Ensuring eSignature Lawfulness for HR in European Union

How to eSign a document: e-signature lawfulness for HR in European Union

all right we are live ladies and gentlemen welcome to the show the European Union recently passed a law that would essentially mandate many of the guidelines and metrics of the ESG scheme that we've talked about so much on this show you might ask well who cares about Europe unfortunately the way this corporate sustainability due diligence directive is written it has the potential to fundamentally transform the Way businesses around the world operate it is imperative that we get this message out to the public and to lawmakers to protect America from this dangerous law join us as we talk about this topic and more on episode 453 of the in the tank podcast [Music] all right welcome to the in the think podcast as always I'm your host Donald Kendall and joining me today I've got full crew I've got Jim leley VP of the Heartland Institute how are you doing today good sir I'm doing just uh great you know we talked just before we came on the air about uh the super brood of cicas two uh different cicas uh Broods coming out at the same time and it's uh you know going to be especially bad in the Midwest and you've complained for weeks now Donnie that uh you can't walk to your mailbox without crunching over grossly a bunch of cicas and that they're all over the place and that they're noisy and that uh I have seen like three cicas in where I live I mean you live not that far away from me but sure somehow um once again another climate Panic or nature Panic doesn't turn out at least for me um I've only hit I think three cicas with my car while driving around but I've seen almost none where I live which I am very grateful for I'm not a bug guy bugs but if we have to eat the bugs I'm gonna starve because I have no cicas to harvest yeah I mentioned that uh you know I don't mind them my son thinks they're super cool and my wife is just horrified to walk outside so that's that's the reality that we're living in here but uh also joining us we have Justin H Haskins senior fellow for the uh socialism Research Center here at the Heartland Institute how are you doing today good sir I'm doing really well doing really well I don't know if you guys saw this in the news uh coffee copper cocoa gold all all-time highs right now so all those uh coffee Investments that I've got in my in my cabinets back there uh I'm doing good I'm doing really well it's it's financially it's it's a I don't I I wish I had gold unfortunately I I didn't I missed the boat on that one but coffee and cocoa I'm stupid with that so I'm doing really well yeah coffee is that what you're always smuggling back from Colombia or was that something else well you to be honest you need the coffee with something else that helps you got it right not is a joke by the way for the we're already demonetized we'll talk about that in a minute Chris Helo the uh you are the uh what are you the editorial director here at the Heartland Institute but more importantly some would say you're the heart of the podcast Chris TGO how are you doing today good sir doing good Donnie and I want to wish you and Justin a early happy Father's Day so shout out to all the dads out there thanks Chris yeah you know I mean I think the dads kind of get to short end of the stick when it comes to these holidays I think you know we put a big dog and pony show on for the moms and then the dads just get you know what's left over so I'm gonna go out of my way to make this the greatest father's day ever for my dad yeah exactly it's a Mother's Day is like going out to dinners and getting chocolates and showering moms with all this praise and everything and on Father's Day I get the the privilege of being able to cook food for everybody on my grill that's that doesn't seem to be doesn't seem to balance out but I'm not 100% sure that my wife knows it's going to be Father's Day so we're gonna find out on Sunday so not entirely sure I've got a feeling she has no clue what's going on so uh Audio Only listeners that are probably catch on the show on a Friday or later leave a review for us on iTunes that would be greatly appreciated um you could also join us a day earlier where we are live streaming this on Facebook and YouTube and Rumble and X you could join in the conversation through comments and questions in the chat maybe we'll show your comments on the screen maybe we'll address your questions on the Fly you can support the show by uh hitting that like button sharing this content subscribing if you haven't already or just leaving a comment under the video all those things help break through those big Tech algorithms that prevent content like this from being show to more people I would say you could support the show by hitting that Super Chat uh um button but guess what we've been demonetized folks yes the Heartland Institute YouTube channel and the stopping socialism tv YouTube channel have both um at the same time both been demonetized yes J uh well this is the first time hearing of this you didn't hear about the Heartland one no oh yeah yeah so the Heartland Channel discovered to be demonetized late last week I think Friday of last week and Jim do you recall what they said because they're always very vague about the reasons why they demonetize us or give us strikes or anything anything like that what was the how' they phrase it this time do you recall yeah I'm looking yeah I'm looking for it right here let's see uh yeah they said that we we've been demonetized because of quote content that focuses on controversial issues and that is harmful uh to viewers yeah now what they claim are controversial issues they have a definition for that um by the way and and YouTube Google alphabet whatever the corporate Master is did not specify or flag anything to let us know exactly how we had produced content that's controversial and harmful to viewers this is what they claim is a controversial issue controversial issues are topics that may be unsettling for viewers which are often the result of human tragedy this policy applies even if the content is purely commentary or contains no graphic imagery controverses include child abuse adult sexual abuse sexual harassment self harm suicide Eating Disorders domestic abuse abortion and euthanasia now we do cover a cornicopia of topics on this podcast uh we focus a lot on uh you know climate realism and debunking the green energy myth and how uh and then as like we're doing today we go after the uh you know the global uh economic Masters um and in Europe and at the world economic forum and here in the United States sure you might consider those topics controversial but they are in no way they don't qualify for any of those uh right I just said I don't even want to say it again because you know the algorithm can hear you and so even saying those things people don't even say people say um self delete somebody you know yeah if they decided to go up to heaven and no longer be part of uh the Earthly realm uh I've heard a lot of people on YouTube say that person has self- deleted so that's how un alived live so so yeah we don't we don't cover any of those issues we don't talk about those issues way forting about the eating disorder special that we did that one time on eating yeah it was all about OIC we don't go anywhere near any of these TP like even remotely close to any of yeah so this was a bit of a mystery when it came down right uh you know we were like okay well we got these lanaa videos that we're doing these uh little two three minute videos on all different host of climate change topics that pretty you know some of them are very popular uh so maybe it was that it was them trying to like shut down our Channel because we're having some effect with these new lanaa videos but then when I saw yesterday when I was setting up the stream that our stopping socialism TV channel was also affected that that puts it squarely on our show it has to be in the tank because it's you know our show is on both of those channels right so it's got to be it the latest video that we did was about Trump potentially facing 20 years in jail um so it must have been something in that in that that's my best everybody everybody's doing that well we also spent a lot of time bragging on whether or not Joe bid pooped his fants so that yeah but even more people did that one like what like what was in that I mean seriously those are like the the Trump thing is the most popular topic probably on on you know YouTube that week like there's no way that that would be it it's got to be something else they didn't they didn't flag they didn't email us they didn't because I thought there was a three strike system isn't that how it no that's for like deleting your channel I think that's for like totally getting rid of your channel this is just demonetized but uh but thankfully our development people have put together a nice little uh URL for anyone that's watching the show that wants to support our show financially heartland.org inthe tank that'll direct you to a page where you specifically can donate to the Heartland Institute uh to support this show so that uh that's a big thing we'll definitely be keeping tabs on that to see um because you know while this show is you know in essence free to do it still takes up our time and our time you know is is uh scarce right so there is a there is an investment that we put into the show and uh to make it like worth doing financially support from from everybody watching is greatly appreciated um but if there's anything else on that note that you want to mention Jim you can have at it before we get into some of our topics uh no I mean it's it's really annoying and one of the things it's not like we're we know we're making money hand over fist on this show and that's not really the purpose of it obviously I mean we're not professional YouTubers a lot of us watch them and they make a living uh producing their own content and shows and they get super chats when they do their live streams um we were going to actually start a membership program where you could become a member of the channel and get exclusive contact and access and all of that stuff and now that's out the window unless we get this thing remonetized um you know it's it's but having a monetized channel makes your channel more legit you know the algorithm shine um smiles more upon uh monetized channels than they do those that are not monetized and I would think especially those that were once monetized and have now been cancelled by the sensors in big Tech so we have appealed it we are going to uh see if we can um you know get it back get it back on I mean it's nice when uh some of our regular viewers uh both here and in Europe and especially in the UK we've even had some Australians donate to us it's really nice you know you kick us 10 bucks 20 bucks it makes us feel good um it helps it does help the channel but um it's it's discouraging I thought we were kind of um beyond that I keep thinking in my in my head Cannon I keep thinking that Elon Musk owns YouTube when he only owns Twitter uh so you know that's just the way it goes these days I just want to real quick add that um so the we haven't I don't think we talked about this on on this uh on this show but we've also been struggling on Facebook forever just to get people to go to fa like like the the Facebook algorithm was altered at some point we have hundreds of thousands of of followers on Facebook hundreds of thousands like across all of the Heartland different channels stopping socialism Facebook fan page the stopping socialism TV fa Facebook fan page the Heartland fan page my personal fan page we have like half a million plus followers on Facebook and we get like like literally zero traffic on our Facebook page now after we used to get millions of people a month now we are down to like maybe hundreds or thousands like that's how bad it's gotten but then probably uh this like maybe two or three months ago they Facebook stopped allowing us to post on our some of our Facebook pages they completely stopped it without without as far as I could tell we violated some policy uh I don't know what it is um I can't figure it out I've gone through this absurd customer service thing uh ma like Labyrinth of different foreigners talking to me about this problem in the most obscure complicated way they don't even really understand it no one can give me an explanation I've been waiting for an appeal on this so that we can just post things to the channel uh and nothing has I mean uh to those to those yeah social media feeds and I haven't even been we we barely use it I mean at this point we're just reposting articles that have been published by people at Heartland and that's pretty much it and major media Outlets so it's not like we're posting all this controversial stuff on there there's nothing controversial about it and we can't get an explanation for why that happened right and so this is just and as we'll see when we get into the main topic here for today's show like this is just the tip of the iceberg I mean this is gonna get a lot worse soon to and and to underscore that point uh on the show um for a while now I I've talked about how there we have like a a whole bunch of different Publications that we get op-eds published in articles published in stuff like that websites whatever um and we've had a friendly a friendly one of these Publications respond to us after pitching them a oped on climate change related topics saying hey this is a great article but unfortunately we can't publish this because if it gets shared on Facebook that could throttle our whole account and all of that so we're basically going to just stay away from climate change topics this is a friendly right-leaning publication that said this and then so I've been saying that for a while Chris you can correct me if I'm wrong but I recall you more recently in the past couple of months saying that we've gotten another uh uh email response back to one of these oped pitches from a different conservative leaning publication saying essentially the same thing right oh yeah yeah I mean this is this is an ongoing problem and I think that like you said they're worried that if they publish a story like that that they could uh you know come under the uh the you know grip of the sensors and they do not want to do that so yeah this is flat out censorship and it's yeah right so all of these things together just kind of shows that you can't rely on kind of these like passive ways of of getting this content whether it's like YouTube recommending our videos or something like that in your recommended feed when you go to YouTube or going on Facebook and assuming that some of our posts will pop up in your news feed um or even just going to conservative Publications and expecting to see some articles uh that are about topics that you think are interesting you can't passively do this anymore you have to like seek out this sort of stuff in this en but it's even worse because even if you go and Google this stuff the Google results are going to be on page seven eight n and you're not going to scroll to page 789 to get those results I do a lot of research so I you know Google lots of facts and lots of you know economics stuff and climate stuff it's just every single time you know the first 10 20 30 results are all you know what they want you to see but then if you dig deep enough you can somehow find that you know diamond in the rough with you know the the truth behind it so yeah it's just it's it's it's across the board it's so it's time uh basically my message here is time to be proactive about the content that you want to consume uh you have to like specifically uh look for our stuff um you have to go to heartland.org and check out what's featured at the top um become a subscriber to like the Heartland weekly email that's sent around that has a listing of all of our best articles and videos and all the different uh you know events that are coming up or anything like that um so that you can ensure the content that you're interested in actually comes across your desk at some point uh that's that's the world that we live in now so things are changing seemingly by the day but uh you know we're going to keep on keep on fighting here but gentlemen should we get to our topics at hand or you have anything else you want to say on this issue Noe hearing nothing I will uh jump into it so so the topic that we want talk about is this radical new European Union law that we say in the thumbnail will fundamentally change transform America so um people that have constant listeners of the show you should be familiar with ESG I mean we've been talking about that for probably years now uh I think most people listening understand what ESG is uh this is the scheme that's advocated by the elitist left places like the world economic Forum it's essentially a corporate social scorecard that forces companies to adhere to metrics that champion a whole host of different social justice causes from diversity equity and inclusion to climate change and the destruction of reliable energy sources a failure to adhere to these ESG metrics results in businesses losing access to Capital Loans other banking services it could result in businesses being politically disfavored when it comes to government contracts stimulus projects bailouts a whole number of different things so I've always said that at best ESG is the biggest cronous system ever devised by man and at worst ESG is a fascist system that the government and ruling class can use to control the economy and Society by extension but what uh and we've been fighting against ESG for you know as many years as we've been talking about it and there's been some success but one of the things that's been flying under the radar that's in this realm of ESG for quite a while now is this uh Europe European Union version of it called the corporate sustainability due diligence directive around the office we just call it the European Union's ESG but it's called the corporate sustainability due diligence directive csdd but we'll probably just refer to it as Europe's ESG and Justin uh I'm gonna start off with you because you've been the one that's been shouting from the rooftops about this issue for I don't know a year now maybe more to anybody that'll listen and uh it took that long long as long as you've been shouting about it for this legislation to work its way through the European Union legislative process and at one point when we most recently talked about this uh it was like dead but as we feared in that same episode where we talked about it it crawled out of the grave and crawled across the Finish Line in just the waning hours of the legislative sessions there over in uh Europe so take it where you want tell us about this uh um the uh Europe's ESG scheme go ahead yeah so we've actually been talking about this Donnie for uh at least three years I went back and looked yeah because we and the reason I know that is because on the on the book that we worked with on uh with Glenn Beck the great reset which is a number one bestselling book non-fiction book when it came out um back in 2022 start of 2022 this this is in that book we talk about this in that book which means we were working with Glenn on that for and we we started that book in 2020 and so we were working on that at least in 2021 so this had to be something that we were aware of for two to at least three years I would say it's pretty safe bet and um we also had it in the dark future book which we released um what in 2023 mid 2023 so we've been talking about this for a while um essentially this is this to me is we talk about the great reset the great reset movement uh World economic Forum Davos big corporations all getting together controlling Society uh through the private sector and financial institutions public private Partnerships between government and the private sector um this is the height of that this is the Pinnacle of it this is the this is sort of the dream scenario for people that want to Elites that want to control Society but know that they can't get everything through government and so we have to have these public private Partnerships so the this law is the culmination of them working on this for three years this plan so this is the way that it would work um this csdd Law requires that the European Union Nations create laws that will force companies large companies in the European Union based in the European Union um to adopt these left-wing social justice ESG anti you know sort of climate change anti-fossil fuels all of that stuff that you think of as being ESG leftwing ideology Force these companies to adopt these policies in their business practices both within their company's business practices and within um their subsidiaries and their contracts and all sorts of things not just what they do but also the products and services and things that they offer to their customers all right but in addition to that it also requires any company any large company uh so these are this is mostly about large companies this part of the law that I'm talking about now any large company that does above a certain threshold of business in the European Union also has to do this regardless of whether they're European union company so an American company for example or a Mexican company or Canadian company or Chinese company if they're doing this uh Above This threshold which is about $500 million in um about $500 million in Revenue it's a little more complicated than that but it's basically that uh if you're doing $500 million a year in Revenue in the European Union net turnover is what they call it um then you're going to be forced to comply with this law as well all right so Ford for example uh does that much business more than that in the European Union McDonald's Apple meta uh Microsoft all of these companies Amazon they're all doing at least that much business many of them are doing much much more business than that in the European Union so they also are going to be required to adopt these left-wing government imposed social justice ESG anti-fossil fuel policies into their business practices the really really Insidious part of all of it this that's bad enough because you can change the world really and at least the Western World just with that part of it alone because if you're changing what apple and Amazon and Microsoft and McDonald's and all of these other big massive corporations are doing uh that's going to have huge impacts on societies all over the world including America because it's not just about how they're behaving in Europe it's about how they behave everywhere in the world so it's not enough for McDonald just to change the way they do business in Europe they also have to change how they do business in America all right so it's going to change everything or or it's gonna change a lot just that one part of it but what's really Insidious about this is they go a step further because that's not enough for them they go a step further one of the requirements for these companies that's that are brought under this rule in the European Union is that those companies must to be in compliance impose many of these same ESG standards on every company or many of the companies I should say not every company but many of the companies that they are doing business with as part of their chain of activities there's it's mostly supply chain distribution storage that kind of thing regardless of where those companies are located regardless of how much business those companies are doing in Europe so for example Ford sells cars in Europe they sell a lot of cars in Europe so they're under this rule this ESG rule in the European Union Ford buys let's say for example Ford buys rubber from a rubber manufacturer that's in Ohio that does no business in the European Union that doesn't matter Ford has to force that rubber manufacturer to do everything that the European Union laws are saying that they're going to have to do even if they don't do any business because they do business with Ford and if Ford doesn't force that rubber manufacturer to do that then Ford is going to face these massive fines in the European Union they may not be allowed to do business in the European Union they can be sued by activist groups in the European Union for failing to do this this is all part of the law and it's not just one part of the supply it's all it's massive parts of the supply chain not all of it but massive parts of the supply chain so think about how this all plays out when you so at first you might be think okay well it's just what is it just like manufacturers no it's everything okay it's everything everything that goes into the design and the production of these services and products that are that are being used and sold uh by these companies that operate in the European Union so you're a potato farmer and you sell potatoes to McDonald's for making french fries in America right you're as you the potato farmer you do no business in Europe doesn't matter McDonald's has to impose these ESG rules on you or else they're not going to do business with you anymore uh you're the transportation truck company that drives around different products and services being sold by these companies you also have to be brought into compliance you're the mechanic that works on the trucks you're also going to have to be brought into compliance uh you're the um uh you're an energy company that sells energy to these companies you're a a gas mean just people who sell gasoline even them would be part of the supply chain for all of this uh you're a marketing firm you're a software company that you're part of what you do is you help you know McDonald's or you help Amazon or you help one of these companies you do one tiny little part of of some aspect of their business for them you also have to be brought under this law and the list goes on on and on and on and on and on by the time you play it all out and you just think about how far reaching this thing is you realize the many B I mean literally it's unknown nobody knows exactly how many businesses will be required to do this but we're talking about thousands of businesses affected by these policies which are by the way that's the stated goal this is exactly what they want to do they want to transform the economies all over the world to to adopt these EU uh values and and and they want to do it through these corporations so that you have no constitutional right to St stand up and say well uh Apple is saying that um this is this is a real example this would be a real example um one of the things that's in the EU law very applicable to the Heartland Institute is that you have to have policies the the these nations in the European Union have to have laws that say that companies need to stop climate change related misinformation and disinformation on their platforms that's part of what is required under this law all right well you're Apple okay Apple hosts podcasts including this podcast right under that European law Apple can't uh allow for a podcast show like our show which says things about climate change that that is not in agreement with the standard EU view of things can't allow us to have a show on Apple's platform it can't even do business with a company Apple can't even do business with a company that's doing business with us if it's part of their supply chain in order to bring that podcast platform into into being or some other thing that they do doesn't even have to be that so you can see how this is going to transform everything all the big tech companies all the censorship that will come from this the the the CH the transformation of Agriculture farming manufacturing fossil fuel industry must be killed by this or these companies have to completely stop doing business in Europe I mean we're talking about the entire transformation of the United States economy culture Free Speech being eliminated this is the most Insidious ingenious diabolical public policy plan I've ever seen put forward uh I think it's the most important story in the country today which is really saying something because I know with Trump and everything that's going on there's lots of important stories but it touches on so many other things um and almost no one knows about it which is incredible yeah there's there's a whole bunch of questions that are coming in uh that I want to come back to you uh Justin to answer some of these but just to get Jim and Chris uh back into the podcast here um Chris one of the things that I find remarkable about this is that in our whole fight against ESG over the last several years about this you've get people in the United States even on our side of the aisle that that'll just kind of dismiss it like oh yeah it's not great but you know volunteer interaction between whatever and they kind of dismiss all the coercion and all that stuff or whatever uh but in this case uh Europe's just mandating it so it's it's not even about there's not even the illusion of like voluntary interaction here this is just like authoritarian uh uh foot right on the on the necks of just like businesses spe specifically in Europe but as Justin described basically across the world what what's your reaction to all this gez I mean it's it's it's overwhelming first of all you know Justin just provided a ton of information and I'm still even confused on so many aspects of this um my my my first like thought is is this practical can they actually implement this so Justin I mean just in terms of the sheer practicality aspect of this do you think that they will ever be able to actually enforce this around the world or is this some pipe dream that European Union uh you know leaders you know think that they can uh you know impose upon other countries when in reality they're not gonna be able to do that at all that that that's my number one question first so the the the the way that the enforcement of the law would work is every European Union country has to have essentially its own version of this which has to be at least as strict as the law that was just passed by the whole European Union each of those countries is responsible for punishing the companies that would be related to it because they do business in their particular country so France will have a department which will be responsible for punishing companies that like McDonald's that do business in France if they're not in liance with this up and down their supply chain right so there is going to be I and there's an incentive though for these countries to do this to actually hunt people down that they don't like and figure out which countries are not or which companies are not doing the things they want them to do and punish them and that is that the law allows for a 5% fine 5% of net worldwide turnover okay which again is similar Revenue so for a really big company that's doing say billions of dollars in Revenue every year 5% adds up really quick right so you're talking about tens of millions maybe even hundreds of millions of dollars in fines over a long enough period of time you could be talking about even more than that right so there's a revenue generating aspect to this from a government's perspective they have an incentive to do this the other thing that they put into the law which I think will will lead to enforce in a variety of different ways is they allowed for a what's called a private cause of action or they mandated a private cause of action um what a private cause of action is is a citizen or a uh or an activist group or a nonprofit or even a group like the Heartland Institute can can bring a lawsuit against companies for failing to comply with the rule if there's some sort of damage that can be claimed to someone or something so for example uh if you're uh if some German Court agrees that uh McDonald's is not sufficiently transitioning to a green economy and they're therefore damaging the environment they can bring a an activist group in Germany can bring a lawsuit Court can say yep we agree with you and now you can find McDonald's for not sufficiently doing this and it's not just about whether McDonald's is doing it is McDonald's working with suppliers who are not sufficiently doing it is the potato farmer sufficiently doing the things that they need to do then that if not then they could theoretically bring a lawsuit and do that so the question will there will this be enforced at all I think it's absolutely because at the very least you're going to have activist groups going absolutely insane in Europe suing everybody all the time over this so for sure on that level you're going to have that um especially on climate change and things like that but um there's a financial incentive for the governments to do it as well will they do it to everyone everywhere catch every little thing no of course not that's not the point the point of the law is not to do that it's to punish the people they don't like so they will selectively enforce it in order to accomplish whatever sort of political or ideological goals they have that week I think can I just follow up with a with a uh you know like a fell question to that so like uh I'm not I'm not completely clear on on the corporate structure of like a McDonald's or a Ford whether or not they have like their headquarters here in the United States you know or North American headquarters and those are separate entities from their like European operations but how could a European country whether it's France Germany whatever uh impose a fine upon an American based company and how could they do that um when they don't have the sovereignty to inject uh know fines and such and punishments in the United States of America like how just how how would that actually be done so would it or would it only apply to their European um you know operations and such so the fine would be based on so okay so the fine would be imposed on any company that's a covered company under the law a covered company under the law are the large corporations whether they're based in the European Union or they're based in Mexico or based in America it doesn't matter uh as long as they do enough business in the European Union they would be a covered company and they so if they're not following the law or one of their suppliers is not adhering to these ESG things regardless of where they're located the large company that's doing business in Europe above that threshold is the one that gets fined right so so Ford regardless of whether they have a European uh headquarters or not that's irrelevant to the law they would because they sell cars in Europe they would get fined okay based on their total net worldwide Revenue they would get fined because of something that they're doing maybe in Ohio that's the whole point of the law is to is to impose penalties on companies regardless of whether they're European companies and regardless of just what they're doing in Europe and so do they have the authority to do this yes they do have the authority to do this because they're operating because the larger companies are operating in Europe so it it would be like you had a European company dumping chemicals into a river in America somewhere sure it doesn't matter if they don't have a headquarters in America we can still find them for dumping chemicals into a river that's the same logic that's what's kind of crazy about this too is like um you know you would look at something like this and just think like how infeasible it is uh you did a great job of explaining you know how to like enforce all of this but like what makes it easier for the government regimes to enforce this is the fact that we've spent several years now uh laying down the the uh the foundations for all of this with our United States Centric ESG schemes where essentially every business is preparing some ESG report every year and some sustainability report every year where they're uh you know Tak keeping track of all of these different metrics that are going to be used now uh against them theoretically by some other foreign power using the mandates of government so it's like you know all these people like I referenced earlier you know on on like the right side of the aisle generally here in the United States that kind of dismiss this ESG thing as oh voluntary interactions or whatever like they just completely uh just slept they just ignored this whole creation of this foundation on which this monstrosity is built that that to me is one of the crazy aspects of this Jim you haven't uh you haven't been chiming in the last time we talked about this um it was actually us kind of celebrating this very plan going down in flames with just like a week left in the European Union legislative you know process or whatever and there was a question there was still a question about whether or not there was going to be a post-credit scene where the the hand comes lurching out of the out of the dirt or whatever and it's still alive I think you being the more cynical of probably all of us here you put your money on that hand reaching out of the Grave so uh not too surprised I I suspect here but I mean the scale of this has got to be a shocker to you though my my perfect record of being cynical about the results of policy and becoming correct remains intact uh sadly uh you know people in the uh this this this uh this podcast should be archived you should go back to it uh for for lessons on what's going on here uh congratulations to Justin and you Donnie for researching this and bringing it to the four uh you know what strikes me while listening to Justin outline all this which I knew in Broad strokes but he painted a much more detailed picture for us is that in the comments some of our uh viewers here on YouTube were saying that you know what Trump is going to stop this he'll stop funding to The Who and perhaps even the United Nations um and I well you know he did pull us out of the Paris climate agreement um in fact the then president the founding president of the Heartland Institute Joe Bast was invited to be in the Rose Garden When Donald Trump announced that wonderful policy um which of course was reversed the minute uh Joe Biden um got to the White House but you know it struck me looking at those comments what's remarkable here is that there isn't an outcry in Congress or among any American politicians about any of this I think there one wholly ignorant of it um and I think that excuse is not going to hold up very much longer uh especially because we are talking about it and other people will be talking about it as well but it's obvious that the Biden Administration wants this they want America governed by unaccountable and unfireable and never voted upon European bureaucrats um so this is a complete polar opposite of philosophy here um you don't have to be um a Maga hat wearing America firster with a trump flag uh right next to your American flag in your front yard but if you are you're a great American um to understand that this would be extremely harmful to American businesses obviously and to all Americans to basically have the private sector and this is what the left has been doing now for very um very intensely especially over the last decade is leveraging their power uh with their ideological uh fellow Travelers in the private sector to impose hard leftism communism Marxism what have you but certainly not free market capitalism the opposite of that instead upon Society not not passing laws here in the United States um in in many cases not even really trying to pass or try to sneak a regulation through the Deep State and the uh the bureaucracy the the real Power Center in Washington DC you know pass the courts and Court they they'll find friendly courts to approve these sorts of things but basically just you know offsourcing um economic tyranny in the United States to Europe now um you know we we call it European ESG which is a lot easier to remember and say than I can't even remember now the uh there's like five letters sustainability due diligence directive I have it tattooed on my arm yeah that's that's fantastic thank you but um actually it reminded me I saw and I'll try to find it after when I'm done with this I'm almost done with my little Soliloquy here but I remember seeing a chart um yesterday I think it was on how during quarterly earnings calls for uh corporations here in the United States the number of times over the last two years they have mentioned e their efforts on ESG and Dei and the chart it was a bar chart it went way up like this about a year ago it was as high as it's ever been and now it's dropping and dropping dropping and now mentions of a corporation's ESG score and our our Dei initiatives have dwindled down to even less than when this topic just started bubbling up uh in 20121 you're welcome America yes that's right you are welcome America we've helped that that happen but you know so it's so maybe what we will have then is uh you know it's a tough Biden economy American corporations are having very difficult and uh contentious earning calls uh in in their for their shareholders every quarter and they have stopped talking about ESG almost entirely and now just want to talk about trying to trying to turn a profit as a corporation so it could be ironically here that it will be Corporate America that has had enough of this and we'll look at this and realize we need to push back at the bid Administration which we own and operate um as big business in in America and tell them to put a stop to it uh but you know if the election turns out that Donald Trump is our next president I think he will do what frankly any American president should be doing which is leveraging Amer America's power and influence to put a stop to this stuff like you know hey the who I guess maybe we won't give you any more money um uh hey maybe maybe um the United Nations you know headquartered here in the United States um you should be able to use that power to stop this absolutely anti-business anti-American policies being implemented by people nobody ever voted for nobody even knows who they are uh on our society um maybe we'll get a president that we'll do that one day yeah I've been uh trying to track some of the questions that were that were um that I referenced earlier in the chat that were coming up uh one of them was specifically how they would enforce this which Chris already asked to Justin and while answering that you kind of answered a couple of the other questions but there was one by I think Christine here that said uh how is it that like Europe is like dictating like Global laws basically um and Justin feel free to hop in on this but my initial reaction to that question is basically like well I mean theoretically if you know we we're talking about Apple was one of the examples if they didn't want to like conform to this laws they could theoretically pull all of their business out of Europe and strictly do business in any other place other than Europe to avoid you know being caught up in these laws but I just don't suspect any like Global corporations would ever do that uh when they're doing their cost benefit analysis of this stuff they're probably looking at the bottom line and being like you know what we already like uh virtue signal about half this stuff anyway so we might as well just conform to these laws uh you know instead of trying to like fight it in anyway Justin you're your uh response to that question that's sort that's that's uh that's kind of true um so I agree I agree with the second part I don't think that these major corporations which already have as you pointed out massive ESG systems in place in their own companies um so me much of this they already agree with and they're already doing it and that's why we've been talking about the great reset and ESG and stuff like that for a long time um but the other part of it that you have to remember is that it would what you're describing almost only works if all the large corporations get together and leave at the same time because like you use apple for an for example so let's say apple says we're done doing business in the EU because we don't want to have anything to do with this this is too much of a headache and too much of a problem we'll never be able to to get all of our supply chain in order so they leave okay that's fine but apple is a supplier of a lot of other businesses they given computers they're supplying all sorts of things right Services think about their cloud services and everything so if they're doing business with another major business that's doing business in the European Union then they're going to be brought into at least some of it sure that way as a supplier right so for in a lot of ways uh most com large companies are going to be brought in either because they do business in Europe or because they do business with someone who is working who is doing that business in Europe and and so from their perspective why would they get out of the market when they're going to be pulled in in other ways anyway it it almost doesn't it wouldn't make any sense for them to do that so unless all the American companies that do business in Europe and all of the uh well yeah it would have to be all the American companies that do business in Europe all get together and say we're not doing business in Europe anymore we're gone and all the American companies that do business with a business that's in Europe would also have to say we're not doing business with those companies anymore and what so what you're asking is it's just not possible and and that was why they wrote it and and so the question of well how can they like how can they do something this audacious well how did they Market this in the European Union what did they focus on the law is massive it's a 100 plus pages long but it references a bunch of other laws and international agreements in the law and the law is really just a framework for individual EU Nations to create a new law so we're talking about laws on laws on laws right like tons of laws here we're dealing with but the thing that they talk about all the time when they are pitching this idea is basically two or three things one is uh climate alarmism which in Europe the vast majority of people are climate alarmists compared relatively speaking to the United States so that was a very appealing argument we got to stop these companies from polluting the Earth and destroying the planet and we're all going to die from climate change if we don't do this the other two things were child labor so uh like you know you've got these African countries and certain parts of Asia and stuff where there's children really young children working in horrible conditions like we've talked about this a bunch of times in the Congo how you have kids in the Congo in in mines for Rare Earth minerals and stuff like that that are used to produce renew parts for renewable energy um and so they wanted to stop that which pretty much everybody would agree with yeah we don't we don't want little kids working in horrible conditions overseas and then the other thing was um like slave labor so you know that that's another thing that they're they're advertising this right so we want to eliminate slave labor from all these different Supply chains so it's not enough for you European company to say we don't have slaves it's like yeah but you're doing business with suppliers and these other countries that do have slaves and you're just turning a blind eye to it and so they focused on those kinds of things the things that we all sort of not the climate part obviously we don't all agree with that but we do agree about the child labor thing and we agree about the slavery thing and they focused on those things as the main thing and that was that was really how they sold a lot of this and of course there's a million other things included in it but when you slap when you when you when you frame it as an anti-slavery anti-child labor law it's not hard to sell that to a lot of people and and I think that was how they got away with it and that's probably what critics will say they'll say they'll probably say that anyone who's opposed to this the critics of us anyone who's opposed to this is pro slavery pro- child labor that's probably what they'll say they already have us on the climate denialism thing so it's they'll just tack the other two things onto it and say you guys don't care about all these human rights abuses and and that's they'll act like that's what the law is when in reality it's a million other things on top so so there uh is been a couple of questions in regards to China and I know that uh you know we've been just like getting into like the meat of all of this and we've got uh you know competing theories about how all of this is exactly going to work out and you were telling me just yesterday about this new contracts thing for the sake of time um maybe we should uh not get into like some of the super weeds and some of this maybe for a future episode especially when we untangle some of this mess but but in regards to China because obviously China is upstream and downstream of virtually every corporation Supply chain when you look at it at some high enough level so the question is how are they not going to be pulled into all of this like aren't they just going to be like have a massive amounts of fines and being coerced and forced into all of these different metrics too uh how is it possible that they are going to like slip through the cracks of this so there's no exception in the law for China so uh all these horrible things that are going on in China um would presumably uh need to end in order for this thing to be enforced equally across the board um I just don't think it will be enforced on China and and I think the reason for that is because we've seen a long track record of countries not of not holding China accountable and so we think that that's the way this is going to work um and and and the way the law is structured remember what I said the EU passed this law the EU Law requires that um the EU Law requires that each individual EU nation create its own law and then that law has to be enforced by that EU Nation so if the EU Nations just say well we we can't enforce it on China because like we really need China for cheap crap you know or for Rare Earth minerals to run our Renewable Energy System that's they supposedly want to impose across the European Union um if they can't you know if they if they just don't enforce it then that's one way they might get around that the problem with that of course is you have these farle activist groups that will bring lawsuits and complaints saying we don't care about about cheap stuff we don't care about it we demand that China get in line This is the law and and they're gonna be suing and I don't know how that's all going to play out um I've been talking with uh hartland's research uh editor Jack mcfarren has been working with me on this for a while now on the in the weeds getting into the weeds of the law and everything and he and I have had u a long conversations about what this law will mean for the European Union and and Jack is sort of taking the position that you know this is horrible and in the short term this is this is you know it is going to be the end of freedom in America in a lot of ways we're just giving up our sovereignty to the European Union but you know what I think I think that at the end of the day this this is going to just crush the European Union and they're just going to C coll into dust because eventually the far leftwing activist types will force the European Union to start imposing this on China China's gonna say screw you we're just cutting you off we'll do business elsewhere and Europe will just its economy won't be able to survive that and I think there's a pretty good argument to be made that that is that's a legitimate way of looking at this because this is so bad and so stupid of a policy it reminds reminds me a little bit like on steroids this is an old school Heartland topic Donnie you're going to remember this oh god um back in the day when we used to talk about normal boring stuff we would talk about millionaires taxes and there were there these wealth millionaires taxes that some states would put into place and they would essentially say if you have a certain they had different versions of it but it was usually based on your assets if you had a certain amount of assets they would impose like a wealth tax on you and what what happened when you would do that right well from the left's perspective this was great we bring in all this revenue from these horrible rich people that are hoarding wealth but the obvious thing everyone knows what happen is the rich people just leave right they're like well we're not going to pay this and there were examples of this happening where States would impose these taxes and then just all the rich people left they'd say well we're not going to stick around for this and it was so obvious and you would look at this and say what were these people thinking of course the rich people are going to leave they're not going to stay and pay this absurd tax they're going to leave it's so easy to do well in a lot of ways this kind of looks like that where it's like H how is anyone going to be able to do this and they're just banking they're banking I think on having another four years of Joe Biden and uh another four years of or another many years of of radical leftists in Canada and radical leftists in other parts of the world that all just sort of agree with this anyway and aren't going to fight it and are going to twist the arms of these corporations and then in the back room when the corporations are complaining and moaning and whining about this the these big you know these politicians and bankers and stuff are going to say look look we'll take care of you just do what they say and we'll make sure that you get the money we'll have the subsidies we'll have more government programs we'll have more money printing at the Central Bank you're going to be fine you're going to stay rich don't worry about it and that's how and the Reon I think that's how this might work is because that's how it's been working for a while now and I think that's how this all plays out Chris you almost have to like applaud the hubris of these uh these like bureaucrats in uh in Europe for like passing this because like we were talking about it was like down to the wire the whole idea you know even Justin was saying this that's like they basically have to get it passed now because these elections that are coming up looks like we're going to have like a right word kind of lurt in the the kind of the political makeup of Europe so they have to get this passed now or they're not going to be able to get it passed for five 10 years from now and they did right so it's like the hubris of them to try to pass something like this knowing that the voters in Europe are going to basically um you know slap all of these people on the on the wrist when it comes to the The Ballot Box for like these exact same policies that they've been pushing for a while now uh I I think it's pretty much accepted fact that the kind of the rightward shift in the political makeup in Europe was largely in response to the Draconian climate policy rules whether it's like the restrictions on fertilizer pesticides and agriculture that led to like all the different uh you know outrage in some of those countries that we've talked about or you know some of the other stuff that led to like the yellow vest riots and all of that and it's just like so even when they're staring you know down the barrel of the gun when it comes to like the respon their policies they're still going to push this what what's what's your reaction to that and just the general election shakeup in Europe yeah well um I think the pendulum is swinging the other way and I think we saw this in uh 2015 with brexit and you know the the fact that you're um England knew better England knew that the European Union was not in its best interest so it you know stayed out of the uh the Euro uh for the time being but then once the European Union just got you know too all-encompassing and trying to micromanage every single thing across the continent uh England said you know enough is enough we want to go our own Direction I I I still hold out hope that other countries within the European Union namely Germany France and a couple others will do the same thing and the European Union will collapse because I think the European Union uh is just completely you know Bonkers it's just gone so far outside what it was meant to be it was meant to just you know be a common economic zone it was meant so that uh the European Union could uh you know people could you know move freely between the countries and they have taken that and just gone in such a crazy Direction the um the the the crazy climate policies uh the mass immigration uh just all the regulations all the micromanaging the just I think the Europe I think the people of Europe are fed up with it I think the uh the elections for the uh that just occurred last week show that the people are fed up with it I hope that the next iteration of the EU does something about this and uh I I I just hope that this blows up in their face and I hope that this is also a uh you know just maybe possibly the beginning of the end of this like just this stupid globalist uh you know agenda that you know just does not make sense is Not Practical and uh I I really hope that um you know Donald Trump wins in November and just says we want nothing to do with this and good luck trying to implement it and you know I still think that the United States has a lot more influence around the world than Europe does and you know when you look at the size of the US economy you know our military prowess I mean Europe should be listening to us not vice versa like come on this is not 1850 anymore this we are the the the global superpower they need to be following our league so I just think we just need to put things back in its proper order and I do think a lot of this is the fact that uh you know President Biden and his uh you know America last policies and trying to appease you know Europe and just trying to like appease everybody is part of why this is happening we need strong leadership in Washington DC we need a strong president to say listen you're this is not going to fly on my you know my watch and uh good luck you know doing it and I I I would hope that he plays hard ball and if that means tariffs if that means whatever do what has to be done to nip this in the bud do not let this take hold do not yeah yeah we are um so this this podcast I just kind of want to dedicate to just raising the awareness of this issue because even when I was trying to find links to put in the show notes about this if you look this up like csdd Europe whatever you just like Google these certain terms it's like Justin's Fox News article and then there's like a Western West Journal article that comes up that's specifically talking about Justin's appearance on like the Glen Beck show and that's it those are the this is the only like links that are out there right now so we have a lot of work to do just to R raise the public Consciousness when it comes to this issue when it comes to the solutions that's going to be a different that's a different episode in fact we're we're over here trying to figure out solutions to this like basically as we speak Justin and I were just talking before the show about some potential things we've had some talks in the past about some potential things so we need to figure out what is the best kind of course of action to pushing back against this um I was going to toss it to Chris or uh Jim but Chris looks like he wants to jump in say yeah just just just one more thing because I I've seen this pattern before and I've seen this happen you know over the past few years you guys are doing an amazing job of of finding something that not many people are talking about and I think that that's they want it to be that way on purpose whether it's ESG modern monetary Theory the great reset and it's just so amazing that that you guys put it out there and then once the conversation gets started what do they do they then deny it they deny it deny it call it a conspiracy and all this you know crazy stuff but then years later it's like well actually we're doing it and here like here it is in front of you so how many times are the people gonna fall for that I hope not anymore because like Justin said this is a humongous threat to Liberty not only just you know our economic Prosperity but just our our our our our ability to live in you know live free lives and uh we need to get it out in the public you know uh realm and we need to make sure that you know the vast majority of hardworking Americans who I'll bet you anything say we this is insane stop this you know in its tracks got to make sure that that message is getting uh you know clearly uh you know to Washington DC and to State you know capitals across this country to say enough is enough we will not we will not allow this to happen on our watch yeah so you guys are doing you guys are doing you know just amazing work yeah we are doing our best folks uh I'm going to go to Jim and then I'll end it off with uh with Justin to to wrap up the show here we're already north of an hour but Jim I mean some of what Chris was talking about like the kind of a rebuke to like the globalist movement or whatever it just kind of reminds me of the episode we did a couple of weeks ago about the uh uh what was it like populism verse globalism or something along those lines and this just seems like a perfect example that it's like they know they see the polling they know they're going to go down uh because of all of this climate policy stuff that they've been pushing the Banning of combustion uh you know whatever gas gasoline powered cars or whatever and they're still going to push this like it's just like they know that the public doesn't want it they're still going to just jam it down the throats of not only their constituents but the constituents of everyone in every country around the world it's it's not it's not mind-blowing like this is almost part of the course but what's your reaction to it Jen well the The globalist Click is keeps trying to make fetch happen I mean keeps trying to make ESG happen and it's not gonna happen or it's not happening I just like so I found those charts I just want to show it uh to our audience here so I found uh these charts about how often um uh ESG is mentioned on earnings calls and uh here it is up on screen there we go so uh so this was percentage of earnings calls mentioning ESG and it's bumping around there around 1% to 0% from 2005 to 2019 and starts to go and then 2020 and 2021 uh by um the second quarter of 20121 19% of earnings calls uh with shareholders mentioned ESG scores and then uh so but then you can have uh that's that was kind of near the peak and then it starts coming down and so um you know years 2021 and 2022 were kind of the peak for corporations all buying in to the uh the leftist dream of of leveraging ESG and Dei and all of those uh top- down uh you know socialist agenda items through the private sector it starts to diminish because you can't make fetch happen if fetch don't make you money um eventually these corporations just have to um they get pressure from their share holders I mean I I I think of Disney as a great example they've gone completely woke and they are and they are um their stock price keeps going down they keep having failure after failure at the box office and so you know eventually you do run out of other of of your shareholders money and they start holding people accountable but you know this we part of this the second part of this podcast and we're past that now we're almost done here but was to kind of look at the European elections and to see that is actually tied into this sort of thing I think you mentioned it Donnie that they cramm this through like the the the hand came out of the grave at the last minute to get this passed in the European Parliament because they knew a a voter Le Revolution was happening in Europe um and it's a revolution against Green policies um when you have Farmers protesting with tractors and the Beautiful site of spraying manure liquid manure on uh European bureaucrat Office Buildings in protest um when you have uh the immigration problem is now um so acute in Europe um you know so-called refugees coming in and the same thing is happening here in the United States and the voters don't like that um and they are they are Revol you know there's a revolution against that and it's been actually kind of almost humorous to see the reaction of the uh corrupt corporate Legacy Media both here and in Europe in that um parties and and policies and platforms that got the majority support of the people are yet still far right anything anything one inch to the right of a um of a Marxist globalist is far right um but it's not far right it's common sense it's people wanting to preserve their