Posted on 02/03/2024 12:55:57 PM PST by DallasBiff
One of the stranger political crusades of the past few years has been the Republican war on so-called woke capital, which has led GOP politicians across the country to adopt a kind of anti-corporate, pro-regulatory rhetoric that one normally associates with the left wing of the Democratic Party. And among the GOP’s favorite targets in this war has been ESG investing—investment funds that take “environmental, social, and governance” considerations into account.
For Republicans, ESG funds are a Trojan horse, designed to smuggle progressive attitudes toward climate change, and diversity and inclusion, into executive suites and corporate boardrooms, all under the guise of supposedly improving investment returns. And so, in red states, state treasurers have pulled public money out of firms that are associated with ESG, including even some of the world’s biggest investment firms, such as BlackRock and State Street.
(Excerpt) Read more at theatlantic.com ...
ESG is just as politically corrupted as anything else.
-PJ
I’m sitting in a chair typing away because the atmospheric CO2 has not stopped the temperature from rapidly falling outside.
I wish I held onto my Apple shares - they would now be worth about $5 million.
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Yeah…don’t do that to yourself. I came across an old portfolio and cringed the other day. That’s why I don’t see much these days.
Fiduciary responsibility.
Anything other than that and we’re fighting.
It’s like they think ppl don’t have the right to decide what is done with their own money!
Ask Bud Light about ppl having choice how to spend (invest) their money.
An idiot urinalist who most likely favors a plethora of policies that negatively impact the profitability of corporations is claiming that conservatives are losing money by not investing with Blackrock and their ilk. The hypocrisy is stratospheric!
Trying to throw some shade on Trump? He’s gonna be the nominee. Unless they rig the elections in the swing states again, he is gonna be the next President.
The Democratic Party is the party of Billionaires.
So long as he gets the results I want, I don't care.
I’m been saying this exact thing since at least 2017 around here.
I've been saying it since 2016.
And his son told conservatives to knock it off regarding the Bud Light boycott.
“Trump gushed over Disney.”
Get over it already. Trump is going to be the nominee whether you like it or not.
So pick a damned side.
L
The Atlantic’s ad revenues are hurting. Can’t wait to hear of the layoffs and bankruptcy!
Straight up lie
Trump Slams Disney For Going ‘Woke’ As He Blames DeSantis For Failing To Stop It
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Not a single poster should expect anything but straight up lies from that poster. That is what she is paid to do.
Increase ESG scores by donating to ActBlue and give appropriate kickbacks to Dem politicians.
Blackrock , which got rich using a financial program that accurately predicted toxic investments went woke and changed the game to support scams like climate change and Diversity Inclusion Equity (DIE). Larry Fink is the man behind this. It figures that a Communist FINK would change the rules mid game.
So where is the backfire?
The Atlantic cannot keep their stories straight:
https://www.theatlantic.com/ideas/archive/2024/01/media-layoffs-la-times/677285/
You can’t get more woke than the croaking mass media.
-PJ
“I wish I held onto my Apple shares - they would now be worth about $5 million.”
Everybody has their price to turn to the dark side.
Sports, music, corporate leadership: I don’t care about your politics, your gender(s), pronouns, religion (or lack thereof), or anything other than PERFORMANCE.
If DEI initiatives increase profitability you won’t be able to stop them.
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