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Purp1eOne
Winning
Jarl (15,569)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Dec 27, 2020 10:09:38 GMT -6
For you twit followers this guy does a lot of retweets but he has a decent feed
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Odin
Purp1eOne
Winning
Jarl (15,569)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Dec 27, 2020 10:23:00 GMT -6
parler.com/post/36d1d7934f58493b93f496df879b6ca8Profile Photo Buy American Movement 4 hours ago · 660 @ BuyDirectUSA Zoom executive exposed as Chinese Communist spy who sabotaged anti-China video conferences with child porn and terrorism: DOJ The spy fabricated fake evidence of child porn and terrorism to frame Zoom users China has never been an ally. They are entrenched in our nation so they can take it over. Stop buying crap from China, Buy American, support US manufacturing and dont buy stuff made by companies that are owned by China. We will work to compile a list on our website soon.
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Norseman
Thegn (3,074)
Apr 21, 2018
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Post by Norseman on Dec 27, 2020 10:32:51 GMT -6
This is extremely misleading. I don't know anything about State Street, but BlackRock and Vanguard create and manage mutual funds and ETFs. Neither are direct "shareholders," but they provide a means for millions of Americans (and others) to invest in things like S&P 500 companies.
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Odin
Purp1eOne
Winning
Jarl (15,569)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Dec 27, 2020 10:49:59 GMT -6
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Norseman
Thegn (3,074)
Apr 21, 2018
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Post by Norseman on Dec 27, 2020 13:13:52 GMT -6
So you are trying to say they don't have any influence being the worlds largest asset manager? Pretty much that. BlackRock doesn't invest. They provide mutual funds and ETFs that are either a) index funds or b) actively managed funds that, in a growing number of cases, adopt an agenda to convince retail investors to pay higher fees and expect less returns to support some cause. It's likely the later that the article is focused on. In other words, it's all just marketing. They are trying to tap into the "woke" crowd who don't want to indirectly own stocks in "bad" companies (racist polluters who suppress minorities and women). They can roll out all the actively managed funds that they want, but it won't have any impact on the vast majority of savvy investors who understand the value in passively managed index funds.
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Odin
Purp1eOne
Winning
Jarl (15,569)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Dec 27, 2020 13:33:01 GMT -6
So you are trying to say they don't have any influence being the worlds largest asset manager? Pretty much that. BlackRock doesn't invest. They provide mutual funds and ETFs that are either a) index funds or b) actively managed funds that, in a growing number of cases, adopt an agenda to convince retail investors to pay higher fees and expect less returns to support some cause. It's likely the later that the article is focused on. In other words, it's all just marketing. They are trying to tap into the "woke" crowd who don't want to indirectly own stocks in "bad" companies (racist polluters who suppress minorities and women). They can roll out all the actively managed funds that they want, but it won't have any impact on the vast majority of savvy investors who understand the value in passively managed index funds. I have been in the market with my own money, not 401ks or pensions, for over 30 years I know what Black Rock is and does. Its not just an avenue for Joe Blow to take their money and buy an etf or fund. Is China Buying BlackRock? Is China Buying BlackRock? COMMENTARY .By Rupert DarwallMay 13, 2020 Is China Buying BlackRock?AP Photo/Mark Lennihan, File You may not be interested in war, but war is interested in you, the old adage goes. The same is true of China, financial strategist David Goldman writes in a recent essay. China doesn’t want to rule you; it wants to assimilate you. It was, and remains, utterly ruthless. Its goal: to own the “control points” in every sphere of economic life. Goldman recounts dinner with a Communist Party of China cadre instructor whose daughter had just graduated from a top American university. “He asked if I could help her get a job on Wall Street.” China knows that Wall Street is the gateway to America’s central nervous system. Finance controls capital. Wall Street is the conduit of highly valuable information about all sectors of the economy. It has privileged access in the corridors of power in Washington, D.C. And Wall Street can be bought. Recommended XRecommendedLimbaugh End of Year Monologue: I Understand What Lou Gehrig Meant Trump Made Lasting Impact on Federal Courts U.S. Space Command--Preventing Another "Sputnik" Limbaugh End of Year Monologue: I Understand What Lou Gehrig Meant In their book “Red Capitalism,” about China’s banking system, authors Carl Walter and Fraser Howie write of the role of Wall Street and the privatization of China’s state-owned enterprises (SOEs) in selling billions of dollars of shares in initial public offerings that “went off like strings of fire crackers in the global capital markets. All of these companies were imagined up, created, and listed by American investment bankers.” The creation of the new SOEs out of the dross of the old SOEs is the work of Wall Street bankers who provided the “lipstick, the mascara, the pedicure, the hair weave” so that they closely resemble Western corporations and can be sold at high prices, handsomely profiting the party and its friends and, of course, Wall Street banks. As the Indian stockbroker Shankar Sharma has noted, in just one Chinese bank IPO, the government paid Wall Street $200 million. “Research reports by Wall Street banks have always been up for sale to the highest bidder, and nobody knows this better than the Chinese.” There has to be someone on the buy side to pay for all this Wall Street-minted SOE paper. Nearly 40% of the BlackRock-managed iShares Emerging Markets ETF is represented by this Chinese paper. How much of it is pure dross is hard to say, as U.S. regulators in the form of the Public Company Accounting Oversight Board, established by the Sarbanes-Oxley Act, are prevented from overseeing audits of these companies. That has rung alarm bells with the SEC, which has oversight responsibility for the board. On May 4, SEC Chairman Jay Clayton warned about the consequences of the inability of U.S. regulators to inspect for compliance and enforce U.S. securities rules and regulations. Such investing entails “significant disclosure, financial reporting and other risks,” Clayton said — risks that Main Street investors should better understand. When the lipstick comes off the pig, it’s not a pretty sight. That happened to two companies in BlackRock’s emerging markets ETF only last month. On April 2, China’s Luckin Coffee announced that some of its employees, including its chief operating officer, fabricated 2.2 billion yuan ($310 million) in sales from the second quarter to the fourth quarter of last year. The SEC has announced that it is launching a probe into the apparent fraud. Five days later, Tal Education Group, a K-12 tutoring provider, announced that it had uncovered that one of its employees had inflated sales by forging contracts. Reports suggest that the fraud could have been taking place as far back as 2016. www.realclearpolitics.com/articles/2020/05/13/is_china_buying_blackrock_143185.html#!
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Norseman
Thegn (3,074)
Apr 21, 2018
Valhalla
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Post by Norseman on Dec 27, 2020 15:11:58 GMT -6
I’ve never invested in an emerging markets fund. This is why.
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Odin
Purp1eOne
Winning
Jarl (15,569)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Dec 30, 2020 15:39:53 GMT -6
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Post by Purplemachine on Dec 30, 2020 21:03:48 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,569)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Jan 1, 2021 16:51:27 GMT -6
REVEALED: The Senior U.S. Officials Taking CCP-Subsidized Trips, Dinners for ‘Favorable Coverage’ (LIST) The full list follows a National Pulse exposé on media participants of the China-United States Exchange Foundation (CUSEF) sponsored trip to China – the Communist Party-linked propaganda group seeking “favorable coverage” from U.S. institutions. CUSEF’s efforts to “to co-opt and neutralize sources of potential opposition to the policies and authority of its ruling Chinese Communist Party” and “influence overseas Chinese communities, foreign governments, and other actors to take actions or adopt positions supportive of Beijing’s preferred policies” go right to the top of U.S. politics. link
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Odin
Purp1eOne
Winning
Jarl (15,569)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Jul 22, 2022 14:17:52 GMT -6
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Post by Purplemachine on Jul 22, 2022 15:55:39 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,569)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Aug 17, 2022 13:40:00 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,569)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Aug 22, 2022 14:29:30 GMT -6
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Post by gophersturf10 on Aug 22, 2022 18:03:40 GMT -6
It’s a crime our federal gov can’t protect these people..
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