Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

How Big Banks Are Planning to Force Americans into the ‘Great Reset’ Trap
Townhall.com ^ | March 30, 2021 | Justin Haskins

Posted on 03/30/2021 6:22:18 AM PDT by Kaslin

In June 2020, elites from around the world gathered to announce the launch of a plan to “reset” the entire global economy, a proposal they ominously named the “Great Reset.”

Among the many world leaders and powerful institutions that pledged their support for the Great Reset at the June meeting were the International Monetary Fund, Prince Charles, the head of the United Nations, CEOs from major international corporations, and the World Economic Forum—one of the key ringleaders of the Great Reset.

“Every country, from the United States to China, must participate [in the Great Reset], and every industry, from oil and gas to tech, must be transformed,” wrote Klaus Schwab, the founder and executive chairman of the World Economic Forum, in an article published on WEF’s website. “In short, we need a ‘Great Reset’ of capitalism.”

The initial justification for the Great Reset was the COVID-19 pandemic, but from the start, supporters of the global economic overhaul repeatedly said that climate change was the long-term justification, the one that would allow a sustained, massive transformation of society. Doing nothing, they argued, would pose an “existential threat” to the human race—a completely ludicrous argument many on the left continuously make without a shred of solid scientific evidence to support the claim.

Among the most important figures in the Great Reset movement are gigantic financial institutions and/or their CEOs, including Bank of America and MasterCard.

Although many Great Reset supporters have called for dramatic expansions of government welfare programs, including job guarantees, government-provided health care, etc., the heart of the Great Reset is something called environmental, social, and governance (ESG) metrics.

ESG metrics offer public policy leaders, economists, investors, and banks an entirely new way of evaluating businesses. Instead of looking at how profitable a company is, how many employees it has, its business model, and other traditional metrics, ESG adds to those concerns a whole host of left-wing causes, including how “green” a company is, having the “right” ratio of minorities, whether a business is involved in politically disfavored industries (such gun manufacturing and sales), as well as other, similar considerations. Companies are then given a score or rating to determine how well they align with ESG goals.

Hundreds of the world’s largest corporations, including financial institutions, have already created ESG systems and reporting metrics within their companies, and investor groups worth trillions of dollars have pledged to prioritize these companies over those that refuse to participate.

ESG systems, sustainable investment, and forcing the world to adopt “green” energy sources are all essential elements of the Great Reset plan to transform the world. (I put “green” in quotes because there is ample evidence to show wind and solar energy are not even remotely environmentally friendly, as even left-wing documentarian Michael Moore now admits).

Parts of the Great Reset are theoretical and have yet to be put into place, but some components of the plan have already been rolled out or are now being put into place. One of the most important is financial institutions’ commitment to mandate that virtually all businesses in America adopt renewable energy.

In February 2021, Bank of America, citing its “longstanding support for the Paris Climate Agreement,” announced, “the company today outlined initial steps to achieve its goal of net-zero greenhouse gas (GHG) emissions in its financing activities, operations and supply chain before 2050.”

Note that the “net-zero greenhouse gas emissions” rule will be applied not only to Bank of America’s own operations and supply chain—meaning every company that does business with Bank of America—but also its “financing activities.”

Put more simply, if you want a loan from Bank of America in the future, you better toe the globalist line on climate change.

Of course, Bank of America isn’t the only bank with these policies. Wells Fargo CEO Charlie Scharf made a comparable announcement on March 8.

“Climate change is one of the most urgent environmental and social issues of our time,” Scharf said, “and Wells Fargo is committed to aligning our activities to support the goals of the Paris Agreement and to helping transition to a net-zero carbon economy.”

Citi, Goldman Sachs, Morgan Stanley, and JPMorgan Chase—which, together with Wells Fargo and Bank of America, make up the six largest banks in the United States—also made similar commitments.

And do not think for a moment that these requirements will only apply to businesses, either. Some financial institutions have already started to give ESG scores to individual investment accounts, as Glenn Beck has repeatedly noted, sending a clear signal that everyone will be required to adopt the Great Reset in the coming years.

If banks are allowed to collectively decide to stop financing any group of people they want, based not on financial concerns but ideological considerations, then banks and their Great Reset allies will have, in effect, near-total control over society—especially if they begin to tie lending decisions to a vast ESG system.

Interestingly, in January 2021, the Trump-era Office of the Comptroller of the Currency issued a finalized Fair Access to Financial Services regulation that would have made it illegal for large banks to engage in the sort of discrimination I warned about above. But just one week after entering the White House, President Joe Biden “paused” the rule’s implementation, signaling his clear intention to eliminate the rule before it ever has a chance to be published in the Federal Register.

This shouldn’t come as a surprise to those of you who have been following the Great Reset closely. The Biden administration’s “climate czar,” John Kerry, as well as Biden himself, are supporters of the Great Reset.

The time has come for a massive populist revolt against the Great Reset, one that will hopefully have the same success as the grassroots movement against Common Core did under the Obama administration.


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS: banking; bankofamerica; banks; climatechange; finance; greatreset
Navigation: use the links below to view more comments.
first 1-2021-4041-48 next last

1 posted on 03/30/2021 6:22:18 AM PDT by Kaslin
[ Post Reply | Private Reply | View Replies]

To: Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; ...

p


2 posted on 03/30/2021 6:24:27 AM PDT by bitt (America is the Home of the Brave, not the regime of the silenced.)
[ Post Reply | Private Reply | To 1 | View Replies]

Comment #3 Removed by Moderator

To: Kaslin

I am so glad that I’m old. Thomas Sowel has even shared this same viewpoint here:

https://www.youtube.com/watch?v=JBRvm83TXrg
Title:”Biden is America’s point of no return”

The world has gone absolutely mad.


4 posted on 03/30/2021 6:27:20 AM PDT by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

if carbon=life and reset=”net zero”

You work it out


5 posted on 03/30/2021 6:27:36 AM PDT by z3n
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

You’ll receive a notice from your bank that all your funds have been converted to bitcoin.


6 posted on 03/30/2021 6:29:07 AM PDT by SkyDancer (To Most People The Sky's The Limit ~ To A Pilot, It is Home)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

“Every country, from the United States to China, must participate [in the Great Reset], and every industry, from oil and gas to tech, must be transformed,” wrote Klaus Schwab...”

BWAAAAAAAA....China? Xi? BWAAAAAA...


7 posted on 03/30/2021 6:30:52 AM PDT by OpusatFR
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

...the banking industry acts as the governments secret police...


8 posted on 03/30/2021 6:31:04 AM PDT by wny ( s)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

The globalists have employed the media for the purpose of never letting a good crisis go to waste, for far longer than America’s Democrats. Their very invention of the World Economic Forum was to internationalize among the worlds governments, corporate elites and politicians the use of that mode of promoting “change”, globally.


9 posted on 03/30/2021 6:31:06 AM PDT by Wuli
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

...the banking industry acts as the governments secret police...


10 posted on 03/30/2021 6:31:17 AM PDT by wny ( s)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

FLUSH “Klaus Schwab”.

FLUSH the “Great Reset” (i.e. Global Communism)

Yes they are setting a trap and the virus was a tool in it. The Great reset would establish the END.

I will fight first.

These are the same people who backed the 4 year coup and “Pearl Harbor II” on November 3-4, 2020.

That was an Act of War, with huge number of bureaucrap traitors in the US government helping them.


Totalitarianism in all forms is Evil!

Progressive #Progressive_Caucus (Closet Communist)
Socialist #Venezuela
Marxist #BLM
Fascist #Nazi’s (Erdogan’s Turkey)
Communist #Antifa
Dictator #ComDem_Covid19_Dictators
Islamist #ISIS
Bureaucrap #the_Swamp

All Evil. All Fail.

Freedom Works.

It’s TIME to DownSize DC!


11 posted on 03/30/2021 6:32:48 AM PDT by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Roman_War_Criminal; SaveFerris

Ping.


12 posted on 03/30/2021 6:35:08 AM PDT by Redcitizen
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

F*ck their “reset.”


13 posted on 03/30/2021 6:35:38 AM PDT by ScottinVA (Enough. Divide the country.. now. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

bmp


14 posted on 03/30/2021 6:41:22 AM PDT by gattaca ("Government's first duty is to protect the people, not run their lives." Ronald Reagan)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

The time has come for a massive populist revolt against the Great Reset, one that will hopefully have the same success as the grassroots movement against Common Core did under the Obama administration.

Prediction:
This Great Reset revolt will come immediately after the revolt against the 2020 fraudulent Presidential election ...


15 posted on 03/30/2021 6:42:05 AM PDT by PIF (They came forThe only way to fight this on an individual level is me and mine ... now its your turn)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

Global Warming is a religion, and it currently posses a greater threat than Islam, IMHO. All the atheist and agnostics are flocking to GW because everybody has to believe in something. Unfortunately it comes with its own societal rules and Sharia type laws.


16 posted on 03/30/2021 6:50:04 AM PDT by MrKatykelly
[ Post Reply | Private Reply | To 1 | View Replies]

To: cuban leaf
I have worried in the past about my children and grandchildren, but the "children" voted for this, Biden was nice and didn't have mean tweets. Kinda wrote it off to, "America will get the leaders she deserves."

Guess who will get their inheritance? The Democrats!

17 posted on 03/30/2021 6:53:30 AM PDT by thirst4truth (America, What difference does it make?)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Kaslin

Fools. The Chinese CCP doesn’t give a crap about this and will use it to in their favor. These “elites” had better get on the ball before they wake up one morning and find that they are superfluous.


18 posted on 03/30/2021 6:53:38 AM PDT by glorgau
[ Post Reply | Private Reply | To 1 | View Replies]

To: thirst4truth

Bingo.


19 posted on 03/30/2021 7:01:31 AM PDT by gathersnomoss (Why Is DC fenced in and on lockdown while our Southern Border is wide open? Third World Tyranny!)
[ Post Reply | Private Reply | To 17 | View Replies]

To: Kaslin

The elite must go. They want all the wealth and for us to be serfs.


20 posted on 03/30/2021 7:05:50 AM PDT by bk1000 (Banned from Breitbart)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-48 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson