- Jul 2021
BlackRock employs a stable of former policymakers, underscoring the importance the company occupies in both financial and policymaking ecosystems, in something akin to a shadow government entity. Good government groups have documented 118 examples of “revolving door” activity by the company—cases in which a government official joined BlackRock’s roster, or vice versa. In one particularly troubling example of how Washington’s revolving door operates, in 2017, a former BlackRock executive was put in charge of reviewing the FSOC’s work for the Treasury Department. Unsurprisingly, the Department’s conclusion was that FSOC should “prioritize its efforts to address risks to financial stability through a process that emphasizes an activities-based or industry-wide approach,” the company’s preferred position. This conclusion all but ensures that BlackRock will not be designated for greater regulation by the FSOC under the Trump administration.
To Big To Fail? Above The Law? Shadow Government?
The term "shadow government" comes up often when investigating Revolving Door partnerships between corporations and former government policymakers. One particular public corporation, BlackRock Investments is the poster child of revolving door activity and comparisons to a shadow government.
BlackRock is front and center in the manipulation of todays Real Estate bubble.
BlackRock should be marketed as;*The Largest Asset Manager and Keeper of The Neo-liberal Flame; We Kill Children to Make You Money and We Enjoy Doing It!*
The New Money Trust: How Large Money Managers Control Our Economy and What We Can Do About It
WTF is wrong?
Where is the moral character and backbone of the American people. We know something is wrong! It smells and stinks yet no one does anything. Most of our elected politicians are useless turds floating in wastewater and the rest are multiple term professional corrupt politicians waiting for the appropriate revolving door opportunity. This has nothing to do with party affiliation, it is rampant on both sides. Political parties perpetuate the illusion as a control mechanism. We see it yet do nothing about it! WHY?
This paper (topic) is typical of the continued "head in the sand" passive financial regulatory system loaded with Sheeple and kiss-ass do nothing idiots. Alarms have been going off since 2005/6 and as predicted then, our financial system imploded in 07/08.
- What lesson was learned?
- Who were the players?
- What disciplinary actions took place?
- Who went to Jail?
Nothing has changed. Corruption and fraud fuel a dysfunctional financial system destined to cripple the American and Global economies. Economists and many within the financial sector know what is going on. Maybe they care about the average person but are afraid to come forward. Maybe they don't care and fully intend to rape and pillage as much of the global society as possible.
The question is what are YOU going to do to protect future generations, your children, grand children and so on?
- State Street
- robber baron
- Term Limits
- Federal Reserve
- we kill children
- Modern financial markets
- Big Three asset management firms
- Antitrust law
- Money Managers
- kiss ass idiots
- US Government
What does The New York Times and a majority of other legacy media have in common with Big Pharma? Answer: They’re largely owned by BlackRock and the Vanguard Group, the two largest asset management firms in the world
The two largest asset management firms in the world own Big Pharma and MSM