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re: BlackRock CEO: “At BlackRock we are forcing behaviors… you have to force behaviors.”

Posted on 6/5/23 at 10:10 am to
Posted by OTIS2
NoLA
Member since Jul 2008
52561 posts
Posted on 6/5/23 at 10:10 am to
I hate those mother frickers
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
62250 posts
Posted on 6/5/23 at 10:13 am to
quote:

BlackRock CEO: “At BlackRock we are robbing the poor to feed the rich… you have to force behaviors to allow us to use things as cover to do this.”



FIFY
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 6/5/23 at 10:14 am to
quote:

It's a peek into how they view others. "Persuade" is when you think your cause is better and you view the other person as having a right to accept or reject it; "force" is when you don't care - you're in charge and they'll do what you say.

Posted by 427Nova
Member since Sep 2022
1722 posts
Posted on 6/5/23 at 10:16 am to
I’m white and rose to top, but you mofos gonna follow my rules. Rules for thee and not for me.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 6/5/23 at 10:17 am to
Rich men at the top have gotten theirs, and in order to keep theirs they need to knock the rest of us down a few pegs.
Posted by Tigers2010a
Member since Jul 2021
3627 posts
Posted on 6/5/23 at 10:19 am to
After the trial, a civilized choice of the rope or the guillotine.
Posted by ABearsFanNMS
Formerly of tLandmass now in Texas
Member since Oct 2014
20205 posts
Posted on 6/5/23 at 10:29 am to
Whoever is running that pension plan needs to be fired!
Posted by South21
Member since Jul 2019
1839 posts
Posted on 6/5/23 at 10:33 am to
What's Fink's ethnic background?
Posted by VADawg
Wherever
Member since Nov 2011
48429 posts
Posted on 6/5/23 at 10:37 am to
quote:

"Forcing" is a horrible choice of words.


No it's not. They're telling you exactly what they're doing. They are going to change your behavior by controlling your purchasing power if you're an individual, or by refusing to provide access to capital if you're a corporation.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 6/5/23 at 10:41 am to
quote:

What's Fink's ethnic background?

How big is his nose?
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
82424 posts
Posted on 6/5/23 at 10:45 am to
quote:

No it's not. They're telling you exactly what they're doing. They are going to change your behavior by controlling your purchasing power


Like I said, that is horrible.
Posted by thermal9221
Youngsville
Member since Feb 2005
15118 posts
Posted on 6/5/23 at 11:07 am to
If you can point to one person ultimately behind ESG and CEI. It’s him.
Posted by SantaFe
Baton Rouge
Member since Apr 2019
7855 posts
Posted on 6/5/23 at 11:08 am to
This situation is a perfect catalyst for a violent Revolution.

I don't think our Founding Fathers envisioned this taking place.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139058 posts
Posted on 6/5/23 at 11:36 am to
Fink uses ETF money/positions/investment to leverage corporate board positions.

So in my own portfolio, I get a shareholder vote for board positions proportionate to my holdings. But if I own the same position through a Fink ETF, Fink usurps my vote, and instead applies it and/or uses my money and that of thousands of others for his personal influence.

Further, while corporate board members carry restrictions as to how they can trade their stock holdings, Fink skirts those requirements in his ETF management.

The GOP needs to get to work with legal challenges to unwind this crap.
Posted by RazorbackLaw501
Member since May 2012
968 posts
Posted on 6/5/23 at 11:36 am to
(no message)
This post was edited on 6/5/23 at 4:46 pm
Posted by RazorbackLaw501
Member since May 2012
968 posts
Posted on 6/5/23 at 11:38 am to
(no message)
This post was edited on 6/5/23 at 1:53 pm
Posted by POTUS2024
Member since Nov 2022
20943 posts
Posted on 6/5/23 at 11:44 am to
Anyone noticed how these "elites" like this guy, John Kerry, and others, increasingly refer to the rest of the population in less-than-human ways, as if we are just lab rats?
Posted by the808bass
The Lou
Member since Oct 2012
128846 posts
Posted on 6/5/23 at 12:08 pm to
quote:

The California State Teachers' Retirement System


They think they’ll be bailed out even if they fail.
Posted by David_DJS
Member since Aug 2005
22765 posts
Posted on 6/5/23 at 12:23 pm to
quote:

They think they’ll be bailed out even if they fail.

What do you think the chances are that they would be?

I'd put it at about 90% probability that you and I would make them whole.
Posted by jimmy the leg
Member since Aug 2007
44317 posts
Posted on 6/5/23 at 12:24 pm to
quote:

I'd put it at about 90% probability that you and I would make them whole.


You’re being conservative.

I’d put it at 99.9%.
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