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Blackrock owns America’s homes – and a whole lot else, People are expressing concern that companies are buying up America’s housing stock, but the problem may run much deeper than that
American Thinker ^ | 06/12/2021 | Andrea Widburg

Posted on 06/12/2021 1:21:54 PM PDT by SeekAndFind

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1 posted on 06/12/2021 1:21:54 PM PDT by SeekAndFind
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To: SeekAndFind

Thank Joe for the inflation,,,,,you haven’t seen anything yet.


2 posted on 06/12/2021 1:25:14 PM PDT by chopperk
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To: SeekAndFind

they also squeeze the stocks by naked shares,
inverse repos, dark exchanges, and lying,
as they take every company in the US.

Americans face enemies, foreign and now domestic.

Americans specified the government with 4,543 words,
and by Jobbery, the government has “raped” its people
figuratively and re: the children, literally.


3 posted on 06/12/2021 1:28:15 PM PDT by Diogenesis (Tuitio Fidei et Obsequium Pauperum)
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To: SeekAndFind

The concept of “capitalism” and “market economies” is philosophically pleasing to me.

But when I look at the world today, I think those concepts have created a bad situation. Hey, communism and central planning are much worse. But I think the idea of people striving to be rich and using money to make money may have gone further than most of us expected.

I’m not sure how it can be fixed, but I think manipulating billions and trillions of dollars is something which inherently gets The Powerful thinking of ordinary humans as nothing more than ants.


4 posted on 06/12/2021 1:29:29 PM PDT by ClearCase_guy ("I see you did something -- why you so racist?")
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To: SeekAndFind

And when it all goes to hell in the next market crash, the Federal Reserve will buy up their dud securities.


5 posted on 06/12/2021 1:30:55 PM PDT by PGR88
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To: ClearCase_guy
I think those concepts have created a bad situation.

We don't have capitalism. We have state-direct, fiat-money cronyism.

6 posted on 06/12/2021 1:32:24 PM PDT by PGR88
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To: SeekAndFind

Can’t have full on/formal communism, and government control of all resources, if there are millions of land owners.

The trees of our Constitution didn’t want any federal capable ownership of land for fear the federal government could in time go after all of it.

However, of government/global governance NGO’s (non-government orgs) go after the land, the courts and governments then have the necessary cover, and can circumvent nearly any Western governments population and representative governance laws.

On top of it all, the strategy includes corporatism, and protections for all companies involved in land grab ownership, and freedom of speech.


7 posted on 06/12/2021 1:33:20 PM PDT by patriotfury ((May the fleas of a thousand camels occupy mo' mad hammy tents!) )
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To: SeekAndFind

Illegals will become our neighbors.


8 posted on 06/12/2021 1:35:09 PM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: SeekAndFind

These LLC ghost companies are over paying for rental dwellings in the Midwest


9 posted on 06/12/2021 1:35:23 PM PDT by LumberJack53213
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To: LumberJack53213

All soon to be Sect 8 “rentals”?


10 posted on 06/12/2021 1:36:22 PM PDT by Jane Long (America, Bless God....blessed be the Nation 🙏🏻🇺🇸)
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To: ClearCase_guy

Is there any way that anti-trust law could apply to this problem? If the same handful of large investors have majority share in all these huge, economy-dominating companies, could this group of investors count as a trust, in violation of U.S. law?


11 posted on 06/12/2021 1:38:06 PM PDT by Tolerance Sucks Rocks (Florida: America's new free zone.)
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To: SeekAndFind

We are getting flooded with cheap labor. Joe has opened the spigot wide open.


12 posted on 06/12/2021 1:38:39 PM PDT by Brian Griffin
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To: ClearCase_guy

You’ve likely never experienced capitalism or a market economy. At best a semi fascist planned economy. An economy where the government is an active participant and rewards done and punishes otters has nothing to do with the market or capitalism.


13 posted on 06/12/2021 1:42:05 PM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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To: SeekAndFind

I don’t completely agree with the premise - the investment management companies are in theory not the owners, but rather the millions of people with 401ks who are their customers are the investors who own the stock. Unfortunately the millions are not asked for their input on the management company or the investment choices. If your company (like mine) selects Fidelity funds then you are stuck with them.

The fund management companies in turn have a massive amount of power because they hold all the collective mutual fund shares in house name and can vote them. So Blackrock can vote out Exxon’s directors if they are not sufficiently “woke” on climate change.

It was not a system that was originally envisioned when the 33, 34 and 40 Acts were born, and the SEC and Congress have no appetite to fix it (no doubt the fund managers grease all the key chairmen in congress)


14 posted on 06/12/2021 1:45:40 PM PDT by KingofZion
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To: DesertRhino

Understood. The question is: What could we do as a Constitutional Amendment that would effectively block the government from jumping in and creating crony capitalism/fascism?

My suggestion would be a government funded by tariffs and by national sales tax of — let’s say — 10%. Nothing else. Repeal the 16th and explicitly state that wages cannot be taxed. Now, 10%, that’s small. Too small? Can it be too small? I want our federal government to be weak and ineffective. Seriously. If we need revenue beyond a 10% sales tax, go get another Constitutional Amendment.


15 posted on 06/12/2021 1:56:04 PM PDT by ClearCase_guy ("I see you did something -- why you so racist?")
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To: PGR88

A government-imposed COVID lockdown combined with a government-imposed moratorium on evictions quickly turns rental housing into the worst investment imaginable.


16 posted on 06/12/2021 2:05:35 PM PDT by Alberta's Child ("And once in a night I dreamed you were there; I canceled my flight from going nowhere.")
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To: ClearCase_guy

HFT is a crock of shit as well.

Our brightest minds are coming up with ways to speed up the transactions, probe for price changes, and write better algorithms.

Imagine if these people were doing something truly productive...


17 posted on 06/12/2021 2:06:39 PM PDT by EEGator
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To: DesertRhino

Best autocorrect ever...


18 posted on 06/12/2021 2:08:11 PM PDT by EEGator
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To: Jane Long

All soon to be Sect 8 “rentals”?


Yeah, that was my thought. I doubt they will actually make $$ off the rentals directly (as Section 8 rentals quickly go to hell-in-a-handbasket), but they will reap rewards in the form of political favors.


19 posted on 06/12/2021 2:12:04 PM PDT by rbg81 (Truth is stranger than fiction)
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To: SeekAndFind

“Blackrock, an investment company is buying up housing stock,”

I heard it was 25% in the Houston market. Prices are soaring in our Florida zip code but nearly all buyers are families.


20 posted on 06/12/2021 2:13:26 PM PDT by TexasGator (Z1z)
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