 28 percent of the country’s arable land. The rest is used by over eight million Ukrainian farmers.   Part 10 - Doesn’t Ukraine need private foreign investments in order to develop and recover from the war?   While international financial institutions claim that attracting private investment for the expansion of industrial agriculture is the way for Ukraine to “develop” and recover from the war, these investments have so far been almost exclusively channeled to large agribusinesses run by oligarchs. This has resulted in increasing land concentration and the expansion of industrial, monocrop agriculture destined for export, which does not benefit the local population and Ukrainian small farmers .   Financial support should be redirected to small farmers, which play a crucial role in guaranteeing the country’s food security but c...

Damning evidence of war crimes as Israeli attacks wipe out entire families in Gaza

For 16 years, Israel’s illegal blockade has made Gaza the world’s biggest open-air prison – the international community must act now to prevent it becoming a giant graveyard   Amnesty International   Part 6 - ‘We cannot even count our dead’   On 10 October an Israeli air strike hit a six-storey building in Sheikh Radwan, a district of Gaza City, at 4:30pm. The strike completely destroyed the building and killed at least 40 civilians. Satellite imagery suggests damage to buildings on this street sometime between 12:11UTC on 10 October and 7:30UTC on 11 October. The Crisis Evidence Lab geolocated two videos posted to social media that corroborate the destruction of homes in Sheikh Radwan. One of the videos, which was posted online on 10 October, shows people pulling the body of a dead infant from the rubble. Amnesty International spoke to Mahmoud Ashour whose daughter, Iman, and her four children, Hamza, six months, Ahmad, two years, Abdelhamid six, and Rihab, eight, were...

Tweet of the day

Whoever wasn't convinced that the billionaire oligarch #ElonMusk is an absolute fraud with the only aim to protect the interests of his billionaire class, his latest visit to Israel side by side with the war criminal #BenjaminNetanyahu , must have now convinced them. pic.twitter.com/l7OLtqPSqr — failedevolution (@failedevolution) November 27, 2023

Day 1692: Julian Assange still in prison and under slow-motion execution by the Anglo-American imperialist criminals

failed evolution   On 11 April 2019, the Ecuadorian government of traitor Lenin Moreno, invited the Metropolitan Police into the Ecuadorian embassy in London, and they arrested Julian Assange . Since then, Assange is kept in Belmarsh high security prison in London, without actual charges.   The real reason world's number one political prisoner is still kept in this high security prison, is because he exposed horrendous war crimes carried out by the US imperialists and their allies.   The ruthless Western imperialist regime wants to punish the No1 real journalist in the world and make him an example for any Whistleblower or real journalist who will attempt to expose its big crimes in the future.   And the Anglo-American axis has now become officially a fascist coalition , framed by the rest of its Western pets. UK's Home Secretary Priti Patel, one of the most ruthless ever, decided to extradite Julian Assange to US. No surprise of course. The only question we had...

Kyiv’s top MP: Ongoing conflict could have ended in 2022 if Ukraine agreed to remain neutral

In a shocking revelation, the head of President Vladimir Zelensky’s parliamentary faction David Arakhamia said that Russia was ready to stop the fighting had Ukraine agreed to remain neutral, but the West advised Kyiv to keep going. Russia was ready to stop the fighting had Ukraine agreed to remain neutral, but the West advised Kyiv to keep going, the head of President Vladimir Zelensky’s parliamentary faction – and the chief negotiator at the peace talks in Istanbul, David Arakhamia was quoted by Russia Today as saying. Arakhamia, who heads the ‘Servant of the People’ parliamentary group, told the TV channel 1+1 that Moscow had offered Kyiv a peace deal in March 2022, but the Ukrainian side did not trust Moscow, according to Russia Today . “ Russia’s goal was to put pressure on us so that we would take neutrality. This was the main thing for them: They were ready to end the war if we accepted neutrality like Finland once did. And we would make a commitment that we will not join NATO...

Zionist anti-Palestine censorship is surging

The Real News Network   Dylan Saba, a lawyer for Palestine Legal, was asked to write a piece on the silencing of pro-Palestine voices by The Guardian —only to then be informed at the last minute that his piece had been killed. Saba joins countless pro-Palestine activists and voices who have been targeted with termination, doxxing, harassment, censorship, and even death threats. Saba joins The Chris Hedges Report to discuss the intensifying war on civil liberties unfolding as public revulsion at Israel's crimes in Gaza grows. 

October 7 testimonies reveal Israel’s military ‘shelling’ Israeli citizens with tanks, missiles

Israel’s military received orders to shell Israeli homes and even their own bases as they were overwhelmed by Hamas militants on October 7. How many Israeli citizens said to have been “burned alive” were actually killed by friendly fire?   by Max Blumenthal   Part 5 - Did Israel’s now-disappeared “Hamas atrocity” photos depict dead Hamas fighters?   Among the most gruesome videos of the aftermath of October 7, also published on the Telegram account of South Responders, shows a car full of charred corpses at the entrance of Kibbutz Be’eri. The Israeli government has portrayed these casualties as Israeli victims of sadistic Hamas violence. However, the melted steel body and collapsed roof of the car, and the comprehensively scorched corpses inside, evidence a direct hit from a Hellfire missile. It is also possible that the male occupants of the car were Hamas activists who had streamed in after the fences were breached. They may have also been returning to Gaza with Israeli...