No Bailout for BlackRock!

Jerome Powell: Don’t let BlackRock use taxpayer money to bailout weapon companies

The world’s largest investor in weapons and oil companies, BlackRock, has been tapped by the U.S. Federal Reserve to help bailout the U.S. economy during the global pandemic. BlackRock promotes a roughly 3 billion dollar defense fund locked and loaded full of weapons made by Lockheed Martin, General Dynamics, Raytheon, Northrop Grumman, and Boeing defense. BlackRock and weapon companies stand to benefit from the current economic crisis


BlackRock is the top investor in weapons manufacturers such as Lockheed Martin, Boeing, Raytheon, Northrop Grumman, and General Dynamics. The weapons from these companies are used in military strikes around the world, resulting in the deaths of innocent civilians and the destruction of the environment. These companies lie at the brutal heart of the military-industrial complex. In supporting them, BlackRock and its shareholders are making huge profits off of global suffering. We cannot allow BlackRock to continue to go unchallenged about its war profiteering.

BlackRock has been described as the world’s largest shadow bank. BlackRock maintains significant stakes in weapons companies such as General Dynamics, General Dynamics is a prime example of a company profiting from those who are suffering. The military contractor has taken a government contract to provide “social services” to migrant children held at U.S. detention camps

BlackRock puts profit before human rights. It is unconscionable that the Feds hired a company that does business with the murderous Crown Prince of Saudi Arabia, who is responsible for leading a war on Yemen, imprisoning women’s rights activists, and ordering the murder of Washington Post columnist Jamal Khashoggi. Additionally, BlackRock is back-peddling on its climate change commitment to hold companies to account if sustainable goals are not disclosed. Instead of the U.S. government granting BlackRock a seat at the bailout table, a long-term plan needs to be crafted to build a green and peaceful economy. Average Americans are struggling and speaking out about how the government is choosing “money over morality.”  

BlackRock is taking advantage of world economies suffering from the outcomes of the coronavirus to further consolidate their global power. Not only is BlackRock working with the Feds, but it is also helping the Bank of Canada with its bailout. Even the President of Mexico, Andres Manuel Lopez Obrador, had to get in on the action. He tweeted a photo of BlackRock CEO Larry Fink appearing on videoconference. Most recently, BlackRock won a contract to help the European Union develop new environmental guidelines for banks—this choice has our heads spinning because BlackRock is the largest financier of unclean energy in the world. WTF!

BlackRock stands to benefit from the current economic crisis. Even though the Feds made a poor decision in putting BlackRock at the helm of three U.S bailout programs, we can still demand that our taxpayer money be used to bail out the people and not the weapon and oil companies.

Sincerely,

BlackRock is the top investor in weapons manufacturers such as Lockheed Martin, Boeing, Raytheon, Northrop Grumman, and General Dynamics. The weapons from these companies are used in military strikes around the world, resulting in the deaths of innocent civilians and the destruction of the environment. These companies lie at the brutal heart of the military-industrial complex. In supporting them, BlackRock and its shareholders are making huge profits off of global suffering. We cannot allow BlackRock to continue to go unchallenged about its war profiteering.

BlackRock has been described as the world’s largest shadow bank. BlackRock maintains significant stakes in weapons companies such as General Dynamics, General Dynamics is a prime example of a company profiting from those who are suffering. The military contractor has taken a government contract to provide “social services” to migrant children held at U.S. detention camps

BlackRock puts profit before human rights. It is unconscionable that the Feds hired a company that does business with the murderous Crown Prince of Saudi Arabia, who is responsible for leading a war on Yemen, imprisoning women’s rights activists, and ordering the murder of Washington Post columnist Jamal Khashoggi. Additionally, BlackRock is back-peddling on its climate change commitment to hold companies to account if sustainable goals are not disclosed. Instead of the U.S. government granting BlackRock a seat at the bailout table, a long-term plan needs to be crafted to build a green and peaceful economy. Average Americans are struggling and speaking out about how the government is choosing “money over morality.”  

BlackRock is taking advantage of world economies suffering from the outcomes of the coronavirus to further consolidate their global power. Not only is BlackRock working with the Feds, but it is also helping the Bank of Canada with its bailout. Even the President of Mexico, Andres Manuel Lopez Obrador, had to get in on the action. He tweeted a photo of BlackRock CEO Larry Fink appearing on videoconference. Most recently, BlackRock won a contract to help the European Union develop new environmental guidelines for banks—this choice has our heads spinning because BlackRock is the largest financier of unclean energy in the world. WTF!

BlackRock stands to benefit from the current economic crisis. Even though the Feds made a poor decision in putting BlackRock at the helm of three U.S bailout programs, we can still demand that our taxpayer money be used to bail out the people and not the weapon and oil companies.

Sincerely,

Will you sign?

//
3,564

people already signed

Who's signing:

  • Giac signed 10 days ago

  • Elizabeth signed 11 days ago

  • Kraig and Valerie signed 11 days ago

  • Alomar signed 29 days ago

  • Aurora signed 55 days ago

  • Cyndra signed 57 days ago

  • Ruba signed 58 days ago

  • Bret signed 58 days ago

  • Melissa signed 59 days ago

  • Matt signed 61 days ago

  • Madeleine signed 66 days ago

  • paula signed 69 days ago

  • Gwen signed 72 days ago

  • Barry signed 74 days ago

  • Edwina signed 74 days ago

  • annalisa signed 75 days ago

  • Mary signed 75 days ago

  • Tom signed 76 days ago

  • Sholey signed 76 days ago

  • Brent Hepner signed 76 days ago

  • Bekah signed 76 days ago

  • Gwenna signed 76 days ago

  • Nancy signed 76 days ago

  • Mahmoud signed 76 days ago

  • Charles signed 76 days ago

  • Susan signed 76 days ago

  • Susan signed 76 days ago

  • Susan signed 77 days ago

  • Kimberly Shaub signed 77 days ago

  • Alexistori signed 77 days ago