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By Thomas Catenacci
Daily Caller News Foundation
A coalition of 15 states announced a commitment to scrutinize future business with banks that divest from the fossil fuel industry.
The coalition of top state financial officers, formed by West Virginia State Treasurer Riley Moore, collectively represents more than $600 billion in public assets under management, according to the announcement. The officials wrote a letter to banking industry leaders Monday, warning that they would begin considering institutions’ boycotts of fossil fuel companies before awarding state contracts.
“Reckless attacks on law-abiding energy companies cut off paychecks for workers and take food off the tables of hard-working families,” Moore and the other officials wrote. “The Biden Administration has resumed these attacks by attempting to ban energy exploration on public lands and reportedly pressuring U.S. banks and financial institutions to limit, encumber, or outright refuse financing for traditional energy production companies.”
“These misguided political schemes have impeded economic growth, driven up consumer costs, and regressed our country to foreign energy dependence,” the letter continued.
The fossil fuel industry provides jobs, health insurance, infrastructure and quality of life to Americans nationwide, they added.
Since taking office, President Joe Biden has blocked major pipelines, ditched oil drilling projects, introduced sweeping regulations and banned new oil and gas leases on federal lands. His administration is also pushing the Build Back Better Act, the budget bill passed by the House last week that includes several green energy handouts and a tax on methane emissions.
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In August, the Treasury Department issued guidance saying the U.S. would oppose multilateral development banks’ involvement in future fossil fuel projects, a move applauded by environmental activists. Moore and the other financial officers said the move would cede future development “Chinese interests.”
“Woke capitalists and globalist actors have been using the guise of climate change to press for anti-American reforms that reduce our country’s competitiveness against hostile nations like Russia and China,” Moore said in a statement.“As a result, in less than a year our country has gone from energy independence to having a President who is begging OPEC and Russia to pump more oil,” he continued. “It’s time we fight […]
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Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker