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Blackrock was highly triggered by Desantis’s comments last night

Posted on 12/7/23 at 7:24 am
Posted by Fun Bunch
New Orleans
Member since May 2008
123411 posts
Posted on 12/7/23 at 7:24 am
Posted by ApexTiger
cary nc
Member since Oct 2003
54941 posts
Posted on 12/7/23 at 7:28 am to
Why does Blackrock and their cronies talk about

"in the future, you will own nothing in the future and love it"

That doesn't sound like the American dream to me

Why does blackrock buy entire subdivisions from builders over asking price? "Don't worry about building the sales model home, you won't need it"

Blackrock owns like 12 Trillion in assets, they are freaking taking over...

that's not in our best interests

These people work for Satan....
Posted by LSUnation78
Northshore
Member since Aug 2012
13349 posts
Posted on 12/7/23 at 7:29 am to
Hey Blackrock, dont you own a bunch of disney stock for your retires?

Hows that working out for you?
Posted by tide06
Member since Oct 2011
16518 posts
Posted on 12/7/23 at 7:29 am to
If I were an AG I would start suing companies like Disney and Blackrock who are hiring for DEI proposes for discrimination.

Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
86718 posts
Posted on 12/7/23 at 7:33 am to
quote:

The Florida State Board of Administration — which oversees roughly $180 billion in pension money — didn’t hold investments labeled as ESG when DeSantis ramped up his campaign last year, according to data compiled by Bloomberg. Even after the state’s treasury said it would pull $2 billion from BlackRock amid DeSantis’s criticism, the world’s largest asset manager still oversees $12.9 billion for the state’s retirement funds.


Posted by TDTOM
Member since Jan 2021
20826 posts
Posted on 12/7/23 at 7:35 am to
frick Larry Fink and Blackrock.
Posted by HubbaBubba
North of DFW, TX
Member since Oct 2010
48696 posts
Posted on 12/7/23 at 7:36 am to
You could not be more wrong. That oft used phrase is from an essay written by Danish politician Ida Auken that was discussed at the 2016 WEF to start discussions about technological development. Has nothing to do with Blackrock.

Blackrock is an evil corporation, with many reasons to be broken up as to big and economically influential, but this phrase is not one of them.
Posted by jrobic4
Baton Rouge
Member since Aug 2011
10191 posts
Posted on 12/7/23 at 7:38 am to
quote:

didn’t hold investments labeled as ESG


Some funds use other terms, like "sustainable" or "clean (fill in the blank)". These are probably the funds they removed. This was also most likely from the general treasury. I doubt the governor has a say in how state retirement funds can or cannot invest.



Posted by tide06
Member since Oct 2011
16518 posts
Posted on 12/7/23 at 7:39 am to
quote:

the world’s largest asset manager still oversees $12.9 billion for the state’s retirement funds.

This money if invested along with money from TX, GA, TN etc would serve as collateral for an alternate economy model.

In order for red states to free themselves you need the following at a minimum:
-Energy production and grid
-credit card processing
-banking
-loans/underwriting
-food production
-manufacturing / primary jobs
-utilities
-defense
-etc

You drop $13B into some red state banks and all the sudden the region has investment capacity free of the NYC/global stranglehold.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
86718 posts
Posted on 12/7/23 at 7:42 am to
quote:

I doubt the governor has a say in how state retirement funds can or cannot invest.


So really just all bark no bite
Same thing the cult cries about daily over Orange
Posted by Timeoday
Easter Island
Member since Aug 2020
14547 posts
Posted on 12/7/23 at 7:55 am to
quote:

You drop $13B into some red state banks and all the sudden the region has investment capacity free of the NYC/global stranglehold.


This post was edited on 12/7/23 at 7:56 am
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281843 posts
Posted on 12/7/23 at 7:57 am to
quote:

Blackrock owns like 12 Trillion in assets, they are freaking taking over...

that's not in our best interests
We're supposed to haver laws that deal with "too big to fail" companies and how to prevent them from existing.

Posted by Hangover Haven
Metry
Member since Oct 2013
29686 posts
Posted on 12/7/23 at 8:01 am to
Frick Blackrock.
Posted by OccamsStubble
Member since Aug 2019
7399 posts
Posted on 12/7/23 at 8:02 am to
quote:

I doubt the governor has a say in how state retirement funds can or cannot invest.



LINK /

South Carolina Dumps Disney From State Investment Portfolio Because Of Its ‘Far-Left’ Activism

Posted by Bass Tiger
Member since Oct 2014
51201 posts
Posted on 12/7/23 at 8:05 am to
quote:

quote:Blackrock owns like 12 Trillion in assets, they are freaking taking over... that's not in our best interests

We're supposed to haver laws that deal with "too big to fail" companies and how to prevent them from existing.


The US Corporatocracy had it's unashamed coming out party during the financial meltdown of 2008/2009..... nothing has changed for the betterment of the American people, it's gotten noticeably worse. If a company is considered "too big" to fail it means they are a senior partner in the US Corporatocracy.
Posted by rmnldr
Member since Oct 2013
39324 posts
Posted on 12/7/23 at 8:37 am to
BlackRock should be broken apart by the next administration. They shouldn’t be owning housing
Posted by LegalEazyE
Madison, Wisconsin
Member since Nov 2023
6292 posts
Posted on 12/7/23 at 8:47 am to
quote:

we make decisions based on the best interests; of our clients, not not based on politics or political ideology."
- BlackRock

Larry Fink - BlackRock forcing behaviors (ESG/DEI)

This post was edited on 12/7/23 at 9:11 am
Posted by coolpapaboze
Parts Unknown
Member since Dec 2006
18212 posts
Posted on 12/7/23 at 8:51 am to
quote:

I doubt the governor has a say in how state retirement funds can or cannot invest.

It likely varies by state, but broadly speaking investment decisions are typically made by a committee, which in most states is comprised of a combination of political appointees and investment staff (state employees). So the governor or treasurer of a given state can influence how money for the state's retirement plans is allocated through the staffing of the investment committee.
Posted by LegalEazyE
Madison, Wisconsin
Member since Nov 2023
6292 posts
Posted on 12/7/23 at 9:08 am to
I recently cashed out a BlackRock plan 401(K). Taking that money and investing it where I see fit. I'm not supporting these companies' BS anymore. We need conservative companies as options to invest with.
Posted by LegalEazyE
Madison, Wisconsin
Member since Nov 2023
6292 posts
Posted on 12/7/23 at 9:15 am to
quote:

If I were an AG I would start suing companies like Disney and Blackrock who are hiring for DEI proposes for discrimination.


This needs to happen on a large scale.
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