https://www.esgtoday.com/texas-judge-greenlights-multi-state-lawsuit-accusing-blackrock-vanguard-state-street-of-using-esg-investing-initiatives-to-manipulate-energy-markets/


"A U.S. federal judge has denied motions to dismiss most of the claims in a multistate lawsuit accusing asset managers BlackRock, Vanguard and State Street of violating antitrust laws and conspiring to use sustainable investment initiatives to manipulate coal markets, allowing the case to proceed. , ,

' The case, launched by Texas Attorney General Ken Paxton and joined by 10 other Republican states in late 2024, claimed that the asset managers acquired large shareholdings in major coal producers in the U.S., and used their combined influence to coerce the companies to cut coal production to accommodate clean energy investment goals, resulting in higher energy costs for U.S. consumers. Earlier this year, the U.S. Department of Justice and Federal Trade Commission issued a statement supporting the case, and adding that the Trump administration "has vowed to fight left-wing ideologues who seek to make us weaker and poorer under the guise of ESG. "

I hope they lose a massive multi-billion dollar judgment and every dollar of it goes into digging new coal mines.

This give me hope!

I am waiting for the same type suit to be brought against Blackstone and others for buying up and holding residential houses to inflate the market, and drive up rents.

The increase in the price of building or buying a home over the last few years since Covid, is insane1

OPAG said:

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This give me hope!

I am waiting for the same type suit to be brought against Blackstone and others for buying up and holding residential houses to inflate the market, and drive up rents.

The increase in the price of building or buying a home over the last few years since Covid, is insane1

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This

OPAG said:

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This give me hope!

I am waiting for the same type suit to be brought against Blackstone and others for buying up and holding residential houses to inflate the market, and drive up rents.

The increase in the price of building or buying a home over the last few years since Covid, is insane1

---

Home prices are pretty reasonable if you consider:

1) The delta between a primary mortgage interest rate and expected inflation, which is still very favorable for home owners; and
2) The increased cost of labor in the residential construction market, which is easily double what it was 10 years ago.

New home builders are working on very thin margins. As long as it is going to take about $400k to build a nice new home, similar established homes are not going to be any cheaper than that.

Guess they wouldnt give Kenny a cut

Well, we are building here up in Virginia rural - 15 miles or so outside Lynchburg.

And 4 years ago the cost of doing well was about $4k. It is now over $10K, This is insane and there is no legitimate reason for that sort of price increase, The same can be said for putting in a septic field. The cost has more than double in that 4 years. Again no legitimate reason for it.

The orginal quote for this house was $175 K just before Covid. It is now $325. That is unstainable increase. And this does not have to do with land price increase. We have the land.

It's like someone snapped their fingers and we are moving back to a world of sanity. The speed of the bounce back is beyond anything I thought possible. It's like waking up from a bad dream and breathing a sigh of relief that it's over.

Now the Democrats get to live in it due to their own stupidity.

OPAG said:

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Well, we are building here up in Virginia rural - 15 miles or so outside Lynchburg.

And 4 years ago the cost of doing well was about $4k. It is now over $10K, This is insane and there is no legitimate reason for that sort of price increase, The same can be said for putting in a septic field. The cost has more than double in that 4 years. Again no legitimate reason for it.

The orginal quote for this house was $175 K just before Covid. It is now $325. That is unstainable increase. And this does not have to do with land price increase. We have the land.

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Maybe you should start a well-digging business?

So are you a real estate investor or involved in construction/sales? Because those are only people ive found that think new homes are "reasonable" in any way"

BusterAg said:

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OPAG said:

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This give me hope!

I am waiting for the same type suit to be brought against Blackstone and others for buying up and holding residential houses to inflate the market, and drive up rents.

The increase in the price of building or buying a home over the last few years since Covid, is insane1

---

Home prices are pretty reasonable if you consider:

1) The delta between a primary mortgage interest rate and expected inflation, which is still very favorable for home owners; and
2) The increased cost of labor in the residential construction market, which is easily double what it was 10 years ago.

New home builders are working on very thin margins. As long as it is going to take about $400k to build a nice new home, similar established homes are not going to be any cheaper than that.

---

Back when I practiced, had a few homebuilders as clients. (Different entry levels so not in direct competition.)

Then later, worked with one particular homebuilder. Thins margins cause shoddy workmanship. Higher minimum wages and union wages cause higher costs, even lower margins. Many of them went bankrupt but then came back and give it go again.

Developers and builders are a different breed. They need to create something from vacant land. I was once in the backseat of a Cadillac when Nash Phillips was driving across bumpy land.

BusterAg said:

---

OPAG said:

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This give me hope!

I am waiting for the same type suit to be brought against Blackstone and others for buying up and holding residential houses to inflate the market, and drive up rents.

The increase in the price of building or buying a home over the last few years since Covid, is insane1

---

Home prices are pretty reasonable if you consider:

1) The delta between a primary mortgage interest rate and expected inflation, which is still very favorable for home owners; and
2) The increased cost of labor in the residential construction market, which is easily double what it was 10 years ago.

New home builders are working on very thin margins. As long as it is going to take about $400k to build a nice new home, similar established homes are not going to be any cheaper than that.

---

Average home price 6/2025 - $500k


Average new home price is reasonable - does not compute

Fightin_Aggie said:

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BusterAg said:

---

OPAG said:

---

This give me hope!

I am waiting for the same type suit to be brought against Blackstone and others for buying up and holding residential houses to inflate the market, and drive up rents.

The increase in the price of building or buying a home over the last few years since Covid, is insane1

---

Home prices are pretty reasonable if you consider:

1) The delta between a primary mortgage interest rate and expected inflation, which is still very favorable for home owners; and
2) The increased cost of labor in the residential construction market, which is easily double what it was 10 years ago.

New home builders are working on very thin margins. As long as it is going to take about $400k to build a nice new home, similar established homes are not going to be any cheaper than that.

---

Average home price 6/2025 - $500k


Average new home price is reasonable - does not compute

---

My CRAY laptop just ran the algorithm and even it just spit out a screen of nothing but "LOLOLOLOLOLOLOLOL"

OPAG said:

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This give me hope!

I am waiting for the same type suit to be brought against Blackstone and others for buying up and holding residential houses to inflate the market, and drive up rents.

---

Why wait? Why don't you sue? It must be an easy cause of action outline and win, right?

Democrats are worse than cockroaches, America's human expression of steaming piles of excrement in a pasture.

Coal should be a major part of our energy solutions for several hundred years to come. Yet here were Democrats in business positions intentionally sabotaging the sector for the benefit of a green energy con job filling the coffers of the Democrats and their lackeys.

Telling coal miners to learn to code while destroying their lives and their futures, these ******* leftists didn't mind lying at all while two stimulus packages flowed into their pockets nominally funding quack energy projects they knew were doomed to fail.

Make the *******s pay for the grift.

Blackrock and some of these big investment houses seem like they're actively working against American interests.

Quote:

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Maybe you should start a well-digging business?

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It is being considered, really!

Nothing significant will come from this, unfortunately.

OPAG said:

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https://www.esgtoday.com/texas-judge-greenlights-multi-state-lawsuit-accusing-blackrock-vanguard-state-street-of-using-esg-investing-initiatives-to-manipulate-energy-markets/


"A U.S. federal judge has denied motions to dismiss most of the claims in a multistate lawsuit accusing asset managers BlackRock, Vanguard and State Street of violating antitrust laws and conspiring to use sustainable investment initiatives to manipulate coal markets, allowing the case to proceed. , ,

' The case, launched by Texas Attorney General Ken Paxton and joined by 10 other Republican states in late 2024, claimed that the asset managers acquired large shareholdings in major coal producers in the U.S., and used their combined influence to coerce the companies to cut coal production to accommodate clean energy investment goals, resulting in higher energy costs for U.S. consumers. Earlier this year, the U.S. Department of Justice and Federal Trade Commission issued a statement supporting the case, and adding that the Trump administration "has vowed to fight left-wing ideologues who seek to make us weaker and poorer under the guise of ESG. "

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Is my former employer, Fidelity, involved in this?

Cause they went woke tard ESG too...... suddenly they are running from it.

Abby Johnson is a leftist scum unlike her father who was a Sowell style conservative.