Australian Prime Minister’s Big Pharma Financial Portfolio
Australia is one of the most contentious places on earth when it comes to vaccine laws. Mandatory vaccination is a way of life in “the outback.” Their “no jab, no pay” law strips parents who choose to skip vaccines of government stipends, or welfare monies. This limits the amount of parents who can consider a parental choice when it comes to vaccinating their children.
As I’ve stated over and over on PrepForThat, being a recipient of any government program under any nation is the equivalent of being enslaved by the elites. If the power grid fails and you don’t have the means to take care of yourself, the government will be right there to help. And for good, obvious reason. Once you accept the drip, they own you.
As is the case with Australians who have been forced to vaccinate their children or suffer the consequences of living atrocious poverty. Without necessities, parents will choose to comply with the government.
Australian Prime Minister, Malcolm Turnbull, seems to have a rather sweeping power over his citizens. Maybe even authoritarian, some might say.
Turnbull, of course, has the incentive to strip citizens of their medical free-will. His wife is the chairman of a pharmaceutical company that works with GlaxoSmithKline and Novartis.
According to Money Morning, Turnbull is worth between $180 and $200 million. Turnbull outright admits that he is not satisfied with the state of his finances, claiming “I can’t live off my OzEmail laurels forever,” in the interview. OxEmail was his startup business that yielded him great financial bliss prior to his role as Prime Minister.
So what is Turnbull’s new horizon? Clearly, pushing his country into a state of mandatory vaccinations. And he does so as his wife is seated at the helm of Prima Biomed. They are the makers of CVac, a cancer vaccine. And, as mentioned, she works closely with GSK and Novartis.
What’s more? Turnbull is invested in big tobacco. In Australia, only specific brands of cigarettes are forced to possess graphic images on their labels. You might guess which ones aren’t subject to this labeling, which could be detrimental to sales.
“Lucy and I work very much as a team.” That’s how Malcom Turnbull sees things. And that’s most certainly not good for the people of Australia.
If you really want to get down to the brass tacks of Malcom Turnbull’s interest, one only has to go as far as to look over his investement portfolio, which is exposed in the Money Morning interview.
First, there are the listed companies and funds*. Among them is the SPDR S&P 500 ETF Trust [NYSEARCA:SPY]. Over the last two years, SPY is up by nearly 40%. This ETF is relatively popular because it offers exposure to big-name stocks, whilst being balanced and accessible. The Trust’s top ten holdings are Apple Inc., Microsoft Corporation, Exxon Mobil, Johnson & Johnson, GE, Wells Fargo, Berkshire Hathaway (Class B), JPMorgan, Amazon.com, and Pfizer Inc. Apple is the most substantial holding, at 3.8%. To put that in context, Microsoft comes next at 2.03%. So it’s very tech heavy. But perhaps not as tech heavy as Vanguard Information Technology ETF [NYSEARCA:VGT], which Turnbull bought in July last year. VGT’s top five holdings are Apple, Google, Microsoft, Facebook, and IBM.
That’s two major pharmaceutical companies driving that ETF’s livelihood. And yet another incentive to force pharma on the people. A sad state of affairs. This isn’t about whether or not a parent should vaccinate their children, it is about leaving them with the medical choice to decide.
Photo by denisbin
Author: Jim Satney
PrepForThat’s Editor and lead writer for political, survival, and weather categories.
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