What's Going on With BlackRock State Street Vanguard?

California has the largest pension fund system in the country. CalPERS uses its money to get Black Rock and State Street and Vanguard to then implement that through the private sector for the rest of the country. We see that pattern time and again, which is why every American citizen should absolutely pay attention to what is happening in Western Europe because it's going to find its way into the U.S.