Woke political leaders and their globalist cronies in the private sector have created a new way of evaluating companies which is being weaponized to divert government pensions and contracts away from profitable companies and toward firms which instead meet politicized criteria. Here’s a quick breakdown of "ESG":
Environmental
How much your company relies on energy that enriches China.
Social
How much your company donates to planned parenthood, Black Lives Matter inc. and the Democratic National Committee.
Governance
How many Diversity, Equity, and Inclusion (DEI) directors you have and how many critical race theory trainings you have a year.
If this sounds like a better way to judge companies than return on investment, then you agree with globalist BlackRock CEO Larry Fink:
“You have to force behaviors, and at BlackRock we are forcing behaviors.”
Fink’s comments would not matter, except that BlackRock controls trillions of dollars of state pension and other investment funds.
Thankfully, the tide is turning. So far a number of GOP state treasurers have divested from BlackRock and 15 states have taken action to ban ESG from state investments at some level.
To tell your elected officials to ban ESG, sign our petition here.
