Billionaire BlackRock CEO Larry Fink said it “really doesn’t matter” who wins the US presidential election, because both Donald Trump and Kamala Harris will be good for Wall Street. Ben Norton shows how the United States is not a democracy but rather an oligarchy, in which big corporations buy politicians and lobbyists create policies.
Topics
0:00 US election season
0:42 BlackRock CEO: it “really doesn’t matter” who wins US elections
2:20 The “Big Three” Wall Street asset managers
3:06 S&P 500 and Nasdaq bubbles
4:35 Richest 10% of Americans own 93% of stocks
5:30 Princeton study: USA is oligarchy, not democracy
6:26 Billions spent buying US elections
7:54 Money buys seats in Congress (90% of the time)
8:50 Crypto industry funds Republicans & Democrats
10:51 Biden promised rich donors “nothing would fundamentally change”
11:59 Extreme wealth & income inequality in USA
15:12 US wages stagnated while productivity soared
15:42 Financialization of US economy
17:09 Inflation & cost of living crisis
18:43 House prices grow much faster than wages
20:48 Blackstone: the world’s largest landlord
22:49 Private equity
24:03 Blackstone CEO Stephen Schwarzman funds Trump
24:28 Kamala Harris & Trump woo Wall Street
25:25 Trump tax cuts make rich much richer
27:19 BlackRock makes economic policy for Biden & Harris
28:10 USA is an oligarchy
29:41 Outro
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It has always been two wings of the same mob.
Great Video 🎉 We created a documentary style video covering Black Rock on Our page ! Definitely a power house company
When money managed everything have forget morality justice and humanity
what a explanation
The US Administion irrespective of President Elect is controlled by Deep State. Deep State is controlled by the Richest Oligarchs are Black Rock, Vanguard and States Street including those who contributed to DEEP STATE. It depict the US Administration is eroded with corruption and Deep State ensure no one stands in its way including world weak leaders with corruption to change its Regime with Sanctions, Havoc, Disturbances, Turmoil and Chaos to steal their Rich Resources. It is Power, Greed, Monies with Corruption.
Kamala's husband has permits/ investments in the lithium mines here in Western NC. Funny coinkydink considering we are abandoned here in WNC, left in the ruins.
This just isn't true, no one group can decide every policy or facet of our lives, look at what RFK is getting the chance to do
It's been said that the difference between the Chinese and USA political systems is that in China you can't change the party but policies can change while in the USA you can change the party but the policies don't change.
Honestly, how can you bring down BlackRock? You just have to play the same game and have decency to help the poor.
Wow, this is really eye-opening. The voting did not matter.
This. This is exactly why we were NEVER supposed to put capital above REAL HUMAN lives.
Black Rock is the Deep State.
I'd way rather listen to Ben Norton about how corrupt both the R's & D's are. And how the US is no democracy but an oligarchy. Such a waste of time to watch people like Glenn Greenwald & Max Blumenthal as they carry on defending or downplaying people like Trump, Vance & their neo con, oligarchic, pro Zionist buddies. Don't get me wrong I have no problem when people call out the D's for their BS but I see no valid reason for anyone to waste their audience's time actively defending R's criminality. Ben Norton is the best.
They have a made a mockery of the poor and middle class.
Two different sides of the same coin designed to make believe we have a choice.
The United States is a disgrace.
There is no such thing as democracy !! It's just a mask to hide oligarchies!!
It's always in my mind that rich are getting richer poor get poorer this democracy nation who want the world to follow their wrong system I can't imagine how they last that long
The Elites shouldn't be so open about the truth. The deplorables could get a clue and come after them. Shhhh!
Before Americans begin fighting wars against China, Iran, Russia and the other BRICS countries, Make sure you are prepare for the civil war that is going to breakout amongst Americans when Donald Trump takes office, January 20th 2025. I think for over 75 years Americans have avoided fighting a civil war amongst themselves by fighting wars in Korea, Vietnam, Iraq, Afghanistan and Ukraine. There is real possibility that civil war could breakout amongst Americans during the second Trump Presidency.
Shocking
The Wall street oligarchs own the democrats too
First santa, now this.
DEI is now dead
AWESOME VIDEO❣️❣️❣️ Thanks❣️❣️❣️
https://youtu.be/R0lPWGlwPvk?si=jWljEwjV7Gy2EFPD
Thank you. Great knowledge to me.
For an eery and prophetic similarity to the current US right now and it's wealthy, and it's corporate oligarchy, a worthy watch is the 1927 Movie Metropolis
https://youtu.be/eNW9yo9IRBk?si=fbKVqSw3KueLHS5V
Pay particular attention to the wealthy and corporate status and their wealth and living environments versus the working class.
It doesn't matter who is president because the elite run America
Like that ceo doesn't either
I think Chomsky was still right that we should vote for the lesser of two evils then get back to community organising. In systems of great power small differences between politicians can have a great impact.
ALWAYS POINTING THE FINGER ABROARD, STATING BIGGEST POSSIBLE THREAT TO THE U.S!
TRUTH OF THE MATTER THE
10% WEALTHIEST OLIGARCHS
OWN 90% OF U.S WEALTH 50% U.S CITIZENS OWN 1% .
THIS ALONE IS WHAT THREATENS AMERICA MOST!
Everyone who lives there knows it, but nothing will ever change in the US.
State and city must want to cultivate arable land and distribute and supervise growth to maintain a healthy population.