In his annual letter to shareholders, JP Morgan CEO, Jaime Dimon, says that the government should seize private property to build wind and solar farms. Moreover, Dimon suggested that green initiatives should be embraced to eventually meet net-zero targets.
Dimon spoke on the call for government seizure and noted its potential impact on the ongoing fight against climate change. Conversely, the same letter to shareholders noted Dimon’s perspective on the banking crisis and its potential implications on the economy.
JP Morgan CEO Champions Green Projects
In what is a rather surprising statement, Jaime Dimon has spoken on the lengths he is willing to go to for green projects. Specifically, the JP Morgan CEO says that the government should seize private property to build wind and solar farms. Thus, fast-tracking green initiatives and embracing a greater chance in the fight against climate change.
Within his annual letter to shareholders, Dimon spoke on his rather concerning take. Stating, “Permitting reforms are desperately needed to allow investment to be done in any kind of timely way.”
Subsequently, Dimon stated, “We may even need to evoke eminent domain — we simply are not getting the adequate investments fast enough for grid, solar, wind, and pipeline initiatives.” Therefore, calling for governments to place the good of the climate over the private purchase of land and property.
The phrase eminent domain is meaning a government or state compulsory purchase of private property for the use of the public. Conclusively, Dimon spoke on the rather dire state of the energy crisis on the planet.
“The need to provide energy affordably and reliably for today, as well as the necessary investments to decarbonize for tomorrow, underscores the inextricable links between economic growth,” Dimon added.
5 thoughts on “JP Morgan CEO Says Government Should Seize Private Property to Build Wind and Solar Farms by Joshua Ramos”
Maybe Jamie ol’ psycho can start by seizing all the land owned by Bill Gates, maybe? Bwahahahahah!
Sounds like what happened in 1933, the seizing of the gold. But this time they’re goin’ after the real prize: LAND. Just ask Charles, the non-king; he knows all about land-holdings.
Well, as it gets more ruthless, more audacious, more cruel, it can only help our cause. Less and less will put up with this and consequently, more and more will fight.
This is basically them getting closer & closer to saying that they are in a constant WAR with us without really saying it. THIS is actual war talk! Surely more hear it now for what it is. Take it as a declaration if you like although that was done a long time ago. Prepare, prepare, prepare! When the time is right these filthy rats are to be cleansed from existence! The alternative, by their very own words, is that they take EVERYTHING from you! THAT WILL NOT HAPPEN!!!
Some folk need a long fart injection in a nice big fat artery.
They ugly on the inside
Just as well stink too
Buy Dirt… than bury them in it