Global Warming PING!
Posted on 05/20/2021 8:34:52 AM PDT by tbw2
The companies are promising they will give preferential treatment to clients that run their operations in a “sustainable” manner.
That means clients will have to implement policies that, in the banks’ view, reduce carbon emissions or promote a number of other goals, such as “gender equality” and “racial equity.” Clients that don’t support carbon reductions should face penalties such as “exclusion” and “divestment,” according to the guidelines of the United Nations-backed Net-Zero Banking Alliance, which counts dozens of major banks among its members.
(Excerpt) Read more at theepochtimes.com ...
Cancel Culture................. aptly named...............
The agenda is being pushed by many of the biggest names in finance, including major banks, investment houses, and wealth managers. If successful, the financial institutions’ agenda would create a two-tiered economy, with the “woke” class slated for preferential treatment and dissenters relegated to picking up the scraps, the experts said.
“Woke” in this sense refers to a set of progressive views that have dominated establishment circles in government, academia, and the corporate world.
The companies are promising they will give preferential treatment to clients that run their operations in a “sustainable” manner. That means clients will have to implement policies that, in the banks’ view, reduce carbon emissions or promote a number of other goals, such as “gender equality” and “racial equity.” Clients that don’t support carbon reductions should face penalties such as “exclusion” and “divestment,” according to the guidelines of the United Nations-backed Net-Zero Banking Alliance, which counts dozens of major banks among its members.
“Notice that this consortium of banks and asset management firms, the largest in the world, aims ‘to boost private clean-tech finance and press polluting industries that use their services to cut emissions.’ That is, they will use their financial power to squeeze non-compliant producers out of existence by virtue of directing investments toward favored reset partners,” he said in an email, referring to the “Great Reset” toward “a fairer, greener future” proposed by the World Economic Forum (WEF) and its head, Klaus Schwab.
While the financiers may not be able to completely eliminate non-compliant businesses, “the planners are creating a two-tiered system, with preferred producers/distributors on top and the non-woke producers/distributors beneath them,” he said.
Despite the complaints about crony capitalism today, “the Great Reset, social responsibility, and stakeholder models [currently advocated by many large corporations] run the risk of getting us even more cronyism than we have now,” he said.
War by other means.
Banksters promoting woke-ism and the Great Xi-Set. Find a credit union instead.
PING!
Global Warming PING!
“The agenda is being pushed by many of the biggest names in finance, including major banks, investment houses, and wealth managers.”
Banks and finance institutions require government licenses to operate. Threaten those, and you can make them do anything. Mostly, it isn’t the people running finance that want this crazy greenness; it’s government.
Time—perhaps past time—to break up the banks.
But what about cpanies that “go green”, whatever the hell that means, but don’t promote gender equality and race equity, whatever the hell those mean? Or vice versa
>> Mostly, it isn’t the people running finance that want this crazy greenness; it’s SOCIALIST DEMOCRATS
“The objective is to curtail the mobility and consumption of the vast majority and reduce them to captives of the Great Reset agenda.”
There won't be "captives" to the "Great Reset agenda" ... we will all be slaves owned by the Government. Doing what we're told, when we're told, how we're told.
That is unless there isn't major upheaval and resistance.
Fairness means people who contribute net negative to society like democrats or palistinians are entitled to the labor of those that strive to improve the world. In other words slavery of the productive results in the poverty of everyone except the ruling class
Blackmail ?
This is the same mentality that gave us the subprime loan crisis:
If a black person who does not qualify for a loan does not get the loan, it is racism.
If a black person who does not qualify for a loan does get the loan, it is predatory lending when they aren’t able to pay it back.
Extortion.
Sue them.
Now, do we need another reason to get the United Nations out of the USA,
or to get the USA out of the United Nations ?
World control by the self-appointed elites !
I was JUST going to suggest a Credit Union...at least for now. Or we can just give all of our cash to Jim Robinson for safe keeping. ;)
However, since they ARE member owned and beholding to no one but we pool of users, this kind of cr@p will be harder to get passed.
If you can find one that supports local Agriculture, all the better! Avoid the ones associated with Universities, of course; they’ll be the first domino to fall when The Woke Police come their way. :(
Thanks!
You’re Welcome. My credit union rocks, and was super helpful in refinancing my farm when I kicked my loser ex-huz to the curb.
So, they’re aces in my book. :)
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