Tag: corpocracy

The PGA Surrenders

The PGA Tour waved the white flag and merged with LIV Golf:

In the bitter civil war between the tradition-steeped PGA Tour and its filthy-rich, Saudi-backed rival LIV over the future of golf, the money has come out on top. Leaders of the two organizations delivered a bombshell announcement on Tuesday that they will merge through a deal that will drag global golf into a ‘new era’ – whether the players, fans and sponsors like it or not.

The news, which blindsided players and executives on both circuits, follows years of bitter disputes that have pitted the sport’s leading figures against each other over money, power and ethics in the gentleman’s game.

While LIV poached some of golf’s biggest stars – including Brooks Koepka, Dustin Johnson and Phil Mickelson – with deals totaling hundreds of millions of dollars, those loyal to the PGA, including Rory McIlroy and Tiger Woods, have had the rug pulled out from under them after snubbing eyewatering paydays on moral grounds.

Ultimately, the PGA was unable to keep up with the relentless investment of oil money in a circuit bankrolled by Saudi Arabia’s sovereign wealth fund, the investment arm of a nation with a dismal human rights record. Something had to give.

I strongly suspect that LIV Football (aka Soccer) is next. In the aftermath of the failure of the European Super League and the massive offers being made to iconic players like Cristiano Ronaldo and Lionel Messi, it appears obvious to me that the strategy will be to first buy the players, then use that leverage to force advantageous mergers with the existing powers.

Whenever money or power become central, the richest and the most ruthless are guaranteed control. Keep that in mind when you set your own priorities.

DISCUSS ON SG

Adjusted Metrics

If you don’t like a product for what are deemed to be the wrong reasons, your vote no longer counts:

A leading film rating site has adjusted its review metrics after it found “unusual voting activity” for a live-action remake of The Little Mermaid that has been criticised for casting a black actress as Ariel.

The film, which was released in May, had a 7/10 rating on the Internet Movie Database (IMDB) website, despite 15,000 of its 39,000 user-submitted reviews having given it one star.

In a notice posted on the film’s page, IMDB said: “Our rating mechanism has detected unusual voting activity on this title. To preserve the reliability of our rating system, an alternate weighting calculation has been applied.”

The lesson, as always, is this: convergence eliminates an organization’s ability to perform its primary function.

What is the point of a review site that does not permit reviews? The fact that it is permissible to dislike a movie for one reason, but impermissible for another reason renders the entire service of the review site irrelevant. After all, if one person doesn’t wish to see a movie with a black protagonist, this point is presumably of interest to anyone who happens to share their opinion.

Such as, for example, the entire population of China and most of the population of Asia.

The self-immolation of the Clown World corpocracy is serving to create one global business opportunity after another.

DISCUSS ON SG

Diversity is Why Nothing Works Anymore

A former Boeing engineer explains why Boeing can’t build quality aerospace projects anymore.

Once upon a time Boeing had an excellent reputation for quality and performance on contracts. Then the big aerospace layoffs hit – they absorbed MacDonald Douglas and adopted their crappy penny pinching management. That’s when the big layoffs hit as well – but there was one other thing that happened then. I was working at Boeing and one day we were called into a “all hands” meeting of the engineers by management. We were told to look around the room – virtually everyone there was white males. Then we were told that very soon only 15 percent of the engineering staff was going to be white males in the near future. This was around the mid 90s and shows DEI was already being adopted by some corporations. Because I had specialist knowledge, after I was laid off I was soon recalled and “What do you know?”(tm) I was the only white male in the team – which worked out to 15 percent. I retired a few years later but I can’t help but wonder if the reason Boeing now sucks is they went down the DEI rabbit hole.

Equalitarianism is antithetical to quality. And diversity means convergence, which indicates the eventual inability to perform the organization’s primary tasks.

The USA is no longer the USA of 1980 or 1950, much less 1920. Adjust your expectations accordingly. Because both Russia and China lack diversity relative to the USA, they now possess all the advantages of having a smarter and more capable work force that the USA did prior to 1965.

DISCUSS ON SG

The Problem of Shrinkage

As with gun violence, inventory shrinkage actually just a diversity problem:

Target (TGT) has become a target for major thefts, and it’s taking a huge chunk out of profits.

The retailer estimated in its earnings release Wednesday that inventory shrinkage — mostly the theft of merchandise — would clip profits by a whopping $500 million this year. Factoring in an about $700 million profit hit from inventory shrinkage in 2022, Target is on pace to see $1.2 billion in profits go up in smoke, due primarily to organized retail crime.

Target Chairman and CEO Brian Cornell says the problem is getting worse, is nationwide, and across various merchandise departments.

“The unfortunate fact is violent incidents are increasing at our stores and across the entire retail industry. And when products are stolen, simply put they are no longer available for guests who depend on them,” Cornell said on a call with reporters.

“Left unchecked, organized retail crime degrades the communities we call home. As we work to address this problem, the safety of our guests and our team members will always be our primary concern. Beyond safety concerns, worsening shrink rates are putting significant pressure on our financial results,” he said.

Once more, we see that the materialist perspective is totally incapable of explaining the corpocracy’s embrace of diversity and inclusivity.

Gordon Gecko lied. Not only is greed not good, it’s not even the causal factor it is assumed to be.

DISCUSS ON SG

Hide Mode Activated

It’s not only the neoclowns who are in retreat now. If this 2020 article from Commentary is to be believed, it appears that Jews are increasingly concerned with scrubbing their early lives from Wikipedia.

My new best Wikifriend’s user name was “Coffee,” and he’s a conscientious editor. He politely informed me that it was appropriate to introduce my faith into my entry because it was “covered in a reliable source,” a Wikipedia standard for inclusion. That turned out to be the Times Book Review’s “ham-eating Jew” reference. Other Jewish professionals may not have had their religion listed because there was no such source for the citation. I had been kept from editing the insertion because Wikipedia protocols blocked removing properly sourced material. “I know that’s not the answer you were looking for,” he conceded.

He was right. It’s possible, I wrote back, that the “editor” who introduced Jewish identity into my and many other entries was so proud of the Jewish contribution to journalism and literature that he wanted the world to know about all these accomplished Jews. But, given the recent spate of overt anti-Semitism here and in Europe, it was certainly plausible that the intruder was trying to stigmatize Jewish “notables,” in the Wikipedia term of art. It seemed to me possible that Wikipedia was naively invoking a valid standard—reliable citation—to enable its material to be doctored by a stealth anti-Semite.

Ten days later, Coffee replied: “I have taken the description off…your article and am now in the process of combing through the thousands of edits made by this user to remove other violations. We determined that even though a reliable source covered your upbringing it was not enough to support the claim in your article. This was based on it not being of due weight to your notability, and because there is not a consensus of sources covering you in such a way. I’m applying this standard to every article…that this person edited and will likely have to look at others than just [those that] this editor has added as well (as this seems to be a rather big issue”).

In two weeks, he’d found more than 250 intrusions he considered inappropriate in entries of not-previously-identified Jewish “notables” and 1,142 in Wikipedia’s lists of Jews in 32 fields. These lists include everyone from cartoonists (43, including Jules Feiffer, Rube Goldberg, and Al Hirschfeld) to poets (28, including Allen Ginsberg, Emma Lazarus, and Delmore Schwartz). And there were hundreds more articles to vet. Most of the “Jew-tagging” had been in articles about notables in media and writing, but Jews in finance and retail were involved, too. Reviewing “tens of thousands” of interventions by one “editor,” Coffee found that he or she had added religious descriptors almost exclusively for Jews.

Jew-Tagging @Wikipedia, Commentary, May 2020

How, one wonders, is the identity of Emma Lazarus and Allen Ginsberg deemed unworthy of note, given the way in which it served as the foundation of the work that made them notable? Not that the retroactive scrubbing will serve to hide anything at all. Because, as has been the case for most of written history, it’s not their identity that is the issue, but rather their evil, observable, and societally-devastating actions.

Even a ticket-taker like Elon Musk knows: “Soros hates humanity. He wants to erode the very fabric of civilization.”

DISCUSS ON SG

Elon Musk Lied to You

Karl Denninger proves, conclusively, that Elon Musk is not “adamant about defending free speech” no matter what he claims to be.

I posted the following about his new CEO in response to the NY Post (they asked “who is this chick?”):

@nypost A: A WEF lackey and jab-happy mastermind who in fact conned 2/3rds of this nation, on purpose, into taking said jabs under false pretense. She deserve the gallows but then again Musk has billions of reasons to not care about the PEOPLE in this country and, indeed, worldwide.

This drew me an INSTANT 12 hour suspension for “harassment.”

It is, according to Twitter, harassment and “abusive behavior” to factually state that she is indeed a WEF lackey (she JUST spoke there) and that she in fact while at NBC Universal, as her last major project, did indeed work to advertise and promote the jabs — which we now know were in fact based on the lie that you would not get Covid if you took them.

Let’s be clear folks: It is considered “abusive” by Twitter to state two truths about a public figure and call for them to be punished as a direct consequence of the harms that occurred to others due to their own personal and willful actions which they took for the purpose of profit, whether professional, monetary, political or otherwise.

Elon Musk is observably not on the side of the Good, the Beautiful, and the True. And yes, my @voxday account is still “permanently suspended” and that status was recently confirmed to be correct by Twitter customer support.

As Karl points out, the reports about Tucker Carlson making Twitter the foundation of his next platform tends to raise serious questions about which side Mr. Carlson truly serves.

DISCUSS ON SG

Corporate Cancer Code Red

There isn’t much doubt about what stage of convergence Levi’s has reached now that it has brought the old SNL skit about Woke Jeans to life.

Jennifer Sey was an executive at Levi’s when the brand debuted its gender-neutral campaign. But Sey told Fox News Digital the greatest profit for the company came from traditional gender-focused products. Sometimes men buy women’s clothes. Sometimes women buy men’s clothes.

“It wasn’t a reinvention of the product line,” Sey said. “I still think it’s woke washing. If we want to call it that. And yes, I did it and I would probably do things a little differently now.”

So it seems the gender-fluid line is simply a marketing tactic — pandering to a small portion of the population.

“Levi’s has always been a brand for everyone. Just leave it at that,” Sey said. “Why wade into controversial politics around gender ideology? Now? When the Bud Light backlash caused a more than 20 percent decline in sales in April for their flagship brand?”

Companies are blinded by ideology. And they are pressured by a small minority of employees, consumers and activists. These parties have, in Sey’s opinion, lost sight of the fact that the purpose of business is to deliver profits.

“This approach Levi’s is taking alienates a significant portion of the population who takes this to be the company furthering a controversial ideology that says biological sex isn’t real,” she added. “Not a good move, with the stock price already down more than 20 percent this year and 50 percent from two years ago. Just stick with Levi’s is for everyone.”

But corporations seem to be more interested in furthering their reputations as “do-gooders and altruists,” she said. As evidenced by Dylan Mulvaney’s more than $1 million in sponsorship deals.

Interesting to see how SJWAL, published in 2015, and Corporate Cancer, published in 2019, laid out precisely how this sort of thing would happen, and how a small group of individuals in key positions would make it happen.

DISCUSS ON SG

Pfizer Knew Pregnancy Risks

And yet the company aggressively pushed the vaxx on pregnant women even though it knew the vaxx would have adverse effects on the MAJORITY of pregnant women.

The April 2023 batch of Pfizer clinical trial documents released under court order by the Food and Drug Administration (FDA) contains a shocking, eight-page document titled, “Pregnancy and Lactation Cumulative Review.” The data in the Cumulative Review are “…from the time of drug product development to 28-FEB-2021,” and Robert T. Maroko of the FDA approved the Review on April 20, 2021. It reveals that Pfizer and the FDA knew in early 2021 that Pfizer’s mRNA COVID vaccine, BNT162b2, resulted in:

  • Adverse events in over 54% of pregnant women including:
  • Fetal deaths.
  • Fetal tachycardia requiring early delivery and hospitalization of the affected neonate for five days (outcome “unknown”).
  • Premature labor and delivery resulting in:
  • Neonatal deaths.
  • Neonatal severe respiratory distress.
  • Neonatal pneumothorax, which is a collection of air between the lung and the chest wall that develops when air leaks out of the lung.
  • Moreover, in the Cumulative Review, nineteen percent of babies exposed to Pfizer’s COVID mRNA vaccine via lactation (breast milk) were reported to be suffering from 48 different adverse events

These people are damnable servants of evil. Never trust either “the science” or the corpocracy. It is safer by far to assume that literally everything they say is inverted.

DISCUSS ON SG

Tucker Leaves Fox News

FOX News Media and Tucker Carlson have agreed to part ways. We thank him for his service to the network as a host and prior to that as a contributor. Mr. Carlson’s last program was Friday April 21st. Fox News Tonight will air live at 8 PM/ET starting this evening as an interim show helmed by rotating FOX News personalities until a new host is named.

It will be interesting to see if Tucker is bigger than Fox now or if it was Fox that was propping him up. Either way, he’s in a remarkable position going forward, and if he plays his cards right, he could set up an organization capable of competing successfully with CNN and MSNBC before the end of the year.

DISCUSS ON SG

Mike Lindell, Thou Art Avenged

Bed Bath & Beyond has somehow managed to go bankrupt despite the fact that there are more US residents than ever who still presumably need bedrooms and bathrooms:

The once-dominant home goods retailer Bed Bath & Beyond has filed for bankruptcy protection after months of losing shoppers and money.

The company, which also owns the BuyBuy Baby chain, has struggled to regain its financial footing after a series of turnaround attempts that proved to be mistimed or ineffective.

“Millions of customers have trusted us through the most important milestones in their lives – from going to college to getting married, settling into a new home to having a baby,” said Sue Gove, the company’s president and CEO. “Our teams have worked with incredible purpose to support and strengthen our beloved banners, Bed Bath & Beyond and buybuy BABY. We deeply appreciate our associates, customers, partners, and the communities we serve, and we remain steadfastly determined to serve them throughout this process.”

The company said that for now its 360 Bed Bath & Beyond and 120 BuyBuy Baby stores and websites would remain open, but that over time they would be closed.

Since first warning of a bankruptcy in January, the company has exhausted numerous last-ditch efforts to shore up financing, including store closures, job cuts and several lifelines from banks and investors.

Bed Bath & Beyond previously cited “lower customer traffic and reduced levels of inventory availability” as it flagged “substantial doubt about the company’s ability to continue as a going concern.” A preliminary report for the holiday-season quarter showed sales falling 40% to 50% from a year earlier. Sales had fallen similarly in the quarter before that, down 32%.

Bed Bath & Beyond was once a dominant “category killer” that absorbed or outlived many early rivals. As recently as 2018, the chain had over 1,500 stores.

Economic centralization is a community killer. We see the pattern again and again and again. A financialized corporation devours all of the local suppliers, takes over the entire industry, then somehow manages to go bankrupt despite the fact that it doesn’t have any serious competitors.

How is this even possible? The answer is straightforward: vampire finance.

As recently as 2022, Bed Bath & Beyond’s revenue was higher than it was in 2009. But by then, it was already seen as being in trouble and on its way out. The problem, of course, is financialization and the systematic draining of profit from the financialized corporation’s operations. A healthy company pours its resources back into the business and grows as a result, leaving everyone better off. A dying company is one that has had its resources methodically drained from it by the financial vampires, thereby leaving everyone worse off except the people who killed it.

DISCUSS ON SG