“I define woke capital as a top-down, anti-democratic movement on the part of some of the biggest and most important leaders in business to change the way American business functions, and to change the relationship between the American citizen and the American state. The key term is that it is anti-democratic.”
– Stephen Soukup, Author of The Dictatorship of Woke Capital: How Political Correctness Captured Big Business
It seems like you can’t go anywhere these days without reading or hearing something about BlackRock, the main finance arm of the Globalist American Empire. The symbol of woke capital, BlackRock has become the world’s largest money manager in less than three decades, with nearly $10 trillion in assets under management. Its CEO, “lifelong Democrat” supporter Laurence “Larry” Fink (Vanity Fair made it clear in its 2010 profile of him that he “is not” a populist), is the archetype of the modern woke Party of the Davos oligarch (he was poised to take over Hillary Clinton’s Treasury Department in 2016 should she have won), cynically pushing “progressive” political ends in order to keep useful idiots from questioning how he’s stripping the working and middle class dry of any financial power and agency. He’s the perfect embodiment of what uniparty shill, two-time failed presidential candidate, and RINO leader of the failed #NeverTrump movement, Mitt Romney, was referring to when he said “corporations are people” (you know, back when he would’ve “dropped to his knees” for Trump’s endorsement).
It would take an entire book to cover just how corrupt BlackRock and its figurehead is (if only Christopher Hitchens was still alive to write it), so consider this an introduction. As with any rotten institution, the level of woke signaling on display is synonymous with its level of corruption. Take from that what you will.
To put it lightly, BlackRock (along with the other “Big Three” asset managers, State Street and Vanguard) pretty much owns everything, including Corporate America, the Federal Government (yes, Wall Street’s ownership of the federal government lies at the core of the globalist rot), and likely, in some form or another, you. If you’ve granted your shareholder voting rights to the investment companies that manage the securities in your 401(k)s or IRAs, you’re funding this ‘Activist’ investment company by proxy. That’s because the days of firms remaining neutral on politics are over. In fact, they’ve been over for quite some time now. They made the call without discussing it with you first or asking for your permission because they don’t care about you. They think you’re stupid. But they do care about “diversity”!
As one popular meme tell us, “The world you were raised to survive in no longer exists.”
In the past, an institution like BlackRock would conduct its shady business in secret, in private, far from the public’s view. There’s a reason the mafia didn’t conduct business on picnic blankets in the middle of Central Park. Today’s elites, however, have a different modus operandi.
Needless to say, when it comes to woke capital, the “cure” (so to speak) is worse than the disease.
In the modern era, woke authoritarian multinationals like BlackRock need to control you completely and absolutely, to shame you and lecture you and hector you relentlessly, all in service of creating their de facto regulatory extensions of the Globalist American Empire regime. That’s why it removed Walmart and Dick’s from being featured in its “socially conscious” funds (for legally selling firearms to law-abiding citizens). That’s why, in his annual 2020 letter, Fink, claiming “climate change” will cause a transformative reallocation of capital towards “sustainable” investments, said “Awareness is rapidly changing…we are on the edge of a fundamental reshaping of finance…Every government, company, and shareholder must confront climate change.”
Yeesh! Who friggin’ died and made this guy pope? Activist Woke Capital Dictator Oligarch, Sir yes Sir!
Oh yeah, Fink is ditching the usual corporate goal of maximizing shareholder value in order to maximize “social justice” initiatives alright, except that’s total bs because BlackRock is actually raking in even more dough than ever as they politicize, increasing the number of “ESG” (Environmental, Social, and Governance) funds its clients can invest in and joining the “Climate Action 100+” in order align its business strategy with the goals of the Paris Agreement as they continue to conveniently ignore the fact that China (and, ipso facto, the Chinese Communist Party), the world’s biggest polluter, is in bed with them every which way from Wednesday. There’s cynical and then there’s cynical, you know?
Explaining how BlackRock puts extra costs on U.S. companies while giving China a free pass, National Center Free Enterprise Project Director Justin Danhof said the following on “War Room: Pandemic” in May of 2020:
The important thing to note about BlackRock is the duplicity of the actions that they’re taking when it comes to America versus China. So let’s start with what they’re doing in America. In America, they are now pushing far-left environment, social and governance initiatives on the companies that they invest in. What they’re doing is they’re pushing this extra-governmental cost for companies that they invest in to comply with Larry Fink’s worldview of their ESG issues. And so, at a time when we’re facing the greatest economic crisis since the Great Depression, they’re adding costs on American businesses. OK – that’s deplorable in and of itself. But what are they doing with China? Well, they’re promoting investments in Chinese companies at the same time – which, of course, have terrible environmental records, terrible stewardship records, terrible governance records. And let’s take it one step further. They have no oversight, no auditing that U.S. companies have. And that’s why the U.S. Senate unanimously, by unanimous consent, passed a bill saying that they must align themselves if they want to be on U.S. markets. With regulators that have a right to oversee American companies – that they must be on an equal footing. It’s pretty interesting that, in front of the Davos crowd and the Wall Street crowd, Larry Fink will pound his chest and promote this new stakeholder capitalism model. Promote liberal ESG initiatives. But when he’s pressed on the duplicity of what he’s doing in the States compared to what he’s doing in China, he can’t answer for it.
That ‘new stakeholder capitalism model’ is ‘pretty interesting,’ indeed! Vladimir Lenin wasn’t kidding when he said “The Capitalists will sell us the rope with which we will hang them.” He just probably never imagined in his wildest dreams that the so-called ‘capitalists’ (Fortune 500s, banks, Wall Street, etc.) had, in fact, become ‘us’.
When Covid hit America hard in March 2020, the virus legitimately made the case for nationalism better than any politician could in terms of the need to decouple America’s economy from China’s, bring manufacturing back to the states, and rework our supply chain (as we’re almost entirely dependent on China for our pharmaceuticals so that a couple of oligarchs can make a few extra bucks in the short term). Fink, however, wasn’t having any of this. For him, the move was obvious. America didn’t have to regain complete economic independence from China. No, no, no. That might make an inkling of sense. On the contrary, what our economy needed to be was even more tied up with China’s! Suffice to say, this shmendrick takes selling out the U.S. to a brand new level. And let’s not even get started on how Fink’s cronies authored the “Going Direct” bailout plan (pre-COVID) that the U.S Treasury and the Federal Reserve utilized to subsidize nearly $500 billion of taxpayer money (again, without any public debate).
Once the Biden transition was underway, Fink wrote a “2021 Stewardship Expectations” letter that you could easily mistake for a Smith College two-spirit’s dissertation on intersectional dance theory written between Green New Deal and Black Lives Matter rallies if you covered the author’s name and read it blind. In it, Fink describes how his 2020 BlackRock “racial audits” and struggle sessions have been going as the company pushes for more “corporate social responsibility” and an even more radical “diversity, equity, and inclusion agenda”:
Where we believe companies are not moving with sufficient speed and urgency, our most frequent course of action will be to hold directors accountable by voting against their re-election…41% of companies where we voted against directors for diversity reasons in 2019 increased their board diversity in the following year. [Furthermore,] we identified 244 companies that were making insufficient progress integrating climate risk into their business models or disclosures. Of these companies, we took voting action against 53, or 22%. We have put the remaining 191 companies ‘on watch.’
These woke corporatist mobsters sure do make us long for the days of John Gotti. At least they didn’t act like the authoritarian versions of moldy dreadlock “Womanists” experimenting with their sexuality while growing their armpit hair out at Lilith Fair.
“Wokeness is fascism camouflaged by rainbows.”
– Geoffrey Miller, Evolutionary Psychologist
Move over Goldman Sachs. There’s a new permanent capital vampire squid in town!
To say that Fink and BlackRock have a cozy relationship with the Democrat Party would be the understatement of the century. Brian Deese, formerly BlackRock’s “Global Head of Sustainable Investing,” (whatever the hell that means) leads Biden’s National Economic Council. Adewale “Wally” Adeyemo, formerly Fink’s Chief of Staff (not to mention Obama’s Senior International Economic Advisor, chief negotiator of TPP, and Obama Foundation President), serves as a top official at the Treasury Department. And Michael Pyle, formerly BlackRock’s “Global Chief Investment Strategist,” serves as chief economic advisor to Kamala Harris. The list goes on.
What was it that Obama said in 2009 again? “I did not run for office to be helping out a bunch of fat cat bankers on Wall Street”? That’s adorable.
As Fink was filling the Biden administration with his globalist goons, he made sure to virtue signal that the Capitol riot was “an assault on democracy” while applauding then President-elect Joe Biden (“the voice of reason markets need”) for staying “above the fray” (as if the guy even knows if he’s coming or going), then spazzed out at the Georgia State Legislature for signing the Election Integrity Act of 2021 into law.
The relationship between the people and BlackRock really hit a fever pitch this past June when Americans realized the extent of their plan to become America’s landlord amidst skyrocketing home prices, of private equity’s plot to rob families of the American Dream and turn us into a country of renters. Simply put, no working or middle class families (of all colors) can compete in the ‘single family’ home market if they are outbid and priced out of it by the largest financial institution in the world (as they subsidize said institution with their taxpayer dollars against their will, mind you) and other foreign investment.
In part of an ongoing Twitter thread, CulturalHusbandry (@APhilosophae) explains:
Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Why are corporations, pension funds and property investment groups buying entire neighborhoods out from under the middle class? … Homes are popping up on MLS and going under contract within a few hours. Blackrock, among others, are buying up thousands of new homes and entire neighborhoods. So who is Blackrock? Only the world’s largest asset manager and the leading proponent of The Great Reset. They’re looking to redistribute … $120 Trillion dollars. The entire wealth of the world’s middle class and poor combined several times over…The Great Reset is real [and] it is happening. This will be the greatest transfer of wealth, and greatest consolidation of power in the history of mankind. If they get away with it, revolution will be the only cure. It will be awful. Wake up…People will say “They can’t just piss away money on buying tens of thousands of houses that are all at a loss.” WRONG. YOU AND I CAN’T DO THAT. They are fronting the federal reserve, and are financed by an endless stream of freshly created fiat money. And what’s the global reserve currency???? Oh ya… green funny money. You may ask ‘Suppose the banks won’t finance new housing?’ Or ‘But companies are buying them for way above asking price, can it last?’ Well, the banks are controlled by and [are] in bed with the same cabal buying everything up. You think this will be corrected by market forces when it is a financial and political pincher movement pushed by the same cabal that…hid COVID Truth? You are fucked.
Meanwhile, possible bad actor/fake regime opposition pundit Ben Shapiro joined in on the same chorus as his neoliberal buddies at Vox (spoiler alert: the CEO of Vox investor General Atlantic is on the board of BlackRock) and immediately jumped to BlackRock’s (bootstraps for thee, not for me, remember?) defense to absolutely no surprise whatsoever (watch Shapiro’s adversarial 2018 interview with economic populist Tucker Carlson for the cliff notes), saying:
I see many people are enraged at Blackrock. Blackrock is buying homes from people willing to sell them. If you don’t like what they’re doing, target the loose governmental policy incentivizing this sort of investment. Seriously, Blackrock isn’t going to stop investing in single-family homes because you’re mad on Twitter. But you could direct your energies toward stopping the Fed’s insane monetary policy, which is driving down the cost of loans and creating a massive bubble. If Blackrock is willing to take the risk of leveraging up to buy single-family housing at above-market prices, that’s their prerogative. So long as they own the downside risk. No bailouts. Ever. And if you’re mad at Blackrock and want to artificially prevent them from buying single-family homes, I’d like for you to explain to those who currently own the homes why you’re taking money out of their pocket.
‘No bailouts,’ huh? Like the last two financial crises, Benji? In the words of Adam Carolla, Shapiro’s defense is indicative of the fact that he’s either “stupid or [a] liar.” Since Shapiro is most definitely not stupid, that leaves only one alternative. Ben, if you ever read this, do you really want to be on the side that publishes pieces like “Homeownership can bring out the worst in you”? Give it a think before we’re all serfs, would ya? Thanks.
You know what we call it when the Fed’s cheap flood of cash hangs Main Street out to dry to Wall Street? We call it what Carol Roth, author of The War on Small Business: How The Government Used The Pandemic To Crush The Backbone of America calls it: “War on the little guy…war on small business.”
We didn’t originally get the memo, but apparently “Build Back Better” means the Fed bails Wall Street out with free money (enlisting it in its massive debt-buying programs as BlackRock benefits from Fed purchases of Corporate Bond ETF’s) while it becomes increasingly harder for Americans of all backgrounds to start a small business or own a home. That means less citizenship power, the polar opposite of Advanced Citizenship. But please, Larry Fink, keep lecturing us about how you’re “appalled – as is anyone who cares about diversity, fairness, and justice – by the events of the last few weeks [i.e. George Floyd] involving racial injustice in the U.S.” Or, rather, spare us populists the cheap sanctimony and unearned self-righteousness, because if multinational oligarchs like you didn’t work diligently to export our manufacturing base abroad and push for the kind of open borders that the Chinese Communist Party uses to flood our country with opioids (like the fentanyl found in Floyd’s system) via Mexican cartels, George Floyd might have been a supervisor at a factory in the Midwest and been enjoying some quiet fishing at his lake house in Minnesota today.
It’s not that big business just deserves as much skepticism as big government. It’s that big business IS big government and big government IS big business. Do you want to wait and find out what BlackRock does next in ‘The Great Reset’? Until they fully implement their version of China’s Social Credit System on us? Or have you had enough? Because, according to Fink, “inflation is here to stay” and you “are going to have to, unfortunately, whether [you] like it or not … work longer.” Got it? On the flipside, however, Fink is being recognized next month at the upcoming third Annual Women Business Collaborative (WBC) Summit with the WBC’s 2021 Excellence in Gender and Diversity CEO Award for his efforts in “advancing diversity, equity, and inclusion” when it comes to diversifying his workforce and increasing opportunities for women in business roles.
Worst. Ruling. Class. Ever.
We’re no finance whizzes here at Advanced Citizenship, but we do know our ethos regarding “shareholder value” remains best summarized by Steve Bannon in his 2018 New York magazine interview with Noah Kulwin, in which he describes “How 2008 Planted the Seed for the Trump Presidency”:
If the ’80s and the way we got in this debacle was this radical idea of maximization of shareholder value, here’s what … populism stands for. It’s a very simple concept. We’re going to maximize the value of citizenship. We’re going to maximize citizenship value. If you’re an American citizen, you get a special deal. I don’t care if you’re Jewish, Muslim, Hindu, black, white, red, pink, green. I do not care. If you’re an American citizen, you get a better deal.
Amen.