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Federal Reserve announces major ‘pilot exercise’ for ESG social credit score system
Posted on 10/1/22 at 7:53 pm
Posted on 10/1/22 at 7:53 pm
Sub stack article
Another conspiracy theory coming true. Face it, guys, they are moving us towards Agenda 2030, whether we like it or not.
quote:
The Federal Reserve has taken a major step in the direction of facilitating an ESG compliant monetary network that effectively acts as a parallel system to that of the Chinese Communist Party’s infamous social credit scoring system
quote:
The Fed said in a statement Thursday: “Six of the nation's largest banks will participate in a pilot climate scenario analysis exercise designed to enhance the ability of supervisors and firms to measure and manage climate-related financial risks. Scenario analysis—in which the resilience of financial institutions is assessed under different hypothetical climate scenarios—is an emerging tool to assess climate-related financial risks, and there will be no capital or supervisory implications from the pilot.”
quote:
ESG acts as a trojan horse for the continuing centralization of the American financial system. ESG finance, popularized by hyper political asset management behemoths like BlackRock and Vanguard, acts to prevent outsiders from challenging the regime-connected insiders on Wall Street and in Washington, under the guise of acting to manifest a healthier planet. In other words, pro-ESG institutions are committed to attacking free market principles by means of deception, preferring the CCP-style “stakeholder capitalism” that allows for a small group of technocratic elites to make broad determinations about society.
Unsurprisingly, the legacy media has thus far cheered The Fed’s plan, with The New York Times reporting “that it often lagged behind its global peers when it comes to talking about and coming up with a plan for policing risks related to climate change.”
quote:
The ESG “green transition,” frequently popularized by powerful world governments and the Davos elite, has served as the main vehicle for this movement. Akin to the Chinese social credit score, which is used to coerce businesses, and, by extension, individuals, into specific actions, ESG rules force individuals and businesses in America to deploy capital through the gatekeepers of the system. The Federal Reserve statement continues: “By considering a range of possible future climate pathways and associated economic and financial developments, scenario analysis can assist firms and supervisors in understanding how climate-related financial risks may manifest and differ from historical experience.”
quote:
The banks involved in this pilot program are Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo. Of course, it’s just a scenario, until it’s not. The Fed pilot program is set to launch in early 2023.
Another conspiracy theory coming true. Face it, guys, they are moving us towards Agenda 2030, whether we like it or not.
This post was edited on 10/1/22 at 7:54 pm
Posted on 10/1/22 at 7:56 pm to Placekicker
comfort and security no matter the cost.
Posted on 10/1/22 at 7:58 pm to Placekicker
Sounds like there will be a shite ton of Escalade repos in year or so
Posted on 10/1/22 at 7:58 pm to Placekicker
The climate Nazis will tell you this is for the greater good!
Posted on 10/1/22 at 7:59 pm to Placekicker
Goddamn these bastard fricks.
Posted on 10/1/22 at 8:01 pm to Y.A. Tittle
Hahahahahahahahaha!!! Yep! And, if it does work like China’s, then none of us will be able to get a loan, thanks to our post history. They will shut down your card if you try to buy too much gas per month.
These midterms are a chance to begin to turn this thing around.
These midterms are a chance to begin to turn this thing around.
Posted on 10/1/22 at 8:04 pm to Placekicker
quote:They want us to live in hell.
Rep. @RashidaTlaib challenges bank CEOs to agree to stop funding fossil fuels, is rejected by every single one
Jamie Dimon: "That would be the road to Hell for America"
Video
Posted on 10/1/22 at 8:08 pm to Placekicker
I can’t take the Fed seriously anymore. I forget, who appointed Powell as the chair?
Posted on 10/1/22 at 8:12 pm to Placekicker
quote:
Federal Reserve announces major ‘pilot exercise’ for ESG social credit score system
Been time to end the fricking fed reserve
Posted on 10/1/22 at 8:12 pm to Placekicker
Posted on 10/1/22 at 8:37 pm to Placekicker
Making ESG illegal should be a priority project.
Posted on 10/1/22 at 9:05 pm to Placekicker
The Federal Reserve needs to be abolished…,not unlike the IRS, FBI, DHS, CIA and other government agencies that have outlived their original purpose.
Posted on 10/1/22 at 9:07 pm to Placekicker
No turning back from this shite
Posted on 10/1/22 at 9:11 pm to jimmy the leg
quote:
The climate Nazis will tell you this is for the greater good!
All while flying around the globe in their private jets, and being driven around in SUVs.
Posted on 10/1/22 at 9:11 pm to Jyrdis
And people use to praise the government
Posted on 10/1/22 at 9:16 pm to Tigers2010a
quote:
Making ESG illegal should be a priority project.
And no repub will do it or anything about it. It keeps not being talked about.
Posted on 10/1/22 at 9:51 pm to Placekicker
quote:
Another conspiracy theory coming true. Face it, guys, they are moving us towards Agenda 2030, whether we like it or not.
They can try
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