People whose political opinions put them well to the left of the center of American opinion will naturally find themselves sympathetic to many of the policy proposals put forth by the Democrat Presidential candidates. People well to the right of center will naturally be hostile to those policies.
When I think about MMT — Modern Monetary Theory — I visualize an odious miscreation squatting in its squalid swamp for decades, waiting only for an opportunity to erupt from the scum and devour the world’s economies.
Having a heart attack was like having an elephant jump on my chest and sit there for six hours, then wander off into the night as though nothing had happened. Having sextuple CABG surgery was like being in a really bad car crash.
What Robert Redford did — how does he think this stuff up? — was invite the CEOs of Peabody and the four utility companies, along with the two tribal chairmen (Peter McDonald from the Navajo and Abbott Sekaquaptewa from the Hopi) to come to Sundance for a “pow-wow.”
My new friend, Abbott Sekaquaptewa, had walked me through the history of the Hopi tribe, beginning with their birth as children of the Earth Mother up to about AD500, when the Hopi had hired a fierce Apache tribe to protect them.
One day, innocently sitting at my desk and annoying no one, I opened a long letter from a guy named Abbott Sekaquaptewa, who seemed to be the Chairman of the Hopi Indian Tribe (as they were known in those days).
Last week, we noted the tendency of the financial industry to take advantage of investors, including responsible investing (RI) investors. We also observed how this led to the epidemic of greenwashing: recharacterizing rather ordinary investments as RI investments. This week we’ll move beyond the greenwashing problem and look at other…
“ESG offers the chance of a fantastic rebranding for an unpopular [financial] industry, an excuse to crunch a lot of data and then charge for it, a great opportunity to bid for the huge pools of money held on behalf of public sector workers and charitable organizations … and most…