By way of contrast, Blackrock has about $10 trillion of Assets Under Management (AUM), most of which seem to be equity funds. This is not a pile of cash that Mr. Fink can use to buy homes. AUM is simply the market value of all funds with the Blackrock name on it...it includes your retirement fund, 401(k) assets, etc.
Fantasies about Blackrock et al owning everything is born out of ignorance. This same idiocy was on display in the 80s, when people thought Japan Inc. was going to own us. Japanese investors bought Pebble Beach and Rockefeller Center. And guess what happened? They lost those properties in bankruptcy.
The price of freedom is eternal vigilance. It is wise to keep up with emerging developments in the marketplace. But the growing mindless consumption of economic fearporn/snake oil on the right is outright embarrassing.
Some elements on the right are becoming like the dopey leftists circa 2000 who shrieked HALIBURTON every other day. Today's righties simply shriek BLACKROCK, SOROS, or some other boogeyman.
Despite different nouns, they share the same facile mindset. They're being lead to slaughter.
143 million housing units means there are almost 20 million “vacant” homes.
Brian Deese Video: ‘Liberal World Order’ Comments Go Viral
https://heavy.com/news/brian-deese-liberal-world-order-video/
White House sparks backlash after saying high gas prices guard ‘liberal world order’
https://www.washingtonexaminer.com/news/white-house/brian-deese-gas-liberal-world-order
Desee….I think he’s one of 4 or 5 implanted in CornPop’s administration
Deese started his political career as top economic advisor for the Hillary Clinton campaign in 2008. When she lost, Deese moved over to Barack Obama’s campaign in the same role. He graduated from Yale Law School a year later while working for the Obama regime.
So, what happened in the gap between his stints with the Obama and Biden regimes? He went to work for Blackrock in 2017 and left them, conspicuously, in December 2020, just in time to take his newly acquired New World Order marching orders into a high position with the White House.
While with BlackRock, he was the Global Head of Sustainable Investing. Deese led BlackRock’s Sustainable Investing Team which “is focused on identifying drivers of long-term return associated with environmental, social and governance issues.”