With all the dread and current constant campaign messaging being drilled into your heads recently, did you happen to catch this headline;
World Bank bureaucrats lost track of at least $24B in funds fighting climate change: ‘Could be twice or 10 times more’
To give proper attribution, I peeled this headline from the “New York Post”.
I first saw a reference to this on X, or Twitter, and thought it was some false narrative being peddled from the Right. That this couldn’t possibly be true, that the World Economic Forum and the powers-that-be that run these funds couldn’t possibly just steal anywhere from 24 billion dollars to now a reported 41 billion dollars, and “possibly” 10 times more.
Friends, we now live in the greatest kleptocracy in the history of mankind.
Everyone in power is stealing money as fast as they can, and in amounts that would stagger the common man. This goes far beyond Nancy Pelosi insider trading herself to two-hundred-fifty million dollars and showing off her twenty thousand dollar Sub Zero designer fridge. Filled to the brim with twelve dollar pints of the finest ice cream.
The Defense Department has repeatedly failed all recent audits. They are spending billions. The World Bank has no accounting for spending some reported 41 billion dollars to fight “climate change”.
Listen up, if this isn’t some indication to you that the fight against the “existential threat” of climate change is not about climate change at all, but about population control and a huge money grab, you my friend are one of those “below average” intelligent, you know, the ones who are all below the “average line”, the ones who make all those above the “average line” appear to be so smart. Someone has to make up the below average, the low IQ, if you believe in “climate change”, that’s you.
I have learned to have a rule of thumb about kleptocracy. A measuring stick so to speak. Watch real estate prices in Miami and London. They are the canary-in-the-coal-mine of grift.
Over the years of my own life, Central and South America have been full of dictators, potentates, and military rulers who all came to power in their respective countries and stole as much money as they possibly could, as fast as they possibly could. Somehow I think they knew this thing might not last, so they began stealing day one, and funneling money to relatives, so that if their reign was short, they could escape somewhere with all the cash parked safely, and live out their lives in luxury. Many of the deposed ended up dead for their sins, but some managed to escape and live in exile, which is the goal of every thief that comes to power in Central and South America.
Now money for monies sake has no value or meaning. A room at the palace full of purloined US currency does nothing for you. Only when it produces a tangible result does it provide the luxurious goods and services that provide the higher level of comfort desired, and why you stole the cash in the first place. Piles of cash inside the palace while driving a Chevy belies the entire notion of stealing the cash to begin with.
You have to put the cash to use to fund a lavish lifestyle, to buy the best of the best products, live in the finest buildings, eat all the finest foods, hire a full staff.
And for Central and South American kleptocrats the first place they turn is Miami.
So when you see Miami real estate begin to boom at the highest end, when you see a home that would cost six million dollars to build in actual raw materials and construction costs start to balloon well past it’s intrinsic value, you begin to understand and make the connection that the ridiculously high price difference is because the person buying didn’t earn the money, they stole it. You don’t pay eighteen million, or twenty-four million, for a home with an actual value of six million, if you actually worked hard for that money. You know what value the money has, in actual toil and hard work to obtain.
So when you see real estate prices in Miami just balloon to ridiculous rates and go into the stratosphere in price, you can surmise and deduce that the Central and South American kleptocrats and their relatives are stealing money from their citizens by the tens-of-millions and parking the purloined cash in Miami real estate.
What have you noticed about Miami real estate over the last few years? Hmmm, sounds instructive. Penthouse condo prices at forty million, fifty million, sixty million and more. Waterfront near Key Biscayne over a hundred million.
A pretty good indication that theft South-of-the-border is in full swing and in amounts that would make Willy Sutton and Al Capone blush.
On the International front, all the thieves in Europe and into the Eastern Bloc, including the Soviet Union, they steal and steal and steal and put their money into three places; ridiculously sized yachts, Switzerland banks, and London real estate.
So it is instructive to view what is happening in London real estate to see just how much the Oligarchs are stealing in Russia, and other countries such as Ukraine. Ukraine has been just a “boom” country of late with some reported 400 billion flowing into the country from outside interests. That much money flowing attracts white collar thieves like flies on shit.
Have you seen the prices of London real estate? Oh, well, look, they mirror Miami, only the prices in London real estate are even higher. Because it isn’t only Russian Oligarchs, and other European thieves stealing billions at a time, you also have Middle East oil barons parking all their excess cash. Oil prices have been so high over the last few years that the Middle East Arab Potentates are awash in so much cash they’ve run out of places to park the money. They are buying up English football franchises, funding money losing golf leagues, the money is pouring in faster than they can find valid investments to park all that cash.
So London, the perfect international city for parking and storing cash value, and coincidentally a fantastic place to visit, live, shop, and dine, is a great place to spend a hundred million dollars for prime real estate. The wives of Oligarchs and Middle Eastern Arab Potentates love to spend long weekends spending two million, or three million in a shopping spree in downtown London. Every few years the magazine “Vanity Fair” will profile the offspring and wives of the very rich Arabs and Russians and detail their spending habits in London.
When your family is either awash in oil money, or in the case of every billionaire Russian in London stealing with both hands from Mother Russia, with Putin’s blessing of course since a portion is tithed back to him and his corrupt regime, it is nice to use London as a place to both park stolen wealth, and spend stolen wealth.
Perhaps as an afternoon exercise I will “Google” the various members involved in the World Bank and the climate funds to see exactly who was in charge of disbursement. And then cross reference whether or not they own high-end London real estate. The problem is they use LLC’s and shell companies to hide involvement. Hide the crimes.
But my bet is there is a one-to-one relationship between World Bank executives involved in climate change cash disbursements and ownership in the most expensive London real estate.
I may be a skeptic, and rather cynical, but when real estate prices in both Miami and London balloon way up past the point of all common sense and become untethered to the reality of intrinsic value, you can bet the practice of stealing money in huge amounts has become far more common, than common sense.
When it leaks out that forty-one billion has been “misplaced” in climate change funds at the World Bank, well, the end game is near. Like the mob in Las Vegas, they’ve become victims of their own gross malfeasance.
Reminds me of a game behaviorists created to view human beings and their penchant for greed. Perhaps you’ve heard this one, but humor me.
Social scientists put ten people around a table, and twelve dollars into a bowl. Told the people around the table they are going to blow a whistle and they have three seconds to grab money from the big bowl. As long as there exists one lone dollar remaining in the bowl after the whistle blows, and everyone has three seconds to grab their share, the scientists will replace the money back to twelve dollars and start again. And they will do this in perpetuity. Forever. As long as there is one dollar left in the bowl.
Now a thoughtful person, a normal person, a thinking person, would eye everyone up knowingly at the table, trying to promote the idea that everyone gets to take a dollar when the whistle blows, and that there will be two dollar remaining in the bowl, and they can play the game as long as they can stay awake, and everyone will get rich.
But when the scientists had people play the game, that isn’t what happened.
What happened was, after the first round, some enterprising person at the table figured out that they could grab two dollars, and there’d still be one dollar left. So while everyone else at the table got a dollar, they’d get two. And the game could still go on.
But eventually more people would try to take out two dollars each, and all the money would be gone, and the game would end. Done. No more cash in perpetuity.
Because of human greed.
It wasn’t enough to quietly and sensibly take out a dollar, a dollar, a dollar, and play the game fairly forever. And see everyone get rich. There were always at least two assholes full of greed who saw that if they “gamed the system” and took two dollars, they’d get ahead of everyone else.
Unfortunately for both them, and everyone else, one other person was as greedy as they were, and so the two of them combined to ruin the game for everyone.
According to what I read about this social science experiment the game never lasted past three rounds. Some asshole got greedy round two and took two dollars to get ahead of everyone else. And in the third round another asshole saw the first guy get ahead, and wanted to try getting ahead themselves. Game over.
And right now those two guys are running the World Bank Climate Fund, and they are on the rebuilding side of all the funds flowing to Ukraine.
And in so many places of power across the globe.
Stealing in amounts that are just incredible. Billions of dollars.
The proof is in Miami real estate prices, and London real estate prices.
No human that ever actually worked and toiled for their cash gives up a hundred million of it for a property in downtown London whose real value in bricks and drywall is eight million dollars. Raw land doesn’t command a ninety-four million dollar valuation no matter where it sits in the world when real valuation is taken into consideration. Only when too few have too many dollars chasing the same parcel does this occur. And especially when the too few stole the cash. Purloined cash, other people’s money, spends easier than your own.
Only thieves spend like that.
And right now the world is awash in thieves.
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