Blackrock is a huge supporter of corporate ESG (environmental, social, and corporate governance) scores. It is a wokeness score. It is a way for elitists to control companies more than laws can. That is a really bad sign.
The purpose of Democrats appears to be to damage the economy as much as possible. The intention is to bring about wealth equality. (For everyone not at the top already.) This is done by strangulating regulations, taxes and outright graft. But, if you are on the inside, you can bribe your way into affluence by aiming the strangulation at competitors. Overall, wealth for individuals falls, but comparative wealth for insiders increases. (The phrase that comes to mind is, “It’s good to be the king.”)
Blackrock was once “Mr. Nobody from Nowhere”, a piker, until they curried favor from the UniTreason Party some years ago.
Now they are worth trillions. Thing that make you go Mmmmm...
Much like people go into Congress as struggling middle class peasants, but soon are worth millions. Not many seem to think that’s odd.
“... the best interests of investors...”
How quaint. How “Trumpish”.
With Biden & Kamala as the figureheads of the New World Order the game is to get yourself into power along with them no matter how many bribes it takes or rules you break. That way you can escape the worst of the new taxes and regulations and crush your competition.
The ESG is just funneling other people’s money toward their approved companies who will rinse & repeat what Blackrock has done.