There’s good news on the home front. Zerohedge writes: The seemingly unquestioned march towards corporate utopia has met with resistance among those who oppose the idea that government oligarchs should dictate the affairs of private business firms. The long-term effects of the ESG movement are largely ignored by the mainstream.
VERY happily surprised to see this about Vanguard. Up until now it seemed they had sold out lock, stock, and barrel (OK, had to throw that in for kicks) to the ESG movement. Apparently the CEO values the viability of his company and his own position above virtue signaling. A good example to others and a good signal of a potential reversal of the ESG movement.
Given the demonstrated depth of their commitment to WEF objectives, I've lost all hope that BlackRock, Vanguard or their fellow travelers will ever 'come around.' That said, developments like these allow openings for more and more insider critics with knowledge of the industry at these rarified levels (along the lines of Ed Dowd) to report on market abuses and adverse effects. In this respect, I find some encouragement.
Another guy I'm not sure I can trust, but yet am encouraged by his forcing the conversation, is Vivek Ramaswamy. He talks a good game about ditching ESG (and his Strive Funds do so), but certain WEF-ish aspects of his background give me pause as to his sincerity. Strive is supposed to deliver this quarter or next an analytics tool that will dig into behind-the-scenes ESG activities (such as voting trusts, proxy fights, etc.) at issuers who don't expressly hold themselves out as ESG standard bearers. That would be a fairly transgressive act, forcing fund managers generally to juggle their holdings, which would be very telling of his commitment to the fight.
Happy news about Vanguard!!!
VERY happily surprised to see this about Vanguard. Up until now it seemed they had sold out lock, stock, and barrel (OK, had to throw that in for kicks) to the ESG movement. Apparently the CEO values the viability of his company and his own position above virtue signaling. A good example to others and a good signal of a potential reversal of the ESG movement.
Love me some Jamie Dimon. Even the Epstein island version.
These people in the Fed bureaucracy know no shame.
Blackrock joining forces with Democrats to promote child mutilation and perverted lifestyles is the very definition of fascism.
Hmm…
“In its recent ESG report, Norfolk-Southern bragged that it’s made race-based hiring a priority, reporting,
52% of trainee/intern hires are a racial minority and/or female
60% of executive vice presidents are female
More than one-third of new manager hires are women
56% of new manager hires are a racial minority”
https://amgreatness.com/2023/02/27/five-ways-the-trainwreck-revealed-the-trainwreck/
I don’t understand the huge US focus on Syria.
Perhaps the US deep-state is holding a grudge due to their failure to over throw Assad?
My fellow Americans,
What is required to awaken us from our collective stupor?
How much more lethal, evil, stupidity will be tolerated?
Will corrupt, lying politicians ever be held accountable, meaning removed from office, then prosecuted?
The current situation will end badly, the longer it drags on the worse will be the outcome!
Ah, as if on cue:
https://www.foxnews.com/politics/house-votes-kill-bidens-woke-esg-investment-rule-props-up-phony-climate-movement
Given the demonstrated depth of their commitment to WEF objectives, I've lost all hope that BlackRock, Vanguard or their fellow travelers will ever 'come around.' That said, developments like these allow openings for more and more insider critics with knowledge of the industry at these rarified levels (along the lines of Ed Dowd) to report on market abuses and adverse effects. In this respect, I find some encouragement.
Another guy I'm not sure I can trust, but yet am encouraged by his forcing the conversation, is Vivek Ramaswamy. He talks a good game about ditching ESG (and his Strive Funds do so), but certain WEF-ish aspects of his background give me pause as to his sincerity. Strive is supposed to deliver this quarter or next an analytics tool that will dig into behind-the-scenes ESG activities (such as voting trusts, proxy fights, etc.) at issuers who don't expressly hold themselves out as ESG standard bearers. That would be a fairly transgressive act, forcing fund managers generally to juggle their holdings, which would be very telling of his commitment to the fight.
https://www.moonofalabama.org/2023/02/the-context-of-the-new-anti-china-campaign.html#more