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Blackrock CEO : as a billionaire i think the only way to shore up retirement and social security is for people to work into their 70s Press : so there’s no other option Billionaire : none that comes to mind
A solution to the retirement crisis? Americans should work for more years, BlackRock CEO sayswww.cbsnews.com BlackRock CEO Larry Fink said that longer life expectancies are "putting the U.S. retirement system under immense strain."
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The octogenarians hunger for the walmart greeter jobs
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Blackrock needs to be forcibly seized & its assets given away to every single person they've fucked over - so basically split it amongst EVERYONE in the world b/c Blackrock has fucked everyone in the world w/ their bullshit. Literally.
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Can we toss McKinsey into the stew?
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Worst food additive since PFAs
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We made the mistake of helping these fukkers off the floor in 2008. Should have swept them into the dustbin instead. Next time...
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and they’re convinced that it was their own efforts that saved them
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Oh, I don't think so. They KNOW that they survived at OUR expense. And they are LAUGHING about it, because they know that if shit happens, they will do it again. As for us, we bend over, and yell BOHICA!!!
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I mean, my dad is still working full time as a construction project manager and he’s almost 67. No plans for retirement anytime soon. It’s just not feasible. But he’s hella healthy. Rides his bike almost every morning, bp and cholesterol in good range. Just wish he could enjoy himself more.
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To be clear I’m not agreeing or defending working into your 70s like that. It’s fucking shitty. I’m so glad my parents have had the good fortune to generally have good health but it shouldn’t depend on that!
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And my mom “retired” a while ago(aka: couldn’t find a place to hire a surg tech in their 60’s).
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we’re all trying to find the guy who did this dot jpeg
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Another one that should be blasted off planet
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"Look, we need to gobble up your children's futures. How can we do that if they have any kind of security?"
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I would love to see Mr. Fink busing tables at the age of 69. How about roofing a house? Building a fence? Framing a building? What a superb arsehole he is. Has he EVER worked for his paycheck? Or just swindled others to "earn" the easy living?
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and it’s difficult to impossible to get hired for white collar jobs in your 50’s. Fink doesn’t want people to work until they’re 70, he wants people to be destitute before they’re 70
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I am sure of that. Why is Mr. Fink wasting our oxygen?
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People already do work into their 70's. Alot of us!!!
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Just gonna leave this here:
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Press : so there’s no other option Billionaire : none that comes to mind Press : Well, we can't think of anyone else to ask, but we're sure you must be right. Your rich white guy credentials are impeccable.
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I hate to be That Grandma, but "Fuck Larry Fink" has a ring to it, and would also be an excellent bumper sticker.
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I can't imagine the pain billionaires must feel when they see all that money locked up in retirement funds and it's not theirs. I can guarantee you that they will get access to that money in one way or the other.
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Pretty sure I’ll never be able to retire. 1) Everything costs too much NOW for me to be able to save, and 2) even if I could save, it’ll cost so much more THEN to be able to retire anyway.
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Hilarious. He tries to cover it by saying no one should work longer than they want to. huh? does he think 90% of America is working because they love it?
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The Billionaires are going full on permanent labour with the help of red states and Christian Nationalism. Only they and their fellow plutocrats get to retire. Blackrock takes poor people's money to invest and gives them pennies in return. Fuck Blackrock/Vanguard youtu.be/1n4zkdfKUAE?...
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Wait, isn't that the same asshat who said the decline in people having kids was bad because it'd give workers more leverage to demand better wages?
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Billionaires: 'You should keep working yourself to death, what retirement?' Meanwhile also billionaires: Space tourism
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I think he should play in front of moving wheat threshers
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For the last time: longer life expectancy =/= more years to work. It means more time to *not* work, damn it!
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Jamie Dimon, after receiving a huge bailout from Obama for the 2008 financial crisis, said people need to expect less. Not him or JPMorgan. Us. We need to expect less financial assistance from our government.