A friend of mine has mumbled about "corporatocracy" for several years.
He's not wrong.
BlackRock controls more assets than any other investment management
firm on Wall Street, with about $10 trillion now under management. (Yes,
that’s “trillion” with a “t.”)
BlackRock has used much of this wealth to seize control of sizeable
minority stakes in numerous publicly traded companies, making BlackRock
and its CEO, Larry Fink, the most powerful forces in corporate America.
When BlackRock and Fink speak, Wall Street listens.
There is emerging evidence, however, that BlackRock’s influence is
not limited to the corporate and financial spheres. After years of
building political alliances and making a laundry list of strategic
hires, BlackRock has managed to amass huge amounts of political clout
within the Biden administration and U.S. Federal Reserve, allowing them
to develop unprecedented strategic partnerships and, according to our new research, gain access to officials in the White House....
Tom Donilon, his brother, his wife, and his daughter--plus a mystery woman--all tight with Sparklefarts and/or Bai-Den, closely connected with the National Security Council and other agencies.
...BlackRock has other connections within the Biden administration as well. For example, Brian Deese, who is now Biden’s National Economic Council director, was formerly global head of sustainable investing at BlackRock. Wally Adeyemo, deputy secretary of the Treasury Department, previously served as chief of staff to BlackRock Chairman and CEO Larry Fink.
Speaking of Fink, he, too, appears to have met secretly at the White
House. Visitor logs show that on February 8, 2022, just two weeks before
Russia’s invasion of Ukraine, Fink met with Steve Ricchetti, the
counselor to the president. Ricchetti served as chairman of Biden’s 2020
presidential campaign, and has been described as the “yin to the yang” of Biden’s other highly trusted advisor — Mike Donilon.
Why is the Biden administration frequently meeting with important
players at BlackRock? Have other former BlackRock employees been in
contact with current BlackRock staff? Have BlackRock’s financial
interests impacted public policy? Has advance knowledge of the Biden
administration’s policy decisions financially enriched BlackRock? Has
classified intelligence on geopolitical events such as the war in
Ukraine — and the Biden administration’s response towards Russia —
allowed BlackRock to divest itself from riskier holdings?...
While "Who's making money and how?" is a good question, the ones we have here is "Does BlackRock shape US policy, foreign or domestic?" and "Does Biden Regime push its goals through BlackRock share-holdings?" The latter is very significant.
Yes, that's what lobbying is all about. But Fink's outfit is not a lobbyist. It's positioned to push and pull its corporate holdings into doing what The Regime wants them to do--thus, to push/pull American consumers into doing what The Regime prefers. Think "ESG". And if you're not a fan of the World Economic Forum of "Great Reset" fame, you have another reason to question this cozy arrangement.
Question away!