ESG Dystopia: Why Corporations Are Doubling Down On Woke Even As They Lose Billions

Authored by Brandon Smith via Alt-market.us,

It’s been a bloodbath for the majority of companies that go overtly woke in the new era of American consumer rebellion, and the establishment is not happy. Corporations like Disney, Anheuser-Busch and Target are plunging in profits and losing billions in market cap after pledging fealty to the trans agenda. In particular, the public is setting out to make examples of institutions that support trans indoctrination of children. Simply put, a line in the sand has been crossed.

With conservative boycotts far more effective than leftist boycotts ever were, the movement makes evident that the political left is a paper tiger and that conservatives and independents have the real majority power in the US.  In response, the media is claiming that this movement is a form of “economic terrorism.” That is to say, if you refuse to support the woke hive mind with your wallet, you should be considered domestic enemy.

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Biden Has Seized Your Pensions For His Agenda

Guest Post by Martin Armstrong

President Biden’s decision earlier on Monday to veto a bill that would have killed a Labor Department rule on environmental, social, and governance (ESG) investing, has effectively seized your pension and expropriated it directing it to invest in this failed green agenda. That is UNCONSTITUTIONAL and there needs to be an immediate class action suit brought against this outrageous agenda.

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You’re Going To Get Robbed

Guest Post by Karl Denninger

Read this Twitter thread in full.

Today, we issued a final rule that allows retirement plan investors to take climate change and other environmental, social and governance (ESG) factors into consideration when making investment decisions:

Oh really?

Did you not just see a prime example of what happens when “ESG” takes over a corporation?  Why, you did.  It’s called Twitter.

Three quarters of the people, all hired with “ESG” in mind, were just fired by Musk who as a private owner has zero obligation to any such so-called “principle.”  The various screaming parties in the ESG cult all predicted immediate doom and disaster.  No such disaster has occurred; the firm’s only service it provides to the public is running just fine with one quarter of the staffing load — and thus cost — it used to have.

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BlackRock: The Company that Owns the World

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