PBD Podcast Why ESG Is Destroying America | Ep. 275 | Part 2
May 31, 2023
The discussion centers on the controversial impacts of ESG principles, linking them to corporate failures and consumer backlash, particularly against brands like Target and Bud Light. Insights into polling trends reveal Donald Trump's dominance, prompting a debate about the evolving political landscape. The hosts also assess the reliability of polling versus betting odds to gauge public opinion, while pondering the future presidential race, including potential candidates and their strategies. A pro-American sentiment underpins the analysis of political dynamics.
AI Snips
Chapters
Transcript
Episode notes
ESG Backlash
- Target lost $9 billion, and Bud Light sales dropped 25% due to ESG pandering.
- Focus on your best customers, not ESG scores, to succeed in capitalism.
Force vs. Freedom
- Larry Fink of BlackRock, which manages $10 trillion, advocates for "forcing behaviors" through ESG.
- This "force" strategy doesn't work on independent thinkers but can influence others.
Target Employee Incident
- A Target employee expressed satanic beliefs when questioned about LGBTQ+ merchandise.
- This incident fuels concerns about corporate agendas and their impact on children.