[butlerweave]

You can bet Joe’s 10% never goes anywhere near the ESG scam

[SaxxonWoods]

I look for energy stock that are rated neutral or laggards in ESG ratings. If they are rated higher they are off my list.

[Rurudyne]

Divest from woke companies.

[MeneMeneTekelUpharsin]

Proverbs 23:4-5 -

4 Do not weary yourself to gain wealth; Stop dwelling on it.
5 When you set your eyes on it, it is gone. For wealth certainly makes itself wings like an eagle that flies toward the heavens.

[proxy_user]

You can still put your money in any fund you want. If you by the S&P 500, you’ll get Chevron and Exxon. If you have an IRA, you can open a brokerage account and pick whatever stocks you like.

[realcleanguy]

So, the party that calls everyone else a fascist is the epitome of fascism. My father and uncle fought against Fascism and yet the Democrat Party has brought Fascism into all areas of America.

[fuzzylogic]

So my 401k funds are being used to force companies into ESG policies that directly impact me, as a white male, in job opportunities? I know this already happened to me...

[Alberta's Child]

This guy is full of crap. There’s nothing in the U.S. Labor Department’s new ESG rules that screws anyone who isn’t already looking to get screwed by investing in stupid ESG nonsense.

The new Labor Department rules about a retirement fund’s fiduciary responsibilities are no dumber than the ones that were previously adopted.

[bert]

Well, we’ve come to it.

Like the General said “the only good progressive is a ded progressive”

[Roccus]

FTA; By the way, victims of the law policies are often unionized workers -- America's truckers, factory workers and teachers -- whose lifetime savings are put at risk

Thereby opening the door for government takeover of those plans in order to "safeguard" the investments of those workers. The government has had it's eye on these accounts for a loooong time....and the government wants them!!!!
I fully expect to see the name Teresa Ghilarducci re-emerge in this scheme.

[afsnco]

This turns fiduciary responsibility on its head, ignoring rates of return (reality) for leftist idiocy (fantasy).

Why does anyone listen to these morons?

[Mr. K]

If pResident stupidhead had done nothing (after stealing the election) but go golfing for 4 years he would have gone down in history as one of the greatest presidents in history

[semimojo]

...it's an entirely different matter when trillion-dollar investment and retirement funds such as BlackRock inject their own biases into the way they invest people's savings without their knowledge or consent.

Anyone who puts their money into BlackRock without doing the slightest bit of due diligence deserves sub-par returns.

No one has been a more visible or vocal proponent of ESG investing than Larry Fink.

Steve Moore is talking out of his butt, again.

[Vaduz]

Permit money managers to play politics with trillions of dollars of people’s retirement savings.

The slow take isn’t noticed as easily but it still takes.