Ever wondered why "get woke, go broke" never succeeded? Why companies have seemingly introduced toxic cultures, subsequently destroying their productivity and profits? Was it to target only leftist consumers? That makes no sense - they're alienating a large potion of the market in favor of only a small portion. You would be correct - it DOESN'T make sense.
That is, until you meet Larry Fink. Larry Fink has been a very busy bee over the last decade or two. He has created the largest hedge fund company in the entirety of history - BlackRock. Our story starts in 2008, during the housing bubble crash and Global Financial Crisis. The FED is freaking out, not knowing how to manage the situation. It looks extremely likely that the entire system will implode and they do not have the tools to stop it. Enter Larry Fink. Our boy Larry offered to help. He was running a $7 trillion dollar hedge fund at the time. They created the Maiden Lane vehicles where all of the defunct Wall Street giants' assets will be placed and managed by the FED officially, but in reality it was Larry who was the one to manage them.
Fast-forward to the 2020 crash. The FED is panicking again because the corporate bond market was about to collapse, as investors no longer wanted the zombie corps' debt. If this market went, corporations would no longer be able to fund themselves, except for issuing more stock which would future de-value equities and create a death spiral. So, who's come to save the day once more? Larry Fink. The FED basically told Larry to buy worthless bonds, and they in turn will actively buy his ETF to subsidize him. This in turn, means BlackRock is now having freshly-printed U.S. dollars purchase his ETF. BlackRock is now effectively part of the financial system, to the point where Bloomberg even called them "the Fourth Branch of Government."
Now you might be wondering, "what does this have to do with 'wokism'? It's a rant about what we already know!" You see, our boy Larry Fink has recently become obsessed with something called ESG - Environment, Social & Corporate governance - investing. In short, Larry's investment philosophy is to reward companies that comply with certain rules regarding investment dollars. Examples of said-rules include the CEO not receiving a standard salary, and meeting employment standards pertaining to "diversity" and "inclusion". Larry is free to throw approximately $12 trillion dollars to the companies with the highest ESG score - in essence, a "woke score".
Perhaps you're thinking, "so what? Non-ESG companies can get investment dollars from elsewhere. That doesn't matter!" You would be wrong. BlackRock's Aladdin service is used by practically every major investment institution and fund around the globe. Most of these institutions and funds utilize the ESG ranking as well, even if they do not believe in it. After all, why would you want to draw the ire of the "Fourth Branch of Government" by not complying?
This has lead to every single corporation on Earth having to increase their "wokeness" to receive investment-dollars, otherwise their ESG score will be too-low and they will effectively be blocked from the market. This is why the agenda is being pushed at any and all cost. Mr. Fink has a hard-on for wokeness, and no one dares cross him. There really are no brakes on the rape train.
I love how this faggy shit is always written in the same gay whimsical tone >You would be correct -- it DOESN'T make sense. >reddit spacing >perhaps you're thinking, so what?
Christian Sullivan
Guy literally only posted facts, liberals are the equivalent of a Kindergartener plugging their ears going "lalala I can't hear you."
Caleb Foster
You know, the funny thing about your post - it's advertising a website I've never been to even once in my life.
yeah yeah yeah, it's all a "far-right conspiracy" until the nyt finally admits it on page 10, 3 years later.
Ryder Peterson
That guy is a genius, he loans money under the condition you make shit, the more shit you make the more you can ask for, but those compaies are too stupid they forgot they still have to pay for those loans. That's why Netflix and Disney are dying
Jason Walker
>Bring indoctrinated by Any Forums 2016 election tourists and liveleak refugees Jebus H Christmas...
Xavier White
checked
Easton Stewart
Blackrock supports Republicans.
Logan King
Goldman Sachs > Blackrock
Nolan Sanders
so do troons, being Republican means absolutely nothing
Elijah Bailey
That means leftoids and rightoids are the true threat to America. Loyal American patriots need to band together to keep our union and laugh at all leftoid/rightoid schizos shitting up our anonymous message board.
Ryder Perez
>dumb slogan doesn't work >invent a global conspiracy to cope
Levi Davis
What the hell do you think I've been doing for the past several years? Fuck this board and everyone in it.
