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ESG

Tennessee Taking Lead In Protecting Civil Rights And Free Enterprise—And Stopping Political Debanking

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7 minute read

Tennessee Gov. Bill Lee

From the Daily Caller News Foundation

By ERIC BLEDSOE

 

Last week, Tennessee Gov. Bill Lee (R.) signed into law a first-of-its-kind ban on politicized debanking. Sponsored by Rep. Jason Zachary (R.) and Senate Majority Leader Jack Johnson (R.), HB 2100 will prohibit the nation’s largest banks from discriminating against individuals, businesses, and non-profits for their political and religious views.

The new law is a landmark reform to stop large banks from imposing political litmus tests on Americans.

This legislation (HB 2100) is, of course, a reaction to the trend of the largest financial institutions creating partisan barriers to Americans’ access to financial services. Last year, Bank of America closed the deposit and credit card accounts of Memphis-based non-profit Indigenous Advance Ministries. The organization works with Ugandan widows and orphans to provide for their basic needs through Christian charity. Bank of America refused to give Indigenous Advance a reason why they closed the accounts—just that they no longer wanted to work with their “business type.”

Indigenous Advance’s experience is like what the National Committee for Religious Freedom (NCRF) faced when JPMorgan Chase closed their accounts. NCRF promotes religious liberty for Americans of all religious faiths. Chase said it would restore NCRF’s accounts if it disclosed a list of its donors, told the bank which political candidates it intended to support, and sent them the criteria NCRF uses to decide who they want to support politically. NCRF, out of respect for their donors’ right to privacy, declined.

John Eastman, past attorney for former President Donald Trump, was debanked twice at the end of last year by Bank of America and USAA. Again, the banks provided little to no explanation for the sudden closures. Eastman told the Daily Caller that the banks said it was their policy to not provide any further information. Banks stonewalling their customers on why they close their accounts is alarmingly becoming a pattern.

In December 2022, Wells Fargo abruptly closed the personal and business accounts of Brandon Wexler, a Florida-based gun dealer. The bank’s only explanation was a brief mention that it was due to their review of account risk. Wexler had a personal account with Wells Fargo for 25 years and a business account for 14 years. One instance of an account closing might not be worthy of attention, but more and more examples like these are becoming more common. And the only common thread, besides banks refusing to explain their actions, is that the targets of debanking hold political and religious views unpopular on Wall Street and Pennsylvania Avenue. This does not appear to be a policy at one bank, but an unspoken policy across the industry. Commenting on Wells Fargo’s action against him, Wexler said, “I’ve been with them for 25 years,” […] “I’m a professional fireman. I do everything the right way. It’s messed up.”

But large banks debanking individuals and non-profits is not the full extent of politically motivated financial service providers’ discrimination. In September, Tennessee Attorney General Jonathan Skrmetti sent a letter sent a letter to financial service providers who are signatories to the Net Zero Financial Service Providers Alliance (NZFSPA) warning them that their environmental, social, and governance (ESG) strategies may be in violation of antitrust and consumer protection laws. Both state and federal laws prohibit coordinated or collaborative efforts between corporations to restrict trade or commerce. All members of NZFSPA agree to “(a)lign all relevant services and products to achieve net zero greenhouse gas emissions by 2050 or sooner, scaling and mainstreaming Paris Agreement-alignment into the core of our business.” Though the 27 members of NZFSPA are supposed competitors in the financial services market, their joint commitment to restrict sectors of the economy like fossil fuel is clearly a coordinated effort.

Large financial institutions’ boycott of fossil fuel and discriminatory actions against individuals and non-profits for their religious or political views may seem disconnected at first. But those following the ESG movement won’t be surprised to see these politically motivated efforts across multiple sectors. Last month, Montana Attorney General Austin Knudsen sounded the alarm over these radical policies to Wells Fargo CEO Charles Scharf with the support of 15 other state attorneys general. A member of the Net Zero Banking Alliance (NZBA), Wells Fargo has committed, alongside 143 other banks, to implement ESG policies. In the letter, the attorneys general noted that Wells Fargo has a record of debanking Republican candidates and the firearms industry, imposing race- and gender-based quotas on credit customers, and publicly committing to implement radical climate standards on the energy industry.

Leftist activists realize they cannot accomplish such a radical agenda of eroding individual rights and a free economy through the ballot box. ESG is a political tool that enables the far left to bypass the democratic process to will their worldview onto Americans’ lives. In response, policymakers and other stakeholders must strengthen and enforce civil liberties protections, consumer rights, and antitrust laws, so that political activists cease willing their agenda on citizens.

Fortunately, states like Tennessee are taking the lead in protecting civil rights and free enterprise.

Eric Bledsoe is a Senior Policy Fellow at the Foundation for Government Accountability.

The views and opinions expressed in this commentary are those of the author and do not reflect the official position of the Daily Caller News Foundation.

ESG

Can’t afford Rent? Groceries for your kids? Trudeau says suck it up and pay the tax!

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Watch Canada’s Prime Minister tell an anti-poverty group, your ability to buy “groceries for my kids” is less important than sacrificing to pay his carbon tax.

In case you still thought there might be even the tiniest chance Justin Trudeau might come around.. well this settles it. He is as they say, ‘beyond the pale’.

Sure we’ve pieced this together over the last number of years, but it’s still SHOCKING to see him say it directly, proclaim it proudly. This week Trudeau received applause from an audience of the intellectually suffering at something called the “Global Citizen Now” panel discussion on the sidelines of the G20 Leaders’ Summit in Rio.

Much appreciation for the first short video below to Opposition Leader Pierre Poilievre who shared his ferocious reaction to Trudeau’s anti-human comments, challenging the current PM to call an immediate election.

Or course there will be no quick election call. To Justin, it’s more important to cling to the undercarriage of a taxpayer funded jet so he can fly the globe stunning audiences unfortunately already stunned by their utter terror of losing the planet.

In their horror at their inability to turn the switch off and let us all freeze/starve to death this winter, they applaud lovingly for their intellectual leader/sock model as he describes how hard it is to convince angry, hungry people they really need to suck it up.

If only he read a history book.. any history book.. apologies, any book at all. Truly even spending some time with the literary version of an Al Gore video rant would at lest keep JT occupied so he couldn’t speak for a few moments. I’m pretty sure every time he opens his mouth, the temperature in Canada rises as millions of frustrated hotheads (hello there) explode, spewing steam high up into the upper atmosphere where water particles do much more damage to our planet than the final exhaling of a non grocery-eating-planet-loving-Canadian.

Watch Pierre Poilievre’s video and assuage the ensuing headache by mapping out your route to a polling booth. If this doesn’t sell a couple of those ‘Axe the Tax’ shirts for the Poilievre team, well.. enjoy your stroll to the foodbank.

Here’s a link to his entire discussion. If you have a strong stomach and 20 minutes of your life to donate to a higher cause… No silly, not the intended cause of the anti-poverty group… But to the intellectual cause of understanding just how twisted the logic has become for those who fly around the world to wine and dine, only to break long enough to tell us they think it’s perfectly fine if we can’t buy groceries for our kids.

By the way, please save a bit of your shock and disappointment for the hapless host of the ‘anti-poverty’ Global Citizen. This was apparently on the sidelines of a G20 Summit.  I would expect this drivel to be called out at a respectable middle school debate. Apparently the ‘anti-poverty’ Global Citizen people aren’t overly concerned with poverty. Do we need to say that not being able to afford groceries is in fact THE definition of poverty?  Or course not. It would be much easier for them to change their name to Former Global Citizens.

You were warned.

Prime Minister Justin Trudeau sits down for a conversation with Michael Scheldrick, co-founder of the anti-poverty group Global Citizen, on the sidelines of the G20 Leaders’ Summit Rio de Janeiro, Brazil.

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Business

Canadian farm producing consumable crickets lays off two-thirds of its employees

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From LifeSiteNews

By Anthony Murdoch

The workforce reduction at a London, Ontario, facility that received $8.5 million in government funding appears to be a sign that Canadians do not have an appetite for bugs.

It appears Canadians’ taste for eating food made from bugs is not in high demand after news broke that a farm given millions by the federal government to raise crickets for “human and pet consumption” laid off two-thirds of its staff. 

The cricket farm in London, Ontario, run by the Aspire Food Group just broke ground on a new 150,000-square-foot facility last year. The company said it was cutting shifts and going from 150 workers to 50.  

In comments made to the trade news outlet AgFunderNews, company CEO David Rosenberg said the layoffs are due to making “improvements to its manufacturing system.”  

The fact the company is already cutting costs in dramatic fashion comes only a short time after Canada’s federal government under Prime Minister Justin Trudeau contributed $8.5 million to it in 2022.  

The cricket farm when fully operational can make 13 million kilograms of crickets for “human and pet consumption.” 

It was given widespread coverage several years ago by Canada’s state-funded CBC, which billed it as the “world’s largest cricket production facility.”  

Aspire’s pitch that its food had a lower environmental footprint than protein from cattle or pigs was in lockstep with the radical environmental goals of the Trudeau government as one of the reasons it landed a large grant.  

According to AgFunderNews, only a year ago Aspire claimed its factory would be working at 100 percent by the start of 2024.  

“We have significant contractual commitments for the majority of our production and expect 100% will be sold within the year,” former CEO Mohammed Ashour told AgFunderNews in March 2023. 

Both crickets and mealworms in recent years have been promoted by global elites as a source of protein that they say could replace beef or pork, and which can also be used in a variety of foods. 

Indeed, the Great Reset of Klaus Schwab and his World Economic Forum (WEF) has as part of its agenda the promotion of eating bugs to replace beef, pork, and other meats that they say have high “carbon” footprints. 

Conservative Party says layoffs at bug factory show ‘Canadians will not eat bugs’  

The Conservative Party of Canada in an email to members said that the news regarding Aspire cutting most of its staff is proof that Canadians “will not eat bugs.” 

“Justin Trudeau bet $9 million of your money on edible BUGS! He wants Canadians to own nothing, be happy, and eat crickets,” the party said in the email. 

“But his bet failed. The company he invested YOUR tax dollars in has dramatically cut production and fired two-thirds of their staff. Turns out, Canadians don’t want to eat bugs.” 

In 2022, Conservative MP Leslyn Lewis blasted the current cancel-culture crusade against red meat by pushing bugs as a source of food and the Trudeau government for funding bug factories.  

The Trudeau government has implemented many policies that align with the WEF’s so-called “climate change” agenda, including a punishing carbon tax, and attacks on the nation’s oil and gas industries. 

According to records, since 2018, a total of $420,023 has been spent on helping multiple food companies that make human bug food. 

At the same time, the Trudeau government has begun to attack Canadian farmers by pushing forth an agenda that would force them to reduce the amount of nitrogen-based fertilizer. This could have a large negative impact on the growing of feed for cattle as well as food for human consumption. 

Aspire is not the only factory in Canada breeding bugs to turn them into food for both human and animal consumption. The CTF listed all of the cricket processing companies that receive corporate welfare. 

Dr. Joseph Mercola, in a blog posted by LifeSiteNews, documented how Schwab’s Great Reset agenda looks to force the world’s population to, by pressuring local governments, make people “consider eating bugs and weeds and drink ‘reclaimed’ sewage.” 

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