In a recent interview, Paul Buitink engaged with David Rogers Webb, a former hedge fund manager of Varus and author of the controversial book “The Great Taking.” Webb’s book delves into the provocative claim that a global elite is orchestrating a system to systematically strip away assets from individuals across the world. Central to Webb’s thesis is the notion that this agenda is particularly evident in property rights concerning securities.
Webb highlighted during the interview that a meticulous review of the terms and conditions associated with securities—whether held in a bank or through a stockbroker—reveals a disturbing reality: individuals are not the actual owners of their securities. Instead, these assets are effectively held by intermediaries, who maintain ultimate control. According to Webb, this setup is a calculated effort by powerful global entities to undermine personal property rights and consolidate wealth and control in the hands of a select few.
Webb explained that this arrangement is often buried in the fine print of financial agreements. Many investors, he argued, operate under the false assumption that they hold direct ownership of their securities. However, the legal language typically places actual ownership in the hands of the financial institutions that act as custodians. This discrepancy, Webb contends, is not merely a technicality but a strategic maneuver designed to disenfranchise investors and erode their property rights.
“The Great Taking” posits that this erosion of property rights is not an isolated phenomenon but part of a broader agenda pursued by a global elite. Webb asserts that this elite group is systematically working to consolidate control over assets, thereby diminishing individual wealth and autonomy. The implications of this, he suggests, are profound, potentially leading to a future where personal property rights are severely curtailed, if not entirely eradicated.
Webb’s perspective has sparked significant debate, drawing both support and skepticism. Critics argue that his views are alarmist and not sufficiently substantiated by evidence. Supporters, however, believe that Webb has uncovered a critical, albeit uncomfortable, truth about the nature of modern financial systems.
