ESG scores (Environmental Social Governance) are for business what CRT (Critical Race Theory) has been for public schools. Once parents found out what the game was in sliding CRT under the door and trying to program their children into outright Marxism using race as the mask, they became enraged and have started the process of retaking control of their public schools. Businesspeople, too are on the cusp of a similar necessity. That is why I have never accepted the FirstEnergy scandal as being what the FBI tried to paint it as. Over the summer of 2021, I watched pretty enraged at a press conference the Ohio FBI had boasting that they had received a settlement from FirstEnergy over a bribery scandal they had been investigating, which involved the Speaker of the GOP House, Larry Householder, and many others. It was a story that put Ohio in the number 1 state for corruption in the entire United States, and Governor Mike DeWine was right in the center of it. The FBI proudly bloviated that FirstEnergy settled the case with $230 million, which they indicated was an admission of guilt. The story for me was always about a much more sinister kind of corruption, one that actually points to ESG scores and environmental wacko policies that are an attack on our infrastructure in America from foreign interests. In this case, it all points back to the Party of Davos, the billionaire types who attack countries without a country of their own and seek to impose politics on those countries that bypass their elections domestically. What these finance companies like BlackRock, Blackstone, and Icahn Capital were doing to the nuclear power capability in Ohio was no different than if a country like China had attacked them with missiles and planes to take them out and destroy our power grid. And here was the FBI helping them do it. And the money for all the power leverage came straight out of the American Federal Reserve, created by Ben Bernanke, Janet Yellen, and Jerome Powell over a ten-year period to put money behind ESG rankings to impose climate change politics on us all.
After that FBI press conference, around December of 2021, Blackstone bought up 1 billion dollars in stock, which will put yet another activist investment board member on the Board of Directors at FirstEnergy, which will continue to direct the company toward a zero-emission world, to get their ESG scores at the targeted range. Back in 2019, when this ESG imposition was just becoming a practice, the management of FirstEnergy thought the regulatory burdens were ridiculous as these money management firms were pushing them to implement zero-emission standards. Of course, these requirements come from the United Nations, which are driven by the World Economic Forum, which sets them with Al Gore, Klaus Schwab, and the BlackRock CEO himself, Larry Fink. These are extreme left-wing wackos who wouldn’t get the time of day in a political theater, but when they tie themselves to our money, now suddenly they have all the power in the world. And it is through those methods, FirstEnergy was imposed upon through ESG scores to move their coal and nuclear plants to zero emissions by a ridiculously impossible deadline, which would essentially shut them down. FirstEnergy tried to fight back; they funneled $61 million in donations to the GOP through Larry Householder to protect them from these United Nations standards reflected in the ESG means of measurement. The GOP created House Bill 6 to roll back some of the environmental burdens that were killing companies like FirstEnergy. Suddenly the FBI was busting members of the GOP, but not these radical investment firms connected to the United Nations and the World Economic Forum. They were clearly attacking the American power grid to destroy coal and nuclear and replace them with wind and solar.
Many of my friends in the House and Senate in Columbus wanted to distance themselves from Larry Householder as he was strung up and ran from his seat. It looked like dirty politics to me, and internal power struggles between Householder and Governor DeWine. But some of the other people who took money from FirstEnergy were never-Trumper types leftover from John Kasich, so there wasn’t much of a desire to fight to defend them in public. But the issue continued to bother me. That year of 2021, my wife and I traveled extensively in the West, everywhere from southern New Mexico and Texas to Montana all the way out to Utah and Idaho. I wanted to get away and think about some of these big things clearly. And during that trip, I saw what many truckers have been talking about, the changes to our country that were happening, with these giant wind farms, everywhere, from Iowa to Texas and everywhere in between. This wind power thing was much more advanced than I had been led to believe. In fact, at the Iowa 80 Truckstop, the largest of its kind in the world, I had a chance to see up close the trucks bringing these massive wind turbine blades to their construction sites. This was an enormous project that was going on everywhere, yet not much discussion was happening about it on the news. How was all this happening? Indeed, Americans weren’t imposing this on themselves.
Doing a lot of research from then until now, it’s quite clear what has been happening. These wind power farms were not coming from the people of America but from energy companies and states seeking better ESG scores to stay compliant with their shareholders, like Blackstone, Icahn Capital, and of course, BlackRock. And the rate of manufacturing has been consistent with all the money the Fed has been printing through quantitative easing over the last decade, creating a dangerous asset bubble that directly contributed to the rise in power of these money management firms. The leverage and power these gained in managed resources, which allowed them to buy all these stock options, to start controlling these companies at the level of the Board of Directors, came directly from the inflated wealth the Federal Reserve created through their ZIRP policies and quantitative easing. Otherwise, BlackRock would have never had the financial leverage to impose these ESG scores on all these companies. And how convenient was it for Blackstone to buy up $1 billion in stock after the settlement story broke about FirstEnergy driving the price down. And guess who pushed FirstEnergy to settle the case, Icahn Capital.
So as everyone can see, the story is much more sinister than an Ohio energy company trying to prevent itself from being put out of business by ESG politics that come not from the American government but from the United Nations and the Party of Davos. They sought help from the GOP-controlled House because it was their only option. But obviously, the game was rigged against them from the start. And now we see too late that the United Nations fully intends to close down all coal and nuclear power plants in the country and switch us all over to these solar and wind options. We know from California wind and solar alone is not sufficient for the power needs of our economy. But for the enemies of America, that is kind of the point. These finance companies taking control of these Boards in companies all across America over ESG scores are not on an America First agenda. They seek a zero-emission world and massive wealth redistribution from rich countries to poor ones, where they have already leveraged their financial bets. And we have been the pawns in the game because we have let this attack happen, unchecked completely.
The actions we can take immediately is to understand how ESG policies became part of our SEC rules, at the Federal and State levels. Because those rules are directly attacking our business infrastructure from elements outside our county. We need to remove those ESG policies, legislatively. From there, we need to stop our Fed from funding Wall Street so that an open door to foreign investment can flow money into the backdoor of our country and buy our political system behind our backs destroying our vote through finance and attacking the very heart of our republic without a single shot fired by military aggression. Make no mistake about it, it’s a war just the same.
Rich Hoffman
