Posted on 09/30/2022 8:47:07 AM PDT by Red Badger
MARK OF THE BEAST IS HERE.......................
“This will affect every facet of your life...............”
Most around me either cheer this, or simply don’t care.
Does it pass ESG guidelines to fly a private jet to a monkeypox orgy?
Just as some corporations were starting to back away from the ESG controls, the feds are stepping in full force.
Only if you fly while wearing an S&M leather outfit...
No
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.
“Everything that is allowed is compulsory.”..................
WTF is this BS?!
Destroy the federal reserve - NOW
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.
Never imagined there could ever be this many ignorant mofos available. Lenny would be proud and is smiling up from hell. 😲😵😠
All those child slave laborers mining minerals in Africa will breathe a sigh of relief knowing they are helping corporate profits.
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.
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.
It’s like golf, the lower the ESG score the better.
Not a dime in transactions with these "Banks" ever again!
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?
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.
A Swamp Sharia system.
And which one do you supposed fedgov would choose? I'm thinking whatever gives them the most control.
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