Michael Holz
Hedgesville
According to the Journal’s June 17 editorial, our State Legislators and State Treasurer are hurting our State by pushing back against huge banking conglomerates that, in compliance with the green agenda, are refusing to do business with Coal and Gas Companies within our State. It claims that State Treasurer Reilly Moore is engaging in “showmanship” when he uses this legislation to blacklist financial institutions that blacklist Coal and Gas Companies that employ West Virginians and contribute to West Virginia’s economy. The banks listed are; BlackRock, Goldman Sachs, JPMorgan, Morgan Stanley, U.S. Bancorp, and Wells Fargo.
I’m not an economist, but I believe this is called the Free Market. Free Market Capitalism dictates that people, organizations, or institutions engage in business dealings to the mutual benefit of BOTH parties. Woke financial institutions attempting to bankrupt energy companies that employ West Virginians is NOT beneficial to our State. They’re more interested in placating left-wing politicians who bribe them with our tax dollars.
I applaud State Treasurer Reilly Moore, Attorney General Patrick Morrissey and our State Legislators for actually working to benefit their constituents. Billion dollar corporations more interested in sucking up to the socialist green agenda than in conducting business in a legitimate manner, need to understand that this boycott thing works both ways. I urge everyone to deal with banking institutions that work for OUR state and its citizens, not the corrupt clowns in Washington.
Source: journal-news.net