so hitler's point about banks is often shown to contain some measure of reality, and most are considered to be corrupt, which is your first step in dealing with them and how you'd choose to pursue this point made herein;
The examples of the ESG fraud imploding over the last 6 months simply aren’t stopping.
The latest has come from Texas, where the state is now terminating an $8.5 billion investment with BlackRock due to the investment manager’s boycott of energy companies, according to a report from Fox News.
Texas State Board of Education Chairman Aaron Kinsey said this week that the Texas Permanent School Fund notified BlackRock this week that it would be terminating the investment.
Kinsey told Fox News this week: “The Texas Permanent School Fund has a fiduciary duty to protect Texas schools by safeguarding and growing the approximately $1 billion in annual oil and gas royalties managed by the Texas General Land Office. Terminating BlackRock’s contract ensures PSF’s full compliance with Texas law.”
Kinsey added: “BlackRock’s dominant and persistent leadership in the ESG movement immeasurably damages our state’s oil & gas economy and the very companies that generate revenues for our PSF. Texas and the PSF have worked hard to grow this fund to build Texas’ schools.”
“BlackRock’s destructive approach toward the energy companies that this state and our world depend on is incompatible with our fiduciary duty to Texans,” he said.
Texas has made a significant move by divesting a considerable portion of its $53 billion Permanent School Fund (PSF), originally established in the 19th century to support public education. This step marks the largest divestment since GOP-led states began cutting financial relations with BlackRock and similar firms over their adoption of ESG standards.
https://www.zerohedge.com/markets/massive-blow-against-scam-esg-texas-pulls-85-billion-investment-blackrock-due-firms-energy.........https://eatgrueldog.wordpress.com/2024/03/22/texas-pulls-8-5-billion-from-blackrock-in-massive-blow-to-the-scam-of-esg/
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