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hatrack

(59,592 posts)
Fri Aug 5, 2022, 06:57 AM Aug 2022

ESG Is The New CRT As Republicans Dump "Free Market" BS In Exchange For Newest Scary Acronym

Links at original.

Do Republicans actually support a "free market," or is that phrase just longstanding code for the party's support for whatever happens to make their donors more money? It's the latter, and always has been, but there's no longer any way for anyone to pretend otherwise. As we discussed seven months ago, the professional disinformation crew has taken on an anti-ESG campaign to attack businesses that are at least pretending to try to be decent corporate citizens, and not suckers who invest in loser industries like smoking and coal. (Un-)professional bigots like Jordan Peterson are making it part of their grift, and in May, Mike Pence all but confirmed that it's a priority for the Koch network.

A year after Koch cronies started it, the campaign is up and running, with elected Republicans doing the bidding of companies that kill the climate and fund their campaigns.

The Republican Study Committee recently published a memo with its anti-ESG talking points and an exclusive at white-supremacy-laundering Breitbart. "ESG is a cornerstone of Democrats’ Green New Deal agenda" said Jim Banks (R-IN), "and one of the most serious long-term threats to energy independence and Americans’ pocketbooks. The Republican Study Committee will push to make combatting ESG a priority after 2022."

That means totally serious bills like the "Ensuring Sound Guidance (ESG) Act," which Breitbart (copying from the RSC's memo verbatim but just putting quotes around the funniest part) reported "would force investment advisers and ERISA plan sponsors to prioritize maximizing financial returns over 'fake ESG factors.'” Yes, factors like — to choose one company at totally random — not subjecting your Black workers to "plantation" conditions and women to situations where they may get a $250,000 settlement because the CEO allegedly flashed and propositioned them, factors like that are apparently "fake"!

EDIT

https://www.dailykos.com/stories/2022/7/29/2113334/-Fossil-Fueled-Anti-ESG-Campaign-Gets-Real-As-GOP-Abandons-Free-Market-Pretense

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ESG Is The New CRT As Republicans Dump "Free Market" BS In Exchange For Newest Scary Acronym (Original Post) hatrack Aug 2022 OP
The last thing Republican corporate execs want, is a free market. 3Hotdogs Aug 2022 #1
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