Posted on 12/11/2022 4:07:28 PM PST by george76
some good news on this front lately
So chase closing its 2 billion dollar credit card company ??
Why in the hell do CEO’s allow this fifth column? Specifically, they allow all the overhead for diversity and inclusion. They allow the overhead of Human Resources. They allow the overhead of anti-science climate excrement. They allow contributions to worthless and wasteful charities in the name of virtue signaling. They allow the active support of organizations like bLM. The allow sexual deviance in the form of supporting LGBTQXYZ++. All of these thing cost money and productivity.
They allow wokeness and political correctness to stifle free speech.
That’s the worst one. Without free speech there is not an exchange of ideas. Solutions are limited. Creativity dies. Speech is thought. Thinking dies. Wokeness isn’t about not offending people. It’s about shutting you up and controlling you.
CEO’s clearly see the negative impact because they create worthless programs and departments dedicated to innovation. That’s a bull💩idea, as if innovation never occurred in business before today. These eff’n morons don’t know how to solve the problem of a lack of creativity and innovation because they don’t know what’s causing the problem.
Corporate America survives despite itself today. It could be so much more, but I doubt that will ever happen. If fact, corporate America is doomed because it is run by thoughtless morons that can’t even see the enemy within.
Stepping off soapbox.
I was thinking that it would be better if he was in a 2' X 6' box at a 6' depth, with the contents of said hole placed firmly over the box.
Maybe a nice stone to mark the occasion...
When I wrote that, the thought crossed my mind that Elon Musk might be one CEO that has recognized what is occurring in big business. He’s fired 75% of worthless employees at Twitter and now Twitter is seeing a massive increase in users. Perhaps he didn’t go into the firings knowing the full extent of the problem, but there’s a good chance he gets it now. (I’m no Musk fan by the way. He needs to break ties with the CCP)
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Fink is committing suicide when the numbers catch up with him. Surely this is true. He will still have woke followers but people sometime or another find out they are falling behind and want to make money.
I wonder when the fiduciary issue comes to the forefront and actions are taken?
I also have a dream that one day the sheeple will figure out that green energy is not going to work and is just costing them a butt load of money. There is no viable solution to storage for no wind and no sun, not even low of each. The gallons of gasoline saved by the paltry numbers of EVs has cost the equivalent of $26 a gallon in subsidies. That is bound to make taxpayers happy someday. Maybe, I hope. As Manhattan Contrarian reports, NREL’s blue ribbon panel only offers that at the end of 10 years of research may result in some solutions that enable green energy someday leaving 3 years to meet the the 100% green energy goal. That is a painful 13 years at the current pace of waste. In the lengthy NREL report they identify lots of problems and virtually no solutions.
I was screening funds the other day and it dawns on me, I’m slow, that all the funds are trying to beat some benchmark. Most simply don’t, the low cost ETF is the index and does well against the index of course. What is more, the ETF trades all day long instead of the butt clenching wait until close if you are bent on selling into a falling market, I don’t. What is the point of paying some revolving door fund manger instead of buying an ETF? None.
I wonder how much longer mutuals go on and how much longer people are going to be willing to handsomely pay managers to be woke and not beat the indices handily? There are alternatives and there is nothing wrong with them.
They are not “allowing” this crap, they ENDORSE it.
CEOs fell way off the list of being remotely lionized to me when I dealt with their reliance on big expensive consulting firms like Boston to tell them what to do. Most just ain’t mavens of the business world. At least that is my experience with them.
What I don’t understand is how the Board allows this junk without going to jail. It becomes a bit like safety, until you are willing and able to put a value on your decisions it is all doable and justified. Nobody these days is willing to throw down the penalty flag and call horseshit.
Insurance companies are implementing this too. I’m convinced the ChiComs are handling the data.
We totally quit an insurance company because of this.
I can give specifics if you like.
Thanks!
Wow. Thanks for all the info.
This is wonderful news to read first thing in the morning. Ive wondered how in the world the “Evil Three”, as I call them, have been able to invest exactly opposite of the best financial wisdom just to push their ESG insanity. I’m thankful states and individuals still have the freedom to choose how their money is invested, I hope this is the beginning of the end for them. Between Big Tech censorship and Evil Three financial bullying, these last three years have seen such destruction of our way of life.
Glenn Beck got this out early. Hoping it’s really going and not just repackaged.
Doubtful, they will just call it something else.
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