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Jan 28, 202210 min read

Giants: The Global Power Elite By Peter Phillips

"The Oxfam report An Economy for the 1%, shows that the wealth of the poorest half of the world’s population has fallen by a trillion dollars since 2010, a drop of 38 percent. This has occurred despite the global population increasing by around 400 million people during that period. Meanwhile, the wealth of the richest 62 has increased by more than half a trillion dollars to $1.76tr" 62 people own the same as half the world, reveals Oxfam Davos report Published: 18th January 2016

"Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos." Just 8 men own same wealth as half the world Published: 16th January 2017

"Economic advances around the world mean that while fewer people live in extreme poverty, almost half the world’s population — 3.4 billion people — still struggles to meet basic needs, the World Bank said. Living on less than $3.20 per day reflects poverty lines in lower-middle-income countries, while $5.50 a day reflects standards in upper-middle-income countries ...Over 1.9 billion people, or 26.2 percent of the world’s population, were living on less than $3.20 per day in 2015. Close to 46 percent of the world’s population was living on less than $5.50 a day." World Bank PRESS RELEASE OCTOBER 17, 2018 Nearly Half the World Lives on Less than $5.50 a Day

"1 in 9 people go to bed hungry each night

That’s 795 million people on the planet who suffer from chronic hunger, according to the United Nations World Food Program The U.N. forecasts that an additional 2 billion people will be lacking food by 2050. In addition, 1 in 3 people suffer from some form of malnutrition, which means they lack sufficient vitamins and minerals in their diet, which can lead to health issues such as stunted growth in children… Each year, poor nutrition kills 3.1 million children under the age of 5." Ann M. Simmons, “On World Hunger Day, a Look at Why So Many People Don’t Get Enough Food,” Los Angeles Times, May 28, 2017

"Roughly one-third of the food produced in the world for human consumption every year - approximately 1.3 billion tonnes - gets lost or wasted.

Food losses and waste amount to roughly US$ 680 billion in industrialized countries and US$ 310 billion in developing countries.

Industrialized and developing countries dissipate roughly the same quantities of food - respectively 670 and 630 million tonnes.

Fruits and vegetables, plus roots and tubers have the highest wastage rates of any food… Every year, consumers in rich countries waste almost as much food (222 million tonnes) as the entire net food production of sub-Saharan Africa (230 million tonnes)." UN Environmental Programme

"Stockholm, 2 May 2018) Total world military expenditure rose to $1739 billion in 2017, a marginal increase of 1.1 per cent in real terms from 2016, according to new figures from the Stockholm International Peace Research Institute (SIPRI)" SIPRI for the media Global military spending remains high at $1.7 trillion

"Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed" Dwight D. Eisenhower, “The Chance for Peace,” April 16, 1953, online at the American Presidency Project

"A record 65.6 million people are either refugees, asylum seekers or internally displaced across the globe, the UN refugee agency said" UN refugee agency: Record 65.6 million people displaced worldwide

"Just 100 companies have been the source of more than 70% of the world’s greenhouse gas emissions since 1988, according to a new report" Tess Riley, “Just 100 Companies Responsible for 71% of Global Emissions, Study Says,” Guardian, July 10, 2017

"Announcing the record fine at a press conference in New York, assistant attorney general Lanny Breuer said that despite HSBC"s "blatant failure" to implement anti-money laundering controls and its wilful flouting of US sanctions, the consequences of a criminal prosecution would have been dire. Had the US authorities decided to press criminal charges, HSBC would almost certainly have lost its banking license in the US, the future of the institution would have been under threat and the entire banking system would have been destabilize" HSBC’s record $1.9bn fine preferable to prosecution, US authorities insist 11 Dec 2012 The Guardian

"Barclays has been fined £290m ($450m) for trying to manipulate a key bank interest rate which influences the cost of loans and mortgages. Its traders lied to make the bank look more secure during the financial crisis and, sometimes - working with traders at other banks - to make a profit. Barclays said the actions "fell well short of standards". Chief executive Bob Diamond is to give up his bonus." “Barclays Fined for Attempts to Manipulate Libor Rates,” BBC News, June 27, 2012

“CFTC Orders the Royal Bank of Scotland to Pay $85 Million Penalty for Attempted Manipulation of US Dollar ISDAFIX Benchmark Swap Rates,” Press Release 7527–17, US Commodity Futures Trading Commission, February 3, 2017, http://www.cftc.gov/PressRoom/PressReleases/pr7527-17

Blackrock Profile - He serves as a member of the Board of Trustees of New York University (NYU) and the World Economic Forum, and is Co-Chairman of the NYU Langone Medical Center Board of Trustees. In addition, he serves on the boards of the Museum of Modern Art and the Council on Foreign Relations. He also serves on the Advisory Board of the Tsinghua University School of Economics and Management in Beijing and on the Executive Committee of the Partnership for New York City.

James Dimon - Bilderberg attendee, Trilateral member, CFR, used to sit on Federal Reserve Board

JpMorgan Chase Profile - James Dimon became Chairman of the Board on December 31, 2006, and has been Chief Executive Officer since December 31, 2005. He had been President from 2004 until 2018 and Chief Operating Officer from 2004 until 2005 following JPMorgan Chase’s merger with Bank One Corporation. At Bank One he was Chairman and Chief Executive Officer from March 2000 to July 2004. Before joining Bank One, Mr. Dimon held a wide range of executive roles at Citigroup Inc., the Travelers Group, Commercial Credit Company and American Express Company.

Mr. Dimon is on the Board of Directors of Harvard Business School and Catalyst; Board Member of the Business Roundtable; and a member of The Business Council. He is also on the Board of Trustees of New York University School of Medicine.

"The United States needs to ensure that we maintain a healthy and vibrant economy. This is what fuels job creation, raises the standard of living and creates opportunity for those who are hurting, while positioning us to invest in education, technology and infrastructure – in a programmatic and sustainable way — to build a better and safer future for our country and its people. And in a world with so many security threats and challenges, we need to maintain the best military. America’s military will be the best in the world only as long as we have the best economy in the world." Letter from CEO JPMorganChase Jamie Dimon to shareholders 2017

"He began his career in manufacturing with Ford of Europe in 1969, subsequently having a career in banking. He spent eighteen years with Citibank, ultimately as head of Citibank in Ireland and the United Kingdom. In 1993 he became Group Executive Director of Standard Chartered Plc. based in London and Hong Kong. He was Chief Executive of the Australia and New Zealand Banking Group Ltd. (ANZ), one of Australia's leading banks, after a decade of service, during which time he turned around the financial performance of the bank, and spearheaded an effort, called "Breakout", to transform the Bank. He retired in 2007.

In October 2008 he joined the board of the Royal Bank of Scotland as a non-executive director.He was appointed to the board of Aviva plc in September 2011 and became Chairman in July 2012. He was previously deputy chairman and chairman designate and became executive deputy Chairman in May 2012. He was president of the International Monetary Conference (the annual meeting of the heads of the world's major banks and central banks) and was chairman of the Australian Bankers' Association. While in the United Kingdom, he was a member of the Bank of England Financial Law Review Panel and in 1992, he chaired The McFarlane Report - the review of "The Future Development of Auditing in the United Kingdom and Ireland". More recently, he served as a member of the governing body of the Economics Research Institute for the Association of South East Asian Nations & East Asia. In December 2013, he was appointed Chairman of FirstGroup.

In September 2014, he was appointed Chairman of Barclays and joined the board with effect from 1 January 2015. He was appointed executive chairman of Barclays in July 2015" Wiki John Mcfarlaine

"With today's announcement of three additional members, the individuals on the Forum now include:


  • Stephen A. Schwarzman (Forum Chairman), Chairman, CEO, and Co-Founder of Blackstone;

  • Paul Atkins, CEO, Patomak Global Partners, LLC, Former Commissioner of the Securities and Exchange Commission;

  • Mary Barra, Chairman and CEO, General Motors;

  • Toby Cosgrove, CEO, Cleveland Clinic;

  • Jamie Dimon, Chairman and CEO, JPMorgan Chase & Co;



  • Larry Fink, Chairman and CEO, BlackRock;

  • Travis Kalanick, CEO and Co-founder, Uber Technologies;

  • Bob Iger, Chairman and CEO, The Walt Disney Company;

  • Rich Lesser, President and CEO, Boston Consulting Group;

  • Doug McMillon, President and CEO, Wal-Mart Stores, Inc.;



  • Jim McNerney, Former Chairman, President, and CEO, Boeing;

  • Elon Musk, Chairman and CEO, SpaceX and Tesla

  • Indra Nooyi, Chairman and CEO of PepsiCo;

  • Adebayo "Bayo" Ogunlesi, Chairman and Managing Partner, Global Infrastructure Partners;

  • Ginni Rometty, Chairman, President, and CEO, IBM;



"The Group of Thirty, established in 1978, is an independent global body comprised of economic and financial leaders from the public and private sectors and academia. It aims to deepen understanding of global economic and financial issues, and to explore the international repercussions of decisions taken in the public and private sectors. The Group is characterized by the extensive experience of its members and open-minded, forward thinking" Group of 30

"The Group currently has 30 members, in addition to 9 senior members and 17 emeritus members. They comprise a broadly even spread of persons holding current leadership positions in the public and private sectors and in the academia, with most having had prior public sector leadership experience nationally or internationally. At present, they include six current leaders within the central banking community, and several others who became members while they were central bankers." Group of 30

"The Trilateral Commission is a non-governmental, policy-oriented forum that brings together leaders in their individual capacity from the worlds of business, government, academia, press and media, as well as civil society… The Trilateral Commission was formed in 1973 by private citizens of Japan, Europe (European Union countries), and North America (United States and Canada) to foster closer cooperation among these core industrialized areas of the world with shared leadership responsibilities in the wider international system" Trilateral Commision

Atlantic Council - Members and funders (Oil, Arms, Tech, Banks, Governments, Foundations, Nato, Media etc)

"We have one overriding goal: to ensure that the US Army remains the preeminent fighting force in the world for the remainder of this century." September 20, 2016 The Future of the Army By David Barno and Nora Bensahel Page 1

"More long-term institutional support missions should be civilianized or contracted to free up both military and civil service manpower. For example, running scores of bases across the United States could be competitively outsourced to private contractors supervised by a small cadre of career civil servants." September 20, 2016 The Future of the Army By David Barno and Nora Bensahel Page 19

"The Nisour Square massacre occurred on September 16, 2007, when employees of Blackwater Security Consulting (now Academi), a private military company contracted by the US government to provide security services in Iraq, shot at Iraqi civilians, killing 17 and injuring 20 in Nisour Square, Baghdad, while escorting a U.S. embassy convoy." Wiki

"An East India Company approach would use cheaper private solutions to fill the gaps that plague the Afghan security forces, including reliable logistics and aviation support. The U.S. military should maintain a small special-operations command presence in the country to enable it to carry out targeted strikes, with the crucial difference that the viceroy would have complete decision-making authority in the country so no time is wasted waiting for Washington to send instructions. A nimbler special-ops and contracted force like this would cost less than $10 billion per year, as opposed to the $45 billion we expect to spend in Afghanistan in 2017." Are Mercenaries Really a Cheaper Way of War? Blackwater founder Erik Prince says privatizing the 16-year war could save taxpayer money. History, both recent and farther back, suggests a different outcome. The Atlantic August 9th 2017

"G4S (also known as Group 4 Securicor) is a British multinational private security company headquartered in London, England.[3] The company was set up in 2004 when London-based Securicor amalgamated with Danish firm Group 4 Falck. The company offers a range of services, including the supply of security personnel, monitoring equipment, response units and secure prisoner transportation. G4S also works with governments overseas to deliver security services." Wiki

"While I was there, I saw the Iraqi soldiers come into the hospital with guns. They took the babies out of the incubators, took the incubators and left the children to die on the cold floor. It was horrifying. I could not help but think of my nephew who was born premature and might have died that day as well. After I left the hospital, some of my friends and I distributed flyers condemning the Iraqi invasion until we were warned we might be killed if the Iraqis saw us.

The Iraqis have destroyed everything in Kuwait. They stripped the supermarkets of food, the pharmacies of medicine, the factories of medical supplies, ransacked their houses and tortured neighbors and friends.

I saw and talked to a friend of mine after his torture and release by the Iraqis. He is 22 but he looked as though he could have been an old man. The Iraqis dunked his head into a swimming pool until he almost drowned. They pulled out his fingernails and then played [sic] electric shocks to sensitive private parts of his body. He was lucky to survive.

If an Iraqi soldier is found dead in the neighborhood, they burn to the ground all the houses in the general vicinity and would not let firefighters come until the only ash and rubble was left.

The Iraqis were making fun of President Bush and verbally and physically abusing my family and me on our way out of Kuwait. We only did so because life in Kuwait became unbearable. They have forced us to hide, burn or destroy everything identifying our country and our government.

I want to emphasize that Kuwait is our mother and the Emir our father. We repeated this on the roofs of our houses in Kuwait until the Iraqis began shooting at us, and we shall repeat it again. I am glad I am 15, old enough to remember Kuwait before Saddam Hussein destroyed it and young enough to rebuild it

Thank you." Nayirah testimony, Video


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