The Dark Herald explains how Disney CEO Bob Iger has placed the wicked corporation in a perilous legal position concerning the nature of the relationship between the Walt Disney Company and the Reedy Creek Improvement District.
This was clearly and obviously a legal fiction.
HOWEVER, it was a legal fiction that Disney absolutely and under all circumstances had to observe. The Chinese wall separating the Walt Disney Company from the Reedy Creek Improvement District had to be as big as the Great Wall of China.
And yesterday Bob Iger bulldozed through it.
During the question-and-answer portion of the Disney Annual Investor Meeting, an already flustered Bob Iger answered a question that at first seemed like it was from a friendly or at least neutral quarter.
An Ameriprise Financial Advisor asked, ‘What are you doing to protect stockholder value because of the Reedy Creek problems with the State of Florida?’
Iger went into a long and rambling answer that demolished fifty years of carefully cultivated legal fiction. He briefly and biased covered the history of the Florida Anti-Grooming law and Disney’s hysterical reaction to it. And then said, ‘The governor of Florida got angry and decided to retaliate’, (here is the kill quote) “including the naming of a new board to oversee the property and the business.”
Disney’s Chinese Wall was completely blown up.
Done.
It is ended. It is over.
Bob Iger acting in his capacity Chief Executive Officer at an official stockholder function effectively admitted that the Reedy Creek Improvement District was directly connected to the Walt Disney Company. There was no effort at conflation at all. “…oversee the property and business.” He has now stated that the two were inseperable. It was unbelievable.
The real question now is if Gov. DeSantis and the Florida legislature are simply posturing for conservative voters or if they are serious about dismantling one of the primary engines of evil in the country. Because Bob Iger has foolishly handed them the very tool they need to do it if they have the will.
Read the whole thing, which is a rather fascinating lesson in how corporations have managed to literally place themselves above the law in some states.
E.O Wilson had Richard Dawkins to explain his work to the masses. Apparently I have Skarn of the Razorforce to talk to the Bears, as he explains what the Tree of Woe and I have been pointing out about how the decline of the US military and NATO’s failure in Ukraine means the end of the USD-based Clown World economic system.
Can someone please explain to me like I am five as the real cause and effect of the recent TOW on VP? I can’t follow. It doesn’t make sense to a point where I can’t even ask a question.
Currencies have to be backed by something for them to be accepted. For the majority of history it has been precious metals. The US was on a gold standard but defaulted in 1933. WW2 gave the US the chance to become the global currency of choice due to holding the rest of the world’s gold. Thus Bretton woods agreement in 1944. However, the US continued to spend more than it earned, using credit to cover the difference. The rest of the world started asking for gold instead of dollars, coming to a head in 1971, when Nixon closed the gold window (ie no more exchanging foreigner held dollars for gold). To replace this, an agreement with the Saudis was reached to only allow the exchange of OPEC and Saudi oil in US Dollars, restoring the foreign demand for US dollars. The consequence was the US had to prevent oil from being traded in any other currency than USD.
However, between the constant USD printing and debt, making dollars less valuable to hold, the weaponization of the currency exchange and holdings system, and weakness of US is now allowing countries to bypass the USD, it’s all over but the tears, unless the US wins decisively in Ukraine and elsewhere, which doesn’t seem likely.
Thanks so much. it is the last part that I can’t follow, How is the weaponization of the currency allowing countries to bypass the USD?
The weaponization makes USD less valuable because foreign reserves held by countries can now be seized if the US doesn’t like your country’s policies. Such reserves are usually held in country of origin or close, aka Yen in Japan, to facilitate transactions. Or the SWIFT banking system. So stealing Russia’s USD and Euro reserves makes the carrot less attractive due to sovereign risk, at the same time the stick (US military interventions, sanctions, etc) is also weakening.
That’s a useful and reasonable summary that successfully gets the point across in a manner that most people should be able to understand despite the media’s best efforts to keep them in the dark. In support of these conclusions about the consequences of the US failure in Ukraine, it might be useful to read this recent observation by the Ayatollah Khamenei of Iran.
The US is no longer the power it once was, and has failed to rally the Arab world against Iran and curtail its nuclear program, Iranian Supreme Leader Ayatollah Ali Khamenei said in a speech to senior officials on Tuesday.
“Facts show that America was weaker under Obama’s administration than Bush’s administration. The US was weaker under Trump’s administration than the way it was under Obama’s administration. The US is weaker under [Joe Biden’s] administration than it was under Trump’s administration,” Khamenei proclaimed, according to Iran’s Tasnim news agency.
Khamenei noted that the US has failed to rally its Middle Eastern allies against Iran, declaring that “what has happened is the opposite.”
The Ayatollah went on to note the rise of several “anti-American” governments in Latin America, the declining importance of the dollar in global trade, the political chaos in Israel, and the diplomatic consequences of the EU “taking the brunt of the war” in Ukraine on Washington’s behalf as examples of the US’ waning influence.
By the way, the original Bear should be respected for doing the smart thing, and asking for a detailed explanation to help him understand the matter at hand rather than nodding, smiling, and pretending that he understood when he didn’t. Never forget that the difference between understanding a concept and having heard of its existence is greater than the difference between knowing about it and not knowing about it.
UPDATE: Nassim Nicholas Taleb isn’t too worried about the dollar’s status as the reserve currency… yet.
You will only start worrying about the dollar status as a reserve currency when you see long lines outside the Brazilian, Russian, Iranian, and Chinese consulates full of young professionals seeking immigration visas.
Of course, by then it will be too late. And there are already signs of smaller corporations establishing themselves in Russia and China, in particular, in preparation for the Great Bifurcation.
UPDATE: Start worrying.
About 300 German residents are ready to move to the Nizhny Novgorod region. By the end of 2023, this number of applicants can reach 1,000 people, said Olga Guseva, director of the department of external relations of the region. According to her, such activity is due to the fact that Germans see great potential in cooperation with the Nizhny Novgorod region in the automotive industry, construction, infrastructure development .Most of the people who want to relocate are specialists in the field of metalworking: welders, machine operators, technologists, as well as shipbuilding and the automotive industry.
The Tree of Woe takes a victory lap concerning his prediction about the end of the US dollar hegemony:
In his novel Goldfinger, Ian Fleming famously said “Once is happenstance. Twice is coincidence. Three times is enemy action.” We’re well past three events. This is not a “trend”. This is a globally coordinated action against the petrodollar and there’s no mistaking what it means.
It means the Petrodollar System that has served as the bedrock of world finance since the 1970s is over.
It means I’ve been proven right even faster than I expected.
What is altogether depressing, yet not at all surprising, is how the press coverage of these shocking events has (a) utterly misunderstood their causality and (b) grossly underestimated their gravity. I’m going to use article over at VisualCapitalist.com as my punching bag because it so perfectly captures everything that’s wrong with our mainstream elite… Being either ignorant of or unwilling to acknowledge the petro-military basis of our financial order, VisualCapitalist.com then proceeds to misdiagnose the reason for the dollar’s precipitous decline, writing:
Concerned about America’s dominance over the global financial system and the country’s ability to ‘weaponize’ it, other nations have been testing alternatives to reduce the dollar’s hegemony…
They have entirely confused cause and effect. Other nations have been testing alternatives to reduce the dollar’s hegemony since, well, since the dollar has been hegemonic. All prior “tests” have resulted in the destructing of whichever regime was performing the test. Ask Muammar Gaddafi how his gold dinar worked out.
As I documented in Running on Empty (now available as a book!), since 1971 America’s dominance over the global financial system has been based on America’s military dominance over the Middle East. Now that America’s military dominance has declined, athe country’s dominance over global finance has declined, too. Therefore, the honest way to report the news would be to say:
Unconcerned about America’s purported military dominance and tired of the country’s increasingly punitive attempts to ‘weaponize’ the dollar to make up for it, nations have been testing alternatives to reduce the dollar’s hegemony…
Because that is what is actually happening. Of course no one will say that.
And what will be the consequences of this global event? Our friends at VisualCapitalist.com assert:
Despite these movements, few expect to see the end of the dollar’s global sovereign status anytime soon.
And they’re right. Very few experts expect to see the end of the dollar’s global sovereign status anytime soon. That’s because the majority of experts are too stupid to realize it’s already ended.
He’s absolutely right. It’s already over, and every single day, we’re seeing more countries taking steps to free themselves of the economic chains imposed by the petrodollar. The key, as the Tree of Woe repeatedly points out, is that the decline of the US military combined with the rise of the Chinese and Russian militaries, means that the nations of the world are free agents for the first time in seven decades.
As I pointed out in a recent Darkstream, the reason all the Clown World intellectuals declared the absolute necessity of winning the war in Ukraine, much to the confusion of the people of the USA and Europe who don’t understand why Ukraine matters when Afghanistan didn’t, is because Ukraine clearly shows the limits of US military power. And the whole system rested on the idea that any nation that attempted to evade the dollar tax would be punished with military invasion and regime change.
But the global superpower is no more. Everyone can see that the Empire has no army. Which means the nations are now free to buy and sell as they choose, in whatever medium of exchange they choose, rather than having to pay a tax to the US bankers on every single transaction. And the rapidity with which each of the steps taken by countries from Argentina to India, and from Brazil to Malaysia, indicates the eagerness with which the peoples of the world seek to free themselves from their dollar chains.
According to the latest report issued by the consultancy, the Eurozone’s largest economy saw mortgage lending fall by a record 54% year over year. The report noted, “The decline in March will be even worse due to a base effect, given the record new business of €32.3 billion in 2022.”
The consultancy, based out of Dusseldorf, pointed out that the total new mortgage business figure of €12 billion ($13 billion) in February 2023 was the lowest reading since 2010, adding, “And this does not even take into account house price inflation.”
Germans have been under harsh economic pressures, as a worsening cost of living crisis has merged with rapidly rising interest rates to put the dream of home ownership out of reach for many Germans.
A recent poll of economists by the Reuters news agency found that experts are predicting a much steeper fall in home prices than previously expected as higher interest rates weigh heavily on demand.
It is projected that the average price of a home in Germany will fall 5.8% in 2023, and 2.5% in 2024.
A report by the German Property Federation noted in February that the shortage of housing in Germany was the worst seen in two decades. In addition, new residential construction is forecast to decline even further in the coming year.
The idea that immigrants are not only satisfactory substitutes for the native population, but are actually necessary for the growth of an economy is one of the most poisonous and destructive lies ever told. What we’re seeing in Germany is disproving generations of economic theory that was never based on anything but pure globalist propaganda.
Qualitative matters cannot always be solved by quantitative means.
Even 15 years ago, people would have had a hard time believing Richard Gallagher’s contention that demons, and demonic possession, are real and observable. These days, when literal demons are directly controlling many of the human elite of the West and wealthy men like George Soros and Peter Thiel are aggressively chasing every form of quasi-immortality, it’s not at all difficult to take him seriously.
“In my experience, the idea of demonic possession is so controversial and so often misunderstood that I want at the outset to establish some scholarly plausibility to the notion along with my bona fides,” the board-certified psychiatrist, who serves as professor of psychiatry at New York Medical and a psychoanalyst on the faculty of Columbia University, begins in the introduction of his book.
“Typical reactions to the topic reflect our nation’s polarization. Despite widespread belief in evil spirits in the United States and around the world, some people find the subject farfetched, even moronic. Yet others spot the devil everywhere. And so, here I detail my personal story and highlight the credibility of possessions while simultaneously offering some sober reflections on various exaggerations and abuses.”
The book is an elaboration of the psychiatrist’s 2016 op-ed on the subject published in The Washington Post, titled “As a psychiatrist, I diagnose mental illness. Also, I help spot demonic possession.”
Gallagher, who is Catholic, is the longest-standing American member of the International Association of Exorcists which meet every two years in Italy.
He begins his narrative with the story of a troubled devil-worshiper named Julia who he concluded was possessed after an exorcist in the Catholic Church brought her to him for evaluation before attempting an exorcism.
“Before I encountered Julia, I had already seen about eight or nine cases of what I regarded as full possessions. I define those as cases where the evil spirit completely takes control of someone, such that the victim has periods when he or she has no remembrance of such episodes,” Gallagher writes. “I have since seen scores more such possessions and a much higher number of cases of oppression, which are far more common than possessions. Because of my involvement with the International Association of Exorcists, I have heard reports of hundreds more of each type, but that hardly implies they are anything but rare conditions, as I still know them to be.”
It might be easier to accept the reality of “unclean spirits” and understand its relationship to Clown World if one views it from the transhumanist perspective. Demonism is merely the occult form of transhumanism, utilizing rituals that are spiritual in nature rather than technological to separate the spirit from the body and preserve its existence on the material plane. The means are different, but the objectives are precisely the same.
Today we welcome a new independent series from Monarch Comics entitled UNITED FORCES. It is pretty violent, though, so consider yourselves forewarned before you check it out. And today’s STONETOSS is, as ever, timely.
The outcome was inevitable, of course, as soon as Amazon acquired its much-smaller competitor twelve years ago:
The online shop Book Depository is due to close at the end of April, vendors and publishing partners have been told. This comes after the bookseller’s parent company Amazon announced it had decided to “eliminate” a number of positions across its Devices and Books businesses.
The Gloucester-based bookseller was founded in 2004 by Stuart Felton and Andrew Crawford, a former Amazon employee, with the mantra of “selling ‘less of more’ rather than ‘more of less’”. It aimed to sell 6m titles covering a wide variety of genres and topics, as opposed to focusing solely on bestsellers. While originally a rival to Amazon, it was acquired by the retail giant in 2011, causing some in the publishing industry to worry about the tightening of the American company’s “stranglehold” on the UK book trade.
According to the trade magazine the Bookseller, an email sent out to vendors and publishing partners explained that Book Depository will be closing, and that the last date customers will be able to place orders is 26 April.
Fortunately, you can buy one of our thirteen – count them, 13 – titles that are available directly from Castalia. And not only is the shipping free, but you’ll also receive a free ebook edition.
One variable that is unaccounted for in my mathematical proof of the impossibility of evolution by natural selection is the way in which close genetic relations are observed to reduce life expectancies rather than enhance them. And yet, it significantly strengthens my argument.
A 2013 study in the Lancet reported that when first cousins reproduce, the baby’s risk of congenital problems such as heart and lung defects, cleft palettes, and extra fingers doubles. The childhood death rate among children of first-cousin marriages was roughly 5 percent higher than the rate in nonrelated marriages.
A 2014 study published in PLOS One found that children of two cousins are likely to have lower IQs and higher rates of mental retardation.
A 1993 study by genetics expert Dr. Alan H. Bittles of the University of London found that childhood death rates were about 16 percent in offspring of marriages of unrelated people, compared with about 21 percent in marriages between cousins.
The significance of this factor is that if a theoretically-advantageous mutation takes place, then the mutated specimens must breed with other identically-mutated specimens in order for the mutation to eventually become fixed. In other words, the children and cousins of the original mutated specimen must interbreed, and have such an advantage over non-mutated specimens that the intrinsic disadvantages of inbreeding are overcome to such an extent as to fix the mutation across the entire population.
However, it is observed that closely-related specimens have a significant built-in DISADVANTAGE with regards to attributes and life expectancies, and therefore, presumably, fitness as well. It would be very useful to learn the average extent to which inbreeding conveys a disadvantage with regards to fertility, as that alone might be sufficient to statistically falsify neo-Darwinian theory.
Given the numerous observed disadvantages of genetic inbreeding, it is very highly improbable that whatever advantage is conveyed by any one mutation will overcome the inherent disadvantages conveyed with it. Which provides further evidence that the theory of evolution by natural selection is not only false, but is obviously absurd.
Peter King is outraged – outraged – by a reader’s assertion that anyone who works for the saintly organization known as TheWashington Post should not be blindly trusted at all times.
The Washington Post, one of the most trusted news sources in the world, doesn’t hire liars with a history of lying on their resumes, and it does not send liars to cover the Minnesota riots, and it does not send liars to cover the war in Ukraine, and it does not appoint a liar as national criminal justice reporter. It’s fashionable in 2023 America for people who don’t like the news that is being reported to do what you do here—denigrate excellent reporting by simply saying it is a lie, or to say that the reporter is a liar. What Klemko wrote about Memphis is the rock-solid, and disturbing, truth.
Yeah, so, about that… Literally the next day, The Washington Post’s “star fact-checker” was caught in a blatant lie in an attempt to claim George Soros had not funded a district attorney to whom he donated more than one million dollars.
Twitter users corrected the Washington Post’s star fact-checker, Glenn Kessler, when he attempted to write off the claim that liberal financier George Soros had funded the Manhattan district attorney who indicted former US President Donald Trump as ‘misleading’.
Kessler, who rated the ‘incendiary claim’ that Soros funded Manhattan DA Alvin Bragg ‘three Pinocchios’ in a Saturday fact-check, accused the Trump campaign and other Republicans who echoed the factoid of “being slippery” and conjuring “stereotypes of rich Jewish financiers secretly controlling events.”
However, his fact-check also admitted the claim was “technically correct,” a caveat he appeared to discount in his final decision to award it the triple-Pinocchio rating. Twitter users pounced, appending a community note adding context to Kessler’s own admission of truth.
Clowns protect clowns in Clown World. And they’re all lying. So stick to sports, big guy.
