American Oligarchs Too Busy Swindling Their Own People to Fight Russo-Sino-Israel Alliance
Ed.’s note: We have compiled a few examples to demonstrate the veracity of the title of this post. In previous articles, we have already shown how Breitbart News (“born in America and conceived in Israel”) backed by the Jewish oligarch Robert Mercer, is influenced by Israel. Renaissance Technologies currently has an estimated $110 billion assets under management with Renaissance Technologies considered by investment analysts to be “one of the most successful hedge fund firms in the world.” Renaissance Technologies was founded by the Jewish oligarch Jim Simons with Robert Mercer resigning after the Cambridge Analytica implications were exposed for influencing elections. First, listen to this description of America from a Russian perspective:
Jim Simons remains with Renaissance Technologies as a “non-executive chairman” and remains invested in its funds, particularly the “secretive and consistently profitable black-box strategy known as Medallion.” The “black box” strategy is using algorithms to make trades. All this wealth generated in America is great, the question is how is this wealth used to influence elections to further protect all this wealth of these oligarchs? Many of these American elite investors like the Jewish oligarch Paul Singer, who is behind Eliot Management Corporation with $35 billion assets under management, have used their wealth to make massive transfers of the American tech industry to Israel.
It’s about using their money to maintain their power and financial interests. Jewish oligarch Michael Bloomberg, pledged $80 million back in June, 2018 to put democrats back in power last year. Here is Michael Bloomberg giving a brief talk back in 2012 about forming a relationship with Israel’s Technion Institute with Cornell University to develop technology. Back in 2012 when this clip was released, Bloomberg stated: “we are looking forward to a bright future.” “Bright future?” All those thousands of tech jobs outsourced from America to Israel through the Jewish oligarch Paul Singer’s Start-Up Nation Central, moving American tech jobs to Israel, sounds like a rather “bright future” to us alright – for Israel. Who helped the Israeli tech firm get the contract to rebuild New York City’s subway system? Michael Bloomberg?
All these Jewish oligarchs including for example the wealthiest Jewish oligarch in America, Larry Ellison, who founded Oracle Corporation, have one thing on their mind: Israel. Oracle Corporation? Isn’t this the same corporation that has brought the strongest opposition to the Pentagon’s $10 billion contract for cloud computing with Amazon and Microsoft? We’ve demonstrated with evidence that Amazon and Microsoft depend on Israel’s tech firms for their R&D. Oracle also has large operations in Israel.
So let’s for example say the $10 billion cloud computing contract with the Pentagon is cancelled and instead, Larry Ellison’s Oracle Corporation picks up this $10 billion contract with the Pentagon? Listen (linked just below) to Larry Ellison (Ellison has helped donate millions of dollars to Israel’s IDF) in this short interview about how the Jewish people for 2,000 years have been a “stateless people.” How much of that money donated to Israel’s IDF went to IDF members who later went on to Israel’s Unit 8200 or Technion? Larry, we know you love Israel, but you need to know the Jewish diaspora is a mythological story without historical fact. Looks like Larry has fallen for this rabbinical mythology too. Not unless the Jewish diaspora means the complete domination and control over technology based in Israel. Call it a 2,000 year “technological diaspora.”
Another American tech-related Jewish oligarch, Michael Dell, at the Dell Future Ready conference held in Tel Aviv in 2016, stated that “Israel is the world leader of the new digital age.” Dell Computers has a partnership with the ostensibly American corporation Dell EMC, a multinational corporation headquartered in Hopkinton, Massachusetts. Michael Dell’s Dell Corporation acquired EMC in 2015 in a cash-and-stock deal valued at $67 billion. This tech deal has been considered “the largest-ever acquisition in the technology sector.” This is why Israeli cybersecurity firms have been moving to Boston, it is right down the street from Dell EMC. The billions of dollars in tech investments in Israel and tech firms moving to Israel cannot be compromised:
Many of the Israelis working at Dell EMC in Israel are graduates of the IDF’s Unit 8200 and probably Technion (Technion works with China with a facility located in Guandong, China) as well. They are senior engineers, technicians, scientists and software programmers who are highly skilled beyond their American counterparts. These Israelis go back and forth between Israel and the US most likely as “dual citizens” between US tech firms and tech institutions like at MIT. Whatever is being picked up in the US with technological advances, this innovation and advanced technology are then brought back to Israel.
RSA Security LLC is another ostensibly American computer and network security company. RSA Security was acquired by EMC Corporation in 2006 and operated as a division within EMC. When EMC was acquired by Dell Technologies in 2016, RSA became part of the Dell Technologies. RSA is all about encryption technology including PKI (Public Key Infrastructure) digital security framework for Certification Authority (CA) between computers. Here is an interesting aspect of S in RSA readers might want to be aware of that happened in March, 2019:
Whatever you want to call America, it is not a “democracy”, it’s not a “republic” and it certainly isn’t a country to be proud of despite Don the real estate guy’s campaign speeches where Americans show up waving American flags chanting: “America, America, America,” while Don the real estate guy has a Jewish oligarch like Sheldon Adelson standing behind him with millions of dollars. It’s about the money. In America it’s “winner takes all”, and if you have the money you take it all. And you can “take it” wherever you want to, including to Israel. Why else would Don the real estate guy turn to Israeli cybersecurity firms?
It appears to us that Don the real estate guy is turning over cybersecurity to Jewish and Israeli interests:
Why not Americans chant “Sheldon, Sheldon, Sheldon,” instead? Or here’s a better chant at Don the real estate guy’s presidential campaign rallies: “Israel, Israel, Israel.” Christian-Zionists in American will love that one. All the while Americans who voted for Trump and attend his campaign rallies, visit Adelson’s casinos and stay in his hotels? There is something deeply perverse about all this. What is going on here with all these American Jewish oligarchs investing billions of dollars in Israel’s technological future and outsourcing American tech jobs to Israel, while America with every mass shooting that are as common as sporting events, is left by the technological wayside floundering in the gutter?
Source: Institutional Investor
Renaissance, Cambridge Analytica
Connection Should Be Questioned, Experts Say
Cambridge Analytica received financial backing from Renaissance
Technologies part-owner Robert Mercer. Now, quant experts
say investors in Renaissance should be probing those ties.
By Richard Teitelbaum | April 10, 2018
Mushrooming scandals at Cambridge Analytica, the embattled quantitatively driven consulting firm accused of misappropriating data and possible violations of U.S. election laws, are inexorably pushing pensions and other investors toward a decision: whether to pull their money from Renaissance Technologies, arguably the world’s most successful hedge fund firm.
Cambridge Analytica is largely bankrolled by Robert Mercer, a backer of Breitbart News and other ventures, who stepped down on January 1 as co-CEO of Renaissance following public criticism of his political activism. Mercer continues as a top researcher and part owner at Renaissance.
The specific hot-button issue for Renaissance investors: Cambridge Analytica’s focus on psychographic modeling — using machine-based learning to sort through myriad data points as a way of determining how a person is likely to vote. The techniques are strikingly similar to those Renaissance researchers have harnessed for years, according to quantitative scientists and other experts.
“The math used in machine learning for the purpose of affecting the election is the same math used in the world of quantitative investing,” says Peter Carr, chair of the Finance and Risk Engineering Department at New York University’s Tandon School of Engineering. “I believe Renaissance has a fairly deep knowledge of human behavior. Whether [Mercer] passed that on I wouldn’t know.”
raises the question of whether safeguards or policies exist to prevent
that from happening. “If proprietary algorithms that were developed at
Renaissance were used for other purposes, that would be a concern for
partners and investors,” says Charles Lee, a former managing director
and global head of equity research and co-head of North America active
equities at rival Barclays Global Investors, now part of BlackRock.
No one to date has publicly accused Mercer of any misuse of Renaissance information. But investors should be raising the question, says Lee, currently an accounting professor at the Stanford Graduate School of Business.
[II Deep Dive: Robert Mercer’s Trade of the Century]
On March 17, The New York Times and London’s Observer newspaper reported, among other things, that Cambridge Analytica had utilized information gleaned from the accounts of tens of millions of unknowing Facebook users in its work on Donald Trump’s 2016 presidential campaign. The Times further reported that the firm may have violated U.S. election laws by using foreigners in its campaign work. Facebook CEO Mark Zuckerberg is slated to testify before both the Senate and House this week, where he is expected to address how the company allowed Cambridge Analytica to allegedly misappropriate Facebook user data.
Mercer’s move to relinquish his co-CEO post followed an October decision by the $2.77 billion Baltimore City Fire and Police Employees’ Retirement System to redeem its $25 million investment in the Renaissance Institutional Equities Fund, or RIEF.
“We had some concerns about [Mercer’s] outside activities,” says Anthony Calhoun, executive director of the retirement system, noting that Mercer announced he was stepping down as co-CEO shortly after the pension fund decided to withdraw its money.
Mercer’s handling of company information speaks to the scientist’s fiduciary obligation to Renaissance and the funds it manages, according to experts. “An informal transfer of intellectual property from Renaissance to Cambridge could amount to a misappropriation of Renaissance’s property,” says John Coffee, a professor at Columbia Law School, in an email.
Even if any such transfer of intellectual property was approved by senior Renaissance management, Coffee says that sidesteps the question of whether the hedge fund firm received fair market value for the property. “If not, this could be seen as self-dealing and amount to a fiduciary breach,” he says.
And even if there is no fiduciary breach, that wouldn’t necessarily let Mercer off the hook. Without knowing specifics of the situation, Ron Geffner, who oversees the financial services group at New York law firm Sadis & Goldberg, says that if Mercer did use Renaissance information at Cambridge Analytica, the concern would be whether it violates his employment contract, rather than fiduciary obligations. “If there are assets that are developed, [they] can’t be taken willy-nilly,” he says.
Cambridge Analytica did not respond to emails and phone calls seeking comment. Jonathan Gasthalter, a spokesman for Renaissance, declined to comment.
Lee says big investors often ask that top money managers limit outside activities. On occasion, in side letters to their investments, they will require that managers disclose such activities in a timely manner.
At the very least Mercer’s activities raise the question of how his outside interests may affect the execution of his responsibilities at Renaissance, where he is still engaged in research at a senior level. “It certainly seems to me as if there is a key-man issue,” says Ted Aronson, managing principal at AJO Partners, a quantitative equity investment firm with $25.4 billion in assets.
Pensions and endowments aren’t talking on the record. Those that own RIEF or one of its siblings, such as the Renaissance Institutional Diversified Alpha Fund, or RIDAF, either did not return phone calls or declined to comment on the record about whether they are considering redemptions or communicating with Renaissance about Cambridge Analytica.
Big-ticket Renaissance fund investors identified in public documents include the Public School and Education Employee Retirement Systems of Missouri, the Employee Retirement System of the City of Providence, the Los Angeles Water and Power Employees’ Retirement Plan, the William Penn Foundation, the American Physical Society, the Robert Wood Johnson Foundation, Tufts Medical Center, the National Academy of Sciences, and Furman University. Officials either declined to comment or did not return phone calls or emails.
Please go to Institutional Investor to read the entire article.
The Billionaire Mercer Family Has Reportedly Bailed on Trump for 2020
June 18, 2019 | By Matt Stieb
Among the 20-plus candidates vying for the presidency, the incumbent’s campaign has raised the most money: In the first quarter of 2019, President Trump raised a self-reported $30 million, with an additional $46 million thrown in by the Republican National Committee.
Still, Trump family members are reportedly frustrated that the party’s major donor class isn’t stepping up and they’re worried that the campaign won’t reach manager Brad Parscale’s goal of $1 billion by Election Day. In May, Donald Trump Jr. reportedly called a big-wig donor, sharing his fear that his father was trailing where Obama was at the same point in 2011. Jared Kushner has reportedly expressed similar frustrations to RNC chairwoman Ronna Romney McDaniel.
According to a report by Vanity Fair, some of Trump’s biggest financiers from last cycle, the Mercer family, have scaled back their political donations considerably since 2016. “It’s like they’ve disappeared,” a White House official told VF‘s Gabriel Sherman. “Crickets. They’re gone,” a prominent Republican strategist added.
In 2016, former co-CEO of the hedge fund Renaissance Technologies Robert Mercer provided $15.5 million to several different organizations backing Trump, in addition to a $1 million gift to the inaugural committee. More vital than that spending was the Mercer family’s considerable donations to Breitbart, an early and vocal unofficial mouthpiece for the president’s campaign. Including the money routed to Steve Bannon’s former online home, the family spent over $49 million on political activities in the last election. (That sum doesn’t include the $15 million Robert Mercer spent on Cambridge Analytica, an investment that doesn’t look so great in hindsight.) After Trump won, he appointed Mercer-approved strategists like Bannon and Kellyanne Conway to high-level positions, and Rebekah Mercer — responsible for the most frightening game night of all time — made it onto the transition team as a senior member.
But last year, the Mercers donated just $400,000 to the Great America PAC, a key pro-Trump group, as their total political spending dipped to $2.9 million. Vanity Fair reports two reasons for the step back: The family, notorious for its desire to influence politics without being exposed to media attention, felt anxious about the notice that the power their purse has brought. “They’ve been destroyed,” a former West Wing official told Vanity Fair, while a former Renaissance executive added, “Bob views all his political spending as a bad investment.” The second reason, closer to home, is that Rebekah Mercer is reportedly going through a divorce.
At this point, it would be a severe mistake for Democrats to assume that because Trump might have a major donor problem, the campaign is financially vulnerable. It’s not. Not only did the president lead all Democratic candidates in the first quarter, he reportedly has raised $150 million since the inauguration. In 2016, Trump needed only $531 million to secure the Electoral College, compared to Clinton’s $969 million. Even if the campaign falls short of Brad Parscale’s billion-dollar goal, the campaign won’t have to waste money on the primary, where candidates spend tens of millions of dollars to secure the nomination.
And if there’s concern about the Mercers getting out of dubious conservative philanthropy, that’s premature as well. Vanity Fair reports that the family is still donating to the Oregon Institute of Science and Medicine, co-founded by a climate skeptic whose research focuses on delaying human aging.
Please go to Intelligencer to read the entire article.