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the hello, i'm manila chan you are tuned into modus operandi. land barons, systems and era of vassals, lords, freeman, and peasants. that was 13th century european, medieval society, commonly known as a futile system. all right, so that was then, this is now. so how far has modern society actually comes in this capitalistic society? we'll discuss it. all right, let's get into the about the all right? so wherever was talking about bitcoin and these other coins, these days, new crypto is being invented at a center every day. but that's not where the super rich are parking their greenbacks. they're buying a land. crypto comes and goes, i mean,

just look at the international f t x scandal. stocks crash, but land. that's a safe bet. that's why, for centuries the leads around the world for generations have been buying up land as their preferred investment land. a real property are often slow to appreciate, but slow and steady wins the race right way. and that's how generational wealth is created and how the task system is still in place today. modern day land barons now will be united states, as they did in europe, centuries ago. the laws and systems in place ever since all around the world create the perfect environment to continue a futile state in the skies. so joining us to discuss as someone who has been monitoring global trends around the world from economics forecasting to social

change over the last 430 years. gerald salenti is the publisher of the trends journal, and he is now joining us out of new york. so gerald, of a 2016 study by and why you were kind of as edward wolf found that the top one percent in america was 40 percent of this country's non home real estate. the next 9 percent owns another 42 percent of the real estate. so already that's 82 percent. the remaining 90 percent of the population owns just 18 percent of the countries available. real estate. have we quiet, we slipped back into the era of land barons. oh, it's bigger than that. you know, the numbers that you mentioned, you just keep putting me across the board. take a look at the thing called the stock market. one percent. oh is 54 percent. put the 10 percent together. they own 90

percent. so yeah, the biggs buying up everything, whether it's land, you know, when i was a young guy, these f things go grocery stores, hardware stores, stationery stores, drug stores, gone big zone at all, change drug change, hardware change, grocery chains, drug store chains. so the, that's just an element of what's happened to the country and the big z a bought buying it up. every thing in the middle class is shrinking. a article just came out . shares of us shares of adults to us middle class has decreased considerably since 1971. and this is by uh, repeal research. so it's not like

a made up thing here. and um you have it in front of everybody's eyes. the upper income is getting richer and the rest of the people getting for microsoft founder bill gates through his red river trust has recently become america's biggest private individual owner of farm land. he just recently bought up 275000 acres. now the last time i checked, gates wasn't a farmer. so what gives it's about the power hungry venture of life is one after another. you're buying up everything on everything. and you look at the companies that control so much so few controls so much, you know, once upon a time they were anti trust laws in america with a big split known everything. so this is just an extension of who they are. and it's part of what america is,

because i call us nothing more than plantation workers on the plantation of slaves land. yeah, and that's all, that's all it is. so again, you have to look at the whole big picture. you go to where you drive an amazon truck to make a work work at the walmart. how about they can get a job that loans. so i'm just saying this is, it's part of the whole picture. the land is just one of the many areas that they own from equities, to land. oh, and another important thing that they own. let's not forget that they own the politicians. look how much money in george soros is pointed to elections in the united states. you want to run for as a loser in texas, and your name is beta low rock and you spent a $100000000.00 to lose the governor's race. where did you get the dollar from? so that's what it is. this isn't

a land of the free anymore. it's the land owned by the banks at every different level. i forgot the banks, have few banks on most of the bank money in america. so geral, americas to top land owners are telecom baron john malone. he owns 2200000 acres, then media mobile ted turner. he owns a cool, 2000000 acres. he's coming in 2nd. but internationally, they've got nothing on the late queen elizabeth, the 2nd whose total global land ownership comes in at a staggering 6 point. 6000000000 acres. that's where the b 1000000000. so by contrast, king abdullah of jordan owns only about 550000000 acres. so the late queen, i mean, maybe now that that gets passed down to king charles, i don't know how that works,

but she was far and away the world biggest private land owner. what does this say about how far we've actually come in our economic system? i mean, we say it's capitalism, but when you assess the land, this looks like feudalism. yes. when you assess the land, it is feudalism and the land is only just one part of it. it's a futile system. it get, you have one percent in the united states on 54 percent of the equity markets. look what happened when the queen is dead, like it's a big deal. you know, she's better than the rest of us. if you mother father says the brother, friends die, who gets oh, but if you're a celebrity or a queen, oh my god, you died. you know, so that's what's happened and it's, it's take over all across the glow. the rich, you don't have to believe me. how about the latest thoughts, sam report?

it just came out as the davos meeting happened. what was it the billionaires got? how much richer? $27.00 trillion dollars richer. in 2 years. i want to make this really clear. this is better than the feudal system. for the feudal owners, because when there was real slavery, you had a, how's the men see the this is a much better deal. now you work for peanuts and you got just enough money, g, e, and lives you go deep in debt any way and they get back to work because we're paying enough. so this is the new futile system. as i said, all we are, are plantation workers on the global plantation of slaves land the, the numbers say it again, don't believe me. ask ok. so all right,

back in 2012 scotland was pushing for independence from the u. k. now that measure failed by a very narrow margin, but around the same time, the scottish government commissioned a study that turned out a recommendation that the government should develop laws around what they called upper limits on land ownership by. and this is a quote, a private owner or single beneficial interest. so this recommendation was reviewed by the leading tory party in the u. k. so that fell flat torres saying this is counter to the magna carta. what do you think of development of such a law over there? maybe here, internationally. it was something worth considering the negative end of it always when the government gets involved in something. you know, it's always a losing cause to the people. so often they may do something like that, you know,

they'll be, yeah, it, it never works out what, what the, with a real bigger issue is, is i see it again. it's how they've done away with so many anti trust laws all around the world, particularly in the united states do stuff. i think all the robinson happened extra magic was just that clayton anti trust that oh and i forgot the glass steegal that you know that the bags there's got bigger on show think i'm saying is it we need a whole new system is think it all of the system of development, because the way the situation is right now and allowing these few to own so much it's, it's not going to change with just the law like that. and you mentioned the for example of ted turner, which the she a, that look how many companies control the entire u. s. media,

what is it 5 or 6 that control over 90 percent of it again, doing away with all those laws. oh, and you get an ag bill clinton for that one. the 1996, there were communications that before that sounds as if people all across the country on television stations, radio stations on and on. and then the big started taking over everything. so again, what this is, it's, it's a much bigger issue than the land. and most people have no idea about how much they are losing and how the fuel gaining so much. whether it's land, civil rights, any other issue of good? how could you call america a democracy? when it is, you don't have a lot of money and you're not backed by the bigs. you're not going to win an office of any kind of significance in this country. it's all about the bottom line. and

the very top owns the country, the numbers are there, the facts are there again, the latest studies showing how the middle class in america keeps shrinking and shrinking and shrinking. oh, and i forgot you talking about buying a land. how about all those quote, investment firms that buy up the homes almost 20 percent of them and rent them out to the plantation workers because they can't afford to buy their homes. so again, it's across the board that the few on so much funny you should bring up. they don't or work. uh, but it was father in law is actually one of the biggest property developers in south texas. so there you go. all right, we'll hold it right there. coming up next. the roman catholic church is scrutinized . once again. this time for the amount of land, the fail worldwide. we'll discuss it when we return with gerald salenti. sit tight,

the m. o will be right back. the the move when i would show the wrong

just don't safe house because the application and engagement equals the trails. when so many find themselves will support. we choose to look for common ground, the the the welcome back to the m. o. i am a know a chance. so in recent years, the catholic church has faced a lot of backlash and criticism on allegations of sexual misconduct by its priest. but now, people are starting to notice something else. they own

a whole lot of land around the world. and gerald valente, the publisher of trends journal, is back with us. so gerald, in india, outside of the government, the biggest land owner is actually the catholic church of india. they own tens of thousands of acres across the country. now globally, the roman catholic church is the biggest non governmental entity to own land. they own around $70000000.00 hectares of land. uh, that's a 173000000 acres of land. if i did the math correctly, why does a religious organization need to own so much land? you know, it's not, it's the whole, the whole game is changed to get. uh huh. what are they giving back to the people? you know, i was raised catholic, always a catholic school, the whole thing, you know, and uh, what, what are they, what are they giving to the people? and so there's another ad goes to this whole thing and all the land that they own.

they don't pay taxes, that's the other, that's the other part of it. and whether it's the, whether it's the schools or the universities are. busy of these, you know, private, all these, these organizations that don't pay taxes, you know, it's, it's a scam and you know, and talking about, you know, what they, what they own, as well as the catholic church and all of that. you know, we're all the religions by the way, with the, with this ukraine weren't going on. we're any of them talking about peace. you know, there's a thinking america called the pledge allegiance, i pledge allegiance to, to the republic. i pledge allegiance to the flag of the united states of america to the republic for which it stands, one nation under god, indivisible, liberty, justice rule. what nation under god wants? what? so what, what do we have in the catholic church is about money and power and that's all it is that you mean that they're not giving back. and they own so much. but again, it's, it's not only damage issue, it's just, it's all of these, these,

these religious and universities that keep taking in money, taking the money, taking the money and don't pay taxes. so it would appear that the wealthy look at land just like any other asset in their portfolios. but is it just another asset class or is there more meaning behind land and property ownership? bigger property owner is, is, is real where it's that is, is buying real estate. you know, real estate has its ups and downs, but in the long term it just keeps going up. so that's why a lot of what they're buying as well. you're buying it for investment purposes, knowing that the price is going to go up. so that's another big part of it. and yeah, i was just to, this is off not what we're talking about, but very, very important because it also has to do real estate in a different way. you know, it should stay want you to call it one more people are working at home. and you

have an office occupancy rate in the united states, according to castle that's spelled with a k at 50.4 percent in los angeles. the biggest uh office developers is just cannot pay one of their uh, loans that just came up the defaulting on it. there's going to be an office building bus in this country, the likes of which you've never seen. because people are going back to work businesses what it used to be. so rather than having 15 floors in a building person will say listen, stay home, work from home. you can come in 2 or 3 days a week. i only need 4 floors anymore. this is going to be really big. so i'm just mentioning that as a whole nother aspect and thinking about real estate. because the reason they're buying well, the real estate in the land is because real estate, some money maker, values keep going up. and they also know that is going to be more and more big doing the farming unless the rest of the little people,

so they can get all they want for the farm property and everything else. so that's why they're buying that. but i also want to put the bigger picture into it, and this isn't all you go to happen to the united states is happening around the world. whether it's in london or berlin, whether rich in rome or paris, less than less people are going back to work. and all those businesses that dependent on commuters, on not going to do very good in all those very rich that own all those big office building is going to do very bad, particularly by. ready way as interest rates go up, they have to pay more in their adjustable rate loans. right. but for the average person, home ownership, land ownership is something that can be generational. and as you know, they say god isn't making anymore land. so what do you, what do you say to that? and again, land has his priorities value if it's a particularly farm land. and you're seeing all the problems going on with weather changes and,

and less and less crops coming from here and there. so they want this land for what it is. and again, the value keeps going up. you look at real estate, you know, it's, it's a, it's a, a winner investment. one of the things in my life that i wish i did when i was younger was bought more real estate. he just started doing it till so i was much older and it's been very, very beneficial. so you, you, the populations are huge. you have to see the people and they're buying up all of this farm land because they know the value of it. and the value, you know, the value made zip for a little bit. you know, when you have restrictions and depressions. ready long term it just keeps going up . so the more they own, the richard they get and they love being very rich because look at the pipe, peanuts i think, give back to the people. we're having here are worth a 100. $20000000000.00. $18000000000.00. a is a couple of pennies i call it, you know, donations. so they're power hungry and, and uh,

and hungry for money. so they're doing it for themselves. now speaking of portfolios, rates, these real estate investment trust, they own over 15000000 acres of timber land across the us. um, around 503000 properties that includes things like apartment, buildings, hotels, businesses, a commercial office buildings and so forth. collectively, according to nar rate, the national association of rates rates own around 4 and a half trillion dollars in gross assets across this country. and this number's only growing the re argument is that this allows people to invest in real estate without having to actually be an owner operator of a property. but on the flip side, doesn't the gross or popularity of rates actually increase the number of these of the so called permanent renter class. a permanent regular class is the new way of

america. you have young people more and more. you look at the numbers, they're moving in with their parents. now it when, when i was a young guy to be one of the get out of that house and never your department can't do it anymore unless you get a couple of friends with you as well. and again, these rates and what you're talking about, again when i was a young guy, you know, reach, there were no private equity groups. they went to hedge funds. this, this is all new. we know vesting capitalism. capitalism do this is all new. and so the controlling more and more again, the look at the black stones buying up all of those houses and these other groups and then renting amounts of the people because they know they can't afford to buy them. this is the new way of america. and again, as i said earlier, it's not only in the sector, it's from, it's from grocery stores, hardware stores, stationery stores, drugs stores,

their own buy chains. and so the chains own everything and the people and nothing more than plantation workers that are owned by the chains. and again, the politicians sold out the public with all the de regulations of the laws that were put in place that the anti trust laws and others that would prevent this. but the reason that the politicians did it, it's a thing called what moron is an imbeciles called campaign contributions. that adults and people that could think for themselves for bribes and pay offs. so through the bribes and payoffs, they've destroyed what america used to be. as my ancestors called it, the land of opportunities. and so was part of the so called american dream. it was to own a home,

a small plot of land that seems increasingly more difficult if not impossible to reach is the american dream dead? the american dream is dead, has been killed in a number of ways, not just through the deregulation of all of these anti trust stacks that made the big zone with every thing. but it's also, it's america's mentality. the business of america is war. and it and, and that's where they're putting the money into it. they're not putting it into the people into the look at the infrastructure of the country riding in front of us like that, train derailment in ohio. and that's what do they have a 1000 train derailments a day, according to the numbers. so the country's going down, this is not the america that i grew up in. and you don't have to believe me once

upon a time. it was a man by the name of dwight d eisenhower. 5 star, general supreme commander, the allied forces were award to any one's the american people that the military industrial complex, his robbing the nation of the genius of the sciences, the sweat of the laborers and the future. the jealous is this of what a $120000000000.00 do you great. as the people can't afford to pay their rent. i have homeless people across the street from me. sitting in the doorway is all over the place. been to l. a. is it lovely? how about i left my heart in san francisco with all the homeless people all over the place. now they've destroyed america in so many different ways. and they did the countless, the countless, the countless trillions of dollars that had been spent by the war machine. the military industrial complex that the white, the eyes now also one of the barrels on his farewell address. on january 17th, 1961 i've taken out of the country. oh,

you don't have to believe me. look at the guy just playing out of defense. secretary lloyd austin, what was his last job or we shot on the board of directors, racing on the 2nd largest defense contractor in america. now is our secretary defense to know the american dream is being killed by will be killed by. busy by politicians are only concerned about themselves and not with the people as also the problem with the people, because they don't stand up and fight. and so it's the people of our are getting what, what they're being said, and they're not standing up. so it's, it's a, you know, it's, it's, it's, comes to both sides. gerald, thanks so much for sharing your insights with us. also tell everyone how we can find more of your work. you can go to trends journal dot com trends. journal dot com. so you can read history before it happens. thank you for that,

gerald. so empty. all right, that's going to do it for this weeks episode of modus operandi the show that dig deep in the foreign policy. i'm your host manila. chad. thank you for tuning in. we'll see you again next time to figure out the m. o. the the 2nd was affected millions of people, the during the consulate. the

balance of power was held by the leaders of 3 nations. the united kingdom, the united states and the ussr died in the defense that the men tried crush 13 stop us because hitler was weak and new england we had, he was bluffing. he was a major political figure. certainly one of the most prominent political leaders of the 20th century when he went to the port, the germans had of the germans. when we set forth the russians and that way, let them destroy each other. there was that kind of extensive it in the west at this time, the redrawing of european, both britain and the united states. but then, just to the plan to attack the usaa saw, survive, russia has to be sacrifice a jesus should be like, the rest may stuff for from us as the lot so much for the little invention. always hold. no. why not? the cold war?

the guns the headlines right now with all the international. i think of the anti, the u. k becomes the 1st country to agree to send to ukraine long range missiles for the british are transmitted to refuse, just to say whether there are any restrictions on what or where to fill out the target. 3 year old for to that line, i was sleeping in this grid. when you create a national this truck, this house on a 3rd people fueling caves, war effort with increasingly powerful weaponry. but don't have to quit public is