My Letter To Congressman Pat Fallon: Investigate BlackRock’s ESG System

The Honorable Pat Fallon
Rockwall District Office
6531 Horizon Road, Suite 1
Rockwall, Texas 75032

Dear Pat,

Thank you for voting AGAINST the outrageous omnibus spending bill.

Why do communists hate capitalism?

Let’s differentiate between capitalism, socialism, and communism.

In a free-market capitalist society, willing buyers and willing sellers agree on the value of goods and services being exchanged. A framework of laws agreeable to the society establishes boundaries to protect its citizens from evildoers who would deprive them of life, liberty, or their property. The hallmark of free-market capitalism is individual freedom of choice. The United States of America is the largest economy on the face of the earth and, despite its outrageous national debt, remains the world’s reserve currency.

In a socialist society, the state sets the value of goods and services that are exchanged between buyers and sellers. The state permits private property ownership but controls how private property can be used. The state allows, but sets limits on, freedom of choice.

In a communist society, the state owns all property, allows people to use state property, and the state regulates all prices of goods and services. There is no freedom of choice. The state forces behaviors on its citizens.

Days before being elected president, Barack Hussein Obama declared his goal to fundamentally change the United States of America. Change it from what to what?

Where are we today? Who is the chairman of the Senate Budget Committee? Socialist Bernie Sanders. Why would the Democrat Senate majority choose an independent, an avoid socialist to chair any committee?

BlackRock investments promotes the ESG — Environmental, Social, Government — system that limits how banks lend money. For example, ESG-compliant banks will not lend money to the oil and gas business. What is the ultimate goal of the ESG system? BlackRock CEO Larry Fink says the purpose of ESG is “to force behaviors and at Blackrock we are forcing behaviors. Reference: Minutes 27:52 to 27:59 of a New York Times YouTube video titled, DealBook 2017: The Economy, Consumers and Redefining the Long Term, posted November 9, 2017.

Reread the description of a communist society, above. Forcing behaviors is a characteristic of a communist society.

Why does BlackRock’s ESG system bring to mind interference with interstate commerce?

Article I, Section 8, clause 3 of the US Constitution empowers the federal government to “To regulate Commerce … among the several States“.

Pertinent Law

18 USC 1951: Interference with commerce by threats or violence, Part 1, Chapter 95: RACKETEERING
The term “extortion” means the obtaining of property from another, with his consent, induced by wrongful use of actual or threatened force, violence, or fear, or under color of official right.

The Wall Street Journal, on May 26, 2022, posted an opinion of former Vice President Mike Pence who warned that “the woke left is poised to conquer corporate America and has set in motion a strategy to enforce their radical environmental and social agenda on publicly traded corporations.” He further stated, “The shift is entirely manufactured by a handful of very large and powerful Wall Street financiers promoting left-wing environmental, social, and governance goals (ESG), and ignoring the interests of businesses and their employees.”

In 1970, Henry Kissinger observed, “Control oil and you control nations; control food and you control the people.” Earlier this year, Goya Foods CEO Bob Unanue warned, “We are on the precipice of a global food crisis.”

Food and fuel are inextricably linked. Producers must have fuel to develop agricultural products. Processors must have fuel to produce their products and transport the finished products to grocers.

Through the coercive force of BlackRock’s ESG system, banking systems from the smallest local bank to the powerful Bank of America are driven to not fund the oil and gas industry. Most banks, most certainly the largest, are affecting the Federal Reserve system.

Diesel is critical to food production, processing, transportation, and local distribution. Natural gas is critical to the production of fertilizer.

Joe Biden created a fuel crisis by attempting to our oil and gas industries. He now calls on these fuel companies to ramp up production of fuels, but it may be too late.

After the House Republican majority is seated in January, I urge you to promote investigation of what I perceive to be criminal behavior on the part of BlackRock’s ESG system.

John White
Rockwall, Texas

Published by John White

A lifetime (over 50 years) of experiences with automation and control systems ranging from aerospace navigation, radar, and ordinance delivery systems to the world's first robotic drilling machine for the oil patch, to process-control systems, energy management systems and general problem-solving. At present, my focus is on self-funding HVAC retrofit projects and indoor air quality with a view to preventing infections from airborne pathogens.

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