WATCH: Glenn Beck Guest Says ESG ‘Would Make Our Founding Fathers Shudder’

Vivek Ramaswamy is a prominent opponent of woke Corporate America. He joined Glenn Beck, conservative radio host, to criticize environmental, social, and governance standards, and highlight the dangers that they pose to the American people.

Beck heard from Ramaswamy on July 20, that ESG provides an opportunity for BlackRock and other investment titans to steal the American people blind, then use the stolen money to reduce fossil fuels prices and make it more costly. 

“It’s a fraud of our time, where Americans are paying for $5 gas at the pump with one hand, not knowing that They are subsidizing ESG by funding their own 401k accounts as well as their pension fund accounts.,” Ramaswamy said. [Emphasis added]. 

BlackRock accomplishes “through the backdoor what government could not get done through the front door, through Congress,” Ramaswamy said. While Biden “doesn’t have the political support” to end fossil fuels, he explained, his administration is “deputizing” BlackRock to do just that. 

Bloomberg News reports that the powerful investment company has more than $10 trillion of assets. It uses this money to make Corporate America accept or reject the “woke gospel” and risk its destruction. It’s a world that “would make our Founding Fathers shudder,” Ramaswamy said. 

 

 

Ramaswamy said that BlackRock advocates for ESG-friendly corporate policies. 

“Climate change plans; emissions caps; diversity, equity, inclusion quota systems for race and gender on boards; et cetera,” he said. “They use our money to advocate for those principles in corporate America that makes companies less successful.” 

ESG is the main obstacle preventing the oil and gas industry in the U.S. from meeting “the needs of Americans at a time when there’s a massive supply-demand imbalance,” Ramaswamy warned.  

Ramaswamy added that “as recently as 2018, the U.S. was the world’s largest producer of energy. How quickly things have changed now with the U.S. president groveling in front of foreign dictators around the world, begging them to produce more oil that the U.S. could be producing instead.” 

The U.S. under former President Donald Trump surpassed Saudi Arabia in 2018 to become the world’s largest producer of petroleum, according to the U.S. Energy Information Administration. Just four years later, President Joe Biden met with Saudi Crown Prince Mohammed bin Salman in a visit that was at least partly geared toward getting the Saudis to “increase the supply” of oil for the U.S., if The New York Times’s quote of Biden is any indication.

But the U.S. energy crisis that precipitated Biden’s humiliating trip to Saudi Arabia was no accident, Ramaswamy said. 

Ramaswamy explained that Biden is simply “making good on a campaign promise” from September 2019 when Biden said “I guarantee you we’re going to end fossil fuels.”

Conservatives being attacked. Contact ABC News at 818-460-7477, CBS News at 212-975-3247 and NBC News at 212-664-6192 and demand they hold Biden to account for America’s energy crisis.

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