The
annual Davos billionaire’s ball — aka World Economic Forum — continues
until Friday. Countless millions of US households face unacceptable
choices between paying rent or servicing mortgages, seeking high-cost
medical care when needed, heating homes in winter, feeding family
members, and juggling other expenses — a disturbing reality far removed
from Trump’s luxury lifestyle. A massive disconnect exists between
soaring equity prices and dismal economic conditions for most Americans.
Read more...
This
year some 130 high-ranking guests, protected by international law, are
expected – whoever they may be – in addition, are also anticipated 5
Royals, 22 Presidents, and 23 Prime Ministers. They will be shielded by
Swiss police and military, a total of about 5000. President Trump will
get about 300 special Swiss security police, in addition to his own
security contingent, plus a private helicopter, brought in by military
cargo from the US. His two days in Switzerland will cost the US
tax-payer more than US$ 3.4 million, not including security personnel;
peanuts compared to the entire Chabang for some 3,000 “high-level” VIPs
and celebrities, or simply “wanna-be-seens”, who are eager to rub their
elbows sore with the ‘real important’ people. What a farce! Read more...
The
global elite descended on Switzerland for the World Economic Forum’s
annual meeting in Davos last week. Western Europe had the highest number
of participants by region. To get a badge for entry requires a
membership to the World Economic Forum, which costs somewhere between
$60,000 and $600,000, plus an additional fee of more than $27,000 per
person to get into the conference itself. There are 3,000 attendees
invited, about two-thirds attend the full conference. Read more...
At
Davos, Switzerland every year the global capitalist elite gather to
party…and to prepare for the year ahead. This year more than 1500
private jets will reportedly fly in. Thousands more of their underling
staff will travel via business class to handle their personal, and
corporate, logistics. Shielded from the media and the pubic, the big
capitalists share views in back rooms and listen to experts on finance,
government policy, technology, and the economy. The experts are
especially probed to identify and explain the next ‘black swan’ or ‘gray
rhino’ event about to erupt. Wealthy celebrities are invited to
entertain them as well after evening dinner and cocktails. But the real
networking goes on privately afterwards, in small groups or one on one,
among the big capitalists themselves or in private meetings with heads
of state, finance ministers, and central bank chairmen. Read more...
The
well-heeled crowd at Davos, paying $55,000 each to attend, is guarded
by a small army of 4,000 Swiss troops and 1,000 police, with a no-fly
zone imposed overhead. Protests have been banned in the village—on the
pretext that there has been too much snow—but thousands of people
demonstrated Tuesday in the Swiss financial capital of Zurich in
opposition to the WEF and, in particular, to the attendance this year by
US President Donald Trump. Marchers carried placards reading, “Trump –
You’re not Welcome,” “You Are a Shit-Hole Person” and “Smash WEF.” Read more...
Friends
of the Earth International, the world’s largest grassroots
environmental network, has warned that the Trans-Pacific Partnership
(TPP) trade deal could threaten people and planet if signed and ratified
by national parliaments in March this year. The remarks came as
Canadian Prime Minister Justin Trudeau, the Australian Trade Minister
and other leaders meeting at the World Economic Forum in Davos (23-26
January) celebrated the conclusion of the deal between 11 countries in
Asia-Pacific. Read more...
From January 17 th to 21 st, the Swiss enclave of Davos-Klosters is the venue of the 47 th World
Economic Forum. This gathering constitutes one of the exclusive clubs
where the principal corporations coordinate orientations and launch
strategic alignments. Together with the Bilderberg Club — a less visible
and more reduced space of similar characteristics — the Davos Forum
aims to become a kind of parallel private global government, placing
leadership, entrepreneurial spirit, technological innovation and
vertical forms of direction over and above democratic national order and
traditional forms of international interrelation such as the United
Nations. Read more... |
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