Episode 343: EIC The Originator of Corporate Subsidies to Net-Zero Corporate Forced Behavior and the Ruble Rules

EIC The Originator of Corporate Subsidies to Net-Zero Corporate Forced Behavior and the Ruble Rules  EIC

Video available on Rumble

This program on the ‘EIC the Originator of Corporate Subsidies’ is the beginning of a change in how I will be doing the program blog posts from now on. Instead of writing long paragraphs that often are more than the content of the audio and or video, I am moving to an outline format for the blog post. The audio will remain at the top of each post and the links to the video will remain at the top as well.

With the outline format you can get the basic content of what I am discussing on the program. You will be able look at my program notes seeing the content I prepared to talk about. With that, You can jump to the resources that could be associated to the outline and you will see that there is a lot more content in the outline than I have real time to cover in the 45 minute program.

And as always, Sam Adams Wisdom will continue in the blog post between the Outline and the References. For this week, Sam hits it hard regarding the Sovereignty of God and our dependence on Him in his August 1st speech regarding the Declaration of Independence. We need, we must grasp this truth and return to it (period).

For this week I want to emphasize two points regarding the Outline and what is on the actual program.

First is the program title component ‘the Ruble Rules.’ I will follow up on this for next week but, You really need to read the associated article because our monetary system is at a critical point. This could be a mechanism that makes inflation look like a gift if the US dollar is forced into deflation. Here is the quick link to the Ruble article.

Second is ending the program way to quickly with the Lords Prayer. I will discuss this further on next weeks program. What hit me in looking hard at the EIC (East India Company) was that they brought in ‘the Consumer economy’ which Sam Adams looked from the perspective that the lust of the flesh were more easily sought. He was praying and hoping that America would maintain its dependence on the God of the Bible, not on economic frivolity and market manipulations.

So I want to emphasize again the verse in the Lords Prayer, “Give us this day our daily bread.’ (Mat. 6:11) Take a look at the points that I will followup next week: Luke 11:3 Prov 30:8 and Isa 33:16

Program outline:

– First segment: Intro the History of the EIC (East India Company) to WEF (World Economic Forum)

  • Origin

  • Fueled Consumer Culture

  • From Mercantile Company to Empire Building

  • Private army of over 260,000

  • ‘In many ways the EIC was a model of corporate efficiency: 100 years into its history, it had only 35 permanent employees in its head office. Nevertheless, that skeleton staff executed a corporate coup unparalleled in history: the military conquest, subjugation and plunder of vast tracts of southern Asia. It almost certainly remains the supreme act of corporate violence in world history. For all the power wielded today by the world’s largest corporations – whether ExxonMobil, Walmart or Google – they are tame beasts compared with the ravaging territorial appetites of the militarised East India Company. Yet if history shows anything, it is that in the intimate dance between the power of the state and that of the corporation, while the latter can be regulated, it will use all the resources in its power to resist.’

  • Political action influencing American Colonies

    • Crisis in Britain – 1763 – 1765, the British Parliament passed the Stamp Act, repealed in 1766.

    • In 1770, Parliament repealed all of the Townshend Act duties except for the one on tea,

    • Tax subsidies for EIC: ‘Tea Act in 1773. The act granted the company the right to ship its tea directly to the colonies without first landing it in England, and to commission agents who would have the sole right to sell tea in the colonies. The act retained the duty on imported tea at its existing rate, but, since the company was no longer required to pay an additional tax in England, the Tea Act effectively lowered the price of the East India Company’s tea in the colonies.’

  • Move on to present with Subsidies

  • Comment on the EIC bailout:

‘But unlike Lehman Brothers, the East India Company really was too big to fail. So it was that in 1773, the world’s first aggressive multinational corporation was saved by history’s first mega-bailout – the first example of a nation state extracting, as its price for saving a failing corporation, the right to regulate and severely rein it in.’

Corporatism and Subsidies

  • Government subsidies

  • How big is this?

    • In US over $100 Billion in subsidies

    • go to examples

Second Segment: Finish Government Subsidies Journey to WEF then to The journey of Kuyperian economics and the mind of Sam Adams 1778

  • Mention wanting to write on Christian economics but found Kuyper / Gary North / Sam Adams starting with God’s sovereignty.

  • Build on questions regarding economy over liberty.

  • Why do Christians support corporate tyranny in their retirement plans? Why do Christians allow corporations to determine their lives instead of adhering to God’s determination for their lives?

  • Why do those who claim moral foundations allow for companies to dictate cultural and conflicting moral behavior changes? Quote from BlackRock Chairman and CEO “Behaviors are going to have to change and this is one thing we are asking companies, you have to force behaviors and at BlackRock, we are forcing behaviors,” Fink said. Fink manages $10 trillion in assets.

  • Net-Zero – What is it?

  • Net Zero’ means achieving a balance between the amount of emissions produced and those removed from the atmosphere in order to reduce global warming.

    • McKinsey: fundamental transformation of global economy needed for net zero ‘Reaching net zero climate emissions by 2050 will require a “fundamental transformation of the global economy”, according to a report by McKinsey, one of the world’s most influential consulting firms.

      It estimates that $9.2tn will need to be invested every year for decades to limit the global temperature rise to 1.5C and end the climate emergency. The sum is a 60% increase on current investment levels and equivalent to half of global corporate profits.

      The report warns that the economic transformation will affect every country and every sector, with those most reliant on fossil-fuel-burning experiencing the most change. McKinsey, which advises many governments and large companies, also says the transition will be front-loaded with, for example, the cost of electricity rising before falling later.’

Third segment: Corporatism and the Ruble Rules

  • A warning: “A Paradigm Shift Western Media Hasn’t Grasped Yet” – Russian Ruble Relaunched, Linked To Gold & Commodities — BY TYLER DURDEN MONDAY, APR 04, 2022

  • Russia’s central bank having just profoundly altered the international trade and monetary system by linking the Russian ruble to both gold and commodities…

    • By offering to buy gold from Russian banks at a fixed price of 5000 rubles per gram, the Bank of Russia has both linked the ruble to gold and, since gold trades in US dollars, set a floor price for the ruble in terms of the US dollar.

    • By offering to buy gold from Russian banks at a fixed price of 5000 rubles per gram, the Bank of Russia has both linked the ruble to gold and, since gold trades in US dollars, set a floor price for the ruble in terms of the US dollar.

    • Go to the report ‘What does this mean for Other Currencies?’

Sum it up…. The majority of the Evangelicals and major denominations are caught up in not only accepting the ‘world systems’ but the Galatians 5:19 manifestations in corporatism, economy and governance. The battle is on for righteous, moral leadership in each of those components of living in time and space.

Close with Mathew 6:5 to 6:15.

Sam Adams Wisdom

From Sam Adam Speech regarding the Declaration Of Independence on August 1, 1776:

‘Truth loves an appeal to the common-sense of mankind. Your unperverted understandings can best determine on subjects of a practical nature. The positions and plans which are said to be above the comprehension of the multitude may be always suspected to be visionary and fruitless. He who made all men hath made the truths necessary to human happiness obvious to all.

Our forefathers threw off the yoke of popery in religion: for you is reserved the honor of levelling the popery of politics. They opened the Bible to all, and maintained the capacity of every man to judge for himself in religion. Are we sufficient for the comprehension of the sublimest spiritual truths, and unequal to material and temporal ones? Heaven hath trusted us with the management of things for eternity, and man denies us ability to judge of the present, or to know from our feelings the experience that will make us happy. “You can discern,” say they, “objects distant and remote, but cannot perceive those within your grasp. Let us have the distribution of present goods, and cut out and manage as you please the interests of futurity.” This day, I trust the reign of political protestantism will commence. We have explored the temple of royalty, and found that the idol we have bowed down to, has eyes which see not, ears that hear not our prayers, and a heart like the nether millstone. We have this day restored the Sovereign, to whom alone men ought to be obedient. He reigns in Heaven, and with a propitious eye beholds his subjects assuming that freedom of thought, and dignity of self-direction which He bestowed on them. From the rising to the setting sun, may His kingdom come.

Having been a slave to the influence of opinions early acquired, and distinctions generally received, I am ever inclined not to despise but pity those who are yet in darkness. But to the eye of reason what can be more clear, than that all men have an equal right to happiness? Nature made no other distinction than that of higher or lower degrees of power of mind and body. But what mysterious distribution of character has the craft of statesmen, more fatal than priestcraft, introduced?’

Reference:

1. Wikipedia – East India Company

2. History – How the East India Company Became the World’s Most Powerful Monopoly

3. The Guardian – The East India Company: The original corporate raiders

4. How Stuff Works – How did the East India Company change the world?

5. History. Com – The Tea Act of 1773

6. History Extra – The East India Company: how a trading corporation became an imperial ruler

7. Claremont Colleges, Senior Thesis – The Dangers of Corporate Champions: The East India Company’s Devastating Impact on Britain, by Richard Newman, Claremont McKenna College

8. Investopedia – Government Subsidies for Business

9. Good Jobs First – Subsidy Tracker Top 100 Parent Companies

10. The Balance – What Are Government Subsidies?

11. LeoHohmann.com – BlackRock CEO and WEF globalist Larry Fink says corporations must work harder to ‘force’ people to change behaviors

12. The Guardian – McKinsey: fundamental transformation of global economy needed for net zero

13. TWI-Global – What is Net-Zero and What Does It Mean?

14. World Economic Forum – Global Future Council on Net-Zero Transition

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