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DeSantis Takes a Stand Against “Woke” Banks and their Political Manipulations

&NewLine;<p>Governor DeSantis of Florida was giving a speech at a Moms for Liberty event&period; Right in the middle of this&comma; the crowd received emails that PayPal had frozen the accounts and they could not receive donations&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>I’m thinking DeSantis was a bit pissed off about this&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>DeSantis has announced legislation for the 2023 Legislative Session that will take a stand against banks and fund managers using the &OpenCurlyDoubleQuote;woke” environmental&comma; social and governance criteria &lpar;ESG&rpar;&period; The ESG criteria are used by socially conscious investors to screen potential investments&period; It will&colon;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>– Prohibit big banks&comma; credit card companies and money transmitters from discriminating against customers for their religious&comma; political&comma; or social beliefs&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>– Prohibit State Board of Administration &lpar;SBA&rpar; fund managers from considering ESG factors when investing the state’s money&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>– Require SBA fund managers to only consider maximizing the return on investment on behalf of Florida’s retirees&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>After the Governor&&num;8217&semi;s announcement&comma; Paypal&comma; without explanation&comma; turn the accounts of Moms for Liberty back on&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Here are some comments from the Governor&colon;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;Do we govern ourselves through our constitution and through our elections or do we have these masters of the universe occupying these commanding heights of society&quest;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;They’re using things like social credit scores to be able to marginalize people that they don’t like&comma;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;Do we want our society to be governed by some of the most economically elite and powerful interests in society&quest;” DeSantis asked&period; &OpenCurlyDoubleQuote;And I think our economy is going to be much better off if everything is not politicized&period; It used to be it wasn’t a political issue&period;&&num;8221&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The governor said these criteria are used to target &OpenCurlyDoubleQuote;disfavored” individuals and industries to advance a &OpenCurlyDoubleQuote;woke” ideological agenda&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Banks&comma; credit cards and money transfer services &OpenCurlyDoubleQuote;should not be colluding with one another to marginalize people that they have political disagreements with&period; That is not the way you can run an economy effectively&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>If DeSantis does indeed get this passed&comma; it sets an example for other states and will likely be adopted where Republicans hold power&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;flvoicenews&period;com&sol;paypal-unfreezes-moms-for-liberty-funds-after-desantis-announces-crackdown-on-woke-banking&sol;">PayPal Unfreezes Moms for Liberty Funds After DeSantis Announces Crackdown on &OpenCurlyQuote;Woke’ Banking<&sol;a><&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;www&period;tampabay&period;com&sol;news&sol;florida-politics&sol;2022&sol;07&sol;27&sol;desantis-plans-to-fight-woke-ideology-of-paypal-and-other-financial-services&sol;">DeSantis plans to fight &OpenCurlyQuote;woke ideology’ of Paypal and other financial services<&sol;a><&sol;strong><&sol;p>&NewLine;

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