Newly billionaire-endowed conservative activist who engineered the takeover of SCOTUS Leonard Leo is moving against "woke capitalism," some CEOs are supposedly discontented with ESG, as activists work to put a "pro-fossil fuel board member" on Exxon Mobil's board (lol), and Louisiana and South Carolina are divesting from BlackRock as a way of anti-virtue-signaling about "woke capitalism" (because it turns out conservative criticisms of activists calling for fossil fuel divestment aren't sincere).
But even as the anti-ESG movement fighting the finance industry's Environmental, Social and Governance measures designed to reduce investment risks is getting serious attention from elected officials, it's also living up to the Alex Jones Investing moniker.
For example, a bootlicking Daily Signal write-up of Oklahoma Governor Kevin Stitt's Fox News interview attacking standards that companies should not be racist, polluting and corrupt as "anti-American," did contain something of value: a link to Heritage's new ESG page, ESG Hurts.
It’s designed not for suit-and-tie Wall Street types, but instead to explain the issue to their base audience that they're definitely not condescending to with a buzzfeed-style "ESG Score" quiz to see if you'd be "canceled" by an "ESG social credit score" – an entirely made up conspiracy theory applying the financial regulatory lingo to a credit score concept. We took the quiz, but before we could get our score Heritage demanded an email address so they could send updates, sooo…
That's not the only attempt to mainstream the anti-ESG campaign. Over at the Federalist, even TV gossip is being pegged to ESG, with the issue being shoehorned into a story about Nextar Media Group buying The CW. "The WEF abused the pandemic to push for more globalist operations and it’s working," Jessica Maria Baumgartner warns. "The CW will no longer be a silly station offering campy content." Because as executives "leave, this opens up room for Nexstar to implement its equity values in hiring practices. Gone are the days when talent and hard work made the grade; now TV programming is all about politics and social credit scores designed to control the market and tell audiences what to think."
Again the social credit scores! An entirely made up concept, pushed by programs like — hey, wuddya know? — the Alex Jones Show! What a coincidence entirely predictable circumstance, the Infowars investing strategy also echoes the Infowars conspiracy theories!
And where does an Alex Jones approach get you? Fame and fortune in the short term, perhaps, but as of this week, lies admittedly more odious than social credit scores but no less a lie, which cost him nearly a billion dollars.
Food for thought!