Showing posts with label banking. Show all posts
Showing posts with label banking. Show all posts

Wednesday, August 09, 2023

The Great Reset

[We w]ill at once walk out from a session, meeting, lecture, play,
or film as soon as [we hear] the speaker utter a lie, ideological
drivel, or shameless propaganda.
— Aleksandr Solzhenitsyn

There was once a guy in a small southern Utah town who made the news all over the place because he put up a sign in his front yard that declared his property a UN-free zone.  Lots of people made fun of him, wondering what impact the UN could possibly have on a guy with a few acres of land in the sticks in southern Utah.  Given that the UN operates some programs that provide medical aid and food to those in need or preserve cultural heritage sights, albeit in a bureaucratic and inefficient way, alongside some of truly inefficient things they do in the general assembly, at the time, I had no real opinion either way, but always felt the guy probably understood things better than I did.  A decade or so later, with the international community firmly entrenched in the big-government control movement and its many tentacles creeping farther and farther into our everyday lives, it seems the guy who wanted to keep the UN (and other global elites) out of his back yard was on to something.

The Great Reset: Joe Biden and the Rise of 21st-century Fascism
by Glenn Beck with Justin Haskins (ISBN:  978-1-63763-059-4) provides an overview of just what the Great Reset is.  Beck and Haskins view it as an attempt by elites on the global stage to take over and subsequently control people politically and economically.  They note that this is a plan that has been in the works for much longer than just since the coronavirus happened in 2020, although that served as a crisis that could be used to further many of the goals of those pushing for the Great Reset (Leftists around the world, not just Joe Biden as the title might lead one to believe).  Other things that have served as a way for Klaus Schwab, George Soros, and others to further their agenda include environmentalism and the rise of national debts and inflation, which many Leftists want to combat by employing something called “modern monetary theory,” which states that national debt doesn’t really matter, only inflation does, since governments have the ability print the money they need (taxation is used to control (read: punish) people or organizations, not necessarily to raise revenue).  Another economic tool of those pushing the Great Reset, which is a politically loaded term these days, although one that the book includes in direct quotations from the horses’ mouths, is environmental, social, governance (ESG), a system that the elite wants to use to evaluate business and individuals the way in essentially the same way credit scores are used, just without so much worry about credit and more worry about those more political factors.  The system was designed to counteract the Right’s call for business to self-regulate and not have the government involved.  With ESG involved, big investment firms can buy shares in a company and then demand that the company adhere to ESG standards, thereby causing, ostensibly, business to drive the ESG agenda and not government.  Beck and Haskins finish the book with some policy prescriptions, almost all of which are calls to action on a local level in most cases: support small businesses, be politically active on the local level, don’t live lies in our personal lives.

The book was an interesting read.  It was written a in 2022, but is especially relevant given the rise of ESG and organizations like the World Economic Forum (WEF), which push the Great Reset.  The history of the Great Reset, relevant quotations from those pushing it, not just spouting off about it (all extensively noted in endnotes), and solid explanations of just what these terms refer to and how they apply to the common man, make the book worth a read.  I am not a huge fan of the book’s subtitle, although I understand it given that many of the Great Reset players have ties to Biden.  Beck does note that the Great Reset is not necessarily a partisan issue as there are culprits normally associated with the American Right, too.  However, he focuses on those tied in some way to Joe Biden and the U.S. Democratic machine.  I think that section could’ve been a little better.  Some readers may not appreciate some of the humor in some of the sections.  I was kind of on the fence about some of it — it was all appropriate; I just usually appreciate a more serious tone, but I think regular Beck listeners will get it and appreciate it.  In the end, I thought the actions the authors suggested we take were all very solid.  They were all things that people can do.  I found the extensive quotations from Russian dissident Solzhenitsyn to be powerful, especially the one asking us to not live a lie.
 
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This work, including all text, photographs, and other original work, is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License and is copyrighted © MMXXI John Pruess.

Monday, September 25, 2017

The Oligarchs

This was a critical decision for the insurgent democrats — they decided
to go local and make Moscow, not the national government, an engine for real change.

When I arrived in Russia as a young missionary, my first month was full of the other, more experienced missionaries telling me of the infamous ruble crash of 1998.  I honestly couldn’t fathom what it meant.  By summer of 1999, things seemed somewhat stable to a 19-year-old missionary from Utah who had never traveled outside the United States before.  I remember that the first time I heard about the crash was as I looked out over a sea of high-rise apartment buildings — the Russians refer to them as “anthills” — from the balcony window of a missionary apartment, also in a high-rise building, in the Vesyoly Posyolok area of St. Petersburg.  It was sunny, warm, and a bit of a sleepy afternoon with a streetcar rumbling by down below.  I was regaled with stories of runs on ATMs, stores, and bakeries.  It all seemed so foreign and so far away.

Book cover.The Oligarchs: Wealth and Power in the New Russia (ISBN: 1-58648-001-4) by David E. Hoffman starts long before the ruble crash and financial crisis, telling the story of how Russia came to that point after the fall of Communism.  The story is told in a very personal way, relying heavily on the author’s many personal interviews with the major players in industry and politics, as well as his and other journalists’ first-hand experiences during the “wild ’90s” in Russia.  The book provides short biographies of the major players, household names in Russia and sometimes beyond well into the early 2000s: Aleksandr Smolensky, Yuri Luzhkov, Anatoly Chubais, Mikhail Khodorkovsky, Boris Berezovsky, and Vladimir Gusinsky.  The book chronicles these men’s rise to power.  They were entrepreneurs, opportunists, risk takers, visionaries, and criminals all rolled into one.  The book also provides a lot of information on Boris Yeltsin since the story of the oligarchs is inseparably woven into Yeltsin’s story.  From the dying throes of Communism to the dawn of Putinism, the book tracks the actions of the oligarchs and politicians they worked closely with and what the consequences were for Russia, Russians, and the West.  The oligarchs were an interesting group because of the they were at the forefront of a entrepreneurial movement that helped move the country forward, but they were wholly unprepared to play by rules foreign to them.  They cut a lot of back-room deals during Soviet times and continued using that same playbook the farther in the rear-view mirror the Soviet Union got.  To compensate for the changing financial and economic landscape, the oligarchs joined up with Yeltsin, going against he sentiment they had in the quotation above and helping him win a second term in the presidency because it kept the oligarchs in power.  A case is made for the necessity of that maneuver.  Finally, the book presents a few notes about how that move, keeping Yeltsin in power, ended up hurting the oligarchs because Yeltsin’s hand-picked successor, Vladimir Putin, has worked hard against them.

The book is rather old, written in 2001.  It is still relevant today, though.  It ends with a discussion of Putin and his rise to power and the early signs that his time in power was going to be different.  The book provides some warnings to the West (mega-rich bazillionaire George Soros is quoted in the book saying that some of his early investments in Russia were his worst investments ever) should Russia ever recover from Putinism and thaw like it did after the Cold War.  Hoffman spared no punches, and Western darling Khodorkovsky was shown to be a bit of a slimy rat.  (In fairness, all the other Russian oligarchs were portrayed that way, too, but Khodorkovsky seemed to be the leader of the pack.)  Khodorkovsky took it on the chin from Putin, but he was no angel and likely doesn’t deserve quite the level of adulation he gets from the Western press.  I enjoyed reading the stories from the ’90s and thinking back on the crazy Russia that I knew as a missionary and wishing it could’ve worked out a little better for Russia after the Cold War.  The oligarchs were likely a help and a hindrance.

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This work, including all text, photographs, and other original work, is licensed under a Creative Commons Attribution Non-Commercial No Derivatives 3.0 License and is copyrighted © MMXIV John Pruess.