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67
Vanguard divests from ESG funds: Vanguard "is not in the game of politics." & "Our research indicates that ESG investing does not have any advantage" (media.kotakuinaction2.win)
posted 3 years ago by dekachin 3 years ago by dekachin +67 / -0
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– ApexVeritas 4 points 3 years ago +4 / -0

Nobody with two braincells thought ESG was ever going to give ROI. It was nakedly ideological from the start.

Completely agreed. It's also connected to the culture war stuff. I follow a lot of Youtubers in that sphere (Nerdrotic, Az, Disparu, Critical Drinker, etc.), and the thing that irritates me about them is that they still think all the woke stuff in Hollywood, comics, gaming, government, etc. is due to incompetence and stupidity. Nerdrotic has an in depth knowledge of conspiracy theories, so why he still refuses to see the clear connections between all of this stuff to globalism, is even more irritating.

Globalists have infiltrated, captured, and corrupted, almost every sector of society. Schools, school curriculums, books (most school books used were owned and printed by Ghislaine Maxwell's dad), government (Democrats and Republicans), governmental oversight organizations, banks, Hollywood, the news (left and normie right), mainstream social media, NGOs, and so on. Schools were one of the first things they infiltrated. See Yuri Bezmenov for more info (lots of Youtube interviews with him). He was a former KGB operative under the Soviet Union who defected to the U.S., and tried to lie low, but began to notice the same things happening in the West that happened in the Soviet Union, and began to speak out to warn people of the danger. He said that it only takes 15 years to completely subvert a country, because that's how long it takes to indoctrinate a new generation of kids through the government controlled school system.

In any case, back to the culture war, the woke stuff isn't being driven by incompetence. It's maliciousness. If all of this was due to incompetence, we'd see variance in message. We don't. The exact same propaganda, messaging, and policy is being put out by every single entity controlled by the globalists. It's also not being driven by greed. We've known, and they've known, for decades now, that woke stuff makes less money, in the news and Hollywood. If this was about money, they would've changed tunes a while ago. Thus, this is willfully malicious. They're willing to look stupid and make less money by pushing their propaganda.

However, it's not like they'd ever go bankrupt. They launder trillions of dollars in money every year. Banks print fake money and earn interest on it. The Fed prints money and increases inflation on the people while increasing their net worth. Where does that money go? We have trillion dollar plus spending bills. Where does all that money go? We spend hundreds of billions on "foreign aid". Where does all that money go? It's being laundered and used to fund their pet projects. Notice how, under Covid, when the movie theaters were in financial trouble because Hollywood was doing so poorly, that the U.S. government bailed them out? Can't have a medium of globalist propaganda go out of business.

Furthermore, one of the philosophical tenets of globalists is that they're antithetical to merit. Merit is one of the foundational philosophical principles of Western civilization, which is why they have to undermine and destroy it. That's why they push affirmative action, diversity quotas, forced egalitarianism, forced equity, and forced inclusion, to push White people, especially White men, out of jobs and entire sectors of the economy. Due to this, globalists naturally have incompetent minions pushing their malicious propaganda and policies, which shows as stupidity at the surface level. But, anyone with a brain can recognize the underlying patterns.

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