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Goliath investment firm BlackRock is laying off 3% of its workforce, mostly in the ESG department, since returns went down.
Environmental, Social, and Governance (ESG) criteria have descended upon the investment landscape, masquerading as the paragons of ethical investment and corporate responsibility.
Though more than $50 trillion has been committed to ESG and other sustainable investment strategies, the world is no closer to achieving its net zero objectives.
Florida Gov. Ron DeSantis, former congresswoman Tulsi Gabbard, and Democratic presidential candidate Robert F. Kennedy Jr. are calling out the Federal Reserve’s attempt to create a alternative, digital dollar, which the three warn will be used to restrict civil liberties as seen in countries like China, where access to one’s money is dictated by a social credit scoring system.
Uncle Joe seemed quite proud of himself after he signed his first veto. This is a big moment for the old man since he’s been drooling over the chance to be President for decades. These days he’s just plain drooling due to old age.
Governors of 18 states have formed a coalition headed by Ron DeSantis to fight President Joe Biden’s ESG policy.
Florida is leading the way against Environmental, Social, Governance (ESG) investing, with other Republican-led states following.
Wall Street titan Jamie Dimon, CEO of JPMorgan Chase, thoroughly rejected a demand from congresswoman Rashida Tlaib to commit to immediately ending all financing of fossil fuel products.