Sunday, March 23, 2025

The Corporate House of Cards.©

How Global Corruption Became the Norm

If you thought Arthur Andersen and Enron were the first to expose the rot at the heart of globalist corporations, think again. They were simply the ones that got caught in an era where corporate fraud became too big to ignore. Their collapse in the early 2000s wasn’t a wake-up call, it was a moment of reckoning, exposing a system where deception had become not just common but expected. If anything, Enron’s implosion set the stage for even greater financial scandals, proving that corruption wasn’t just an anomaly but a feature of the global economic machine. I clearly recall having first hand knowledge in the investigation. 

Before Enron: The Blueprint for Corporate Deceit

Long before Enron cooked its books and Arthur Andersen shredded the evidence, we had corporate scandals that shook entire economies. One of the earliest was the South Sea Bubble (1720) - a British stock scam where investors were lured into a fraudulent trading scheme, only for the company to collapse, wiping out fortunes and credibility in one stroke.

Then came the Great Depression-era frauds, where companies like Kreuger & Toll, led by the so-called "Match King" Ivar Kreuger used complex financial schemes to manipulate stock prices. Sound familiar? He essentially ran a Ponzi scheme at a global scale before Bernie Madoff was even a thought.

Fast forward to the 1980s, and we get the Savings & Loan Crisis, where over 1,000 banks in the U.S. collapsed due to reckless lending and fraudulent accounting, costing taxpayers over $160 billion. Then there was Michael Milken and the Junk Bond Scandal, which epitomized the greed-fueled excess of Wall Street.

Enron & Arthur Andersen: The Ones That Got Caught

By the late 1990s, the game had changed. Globalization meant corporations could stretch their influence across continents, hiding financial misdeeds in a maze of subsidiaries, offshore accounts, and shadowy accounting tricks. Enron perfected this art, using Special Purpose Entities (SPEs) to hide debt and inflate profits while Arthur Andersen, a supposed pillar of financial integrity stood by, rubber-stamping the lies.

When Enron collapsed in 2001, it wiped out $74 billion in shareholder value, destroyed thousands of jobs, and took down Arthur Andersen with it. But did it stop corporate fraud? Far from it. If anything, it set a precedent: get caught, take the fall, but don’t expect the system to change.

Post-Enron: The Rise of Even Bigger Scandals

What followed was a parade of corruption on a scale that made Enron look like amateur hour.

2008 Financial Crisis: The global banking elite Lehman Brothers, AIG, Goldman Sachs, created the subprime mortgage bubble, leading to a financial collapse that wrecked economies and forced governments to bail them out. Unlike Enron, most of the culprits walked free, proving that "too big to fail" also meant "too big to jail."

Volkswagen Emissions Scandal (2015): VW, a pillar of German engineering, admitted to rigging 11 million diesel vehicles with software that cheated emissions tests.

Wirecard (2020): A German fintech giant with a $24 billion valuation was revealed to have fabricated $2 billion in profits, making it one of the biggest frauds in European history.

FTX & Sam Bankman-Fried (2022-23): A modern-day Enron in the crypto world, where billions vanished overnight.


The Globalist Takeover: Corruption as a Business Model

Today, corporate fraud isn’t the exception, it’s the rule. The bigger the corporation, the more intricate the fraud. Globalist enterprises have mastered the art of regulatory capture, where they not only evade oversight but write the rules themselves.

Enron and Arthur Andersen weren’t the beginning of corporate corruption, they were just proof that the game had evolved. The lesson? The larger and more interconnected the corporation, the harder it is to hold accountable. And in this system, even when the house of cards collapses, the architects always seem to land on their feet, leaving the rest of the world to clean up the mess.

A World Run by Liars in Suits

If history teaches us anything, it’s that corporate fraud doesn’t disappear, it just adapts. Whether it’s the South Sea Bubble, Enron, or the 2008 financial crash, the game remains the same: create wealth on paper, cash out before reality hits, and let someone else deal with the wreckage. And as long as the world remains addicted to unchecked capitalism, corporate corruption will keep finding new ways to thrive.

The real question isn’t whether there will be another Enron. It’s whether anyone will be left to stop it when it happens again.

The Gentile!

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