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The Moral Argument for God’s Existence.

  An atheist might say you can be good without believing in God. However the question isn’t can you be good without believing in God but can you be good without God? Here’s the problem if there’s no God. What basis remains for objective good or bad, right or wrong? If God does not exist objective moral values do not exist. Here’s why. Without some objective reference point we    really have no way of saying something is up or down. Gods nature however provides an objective reference point for moral values. It’s the standard which all action and thoughts are measured. However, if there is no God then there is no objective reference point. All we are left with is one persons view point as opposed to some other persons view point. This makes morality subjective not objective.  It’s like a preference for vanilla ice cream. The preference is in the subject not the object. Therefore it doesn’t apply to other people. In the same way subjective morality applies only to the subject. It’s not va

What is ESG?

What is ESG? Is it good for you and our society?

 Why do millions of people invest in retirement accounts? The answer is obvious: to have money to live on when they're no longer working. The best way for those investment accounts to grow is to invest in companies that make a profit. Less profit for those companies means less money for retirement.

 This might seem like common sense but it's becoming less common, thanks to a new investment strategy called ESG. ESG stands for Environmental, Social, and Governance. If you're wondering what that means, you're not alone. Generally, it means that a company's first concern should no longer be how much money it makes, but rather how much social good it does. In other words, get “woke”, or get shamed.

 For example, If you're an oil company you're out of luck because, by the nature of your business, it's assumed you're destroying the planet. Never mind that you're powering homes and hospitals. And that nearly every advancement we’ve made in the past century, including saving more lives and lifting more people out of poverty then in all of human history has been because of fossil fuels. However, all that doesn't count. In fact, if you're a company just trying to make a profit, you're the problem.

 ESG proponent Klaus Schwab, chairman of the World Economic Forum, puts it this way: "We can't continue with an economic system driven by selfish values, such as short-term profit..." The message is clear: we need ESG to save us from ourselves. Really?

 The pursuit of profits has fueled many of mankind's greatest innovations and greatest companies. It led Elon Musk to build electric cars, Andy Grove to design computer chips, and Reed Hastings to develop the world's most popular streaming service. Everything from aspirin to commercial airplanes, yes even solar panels and wind turbines came about because of the desire for profit.

 Profit is why you have a job, clothes, a house, food, medicine, and every other necessity, not to mention luxuries. It's the reason why you can live in Phoenix and stay cool or live in Buffalo and stay warm. The genius of capitalism is that it requires businesses to do good things for society to make a profit.

 Think about it: If you want to start a business — whether it's a dog hotel or a shoe factory — you'll have to create a product or service that helps others — at a price they can afford. If you want to hire employees, you'll have to offer attractive wages and safe working conditions. Otherwise, nobody will work for you. If you want customers, not only will you have to make a good product, but you'll need to cultivate a good reputation. That means treating those customers well and offering competitive prices.

In a free enterprise system, you can't make money without providing a social good.  

By its very nature, Capitalism is conscientious. It turns out that profit isn't selfish — it  

motivates us to contribute our talents to help others. On the other hand, ESG threatens this system. By denigrating profit, it lessens the incentive and the means to do good. Without profits, companies won't have the capital to provide jobs, pay investors, or fund innovation. But that's the world ESG wants you to live in: a world where profit takes second place to a preoccupation with income inequality, race and gender sensitivity, and climate alarmism.

 However, even if you wanted to address those concerns, how would ESG help you do it? That's a fair question because there's no consensus on ESG standards. Here's a good example: Three self-proclaimed ESG watchdogs have given Tesla three completely different ratings: best, worst, and middling.

 In capitalism, there is a simple metric to determine success: how much money you're making. Under ESG, there is no such thing. It's a judgment call. To make ESG investment strategies even more problematic, according to Meir Statman, professor of finance at Santa Clara University, "in the long run, ESG investors are likely to earn lower after-fee returns than non-ESG investors."  

Over a period of say, 30 years, those fees alone could cost you hundreds of thousands of dollars. So, if ESG endangers profits, offers no clear metric for success, and is a mediocre investment, why is it even a "thing?"

 For two main reasons: First, ESG allows people like Larry Fink, CEO of BlackRock, the world's largest investment company, to feel good about themselves. It's a "get out of jail free" card for "guilty" billionaires. They preen and virtue signal in the New York Times — and the rest of us are stuck with the bill. Second, it's about control. ESG enables an "enlightened" elite to tell everyone else how to run their companies. Submit to ESG or you won't get that loan or that investment, whether or not it's good for your bottom line and your shareholders. That's how companies and whole economies go from woke to broke. Including your 401k. 

So, if somebody tries to sell you on Environmental, Social, and Governance (ESG) investing, hold on tight to your wallet and to your values. ESG is coming for both. 

 - Andy Puzder



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