25 Families Own $1.1 Trillion Between Them as the Global Wealth Inequality Gap Grows

Using data from their list Forbes has produced a list of the top 25 richest families in the world. Together they are worth over $1.1 trillion, or the entire GDP of Indonesia.

By  Rosa Tressell and Dr. Leon Tressell

Source: SouthFront

Once a family-owned business Forbes is well known for producing their annual list of the world’s richest billionaires. Launched in 1982 the original list ranked the top 400 Americans by net worth. Only 13 billionaires were included in that list, and their combined worth was the equivalent of 2.8% of GDP. In an era where “Greed is Good”, the list became wildly popular, by 2000 the combined net worth of the top 400 equated to 12.2% of US GDP. So prestigious became the list that an ex-employee of Forbes has claimed that Donald J Trump inflated his personal wealth to be included.

This year more than 2,200 billionaires made the Forbes list with a combined value of $9.1 trillion, or half the GDP of the US. Amazon CEO, Jeff Bezos, topped the list this year as his fortune rose to £112 billion making him the first centi-billionaire. His wealth is now equal to that of 2.3 million Americans. This has allowed him to dethrone Bill Gates, founder of Microsoft, worth just $90 billion.

Using data from their list Forbes has produced a list of the top 25 richest families in the world. Together they are worth over $1.1 trillion, or the entire GDP of Indonesia. The richest clan is the Walton family who own the ubiquitous Walmart chain in America. They have a total family wealth of £152 billion and several family members are on the list of billionaires as individuals. The Koch Brothers, of Koch Industries, are ranked second with £98.7 billion. The third spot, with $90 billion to their name, is taken by another American family, the Mars family, known for their various sweet treats.

In comparison to the billionaires list this list is a measure of families who have inherited and grown their wealth over generations. The billionaires list is dominated by Americans in certain fields; technology, finance, entertainment and sport. It lauds entrepreneurism and promotes the self-made man (and small handful of women). The family fortunes list on the other hand reveals a more historical route for making money. Whilst Jeff Bezos has shot to the top of the list based largely on the astonishingly over valued share price of Amazon stock, the family fortunes are centered on the production and purveyance of goods.

Many of the families on the list started making their fortunes in the late nineteenth century. These are: Cargill Industries (agricultural conglomerate); Boehringer Ingelhelm (pharmaceuticals); Cox Enterprises (communications); Hyatt Hotels (hotels); SC Johnson (household goods); Roche (pharmaceuticals); and the Hearst Corporation (media). Meanwhile the Van Damme/De Spoelberch/De Mevius family (ranked fourth with a fortune of $54.1 billion) have been brewing quality Belgian beer, like Stella Artois, dating back centuries.

The production and purveyance of quality high end goods as a means to fortune is evident as BMW (the Quandt family), Chanel (the Wertheimer family) and Hermes (the Dumas family) find these families all ranked in the top ten.

Reliance Industries is the fist non-Western entry. A Mumbai-based energy conglomerate, it was founded by Dhirubhai Ambani in 1957 and is now worth $43.4 billion. It was his ambition to be the world’s richest man. However, following his untimely death there was a very public and acrimonious dispute between his two sons revolving around the inheritance. The widow eventually brokered a settlement and the family fortune goes on, but it does show how easily a family fortune can be dissipated.

In addition to Walmart there are two other families that have made their fortunes in retail. The Albrecht Brothers who founded Aldi are ranked 11th with a $38.8 billion fortune followed at twelfth by the Mulliez family who founded Auchan, France’s equivalent of Walmart. At thirteenth spot, with a fortune of £34 billion, is the Kwok family. They started in business as a grocery wholesaler but they really made their money when they moved into Hong Kong real estate in the 1970s. Similarly the Lee family from South Korea began as grocery exporters but have made their fortune as the worlds largest producers of smart phones with their company Samsung.

There is some methodology to the list that requires explanation. Bloomberg’s categorisation of family wealth is based on reliable, sourced documentation. They add up family members assets, including stakes in public and private companies, real estate, art and cash, and takes into account debts. It excludes first-generation fortunes and those in the hands of a single heir. It also excludes those who have derived their fortune from the state. This explains why there are no Chinese families on the list and only three from the Asian region. As newly found wealth is handed down this looks set to change.

The Forbes list also excludes members of royal families and dictators who derive their fortunes entirely as a result of their position of power. Nor do they value those holding fortunes in trust for their nations. So, despite being worth untold billions, families like the royal family of Brunei or the British monarchs are absent. Quantifying this wealth is difficult. For example, Buckingham Palace alone would be valued in excess of $5 billion, however there would certainly be conflict with Parliament if the Queen wanted to sell it!

Many billionaires positively don’t want to be on the list. They don’t want the publicity for their families with the increased risk of kidnapping, being hit up for money, questions from the tax man or even from law enforcement. Kenichi Shinoda, current Kingpin of the Yakuza, is rumoured to be worth billions but is known to keep a low financial profile. There is also plenty of Western media speculation that the President of Russia, Vladimir Putin, is actually the world’s richest man. The Bush family have amassed a vast fortune, and there are allegations that much of it has been amassed behind the political scenes in various CIA backed gun and drug running operations.

Calculations of wealth, for individuals or families, can be obfuscated by the numerous off shore arrangements that exist today. Historically, many of the world’s largest landowners are not officially registered as a result of having held title to the land for centuries. In addition trusts, foundations and “charities” allows for the ownership and management of assets in a more private manner. Wealthy families pay professionals a healthy wage to minimise their exposure to the taxman – especially avoidance of inheritance tax.

Absent from the list are the giant banking families, the Rockefellers, the Morgans and the Rothschilds; famed for being on every conspiracy theory list as powers behind the scene. The report says that their fortunes are too diffuse and diversified to correctly value. Other families suspected of wielding their riches for their own political and social agendas include the DuPonts, the Astors, the Bundys and the Freemans, to name a few. Families that like to keep their immense fortunes and their activities confidential.

To have such wealth is naturally to have much power. Certain families, like the Bushes and the Kennedys used their cash to enter politics. The Koch Brothers have already pledged $400 million to the Republicans for the 2018 mid-term elections and their support was seen as instrumental in securing Donald J Trump’s election victory. The Walmart Family Foundation is one of America’s largest political donors, and is described as a “heavy hitter” from the Centre of Responsive Politics. Economic advantage is translated into legislative favours via lobbying and campaign donations. For example, one Arkansas Congresswoman who supported the repeal of an estate tax received $83,650 from the Walton Family Foundation and  now works for them as a lobbyist. This exemplifies the corrupt relationship between economic and democratic inequality and is indicative of a system where the majority feel their voice is irrelevant.

Capitalism is built on an idea that a rising tide lifts all ships. We are supposed to look up to these rich families as examples of our betters. Underlying the lists that Forbes assembles is a worshiping of the rich. Underpinning the American dream is that its possible for anyone or any family to make it (onto the list). However, even Scrooge McDuck must be envious of the enormous fortunes of these families. As the wealth inequality gap grows within countries, especially the Western nations, there is the risk that the social fabric is coming apart at the seams. When 40% of Americans have less then $500 in savings the material basis for living the Dream is seriously compromised. Indeed, this could all turn just as easily into anger as people see that the six individual Walmart heirs alone have more wealth than the bottom 30% of the US population, and they ask themselves is this fair?

This report confirms accelerating trends towards further wealth disparity. Reports by Oxfam have shown a gaping chasm of global inequality. In 2017 3.7 billion people saw no increase in their wealth, whilst 82% of the wealth created went to the top 1%.

According to the World Inequality Report 2018:

If established trends in wealth inequality were to continue, the top 0.1% alone will own more wealth than the global middle class by 2050.

Donald Trump’s ambition to be included on the list displays his naked ambition for money, power and success. In his school of market economics, of dog eat dog, this trend is only the logic of the market. It is seen as aspirational by those at the top and by magazines like Forbes. However, even the 1% at Davos earlier this year had wealth inequality on the agenda. As the social fabric tears, political and social instability will increase. The Brexit vote, driven by the anger of the dispossessed English working class, for example, has turned the UK’s traditional stability on its head.  Anger is brewing below the surface everywhere and the probability of social and political uprisings throughout the globe are increasing.

 

Hillary and the Clinton Foundation: Exemplars of America’s Political Rot

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By Eric Draitser

Source: CounterPunch

Hillary Clinton may be enjoying a comfortable lead in national polls, but she is far from enjoying a comfortable night’s sleep given the ever-widening maelstrom of scandals engulfing her presidential bid.  And while Clinton delights in bloviating about a decades-long “vast, right wing conspiracy” against her, the fact is that it’s the Clinton political machine’s long and storied track record of criminality, duplicity, and corruption that haunts her like Lincoln’s ghost silently skulking through White House bedrooms.

The latest in a string of embarrassing scandals is centered on the powerful Clinton Foundation, and the obvious impropriety of its acceptance of large donations from foreign governments (and wealthy individuals connected to them), especially those governments universally recognized as oppressive dictatorships whose foreign policy orientation places them squarely in the US orbit.

Of particular note are the Gulf monarchies such as Saudi Arabia and Qatar whose massive donations belie the fact that their oppression of women runs contradictory to Clinton’s self-styled ‘feminism’ and belief “that the rights of women and girls is the unfinished business of the 21st Century.”  Is collaborating with feudal monarchies whose subjugation of women is the stuff of infamy really Clinton’s idea of feminism?  Or, is it rather that Clinton merely uses issues such as women’s rights as a dog whistle for loyal liberals while groveling before the high councilors of the imperial priesthood?

What the Clinton Foundation hullabaloo really demonstrates is that Clinton’s will to power is single-minded, entirely simpatico with the corruption of the military-industrial-financial-surveillance complex; that she is a handmaiden for, and member of, the ruling establishment; that Clinton represents the marriage of all the worst aspects of the political class.  In short, Clinton is more than just corrupt, she is corruption personified.

Clinton’s Dirty Dealing and Even Dirtier Laundry

In a hilariously pig-headed, but rather telling, statement, former President Bill Clinton responded to allegations of impropriety with the Clinton Foundation by saying, “We’re trying to do good things…If there’s something wrong with creating jobs and saving lives, I don’t know what it is. The people who gave the money knew exactly what they were doing. I have nothing to say about it except that I’m really proud.”

Leaving aside the fact that such an arrogant comment demonstrates Bill Clinton’s complete contempt for ethics and the basic standards of proper conduct, the salient point is that the argument from the Clintons is that the foundation is inherently good, that it helps people around the world, and that, as such, it can’t possibly be corrupt and unethical.  Where there’s smoke, there’s fire – except when it comes to the Clintons who stand proudly enveloped in billowing clouds of smoke swearing up and down that not only is there no fire, but anyone who mentions the existence of flames is both a sexist and Trump-loving Putin stooge.

But indeed there is a fire, and it is raging on the American political scene.  And nowhere is the heat more palpable than in the deserts of the Middle East where wealthy benefactors write massive checks for access to America’s 21st Century Queen of Mean (apologies to Leona Helmsley).

Consider the 2011 sale of $29 billion worth of advanced fighter jets to Saudi Arabia, a gargantuan deal that made the feudal monarchy into an overnight air power.  Were there any doubts as to the uses of the hardware, look no further than the humanitarian nightmare that is Yemen, a country under relentless air war carried out by the Saudis.  And, lo and behold, the Saudis had been major contributors to the Clinton Foundation in the years leading up to the sale. And it should be equally unsurprising that just weeks before the deal was finalized, Boeing, the manufacturer of the F-15 jets that were the centerpiece of the massive arms deal, donated $900,000 to the Foundation.

Of course, according to Bubba and Hil, it’s all conspiracy theory to suggest that the Clinton Foundation is essentially a pay-for-play scheme in which large sums of money translate into access to the uppermost echelons of state power in the US.  As the International Business Times noted:

The Saudi deal was one of dozens of arms sales approved by Hillary Clinton’s State Department that placed weapons in the hands of governments that had also donated money to the Clinton family philanthropic empire…Under Clinton’s leadership, the State Department approved $165 billion worth of commercial arms sales to 20 nations whose governments have given money to the Clinton Foundation…That figure — derived from the three full fiscal years of Clinton’s term as Secretary of State (from October 2010 to September 2012) — represented nearly double the value of American arms sales made to the those countries and approved by the State Department during the same period of President George W. Bush’s second term.

The Clinton-led State Department also authorized $151 billion of separate Pentagon-brokered deals for 16 of the countries that donated to the Clinton Foundation, resulting in a 143 percent increase in completed sales to those nations over the same time frame during the Bush administration. These extra sales were part of a broad increase in American military exports that accompanied Obama’s arrival in the White House. The 143 percent increase in U.S. arms sales to Clinton Foundation donors compares to an 80 percent increase in such sales to all countries over the same time period.

Additionally, as Glenn Greenwald explained earlier this year,

The Saudi regime by itself has donated between $10 million and $25 million to the Clinton Foundation, with donations coming as late as 2014, as she prepared her presidential run. A group called “Friends of Saudi Arabia,” co-founded “by a Saudi Prince,” gave an additional amount between $1 million and $5 million. The Clinton Foundation says that between $1 million and $5 million was also donated by “the State of Qatar,” the United Arab Emirates, and the government of Brunei. “The State of Kuwait” has donated between $5 million and $10 million.

The sheer dollar amounts are staggering.  Perhaps then it comes as no surprise just why nearly every single influential figure in the military-industrial-financial-surveillance complex – from General John Allen to death squad coordinator extraordinaire John Negroponte, from neocon tapeworms such as Max Boot, Robert Kagan, and Eliot Cohen to billionaire barbarocrats like the Koch Brothers, George Soros, and Warren Buffett – is backing Hillary Clinton.  Not only is she good for Empire, she’s good for business.  And ultimately, that’s what this is all about, isn’t it?

But of course, Hillary’s devotion to the oil oligarchs of Saudi Arabia and the Gulf goes much deeper than simply an exchange of money for weapons.  In fact, Hillary is deeply committed to the Saudi royal family’s foreign policy outlook and tactics, in particular the weaponization of terrorism as a means of achieving strategic objectives.

Libya provides perhaps the paragon of Clintonian-Saudi strategy: regime change by terrorism.  Using terror groups linked to Al Qaeda and backed by Saudi Arabia, Clinton’s State Department and the Obama Administration managed to topple the government of Muammar Gaddafi, thereby throwing the former “jewel of Africa” into turmoil and political, economic, and social devastation.   To be fair, it was not the Saudis alone involved in fomenting war in Libya, as Hillary’s brothers-from-other-mothers in Qatar and the United Arab Emirates were also directly involved in sowing the seeds of the current chaos in the country.

And of course, this strategic partnership between Clinton and the Gangsters of the Gulf extends far beyond Libya.  In Syria, Clinton’s stated policies of regime change and war are aligned with those of Riyadh, Doha, and Abu Dhabi.  And, of course, it was during Clinton’s tenure at the State Department that US intelligence was involved in funneling weapons and fighters into Syria in hopes of doing to Syria what had already been done to Libya.

Huma Abedin: Clinton’s Woman in Riyadh

Just in case all the political and financial ties between Clinton and the Gulf monarchies wasn’t enough to make people stop being #WithHer, perhaps the role of her closest adviser might do the trick.  Huma Abedin, Clinton’s campaign chief of staff, has long-standing ties to Saudi Arabia, the country where Huma spent her childhood from the age of two.  As a Vanity Fair exposé revealed earlier this year:

When Abedin was two years old, the family moved to Jidda, Saudi Arabia, where, with the backing of Abdullah Omar Nasseef, then the president of King Abdulaziz University, her father founded the Institute of Muslim Minority Affairs, a think tank, and became the first editor of its Journal of Muslim Minority Affairs…After [Abedin’s father] Syed died, in 1993, his wife succeeded him as director of the institute and editor of the Journal, positions she still holds… Abdullah Omar Nasseef, the man who set up the Abedins in Jidda…is a high-ranking insider in the Saudi government and sits on the king’s Shura Council, there are claims that Nasseef once had ties to Osama bin Laden and al-Qaeda—a charge that he has denied through a spokesman—and that he remains a “major” figure in the Muslim Brotherhood. In his early years as the patron of the Abedins’ journal, Nasseef was the secretary-general of the Muslim World League, which Andrew McCarthy, the former assistant U.S. attorney who prosecuted the “Blind Sheik,” Omar Abdel Rahman, in the wake of the 1993 World Trade Center bombing, claims “has long been the Muslim Brotherhood’s principal vehicle for the international propagation of Islamic supremacist ideology.”

Consider the implications of this information: Clinton’s closest adviser comes from a family connected at the highest levels with the Saudi royal family as well as the Muslim Brotherhood.  While right wing pundits portray the Muslim Brotherhood as some sort of straightforward international terror organization, the reality is much more complex as the Brotherhood is more an international political movement whose tentacles stretch into nearly every corner of the Muslim world. Its vast reserves of cash and political influence, backed by Gulf monarchies such as Qatar, allows the Brotherhood to peddle influence throughout the West, while also being connected to more radical salafist elements.  An obvious two-for-one for Clinton.

In effect then, Abedin represents a bridge connecting Hillary with both the ruling elites in Riyadh, as well as influential clerics, businesspeople, and political leaders throughout the Middle East. Perhaps then it makes sense why Abedin, in contravention of every standard of ethics, was employed by Teneo Holdings – a pro-Clinton consultancy founded by former Clinton aide Doug Band – while also working for the State Department.  Such ethical violations are as instinctive for Hillary as breathing, or calling children superpredators.

Trump, Assange, Putin, and Clinton’s Sleight of Hand

Despite being embroiled in multiple scandals, any one of which being enough to sink the campaign of most other candidates, Clinton and her army of fawning corporate media sycophants, have attempted to deflect attention away from her own misdeeds, corruption, and nefarious ties by instead portraying everyone who opposes them as puppets, stooges, and useful idiots.

Let’s begin with Republican nominee and gasbag deluxe, Donald Trump, who Clinton trolls have attempted to portray as a stooge of Russian President Putin.   While it’s indeed quite likely that the Kremlin sees Trump as far less of a threat to Russia’s interests than Clinton – just look at Clinton’s roster of neocon psychopath supporters to see that Putin has a point – the notion that Trump is somehow a creation of Putin, or at the very least is working for him is utterly absurd.

And the “evidence”? Trump’s connections with wealthy Russian oligarchs.  I suppose those who have made their homes under rocks these last 25 years might not know this, but nearly every billionaire investor has gone to Russia in that time, forged ties with influential Russians, and attempted to make money by stripping clean the bones of what was once the Soviet Union.  Sorry Naomi Klein, I guess the Clintonistas expect no one to have read Shock Doctrine which details the sort of disaster capitalism run amok that took place in Russia in the 1990s.

And then, of course, there’s that great confabulator Julian Assange who has also been smeared as a Putin puppet by the #ImWithHer media somnambulists.  I guess the lords of corporate capital didn’t like the fact that Assange and WikiLeaks have managed to expose countless dirty deeds by Clinton’s Tammany Hall of the 21stCentury.  From using the DNC as a political appendage of the Clinton campaign (as revealed by the WikiLeaks dump of DNC emails) to his recent promise to make public the “most interesting and serious” dirt on Hillary, Assange has become a thorn in the side – or thumb in the eye, as it were – for Hillary.

And what would a rundown of the specters haunting Clinton’s dreams be without mention of the rabid bear of Russia, big bad Vlad?  Clinton recently referred to Putin as the “grand godfather of this global brand of extreme nationalism.”  Leaving aside the asinine phraseology, Clinton’s attacks on Putin reveal the weakness of the Democratic nominee, the hollowness of her arguments, and the unmitigated gall of a hypocrite for whom casting stones in glass houses is second nature.

For, at the very moment that she takes rhetorical swipes at Putin, Clinton herself is implicated in a worldwide network of extremism that promotes terrorism, rains death and destruction on millions of innocent civilians, and moves the world closer to global conflict.  If Putin represents the éminence grise of a “global brand of extreme nationalism,” then Clinton is the fairy godmother of global extremism and terror.  It’s a good thing she has access to the best personal grooming products Goldman Sachs money can buy as it is not easy to wash decades-worth of blood off your hands.

And so, the quadrennial danse macabre that is the US presidential election has turned into an embarrassing sideshow of dull-witted infantilism.  But amid the idiocy there is wanton criminality and corruption to be exposed before the world.  For while Trump is undoubtedly the bearded lady of America’s freak show, Hillary is the carnival barker.

She knows the ring toss and other games are rigged, but she coaxes the feeble-minded to play nonetheless.  She knows the carnies are drunk and reckless, but she urges the children to pay for another ride anyway.  She understands that her job is to sell a rigged game, and to call security when someone challenges her lies. And, unfortunately, whether you want it or not, the Hillary Roadshow is coming to a town, or country, near you.

Eric Draitser is the founder of StopImperialism.org and host of CounterPunch Radio. He is an independent geopolitical analyst based in New York City. You can reach him at ericdraitser@gmail.com.

Here’s Why Hillary Won’t Allow Her Corporate Speeches to be Published

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By Eric Zuesse

Source: RINF

In a previous report, I indicated “Why Hillary Clinton’s Paid Speeches Are Relevant”, but not what they contained. The present report indicates what they contained. 

One speech in particular will be cited and quoted from as an example here, to show the type of thing that all of her corporate speeches contained, which she doesn’t want the general public to know about. 

This is the day’s keynote speech, which she gave on Wednesday, 25 June 2014, to the Biotechnology Industry Organization, a lobbying organization in DC, at their annual convention, which in 2014 was held in San Diego. The announcement for attendees said: “Wednesday’s Keynote session is sponsored by Genentech, and is open to Convention registrants with Convention Access and Convention Access & Partnering badges only. Seating is limited.” Somehow, a reporter from a local newspaper, the Times of San Diego, managed to get in. Also, somehow, an attendee happened to phone-video the 50-minute interview that the BIO’s CEO did of Clinton, which took place during the hour-and-a-half period, 12-1:30, which was allotted to Clinton.

The Times of San Diego headlined that day, “Hillary Clinton Cheers Biotechers, Backing GMOs and Federal Help”, and gave an excellent summary of her statements, including of the interview. Here are highlights:

It was red meat for the biotech base. Hillary Rodham Clinton, in a 65-minute appearance at the BIO International Convention on Wednesday, voiced support for genetically modified organisms and possible federal subsidies. … 

“Maybe there’s a way of getting a representative group of actors at the table” to discuss how the federal government could help biotechs with “insurance against risk,” she said.

Without such subsidies, she said, “this is going to be an increasing challenge.” …

She said the debate about GMOs might be turned toward the biotech side if the benefits were better explained, noting that the “Frankensteinish” depictions could be fought with more positive spin.

“I stand in favor of using seeds and products that have a proven track record,” she said [at 29:00 in the video next posted here], citing drought-resistant seeds she backed as secretary of state. “There’s a big gap between the facts and what the perceptions are.” [that too at 29:00] …

Minutes earlier, Gov. Jerry Brown made a rousing 3-minute pitch for companies to see California as biotech-friendly.

“You’ve come to the right place.” …

Brown had some competition for biotech boosterism in the form of Virginia Gov. Terry McAuliffe, the longtime Clinton ally who pitched his own state as best for biotech. …

[Clinton was] Given a standing ovation at the start and end of her appearance.

In other words: As President, she would aim to sign into law a program to provide subsidies from U.S. taxpayers to Monsanto and other biotech firms, to assist their PR and lobbying organizations to eliminate what she says is “a big gap between the facts and what the perceptions are” concerning genetically modified seeds and other GMOs. In other words: she ignores the evidence that started to be published in scientific journals in 2012 showing that Monsanto and other GMO firms were selectively publishing studies that alleged to show their products to be safe, while selectively blocking publication of studies that — on the basis of better methodology — showed them to be unsafe. She wants U.S. taxpayers to assist GMO firms in their propaganda that’s based on their own flawed published studies, financed by the GMO industry, and that ignores the studies that they refuse to have published. She wants America’s consumers to help to finance their own being poisoning by lying companies, who rake in profits from poisoning them.

Her argument on this, at 27:00 to 30:00 in the video of the 50-minute interview of Clinton, starts by her citing the actual disinformation (that’s propagandized by the fossil-fuels industries, which actually back her Presidential campaign) that causes the American public to reject the view that humans have caused global warming. At 27:38 in the video, she said “98% of scientists in the world agree that man has caused the problem” of global warming, and she alleged that the reason why there is substantial public resistance to GMOs is the same as the reason why there’s substantial public resistance to the reality that global warming exists and must be actively addressed: Americans don’t know the science of the matter. She received several applauses from this pro-GMO audience, for making that false analogy. The reality, that it’s false, is that on 15 May 2013, the definitive meta-study, which examined the 11,944 published studies that had been done relating to the question of global warming and its causes, reported that “97.1% endorsed the consensus position that humans are causing global warming.” The meta-study was titled “Quantifying the consensus on anthropogenic global warming in the scientific literature”. So, Clinton’s statement “98%” was only 0.9% off regarding the size of the scientific consensus. However, her implication that the public’s rejection of that actual 97.1% of experts’ findings on global warming, is at all analogous to the public’s rejection of the actually bogus finding by GMO industry ‘experts’ that GMOs are safe, is pure deception by her. The reality is the exact contrary: The fossil-fuels industries have financed the propaganda ‘discrediting’ the scientists’ consensus about global warming, much like the GMO industries have financed the deception of the public to think that ‘scientists’ ‘find’ that GMOs are safe. In fact, as was reported in Scientific American, on 23 December 2013, “’Dark Money’ Funds Climate Change Denial Effort”, and the study they were summarizing, from the journal Climate Change, was titled “Institutionalizing delay: foundation funding and the creation of U.S. climate change counter-movement organizations”. It found that:

“From 2003 to 2007, the Koch Affiliated Foundations and the ExxonMobil Foundation were heavily involved in funding CCCM [climate change counter-movement] organizations. But since 2008, they are no longer making publicly traceable contributions to CCCM organizations. Instead, funding has shifted to pass through [two] untraceable sources [both of which had been set up by the Kochs: Donors Trust, and Donors Capital Fund].

On 23 April 2016, Politico headlined “Charles Koch: ‘It’s possible’ Clinton is preferable to a Republican for president”, but this isn’t the only indication that Hillary is merely pretending to be their enemy. On 24 February 2016, I headlined “Hillary Clinton’s Global-Burning Record” and summarized and linked to news reports such as the opening there: “On 17 July 2015, Paul Blumenthal and Kate Sheppard at Huffington Post bannered, ‘Hillary Clinton’s Biggest Campaign Bundlers Are Fossil Fuel Lobbyists’ and the sub-head was ‘Clinton’s top campaign financiers are linked to Big Oil, natural gas and the Keystone pipeline.’”

In other words: the same pro-GMO lobbyists who applaud Hillary for verbally endorsing the science that affirms global warming, applaud her for endorsing their own fake ‘science’ which asserts that GMOs have been proven safe. They just love her lie, which analogizes them to the authentic scientists who (97.1%) say that global warming exists and is caused by humans’ emissions of global-warming gases.

Also, she expressed the wish that: “the federal government could help biotechs with ‘insurance against risk,’ she said. Without such subsidies, she said, this is going to be an increasing challenge,” because otherwise, biotech companies might get bankrupted by lawsuits from consumers who might have become poisoned by their products. She wants the consuming public to bear the risk from those products — not the manufacturers of them to bear any of the risks that could result from those manufacturers’ rigged ‘safety’ ‘studies’ (a.k.a.: their propaganda).

In other words: the reason why Hillary Clinton won’t allow her 91 corporate speeches, for which she was paid $21,667,000, to be published, is the lying political cravenness of her pandering to those corporations there. Each group of lobbyists is happy to applaud her lying, regardless of whether her lies include insults against another group of lobbyists, to whom she might be delivering similar lies to butter them up at a different annual convention or etc.

In other words: she’s telling all of them collectively: You’re my type of people, and the public who despise you are merely misguided, but as President I’ll set them straight and they’ll even end up paying part of the bill to be ‘educated’ about these matters, by my Administration, and even part of the bill to pay corporations’ product-liability suits.

The reason why Clinton doesn’t want those speeches to be made public is that she doesn’t want the voters to know that she intends to use their money to propagandize to them for the benefit of those corporations, and also to protect those corporations from liability for harms their products cause the public.

This is called (by the propagandists) ‘capitalism’ and ‘democracy’. Mussolini, with pride, called it sometimes “fascism,” and sometimes “corporationism.” But whatever it’s called, it’s what she supports, and what she represents, to the people who are paying her. And even most of her own voters would find it repulsive, if they knew about it. So: she can’t let them know about it. And she doesn’t.