Democratic presidential candidate Robert F. Kennedy Jr. held a campaign event on August 30, 2023, in the Brooklyn borough of New York City and said that "America is already an oligarchy", and that BlackRock, State Street Capital, and Vanguard “own collectively 85 percent of the S&P 500."
He also believes the war in Ukraine is “a money-laundering scheme” taking wealth out of the pockets of taxpayers and putting it into the coffers of Boeing, Raytheon, and Lockheed-Martin—which in turn “are owned by…BlackRock, State Street, and Vanguard.”
“We are not [supporting the war] to do a favor for the Ukrainian people,” he told the crowd, citing Senate minority leader Mitch McConnell’s assurance that “most of the money that’s been appropriated for Ukraine security assistance doesn’t actually go to Ukraine. It gets invested in American defense manufacturing.”
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