Assets & Resources Archives – Page 3 of 6 – Stephen Andrew Kickstart Queensland

BLACKROCK’S TRILLIONS HAVE BECOME A WORLDWIDE MENACE

BlackRock, the biggest asset manager in the world, has $10 trillion in assets at its fingertips.

There are only two countries in the world with larger GDP’s than BlackRock – America and China.

Unlike the US or China, however, BlackRock seems to have a ‘free hand’ when it comes to imposing its political agenda on countries worldwide.

And make no mistake, BlackRock has a HUGE political agenda.

At last year’s COP26 conference, it played a leading role in the new alliance of private banking and finance institutions that promised to overhaul “the global financial system” and “accelerate the global transition to a net zero economy”.

Larry Fink, BlackRock’s CEO, is a major player in the Alliance, along with David Schwimmer, CEO of the London Stock Exchange and Nili Gilbert, Chair of the Investment Committee of the David Rockefeller Fund.

As part of the GFANZ alliance, BlackRock has taken to engaging in political activism and meddling in national policies, in order to connect the “enormous private capital committed to net zero” with individual “country projects”.

It is hardly surprising therefore that BlackRock recently decided to parachute 1 billion dollars into Australia to facilitate the rollout of battery storage assets crucial for achieving Labor’s target of 80 percent renewable energy by 2030.

My question is, however, what did the Australian government have to promise BlackRock in return for its largesse?

My guess is that everything from subsidies and tax breaks to new legislation and policy commitments would have been ‘on the table’ during negotiations.

You only have to read the recently leaked US military documents to see how global banks like BlackRock are viewed as key “financial weapons” for advancing the interests of the “global governance system”.

What makes all this even more alarming, is that it seems nobody, anywhere, is scrutinising the influence that global entities like BlackRock now exert over national governments behind the scenes.

Australia’s intelligence agencies will bang on for hours about “foreign interference” threats from China and Russia, while completely ignoring the much bigger “foreign interference” risk posed by global financial institutions like BlackRock.

A full inquiry is needed into this $130 trillion banking “alliance” and its members who, like BlackRock, are creating new systems of “global governance” by forcing countries into establishing environments “friendly” to their ideological agenda.

An agenda, incidentally, operating completely outside the democratic process and hidden from public scrutiny by the rules of “commercial in confidence” secrecy.

OECD’S ‘GLOBAL TAX CARTEL’ – WORSE THAN IT SOUNDS

Last year, the Morrison government signed Australia up to an OECD-led agreement creating an international tax cartel.

Labor now has the job of selling the “landmark reforms” to the Australian people and has released a ‘Consultation Paper’ calling for public feedback by 2 September.

The sales pitch is “taxing multinationals” but be warned, the OECD plan comes with a raft of dangerous fine print. At a minimum, it involves rewriting nearly every aspect of Australia’s tax laws to fit the new rules.

OECD says its ‘Two Pillar Model Rules’ provide governments with a “PRECISE TEMPLATE” for legislating its “solution”.

Most of the focus is on the headline-grabbing new minimum tax rate of 15 percent that throttles competition between countries and makes it far easier for governments to increase the tax burden on ALL businesses and, eventually, individuals.

More insidiously, the scheme shifts enormous power over to the OECD Secretariat, turning it into a kind of global tax policeman.

There’s a word for this kind of thing.

It’s called ‘price-fixing’.

When businesses do it, politicians jump up and down and scream blue murder about ‘collusion’.

Well the OECD’s “two pillar solution” is no different. It bears all the hallmarks of a ‘global tax cartel’.

Worse, it provides a backdoor through which the powers of parliament will be further stripped away.

As Thomas Duesterberg wrote:

“It transfers significant national sovereignty over taxation, key to overall economic policy, to some yet-to-be-defined international regime under the guidance of the OECD… “

“Ceding corporate-taxation authority to an undefined international authority that will inevitably be controlled by an unelected technocratic elite would erode democratic principles even further.”

“It moves us closer to an EU model of governance.”

It would only be a matter of time before the 15 percent tax rate was increased (Janet Yellen is already talking about it) and, ultimately, extended to individuals.

Many well-meaning people love the new tax plan, believe it will stop tax evasion and fund much-needed social programs.

The fallacy being that governments would redistribute the monies to the masses.

Don’t count on it.

They’ll spend it how they always do, on pointless, self-serving “sustainability” projects, renewables’ subsidies and more ‘woke’ behaviour change programs.

If governments really cared about ending multinational tax evasion, there are multiple ways they could do so.

Ways that don’t involve ceding sovereignty or disempowering parliament.

OECD’s plan, or as Albanese likes to call it, “Labor’s MNE Tax Plan”, is a very, very bad idea for our freedom and democracy.

The government must withdraw from it immediately.

Say “no” to ALL cartels and ANY global agreement that interfere with Australia’s sovereign right to make its own tax laws.

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