BlackRock and ESG

Today, we're diving into the absurdity that is BlackRock, ESG scores, and the grand game of global finance. Buckle up; it's about to get wild.

BlackRock: Larry Fink, the “Mr Fix-it” and the Final Boss

So, you've heard of BlackRock, the grand puppet master pulling strings in every government and company. Larry Fink, the financial sorcerer, became Wall Street's "Mr Fix-it" after the subprime crisis. Now, he's the final boss of the financial game, managing a cool $9,000 billion and owning more shares in major companies than their founders. Talk about playing Monopoly with real money!

BlackRock's EU Expedition and Ecology Shenanigans

Ever wondered who's behind the European Union's policies? Surprise, surprise – it's BlackRock! They're pushing for flexible and voluntary rules that could undermine Europe's attempt at a just transition. With €28.3-31.9 million in lobbying and secret handshakes with senior EU officials, BlackRock's influence is more tangled than a plate of spaghetti.

And don't get me started on their definition of 'green'. According to them, gas and nuclear are the eco-warrior's dream – because, you know, everything can be green or not. It's like they picked these things out of a hat (or maybe a golden sack of money).

ESG: Because Investing Responsibly is so Last Season

Enter ESG, the golden ticket to virtue signaling in the financial world. BlackRock decided investing is good, but investing in 'responsible' companies is better. ESG ratings, however, are like the horoscopes of the financial world – based on subjective and unregulated data.

Companies get upgrades without making actual improvements, and McDonald's gets a pat on the back despite being a carbon emission heavyweight. It's like giving an award to a marathon runner for taking the elevator.

ESG Shenanigans: The Carbon Emission Dodge

Want to boost your ESG score? Easy! Diversify your employees, work on data protection, and, oh, make sure your board has a cozy structure. But reducing carbon emissions? Nah, that's not worth any points. It's like rewarding a student for turning up to class but not caring if they actually learn anything.

ESG, the great illusionist, makes it look like companies are saving the world when, in reality, it's just smoke and mirrors to attract investors.

Larry Fink's Mind Games and the WEF's Master Plan

What's Larry Fink's endgame? Making money, sure, but the plot thickens. The theory floating around suggests the World Economic Forum (WEF) wants to turn the world into a real-life 1984 – with everything under control, just like China.

And here's a curveball – I'm not exactly on the 'reduce carbon emissions' bandwagon. Call me crazy, but maybe the whole carbon emissions drama is a bit overblown.

What do you think? Is this financial fiasco a comedy, a tragedy, or a poorly scripted thriller? Hit reply and let's turn this newsletter into a gossip corner for the financially fed-up.

Stay skeptical and financially rebellious!