Comments by "Elizabeth Loveland" (@Shineon83) on "The Plain Bagel" channel.

  1. You are WRONG. Black Rock/Vanguard do not “OWN” the assets—it’s WORSE: They direct WHICH companies they will direct investments to—and which they won’t. Those not “agreeing with” and implementing their ESG agenda do not receive funding. They literally, can make or break companies… ***You are (intentionally) DOWNPLAYING the tremendous power these firms wield (and you may shortly need to produce a “mea culpa” video—when Congress begins digging through their records in Nov. ….Investment firms requiring certain “behaviors & beliefs” from private companies (which are totally unrelated to fiduciary matters) is both UNETHICAL & ILLEGAL.
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  2. No. The truth in the case of both Blackrock & Vanguard isn’t “boring,” as this wanna-be “rockstar” economist is trying to allege (those of you falling for his “It’s-just-a-big-deal-over-nothing” spiel are as credulous —and as misinformed—as he is)…. Anyone who is aware of what is happening know that both companies are in DEEP trouble….Blackrock has been making and breaking PRIVATE companies—based on their “acceptance” and implementation of BR’s self-created ESG goals…They have the power to literally destroy companies by withholding financing from them (and worse—by steering other large investors away from them)…. This is patently illegal. Congress is going to BEGIN digging into these behemoths in November….The SMART folks know that anti-trust actions will be only the tip of the iceberg (with Blackrock, in particular)—which has become the poster child of what happens when a quasi-religious zealot (Larry Fink) amasses too much power & influence in the largest financing conglomerate in the country…. I won’t hold my breath waiting for this dude’s “Mea Culpa” over his really bad analysis on this; but will wait for the indictments against Blackrock to start poring in : alleging economic coercion, enforcing “morality benchmarks” on private firms—and intentionally causing economic damages to companies that refused to comply…. The takedown is coming (and it’s going to be epic)….OR……Plug your ears—and keep following this dude
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  3. Yeah—Fink is STILL trying to peddle that false, “Customers-Want-ESG” “data….(Turns out, no one wants to be thought an anti-environmentalist schmuck, so when they’re asked is ESG “important” to them, answer in the affirmative …. Like everything, however, the devil is in the detail : The majority of these same folks (who like environmental responsibility) do NOT like the nauseating virtue-signaling/trans activism/bean-counting of these firms….Disney is the perfect example of a once untouchable juggernaut—destroyed by ESG principles SHOVED down the throats of their (now former) movie-goers….
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