Posted on 12/08/2019 5:30:33 AM PST by davikkm
Extreme Concentration of Ownership in the United States
The Oligarch Take over of Healthcare and Big Pharma
A close-knit oligarchy controls all major corporations.
Institutional investors like BlackRock, Vanguard, State Street, Fidelity, and JP Morgan, now own 80% of all stock in S&P 500 listed companies. The Big Three investors – BlackRock, Vanguard and State Street – alone constitute the largest shareholder in 88% of S&P 500 firms, which roughly correspond to America’s 500 largest corporations. (*3). (source “Extreme”)
Blackrock and Vanguard would then alone own more than one-third of all US publicly listed shares.
The consolidation of ownership of media and social media give the oligarchy the power to limit internet searches, place their opinion makers before the TV camera, flavor editorials and news, shadow ban opposing viewpoints and prohibit voiced dissent in the name of “public safety.”
(Excerpt) Read more at investmentwatchblog.com ...
Do you really think all this incredible wealth is just going to sit around uncontrolled?
Someone needs to run on a tax-the-government plan, after all “dey haz duh money!”
So very true, I used to sell real estate, my husband would occasionally remind me who truly owns all the land and that we are just stewards to his creation. God enabled us to purchase a big land parcel about 20 years ago, 165 acres, although I know it is because of Him and is His, I work even harder to be the very best caretaker.
Liberal claptrap playing right into the “it’s all for the 1% and no one else can build wealth” game.
Successful people worry about what they can control and move forward.
Failures worry about the climate, the FED, the Central Banks, rich people and everything else they can’t control and blames their problems on meaningless things that don’t matter.
... When did liberal wealth haters start hanging out here?
Matthew 6:19-21 New International Version (NIV)
Treasures in Heaven
19 “Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. 20 But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. 21 For where your treasure is, there your heart will be also.
Jesus, in Luke 12:33-34, gives us an idea of treasure in heaven when he says:
Sell your possessions, and give to the needy. Provide yourselves with moneybags that do not grow old, with a treasure in the heavens that does not fail, where no thief approaches and no moth destroys. For where your treasure is, there will your heart be also.
I give >20% of my efforts to the sick who cannot pay for their own care
I have stewardship over wealth,
but do not own one proton of existence
Yes, it does. I bet somebody could make a successful go of it though.
On the plus side, maybe we can tax government out of existence? Draconian taxes have done wonders for the private sector businesses. Why shouldn’t they do the same for big government?
You’re so superior, how do live with all the rest of us low-lifes?
It all gets down to the basics. The people that control the creation and movement of food, shelter, and water are the keepers of the world. The US is a piece of it, and people may think they are in absolute control of it, but no one ever is. About the time someone is determined king of the world, they die. And the pattern continues.
The only entity that can be determined they are in ownership of anything is the last one on earth. And then it dies. Everything is itself, not someone else’s. Nature has allowed part time ownership. People, in their arrogance, just think they do. Anything can be taken. The best thoughts on this were some of the American Indian tribes who were true stewarts of the land.
rwood
“What did Jesus mean when He said it is easier for a camel to go through the eye of a needle than for a rich man to get into heaven?”
Meant that a camel could NOT get into the city thru that particularly SMALL entranceway called ‘the eye of the camel’ and a rich man finds himself in that predicament with / on judgment day..?
Yeah, as individual investors, we are dumber than hell to own good index funds like the ones named in this article.
Index funds have enabled my wife, and I to share in America’s growth for over 3 decades.
During the Trump economy, the index funds in our IRAs have more than paid for the mandatory monthly/yearly deductions.
Who pays you to post all the negative Schiff you post?
So the answer to the question is, We, the stockholders. So if you aren’t comfortable with fund managers investing people’s money in such funds for a 10% return, then go ahead and sell. Put the money under your mattress.
When did liberal wealth haters start hanging out here?
Maybe, when they got paid for negative trolling.
Add IRA to your first line.
Then, any of us with an IRA, Keough, or 401k own those shares.
No one owns the United States.
Your reply below nails the negative naybobs on FR!
Your reply below nails the negative naybobs on FR!
In the Bloggers & Personal forum, on a thread titled Who actually owns the United States?,
Mr. Lucky wrote:
We can’t have that.
Americans should be made to look to the central government, not their own enterprise or thrift, for sustenance during their later years.
Thanks for the reality instead of the negative bs!
“Institutional investors like BlackRock, Vanguard, State Street, Fidelity, and JP Morgan, now own 80% of all stock in S&P 500 listed companies.”
The titles listed in that sentence are not oligarchs. They are themselves owned by hundreds of thousands of investors, and the majority of those investors are institutional - like pension funds and insurance companies.
I could not believe that the print media journalists could be so stupid to ask that question? Once again though I realized journalists don’t work here anymore. Political operatives with a social architecture agenda write the “Steer the Fools” articles for their own purposes.
The full out assault on America's icon institutions is in its early stages and building. Disinformation and propaganda will soon have ten tonne tire fires on every main street USA. Nobody will be able to tell you why? Other than social justice, whatever that is?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.