Chapter 3:BRYON AND BINKIE TAKE OVER THE WORLD WITH THE DEVIL’S HELP.
RESOLUTION #1 THE E.S.G. PLAN TO TAKE YOUR MONEY.
ESG IS woke, green, diverse, and broke. E.S.G. produces less and costs more. Woke banks across America fund E.S.G. loans with no risk management required. Windmills and sunshine investments are the waves of the future. These plans are executed exceptionally well. An adequate return on investment is unnecessary because ESG IS THE RIGHT THING TO DO.
For nearly two decades, major corporations have touted principles known as E.S.G. (short for environmental, social, and governance factors). E.S.G. has become “Woke Capitalism.” The New Left must concurrently destroy the three pillars of Western Civilization: CAPITALISM, CHRISTIANITY, AND DEMOCRACY. The playing field must be cleared of these three obstacles for Socialism/Communism to succeed. They will be taken out with extreme malice. Nothing can be left standing.
CAPITALISM, CHRISTIANITY, AND DEMOCRACY. They will be taken out with extreme malice. Nothing can be left standing. Our E.S.G. programs are the money machines used for the monastery and fiscal control systems. Corporations are graded on E.S.G. metrics. Report cards are issued. E.S.G. funds perform poorly in financial terms. Sustainability, greenness, and social equality factors are more critical ratings. Corporation climate police are necessary and needed.
ESG is designed to empower the elites at the expense of us non-elites.
E.S.G. critics say that using finical tools to achieve the goals of the New Left is wrong. Labor and environmental rules and regulations drag a fund’s profitability. Investors become discouraged and then drop out of E.S.G. funds. The Show Runner plan to run the world through selection and dominate in commercial and financial institutions fields.
After some time, E.S.G. investing hits the reality wall. E.S.G. portfolios make smaller financial returns than non-ESG portfolios. Companies in the E.S.G. portfolios have worse compliance records for labor and environmental rules. Also, compliance with labor or ecological regulations is lower than non-ESG investments. E.S.G. scores of companies invested in by 684 U.S. institutional investors that signed the United Nation’s Principles of Responsible Investment (P.R.I.) improvement in the E.S.G. scores of companies held by P.R.I. signatory funds after their signing. Furthermore, the financial returns were lower and the risk higher for the P.R.I. signatories.
It has been discovered that some companies embrace E.S.G. to use it as a cover for poor business performance. Funds investing in companies that publicly embrace E.S.G. sacrifice financial returns without gaining much, if anything, to further E.S.G. interests. In other words, E.S.G. investments are a feel-good scam.
The beleaguered environmental, social, and governance (E.S.G.) investment sector has taken a pummeling from all sides. More companies than ever use E.S.G. reports to showcase their social consciousness. Very little consistency in E.S.G. rating agency assessments makes evaluating the E.S.G. performance of companies, funds, and portfolios tricky. E.S.G. is another travesty brought to by the New Left.
The E.S.G. scam kicked off in 2004. It has been on a downhill slide from day one. The New Left continues to virtue signal the program while pumping tax dollars into it in an ill-fated attempt to keep it alive. E.S.G. has sparked a feeding frenzy in the financial sector over the past few years. The fever peaked during last year’s U.N. Climate Change Conference when green finance was feted as a critical tool in the fight against climate change. Since then, it has lost almost all of its shine. Growth in E.S.G. investment products outpaced all other types of investments during the last few years. The ESG PLAN takes from the rich and gives to the poor. It is the centerpiece of The New Left’s wealth redistribution plan for third-world countries.
