Posted on 03/20/2023 9:17:35 PM PDT by SeekAndFind
How will Biden’s veto affect individual IRA’s? Can I tell my IRA fund manager to never include ESG strategies when overseeing my retirement money?
Why not let the retirees decide whether they want to invest in
wind turbines that freeze or solar panels made in China?
following is behind a Murdoch paywall, but posting for the laugh. NSW is State of New South Wales, which has an election this week:
21 March: The Australian: NSW Labor ‘all-electric’ campaign bus ditched in favour of diesel alternative.
NSW Labor MPs, staffers and the travelling press pack have abandoned the party’s “zero emissions” election campaign bus in favour of a diesel alternative after realising the vehicle did not have the range to complete the trip.
Just days out from the March 25 election, Labor leader Chris Minn’s campaign has run aground, after staff belatedly realised the ALP-branded, all-electric bus would not make it back from Warragamba Dam, on Sydney’s western fringe.
The vehicle has only been operational since last week, ferrying journalists between media events. But only possessing a range of 300km, Labor staffers and journalists were forced to ditch the Australian-made vehicle in Camden, swapping onto a diesel alternative.
Owned by the WEF.
Bank of England, post Mark Carney, seems to be waking up.
this needs to be spread far and wide.
with links to relevant articles:
13 March: ClimateDepot: Marc Morano: Bank of England Downgrades Net Zero & Will Cut Spending for its Work on Climate Change – Shift ‘to focus on core areas’
Bloomberg: Cost pressures prompt central bank to focus on core areas... Climate programs will slip lower on the central bank’s agenda so officials can focus more on the core operations such as financial stability, markets and a digital currency, according to a person with knowledge of the situation who asked not to be named. The BOE’s climate work currently focuses on building ESG disclosure guidelines, preparing insurers for risks from rising global temperatures and getting banks to carbon-test their balance sheets...
https://www.climatedepot.com/2023/03/13/bank-of-england-downgrades-net-zero-will-cut-spending-for-its-work-on-climate-change-shift-to-focus-on-core-areas/
it continues to amaze me that the public shows so little interest in matters related to ESG.
in Australia, the pension (superannuation) funds are being raided, big-time:
15 July 2020: MoneyManagement: Australia taking ‘meaningful steps’ to integrating ESG in super
By Laura Dew
Australia’s superannuation system has taken ‘meaningful steps’ to ensure super is addressing environmental, social and governance (ESG) issues, according to research from the Principles for Responsible Investment (PRI).
In its latest report, the organisation compared private retirement systems in Australia, the US and UK and their inclusion of ESG...
Some ***81% of for-profit super funds***, it said, now had some form of responsible investment...
https://www.moneymanagement.com.au/news/superannuation/australia-taking-%E2%80%98meaningful-steps%E2%80%99-integrating-esg-super
Australian Govt’s plan for people’s pension funds!
23 Aug 2022: Australian Financial Review: Exclusive: Superannuation will fund nation building: Chalmers
by Jonathan Shapiro and James Eyers
Federal Treasurer Jim Chalmers has laid down a new agenda for the $3.4 trillion superannuation sector that he hopes will steer part of its vast pool of capital toward nation building investments in housing and ***clean energy...
https://www.afr.com/companies/financial-services/superannuation-will-fund-nation-building-chalmers-20220822-p5bbty
so many shilling for China/solar/wind/EVs etc. they must be getting some preferential treatment under ESG nonsense or something.
following has figures I’ve wanted to know for some years. they should be common knowledge everywhere. hope it goes viral.
quote is from a CNBC interview, video (2m15s) and transcript included:
21 Oct 2022: Climate Depot: Marc Morano: Goldman Sachs’ Jeff Currie: ‘$3.8 Trillion of Investment in Renewables Moved Fossil Fuels from 82% to 81% of Overall Energy Consumption’ in 10 Years
Economist Jeff Currie of Goldman Sachs (Global Head of Commodities Research in the Global Investment Research Division): “Here’s a stat for you, as of January of this year. At the end of last year, overall, fossil fuels represented 81 percent of overall energy consumption. Ten years ago, they were at 82. So though, all of that investment in renewables, you’re talking about 3.8 trillion, let me repeat that $3.8 trillion of investment in renewables moved fossil fuel consumption from 82 to 81 percent, of the overall energy consumption. But you know, given the recent events and what’s happened with the loss of gas and replacing it with coal, that number is likely above 82.” ... The net of it is clearly we haven’t made any progress.”
CNBC TRANSCRIPT...READ ON
https://www.climatedepot.com/2022/10/21/goldman-sachs-jeff-currie-3-8-trillion-of-investment-in-renewables-moved-fossil-fuels-from-82-to-81-of-overall-energy-consumption-in-10-years
Attach it to the next “must pass” bill. That’s what democrats do.
p
Is override doable?
20 March: Reuters: Scratched EV battery? Your insurer may have to junk the whole car
By Nick Carey, Paul Lienert and Sarah Mcfarlane
For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles - leading to higher premiums and undercutting gains from going electric...
https://www.reuters.com/business/autos-transportation/scratched-ev-battery-your-insurer-may-have-junk-whole-car-2023-03-20/
IMPEACH this treasonous bastard, now.
Every mutual fund available in an IRA publishes an annual or semi-annual report that contains all the information you need to know about how the fund is managed. If some loser wants to invest in an ESG-driven fund that gets a 0.1% annual return when other funds in the same asset class are getting 10%, then who cares?
poor corporate governance AKA diversity inclusion and equity. The criminal is telling the investors where to put your money
There’s treason as defined in the Constitution. There’s bribery. But there’s a Dem majority in the Senate. So the impeachment will leave him in office, and garner some sympathy for him. You have to do something to alienate the wokies. They’re only mildly p!ssed at him right now. They have to be furious, like Republicans (don’t ask me why) in 1973, so much so that the Dems turn on him.
Bingo!
“Can I tell my IRA fund manager to never include ESG strategies when overseeing my retirement money?”
We did about six months ago in the meeting with our Vanguard guy. He made adjustments.
No, it’s not your money if the Fund Manager controls it.
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