Click here to view original web page at thefederalist.com
Management’s offer would not allow the miners’ pay to keep pace with the inflation their allies are causing while these elites profit big from these blue-collar workers’ labor.
On Nov. 4, New York City police arrested a group of coal miners peacefully protesting outside the Manhattan headquarters of BlackRock, the biggest financial asset manager in the United States. The demonstrators were there because of a bitter strike by the United Mine Workers of America (UMWA) that began last April against Warrior Met Coal, Inc., which mines non-thermal metallurgical, or “met,” coal in Brookwood, Alabama.
Warrior Met is a leading U.S.-based producer and exporter of met coal. It describes itself as an “environmentally and socially minded supplier to the global steel industry.”
BlackRock holds a roughly 14 percent stake in Warrior Met , making it one of the major shareholders in the company. (Other large asset managers, including Vanguard and Fidelity, also own large blocks of Warrior Met stock ). The demonstrating miners targeted BlackRock, along with other large institutional owners of Warrior Met, because its holdings in the company give it the leverage to force management to end the strike, which management has so far shown no signs of wanting to do.
The arrest of the Alabama coal miners outside BlackRock’s headquarters is a parable of contemporary America. Here’s why. Why Blackrock Matters
Although hardly a household name, BlackRock is among the top five owners in almost every major global company. Thus, it holds one of the top five voting blocs of shares in each of those companies.
BlackRock has shown no hesitation in muscling corporate management in the past. Its CEO and founder Larry Fink issues a letter every year to the CEOs of corporate America, laying down the instructions he expects them to follow.
Christian-Driven America-First Precious Metals.
Before markets collapse, the smart play is to move wealth or retirement to precious metals. Contact Genesis Gold now to make it happen smoothly with no hassles from a group driven by fellowship.
When Fink speaks, corporate America listens. For example, massive oil producer Exxon is considering dropping several drilling projects after BlackRock forced out Exxon board members and installed new ones in their place. If BlackRock can roll Exxon, it can roll Warrior Met. Why the Strike?
The main objectives of the strike are to recover some of what the UNMA […]
Click here to view original web page at thefederalist.com
Yes, We Need Your Help
I hate being “that guy” who asks people to donate because I think our conservative news network is so crucial, but here I am…
When I left my cushy corporate job in 2017, I did so knowing that my family would have to make sacrifices. But I couldn’t continue to watch the nation slip into oblivion and was inspired by President Trump’s willingness to fight the good fight even at his own personal expense. What I didn’t realize then is that conservative media would be so heavily attacked, canceled, and defunded that the sacrifices would be extreme.
Many in this nation are struggling right now even though we weren’t struggling just a few years ago. I’m not alone. But I wake up every morning and operate the sites we’ve been able to build because there’s really no other choice. I refuse to be beholden to Big Tech like so many other conservative news outlets, which is why you won’t see Google ads here. With that said, it’s often challenging to pay the bills and it’s even harder to expand so we can get the America First message out to a wider audience.
The economic downturn has forced me to make a plea for help. Between cancel culture, lockdowns, and diminishing ad revenue, we need financial assistance in order to continue to spread the truth. We ask all who have the means, please donate through our Giving Fuel. Your generosity is what keeps these sites running and allows us to expand our reach so the truth can get to the masses. We’ve had great success in growing but we know we can do more with your assistance.
We currently operate:
- NOQ Report
- Conservative Playlist
- Uncanceled News
- Based Underground
- Five other conservative news sites
I would even be willing to entertain investments and partnerships at this stage. I’ve turned them down in the past because editorial purity is extremely important. I’ll turn them down again if anyone wants us to start supporting RINOs or avoid “taboo” topics like voter fraud, vaccines, or transgender supremacy. But I’d talk to fellow America First patriots who want to help any (or all) of our 10 news sites. Hit me up at jdrucker (at) substack (dot) com if you’re interested.
For those who have the means and just want to help keep the mission of spreading a conservative, Christian message to the nation, please consider a generous donation.