BlackRock CEO Speaks Openly About Corporations ‘Forcing Behaviors’ Of Ordinary People (Video)
Is there still anything ‘free’ about the Free Market? Not if this guy has any say in the matter.
Larry Fink is the CEO of BlackRock. That may not mean much to most people in ‘flyover country’ but he’s a guy with a lot of influence. A LOT of influence.
And he is looking to leverage that influence against people like you and me. If you are using your freedom the ‘wrong’ way, this guy thinks corporations need to flex their power to limit your choices to only the good ones.
You know, kinda like how China’s CCP controls its
Here is the money quote:
BlackRock CEO Larry Fink says he believes in “forcing behaviors.” "Behaviors are going to have to change and this is one thing we are asking companies, you have to force behaviors and at Blackrock, we are forcing behaviors." pic.twitter.com/7Q3ynEMk83
— Wittgenstein (@backtolife_2022) March 23, 2022
We’re already seeing examples of hedge funds far smaller than BlackRock using their money and influence to pressure Corporations to (in turn) pressure the rest of us to fall into line with their ideological agendas. For example, the story of Engine No. 1 and Exxon:
In 2020, James began to put together a new firm that would embrace this philosophy. One of his first recruits took him across the country to New York City. There he met with Penner, who was already engaged in impact investing at Jana, which had had some early success: In 2018, Jana and the California State Teachers’ Retirement System teamed up to urge Apple to take steps to stem smartphone addiction among children, and the tech giant quickly responded.
By the fall of 2019, Penner had set his sights on bigger fish. He wanted to run a proxy battle at Exxon, which was not only the biggest climate change denier among the oil majors but was also suffering from its overinvestment in fossil fuels. But it was a struggle to raise money for the effort.
Then Covid shut down the global economy.
“Covid was a real turning point . . . everybody sheltering in place. It’s like we were in a cocoon, and in that year, we metamorphosized,” says As You Sow’s Behar. “We saw Black Lives Matter. We saw racial justice out on the streets, people risking their lives with Covid, people saying, ‘I’ve had enough. I need change.’” — InstitutionalInvestor
If you’ve been scratching your head about why mega-corps seem to be embracing Chinese censorship and turning their back on Western notions of freedom, maybe this attitude and mentality has something to do with it.
But you might wonder, is this really a big deal?
Yes, and probably a lot bigger than you might think.
Founded by Larry Fink in 1988, BlackRock is the most powerful Wall Street fund in the world with $9 trillion worth of assets under management. That’s larger than the gross domestic product (GDP) of every single country around the globe, with the exception of China and the United States.
…BlackRock’s absurd liquidity means that if you look at just about every major publicly traded company in the world you’ll find that BlackRock is its first, second or third-largest shareholder. Go ahead, try it.
Now, with that out of the way let’s talk about why you shouldn’t be scared of BlackRock. You should be terrified.
What BlackRock Does is Terrifying
If you put the big three asset management firms together being BlackRock, Vanguard and StateStreet, they control a collective of $15 trillion dollars. That’s roughly 70% of the United State’s GDP.
But this isn’t why you should be terrified of BlackRock. You should be terrified because they are the lynchpin between Wall Street and Washington D.C.
During the 2008 housing crisis when the government bailed out “too big to fail” giants like Lehman Brothers, Citi Group, AIG, Fannie Mae and Freddie Mac who do you think the Federal Reserve hired to clean up the mess?
You guessed it, BlackRock. —Isaiah McCall [Read the rest. Really]
When he talks about telling corporations to wield control over private individuals, which corporations do you think he means?
All of them.
The short clip here was genius in that it leveraged the cringe dance clips of TikTok to get a message out there that most Zoomers would never see.
It gives you a peek into the massive influence of these massive hedge funds.
(Couldn’t find an embeddable source without the expletive. Sorry about that.)
I'm not sure what the fuck I just watched….. But I liked it….
On point. pic.twitter.com/OpMi0ihUaa
— Daz ₿ea ∞/21M (@dazbea1) March 5, 2022
Yeah. THIS is the guy who thinks that you need to be controlled.
And he has people in Biden’s inner circle.
Remember that ‘Civil War’ the Left wanted to turn America blue, whether the Red States wanted it or not? It is not going to take the form you think it will.
Are you awake yet?
Cross-posted with Clash Daily
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