Wall Street Week 02/16/2024

In this edition of Wall Street Week, Lawrence H. Summers, the former Treasury Secretary & Wall Street Week contributor, tells us why he thinks there is a meaningful chance that the Fed's next move could be upwards. Lisa Erickson, US Bank Wealth Management Head of Public Markets Group (TK). Robert Steel, Perella Weinberg Vice Chairman, tells us about the budget challenges facing New York and other cities around the country, and Richard Haass, Centerview Partners Senior Counselor & Council on Foreign Relations President Emeritus tells us how foreign policy could affect the elections this year.

Ray Dalio Predicts A Horrible Economic Crisis Where EVERYTHING WILL COLLAPSE

Ray Dalio has studied the last 500 years of history and economic cycles. He explains where we are now, and covers a wide range of topics regarding the world economy and the United States position. Share your thoughts in the comments below and enjoy the analysis from one of the world’s greatest investors! Raymond T. Dalio is an American billionaire investor. He founded the world's largest hedge fund, Bridgewater Associates, in 1975. The firm serves institutional clients including pension funds, endowments, foundations, foreign governments, and central banks with $140 billion under management. Ray has also written the book "Principles: Life & Work" about investment philosophy and corporate management, and other great ones worth reading.

Heard on the Street: Hamas Leaders Made Billions from October 7 Attack

SEE: https://www.jihadwatch.org/2023/12/heard-on-the-street-hamas-leaders-made-billions-from-october-7-attack;

Republished below in full unedited for informational, educational, & research purposes.

Imagine the high old time those Hamas killers had on October 7. Not only could they have fun beheading babies, burning children alive, raping, torturing, and murdering girls, gouging out the eyes, and cutting off the genitalia, of men, and slicing off the breasts of women, murdering parents in front of their children and children in front of their parents. They could also take videos of each other in “can you top this” mode as they thought up something still more savage to inflict on their victims, and share a good-humored laugh about it all with their pals, as they carried back to Gaza not just men to be tormented and girls passed around as sex slaves, but also some severed heads as trophies. But as if all that weren’t fun enough, there was even more pleasure to be experienced by the Hamas leaders in Doha — and perhaps by their paymasters in Tehran as well — who made billions of dollars off the blood-soaked savagery of their frenzied bezonians, as spooked stock markets plummeted downward just as soon as the news broke of the Hamas attack. Here’s the latest news on how Hamas insiders made, in every sense, a killing: “‘Informed Traders’ May Have Profited From Oct. 7 Massacre With Advance Stock Market Activity, Study Finds,” by Troy O. Fritzhand, Algemeiner, December 4, 2023:

Stock traders may have profited massively off the Hamas terror group’s Oct. 7 massacre across southern Israel by using advanced knowledge of the onslaught to short sell Israeli companies in the days leading up to the surprise invasion, according to a new study by US researchers.

The study — titled “Trading on Terror?” — was published in the SSRN journal by Robert J. Jackson, Jr. of the New York University School of Law and Joshua Mitts of Columbia Law School. The researchers concluded that traders who apparently had prior knowledge of the Oct. 7 terrorist attacks made billions of dollars.

“Informed traders increasingly disguise trades in economically linked securities such as exchange-traded funds (ETFs). Linking that work to longstanding literature on financial markets’ reactions to military conflict, we document a significant spike in short selling in the principal Israeli-company ETF days before the Oct. 7 Hamas attack,” the study stated. “Our findings suggest that traders informed about the coming attacks profited from these tragic events, and consistent with prior literature we show that trading of this kind occurs in gaps in US and international enforcement of legal prohibitions on informed trading.”

The researchers noted that short selling on Oct. 7 “far exceeded” the short selling that occurred during other recent periods of crisis, such as the Great Recession of 2007-2009, the 2014 Gaza war, and the COVID-19 pandemic. The study added that there was no major rise in short selling before the Israeli government passed controversial judicial reform legislation in July, after which stock prices dropped.

However, “we identify increases in short selling before the [Oct. 7] attack in dozens of Israeli companies traded in Tel Aviv,” the paper said. “For one Israeli company alone, 4.43 million new shares sold short over the Sept. 14 to Oct. 5 period yielded profits (or avoided losses) of 3.2 billion NIS on that additional short sale.

Short selling is when a trader borrows shares and sells them, hoping the price will then fall so they can buy them back for cheaper [sic].

“Although we see no aggregate increase in shorting of Israeli companies on US exchanges, we do identify a sharp and unusual increase, just before the attacks, in trading in risky short-dated options on these companies expiring just after the attacks,” the study found. “We identify similar patterns in the Israeli ETF at times when it was reported that Hamas was planning to execute a similar attack as in October.”

One of the biggest days of short selling occurred on Oct. 2. Given how “unusual” their findings were, the researchers wrote it was “extremely unlikely that the volume of short selling on Oct. 2 occurred by random chance.”…

Taken together, this evidence indicates that the volume of short selling observed over the days immediately prior to the Hamas attack was extraordinarily high and unlikely to have been explained by bona fide market making, because that should have been accompanied by high volumes of purchases to offset those short sales — if not on the same day, certainly very quickly,” the study found. “Otherwise, the market maker would be exposed to directional movements in the stock price.”

Just three leaders of Hamas have over the years stolen eleven billion dollars in foreign aid meant for the people of Gaza: Ismail Haniyeh and Mousa Abu Marzouk both have fortunes of $4 billion, and Khaled Meshaal clings to his $3 billion. But if they could make another few billion by shorting Israeli stocks just before October 7 — or even other stocks, too, such as those that make up the S & P 500, because they not merely knew about, but had planned the October 7 attack — hey, why not? What’s not to like?

House Committee Launches Investigation Into BlackRock And MSCI

House Committee Launches Investigation Into BlackRock And MSCI

FILE PHOTO: The BlackRock logo is pictured outside their headquarters in the Manhattan borough of New York City, New York, U.S., May 25, 2021. REUTERS/Carlo Allegri/File Photo
The BlackRock logo is pictured outside their headquarters in the Manhattan borough of New York City, New York, U.S., May 25, 2021. (Photo via REUTERS/Carlo Allegri/File Photo)

OAN’s Noah Herring
5:10 PM – Wednesday, August 2, 2023

SEE: https://www.oann.com/newsroom/house-committee-launches-investigation-into-blackrock-and-msci/;

Republished below in full unedited for informational, educational, & research purposes.

The House Select Committee on Strategic Competition between the United States and the Chinese Communist Party (CCP) have announced that they are launching an investigation into BlackRock, the world’s largest asset manager, and MSCI, one of the world’s largest providers of index funds. 

The committee reportedly sent letters to BlackRock CEO Larry Fink and MSCI CEO Henry Fernandez on Monday notifying them that it is launching an investigation regarding their affairs with certain Chinese companies.

“Our review has shown that, as a direct result of decisions made by MSCI, these Americans are now unwittingly funding PRC companies that develop and build weapons for the People’s Liberation Army (PLA)—the PRC’s military—and advance the CCP’s stated mission of technological supremacy,” wrote the Select Committee’s Chairman, Rep. Mike Gallagher (R-Wis.), and its ranking member, Rep. Raja Krishnamoorthi (D-Ill.).

The letter further indicated that by sending large amounts of money to companies linked to the Chinese military and human rights abusers, BlackRock and MSCI are “exacerbating an already significant national security threat and undermining American values.” 

The committee claimed that BlackRock invested more than $429 million across five funds linked to Chinese companies that “act directly against the interests of the United States.” 

They also found at least 40 companies listed on the MSCI indexes that are on governmental “red-flag” lists.

“The majority of our clients’ investments in China are through index funds, and we are one of 16 asset managers currently offering U.S. index funds investing in Chinese companies,” BlackRock said in a statement. “With all investments in China and markets around the world, BlackRock complies with all applicable US government laws. We will continue engaging with the Select Committee directly on the issues raised.”

MSCI indicated that they have complied with all U.S. laws and are currently in the process of reviewing the committee’s request for information. 

Stay informed! Receive breaking news blasts directly to your inbox for free. Subscribe here. https://www.oann.com/alerts

Rep. Victoria Spartz BLASTS Blackrock and COMMUNISM in WARNING About Administrative State

Congresswoman Victoria Spartz immigrated to the United States in the year 2000. She grew up in Ukraine, met her husband Jason on a train in Europe, became a US Citizen, and worked her way up from being a bank teller to a CPA, finance executive, successful business owner, and Indiana State Senator. Now, she serves on the U.S. House of Representatives Judiciary Committee, where she is one of the loudest voices speaking out against the Administrative State, Communism, and the Influence of Mega Corporations like Blackrock and their takeover of the global economy.

Target Loses $9 Billion in Market Value After Boycott

Target Loses $9 Billion in Market Value After Boycott

BY MATT MARGOLIS

SEE: https://pjmedia.com/news-and-politics/matt-margolis/2023/05/25/target-loses-9-billion-in-market-value-after-boycott-n1698079;

Republished below in full unedited for informational, educational, & research purposes.

Target has faced enormous criticism for its recent efforts to cater to the transgender community in recent weeks after the national retailer introduced a “Pride collection” across its stores, featuring merchandise, clothing, and books promoting transgender-friendly messages and leftist gender ideology. What made this particularly troubling was that the products were not just for adults but also for young children and babies. Target also ensured that these products were prominently displayed at the front of its stores, forcing everyone who entered to be exposed to its rainbow-colored propaganda.

In response to the mounting backlash, Target held an emergency meeting and instructed certain store locations, mainly in rural Southern areas, to relocate and reduce the size of their Pride sections to avoid a situation similar to the Bud Light controversy.

“I think given the current situation with Bud Light, the company is terrified of a Bud Light situation,” a Target insider said.

Well, it looks like they couldn’t contain the damage. Just a week ago, Target’s stock closed at $160.96 per share, resulting in a market capitalization of $74.3 billion. However, early trading on Thursday showed a 1% decrease, with shares trading at $141.76. As a result, the market value has fallen to $65.3 billion — a 12% drop and a staggering loss of $9 billion in market capitalization.

Boycotts are generally seen as ineffective for various reasons. However, the boycott of Anheuser-Busch and Bud Light, prompted by their controversial partnership with Dylan Mulvaney, a TikTok influencer who pretends to be a girl, defied precedent. The boycott resulted in a significant decrease in demand for Bud Light, with sales down more than 28%. Anheuser-Busch has lost a reported $16 billion in market value since the boycott began. Now, the Target boycott appears to have had a similar impact on its business as the Bud Light boycott.

Anheuser-Busch is desperately trying to repair the damage done to its brand, and so far, those efforts have been unsuccessful. Will Target have a similar mea culpa in light of its stock tanking?

At the moment, the answer is no. The CEO of Target, Brian Cornell, recently expressed that he thinks going woke is good for the company.

“I think those are just good business decisions, and it’s the right thing for society, and it’s the great thing for our brand,” Cornell said. “The things we’ve done from a DE&I [diversity, equity, and inclusion] standpoint, it’s adding value.”

He added, “It’s helping us drive sales, it’s building greater engagement with both our teams and our guests, and those are just the right things for our business today.”

Will Cornell think differently after what’s happening to Target’s stock?

Related: We Haven’t Won Against Target Yet

Not yet. According to an internal company email, Target is still woke as ever, transitioning (see what I did there?) from its sadness over the backlash to its pride collection to acknowledging the three-year anniversary of George Floyd’s death and offering resources to employees who might need some emotional support.

“Yesterday was a very hard day for Target, and as CEO Brian Cornell said, thank you for the care you’ve shown each other, our frontline teams, and the LGBTQIA+ community,” the email began. “Today brings more reflection, pain, and the need for continued care as our team, hometown, and world remember the anniversary of the murder of George Floyd. As you make space to take care of yourself and each other, know that you can always tap into these tools from Team Member Life Resources, and as Mental Health Awareness Month continues, turn to the Take Five to Take Care hub for more well-being support.”

Unlike Anheuser-Busch, Target clearly hasn’t realized it made a mistake. The company fully endorses wokeism and believes it’s the company’s future. It’s going to take a lot more to change the culture of Target.

Hunter’s firm sought Irish government investments during Biden’s vice presidency

FOX Business's Maria Bartiromo, Newsweek deputy opinion editor Batya Ungar-Sargon and Bullseye American Ingenuity Fund portfolio manager Adam Johnson discuss the 'flagrant' disregard from President Biden by bringing Hunter Biden to Ireland as new emails surface regarding his son's business dealings.

The BANK meltdown just got worse, entire system downgraded to NEGATIVE

"Are all U.S. banks in trouble because some of them are? That is what Moody’s thinks. Moody’s Investors Service announced that it cut its outlook on the entire U.S. banking system from “stable” to “negative.” Yikes. This is a rare admission that the U.S. banking system is fundamentally intertwined. Moody’s says that even banks that have not failed still have “unrealized losses” and “uninsured depositors” that may be at risk. Yet somehow the U.S. stock market rallied on Tuesday, perhaps because the U.S. inflation number was the lowest we’ve seen in a year at 6%."

GOP rep. exposes ‘underlying cause’ of SVB’s collapse~Biden admin is ‘built upon a lie’ causing ‘disasters everywhere’~Why The US Banking System Is BREAKING UP!!!~BANK Stocks COLLAPSE After Biden Says Banking System ‘Sound’

Rep. Andy Barr, R-Ky., discusses the impact of Silicon Valley Bank's collapse and slams President Biden’s response on ‘Mornings with Maria'.

Biden admin is 'built upon a lie' causing 'disasters everywhere'

DR. STEVE TURLEY: Why The US Banking System Is BREAKING UP!!!

BANK Stocks COLLAPSE After Biden Says Banking System 'Sound'

Pelosi sold off $3,000,000 of Google stock weeks before DOJ launched antitrust probe

BY ROBERT SPENCER

SEE: https://www.jihadwatch.org/2023/01/what-a-coincidence-pelosi-sold-3000000-of-google-stock-weeks-before-doj-launched-antitrust-probe;

Republished below in full unedited for informational, educational, & research purposes.

The corruption is so thick in Washington that you need wings to stay above it.

“Convenient Timing: Pelosi Sold $3 Million of Google Stock Weeks Before DOJ Launched Antitrust Probe,” by Chuck Ross, Washington Free Beacon, January 25, 2023:

Rep. Nancy Pelosi (D., Calif.) and her multimillionaire husband sold up to $3 million in shares of Google in recent weeks—just before the Biden Justice Department launched an antitrust probe of the tech giant.

Paul Pelosi sold 30,000 shares of Google from Dec. 20 to Dec. 28, according to a financial disclosure filing the former House speaker submitted to the House Ethics Committee. The Pelosis made an undisclosed profit from the investments, according to the filing.

The trade proved timely. On Monday, the Justice Department and attorneys general from eight states—including California—sued Google over its monopoly on the digital ad market. The lawsuit could force Google to break up its online ad business, which generated nearly $55 billion in revenue for the company in the most recent quarter. Google’s stock has dropped around 6 percent since the Justice Department announced the lawsuit….

They saved roughly $600,000 in June by selling shares of microchip maker Nvidia weeks before the U.S. government placed restrictions on the company’s business in China and Russia. The Pelosis have seen their fortune grow $140 million since 2008, thanks largely to Paul Pelosi’s stock trades, according to a Washington Free Beacon analysis….

Sen. Josh Hawley (R., Mo.) on Tuesday introduced the Preventing Elected Leaders from Owning Securities and Investments Act—the PELOSI Act—to prohibit members of Congress and their spouses from owning or trading individual stocks.

“For too long, politicians in Washington have taken advantage of the economic system they write the rules for, turning profits for themselves at the expense of the American people,” Hawley said. “As members of Congress, both Senators and Representatives are tasked with providing oversight of the same companies they invest in, yet they continually buy and sell stocks, outperforming the market time and again.”…

Trump Was Right: Joe Biden Destroyed the Stock Market

BY MATT MARGOLIS

SEE: https://pjmedia.com/news-and-politics/matt-margolis/2022/12/31/trump-was-right-joe-biden-destroyed-the-stock-market-n1657546;

Republished below in full unedited for informational, educational, & research purposes.

You probably don’t need me or anyone else to tell you that 2022 was a brutal year for your stock portfolio. If you were planning to retire in 2023, you may want to put it off, as it may be a while before your retirement fund recovers. It turns out that 2022 was the worst year for the stock market since 2008. You remember the financial collapse in 2008, right?

In 2022, the S&P 500 lost 19.44%, the DOW lost 8.78%, and the NASDAQ lost 33.10%.

Let’s go Brandon!

Last year, Joe Biden was quick to take credit for any positive economic news (which was really the result of the economy reopening after the COVID shutdowns), including the stock market’s rise.

“[The stock market] has hit record after record after record on my watch, while making things more equitable for working-class people,” Biden said back in January 2022.

Related: Alibi Biden Didn’t Inherit a Bad Economy, He Created One

Will he take credit for the current state of the stock market?

It’s worth noting here that Donald Trump predicted the stock market would crash under Biden. Once again, he was right.

Deep state money supply: FTX, the collapsed crypto exchange, funded the “TOGETHER Trial” to discredit ivermectin

Image: Deep state money supply: FTX, the collapsed crypto exchange, funded the “TOGETHER Trial” to discredit ivermectin

BY ETHAN HUFF

SEE: https://www.naturalnews.com/2022-11-15-ftx-crypto-funded-together-trial-discredit-ivermectin.html;

Republished below in full unedited for informational, educational, & research purposes.

(Natural News) Remember that infamous New England Journal of Medicine (NEJM) study that declared ivermectin to be an ineffective remedy against the Wuhan coronavirus (Covid-19)? It turns out that the now-defunct cryptocurrency exchange FTX helped pay for it.

On May 16, the FTX Foundation issued a press release “proudly” announcing financial support for the “global expansion of the TOGETHER Trial,” as they called it, the lead investigators of which were awarded that very same day the prestigious Trial of the Year Award from the Society for Clinical Trials (SCT) in San Diego.

“Each year the SCT presents one award for a randomized clinical trial published the previous year that best exemplifies five key criteria including improvements to humankind and provides a basis for substantial and beneficial changes to health care,” the press release states.

“The TOGETHER Trial is the largest placebo-controlled COVID-19 trial and has, so far, evaluated 11 different treatments for COVID-19. On May 16, the TOGETHER trial receives the award and announces more than $18 million in funding and purchase commitments from the FTX Foundation that will enable the expansion of the trial from Brazil and Canada, to include experienced sites in South Africa, Rwanda, the Democratic Republic of the Congo, the Bahamas, Pakistan, Vietnam, and Ghana.”

The press release goes on to feature quotes from several lead investigators as well as employees at the FTX Foundation, all of whom celebrated and praised each other for this “achievement”. (Related: Other research out of Brazil found that ivermectin helps reduce the risk of covid death by 92 percent.)

Did FTX steal crypto investors’ money to fund corrupt studies like the TOGETHER Trial?

David Henderson of EconLog critiqued the FTX-funded anti-ivermectin study and found that “it is not nearly as conclusive and persuasive as the two doctors’ quotes and other media coverage would lead us to believe.”

It turns out trial participants actually did benefit from the use of ivermectin, which in many other countries is available as an over-the-counter medication similar to aspirin. Only in the United States and other heavily globalist-controlled countries is ivermectin prescription-only or not available at all due to political pressures.

Henderson explains that the study’s methodology was flawed because prospective patients who were sick with covid and actually wanted ivermectin shied away from it because of the 50-50 chance that they would end up with a placebo instead.

“Further, those who wanted ivermectin likely would have had a serious case of COVID; hence their desire for the drug,” he says. “Therefore, we can assume that the trial participants skewed toward those who considered themselves at low risk from the illness. This conflicts with the stated goal of the trial, which was to study high-risk patients.”

None of this ended up mattering, though, as the globalists behind the TOGETHER Trial produced the results they wanted. And the FTX Foundation is a big reason why that happened, as the organization presumably stole crypto investors’ money to supply the cash needed to make it happen.

Since we now know that FTX head Sam Bankman-Fried bilked investor cash to funnel it into Ukraine and ultimately the Biden regime and other Democrats, it is hardly a stretch to assume that the same criminality was used to fund this anti-ivermectin trial, and possibly other studies as well.

“Criminal charges need to be brought to those responsible for shutting down doctors from helping their patients during the pandemic,” wrote a commenter about the anti-ivermectin agenda and everyone behind it, including Bankman-Fried and his FTX scam.

More related news about the collapse of FTX and other criminality in the financial world can be found at Collapse.news.

Sources for this article include:

Yahoo.com

NaturalNews.com

EconLib.org

PayPal Stock Plummets After Telling Users It Will Fine Them for “Misinformation”~PayPal Did NOT Back Down, STILL Threatens $2,500 Fines for Promoting ‘Hate’ and ‘Intolerance’

BY ROBERT SPENCER

SEE: https://pjmedia.com/news-and-politics/robert-spencer/2022/10/10/paypal-did-not-back-down-still-threatens-2500-fines-for-promoting-hate-and-intolerance-n1635846

Republished below in full unedited for informational, educational, & research purposes.

The story was shocking: As PJM’s Rick Moran stated Saturday, “The financial services company PayPal announced a controversial policy to deduct up to $2,500 from the accounts of users who spread ‘misinformation.’” But as the news of this astonishing plan circulated far and wide, PayPal experienced a swift backlash in the form of a blizzard of account cancellations, and quickly backed down, claiming that the announcement went out “in error” and adding: “PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy.” That’s terrific, or would be if it weren’t for the fact that PayPal’s current Acceptable Use Policy still threatens $2,500 fines per infraction for promoting “hate” and “intolerance” — language the Left regularly uses to characterize (and demonize) speech that is critical of its insane policies.

Eugene Volokh pointed out Sunday that PayPal’s Acceptable Use Policy, which was last updated on Sept. 20, 2021, warns the unfortunate PayPal user that “you must adhere to the terms of this Acceptable Use Policy,” or else: “Violation of this Acceptable Use Policy constitutes a violation of the PayPal User Agreement and may subject you to damages, including liquidated damages of $2,500.00 U.S. dollars per violation, which may be debited directly from your PayPal account(s) as outlined in the User Agreement (see ‘Restricted Activities and Holds’ section of the PayPal User Agreement).”

Click on that “Restricted Activities and Holds” section, and you’ll find a long list of “you must nots,” including the expected prohibitions of fraud, selling counterfeit goods, and the like. But included on the list of things you must not do is “Provide false, inaccurate or misleading information.” False, inaccurate, or misleading in the eyes of whom? Why, of PayPal’s Leftist hall monitors, of course, and no one else, including the person PayPal accuses: “If we believe that you’ve engaged in any of these activities, we may take a number of actions to protect PayPal, its customers and others at any time in our sole discretion.” No one else’s. You’ll have no appeal, no recourse, and no opportunity to present your side of the story.

And among the “Prohibited Activities” listed on the Acceptable Use Policy page, you’ll find forbidden “the promotion of hate, violence, racial or other forms of intolerance that are discriminatory or the financial exploitation of a crime.” No problem, eh? You have never engaged in or ever plan to engage in any promotion of hatred, violence, or intolerance, so you’re in the clear, right? Wrong. Leftists routinely accuse patriots of promoting hate: Wanting a secure southern border is promoting hate. Not wanting to see our schools become platforms for genuinely hateful and false race grievance propaganda is promoting hate. Disagreeing with the Leftist dogma that Islam is a religion of peace is promoting hate. Not believing that Jan. 6 was an insurrection or that Donald Trump is a traitorous Russian puppet is promoting hate.

Related: [UPDATED] Could PayPal Policy Allow Them to Deduct Up to $2,500 From Your Account for Spreading ‘Misinformation’?

And so what PayPal’s still-in-force Acceptable Use Policy is saying is that at PayPal’s sole discretion, it can decide to start fining wrong thinkers and taking thousands of dollars from your account for the sole reason that you don’t toe the Left’s political line. PayPal backed down on fining you for spreading “misinformation,” but few people seem to have noticed at all that it still threatens to fine you for “hate” and “intolerance.” Don’t like drag queens sexualizing primary school children? If a PayPal wonk decides that’s “intolerance,” you could be out $2,500, and remember, that’s just for one infraction alone. If you dare to express your dissent more than once, you could be into PayPal for tens of thousands of dollars.

Can they do this? Will they do this? That depends on who wins the game of judicial roulette. Will a case challenging this get heard by a judge appointed by Obama or Biden, or by one whom Trump appointed? PayPal’s Acceptable Use Policy is one indication of why Leftists are so avid to pack the Supreme Court and so incandescently enraged with Justices Gorsuch, Kavanaugh, and Barrett. Give the Left a Supreme Court majority, and the ruling will come that PayPal is a private company that need not be bound by First Amendment considerations, and is free to put political pressure on its users however it may wish to do so.

It’s certainly time to ditch PayPal. But make no mistake: PayPal is not alone in this. They’re just out front on it. Before too long, every one of the social media giants and financial services will have similar policies, unless there comes to be such a change in the American customer base that these massive corporations see that woke fascism simply isn’t profitable for them, as tens of thousands of people, or more, stop using their services. That part is up to us.

 

Louisiana pulls in its $800 million account from leftwing Blackrock FOR ITS ANTI-FOSSILE FUELS POSITION

Left-wing money managers are running trillions of dollars in public pension funds. They are using those funds to push their political agenda. One America's Neil W. McCabe spoke to the Treasurer of Louisiana to see how he's fighting back.

SEE: https://thenewamerican.com/louisiana-divests-from-blackrock-over-esg-policies-that-would-destroy-louisianas-economy

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