“We have to understand how China’s fraud has grown and become galactic. We need to know how and why Americans assisted in the corruption. We need to stop China.
We may have to do several articles on this because it’s more complicated than we ever imagined and it’s impossible to land in the middle of the storm without reference. Let’s start small and quickly work our way up. Stay with me, please.”
This is an extremely important look at the financial fraud perpetuated on the US by the Chinese Commies. There will be further articles but please read this compelling post on Wolfmoon’s Q TreeHouse for details…here’s a further taste…
“Dan and the others were convinced they were onto something bigger. He began to investigate company after company. The “filings” in China were mostly accurate, but enormously inflated earnings were represented in the USA. Dan couldn’t find Chinese auditors who were honest, because, as Dan said, “We can’t find auditors in China that will help us, because let me tell you something, if we do…..find those people…….. the government of China will kill ’em. I mean, they will take their a** out and shoot them in the f***ing head.”
Is that who you want to buy Nike T-Shirts and Northface gear from? No, we’re definitely NOT in Kansas anymore.”
& some hints & gems from the post’s comments section:
(may need to attempt Wayback Machine/Internet Archive reconstituting of some links)…
(there is an interesting interval about ISO 9000 & 9001 in the comments section too; hint “Among other things, Dalgleish contends that ISO 9000 misdirects resources to an overabundance of paperwork that does almost nothing to make products better, while fostering complacency among top management and quality professionals alike. The recent conversion to the 2000 version of the standard has only made things worse, he says. While ISO 9000:2000 has almost no effect on how good companies operate, it requires huge amounts of time for document revision that could better be spent on real quality improvement, he believes…”)
from the immediately above link:
“…In this study, we decided to identify in detail the people on the boards of directors of the top ten asset management firms and the top ten most centralized corporations in the world. Because of overlaps, there is a total of thirteen firms, which collectively have 161 directors on their boards. We think that this group of 161 individuals represents the financial core of the world’s transnational capitalist class. They collectively manage $23.91 trillion in funds and operate in nearly every country in the world. They are the center of the financial capital that powers the global economic system. Western governments and international policy bodies work in the interests of this financial core to protect the free flow of capital investment anywhere in the world.”
More from the commenter Gail Combs:
“A few other bits of interesting of information:
In 1976 A typical American CEO earned 36 times as much as the average worker. By 2008 the average CEO pay increased to 369 times that of the average worker.
Clinton was President from 1993 to 2001. Statistics showed in 1990, before WTO was ratified by Clinton, Foreign ownership of U.S. assets amounted to 33% of U.S. GDP. By 2002, just after he left office this had increased to over 70% of U.S. GDP.
Originally, according to the 1913 Federal Reserve Act, banks were supposed hold anywhere between 12 and 18% of their deposits in “reserve”. That is where the words “fractional reserve” comes in. Gradually the Fed has lowered the amount of “reserve” required until now the banks are operating on no reserve just the 3% cash on hand.
97% of the US ‘money supply’ is therefore created out of nothing. This fairy dust money is now owed to bankers/financiers plus interest and we pay them back with our labor.
***please note that I have not reviewed all the links shared above; they are provided fyi (& if you check the comments section of the original wqth post you’ll gain clarity via context)–Blessings!!!