The Trump Effect

#52
#52
lawgator1 said:
Depends on what happens and why.

If for example the cease fire holds and a larger agreement evolves due to his efforts I'll be happy to give credit to Trump.

Conversely, if his egomaniacal bluster takes over while the deal unravels, he'll be correctly criticized.

Seems to me you anticipate the latter and are already deflecting the rightful criticism which will follow.
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Never change.
 
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#53
#53
lawgator1 said:
Trump gets the credit for everything good, no blame for anything bad. Just ask him.

Oh, and if he claimed credit when he thought it was good but then it turns out it was bad, he had nothing to do with it.
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Did Biden cure cancer yet???
The first thing Biden said in his recorded good by speech was taking credit...if Biden had done this and it the same plan from months ago why wasn't it down then.....Trump made the deal got the with force...it wasn't till his proxy met with BN that the deal was struck...
 
#56
#56
Perhaps more accurate to label the '2024 Election and Lawsuit Effect', but good news either way: How BlackRock Helped Stack Exxon's Board With Climate Radicals
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A recent House Judiciary Committee report details how America’s largest financial institutions, colluding with climate activists, imposed radical environmental policies on the American economy, subverting both our self-government and free markets. It focuses on the successful effort to insert climate activist directors on the board of energy giant ExxonMobil.

According to the report, there is “substantial evidence of a ‘climate cartel’ of financial institutions” including the “Big Three” asset managers (BlackRock, State Street, and Vanguard), several massive state pension funds, European investment firms, and the two foreign-owned proxy advisory firms that dominate the American market.

This cartel coordinated its efforts through a network of “alliances” that included “left-wing environmental activist” groups such as the Glasgow Financial Alliance for Net Zero and The Net Zero Asset Managers initiative (NZAM). The Big Three belonged to both.

The cartel made Exxon a “focus company” on its “climate blacklist,” subjecting Exxon to “a barrage of shareholder pressure campaigns — more than any other company in the world” — all designed to force Exxon to reduce its fossil fuel production.

The Big Three’s support was “crucial” to the success of this effort. Combined, they owned 20.5 percent of Exxon’s shares. The cartel believed that was enough “clout to change outcomes.” As it turned out, it was.

In 2021, the cartel used a fledgling activist hedge fund called Engine No. 1 to nominate environmentalists to replace Exxon board members. At first, people thought it was a joke. It wasn’t. BlackRock voted for three of the nominees. State Street and Vanguard voted for two. All three climate activists were elected to Exxon’s board.

Then it got worse. As absurd as it sounds, within less than a year, Exxon — our nation’s largest and most profitable oil company — adopted a policy of net zero carbon emissions by 2050. So America’s preeminent oil company now supports severely reducing if not eliminating the very product that justifies its existence. Why would Exxon do that?

Well, not because the people’s elected representatives voted to enact such a self-destructive policy. Despite extreme media and activist pressure, there is no legislation requiring Exxon to adopt a net zero policy — because it’s a ridiculous thing for an oil company to do, and many Americans do not support it.

Nor was there a lack of consumer demand for Exxon’s products. On the contrary, the demand for oil is accelerating worldwide.

Nor was it in the best financial interests of Exxon’s actual shareholders (the Big Three’s investor clients) for Exxon to pursue climate commitments at the expense of its most profitable products.

It happened because the Big Three used the power they derive from investing other people’s money to force compliance with a radical political goal, overriding both our self-government and our consumer-driven free market economy.

But what about the Big Three’s fiduciary duty to invest solely in their clients’ best financial interests? Even lawyers affiliated with the environmental activist group Climate Action 100+ — of which both BlackRock and State Street were members — thought that “the economic and social costs” of Paris Agreement compliance “are so high” that they do not align with the fiduciary duty that asset managers owe their clients.

On the upside, the Exxon vote brought the cartel’s radical climate activism out in the open. Not surprisingly, people reacted. State legislators passed fiduciary duty legislation. Republican AGs sent letters to the Big Three, alleging that they had violated their fiduciary duties, and Tenessee filed a lawsuit against BlackRock. Eleven states filed an antitrust case against the Big Three. And now we have the House Judiciary Committee finding of “substantial evidence of collusion and anticompetitive behavior” with the Trump administration about to take office.

Perhaps coincidentally, in recent weeks there has been an exodus by major U.S. financial companies from climate activist groups, including BlackRock’s recent withdrawal from NZAM. If you’re wondering how important BlackRock was to this effort, within days, NZAM suspended its operations.

BlackRock now claims its NZAM membership “caused confusion regarding BlackRock’s practices and subjected [it] to legal inquiries from various public officials” but didn’t really affect how it “manage[d] [clients’] portfolios.”

That’s hard to believe, but the good news is that if it’s true, BlackRock will have plenty of opportunity to prove it — in the lawsuits it’s up against, in future congressional investigations, and before the Trump administration officials tasked with enforcing antitrust laws and the fiduciary obligations imposed by ERISA.

Will there be a meaningful change in the Big Three’s environmental activism? They each issue updated proxy voting guidance in the spring. BlackRock’s is already out. This year’s guidance will be worth a close read.
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BlackRock's Larry Fink has been the most visible of the 'cartel', advocating an ideological position of net zero, that adoption often needs to be forced, and that Black Rock is forcing these behaviors, and that companies will fall in line or "lose their license to do business".
 
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#57
#57
Zues1 said:
Thanks StarRaider for posting this. Me and the misses are big Dwight fans.
That song hits home to a lot of families
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Funny how Yoakam faced similar criticism Elvis did early on - that hip-twisting and other stuff ain't real (country) music.
And for quite a while can be considered as one of a relative handful writing and performing actual country music.
 
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#58
#58
lawgator1 said:
Trump gets the credit for everything good, no blame for anything bad. Just ask him.

Oh, and if he claimed credit when he thought it was good but then it turns out it was bad, he had nothing to do with it.
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Logic would hold that the guy holding the keys in a few days and warning you of a shite-show if hostages aren't released, might wield more influence than the guy forced out by his own party to coronate a woman no one got to primary, and is the deadest duck in presidential history.
 
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#60
#60
hjeagle1vol said:
Pics of Bidens policy and effects Trump will make you mean? It was the kiddie diddlers that got to you huh?
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The "kiddie diddlers" are in the Trump admin my guy, you can't just say every trans person is a pedophile unless your brain has been rotted beyond recognition
 
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#61
#61
NCFisher said:
Funny how Yoakam faced similar criticism Elvis did early on - that hip-twisting and other stuff ain't real (country) music.
And for quite a while can be considered as one of a relative handful writing and performing actual country music.
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The guy puts on a fantastic/ Fun show.
Everyone in the band are masters of their craft
 
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#62
#62
Zues1 said:
The guy puts on a fantastic/ Fun show.
Everyone in the band are masters of their craft
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Been to a lot of concerts. One of the best was the Steve Miller Band up in the mountains in Park City, UT. Its a natural Amphitheater like Red Rocks,CO where there are tall cliffs behind the audience on 3 sides. They played all their greatest hits and encore played "the Joker" "wild mountain honey" etc again for a 2nd time. Beautiful sunny evening, perfect weather. The crowd was packed in tight and the biker/hippie looking dude and his GF sitting right in front of us fired up a fatty of some skunk weed when the show started and kept one buring for almost the entire show. He must have had a dozen of them rolled in his cigarette pack before the show. I was like 15yo...we got about 2/3 of the way thru the show and i looked over at my Dad and my sister and we all laughed hard. We were high as kites man. Dad was still on active duty and said "hope they dont piss me this month!".We were giggling and singing along it was great.We breathed so much 2nd hand weed smoke that we all got blistered. The SMB put on a great show that day and I got really high for maybe the 3rd or 4th time in my life. It was the only time I ever saw my Dad or sister high.


Miss you Dad. Thanks for the memory.
Rest in Peace and Go VOLS
 
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#63
#63
marcusluvsvols said:
Been to a lot of concerts. One of the best was the Steve Miller Band up in the mountains in Park City, UT. Its a natural Amphitheater like Red Rocks,CO where there are tall cliffs behind the audience on 3 sides. They played all their greatest hits and encore played "the Joker" "wild mountain honey" etc again for a 2nd time. Beautiful sunny evening, perfect weather. The crowd was packed in tight and the biker/hippie looking dude and his GF sitting right in front of us fired up a fatty of some skunk weed when the show started and kept one buring for almost the entire show. He must have had a dozen of them rolled in his cigarette pack before the show. I was like 15yo...we got about 2/3 of the way thru the show and i looked over at my Dad and my sister and we all laughed hard. We were high as kites man. Dad was still on active duty and said "hope they dont piss me this month!".We were giggling and singing along it was great.We breathed so much 2nd hand weed smoke that we all got blistered. The SMB put on a great show that day and I got really high for maybe the 3rd or 4th time in my life. It was the only time I ever saw my Dad or sister high.


Miss you Dad. Thanks for the memory.
Rest in Peace and Go VOLS
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Awesome story man ✌️
 
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#66
#66
BernardKingGOAT said:
I hope he spends most of the time on the golf course. He doesn't have to be in the freaking White House to make decisions
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And most of the courses he plays while in Residence at the WH are only a few short minutes from the Whitehouse aren’t they? Not like spending weeks on a beach like Joe.
 
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