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'Communism rebranded': O'Leary responds to Elon Musk torching ESG
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- čas přidán 15. 08. 2024
- O'Leary Ventures Chairman Kevin O'Leary discusses Elon Musk's ESG position and whether inflation will tick back up on 'The Big Money Show.' #foxbusiness #bigmoneyshow
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It's about time to clamp down on this ESG grift.
I agree! Way, waaaaay past due!
Our corporate officers and managers go to these conferences where they are indoctrinated. They then comeback home and indoctrinate the rest of us from the top down. Bypassing congress all the way. The end result is some guy in Austria or Switzerland is calling the shots worldwide
ESG is a globalist takeover of government policy. If you have ESG controlling corporate America, get rid of Congressional oversight of corporate America and let the ESG companies do it.
We wouldn't have esg without counterfeit money being printed.
Just the sneaky way to implement communism.
20 years for now people will be undeniably thankful for the things Elon did for society.
If you don't see a con man in Musk, YOU are the mark!
20 years from now you'll have Elon's Nueralink screwed into your skull and you'll be undeniably phucked.
@samgriess438 please elaborate on why you think he is a felon?
I'm thankful now
@@RichardZERO elaborate that mate.. I don´t see Elon as you say.. could you explain?
We need more Elons in corporate America.
Why?
@@auberthere3737 Because he supports the 1st Amendment and isn’t owned by the global elites.
Elon is the most dangerous man on the planet for humanity. He wants his neuralink chip in our brain thus making us a cyborg , he named his kid like a robot..watch what you ask for you just might get it. Elon Musk is using the good things he does as a trojan horse to gain your trust so he get his real agenda in motion..it will change humanity is ways we may never recover from.
@@auberthere3737your one worded comment proves your a deluded biased freak
I concur
As usual, Elon hits the nail on the head!
When an EV company cannot get a stellar ESG rating, that is just crooks trying to make Tesla go broke, so of course Tesla investors could sue the rating inventors. BlackScrewOffs biggest problem may be they sound like they loaded billions in Tesla short positions they cannot unload.
What nail is it that he hits? He has invested billions in communist China and that country points their nuclear bombs at your family and nation. Please advise.
As usual, censored replies, 3 missing here. Too much mentioning of organizations such as IMF & WEF gets automatically censored on CZcams
As usual per Kevin - straight to the point. It is about time this subject came up. Both Elon and Kevin are correct in their thoughts: ESG is nothing more than another form of control.
And corruption.
Our corporate officers and managers go to these conferences where they are indoctrinated. They then comeback home and indoctrinate the rest of us from the top down. Bypassing congress all the way. The end result is some guy in Austria or Switzerland is calling the shots worldwide
larry fink is at the top of that list!!
O'Leary was a huge advocate of ESG just a year ago.
@@jk-califkid5017 That is false. Listen to what he said a year ago in the CNBC video: Kevin O'Leary: Government-mandated ESG causes market distortions
We need more business in both Canada and America, not more politics and government. Cheers!
I Agree!
Our corporate officers and managers go to these conferences where they are indoctrinated. They then comeback home and indoctrinate the rest of us from the top down. Bypassing congress all the way. The end result is some guy in Austria or Switzerland is calling the shots worldwide
Agree
@samgriess438 I see through this, because Canadian and American CEO's have outsourced many jobs overseas since the 1980's, with the rich politicians helping them along.
I want to know why thousands of investors haven’t sued those top 3 investment companies plus JP Morgan for failing to do their fiduciary job putting wokeness, aka brokeness ahead of their needs.
I agree. What about O’Leary? He knew or should have known he was paid with embezzled money. Frankly, he needs a good 10 years in prison at least. Think of all the people who lost their retirement dollars.
This is on the investors. Like IAM stated, why are the investors allowing this?
@@markminister2599 I agree O’Leary is part of them. Don’t forget, he was responsible for killing someone in that boating accident and paid his way out of any punishment.
Yes, Lawsuits and congressional hearings.
because they dont want to lose their jobs and get bought out
God bless Elon Musk.A True Patriot.
He’s also a pedophile and a tool.
Why is he a patriot? He has invested billions in communist China and that country points their nuclear bombs at your family and nation. Please advise.
@samgriess438… you are probably a supporter of Black Rock whilst your country is in a mess … from a non American
@samgriess438 Wokist and all morally depraved people would always hate Elon Musk
@samgriess438 you're just jealous.
Elon is right.
What is he right about? He has invested billions in communist China and that country points their nuclear bombs at your family and nation. Please advise.
FElon is a career criminal
@@bobshagit-io8lqin essence your saying Hes presidential material 😅😅😅 (BIDEN)
@@dalewinter8227 in reality im saying he is a pos , like Biden
Elon speaks the truth.
fox news, expect less all the time.
he owns it and sells it
What truth is that which he speaks? He has invested billions in communist China and that country points their nuclear bombs at your family and nation. Please advise.
Barack Hussein dont
Dude has 5 baby mamas 😄
Ben Shapiro had the best take on the far left. He said they couldn't win th economic argument, so they went the cultural marxist route...systemic racism, patriarchy, etc.
Culture Marxist don't exist.
I prefer the argument where the conservative could not win the argument on race, economics, healthcare, American democracy, education, global politics, morality, ethics or humanity, so they went the insurrection alien Senate hearing route lol
@@storagebox1793 I prefer the argument that your comment doesn`t make any sense.
Exactly
@@storagebox1793Nancy, is that you?
It's time for massive shareholder lawsuits over violations of fiduciary responsibility with respect to ESG! And don't forget Vanguard. The fact that radical regulators want to provide exceptions to the fiduciary rule for ESG is powerful evidence that pursuit of ESG policies is not consistent with maximizing shareholder value.
@ElonMusk-kj3wg 👈 Scammer
I’ve been saying this forever! How is it legal?!
@samgriess438 : The stock market has given average people a greater opportunity to build wealth than anything else.
Thank you, Elon Musk! What would we do without you?
❤️🇺🇸❤️
Tesla was delisted because Elon Musk isn't drinking the Cool Aid.
Everything Elon does is in favor of Agenda 2030: EV, SpaceX, NeuraLink, Boxabl, X the everything-app...
So he is profiting off the same scam and authoritarianism they are. Controlled opposition most likely. He's there to trick the right-wingers to like him and go along with it all, and make the lefties simp for communism even harder. NOTHING he does is good for our freedom in the end. People shouldn't trust him or listen to his words, but rather look at what he does and what his companies are all about.
Pppp
So true. Tesla almost went bankrupt initially when it started due the power players of ESG denied him approval of loans that other car companies was given. There’s a clause in their “regulations” that they can deem a company unfit for loans even if the company fulfill all ESG requirements, it’s up to them to decide this. Corruption at its worst. I’m all for preserving our environment, but ESG has deep dark motivations unrelated to what it should control. The only reason Tesla exist today is because Elon managed to get private backing when he was denied loans. He is a true fighter.
I mean he makes electric cars... I wouldn't say he didn't drink any coolaid
Right on Elon your right!
O'Leary should spend more time finding out what Sam Bankman-Fried did with his money.
O 'LEARLY Is the same investor who told everyone to invest in FTX with Sam Bankman-fried O'LEARY IS ON HELL OF A POOR person to comment on financial investments.
SBF is free. No charges filed
@@russelltakemoto230 You qualify for a job at Fox News. He is not free, and NO NEW CHARGES have been filed.
He’s from the correct Tribe
@@davidallen4472 I’m not paid media. Nor are you. They should do their job. I have a job
ELON MUSK IS CORRECT AGAIN !!!
O'Leary gives me hope in America! Glad I watched this.
FTX???? Not saying dont ever trust the guy, but he has made mistakes in the past.
He loved ESG just a year or two ago. I do not trust him. He was SBF's biggest advocate a year ago.
@@jk-califkid5017he’s an actor enjoying his fame.
Vivek brought up all of this! We really need him to solve this. We need him.
ESG is the western version of a “social credit score”. WE see you. Neutralize these vampires now.
ESG
Pure grift.
Pure BS.
Pure waste.
@@barrybearman3511 take away the rights of the individual by forcing them to conform to your preferences. Oldest game in the book. Vampires.
O’Leary would be my chief economic advisor if I were President.
Seriously? Why? He was invested in two recently failed banks....he is a idiot
if hes not crooked he would never pass the WH standards
ESG is collapsing because the shares of a number of oil firms and energy related companies have increased in significantly in value and those invested in ESG funds have missed out on that. It appears to be a lot of people have decided they don’t want to miss out on such gains. It took a bit of time, but as usual “follow the money”.
They made record profits, they should be able to pay their employees a fair wage without increasing prices.
Profits are for shareholders. Anyone, including the workers, can buy shares. Co-ops exist where the workers are the shareholders. If the workers who are not shareholders want profits, they have to eat losses too. You can't have a system where they cherry-pick: sharing in profits but not losses. Shareholders get screwed and pull capital in a capital-intensive business. They will 100% pass on the cost to consumers.
@@Medicine91 Employees can't afford to buy shares if they are grossly underpaid and can barely afford essentials. They are the ones doing the actual work and deserved a share of profits that wouldn't be there without them. Henry Ford understood that.
$50 to drive a truck? You a Communist? Profits are generally used to pay the shareholders, who put up money to buy part of the company, and to reinvest in growing the business.
I would say pay honest and cut rates.
@@Medicine91 agree with the person who replied to you 100%. you have to look at the bigger context. Who is actually getting screwed in this economy? The middle class and down. They are shrinking and losing standards of work conditions, hours, etc. *Who owns the majority of the stock market shares across the entire board?* The majority is owned by the 1% elites. The wealth gap is inexcusable. Shareholders ultimately benefit from long-term business model success. Short-term gain for quarterly profit margins at the sacrifice of competitive quality products and services are what ruin not only free-market capitalism longevity and investor trust, (which is what caused cheap, inferior and potentially compromising products from China, etc,) but also "lowers the tide for all ships" instead of raising them. The healthier the American middle and worker class, the better the market, period -- and that includes effects not limited to better innovation, national independence and leadership, effective real competition, quality and customer satisfaction, thriving job and asset markets, increased circulation, better interest rates, less unionization, so on and forth, and so on and on and forth and forth.....
Transparency is absolutely crucial to make informed decisions and policy.
In business shareholders are and must be the important key, not stakeholders / proxies.
thank god for Fox News and the Great People that work there and for Elon and Kevin.
Some people get a thrill from killing or by being serial killers, but others get pleasure from other methods of destruction. The public believes that our leaders desire to do good and are oblivious to the euphoria and pleasure derived from intentionally wrecking the economy and society.
ESG has been a poison.
One of your BEST pieces ever. Literally. This is very important. Please stay with it.
ESG needs to be outlawed with heavy penalties for any person, company, or official who attempts to enact ESG or any type of similar system. ESG's sole purpose is to control the populace through limitations on employment, credit and purchasing. To allow it to be enacted at high levels of corporate government will assure its adoption throughout all aspects of your life.
Communism.
ISI is a huge problem.
Probably want to start with the guy with the big EV company selling carbon credits.
Thanks Kevin for explaining this to US. Good man God Bless
Lets transfer the tax burden from mom and pop middle class to federal chartered banks the federal reserve can pay 2 trillon a year and still make 5 trillion and everyone under 100k a year would pay zero.
Near stagnant wages for 40 years. Time to pay the piper for four decades of greed. The company I work at posts multi billion dollar profits every year. The workers who make it happen get 1%-2% raises year in year out. We even had a pay FREEZE a couple of years when executives got multi million dollar bonuses.
I’ve never seen a poor man hire anyone
This is True,but if you go overboard with wage hikes it causes inflation and the Liberals in the Unions have decided to strike all at one time,this is a problem
@@kencleg7721 please stop just regurgitating sound bites and start actually thinking through what you are speaking about for yourself. Jobs provide no good in and of themselves, we only broadly consider jobs “good” because historically they have provided the middle class enough disposable income to live comfortably and spend their excess income further supporting the economy. When they fail to provide any of that, they no longer provide a social good - it’s why nobody claims plantation owners did their slaves a tremendous service by creating so many jobs for them. Creating jobs that underpay their workforce so significantly that many need to work 2 or 3 jobs or apply for government assistance just to survive, with no income left over to contribute to the economy, work them to the bone to where productivity increases year after year while real pay actually decreases, don’t provide any sort of paid time off, vacation benefits, healthcare, retirement/pensions, profit sharing, etc, all while executive compensation and shareholder profits are smashing all time records is a net negative for the real economy beyond just the illusion of the market and has objectively harmed the economy and country potentially beyond repair. Yet companies continue to measure success only by short-term profits at the expense of dooming not just themselves but a larger and larger swath of the country to destruction every year. This is unsustainable and unless intelligent and productive people such as yourself who haven’t yet grasped the direness of the situation open their eyes to what’s happening soon, the fate of the America we know and love will be sealed forever.
Nope. Stagnant? Not even close. Also the productivity argument is non sense as technology drove it, not the physical labor
@@Dan16673 actually in 1964 the average American worker, adjusted for inflation, made the equivalent of $20.27 an hour. Today we’re around $23. That’s as stagnant as it gets, and that’s without even factoring in inflation and the decline in purchasing power. CEOs meanwhile made the equivalent of around $800,000 in 1964, rising to over $15,000,000 - a nearly *one-thousand-nine-hundred percent* increase. That’s absurd. And of course some of the increased productivity is due to technology, your point is? The average worker is still producing way more goods for their company to profit from per hour than in the past. You’re saying they should get paid less per widget because the technology allows them to do more in an hour than they could in the past? There still doing *more work* per hour, which allows the company to make more profit in less time. After the company recouped it’s costs for the technology, the workers should be compensated fairly for their increased output.
expose the liars now. Good talk.
O 'LEARLY Is the same investor who told everyone to invest in FTX with Sam Bankman-fried O'LEARY IS ON HELL OF A POOR person to comment on financial investments.
@@lfischer8380 that is true, however, actual TONS of people said to invest in FTX. A lot of your liked celebrities, as well. Lots of CZcamsrs, too.
Can you say, "World Economic Forum"? I knew you could.
So many don't even know ESG scores exist or care they exist. That, in itself, is horrendous:-!
My sister's job is to implement ESG in companies, i told her it's communism only to be ignored. She like most Americans have zero clue or appreciation for history or what communism/totalitarianism even means.
@@johnpruett5258 That's how it always is though. They get them young; teach them to be blind through struggle.
Just to point out... minimum wage (minimum wage act 1948) was not meant to be a full time pay where you can raise a family on. It was designed so that employers had to abide by a standard for base level workers and for employees to have recourse through the legal system should the employer not pay them. The average Joe and Jane seem to think you can just sky rocket the min wage without driving up the price of everything else which is of course false. You end up in the same boat except everything is more expensive so you're right back where you started.
100k a year to deliver packages!!!!!???????
GTFOOH!!!
We salute you Elon! Get after them Elon and O’Leary.
Trump, Musk, Peterson, Shapiro, Carlson, Owens, JP, just a few true patriots making it happen for this country. Fighting the Regressive Leftist Regime.
ESG is communism rebranded... this happened in stages from the "Shareholder" to the "Stakeholders" to ESG. Ultimately companies should be responsible to their Shareholders and not used as a proxy to spread company profits beyond company concerns and investors. A company is NOT responsible for social programs beyond the companies remit; their responsibility is to be ethical (which doesn't include an enlargement of social responsibilities beyond company concerns e.g., "Black Lives Matter", "Transgender", or even necessarily many "Social Justice" programs, follow the law, do business as best as you can and return that value to the company itself (to grow and develop with the times) and shareholders.
Fox is all in on ESG, what are we talking about here exactly? Fox is a fading star
Until there is something better, no chance Fox fades.
400 bucks a day to drive a UPS truck? Should fire them all and ditch the greedy union!
It truly baffles me how people don't understand how things work. Higher wages means inflation. Plain and simple.
If only Elon could run for president...
@samgriess438 What do you know about Elon that you assume other people don't? Elon single handedly saved free speech in the former united states.
rofl FELON is a career criminal
why else would he have an army of lawyers
@@GalvestonGuy 🤣
@samgriess438 I don't understand what your beef with Elon is. Former employee? DNC disinformation activist??
@samgriess438 I'd like to hear one factual example of a conviction or even current charge/ prosecution...not something like a frivolous lawsuit from a grifter...
This is a double edge sword. I am a union worker we work are butts off for our companies to do top notch work and our companies that work for want more profits at our expense . They works to the bone we are the one 's that make these companies what they are that why we want top pay. These companies had there way would do away with skill union works for cheap labor and still charge the same amount they would never pass the savings on to the customer. We seen this with the construction business once all the cheap labor started coming across the border 20yrs ago.
Our,not are.5th grade.
@@Grunt49Grammar police
You are right
People fight for your family ha ing a education health and happiness. It's not just for greedy rich
At some point you have to control your own money yourself.
Competition??!!!! Just shut them down!!!
The truth will set you free !!!! Stick the ESG where the sun don't shine !!!!!!
Absolutely! Hold them to the fire! 🙏❤️🇺🇸
I may not have understood half of that but I trust the educated opinions of both Elon and Kevin enough to see that there is a problem.
This is the same as Credit Rating Companies came into being. A 3rd Party comes in and regulates your Company and your Customers and then collects fees for doing what no one asked them to do. They've been in place for so long, no one has ever questioned any of them and the Market now has a dependency issue on those Credit Companies.
Go after Blackrock, The Federal Reserve and any other company that isn't accountable to the public.
People, the working class, is sick & tired of TOP Corporate /Big Pharm ppl getting paid MILLIONS EVERY YEAR!!! They’re getting richer & richer while the working class is getting poor’r & poor’r, Enough is ENOUGH!
O'Leary, the man who got paid to promote a scam grift called FTX
Easy money!! 🎉🎉🎉🎉
BRING IT OUT 100%
Mr o Leary should run for president.he knows his crap.
All I need to hear is the word “contractor”, basically an employee a corporation doesn’t have to give health care, benefits, time off or stock options. Squeeze the worker dry, assure the money goes to the CEO’s and stakeholders.
ESG is a REALLY BAD THING and should be eliminated ASAP !
Thank You,Mr. Musk..
1:51 we should start with you
O 'LEARLY Is the same investor who told everyone to invest in FTX with Sam Bankman-fried O'LEARY IS ON HELL OF A POOR person to comment on financial investments.
OMG there are still people with brains out there
And talking like rating agencies have any modicum of integrity... my how everyone forgets about 2008 so quickly.
I figure they must have been another avenue for money laundering. How else could you go through that much money that fast in an industry that is sorely needed?
"Hi. I'm from the government, and I'm here to help." Ronald Regan
So stop using UPS. FedEx here we come
If only FedEx was worth their weight in sh!t… UPS is far more reliable in my experience.
UPS making Fed Ex look like suckaz!
O 'LEARLY Is the same investor who told everyone to invest in FTX with Sam Bankman-fried O'LEARY IS ON HELL OF A POOR person to comment on financial investments.
Everything has gone up 100% how is ONLY a 40% wage increase even helping?
Thank You Elon Musk and Your Family for the love of God and this Country 🇺🇸
He has invested billions in communist China and that country points their nuclear bombs at your family and nation.
MORE MASS PAY RAISES, that is One of the MAJOR reasons as to why we are in this massive inflation CURRENTLY from the last government mandated wage increase.
Continuing to increase wages causes corporations to increase their cost to cover their overhead. Continuing to increase inflation.
The Powers that Be want to give mass pay hikes to those professions and occupations that they will need during the next lock downs. They are essentially paying off those workers, bribing them, like they have already done with teachers, police officers, doctors, and the like.
50 bucks an hour driving and leaving people's packages unsecured only to be stolen by anybody else.
Even without this 50 bucks BS, I no longer accept any packages from UPS, Fedex, DHL
Me thinks USPS and CP will be seeing an increase in parcel shipment and the UPS drivers will find themselves out of a job.
Im very blue collar and pro union, we do need unions, but 50$ to deliver packages is going to hurt everyone, especially the drivers. UPS did it as a temp measure. They are working hard on drones now that can do it at a fraction of the price.
Elon is RIGHT!
There dropping here in Texas 20 to 16 where all paying more for less more cost to everything !!!
Honestly, Kevin has risen from the ashes like a phoenix from that Bitcoin BS he entered stupidly. Didn't like him then, now can't but listen & enjoy his thinking & mindset now. Good on you Kevin!
Lol you are lost
Let the billionaires fall if they cannot pay their workers a real wage! The inflation is crippling the middle class. God knows the poor are getting poorer with the inflation. Thank you Biden voters. This is what you wanted.
Nah...this had nothing to do with Biden voters, because all elections of note are rigged by the permanent parliament that dominates Washington D.C. from behind closed doors and from the shadows.
Mr. wonderful is a smooth operator. No BS.‼️‼️
Reject ESG
GREAT OPPORTUNITY FOR THOSE WHO WILL FOR LESS. PUT THE UNIONS BACK TO THE WORKERS.
I have never heard of a FedEx employee making over 20.
One of my neighbors is a driver for FedEx, and he makes over $30 before overtime
Mr wonderful is wonderful. 💪😂👍. Musk is Apex. They’ve don’t more for Americans than most people born here. Big Respect and Love from Louisiana.
I don't know who I respect more, Elon Musk or Kevin O'Leary. Can you image either one of these Great Men being President of the Untied States of America.
Once Elon has his Neuralink implanted in your skull, I'm sure you will come to your senses.
I have FedEx drivers into my small biz each day. These contractors are pot smoking, no or low education people with no drive. Some are nearly psycopatic and nearly all are non professional types. They get paid what they are worth.... Over paid actually.
What good is testifying when the new standard is to lie under oath and hope to get away with it? It is such a new thing, that so far, works BECAUSE nobody is supposed to lie under oath. Perjury, man. Have you seen any perjury stories lately? When was the last time? Yeah, I thought so.
They don't "hope to get away with lying" - it's a guarantee.
Screw esg funds .screw esg banks. Close your 401k and buy gold. You'll be glad you did and the return WILL be better. Remember, the banks USE your money to make their money. Same as mutual funds. All of them.
These fools think Congress getting involved would actually get something done. 😂 As if Congress was never in their pocket.
I tried to explain to somebody that their 401K is being invested in entities against their moral values. unfortunately most people are lazy and don't know they can make adjustments just by calling their brokers.
Absolutely
From time to time, I do ❤ Mr. Wonderful.
House prices and rental prices are the underlying problem, if you earn $25 a hr that's $52,000 a year before taxes, medicare, SS, 401k, and health insurance. go find a decent place to live by the time you have paid rent , utilities,. vehicle, you have nothing left.
Driving a non CDL truck to deliver stuff is not worth $50 an hour anywhere.
1:33 what's that someone explain sound 😂😂😂
Let’s remember on a bipartisan level, billionaires only care about profits not working class people…. Keep that in mind when listening.
O'Leary is becoming a natural treasure
He's a fraud and a conman who swindled people out of millions with his boyfriend Sam Bankman Fried, who he still defends.
O 'LEARLY Is the same investor who told everyone to invest in FTX with Sam Bankman-fried O'LEARY IS ON HELL OF A POOR person to comment on financial investments.
@@mr.skeleton3190 cramer is the worst
50 dollars an hour to drive a truck and deliver packages, that sounds grossly overpaid
It’s easy to control people when they are poor, hungry and depressed Xxxxxxxxxxxxxxxxxxxxxxx
No bailouts. Let companies experience the consequences for their actions. It will be awarding to everyone else and they will start acting and managing in a more responsible manner. But absolutely no bailouts. Let them go through bankruptcy and let them get picked up by other companies salvage the equipment and let the management go work on an assembly line someplace.
After doing lots of research... I don't see the problem with Socialism nor Comminism.. both are more fair to the average worker than Capitolism.. both make life easier if done correctly
We love Kevin.
hes the one who helped sa ba frid rice rip every one off
If you boycotted all ESG companies, you would be living in Trump's Country with all of the toothless wonderful people.
O 'LEARLY Is the same investor who told everyone to invest in FTX with Sam Bankman-fried O'LEARY IS ON HELL OF A POOR person to comment on financial investments.
Time for a nation wide truckers strike to get wages where they belong.
Interesting how Gold is over 2000.00. That tells me that there is a lot of worry over paper money!
Amazon will be crushing it. Wouldn’t be surprised if they start delivering everyone else’s packages. Looks like there will be a need after they raise there prices.