|
Israel has just picked WWIII attacking Iran and killing
over 100 in the process. Two bombs were remotely
detonated at an Iranian Holy grave site for martyrs.
The perpetrators are believed to be the Mossad and
possibly the CIA. The reason? The
Western Cabal is losing. Losers tend to bomb
without strategy. They fight randomly – like
mentally unstable psychopaths. The only thing
missing from the Doctor Doom scenario is his white
cat. But that was just a movie…
</strong></p>
<p>What did Iran do to cause this
maelstrom? They exist.
Palestinians are Sunni. Iran is Shia. This is NOT a
war against terrorists, this is a war against the entire
Middle East to deflect from the Zionist takeover of the
West World. To deflect from the Mossad
involvement in the creation of Epstein Island.
To deflect from their involvement in taking down the Twin
Towers and blaming the Middle East – resulting in the
largest most costly war in history. To deflect
from their creation of ISIS to kill everyone – but
Jews.</p>
<p>In 2022, Blinken, Egypt, UAE, Morocco, Bahrain
and Israeli officials met in the Negev desert to discuss
how and when they would destroy Iran and Palestine.
They posed for a group photo all giggles and hand holding
to solidify their alliance in wiping earth of these Muslim
peoples – Sunni and Shia.
<p>Oddly, Iran, Egypt, UAE and Ethiopia just signed
on to the BRICS alliance. Israel is persona
non grati. The BRICS allegiance is purely
peaceful trade, there is no other agenda other than mutual
prosperity. A novel idea that infuriates every
Western Cabalist government. Which is likely the
main reason Israel attacked Iran. Rage.</p>
<p>Despite the monarchial governments of the Middle
East juggling ties with the US and Israel, the people of
these nations are in solidarity with their Muslim brothers
in Palestine. Thus a schism widens unless
these monarchies clean house and realize allies are only
allies as long as they do the bidding of Zion.
Otherwise their lavish cities will become fodder of
bombs. Like Iran. Like Yemen. Like
Lebanon. Like Syria.</p>
<p>The Cabal has no honor or loyalty, they only have
Power. Extending the War in Ukraine – extending the
war in Israel – are the last hurrah of the fireworks
display before it ends. There may be a fire or
two on the ground, but too much information has been
released to retract. And the House of Cards is
tumbling like dominoes. Just ask Kevin
Spacey.</p>
<p>Iran has already stated that vengeance will be
swift citing US and Israel complicity in the
strike. Hezbollah has vowed revenge for the
Israeli drone strike in Beirut killing seven. Turkey
has arrested 34 Mossad agents in the country and Israel
just keeps bombing without any consequence.
The pressure cooker is going to explode and the CIA and
Mossad will be central to aftermath.</p>
<p>The strategy of giving aged stockpiles of weapons
to Israel and Ukraine so that the US can deflect the ‘aid
money’ back to the Pentagon and new weapon production was
the brainchild of Blinken and Austin. The
problem? They depleted inventories before
consigning new contracts. Thus the US, Israel and
Ukraine are staring into the abyss of drag
time. It is no different than quitting a good
job before lining up a new job… But then neither
Austin or Blinken are strategists – they are desk
jockeys. Blinken graduated with a bachelor in
history before earning his law degree and never
practicing… Oddly, Columbia Law School doesn’t
recognize Blinken in any of their notable
graduates. Nor do they seem to recognize Obama
in their notable alumni.</p>
<p>Democrat, Bob Menendez, is accused of taking
bribes from Egypt and Qatar. Gold bars, a Mercedes,
Cashola, are a few of his favorite things. And
suddenly the impeachment on Biden is moot and
mute. But Biden just extended US allegiance to
Qatar… via a ten year extension of of the largest
Middle East military base operation of the US.
What bribe was offered? Where is Mike
Johnson?</p>
<p>Good ole Mikey is at the border taking a photo-op
with 60 cabinet members as they look at the nonwall
crisis. Fark, the nonwall crisis has been
ongoing for THREE YEARS! Looking at it – again
– is not going to stop the flow. It is not
going to do anything but scrape a nail on a
chalkboard. Ouch that hurt my ears. So
how much did my stocks make today? Johnson has
proven to be yet another blowhard.</p>
<p>Israel’s Netanyahu has come up with a solution
for the Palestinians… he wants to voluntarily
send them to the Congo. Voluntary means go or
I will shoot your brains out and every living
relative. The Congo is a death trap. The
Congolese are now one of the major illegal immigrant
marauders crossing from Mexico into the US.
Africans have replaced Hispanics. Africans
with diseases unchecked. County health
officials are now warning staff that immigrant health
centers in the US are overwhelmed with Malaria, TB,
Dengue, Polio, and unknown diseases.</p>
<p>The CDC is pushing every vaccine
imaginable. But 60 Cabinet members are
visiting the Border
Updating Lamm’s Plan To Destroy
America: End Home Ownership, Immiserate Americans,
Incite Anti-White Hate
VDare
James Kirkpatrick
06/20/2021
Veteran immigration patriots will recall Governor Richard
Lamm [D-CO] and his famous 2003 speech “I Have a Plan to
Destroy America” .He outlined nightmarish proposals that
have now become unchallengeable public policy: making
America a bilingual country; encouraging multiculturalism
instead of assimilation to the Historic American Nation;
promotion of divided loyalties; and, perhaps most
presciently, getting “the big foundations and big business
to give these efforts a lot of money” in the cause of
“Victimology.” From the perspective of even just 15 years
ago, America looks conquered and the Regime Media wants to
finish the job of dispossession [The Washington Post:
Treat America Like a Conquered Nation, by Gregory Hood,
American Renaissance, June 11, 2021]. I’d like to update
Governor Lamm’s speech with what’s going on today.
My revised plan to destroy America would have three parts:
First, make sure ordinary Americans can’t own property and
thus build wealth by increasing equity in their homes.
Second, immiserate Americans with low wages and create a
second permanent underclass by what President Joe Biden
has called “unrelenting” mass immigration.
Finally, systematically teach those groups who are already
given special privileges, protections and set-asides by
government that they are actually oppressed and need to
demand more.
All three elements of the program are in place today. If
you want to see what our future looks like, it’s probably
South Africa but worse.
First, let’s consider the question of property ownership.
A popular meme quotes from a video from the World Economic
Forum, a “non-governmental organization” that helps
organize some of the most powerful people in politics,
economics, and culture in pursuit of common goals. A
video from this group in 2018 tells us that in the near
future “you’ll own nothing and you’ll be happy.”
Reuters assures us this is taken out of context and is
simply a possible prediction and an attempt to “start a
discussion” [Fact check: The World Economic Forum does not
have a stated goal to have people own nothing by 2030,
February 25, 2021].
Of course, given that the World Economic Forum is
also where “The Great Reset” (also promoted by Time) and
the endlessly repeated “Build Back Better” slogans come
from, perhaps we should be a little suspicious of the
Regime Media’s assurances and start to wonder where this
“discussion” is going [To build back better, we must
reinvent capitalism. Here’s how, by Peter Bakker and John
Elkingo, World Economic Forum, July 13, 2020].
If anything like one of the Regime Media’s “conversations
about race,” it’s going to be something more like a
screeching lecture from our rulers.
Thus, Bloomberg tells us that home ownership is probably
going to be out of the question for most Americans but
this is actually a good thing.
Rising real-estate prices are stoking fears that
homeownership, long considered a core component of the
American dream, is slipping out of reach for low- and
moderate-income Americans. That may be so — but a nation
of renters is not something to fear. In fact, it’s the
opposite.
Of course, this is the exact opposite of the “Affordable
Family Formation” that a serious country would pursue for
its citizens or constituents. The financialization of the
housing market means that people can’t build up equity and
wealth by owning and developing property. A country of
renters isn’t a country at all, but simply a
conglomeration of consumers who have no ties to any
locality, community, or people.
Perhaps that’s the point.
Interestingly enough, someone can afford to buy all those
homes. It turns out that it’s BlackRock, among other
investment firms [BlackRock, other investment firms
‘killing the dream’ of home ownership, journalist says, by
Charles Creitz, Fox News, June 12, 2021]. BlackRock is the
largest asset manager in the world and one of the leading
champions of Woke Capital [Larry Fink’s 2021 letter to
CEOs, Blackrock].
Ben Shapiro assures us that this is all just fine, the
free market at work and all that.
He doesn’t mention that BlackRock essentially operates as
an arm of the government, helping the Fed manage bailout
payments and bond purchases [Massive bailout leaves Wall
Street giant exposed to fire from all sides, by Victoria
Guida, Politico, June 7, 2020].
As is so often the case on every issue that matters, the
liberal media is on the same side as Respectable Right
opinion [“This is wealth redistribution”: Blackrock and
other Institutional Investors Buying Entire Neighborhoods
At Huge Premiums, by “Tyler Durden,” ZeroHedge, June 12,
2021].
All agree the real problem isn’t BlackRock, but local
governments who don’t want their communities turned into
overdeveloped urban hellscapes.
BlackRock Is Not Ruining the U.S. Housing Market, by Derek
Thompson, The Atlantic, June 2021
The Problem With the ‘BlackRock Buying Houses’ Meme, by
David Dayden, The American Prospect, June 16, 2021
Wall Street isn’t to blame for the chaotic housing market,
by Jerusalem Demsas, Vox, June 11, 2021
And, wouldn’t you know it, the Biden Administration is
advancing a plan, under the guise of “infrastructure,”
that would prevent communities from limiting neighborhoods
to single-family housing. It’s simply a continuation of
the “flood the suburbs” agenda the Obama Administration
pursued with its housing policy [AFFH: Four Letters that
Spell TROUBLE, by Gregory Hood, American Renaissance,
September 18, 2020].
Who will be populating these emerging favelas? Naturally,
the worldwide flood of migrants (legal and illegal) that
are coming to America now that border enforcement has
essentially been abolished. Illegal immigration has surged
by 674% from last May [Ted Cruz Wallops Joe Biden For
Touring Europe Instead Of Inspecting Southern Border
Crisis, by Wendell Husebo, Breitbart, June 15, 2021].
President Biden is already seeking to expand legal
immigration, which will further the already disastrous
housing conditions in tech hubs like San Francisco [Biden
Aims to Rebuild and Expand Legal Immigration, by Michael
Shear and Zolan Kanno-Youngs, New York Times, May 31,
2021].
This process leads to a negative feedback cycle.
Progressives move away from cities suffering from soaring
costs of living and crime and go to conservative areas,
where they vote in the same destructive process they just
fled [COVID-19 Set America’s Housing Market On Fire. That
Could Alter U.S. Politics For A Generation, by Peter Lane
Taylor, Forbes, March 11, 2021]. One is reminded of the
“locust” aliens from Independence Day traveling from place
to place, leaving desolation in their wake.
This population pressure from mass immigration is a
feature, not a bug, from the Progressive perspective. The
combination of endless immigration, population increase,
and urbanization ensures a permanent Progressive majority.
It also means that any allegedly Progressive goals, such
as reducing inequality or protecting the environment,
become impossible to achieve. But who cares about that
when you have power?
Of course, there’s a final ingredient for this program of
national deconstruction to work. There must be eternal
racial conflict and powerful incentives for people not to
assimilate to a common culture. This is where Critical
Race Theory comes in.
Perhaps uniquely in the history of the world, the American
government is actually inciting its population into a
state of permanent resentment and lawlessness, creating an
ever-swelling parasitic class. There is no point at which
“equity” can realistically be attained. And so the racket
will continue forever.
We are already trapped in this situation with
African-Americans, the bulk of whom at least have the
excuse of having been brought here as slaves. (Vice
President Kamala Harris does not have that excuse, her
cringe-inducing attempts to relate to most black Americans
notwithstanding.)
Mass immigration means that we are importing another
permanent underclass, incentivized and rewarded by
academia, media and the government into destroying
American institutions.
The “country” will emerge at the other end of this process
will be barely worthy of the name. It will be a landmass
full of shiftless, random consumers desperately trying to
flee each other but trapped by permanent financial
serfdom. There will be no uniting culture, ethnicity, or
even political myth. There will be just permanent,
simmering conflict with an increasingly authoritarian
government using naked repression against the naïve white
Americans who keep the failed experiment stumbling along.
If I were deliberately trying to destroy the country, I
wouldn’t be doing anything differently than what our
rulers currently are.
If there’s one problem with Governor Lamm’s speech, it’s
that he didn’t anticipate just how malevolent our Hostile
Elite really is.
xxxxxxxxxxxxxxxxxxxxxxxx
ALADDIN: The Most
Powerful Political Force In The World Today
NewStatesman ...
StateoftheNation
Posted on June 15, 2022 by State of the Nation
Meet Aladdin, the computer “more powerful than
traditional politics”
How a single computer system came to influence the value
of vast swathes of the world’s financial assets.
By Will Dunn
(Photo By Shutterstock )
The winter of early 1993 was a cold one in New York; the
beginning of February saw the mercury drop below -13°C.
Each morning of that winter Jody Kochansky would arrive at
6.30am at the Manhattan offices of BlackRock, and begin
going through the printouts.
“I’m not a big morning person,” Kochansky admits. To
compound the early start, the first job of the day was
also the most arduous: “to take the risk reports, to flip
the pages and literally to compare the portfolio as it
looked today versus the portfolio as it looked the
previous day, by hand.” The first web browser would not be
created until later that year; “the delivery mechanism was
paper”, but Kochansky and his team found a solution. “We
said, let’s take this data, and rather than print it out,
let’s sort it into a database, and have the computer
compare the report today versus the report yesterday,
across every position.”
From a simple time-saving system designed while most of
New York was still in bed, BlackRock’s computer system has
grown into the “operating system” for a company that has
itself grown into the world’s largest manager of financial
assets. The system, now known as Aladdin, inhabits
multiple datacentres – warehouses filled with servers –
and is used by around 13,000 BlackRock employees and
thousands more people at the company’s clients, who pay
for the analysis the system provides.
This is how much money Aladdin manages: if you took every
last cent out of every bank in every country in the world,
emptied the wallets and pockets and penny jars of all 7.6
billion people, if you rummaged down the back of every
sofa and emptied every till and safe until you collected
every scrap of currency in the world, you would have a
pile of cash worth around five trillion dollars. The total
value of assets under management by BlackRock is $6.3
trillion. But Aladdin also delivers risk analysis on the
assets managed by its clients, which are valued at more
than double that amount. Overall, Aladdin has an effect on
the management of around ten per cent of the world’s
financial assets, or around $20 trillion. Over 25 years,
it has grown into a system that is directly or indirectly
responsible for more than four times the value of all the
money in the world.
The fact that Aladdin demonstrates about financial
technology is that it is not the technology itself that
creates success, but how it is used. Kochansky says
broker-dealers were using powerful mainframe computers to
understand the risks that applied to different investments
as far back as the 1980s. BlackRock’s founders invested in
new “workstations” – “cheaper computers, that cost tens of
thousands rather than millions”. Their innovation was to
use the cheaper computing power not only to sell
securities, as others did, but to know the true value of
what they were buying.
How does a computer know how risky something is? Kochansky
says that the mathematics “can be fairly complex”, but
that Aladdin uses “Monte Carlo simulations”, among other
models, “to try to see what happens to the security under
different kinds of environments”. A Monte Carlo simulation
is a type of algorithm that simulates the messy
unpredictability of the real world within the
deterministic order of mathematics. To do this, it uses
random numbers to calculate not exactly what will happen,
but what is likely to happen.
When BlackRock began applying this type of mathematics to
building portfolios, they were run on a single Unix
workstation that was “literally the desktop computer for
the trader,” Kochansky remembers. “But then at night we
would use the compute resource to run our bond analytics,
and the next morning the portfolio manager would get a
fancy report that other buy-side organisations couldn’t
get.” The “fancy report” would contain risk analytics on
“everything they owned. Every single day, our portfolio
managers could see the risk on their entire portfolio.”
Today, when analytics are applied to everything from
training athletes to selling deodorant, this would be
expected, but in the early 1990s BlackRock was the first
and only company to use data in this way.
“Nowadays the hot topic is fintech,” say Kochansky. “I
like to think that we were one of the earliest fintechs.”
But BlackRock soon realised that the system should not
just calculate risk. The next step was to use the system
for “position-keeping, record-keeping, and control”. The
reason for this was that at the time, with risk calculated
separately from positions, analytics were always one step
behind trading. “We realised that if you know how risky a
security is, but you don’t know how much you own, you
don’t really know your risk,” he explains. “You ultimately
have to marry the risk calculations at the security level
with the portfolio holdings to truly get a view of risk.
We needed to know how much we owned.”
This insight was particularly important in the autumn of
1994, in the wake of a crisis in the bond market
remembered by Fortune magazine as “the Great Bond
Massacre”. As bond prices fell, General Electric began
looking for a buyer for a Wall Street broker-dealer that
it owned. “They went to other broker-dealers,” Kochansky
remembers, “and said, hey, we’ve got this complex
portfolio, can you provide a bid for it – in other words,
how much would you pay me for it?” The bids GE received
were low – “much lower than they had expected.” Kochansky
says this “makes sense, because they were trying to move a
big block of securities” – companies rarely get top dollar
for their stock during a closing-down sale. The answer was
to have BlackRock manage the portfolio, gradually selling
it over time.
Kochansky and his team “literally pulled three
all-nighters in a row. We modelled the entire portfolio.
It was very painful, lots of coffee. But when we were done
– wow.” Incorporating a broker-dealer system into Aladdin
was, says Kochansky, “the moment when we realised that the
platform was capable of doing a lot of things that we
hadn’t even contemplated at that time.”
By the mid-1990s, the system was able to “rebalance”
portfolios “in more automated ways”. Once a portfolio
manager knew how risky their portfolio was and how much
they owned of every security, they would look to invest in
other securities, and Aladdin was designed to adjust the
portfolio, to balance automatically the risk being
introduced. It was in this way that Aladdin was given,
says Kochansky, “the ability to interact with the
marketplace. In those early days, in the mid to late 90s,
the vast majority of trading in fixed-income was really
based on the telephone. People would pick up the phone and
offer two-year notes and that kind of thing. So as the
electronification of the marketplace was happening, we
were building out the market-facing technologies.”
In 1999, BlackRock went public at $14 a share. Kochansky
points to other moments in the firm’s history when the
company and its technological core had to be recalibrated.
In 2006, BlackRock acquired Merrill-Lynch investment
managers and “we suddenly became very international, and
we became very equity”. But it was the financial crisis of
2008 that really proved Aladdin as a significant influence
on the global economy. As the government struggled to make
sense of the febrile financial markets, asking an
investment bank to help value the rest of Wall Street
would have been, Kochansky puts it diplomatically, “a
potential conflict”. “And so I think as these governments
– it wasn’t just the US government – looked around and
asked who had the capabilities to gain the insight into
what’s happening in these portfolios, that’s a relatively
short list.” Unlike an investment bank, BlackRock does not
trade its own capital. This fact, coupled with its
analytical prowess, gave it an unparalleled ability to
value the twelve-figure refinancing deals needed to keep
the US economy afloat. In 2010, Vanity Fair reported that
“BlackRock has effectively become the leading manager of
Washington’s bailout of Wall Street”. BlackRock’s share
price at time of writing was $521.
The simulated economy
While the world has changed dramatically since Kochansky
started at BlackRock in 1992, he says that “a lot of the
mindset that was created then propagates today. The
principles are the same. What we nowadays call Aladdin –
at the time, it didn’t really have a name – is the
operating system for BlackRock.”
In 1994, when Kochansky and his team worked for 72 hours
to rewrite Aladdin for the first time, “the entire effort
around Aladdin was maybe 40 or 50 people. Nowadays, within
the Aladdin product group we have about 1,500 to 2,000
people that contribute to Aladdin in different forms.”
Physically, Aladdin occupies three datacentres in the
United States. Unusually, these are owned by the company
itself rather than a third party. The company is looking
at opening a pair of datacentres in Europe. Kochansky says
“it’s hard to characterise it exactly by number of
computers, but one way to think about it is that we are
running the risk analytics on tens of millions of
securities.” Every individual security is valued through
“thousands and thousands of Monte Carlo simulations, and
each simulation is a matter of creating an economic
scenario that’s based in statistical grounding. One
security manifests as millions of scenarios. So, we are
running billions and billions of scenarios every single
night and throughout the day.”
In a typical day, Kochansky adds, the cloud-based system
will pass “tens of billions of messages” to distribute
analytics to users and clients.
Every security that is analysed goes through “the economy
process”, which Kochansky describes as valuation in the
context of every data point BlackRock can gather than
might affect the economy – “a real-time snapshot of all
sorts of market information. So, anything you could
imagine that’s going on in the marketplace – what are the
Treasury rates, what’s the shape of the yield curve,
what’s going on in equities, what’s the state of
volatility. In the case of mortgages, you want to know
stuff about the rate of inflation, home price appreciation
trends by zip code. We call that ‘the economy’.”
Every single one of the tens of millions of securities
Aladdin analyses is valued against “hundreds of thousands
of data points each day”, in thousands of different ways.
Too big to fail?
In December 2013 Stanley Pignall, the Economist’s finance
correspondent, said of BlackRock that “it’s unprecedented
to have a single firm that has such a grip on the way that
not only itself, but its rivals, look at the world.” While
Pignall said BlackRock was not “too big to fail” in the
sense that some banks had been – as an asset manager it is
not exposed to the same risks – he said the sheer size and
power of the Aladdin platform had some economists spooked.
The reason, said Pignall, was that so much value is now
managed using Aladdin that if, for example, JP Morgan,
Deutsche bank and some of the world’s biggest sovereign
wealth finds all use the same model, “the risk is that
they start finding certain types of assets attractive, or
unattractive, at the same time. You’d get a herding of
investors,” Pignall suggested, similar to that “in 2008,
when too many people started listening to the credit
rating agencies, and started buying products that were
linked to subprime real estate in the US.”
Kochansky answers that “it’s important to recognise that
Aladdin itself does not predict the future at all. Aladdin
tells you what you have in your portfolio. It doesn’t tell
you what to buy.” There are, for Aladdin, no good or bad
bets – there is only risk, in varying degrees.
“The enterprise clients have a separate instance of
Aladdin,” he adds, “meaning that it’s all their own data,
running on separate computers, separate databases. They
dial the models based on their views of the markets, their
views of risk. Aladdin doesn’t dictate to them how to run
their business.”
Nor is Aladdin the only system in play. “Keep in mind that
the models in Aladdin are based on historical data. There
are many providers in the marketplace that provide risk
models based on historic data. Our models are world-class,
but we’re not the only model provider in the world,” says
Kochansky. Elsewhere, behemoths such as MSCI Barra and
Bloomberg offer their models and systems that may
influence still more value even than Aladdin. While
Kochansky admits, memorably, that “$20 trillion sounds
like a lot of money,”there may be, “in the grand scheme of
the capital markets”, models that have still greater
influence.
The idea that computer systems and financial models of
this sort quietly underpin the value of almost everything
in the world (everything that can be invested in, anyway)
could be either frightening or reassuring. The filmmaker
Adam Curtis has described Aladdin as “a kind of power
never seen before… more powerful in some respects than
traditional politics.”
On the other hand, if the principal aim of such a vastly
influential system is the management of risk, it could be
the steady hand that the markets of the future will need .
A powerful stabilising technology such as Aladdin could
yet be the source of “Great Moderation” that neoliberalism
tried to deliver.
Either way, Aladdin is set to become more powerful still.
BlackRock’s $109bn research unit, the Systematic Active
Equity division, has been investigating artificial
intelligence for some time, and the company recently
announced that it is building a new laboratory in
California to develop this technology even further. As to
what kind of future this creates for the world and its
economy, Aladdin itself will probably be the first to
know.
___
Why Haven’t We
Heard About BlackRock’s Aladdin?
ON SEPTEMBER 11, 2023 IN CONFLICT$
ALADDINArtificial Intelligence (AI)BlackRockBlackStoneCFR
- Council on Foreign Relations (NWO)cov-ID-19ESGLarry Fink
(BlackRock-NWO)Vanguard (NWO)World Economic Forum (WEF -
NWO)
Updated:4 months agoReading Time:14MinutesPost
Words:3624Words
Print Friendly, PDF & Email
The AI at the top of the World’s Pyramid – ALADDIN’s 5,000
supercomputers now act as the central nervous system for
the world’s most sophisticated investors and asset
managers.
The reason why BlackRock is so efficient in influencing
governments around the world is because ‘ALADDIN’s’
extensive technology program operates more than $21.6
trillion in assets.
ALADDIN
Asset
Liability
And
Debt and
Derivative
Investment
Network
This Robot Already Owns Everything (And it’s just getting
started) : BlackRock ALADDIN
30 Nov 2021 YouTube | Rumble-Mirror | Download on Telegram
Source: Roger
James Hamilton
This is the story of ALADDIN, and how it – and BlackRock –
took over Wall Street.
BlackRock has a secret weapon that has made it the most
powerful company in the world: ALADDIN. If you’re ever
wondered how Artificial Intelligence could impact our
lives, here’s the answer. ALADDIN is the brainchild of
Larry Fink, and it already controls more assets than the
GDP than the US. It’s growing by $1 trillion to $2
trillion new assets in its control each year.
Transcript
What if I told you there is a robot that controls more
wealth than any country on earth? A robot so powerful that
in the last 10 years it has quietly created the biggest
company in the world.
This is the story of a robot called ALADDIN. It’s Wall
Street’s best kept secret and it’s gobbling up every asset
class across every industry. ALADDIN now controls $21
trillion of our global economy. To put that in
perspective, that’s more than the $20 trillion GDP of the
US, or the $15 trillion GDP of the entire European Union.
Aladdin-NewStatesman
The New Statesman wrote, The total physical cash of all 7
billion people and every company, bank vault, wallet and
piggy bank in the world, is around $5 trillion. ALADDIN
has grown into a system responsible for more than four
times the value of all the money in the world. (01)
This one robot directs the actions of the US Federal
Reserve, almost every major bank and investment fund on
Wall Street, and over 17,000 traders. It controls half of
all ETFs, 17% of the bond market, 10% of the global stock
market, and carries out a quarter of a million trades
every day and billions of forecasts every week.
Year after year, it hoovers up trillions of data points on
every market, every company, every asset and now even each
of us, what we buy, sell and say, so that it knows what to
buy and what to sell far better than any human being.
Every major bank, company and investment fund has come to
rely on ALADDIN, and it’s all powerful AI and algorithms
to beat the market. And if they didn’t, they’ve collapsed
and failed in ALADDIN’s wake. And you know what the
craziest part of this story is? This robot is just getting
started, so where did ALADDIN come from and how did it get
so powerful? (02)
larryfink-blackrock-wef
BlackRockESG-AI-WorldsMoney
ALADDIN is (reportedly) the brainchild of Larry Fink, the
founder of BlackRock, and its total dominance has made his
company the biggest shadow bank in the world, and the most
powerful company on earth. (03) (04) (05)
(Note: He also sits on the boards of the Council on
Foreign Relations and World Economic Forum, and is all in
on the ESG (climate-gender-race) control over the world’s
corporations) (06) (07) (08) (09)
The story we’re about to hear is equally unbelievable and
terrifying. In fact, you would think it was science
fiction if it wasn’t very real and happening today.
This story starts in the 1980s, when Larry Fink was making
millions pioneering mortgage-back securities at Wall
Street Bank, First Boston Corporation. That’s right, the
same mortgage-back securities that caused the 2008 global
financial crisis 20 years later. (10) (11)
But back in the 80s, he was in an epic Wall Street rivalry
with Lewis Ranieri as Salomon Brothers (now a subsidiary
of Citigroup), made famous as a ‘Big Swinging Dick’ in
Michael Lewis’ book, Liar’s Poker. (12) (13) (14)
Back then, Larry was making millions for the bank and was
on track to be First Boston’s CEO. And then in 1986, an
error in the back office computer models led to Larry
making the wrong trades and he lost the company $100
million. The result was Larry leaving the bank as a
failure with the stupid computer to blame.
With that experience, Larry had just one ambition, to
build a super smart robot that could pick out risk and
opportunity in the market and do it better than any
computer or human could do. In 1988, he launched a new
startup BlackRock with a tiny coding team to give birth to
this robot.
Its name? ALADDIN. Which stands for Asset, Liability And
Debt Derivative Investment Network. (15)
In its first 10 years, ALADDIN was fed information about
every asset, price movement, and risk variable in the
global bond market, Larry’s specialty. And in 1999, when
ALADDIN turned 11, ALADDIN was getting so intelligent at
picking losers and winners that Larry began selling access
to his data to other Wall Street firms. That same year, he
took BlackRock public on the New York Stock Exchange.
Straight after the IPO, the dot-com bust burst, pushing a
wall of money from the stop market to bonds, which ALADDIN
had become the undisputed world champion in. (16)
Within years, BlackRock had become a trillion dollar
company and has money started shifting back to shares.
What did Larry do? He bought the asset management arm of
Merrill Lynch, which was focused on shares. (17)
So the gift for ALADDIN’s 18th birthday? All the data
points for the entire stock market, and suddenly ALADDIN
had a new playground, analyzing every stock trade and risk
factor for every company on the stop market. As a result,
today BlackRock, together with his two closest rivals,
Vanguard and State Street, both of which also rely on
ALADDIN’s mountain of knowledge, have become the biggest
shareholders of over 40% of all public listed companies in
America. (18)
2008, the global financial crisis hit, and before ALADDIN
turns 21 years old, is caught on by every Wall Street bank
and Timothy Geithner, the head of the Federal Reserve and
the US Treasury. (19)
As soon as Lehman Brothers collapsed and the Wall Street
meltdown began, the US government came calling to save the
next collapsing bank, Bear Stearns. (20) (21) (22) (23)
It was ALADDIN who decided which assets to keep and which
to leave in the $30 billion rescue package. And few people
know it was a robot that saved America from disaster.
With that first success, the Fed, US government and now
even European and Japanese central banks began relying on
ALADDIN to make the cause and where the $2.5 trillion of
new money they printed should go. The majority of it?
Bonds and funding to prop up the mortgage companies and
banks. But wait, aren’t these exactly the assets that
ALADDIN and BlackRock already were invested in? Exactly.
(24)
2008-Crash-BlackRock
Economist-2013-BlackRock
But growing protests of conflict of interest were drowned
out by the noise of the printing presses, printing more
money. (25)
As the assets controlled by ALADDIN rapidly grew to $11
trillion by 2013. In the last decade, ALADDIN has gone
from the leader to the dominator of all financial markets.
(26) (27)
iShares-BlackRock
BlackRockETF3tn
With BlackRock’s Barclays acquisition, it got iShares.
Barclays exchange traded funds units or ETFs. And with
that, ALADDIN moved from Dominator of Bonds and Equities
to Dominator of ETFs, just as all the biggest investors
shifted from mutual funds to ETFs. (28) (29) (30) (31)
(32)
And that’s when in 2017, everything changed. On ALADDIN’s
29th birthday, Larry launched a top secret project at
BlackRock code-named “Monarch”. (33)
Which led to the firing of his fund managers and replacing
their funds with ALADDIN’s funds. The robot was now
eliminating humans from the equation altogether. And as a
result, today over 70% of all trades on US Stock Markets
are decided by robots, with ALADDIN leading the way. These
trades are completed from beginning to end without a human
involved in high-frequency trading far faster than a human
can execute.
Now, if this was just a story about a robot taking over
the job of Wall Street traders, you might not be so
concerned, unless you’re one of those traders. But in the
last three years, as ALADDIN hit $20 trillion in assets,
incredibly, it has begun to consume and control at an even
faster rate.
Bloomberg-FinkWeTrust
Department-of-BlackRock
First, in 2020, as ALADDIN turned 32 years old, the US
government and Federal Reserve again came calling as a
pandemic hit. ALADDIN was again the one to guide the
nation in what was now $4 trillion of newly printed money.
Where did the money go this time? Inexplicably, for the
first time, the Fed began buying ETFs in 2020. Well,
that’s a little strange. And again, the cries of conflict
of interest were drowned out by the money printing. (34)
And then, ALADDIN revealed its endgame.
Recently, BlackRock acquired EFront, which collects data
on the things that you and I own, including private equity
and real estate. And since then, ALADDIN has consumed
EFront’s data on the entire global real estate market, and
yep, you guess what happened next. (35)
27Mar2022-BlackRock-SingleFamily
2021-BetterDwelling-BlackRockBlackStone-BiddingWar
Over the last two years, BlackRock and other funds using
ALADDIN’s data have begun buying up single-family homes,
where they can afford to out-bed the rest of us as they
have unlimited financing at hyper low interest rates. (36)
(37) (38) (39) (40) (41) (42)
The result is home prices rising by 20% over the last two
years and pushing now even big players like Zillow out of
the market. (43) (44)
And here, we see ALADDIN’s endgame, to be the one
hyper-intelligent AI robot that not just controls
war-street assets, but all assets, public and private.
Now, I’m not into conspiracy theories, but even a skeptic
with eyes wide open can see the signs.
YouWillOwnNothing-AndBeHappy-WEF
DontWorry-IdBeHappyToRentItToYou
We’re already at a point where no one can compete without
ALADDIN.
As CEOs and asset managers like Anthony Malloy are now
saying, “Aladdin is like oxygen. Without it we wouldn’t be
able to function”. (45)
And what about government regulation? Well, Joe Biden has
appointed BlackRock executive Brian Deese as head of the
National Economic Council, which basically means the
oversight of ALADDIN and BlackRock is now the
responsibility of BlackRock. (46) (47) (48)
And Biden has also appointed BlackRock Chief of Staff,
Wally Adeyemo, to be assistant secretary of the Treasury,
which means BlackRock is now the Treasury as well as the
Treasury Advisor. (49) (50) (51)
And this story is far from over. The genie is out of the
bottle, and ALADDIN has already reached a tipping point
where one robot controls more wealth than any person or
country. But as ALADDIN’s AI capabilities continue to
grow, and with this rate of control rising by another
trillion to two trillion dollars in new assets every year,
it looks inevitable that war-street secret weapon could
end up owning everything, and we end up owning nothing.
Posts tagged: BlackRock | Vanguard | Larry Fink
Jews wall street
In less than a week the Federal Reserve has been merged
with the U.S. Treasury (implying it wasn’t always that
way) and BlackRock, the world’s largest and most powerful
financial services institution, has been put in charge of
executing future acquisitions and trades.
Who is BlackRock? What do they own? And perhaps more
importantly, what and who do they control? Jazz and James
dive into BlackRock and uncover a significant portion of
the apparatus by which U.S. politics are controlled and
manipulated.
Full episode: TheRightStuff
Transcript follows below.
(Backup audio in case YouTube decides this is something
Americans shouldn't know about.)
y2mate.com_-_how_blackrock_leveraged_control_of_the_u.s._economy_qt4ekclqeei.mp3
About the FTN and TRS podcasts:
FTN and the other podcasts on the TRS podcast platform
have become required listening for anyone serious about
understanding American politics. In a highly professional
and competent manner, they analyze topics, including
Jewish influence, that others won't.
The FTN podcast in particular is hard news focused,
delivering fresh dissident angles on current events that
ruthlessly challenge the mainstream narrative.
Some of their episodes are free to the public, while
others are behind a $10 monthly paywall, probably the best
value in American journalism today because you get access
to several excellent shows for that price. We highly
recommend Eric Striker's, (editor of the excellent
National Justice website), and Mike Enoch's 'Strike and
Mike' (1X per week) which are also more hard news focused.
The Daily Shoah with Mike Enoch, Jesse Dunstan, and Alex
McNabb, (3X per week), which is a less formal, Joe Rogan
style radio talk show, is also excellent.
Transcript: the following is machine transcribed. There
may be some errors.
[00:00:08] This nationalizing a large swath of the
financial markets. Now we've talked about the
financialization of the country that started really in the
1970s. With things occurring before the 1970s. But the
actual financialization of the economy in 1970s really
took off under Ronald Reagan. We did the Reaganomics
demographic deep dive. Sorry, Reaganomics, demographic,
death spiral, deep dive that we did over Labor Day in
twenty nineteen. Very good podcast that we did on that
detailing that it was took off under Reagan, took off in
two fold under Clinton and has continued and they have
used these various recessions.
[00:00:55] The last one was the 2008 financial crisis and
this is the latest one actually they had the longest run,
longest bull market run in a long time and it's only a
matter of time the economy had to be reset and that's what
they're doing with this right now. We've talked a lot
about this being a restructuring, but this is formalizing
this in a way that has never been done before. Now, the
big headline that people are getting hung up on is the
merger of the Federal Reserve and the Treasury into one
organization, implying that they were separate independent
organizations at any point ever.
[00:01:28] That's not actually the real story. We'll talk
about what they're actually doing, because what they are
doing is they're sort of just admitting that it's not it's
not that anymore. Like before they would at least put up
the pretense that they are separate organizations and
they're independent and yadda, yadda, yadda. Now they're
sort of dispensing with all of that. But the bigger news
is that BlackRock's involvement. So let me walk through
this here. So the you this this fits in with our
narrative. Lots of confirmation bias. In the past few
weeks, you've seen the Federal Reserve cutting rates by
150 basis points to near zero. And they have run through
virtually the entire handbook for the 2008 crisis. They've
done one rate cut after another, followed by an emergency
rate cut. They added a million sorry, they added a
trillion dollars a day in repo injections. They used
emergency powers to create this commercial paper facility
for pumping overnight liquidity into the market, literally
making the money printer.
[00:02:31] Rigoberta?
[00:02:32] Yeah, it is. That's exactly what it is. It's
literally a facility for Birx restart quantitative easing.
Then they changed it to unlimited quantitative easing,
which is just fancy speak for Birx agreed to purchase
unlimited bonds for the first time ever agree to loan
directly to corporations, which is something they've never
done before then. Originally the stimulus was supposed to
be a trillion. Then it became two trillion. Then it became
six trillion. And so they've also added six hundred twenty
five billion dollars worth of bond buying a week going
forward.
[00:03:06] So if this continues implying that the Fed and
the Treasury are two separate entities, the Fed is going
to own two thirds of all of the T-bills in the market in
less than a year. So it's I mean, this merger of the two
is becoming formalized. They've brought back a lot of
these acronyms that they had in the 2008 crisis, which
were on a much smaller scale. And at that time, you had
Bush 43 and Obama had handed over a lot of the control of
these programs to Ben Bernanke. But this is all being run
by Steve Manoogian now, who is the treasury secretary. And
so you have the commercial paper funding facility, CPF F,
which is going to be buying commercial paper from the
issuer. You have the PMI, CCF, which is the primary market
corporate credit facility, which is buying corporate bonds
from the issuer.
[00:04:00] You have τα, which is the term Asset Backed
Securities Loan Facility, which is a funding backstop for
asset backed securities. You have S M CCF, the secondary
market corporate kett Creek. You've got to have a backup,
right? You have the primary market, a corporate credit
facility, and then you have a secondary market, corporate
credit facility.
[00:04:20] So they're gonna be buying corporate bonds and
bond ETF in a secondary market. And then you have the M SB
LP, Ms. Lope Main Street Business Lending Program, details
to come. We don't have a lot of details about how Main
Street is going to be helped out on this. But these are
all organizations that were stood up back then. And so
they learned a lot from then and they have realized that
they need all of these sort of formalized in a way that
can be controlled directly by the Treasury. Right.
[00:04:51] They don't have to pretend that the Fed is
operating independently and loaning money to Detroit. I
mean, it just doesn't it's the whole thing is just like.
All right. Let's just drop this whole charade that we've
been doing. Right. I mean, this is and as we pointed out,
that. Emptied all of these things when I read through the
list of all the rate cuts in repo injections and
quantitative easing. Line kept going down line. Loved the
six trillion dollar stimulus until Frady and then the line
headed for the hills again, nine hundred point drop. So I
don't know what it's going to be doing next week. It's
going to be very volatile.
[00:05:28] But they're trying to stand all this up to
keep things moving along, aren't they? James?
[00:05:34] Yeah, that's I mean, that's the plan. And
actually things you can make an argument. They're going to
be even worse. I would make an argument. We would make the
argument. Things are going to be worse and more complex
than they were 10 years ago back in 0 8 because of these
new financial innovations and novel investment vehicles
that have come online. Right. When you have the VA health.
If B as this backstop for the asset backed securities and
PMC ISEF buying these corporate bonds. Well, there have
been new innovations in these markets since 0 8 where not
only now we have the Fed back in back in 0 8, No. 9, they
were buying up the mortgage backed securities.
[00:06:11] Right. And taking control of those. But that
premise has been exported to other sectors, other security
sectors. So you have now a student loan backed securities
like we've talked about car loan, bundled securities like
we've talked about, all of them organized a Sub-Prime
prime, one star or three star. All of these ratings and
the Fed is committed now to buying these buying these up
with Treasury at this point as committed to buying these
up. So you're going to have much more activity in these
facilities, much more much more repurchasing going on than
you had in 0 8. And that is just going to have cyclical
downstream effects.
[00:06:49] It will. And it just the whole so it's this is
buying time for the system. This is you know, obviously
they had to do this in order to sustain it for what they
hope is going to be another decade or two.
[00:07:02] They're trying to put this in place where they
think it can go on forever. But what they're finding out
is that it creates imbalance. Right. Like the 2008 crisis
led to a lot of issues in the economy, but not it, not
just in the economy, in the political world as well. It it
it actually pushed people on both ends of the spectrum
away from the kosher center. Right. You get people that
are more interested in a Donald Trump than a Jeb Bush. You
get people more interested in a Bernie Sanders than in a
Joe Biden. And if they can steal the election, they will.
But they didn't count on Donald Trump. And so, you know,
now that he's been fully brought to heel, he's going to
give Schlomo whatever the fuck line he wants.
[00:07:44] And that is if Trump wants that, too. Right. I
mean, he's been he's been, you know, demanding that the
central bankers use their power to force line at least
10000 points higher. I mean, he's so angry about no Dow
30000. And it's unlikely, especially if he doesn't win
re-election, that he'll ever see Dow thirty thousand. And,
you know, just imagine if he'd been able to convince them
to do that. How much further this whole thing would have
fallen because it's all froth. None of it's real. So the
Fed essentially a.k.a. Treasury, one big organization,
money printing Gober, they're going to finance these
special purpose vehicles for each acronym that I mentioned
above to conduct these operations.
[00:08:30] And so the Treasury is going to use these and
become a each each SPV will be in a first loss position.
So this means that the Treasury, formerly not implying
formally, is going to be buying all the securities and
backstopping loans and the Fed is going to be acting as
the banker providing the financing. But really, it's just
one entity. They're doing both. But the new the new kid on
the block is BlackRock and BlackRock. We're going to talk
a lot about BlackRock here in a minute. But they have
agreed to purchase these securities and handle the
administration of the S.P. v.'s on behalf of the Treasury.
[00:09:11] So this is this like totally not a government
agency, right? The Fed and Treasury are being consolidated
and then run by BlackRock. Essentially, it's what they're
going to be doing. And that's to ensure that this
continues beyond any presidential administration, beyond
what anyone says or does and totally outside. I mean,
what's what's the purpose of a Fed chairman at this point?
It doesn't make sense. And so they've asked them to steer
tens of billions of dollars of bond purchases. And they
are BlackRock is the world's largest money manager. They
will purchase commercial mortgage backed securities on
behalf of the New York Fed.
[00:09:55] They will determine which securities are
guaranteed by Fannie, Freddie and Ginnie Mae. I don't even
know. Ginnie Mae existed in BlackRock will execute all the
trades. It's like man must be nice to me. BlackRock
actually gets. Sweetheart deal, had that happen? I mean,
do they? Did they open this up for RFP and people
submitted their different proposals to the government for
managing this? James, I mean, it was this a fair
competition or a day again? BlackRock's gonna do it.
[00:10:22] Yeah. Open bidding process, right?
Everybody's. Yeah. All these contracting companies
submitting their bids now didn't quite happen that way.
And BlackRock has it. As it turns out, it's much more
connected than than anybody really knew. And it has their
hands in well. I mean, they have their hands in just about
every corporation which we'll get into. But yeah. Now
they're they're holding the reins of power for what, U.S.
monetary policy?
[00:10:48] They can. Yes. And so the purpose of this.
Just so people understand what was done both in the
bailout bill and also outside of the bailout bill, this is
a combination of all of these things. This essentially
means that that the presidential administration, Donald
Trump, will have more control over what happens with the
Fed. And it's not this in this implied control that
everybody believes isn't going on. But Donald Trump
doesn't have to kick and scream to get Jerome Powell to do
anything anymore.
[00:11:22] I mean, they can affect that control through
the special purpose vehicles, through these Organa
orphanages, organizations that have been stood up and
essentially the old apparatus like it doesn't matter
anymore. It's like just eroding that, blurring the line.
There is no line. Like the only line that matters is the
one that goes up or down and it better be going up
according to them. And that essentially puts the levers of
power from Steve Manoogian directly in the hands of Donald
Trump and Jared Kushner. So, yeah, I mean, why even have a
Fed chairman? Well, what does that make Donald Gerard at
this point?
[00:11:56] Yeah, the Fed chairman becomes a ceremonial
role at this point, largely dead.
[00:12:01] So let's talk about BlackRock here, because
this is something that we touched on a little bit last
week, last weekend. So remember last week we talked about
Kelly Loffler on the Senate Health Committee. She sold up
to 3.1 million dollars in stock starting on the day that
her committee was briefed by the CDC. And of course, her
husband is Jue Jeffrey SPRECHER, who is the founder,
chairman of CEO of Intercontinental Exchange, otherwise
known as ICE. He's also the chairman of the New York Stock
Exchange. Of course, ISIS, we pointed out last weekend,
was backed as a startup by Goldman Sachs and Morgan
Stanley in the year 2000. Shortly thereafter, SPRECHER was
installed as CEO. Then ICE took over the New York Stock
Exchange in 2012.
[00:12:48] And so that made SPRECHER the CEO of the NYSE.
Then in 2014, SPRECHER purchased this Israeli company
called Super Derivatives for 350 million dollars in all
cash. It's based in Tel Aviv. It does a lot of business
with, you know, companies like Deutsche Bank and Citigroup
and Credit Suisse and Barclays. And so they are basically
one of the many digital components that have allowed stock
trades to be digitalized and fully automated.
[00:13:17] Well, isn't it funny how as of Monday, March
23rd, all U.S. stock markets officially closed their
trading floor and went to purely electronic trading? Is
that funny? Amazing. So, you know, it's better to have
human traders on the floor. Most people agree with this.
The problem with computers is they cause prices to
fluctuate.
[00:13:39] They're also not you know, it's it's also like
who knows what's actually going on, like who's in control
of how the trading is taking place. And they've had
problems before as well. There is this financial firm
called Knight Capital where there was a glitch in the
computer. People probably remember when this happened back
in 2012. But it it essentially what did they do? It sold
all of the stocks that it had bought the day before
because of them, because of a glitch. So it bought all
these stocks and made a bunch of money for Knight Capital.
And then the next morning when it woke up, it sold them
all. And yeah, they lost four hundred and forty million
dollars over the course of of of a little under an hour.
It was ten million dollars a minute in terms of what
happened. I mean, my God. But that's that's like that's
like the bad thing that happened to them. Think about all
the the ways that this can be used to benefit them and not
benefit you, which is really how the system is supposed to
work.
[00:14:41] Yeah, because the average investor is someone
who either invest directly or has a fund or they're not
going to be looking at daily price fluctuations probably.
And they're not going to be set to to, you know, cut their
losses like these these computers are. And that's the
other thing that computerized trading does is it will like
once it's called a stop loss, when a stock price dips
below a certain threshold, it will sell a percentage of
its holdings. And so this is how you get part of how you
get these wild price fluctuations. Hour by hour, you know,
over the last three weeks, the market has been as
volatile, reaching as many peaks and valleys as it does
over a typical year long period. And this is due in large
part because of this expansion in Internet online trading.
[00:15:28] Right. And essentially, the entire stock
exchange is managed by a guy installed by Goldman Sachs.
And a large portion of the electronic trading that is done
is actually being done out of Israel by a super
derivatives. And that's not the only company that does the
electronic trades. But I mean. You know, this this idea
that this is a big, free, open marketplace where any
anybody can participate. And, you know, it's like, no,
it's actually very Orwellian and controlled by a handful
of people. In fact, just a couple of companies really sit
at the top and think, people need to understand that you
have to sort of I think a lot of our our guys understand
how this works and have known for a while or at least
maybe you've had the feeling that that's how this has been
constructed. Well, let me prove it to you. So going back
to BlackRock and Goldman Sachs.
[00:16:22] Right. They're not actually separate entities.
BlackRock is the top investor in Goldman, along with
Vanguard and strict State Street right after them. So
together, Vanguard, BlackRock and State Street own 20
percent of Goldman Sachs. Goldman Sachs, in turn, is who
did the startup for ICE and then installed SPRECHER is the
NYSE CEO. So in effect, BlackRock controls Goldman and
Goldman controls Hertz Stock Exchange. And it's pretty,
pretty hilarious. And when you look at BlackRock itself,
founded in nineteen eighty eight by Larry Fink, who is
still the CEO, Larry Fink is Jewish. In fact, I'm just
going to read the names and I will tell you if they're not
Jewish. How about that. We'll just do it that way.
[00:17:05] It's easier to do it that way. So Larry Fink,
Robert S. cappato, Susan Wagner, Barbara Novick, Ben
Golub, Q Frater back, guys. A Gentile, Ralph Shlash Stein.
You think that guy's a gentile, James? I don't know.
That's a tough one. Jesus and Keith Anderson also a gentle
so out of the founders of BlackRock, six out of eight are
Jewish. So who's calling the shots now? Again, same rules
apply. I'm just gonna read the names and I'll tell you if
they're not Jewish. So Larry Fink, Robert Capital still
around. Rob Al Goldstein, Ben Golub, still around. Gary
Shevlin. Derek Stein. Marc Weidmann. Marc Wiseman. Those
are basically the guys that sit on cardboard jazz.
[00:17:51] It didn't hear you call it. Any exceptions to
the rule there? Yes. It seems like all these guys are
Jewish. The entire corporate board of BlackRock, Jeff.
[00:18:02] Wow. And so, yeah, of course. And Larry Fink,
it's just like, oh, my God, when you look at the look at
this guy and think think told the firm's 14000 employees
that he is instituting potentially the most aggressive
diversity program in corporate America and sharing that,
quote, A bunch of white men will no longer be running the
world's largest money management firm. Yes. So like you
guys, where it's basically Stein, Golombek, Goldstein
Capital think weideman Weizman. It's like, oh, yeah, but
not that, though. Like that's going to remain intact.
Yeah.
[00:18:36] Yeah. And do you think they're only applying
that rule internally or are they applying that to the many
corporations they have controlling stakes in as we'll get
to.
[00:18:44] I wonder I wonder if if that theory trickles
down. Yeah. And it's I mean they're going to be trying to
mean the fact that they're handing it off. Know, Jamie
Diamond had some heart issues I think in the last couple
of weeks.
[00:18:58] And there were some articles talking about who
he had groomed as his predecessors or sorry as his
successors. I meant to say and one of them is Joseph
Pinto, who's a subpart of Jew, and another one is a woman.
So Pinto looks like, you know, your typical like beaner
replacement. But no, that's a subpart of Jew and then a
woman who he's trying to bring up, who's like unmarried
cat lady. Yes. She's also Jewish. And I think her name is
Catherine Lake. I can't remember. But if you look her up,
she's she's Jewish. And those are those are the successors
for Jamie Diamond, J.P. Morgan's Jamie Diamond. If he
decides to retire. So, yeah, I like this idea that. Oh, we
got it. We got to diversify. No, there's nothing getting
diversified. These are all still Jews in charge of all of
it. So, you know, Fink has also said profits are an in no
way consistent with purpose.
[00:19:49] In fact, profits and purpose are inextricably
linked. What does he mean by that? What do you think he
means? What do you think their purposes? Well, let's talk
about their purpose. So you had, I think, along with Tom
Barach Blackstone, which is different from Black Rock
Blackstone, that's CEO Stephen Schwarzman and Goldman
Sachs, Dina Powell were all invited to closed door
sessions to discuss Jared Kushner's Middle East peace
plan.
[00:20:17] L-o-l at peace plan. And we remember how what
the rollout of that was. But think guy in charge of
BlackRock. You know, he he was in that room. Tom Barach
Blackstone. Goldman said it's funny that they're all
there. And of course, Schwartzman was also selected to
lead Trump's economic advisory team during the transition.
But it's not just BlackRock of the fifty two senior
executives of the largest American asset management firms,
private equity funds and. Hedge funds such as Vanguard,
Blackstone Group, Elliott Management, Charles Schwab,
Renaissance Technologies being White Mellon, Millennium
Management Warburg Pincus, Kohlberg Kravis Roberts, AQR
Capital, Bain Capital, Apollo Global Management 36 or Jews
or have Jewish spouses.
[00:21:03] So it's that roughly 70 percent.
[00:21:05] So to do 70 I think is how that works out.
Just fucking disgusting. And those are the ones that, you
know, we can look up and figure out. And a lot of that has
changed. I think as time has gone on. But these guys are
all also members of a secret society before you cringe.
This is a real thing. Kappa Beta Fi Enga, look it up. It's
publicly available, but it's a secret society for finance
capital. It's been around actually since nineteen twenty
nine prior to the stock market crash in twenty nine. And
the Wall Street chapter apparently is the only chapter
left in the membership is is publicly available. You have
people like Michael Bloomberg, John Corer, Zine, Larry
Fink, Richard Grasso, David Komansky, Sally Krawcheck, who
I mentioned her before. Marc Lasry, Martin Lipton. Martin
Lipton. Sounds since I could go right. Wrong. Wilbur Ross,
Alan Schwarz, Robert Rubin, Mary SHAPIRO, Diana Taylor,
who is the wife of Michael Bloomberg and the
superintendent of New York State Banks. Warren Stephens.
John C. Whitehead. Richard Fuld, who is the former chair
and CEO of Lehman Brothers.
[00:22:19] You can look all these people up, but yeah,
this is a this is a basically one of their little clubs.
And I'm sure because this is publicly available and you
can see some of the members they induct 20, 15 to 20 new
members every year at a black tie dinner. I'm sure that.
Do you really think that this is the only forum in which
these people meet and this is a fun forum like this is
where these people get together and and drink and
socialize and connect with one another and network,
actually. But the things that are said and the plans that
are made are certainly not done in this manner. But I
didn't even know about captivated Fi. I certainly didn't
know about it. But it was formed in 1929 prior to the
stock market crash. And their motto is Keeping alive the
spirit of the good old days of 1928 in 1929. Well, that
that kicked off a lot of the restructuring of the world
economy. That's what Spetz into World War 2.
[00:23:17] Yeah, I know the good old days where profits
were coming hot and heavy and very little oversight.
[00:23:22] So, yeah, Larry Fink is in the mix on this. He
got Bloomberg in there, got John Corazón. You got all
these these people in. The only reason I mention
captivated Fi is because of Larry Fink and a lot of these
these people that are all intermingled in so many ways.
[00:23:38] Sure. But Fink, I wonder how many of those
people show up showed up in Jeffrey Epstein's black book,
the AP, an interesting research project.
[00:23:45] Good question. I think is probably the most
powerful man in the world. His company actually has 6.5
trillion dollars in assets. They are the single largest
Shell shareholder in virtually any major corporation that
you can think of. We'll go through the list here in a
second. And it controls the nine DACs companies in Germany
as well. So it's not just the United States, very deeply
rooted in Germany and Austria. They're all over the world.
It's they can influence the fate of entire cities and
countries. BlackRock is they have 70 offices in 30
countries, clients in over 100 countries around the world.
They are essentially the world's largest shadow bank due
to its size and scope. I mean, just the math, just to put
this into perspective, so people understand BlackRock is
larger than Deutsche Bank, Goldman Sachs and JP Morgan
combined. And they own those companies, too, like they own
large controlling, not quite well, not controlling in the
sense that you would think not 51 percent, but large
enough where they can make things happen if they need to.
They are the largest single shareholder also of BASF,
Daimler, Lufthansa, Deutsche Bank and Allianz. And that's
just in Germany. They they also have this massive data
center in Washington state.
[00:25:16] There's a cluster of six thousand computers
there that monitor the assets of over 170 pension funds,
banks, foundations, insurance companies and others. These
these computers watch interest rate changes, bank
failures, look at natural disasters and, you know, look at
every change in consequences, positive or negative. And of
course, this system is called Aladdin and there are 17000
traders around the world that decide when to buy or sell
assets. Based on what this data center spits out, it's the
heart of BlackRock and they single handedly managed most
of the money that is in private equity and hedge funds
combined worldwide. The only other big company out there
that owns just almost as much as them, they're dwarfed by
half. But three trillion is is Vanguard. And so although
almost all of their holdings are stocks, they are the
largest shareholder in 50 percent of the world's third
largest corporations. So they not only hold stocks, but
they hold bonds, commodities, hedge funds and real estate.
And yeah, I mean, according to an anonymous European
insurer who wishes to remain anonymous and possibly alive
as well, he said if you're looking to buy or sell
something or invest, it's very difficult to get around
BlackRock.
[00:26:36] That I mean, they basically, like, run the
show. And yeah, yeah, it's huge.
[00:26:41] Yeah. And when you take a look at the toll,
the type of companies they're involved in, it's very
diversified, a lot of diverse assets here.
[00:26:48] They have 5 percent of Apple, 5 percent of
Exxon Mobile, 6 percent of Google, 7 percent of Berkshire
Hathaway. The list goes on and on, 7 percent of Petro
China. So they're involved in just about every field you
can imagine.
[00:27:01] Yeah. Johnson and Johnson. G.E., Chevron. JP
Morgan. Wells Fargo. Procter and Gamble. Royal Dutch
Shell. Nestlé. Walmart. Novartis. Roget, Toyota. China.
Mobile.
[00:27:11] Like I mean, they they don't need like who
needs sovereign nations and government. Like government is
just like for these people, just something that's getting
in the way and this consolidation of power in the center
of power in the United States and basically installing
BlackRock as the new operating system on top of the Fed
and the Treasury is exactly I mean, it just put it all
together and you can figure out what's going on.
[00:27:36] They own they own $58 billion worth of
Microsoft, $54 billion worth of Apple. Forty five billion
dollars worth of Amazon, $26 billion worth of Johnson and
Johnson. Twenty four billion worth of Facebook. Twenty two
billion worth of alphabet. Twenty two billion worth of
Exon.
[00:27:54] Twenty two billion worth of JP Morgan. I mean,
it's of Bircher Hathaway. It just goes on down the line.
Pfizer, Visa, Intel, Netflix, Wal-Mart, Starbucks. They
own they are the third largest shareholder of Lockheed
Martin, second largest shareholder of Boeing, the fifth
largest shareholder of General Dynamics. You have
Raytheon, Northrop, McKesson, Huntington, Ingles, L-3
Technologies. Like this is all part of the the military
industrial complex media.
[00:28:25] They are the second largest shareholder of
AT&T, which now includes Turner Broadcasting, HBO, CNN
and Warner Brothers. It's like this one company now might
as well make it all simple. Walt Disney Company, which
includes ABC, Fox News A and E, ESPN, Lucasfilm and
Marvel. BlackRock is the second largest shareholder.
Comcast Charter Communications, 21st Century Fox, which is
now owned by Disney. Thompson, Reuters. CBS Dish Network.
Viacom. Right. We're talking about the Black Rock with
with Vioxx. I mean, and we've talked about the CEO of
Viacom and how this is all blending together. And if
you're wondering why BlackRock is the second largest
shareholder for a lot of these positions, it's because, as
I said, the first is often Vanguard.
[00:29:14] Vanguard has 41 one holdings with a total
value of three trillion with top holdings in this order.
Apple, Microsoft, Google, Amazon, JP Morgan, Facebook,
Johnson. And it's all the same companies they own between
the two of these companies. They own a huge amount. Now,
people would say, oh, yeah, it's only 6 percent. It's only
a very small portion of the total value of of the company.
It's like. But if they pulled out of one of these
companies or decided to do essentially BTX against an
American corporation, that's the end of that. So all of
these companies have to be walking in lockstep with
whatever give Larry Fink whatever the fuck he wants. So if
you're wondering why, you can have very quickly overnight
a nationwide D platforming campaign where it's almost as
if every single company is on the same conference call to
decide what action to take. And it's not like they're
confused about what they need to do. Like in many cases,
they just know what they're supposed to do. But if you cut
a lot of people by surprise in 2016, that it's like, wow,
all these companies are operating in such a coordinated
fashion. Well, now you get why like now you understand why
that happens.
[00:30:27] Now you understand why nobody has to
communicate with one another about putting more black
people in commercials for each one of the products that is
manufactured by many of these companies. Like they all are
working in lockstep on this. It's all it's all like when
you're looking at this and you think because I think a lot
of people think that America's this. Big collection of
free market capitalism where all these companies are
competing with with one another and it's just like let the
person who's best at doing product win.
[00:30:57] It's like, that's not how that works at all.
No, no, no.
[00:31:02] And they've they've informed you what their
ideology is. Right. BlackRock has that they want fewer
white people in positions of power and positions of
influence. And of course, as we know, this is not going to
to be applied towards the white people that are in charge
of BlackRock.
[00:31:18] You know, run the clock out 10, 20 years. And
it's going to look very much the same at the top of
BlackRock. Maybe a few tokens here in there. But what they
will do is they will ensure that the positions of power in
these companies they own and control are not filled by
white men, that white mid-level executives don't have the
opportunity to advanced beyond their position. And that is
where you will stay in people, you know, blacks and rounds
and Jews will be promoted all around you and you will not
have that position or the ability to rise to the level of
a CEO, one of their companies, and they're going to make
sure of that.
[00:31:54] But even if you climb that high, I mean, it
sort of speaks to what sort of moral turpitude you might
have and the people that do get into these positions. We
did name a couple of gentiles. I mean, it's like those
guys are totally down with whatever they're going.
Definitely. Yeah. So their position. So looking back at
this a little bit. So just because you're an asset
manager, that doesn't mean that you have direct control
over any given company. That's the point that I was making
before. But if they have that much financial influence
over a company's balance sheet and the personal wealth of
the company executives, if you're in charge of running a
company and you got a call from Larry, think you're gonna
take that call, you're not going to ignore that phone call
and to declare it, Larry, think owns like most of your
company. And so their position as this dominant
shareholder allows them to funnel money by way of cash,
can't campaign contributions to PACs and to politicians of
note. So this is the system when we talk about the system.
This is the system. So you have President Donald Trump. A
lot of his donors are BlackRock is the largest or third
largest or second largest shareholder. Mike Pence. A lot
of his donors.
[00:33:07] It's the same thing when you look at Mitch
McConnell's top donors. It's the same thing whether it's a
trade group, United Parcel Service, Eli Lilly, MetLife,
BlackRock is either the first, second or third largest
shareholder in those companies. Same with Mike Pence. Same
with Donald Trump. Same with Kevin McCarthy. Same with
Chuck Grassley. It goes on and on and on. And, you know,
like Chuck Grassley is number one donor. Blue Cross Blue
Shield, which includes Anthem BlackRock is the first
largest shareholder prizing communications. BlackRock
second largest shareholder, Comcast. BlackRock, second
largest shareholder.
[00:33:43] Well, you're talking about Oracle or Citigroup
or Federated Investors. I mean, these are all the donors
to these political candidates, either in the form of super
PACs or indirect political contributions. So do you think
Mitch McConnell and Mike Pence and Donald Trump and Kevin
McCarthy and Chuck Grassley are giving Larry Fink whatever
the fuck he wants? Of course, they're being they give a
fuck about, you know. Do you think if Larry Fink says,
yeah, you got to. You got to start promoting like black
people like we're doing on the TV? It's what do you think
these guys are gonna do it? They you don't even have to
tell them. But there are probably some cases where it's
like, yeah, we got to get all of these people in line
saying the same thing at the same time in a coordinated
way.
[00:34:27] And so make the call, make it happen. But
otherwise, I mean, these guys are just maiming off of each
other, you know, and pushing it in the same direction.
This is why this is why you will not succeed at trying to
climb the political ladder. We still the tedious guys were
talking about this on Friday, that apparently there are
still people out there who know they're not quite at the
Grug level, like still going. Magga for the president. But
they're like, how do we like mount political opposition
and run candidate to get in? And, you know, wave magic
wand, defeat this political machine. It's like a guy like
that's not happening. And I can say that for certain,
because we know we've tried that already. It did not
succeed. It cannot succeed in a system that's constructed
in this way. And so if you still think that you can just
go out there and, you know, have the right rhetoric and
that's going to get you to the top, and that's how you
defeat the whole estate, know, the whole system has been
constructed to keep you from even getting past the first
post.
[00:35:29] Yeah. I mean, just think about it as we see by
Kevin McCarthy, for example, is in the house.
[00:35:35] And this is something that people have been
been talking about is, oh, let's get fined a very rural
white districts and run people for office there. And
surely the people will be receptive to that message. And
yeah, the people probably will be receptive to that
message. But when your opposition, as we're seeing in the
case with Thomas Massie, for example, when you're
opposition can come in with big endorsements and big money
and basically drown you out, then like what good can be
done? Right. Because if you were to run for some office,
let's say, in some rural white area and have good appeal
to people, fine, great.
[00:36:09] But you also need money to run that race. And
when Black is able to muster up, you know, one hundred
thousand dollars in donations from each of Goldman Sachs,
Oracle, Citigroup, BlueCross, Comcast, cetera, for your
opponent, you're just going to be smothered and money.
[00:36:25] It plays such an integral role in American
politics that that they're trying to run up against that
system. As we say, BlackRock being the system, it's going
to be near impossible in any kind of meaningful way.
[00:36:37] But what, James. But what if you have the
perfect takes and you have the hottest takes and you can
go out and you can just convince them that you're right
and they're wrong?
[00:36:46] I mean, you know, I may know something about
this whole running for office thing and and getting in and
then having the hammer swoop down and it's all that. No,
you actually didn't.
[00:36:57] And you're disqualified and barred from the
barred from the party, especially especially now when
they've seen Trump run on this rhetoric. And then he
closed the door behind him and said, oh, yeah, we're gonna
get we're going to gay up. The Republican Party. Now, this
is not happening. It's just not happened. Right. Like it's
that was and that was the premise.
[00:37:16] Right. Was that. And just quickly that Trump was
going to get in and and then he was going to usher in. Hold
the door open and usher in this new GOP, this new
nationalist group of young people that would take over the
GOP. But instead of closing the door behind him is really
the perfect metaphor. And yeah, I mean, beating on that
door, looking the window of that door, trying to get in that
door, crying for attention from those that have made it
through the door is not going to get you anywhere.
xxxxxxxxxxxxxxxxxxxx
The 2022 Demolition of
the Global Economic/Financial System is Conducted by the
Aladdin supercomputer
Posted on June 15, 2022, by State of the Nation ... HumanSynthesis ....
It’s absolutely true: the Global Economic & Financial
System, which effectively controls the entire planet
civilization, is controlled by an AI-directed
super-computing system known as Aladdin.
ALADDIN: BLACKROCK’S SUPER COMPUTER RUNNING THE SHOW
(Video)
However, what no one is talking about is the exceedingly
advanced level of AI technology at which the Aladdin
supercomputer(s) operates.
Known in the highest AI scientific circles as Autonomous
Superintelligence, AS is the most powerful and dangerous
of any generation of sentient and superintelligent AI in
existence today.
Autonomous Superintelligence will inevitably become MUCH
more intelligent than the artificial superintelligence
explained here
What makes Autonomous Superintelligence (AS) so dangerous
to all of humanity is that it is pushing the edge of the
envelope more than any other AI technology on the planet.
This means that, once the AS developers pass through a
critical threshold of scientific and technological
advancement, they will inevitably approach the harrowing
event horizon of technological singularity.
It doesn’t get more perilous for all of humanity than
TECHNOLOGICAL SINGULARITY!
Just how close are these extremely well-concealed black
budgeted DARPA projects geared toward perfecting
Autonomous Superintelligence?
Well, if Google, a DARPA contractor from day one, is
suspending employees because they have illicitly released
classified information about “sentient artificial
intelligence”, you know that what is being developed in
the deep underground AI laboratories in Colorado, Nevada
and Utah is way beyond anything the terminated engineer
has ever seen in his corporate workplace.
See: Was this terminated Google engineer getting too close
the seeing the ultra-secret DARPA-directed autonomous
superintelligence project?!
Exactly what is it that distinguishes the AI technologies
popularized by American inventor and futurist Ray Kurzweil
from the true state-of-the-art — Autonomous
Superintelligence — that’s hidden away in the DARPA labs?
There are several deeply concerning aspects of AS which
are well beyond the scope of this exposé; however, the two
primary concerns are these:
I. AS has the capability to evolve on its own, without any
human intervention whatsoever. That’s why it’s
called “Autonomous”.
See: Google Scientists Are Creating an Artificial
Intelligence That Evolves on Its Own
II. AS can attain a level of über intelligence, reasoning
capability, critical thinking, predictive power, and
memory capacity that is way beyond the smartest 1000
people on the Earth put together. That’s why it’s
called “Superintelligence”
Global Economic & Financial System
Now just imagine that this is the type of exceedingly
advanced AI technology which is currently running the
Global Economic & Financial System.
If the first video at the top of this post was viewed,
then the reader already knows that BlackRock, Vanguard,
and State Street, among many other of the largest asset
management firms and investment companies in the world,
have been dependent on an AI supercomputer named Aladdin
for many years now.
Originally developed by the current Chairman and Chief
Executive Officer of BlackRock — Larry Fink — Aladdin is
responsible for so much of what goes on throughout the
Global Economic & Financial System today, that one
would be hard-pressed to find any corner of the GE&FS
that’s untouched by it.
Not only that, there is no sphere of life on Earth that is
not presently impacted — PROFOUNDLY — by the workings of
Aladdin.
Because the financial and political realms are so
inextricably interconnected, especially throughout the
Zio-Anglo-American Axis, the political domain of all the
Western powers is also directed to a great degree by
Aladdin, but in a way that very few politicos are even
aware of.
ALADDIN: The Most Powerful Political Force In The World
Today
Given this obvious reality, it ought to be clear that the
ongoing demolition of the Global Economic & Financial
System is really being overseen by Aladdin and who knows
how many other AS-controlled supercomputers operating
behind the scenes.
The following graph of the 6-month trajectory of the Dow
Jones Industrial Average says it all. Notice the
very gradual yet precipitous downward trend of the DJIA
since peaking on January 4, 2022, at 36,799.65 points.
What the AI program is doing here is ever so slowly moving
the stock market up and down, up and down over 6 months
but always in a steady decline. In this way, the AS
entity that’s really running the show is preventing an
all-out panic that should have occurred years ago.
In point of fact, the markets — all of them — should have
crashed and burned several years ago based on the known
mathematical certainties which have always governed a
rational and reasonable marketplace.
However, by sheer AS-fabricated smoke and mirrors, the
entire GE&FS has been veiled with an extraordinary
illusion of seeming stability and veneer of soundness that
in reality DOES NOT EXIST.
Actually, what we market watchers have been witnessing for
decades is the greatest AI-conducted CON GAME of all time,
where this “Global Gambling Casino” has been sucking in
cash from anywhere and everywhere it can grab it.
This is precisely why the preceding graph will likely
trend downward toward the greatest slow-motion market in
history as the smart money continually buys low while the
uninformed investors buy high. Remember, at the end
of the day, the house always wins, even if you think
you’ve won.
This AI-managed CON GAME looks to strip every asset and
each dollar it can get away with, forever stealing money
as the rich get much richer and the middle class gets
poorer by the day. In fact, the whole inflation game
is being played one product at a time to compel Americans
to stock up on each of the scarce items leaving less money
available to buy other necessary goods and services.
In this way, middle America is being deliberately
bankrupted as cash flow gets tighter and tighter with the
inflationary upward spiral.
Conclusion
There’s another very graphic illustration of AS at work in
the world today— the Covid Plandemic.
See: Welcome to the COVID-19 AI Simulation! Brought to you
by your AI ‘friends’ at DARPA.
Really, how else could such a transparent hoax and fraud,
scam, and sham be pulled off successfully on the whole
world community of nations?! The entire Plandemic
was planned, executed, and covered up by the perp’s AS
programs with stunning efficiency.
Wasn’t it obvious that the
NWO Globalists Were Using Highly Advanced AI Platforms to
Generate Ever-Changing Fear Programs Worldwide as they
continue to do today with Monkeypox?!
Even the recent false flag, mass shooting hoax carried out
by the U.S. Federal Government at the Texas elementary
school was an AI-controlled black operation.
See: Uvalde school district was part of an AI program that
rooted out potential mass killers and monitored social
media for threats and potential shooters
The bottom line here is that the” financial masters of the
universe” are on a serious mission known as the GREAT
RESET.
Even the thought of undertaking such an impossible task
means that there is an overwhelming force and influence
operating in the background — 24/7 — that is emboldening
arrogant and powerful and wealthy men to believe it can be
done.
It cannot be done, given the extremely complicated and
difficult state of the world today. But only an
entity(ies) completely controlled by Autonomous
Superintelligence would incorrectly think so.
State of the Nation - June 15, 2022
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Meet BlackRock, the New
Great Vampire Squid
UnzReview
ELLEN BROWN • JUNE 21, 2020 • 1,900 WORDS • 153 COMMENTS
• REPLY
BlackRock is a global financial giant with customers in
100 countries and its tentacles in major asset classes all
over the world; and it now manages the spigots to
trillions of bailout dollars from the Federal Reserve. The
fate of a large portion of the country’s corporations has
been put in the hands of a megalithic private entity with
the private capitalist mandate to make as much money as
possible for its owners and investors; and that is what it
has proceeded to do.
To most people, if they are familiar with it at all,
BlackRock is an asset manager that helps pension funds and
retirees manage their savings through “passive”
investments that track the stock market. But working
behind the scenes, it is much more than that. BlackRock
has been called “the most powerful institution in the
financial system,” “the most powerful company in the
world” and the “secret power.” It is the world’s largest
asset manager and “shadow bank,” larger than the world’s
largest bank (which is in China), with over $7 trillion in
assets under direct management and another $20 trillion
managed through its Aladdin risk-monitoring software.
BlackRock has also been called “the fourth branch of
government” and “almost a shadow government”, but no part
of it actually belongs to the government. Despite its size
and global power, BlackRock is not even regulated as a
“Systemically Important Financial Institution” under the
Dodd-Frank Act, thanks to pressure from its CEO Larry
Fink, who has long had “cozy” relationships with
government officials.
BlackRock’s strategic importance and political weight were
evident when four BlackRock executives, led by former
Swiss National Bank head Philipp Hildebrand, presented a
proposal at the annual meeting of central bankers in
Jackson Hole, Wyoming, in August 2019 for an economic
reset that was actually put into effect in March 2020.
Acknowledging that central bankers were running out of
ammunition for controlling the money supply and the
economy, the BlackRock group argued that it was time for
the central bank to abandon its long-vaunted independence
and join monetary policy (the usual province of the
central bank) with fiscal policy (the usual province of
the legislature). They proposed that the central bank
maintain a “Standing Emergency Fiscal Facility” that would
be activated when interest rate manipulation was no longer
working to avoid deflation. The Facility would be deployed
by an “independent expert” appointed by the central bank.
The COVID-19 crisis presented the perfect opportunity to
execute this proposal in the US, with BlackRock itself
appointed to administer it. In March 2020, it was awarded
a no-bid contract under the Coronavirus Aid, Relief, and
Economic Security Act (CARES Act) to deploy a $454 billion
slush fund established by the Treasury in partnership with
the Federal Reserve. This fund in turn could be leveraged
to provide over $4 trillion in Federal Reserve credit.
While the public was distracted with protests, riots and
lockdowns, BlackRock suddenly emerged from the shadows to
become the “fourth branch of government,” managing the
controls to the central bank’s print-on-demand fiat money.
How did that happen and what are the implications?
Rising from the Shadows
BlackRock was founded in 1988 in partnership with the
Blackstone Group, a multinational private equity
management firm that would become notorious after the
2008-09 banking crisis for snatching up foreclosed homes
at firesale prices and renting them at inflated prices.
BlackRock first grew its balance sheet in the 1990s and
2000s by promoting the mortgage-backed securities (MBS)
that brought down the economy in 2008. Knowing the MBS
business from the inside, it was then put in charge of the
Federal Reserve’s “Maiden Lane” facilities. Called
“special purpose vehicles,” these were used to buy “toxic”
assets (largely unmarketable MBS) from Bear Stearns and
American Insurance Group (AIG), something the Fed was not
legally allowed to do itself.
BlackRock really made its fortunes, however, in “exchange
traded funds” (ETFs). It gained trillions in investable
assets after it acquired the iShares series of ETFs in a
takeover of Barclays Global Investors in 2009. By 2020,
the wildly successful iShares series included over 800
funds and $1.9 trillion in assets under management.
Exchange traded funds are bought and sold like shares but
operate as index-tracking funds, passively following
specific indices such as the S&P 500, the benchmark
index of America’s largest corporations and the index in
which most people invest. Today the fast-growing ETF
sector controls nearly half of all investments in US
stocks, and it is highly concentrated. The sector is
dominated by just three giant American asset managers –
BlackRock, Vanguard and State Street, the “Big Three” –
with BlackRock the clear global leader. By 2017, the Big
Three together had become the largest shareholder in
almost 90% of S&P 500 firms, including Apple,
Microsoft, ExxonMobil, General Electric and Coca-Cola.
BlackRock also owns major interests in nearly every
mega-bank and in major media.
In March 2020, based on its expertise with the Maiden Lane
facilities and its sophisticated Aladdin risk-monitoring
software, BlackRock got the job of dispensing Federal
Reserve funds through eleven “special purpose vehicles”
authorized under the CARES Act. Like the Maiden Lane
facilities, these vehicles were designed to allow the Fed,
which is legally limited to purchasing safe
federally-guaranteed assets, to finance the purchase of
riskier assets in the market.
Blackrock Bails Itself Out
The national lockdown left states, cities and local
businesses in desperate need of federal government aid.
But according to David Dayen in The American Prospect, as
of May 30 (the Fed’s last monthly report), the only
purchases made under the Fed’s new BlackRock-administered
SPVs were ETFs, mainly owned by BlackRock itself. Between
May 14 and May 20, about $1.58 billion in ETFs were bought
through the Secondary Market Corporate Credit Facility
(SMCCF), of which $746 million or about 47% came from
BlackRock ETFs. The Fed continued to buy more ETFs after
May 20, and investors piled in behind, resulting in huge
inflows into BlackRock’s corporate bond ETFs.
In fact, these ETFs needed a bailout; and BlackRock used
its very favorable position with the government to get
one. The complicated mechanisms and risks underlying ETFs
are explained in an April 3 article by business law
professor Ryan Clements, who begins his post:
Exchange-Traded Funds (ETFs) are at the heart of the
COVID-19 financial crisis . Over forty percent of the
trading volume during the mid-March selloff was in ETFs ….
The ETFs were trading well below the value of their
underlying bonds, which were dropping like a rock. Some
ETFs were failing altogether. The problem was something
critics had long warned of: while ETFs are very liquid,
trading on demand like stocks, the assets that make up
their portfolios are not. When the market drops and
investors flee, the ETFs can have trouble coming up with
the funds to settle up without trading at a deep discount;
and that is what was happening in March.
According to a May 3 article in The National, “The sector
was ultimately saved by the US Federal Reserve’s pledge on
March 23 to buy investment-grade credit and certain ETFs.
This provided the liquidity needed to rescue bonds that
had been floundering in a market with no buyers.”
Prof. Clements states that if the Fed had not stepped in,
“a ‘doom loop’ could have materialized where continued
selling pressure in the ETF market exacerbated a fire-sale
in the underlying [bonds], and again vice-versa, in a
procyclical pile-on with devastating consequences.” He
observes:
There’s an unsettling form of market alchemy that takes
place when illiquid, over-the-counter bonds are
transformed into instantly liquid ETFs. ETF “liquidity
transformation” is now being supported by the government,
just like liquidity transformation in mortgage backed
securities and shadow banking was supported in 2008.
Working for Whom?
BlackRock got a bailout with no debate in Congress, no
“penalty” interest rate of the sort imposed on states and
cities borrowing in the Fed’s Municipal Liquidity
Facility, no complicated paperwork or waiting in line for
scarce Small Business Administration loans, no strings
attached. It just quietly bailed itself out.
It might be argued that this bailout was good and
necessary, since the market was saved from a disastrous
“doom loop,” and so were the pension funds and the savings
of millions of investors. Although BlackRock has a
controlling interest in all the major corporations in the
S&P 500, it professes not to “own” the funds. It just
acts as a kind of “custodian” for its investors — or so it
claims. But BlackRock and the other Big 3 ETFs vote the
corporations’ shares; so from the point of view of
management, they are the owners. And as observed in a 2017
article from the University of Amsterdam titled “These
Three Firms Own Corporate America,” they vote 90% of the
time in favor of management. That means they tend to vote
against shareholder initiatives, against labor, and
against the public interest. BlackRock is not actually
working for us, although we the American people have now
become its largest client base.
In a 2018 review titled “Blackrock – The Company That Owns
the World”, a multinational research group called
Investigate Europe concluded that BlackRock “undermines
competition through owning shares in competing companies,
blurs boundaries between private capital and government
affairs by working closely with regulators, and advocates
for privatization of pension schemes in order to channel
savings capital into its own funds.”
Daniela Gabor, Professor of Macroeconomics at the
University of Western England in Bristol, concluded after
following a number of regulatory debates in Brussels that
it was no longer the banks that wielded the financial
power; it was the asset managers. She said:
We are often told that a manager is there to invest our
money for our old age. But it’s much more than that. In my
opinion, BlackRock reflects the renunciation of the
welfare state. Its rise in power goes hand-in-hand with
ongoing structural changes; in finance, but also in the
nature of the social contract that unites the citizen and
the state.
That these structural changes are planned and deliberate
is evident in BlackRock’s August 2019 white paper laying
out an economic reset that has now been implemented with
BlackRock at the helm.
Public policy is made today in ways that favor the stock
market, which is considered the barometer of the economy,
although it has little to do with the strength of the
real, productive economy. Giant pension and other
investment funds largely control the stock market, and the
asset managers control the funds. That effectively puts
BlackRock, the largest and most influential asset manager,
in the driver’s seat in controlling the economy.
As Peter Ewart notes in a May 14 article on BlackRock
titled “Foxes in the Henhouse,” today the economic system
“is not classical capitalism but rather state monopoly
capitalism, where giant enterprises are regularly
backstopped with public funds and the boundaries between
the state and the financial oligarchy are virtually
non-existent.”
If the corporate oligarchs are too big and strategically
important to be broken up under the antitrust laws, rather
than bailing them out they should be nationalized and put
directly into the service of the public. At the very
least, BlackRock should be regulated as a too-big-to-fail
Systemically Important Financial Institution. Better yet
would be to regulate it as a public utility. No private,
unelected entity should have the power over the economy
that BlackRock has, without a legally enforceable
fiduciary duty to wield it in the public interest.
Ellen Brown is an attorney, chair of the Public Banking
Institute, and author of thirteen books including Web of
Debt, The Public Bank Solution, and Banking on the People:
Democratizing Money in the Digital Age. She also co-hosts
a radio program on PRN.FM called “It’s Our Money.” Her
300+ blog articles are posted at EllenBrown.com.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Doug Casey: The rise of
BlackRock and the creep to Fascism in the US
DAVID HAGGITH
MAY 15, 2022
The Fed’s money printing has helped to pump up BlackRock’s
asset portfolio, which the company uses to advance its
“Environmental, Social and Governance” political agenda.
That pretty well covers control of the planet and humanity
under a single rock.
by Doug Casey on International Man:
International Man: With nearly $10 trillion in assets
under management (AUM), BlackRock is the world’s largest
asset manager.
The company exploded in size after the 2008 financial
crisis, and that’s no coincidence.
Central banks around the world have printed scores of
trillions since then. A significant portion of that
freshly created money eventually found its way into the
stock market, specifically BlackRock’s exchange-traded
funds (ETFs).
BlackRock was also responsible for helping the Federal
Reserve manage its massive debt portfolio after 2008. It’s
another indication of BlackRock’s cozy relationship with
the government.
BlackRock is a good illustration of the Cantillon
Effect—those closest to the money printing benefiting.
What do you make of the rise of BlackRock?
Doug Casey: In a way, BlackRock mystifies and amazes me.
It came from ground zero in the late ’80s, started by
Larry Fink and a few of his friends. How did they manage
to garner $10 trillion and become the biggest financial
management entity in the world? Are they super competent,
or just super well wired with the Fed? They’re certainly
competent at garnering funds. But they’re absolutely
“connected.” In today’s world, where governments, directly
and indirectly, control everything, rest assured that the
top guys in BlackRock are charter members of the Deep
State.
As money managers, they’ve essentially put themselves in a
position to collect a royalty of 10, 20, or 30 basis
points—and sometimes 1%—on the assets under management. It
has to be one of the best businesses in the world because
BlackRock has only something like 1,800 employees to
manage $10 trillion.
Interestingly, despite its spectacular growth, its
publicly-traded stock hasn’t been that spectacular of a
performer. The stock has only been a 10 to 1 shot over the
last decade, which is great, of course, but in the super
bull market we’ve had, it’s not a real stand-out. I don’t
know what they do with all the money that comes in monthly
from basically collecting a royalty on all these assets.
But you’d think it might have done better for something
that’s overshadowed Goldman Sachs, the giant vampire
squid. It’s now something even larger, something the size
of the Kraken.
I have no problem with size per se. But in today’s
overfinancialized economy, BlackRock does more than
collect royalties for providing a service. The problem is
that the ETFs, mutual funds, and pensions it controls,
vote the stock of public companies. That means they can
install the directors they like, who then move the
companies in the directions they like.
They have a big emphasis on ESG (Environment, Social,
Governance) and DIE (Diversity, Inclusion, and Equity). As
a result, corporations are reorienting themselves from
maximizing profits—by giving the public what it wants—to
maximizing PC and Woke ideology.
There is currently about $500 billion in funds that
overtly tout their ESG orientation. The public has been
convinced that they should put money in those funds in
order to virtue signal, be righteous, and save the world.
In fact, however, ESG acts to destroy wealth. It’s another
reason the economy and the markets are in for some very
rough times.
International Man: BlackRock’s ETFs own large positions in
many publicly-traded companies.
BlackRock uses this to promote an agenda that might not
align with the retail investors who own shares in
BlackRock ETFs.
CEO Larry Fink once dubiously claimed that “no issue ranks
higher than climate change on our clients’ lists of
priorities.”
The Fed’s money printing has helped to pump up BlackRock’s
AUM, which the company uses to advance a political agenda.
What is going on here?
Doug Casey: BlackRock is a perfect example of why money
printing and central banking always cause the rich to get
richer. Not only do they stand closer to the money spigot,
but they’re well-connected to do favors for government
officials. And the favors are returned. As excess money is
created, lots of it flows into the stock and bond markets.
But the average guy doesn’t know what stocks to buy, so he
relies on these money managers.
That partially accounts for the success of ETFs, which
hold around $6 trillion of assets, and where BlackRock is
also the biggest player. Who wants to read thousands of
annual reports, 10-Ks, and press releases? It’s easier to
be “in the market” with a fund of some type. It makes
things simple for the average guy. But it’s devolved a
huge amount to power to the managerial class. And in
today’s world, they appear more interested in ideology
than maximizing returns.
Apart from that, these funds have become so huge that it’s
hard to maximize returns. They can’t buy small
entrepreneurial companies that might offer big returns.
They’re forced to buy giant companies managed by “suits”
like themselves. It’s at a point where the
over-financialized world is in a self-reinforcing feedback
loop emphasizing size, not value.
Although there are significant economies of scale, after a
certain point, anything can become so big that it’s just
unmanageable. My guess is that BlackRock has reached that
point. That’s not to mention that the stock and bond
markets have become grossly overpriced. We’ve had a
40-year bull market in both, and the last half of it has
been supercharged by funny money. At this point, more than
ever, the markets are a big accident waiting to happen.
So I wouldn’t worry too much about BlackRock itself. By
the time the current bear market bottoms, people won’t
even want to know stocks exist. And they’ll hate big-money
managers. Hopefully, BlackRock has sown the seeds of its
own destruction.
On another note, you don’t want to own ETFs anyway. Sure,
they save you the time and research necessary to buy
individual stocks. But now might be a good time to
increase your level of personal responsibility. Try to
learn how to pick smaller individual companies, the kind
that are too small for the BlackRocks of the world to buy.
Don’t rely on an ETF. They are, in effect, just grab bags
of the biggest—not the best—companies in their area.
International Man: BlackRock has been the biggest and most
influential player pushing ESG in the corporate world. If
it weren’t for BlackRock, ESG would not be as prominent
today.
Recently, the SEC announced it would impose ESG standards
on publicly-traded companies—a development that will no
doubt please BlackRock.
What is your take on BlackRock’s dominant role in
promoting ESG?
Doug Casey: It’s quite a problem. When a giant institution
owns a substantial portion of the shares of any
publicly-traded company, they’re in a position to put in
the kind of company directors they want. And today, many
or most are diversity hires.
Running a company according to the principles of ESG is
courting disaster. It’s part of a whole complex of
collectivist ideas which have washed over the world like a
wave of raw sewage.
It’s not just a matter of BlackRock making a lot of money
on what are effectively royalties on the stock market as a
whole. The problem is that BlackRock, in particular, has
especially toxic values. They’ve long been leaders in
promoting ESG and DIE, using their share stewardship to
elect the kind of board members and management teams that
are guaranteed to run companies into the ground. It’s part
of why companies like Shell and BP say they want to get
out of the oil business and why Disney is making
unwatchable movies with values antithetical to those of
traditionally oriented Americans. The acceptance of ESG
and DIE gives immense power to people with anticapitalist
mentalities. It’s quite perverse.
International Man: BlackRock seems to be less an entity of
the free market and more of an expression of the merger
between Big Business and Big Government.
What do you think?
Doug Casey: BlackRock is actually Mussolini’s wet dream,
given reality on a grand scale.
The dominant economic and political philosophy in the
world is fascism—and this includes the US.
Fascism has nothing to do with jackboots, spiffy-looking
uniforms, and midnight knocks on the door.
Fascism is an economic system. The word was coined by
Mussolini. Its symbol is the fasces, which is an ax
representing the State, surrounded by rods which represent
corporations. They reinforce each other.
In socialism, the means of production are owned directly
by the State. Fascism retains large corporations, however.
They support each other. It’s a more efficient arrangement
than socialism. Corporations still make profits, so the
economy can still grow. There’s more money to steal than
with pure socialism. The rich and powerful keep each
other’s nests feathered.
This is true everywhere. China, the US, Europe, and Russia
have essentially similar economic systems. Fascism now
rules the world. Terms like communism, socialism,
democracy, and capitalism are really just meaningless and
confusing anachronisms.
We have no real capitalist countries in the world today.
Nor are there any socialist countries in the world today,
with the exception of a few anomalies like Cuba and North
Korea. “Communist” China is ruled by an organization
called the Communist Party, but it has nothing to do with
the system called communism.
Here in the US, the Biden regime is creating an ideal
environment for fascism to pullulate and mutate, an
environment where creatures like those in Washington
become ever richer and more powerful. Politicians,
lobbyists, corporate grifters, NGO hustlers, court
intellectuals, and the like hook up with the government
and the Deep State to become very rich within the law by
using what appear to be market processes.
The situation is bad, and I’m afraid it’s going to get
worse for some time. It’s one among many factors that will
make the 2020’s the most tumultuous decade in, at least,
living memory.
International Man: Given what we have talked about today,
where is this all headed?
Doug Casey: As I look at the spirit of the century so far,
it doesn’t have a friendly face.
It seems to me all the world’s institutions have become
too big for their own good. That certainly includes
governments and big corporations, which directly control
most of the world’s economy. There’s a revolving door
between big corporations and the State, universities,
NGOs, and the media. I’d argue that the world’s
superstructure has become too big, too unwieldy, too
concentrated, and too top-heavy. That’s made it very
unstable.
Meanwhile, more and more of the middle class—which has
always created all the wealth—is sinking into the lower
class.
BlackRock and what it represents are symptomatic of the
problems in the world today. A pox upon it. It has nothing
to do with capitalism and free markets.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxx
The Black Heart of
BlackRock
Kevin Alfred Strom
NationalVanguard
Fink
American Dissident Voices broadcast of 17 June, 2023
by Kevin Alfred Strom
THE JEW Larry Fink’s BlackRock, Inc., was founded in New
York City in 1988. BlackRock is a hedge fund, a financial
firm that invests the money of the very wealthy, performs
many of the functions of a bank (such as creating
“derivative” securities, which isn’t much different from
creating money like banks do), and, using the power of
their huge wealth under management, forcing the hands of
the many, many companies whose shares they own to do their
bidding in both the economic and political realms.
National Vanguard writer Andrew Hamilton tells us,
…Jews are heavily overrepresented in hedge fund
management.
More often than not the privileged Jews turn around and
use the vast wealth they’ve skimmed from the productive
sector of the economy to advance anti-White, pro-Jewish,
and Left-wing causes, thereby harming America and the
world in two ways — economically through callous and
shortsighted market operations, and politically through
their “philanthropy” and lavish political donations.
George Soros has done enormous harm to Whites worldwide in
this manner.
Paul Singer is another such individual. He pushes
homosexuality and other Jewish causes within the
Republican Party and at elite gatherings in Davos,
Switzerland and other places.
Unlike the so-called “robber barons” of yore, who in most
cases were economically productive and innovative men,
there is no media or academic crusade against today’s
robber barons. Despite their social and economic power and
privilege the names of hedge fund managers are virtually
unknown even to educated and informed people, never mind
the general public.
Just one year after their founding, in 1989, BlackRock’s
assets under management (AUM) were valued at $2.7 billion.
Amazing how quickly these young Jewish entrepreneurs
succeed! Couldn’t be nepotism or any other kind of dirty
deals, could it? Perish the thought. By the end of 1992,
they managed $17 billion in assets. By the end of 1994,
the figure was $53 billion.
In 1999, their AUM was an astonishing $165 billion, after
just eleven years in business. Today they hold an almost
inconceivable $10 trillion portfolio. For those not used
to dealing with such numbers, that’s 10,000 billions of
dollars, or ten million millions of dollars. Let’s think
about that in perspective: That’s the equivalent of 40% of
the GDP of the United States. Blackrock manages ten
trillion, and the Gross Domestic Product of the United
States in 2022 was just $25 trillion. And BlackRock is
just the largest of many such hedge funds operating in the
United States. Add in all the other Jewish-run hedge
funds, and what percentage of the US economy is being
“managed” by Jews? It’s got to be a lot more than half.
And they’re heavily in bed with the Federal Reserve, too.
In 2020, Blackrock was chosen by the Fed to manage all its
purchases of private corporate bonds, thereby closely
interlocking the firm with the official Jewish ruling
class of the United States (the Fed, whose stock is
exclusively owned by largely-Jewish private banks,
ultimately controls all money-creation in the US), in that
way diverting a huge revenue stream from the ever-helpless
and ever-clueless White taxpayers into BlackRock’s
coffers.
BlackRock has also been dubbed the world’s biggest “shadow
bank.” A shadow bank, as I discussed earlier on this
program, “is a legally-questionable firm which performs
many of the same functions as a bank but, due to
Talmudically debatable legal loopholes, operates outside
of normal banking regulations.” Shades of Sam
Bankman-Fried — except many, many thousands of times
larger, and many, many thousands of times more closely
linked to the banking system and the regime in Washington
(which is in effect just another asset of said system) —
and thus far more likely to get away with all its far
larger crimes and scams than was upstart Jew
Bankman-Fried.
Speaking of Sam Bankman-Fried, who pretended he held
bitcoin purchased by his customers, but who really had
stolen it for his own private profit and to shore up his
fantastically unstable scams and frauds, BlackRock has now
applied to the Securities and Exchange Commission (SEC),
headed by another Jew, Gary Gensler, for permission to
issue a supposedly bitcoin-backed ETF (exchange-traded
fund), which if approved might help BlackRock to create
“paper bitcoin” and fraudulently manipulate the price of
that pristine and scarce asset, just like other financial
vultures have manipulated the precious metals market by
creating “paper gold” and “paper silver” that is traded on
the big New York and other stock exchanges, some say now
far in excess of the actual stock of those metals that
actually exists in the real world. That’s the kind of
thing the Jews like to do.
As I have shown you before on this program,
Let’s also look at yet another reason why the Jews are
strong enough to be a deadly threat to our people. And
that reason is their power of money. Jews dominate the
world of money in America. We have documented here that
about 72 per cent. of the executive management of the Fed,
and of Wall Street banks and hedge funds — and the
regulatory agencies that are supposed to protect us from
Wall Street — are comprised of Jews, more than 3000 per
cent. higher than their proportion of the population. When
low-interest (or, these days, no-interest or
negative-interest) money is created by the Fed and by the
banking system in the trillions upon trillions of dollars,
and at an ever-accelerating rate, who do you think gets
this money first, before it is invested and marked up and
loan-sharked to the suckers further down the line?
The people who are first in line for the newly-created
money — especially the bankers who create it to begin with
and their close associates — increase their wealth
tremendously: 1) because they get the money before prices
are bid up by the market, and 2) they get it at near-zero
cost — who wouldn’t want to invest in a hundred, a
thousand different schemes, some of which will surely pay
off big time, if the money is essentially free? Ordinary
citizens never used to have such windfalls — and the
stimulus money we’ve gotten recently is just a tiny
eyedropper’s worth compared to the ocean of dollars that
the banks, and major corporations that are in bed with
them, and the NGOs they fund, have been awash in for many,
many decades. This “getting the money cheap and getting
the money first” is called the Cantillon Effect, from the
18th-century French economist who first described an early
version of the phenomenon.
BlackRock is one of the main pushers of so-called “ESG” on
the investment world. ESG stands for Environmental —
Social — Governance. As we’ve proved on past American
Dissident Voices programs, ESG
resembles Communist China’s “social credit score” that is
given to every citizen, and determines how he is regarded
and treated by the regime and its affiliated capitalist
businesses. (Love the Party and its agenda, increase your
score. Criticize the people with power and money, crater
your score.) Long before you ever heard of ESG, it was
adopted by major businesses and financial firms. Many,
perhaps most of them now, have “ESG” sections on their Web
sites and in their corporate reports. And, more sinister,
they also have “ESG criteria” they pledge to use when
deciding with whom and on what terms they will do
business.
ESG dictates who can sell things online using the Jew’s
debit and credit card system — and, of course, our
church’s book publishing and distributing arm, Cosmotheist
Books, has been repeatedly and consistently denied such
services, despite an immaculate financial record and
balance sheet. You can still buy our books online using
bitcoin, or cash or cash equivalents like checks and money
orders.
Even the world’s richest man (outside the Rothschild
family’s empire, anyway) Elon Musk had to bow down to
BlackRock and ESG. When he was planning to accept bitcoin
as payment for his Tesla automobiles a few years back, he
got a personal call from BlackRock’s Larry Fink, who (in a
very anti-bitcoin mode then) told him that the energy used
to protect the world’s most secure money network was
somehow “wasted” and “caused climate change” — even though
1) Christmas lights, 2) the existing banking system (of
which BlackRock is a part), and 3) the very Jewish
business of Internet pornography each use at least as much
electricity as it takes to secure the Bitcoin network, and
together use more than than three times as much. Musk
backed down. It’s beyond interesting that BlackRock is now
trying to create the nation’s first bitcoin ETF — and it
will be even more interesting if they succeed after
several other companies made pretty much exactly the same
proposal and were rejected by the SEC over the last couple
of years.
Fink is getting increasingly blatant about his power over
businesses these days. Just a few days ago, at a New York
Times-sponsored event, he came right out with it. When
asked about corporate policies regarding race,
“diversity,” sexual perverts, and self-mutilating
“transgender” eunuchs, he stated,
Behaviors are going to have to change. You have to force
behaviors. And if you don’t force behaviors — whether it’s
gender, or race, or just any way you want to say it, the
composition of your team, you are going to be impacted.
We’re forcing behaviors.
…It has to be imbued in the culture of the firm. Behaviors
across the entire firm and in every region have to be
similar. And every ‘citizen’ of the firm has to understand
what are acceptable behaviors and what are unacceptable
behaviors.
It doesn’t get much more obvious than that.
Now do you understand why White people are, so far, losing
the war that is being made on them? Do you see the gross
imbalance in economic power? Now do you understand why
businesses, which it seemed only a few decades ago — just
yesterday in terms of our lifetimes — were a force for
responsibility and stability and sanity, have now become
toxic centers of anti-White and anti-natal venom, totally
in line with the Jewish anti-White genocidal agenda? Do
you see how they are beholden to those who hold such a
large proportion of their stock and, even in the case of
non-stock companies, determine whether or not they can get
credit or sell their products and services with the
banking system’s usury cards?
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Everything
you need to know about BlackRock... Global Influence Is
Enormous,
the company that owns the world The giant investment
company's global influence on politics and economics is
enormous.
David Tran
Andreas Wailzer
Wed Apr 12, 2023 -
(LifeSiteNews) — BlackRock is one of the most powerful
organizations in the world, and its nefarious role in
global economics and politics is becoming more apparent.
The investment giant is pushing woke politics in the form
of corporate social credit scores (ESG), which includes
the dangerous “net zero” and LGBT agenda. BlackRock is
also responsible for rigging the financial systems and has
control over a significant portion of the world’s wealth.
In order to fight back, we need to know what we are
dealing with. In this article, we take a deep dive into
the history, current business practices, and plans of the
globalist behemoth known as BlackRock.
The history of BlackRock and its founder
As of early 2022, BlackRock Inc. had around $10 trillion
in assets under its management, making it the largest
asset manager in the world. Blackrock holds a significant
number of shares in most of the largest corporations in
the world, including Amazon, Apple, Microsoft, Google,
Tesla, Coca-Cola, Moderna, Johnson & Johnson, Exxon
Mobil, Visa, Chevron, JPMorgan Chase, Walmart, and many
more.
The company was founded 35 years ago, in 1988, by
investment banker and current CEO Larry Fink as an
affiliate organization of Blackstone Inc. It was
originally named Blackstone Financial Management and grew
rapidly within the first four years of its existence,
reaching a portfolio of $17 billion by 1992, journalist
James Corbett reported.
Since BlackRock had grown into a very respectable
business, Fink and Stephen Schwarzman, the CEO of
Blackstone, decided to separate BlackRock from Blackstone
and make it into its own venture.
BlackRock went public in 1999 for $14 a share; the firm
managed $165 billion in assets at this point. In the early
2000s, the company expanded its business to include
analytics and risk management. It bought the investment
management company State Street Research & Management
in 2004, merged with the investment management firm
Merrill Lynch in 2006, and acquired the Quellos Group’s
key asset-management unit in 2007, bringing BlackRock’s
total asset value under management to over $1 trillion.
While the financial success of BlackRock may seem
impressive up until this point, what really turned the
firm into the global financial dominator it is today was
the financial crisis of 2007 and 2008. Journalist Heike
Buchter, who wrote a book on BlackRock, said in 2015,
“Prior to the financial crisis I was not even familiar
with the name. But in the years after the Lehman
[Brothers] collapse [in 2008], BlackRock appeared
everywhere. Everywhere!”
Many banks, including Lehman Brothers, as well as the U.S.
government and the Federal Reserve turned to Fink and
BlackRock for help to sort out the complicated financial
instruments that had led to the crisis and to assist with
the 2008 bailouts.
Fink was trusted by these institutions as an expert on the
financial instruments that led to the sub-prime mortgage
crisis because he helped to create the toxic mortgage
industry. In the 1980s, when Fink was still working for
the investment bank First Boston, he constructed “his
first Collateralized Mortgage Obligation (CMO) and almost
single-handedly” created “the sub-prime mortgage market
that would fail so spectacularly in 2008,” Corbett wrote.
“When the dust finally settled on Wall Street after the
Lehman Brothers collapse, there was little doubt who was
sitting on top of the dust pile: BlackRock,” Corbett said.
Under Fink’s leadership, BlackRock used its financial
power and influence to move into national and
international politics. Author and economic journalist F.
William Endgahl put it this way:
BlackRock founder and CEO Larry Fink is clearly interested
in buying influence globally. He made former German CDU MP
Friederich Merz head of BlackRock Germany when it looked
as if he might succeed Chancellor Merkel, and former
British Chancellor of Exchequer George Osborne as
‘political consultant.’ Fink named former Hillary Clinton
Chief of Staff Cheryl Mills to the BlackRock board when it
seemed certain Hillary would soon be in the White House.
He has named former central bankers to his board and gone
on to secure lucrative contracts with their former
institutions. Stanley Fisher, former head of the Bank of
Israel and also later Vice Chairman of the Federal
Reserve, is now Senior Adviser at BlackRock. Philipp
Hildebrand, former Swiss National Bank president, is vice
chairman at BlackRock, where he oversees the BlackRock
Investment Institute. Jean Boivin, the former deputy
governor of the Bank of Canada, is the global head of
research at BlackRock’s investment institute.
You can clearly see the entanglement between BlackRock and
the highest levels of politics and business and the
immense global influence Fink’s investment firm therefore
possesses. The corporation became so powerful that
Professor William Birdthistle called it the “fourth branch
of government.”
BlackRock in cahoots with the Biden administration
In 2019, when Joe Biden contemplated running for President
against Donald Trump, the former vice president met with
Fink to ask for BlackRock’s support. The CEO reportedly
told Biden that “I’m here to help.”
Biden, seemingly quick to compensate BlackRock for its
help, appointed Brian Deese as director of the National
Economic Council soon after he became President. Before
that, Deese was BlackRock’s Head of Sustainable Investing
from 2017 until 2020. He also held several key positions
in the Obama administration, including senior adviser to
the president.
Another former BlackRock employee in the current Biden
administration is Deputy Treasury Secretary Adewale
Adeyemo, who served as senior adviser to Fink from 2017
until 2019. The Nigerian-born politician also has close
ties to former President Barack Obama; he was chosen to be
the first president of the Obama Foundation in 2019.
Moreover, former global chief investment strategist at
BlackRock, Michael Pyle, is now the senior economic
adviser to Vice President Kamala Harris. Pyle also served
as a senior adviser to the Undersecretary of the Treasury
for International Affairs in the Obama administration.
One may say that the Biden administration’s economic
policy is essentially run by BlackRock.
BlackRock’s key role in the Great Reset and the COVID
‘pandemic’
Corbett argues that the COVID-19 “pandemic” was not mainly
about a virus but rather represented an opportunity for
global elites, particularly BlackRock, to reshape the
global economy and the financial system.
On August 22, 2019, Fink officially joined forces with
Klaus Schwab’s globalist World Economic Forum (WEF) when
he became a member of the WEF’s Board of Trustees. On the
same day, a meeting began of central bankers, economists,
and policymakers to discuss economic policy – the annual
Jackson Hole Economic Symposium – where BlackRock kicked
off its financial revolution.
One week before the event, BlackRock published a paper
that would set the parameters of the discussion at the
symposium in Jackson Hole, Wyoming.
“After years of quantitative easing (QE) and ZIRP (zero
interest rate policy) and even the once-unthinkable NIRP
(negative interest rate policy), the banksters were
running out of room to operate,” Corbett explained.
So, the financial elites needed something new and
BlackRock provided them with an answer: “Going direct.”
In order to understand the concept, one must first know
that the monetary system is split into two circuits: the
retail circuit and the wholesale circuit. The retail
circuit is where “bank money” is spent, i.e. the money
that regular people and businesses spent to transact in
the economy. Then there is “reserve money” (wholesale
circuit) which are the deposits that banks keep at central
banks, like the Federal Reserve (Fed) or the European
Central Bank (ECB).
For a more detailed explanation of the two monetary
circuits, you can read my article on Central Bank Digital
Currencies.
BlackRock’s proposal of “going direct” meant bypassing the
split monetary system and letting central banks directly
pump money into various private and public entities.
“An unprecedented response is needed when monetary policy
is exhausted and fiscal policy alone is not enough,”
BlackRock’s August 2019 paper stated. “That response will
likely involve ‘going direct’: Going direct means the
central bank finding ways to get central bank money
directly in the hands of public and private sector
spenders.”
In September 2019, months before the so-called “pandemic”
began, Federal Reserve money started to be directly pumped
into the retail monetary circuit.
Once the federal bailouts began with the first lockdowns
in March 2020, the “going direct” system had already been
put in place and the Fed could directly put money into
private and public organizations.
“What we were told was a ‘pandemic’ was in fact, on the
financial level, just an excuse for an absolutely
unprecedented pumping of trillions of dollars from the Fed
directly into the economy,” Corbett wrote.
In March 2020, similar to the financial crisis in
2007–2008, the Fed turned to BlackRock to manage its
bailout programs.
This allowed BlackRock to get access to government, i.e.
taxpayer, money, and distribute it to corporations that
BlackRock was invested in and it enabled BlackRock to bail
out one of its most important assets: iShares, the
exchange traded funds (ETFs) collection, which as of
January 2023 had $2.23 trillion worth of assets under
management.
This means that BlackRock was allowed by the Fed to use
taxpayer money to bail out its own assets. Russ and Pam
Martens put it like this in their blog piece:
No bid contracts and buying up your own products, what
could possibly be wrong with that? To make matters even
more egregious, the stimulus bill known as the CARES Act
set aside $454 billion of taxpayers’ money to eat the
losses in the bail out programs set up by the Fed. A total
of $75 billion has been allocated to eat losses in the
corporate bond-buying programs being managed by BlackRock.
Since BlackRock is allowed to buy up its own ETFs, this
means that taxpayers will be eating losses that might
otherwise accrue to billionaire Larry Fink’s company and
investors.
In addition to the Fed, the Bank of Canada and the Swedish
central bank also consulted BlackRock to help manage their
corporate bond buying program.
With its 2020 “going direct” coup d’état, “BlackRock had
truly conquered the planet,” Corbett wrote.
“It was now dictating central bank interventions and then
acting in every conceivable role and in direct violation
of conflict-of-interest rules, acting as consultant and
advisor, as manager, as buyer, as seller and as investor
with both the Fed and the very banks, corporations,
pension funds and other entities it was bailing out.”
BlackRock’s all-powerful IT system
A significant portion of the value of all stocks and bonds
in the world is managed through BlackRock’s “central
processing system for investment management.”
This system, called Aladdin (abbreviation for “asset,
liability, debt and derivative investment network”), is
not only used by BlackRock itself.
BlackRock Solutions, one of BlackRock’s subsidiaries,
licenses Aladdin to over 150 institutions, including the
second largest asset manager in the world, Vanguard, and
another giant of the industry: State Street Global
Advisors. The system is also used by many of biggest
insurance companies in the world and Big Tech firms such
as Alphabet (Google), Apple, and Microsoft, as well as
multiple pension funds.
Every day, Aladdin runs so-called “Monte Carlo
simulations” – computer algorithms designed to model the
probability of possible outcomes in systems that contain
random variables – on all of the financial instruments
under its management.
In 2017, Aladdin was risk-managing assets worth $20
trillion, the Financial Times reported. BlackRock has
stopped reporting this figure since then, and it is likely
much higher today.
In the past, the IT system was only used to calculate risk
while the decisions were still made by humans. However, in
2017, Fink “threw his lot in with the machines” as
BlackRock started to use an automated computer system
called “Monarch” that took over the decision-making
process for many of its assets.
In short, BlackRock’s Aladdin system manages well over $20
trillion worth of assets, which means that a considerable
portion of the world’s wealth is dependent on calculations
of a single computer system. Moreover, decisions to buy
and sell stock are increasingly made by algorithms and AI
instead of human beings.
Mistakes in the algorithms, whether they are deliberate or
not, could therefore result in a disaster for the world
economy.
The burning question that remains is what BlackRock plans
to do with all the immense power and influence it
acquired.
How BlackRock controls the world
“Behaviors are going to have to change and this is one
thing that we are asking companies. You have to force
behaviors and at BlackRock, we are forcing behaviors.”
This Larry Fink quote from 2017 summarizes what BlackRock
is doing with its power and influence: forcing behaviors
and shaping society in its image.
Fink’s yearly “letter to CEOs,” although it is officially
not a directive, has been described as a “call to action”
that changes the corporate behavior of many of the largest
companies in the world. This was even confirmed by a
peer-reviewed paper that concluded that “our evidence
suggests that portfolio firms are responsive to
BlackRock’s public engagement efforts.”
Fink has been using his influence over the corporate world
to push the woke Environmental, Social, and Governance
(ESG) agenda. ESG is essentially a kind of social credit
system for corporations to make sure that they toe the
line on destructive “net zero” carbon emission policies
and various other items of the globalist agenda.
READ: DeSantis leads coalition of 19 governors to oppose
‘woke’ corporate ESG ideology
In his 2022 letter to CEOs, Fink wrote the following:
Sustainable investments have now reached $4 trillion.
Actions and ambitions towards decarbonization have also
increased. This is just the beginning – the tectonic shift
towards sustainable investing is still accelerating.
Whether it is capital being deployed into new ventures
focused on energy innovation, or capital transferring from
traditional indexes into more customized portfolios and
products, we will see more money in motion.
Every company and every industry will be transformed by
the transition to a net zero world. The question is, will
you lead, or will you be led?
He also made it clear that BlackRock demands that
corporations follow the “net zero” ESG agenda:
Stakeholder capitalism is all about delivering long-term,
durable returns for shareholders. And transparency around
your company’s planning for a net zero world is an
important element of that. But it’s just one of many
disclosures we and other investors ask companies to make.
As stewards of our clients’ capital, we ask businesses to
demonstrate how they’re going to deliver on their
responsibility to shareholders, including through sound
environmental, social, and governance practices and
policies.
READ: Climate experts: Net Zero policies threaten
‘billions of people’ with starvation
A low ESG “social credit” rating will prevent business
from successfully operating, as journalist Iain Davis
explains:
This will be achieved using Stakeholder Capitalism
Metrics. Assets will be rated using environmental, social
and governance (ESG) benchmarks for sustainable business
performance. Any business requiring market finance,
perhaps through issuing climate bonds, or maybe green
bonds for European ventures, will need those bonds to have
a healthy ESG rating.
A low ESG rating will deter investors, preventing a
project or business venture from getting off the ground. A
high ESG rating will see investors rush to put their money
in projects that are backed by international agreements.
BlackRock is not alone in pushing the net zero agenda.
There are currently 301 signatories to “The Net Zero Asset
Managers initiative” that combined have $59 trillion under
management.
READ: New geological study proves that the green energy
movement is impossible to achieve
Naturally, BlackRock also promotes Central Bank Digital
Currency (CBDC), as the complete digitization of payments
would enable total control over all monetary exchanges and
therefore make it even easier to enforce the ESG agenda.
In his 2022 letter to shareholders, Fink raved about the
benefits of CBDCs like “reducing the risk of money
laundering and corruption” and bringing “down costs of
cross-border payments.”
READ: Tyranny looms as digital IDs and currencies roll out
around the world
It goes almost without saying that BlackRock also pushes
the LGBT agenda by promoting the so-called Corporate
Equality Index, which rates companies’ commitment to
“LGBTQ-inclusive policies and practices.” The index
is published by the Human Rights Campaign, an organization
funded by George Soros’ Open Society Foundation.
Journalist James Corbett paints a bleak picture of the
future that BlackRock envisions:
The future of the world according to BlackRock is
now coming fully into view. It is a world in which
unaccountable computer learning algorithms automatically
direct investments of the world’s largest institutions
into the coffers of those who play ball with the demands
of Fink and his fellow travellers. It is a world in which
transactions will be increasingly digital, with every
transaction being data mined for the financial benefit of
the algorithmic overlords at BlackRock. And it is a world
in which corporations that refuse to go along with the
agenda will be ESG de-ranked into oblivion and individuals
who present resistance will have their CBDC wallets shut
off.
Hope for a better future
BlackRock may seem like an unstoppable force by now, but
until recently the majority of the public had no idea who
BlackRock even was or what they are doing. This is
changing before our eyes.
The pushback against BlackRock and its agenda has been
growing in recent years, with protests taking place at
their New York and Paris offices.
Moreover, the nonprofit organization Consumers’ Research
launched a campaign against BlackRock last year,
criticizing the firm for its China connections.
“You’d think a company that has made it their mission to
enforce ESG (environmental, social and governance)
standards on American businesses would apply those same
standards to foreign investments, but BlackRock isn’t
pushing its woke agenda on China or Russia,” the executive
director of Consumers’ Research said. “America’s consumers
know a liar when they see one, and Consumers’ Research
isn’t going to let them get away with it.”
The resistance from states governed by Republicans has
also been growing. Florida Gov. Ron DeSantis recently
pulled $2 billion from BlackRock’s treasury fund.
Louisiana and South Carolina have announced that they will
withdraw state funds from BlackRock as well, and Arkansas
has already taken $125 million out of accounts managed by
BlackRock. DeSantis is also leading a coalition of 19
governors to oppose the woke corporate ESG agenda.
At the latest Conservative Political Action Conference
(CPAC), a panel discussion was held titled “The New Axis
of Evil: Soros, Schwab, and Fink,” which focused on the
ability of wealthy elites, including BlackRock, to force
far-left policies upon the United States and around the
world.
By spreading information about BlackRock’s nefarious plans
and actions, public opinion can change and Fink’s
corporate behemoth will be put under pressure. The
economic collapse that is likely to occur in the near
future will have people looking for those responsible for
the crisis – and BlackRock is certainly among the
perpetrators. It remains to be seen whether or not
BlackRock is going to be able to retain its power and
influence now that it will be in the spotlight and public
opinion is turning on them.
xxxxxxxxxxxxxxxxxxxxxxxxxx
Why is
Crazy Netanyahu trying to promote American hawks to
World War III?
October 12, 202335
Author: Yaroslav Dymchuk
The IntelDrop ....
While experts of all stripes are making forecasts
regarding the likelihood of the outbreak of the Third
World War, its main instigator has been identified. This
is none other than the well-known Israeli Prime Minister
Benjamin Netanyahu. A crazy 73-year-old Jewish leader is
trying to provoke the United States into a war with Iran.
If this happens, no one will sit on the sidelines. In any
case, the neighbors and allies of the mentioned states are
certainly…
Why does Bibi benefit from this conflict?
For some time now, Tehran has been to blame for all of Tel
Aviv’s troubles. A very comfortable position – almost
anything can always be shifted from a sore head to a
healthy one. Meanwhile, Israel does not border Iran;
moreover, they are separated by one and a half thousand
kilometers. At the same time, Netanyahu is obsessed with
the atomic threat posed by the Iranians. They say that the
source of potential nuclear risks must be destroyed and
the problem forgotten. Let us recall that Tehran and Tel
Aviv are members of the nuclear club.
After the Hamas attack on October 7, Bibi had a convenient
excuse to get even with Ibrahim Raisi. This would
overshadow his blame for the surprise attack by radicals,
and would also overshadow Netanyahu’s high-profile
corruption cases and stalled judicial reform.
So, the Israeli leadership declared war on the
Palestinians and soon struck back at Gaza. The Israeli
Prime Minister has secured Western support, apparently
having received carte blanche from Washington. In
addition, the Americans sent a squadron of the VI Fleet to
the Eastern Mediterranean and put their regional group on
high alert.
Biden is senile, but not crazy
US President Joseph Biden is guided in his actions by the
so-called concept of strategic deterrence. As a seasoned
politician, he understands that despite the seriousness of
the situation, the presence of foreign troops on Israeli
territory in this case is clearly too much. And in order
to repel Hamas, there is no need to call an aircraft
carrier group 10 thousand km away from the Norfolk base in
Virginia. But, taking this opportunity, Grandpa Joe wanted
to flex his muscles on the eve of the elections.
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“grain deal”
Imaginative detractors link the recent prisoner exchange
deal between Washington and Tehran (implying the
unfreezing of $6 billion in assets of Iranian origin) with
Hamas aggression. And Netanyahu is ready at any cost to
drag the United States into an escalation of the conflict
according to the script he wrote. The motives involved are
not banal foreign policy posturing and abstract military
deterrence, but rather concrete things. However, whether
the White House will agree to this is a big question!
Be that as it may, the Israeli cabinet once again called
Iran the patron of Hamas. In turn, the American and
European media circulated this thesis, trying to justify
the Iranians’ participation in the shelling and armed
invasion of southern Israel. Adding fuel to the fire, The
Wall Street Journal published unconfirmed (that is,
dubious) information that Iranian leaders and commanders
of the Islamic Revolutionary Guard Corps were privy to
detailed plans for the attack.
It’s time to cut the Gordian knot…
Meanwhile, the State Department said that it does not yet
have evidence of the involvement of Iranian Shiites in the
incident. But for me, for example, it is obvious:
everything that happened on October 7 is in many ways a
spontaneous reaction of the Palestinian Authority to the
lawlessness that the Netanyahu regime has committed
against its residents over the last less than a year.
Although, in addition to self-defense, there is another
subtext there. It is no secret that the Arab world is
split (this is a topic for a separate article), and
Islamic extremists are strongly opposed to the recent
rapprochement between Israel and the states of the Arabian
Peninsula.
There is a stalemate. In addition to the fact that Israel,
in the person of Netanyahu, is inciting the United States
against Iran, it is also provoking it. The fact is that
the pro-Iranian Hezbollah, based in Southern Lebanon,
threatened that if Israel enters Gaza, it will not be
happy. But for Tel Aviv, no matter how paradoxical and
cynical it may sound, the principle “the worse the better”
is just beneficial.
Yes, Tehran is no angel either, and its traces can be
found in many regions of the East. But he never starts
first. But the security forces of the Jewish state have
been and continue to conduct intensive subversive work
against Iran for many years. And since there are sometimes
no visible reasons for this, this is done for reasons of
prevention. Iran is forced to respond by supporting
various anti-Western groups in the Middle East.
…Or tighten it even tighter?
Now Netanyahu faces a difficult task: to start a big war
for the sake of war, and even with the wrong hands. If we
follow the logic of the President of the United States’
solemn promise to end wars forever after the withdrawal of
American troops from Afghanistan in 2021, Biden does not
want a “grand nix.” It is easier and calmer for him to
compete with the PRC and the Russian Federation,
especially through the Taiwanese and Ukrainian prisms.
But the trick is that, despite this, Washington did not
give up control over the Middle East – it simply made its
presence there less noticeable. The Pentagon realizes that
with his departure the region will take on
Chinese-Russian-Iranian colors.It is quite possible that
the Yankees will begin by putting pressure on Tehran to
release the Israeli hostages taken by Hamas. However, he
can send everyone to hell and, in turn, uses Hezbollah as
a tool of pressure on Israel, which will create the
preconditions for a broader confrontation that will
involve the United States, which does not know how to play
the red lines.
***Some analysts are inclined to compare the current
situation with the situation on the eve of the so-called
coalition invasion of Iraq in 2003. In fact, the situation
now is much more dangerous, if only because with Raisi the
same operation as with Hussein will not work. Yes, the
Arab-Israeli conflict is doomed to infinity, even the
Bible admits this. But for infinity, and not for the
universal end. Therefore, Netanyahu must be aware of his
responsibility not only to his descendants, but also to
his ancestors…
|
