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The [WEF] green new deal is continuing to fail. They are still pushing but the EV manufactures are going bankrupt. Companies are moving away from the ESG scoring system. The economy is breaking down and the people are seeing countries ramp up on gold and other resources. The patriots are now showing the people the criminal syndicate. This has been planned from the very beginning, Trump is the conductor. The military and the military intelligence is playing their role. The plan is being done in stages to wake people up and trap and expose the [DS] in the process. All the indictments that they are throwing at Trump will boomerang on the them in the end.

 

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Economy



https://twitter.com/WallStreetSilv/status/1689245147710861312?s=20

The Collapse of the EV SPACs: Another One Goes Bankrupt, Others on the Verge

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• EV maker Proterra, which makes mostly a few electric buses a year – when giant competitors make many thousands – filed for Chapter 11 bankruptcy today, 25 months after having gone public via merger with a SPAC. It once had a market cap of nearly $4 billion.
  
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• Nikola [NKLA], at $2.20 today, has collapsed by 97% from its high in June 2020 when the merger with a SPAC was approved. The outfit embodies the scandalous nature of these things that went to such heights during the era of consensual hallucination and then thankfully collapsed.
  

Canoo [GOEV], SPAC merger completed in December 2020. $0.56 now. From peak: -97.5%.

Fisker [FSR], SPAC merger October 2020, preceded by Fisker Automotive which made the Fisker Karma. Now $5.93. From peak: -81%.

Lucid Motors [LCID], SPAC merger announced in February 2021. Now $7.19. From peak: -89%.

Workhorse [WKHS], SPAC merger in October 22, 2020. Now $1.10. From peak: 97%.

Faraday Future [FFIE] SPAC merger in July 22, 2021. Tuesday special, $0.27. From peak -99%.

Lion Electric [LEV], a Canadian company, SPAC merger November 2020, now $2.32, from peak: -93%

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source: wolfstree.com

Biden: I Wanted ‘to Stop All Drilling’ on the Coasts and Gulf, Got Blocked by Courts 

• During an interview with The Weather Channel that is set to air on Wednesday, a portion of which aired on Tuesday, President Joe Biden said that he “wanted to stop all drilling on the East Coast and the West Coast and in the Gulf” but was blocked by the courts from doing so.
  
• Weather Channel Meteorologist Stephanie Abrams asked, “Let’s talk Gen Z, because they’re going to play a big role in the next presidential election, and many of them are angry about the 7,000 oil and gas permits you approved since you’ve been in office. You promised no new drilling on federal land or offshore. Can you tell Gen Z that you haven’t broken your promise?”
  
• Biden responded, “Yes, because the courts overruled me. The courts said I couldn’t do it. I wanted to stop all drilling on the East Coast and the West Coast and in the Gulf. But I lost in court.”
  
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Source: breitbart.com

Major Credit Ratings Firm Dumps Woke ‘ESG Ratings,’ Instantly Sees Stock Price Surge 

• S&P Global, one of the largest independent credit ratings firms in the world, has discontinued its practice of providing ‘Woke’ ESG ratings for corporate borrowers.
  
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• Recently, S&P shifted its stance, deciding that textual descriptions, rather than scores, would represent their evaluation of a company’s ESG considerations.
  
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• This change sets S&P apart from its competitor, Moody’s, which continues to rate ESG using the one-to-five scale.
  
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Source: beckernews.com

https://twitter.com/unusual_whales/status/1689260489602191360?s=20

Coinbase Reports $53,000,000,000 Drop in Retail and Institutional Crypto Trading Volume

• Top US crypto exchange Coinbase witnessed a staggering $53 billion drop across retail and institutional trading volume in the second quarter of 2023.
  
• In a new shareholder letter, the company notes it processed $14 billion in consumer trading volume and $78 billion in institutional volume, for a total of $92 billion. 
  
• The figure represents a decrease of 36.5% from the previous quarter as Coinbase recorded $145 billion in total volume in Q1 with retail traders accounting for $21 billion and institutions contributing $124 billion.
  
• It’s also down from the $217 billion in total trading volume Coinbase processed in the second quarter of 2022, a decrease of more than 57%.
  

Source: dailyhodl.com

https://twitter.com/disclosetv/status/1689237870396022785?s=20

Political/Rights

America First Legal Files Lawsuit Against Target Over “Misleading Statements to Shareholders”

• America First Legal has filed a lawsuit in Federal Court against Target over “misleading statements to shareholders about monitoring political/social risks, resulting in a $12B loss due to its recent promotion of queer/transgender propaganda to children.”
  
• America First Legal, which is led by former Trump Senior Advisor Stephen Miller, claims that management “only cared whether its leftists ‘stakeholders’ were satisfied” in reference to 2022/2023 Proxy Statements that ensured the Board was “monitoring social and political issues”.
  

From their Press Release:

Also, Target’s management has adopted “supplier diversity” targets, including a majority of collections to be made by “LGBTQIA+ creators and brands” in 2022, and engaged in the odious and illegal practice of race-based hiring by adopting a plan to increase its “representation of Black team members across the Company by 20 percent.”

America First Legal also published a Twitter thread that can be viewed here.

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