This phenomenon has become apparent more recently, or at least over the past few decades. I’m referring to the existence of a detectable relationship between stupidity in decision-making and how it appears to rise once the acquisition of money by certain people and companies reaches some critical mass, for lack of a better explanation.

Explanation:
I wasn’t around when the founding fathers were laying out their plans for the country. Even so, I’ve still not detected any flaws in their original design and 246 years have gone by. This is not the case though for people born more recently in America. People who during their lifetimes have acquired enormous wealth. I want to talk about one of these people, his name is Larry Fink and he’s one of the founders of the largest money management firm, known as Blackrock. People like Larry, and he’s not the only one out there, will tend to stand for things that lack reality and/or are destructive in that they do not serve the public interest. But yet these selfish motives/policies were not the way that these particular people got where they are today. Over time they developed some seriously flawed motives and styles of doing business that emerged only once they had reached some pinnacle of success, [I’m thinking an inverse relationship exists here].

As mentioned, several people in prominent business and government positions can make really bad decisions, decisions that are harmful to the country, the economy, and even to their own families. But yet, they seem to walk around like they’re the last to be told they have no clothes on? It takes a good while before finally someone will call a person like this out for what they’re doing, messing up, and/or believe in. So it takes a while before their insanity is finally debunked. Why is that? Maybe because they hold powerful positions and even though someone within the organization disagrees with their newfound stupidity, they fear calling them out on it personally because they don’t want to lose their own job. So they’re good with watching the ship sink instead… how sick is this? However, this argument seems to be the most logical view of things going on inside some firms today.

Specific decisions and ways of doing business for Blackrock, my example here, is for one, their operational insistence/stance on this thing known as Environmental and Social Governance, or ESG investing. The emphasis over the past decade in shaming public corporations that could not meet some woke leftist ideal of environmental standard to avoid fictitious “climate change”. [Larry has Blackrock do this.] In cases such as these company stocks are shamed, ignored and purposely left out of the [bully] portfolios that Blackrock creates and recommends to its investing public. Here’s another example, the idea of leading a large organization like Blackrock while declaring a solid commitment to invest large amounts of American resources into a Communist Regime, that of China. Is that because Larry loves the United States? Do you think Larry has thought one iota about what Xi’s Communist regime has been involved in over the years? Endless human rights violations, foreign espionage and plots to take over territories and eventually the world. But wait, China is a solid investment, the best out there according to Blackrock’s Larry Fink. Larry doesn’t care if China kills innocent people or would want to nuke us, Larry is more focused on talking about fake “climate change” in this particular video. While at the same time, investing tons of his company’s resources into the largest polluter of our atmosphere and seas, once again we’re talking about Communist China. The hypocrisy is 24/7 and frankly mind-blowing coming from these Democrats.

“Houston, we have a problem”, the problem is with people like Larry Fink. Squawk Box calls him out on this subject in the 7-minute video below. Larry Fink is attempting to improperly influence the decisions of major corporations and hence the stock prices of companies should they push back on his corporate policing of “climate change”, resulting in the stocks of these shamed companies failing to receive support. This is known as meddling in the affairs of key management decision-making, what we refer to as “activist investing”. It’s essentially Bullying 101, and it’s dangerous! I will make sure that I cleanse any Blackrock product from my portfolios going forward… this person is a new kind of despicable…