Tennessee sues Blackrock for promoting ESG

Its very rare for a state let alone our National Government going after our Zionist overlords for the evil things they do to Americans through Lobby groups, Human Rights lawsuits, and Corporations like Black Rock.

Black Rock has been the front of the being the most evil corporation to exist in this country and they do it for the benefit of Israel alone. Right now them and their shell companies are planning mass buying of homes to make housing permanently unaffordable until the fake and gay economy finally defaults and collapse.

And no is stopping them since they are the CEO of Zionism, but one state is now beginning to rise up against them.

Tennessee is launching a lawsuit against Black Rock for misleading ESG.

Wall Street Journal

Tennessee sued BlackRock Inc. for allegedly breaching consumer protection laws by making “misleading” statements about its ESG investment strategy.

State Attorney General Jonathan Skrmetti said BlackRock funds that don’t take into account ESG factors are being unfairly impacted by the asset manager’s membership in climate groups, its shareholder-voting record and the pressure it puts on companies to meet environmental goals, according to a complaint filed Monday in state court. This shows a “pattern of deception” that has hurt investors, the complaint says.

“BlackRock has engaged in a series of unlawful ESG-related misrepresentations and omissions in connection with the marketing or sale of its investment products and services to Tennessee consumers,” Skrmetti said in the complaint.

The lawsuit is the first by a GOP official against an investment firm for its ESG strategy. Republican politicians have criticized BlackRock and its chief executive officer, Larry Fink, for championing environmental, social and governance principles, an approach that takes into account topics like global warming. Florida and other GOP-led states have collectively pulled billions of dollars from the world’s biggest money manager. In response, Fink has said he no longer uses the ESG label because it’s become too politicized.

BlackRock said in a statement that it rejects Tennessee’s claims and plans to contest the accusations. BlackRock has invested about $40 billion in the state, and “we are proud of our contribution and committed to the future in Tennessee.” The New York-based firm managed $9.1 trillion in total at the end of September.

At first I was going to be happy that one state is rebelling against the Likud shell company, but they are against it because ESG promotes the liberal value of climate change.

They are more mad over them promoting Jewish Global warming hoaxes than the fact they are buying up all the property at a alarming rate and the fact they use their money and influence to destroy any politician who dares criticizes them.

In the lawsuit, Skrmetti cited instances between 2021 and 2022 where BlackRock changed its statements about the financial impact of ESG. He pointed to examples of how the firm voted against corporate boards such Exxon Mobil Corp. because they failed to set targets to cut greenhouse gas emissions.

Skrmetti also cited BlackRock’s membership in the Net Zero Asset Managers initiative and Climate Action 100+, industry groups that aim to use their financial muscle to help lower corporate greenhouse gas gases. The suit calls NZAM and CA100+ “activist organizations focused on achieving a political and environmental goal.”

Examples like these show how BlackRock has “downplayed the extent to which ESG considerations drive its investment strategies across all holdings, even in non-ESG funds,” according to the complaint. Tennessee said it’s seeking injunctive relief, civil penalties, disgorgement, restitution for consumers and recoupment of the state’s costs.

BlackRock said in a letter to Climate Action 100+ in 2020 that it would make investment and shareholder-voting decisions independent of the views of the organization.

Blackrock could end this tomorrow and the GOP will drop the lawsuit and apologize to their Jewish masters for daring to defy them since Blackrock controls the party.

They don’t care if this company is going to buy up all the homes in the same they didn’t care that Sheldon Adelson fixed every election in the last 50 years since he donated to the GOP and that alone makes them good and beyond any criticism from the Right.

Make sure you save up for that cagehome since Blackrock is going to buy up your neighborhood and you won’t afford a home in 100 lifetimes and the GOP is going to allow it since they consider that free market capitalism somehow.

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