Societal-Engineered Super Conglomerates

This is a post that I’ve wanted to make for a long time. Today, I’m going to talk about these super conglomerates in America that dominate the world. The proper terminology for these companies is “multinationals.”
A multinational is a company operating in several countries.
This list features 10 multinationals that have once filed for bankruptcy. However, bankruptcy doesn’t mean that a business is kaput. These companies file bankruptcy to wash their hands of losing endeavors. However, my list was posted to show that even multinationals have been run by inept businesspeople.

Now, let’s get to the social-engineering. Many of these enterprises spent most—if not all—of their fiscal years in the red, hence why we see so many acquisitions and mergers taking place. These companies are allowed to maintain their prestige thanks to media promotion and governmental isolation. For up-and-coming start-ups, they face many roadblocks. There are legal requirements that must be met, and business relationships have to be formed before the barrier of entry is even broached. However, often, these start-ups find that they face difficulty in establishing the business relationships that will allow them entry into the marketplace.
Furthermore, restrictive legal parameters negate their efforts. Finally, raising capital is another major hurdle. Furthermore, in the Black community, many financial institutions refuse to provide the necessary capital. Also, socially accepted saboteurism is in place to discredit one’s efforts. Finally, if all else fails, bailouts are provided. Our government gives money to accepted conglomerates to keep these enterprises afloat. In the event of a significant organizational setback, our government pumps more fiat currency into existence to give to these companies to bail them out.
Now, I won’t just talk in the abstract. I’ll get practical. Wells Fargo was bailed out from the financial crisis of 2008. Wells Fargo participated in the subprime mortgage lending scandal that was spearheaded by our government. The roots of subprime mortgage lending started in the late 1960s. Anyway, this allowed Wells Fargo to maintain its multinational status. Yet, in 2014, Wells Fargo was already back to delivering subprime loans; this time, they participated in auto loans. They were sued and settled over this too. However, despite the numerous scandals concerning Wells Fargo, it’s still considered a prestigious financial institution in good standing.
Lastly, I’ll give a little history of the founders of Wells Fargo. The founders are Henry Wells and William Fargo. However, I’m going to focus on Henry Wells.
“Henry Wells, (born December 12, 1805, Thetford, Vermont, U.S.—died December 10, 1878, Glasgow, Scotland), a pioneering American businessman who was one of the founders of the American Express Company and of Wells Fargo & Company. -Britannica”
Now, Vermont had slavery from 1777-1810. So, slavery ended by the time Henry was 5. However, he’s the 7th generational descendant of Thomas Welles.

“Thomas was one of the most important and influential men in Connecticut. On his arrival in Hartford, he was immediately made a magistrate of the colony at the General Court, serving in that position 1637 to 1653. He was Treasurer of the Colony 1639, 1648, 1649, and 1650; and Secretary 1641, 1643, 1644, 1645, and 1647. He lived in Hartford until 1646 when he removed to Wethersfield.

He served as Moderator in February 1654, following the death of Governor John Haynes, Deputy Governor Hopkins, then being in England. He was elected Deputy Governor 1654, 1656, 1657, and 1659, and was Governor of Connecticut in 1655 and 1658. He was a Commissioner of the United colonies 1649, 1654, and 1659 he was on the war committee for Wethersfield in 1653. -Founders of Hartford”

“Slavery in Connecticut dates as far back as the mid-1600s. Connecticut’s growing agricultural industry fostered slavery’s expansion, and by the time of the American Revolution, Connecticut had the largest number of slaves in New England.

Connecticut passed the Gradual Abolition Act of 1784, but this act did not emancipate any enslaved persons, only those who would be born into slavery and only after they reached the age of 25. This gradual process meant that slavery in Connecticut did not officially end until 1848—long after many other Northern states had abolished the practice. -Connecticut History”

So, although it’s not explicitly mentioned, it can be reasonably assumed that Thomas Welles owned slaves. Thus, Henry Wells’ family owes a debt of gratitude to the fortune Thomas Welles amassed and the slaves that labored under him. Also, this serves to give further credence to what I hinted at earlier in this post. Accepted individuals and companies are assigned preferential treatment that removes blockages and isolates their area.

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