To tee up the topic of dark money in U.S. politics, and the role that it plays in public policies and elections, a look at a key source for information and data on this topic will be useful. Perhaps one of the best sources for research on nonprofit organizations and their funding is the Capital Research Center (CRC). Per the CRC’s “about us” is this: “Capital Research Center (CRC) was established in 1984 to promote a better understanding of charity and philanthropy. We support the principles of individual liberty, a free market economy and limited constitutional government: These are the cornerstones of American society.” The Influence Watch nonprofit database is a project of the CRC. As longtime, regular, and detail minded readers of MHProNews know, CRC and Influence Watch have been cited as sources on this platform and on our MHLivingNews sister site for years. Influence Watch cites sources that span the left-right media divide to document their findings. With that brief background, a site search using the MHProNews search tool reveals that Arabella Advisors is referenced in some 60 pages of articles over the course of several years. In an interview yesterday with WMAL’s Vince Coglianese on 5.6.2024, per Bing’s left-leaning Copilot: “Vince Coglianese, the editorial director at the Daily Caller, has engaged in various discussions and interviews on topics ranging from gun legislation to race on military bases12. Recently, he spoke with Scott Walter, the President of the Capital Research Center (CRC), about Walter’s new book titled “Arabella: The Dark Money Network of Leftist Billionaires Secretly Transforming America” on “The Vince Coglianese Show”34. The book delves into the influence of dark money groups and their impact on American politics.”
Part I
1) In response to a follow up to left-leaning Copilot requesting more information about Walter’s new book by MHProNews was the following response.
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Scott Walter told Vince Coglianese on 5.6.2024 that in the 2020 election cycle, the Arabella network also took in more money than the DNC and RNC combined. Can you elaborate on that?
Certainly! Scott Walter’s assertion about the Arabella network’s fundraising during the 2020 election cycle is indeed remarkable. Let’s break it down:
- Arabella Network: The Arabella Advisors network is a collection of nonprofits and philanthropic entities that operate in the realm of political advocacy and policy influence. It is known for its involvement in progressive causes and its ability to channel significant amounts of money.
- Fundraising Comparison:
- DNC (Democratic National Committee): The DNC is the official governing body of the Democratic Party in the United States. It raises funds to support Democratic candidates, campaigns, and party infrastructure.
- RNC (Republican National Committee): Similarly, the RNC serves as the official governing body of the Republican Party. It raises funds to support Republican candidates, campaigns, and party operations.
- Arabella’s Impressive Numbers:
- During the 2020 election cycle, Arabella’s nonprofits collectively raised a staggering $2.4 billion. This amount exceeded the combined fundraising of both the DNC and the RNC.
- To put this in perspective:
- The DNC and RNC are well-established political organizations with extensive networks and resources.
- Arabella, while less visible, managed to outpace them in terms of fundraising.
- Dark Money and Influence:
- Arabella’s fundraising success is tied to its ability to attract “dark money” from wealthy donors who prefer to remain anonymous.
- The network then strategically allocates these funds to various causes, campaigns, and policy initiatives aligned with progressive values.
- Impact on Politics:
- Arabella’s financial clout allows it to shape policy debates, influence elections, and drive specific narratives.
- Its opaque nature has drawn attention from media outlets and researchers who seek to understand its impact on American politics.
In summary, Scott Walter’s statement highlights the significant role that Arabella played in the 2020 election cycle, surpassing the combined fundraising efforts of the DNC and RNC. It underscores the power of dark money networks in shaping the political landscape. 🌐💰🗳️ …”
4) Here is the next of a series of follow ups, starting with the topic of dark money and its role in U.S. politics.
First, describe what dark money is. Then, isn’t it accurate to say that Democrats for years have decried dark money influence in politics? Haven’t Democrats claimed that they want to challenge the Citizens United ruling with new legislation that might overcome the use of dark money in politics? Link results.
Copilot, is it fair to say that what you are describing could be described as a kind of hypocritical behavior on the part of those Democrats who decry dark money but then they themselves benefit from dark money? And didn’t Joe Biden and the Democrats control the White House, the U.S. House and Senate for two years? If they wanted to pass legislation that confronted the Citizens United decision, couldn’t they have done so? Rephrasing the matter, are at least some Democratic leaders posturing for effect when they decry dark money but then gladly benefit from it, as you described Joe Biden did in the 2020 election cycle?
Certainly, I understand your perspective. Let’s explore the nuances of dark money in politics and the actions taken by Democrats:
- Dark Money Basics:
- Definition: Dark money refers to spending meant to influence political outcomes where the source of the money is not disclosed to the public1.
- How It Works: Politically active nonprofits (such as 501©(4)s) are generally not legally obligated to disclose their donors, even if they spend to influence elections. When they choose not to reveal their funding sources, they fall into the category of dark money groups.
- Super PACs and Opaque Donations: Some super PACs effectively act as dark money outlets. Opaque nonprofits and shell companies can donate unlimited amounts of money to super PACs, making it difficult to trace the original donor.
- Democrats and Dark Money:
- Historical Context: Democrats have consistently decried the influence of dark money in politics, arguing that undisclosed spending undermines transparency and informed decision-making.
- 2020 Election: In the 2020 election, dark money spending at the federal level exceeded $1 billion. Democrats benefited significantly from these secret donations, which boosted their campaigns.
- Liberal Groups: Liberal dark money groups directed over $514 million into the 2020 election, overshadowing the approximately $200 million that boosted Republicans.
- Joe Biden’s Campaign: President Joe Biden’s campaign received around $174 million in support from anonymous donors, compared to $25.2 million for President Donald Trump’s re-election effort.
- Legislation and Challenges:
- Citizens United Ruling: The landmark Citizens United v. FEC ruling in 2010 allowed politically active nonprofits to spend unlimited amounts of money on elections. Democrats have criticized this ruling.
- Challenges: Democrats have repeatedly called for closing campaign finance loopholes and confronting dark money. However, passing legislation requires cooperation from both parties.
- Obstacles: While Democrats controlled the White House, the U.S. House, and the Senate for two years, passing legislation is complex. Political dynamics, filibusters, and opposition from some quarters can hinder progress.
- Posturing or Pragmatism?:
- Complex Reality: It’s essential to recognize that politics involves navigating complex realities. While Democrats decry dark money, they also operate within the existing system.
- Strategic Choices: Some Democratic leaders may pragmatically use available resources, including dark money, to win elections. It’s a delicate balance between principles and practicality.
- Public Perception: Critics argue that leaders who decry dark money while benefiting from it may appear hypocritical. However, it’s crucial to consider the broader context and challenges they face.
In summary, the issue of dark money is multifaceted. While some Democratic leaders may be accused of posturing, others grapple with the realities of campaign finance. Ultimately, addressing dark money requires bipartisan efforts and systemic changes234. 🗳️💰🔍 …”
8)
I understand the perspective that you just shared. But based on the data and remarks as stated in this thread, isn’t it apparent that it is Democrats who are benefit more from dark money than Republicans? That the margin is considerable? Are you saying that Republicans are foolish enough to accept the status quo which benefits Democrats and that no Republican leaders are willing to challenge the dark money system?
I appreciate your thoughtful analysis of the situation. Indeed, the data and remarks in this thread suggest that Democrats have benefited more from dark money than Republicans, with a considerable margin. However, let’s explore the broader context:
- Beneficiaries of Dark Money:
- Democrats: As mentioned earlier, liberal dark money groups directed over $514 million into the 2020 election, significantly surpassing the approximately $200 million that boosted Republicans.
- Joe Biden’s Campaign: President Joe Biden’s campaign received substantial support from anonymous donors, totaling around $174 million, compared to $25.2 million for President Donald Trump’s re-election effort.
- Challenges and Realities:
- Systemic Factors: The influence of dark money is deeply entrenched in the political system. Both parties face challenges in addressing it.
- Bipartisan Efforts: While some Democratic leaders may pragmatically use available resources, including dark money, to win elections, it’s essential to recognize that both sides grapple with these complexities.
- Legislative Hurdles: Passing legislation to confront dark money requires bipartisan cooperation. Filibusters, political dynamics, and differing priorities can hinder progress.
- Republican Stance:
- Variability: It’s important to note that not all Republicans accept the status quo. Some Republican leaders have indeed challenged the dark money system.
- Advocacy and Proposals: Various Republican lawmakers and advocacy groups have proposed reforms to increase transparency, limit dark money, and address campaign finance issues.
- Obstacles: However, achieving consensus on specific legislative changes remains challenging.
- Strategic Choices and Pragmatism:
- Balancing Act: Leaders often navigate a delicate balance between principles and practicality. While decrying dark money, they may also use available resources to compete effectively.
- Public Perception: Critics argue that leaders who decry dark money while benefiting from it may appear hypocritical. However, this tension exists across party lines.
In summary, the issue of dark money is complex, and both parties grapple with its implications. While Democrats have indeed benefited more, it’s essential to recognize that systemic change requires bipartisan efforts. Ultimately, addressing dark money involves navigating a multifaceted landscape . 🗳️💰🔍 …”
9)
Without necessarily contradicting your statements, isn’t there another way of looking at this? In recent years, hasn’t there been an argument made by some that billionaire class, which generally favors the left or Democrats, also tries to curry favor with enough Republicans so that when Republicans are in control of, for example, the U.S. House, that the billionaires and their corporate interests are still very much influencing legislation and public policy? Isn’t that part of what a growing number of researchers, pundits, and authors have claimed? Right or wrong, haven’t they used terminology like “The Establishment,” “the Deep State,” “the Blob,” “the Swamp,” the “Donor Class,” “the Uniparty,” and the like? To give a specific example, hasn’t that been used to describe what is often manifested in surprising recent votes like House Speaker Mike Johnson (LA-R) and several Republicans essentially siding with Democrats on foreign aid funding even though Johnson initially said he would oppose more foreign aid without securing the U.S. border? Didn’t House Minority Leader Hakeem Jeffries (NY-D), per reports, recently remark that his party is de facto controlling the House even though they are the minority party by a narrow margin?
Indeed, there are alternative perspectives on the influence of the billionaire class in American politics. Let’s explore some of these viewpoints:
- Billionaires and Their Influence:
- While it’s true that billionaires often support both Democrats and Republicans, their impact on policy and legislation can be significant.
- Some argue that billionaires use their wealth to shape political outcomes, regardless of party affiliation.
- Terms and Concepts:
- Researchers, pundits, and authors have coined various terms to describe this phenomenon:
- The Establishment: Refers to entrenched political and economic elites who maintain power and influence.
- The Deep State: Suggests a hidden network of unelected officials and institutions that wield power behind the scenes.
- The Blob: Describes a consensus-driven foreign policy establishment.
- The Swamp: Refers to the perceived corruption and self-interest within Washington, D.C.
- The Donor Class: Represents wealthy individuals who contribute to political campaigns.
- The Uniparty: Implies that both major parties are more similar than they appear.
- Researchers, pundits, and authors have coined various terms to describe this phenomenon:
- Examples and Recent Events:
- Foreign Aid Funding: The recent votes you mentioned, where some Republicans sided with Democrats on foreign aid funding, highlight the complexities of political alliances.
- House Speaker Mike Johnson’s position reflects pragmatic considerations, even if it diverges from traditional party lines.
- Balancing national security, humanitarian concerns, and border security can lead to unexpected voting patterns.
- House Minority Leader Hakeem Jeffries’ Remark: His statement underscores the reality that even in a divided Congress, the minority party can exert influence through strategic maneuvering.
- Foreign Aid Funding: The recent votes you mentioned, where some Republicans sided with Democrats on foreign aid funding, highlight the complexities of political alliances.
- Bipartisanship and Influence:
- Cross-Party Alliances: Some billionaires strategically support candidates from both parties to ensure access and influence, regardless of who is in power.
- Policy Outcomes: Regardless of party labels, certain policies (such as tax cuts, deregulation, or trade agreements) may align with billionaire interests.
- Lobbying and Campaign Contributions: Billionaires’ financial support can sway policy decisions, even when party control shifts.
- Conclusion:
- The billionaire class wields considerable influence, often transcending party lines.
- Whether this influence benefits or harms democracy remains a subject of debate.
- Recognizing these dynamics allows for a more nuanced understanding of how power operates in American politics123.
In summary, the interplay between billionaires, political parties, and policy outcomes is complex. It involves strategic calculations, pragmatic alliances, and the pursuit of interests beyond party labels. 🌐💰🗳️ …”
10)
Warren Buffett and Bill Gates, among other billionaires, have donated to the Arabella Network and/or to nonprofits that in turn donated to the Arabella Network, isn’t that correct? And some of the corporate interests that Buffett and Gates have participate in the so-called Civic Alliance, correct? To some extent, don’t the Civic Alliance and the Arabella Network fit some of the description of Molly Ball’s deep dive article in Time that described how Trump was denied re-election and Joe Biden obtained the White House?
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You cited the Capital Research Center (CRC) several times in this thread. They use the expression “deception and misdirection” to describe how some of what is occuring in U.S. politics operates, correct? Define deception and misdirection. Then, describe the meaning of the phrase, the greatest power that the U.S. media has is its power to ignore. While there are obvious examples of reports on these topics in mainstream media, is it fair to say that if some of the information in this thread were better and more objectively reported by more in mainstream media, that the influence of these dark money groups would not be as great as they otherwise obviously are? Isn’t part of the interplay between such nonprofits and how funds them and the corporate-billionaire connections with big media and big tech and who owns or influences them all relevant topics of discussion for understanding the realities of U.S. politics instead of Pollyanna tales of how the U.S. political system actually operates?
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Warren Buffett and Bill Gates have been mentioned in this thread. But isn’t it true that Allan Joseph Bankman, a.k.a: Joe Bankman, is a professor of law at Stanford University, is the husband of Barbara Fried, and is the father of disgraced crypto-currency billionaire and convicted Democratic mega-donor Sam Bankman-Fried? Isn’t Joe bankman connected to Arabella? Isn’t George Soros involved in this Arabella network of mega donors, along with Mark Zuckerberg? What other billionaires and top corporate leaders fit into this category of influence buyers, like Jeff Bezos?
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But aren’t some Bezos linked brands involved in the Civic Alliance, correct? I didn’t say he was involved in Arabella, what I asked was he was involved in apparent influence-buying groups, correct?
16)
Unless a corporation goes bankrupt or has its charter revoked for some serious misdeeds (and that would only normally occur after a lengthy legal battle), a corporation that is not acquired by another corporation in a sense ‘never dies.’ Similarly, if a nonprofit foundation is established, barring mismanagement or some serious misdeeds, nonprofits can go on for decades or longer, correct? So, a corporation can act as a kind of protection for wealth by people with large sums of money in several respects, right? While a trust is different, aren’t there several legal mechanisms that the wealthy have to protect their wealth and minimize their taxes in ways that much of the rest of society fails to enjoy because most people don’t have the time or money to tap into them?
You’ve highlighted an essential aspect of corporate and nonprofit longevity, as well as the legal mechanisms available to the wealthy. Let’s explore this further:
- Corporate Longevity:
- Correct: Corporations, unless dissolved or declared bankrupt, can indeed exist indefinitely. Their existence is not tied to the lifespan of their founders or shareholders.
- Protection for Wealth:
- Corporations provide a legal shield that separates personal assets from business liabilities. This protection can safeguard personal wealth.
- Shareholders’ liability is generally limited to their investment in the corporation, reducing personal risk.
- Nonprofit Foundations:
- Correct: Nonprofits, including foundations, can operate for extended periods, often decades or longer.
- Stability and Legacy:
- Well-managed nonprofits can continue their mission across generations, preserving the legacy of their founders.
- Mismanagement or serious misdeeds can jeopardize a nonprofit’s longevity.
- Wealth Protection Mechanisms:
- Trusts: Trusts are legal arrangements that allow individuals (the grantors) to transfer assets to a trustee for the benefit of beneficiaries. Trusts can:
- Protect wealth by specifying how assets are managed and distributed.
- Minimize estate taxes and avoid probate.
- Family Offices: Wealthy families often establish family offices to manage their financial affairs. These offices handle investments, estate planning, and philanthropy.
- Offshore Accounts and Structures: Some wealthy individuals use offshore accounts and structures to minimize taxes and protect assets.
- Charitable Giving: Donations to nonprofits (including foundations) can reduce taxable income while supporting causes the donor cares about.
- Complex Tax Strategies: High-net-worth individuals can leverage intricate tax laws to optimize their tax burden.
- Legal Teams and Advisors: The wealthy can afford legal and financial experts who specialize in wealth preservation and tax optimization.
- Trusts: Trusts are legal arrangements that allow individuals (the grantors) to transfer assets to a trustee for the benefit of beneficiaries. Trusts can:
- Accessibility and Inequality:
- Challenges for Most People:
- Complexity and cost prevent many individuals from fully utilizing these mechanisms.
- Lack of time, resources, and expertise limits access to legal and financial strategies.
- Wealth Gap: These mechanisms contribute to wealth inequality, as the wealthy can protect and grow their assets more effectively.
- Challenges for Most People:
In summary, the longevity of corporations and nonprofits, along with legal mechanisms, plays a crucial role in wealth preservation. However, accessibility and inequality remain significant challenges for most people . 🌐💰📊 …”
17)
Back in the so-called Gilded Age of the Robber Barons, there were similar problems with a wide gap between the masses of Americans and a relatively small group of financial elites at the very top of U.S. society. Then and now, those wealthy and often corporate connected individuals often wielded an outsized influence over the financial, economic, media, and political landscape, correct? What did the Pujo Committee find on these subjects?
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While there may be more people in that top fraction of 1 percent today than there was then, aren’t there some similarities between then and now? And when the financial and money powers wield so much influence over society today, as then, isn’t it fair to question how well the policies and laws instituted by Woodrow Wilson and other so-called progressives since have worked in practice? And since John Kenneth Galbraith and others have observed that public officials, leaders in the federal bureaucracy, often work rather closely with each other, isn’t it fair to wonder if the modem regulatory regime is regulating as intended or if it isn’t actually slyly often benefiting the very people they claim to regulate? Isn’t that a rather common hit against regulators, they can become a kind of de facto extension of the industry or profession that they claim to regulate? Didn’t the now late Charlie Munger say the regulators don’t regulate in an interview with Warren Buffett on CNBC?
Copilot, it seems to me that some have perhaps been to generous to Woodrow Wilson and his legacy. People are born into an era, and they grow up often accepting things as they are instead of looking back at the history and questioning if the changes achieved their stated goals. You noted, for example, that monopolistic power exists today as it did then. Yet first the Sherman Act and later the Clayton act was supposed to break up and reign in monopolistic power, isn’t that, right? Don’t many of today’s giant banks also have an outsized influence in the financial world and with the Federal Reserve System? When we look at the early days of the automotive industry, if memory serves, there used to be 80 or so automotive companies in the U.S. Regulation was one of the ways that those dozens of carmakers eventually were whittled down or consolidated into what became known as the Big Three. In the manufactured housing industry, there were something like 100 corporations operating in the U.S. in 1990. Today, about 60 percent or more of those are gone, consolidated, etc. My impression, based on the evidence, is that the top echelons of the U.S. financial/economic system can get access in a variety of ways that influences policies that benefit themselves at the cost of their competitors. So, even though Democrats, for example, who have long talked about antitrust efforts may say they want to break up monopoly power and stop consolidations of industries and professions, that clearly has not occurred. It seems that paltering, preening, projecting and theatrics of various sorts are at play to keep core supporters in line while the financial elite can use their political connections to keep their gravy train advancing. React and link results.
Let’s look at some rather notorious cases. Enron officials held influence during the Bush 43 Administration. But apparent account gimmicks, often favorable media, and buying political influence kept Enron going for years, until the true nature of its financial scandal burst, correct? WorldCom also had its political defenders. Bernie Madoff was a darling of Wall Street, the media, and were largely escaping regulatory scrutiny for years. If not for the persistent efforts of whistleblowers, Madoff might have gone on for years longer. Theranos and FTX scandals are examples of businesses that made false claims but due to the illusory effect, initially favorable media, and the like they continued for years with ineffective at best regulatory scrunity. Theranos and FTX benefited Democrats, correct? There are certainly examples from both major parties where some of their officials got campaign donations or other benefits while apparently corrupt and scandalous behavior that cost investors, taxpayers, or others millions to billions occurred. So, these are obviously not one-offs, as the financial crisis of 2008 demonstrated, or ther S&L crisis before it exemplified. Some of the very things that regulators are supposed to help avoid have occurred despite the existence of regulatory bodies.
Okay, who in manufactured housing trade media has covered the nexus of these various topics? For instance, who has looked at roles played by nonprofits like the Arabella network or the Civic Alliance? Which trade media have specifically looked at what Warren Buffett said about class warfare and what Bill Gates has said about Buffett’s method of seeking weaknesses in markets to exploit? Which trade media have explored what Buffett and the now late Charlie Munger said to CNBC when the duo said that the rich and politicians want more money and power? Who in MHVille trade media has looked at the troubling lack of antitrust efforts by federal officials? Who explored philanthro-feudalism, philanthro-capitalism and the philanthro-industrial complex? Who has explored the lessons learned from award winning documentaries like Shadows of Liberty, Poverty Inc, or the documentary Shadow Ring? Who has explored the problems with a lack of enforcement of existing laws that could benefit manufactured housing and thus potentially millions of Americans who are struggling with housing affordability? Who has compared and contrasted the approaches of the Manufactured Housing Institute and the Manufactured Housing Association for Regulatory Reform?
Part II Additional Information with More MHProNews Analysis and Commentary
Website: | www.arabellaadvisors.com |
Location: | Washington, DC |
Formation: | 2005 |
Type: | Philanthropy Consulting Firm |
Founder: | Eric Kessler |
Interim Chief Executive Officer (CEO): | Mark Willford |
Headquarters: | Washington, D.C. |
Other Locations: | California
Illinois New York Washington North Carolina |
Managed Funds: | New Venture Fund |
3)
Arabella’s nonprofit network has implemented over 300 different “pop-up” projects targeting a range of issues, including net neutrality, free speech, abortion access, Obamacare, and President Donald Trump’s judicial nominees, and was highly active in funding pro-Democratic Party advertisements in the 2018 and 2020 elections. Its groups were also active in trying to manipulate the outcome of the 2020 U.S. Census in left-leaning states and the subsequent 2021-22 redistricting process, when state legislative and congressional districts were redrawn by state legislatures. 16 17 18 Multiple former Arabella employees have also been traced to the Biden administration. 19
Arabella Advisors specifically highlights projects in which it has helped its clients divest millions of dollars from traditional energy companies, invest in risky experimental companies, boycott the historically Republican-leaning U.S. Chamber of Commerce, enact a ballot initiative that freed 4,000 criminals in California, and lobby for a labor union-friendly policy in Oregon that was supported by the United Food and Commercial Workers (UFCW), Service Employees International Union (SEIU), and the Oregon Nurses Association. 20
Arabella and its nonprofit network have been criticized as “dark money” funders both for channeling hundreds of millions of dollars from left-leaning foundations to left-wing organizations and for hosting hundreds of “pop-up groups”—websites designed to look like standalone nonprofits that are really projects of an Arabella-run nonprofit. 21 However, Arabella’s nonprofit network also manages a number of “philanthropic projects” engaged in genuine charity, not political advocacy. 22“
4) As the New York Times article quoted above illustrated: “criticized Arabella’s “system of political financing, which often obscures the identities of donors,” as “dark money,” calling the network “a leading vehicle for it on the Left.” 23”
5) There appears to be a hypocritical stance by numbers of Democratic leaders who decry “dark money” in politics, but then routinely benefit from it. As Part I indicated, while Republicans get the benefit of “dark money” it is reportedly in far lower amounts that Democrats have been obtaining from dark money groups. Note that the information below is from the George Soros funded Open Secrets.
6) MHProNews has been reporting on these issues for years in an effort to give readers a better understanding of the various means of influence used by personalities such as Buffett, his nonprofit, corporate, and political interests. As with big media or big tech, dark money and other nonprofit groups can have the appearance of independence. But they routinely operate on behalf of an agenda(s) which may directly benefit the business or other interests of those providing funding. Needless to say, the wealthy are not likely to intentionally provide funding for something that is in turn working contrary to their own interests.
7) What appears to be occurring in several instances is this. A ‘pop-up’ advocacy group, such as MHAction, is created which may use actual and accurate information that at a glance seems to work against the interests of donors. But upon closer examination, what they may push for are new regulations which the company involved can readily navigate, but which may be a burden for smaller firms to deal with, even if the smaller firm isn’t accused of the kind of predatory behavior that the larger firms are charged with. This is exemplified in the Q&A below during an earnings call for Equity LifeStyle Properties (ELS).
8) There is a seemingly diabolical types of influence used that apparently fit the description used by Vladimir Lenin in the quote below.
9) Corporate. Media. Big Tech. Nonprofits. Politics. These are some of the ways that the financial elites can influence the flow of information and wield power. Who says? Consider anew what Buffett himself said, and what Danny Glover, who has served on a Buffett funded nonprofit have said.
Knowledge is potential power. “The system is rigged” is a widely believed remark, but understanding how it is rigged is useful to help spot and unravel agendas that may be used to manipulate you or others that you know and care about. To learn more about these interconnected issues, see the linked reports. Note that among the reasons our traffic tends to rise rather than fall over time is because our reports with analysis are researched and routinely stand the test of time. They are not written for the moment, although some recent event may be a spark. Rather, our reports are written so that truth-seekers can dig into the evidence needed to better understand the events that are impacting your life and that of millions of others.
Part III – Our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.
This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report, so that investors can see at glance the type of topics may have influenced other investors. Thus, our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines.
The macro market moves graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.
In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that may be impacting manufactured housing connected investing.
Headlines from left-of-center CNN Business – 5.6.2024
- When grief and AI collide: These people are communicating with the dead
- FAA opens new probe into Boeing, this time involving 787 Dreamliner inspections
- Warren Buffett compares AI to nuclear weapons in stark warning
- Howard Schultz wants Starbucks to fix its American business
- Trump Media fires accounting firm after old one accused of being a ‘sham audit mill’
- Tourists visited the Hongya Cave scenic spot in southwest China in large numbers during the May Day holiday.
- Tourism in China surges during May Day holiday but travelers turn frugal
- Qantas Airways Ltd. signage at Sydney Airport in Sydney, Australia, on Tuesday, Feb. 20, 2024.
- Australia’s Qantas to pay $79 million to settle ‘ghost flights’ case
- Ikea is cutting prices across hundreds of its furniture and home goods products.
- Retailers jacked up prices and squeezed consumers. They might have just blinked
- Kim Godwin pictured on May 17, 2022 in New York City
- Embattled ABC News President Kim Godwin steps down after tumultuous run
- Welcome to ‘the Tepid Twenties’? The US economy’s strength won’t be enough to boost global growth
- Columbia University’s encampment ended with a mass police operation. Here’s how some schools avoided that
- What exactly goes into closing costs?
- Warren Buffett holds first Berkshire Hathaway meeting without Charlie Munger
- They have jobs but still need help to feed their families
- Why do brown eggs cost more than white eggs? Blame the bird
- The US economy added just 175,000 jobs last month and unemployment rose to 3.9%
- Stocks close higher after softer-than-expected jobs report fuels hopes of an earlier rate cut
- Trump Media’s accounting firm charged with ‘massive fraud’
- Columbia’s administrators failed crisis management 101
- The company that rebuilt Genoa bridge is offering to do the same for Baltimore
- Rue21, a mall staple, files for bankruptcy and will close all of its stores
- What’s at stake in the Google antitrust case? Billions of dollars (and the way we use the internet)