Texas Is Coming for 'Woke' Insurance Companies Next
1–10 of 63 posts
Re: Texas Is Coming for 'Woke' Insurance Companies Next
#2How is this type of legislation not government restrictions in free speech? While I disagree with citizens United, it’s currently defining the law and most likely supported by these groups. This seems like a similar disallowed restriction.
I guess one difference is that they’re not explicitly banning the companies from those investments, they’re banning the state of Texas from doing business with the companies.
Re: Texas Is Coming for 'Woke' Insurance Companies Next
#3By bundling S and G together with E, we've doomed E. It's almost like that's what the oil companies wanted.
Even if you agree with some/all of the "ESG" goals though, it almost doesn't matter, because when you look at the ETFs that've been marked with that word, you see they're full of Exxon and Philip Morris like all the others -- just with a larger fee on top, for all the suckers.
Re: Texas Is Coming for 'Woke' Insurance Companies Next
#4How is this type of legislation not government restrictions in free speech? While I disagree with citizens United, it’s currently defining the law and most likely supported by these groups. This seems like a similar disallowed restriction. I guess one difference is that they’re not explicitly banning the companies from those investments, they’re banning the state of Texas from doing business with the companies.
It’s really hard to tell anything about what’s going on here - the article is too busy telling you to get outraged, and it’s talking about legislation that apparently hasn’t even been proposed yet. It does quote one speaker as saying “if they’re going to mess with money that belongs to Texas retirees and undermine the very Texas economy, we’re gonna teach them some manners” which gives some indication of why Texas might have the right to interfere with the choice of investment and might care to interfere. But even then, once you null out the outrage, there’s so little here to go on.
Re: Texas Is Coming for 'Woke' Insurance Companies Next
#5Texas Republicans sure do love their "free market" and just hate regulations...
Re: Texas Is Coming for 'Woke' Insurance Companies Next
#6By bundling S and G together with E, we've doomed E. It's almost like that's what the oil companies wanted. Even if you agree with some/all of the "ESG" goals though, it almost doesn't matter, because when you look at the ETFs that've been marked with that word, you see they're full of Exxon and Philip Morris like all the others -- just with a larger fee on top, for all the suckers.
Excellent point. I fully agree.
It disenfranchises environment/energy/natural resource conservation efforts to associate them with woke topics such as "social equity" and related "governance" efforts.
I am personally a conservative environmentalist. Virtually 100% of "woke" related concepts to me, represent inculcation by foreign governments seeking to destabilize western societies.
The environment must not be politicized. It is the foundation of all biota including humans of course-- it is the matrix we live within.
Re: Texas Is Coming for 'Woke' Insurance Companies Next
#7How is this type of legislation not government restrictions in free speech? While I disagree with citizens United, it’s currently defining the law and most likely supported by these groups. This seems like a similar disallowed restriction. I guess one difference is that they’re not explicitly banning the companies from those investments, they’re banning the state of Texas from doing business with the companies.
It’s really hard to tell anything about what’s going on here - the article is too busy telling you to get outraged, and it’s talking about legislation that apparently hasn’t even been proposed yet. It does quote one speaker as saying “if they’re going to mess with money that belongs to Texas retirees and undermine the very Texas economy, we’re gonna teach them some manners” which gives some indication of why Texas mi…
Thank you for pointing this out. I had to really wrestle with my initial reaction to my first read of this article.
Re: Texas Is Coming for 'Woke' Insurance Companies Next
#8Let us know when you find one.
Re: Texas Is Coming for 'Woke' Insurance Companies Next
#9She complains about what Texas is doing like it's a bad thing.
Re: Texas Is Coming for 'Woke' Insurance Companies Next
#10By bundling S and G together with E, we've doomed E. It's almost like that's what the oil companies wanted. Even if you agree with some/all of the "ESG" goals though, it almost doesn't matter, because when you look at the ETFs that've been marked with that word, you see they're full of Exxon and Philip Morris like all the others -- just with a larger fee on top, for all the suckers.
What's the problem with the "G"?
Most of the oil companies score pretty well on the "G" - since it's really just a measure of how well-run they are and how responsive they are to shareholders.