Don’t be cannon fodder for Fidelity and Blackrock with Zach Abraham . . . and speaking of the narcissism of The Party, here are some ways to help us deal with our Country being run by malignant narcissists A 23% loss for retirees!? Did you give Blackrock permission to use YOUR money to fund their Culture War against Americans? Zach Abraham joins. How does
Fidelity announce a 23% loss for retirees and see no demands from accountability for the managers of that company? Zach Abraham tells us about that and more on the way the big firms operate. Many of the c-suite insiders in Big Finance view the retirement accounts of the non-rich as cannon fodder to insulate the big firms and the c-suite from losses--that’s one reason there are no alarms going off. Another reason for the placid calm, is they are “too big to fail”; for instance,
Blackrock, State Street and Vanguard are using your money to fight their culture war against you. Still, these firms are not immune to public pressure.
Vanguard’s PR people want to make people believe they have dropped out of the ESG cult. If it’s not Zach and Bulwark, I suggest you find a non-mobbed-up firm to help steward your money, rather than companies like Fidelity.
What does God say? Hebrews 13:5 Keep your life free from love of money, and be content with what you have, for he has said, “I will never leave you nor forsake you.”
Colossians 3:5 Put to death therefore what is earthly in you: sexual immorality, impurity, passion, evil desire, and covetousness, which is idolatry.
Luke 12:15 And he said to them, “Take care, and be on your guard against all covetousness, for one's life does not consist in the abundance of his possessions.”
1 Timothy 6:10 For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs
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