A new undercover video released by the O’Keefe Media Group shows a BlackRock recruiter bragging about how financial firms are able to “buy politicians” and influence elections. He also bragged about how easy it is to profit from the war in Ukraine, adding that the war is “good for business.”
“They don’t wanna be in the news,” BlackRock recruiter Serge Varlay said of the firm. “They don’t want people to talk about them, they don’t want to be anywhere on the radar.”
When asked why, Varlay said, “I suspect it’s easier to do things when people aren’t thinking about it.”
Varlay later told the undercover reporter that he works for BlackRock. “Let me tell you, it’s not who the president is – it’s who controls the wallet of the president,” Varlay boasted. “And who’s that?” the reporter asked. “The hedge funds, BlackRock, the banks; these guys run the world.”
“Campaign financing. Yup, you can buy your candidates,” he went on to say before describing how “easy” it is to “buy a senator.”
“First there’s the senators. These guys are f***ing cheap. You got 10 grand? You can buy a senator.”
The BlackRock employee went on to describe how the war in Ukraine — which has killed over 200,000 people — is “good” for business. “Ukraine is good for business, you know that right? We don’t want the conflict to end,” Varlay explained. “We don’t want the conflict to end, as a country. The longer this goes on, the weaker Russia is.”
“I’ll give you an example; Russia blows up Ukraine’s grain silos and the price of wheat is going to go mad up. So what are you gonna do if you’re a trading firm? The moment that news hits, within a milisecond, you’re gonna pump trades into whoever the wheat suppliers are.”
Varlay continued to boast about how easy it is for firms to profit from the war in Ukraine. “The Ukrainian economy is tied very largely to the wheat market, global wheat market. This is fantastic if you’re trading,” he continued. “Volatility creates opportunity to make profit. War is really f***ing for business.”
During one of the meetings, Varlay asked if the person he was meeting with was an undercover reporter, remarking that “normal people don’t give a s**t about this.”
“This is beyond them,” the BlackRock recruiter declared.