Letter to the Editor: Republican women host Nevada's chief deputy controller

On March 9, 2023, the South Lake Tahoe Republican Women, Federated hosted its annual Lincoln/Reagan Dinner at The Bistro at the Corner.

After a wonderful dinner, guest speaker James Smack, State of Nevada's chief deputy controller, provided interesting history on President Lincoln and President Reagan. He also alerted the group about the dangers of a new investment strategy being pushed called “ESG” (Environmental, Social, and Governance). Many of the larger banking institutions are investing monies into ESG funds, which are risky at best, he said.

By diverting attention away from priorities that align with increased productivity and toward a shifting array of inconsistently defined social-impact criteria, the ESG investment movement could be a long-term threat to continued economic growth.

Article: The Fallacy of ESG investing | Financial Times
www.ft.com/content/9e3e1d8b-bf9f-4d8c-baee-0b25c3113319

South Lake Tahoe Republican Women, Federated meets most months on the second Thursday from 11:30 a.m. to 1:00 p.m. Some of our goals are - Open and accountable government, election security and integrity, economic prosperity, and constitutional liberties. For more information, please email us at: solaketahoerepublicanwomen@gmail.com.