Bezos And Other Corporate Execs Sold Billions In Stock Before COVID-19 Rocked Market

bezos-and-other-corporate-execs-sold-billions-in-stock-before-covid-19-rocked-market

26-03-20 08:50:00,

Jeff Bezos and other corporate executives across the country sold approximately $9.2 billion in shares of their own companies between early February and the end of last week, salvaging potential losses of up to $1.9 billion, according to an analysis of more than 4,000 regulatory filings by the Wall Street Journal.

The largest seller was the richest man in the world – Jeff Bezos, who sold $3.4 billion in Amazon shares the first week of February, right before the market peaked – which avoided paper losses of approximately $317 million through March 20. The sale constituted roughly 3% of his holdings – and was nearly as much stock as he sold during the previous 12 months.

And while there is no indication that executives sold shares based on inside information – and the Journal notes that executives often sell shares early in the year for tax purposes, the amount of stock sold by US execs was up around 1/3 vs. the same period from the last two years according to the report.

Other execs who sold include BlackRock’s Laurence Fink, and IHS Markit’s Lance Uggla.

While Mr. Bezos’s sales accounted for more than a third of the 2020 sales, thousands of other insiders sold stock. More than 150 executives and officers individually sold at least $1 million worth of stock in February and March after having sold no stock in the previous 12 months, the Journal analysis found.

Wall Street executives also sold large dollar amounts, including Laurence Fink, CEO of BlackRock Inc., who sold $25 million of his company shares on Feb. 14, pre-empting potential losses of more than $9.3 million and Lance Uggla, CEO of IHS Markit Ltd., a data and analytics firm, who sold $47 million of his shares around Feb. 19. Those shares would have dropped in value by $19.2 million if Mr. Uggla had retained them. A spokesperson said the shares were sold under a preset plan. –Wall Street Journal

A BlackRock spokesman said that Fink’s sales were a small percentage of his overall holdings (under 5% according to his latest filing),

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Two Other Pandemics: The Lemming and Apathy Viruses – Global Research

two-other-pandemics:-the-lemming-and-apathy-viruses-–-global-research

12-03-20 11:06:00,

Of course, the worst pandemic of the 21st century is out and about us. Italy is now in a ‘lockdown’ state and throughout most of the world people are in a panic mode.

And why not? Viruses like this Corona Virus can kill.

Yet, in the world of politics there have been, for a long time now, those two other ones:

The Lemming Virus and the Apathy virus.

They only kill what is left of our Republican Democracy… which is not much at all!

The Trump cabal has very shrewdly mislabeled what is actually the main force behind this hijacking of our democracy, the real Deep State. What Eisenhower referred to as the Military Industrial Complex is in actuality the genuinely crooked and evil Deep State.

Thus, Trump’s lemmings keep harping on what in reality is the actual cause of  their demise, the force not in opposition, but actually behind his actions. It is the old joke of what the masochist said to the sadist. The masochist said ‘ Hit me!’ …. and the sadist answered ‘ NO!’. Ditto for the lemmings who run off the cliff of reason when the Democratic Party pied pipers lead them.

 We have this Two Party Scam that has continually gotten more powerful since the end of WW2. We know how the right wing Republican Party behaved when FDR tried to save Capitalism for his class. He made many great reforms to the system, with Socialism as the torch bearer. Not complete Socialism, but enough common sense policies to help stop the massive bleeding of the masses.

Yet, the greedy Republican Fat Cats wanted no part of any reforms to their plantation system. If you read the history of Marine General Smedley Butler, you will find out how those same right wing Neo Nazi American Fat Cats tried to institute an actual Amerikan Coup de tat. Butler ratted them out and it failed.

Then  FDR dies and his successor, good old ‘Give em hell Harry’ Truman, drops the two immoral and unnecessary A Bombs to show our new enemy,

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Iran, And Other Notes From The Edge Of The Narrative Matrix

iran,-and-other-notes-from-the-edge-of-the-narrative-matrix

12-01-20 03:33:00,

The greatest asset of the propagandists is your belief that you haven’t been propagandized.

~

Hi my name’s Maga McBootlick. I fight the establishment by cheerleading for the US President, I oppose war by supporting the same Middle East agendas as Dick Cheney, John Bolton and Bill Kristol, and I love the Iranian people so much I want to kill them with starvation sanctions.

~

I can’t believe I’ve spent a week and a half arguing with Republicans who insist that assassinating a nation’s top general is perfectly sane and normal and fine. No, idiots. No.

~

Trump supporters keep telling me how upset they are that I’m dedicating so much time and energy to criticizing his Iran warmongering. The mental irritation you experience when I criticize your president is called cognitive dissonance. It’s what being wrong feels like.

~

Note to the US government: you don’t get to murder civilians with starvation sanctions and then have anyone believe you when you tell them you stand with them. Not a thing.

~

When you target civilians with sanctions with the stated goal of making them so miserable and hungry that they rise up against their government, and then openly urge them to rise up against their government, you are trying to start a civil war. That is the thing you are doing. People should really think hard about exactly what that means.

The US Secretary of State has openly admitted that Iran is being sanctioned not so that its government will change its behavior, but so that the Iranian people will force their government out. This cannot happen without coordinated violence against Tehran, i.e. civil war.

We’ve known for years that the CIA has been ramping up covert operations within Iran. Concerns that the CIA is working to foment violence and disorder in Tehran are not idle speculation. It is most definitely happening. Only question is how and to what extent.

~

Anyone who’s ever escaped from a relationship with a sociopath can see these “We stand with the people of Nation X in rising up against their government” scripts for the imperialist manipulations they are.

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A Call for a Coup Plus a Week Like No Other for Tulsi Gabbard

a-call-for-a-coup-plus-a-week-like-no-other-for-tulsi-gabbard

22-10-19 08:44:00,

There was what might be described as an extraordinary amount of nonsense being promoted by last week’s media. Unfortunately, some of it was quite dangerous. Admiral William McRaven, who commanded the Navy Seals when Osama bin Laden was captured and killed and who has been riding that horse ever since, announced that if Donald Trump continues to fail to provide the type of leadership the country needs, he should be replaced by whatever means are necessary. The op-ed entitled “Our Republic is Under Attack by the President” with the subtitle “If President Trump doesn’t demonstrate the leadership that America needs, then it is time for a new person in the Oval Office” was featured in the New York Times, suggesting that the Gray Lady was providing its newspaper of record seal of approval for what might well be regarded as a call for a military coup.

McRaven’s exact words, after some ringing praise for the military and all its glorious deeds in past wars, were that the soldiers, sailors and marines now must respond because “The America that they believed in was under attack, not from without, but from within.”

McRaven then elaborated that “These men and women, of all political persuasions, have seen the assaults on our institutions: on the intelligence and law enforcement community, the State Department and the press. They have seen our leaders stand beside despots and strongmen, preferring their government narrative to our own. They have seen us abandon our allies and have heard the shouts of betrayal from the battlefield. As I stood on the parade field at Fort Bragg, one retired four-star general, grabbed my arm, shook me and shouted, ‘I don’t like the Democrats, but Trump is destroying the Republic!’”

It is a call to arms if there ever was one. Too bad Trump can’t strip McRaven of his pension and generous health care benefits for starters and McRaven might also consider that he could be recalled to active duty by Trump and court martialed under the Uniform Code of Military Justice. And the good admiral, who up until 2018 headed the state university system in Texas, might also receive well merited pushback for his assessment of America’s role in the world over the past two decades, in which he was a major player,

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The TSA (and Other Experiments in Evil)

the-tsa-and-other-experiments-in-evil

16-02-19 10:29:00,

The TSA (and Other Experiments in Evil)

In 1961, a psychologist conducted an experiment demonstrating how ordinary men and women could be induced to inflict torture on complete strangers merely because an authority figure had ordered them to do so. In 2001, the United States government formed the Transportation Security Administration to subject hundreds of millions of air travelers to increasingly humiliating and invasive searches and pat downs. These two phenomena are not as disconnected as they may seem.

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“War by Other Means” against Russia and China: Washington Pressures EU Nations to Boycott Russia’s Nord Stream II Gas Pipeline – Global Research

8220war-by-other-means8221-against-russia-and-china-washington-pressures-eu-nations-to-boycott-russia8217s-nord-stream-ii-gas-pipeline-8211-global-research

15-12-18 05:12:00,

Make no mistake. Washington is at war with Russia, China, Iran, Venezuela, Cuba, Nicaragua, and other sovereign independent states – waging cold war at risk of turning hot against any or all of them. US war on Russia rages politically, economically, financially and through illegal sanctions.

The latest body blow came on December 11. US House members unanimously adopted a resolution, calling for the Trump regime to severely penalize EU nations and enterprises participating in Russia’s Nord Stream II gas pipeline project – wanting stiff sanctions imposed under the so-called Countering America’s Adversaries Through Sanctions Act (CAATSA) – targeting Russia, Iran and North Korea.

When completed, Nord Stream II will be the world’s longest underwater pipeline, a major engineering achievement.

It’ll be able to deliver 55 billion cubic meters of natural gas from beneath the Baltic Sea, its capacity to be doubled by an additional line, the project scheduled for completion by late 2019 or early 2020.

Russia’s world’s largest natural gas reserves and proximity to other European countries makes it the most logical supplier of their needs.

Nord Stream II will run from Russia’s border, below the Baltic Sea to Germany, crossing Russian and German waters, along with economic zones of Russia, Finland, Sweden, Denmark and Germany.

Five European companies are involved in construction – including France’s Engie, Austria’s OMV AG, Germany’s Uniper and Wintershall, along with Royal Dutch Shell. Brussels, including economic powerhouse Germany, strongly supports the project.

The Trump regime lied claiming it’ll undermine European energy security and stability. Polar opposite is true. It’ll be an economic and energy boon for countries benefitting from the project.

Trump regime Russophobes want America replacing Moscow as Europe’s main natural gas supplier, despite an ocean separating both continents, making it advantageous for EU countries to rely heavily on Russia for their LNG needs – impractical and expensive to ship it from the US.

Trump regime hardliners are going all-out to undermine Nord Stream II, intending to impose sanctions on European nations and companies involved in its construction.

Germany is key. Days earlier, its Foreign Minister Heiko Maas defended the project, stressing it makes no sense to abandon it.

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More Than Any Other Country Russia Is Determined Never to Have a Repeat of WWI

more-than-any-other-country-russia-is-determined-never-to-have-a-repeat-of-wwi

12-11-18 04:49:00,

And of everything that followed

  • “The team today feels that after a century marked by wars and catastrophes, pursuing utopian and unattainable revolutionary dreams, Russia is back on the right path—the path Stolypin charted when he declared, ‘You want great upheavals; we want a great Russia.’”

On November 11, the world will acknowledge the 100 th anniversary of the armistice that ended the carnage that was the First World War. That date, however, doesn’t resonate in Russia. A far more significant moment on the calendar that just passed—the anniversary of the Bolshevik seizure of power—was similarly marginalized last year when the centennial of the October Revolution was largely ignored by the Russian government and Russian society as a whole. Current Russia sees little to celebrate or reminisce about the events of a century ago. After all, by the time the guns fell silent on the Western front, a Russia gripped in the frenzy of the revolution had already been knocked out of the war, losing more than one-third of the territory of the former Russian Empire in the process. What was left of the country was plunged into a bloody, destructive civil war that would not end for three more years. What followed was a series of famines, purges and the immense human costs wrought by rapid industrialization and the Second World War.

This does not mean that the current Russian political and strategic establishment ignores the lessons of World War I and the Revolution—but it sees in those events a cautionary tale of what the Russian leadership at the beginning of this century must do to avoid repeating those disasters. The Kremlin today is well aware of the dangers of ignoring how and why Russia so catastrophically failed the last time. In 2018, as in 1918, the leadership remains concerns with the possibility of Russian state collapse brought about either by internal factors or through the machinations of external enemies.

Russia had entered World War I still recovering from the damage done by the Russo-Japanese war and the subsequent “Revolution of 1905” that the economic and military reforms which had begun in 1906 were designed to ameliorate. Nevertheless, Russia’s industrial base and infrastructure were insufficient to bear the weight of a sustained global conflict.

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Tax Havens and Other Dirty Tricks Let U.S. Corporations Steal $180 Billion From the Rest of the World Every Year

Tax Havens and Other Dirty Tricks Let U.S. Corporations Steal $180 Billion From the Rest of the World Every Year

26-10-18 09:57:00,

Are tax havens an enraging but tangential subject? Or do they have a powerful effect on how the U.S. economy functions and should therefore be a part of every political debate?

The startling findings of a new academic study indicate that it’s the latter. Titled “The Exorbitant Tax Privilege,” the paper is co-written by Thomas Wright and University of California, Berkeley economist Gabriel Zucman, one of the world’s top authorities on tax havens and author of the best layperson’s introduction to the subject, “The Hidden Wealth of Nations.”

Tax havens — the most significant include Ireland, Singapore, Switzerland, the Netherlands, Luxembourg, Hong Kong, and Bermuda — serve two purposes.

The first is tax evasion by individuals, which is illegal. Think of Russian or Nigerian plutocrats transferring their assets to small Caribbean nations with strict banking secrecy laws, freeing them from the dreary necessity of paying taxes in their home countries.

The second is tax avoidance by huge multinational corporations, which — as long as the lawyers are doing their jobs — is perfectly legal. Here imagine Apple using various forms of accounting chicanery to claim that tens of billions of its profits generated in countries with normal corporate tax rates were actually all made in Ireland, where Apple had negotiated a special 2 percent tax rate for itself. (Apple has on occasion gone even further, asserting that some of its profits were made, for the purposes of taxation, in no country at all.)

Zucman conservatively estimated in his book that tax avoidance and evasion translate into hundreds of billions of dollars in unpaid taxes every year — money that, for the most part, ends up in the pockets of the world’s wealthiest people.

The Zucman and Wright paper addresses the multinational corporation part of the equation. Among their conclusions:

• As of 1970, American multinationals claimed that under 10 percent of their profits were generated in tax havens; that number is now, preposterously enough, almost 50 percent. In other words, U.S. companies want us to believe that nearly half their economic activity is occurring in places like the Cayman Islands. Goldman Sachs, for instance, has 511 subsidiaries there,

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Macedonia By Any Other Name – A New NATO Pigeon | New Eastern Outlook

Macedonia By Any Other Name – A New NATO Pigeon | New Eastern Outlook

23-01-18 10:01:00,

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NATO wants Macedonia in the fold of European nations arrayed against Washington’s perceived foes. But an old dispute in between that Balkans nation and neighboring Greece threatens the plan to further extend the alliance toward Russia’s borders. Macedonia being called Macedonia is not all there is to it.

With all the so-called “fake news” muddying the information waters, it’s hard for the average citizen to make heads or tails of geo-policy these days. One sure fire way to get a grip though, is to use a bit of reverse-truth psychology. By keying and comparing vested media interest like technocrat/oligarch Jeff Bezos’ Washington Post and other channels, for instance, anybody can get at the truth beneath all the subterfuge. Here’s a good example of what I mean.

Media: Creating Perception

This WaPo story on the Macedonia question tells of NATO Secretary General Jens Stoltenberg in a media during a news conference with Macedonian Prime Minister Zoran Zaev following their meeting at the Government building in Skopje, Macedonia last week. The meetup, ostensibly one where the NATO boss “commanded” the Macedonian boss to solve the name game, it’s about the picture beneath the headline. In this version the AP text and context are used in the old-fashioned news reporting way, but the AP image on WaPo conveys a message for an American audience. In the photo for WaPo, Stoltenberg is pictured in a position of power, almost dictating to the Macedonia PM. In contrast, this RFE/RL U.S. propaganda channel report for the European audience uses virtually the same texts, but the image shows Stoltenberg cuddling up with Zoran Zaev in a typical man hug gesture. The difference being, Americans are being fed the NATO leads by strength message, while Eastern Europe gets the buddy-buddy imagery. There are more examples.

The Reuters audience in America is given Stoltenberg gesticulating like a Nazi dictator in the imagery with the heading “Macedonia told to resolve Greece dispute and implement reforms to join NATO” – and may I point out “told” being a command. Alternatively, at the New York Times’ Greece news outlet Ekathimerini Prime Minister Zaev is shown doing all the talking atop a story aimed at the Greek news outlet’s readership.

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