âFacts are threatening to those invested in fraud.â [Unsubscribe]( [Wiggin Sessions] July 14, 2022 Who Cares About Climate Change Anway? âFacts are threatening to those invested in fraud.â â DaShanne Stokes [Addison Wiggin]Dear Reader, “Misinformation or Disinformation,” writes Ken, a reader, “not long ago it was called straight B.S. … no matter what angle it came from.” My actual response: “You might think about it differently if you read this piece by Isaac Saul: [Misinformation is Here to Stay (And That’s Okay)](. Misinformation allows us to challenge that which is accepted as fact. “Read your comments several times,” writes Kent, “and it is difficult to determine if you are an advocate, a watchman or merely an analyst; of course, that is not acceptable for someone in your business.” My actual response to Kent: “I am merely introducing the subject. It’s a complex issue so I wanted to get it on the table. I’m critical of ESG and think it’s as phony as the .com boom. The only difference here is there is a lot of political capital behind it, which makes it far more treacherous for financial markets and for main street alike.” The “.com” bubble was a fraud. The “mortgage backed security (MBS)” trade was a fraud. Now, ESG compliance is a fraud. We’ll see numerous examples come to light in the months ahead. “What is the mission of the global elites?” writes Ted, “To control the globe of course. They will say and do anything to gain more control. The climate change narrative is laughable to any reasonably logical person. Say it long enough, throw a bunch of money behind it, and uninformed, gullible people will believe it.” It seems like we’ve dipped more than a big toe in the ocean here. We might be wading ankle deep. Thank you if you have sent suggestions for further reading prior to the trip to Greenland. Here’s John Englander dutifully testifying before a Congressional committee: [Click here to learn more] John Englander testifyinâ before Congress, listen to our Wiggin Session, [here]( “ESG, has been a ‘new thing’,” John says regarding the environmental debate on Wall Street and what’s happening in Congressional hearings. Fact is, we have no skin in this game, except for I believe an enormous fraud is underway. As such, my undertaking feels more like a public service announcement (PSA) than anything else. “Beyond what's on the balance sheet and the income statement of a company,” Mr. Englander says, “what are the environmental, social or governance issues that could affect its value?” Are those questions you should be asking as an investor? They’re selling it as a “free market” way to solve climate change (heh), gender and equality issues (heh), and corporate governance along their own terms. “ESG had two sided aspects,” John says in our Session. “One is, how can we use ESG to do some good in the world? Secondly, how will those issues affect the company's values?” Englander continues: Whether it's a coffee company like Starbucks and the concerns about what's happening to growing the coffee bean, for example, is one example of how the environment could affect the value of a company. If the price for Dunkin Donuts or Starbucks goes too high to the customer, it could impact its value. But, it was proactively being used as a way to create funds that embraced good governance, good social values, representation of women and minorities and so on, and good environmental policies as a way to pursue change. Not that I feel the need to validate our position: We’re not an advocate, a watchman or an analyst. We are concerned that these trends create bubbles backed by public money and policies and are designed to puff up balance sheets of traders, money managers and hedge funds who could give a rat’s ass about the environment. It’s called “greenwashing” – whether the company is compliant or not. If it looks good on paper, then it gets the correct stamp. No one is really paying attention to science or the environment. So it goes⦠[Addison Wiggin] Addison Wiggin
Founder, The Wiggin Sessions P.S. “Caveat emptor,” writes Rob, “Blurring the true nature of the fund is scurrilous at best. Thanks for bringing their true nature to a brighter light.” #1 Ranked Economist Andrew Zatlin Issues Urgent Warning: âIn 2011, food riots blew up the world. Now, in the summer of 2022, we might see the same thing here in Americaâ¦â [Click here to learn more]( [Click here now to get the exact timeline of how global food shortages could turn into global food riots — and how to protect yourself and your money.]( Ed. note: Got something to say? Send your feedback to The Wiggin Sessions, [here.](mailto:WigginSessions@5minforecast.com) Follow the Wiggin Sessions on Social Media! [Facebook Group]( [Twitter]( [Instagram]( [YouTube]( [LinkedIn]( [The Financial Reserve]The Wiggin Sessions is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Consilience, LLC. delivering daily email issues and advertisements. To end your The Wiggin Sessions e-mail subscription and associated external offers sent from The Wiggin Sessions, feel free to [click here.]( Please read our [Privacy Statement.]( For any further comments or concerns please email us at support@5minforecast.com. If you are having trouble receiving your The Wiggin Sessions subscription, you can ensure its arrival in your mailbox by [whitelisting The Wiggin Sessions.]( © 2022 Consilience, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Email Reference ID: 400WIGED01