Business
Tennessee sues BlackRock for deceiving consumers on using ESG to invest their money
From LifeSiteNews
‘Tennessee consumers deserve to know which of BlackRock’s statements are a true account of the company’s decision-making.’
Tennessee has filed a consumer protection lawsuit against far-left asset management giant BlackRock, Inc. over misrepresenting the extent to which so-called “environmental, social, and governance” (ESG) standards influenced investment decisions, in the first lawsuit of its kind.
“We allege that BlackRock’s inconsistent statements about its investment strategies deprived consumers of the ability to make an informed choice,” Tennessee Attorney General Jonathan Skrmetti said in a press release. “Some public statements show a company that focuses exclusively on return on investment, others show a company that gives special consideration to environmental factors. Ultimately, I want to make certain that corporations, no matter their size, treat Tennessee consumers fairly and honestly.”
ESG is essentially a scoring system that incentivizes investing in companies not on the basis of their performance for customers and shareholders, but rather on their fealty to so-called “social justice” principles such as diversity and environmentalism. It is one of the reasons why so many companies in recent years have attempted to influence public policy on issues such as homosexuality, transgenderism, race relations, and abortion.
Tennessee officials maintain that BlackRock, which manages more than $9 trillion worth of investments, has given conflicting answers as to the degree of influence ESG holds over its shareholder voting power. The firm is part of environmental coalitions Net Zero Asset Managers Initiative and Climate Action 100+, both of which require members to commit to various climate-related policy goals, including achieving “net zero” carbon emissions by 2050.
“Yet BlackRock’s disclosures do not mention such promises,” the Attorney General’s office notes. “In fact, BlackRock has told consumers elsewhere that the only consideration driving its investment decisions is return on investment […] Tennessee consumers deserve to know which of BlackRock’s statements are a true account of the company’s decision-making. This enforcement action seeks injunctive relief, civil penalties, and recoupment of the State’s costs.”
Nineteen states – Alabama, Alaska, Arkansas, Florida, Georgia, Idaho, Iowa, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Dakota, Oklahoma, South Dakota, Tennessee, Utah, West Virginia, and Wyoming – have formed a coalition led by Florida governor and 2024 presidential candidate Ron DeSantis to collectively agree to resist ESG standards in a variety of ways, such as banning their use in state pension-fund investment decisions, banning the use of “social credit scores” in banking and lending practices, and banning ideological discrimination against customers by financial institutions.
Business
Rand Paul Releases Report Detailing $1,000,000,000,000 In Gov’t Waste. Here Are The Worst Offenders
From the Daily Caller News Foundation
By Ireland Owens
Kentucky Sen. Rand Paul released a report on Monday outlining more than $1 trillion in government waste from the past year.
The 2024 “Festivus” report highlighted various instances of wasteful government spending from the federal government, including a pickleball complex in Las Vegas and a cabaret show on ice. This year marks Paul’s 10th annual report.
“This year, I am highlighting a whopping $1,008,313,329,626.12,” Paul wrote in the report. “That’s over $1 trillion in government waste, including things like ice-skating drag queens, a $12 Million Las Vegas pickleball complex, $4,840,082 on Ukrainian influencers, and more! No matter how much money the government has wasted, politicians keep demanding even more.”
The Department of the Interior (DOI) spent $12 million on a Las Vegas Pickleball Complex, according to the report. The DOI also spent $720,479 on wetland conservation projects for ducks in Mexico.
“I have a lot of problems with federal spending, and now it’s time to hear all about them,” Paul wrote in the report.
The National Endowment for the Arts (NEA) awarded the Bearded Ladies Cabaret a $10,000 grant to support a cabaret show on ice skates focused on climate change, according to the report. The NEA also spent $365,000 to promote circuses in city parks, the report states.
The State Department spent $500,000 to expand the U.S. Embassy in Ethiopia’s #USInvestsInEthiopians social media campaign to a larger national public relations campaign, according to the report. The State Department also sent $253,653 to Bosnia to fight “misinformation,” spent $2.1 million for Paraguayan Border Security, and spent $3 million for ‘Girl-Centered Climate Action’ in Brazil, according to the report.
The Department of Health and Human Services spent $419,470 to determine if lonely rats seek cocaine more than happy rats, the report states.
The National Science Foundation spent $288,563 to ensure bird watching groups have safe spaces, also known as “Affinity Groups,” according to the report.
President-elect Donald Trump announced on Nov. 12 that he had picked Vivek Ramaswamy and Elon Musk to co-chair a new Department of Government Efficiency (DOGE), aimed at cutting down on wasteful government spending.
“As always, taking the path to fiscal responsibility is often a lonely journey, but I’ve been fighting government waste like DOGE before DOGE was cool, Paul wrote in the report. “And I will continue my fight against government waste this holiday season.”
Many Americans have faced steep costs amid high inflation throughout President Joe Biden’s term, with inflation hitting a peak of 9.1% in June 2022. While inflation rates have eased some since June 2022, prices still remain high, with the consumer price index (CPI), a measure of the price of everyday goods, experiencing a year-over-year increase of 2.7% in November, according to a Dec. 11 report from the Bureau of Labor Statistics.
Some experts have attributed massive government spending under the Biden-Harris administration to fueling inflation rates. The national debt was at $36.16 trillion as of Tuesday, according to U.S. Treasury Fiscal Data.
A spokesperson for Rand Paul did not immediately respond to a request for comment from the Daily Caller News Foundation.
armed forces
Canadian military deployed ‘gender advisors’ to Ukraine, Haiti at taxpayers’ expense
From LifeSiteNews
The Canadian Armed Forces has been pushing a radical LGBT agenda under Prime Minister Justin Trudeau, with the latest example being ‘Task Force Gender Advisors’ deployed in war-hit nations, such as Haiti and Ukraine.
Canada’s military has been actively pushing a woke pro-LGBT agenda on the world stage, with the latest example being its deployment of “task force gender advisors” internationally in war-hit nations, such as Haiti and Ukraine.
The “gender advisors” initiative is noted in the 2024 Departmental Report of the Canadian Armed Forces (CAF). This has resulted in it drawing a sharp rebuke from veterans who wonder why the military is spending money on pushing the LGBT agenda abroad.
The CAF report notes how in Poland, for instance, the “Task Force Gender Advisor was involved in all aspects of this training mission and supported the local Defence Attaché in connecting with local and Ukraine-based non-governmental organizations and interested parties.”
The report noted how the “gender advisor” as well as “gender focal points” were sent to military missions in Eastern Europe, including Ukraine, Poland, and Latvia throughout 2023.
In war-torn Haiti, “intersectional factors (were) being applied towards stabilization and humanitarian efforts,” via an “Operations HORIZON and PROJECTION” initiative.
This initiative is part of the third “National Action Plan on Women, Peace, and Security for 2023-2029.” This is a program that looks to advance pro-LGBT ideology, such as concepts of different “genders,” in all military operations.
Under Prime Minister Justin Trudeau, the CAF, as well as all government departments, have pushed an ever-increasing woke agenda, as well as a host of so-called diversity, equity, and inclusion (DEI) policies in place.
The military’s action plan notes how there are no less than three full-time “gender advisors” who are in the CAF at all levels.
“A Gender Advisor is a full-time position, usually a military position, and a Gender Focal Point is a part-time position; these exist to support Commanders in the application of GBA+ and gender perspectives in both the institutional and operational realms. Gender Focal Points are positioned throughout CAF. In-theatre, there is a minimum of one GFP on all named missions,” notes a Department of National Defence report.
The president of Veterans for Freedom, Andrew MacGillivray, blasted the woke DEI policies, saying the program has morphed into a “useless overbearing policy that has infiltrated every aspect of the Canadian Armed Forces.”
He noted that war-torn nations most likely don’t care “about gender nonsense being pushed by Canada when they are struggling to keep people alive.”
Since Trudeau became PM, the CAF has become increasingly woke and has been forcing LGBT ideology on many of its personnel. It has also seen recruitment plummet to all-time lows.
As reported by LifeSiteNews, earlier this year, Canada’s first “transgender” military chaplain was suspended for alleged sexual harassment, after he reportedly sought to grope a male soldier at the Royal Military College while drunk.
Canada’s military has spent millions of taxpayer dollars on pro-DEI polls, along with guest speakers, presentations, and workshops, as well as LGBT flags. The workshops covered topics including “the gendered nature of security,” while one talk discussed “integrating gender and diversity perspectives.”
In 2021, the defence department revealed that it has two separate committees and eight programs that worked to appoint homosexual advisors to “innovate” religious instruction and gender-neutral uniforms.
In June of 2023, the Canadian military was criticized for “raising the pride flag” in honor of the so-called “2SLGBTQI+ communities.”
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