George Soros | Occupy World Writes

With threats of homelessness and bankruptcy in the air as the eviction moratoriums subside, both renters and small landlords are getting pinched by predatory tech capitalism as the gig-economy hits the real estate market.

By Raul Diego. Published 9-23-2020 by MintPress News

In 2014, former Blackstone and Goldman Sachs investment banker Ryan Williams got together with his “college buddy,” Joshua Kushner – Jared’s brother – to form a real estate investment platform they called Cadre. Cadre sought to disrupt the real estate industry in the wake of the 2008 subprime mortgage crisis by tinderizing property deals through a tech platform that brought investors and sellers together. According to Williams, whose other investors include George Soros and Peter Theil, Cadre’s mission is “to level the playing field in an industry that is often tilted toward the biggest players” by taking an “offline” industry online and making it “transparent.”

A pre-Covid initiative to capitalize on its platform came in the form of the so-called “opportunity zones,” that Jared Kushner directly lobbied for inclusion in Trump’s 2017 Tax Cut and Jobs Act, billed as a funding mechanism to help poor and distressed communities, which turned into a multi-billion-dollar land heist by the wealthiest Americans, like the Kushner family. The pandemic lockdown protocols forced Cadre to downsize, laying off 25 percent of its workforce in March. Continue reading →

Billionaire investor says there is serious threat of tech giants and authoritarian states teaming up to “bring together nascent systems of corporate surveillance with an already developed system of state-sponsored surveillance.”

By Jake Johnson, staff writer for CommonDreams. Published 1-26-2018

“The power to shape people’s attention is increasingly concentrated in the hands of a few companies,” Soros said. (Photo: Wikimotive)

In addition to warning that U.S. President Donald Trump represents an immense “danger” to civilization, billionaire George Soros used the spotlight of the World Economic Forum in Davos, Switzerland on Thursday to urge the international community to take seriously the threats posed by Facebook and Google, which he said could ultimately spawn “a web of totalitarian control” if they are not reined in.

Particularly alarming, Soros said, is the prospect of Facebook and Google—which he scathingly deemed a “menace” to society—teaming up with “authoritarian states” to “bring together nascent systems of corporate surveillance with an already developed system of state-sponsored surveillance.” Continue reading →

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Tag Archives: George Soros

Kushner-Linked Firm and Gig Economy Set to Reap Huge Profits as Mass Evictions Begin

With threats of homelessness and bankruptcy in the air as the eviction moratoriums subside, both renters and small landlords are getting pinched by predatory tech capitalism as the gig-economy hits the real estate market.