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.
BlackRock Wins
Opinions, art, debate
Opinions, art, debate
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.
Clarissa's Blog 
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.
LikeLike
So… does “not Chinese” automatically = good? I’m confused.
LikeLike
If this is the American control over the Panama Canal that we were promised, I’m not sure it’s the kind I wanted.
LikeLiked by 1 person
Yeah. Whoop whoop, they gave it to evil that avoids taxes on our own soil instead of foreign evil.
LikeLiked by 1 person
I’m not very happy right now. Let’s see what tonight’s speech brings. I really want to remain positive.
LikeLiked by 1 person
Admin in bed with Blackrock is basically a defeat of the voting populace.
LikeLiked by 1 person
I don’t want to believe this but can you imagine? This does not bode well.
LikeLike
Bummer. There was room for optimism, for a while there.
Now back to our regularly scheduled cruise toward either civil war, or neoliberal feudalism and digital serfdom. Wheee
LikeLiked by 1 person
Ugh.
LikeLike
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
LikeLike
Can anybody help the reader out and bring some links about BlackRock? I’m wiped out right now.
LikeLike
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/
LikeLike
It is also hoovering up all the single family homes in america to create a permanent class of renters who can never afford to buy.
LikeLiked by 1 person
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.
LikeLike
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
LikeLiked by 1 person
I’ll write about this more in detail soon. It’s an important topic that we should be discussing.
LikeLike
It’s very important. It’s probably the most fundamental difference in how infrastructure is financed in a capitalist vs. a socialist society.
LikeLike
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*.
https://www.wsj.com/articles/fed-hires-blackrock-to-help-calm-markets-its-etf-business-wins-big-11600450267
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.
LikeLiked by 1 person
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
LikeLike
Surely there are more options in the world than China or Blackrock. There is nothing to like about either of those entities.
LikeLike
“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
LikeLike