In this video, Scientologist Grant Cardone argues that shutting down businesses and the economy is far more dangerous than the Coronavirus itself. Cardone is not alone in his Darwinian-Capitalist call to allow Coronavirus to run rampant in a quarantine-free unrestrained mass kill so that the economy is not harmed and he is not inconvenienced in his personal movements and work. The argument here is to allow the Coronavirus to kill whoever is vulnerable so that the rest of us are not financially impacted or restricted in our movements by mandatory quarantines.
This is the argument of capitalists who don’t have to govern cities, states, and nations and take into account the welfare of entire populations including those who are most vulnerable and at risk. Cardone is certainly looking at what is good for himself, his family, and his company. These are called the First, Second, and Third dynamics in Scientology.
As far as the rest of the world goes, Cardone is essentially saying, let the Coronavirus kill off the weak so they don’t hurt his income or the larger economy. This is a Scientology mentality on so many levels. Indeed, Scientologists will argue that those who contracted the Coronavirus and got sick or died “pulled it in” and it’s their own fault. Grant Cardone appears incapable of understanding the horror of what he is saying. And yet, the Coronavirus is showing the powerlessness of the Church of Scientology claims that its OT’s, its Operating Thetans, are at cause over matter, energy, space, and time. OT powers are useless against the Coronavirus and every other virus. This is why Scientologists go to doctors and take doctor-prescribed medicines when they get sick. All of Ron Hubbard’s old claims that Dianetics and Scientology can cure diseases went down the drain long ago.
Cardone’s advocacy that the Coronavirus should be allowed to run rampant with no quarantine strategy in place to flatten the curve is, in our view, incredibly irresponsible. Cardone appears to have absolutely no understanding of how death rates in a pandemic are exponential and this only becomes worse with no mandatory quarantine. Secondary infections would soar in an unrestrained spread of the Coronavirus; the morgues couldn’t keep up with the dead bodies. But this is what we’ve come to expect from Grant Cardone, a man who once torched a pile of Benjamin’s to light his cigar to make a point about what? That he has money to burn? The Karma of this act has come back to haunt him.
Grant Cardone repeats the same claim being perpetuated by the Chinese government on social media that the Coronavirus swept through America in January 2020 and was not recognized as such. This baseless claim means absolutely nothing. However, Cardone seems to be arguing that we already went through a Coronavirus outbreak a few months earlier and we got along just fine without mandatory quarantines. Therefore, he reasons, no quarantines are needed now.
As with any business owner, Cardone is obviously concerned about the solvency of his company going forward into a pandemic and mandatory quarantine that may go longer than the government predicted. Cardone recently stated that he is $1 billion in debt. We don’t believe the number given his claim that he has $1.7 billion AUM. This would mean Cardone Capital is setting on top of $700 million in equity. We just don’t believe that number given that Cardone Capital prospectus’ typically show a projected 85% debt on the properties to be purchased.
Cardone states that possibly 15-20% of his tenants may be unable to pay rent. We think the number will go higher and that Cardone is looking at >50% when Coronavirus peaks in late April 2020. Cardone is sweating this along with every business owner.
Grant Cardone asks about forbearance on his loans. Will this happen when banks can go to private equity firms that amassed a record $1.5 trillion in cash while waiting for a massive correction in an overpriced market? The Black Swan event of the Coronavirus is something nobody saw coming. Capitalist investors and the banks are going to ruthlessly exploit it to their advantage even as they did in 2008. Grant is a debtor and is not a banker or a financier. This places him on the wrong side of the equation in a situation where the predators with money are on the hunt for bargains. Grant Cardone may emerge from the pandemic with a “severe reality adjustment” about how the really big money players way above his level don’t care about his brand, his social media platform, or anything else. Like Cardone, they are out to make money.
Grant Cardone once released a video of a job interview with a young man who owed Cardone’s company money for a sales course he had purchased and not paid for. Grant tore into the young man after two minutes into the interview to call him on his lack of integrity. Grant demanded to be paid on the spot and asked the kid for a credit card. This was a ruthless PR stunt and it humiliated the young man. When the shoe is on the other foot, the banks will do the same thing to Cardone. However, Grant won’t have a billion dollar credit card. His only possible hope, as we see it, is if fellow Scientologist Trish Duggan bails him out. Scientologist David Gentile of GPB Capital certainly isn’t in a position to do so. Here is Grant Cardone doing a job interview with another candidate and humiliating the poor guy:
Grant Cardone’s anti-fanboys are out on YouTube:https://www.youtube.com/watch?v=e4GlutVEZvU
A few days ago Tony Ortega posted a letter from Scientology leader David Miscavige to Scientologists. The Daily Beast reposted this letter and called David Miscavige a Coronavirus denier. Because the Church of Scientology, like Scientologist Grant Cardone, has to keep the cash pouring in, the pervasive mood inside of Scientology seems to be to minimize or ignore the threat posed by Coronavirus and carry on with business as usual to rake in the money.
Here is David Miscavige’s letter to Scientologists posted by Ortega:
Categories: The Scientology Money Project