It didn’t work out so well for old Benito.
The Ceaucescu remedy.
They should ask the Citizens like me, I am doing my part and have been and will continue to avoid Any and All Business or Personal dealings with Non White Minorities, especially black ones, in an effort to Prevent any of my White Privilege or White Supremacist traits like Working hard, paying my bills, taking care of my family and not causing injury or harm to others, and especially not depending on others to provide my daily subsistence.... I refuse to be blamed for corrupting thier minds and souls with my values of God, Country and Family.
This has the smell of Obama and his minions work. Just another Al Sharpton shake down.
That's the least of it. They hope to escape being the targets of (unconstitutional but ubiquitous) Federal investigations into anything and everything in their corporations, scheduled to last until bankruptcy and jail.
Go along to stay in business. Lead the charge to become the trusties of the jailers right now.
This whole thing is ludicrous on its face. Wall Street pressuring city governments to pursue a SJW agenda is like the KKK pressuring BLM to put more black people in leadership positions.
It won’t be just government bonds. People are going to get hit with this too. Instead of your good old fashioned credit score, a new type of score will be added for you to be judged on.
ESG score
Environmental (better be green)
Social (as in social justice)
Government (better lean left)
Merrill Lynch and other are already implementing this. It’s the same thing as China’s Social Score but with the green thing and CRT added.
Fascism is fascism, no matter how western, no matter how well-dressed.
Fascism anyone?
“...mechanism of representative government. “
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Off topic but do we really have a “representative” form of government anymore?
Who do the members of congress represent, the citizens or special interest groups that pay them money?
Race-based inequality
If you want something earn it blame and the race card are not the tools for winning.