Blackrock is powered by out tax dollars and retirement contributions already. They are hip-to-hip with .gov
They might only be worth 1/4 of a Trillion Dollars, but
they control nearly 10 Trillion Dollars.
The biggest employer in the US, the US Federal Government, every single federal worker retirement dollar is invested with Blackrock via TSP. That is 3/4 of a TRILLION right there. This is common knowledge to any Fed or former Fed who still has a TSP account.
Blackrock is THE definition of Too Big To Fail. Progressive stalwart Elizabeth Warren even said so publicly just 3 months ago!!! Warren wants BlackRock designated too big to fail:
https://www.cnbc.com/2021/03/24/yell...g-to-fail.html (Warren wanted Blackrock regulated because they were too big to fail... but that didn't happen)
If you have the most powerful politicians in the country, including ones who are supposedly defenders of downtrodden, publicly saying that a giant investment company "is too big to fail,"
before any apparent failure is imminent, then that company might just start thinking they can act with even less moral guidance than usual in the pursuit of profit (like mass purchasing houses) while also undertaking greater risk of failing because Uncle Sugar will be there for the bailout! #ThisIsNotCapitalism