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
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.
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!!!
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.
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!
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?
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
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.
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.
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.
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?
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?...
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.