ESG Loophole Leads to Billions in Investment
in Saudi Aramco
Posted By: sw penn, 7/12/2023 7:36:32 AM
An ESG loophole led investors to pile billions of dollars into Saudi Aramco, the world’s largest oil company, whose chief executive has criticized ESG investing. Bloomberg reported that Saudi Aramco has become an unlikely beneficiary of anti-climate change investing funds. Amin Nasser, the chief executive of Saudi Aramco, said that ESG policies have an “automatic bias against any all conventional energy projects ” that would lead to global problems surrounding energy affordability and energy security.
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An ESG loophole led investors to pile billions of dollars into Saudi Aramco, the world’s largest oil company, whose chief executive has criticized ESG investing.
Bloomberg reported that Saudi Aramco has become an unlikely beneficiary of anti-climate change investing funds.
Amin Nasser, the chief executive of Saudi Aramco, said that ESG policies have an “automatic bias against any all conventional energy projects ” that would lead to global problems surrounding energy affordability and energy security.
Selling Marxism has been a tough row to hoe in America, though that's not to say that those selling it haven't made inroads toward getting us there. But our laissez faire roots and inherent disdain for the anti-freedom control mechanisms needed to sustain outright communism have made it difficult for the peddlers to find the necessary buyers over the years. That's why they've gotten creative in recent decades, finding their magic beans, so to speak, by suggesting that "people of color" tend to be financially less well-off than white people, thereby establishing racial inequity as a substitute for class struggle.
President Joe Biden’s own Department of Justice just laid the smackdown on him after he urged the January 6 House Select Committee to prosecute those who do not comply with a Congressional subpoena.
As he was outside the White House on Friday a CNN reporter asked him if those people, like former White House chief strategist Bannon, should be prosecuted.
“Mr. President, what’s your message to people who defy Congressional subpoenas on the January 6 committee?” the reporter said.
“I hope that the committee goes after them and holds them accountable criminally,” he said.
“Should they be prosecuted by the Justice Department?” the reporter pressed.
“I do, yes,” the president said.
American fascism?
3 replies
Fascism is a nebulous term which people throw around as a pejorative, even for minor things.
When asked what they mean by fascism, they're at a loss. Like the word 'racist,' 'fascism' or 'fascist' is typically used by liberals and their ilk to smear their opponents and to cut off debates. As for those who seriously write about fascism, each seems to have their own definition. Perhaps George Orwell said it best in 1946: "The word Fascism has now no meaning except in so far as it signifies 'something not desirable.'"
Faux Capitalism
5 replies
A recent Fox News poll reported that 59% of Democrats have a favorable view of socialism compared with 49% who have a favorable view of capitalism. A few weeks ago, Nancy Pelosi, while speaking at an event in London, commented that capitalism has not served our country as well as it should.
[SNIP]
We have the illusion of choice when making a purchase or hiring a service, but, in fact, the choices are limited. The four largest airlines control 65% of air travel, and because one of the four usually dominates a regional hub, there is even less competition within a region.
Tucker Carlson sent the Left into a predictable frenzy of self-righteous rage this week by making a true, but politically incorrect, observation.
The invasion that is unfolding at the southern border, Carlson said, is purposeful. Joe Biden and his Democratic allies have embraced open borders because they want to change America’s racial demographics.
[snip]
“Folks like me who are Caucasian, of European descent, for the first time in 2017 we’ll be in an absolute minority in the United States of America, absolute minority,” he said. “That’s not a bad thing, that’s a source of our strength.”
Biden is not alone in his belief that white displacement is an inexorable destiny worth celebrating.
If you’ve been thinking of buying a house, you’ve probably noticed that house prices are soaring everywhere, not just in the usual preferred zip codes. You might have thought this is simply because of market deformations thanks to COVID and the lockdowns. In fact, the soaring prices reflect something much more sinister: Blackrock, an investment company is buying up housing stock, turning America into a nation of renters – that is, people with no stake in their communities or their futures. However, what’s really sinister is that it’s not just housing stock. BlackRock, along with The Vanguard Group, owns a disproportionate number of American corporations, more even than you realize.
The Tyranny of Woke Capital
2 replies
Traditional American values have long been under attack by social justice warriors, cultural Marxists advancing the insidious tenets of critical theory. Their “long march through the institutions” has infiltrated schools, universities, entertainment, the mass media, the courts, politics, and beyond. One might assume that business, adhering to the Milton Friedman doctrine of maximizing returns for shareholders, would be insulated from their malign agenda. But that assumption...
Diplomatic immunity does not extend to terrorism, and that is very bad news for Iran's embassies. On February 4, 2021, a court in Antwerp, Belgium delivered a guilty verdict with 20 years of imprisonment in the case of Assadollah Assadi, a career Iranian diplomat who plotted a bombing attack against a major gathering of Iranian opposition members in France. (Snip) There’s no doubt that this plot was ordered by Khamenei, Rouhani, Zarif, and Intelligence Minister Mahmoud Alavi.”
A word is more than just a neutral label attached to an object; it also carries a time-hardened public attitude. The easiest way to change the attitude is to change the label; hence, I heard on NPR a mention of "sex workers." Juvenile drug-dealers — I kid you not — were called "boys who made a mistake."
What Denying Election
Fraud Accomplishes 5 replies
Fraud Accomplishes 5 replies
There were voluminous reports, from eyewitnesses and experts, of widespread election fraud in the so-called battle states and beyond. Specific allegations were made, and evidence of election rules violations and statistical anomalies were collected. Yet the courts refused to listen to virtually all witnesses and experts, rejected most of the evidence, and refused to subpoena more evidence requested by the plaintiffs. Many state government officials and some top representatives of companies supplying voting machines and software categorically denied any election fraud.
Electric Vehicles Will Drive Us to Serf City
14 replies
Love them or hate them, electric vehicles (EVs) are in our future. If you doubt that, look at signs. Car companies around the world are in a mad rush to pivot to EV manufacturing. Some examples follow.
"Since March 2019, General Motors has committed to invest more than $4.5 billion in three U.S. manufacturing sites to prepare for EV-related production. The company announced it plans to release at least 20 new electric vehicles globally by 2023." This includes a monstrous Hummer
which GM is repositioning as a pickup truck to compete directly against Tesla.
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Dylan Mulvaney has fled to Peru for some much-needed solo travel and soul searching after she complained she no longer felt safe in the US.
The trans influencer, 26, has been at the center of scandals this year - having caused a storm of outrage after partnering with Bud Light in April, knocking millions off the value of the beer company.
After addressing the ordeal publicly on her TikTok last month, Mulvaney has announced she's solo traveling in South America to reconnect with herself - and filmed herself frolicking with llamas.
She told fans in a series of videos, which included posing with a llama:
The Biden administration on Monday slammed the Republican-controlled House’s version of 2024 National Defense Authorization Act for requiring military personnel decisions to be based on merit and not race or gender, among other provisions.
“The Administration strongly opposes the House’s sweeping attempts…to eliminate the Department’s longstanding [Diversity, Equity, Inclusion, Access] efforts and related initiatives to promote a cohesive and inclusive force,” the Biden administration said in a Statement of Administration Policy.
The House’s NDAA contains a number of Republican-authored provisions to roll back the Biden administration’s efforts to push Marxist-based Diversity, Equity, and Inclusion (DEI) initiatives throughout the entire Department of Defense establishment, including the military.
Farmers Insurance Company Pulls Out of
Florida – Another 100,000 Policies Will
Not Be Renewed 30 replies
Florida – Another 100,000 Policies Will
Not Be Renewed 30 replies
The insurance crisis in Florida is hitting the middle-class family, working community and retirees on a fixed income directly. Hundreds of thosands of residents have lost insurance coverage, and even more have seen policy premiums double. It is not uncommon to find homeowners who are paying more for insurance than their actual mortgage payment. Unfortunately, the situation is getting worse.
Farmers Insurance has notified the state they are pulling out of Florida, will not be writing any additional policies in the Sunshine state and when existing policies expire, they will not be renewed. Home and auto policy rates have already doubled i
Kamala Harris explained AI during a meeting with civil rights leaders on Wednesday.
Harris huddled with the CEOs of the Center for Democracy and Technology, UnidosUS, AARP, and AFL-CIO President Liz Shuler.
Kamala Harris treated the CEOs like children.
This may be one of her most profound statements yet.“AI is kind of a fancy thing. First of all, it’s two letters. It means ‘Artificial Intelligence.'”
81 million votes.
WATCH: (Video)
The Secret Service is closing the investigation into the White House cocaine discovery because of a 'lack of evidence' in a stunning move just 11 days after the drugs were abandoned in a West Wing locker. Furious Republicans have called the shuttering of the probe 'ridiculous' and accused the Biden administration of a 'cover-up,' with agents unable to find a suspect despite poring over surveillance footage for more than a week.(Snip)Trump-era CBP Director and longtime FBI agent Mark Morgan told DailyMail.com last week that the case is 'straightforward' and could be solved in the matter of 30 minutes.
FBI Director Christopher Wray testified before the House Judiciary Committee today.
The hearing, “Oversight of the Federal Bureau of Investigation,” examined the politicization of the nation’s preeminent law enforcement agency under the direction of FBI Director Christopher Wray and Attorney General Merrick Garland.
Rep. Troy Nehls (R-TX), a former sheriff, destroyed dirty Chris Wray during his testimony before the House Judiciary Committee on Wednesday.
Nehls brought video and photos of Ray Epps encouraging Trump supporters to enter the US Capitol on January 5th and January 6th and then leading the charge through the first ste of barriers to the US Capitol.
Former Manson family member Leslie Van
Houten released from California prison,
official says 25 replies
Houten released from California prison,
official says 25 replies
Leslie Van Houten, a former Charles Manson follower and convicted murderer, was released from a California prison on Tuesday, a prison spokesperson told CNN.
Van Houten was released to parole supervision, California Department of Corrections and Rehabilitation spokesperson Mary Xjimenez said. Van Houten will have a three-year maximum parole term with a parole discharge review occurring after one year, Xjimenez said. Van Houten, now in her 70s, was 19 when she met Manson and joined the murderous cult that came to be called the “Manson family.”
Prior to her release on Tuesday, she was serving concurrent sentences of seven years to life after she was convicted in 1971 for her role
Representative Jamie Raskin (D-MD) said Tuesday on MSNBC’s “All In” that the country was “still in the thick of this fight to defend American democracy” from so-called kleptocrats like former President Donald Trump.
On House Republicans investigating President Joe Biden, Raskin said, “Really what we see is a grasping at straws in attempts to find something, anything to get at Joe Biden. Why? Because it is a massive distraction from the fact that Donald Trump had one overriding purpose for being in office and one overriding purpose for coming back into office. He had a moneymaking operation. He converted the presidency into
Officer, Americans would like to report the Biden Administration’s FBI for the act of social media trolling. After all, that must explain why the “premier law enforcement agency” and political monkey wenchers that interfered with the 2016, 2020, and 2024 presidential elections laughably issued an appeal for Americans to come forward and report crimes.
The FBI issued a tweet that used a flowery script against a mauve pink background inviting Americans to “Speak Now.” “Justice is better than revenge,” the FBI’s tweet stated. “You may not be Superman, but you can help the #FBI protect the country. If you have information about a federal crime, speak now.”
CNN is under fire for misgendering Dylan Mulvaney as “he” and “him” in a segment about the “culture war” being waged over the transgender influencer’s partnership with Bud Light. Correspondent Ryan Young failed to use the 26-year-old influencer’s preferred pronouns in a short segment about the backlash against the beer giant that has led to plummeting sales. Young also mispronounced Mulvaney’s first name as “Dylvan” while describing the social media star to “CNN News Central” viewers Tuesday.
Fox News is facing a new defamation lawsuit from a man who claims that its former host Tucker Carlson falsely identified him as an undercover FBI agent who triggered the January 6th attack on the Capitol.
The lawsuit was filed in Delaware Superior Court, the same venue where the network recently faced a lengthy trial over Dominion Voting Systems defamation claims that its hosts and guests amplified a false narrative that the company rigged the 2020 presidential election. Fox News settled the case for $787.5 million. Epps, who voted for Donald Trump in 2016 and 2020, and believed that the latter election was stolen from him, according to the lawsuit.
Just when you thought Geraldo Rivera was completely done he emerges from the ashes.
As previously reported, Rivera rage quit Fox News after getting canned from “The Five.” He made the announcement form his boat in New York.
Unfortunately, the former Fox News host revealed that his next move was not permanent retirement but rather a return to the airwaves, at least for one day.
On Monday, Rivera announced that he would be sitting down with the View’s clucking hens on Thursday presumably to bash conservatives and his former employer. He was excited about the invite.
Comments:
ESG is a tool to kill competition to maintain the status quo of your globalist masters.