ESG Investing Threatens Retirement Savings While Medical Freedom Crosses Party Lines

On this Thursday broadcast from Virginia, Kim Monson examines the intersection of financial freedom and bodily autonomy with two expert guests. From Monticello, Jefferson’s home, Kim explores how founding principles of liberty apply to modern battles over investment choices and medical mandates.

Biden’s ESG Vetoes Undermine Investor Returns

Start listening at 31:47 – Hour 1

Phil Kerpen, president of American Commitment, breaks down three Biden vetoes that reveal the administration’s priorities. The first veto killed legislation that would have restored traditional fiduciary standards requiring fund managers to maximize investor returns rather than pursue left-wing political agendas through ESG investing.

Kerpen explains how the word “fiduciary” has been redefined by the ESG movement. Where it once meant managing money solely in the financial interest of investors, Biden’s Labor Department now permits fund managers to pursue “non-pecuniary interests” like climate activism or social justice, even if returns suffer. For Americans in pension funds or union retirement plans, this means their savings can be weaponized for political causes without their consent.

The second veto protected expansive EPA wetlands regulations that would subject virtually any standing water to federal control. The third blocked tariffs on solar panels routed through Southeast Asia to evade Chinese import duties. Each veto demonstrates the environmental movement’s grip on Biden policy.

“The word fiduciary for all of history until a few years ago meant that if you’re managing someone else’s money, you have to act in that person’s financial interest, which is to say maximize risk-adjusted returns. The left, through the ESG movement, started to redefine that word.”

Phil Kerpen, President, American Commitment

RFK Jr.’s Presidential Bid Crosses Party Lines

Start listening at 70:20 – Hour 2

Pam Long, a West Point graduate and former Army captain who writes on military health issues for Children’s Health Defense, analyzes Robert F. Kennedy Jr.’s Democratic presidential campaign. Long describes Kennedy as a serious threat to President Biden precisely because he challenges party orthodoxy on vaccines, corruption, and corporate capture of government agencies.

Long emphasizes that medical freedom transcends partisan boundaries. Seventy percent of parents declined COVID vaccines for children ages 5-12, representing a massive bloc of single-issue voters who care more about bodily autonomy than party loyalty. Kennedy has spent years protecting children from pharmaceutical mandates, big tech radiation exposure, and agricultural pesticides.

On environmental policy, Long argues Kennedy differs from typical climate activists by understanding supply and demand economics. He would not set arbitrary deadlines for eliminating gas-powered vehicles but instead use incentives while targeting corporate polluters rather than punishing average Americans for plastic straw use. The Democratic National Committee’s refusal to hold primary debates signals their fear of Kennedy’s crossover appeal.

“Medical freedom is not limited to one party. Medical freedom supporters are libertarians, Democrats, independents, conservatives, Republicans. It crosses all parties. It’s a beautiful thing. And it unites people.”

Pam Long, Military Health Writer, Children’s Health Defense