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Public·43 members

"112th General Assembly passed a resolution that proposes a constitutional amendment to Article II, Section 31 that would now allow the state of Tennessee to become shareholders (owners) in private banks and private corporations.

If this bill (SJR0034) sponsored by Sen. Ferrell Haile passes, it will be put on the general election ballot in 2026. And there will be millions of dollars spent by corporations, the World Economic Forum, the Chamber of Commerce, and the like stating what a great deal this is because it will give the state of Tennessee a greater rate of return on its investments. And that very well might be true.

But the question we should all be asking is, should the state own a private corporation? What could possibly go wrong?

Many of us have become well aware of the push towards ESG (sort of a social credit score) as it relates not only to banks but the types of investment strategies that many employ in an evermore global economy. Here is an excerpt from last year's commentary on this subject...

"...consider the rise of social justice efforts and progressive agendas leading toward the implementation of ESG (Environmental, Social, and Governance) scores that tie equities, investments, and one’s ability to engage in the marketplace directly to how woke you or your company might be. Per Dun & Bradstreet, Prioritizing ESG Is Not Optional Anymore. Meaning, if you want to play ball in the investment world, you need to make sure that bowing down to Black Lives Matter, implementing Diversity, Equity, & Inclusion initiatives (DEI), paying attention to climate change, and becoming a member of the LGBT alphabet club is at the top of your priority list. Let me assure you, passing this constitutional amendment here in Tennessee would be disastrous and puts Tennesseans that much more in the crosshairs of the global cabal. The unintended consequences on this would be unending and would most certainly introduce external and global pressures not only to our economic future but to the actions our legislature might take under duress to further erode the liberties of the people."

I implore you to contact members of the Senate Judiciary Committee and tell them to vote NO on SJR0034.

Sen. Todd Gardenhire (Chairman) (615) 741-6682 Sen. Dawn White (615) 741-6853 Sen. Paul Rose (615) 741-1967 Sen. Sara Kyle (615) 741-4167 Sen. London Lamar (615) 741-2509 Sen. John Lundberg (615) 741-5761 Sen. Kerry Roberts (615) 741-4499 Sen. John Stevens (615) 741-4576 Sen. Brent Taylor (615) 741-3036"

Do you think the state of Tennessee should own private corporations? (



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