BlackRock just bought two ports on both sides of the Panama Canal. And 40+ more ports in 23 countries.
Or are we on BlackRock’s side now? Just in case I missed the most recent directive.
21 responses to “BlackRock Wins”
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You recently wrote that it would be bad if China controlled the Panama Canal. I looked BlackRock up and they are American, which seems preferable to some alternatives? You seem unhappy, which I’m having trouble understanding.
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Ugh.
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What were you hoping for with regard to control of Panama Canal.?To me, American multinational corporations, while not exactly good or flawless, are better than Chinese government. I’d be open to being convinced otherwise, I suppose. From earlier writing on this blog, it sounds like you thought that the status quo was headed in a bad direction. Is this making things worse?
-YZ
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Can anybody help the reader out and bring some links about BlackRock? I’m wiped out right now.
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Here’s something I just came across about how BlackRock is ramming wokeness down companies’ throats:
https://www.nationalreview.com/2025/03/driving-a-stake-through-stakeholder-capitalism/
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The reason why companies put up diversity statements and pride flags is often BlackRock. Imagine how easy it will be to these woke obsessed bastards to cut our access to everything if we depart from their ideology.
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BlackRock is mostly a pension fund.They have to be sensitive to political considerations such as wokeness, but just as important are the opinions of their investors, who are mostly regular people.
https://www.ft.com/content/c8edbf46-5053-49f0-a061-1619d3598c57
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Blackrock and its ilk are a big chunk of why median America can’t buy a house anymore.
https://slate.com/business/2021/06/blackrock-invitation-houses-investment-firms-real-estate.html
Oh, and they also get to suck at the FED teat and borrow money at below actual inflation rates, so they get to buy up all the affordable housing *with my money*.
They aren’t a company. They’re an unelected, uncontrolled, arm of the government, that works solely for the good of the obscenely wealthy, against the interests of people of ordinary means.
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Thank you for this information. I did not know it and it all seems bad. Do you think that Blackrock owning the ports is worse than China controlling them? Is there a plausible alternative scenario that you would have been happy to see?
-YZ
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Surely there are more options in the world than China or Blackrock. There is nothing to like about either of those entities.
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“Surely there are more options in the world than China or Blackrock.”
I don’t know what they are. And don’t know enough to imagine what they might be. So I’m stuck deciding between what I see as real options, rather than having a plausible alternative that I could hope for or support.
-YZ
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A conservative literary critic and college professor
Clarissa's Blog 
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