Name: ESG's Are the Reason for Woke Corporate Interests
Uploaded: 2021-07-06T20:18:07.000Z
Description: Watch the stand-up comedy video 'ESG's Are the Reason for Woke Corporate Interests' from PowerfulJRE on Comedy Buff. Published 2021-07-06. Transcript available.

Watch the stand-up comedy video 'ESG's Are the Reason for Woke Corporate Interests' from PowerfulJRE on Comedy Buff. Published 2021-07-06. Transcript available.

What you don't hear, only on Tucker Carlson, I don't know how that happened, is
anyone criticizing the pharmaceutical industry, the number one advertiser in
all media is the pharmaceutical industry.
CNN can't criticize the vaccines because then they're advertising. They get
calls. It's built on advertising. And it's easier to discredit someone because
when you say this guy is a horrible person, advertisers run away from that shit.
They don't want this. It has no different than Twitter or YouTube. It's not
really about political opinions, but political opinions can leverage the advertiser
relationship to get someone canceled.
That's the mechanism. So this has become so good now. And, you know, like what
are they called? Sleeping Giants and Media Matters and all these types of
groups who organize.
I mean, I haven't seen it on Podcast Index. I'll get a whole thing. Tim Dillon
sucks. You have to get him off. He's a homophobe. He's a racist. He's a transphobe.
And then I'll see that, you know, five other guys who have podcasting 2.0 apps,
they have the same, the same note. Now there's no advertising. So we're all
like, whatever.
Have you, wait a minute, hold on. Have you really seen something that says Tim
Dillon's a homophobe?
Oh yeah.
He's gay.
I'm just telling, of course. I'm just telling.
Do you know how crazy that is?
Are you asking me if the world has gone insane, Joe Rogan?
But the fact that they want to say that Tim Dillon's a homophobe because he
makes fun of gay people, he is actually gay.
Yeah, I didn't know that.
I don't care.
But he's openly gay. He discusses it all the time.
But the point is, it's to leverage.
This is, and this is, okay, where this all comes from ultimately, I think, is
again, the problem, money corrupt.
Money is the root of all evil.
And right now we're in a position where the global banking system, which is far
removed from anything you and I can really understand, how credit works and how
there's $400 trillion worth of paper that surrounds the bond markets.
It's all just, it's an illusion.
In order to, in order to keep the control, we have to utilize this at every
single moment.
We have to use it as a wedge for everything.
And all of these companies are nothing more than a part of that system.
They are, the money flows through everything and it's most of its advertising
base.
All of Silicon Valley is a hits business.
Instead of caring what their users want, they want hits.
So they'll acquire hits.
Oh, this YouTuber's great.
We're going to hook him up.
This podcast is great.
We're going to give him $60, $80, $100 million.
No offense, but it's hits business.
They're buying hits, not doing anything more than that.
And if you don't play along, you're going to lose your income overnight.
So ESG, have you heard of this?
No.
Environmental...
I feel like I should have a drink.
You want to have a drink?
I'd love a drink, especially when they get into ESG.
This is too intense.
No, but the ESG is fascinating.
Bring some glasses in?
So ESG, and this is now something that if you want to invest in a company,
they will, on their investor relations page, they'll show you their ESG score.
ESG stands for Environmental, Social, Corporate Governance.
And this is where the woke culture comes from.
So they've created this kind of phony baloney rating system that says,
well, if you, I'm exaggerating, but if you mentioned that you are, you know,
have a green agenda and you believe in carbon credits and you might trade some
credit somewhere,
then you get a higher score and therefore you're more investable.
And it's very interesting to see how big investors like insurance company,
institutional investors,
they are steering away from anything that does not have the right ESG rating.
And so in order to have investors continue to be interested in the stock,
which is important for the company, for its perception, certainly for the
officers of the company and the shareholders,
you have to move this along continuously.
And so it's very simple to see why doing a woke ad as Nike or as any other
company and pride month is fantastic
because you could, and pride is easy, throw up some flags, show the right
people, trends, whatever.
And you got a high ESG score.
And so this is a control mechanism that is being used throughout all
corporations worldwide.
And I don't even think it's stoppable.
People are just starting to figure out what's going on.
That's where all this is coming from.
Nike doesn't give a fuck about black people that way.
I don't believe it.
They care about their stock price.
Of course, individually, there's people who care.
There's no doubt about it.
But it's driven by ESG.
And so it kind of started with the DEI, the Diversity, Equity, Inclusion.
That has now moved over to, and you can look it up, SASB, S-A-S-B.
That's the Board of Standards and Statistics for corporations.
And they have this formula how you measure your ESG score and if you're really
investable.
And it's funny because you'll see like Nike has a 75% score.
Tesla, which you'd think would be really good, 38.
Because, you know, not woke enough or Elon, you know, says the wrong things.
So it's actually harder to invest, for an institution to invest in Tesla
because of their low ESG score.
Really?
Mm-hmm.
Huh.
Yeah, this is some, I'm just really learning about this myself.
How did you find out about this ESG stuff?
Ah, kidneys, brother.
Kidneys?
You don't remember that joke?
No.
Holy shit, you're my age.
No, what is the joke from?
Ah, it was an old joke.
It was like some moronic kid in school, you know, figured it out.
And then it's like, hey, how come you're not a moron?
And the moron says, kidneys, kidneys.
Oh.
What was on that?
It doesn't quite work.
What was that on?
A joke?
What was that joke on?
That was when I was in third grade.
Oh, like a joke joke?
Yeah, like we-
Oh, like two Jews walk into a bar?
That kind of a joke?
Yeah, only less offensive.
Cheers.
Is that offensive?
No.
Well, the Jews joke is they buy it.
Two Jews walk into a bar, they buy it.
Yeah, boom shakalaka.
Yeah, it's not-
So this ESG stuff is really being utilized to control, fuck it, society,
society in general.
And Twitter has to adhere to the same thing.
And they're using it as a method to maximize profits because people will
support companies
that are woke because it aligns with their own personal values.
So the companies espouse these-
I wouldn't say profits, I would say shareholder value.
Okay.
That's a little different than profit.
Why?
What is the difference between profit and shareholder value?
Well, this is-
So currently, if you are a CEO and you have a board and everyone has stock and
all your
C-suite people and your important people all have shares, and the way the
mechanism works,
all right, we have the Federal Reserve and interest rate is at zero, so big
companies can go
to any bank or literally, Federal Reserve is a bank too, and say, I need a
hundred billion
dollars, and they're going to give it to me for almost zero percent, you know,
because what we
pay on credit card interest or something, that's not what banks pay.
They pay almost nothing.
So they get that free money, and then they buy back their stock.
Buying back their stock makes the price rise.
Everybody who has stock wins.
That has been going on for a long time.
That's the number one way of getting really rich in a public company.
Apple, you know, this was the thing when Trump had his repatriation of the
money and
also the corporate tax cut.
The main thing that was a problem, and I'm not sure how they dealt with it, was,
well,
you're getting all this, you're bringing this money into the country, or you're
getting a
tax break.
We don't want you just using it to buy your own shares, because you buy your
own shares,
you're only making yourself wealthy off of actually the backs of the American
people,
because we didn't get that tax revenue.
And that's the system how it's worked, and now they're just expanding it into
this mythical
ESG, and it's based on how green you are, net zero aspirations, reports, wokeness,
social
justice.
And it's also, because it's connected to the idea of being a better person, it's
so
easy to support.
Gotta love it, bro.
Look at the ads.
And it's one of the rare times where a corporation will get support from the
general public for
sticking with this.
Because we're good people.
Yeah.
And we all believe.
We're good people.
I love it.
I want my LGBTQ, LGBTQIAP plus.
There's B's?
There's two B's?
Bi.
Bi and bi-curious.
That's in there too?
Bi-curious?
In my version, there is.
Is H in there yet?
Just overall horny?
Can't people just, isn't that pansexual?
Are they in there?
I love, I find it so insulting that, you know, it's called the LGBTQ community.
It's not a fucking community.
It's just as insulting as the black and brown community.
Oh, what fucking zip code do I go to to meet some black and brown community
people?
It's really, that to me is offensive.
I hate that.
But anyway, so it's so good to have that group.
And by the way, the L's don't like the G's.
The G's have problem with the T's.
I mean, all this, that's a great Chappelle bit actually.
Right, right, right.
Yeah, the alphabet people.
Yeah.
He's spot on with that.
Spot on.
It's not a community.
But anyway, it's such a, it's being abused, just as Black Lives Matter Inc.
Not Black Lives Matter.
The feeling is good people because we're good people.
We don't want racism.
We don't want people hurt.
We don't want people discriminated against.
But we're being used like pawns and saying, oh, well, then do this and go here
and say yes
to this.
And then before you know it, you're kind of stuck in the system where you're
afraid to
say, that's not okay.
And for me, it's as simple as saying, I do not believe in an LGBT community.
I believe in people and they do their own thing and they love who they love and
do what
they want.
And that's one thing.
It's not a fucking community that you can put together and say, this is what we're
doing
for them.
Right, right.
And I think trans women are the most abused by corporations now.
They're using them everywhere in every ad.
And, you know, just to push and push and push.
Well, it's just because it's in vogue, right?
So this is something that they latch on to.
In vogue or ESG.
Yeah, they latch on to.
Of course.
But what does it stand for again?
Environmental Social Corporate Goals.
Governance, I'm sorry.
Environmental Social Corporate Governance.
Catch new episodes of The Joe Rogan Experience for free, only on Spotify.
Watch back catalog JRE videos on Spotify, including clips.
Easily, seamlessly switch between video and audio experience.
On Spotify, you can listen to the JRE in the background while using other apps
and can
download episodes to save on data costs all for free.
Spotify is absolutely free.
You don't have to have a premium account to watch new JRE episodes.
You just need to search for the JRE on your Spotify app.
Go to Spotify now to get this full episode of The Joe Rogan Experience.