Host 2

I believe it was $12 trillion, over 90 million Americans have now no recourse if BlackRock goes into your 401k and takes all of your retirement.

Trump signed it.

private equity firms like BlackRock and the Carlisle Group, State Street, Vanguard, Blackstone.

I believe that this was an executive order.

It wasn't a bill.

Yeah, he did this by unilateral executive action, just much like the illegal war that he declared.

It's just like, well, Netanyahu said to do that.

So I'm being his favorite power bottom.

I'm going to have to do that.

And the same is true, obviously, with this private equity stuff.

And so you have Larry Fink, who obviously is the CEO of BlackRock.

Blackstone and BlackRock were together until they weren't.

They split.

One is like more real estate.

One is more whatever.

But they gave these firms access to your 401 .

You have no recourse if they take your 401 and run off and invest in some transhumanist thing or some weapons, munitions manufacturer or cryptocurrency.

They could go invest in some crypto scam

and lose it all.

And then you're like, well, yeah, but my retirement.