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Corporate Vaccine Mandates and Passports Brought to You by BlackRock and Vanguard, Trillionaire Asset Managers w/Ownership Stakes in the Largest Employers and the Top 3 Shareholders of All Vax Makers

From [DAVIDICKE] After the U.S. Supreme Court last month froze the Biden administration’s COVID-19 vaccine mandate for large private employers, some companies — including BoeingGeneral Electric and Starbucks — dropped plans to implement the mandate.

Others, based on guidance issued in 2020 by the Equal Employment Opportunity Commission, left the mandates in place.

Most of the large employers that opted to mandate COVID vaccines for their employees, even though the Supreme Court ruled they didn’t have to, have something in common: BlackRock and The Vanguard Group have ownership stakes in them.

BlackRock and Vanguard, two of the world’s “Big Three” asset managers, also are among the top three shareholders of COVID vaccine makers PfizerModerna and Johnson & Johnson — which means the two investment giants stand to benefit from these companies’ soaring profits and the resulting rise in those companies’ stock prices.

BlackRock and Vanguard don’t just benefit from sales of COVID vaccines. As it turns out, they also have ownership stakes in technology companies developing vaccine passports and digital wallets.

Combined, BlackRock and Vanguard manage more than $15 trillion in global assets.

To put this figure into perspective, that amounts to more than three-fourths of the U.S. gross domestic product (GDP) and more than triple the GDP of the European Union’s economic powerhouse, Germany.

BlackRock is the world’s largest asset manager, with more than $9.5 trillion in assets as of July 2021, while Vanguard held more than $7 trillion in assets as of January 2021.

Notably, Vanguard is the largest stockholder in BlackRock (7.61%), while BlackRock is the biggest stockholder in Vanguard (13.06%) — though the actual ownership structure of these companies has been described as “dark.”

In an August 2021 article about the two firms, Dr. Joseph Mercola pointed out that, far from the appearance of competition promised by capitalism, BlackRock and Vanguard own significant shares in companies that ostensibly compete directly with each other, such as Google, Apple and Microsoft, or Coca-Cola and PepsiCo.

This influence extends to the media. BlackRock alone owns significant sharesin supposed “competitors” such as Fox News, CBS, Comcast (NBC), CNN, Disney (ABC), Gannett (USA TODAY and 250 daily newspapers throughout the U.S.), Sinclair Media (whose television stations reach72% of the American public), and the Graham Media Group (Slate, Foreign Policy).