Best of the Program ｜ Guests： Rep. J.D. Bernardy & Riley Moore ｜ 1⧸19⧸22
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Summary
Glenn Beck takes aim at the World Economic Forum and the conspiracy theories that have been floating around since the early days of the "Great Reset" and tries to prove it's not a conspiracy at all, it's a conspiracy against the world's most powerful people.
Transcript
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Great podcast today. You don't want to miss a second. We bring you the people who are actually
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doing something in their own states, either state reps or state treasurers that are taking
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steps to stop the Great Reset. This is a don't miss episode. Here it is.
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This is the Glenn Beck program. It is truly a wonder to watch the global elites and the media
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and the politicians that have tried to push off the Great Reset as no big deal, nothing to see.
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It's, you know, it's just a conspiracy. It's from the World Economic Forum. It's no big deal.
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They don't have any power. Really? When we first started calling this out, that was the first line
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of attack. We were conspiracy theorists. We believe the World Economic Forum was some master
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cabal that, you know, they're having star chamber meetings and none of those things are true. None
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of those things are true. None of those things are what we said. They're not calling shots from some
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evil underground lair. They have connections with the most powerful people, the richest and most
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politically powerful people in the world. And they meet at Davos. It's just that. And they're
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like-minded. So all that people were saying at the beginning was that this is a conspiracy theory.
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It's not. This week from all over the globe, they are speaking at the Davos World Economic Forum.
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And tonight, coincidentally, we are airing a commercial free special on the Great Reset. The
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same week, the Economic Forum is trying to sell their agenda. I'm going to show you what that agenda
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is really all about. And I find it interesting that it's the same voices that are still saying
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conspiracy theory or diminish what's going on. I want to give you a quote from Jack Dorsey from
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Twitter. Yesterday, he tweeted out, the amount of attention World Economic Forum receives is
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inversely proportional to the organization's usefulness. It's useless. Really? If it's
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useless, why are you spending the time tweeting about it? If it truly is useless, I mean, you know,
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pigs in a blanket, really highly overrated breakfast food. They're useless. Well, I'm not making that
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tweet because pigs in a blanket are really not an important breakfast food. Not everybody's talking
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about that. Deep thoughts by Jack. Eye boogers. They're pointless. They're annoying. They're useless.
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The World Economic Forum is not useless. If you look just at who is speaking, Xi Jinping was the lead
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speaker earlier this week. The president of China. If you look at the number of prime ministers, central
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bank people, gigantic corporations, BlackRock alone has more money and holds more investment money than
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any other anything on the planet. Makes the queen look like a pauper. They are at the World Economic
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Forum and they are helping design the policy. Let me give you an example of what the World Economic
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Forum really is. Do you remember back in the 1970s, there was something called the Heritage Foundation.
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It's still out. But in the 1970s, the Heritage Foundation came along and it was founded to redirect
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America's principles back to conservative principles and the founding. And in the 70s, the left ignored it.
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They laughed. Oh, we got this in the bag. Jimmy Carter. I mean, we're we're fine. Something happened.
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These people were were thinking, planning, strategizing and connecting with people who had power and a new
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vision. Ronald Reagan won in a landslide, much because of the Heritage Foundation. It kicked off
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12 years of Republican control in the White House. That's the Heritage Foundation. OK, that was well
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funded back in the 70s, but not like the World Economic Forum. It had connections, but not like the World
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Economic Forum. The World Economic Forum, a global think tank that is injecting 21st century fascism
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directly onto elected officials and global financial and corporate juggernauts. Imagine if the Heritage
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Foundation had the eyes and ears of every prime minister and president in the world. The vast majority
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of not only the corporate leaders, but the corporate boards and all of the major financial institutes,
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including the International Monetary Fund, the World Bank, the European Central Bank, the Japanese
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Central Bank, the American Central Bank. Do you think that the world would be the same if the Heritage
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Foundation had that group of people in the 1970s? No. No, we would be a radically different country. So, Jack, as
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much as I appreciate your opinion, it's ridiculous to think that these people are worthless. Really? How come all of
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these billionaires and trillionaires are all making their way to do they just really love skiing together
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that much? I don't think so. Jason's with us. He's our head writer, head researcher. And there's a couple
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of things I want to talk to you about. First of all, the special, because you hadn't read the book.
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You know, you weren't involved in the research. I mean, some of the research, but you weren't on the
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day-to-day, you know, working on the book. You read the book. What was your takeaway?
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My takeaway was, I think back to what, over a year ago when I first brought this in and we're like,
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what the heck is this? This is probably something we should look at. And we started like in little
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chunks, just exposing things in chunks, banks, ESG, corporations. Those were like multiple different
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shows. And after I read the book or while I was reading the book, I was like, this is the first time
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I've ever seen all of those pieces put together, but in an easy to understand way. Because I mean,
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we were trying. It's hard to explain this stuff easily. It's really hard. And it was about a year
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and a half ago when you first, I don't remember what you stumbled on, but you were like, have you
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ever heard of the great reset? And it was the time that I was questioning build back better going,
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what the hell? That's the worst slogan I've ever heard. And that is the slogan from the world economic
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forum that everybody's using all around the world. I didn't know that they were. I thought
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that was a Joe Biden thing. Yeah. And it wasn't. And I remember you, I don't remember what you brought
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to me, but I remember thinking, this is really important. This explains a lot. We remember that?
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Yeah. Well, we were, I think it was probably when we were looking through just a bunch of quotes
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because everyone was talking about the world economic forum, great reset as being something
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positive, but then we would pull little quotes and it would say we're redefining capitalism.
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Other quotes is you will own nothing and you'll like it. You'll be happy. And we're like, what?
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Like redefining capitalism. And then we started looking into stakeholder capitalism. And what
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the heck does that even mean? Yep. But the book really goes into explaining that in a very,
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very easy way. And tonight, if you've already read the book, you're going to, you're going to watch
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the show and this is going to be almost like a Cliffs version for that. So if there's things that you
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didn't understand tonight, you're going to fully understand. If there's things that you wanted a little
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bit more clarification on, like more examples, like for instance, tonight, you know, you talked
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about in the book a lot, how ESG is, you know, being used to force companies and banks, you know,
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to, you know, to redirect money into places that they want or issues that they want.
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Tonight, we're going to show you exactly how, and we've showed you a little bit of this in other
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shows, but the context that it's in now tonight, it's all going to crystallize. You are going to
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completely understand what this is about. You're going to completely understand how they are doing
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it. It is vital to watch tonight. So tonight, like Jason just said, it is vital to watch. We are doing
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this. I mean, you can't get the book. Amazon and everywhere else, they've taken the buy button off
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because they're so far behind in printing. You can't, the only way to get it is a digital copy
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through Kindle. I urge you, please get a copy of the book. I am not for digital copies. I don't like
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reading. I read things on digital, but if I, if it's important, I always have it because it's easier
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to remember when you have the tactile book in front of you and notes and notes. Yeah. So it's I urge you
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to get the book, but please buy the Kindle book. We don't have time to waste. This is the worst
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situation we could have imagined where you can't even get it. But I noticed, um, that this is taking
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off faster than anything else we have ever exposed. Amazing. Um, yeah, it is. I mean, there are already
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things that are happening. I'm going to talk to the two people, uh, one West Virginia that I think
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it's a state treasurer who is now they're, they're divesting from black rock. And, uh, next hour also,
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I'm talking to somebody here in Texas because we already signed a bill. The governor signed it
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here in Texas to divest from black rock. And now they're not doing it. Uh, I want to hold the
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politicians feet to the fire. What the hell is happening there? But have you noticed a change
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in the black rock attitude even in the last week? Oh, just, just in some of the, uh, the, that one
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instance you talk about in Texas, um, the way that they're wording things now, they're not as,
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they're not puffing their chest out as much before because they had no one to stand against
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them and no one was questioning anything. Correct. But now they're like, Oh no, no,
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we're not going to put you out of business. You know, this is just something that bull crap,
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right? Bull crap. Right. Here's this, this came out. Um, this just came out from black rock,
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from Larry Fink, who's the head of black rock. So, you know, and you'll understand this in
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the book and on the special black rock is the biggest investment firm in the world. They have
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seven or $10 trillion under management just themselves. But when you add the European
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central bank and the federal reserve, you're, you're approaching $30 trillion that they directly
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affect that that's massive. Nobody's ever been like that. They're also the only Western group to
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ever be allowed in to China to do investing as well. It's a, it's very bad anyway. So he just
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wrote, Larry Fink just wrote when my partners and I founded black rock starting 34 years ago,
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we had no experience running a company over the last three decades. I've had the opportunity to
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talk with countless CEOs and learn what distinguishes were truly great companies time
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and time again. They all share what we have a clear sense of purpose, consistent values. And crucially,
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they recognize the importance of engaging with and delivering for their key stakeholders.
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This is the foundation of stakeholder capitalism. Stakeholder capitalism is not about politics.
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It's not a social or ideological agenda. It's not woke. It's capitalism driven by mutual beneficial
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relationships between you, the employees, the customers, suppliers, and communities your country,
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your company relies on to so they can prosper. This is the power of capitalism. This is an out and out
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lie. This, this is, this is the happiest spin you could possibly put on this pig. This is,
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this is lipstick that you're like, dude, man, you're still kissing a pig. It's still a pig. No,
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look how pretty she is. It is. It's crazy because they are now starting to defend themselves. It hasn't
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happened before the, the things that the opposition will do. There's what, there are trillions of dollars
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at stake. I'm not suicidal. I am at a very good mood. Uh, I'm, I'm a very good driver. Uh, my brakes
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work, uh, there's trillions of dollars at stake and they are not going to sit idly by. Um, but I will
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tell you local is the only thing they cannot beat local. I'll explain more of that tonight. Get the book,
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get the Kindle version right now. The great reset. You just go to glennsnewbook.com, click on the
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Kindle version and, uh, download it and read it now. Tonight, full commercial free episode on blaze TV.
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You're listening to the best of the Glenn Beck program.
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So I was very excited yesterday to see that the West Virginia state treasurer
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has said that they are div, uh, divesting, uh, themselves from any, uh, uh, any investment of
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state funds in black rock. If this happens and takes hold across the country, that will hurt black
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rock and it will stop some of their crazy stuff that they're doing. For instance, trying to stop
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all goal, uh, uh, gas oil, uh, and coal. They are going to cripple these industries. Texas, as you'll
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find out here in a few minutes, Texas has already signed the bill past it and then signed it. The
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governor signed it. Uh, but they're not doing anything. Black rock is doing a tap dance and
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they're not doing anything. West Virginia, the state treasurer there, Riley Moore, uh, announced
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that the, um, investment from the treasury no longer going to black rock investment fund. We have
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Riley Moore on the phone with us. Now, the, uh, state treasurer for West Virginia, Riley, how are
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you, sir? I'm doing great, Glenn. And thank you so much for having me on and allowing me to speak
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to you and your audience about this really important issue. It's a real honor and a privilege to be on
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here. Well, thank you very much. I'm, I, I saw this news this, uh, what was it? Monday or Tuesday.
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And I was thrilled to see that you guys were taking real action. Tell me what you've done and why you did
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it. Well, what we have done is we have divested, um, the state treasury completely out of black rock
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and, um, our inflows and outflows with that black rock fund, uh, was about one and a half billion
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dollars. It was an overnight sweeping account that we had had with them. And we decided, look,
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these people are diametrically opposed to our industries. We want to do business with people
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that want to do business with us. Look, we are an energy state. We do coal, we do natural gas.
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We're not going to pay black rock to destroy our industries, right? I mean, they have this crazy net
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zero goal out there and they are hurting our industries incredibly along with a lot of these
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other financial institutions, which I can go into because at one point, um, on your show, I was,
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uh, I do listen, you, uh, touched on the, uh, letter that we had sent out, uh, to all the big banks
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here in the United States as well. So this, we are putting words into action, which is what more elected
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officials need to do in this country. And people need to look to the States to stand up and fight,
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or we are going to get buried by this. And we're not going to be able to dig ourselves out.
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I can't tell you how happy I am to hear this from you, Riley. Um, tell me, tell me, let's start with
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the banks first, because you sent that letter out to the banks. Tell people what you've done and what
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their state should also do. What we have done is we have, there's 15 state treasures, and this is on my
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website, by the way, more for wv.com. If you want to see the letter and, uh, 15 state treasures,
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we formed a coalition, which I am leading that coalition. And we are reforming our banking
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contracts in all of our States here in West Virginia. When we go through that process,
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a bank is going to have to certify that they are not boycotting the fossil fuel industry. If they
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cannot meet that certification, they will be ineligible for a banking contract here in the
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state of West Virginia. The other States on that letter, they're going through their processes to
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do the exact same thing and put the screws on all these people. I mean, this is multi-layered, uh,
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in terms of the threat that it causes, not only to the citizen, because the end of the day,
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without coal and gas, your utility bill is going up. The companies aren't paying this.
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You're going to pay for it. Secondarily, it hurts our energy independence and makes us more reliable
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on foreign resources. Why would we want that in America? We had energy independence. So all of us
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are coming collectively to push back on this, this BlackRock announcement. I will tell your audience,
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this is just step one. You're going to hear a lot more of this coming out of my office in the coming
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months of other contracts. We were going to move on. Thank you. Thank you. Thank you for taking this
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seriously and actually taking concrete steps. It is going to take people like you and people that,
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you know, vote in West Virginia to actually take a stand. There's no way to fight this, uh, on the
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international level. It is so far gone. But if you start hitting them in the pocket and you also,
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and I want to ask you about this with the state, with the, uh, banks, you're specifically talking
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about, um, the, uh, the planet and green new deal and everything else. Um, that's only the E out of ESG.
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Are you concerned about the full package of social justice, uh, and governance as well?
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Absolutely. We are. And as I said, this is step one. This is, these are our first steps right now.
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We got to do everything we can to save these industries. Cause I will tell you, I've had coal
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operators, not only in West Virginia, but all over this country and natural gas guys as well, come in
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and say, we're losing access to capital. I would urge your listing audience here, go Google the top
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biggest banks and look up their ESG policy frameworks. This isn't hidden now. It is out in the public and
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it's in black and white. And it says, we are going to deny loans, a presumptive denial to any industry
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that is involved in the fossil fuel extraction industries. That is an outright denial in this.
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And that in the end of the day, what is it about control? They are trying to control us in West
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Virginia and around this country. And we're not going to take it anymore. And I tell you, this has
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been going on for decades in West Virginia. This is a state that just think about this. These are the
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same folks that sold us on globalization. Hey, listen, you're going to get all your goods cheaper
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and it's going to make your towns and cities better. Well, guess what? Globalization happened
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in these long stretch supply chains. We lost our jobs. Walmarts came in and took over all our small
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businesses, got decimated in all of our towns. And now they're coming back for our jobs. The last
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jobs that we have, they're coming back for our jobs. And if they come and take these coal mining
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and gas jobs, what are we left with? Working at Walmart. It's like we're indentured to these people
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and we're not going to take it anymore. I love you. I will tell you that West Virginia is one of my
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favorite, one of my favorite states. And also because of the history, you guys have a history of
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standing up for what is right. I mean, you were part of Virginia and the civil war starts and you
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are like, I don't want anything to do with that. And you went and became West Virginia. Um, you guys
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have stood the test of time and you also are the, the quintessential when you think of the hard
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working hard living, uh, uh, American worker. It really is embodied in West Virginia. I can't,
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uh, I can't believe that, um, West Virginia has taken it for this long. It's like Texas. We're still
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screwing around in Texas. I don't know why, but we're still playing footsies with black rock.
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We should be divesting. I saw they passed that bill and we have an additional, because I want
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more coming out of here. We have a bill that just passed out of Senate energy. We're actually in
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session here right now in the state legislature bill passed out of Senate energy. We're going to
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have a bill that is going to publicly list these financial institutions that are prohibited from
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banking in West Virginia. Cause the people of West Virginia, they want to know, they're asking me,
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what banks are you talking about? Now, obviously for liability purposes, you know, I'm not necessarily
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going to name all of these banks right now. Here, uh, I tell you what, I'll, I'll do some work for
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you. Um, name the five biggest banks in America, the five biggest banks in America. We know that the
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federal reserve is just a coalition of the five biggest banks. They're the biggest banks. The ones
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that cannot fail. Don't take my word for it. Just go do your own homework on their own websites and
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look up their ESG policies for environmental social justice and governance scores. They all have them.
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If they have them divest, get out of those bank and go to a local bank.
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And I will tell you, there are banks that I have talked to. They're not the top five,
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but they're not too far down from there that are saying, thank you for doing this. Now we can go
00:23:57.200
back to our board and our shareholders and say, listen, there's risk on the other side of this too.
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And the end of the day, all we want is a bank to act like a bank, assess risk, assess capital. If it's
00:24:10.940
a bad loan, don't make the loan. But if you go all the way down the road here on this,
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where we're going to potentially end up, what could potentially happen is let's say you go in
00:24:22.400
for a home loan 10 years from now or whatever. And it says, well, here's one interest rate.
00:24:27.480
If you have solar panels on your house, here's another interest rate. If you don't, they are
00:24:32.320
trying to control our behavior. And look, we don't want what they want. And what we want is to be free
00:24:40.760
to make our own decisions, work our own jobs. And you touched on it. You know, these hardworking
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folks in West Virginia, the average coal miner is making nearly $90,000 a year. These are great
00:24:53.940
paying jobs. People don't realize that they think we're throwing people down a mine shaft somewhere.
00:24:59.540
No, they love these jobs. You know, what are bad jobs? Working over in the Democratic Republic of
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Congo and mining cobalt for the electronic batteries that go in the electronic cars.
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They got slave labor essentially going on over there. And China's running those mines, by the way.
00:25:16.860
You know, that's really interesting. You bring this up, Riley. We're talking to Riley Moore,
00:25:20.140
West Virginia's 25th state treasurer. He was elected in 2020 and is taking a hard stand against ESG
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scores, the Great Reset and BlackRock in particular. It is fascinating to me that people
00:25:34.460
will say, well, if you're not going to invest in BlackRock, I mean, they're the biggest ones out
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there. I mean, they're making money hand over fist, yada, yada, yada. But they're also empowering
00:25:43.480
China and literal slavery. And it doesn't seem to matter to anyone.
00:25:49.560
No, you don't hear the left talk about this at all. I mean, there is a literal genocide going on
00:25:55.540
with the Uyghur population over in China. If people have not read about this, they are in
00:26:01.580
concentration camps, essentially working and building all the components that get sent back
00:26:08.200
here to the United States. Meanwhile, by taking our jobs, we have to get away from it. And the
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scariest thing is the U.S. and the Chinese economy are decoupling right now. But China is decoupling
00:26:22.820
faster from us than we are them. China knows what time it is. They got a plan. We don't have a plan.
00:26:32.560
Did you, one last question. When I first started talking about this about a year ago, year and a half
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ago, I was immediately, you know, conspiracy theorist, et cetera, et cetera. The banks denied it.
00:26:43.520
Are you having any problem making this case now, Riley? Because it's so transparent. It's all out
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in the open now. You know, it's becoming easier now because of programs like yours. But I will tell
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you, not everybody is talking about this. And people really need to tune into this and be aware of it
00:27:00.240
because you can vote with your money. You can vote with your money, whether it's your 401k or otherwise,
00:27:05.840
talk to your money managers. There are also companies out here, money managers that are coming up with
00:27:11.240
these portfolios called ex-China, where they're invested in emerging markets that are not China.
00:27:18.760
People, the market is actually speaking. It's the people that are speaking because they don't want
00:27:24.200
this anymore. So because of programs like yours, it's added, thank God, validity to what I'm doing
00:27:31.900
because when I first started talking about this, people thought I was crazy. You know,
00:27:35.800
I got the tinfoil hat on and I'm a conspiracy theorist. And then as soon as Biden got elected,
00:27:41.120
it was one month into it, coal companies and gas companies coming in and saying,
00:27:45.660
we are in trouble. We're going to lose access to capital. We don't know what we're going to do.
00:27:51.300
And then we heard that John Kerry is going around and pressuring banks to divest at the same time.
00:27:59.580
So there's this extra legal channels being made to pressure them. And who are they pushing on?
00:28:05.660
The Googles, the Facebooks and all of them. If this bank doesn't divest, then we'll get Googles
00:28:12.380
and Facebook to leave. It's an entirely coordinated effort going on out there. And how soon will it be
00:28:21.880
where we as individuals, like in China, get ESG scores? When will ESG be part of your credit score?
00:28:30.740
To be able to buy a home, credit card, anything.
00:28:33.720
If we don't stop it, it will happen soon. Riley Moore, the West Virginia State Treasurer.
00:28:38.800
I wish I was in your state, lived there so I could vote for you. You're fantastic.
00:28:44.520
Riley Moore, West Virginia State Treasurer. Thank you. Please let us know anything we can do to help.
00:28:59.580
Tonight, 9 p.m. Eastern on the Blaze TV channel.
00:29:13.480
You can find this only online, but you can also find it several different places, including
00:29:21.700
Roku and what's that other place? Pluto TV and YouTube.
00:29:35.560
I'm a subscriber, so if you're a subscriber, watch tonight, 9 p.m., an hour commercial-free
00:29:44.260
We're going to talk to you about what it actually means to you, not just corporations.
00:29:54.100
And this particular case, the state of Texas is...
00:30:01.880
It's long and detailed, but to sort of boil it down, there are two parts of what they're
00:30:08.960
One is incoming new contracts, so like new deals that they're working on, and then the
00:30:17.540
The new ones, they're saying this is already in place.
00:30:19.780
They're already running all this through and trying to avoid, particularly as based on oil
00:30:24.540
and gas, these sorts of restrictions, so new business has already, this is already taking
00:30:31.860
The existing stuff that was going on, they are still looking for suitable candidates
00:30:39.660
As they point out, the law doesn't specifically just talk about BlackRock.
00:30:47.240
And then you shouldn't be able to just target one company in a law.
00:30:50.580
No, and it also shouldn't just be targeting for oil and gas.
00:30:59.460
So they're trying to come up with a longer term solution so that they can catch all of
00:31:07.700
They have not announced the details on that yet.
00:31:12.560
He is the president and founder, Center for Industrial Progress.
00:31:16.400
He's the author of the book, Moral Case for Fossil Fuels.
00:31:22.020
We just got a note from the state of Texas saying, we're working on it.
00:31:28.120
We want to make sure that we have it broad enough.
00:31:36.680
We are currently working to establish suitable candidates for the divestment list related
00:31:44.020
We have been tasked with examining an extremely large universe of financial companies, and it
00:31:48.660
would not be appropriate to comment on a single firm prior to releasing the full initial list
00:31:52.800
of companies subject to the divestment provisions in SB 13.
00:31:56.740
Comptroller Hagar is committed to safeguarding the Texas economy and Texas jobs, but that cannot
00:32:02.540
be accomplished by narrowly focusing on one entity.
00:32:05.520
Texas lawmakers could have singled out one company, but they understood the approach would
00:32:09.600
not have the impact needed to address this alarming trend.
00:32:12.240
Additionally, this issue of long-term concern for Comptroller Hagar with increased promotion
00:32:20.340
He has noted when discussing other efforts, including divestment lists related to companies
00:32:25.000
boycotting Israel or doing business with Iran, the agency is focused on creating a transparent
00:32:29.760
and defendable process that not only reliably identifies current suitable candidate companies,
00:32:36.120
but also creates the framework for highlighting potential future future candidates.
00:32:46.140
I mean, there's a lot to discuss in terms of this legislation, which hasn't been what I'm
00:32:50.240
commenting on, because it's challenging to do something about that.
00:32:54.880
But what I'm really focused on with BlackRock is they're really trying to have it both ways.
00:32:59.900
They've got an enormous amount of status, prestige, and money by leading the movement to eliminate
00:33:08.300
And if you look at what they say in their letters, they say this requires emissions to
00:33:14.560
And that, by the way, was starting in 2020, where emissions were a lot lower than now.
00:33:19.840
And they're saying that, but they're also saying, oh, no, we love oil and gas.
00:33:24.500
And my point is, those two things are contradictory.
00:33:26.820
If you want to eliminate emissions, then you are going to rapidly eliminate oil and gas, and
00:33:31.740
you should take responsibility for the shortages and high prices that have occurred
00:33:36.980
I'm concerned that, I mean, I think targeting BlackRock and getting people to understand
00:33:43.240
if you're investing with them, you are investing in the Great Reset and the ESG system.
00:33:52.320
It is any banking institution, any investment firm that is using ESG scores to be able to
00:34:08.780
And so I have this website I set up called energytalkingpoints.com.
00:34:11.580
And if you just search ESG on that site, you'll get the information about why I think ESG is
00:34:16.600
anti-development, anti-freedom, and ultimately anti-America.
00:34:21.080
And it's because it's really targeting the energy industry.
00:34:24.820
And what it's doing is it's opposing low-cost, reliable energy from fossil fuels, as well
00:34:32.200
And what this does is it reverses the function of finance, which is supposed to be to invest
00:34:37.680
It's making energy capital inefficient, and energy is the industry that powers every other
00:34:42.160
And so that means everything is going to be more expensive because of this ESG movement.
00:34:49.140
BlackRock just happens to have a leadership role that they're being particularly evasive
00:35:00.920
I mean, right now we're seeing, because Davos is having their meetings on the Great Reset this
00:35:07.340
week, and we've already heard Fauci speak about how they have to figure out a way to silence
00:35:25.880
They can arbitrarily say you are presenting misinformation and that your company is now posing
00:35:33.700
a risk to the stability of society, and we can't support you.
00:35:48.760
I mentioned energytalkingpoints.com if you search ESG, but I'm reading from it now.
00:35:52.220
ESG was a movement cooked up at the UN, not exactly a leading expert in profitable investment
00:35:56.440
to impose moral and political agendas, largely left-wing ones, on institutions that would not
00:36:03.120
So it's really taking all these leftist ideas and it's trying to impose them via corporations,
00:36:08.300
often because the people are dissatisfied with the ability to get voters to support these
00:36:14.300
That's the biggest thing that is so disturbing as they talk about democracy, which we're not
00:36:22.240
But as they talk about democracy, this undercuts democracy.
00:36:26.100
There is this is the elites having their voice because they can't get the people to sign on
00:36:39.740
And they will put it as, oh, we're so rational and the people are irrational.
00:36:44.120
So that's why we envy China and we want to be able to impose whatever we want.
00:36:48.040
But my view is with most of these things, they don't have any good arguments and certainly on
00:36:51.940
They don't have any good arguments for why you should rapidly eliminate fossil fuels,
00:36:55.280
not support nuclear, promote unreliable solar and wind.
00:37:02.280
And that's going to make everything more expensive and life worse.
00:37:05.200
And what we're seeing right now is just a mere taste of it.
00:37:08.520
If you look at the European energy crisis, rising prices here, this is just a taste of
00:37:14.840
And so this should clue us into these experts don't really know what they're talking about.
00:37:19.020
If they knew what they're talking about, they would just try to persuade us and let free
00:37:22.500
markets develop these amazing solutions that they claim are amazing.
00:37:25.840
Well, but they've also they've also taken things out of the mix.
00:37:29.480
For instance, the safest energy, the safest energy, the cleanest energy is nuclear.
00:37:43.200
The 30 or 40 percent of their power plants in a test.
00:37:48.660
And it's going to cause energy prices in France to raise, they say, 40 percent in the coming
00:37:54.660
Because I mean, there's no reasoning with anyone.
00:38:02.260
And instead, they're going to jack with people's lives, with their safety and also with all
00:38:11.220
The nuclear thing, I think, is a very revealing example because it doesn't involve the issue
00:38:18.400
And as you said, it's the safest form of energy.
00:38:22.220
And so people can claim to be concerned about CO2.
00:38:24.680
You'd expect them to love nuclear, but they don't.
00:38:27.120
And they often oppose large scale hydro as well.
00:38:29.380
And the core of this is really philosophy slash religion.
00:38:32.100
They really believe in the idea, whether they know it or not, that our goal should be to
00:38:35.700
eliminate human impact on Earth, not to advance human flourishing on Earth.
00:38:39.640
And so they look at everything from that perspective.
00:38:45.660
It impacts free-flowing rivers, and they're totally willing to sacrifice civilization for
00:38:57.220
That's the interesting thing, is how do you sort of integrate a bank like this with these
00:39:03.540
And I think what happens is whenever you have a certain wrong moral idea or even a right
00:39:10.620
So we have this core moral idea in our civilization that we should be eliminating our impact on
00:39:15.740
And above all, we should be eliminating our impact on climate.
00:39:20.000
And so what BlackRock has done, whatever their exact motives, is they're cashing in on that
00:39:25.560
and saying, okay, we're going to be the leader of eliminating our impact on climate.
00:39:29.180
So regardless of what Larry thinks convictions are and how corrupt or not corrupt he is,
00:39:33.380
he's pursuing an ideal that almost everyone agrees with on some level.
00:39:39.960
I think except the people who really believe it.
00:39:41.960
I mean, what was the guy's name, Stu, he had on the air?
00:39:49.980
And he came out and said, this whole thing is a scam.
00:39:54.800
This is not about actually doing something for the environment.
00:39:59.900
Yeah, well, I think that's true for a lot of people.
00:40:03.620
And you see there's a lot of lying, like companies claiming I'm 100% renewable.
00:40:10.460
But still, what I'm focused on is there's still this moral monopoly on the idea that it's
00:40:17.100
And so our focus should be eliminating our impact.
00:40:19.360
And what I'm just saying is that these profiteers, they look at that debate.
00:40:25.960
And that's why I'm focused on the philosophy and the framing versus just trying to go after
00:40:35.600
They would be a good company to make an example of.
00:40:44.100
Starting to be real movement on the Great Reset.
00:40:48.780
And I know we are a million miles away because we're so far behind.
00:40:53.620
But if people wake up to it and you start speaking with your money and speaking to these
00:41:02.360
institutions as states, locals, and individuals, I think you can beat this.
00:41:15.280
I think it's very important to put it as a progressive phenomenon.
00:41:20.740
And I hate the idea that regressives get called progressives.
00:41:23.660
And I think what's needed is to have a clear idea that this is evil, that it's statism, that
00:41:28.760
it's a regress, but also to have an idea of progress or being pro-liberty, having a vision
00:41:34.320
for how more liberty will lead to more human flourishing.
00:41:37.180
And I just mentioned that website, energytalkingpoints.com.
00:41:39.420
If you search on that long-term value creation, I put forward a positive alternative to ESG where
00:41:44.620
companies are focused on the long-term without sacrificing to these leftist gods.
00:41:49.140
And I think that that's one attempt to give a positive, not just to pose the negative.