If elected, Vivek Ramaswamy wants to take down ‘The Most Power Cartel in History’ Black Rock, Vanguard, and State Street


Important Takeaways:

  • BlackRock, Vanguard, State Street Are ‘Most Powerful Cartel in History’, Says Vivek
  • Republican presidential hopeful Vivek Ramaswamy has declared the BlackRock, State Street, and Vanguard corporations are “arguably the most powerful cartel in human history,” using their financial might to impose hard-left climate change policies and identity politics on much of the supposedly free market.
  • “[T]hey’re the largest shareholders of nearly every major public company (even of each other) & they use *your* own money to foist ESG [Environmental, Social, and Governance] agendas onto corporate boards – voting for ‘racial equity audits’ & ‘Scope 3 emissions caps’ that don’t advance your best financial interests,” Ramaswamy accused.
  • BlackRock CEO Larry Fink bragged in 2017 that mega-businesses like his were using their financial firepower to “force behaviors” on gender and race, while BlackRock recruiter Serge Varlay was caught boasting that the firm had U.S. Senators and other politician “in [its] pocket” by an undercover reporter earlier this year.
  • “This raises serious fiduciary, antitrust, and conflict-of-interest concerns. As President I will cut off the real hand that guides the ESG movement – not the invisible hand of the free market, but the invisible fist of government itself,” said the tech entrepreneur, a previously unknown figure who has now pulled ahead of Florida Governor Ron DeSantis in multiple polls.

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