"Socialist... BlackRock’s ESG ['environmental, social, and governance (ESG)'] violates the fiduciary rules of their respective states" & gives the orders to the Biden Regime
Does the BlackRock’s ESG [environmental, social, and governance (ESG)] violates the fiduciary rules of their respective states and gives the orders to the Biden regime?
The Epoch Times reported "leftist progressive groups are pushing forward environmental, social, and governance (ESG) standards on companies and investments, claiming that such standards will benefit society. Andy Puzder, a visiting fellow at The Heritage Foundation and author of “The Capitalist Comeback,” warns that ESG is simply socialist ideologies being falsely presented as the free market":
When a small hedge fund wanted to put environmentalists on the board of directors of oil-giant Exxon-Mobil, Vanguard and BlackRock voted along with the hedge fund. The founder of the fund was from BlackRock, Puzder said. As a result of the vote, there are now environmentalists sitting on the board of Exxon-Mobil, having a say in the future of the oil firm.
“Nobody can rationally think that that’s going to improve the profitability of an oil company, the time when oil [prices are] shooting through the roof. I mean, it doesn’t make any sense. So that’s not marketing. That’s oppression, that’s socialist, that’s elites deciding what we should and shouldn’t do,” he said.
Big financial firms are legally obliged to fulfill their fiduciary duty, which is that these companies must invest people’s money in the best interests of their investors. State attorneys general from 19 states recently issued a letter which stated that BlackRock’s ESG agenda violates the fiduciary rules of their respective states.
But BlackRock has “more money than God,” Puzder said. This allows the company to hire the best lawyers in the world. In response to the attorneys’ letter, BlackRock justified how it complies with fiduciary rules thanks to its cohort of such lawyers, he said.
He also praised Ron DeSantis, Florida’s Republican governor, for taking a “really strong position” on the ESG issue.
Last month, for example, DeSantis and the trustees of the State Board of Administration passed a resolution which instructed the state’s fund managers to desist from making investments based on ESG ideologies. [https://www.theepochtimes.com/esg-is-simply-a-socialist-plot-by-a-group-of-corporate-elites-disguised-as-free-market-andy-puzder_4739820.html?utm_source=Morningbrief&utm_campaign=mb-2022-09-20&utm_medium=email&est=Xf9EYGJe90bu0K0esZoGPaoC22C7dV5Y1RY5Peko%2FcAkyypgrBAM79q14yKo]
Mark Wauck, a retired FBI special agent and RealClear Politics as well as American Thinker contributor, has written on who gives the orders to the Joe Biden regime:
The main topic is one that should be near and dear to Sundance’s heart. Red State has run an investigative article by The Heartland Institute that draws attention to the secretive—and, by normal standards, conflicted—dealings of BlackRock with the Zhou [Biden] regime:
The White House’s Secret Meetings With BlackRock Are a Major Threat to Freedom
For anyone not in the know, here’s the short version of what BlackRock is—with the proviso (unmentioned in the article) that BlackRock is tightly integrated with the World Economic Forum (WEF)—the globalist Davos crowd who are heart and soul behind the war on Russia. You need to keep that integration in mind and the focus on Russia as you read:
BlackRock controls more assets than any other investment management firm on Wall Street, with about $10 trillion now under management. (Yes, that’s “trillion” with a “t.”)
BlackRock has used much of this wealth to seize control of sizeable minority stakes in numerous publicly traded companies, making BlackRock and its CEO, Larry Fink, the most powerful forces in corporate America. When BlackRock and Fink speak, Wall Street listens.
BlackRock famously uses its leverage to enforce “ESG investing” policies on corporations—that’s Environmental, social, and corporate governance:, which summarizes the WEF’s corporatist or neo-fascist model of global domination:
Environmental, social, and corporate governance (ESG) is an approach to evaluating the extent to which a corporation works on behalf of social goals that go beyond the role of a corporation to maximize profits on behalf of the corporation's shareholders. Typically, the social goals advocated within an ESG perspective include working to achieve a certain set of environmental goals, as well as a set of goals having to do with supporting certain social movements, and a third set of goals having to do with whether the corporation is governed in a way that is consistent with the goals of the diversity, equity, and inclusion movement.
Ever wonder why June is the biggest month of the year for corporations, most of which can be strongarmed through BlackRock by the WEF and George Soros’ Open Society outfit? Right. BlackRock uses its stakeholder status to get its own people on corporate boards.
Of course, all of this means that BlackRock has a major interest not only in economic matters in the US but globally. When you’re talking about trillions of dollars in assets you’re likely looking for more than just an occasional heads up—ideally you’d like not only a heads up but also a voice in policy formulation. That’s the “governance” part, and that’s what the Heartland Institute piece explains, simply by laying out the personal interconnections between Tom Donilon and the Zhou regime. I shouldn’t have to explain who Tom Donilon is to any Sundance readers. However, I’ve excerpted a good chunk to make it basically clear. Do yourself a favor and read it all, at the link. One final caveat—I’m not pretending that this setup is somehow unique to probably the most corrupt administration in US history. This is about how the US is run. It’s not run by We the People. Maybe we’re more sensitive about these matters, and less naive:
…
According to an investigation of White House visitors logs, Thomas E. Donilon — chairman of the BlackRock Investment Institute (BII), BlackRock’s personal think tank dedicated to assessing geopolitical investment risk — met with Biden administration officials at least eight times from March 2021 to November 2021, and perhaps on other occasions as well. ...
...
Donilon has been an important figure in U.S. foreign policy for many years. Most recently, he served under President Barack Obama as his national security advisor. He also worked for Hillary Clinton’s 2016 presidential campaign and was reportedly on Biden’s short list of nominees to become the next CIA director.
In large part because of his extensive experience in government, and likely because of his connections to establishment Democrats, BlackRock hired Donilon to be its chairman of BII, which, according to BlackRock’s website, “leverages the firm’s expertise and generates proprietary research to provide insights on the global economy, markets, geopolitics and long-term asset allocation – all to help our clients and portfolio managers navigate financial markets.”
In other words, Donilon’s job is to help BlackRock clients make money and protect their assets by having access to important information about foreign affairs, geopolitics, etc. Of course, such insights would be greatly enhanced by insider knowledge provided by White House staff. ...
Beginning in March 2021, just two months after Biden entered the White House, Donilon started to meet with Biden administration officials. He met multiple times with special assistants to the White House Office of Cabinet Affairs Thomas Isen and Sanam Rastegar, and he also met once with Sezaneh Seymour, the deputy national security advisor for cyber and emerging technology at the National Security Council.
Donilon has also conducted at least four one-on-one meetings with Kimberly Lang, a figure we know very little about. Lang is strangely absent from the official Annual Report to Congress on White House Office Personnel dated July 1, 2021, despite having held meetings since Biden’s first week in office. However, federal payroll records suggest that Lang worked alongside Biden and Donilon in the Obama administration’s National Security Council.
Despite her relative anonymity, White House visitor logs show Lang regularly holds meetings, often privately, with top foreign policy and national security elites, including experts on geopolitical affairs, nuclear threats, terrorism, and economic sanctions. Some of her notable visitors have included William Burns, director of the Central Intelligence Agency; James Stavridis, former NATO Supreme Allied Commander Europe and current managing director of the Carlyle Group; and Colin Kahl, U.S. undersecretary of defense.
Further, according to emails obtained from WikiLeaks, Donilon and Lang were in contact while Donilon served as national security advisor, when he ran the National Security Council to which Lang has since been linked. Lang was closely apprised of Donilon’s whereabouts, often directly communicating with him in addition to powerful government officials such as former Secretary of State Hillary Clinton and current National Security Advisor Jake Sullivan.
This evidence appears to show that Donilon, an expert in foreign policy, is secretly meeting with well-connected national security staff in the Biden White House while also working for BlackRock in a position where he is responsible for using geopolitical and foreign policy information to help investors get a good financial return.
...
Incredibly, as bad as these connections seem to be, Donilon’s links to the Biden administration run even deeper. Mike Donilon, a senior advisor to the president, is Thomas Donilon’s brother. Mike has been a longtime supporter of Biden’s, even serving as his chief strategist throughout the 2020 presidential campaign.
Until earlier this year, Thomas Donilon’s wife, Cathy Russell, was the director of the Presidential Personnel Office, which vested her with the important task of hiring and vetting administration employees.
Perhaps not so coincidentally, the Donilon duo’s daughter, Sarah, also works in the Biden administration, as a staffer for the National Security Council, giving Thomas Donilon yet another important contact in the White House.
BlackRock has other connections within the Biden administration as well. ...
Speaking of Fink, he, too, appears to have met secretly at the White House. Visitor logs show that on February 8, 2022, just two weeks before Russia’s invasion of Ukraine, Fink met with Steve Ricchetti, the counselor to the president. Ricchetti served as chairman of Biden’s 2020 presidential campaign, and has been described as the “yin to the yang” of Biden’s other highly trusted advisor — Mike Donilon.
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What’s the connection between the two topics above? Money. [Mark Wauck from Meaning In History (meaninginhistory@substack.com),
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Pray an Our Father now for reparation for the sins committed because of Francis's Amoris Laetitia.
Pray an Our Father now for the restoration of the Church as well as the Triumph of the Kingdom of the Sacred Heart and the Immaculate Heart of Mary.
Stop for a moment of silence, ask Jesus Christ what He wants you to do now and next. In this silence remember God, Father, Son and Holy Ghost - Three Divine Persons yet One God, has an ordered universe where you can know truth and falsehood as well as never forget that He wants you to have eternal happiness with Him as his son or daughter by grace. Make this a practice. By doing this you are doing more good than reading anything here or anywhere else on the Internet.
Francis Notes:
- Doctor of the Church St. Francis de Sales totally confirmed beyond any doubt the possibility of a heretical pope and what must be done by the Church in such a situation:
"[T]he Pope... WHEN he is EXPLICITLY a heretic, he falls ipso facto from his dignity and out of the Church, and the Church MUST either deprive him, or, as some say, declare him deprived, of his Apostolic See."
(The Catholic Controversy, by St. Francis de Sales, Pages 305-306)
Saint Robert Bellarmine, also, said "the Pope heretic is not deposed ipso facto, but must be declared deposed by the Church."
[https://archive.org/stream/SilveiraImplicationsOfNewMissaeAndHereticPopes/Silveira%20Implications%20of%20New%20Missae%20and%20Heretic%20Popes_djvu.txt]
- "If Francis is a Heretic, What should Canonically happen to him?": http://www.thecatholicmonitor.com/2020/12/if-francis-is-heretic-what-should.html
- "Could Francis be a Antipope even though the Majority of Cardinals claim he is Pope?": http://www.thecatholicmonitor.com/2019/03/could-francis-be-antipope-even-though.html
- If Francis betrays Benedict XVI & the"Roman Rite Communities" like he betrayed the Chinese Catholics we must respond like St. Athanasius, the Saintly English Bishop Robert Grosseteste & "Eminent Canonists and Theologians" by "Resist[ing]" him: https://www.thecatholicmonitor.com/2021/12/if-francis-betrays-benedict-xvi.html
- LifeSiteNews, "Confusion explodes as Pope Francis throws magisterial weight behind communion for adulterers," December 4, 2017:
The AAS guidelines explicitly allows "sexually active adulterous couples facing 'complex circumstances' to 'access the sacraments of Reconciliation and the Eucharist.'"
- On February 2018, in Rorate Caeli, Catholic theologian Dr. John Lamont:
"The AAS statement... establishes that Pope Francis in Amoris Laetitia has affirmed propositions that are heretical in the strict sense."
- On December 2, 2017, Bishop Rene Gracida:
"Francis' heterodoxy is now official. He has published his letter to the Argentina bishops in Acta Apostlica Series making those letters magisterial documents."
Pray an Our Father now for the restoration of the Church by the bishops by the grace of God.
Election Notes:
- Intel Cryptanalyst-Mathematician on Biden Steal: "212Million Registered Voters & 66.2% Voting,140.344 M Voted...Trump got 74 M, that leaves only 66.344 M for Biden" [http://catholicmonitor.blogspot.com/2020/12/intel-cryptanalyst-mathematician-on.html?m=1]
- Will US be Venezuela?: Ex-CIA Official told Epoch Times "Chávez started to Focus on [Smartmatic] Voting Machines to Ensure Victory as early as 2003": http://catholicmonitor.blogspot.com/2020/12/will-us-be-venezuela-ex-cia-official.html
http://www.thecatholicmonitor.com/2021/01/a-hour-which-will-live-in-infamy-1001pm.html?m=1
http://catholicmonitor.blogspot.com/2021/01/epoch-times-show-crossroads-on-capital.html?m=1]
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