News · moment 11 of 19
Cathy Wood, ESG Investing, and Lockheed Martin's Woke Training
from #254 - Apocalypse Olympics with Abby Martin | The Tim Dillon Show · #254
5 min
News
Tim covers Cathy Wood blaming Elon Musk and ESG investors for the crypto crash, explains ESG, and riffs on the absurdity of defense contractor Lockheed Martin running anti-racism training for its employees.
- Tim notes Cathie Wood's doomsday brand works like a town crier warning that everyone will be dead and we'll return to bartering gold bars.
- The absurdity of a post-collapse newsletter offering investment advice when supply chains fail and there's no food, energy, or money.
- Cathie Wood blames Elon Musk and ESG investors for the crypto crash at a CoinDesk conference.
- Tim describes Wood as part of a weird Christian investor group similar to the Knights of Malta in the military, suggesting she might find the show vulgar.
- ESG movement pauses institutional buying due to environmental concerns about Bitcoin mining energy usage, which some reports compare to medium-sized countries.
- Environmental, social, and governance investing has become a growing methodology for companies seeking to appear as forward-thinking corporate leaders.
- Lockheed Martin, the defense contractor, now runs woke anti-racism training putting white guys in rooms to discuss their privilege.
- Tim observes that life itself has become the sketch—it's impossible to satirize what's already happening.
- Abby Martin's new documentary Gaza Fights for Freedom presents her investigative reporting from overseas conflict zones.
- Tim expresses fatigue with foreign policy coverage but remains interested in hearing Martin's perspective on Middle East issues.
- Tim mentions wanting to put Abby Martin and Bari Weiss in glass boxes to debate each other, then notes he's booked on Weiss's show June 9th via phone.
- BetterHelp plug: Tim advises dealing with mental health as people emerge from quarantine and encounter people they don't want to see.