Thoughts on the ladder of evil.
Hedge funds and ‘family offices’ are the purest expressions of the will of rich demons. They don’t pretend to need customers.
NGOs and foundations are the swarming branch of ‘family offices’. Historically the foundations were the first to adopt evil ideas, and the first to spread those ideas into universities and corporations and governments. The Rockefeller Foundation became the postwar Deepstate. The Heritage Foundation gave us Romneycare, rebranded as Obamacare, which was the necessary prerequisite for the 2020 NAZI TORTURE. Medical care needed to be mandatory before MURDEROUS medical care could be mandatory.
DEI and Maoist identitarian shit started in foundations, moved into public-facing NGOs like YWCA, then spread into universities and corporations and government.
This process metastasized in the 2000s as free money removed all constraints from the ‘family offices’ and NGOs and academic endowment funds.
Parkinson says that bureaucracies will accelerate into insanity and evil UNTIL they bump into a hard boundary of resources. During the acceleration of QE/ZIRP from 2001 to 2021, there were no restrictions at all. The lunatics didn’t need to request money from donors who might disapprove, and they didn’t need to worry about losing profits in a failing company. Failure was impossible. Customers and employees and human donors were totally unneeded. The government would instantly refill the bottomless cup, as it did in 2008 and 2020.
When Jerome Powell stopped the music, the NGOs continued Wileying for a while, but now they’re running out of inertia. Gravity is returning to the world. Negative feedback (also known as LIFE) is in control again. Human donors must be asked, and total losses are no longer made good by Bugsy Bernanke.
