A new poll reported that most Americans do not want investment firms to spend their retirement money on so-called woke goals like climate change and would prefer that they focus on maximizing profits for retirement.
The exclusive poll was published by Breitbart News on Jan. 24 and conducted by CRC Research for the 85 fund.
Around 1,600 randomly selected registered American voters were surveyed this month, with 59 percent of the respondents saying that the primary mission of government pension funds is to maximize the amount of money earned through their investments after they retire.
The survey results were published on Scribd.Only 21 percent of respondents said that government pension funds should prioritize focusing on socially conscientious public policy. Another 14 percent said they were “unsure,” and another 6 percent said “other.”
Most American Investors Oppose Their Money Going Into Progressive Projects
However, after the questions were broken down and more clearly defined, more respondents started to oppose investing their money into left-wing causes.Sixty-two percent agreed “states should not do business with companies that advocate for policies that hurt their state’s economy,” while only 22 percent disagree.
Sixty-eight percent respondents said that “states should not do business with companies that advocate for policies that make electricity more expensive for the state’s consumers,” while 20 percent disagree.
Another 70 percent agreed “states should not do business with companies that advocate for policies that make gasoline more expensive for the state’s consumers,” while 20 percent disagree.
Seventy-two percent believe that “states should not do business with companies that advocate for policies that make gasoline more expensive for the state’s consumers,” while 19 percent disagree.
At least 70 percent said that “states should not do business with companies that help build coal plants and pipelines in China while trying to shut down coal plants and pipelines in the United States,” while 17 percent disagree.
Seventy-one percent agree with states like Florida that have removed investment companies from managing their state’s pension funds if they prioritized a political agenda over maximizing financial returns for retirees, while only 16 percent disagree.
Finally, 72 percent agreed that states should oppose “politicizing pension funds and defend the financial interests of the state and their citizens” if “corporate elites are trying to force states to follow a political agenda that will damage the state’s economy and increase gas prices and electric bills.”
Major investment firms like BlackRock and Vanguard have pushed for “net zero” initiatives to fight climate change, one of the key components of the environmental, social, and governance (ESG) initiative recently promoted the World Economic Forum at Davos, Switzerland.
States Begin to Crack Down on Woke Capital
The ESG movement has become one of the most controversial topics of the past year, as many Americans began to increasingly discover the close ties between the world’s top investment funds and the progressive movement.Many citizens and elected officials are becoming concerned about the rising influence of “woke” capital on their everyday lives.
A few Republican-controlled state governments have already begun to sanction “woke”-leaning investment funds and have plans to divest their state funds from pro-ESG firms like BlackRock.
Florida’s chief financial officer, Jimmy Patronis, announced last month that the state government would pull $2 billion of its assets out of BlackRock due to their opposition to the firm’s ESG agenda.
Blackrock CEO Larry Fink has also been attacked for his close ties with the Chinese Communist Party and its leadership in Beijing.
The poll was conducted by CRC Research for the 85 fund from Jan. 2–5, with a 2.45 percent overall margin of error and a 95 percent confidence interval.
