Do you know what Saudi Arabia's Public Investment Fund cannot buy? The Green Bay Packers

The Packers have one of the best, if not the best, ownership structures in all of sports. 

Earlier this week, when LIV Golf, backed by Saudi Arabia’s Public Investment Fund (PIF), and the PGA Tour agreed to merge, pending government approval, the news sent shockwaves not only throughout the golf world but the entire sports world, in part because the country will have its financial fingerprints all over the global game of golf. 

PIF’s financial takeover of the PGA Tour is not the sovereign wealth fund’s only foray into the sports world. For instance, PIF bought an 80 percent stake in Newcastle United of the English Premier League in October 2021 and recently took majority control of four Saudi Pro League soccer clubs, including Cristiano Ronaldo’s club Al Nassr. I am skeptical that those investments will be PIF’s last in sports. As of December 2022, the NBA allows sovereign wealth funds, such as PIF, to buy shares in NBA teams, pending league review and NBA Board approval. 

Could the PIF eventually buy equity in an NFL team? Maybe, but they will never be able to purchase any shares in the Green Bay Packers as it stands today.

The NFL currently does not allow sovereign wealth funds, public companies, or private equity investors to buy any shares of an NFL team, with the lone exception being the Packers, a publicly-owned nonprofit entity (more on this below). In other words, only an individual, or a group of individuals, can buy shares in an NFL team, and “the lead investor of an ownership group must have at least a 30% equity stake in the purchase, which in reality these days means billions in ready cash,” according to Bloomberg.com

However, Bloomberg reported in March that a group of owners planned to lobby at the 2023 annual league meeting for PE firms and institutional investors to throw their hats in the ring and buy stakes in NFL teams. No official discussion took place, but interestingly enough, Albert Breer of Sports Illustrated noted in his latest mailbag, after speaking with “a couple team president types,” that “I don’t think it’s out of line to consider the idea that [PIF] could someday bid on an NFL team, and maybe even buy one.” Why? Because of soaring team valuations, which will therefore decrease the number of buyers that can afford to buy an NFL team. 

“Today, the NFL can still say no, because there are buyers willing and capable to pay the freight (Seattle could have Jeff Bezos and Steve Ballmer bidding). But eventually, that well will run dry, and the league will have to change its rules, and probably welcome in parties that it traditionally wouldn’t to keep raising the stakes on what these teams are worth. Which is where the Saudis would eventually have their shot.”

So while you may scoff at the prospect of Saudi Arabia continuing to sportswash, rest assured that any potential sportswashing will not happen in Green Bay. 

As stated above, the Packers are a publicly-owned non-profit entity, a status they have held since 1923, unlike any other NFL team because the Packers were grandfathered in. The corporation is overseen by a seven-person executive committee and a board of directors. The Packers have hosted six Common Stock sales in their team history (1923, 1935, 1950, 1997, 2011, and 2021). The latest stock offering raised over $65 million, which benefited construction projects at Lambeau Field. There are approximately 5.2 million shares of the team, owned by at least 537,000 individuals. One shareholder cannot own more than 200 shares of the team’s Common Stock. Put another way, the highest percentage that one individual shareholder could own of the team, at this point in time, is 0.00003846153. 

Owning a share of the team, which cost $300 in the latest stock sale, comes with two tangible benefits: the opportunity to vote at the annual shareholders meeting (one vote per share) and the opportunity to buy “exclusive shareholder merchandise.” As such, owning a share of the team, which can only be done by individuals, does not yield a profit through dividends to any of the shareholders, and the money that one spends to buy a share(s) of the team is not tax deductible. Not to mention, one’s share, or any shares for that matter, cannot be transferred or resold. 

However, a share(s) can be transferred to a member of a shareholder’s “immediate family” via gift or in the event of death. The team has the right of first refusal to repurchase a share of team stock at a price of $0.025 per share (i.e. less than a penny on the dollar) if a shareholder otherwise tries to impermissibly transfer his or her Common Stock share(s). In sum, “there is no public market for the Shares, nor will such a public market develop.”

And if Green Bay Packers Inc. were to ever dissolve or liquidate, a doomsday scenario no doubt, “the profits and assets of the Corporation must go to community programs, charitable causes, and other similar causes.”

The aforementioned information may not necessarily come as a surprise, but it is a reminder that the Packers have one of the best, if not the best, ownership structures in all of sports. 

 

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__________________________

Rex is a lifelong Packers fan but was sick of the cold, so he moved to the heart of Cowboys country. Follow him on Twitter (@Sheild92) and Instagram (@rex.sheild). 

__________________________

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Comments (76)

Fan-Friendly This filter will hide comments which have ratio of 5 to 1 down-vote to up-vote.
mrtundra's picture

June 09, 2023 at 12:18 pm

The Saudis helped finance the 9-11 attacks on the USA. Our intelligence gathering entities say that the Saudi Crown Prince gave the order to kill American journalist Kashoggi. That's all that needs to be said.

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Since'61's picture

June 09, 2023 at 12:39 pm

Agree Mr. Tundra - if and very likely when the NFL caves in and allows the saudis to get involved with NFL ownership at any level I'm done with them. It will be the ultimate proof that money means more to them than anything else. Thanks, Since '61

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LambeauPlain's picture

June 09, 2023 at 02:13 pm

'61, are you done with the NBA now? The CCP is deeply involved corrupting whatever principles the NBA possesses. The Saudis are pikers compared to the CCP.

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Leatherhead's picture

June 09, 2023 at 02:36 pm

Lambeau Plain, unlike the old Westerns I grew up watching, it's not good guys and bad guys. It's bad guys and worse guys. Nobody is pure.

Still, the Chinese are pretty bad, and we do lots of business with them. Slavery and genocide are bad things. Creating a virus and releasing it on the world where it killed millions is a bad thing.

It doesn't make the Saudis good guys, but it does offer a little perspective. They are not our friends. Neither are the Chinese, or the Ukranians, or the Russians, or the Iranians.

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barutanseijin's picture

June 09, 2023 at 03:16 pm

That’s justified ignorant & racist nonsense, LH.

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Leatherhead's picture

June 09, 2023 at 03:18 pm

Why don't we let people decide that for themselves?

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dblbogey's picture

June 09, 2023 at 06:16 pm

Calling him racist means you have no argument.

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Oppy's picture

June 09, 2023 at 06:51 pm

No; claiming that someone saying something is racist means they have no argument only means you're trying to brush off the existence of racism.

Let me be clear about this, I don't agree with the comment about it being racist- I think it's pretty clear he was talking about governments and not people of a certain ethnicity- but if someone IS racist, calling it out doesn't mean "you have no argument".

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The_Baloney_Stops_Here's picture

June 09, 2023 at 07:04 pm

When you have no rebuttle just call em a racist right? Smh.

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Swisch's picture

June 09, 2023 at 04:50 pm

Leatherhead, it seems to me there's a lot of wisdom in your comment.
In an unhealthy dependency even to the point of addiction, sometimes the way to go is cold turkey; but at other times, an abrupt stoppage is deadly, and the remedy is to be taken off gradually.
The key for America is to start the process of regaining our independence from foreign entanglement and subjection as soon as possible and as quickly as possible.
***
Also, if we care about the people of China, of Russia, of Ukraine, of Saudi Arabia, and elsewhere, we will oppose governments that oppress them.
That doesn't mean overthrowing those governments, or undue interference; but it does mean not enabling them, and diplomatically limiting their reach.
It means America getting stronger as a beacon of liberty for all people of good will in this world. If America is reduced to impoverishment and impotence, what good can we do for others?

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MainePackFan's picture

June 09, 2023 at 03:38 pm

I've been done with the NBA for years, long before the tentacles of the CCP enveloped the league. The game itself has become a shadow of what it once was IMHO.

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Since'61's picture

June 09, 2023 at 03:47 pm

LambeauPlain I've never really followed the NBA. So I guess I could say that I'm done since I never began with them. The last time that I watched a complete NBA game was in 1973 when the Knicks won their second and so far their last NBA title.

I've never been a basketball fan at any level. If you didn't tell tell about the CCP in the NBA I would not have known they were involved in it. I don't know why it''s allowed but apparently it's already too late.

NY Yankees, GB Packers and NY Rangers have been it for me.

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MainePackFan's picture

June 09, 2023 at 07:25 pm

Since '61. Those years were classic basketball. i was a huge Knicks fan. Willis Reed, Walt Frazier, Dave Debusschere, Phil Jackson, Earl the Pearl, Bill Bradley and on and on. Those were the glory days of the NBA in my opinion.

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Since'61's picture

June 09, 2023 at 11:02 pm

I agree those were classic games for the NBA and the Knicks were a gutsy team. I was never a big fan of basketball and as the game changed its rules I lost what little interest I had during those Knick championship seasons.

Regrettably all sports have changed significantly since those days including the NFL.

As I think back on the early 70s I can't help but remember that today June 9, is the 50th Anniversary of Secretariat's glorious Triple Crown winning run at the Belmont Stakes in NYC. Tomorrow they will run this year's Belmont Stakes but in 1973 June 9th was the day of the race. Secretariat ran into history, and into immortality. His 31 length win that day 50 years ago is one of my top 5 sports memories of my life. Secretariat set the record time in all 3 Triple Crown races. No other horse has come close to Secretariat's winning time in any of the Triple Crown races since. He is the greatest race horse of all time and he was magnificent as he ran to glory at the Belmont. I still get a thrill whenever I rewatch that race. Chic Anderson's brilliant call as Secretariat pulled away from the field heading into the final turn, "Secretariat is moving like a tremendous machine!" It is unforgettable and it still sends shivers down my spine as I realized at that moment that I was watching history. I also realized that I would never see another performance like that in my lifetime and here I am 50 years later and I'm still correct. Secretariat was not just the greatest racehorse of all time he was one of the greatest athletes of all time in all of sports. Thanks, Since '61

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HawkPacker's picture

June 10, 2023 at 09:45 am

Isn't it something the certain things that stand out for all of us. Yes, Secretariat was the best and I can't believe that was 50 years ago. Where has all the time gone? Man, I am getting old and not happy about it!

One memory, that really was not all that important, like your story that you remember Since'61, is a college basketball game. I believe it was the 1976 ncaa championship game with the Indiana Hoosiers and the Michigan Wolverines. First off, I am not a Hoosier fan. But I remember Curt Gowdy calling the game and listening to him say after Scott May hits a jumber in the game--'He hits it'. It's not the game I remember as much of the voice of Curt Gowdy. Seems a bit silly, but I have never forgotten that game because of the announcer.

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Since'61's picture

June 10, 2023 at 12:05 pm

Agree HawkPacker - there are those perfect calls by announcers that seal the great moments in our memories.
Excellent point. Thanks, Since '61

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Leatherhead's picture

June 10, 2023 at 11:00 am

""" If you didn't tell tell about the CCP in the NBA I would not have known they were involved in it"""

Chinese involvement in the NBA goes back for a while. There have been numerous articles about it. They just aren't covered by the mainstream media, because they're in bed with the Chinese, too. As well as a large number of our politicians.

NBA Owners have over $10 Billion invested in China. There are over 200 million consumers of the NBA product in China. The NBA gets over $500 million in revenue each year from China.

I'm not a basketball fan anymore, but I am an old Cold Warrior, and I'm still paying attention to what's going on with our enemies.

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Since'61's picture

June 10, 2023 at 12:28 pm

Yes Leatherhead I agree. My consulting business brought my company to China for a few US corporations who hired us to help them launch their business in China. We were focused primarily in insurance and banking industries. So I am familiar with the amounts of money invested by US corporations in China.

300 milllion plus consumers is too large of an opportunity for companies to avoid. US financial products have done very well in China. The problem is that you never know what the government in Beijing is going to do in terms of canceling licenses on in taking over a business outright. Just look at what they did in Hong Kong. They have ruined one of the great cosmopolitan, business and tourist destinations in the world.

It has become a difficult push/pull environment as China needs foreign investment as much as the foreign companies need access to their markets. In recent years the US companies that I am aware of have been scaling back in China primarily due to economy of scale issues versus the costs of doing business which has increased significantly over the last 10 years. Plus foreigners are never allowed to own more than 49% of a company in China. All of the deals are joint ventures with a government/state owned company.

As you know I'm a veteran of a piece of the Cold War which became a hot war. So yes I keep an eye on some of our enemies as well. China and Iran are the major threats now. On their current path Russia will fall into the abyss of irrelevance. The question is how much damage will they do on their way down. North Korea will go as far as China tells them they can go. Unfortunately the leader in North Korea is not a very stable individual and thus a wild card in the global geo-political situation.

Growing up in NYC and living in the greater NYC area all of my life I am quite familiar with the fact that I have never been more than 20/25 minutes from nuclear incineration. However we've made it this far so I'm confident that reasonable minds will prevail. Thanks, Since '61

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TarynsEyes's picture

June 09, 2023 at 04:14 pm

"It will be the ultimate proof that money means more to them than anything else. Thanks, Since '61"

Ever hear the phrase, The Price is Right? Well it isn't just a game show, it's a way of life at every level and those who have the most get what they want, eventually. I's naive to think that the NFL isn't vulnerable or willing, they just haven't gotten the right price, yet. The NFL didn't/still push for games overseas simply because of fan expansion, it's a world expansion and Saudi Arabia will be involved.

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Since'61's picture

June 09, 2023 at 05:33 pm

Taryn I have no doubt that the Saudis will be involved someday. When that day comes if I'm still sucking air I won't be involved any longer if I'm not already done with the NFL before then.

I made my living in the merger and acquisition business and I'm very familiar with the right price to get a deal done. That's why I know the Saudis will get in some day. Especially with the greed of the current group of owners. Stay well. Thanks, Since '61

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bjkdad44's picture

June 09, 2023 at 05:45 pm

As usual… I agree with you Since!

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Since'61's picture

June 10, 2023 at 12:59 pm

👍 Thanks, Since '61

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jannes bjornson's picture

June 09, 2023 at 10:23 pm

Try enforcing what remains of the Anti-Trust laws and bust up concentrations of wealth and leverage. Not too complicated. Don't get me started about the Royal House of Saud. They are the enemy.

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bjkdad44's picture

June 09, 2023 at 05:44 pm

Couldn’t agree more!

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Starrbrite's picture

June 09, 2023 at 09:44 pm

Just to be clear, the 9/11 terrorist attack was originally initiated by twenty-six conspirators—18 of which were Saudis. The lead hijacker— Atta, is/was Egyptian.
I was a Fed agent for more than 35 years. As you might guess, I have some background with this, … but I’ll abstain from any further comments—for a number of reasons.
And BTW—My very close friend, a huge packer fan, and a participant on this site, arrested the subject known as the 20th hijacker.
Just sayin—-
Go Packers!!!

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jannes bjornson's picture

June 09, 2023 at 11:42 pm

I live here. I read the story in the Star Tribune the day of his arrest. I still have the Front Page and RED FLAGS were burning in my brain, immediately. The ex-Navy pilot who suspected the perp was rewarded with a 5M reward. The other two guys in management at the flight training center were given squat. Something still does not smell right. Capisce ?

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croatpackfan's picture

June 09, 2023 at 12:35 pm

I have no dozbt that Saudi Arabia Royal family would be thrilled to by all sports team in the world. And they will look at the most profitable ones at first.

At first I can not imagine that some owners of the NFL francises is willing to sell such profitable entertaining tool. If owner is not interested in football he can hire person to run organization and still have huge profit. So, I have zo admit that I do not understand why anyone would like to do that. Can someone explain me?

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Rarescope's picture

June 09, 2023 at 06:51 pm

Not being a billionaire myself I'm just guessing here but I would think it's the same reason anyone would sell any profitable asset - at some point you want to cash out. Either to spend it on more super yachts, other investment ventures, whatever.

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SicSemperTyrannis's picture

June 11, 2023 at 03:43 am

Croat, the premise is that team valuation will always rise and never fall. The idea that eventually foreign nationals will be the only ones able to afford to own an NFL team is not a current reality, but owners will sell if only at end of life. If the US dollar continues to devalue that will bring big changes. It's a dark specter for us, but seeming at least possible.

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Packer_Fan's picture

June 09, 2023 at 12:49 pm

I ain't getting rid of my share, nor my three daughters, one son-in-law and four grandchildren!

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dblbogey's picture

June 09, 2023 at 06:23 pm

Mine's from the 2011 sale. I believe it was $250. It's framed in the game room. May be worthless but I've had way more than $250 worth of pleasure for 50 years from the Packers, though I've only been to one game. I was happy to contribute to the Packers continued success and the stock certificate looks good on the wall.

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marpag1's picture

June 10, 2023 at 02:49 pm

LOL. I'm not saying that anyone is going to swoop in and buy the Packers, but you'll give up that share if they tell you you will. Of course, you'll be able to keep the worthless piece of paper if you want, but small potatoes shareholders have no say in anything, no matter what business you want to consider. And that's especially true when the so-called "stock" is really nothing more than a receipt for your one-time charitable donation to the Green Bay Packers.

This is a pretty click-baity, get-'em-riled-up for no useful reason sort of article. Kind of wish I hadn't read it.

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SicSemperTyrannis's picture

June 11, 2023 at 03:47 am

I don't think anybody can make you give up your share(s) more like they might open a future stock offering to foreign nationals BUT that'd still be a lot less likely than literally any other team in the league being owned by the house of Saud.

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marpag1's picture

June 11, 2023 at 05:58 am

They certainly CAN make you give up your shares, and it is not unusual. For example, if the majority of the entity's voting members favor selling the entire company to a private investor, there is not a damn thing minority shareholders can do about it. Maybe you'll receive your $0.03 or a buck and a half or whatever from the sale of your share, but the the decision will be made whether you like it or not.

But again, I'm NOT saying that it's going to happen. Almost certainly, it isn't.

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splitpea1's picture

June 09, 2023 at 01:15 pm

Probably not practical anyway, as it would involve checking the ghutras at the door and getting fitted for Cheeseheads instead. Hey, it's only fair....

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Johnblood27's picture

June 09, 2023 at 02:29 pm

think cheesecloth-heads...

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Leatherhead's picture

June 09, 2023 at 02:37 pm

Oh, that's the worst joke I've heard this week. I'm going to steal it.

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Starrbrite's picture

June 09, 2023 at 08:46 pm

Cheese curds prayer rug…..

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KnockTheSnotOutOfYou's picture

June 13, 2023 at 11:24 am

😀

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PASSdaRELISH's picture

June 09, 2023 at 02:53 pm

I think this article is wrong, where there is greed there’s a way. If you would have told me years ago that the once great USA would sell out to China I would have laughed at that comment, and here we are with our current government doing just that. Never say never.

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Since'61's picture

June 09, 2023 at 03:51 pm

Newsflash the US has been selling out to China since the 70s. I'm not sure what you mean by the current government but the US has actually been pulling back from China over the last several years. Thanks, Since '61

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SicSemperTyrannis's picture

June 11, 2023 at 03:49 am

True and we helped create the CCP in the 50's. (49?) Not our best foreign policy move ever.

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bjkdad44's picture

June 09, 2023 at 05:46 pm

Just look at U.S.politics!

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dblbogey's picture

June 09, 2023 at 06:24 pm

I come here to escape politics.

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dgtalmn's picture

June 09, 2023 at 02:57 pm

How about them starting their own league, like golf. They sure have he money to buy players.

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Since'61's picture

June 09, 2023 at 03:52 pm

The PGA just caved into the Saudis and has merged with their pro golf league. They are all in it together. The players, the leagues, etc. Thanks, Since '61

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HawkPacker's picture

June 10, 2023 at 09:52 am

I am a big golf fan, especially the PGA and I have had a real dislike for LIV, and Norman for that matter. I am not happy that they are all getting together now. We shall see how it all works out. It's all about the money!

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Starrbrite's picture

June 11, 2023 at 07:01 pm

Right on ‘61.

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Swisch's picture

June 09, 2023 at 03:57 pm

It's a messy world, sometimes we have to work with businesses and governments with whom we don't agree.
At the same time, to say that there should be no ethics with regard to businesses and government is to cause the ruin of society with widespread distress and desolation.
So, what do we do?
Well, the short answer is, in all sincerity, the best we can.
***
To elaborate, unless we think of issues of social justice (such as the above article) with a realistic historical understanding and a proper current perspective, our endeavors to achieve fairness will only be partial and temporary.
No matter how sincere our efforts, without accurate viewpoints to provide a clear vision for our shared well-being and general happiness, we will ultimately be frustrated and ineffectual.
The Industrial Age of America that took off after the Civil War is also known as the Gilded Age, because there was a tiny elite that profited immensely in exclusive luxury, and a huge majority that was reduced to quasi-slavery in the enlarged factories and farms and mines of mega-corporations.
For the typical American worker of all colors, labor was a drudgery of ten-hour days, six days per week, in dreary, dirty, deafening, dangerous, and even deadly conditions. There were no benefits such as health care and paid vacations.
Most American immigrants of any color did not begin with privilege, but with a grueling effort to escape from the most deprived and desperate of conditions.
Only with the economic collapse of the Great Depression of the 1930s did the federal government begin to pass some laws to enable the American worker.
After World War II, there was even the welcome emergence of a middle class in America. The common laborer still had wearying jobs on the assembly line or even in the office cubicle, but at least he could get a mortgage for eventual home ownership, have a car or two in the driveway, and take his family on vacation for two weeks.
From the 1950s to the 1980s, it was a golden era of sorts for a middle class of the average American, but it was all so fleeting and unfinished.
The powers that be in Big Business and Big Government -- for whatever reasons -- sold out we the people by moving the bulk of our economy overseas.
It wasn't a matter of healthy trade, rather a wholesale transfer of manufacturing to faraway places where workers could once again be exploited as quasi-slaves (while new environmental regulations in America could be ignored to again allow an unlimited pollution of smog and sewage).
To the extent that some jobs just couldn't be moved all that easily out of America, foreign workers were smuggled into an underground economy of quasi-slavery.
So it is that all of the human atrocities of the Industrial Revolution were not fully reformed, but rather simply relocated to hidden spots out of sight, out of mind, and out of outrage.
***
In the meantime, American workers have indeed been sold out, left to scramble for fewer and fewer decent jobs, while most are reduced to grasping for the scraps of a gig economy, requiring two or three reduced jobs just to eke by, with no health insurance and no paid vacations.
In other words, we the people have been once again reduced to servitude in a Gilded Age II in which a tiny few own almost everything and the vast majority own almost nothing. We are only renters and borrowers and beggars.
We're also being played for saps. Instead of us uniting for a society that puts the American worker first, the elitists of Big Business and Big Government have colluded to deceitfully distract us by race and gender and other largely artificial divisions.
Another ploy of the elitists is to grant us almost unlimited choices regarding the decadence and dependency of sex and drugs, even as our opportunities for financial independence and self-government are taken away.
If we the people are fighting each other due to false narratives of history and fake reports of media, or are addled and impotent, then we are incapacitated to reclaim a government of the people, by the people, and for the people.
Even for those who have done things the right way and are deservedly well-to-do, it's still a captivity of subservience in a gilded cage -- though hanging, perhaps, by the tenuous thread of a reverse mortgage -- in which advocating for our inalienable human rights is censored and silenced, prosecuted and persecuted, ostracized and impoverished.
Everything one has worked so hard for can be taken away at the whim of the elitists. They have all of the power and wealth. We are at best house slaves of relative ease on their immense plantations.
***
What can we do?
Unite in a movement for smallness in business and government that is an essential key to independence for the common laborer -- a movement of common sense I call localism.
It is similar to an earlier movement in England against the Dickensian horrors of its Industrial Revolution, which has been called by the awkward name of distributism -- see Chesterton's books, "A Utopia of Usurers" and "The Outline of Sanity," plus Belloc's, "The Servile State" and, "The Restoration of Property."
Like distributism, localism is an affirmation of a title by Schumacher, "Small is Beautiful," which has been moved forward by Pearce's, "Small is Still Beautiful."
It is a rejection of the impersonalism and materialism of both unrestricted, libertarian capitalism (anarchy and oligarchy) as well as totalitarian, bureaucratic socialism (communism and fascism).
It is an emphasis on smaller family shops and farms and crafts which are protected and promoted by favorable laws and tax codes (instead of rules rigged by campaign contributions, lobbyists, and cronyism).
Even in cases in which bigger businesses are deemed necessary, it's a measure of employee ownership of the company and employee representation in the boardroom.
Localism is apolitical in the sense of opposing elitism is any political party. It is not about an exact equality of outcome, but of more fairness in opportunity.
To paraphrase G.K. Chesterton, it's a capitalism of more capitalists, more independent owners.
A healthy society will allow extra reward for the minority of the talented and innovative and energetic; it will provide extra aid to the minority of the disadvantaged and disabled; and it will create the conditions for solid jobs and strong families for the overwhelming majority of ordinary citizens in the middle.
***
All of this is not meant to be a declaration of all of the answers. It's not meant as the end of the discussion but the beginning.
It's meant for finding mutually agreeable ways of taking back our independence with peaceful and persevering determination.
It's meant as a matter of regaining control of our lives from remote elitists.
It's not meant to vilify good Americans of wealth and power, but to ask them to join along for the shared benefit of a nation returned to a state of overall good health -- alleviated of the epidemics of addiction and diabetes 2 and divorce.
When so many suffer and slip into desolation, it's not the people failing society, but society failing the people.
It's meant as a rallying cry to well-meaning people across the country of all colors and cultures and classes to join in an inclusive solidarity of good will.

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Swisch's picture

June 09, 2023 at 04:10 pm

<a href="https://www.azquotes.com/quote/178090" title="Vince Lombardi quote"><img src="//www.azquotes.com/picture-quotes/quote-people-who-work-together-will-win-... alt="People who work together will win, whether it be against complex football defenses, or the problems of modern society. - Vince Lombardi"></a>

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marpag1's picture

June 10, 2023 at 03:06 pm

LOL!!! Good God, did you really just write all this?

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Since&#039;61's picture

June 09, 2023 at 05:53 pm

Swisch the Reagan Administration began the sellout of the US worker with their union busting campaign which started with the Air Traffic controllers union. Once Big business realized they could break the unions they sold out the jobs to foreign countries.

As a result the middle class has borne the brunt of the corporate greed over the last few decades.

Finally the US is beginning to create good paying jobs again within the US economy with the recent bi-partisan passage of the infrastructure, climate change and Chips and Science Acts in 2021 and 2022. Infrastructure rebuilding has created and will continue to create good jobs in the construction industry. Climate Change jobs will be good high paying technical jobs and the Chips and Science Act will create high paying jobs while simultaneously reducing US dependence on foreign manufacturers, particularly China, for producing the chips needed to power our devices.

It will take time but the US can repair the middle class and return to a global leadership position in manufacturing and in fighting climate change. Thanks, Since '61

4 points
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3
splitpea1's picture

June 09, 2023 at 06:21 pm

Uh-oh, looks like the cesspool is overflowing again. This is supposed to be a football site, remember?

8 points
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Since&#039;61's picture

June 10, 2023 at 12:30 pm

Yeah the boredom of the offseason does that. 2 months until training camp. We'll be fine by then.
Thanks, Since '61

0 points
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jannes bjornson's picture

June 09, 2023 at 11:32 pm

George,Jr. gave Communist China Permanent Normal Trading Relations (PNTR) with the United States in 2001 and the tsunami rolled. Most Favored Nation (MFN) trading status with China was policy from Reagan, Bush,sr through Clinton. Remember the Asian Growth Funds schemes? The hectoring about Socialism and the Unions; the Right-to-work-for-less legislation; inequitable Global distribution of Wealth and unregulated financial markets have led to an assault on the production side of the Curve in the USA. Externalizing risk has led to a less than stellar security at Home, including Infrastructure, dynamics in transportation and defense of the right to an education without going bankrupt.

2 points
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Since&#039;61's picture

June 10, 2023 at 01:03 pm

Exactly correct. Excellent post jannesbjonson. Thanks, Since '61

1 points
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SicSemperTyrannis's picture

June 11, 2023 at 04:07 am

Switch I'm surprised to encounter such headiness here! Good thoughts. I'll just add that we're not going to be able to do any such thing until we undo the perverse relationship that was created between the Federal Reserve and our US Treasury on 12/23/1913. Everything about that was both illegal and unconstitutional, meaning any and every law Congress has passed about it since is no law at all.

More people were aware of this problem than at any time in history before the pandemic, and that increased with lockdowns. Since then the deliberate polarization of society has been effective at getting We the People distracted away from that goal. Refusing to fall for the D&C (divide and conquer) scheme is indeed step one.

1 points
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Rarescope's picture

June 09, 2023 at 06:54 pm

Article that totally did not need to be written. Golf not football. Me here to read football. *cautiously peeks through fingers to read comments* Yep, exactly what I expected.

-1 points
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Swisch's picture

June 09, 2023 at 07:39 pm

I agree that football should be the main focus by far at CHTV; but then again, the outside world does affect football, and football does affect the outside world.
In the rare instances that the conversation here does touch on other topics, is it so hard to for those not interested to just skip over it?

3 points
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SicSemperTyrannis's picture

June 11, 2023 at 04:13 am

Rare, I think the author probably DID need to write something; use it or lose it, eh? Personally, I did not know that much about GBP ownership and this was a good time for me to learn it.

And it's certainly something to be proud of! And it will very likely continue as is :)

2 points
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NitschkeFan's picture

June 11, 2023 at 10:03 am

rarescope, it is along off-season. This is a free blog. You saw the headline, just do not click on it if you are not interested. You did not lose any of your subscription money because the article was off-topic for you.

Overall I agree, we like to read about football here. But the article was informing readers about the Packers/NFL and the possibilities (or impossibilities).

3 points
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Rarescope's picture

June 12, 2023 at 11:11 pm

Actually the article is fine, it’s the predictably racist right wing comments that it inspires that are gag worthy.

0 points
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greengold's picture

June 09, 2023 at 08:50 pm

What’s your next article, Rex?

Jesus Christ and the Packers: Are Cheeseheads Holy? Like, Holy Holy?

Will Lambeau Field Renovations Withstand Nuclear Armageddon?

Sun Blocked in NY! Canadian Wildfires or Aaron Rodgers Cloud of Darkness?

FFS. Saudi Arabia can go fuck itself.

8 points
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SicSemperTyrannis's picture

June 11, 2023 at 04:14 am

Holy Packers, Batman! Lol

0 points
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greengold's picture

June 11, 2023 at 10:08 am

Style points awarded.

0 points
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BAMABADGER's picture

June 09, 2023 at 09:27 pm

If the Saudis could buy the Packers, fans would riot when they disallowed brat sales at Lambeau.

1 points
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BAMABADGER's picture

June 09, 2023 at 09:31 pm

Oops, worse no beer.

-1 points
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SicSemperTyrannis's picture

June 11, 2023 at 04:15 am

They manage to sell beer anyway. Money overrules their religious restrictions.

-1 points
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Johnblood27's picture

June 09, 2023 at 09:38 pm

between this ^ AND PORK BARREL POLITICS, THIS HAS BEEN QUITE A DAY HERE AT chtv!

1 points
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greengold's picture

June 09, 2023 at 09:44 pm

I stayed away.

0 points
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HarryHodag's picture

June 10, 2023 at 09:49 am

How many weeks until training camp?

4 points
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SicSemperTyrannis's picture

June 11, 2023 at 04:17 am

You saw the Jets cancelled their minicamp and Rodgers thanked the HC for it? Lol

Pretty sure our team is going to get better for next week.

0 points
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nagawicka's picture

June 10, 2023 at 02:30 pm

The LIV Golf - PGA merger (Saudi Arabia PIF’s financial takeover of the PGA Tour) only works because the PGA will handle Holes 1-8 and 12-18 and the Saudis will take responsibility for Holes 9-11.

You know the NFL can't delegate responsibility properly like that.

2 points
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Bitternotsour's picture

June 10, 2023 at 04:19 pm

clever

-1 points
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SicSemperTyrannis's picture

June 11, 2023 at 04:18 am

Lol zing!

0 points
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JoeinLA's picture

June 14, 2023 at 09:48 am

Yeah, that's what golf and soccer fans thought.

Knowing Mark Murphy's tendencies, he's probably working on his Arabic and sword dance.

0 points
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