ESG: Woke Capitalism’s Newest Agenda

Lance: Welcome back to the Lance Wallnau Show and I’m so excited to be able to get into the subjects we’re dealing with today. We have Mercedes Sparks and Kevin Freeman. Our final expert that we have that is on location. We can actually get him to come into the studio and answer the tough questions about the economic reality, what we’re in. He runs the Economic War Room, a show which I’ve enjoyed since its beginning. When did the Economic War Room start? 

Kevin Freeman: 2018.

Lance: Wow.

Kevin Freeman: 195 episodes that have been released.

Lance: Wow. So, people that are tracking this and you really haven’t to backtrack on it because your theory of the case has been predictive accurate all along, hasn’t it?

Kevin Freeman: Well, we’re in an economic war. There’s no doubt about it. We’re in a foreign war with China, Russia, etcetera. We’re in a domestic war which is with the globalists on Wall Street, the whole World Economic Forum crowd and they’re conducting economic war and then there’s the economic war of the heart.

Lance: I heard Michelle Bachman say this and just awaken me. She said, stop thinking in terms of left wing, right wing. It’s not enough to think in terms of Democrat, Republican, progressive, conservative, because the battle now is populist versus elites. It’s those that love their nation’s sovereignty and globalists. She said, it’s up and down. The populist versus the socialist elites. The elites that are about globalism. And then I realized man how many Republicans, conservatives are running. And we never bothered to add are you a nationalist? Are you a globalist? Because if they’re economic globalists therefore the demise of the America that we know and that they’re economic nationalists then they’re part of the populist movement.

Kevin Freeman: Yeah and you’ve noticed the left has done a good job of defining nationalism as evil like Hitler was a nationalist. He was not a nationalist. He was an imperialist. Adolf Hitler did not want to be the nation of Germany. He wanted to conquer the world and he was an imperialist. He was much more a globalist in that sense than a true nationalist like Don Trump who believed in America. He didn’t want to invade other countries. He didn’t want to get involved in other countries. He wanted to make America the best that it could be and he wanted other countries to become the best that they could be as well. So yeah, there’s a distinction between nationalists and globalists.

Lance: Big, big, big distinction. And of course China has empire aspirations. Russia sorry to say is a weird hybrid of nationalism with the itch for the recovery of the Soviet Union which would be an empire.

Kevin Freeman: Emperoralistic. Yes.

Lance: And hate to say this folks but when I was researching this what’s his name? Horzani, the guy that wrote the Virtue of Nationalism that is a great book on Hebrew scholar. And he said that Catholicism, whether you like it or not, has its roots in empire. Because remember, the Catholic Church during the Middle Ages, Dark Ages, was occupying and taking over countries.

Kevin Freeman: The Holy Roman Empire.

Lance: Oh, there it is. The Holy Roman empire. Therefore, we should not find it that far field when the pope starts talking like a globalist instead of someone that appreciates the sovereignty of nations. So, now here we have this update based on Kevin everything you’re saying. And I’m not going to assume the audience knows this because it I live with this information every day and it takes a while to sink in and I study it. Since Russia invaded the Ukraine. I think it’s had a beneficial impact accidentally in slowing down the Davos agenda. Because they were so ambitious about their EU global reset. I mean, I haven’t taught you about this yet, but would you agree with me that what Russia did, it doesn’t help us but it does slow down the World Economic Forum’s takeover and reset model.

Kevin Freeman: It absolutely does and this is what we did a program called Choose Your Dystopia. The dystopian choices are out of Huxley and the book Brave New World which is the globalist view of life. It is like economically enslave everybody, but we give them all the drugs they want and tell them to have all of the sex of any kind that they want and that is Brave New World Huxley wrote. Another dystopian author is George Orwell and he wrote Animal Farm and Brave New World. And in Animal Farm, it is a communist society where the pigs take over and run everything and mask for themselves and Brave New World is a big brother where they’re always watching.

Vladimir Putin’s view of things and Xi Jinping’s in China are both brave new world. We control everybody and everything. It’s very authoritarian tightly controlled. The Aldous Huxley Brave New World version of that is what the World Economic Forum wants. They want everybody enslaved economically not under the watchful camera so much where the come and knock on your door. They want everybody committed to the global economic system. And so you’re right. It slowed your observations 100% correct. It slowed down.

Lance: Alright. So, then my next observation is that that the incompetence and the idiocy of this box of crazies including Biden at the helm of it who have gone and said that I never forget the moment I just shook my head. I said, I know enough to know the sound of judgement. When I hear Biden say Putin doesn’t know what’s about to hit him. And I said, I can guarantee Biden and these guys don’t know what’s about to hit them. It’s not Putin that doesn’t know what’s going to hit him. Putin as Trump warned us.

He’s a smart guy. Everybody diminishes Donald Trump. Donald Trump knew Putin’s smart. He’s calculated where this is going to go. And he has the oil. He has the gas. He has the Germany dependent on him. Because the green environmentalists have taken out their nuclear capacity.So, they’re going to have to do business with Russia one way or the other and Putin actually while he’s been hurt by our choice. Actually, it drove him and China into a closer alliance and they now can combine together to commit even greater economic war against the United States. Is that a fair analysis?

Kevin Freeman: Oh, it’s a completely fair analysis. Vladimir Putin’s been planning this for decades and the Russian Ruble did not collapse and that’s what everybody said. It would absolutely come be worthless. It’s going to completely collapse. Now, he’s still selling oil. He’s still selling gold. He’s built a parallel economy because he prepared. He was smart just like you said. And that’s an interesting point is that Michelle Bachman who’s another friend of mine and wonderful lady. She said that we Christians need to also build a parallel economy because the World Economic Forum will at some point directly on us. They would have turned on us already except Putin has opened another front for them but they will turn on us. And if we don’t have our own parallel economy like Vladimir Putin did to prepare, we will get crushed but if we can build our own parallel economy, we can withstand.

Lance: Folks, that that’s the kind of quality content I want this program to always produce. The World Economic Forum, Davos, the global elites that Trump was warning us about over in Europe that we think is our cousins, our safe haven. They’re the globalist empire people that will turn against the freedom of Christians on a dime once they consolidate the power to do so. Now, India as a billion people, that’s a huge economy. They’re closer in the Asian Pacific area over there to the influence of China. Where is India and Modi who was very favorably disposed towards Donald Trump, but without Trump, I think they have contempt for Biden and the woke America.

They’re a Hindu nationalist nation. Us pushing our wokeness folks is an offense to Saudi Arabia and the Muslim world. It’s an offense to these, we have to recognize, we don’t have the ability to walk around the world and reset the global culture the way that they try to do on Netflix. So what’s happening with India?

Kevin Freeman: Well first you’re right. Lightyear, Buzz Lightyear film is banned in all these countries.

Lance: 14 Muslim nations.

Kevin Freeman: It’s failing here, but it’s outright banned there because they won’t take ourwoke. India is your question, India is a natural ally. India is a natural enemy of China. They have border disputes all the time. The Chinese people in India don’t necessarily get in fact they don’t get along. And yet India saw how we reacted towards Putin when we said we’re just going to take all these assets, all these reserves you put in US dollars and we’re just going to cut you off from holding of US dollars and use of US dollars in India. Say, whoa wait a minute can we trust America, if they’re going to do that. What if they turn on us for some reason? India is also a part of the Brics nations. Brazil, Russia, India, China and South Africa. That is something that Vladimir Putin created to create an alternative parallel economy in case America ever comes.

Lance: Well, let’s go over the Brics Nations.

Kevin Freeman: Brazil, Russia, India. China and South Africa.

Lance: South Africa?

Kevin Freeman: South Africa. This was invented by Vladimir Putin and picked up by Goldman Sachs and others who said, oh it’s a good investment opportunity. These are emerging markets. You wonder why South Africa would fit there though. These are big populations. Why? South Africa has gold. And Brazil, Russia, India, and China realized they need gold.

Lance: Meanwhile Brazil which is the strongest economy in South America which has gone Marxist and leftist in this last election electing a narco terrorist for president of Colombia working with Venezuela now. And Brazil has Bolsonaro who they call the Trump of the tropics,who is losing already statistically in a battle with a criminal that they just got out of prison to run against him, who stole like billions of dollars from the government. And this guy’s going to be the new criminal guy working with Putin to complete that Brics scenario.

Kevin Freeman: Yeah. You think about it. Why would what nation on earth would ever put a criminal in the White House. Like you could prove it with a laptop and a whole lot of everything.

Lance: You talking about us.

Kevin Freeman: Oh wait yeah wait Brazil.

Lance: Yeah, I see yeah exactly and so we’ve got that scenario. Now, let’s drill down a little bit further. There’s a scary component here because we think that I used to think that I used to do 7-Mountains and I could see the ideological weaponizing of media, Hollywood, governments with the progressives, academia. But I always gave business a kind of free pass because I always thought of businesses being neutral territory. But now we know woke corporations are serious business.

Kevin Freeman: Yes.

Lance: But I never understood the power of black rock until it was probably Peter Navarro or Cortez. Somebody who was talking about how like 20 or 30% of these shareholders and these major investments across the board on these Wall Street corporations is held by Black Rock.Black Rock is pushing a woke, a dangerous, woke ideology making these businesses conform to it. Explain to us what this this ESG and this stuff is.

Kevin Freeman: Yeah. So, Black Rock is the largest asset manager on Earth with like 10 trillion dollars. A lot of its government money and it’s been put in place by woke politicians. Larry Fink is the head of Black Rock and by the way, he’s a hypocrite because he promotes ESG. They call it Environment Social Governance is what it supposedly stands for. Meaning, it’s good for the environment, good for society, and good for corporate governance. Which means that you’re acting ethically and so forth. Well, what it really translates into is eliminate fossil fuels with the Green New Deal. Social justice critical race theory and governance is a quota agenda requiring gender and LGBTQ quota in addition to minority quota.

They are forcing that on companies so much so that you couldn’t be listed on the NASD, the Nationals Association Securities Dealers, the stock exchange. You not allowed to be listed unless you have at least one woman on the board soon to be two and you have to have at least one minority and we prefer the minority to be LGBTQ. Now, to prove how really foolish that is that you could actually say that 75-year-old white men comprise the entire board, 10 directors, all 75-year-old white men. One of them could say I feel like a woman today and he would qualify both as the minority and the woman.

So, it’s really to force conformity, it’s not diversity of ideology it’s diversity of wokeness. You have to only have wokeness on the board. Well, that’s what they’re pushing and they’re getting away with it because people put their money in the stock market. They buy an S&P 500 fund the biggest provider of index funds or Vanguard State Street and Black Rock, three big names. They own most of the corporations of America on behalf, they’re supposed to be stewards on behalf of the actual investors. But they’re using they’re like the wicked steward using their master’s money to promote their own goals.

Lance: Mercedes, I’ve been kind of like preoccupied over here with this conversation but you’ve been bringing me up to date on all these things and the signs. Anything you want to add to this?

Mercedes: Well, I was at a meeting last week and I ran into Mike. He was saying how he was talking to a group of, I want to say it was Christian investors. And he was really shocked that about one third of the group really understood the threat that ESG was and the other two thirds seemed to be, well, that’s okay. I mean, we’re all with that. What do you say to people who are almost on the fence about this trying to be like little statesmany about it, not want to be outspoken? What would you say to those guys?

Kevin Freeman: When I started in this business, we had socially responsible investing and socially responsible investing mean we would not buy alcohol companies, tobacco companies, and we wouldn’t buy gambling companies. And that all made sense because all three of those can destroy people’s lives. But ESG is purposed and designed to bring in a globalist agenda. There is no question about it. They’re extremely naive if they think that ESG is really pro-environment. I’ll give you an example. ESG has just eliminated Tesla from their index because Elon Musk took a political position that they didn’t like. And so Tesla, perhaps the biggest electric car producer in the world that supposedly giving the environmentalist their agenda goal of making all electric vehicles, they don’t qualify for ESG. But Exon Mobile does, because ExxonMobil has three new woke directors that want to eliminate fossil fuels from use on the planet Earth and so it is completely.

Lance: My God.

Kevin Freeman: It is a political purposed intended means of controlling American corporations. That’s why Disney went woke. They went woke for two reasons. One, they wanted to get a high ESG score and the second reason was they hired woke people in their HR department who hired more woke people and now everybody that gets a job there has an intent. You’ve 7 the releases,yeah, we want to bring LGBTQ values to children age 2 to 6. You’ve seen the leak stuff on that.

Mercedes: So, I wanted to ask a follow up question then because it’s one thing we’re making everybody aware of this new thing maybe they don’t even know about. So for people who have money in the market. Everybody from small little investors like me with my Robin Hood account or my Ameritrade. The people who have a lot in IRAs that are invested. What can they be doing so that to fight this ESG agenda? What could they do?

Kevin Freeman: Well, there’s a biblical answer and we call it Salt or Light investing. Salt investing is your salty. So, you own shares of Disney. You show up at the shareholder meeting and you vote your shares. I don’t want woke. You show up at Coca Cola and you say, give me a Coke and a smile. Don’t give me woke Coke. And you woke your shares. That’s being salty. You get step up and agitate and that’s one thing can do and a lot of people don’t want to do that. So, we recommend they get their financial advisor to do it for them and aggregate the shares of all their clients.

The light investing is you can just sell with any company that’s gone woke. I don’t want to own it in my portfolio and that’s the light and darkness do not fellowship. So, you just get it out, get the darkness out of your portfolio. That’s light invest. Those are the two ways that you can actually, we recommend an alternative LSV, (Liberty, security, and values) and we’ve done polling. We hired John McLaughlin, the president’s pollster to go out and ask people, what do you want? Do you want woke investing or do you want LSV? The number that one LSV is often. He said, I’ve never seen numbers like this before. The American people want to preserve the liberty, a security, and values of our nation.

Mercedes: Where can people find, I mean, do you have any type of list of companies that uphold LSV values?

Kevin Freeman: What we’ve done is we’ve done a lot of shows on this. We don’t want to get in a specific company because we’re afraid that people look and say oh they’re recommending this investment. And we’re not allowed to be investment advisor recommenders. So, we recommend people find a financial advisor and we train the financial advisors at Liberty University. And yes,there are lists that separate these are ESG companies these are LSV companies. These are ones that if you own a mute better be salty towards those companies. These are companies that you can trust and believe in. but I don’t really want conservative Christian companies. I mean that works for chicken sandwiches, right. But do you really want a conservative Christian cola? Just give me a Coke and a smile. Just stop being liberal.

Mercedes: Yes.

Lance: Well, yeah but this is the age old debate, right. Which is, it’s like with the tech companies. I get the anxiety of people say I don’t want to regulate the private sector, because you never know where it’s going to go. But the tech companies are already overreaching. They’re suppressing political descent. They’re already in politics hiding out under a clause that protects them as a business. I say we have to weaponize the populous movement financially. I saw, it’s kind of like elections, its shareholders. There’re ways in which the populist movement can jerk the slack out of elites who are gaming the system and they are afraid. Why do you think the January 6th commission was all about? You know what that’s about? It’s we will never see a million or too many of you guys ever show up like that. We’re going to scare the daylights out of you next time you even bring up mobilizing.

It ain’t going to work because the American people aren’t going to respond that way. I say weaponize the power of the pocketbook just like we’re going to do with ballots and voting to drive a message to the elites that you won’t have a company. We can compete if we can organize.

Kevin Freeman: Weaponize your money is our mantra.

Lance: Oh I love it.

Kevin Freeman: You’re spending, giving, and investing. And in terms of investing how you weaponize your money as you train a 10,000 financial advisors at Liberty University and they have a trillion dollars of capital. Now, that’s a small piece compared to Black Rock with 10 trillion, but our people motivated with one trillion dollars. Not only can we invest in companies Salt and Light, but we’ll have enough money to fund witty ideas and creative thoughts that Christians come up with or others that can take back. And there we can leapfrog technologically.Whether it’s Elon Musk taking Twitter or we create something better. But what we have to do is we have to weaponize our capital. For too long we’ve given woke Wall Street control of our money, it’s time we take it back and weaponize it. So, I agree 100%.

Lance: Oh, I’m glad to hear that, and now you can. There is a way you could vote your proxy just. Can you talk about that a little bi? Because we did talk to, well a guy that was on here once about that and then.

Mercedes: We didn’t have him on this show. We had him on a different program for a different organization, but we should have him on Justin.

Kevin Freeman: Justin’s a great friend. I just interviewed him for my program. Yeah.

Lance: Alright. Okay. So we need, explain to people what that is. We got a minute and 20 seconds. We’ll probably go over again.

Kevin Freeman: When you own shares of a company, you’re an owner and they ask you, do you want to vote for this as the CEO? Do you want these people on the board and do you want us to do this or this or that? And you get a chance to vote them, and they send you these big thick packages and they’re difficult to read and you got to tear through them but you get to vote. Sometimes they say we have eight director slots and here’s our eight nominees and so you don’t really feel like you have much control, but the reality is you have that vote. It’s called a proxy and you sign it and you send it in and when they have the annual shareholder meeting. They say, what proxy votes do we have and they count them just as much as they count the votes in the room.

We need to help people learn how to read those proxies, how to agitate to get their measures on the proxy ballot. Justin Danoff was brilliant with this at the Free Enterprise Projects. He’s moved on and he’s with Vivek Brahma swami and they’re creating a new asset manager called Strive but this is a part of weaponizing your money. If you’re a share owner of Disney, Disney needs to do what you want and the majority of share owners. I guarantee you, the majority of shareholders do not want them losing money on Buzz Lightyear.

Lance: Absolutely. I mean that that’s what I mean by the populous movement. That’s why we’re creating the Wheel of Woke just like the Wheel of Fortune. We’re going to bring it out in these big meetings, spin it, and we’re going to pick one woke corporation that we’re going to send a message to and it’s the Wheel of Woke. We’re starting in Atlanta this week, by the way in a big arena. So, how do people get in touch with you, Kevin Freeman and stay in touch with what you’re doing?

Kevin Freeman: “Economicwarroom.com” and there’s a place to sign up. We send one email a week and you’ll get a free copy of our episode. It’s normally behind the paywall. But if you sign up there, it’s free and you also get every week our economic battle plan which explains everything and then tells you here are the action steps you can take.

Lance: I love it. I think this is the direction we got it going. And before we sign up, I want to remind everybody about a brilliant new app that’s been developed. You can get on “LanceWallnau.com/PublicSquare”. It allows you to find and identify or even put your own business in as a patriot as somebody who has these values about patriotic capitalism rather than woke capitalism. And if you’ve got a business you’ve owned, put it on this app. It’s free,download it. And if you want to shop in a store, get your coffee, buy a book like it used to be amongst people that are entrepreneurs in your own neighborhood. Put the money to work in your own town and community. Go to Public Square.

You want to go “Lancewallnau.com/PublicSquare”. Download the app, get your company on there and find out who you can support that’s a patriot. And we look forward to having you back again in the future. Kevin, thank you Mercedes and like and subscribe, share the message. This is where great conversations take place Lance Wallnau show every day and we’ll see you again tomorrow.

Closing: If you like this broadcast, why not leave a like and a comment in the App Store? To find out more or contact us directly, please visit www.Lancewalllnau.com.