Texas pulls $8.5B from BlackRock in stunning
blow to ESG movement
Posted By: Beardo, 3/19/2024 2:07:11 PM
The State of Texas is terminating a massive $8.5 billion investment with trillion-dollar asset manager BlackRock over the state's determination that the firm is engaged in a boycott of energy companies. In an announcement first shared with FOX Business, Texas State Board of Education Chairman Aaron Kinsey said the so-called Texas Permanent School Fund (PSF) had delivered a notice to BlackRock on Tuesday, informing the New York City-based firm of the action. According to Kinsey, the move was made in accordance with a 2021 state law that seeks to distance the state and its large public purse from financial institutions boycotting the oil and gas sector.
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Judge Scott McAfee ruled Wednesday that former President Donald Trump and eight other co-defendants can seek review of his decision not to disqualify Fulton County District Attorney Fani Willis.
McAfee granted the certificate of immediate review sought by defendants, finding it “of such importance to the case that immediate review should be had.” The decision means defendants can appeal McAfee’s decision, which allowed Willis to stay on the case against Trump after special prosecutor Nathan Wade stepped down, despite finding an “appearance of impropriety” in their actions.
The Supreme Court on Tuesday allowed a Texas law to take effect that enables state law enforcement to arrest people they suspect are illegally entering the United States from Mexico.
The three liberal justices publicly dissented from the court’s order clearing the way for the controversial statute, SB4. The order is not a final decision, and the case could return to the high court.
The Biden administration had urged the justices to block the law, passed by Texas’s Republican-controlled legislature last year, asserting it is an “unprecedented intrusion into federal immigration enforcement.”
The State of Texas is terminating a massive $8.5 billion investment with trillion-dollar asset manager BlackRock over the state's determination that the firm is engaged in a boycott of energy companies.
In an announcement first shared with FOX Business, Texas State Board of Education Chairman Aaron Kinsey said the so-called Texas Permanent School Fund (PSF) had delivered a notice to BlackRock on Tuesday, informing the New York City-based firm of the action. According to Kinsey, the move was made in accordance with a 2021 state law that seeks to distance the state and its large public purse from financial institutions boycotting the oil and gas sector.
Agents at the Central Intelligence Agency, the Federal Bureau of Investigation, and throughout the intelligence community were distributed a newsletter that celebrated an intelligence official for crossdressing, saying that dressing up in women’s clothes makes him “a better intelligence officer,” according to an internal document obtained by The Daily Wire.
The Office of the Director of National Intelligence sent its internal newsletter, called “The Dive” and obtained by The Daily Wire through a Freedom of Information Act request, to personnel across the entire Intelligence Community. Featured in the newsletter was an article by an anonymous official claiming that crossdressing makes him a better intelligence officer.
The Washington State Supreme Court officially abolished the traditional bar exam requirement for aspiring lawyers Friday due to its perceived negative impact on minorities.
The Supreme Court has announced that the bar exam is no longer a requirement for those who aspire to be practicing lawyers. The Bar Licensure Task Force claims that the exam is only minimally effective in measuring competency and noted its unfair barrier to marginalized communities aspiring to practice law, according to the Washington Administrative Office of the Courts. The Task Force on Bar Licensure found that the usual bar exam unfairly stops people from underrepresented groups from entering the legal profession.
From Tuesday's Fourth Circuit decision in Duvall v. Novant Health, Inc., written by Judge Agee and joined by Judges Quattlebaum and Floyd (upholding a damages award of "about $4 million"): (snip) "To be clear, employers may, if they so choose, utilize D&I-type programs. What they cannot do is take adverse employment actions against employees based on their race or gender to implement such a program. And as recounted above, the evidence presented at trial in this case was more than sufficient for a reasonable jury to conclude that is precisely what Novant Health did to Duvall."
“Marriage fundamentalism” advances “white supremacy,” according to a George Mason University professor.
“I theorize that marriage fundamentalism, like structural racism, is a key structuring element of White heteropatriarchal supremacy,” Professor Bethany Letiecq wrote in the Journal of Marriage and Family. (snip) Letiecq employs “critical family theorizing…to delineate an overarching orientation to structural oppression and unequal power relations that advantages [white heteropatriarchal nuclear families] and marginalizes others as a function of marriage fundamentalism.”
Ruth Bader Ginsburg's family has denounced an award in her name being given to Elon Musk and Rupert Murdoch, among others.
The Opperman Foundation has since 2020 bestowed the Ruth Bader Ginsburg Leadership Award to extraordinary people.
Actor Sylvester Stallone, financier Michael Milken, and fashion icon Martha Stewart will receive the award this year along with Musk and Murdoch.
Ginsburg, the legendary late Supreme Court justice, consistently supported progressive positions during her 27 years on the bench.
Her family lashed out at the foundation's choices as 'an affront to the memory of our mother and grandmother', without singling out the two conservative billionaires.
The Biden administration is trying to make U.S. taxpayers fund abortions by leaving out the Hyde Amendment from the Fiscal Year 2025 budget released this week.
The move marks the fourth year in a row President Joe Biden’s Office of Management and Budget has purposefully left out the Hyde Amendment, a provision that has been part of federal appropriations for decades and prevents direct taxpayer funding of abortion through programs like Medicaid. Republicans have foiled past attempts to remove the Hyde Amendment from the budget. (snip) Killing the unborn is also President Joe Biden’s day-one, number-one priority if he is reelected, his staff has said
An appellate court paused the Biden administration’s corporate emissions disclosure rule on Friday.
The U.S. Court of Appeals for the Fifth Circuit granted Liberty Energy’s request for an administrative stay against the Securities and Exchange Commission’s (SEC) corporate climate risk and emissions disclosure rule, according to a court filing. The regulation requires medium-sized and large public corporations to disclose climate change-related risks and data on the emissions created directly by their businesses in financial reports. (snip) This rule is the largest power grab in SEC history,” Will Hild, the executive director of Consumers’ Research, told the Daily Caller
McAfee Splits the Fani Baby?
24 replies
Profiles in Courage, it ain't. (snip) So, if I have this right, Fulton County Judge Scott McAfee decided to pull a James Comey, Robert Mueller, and Robert Hur:
Write a ruling saying Fani Willis and Nathan Wade are guilty as hell, have no ethics, and aren't good role models....BUT Fani can stay (snip) The problem with splitting the baby is that the baby dies. That seems to be what happened here in McAfee's attempt to be Solomonic. If he wanted Fani Willis to remain in charge of the case, he needed to exonerate her from all of these issues.
Elon Musk abruptly cancels ‘Don Lemon
Show’ on X hours after taping interview
for debut episode 13 replies
Show’ on X hours after taping interview
for debut episode 13 replies
Don Lemon was fired again — even before the debut of his new show on X.
Elon Musk abruptly canceled “The Don Lemon Show” hours after sitting down for an interview with the canned CNN anchor that was supposed to serve as his premiere episode on the platform, Lemon said Wednesday.
Lemon had taped the sitdown with the billionaire owner of X, SpaceX and Tesla on Friday.
“Elon Musk has canceled the partnership I had with X,” Lemon said in a statement posted to the social media site.
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U.S. District Judge Sharon Johnson Coleman, appointed by Barack Obama, ruled that an illegal immigrant has the right to bear arms under the Second Amendment of the U.S. Constitution.
This ruling came about in the case of Heriberto Carbajal-Flores, who faced charges under 18 U.S.C. § 922(g)(5), a federal statute that prohibits noncitizens without legal status in the U.S. from “possess[ing] in or affecting commerce, any firearm or ammunition; or to receive any firearm or ammunition which has been shipped or transported in interstate or foreign commerce.”
Carbajal-Flores, who has been living in the United States illegally, was charged
The Biden administration finalized a rule on Wednesday that’s expected to make a significant amount of the new car market electric or hybrid.
An administration official told reporters Tuesday that under the new rule, 56 percent of the new vehicles on the market in 2032 could be battery electric, while an additional 13 percent could be plug-in hybrids. That’s up from a collective 16 percent of sales being electric and hybrid cars last year.
The rule is a cornerstone of the Biden administration’s climate agenda, as the cars and other light-duty vehicles it regulates currently make up about 17 percent of U.S. planet-warming emissions. The rule also regulates medium-duty vehicles.
But
Agents at the Central Intelligence Agency, the Federal Bureau of Investigation, and throughout the intelligence community were distributed a newsletter that celebrated an intelligence official for crossdressing, saying that dressing up in women’s clothes makes him “a better intelligence officer,” according to an internal document obtained by The Daily Wire.
The Office of the Director of National Intelligence sent its internal newsletter, called “The Dive” and obtained by The Daily Wire through a Freedom of Information Act request, to personnel across the entire Intelligence Community. Featured in the newsletter was an article by an anonymous official claiming that crossdressing makes him a better intelligence officer.
A conservative fund manager has pulled investments from Tyson Foods, saying the meat and poultry giant has alienated its consumers by laying off Americans workers and hiring 42,000 asylum seekers.
Bill Flaig, CEO and co-founder of the $79 million American Conservative Values Fund (ACVF), told DailyMail.com that he has divested from Tyson and won't buy any more stock in the company.
Angry consumers are boycotting Tyson over revelations that the company is shuttering plants and laying off workers while hiring tens of thousands of asylum seekers — and even hiring lawyers for its new recruits.
A new capital would signify a new beginning for the nation. Everyone who has seen the play Hamilton knows that the nation’s capital was moved to the present site in the District of Columbia due to a dinner-table bargain in 1790 between Alexander Hamilton and Thomas Jefferson. Hamilton needed Jefferson’s support in Congress to win approval for federal assumption of revolutionary war debts; in return, Jefferson wanted Hamilton’s support in moving the capital from New York City to a location nearer to the population and geographical center of the country, later carved out between the states of Maryland and Virginia.
An Orlando elected official allegedly took control of a 96-year-old woman’s finances and spent more than $100,000 of the nonagenarian’s money on a facelift, Miami hotel room for New Year’s Eve and other personal expenses, according to recently filed court documents.
Orlando City Commissioner Regina Hill also allegedly used the six-figure sum on dental surgery, pricey perfume and clothes, and multiple intravenous vitamin infusions, according to reports.
The spending spree came after Hill met the senior citizen in March 2021 and retained power of attorney over the 96-year-old the next month, the Orlando Sentinel reported, citing an Florida Department of Law Enforcement affidavit.
Yesterday we learned the shocking news from Donald Trump's legal team that he has thus far been unable to raise the ludicrous sum of $454 million to post a bond in his civil "fraud" trial in New York City. Under the terms of the latest round of lawfare being waged against him by partisan NY Attorney General Letitia James, Trump is supposed to put up the bond in cash and can not use the value of his properties to cover the requirement while he appeals the ruling. Trump's team reportedly approached multiple financial firms, but none were willing to put up the cash against the value of
Michigan attorney Stefanie Lambert Junttila was arrested in Washington, D.C., on Monday following a court hearing after she gave the “evidence of numerous crimes” to law enforcement containing internal emails from Dominion Voting Systems, AP reported.
Lambert attended a court hearing in Washington, D.C., for a defamation case involving Patrick Byrne, whom she represents. Byrne, the former CEO of Overstock, is being sued by Dominion Voting Systems over his claims of election fraud.
Lambert’s arrest occurred after it was revealed that she had leaked confidential documents from Dominion to Barry County Sheriff Dar Leaf, who has been actively investigating claims of voter fraud from the 2020 election, according to CNN.
The EPA Is About to Outlaw Your Car
22 replies
"Outlaw your car" sounds like such an outrageous phrase, and technically speaking, it isn't true — but only barely. What practical difference is there between outlawing something, and regulating it out of existence? That's exactly what the EPA intends to do this week with strict new rules going forward against gas- and diesel-powered cars and light trucks.
Expected as soon as Wednesday, the Biden EPA "is poised to finalize emissions rules that will effectively require a certain percentage — as much as two-thirds by 2032 — of new cars to be all-electric," according to Inside EVs. Politico sells the expected rule as one that would "tackle the nation’s biggest source
What Is Obama Doing in London?
22 replies
Former President Barack Obama was spotted in London yesterday, but not as a tourist taking in the sights or looking for Princess Kate Middleton.
Instead, Obama was spotted walking into 10 Downing Street for an hour long meeting with British Prime Minister Rishi Sunak. [Tweet, video]
After leaving the meeting, Obama said he was "tempted" to answer questions from the press but kept walking with U.S. Ambassador to the UK Jane Hartley. [Video]
The move comes just days after news reports that President Joe Biden reportedly claims he has been more successful than Obama, reigniting a decades long rivalry between the two politicians.
Hunter Biden demanded a hearing on Capitol Hill and then didn't show up. Perhaps he should have because his allies in the Democratic caucus aren't handling things well. In the gift that just keeps on giving, Tony Bobulinski's testimony once again produced a must-see moment, this time involving the esteemed Rep. Alexandria Ocasio-Cortez. The congresswoman tried to pin the witness down on noting "specific crimes" he witnessed Hunter and Joe Biden commit.
On Thursday, March 21, one of the Democratic party’s most accomplished campaign consultants will die.
In a sense, Hal Malchow has been planning for this day ever since 1987, when a genetic marker test revealed he was likely to develop Alzheimer’s. At the time, he was barely 35 years old, a hustling political operative who had recently come off managing Al Gore’s first Senate campaign while overcome with worry about his mother’s early descent into dementia. (Around her 50th birthday, she was discovered wandering lost in a parking lot in the Mississippi town where she had lived her whole life.) After his mother’s untimely death, in 1990,