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‘A Huge Win’: Woke Climate Cartel Goes Belly Up

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From the Daily Caller News Foundation

By Owen Klinsky

The Net Zero Asset Managers (NZAM) coalition — a United Nationssponsored collection of financial services companies that have pledged to negate their portfolio’s greenhouse gas emissions by 2050 or sooner — suspended activities after investment firm BlackRock announced its departure from the group, according to a press release.

BlackRock, which manages more than $10 trillion and has been a leader in environmental, social and governance (ESG) investing, announced its exit from NZAM Thursday, with its Vice-Chair Philipp Hildebrand saying the firm’s involvement in the environmental coalition “caused confusion regarding BlackRock’s practices and subjected us to legal inquiries from various public officials.” Now, NZAM has pressed pause altogether, halting operations while it conducts a review of its activities, an NZAM press release published Monday said.

“Recent developments in the U.S. and different regulatory and client expectations in investors’ respective jurisdictions have led to NZAM launching a review of the initiative to ensure NZAM remains fit for purpose in the new global context,” NZAM reportedly wrote in the letter. “As the initiative undergoes this review, it is suspending activities to track signatory implementation and reporting. NZAM will also remove the commitment statement and list of NZAM signatories from its website, as well as their targets and related case studies, pending the outcome of the review.”

A slew of other financial services had left NZAM prior to BlackRock’s Thursday exit, including Goldman Sachs Group, Wells Fargo & Co., Citigroup, Bank of America, Morgan Stanley and JPMorgan Chase & Co. BlackRock’s exit came amid a broader corporate strategy shift away from ESG investing, with the firm only supporting about 4% of the 493 environmental and social investment proposals that shareholders put forward between the end of June 2023 and the end of June 2024, down from a rate of 47% in 2021.

BlackRock was a major supporter of ESG investing in years prior, with CEO Larry Fink saying in 2020 that “climate risk is investment risk” and that climate change would lead to a “fundamental reallocation of capital.”

“The destruction of NZAM is a huge win for consumers,” Will Hild, executive director of the conservative nonprofit Consumers’ Research, told the Daily Caller News Foundation. “Although there is a lot of work left to be done, what was effectively a cartel of asset managers has finally ceased taking the focus of businesses off of consumers, raising prices for everyday Americans everywhere from the gas pump to the grocery store.”

When reached for comment, NZAM referred the Daily Caller News Foundation to its press release.

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Elon reveals millions of people in Social Security database between the ages of 100-159

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Elon Musk revealed on X that millions of individuals in the Social Security database are recorded as over 100 years old, with no death record attached. The billionaire suggested the findings could indicate massive fraud within the system.

Key Details:

  • Musk shared a chart showing over 20 million people in the database listed as 100+ years old, including 3.9 million between 130-139, 3.5 million between 140-149, and 1.3 million between 150-159.
  • The 2020 U.S. Census recorded just over 80,000 people aged 100 or older, casting doubt on the accuracy of the Social Security data.
  • Musk suggested that the Social Security system is riddled with inconsistencies and could be facilitating large-scale fraud.

Diving Deeper:

On Sunday, Elon Musk took to X with a shocking revelation about the Social Security database, suggesting it contains massive inaccuracies—possibly enabling widespread fraud. Musk pointed out that millions of individuals are recorded as being 100 years or older, yet their death status remains unmarked.

“According to the Social Security database, these are the numbers of people in each age bucket with the death field set to FALSE! Maybe Twilight is real and there are a lot of vampires collecting Social Security,” Musk quipped, sharing a chart showing over 20 million centenarians in the system.

The data he highlighted included staggering figures: more than 3.9 million individuals listed as 130-139 years old, 3.5 million aged 140-149, and over 1.3 million aged 150-159. These numbers are vastly out of sync with U.S. Census data, which recorded just over 80,000 people aged 100 or older in 2020.

Musk didn’t stop there. He went on to criticize the complexity and lack of oversight in Social Security operations, calling the system’s logic “INSANE.” According to Musk, “No one person actually knows how it works. The payment files that move between Social Security and Treasury have significant inconsistencies that are not reconciled. It’s wild.”

Perhaps the most damning accusation Musk made was in a follow-up post where he warned that the Social Security system might be one of the largest fraud schemes in history. “There are FAR more ‘eligible’ Social Security numbers than there are citizens in the USA. This might be the biggest fraud in history,” he posted.

 

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DOGE discovers $4.7T in untraceable U.S. Treasury payments

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The Department of Government Efficiency (DOGE), established under President Donald Trump, has discovered that nearly $4.7 trillion in U.S. Treasury payments were processed with an optional, often blank identification code—making them nearly impossible to track. The revelation has prompted immediate changes to federal financial reporting, mandating full transparency on these transactions moving forward.

Key Details:

  • DOGE found that the Treasury Access Symbol (TAS), a key financial identifier, was frequently left blank in transactions totaling $4.7 trillion.
  • The Trump administration’s watchdog agency worked with the U.S. Treasury to close this loophole, making the TAS field mandatory for all federal payments.
  • DOGE continues to uncover and eliminate government waste, already reporting an estimated $55 billion in taxpayer savings through spending cuts and contract renegotiations.

Diving Deeper:

The Department of Government Efficiency (DOGE), spearheaded by Elon Musk under President Donald Trump’s administration, has made a bombshell discovery regarding federal spending. According to the agency, $4.7 trillion in payments were funneled through the U.S. Treasury without clear tracking due to an often-missing Treasury Access Symbol (TAS). This identifier, which links government expenditures to specific budget items, was optional in the federal system—resulting in payments that were nearly impossible to trace.

DOGE announced the finding on X, explaining that the TAS field has now been made mandatory for all federal payments. “As of Saturday, this is now a required field, increasing insight into where money is actually going,” the agency stated. This change is expected to bring a new level of transparency to federal finances, ensuring that taxpayer dollars are properly accounted for.

The revelation coincides with DOGE’s broader mission to root out wasteful government spending. Since its creation via executive order, the agency has reported $55 billion in estimated savings, achieved through fraud detection, renegotiations of contracts, and regulatory cuts. The agency is also working to make its cost-cutting measures fully transparent, committing to updating its financial data twice per week with the goal of transitioning to real-time reporting.

Musk’s leadership at DOGE has sparked both praise and controversy. While conservatives applaud the agency’s aggressive stance on reducing bloated government programs, critics—particularly among Democrats—have raised concerns over its authority to access federal data and cancel government contracts. Attorneys general from 14 states have filed a lawsuit aiming to block DOGE from federal systems, arguing that its executive authority over financial oversight is an overreach.

Despite legal challenges, DOGE recently won a key court battle, with a federal judge in Washington declining to temporarily block its access to sensitive data from several agencies, including the Departments of Labor and Health and Human Services. This ruling is seen as a green light for the Trump administration’s cost-cutting mission to continue.

With the U.S. national debt at record highs, DOGE’s latest discovery raises serious questions about past government financial management. The $4.7 trillion in untraceable payments underscores why the agency was created in the first place—and why Washington’s establishment has resisted its oversight.

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