Comments on: State Pulls Money from BlackRock Over ‘ESG’

By: DavidB

DavidB — Mon, 05 Dec 2022 14:19:13 +0000

“Stakeholder capitalism is not about politics,” Fink wrote. “It is not a social or ideological agenda. It is not ‘woke.’ It is capitalism, driven by mutually beneficial relationships between you and the employees, customers, suppliers, and communities your company relies on to prosper.”

BullCr@p.

What and incredible amount of lying that is going on regarding ESG metrics. It’s nothing more than a strong arm tactic by far left organization to manipulate companies into following Green rules for their climate change agenda.

Mikey & Socs, you are high as a kite if you think this isn’t all about politics.

By: Socrates

Socrates — Sat, 03 Dec 2022 04:30:18 +0000

To the contrary, it’s Patronis and DeSantis who put ideology before the common sense. And not for the first time. The honest non-ideological approach would be to compare the rate of return on Florida’s $2bln investment with BlackRock and
the remaining $58bln investments with others. Is BlackRock better, or worse, or the same in terms of return? Good luck finding the answer in Petronis’s purely ideological statement. I don’t know the specifics of Florida terms of investment but putting money with BlakRock is more profitable in most cases than with other Wall Street managers. Just think why did it grow rapidly to become the largest fund in the world? I don’t give a damn if it’s ESG or not ESG. Judging by BlackRock fortunes, ESG is apparently quite profitable. But that’s not what our Florida morons-in-power care about. They are too busy with cultural wars which they fight by sacrificing my future pension among others.

By: Vernon

Vernon — Sat, 03 Dec 2022 02:23:09 +0000

BRAVO!

By: Mike

Mike — Fri, 02 Dec 2022 21:13:29 +0000

A public call from a State retiree for Financial Class action lawyers to sue DeSantis and Patronis for violation of their Fiduciary Duty. ESG is NOT politics. It is RISK. . Only DeSantis would buy a coal-fired plant on a Lee county beach and build slave quarters for homeless Ian victims to work there.

By: Snidely Whiplash

Snidely Whiplash — Fri, 02 Dec 2022 15:22:43 +0000

It will be interesting to see if BlackRock issues some sort of statement or remains quiet. Yes its just a drop in the bucket of BlackRock’s trizillions of dollars. My bet is they ignore it totally and our wokester media mostly glosses over it if covered at all.

By: Mike L

Mike L — Fri, 02 Dec 2022 15:10:52 +0000

BlackRock, Apple, Google, GE, the NBA…they are all useful idiots of the Chinese Communist Party. Thank God for Jimmy Patronis and Ron DeSantis. We need to purge all the godless, gutless corporations that have forgotten what it means to be a an American.

By: Edward Lyle

Edward Lyle — Fri, 02 Dec 2022 14:56:56 +0000

Fighting back is the only way to battle these global and climate cult lunatics. CFO Patronis and our great Governor are but a few examples of solid common-sense leadership.

Well Done… Never Bow to the Cultists… Never Apologize to the Cultists… Never Fall Victim to the Cultists’ Extortion

By: A Skeptic

A Skeptic — Fri, 02 Dec 2022 14:49:25 +0000

The Social Security Ponzi scheme is broke and some really hard decisions are on the horizon. (First they’ll kick the can down the road, again, then they’ll hide the severity by stealing money from somewhere else. There will be no “fix”.)

Now the Biden administration is considering rules for 401(k) and IRA managers that allow them to invest client’s money according to woke priorities instead of the account holders’ best interests.

Glad to see Patronis looking out for these retirement funds, though retirement for many is already destined to be much tighter than a lifetime of work should provide.

By: William_Wallace

William_Wallace — Fri, 02 Dec 2022 14:05:52 +0000

We need more of this. Thank you CFO Patronis and Gov DeSantis for standing up for the citizens of Florida. As Gov DeSantis said ‘Florida is where woke goes to die’.

By: David T. Hawkins

David T. Hawkins — Fri, 02 Dec 2022 13:46:59 +0000

Thank you State Chief Financial Officer Jimmy Patronis for looking out for us. THIS is why I voted for you.