West Virginia State Treasurer Riley Moore has banned 5 globalist controlled eco-fascist New World Order banks from entering contracts with the state. Moore released a list of restricted Financial Institutions.
Treasurer Moore called out BlackRock Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley and Wells Fargo for boycotting coal, oil and natural gas companies. As a result, according to a new state law, these firms are no longer eligible to enter into state banking contracts.
“As Treasurer, I have a duty to act in the best interests of the State’s Treasury and our people when choosing financial services for West Virginia. Any institution with policies aimed at weakening our energy industries, tax base and job market has a clear conflict of interest in handling taxpayer dollars,” Moore stated.
West Virginia passed Senate Bill 262, which authorizes the Treasurer to publish the Restricted Financial Institution List on his website and disqualify any financial institution on the List from state banking contracts.
The Treasurer’s Office reviewed publicly available environmental and social policy statements published by financial institutions currently authorized to do business with his Office.
Moore stated, “each financial institution placed on the Restricted Financial Institution List today has published written environmental or social policies categorically limiting commercial relations with energy companies engaged in certain coal mining, extraction or utilization activities, rather than considering the financial or risk profile for each company. These policies explicitly limit commercial engagement with an entire energy sector based on subjective environmental and social policies.”
West Virginia collects hundreds of millions of dollars in coal and fuel taxes annually. Roughly $769 million in taxes paid by coal, oil and natural gas companies. The revenue accounts for 13 percent of the $5.89 billion in General Revenue funds collected by the state, not including other taxes collected from workers and the economic activity generated by these energy industries.
This is a terrific start. The woke agenda and go broke globalist agenda to deindustrialize America and the west depends on the destruction of the coal, oil and natural gas industries. These banks and the wicked World Economic Forum elitists who own them are waging a quiet war against humanity under the guise of “saving the planet” from “climate change” using economic warfare and bioweapons to attain their goal. By now, this should be obvious
Every conservative state should follow West Virginia and ban globalist banks from doing business with them. Stop the Great Reset! Build Back Better means slavery and genocide. Death to the New World Order.