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Federal Reserve announces major ‘pilot exercise’ for ESG social credit score system..."Climate finance" is almost identical to that of the Chinese Communist Party's social credit score system.
https://dossier.substack.com ^ | September 29, 2022 | Jordan Schachtel

Posted on 09/30/2022 8:47:07 AM PDT by Red Badger

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This will affect every facet of your life...............

MARK OF THE BEAST IS HERE.......................

1 posted on 09/30/2022 8:47:07 AM PDT by Red Badger
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To: Red Badger

“This will affect every facet of your life...............”

Most around me either cheer this, or simply don’t care.


2 posted on 09/30/2022 8:50:19 AM PDT by brownsfan (It's going to take real, serious, hard times to wake the American public.)
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To: Red Badger

Does it pass ESG guidelines to fly a private jet to a monkeypox orgy?


3 posted on 09/30/2022 8:50:57 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Red Badger

Just as some corporations were starting to back away from the ESG controls, the feds are stepping in full force.


4 posted on 09/30/2022 8:53:02 AM PDT by robel
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To: Tell It Right

Only if you fly while wearing an S&M leather outfit...


5 posted on 09/30/2022 8:53:18 AM PDT by EEGator
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To: Red Badger

No


6 posted on 09/30/2022 8:54:21 AM PDT by Vision (Elections are one day. Reject "Chicago" vote harvesting. Election Reform Now. Obama is an evildoer.)
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To: Red Badger

Publicly traded companies are already given ESG ratings.

When I research energy, I always look for the ones that have a “Laggard” ESG rating. They have a better chance of actually making profits than “Leader” rated companies which invest too much in solar, wind, etc.


7 posted on 09/30/2022 8:55:39 AM PDT by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: robel

“Everything that is allowed is compulsory.”..................


8 posted on 09/30/2022 8:57:00 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

WTF is this BS?!

Destroy the federal reserve - NOW


9 posted on 09/30/2022 8:57:44 AM PDT by Skywise
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To: Red Badger

It works both ways. A low ESG score is a good indicator; indicates they are doing what is good for the company and not playing silly politics.


10 posted on 09/30/2022 8:58:17 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Red Badger

Never imagined there could ever be this many ignorant mofos available. Lenny would be proud and is smiling up from hell. 😲😵😠


11 posted on 09/30/2022 8:58:41 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: Red Badger

All those child slave laborers mining minerals in Africa will breathe a sigh of relief knowing they are helping corporate profits.


12 posted on 09/30/2022 8:59:02 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: Organic Panic

Does this mean the executives of these banks will not use private jets, or tolerate companies that do. Nooooo. They don’t care thaaaat much.


13 posted on 09/30/2022 9:02:41 AM PDT by Stevenfo
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To: SaxxonWoods

I know Schwab does the ESG thing. Everytime I log into my account I see those ESG tags. I’ve mostly ignored it thus far, but really shouldn’t. A lot of the mess we’re in is because conservatives ignored and laughed at what the left was doing.


14 posted on 09/30/2022 9:03:05 AM PDT by teevolt
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To: Red Badger

It’s like golf, the lower the ESG score the better.


15 posted on 09/30/2022 9:03:36 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Red Badger
Bank of America, Citigroup, Goldman Sachs, JP Morgan Chase, Morgan Stanley, and Wells Fargo

Not a dime in transactions with these "Banks" ever again!

16 posted on 09/30/2022 9:04:11 AM PDT by Navy Patriot (Celebrate Decivilization)
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To: SaxxonWoods

That’s the million (or trillion) dollar question. Doesn’t corporate management have a fiduciary responsibility to the owners/stockholders?

If, for instance, a bank lends money not based on the ability of a borrowing company to make money but based on some arbitrary standard that could cause the loan to go bad, hasn’t the bank intentionally lost its shareholders’ money?

I’m pretty sure management cannot knowingly engage in business practices that will lose money.

So how does this ESG nonsense work unless the law is changed?


17 posted on 09/30/2022 9:04:15 AM PDT by packagingguy
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To: Red Badger

What goes into ESG ratings are also more-or-less random. It really is a “political correctness” score, that shifts with modern political winds.

Its state-directed and politically controlled “capitalism.” It really is no different than what China’s CCP does.


18 posted on 09/30/2022 9:06:13 AM PDT by PGR88
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To: Red Badger

A Swamp Sharia system.


19 posted on 09/30/2022 9:07:51 AM PDT by UnwashedPeasant (The pandemic we suffer from is not COVID. It is Marxist Democrat Leftism.)
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To: Red Badger
Add this to that and it's the complete system

And which one do you supposed fedgov would choose? I'm thinking whatever gives them the most control.

Pg 36 - https://www.whitehouse.gov/wp-content/uploads/2022/09/09-2022-Technical-Evaluation-US-CBDC-System.pdf

20 posted on 09/30/2022 9:08:07 AM PDT by Pollard (Worm Free PureBlood)
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