The Woke Street Journal
August 29, 2024
August 29, 2024

The Woke Street Journal

All The News That Isn't Fit To Print

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Hah....

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ESG

Anti-ESG Bills, Priorities Languish in Congress’ Fourth Quarter-Bloomberg Law

European ESG Fund Naming Rules Set for November-ETF.com

The regulator, referred to as ESMA, has said it's implementing the guidelines to protect investors from greenwashing and unsupported sustainability claims. ETF and issuers of other funds have been accused of overstating the environmental benefits of their environmental, social and governance products, leading to a crackdown in the U.S. and Europe over so-called greenwashing.  In the U.S. last year, Goldman Sachs Group Inc. was fined $4 million for failing to comply with ESG-related policies and procedures and BNY Mellon was charged $1.5 million for ESG violations.

DEI

The right-wing activist riding a wave of opposition to DEI in corporate America-CNN

Starbuck is both riding a wave of right-wing hostility to DEI programs and corporate advocacy on issues like climate change and LGBTQ rights and advancing the opposition himself. He has channeled energy on the right to target specific brands popular with politically conservative customers — Harley-Davidson, Tractor Supply Co. and John Deere — and relentlessly drawn attention online to their past publicly-stated policies. Starbuck has also claimed credit for Brown-Forman and Lowe’s internal announcements in recent weeks to scale back some of their diversity and inclusion programs.

Continue to be a strong believer that companies that focus on profits, and stay out of politics, are going to be more innovative, and more profitable. We will have the ability to see how that goes in September when we launch ESGX. Stay tuned.

Ford has retreated from its DEI goals. A new study says companies that embrace them are more innovative.-MarketWatch

The company added that over the past year, it had “evolved” its employee-resource groups to focus on professional development and community service. It also said it would not “use quotas for minority dealerships or suppliers,” and would hold off on publicly commenting on the “many polarizing issues of the day.”

Companies rolling back DEI efforts: Here’s why-CNBC

Election

X Community Notes for the win: ‘Our corrupt leadership’: Vance tries to tether Harris to Biden during Michigan rally

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@TulsiGabbard The Huffington Post is dutifully lying as a member of the propaganda media, claiming that I went to Russia in 2022 in their attempt to lend credibility to Hillary Clinton’s lie that I am a “Russian asset”. If it had ever been in the interests of our country for me to visit Russia, then I would have — but the truth is, I've never been to Russia (unlike Hillary Clinton, Biden and so many others). But that won’t stop them from spreading this and other lies intended to destroy their political opponents.

Market

The biggest news item of the week IMHO kind of sucked with NVDA beating across the board, but not impressive enough. Interestingly, the market seems to be doing fine regardless and NVDA is currently way off the lows. It's way early, but you could imagine dip buyers coming in and turning this thing green.

Make America Healthy Again

The Empire Strikes Back.......
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I think omega 3s are important. You can get them from fish and grass fed beef. The problem with articles like this is they don't talk about the high mercury content of some fish or the difference between farmed and wild.

This one food can cut your risk of Alzheimer’s by 30% — but the world may be running out of it-MarketWatch