2) Socialized Health Care Is Dangerous to Your Health
In one of the most vivid examples of the dangers of government-run health care, nearly 5,000 breast and prostate cancer patients in Canada’s British Columbia will be sent to Washington State to get timely and life-saving treatments.
The story explains that critically ill cancer patients often have to wait a month or more to get life-saving radiation and other treatments.
Another validation of our rule about government-run health care, it saves money and it works great – until you get sick.
One Canadian resident complained:
“My wife just had cataract surgery, both eyes, in Kalispell, Montana. Wait time was less than 2 months. Wait time just to see the local Ophthalmologist here in East Kootenay [Canada] was 16-18 months, then another 6-8 months for the surgery. She would be BLIND had we waited for healthcare under our system. However, we had to pay more than $10K out of pocket to have the procedure done in a timely manner. Our healthcare system in BC is broken.”
First, CTUP co-founders Steve Forbes and Stephen Moore published a major piece in New York Post yesterday on the results.
Second, as we hoped, the May 16 WSJ editorial about the CTUP report on proxy votes has generated a lot of angry responses from readers. We liked what people had to say and how they plan to take action. We hope you will too. Here’s a brief sample:
Thank you, Paul Gigot and your Editorial team, for exposing this information. I am going to sell my Grade D ETFs and buy Grade A ones. The people who cast proxy votes on behalf of funds have a fiduciary responsibility to vote in the financial interest of their fund holders.
Good to hear about Vanguard and Fidelity! I moved as much of my funds from BlackRock & StateStreet to equivalent Vanguard index funds because of this ESG proxy voting Cartel and their pro-Communism stance (stakeholder capitalism / woke capitalism / economic Marxism).
I'm moving money this morning. Goodbye, State Street.
I expect my investment firm to represent my preferences. Surprised and disappointed to read the rankings here and see my firm with a grade of D. This will affect my loyalty.
Thanks for the chart! I know where to pull my investments from.
I told my financial advisor that I do not want any of my investments in ESG funds or else I would pull them immediately.
Many of us will be making changes today based on this report. Virtue-signaling quietly with our money; no, thanks.
I had no idea a couple of my money managers were slaves to ESG. I will be reevaluating my portfolio beginning in a few minutes.
Good info. I have some of these activist funds like American Century in a work retirement account. They'll be jettisoned tomorrow for a fund from the companies getting A's.
I will be moving any funds I have out of C or lower rated firms and into honest firms who protect my assets as they promise. My little bit won't make much difference but I hope many readers do the same.
4) EPA Evades Congressional Hearing on EV Mandates – So Withhold Funding Until They Show Up
The bureaucrats who are going to make gasoline and diesel vehicles extremely expensive and hard to find in the next couple of years were no-shows on Capitol Hill this week:
Our back-of-the-envelope calculations is that these will add more than $5,000 to the cost of a new car. Call it a green energy tax.
Not only will American car buyers be hammered by higher prices, but even the New York Times now acknowledges the principal beneficiary of Biden's war on internal combustion engines is China.
It’s no wonder the Biden EPA doesn’t want to testify in front of Congress to justify these expensive regulations. Time to play hardball: not a penny of EPA funding until they (at least) try to justify their war on the car and outrageous regulations that will make driving much more expensive.
It’s no wonder that the Biden EPA doesn’t want to testify in front of Congress to justify these expensive regulations. Time to play hardball: not a penny of EPA funding until they at least try to justify their war on the car and outrageous regulations that will make driving much more expensive.
