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De Omnibus Dubitandum - Lux Veritas

Sunday, March 19, 2023

Will ESG, Green Insanity and Bank Crashes Destroy America?

ESG Will Bankrupt You — Financially and Morally  By Allan J. Feifer 

Do you believe in cautionary tales or think most things happen without warning?  Your answer might reveal how your psyche processes information to which you are exposed.  Everything you need to make good decisions is readily available, depending upon which sources you rely.   

  1. Recently publicized topics should set your spidey senses twitching: 
  2. Silicon Valley Bank suffers an abrupt collapse/
  3. Joe Biden resurrects the all-but-dead Willow Creek Oil project.
  4. Biden’s Energy Secretary praises China’s work on climate change.
  5. The president delivers his vision for his FY 2024 budget, with a $6.9 trillion price tag.
  6. 40,000 hours of security footage inside the Capitol on January 6th are released to the public, initially through Tucker Carlson.

Do All of these bullets connect —

ESG (Environmental, Social, and Governance) ideology permeates everything, and it will cost us all.  You’ll understand who wins and who will lose when ESG is fully implemented.  ESG is intended to replace the profit motive for large companies with something more akin to a social conscience.  What could go wrong?

Prepare to be amazed!............To

SVB loaned millions to useless startups making greenie things no one wanted to buy --WSJ's Strassel March 17, 2023 By Monica Showalter -Is there anything more ... Soviet ... than a bank that lends money to companies making things no one wants to buy? That's the missing puzzle piece we needed on why Silicon Valley Bank went belly up, and Kimberly Strassel of the Wall Street Journal has found it, persuasively arguing that yes, the failure of the bank was indeed premised on ESG, which descended into wokester lending priorities, creating the abnormal conditions that left the bank ripe for a meltdown.  In a non-firewalled piece featured at the top of Real Clear Politics: she writes:...........


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