(05-23-2023, 06:59 AM)flsprtsgod Wrote:

(05-23-2023, 12:17 AM)p_rushing Wrote: Blackrock is pushing all of this. It doesn't matter if the companies lose money. Sales do not matter. Now the only thing that matters is your score. If you do what they tell you and keep your score 100%, then they give you all the money you need. Doesn't matter if you are losing money, market share, etc. They will also keep any competitors that don't do the same from getting too large.

All companies are now putting out ESG reports like it's an actual financial report. If you are a large enough company to want/need their money, you either playball or lose out on all investors.

Some companies don't care but there aren't enough of them. Hopefully if people pushback enough and boycott, they can drain enough money from Blackrock to stop it.

The other option is suing the boards for fiduciary duty but they will probably just point to all they money getting invested. It may open people's eyes though on why it is happening.

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Look, I know all that. But why is Blackrock doing that? It's not just to make money else they wouldn't be doing stuff to piss off the majority of their custimer base.

To shape the world to how they want it and have complete and utter control over every single aspect of everyone's life, more than they already do.  Blackrock, State Street, Vanguard, etc., none of those companies can ever lose money because they own the competition too.  They literally own everything and are the biggest investors in every brand and every competitor of those brands. They rule the world, they rule the politicians, and they rule us.  Now they just say jump and watch as we all say "how high?"

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