OT Why Never Trumpers Should Bet on DeSantis Now

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Banks make loans depending on business plan and risk.
 
ABM said:
https://www.washingtonpost.com/opinions/2022/07/29/ron-desantis-is-taking-woke-corporations-good/

Ron DeSantis is taking on woke corporations. Good.

Florida Gov. Ron DeSantis is seeking to bar financial intermediaries, such as banks, from discriminating against customers on the basis of their political, religious or social views. That’s a great idea — and an excellent reason for why he’s surging among Republicans nationwide............
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I'm old enough to remember when conservatives were all upset about businesses not being able to discriminate based on political, religious, or social views. Like baking a cake for gay people. But I guess you've changed your mind about all that now.

barfo
 
barfo said:
I'm old enough to remember when conservatives were all upset about businesses not being able to discriminate based on political, religious, or social views. Like baking a cake for gay people. But I guess you've changed your mind about all that now.

barfo
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Although, not specifically mentioned here, I believe the is has a lot to to with ESG. As a commercial real estate agent, I'm hearing about this more and more. If you don't toe their line, you very well may not get a business loan. The question, I suppose, is who's line?
 
ABM said:
https://www.washingtonpost.com/opinions/2022/07/29/ron-desantis-is-taking-woke-corporations-good/

Ron DeSantis is taking on woke corporations. Good.

Florida Gov. Ron DeSantis is seeking to bar financial intermediaries, such as banks, from discriminating against customers on the basis of their political, religious or social views. That’s a great idea — and an excellent reason for why he’s surging among Republicans nationwide............
Click to expand...

This is such a huge problem in America the only example the author gives is in Canada.

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Total bullshit. If s person or business seeks a loan the bank looks at risk.
Just that Republicans need a constant stream of enemies. Critical race theory is not taught in grade school but that doesn't matter, scary brown people! Trans women are not attacking little white girls in public restrooms but that doesn't matter, scary queers! Banks don't make business decisions based on wokism, something that doesn't exist, but scary radicals! Scare scare scare. They have no program, just fear and hate.
 
ABM said:
On another note, stuff happens....

https://www.bloomberg.com/news/arti...-global-over-politicized-state-esg-indicators
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Did you actually read the entire article? Never mind, you didn't.

"Institutional investors like Blackrock Inc. and pension funds are demanding greater clarity from companies on their efforts to diversify their workforces and address a changing climate. Companies seen as under-performing on certain ESG metrics risk challenges to their board from activist investors."

"S&P’s ESG indicators include categories like human rights, social integration, low-carbon strategies, climate measures and sustainable finance."

"S&P’s Utah report cited a concern about long-term water supply in the Colorado River basin." ​

Not seeing a problem with any of that.

BTW, here is the current news about the Colorado River basin. Multiple news sources. But sure, we shouldn't talk about unsustainable business practices and the damage it's doing to our country because it's bad for the businesses that are abusing the communities they are in.

https://news.google.com/stories/CAA...OZHJlbmtaV3RTZ0FQAQ?hl=en-US&gl=US&ceid=US:en
 
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SlyPokerDog said:
Did you actually read the entire article? Never mind, you didn't.
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I did. And it doesn't mean I don't have concerns. I do. The question of who's guarding the gaurdians always comes into play. Integreting the financial lending industry into all of this seems potentially suspect. Credit scores are one thing. ESG scores? Hmmmm. Helping create a better environment is fantastic. Great, offer tax incentives, and the like.
 
ABM said:
I did. And it doesn't mean I don't have concerns. I do. The question of who's guarding the gaurdians always comes into play. Integreting the financial lending industry into all of this seems potentially suspect. Credit scores are one thing. ESG scores? Hmmmm. Helping create a better environment is fantastic. Great, offer tax incentives, and the like.
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Big businesses already have enough tax incentives.
 
ABM said:
https://www.washingtonpost.com/opinions/2022/07/29/ron-desantis-is-taking-woke-corporations-good/

Ron DeSantis is taking on woke corporations. Good.

Florida Gov. Ron DeSantis is seeking to bar financial intermediaries, such as banks, from discriminating against customers on the basis of their political, religious or social views. That’s a great idea — and an excellent reason for why he’s surging among Republicans nationwide............
Click to expand...
Ron Quixote: Man of La 'Merica
 
Part of a sound business plan is avoiding being fined for environmental hazards, and not having employees constantly quit.
What happened to government stays out of business?
 
ABM said:
Plus, I never said I was entirely against ESG. I said I found that it is "potentially" problematic. There are articles all over the nets on the subject. That said, I want to see how it continulally plays iteself out.

https://thenerve.org/2022/04/officials-warn-esg-movement-heading-to-sc-amid-woke-power-play/
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From your article.

South Carolina Bankers Association president and CEO Fred Green, who spoke at last week’s subcommittee hearing, doesn’t believe the legislation is necessary.

“When I first saw the bill, my first thought was, ‘Banks, No. 1, don’t do it (use ESG scores); and No. 2, can’t do it,’” he said when contacted this week by The Nerve.

Green, who noted he was in the banking business for “40-some” years, most of it “in the senior ranks of running a bank,” said his organization polled approximately 70 banks that do business in the state – about 40 of which are headquartered in South Carolina and the remainder based out of state – asking them whether they currently are using ESG scores and whether they intend to do so in the future.

“There was 100% response, and the response was ‘no’ and ‘no,’” he said.​
 
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