Last June, Senator Ted Cruz from Texas started working on a bill to regulate woke financial giants such as BlackRock. The bill in question aims to prohibit investment management firms that handle federal employee retirement accounts from using the funds to enforce ESG, and DEI mandates on private businesses.
Though the bill faced an uphill battle, given the close ties between many politicians, particularly the Bidens and BlackRock, Cruz’s assertive approach established a benchmark stance for Republicans heading into the 2024 elections regarding firms like BlackRock and Vanguard. This perspective became a litmus test: any Republican platform lacking the intent to curb BlackRock’s influence over the nation was met with skepticism.
Before his bid for the 2024 Republican candidacy, Ramaswamy extensively spotlighted the concept of woke capitalism. This term encapsulates corporations leveraging their positions to impose agendas resembling the wishes of modern authoritarians onto them. These agendas often parallel those advocated by figures like Hillary Clinton and Barack Obama. Ramaswamy delved into this matter in his New York Times bestselling book, “Woke Inc.,” a recommended read regardless of one’s affiliation with Ramaswamy.
During a Q&A session, Ramaswamy was queried about how he planned to handle these institutions, and his response was both insightful and concise. He distilled his approach into a “1776 question.” Ramaswamy stated that the main idea is that we, as citizens, are considered unable to handle significant issues like climate change effectively. The notion is that we make mistakes, like the false alarms about a planet entering an ice age during Richard Nixon’s era.
As a society, we may not have all the answers to complex problems, which is why it’s important for business leaders, government officials, and various organizations to work together. This means breaking down barriers between public and private sectors and even disregarding geographical borders, all for the greater good of the world. Ramaswamy paralleled this scenario with the spirit of the 1776 war, underscoring the determination of the United States to resist external control. He emphasized the American ethos of uniting despite differences to tackle challenges on equal footing, where each voice and vote holds equal weight.
Ramaswamy contrasted these globalist powers with the historical European perspective that advocated a lack of public input into the nation’s trajectory. He asserted, “Our very sovereignty is on the line.”
Ramaswamy presented a challenge to the American people, urging them to reflect on their readiness to surrender to a monarchical mindset. He referenced the story of the Israelites who longed to be enslaved once again under the rule of the Pharaoh, despite having been freed. “Their strategy only succeeds if we, ourselves, consent to submission,” Ramaswamy remarked.
He concluded by stressing that thwarting this globalist encroachment hinges on embracing the enduring significance of the United States and the unassailable nature of its sovereignty. In a post on platform X featuring the video, Ramaswamy vigorously condemned entities like BlackRock and Vanguard alongside a campaign promise.
He wrote, “As President, I will cut off the real hand that guides the ESG movement – not the invisible hand of the free market, but the invisible fist of government itself.” These institutions indeed pose a significant threat to the United States at present. In reality, many of America’s challenges can be linked back to BlackRock, which actively imposes directives on its employees and the companies where it holds substantial shares.
These corporations have emerged as adversaries of American sovereignty, necessitating immediate and unwavering attention. Ramaswamy’s resolute standpoint should serve as the baseline perspective for all Republicans, not just those contending for the presidency.