Posted on 07/01/2022 1:11:55 AM PDT by weston
Amen. Thank you.
Good morning , Gran. You are welcome. Too hot. Take care.
Good morning , Jane. You are welcome.
Good morning, Gran!
That temp is too hot, for your neck of the woods. Hope you get some rain, soon.
We’re STILL waiting for some, here đ„”
Apropo of nothing: yesterday a place on my nose was very tender and bothering. Sadly, it was the exact spot that had some pre-cancerous cells. Since those had been removed, I’ve, nevertheless, been watching that spot very carefully. The irritation yesterday kept escalating. Then, last night, a spot on my eyelid, same side, began itching and I thought, great poison ivy! Again! A few more places this AM and now I’ve realized — that spot on my nose, too!
I’ve never been glad for JUST poison ivy before.
https://finance.yahoo.com/news/u-weekly-jobless-claims-hit-124929678.html
U.S. weekly jobless claims hit fresh 8-month high
Initial claims for state unemployment benefits rose 7,000 to a seasonally adjusted 251,000 for the week ended July 16 from a unrevised 244,000 a week earlier, the Labor Department said on Thursday. Economists polled by Reuters had forecast 240,000 applications for the latest week.
The Rasmussen Reports daily Presidential Tracking Poll, sponsored by Miranda Devine’s LAPTOP FROM HELL for Thursday shows that 36% of Likely U.S. Voters approve of President Bidenâs job performance. Sixty-one percent (61%) disapprove.
Good morning, Jane!
EXCLUSIVE: Viva Frei Reports from the Bannon Trial | Day 3
https://rumble.com/v1d1sh1-exclusive-viva-frei-reports-from-the-bannon-trial-day-3.html
Hypothetically, if Trump won in 2024 with 75% of the popular vote, would Democrats accept that outcome or suspect something was fishy?
I'm sure they would trust the outcome so long as the courts refused to accept cases based on reasons unrelated to the claims.â Scott Adams (@ScottAdamsSays) July 21, 2022
I love this guy!
Biden tested positive for COVID.
Good!
Rusty got the scoop!
zerohedge
@zerohedge
·
6m
*US PRESIDENT BIDEN TESTS POSITIVE FOR COVID-19: WHITE HOUSE
____________________________________________________________
Your retirement fund could shrink due to Biden administrationâs pressure for ESG standards
ESG funds have badly underperformed the market, including the very sectors they shunned: oil, gas and coal. But now Joe Biden is coming to their rescue by changing the rules, pressuring the managers of Americaâs retirement funds to double down on ESG. (ESG stands for âEnvironmental, Social, and Governanceâ standards favored by progressives).
Itâs been called âBidenâs ESG Tax on Your Retirement Fund.â A Labor Department rule would push fiduciaries to favor climate policies over the interests of investors, altering the behavior of ERISA fund managers for the worse. An article in the Wall Street Journal by former Labor Secretary Alex Acosta, and asset manager Vivek Ramaswamy, explains this:
ESG (environmental, social and governance) funds have trailed the market since the beginning of the year and are badly underperforming the sectors they shun, including oil, gas and coal.
That may spur retirement fund managers to reconsider their commitments to ESG funds. But new ESG-favoring regulations may come to the rescue. Last year the U.S. Labor Department proposed a regulation that would tell retirement-fund managers to consider ESG factors such as âclimate changeâ and âcollateral benefits other than investment returnsâ when investing employeesâ money.
This would encourage Americaâs perpetually underfunded pension plans to invest in politically correct but unproven ESG strategies. It would also violate retireesâ basic right to have their money invested solely to advance their financial interests.
Retirement and pension-fund managers are fiduciaries, legally required to make every investment decision with one purposeâmaximizing retireesâ financial interests. The Uniform Prudent Investor Act, a model law adopted by 44 states, makes clear that âno form of so-called âsocial investingâ â is lawful âif the investment activity entails sacrificing the interests of . . . beneficiaries . . . in favor of the interests . . . supposedly benefitted by pursuing the particular social cause.â This principle is built into the Employee Retirement Income Security Act itself, as the Supreme Court held in Fifth Third Bancorp v. Dudenhoeffer (2014). The Biden administration canât change that by regulationâŠ.The Biden administration seeks to [dilute] those limits, allowing fund managers to consider ESG factors whenever they deem two investments âequally serve the financial interests of the plan.â Fiduciaries need not document the reason for the tie or how they broke it, the Labor Department explains in announcing the rule, so as to not âchill investments based on climate change or other ESG factors.â The department asserts that âtwo hours of labor to maintain the needed documentationâ might prove too onerous for fund managers.
The new rule suggests that fund managers weigh factors such as âclimate change,â âboard compositionâ and âworkforce practices.â While the drafters were smart enough not to mandate consideration of ESG factors explicitly, the draft ruleâs one-sided list of examples tilts the scale in favor of ESG-linked investment selection, proxy voting and shareholder engagement.
I’m glad it’s “just” poison ivy. Take care.
Thanks.
Marco Rubio
@marcorubio
·
3h
Yesterday we filed our âUnborn Child Support Act,â that would allow mothers to begin collecting child support payments during pregnancy & retroactive payments after the birth when a paternity test is used to establish the identity of the father.
I thought he was headed to Delaware for a long weekend.
He was supposed to go to Wilkes-Barre today to announce his “Keep America Safe” plan.
Think of all the carbon saved by not flying the Presidential entourage there.
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