The ESG divestment grows: Florida takes $2 billion back from Blackrock
Good News: The best hope of unwinding the unholy alliance between Big-Money and Big-Government comes from the US States and they are starting to sink their teeth in.
BlackRock is the defacto Global Climate Police — but disguised as a monster investment fund. The way to break it is to expose that its primary interest is not in making money for its clients but as a Woke political tool.
BlackRock are able to intimidate most of the world with $10 trillion dollars in assets. They are effectively the third biggest “country” in the world by GDP. But it’s an illusion. They are wielding other people’s money — using their clients own pension funds to indirectly punish their own clients. And once those clients figure it out and pull their funds, BlackRock will become an empty shell. Couldn’t happen to a nicer company…
It’s a scam where BlackRock target legal corporations in states that voted to use fossil fuels to effectively undo what the voters wanted. A few months ago, 19 States in the USA started asking BlackRock and the US SEC some hot and hard legal questions. West Virginia announced they would boycott firms that boycott fossil fuels, and […]
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