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In his annual letter to shareholders, Fink called the decreasing ability to retire in a financially sound way one of the biggest economic challenges of the mid-21st century. "Today in America, the retirement message that the government and companies tell their workers is effectively: 'You're on your own,'" Fink wrote. A federal law that will require employers with 401(k) plans to auto enroll new workers provides a bright spot, he said.

CEO Larry Fink speaking at the WEF forum. “You have to FORCE behaviours, at Blackrock we are FORCING behaviours” Blackrock essentially own every major corporation in the world & now determine capital investment through ESG (environmental social governance) this also applies to sovereign countries.

American business titans who paid thousands to be in the room with Chinese President Xi Jinping gave the communist country’s leader a standing ovation after his remarks in San Francisco this week. On Wednesday evening, Xi dined with more than 300 American business executives and delivered remarks promoting investment in China, a country many Americans consider the greatest threat to the U.S., at a gala in the ballroom of the Hyatt Regency in downtown San Francisco. [cut] Among the American executives gathered to listen to Xi were Apple CEO Tim Cook, Pfizer CEO Albert Bourla, FedEx CEO Raj Subramaniam, Salesforce...

Behind the scenes, quietly, there is a vast power responsible for pushing all this “woke” corporate fanaticism. It has a name: BlackRock. The world’s largest asset manager, the corporate giant has an estimated $10 trillion under management. For perspective, that is more than the gross domestic product (GDP) of every country on the planet except the United States and Communist China. When the overlord of it all orders lesser mortals running Fortune 500 companies to jump in his annual “letter to CEOs,” business leaders around the world stand at attention and ask, “How high, sir?”... Once it buys these huge...

VIDEOPerhaps the most amusing part of James O'Keefe's recent OMG video about BlackRock was when recruiter Serge Varlay explained the economic theory of the "Inverse Cramer" in which one can make money by doing the opposite of what CNBC's Jim Cramer recommends. Therefore I thought it would be interesting to see what Cramer's thoughts about BlackRock and its CEO Larry Fink were over the years. As you can see, Cramer has given a big thumbs up to both BlackRock and Larry Fink. What could this mean?

A video has emerged that shows BlackRock’s chairman and CEO Larry Fink gloating to an audience about his plans to infiltrate society, via corporate America, with “woke” ideologies to “force behaviors” of the public. Fink, a member of the globalist World Economic Forum (WEF), is a leading advocate of the radical Environmental, Social, and Governance (ESG) scores movement. ESG is a set of far-left criteria that pressures companies to become more “woke” to meet the standards. As Slay News reported in January, Twitter boss Elon Musk famously blasted ESGs by remarking that the “S in ESG stands for Satanic.” According...

The giant investment company's global influence on politics and economics is enormous. 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...

Another state on Thursday announced that it would begin divesting its assets currently managed by investment giant BlackRock, accusing it of “[leaning] heavily into Environmental, Social, and Governance standards.” “As Florida’s chief financial officer, it’s my responsibility to get the best returns possible for taxpayers. The more effective we are in investing dollars to generate a return, the more effective we’ll be in funding priorities like schools, hospitals, and roads,” Jimmy Patronis, Florida’s chief financial officer, said in a press release. The divestment will involve “$2 billion worth of assets,” according to the statement. “As major banking institutions and economists...

The headline numbers are looking good for Joe Biden lately. He’s recently won a big legislative victory, and his approvals are ticking higher, which means maybe the manifold failures of his presidency are a thing of the past. Yes, that is what the White House wants you to believe. But the spin oozing about the Biden-renaissance narrative obscures, at least for now, some really nasty bits of economic reality that the president’s feckless policies have created. If you don’t believe me, listen to some of the comments recently made by Larry Fink, the CEO of money manager BlackRock. No one...

In early March, Tucker Carlson invited Iowa Corn and soybean farmer Ben Riensche on his top-rated program to discuss the massive inflation we are about to see in food prices here at home. According to Rienshe, grocery prices may increase up to $1,000 per month due to Russia’s sanctions on fertilizer. ... “It’s embarrassing how little most people know about fertilizer, what it means, tell us the implications of this sanction?” Carlson asked. .... Soaring fertilizer prices are likely to spike food prices,” Riensche said. “If you’re upset that gas is up a dollar or two a gallon, wait until...

When CTH outlined the ‘Destination Handbasket’ framework {Go Deep}, we had no idea Blackrock CEO Larry Fink was essentially going to confirm the premise of our prediction. Keep in mind, any digital currency can only work if there is a digital identity attributed to it – what some have called a digital passport which then creates a crypto wallet. I have based the framework, of what appears to be over the horizon, on a set of inevitable geopolitical outcomes if the current path is continued. The letter by Blackrock CEO Larry Fink [LINK] seems to affirm the strongest likelihood of...

Larry Fink, chief executive of BlackRock, the world’s biggest asset manager, said that the war in Ukraine will put an end to globalization as governments and businesses cut ties with Russia, while warning that a large-scale reorienting of supply chains will be inflationary. “The Russian invasion of Ukraine has put an end to the globalization we have experienced over the last three decades,” Fink wrote in a March 24 letter to shareholders, in which he noted that the Russian offensive in Ukraine had catalyzed nations to sever financial and business ties with Moscow. “United in their steadfast commitment to support...

The Biden administration is "urging" the Trudeau Government to quote "use its Federal powers" to stop this protest, to end the truckers protest. In other words, crush them by force. A Member of Parliament described Justin Trudeau's vaccine mandates as, "... an attempt to wedge, to divide, and to stigmatize." You had activists and the D.O.J. and the F.B.I. go from calling parents terrorists to calling protesters terrorists to calling anybody who criticize the shoddy way the election was run in 2020 disinformation, misinformation, and now mal-information spreaders. This is all designed to intimidate American citizens into shutting up and...

The energy shortage is severe enough that it could cause a lot of unhappiness and social unrest, said Blackstone CEO, Stephen Schwarzman. Benchmark US oil futures are around $85 a barrel after surging about 75% year-to-date. Oil could rise to $100 a barrel, said BlackRock CEO Larry Fink. The global energy crisis is severe enough that it could fuel social unrest, said the CEO of asset management company Blackstone on Monday. Stephen Schwarzman was speaking at the Future Investment Initiative conference in Saudi Arabia. Schwarzman, who is also co-founder of the investment firm, said: "We're going to end up with...

The revolving door between Washington and Wall Street always stirs passionate objections from progressive good-governance groups — except, it appears, when it involves corporate wokeism. For proof, all you need to do is ­unpack the Biden administration’s so-called Environmental Social Governance agenda and its ties to BlackRock, the world’s biggest money-management company headed by Larry Fink, which manages more than $9 trillion in assets. BlackRock has been an active cheerleader for White House policy toward ESG — the practice of prodding industries to enact climate-control measures and adopt other lefty shibboleths such as board diversity as part of their business...

Hysteria, groupthink and a fair amount of hypocrisy are the key ingredients in a ­ruinous cocktail that has managed to intoxicate some formerly profit-focused boardrooms. One day, it’s the Adena Friedman-led Nasdaq stock market demanding that its US-listed companies have fully diverse boards even as it ignores a Chinese company’s treatment of the oppressed Uighur ethnic minority. The next, it’s Larry Fink of BlackRock pushing President Biden’s green-energy agenda while hawking high-priced funds that invest in such boondoggles. The latest episode of this farce involves Georgia’s new voter law, which we’re supposed to believe is the second coming of Jim...

If a business wants to operate under “green” rules (or Marxist rules, or whatever sort), it is free to do so — and suffer the consequences. Investors may choose to put their money into such businesses if they want to take the risk. Or maybe the inventor prefers to put his money into an index fund that has announced its commitment to invest only in firms that have certain operating frameworks, such as minimizing carbon emissions. Again, no problem, as long as the investor knows ahead of time where the index fund will or will not put his money. But...

Climate change poses two distinct risks for investors, and a special one for fund managers. The pledge last week by Larry Fink, CEO of fund giant BlackRock Inc., to push clients toward environmental, social and governance investing highlights another risk: that markets are shifting from harnessing the wisdom of crowds to the wisdom of a handful of powerful money-management executives. Leave the pros and cons of ESG aside for a moment. Whatever you think of Mr. Fink’s view, his letter highlights the power he wields over the direction of corporate America, thanks to the votes of BlackRock’s extensive holdings. Shareholders...

Larry Fink’s recent letters to CEOs and investors were certain to press buttons, because they dealt with BlackRock’s plans to address climate change. Yet the reactions, Fink tells Barron’s, have been positive even as climate change has become a political football. “I received one of the great letters of my career from a client in a red state,” says the CEO of BlackRock (ticker: BLK). “This client was very thankful. This client said, ‘We have a 10- to 20-year investment horizon. We now need to look at how we think about investing.’ ” BlackRock puts climate-risk analysis at the heart...