Original Podcast By James Lindsay.
June 5, 2023
ESG scoring is a financial racket, and we’re starting to learn how it works. The unfolding saga with huge American corporations like Anheuser-Busch (Bud Light) and Target are showing us a glimpse of what’s going on behind the curtain with this cartel scam that’s trapping our corporations. One tool of this cartel is the Human Rights Campaign’s “Corporate Equality Index,” which is concerned with “LGBTQ+” issues and is used as a scoring mechanism for the S, Social (Justice), part of ESG scoring. In this episode of the New Discourses Podcast, host James Lindsay walks through how the ESG racket works, including using CEI scoring, and makes the suggestion that we need a perspective shift so we can end this problem once and for all. Join him to hear how it works!
Like gangsters in the past, government agencies and big Wall Street Banks offer “protection” to businesses that comply their “woke” agenda, and punish those that don’t. This often hurts profits and stock prices. Businesses that comply often incur large expenses and lose good employees and customers. However, they are often offered generous loans, grants, contracts, and permits that are not available to competitors who do not comply. Big companies that comply often expect ending up with large monopolies as ESG Scoring drives their competitors out of business.
James Lindsay argues that while consumer boycotts are a good start, much more is needed. It is important to elect a President determined to use the same federal anti-racketeering previously used to break up the mafia. The President must also use federal anti-trust laws. Until then, Republican governors must use their attorneys general to do this on the state level.
Last week, Elon Musk tweeted that he expected private investors and members of pension funds to find attorneys to bring class action lawsuits against corporations, pension funds, and Wall Street brokers who destroy the value of investments when they implement woke policies and investment strategies.
Hiring, promoting, and rewarding people based on race, ethnicity, and other political factors rather than talent, achievement and merit produces more anger, resentment and corruption, and less production, wealth, and quality of life.
Click Here For Link To BankofUnamerica.org: Their Lies Start With Their Name!
Click Here For Link To Related Post: Hard Rock Chairman Goes Woke, Touts Diversity for ESG Points – Liberty and Prosperity
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