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Blackrock.

M

Matov

Member
Country
England
Worlds largest asset management company. An organisation that Far-Right types like myself feel are behind a lot of the worlds woes, with that old silver-foil hat getting plenty of wearing when it comes to them. And so Starmer happily being photographed with the top bods, ringing massive alarm bells especially in light of the recent British farming issues.

Hence this tweet stream, from a person who is literally a sworn enemy of not only the Far-Right but also all other versions as well is fascinating....

https://twitter.com/x/status/1859716835165471050
 
If you look at the world of asset management it is a world full of very wealthy individuals and is a world were mostly Tory politicians have worked (Sunak for example) still work (JRM) or will get jobs when they move away from politics.
 
orpingtoneagle said:
If you look at the world of asset management it is a world full of very wealthy individuals and is a world were mostly Tory politicians have worked (Sunak for example) still work (JRM) or will get jobs when they move away from politics.
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I think this is a problem the left have.

They make good points that many in the DR agree with and have been saying for a long time themselves....namely that the wealth of the people is being gobbled up....this company being a leading example.

However, asset management isn't bad by its nature, just as farming isn't. Both are important for the functioning of society in different ways.....though obviously farming is essential to our very existence....with us having the ability to at least feed ourselves at a basic level being something that every government should view as fundamental.

You get the impression on the left that they just hate anyone who's rich.....whereas the argument from the right is more about the corruption and monopoly aspects.
 
Stirlingsays said:
I think this is a problem the left have.

They make good points that many in the DR agree with and have been saying for a long time themselves....namely that the wealth of the people is being gobbled up....this company being a leading example.

However, asset management isn't bad by its nature, just as farming isn't. Both are important for the functioning of society in different ways.....though obviously farming is essential to our very existence....with us having the ability to at least feed ourselves at a basic level being something that every government should view as fundamental.

You get the impression on the left that they just hate anyone who's rich.....whereas the argument from the right is more about the corruption and monopoly aspects.
Click to expand...

I was simply pointing out that a lot of Tory politicians have a background in or join asset managers or hedge funds. I don't see wealth management as a 'problem,' for the left and if you look back very early versions of wealth management emerged from the Co Operative and mutual models which whilst supported by the wealthy they were also supported by the wealthy industrialists like the Cadbury model in and around Bourneville.

Maybe where they do have an issue is with the current model used by a lot of these firms with complex and very opaque structures which are tax efficient to a level where they pay little tax across the globe

But they are a vital part of the world financial structure as they do (mostly) provide higher growth and higher returns than banks.
 
orpingtoneagle said:
I was simply pointing out that a lot of Tory politicians have a background in or join asset managers or hedge funds. I don't see wealth management as a 'problem,' for the left and if you look back very early versions of wealth management emerged from the Co Operative and mutual models which whilst supported by the wealthy they were also supported by the wealthy industrialists like the Cadbury model in and around Bourneville.

Maybe where they do have an issue is with the current model used by a lot of these firms with complex and very opaque structures which are tax efficient to a level where they pay little tax across the globe

But they are a vital part of the world financial structure as they do (mostly) provide higher growth and higher returns than banks.
Click to expand...

I think when it comes to the excesses there's common ground that exists on this topic.

Personally I think the extreme wealth class couldn't give a monkeys' about which political party is in power.....they influence and in most cases have brought a lot of them. I mean look at Blackrock itself, it's full of Democrat supporters and the corporates in the US nearly all funded Harris.....she had three times the funding of Trump.
 
Emmanuel Macron & Nigel Farage are also closely connected to big finance.

Surely it is a fact that 'big money', in Politics, is the very opposite to democracy.

Consider the little farmers & agricultural labourers from a little village in Nevada in the 1930s. Soon to be Steamrollered by big money & investment. And do not laugh, cos its also you in your country. Las Vegas natives learned the hard way.

en.wikipedia.org

Leprechaun economics - Wikipedia

en.wikipedia.org en.wikipedia.org
 
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Was Rachel Reeves an economist at Blackrock?

It is Starmer cosying up to the globals who attend Davos etc.

He has delusions of being a significant world figure, pathetic
 
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