How Wall Street buys US elections: Blackstone funds Trump, BlackRock backs Biden

While BlackRock veterans run Joe Biden's Treasury, Donald Trump's presidential campaign is financed by Wall Street's highest-paid CEO, of Blackstone, the world's largest commercial landlord. Ben Norton explains how Wall Street investment companies, asset managers, and banks essentially buy US elections.

TOPICS
0:00 Wall Street always wins US elections
0:57 Blackstone CEO funds Trump
2:58 BlackRock backs Biden
3:48 BlackRock vs Blackstone - What's the difference?
7:30 Wall Street's highest paid CEO, Stephen Schwarzman
10:15 Oil & gas industry moguls fund Trump
10:53 Fossil fuel profits tripled under Biden
13:15 Oligarchs back fellow billionaire Trump
15:14 Biden promised: "Nothing would fundamentally change"
15:54 10% of Americans own 93% of stocks & 67% of all wealth
17:23 USA is not a democracy; it's an oligarchy
18:43 Wall Street funded Barack Obama
19:20 Wall Street funded Mitt Romney
20:07 US government represents Wall Street
21:54 BlackRock veterans run Biden's Treasury
25:08 Goldman Sachs veterans ran Trump's Treasury
27:16 Blackstone: the largest landlord in the US (& on Earth)
30:53 De-industrialization & financialization
32:25 Private equity destroyed Toys“R”Us
33:11 Private equity firms buy up retirement homes, hospitals, vets
34:53 2008 crisis & subprime mortgages
37:22 Financial parasites
38:39 Outro