Monday, June 26, 2023

Blackrock: What We Expected All Along

 James O'Keefe is the intrepid reporter who founded Project Veritas, but was eventually kicked out of that organization.  But he has come back under the name O'keefe Media Group (OMG) and has some explosive undercover footage of a Blackrock recruiter speaking frankly to an undercover reported. Here is that video. And here is O'Keefe's follow up with that recruiter.

Look, Blackrock and its CEO Larry Fink are not good guys, to put it mildly. Fink endorces ESG and feels empowered to force it on everyone else.  He seems to take the moniker "Masters of the Universe" as being a real title.  Everyone suspected it, and now O'Keefe is on the trail.

These mega-corporations need to be broken up. When it is claimed that Blackrock "owns" things, that is not entirely true. Blackrock doesn't own these businesses, the investors do. Blackrock's interference in promoting ESG and DIE at various companies goes against the best interests of the investors. These people invest with Blackrock thinking they are protecting their money and making it grow. But ESG and DIE do the opposite, as seen by the Bud Lite and Target debacle. And then there is the seemingly bizarre desire to defend the borders of Ukraine, while ignoring our own. And the entire Congress seems to mouth the same words. What gives? But when the recruiter explains that it is great for business, it suddenly makes sense.  Only, of course it is not great for you and me.

At PJ Media, Kevin Downey, Jr. has some thoughts on Blackrock as well. These companies that have gotten fat managing other peoples money have turned on those other people. They need to be dismantled, and the funds returned to the investors. A case might be made that these organizations fit the RICO statues. Alternatively, since they do have a fidcuciary responsibility to the people they work for, perhaps that fiduciary responsibility can be enforced. I would really like a lawyer to take this on.

No comments:

Post a Comment