Recently, Larry Fink, CEO of Blackrock, announced that he and his organization would no longer be using the term ESG (Environmental, Social, Governance), an investment strategy geared towards ‘responsible investing,’ which Blackrock helped to pioneer and promote. ESG offers investors a way to ‘responsibly invest (at least on paper) in companies who are environmentally and … Read more
Since the Floyd Riots of 2020, the left has promoted Diversity, Equity and Inclusion (DEI) programs as must-have credentials for woke corporations eager to show concern for “marginalized” minorities. DEI is marketed as a way to address racial discrimination in the corporate world with affirmative action hiring practices. The programs also include LGBTQ+ identifiers, feminists … Read more
Preparing for the dreaded “pride” month, many corporate firms promoted pro-LGBTQ products and events targeting all ages and even toddlers. Consumers reacted with unexpected rage and vigor that impacted corporate bottom lines. Most executives knew there were risks involved in these decisions and paid the consequences. For example, the Bud Light debacle featuring a transsexual … Read more
The “woke” movement often specializes in rewriting history. Its followers cast themselves as the long-suffering victims of “structural racism” that are often the figments of their overheated imaginations. They commonly forget that their campaigns usually begin in universities. Usually, those universities were founded and paid for by people that the “wokesters” despise. However, these leftists … Read more
It didn’t take long for Stanford University to make national news from a list of words that it issued in late December. Using the overblown rhetoric that universities love, the list was produced by the “Elimination of Harmful Language Initiative.” The coverage seems to dismay the masters of Stanford, who thought they were doing something … Read more
Vanguard is the world’s second-largest mutual and exchange-traded fund manager. It pioneered the concept of index funds and now manages trillions of investment dollars. As insinuated in its name, the firm has always been in the vanguard, the frontline, in the financial world, exploring new ways to improve opportunities for investors. Order Today: Return to … Read more
One persistent myth in today’s materialistic society is that money rules everything. Those wishing to understand why people act the way they do are told to “follow the money.” The lust for power and wealth trumps everything. However, there are more important things than money—even on Wall Street. Some liberal businessmen and investment management firms … Read more
The greatest enemy of America’s financial future is not any foreign nation, a government regulator or a dangerous ideologue. The existential threat to America today is the “woke” financial establishment. It is presently politicizing business and weaponizing investment in policies that will have a devastating effect on America and the world. Big business has always … Read more
The New York City public schools are developing a new “Universal Mosaic Curriculum.” The program was announced in July 2021. It’s scheduled to be implemented in 2023. They are burning through quite a lot of money to develop it. The New York Post reported that the budget is $202 million. According to the New York … Read more
The “woke” movement subscribes to a curious moral code. Its nature is unforgiving. Fall short in any way, and there is no road back. The acts in question may be recent or past, mistaken or deliberate—that does not matter. Absolution is impossible. At the same time, the woke reject any sense of responsibility. If caught … Read more
