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[–]smokeDrugs 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Do Blackrock and Vanguard really own all of these companies, or do their investors? Their investors are people who give their monies to money managers/investment managers at Blackrock and Vanguard.

BlackRock currently boasts more than $20 trillion in investments

BlackRock is not a 20 trillion dollar company. Apple is valued at 2.4 trillion. BalckRock is not the biggest company in the US, by revenue or market cap.

https://companiesmarketcap.com/usa/largest-companies-in-the-usa-by-market-cap/

[–]HPFL 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

overreaching regulations

This is what lefties just don’t get. It costs money to enforce these regulations, and all that money adds up. This is how they allowed family farms and small businesses to go under.