It’s been stated on multiple fronts that roles such as the Comptroller and Treasurer should not be political, but strictly “by-the-numbers” i.e., strictly financial. About 20+ years ago I would have readily agreed to that….but the problem is that the political hard left is all about acquiring power and control over the everyday lives of people in an ever-increasing fashion, to push their anti-western, human secularistic, socialist/communist globalist agenda. That quest for power is made itself manifest with ESG and DEI having become engrained in so many aspects of financial affairs and governance, along with divestment activities, de-banking disfavored persons, and commandeering the proxy vote process to in turn commandeer the public companies themselves. Loftis understands the game, and is willing to play hardball to fight against this crap. One can’t help but wonder if, aside from the usual intra-party interpersonal squabbles and political power struggles, there is also a hidden hand from the world of left-wing globalist high finance interests (a.k.a. Blackrock, State Street, George Soros, etc.) that are pushing for a scalp and aligning themselves with those who want to try to take down Loftis.
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It’s been stated on multiple fronts that roles such as the Comptroller and Treasurer should not be political, but strictly “by-the-numbers” i.e., strictly financial. About 20+ years ago I would have readily agreed to that….but the problem is that the political hard left is all about acquiring power and control over the everyday lives of people in an ever-increasing fashion, to push their anti-western, human secularistic, socialist/communist globalist agenda. That quest for power is made itself manifest with ESG and DEI having become engrained in so many aspects of financial affairs and governance, along with divestment activities, de-banking disfavored persons, and commandeering the proxy vote process to in turn commandeer the public companies themselves. Loftis understands the game, and is willing to play hardball to fight against this crap. One can’t help but wonder if, aside from the usual intra-party interpersonal squabbles and political power struggles, there is also a hidden hand from the world of left-wing globalist high finance interests (a.k.a. Blackrock, State Street, George Soros, etc.) that are pushing for a scalp and aligning themselves with those who want to try to take down Loftis.
I couldn’t have said it better myself.
ONE QUESTION TO ASK WHY A MARYLAND CPA FIRM WAS HIRED TO AUDIT THE STATES FINANCES ????
Is Fits following up on the report for this? It’s way too convenient to be believable.