The two largest institutions in the US have $53 trillion dollars of assets which are wielded with zero democratic oversight.

by RebornAsBear

Here is the approximate dollar power each of these largest institutions has:

State Street ($28 trillion Assets under Administration): https://en.wikipedia.org/wiki/State_Street_Corporation

JP Morgan Chase ($25 trillion AUA): https://en.wikipedia.org/wiki/JPMorgan_Chase

Northern Trust ($11 trillion AUA): https://www.northerntrust.com/europe/pr/2019/northern-trust-appointed-by-introspect-for-custody-and-brokerage

Blackrock ($7.4 trillion AUA): https://en.wikipedia.org/wiki/BlackRock

Vanguard ($6 trillion AUA): https://about.vanguard.com/who-we-are/fast-facts/

Fidelity ($6.6 trillion AUA): https://www.pionline.com/article/20190221/ONLINE/190229952/fidelity-sees-record-revenue-operating-income-despite-dip-in-aum

Charles Schwab ($4 trillion AUA): https://www.brokerage-review.com/investing-firm/assets-under-management/charles-schwab-aum.aspx

Bank of America ($2.5 trillion AUA): http://investor.bankofamerica.com/news-releases/news-release-details/bank-america-shareholders-approve-merrill-lynch-purchase#fbid=J18oG-Gz92P

To give this some perspective the US Gov. spent $4.45 trillion in 2019, with the majority of this money going to the companies that these banks own.

Look at the Top Shareholders for the largest companies in the US, it is always this same list of banks. This position gives total control over the company.

The companies all have different names but the owners are the same and they all lawfully meet in secret during “Board of Directors Meetings”. They basically won the game Monopoly and control all spaces on the board.

Click as many links as you can:

Google: https://finance.yahoo.com/quote/GOOG/holders?p=GOOG&.tsrc=fin-srch

Facebook: https://finance.yahoo.com/quote/FB/holders?p=FB&.tsrc=fin-srch

Amazon: https://finance.yahoo.com/quote/AMZN/holders?p=AMZN&.tsrc=fin-srch

Apple: https://finance.yahoo.com/quote/AAPL/holders/

Home Depot: https://finance.yahoo.com/quote/HD/holders?p=HD&.tsrc=fin-srch

Visa: https://finance.yahoo.com/quote/V/holders?p=V&.tsrc=fin-srch

Johnson and Johnson: https://finance.yahoo.com/quote/JNJ/holders?p=JNJ&.tsrc=fin-srch

Microsoft: https://finance.yahoo.com/quote/MSFT/holders?p=MSFT&.tsrc=fin-srch

Pfizer: https://finance.yahoo.com/quote/PFE/holders?p=PFE&.tsrc=fin-srch

Proctor and Gamble: https://finance.yahoo.com/quote/PG/holders?p=PG&.tsrc=fin-srch

UnitedHealth: https://money.cnn.com/quote/shareholders/shareholders.html?symb=UNH&subView=institutional

McKesson Health Care: https://money.cnn.com/quote/shareholders/shareholders.html?symb=MCK&subView=institutional

Anthem Health Insurance: https://money.cnn.com/quote/shareholders/shareholders.html?symb=ANTM&subView=institutional

Cigna Health Insurance: https://finance.yahoo.com/quote/CI/holders/

Intel: https://finance.yahoo.com/quote/INTC/holders?p=INTC&.tsrc=fin-srch

Coca-Cola: https://finance.yahoo.com/quote/KO/holders?p=KO&.tsrc=fin-srch

Pepsi: https://finance.yahoo.com/quote/PEP/holders?p=PEP&.tsrc=fin-srch

Boeing: https://finance.yahoo.com/quote/BA/holders?p=BA&.tsrc=fin-srch

McDonalds: https://finance.yahoo.com/quote/MCD/holders?p=MCD&.tsrc=fin-srch

Nvidia: https://finance.yahoo.com/quote/NVDA/holders?p=NVDA&.tsrc=fin-srch

United Technologies: https://finance.yahoo.com/quote/UTX/holders?p=UTX&.tsrc=fin-srch

Texas Instruments: https://finance.yahoo.com/quote/TXN/holders?p=TXN&.tsrc=fin-srch

QUALCOMM: https://finance.yahoo.com/quote/QCOM/holders?p=QCOM&.tsrc=fin-srch

Disney – ABC, Fox News, Fox: https://finance.yahoo.com/quote/DIS/holders?p=DIS&.tsrc=fin-srch

AT&T – CNN: https://finance.yahoo.com/quote/T/holders?p=T&.tsrc=fin-srch

Viacom – CBS, Comedy Central: https://money.cnn.com/quote/shareholders/shareholders.html?symb=VIAC&subView=institutional

Comcast – NBC, MSNBC, CNBC, Sky: https://money.cnn.com/quote/shareholders/shareholders.html?symb=CMCSA&subView=institutional

Read again: Our government and the rest of us have to borrow all newly created money from these private banks. These private banks get first access to the Federal Reserve’s newly created money at the cheapest interest rates since they are “Member Banks”. Only after these private banks borrow the newly created money are we allowed to borrow it from them.

This is written in law in the Federal Reserve act of 1913.

Then the only place to spend this created money is at the companies the banks own. This is the definition of Serfdom. We are all Serfs whether you want to believe it or not.

 

 

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