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ESG is the CRT of BDS's because it's a three-letter acronym [1]

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Date: 2022-08-18

Divestiture becomes Investiture

DeSantis threatens to use Florida's pension funds to undermine #ESG investing. Because Floridians seem to love financial chaos, like Rick Scott’s attempt to raise tax everyone’s taxes.

When you try to marginalize “ESG” you are in favor of autocracy in the model of a proto-fascist DeathSantis and that previous guy, because the current GOP fashion is to whip LIVs into attacking the FBI even to the point of violence, even with their LIVGolf clubs.

x OMG - What is this?? Anti-ESG or AESG for short??



ESG was bad enough - this pretend outrage about how "woke" ESG is, is even worse!!



ESG is one many things that should be criticized, but only from the left, not the right! #ESG #DeSantis https://t.co/HPPerqcAnf — Leon Milner (@LeonMilner) August 18, 2022

(CNN) As soon as next week, Florida pension fund managers could be barred from considering the social impact of their financial decisions as Gov. Ron DeSantis opens a new front in his anti-"woke" crusade, this time focused on Wall Street and corporate CEOs. new draft rules posted Monday on the website of the agency that oversees Florida's pension fund, state investment managers can weigh only the risk or return of an investment when directing the state's $200 billion in assets. The directive is DeSantis' initial salvo against what he has called "ideological corporate power," and it follows efforts by other GOP state leaders that are targeting companies that venture into the political arena. Inposted Monday on the website of the agency that oversees Florida's pension fund, state investment managers can weigh only the risk or return of an investment when directing the state's $200 billion in assets. The directive is DeSantis' initial salvo against what he has called "ideological corporate power," and it follows efforts by other GOP state leaders that are targeting companies that venture into the political arena. DeSantis has criticized financial institutions and corporate executives for considering factors like systemic racism and economic inequality when making business decisions, a practice known as environmental, social and governance, or ESG, investing. In an episode of Glenn Beck's online show posted Saturday on YouTube, DeSantis told the conservative commentator that he expected the new rules to "make a big splash" when they pass. "We're a big pension system," DeSantis said, "and some of these businesses are going to have to choose between going down the ESG rabbit hole or being able to be invested with the state of Florida." The rules are expected to be voted on next Tuesday when DeSantis, Attorney General Ashley Moody and Chief Financial Officer Jimmy Patronis meet as the State Board of Administration. Moody and Patronis are also Republicans and are closely aligned with DeSantis. www.cnn.com/...

Darn that SSN, DoE, DoD… Darn that social responsibility, why not give up governance to a single strong party and leader like DJT, the very exemplar of neofeudal corporate governance like the Trump Organization, TRO (see Weisselberg).

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[1] Url: https://www.dailykos.com/stories/2022/8/18/2117474/-ESG-is-the-CRT-of-BDS-s-because-it-s-a-three-letter-acronym

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