Most Americans rightly direct the bulk of their criticism of ruling class elites at establishment politicians.
But part of the reason nothing ever seems to change after elections is the fact that those who are really in power aren’t actually elected officials.
And the CEO of JPMorgan Chase just called for one bone-chilling authoritarian climate change measure that would make dictators blush.
The next step to authoritarianism for the ruling class
Virtually every day, the media, especially outlets like Fox Business or CNBC, publish one story after another in which a corporate executive gives their take on the issues facing the United States and the world at large.
For the most part, it’s generally just a bunch of hot air that only receives any attention because self-proclaimed “reporters” are more concerned with clicks and views than actual journalism.
But when the billionaire CEO of the largest bank on planet Earth casually calls for authoritarian climate change measures that will strip working class Americans of their Constitutionally-protected rights, everyone should sit up and listen.
In his annual shareholder letter, JPMorgan Chase CEO Jamie Dimon wrote that “bolstering growth” in the global economy “must go hand in hand with both securing an energy future and meeting science-based climate targets.”
Basically, according to Dimon, there is no way to develop the amount of “green energy” sources needed to save the planet from facing annihilation at the hands of climate change in a “timely way” under current government regulations.
As a result, the billionaire CEO claimed that governments “may even need to invoke eminent domain” and strip working class Americans of their private property in order to build more solar and wind farms.
“Permitting reforms are desperately needed to allow investment to be done in any kind of timely way,” Dimon wrote in the letter. “We may even need to evoke eminent domain. We simply are not getting the adequate investments fast enough for grid, solar, wind, and pipeline initiatives.”
“We need to do more, and we need to do so immediately,” he added. “Governments, businesses and non-governmental organizations need to align across a series of practical policy changes that comprehensively address fundamental issues that are holding us back. Massive global investment in clean energy technologies must be done and must continue to grow year-over-year.”
Praise for Biden
Dimon, a former member of the Federal Reserve Bank of New York’s Board of Directors, also went on to heap praise on President Joe Biden for establishing the type of “whole-of-government effort” to reduce carbon emissions that the billionaire CEO supports.
He argued that the Biden regime’s legislative efforts, specifically the Inflation Reduction Act and the establishment’s infrastructure bill, will enable $1 trillion in green energy initiatives as long as they are “implemented effectively.”
Of course, that essentially proves that neither bill was actually intended to address the issues Democrats claimed they were for, such as infrastructure, and instead were merely left-wing environmental trojan horses.
Nevertheless, Dimon’s letter is in stark contrast to many of the statements he’s made on the Left’s radical environmental agenda in the past.
Almost exactly one year ago, in April of 2022, Yahoo! Finance reported that the billionaire CEO conducted a call with investors in which he vehemently argued for more oil and gas production amidst Democrats’ push to eliminate fossil fuels.
Dimon noted that Democrats’ efforts to eliminate fossil fuels coupled with higher energy prices was forcing many nations to turn their coal plants back on in order to produce the energy needed to keep people alive.
“We should focus on climate,” Dimon argued. “The problem with that is because of high oil and gas prices, the world is turning back on their coal plants. It is dirtier. Why can’t we get it through our thick skulls, that if you want to solve the climate problem, it is not against the climate for America to boost more oil and gas?”
Regardless, he’s maintained the radical left-wing position of supporting Environmental, Social, and Governance (ESG) regulations and so-called “stakeholder capitalism” – the idea that corporations have a mandate to involve themselves in social issues even if it comes at the expense of the shareholders.
The JPMorgan CEO argued that he’s not “woke” for supporting such economic malpractice.
Instead, he said “it is a good thing to lift up our fellow citizens” through economic opportunity since jobs “bring dignity,” lead to “household formation,” and “reduce crime.”
Exactly how much “dignity” Dimon believes is involved in stripping working class Americans of their private property rights and depleting their retirement accounts in the name of Democrats’ woke radical left-wing agenda remains to be seen.
But there’s no doubt that the mere fact Jamie Dimon is even talking about such authoritarian climate change measures has most working class Americans on notice.
Patriot Political will keep you up-to-date on any developments to this ongoing story.