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To: CharlesOConnell

Ownership on my behalf through an index fund (Vanguard) does not equal “control”.


3 posted on 06/30/2021 7:40:08 AM PDT by Uncle Miltie (Critical Race Theory: black behavior is so bad it must be whitey's fault.)
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To: Uncle Miltie

No, but they exercise a huge amount of influence by voting YOUR shares however they want on proxies. Definitely an exaggeration in the video, but they have a very large amount of influence.


5 posted on 06/30/2021 7:41:47 AM PDT by rb22982 ( )
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To: Uncle Miltie
If you've been thinking of buying a house, you've probably noticed that house prices are soaring everywhere, not just in the usual preferred ZIP codes.  You might have thought this is simply because of market deformations thanks to COVID and the lockdowns.  In fact, the soaring prices reflect something much more sinister: BlackRock, an investment company, is buying up housing stock, turning America into a nation of renters — that is, people with no stake in their communities or their futures.  However, what's really sinister is that it's not just housing stock.  BlackRock, along with The Vanguard Group, owns a disproportionate number of American corporations, more even than you realize.

BlackRock owns America's homes — and a whole lot else

6 posted on 06/30/2021 7:42:13 AM PDT by CharlesOConnell (CharlesOConnell)
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To: Uncle Miltie
"Ownership does not equal control". Your great-grandparents' opinions were engineered by Madison Ave. 100 years ago.


8 posted on 06/30/2021 7:44:34 AM PDT by CharlesOConnell (CharlesOConnell)
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