tag:blogger.com,1999:blog-53246864840716464.post2315278857149712968..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Head of World's Largest Asset Manager: "Markets Like Totalitarian Governments"Unknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-53246864840716464.post-59638705956426084672011-04-07T07:11:56.990-07:002011-04-07T07:11:56.990-07:00black rock blue rock green rock block block leave ...black rock blue rock green rock block block leave lass no lass black rock orange rock gig.antic atlantic boom gloom boom black rock <br /><br />I would love a more peasantry kind of existence with less uncertainty black rock gigantic rock black pebbles and black sand.patriciadonovanhttps://www.blogger.com/profile/15655544037518619379noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-70429816885389793462011-03-05T10:09:43.421-08:002011-03-05T10:09:43.421-08:00Bloomberg only broadcasts news that projects its o...Bloomberg only broadcasts news that projects its own agenda while disregarding real issues, thus nothing new about "Markets like totalitarian governments." <br /><br />The sooner the American economy collapses the better, since people in this country will finally learn NOT to live beyond their means. Perhaps they will also start educating themselves about electing representatives who have integrity and reject the ones who appeal to tons of humbug about the Constitution and other patriotic nonsense - an easy way to access to power and make lots of money.Anonymoushttps://www.blogger.com/profile/04133761784688104805noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-48380287187922723262011-03-05T01:02:57.115-08:002011-03-05T01:02:57.115-08:00Well, there you have it right from the horse’s mou...Well, there you have it right from the horse’s mouth. <br /><br />There is nothing noble or inspiring coming from Mr. Fink and his commitment to his fiduciary responsibilities to his clients and no; he is not above investing in Totalitarian countries with American pension funds. He likes the stability of a strong Totalitarian hand ruling with impunity.<br /><br />Mr. Fink did not say it but “emerging markets” like Communist China is where he is investing, not in the United States which is being systematically dismantled.<br /><br />Mr. Fink thinks that the Democracy uprising in China is a danger and a threat that is caused by minorities and Muslim troublemakers. He dismisses the Democracy movement in the Middle East and Africa as “dirty and messy” but acknowledged that it is not really a threat to the oil supply but an “uncertainty.” <br /><br />He also acknowledged that the price of oil is not set by supply and demand but by a “risk premium” that is priced in by the speculators (which he is). He sees oil going to $150 to $200 a barrel “managed over a period of time”. I am sure he, the banksters and Big Oil are going to make billions like they did the last time they spiked the oil price. It is their fiduciary responsibility to do it even if it strangles the last life from the economy. As Flip Wilson would say “The Devil made me do it”!<br /><br />As strange as it may seem, Mr. Fink likes the dollar value and thinks that inflation is not a problem and that the end of QE2 in June is already priced in. Of course, he also thinks that European banking is undercapitalized and needs more money.<br /><br />The future of America looks mighty grime with leaders like Mr. Fink and his American Trillions leading the way to our ruin instead of investing and rebuilding America.windcatcherhttps://www.blogger.com/profile/01472629221573977747noreply@blogger.com