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“The whole ESG scheme is designed to funnel your retirement cash to the maniacs on the unconventional left,” Former President Donald Trump warns in a brand new video denouncing new Biden Administration guidelines permitting asset managers to put money into environmental, social and governance causes, on the expense of fund development.
“We MUST defend People from Radical Leftist ESG investments—I did it as soon as, and it is time to do it once more as I set the instance for Republicans throughout the Nation to comply with my lead in preventing ESG!,” Trump writes on Fact Social, introducing a video by which he describing the hazards of the ESG motion.
“These individuals are sick,” Trump says within the video, including that ESG investments may by no means appeal to funding with out assist, based mostly solely on their revenue potential:
“These poorly-performing woke monetary scams are radical-left rubbish that may by no means be funded on their very own, and positively by no means be funded on their very own deserves.
“The whole ESG scheme is designed to funnel your retirement cash to the maniacs on the unconventional left.”
Trump additionally takes intention at President Joe Biden for the brand new guidelines permitting asset managers to speculate their purchasers’ retirement and pension account cash to advance liberal ESG political causes:
“He’s making an attempt to make use of your cash to fund fringe left-wing causes at your expense. You’re paying the value for all of this. And, it’s destroying our nation, beside.”
Trump says that, if he’s reelected president in 2024, he’ll take motion to forestall asset managers from investing based mostly on their political objectives, as a substitute of their purchasers’ monetary finest pursuits:
“Once I’m within the White Home I’ll signal an government order and, with Congress’ assist, a legislation to maintain politics away from America’s retirement accounts eternally. I’ll demand that funds make investments your cash that can assist you, not them.”
“I’ll as soon as once more defend our seniors, as I did earlier than, from the woke left,” Trump says, concluding his remarks with a warning:
“And the woke left is dangerous information. They destroy international locations.”
Editor’s Observe: This piece reprinted with permission and was first revealed on CNSNews.com
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