If you’re keeping tabs on the pulse of America, you’ve likely noticed a mass migration from blue states to red states. One of the most telling examples comes from San Francisco, where Nordstrom recently announced the closure of its flagship store, citing crime and public disorder as significant concerns. It’s a development that serves as an unfortunate testament to how liberal policies are transforming America’s big cities into shoplifters’ paradises. What’s happening in San Francisco is being replicated in many major cities in America.
At the heart of the matter is the failure of progressive governance to maintain law and order, paving the way for skyrocketing crime rates, surging poverty rates and plummeting quality of life. This hasn’t gone unnoticed. Financial giants like BlackRock are already drawing back from investing in “woke” ideologies such as Environmental, Social, and Governance (ESG) schemes, a trend that is bound to trickle down through the rest of the industry.
What we are witnessing is not just a singular event but a broader shift that underscores why Americans, including large corporations, are packing up and heading to conservative strongholds. While BlackRock might be reconsidering its approach to ESG—a welcome change for those of us who have been critical of the industry’s focus on social justice over client portfolios—the bigger picture shows that Americans are getting fed up with failed policies.
San Francisco’s decaying public order—symbolized by Nordstrom’s unfortunate departure—sends a clear message. Financial institutions like BlackRock are one thing, but when retail giants start shutting down their stores in the heart of a bustling city, it’s an ominous sign that liberal governance is not only failing but driving away business.
As I’ve argued in my previous writings, financial institutions would do well to focus on their core competency, which is managing money and maximizing shareholder value. This focus is precisely what firms like Rubin Wealth Advisors offer to clients who are concerned about the direction in which this country is headed. Our mission is to be a sanctuary for politically conservative investors who want to safeguard their assets from the damaging effects of liberal policies and agendas.
The mass migration to red states isn’t just a demographic shift; it’s a monumental vote of no confidence in progressive governance. People are voting with their feet and their wallets, choosing to invest and live in areas where their values are respected, their safety is prioritized, and their businesses can operate without the burden of overreaching regulations and rampant crime.
In closing, the retreat of companies like Nordstrom and perhaps even BlackRock from woke ideologies and failing blue cities serves as a bellwether for the conservative movement.
We can’t afford to let up now; the stakes are too high. It’s a collective call to action to preserve the America we know and love, and it’s a fight that we’re committed to at Rubin Wealth Advisors.
If you’re concerned about the future of your investments in a progressively unstable world, now is the time to align with financial advisors who share your values. We don’t have the luxury of complacency; the exodus from blue states to red states is an urgent reminder that action is needed. Let’s keep our foot on the gas pedal and continue to press for sensible governance, both in politics and in finance.
Check out a recent article to learn more about how big companies are backpedaling from their woke ideologies by clicking here.
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https://www.rubinwealthadvisors.com/rubinreport/wp-content/uploads/2023/09/Liberal_policies.webp6001000Chris Linscombhttps://www.rubinwealthadvisors.com/rubinreport/wp-content/uploads/2023/07/rubin-review-logo-1.pngChris Linscomb2023-09-06 18:31:012024-08-08 18:11:09Breaking Point: How Failed Liberal Policies Propel the Flight to Red State Sanctuaries