Critics are concerned that the US approval for Brazil-based JBS, a company linked to Amazon deforestation, to list on the New York Stock Exchange, may exacerbate the climate crisis. Environmental groups are outraged by this decision from the Securities Exchange Commission (SEC), announced on Tuesday. Reports indicate that JBS subsidiary Pilgrim’s was the largest donor to Donald Trump’s inauguration committee. Since taking office, Trump has sought to limit the independence of the SEC and other agencies, insisting on stronger presidential control over their activities.
Here’s What They Meant to Say
Decrying Capitalism One Beef Patty at a Time
Oh, the horror! Environmental do-gooders are up in arms because JBS, the world’s biggest meatpacking company, has dared to enter the sacred halls of Wall Street. How dare they aim to accomplish the American Dream by listing on the New York Stock Exchange? You’d think they were discussing an imminent apocalypse just because this company is allegedly linked to deforestation in the Amazon.
It’s Always Trump’s Fault
Of course, no leftist rant would be complete without a boogeyman, or in this case, a bogeyman named Donald Trump. JBS’s subsidiary, Pilgrim’s, had the audacity to be the biggest donor to Trump’s inauguration committee. That must be the real scandal here, right? Trump allegedly reduced the SEC’s independence (as if it wasn’t already swaying with political winds). Clearly, it’s blame-Trump-for-everything season again.
Selective Outrage Alert!
The environmentalists are quick to scream from the rooftops about deforestation, yet their silence echoes when it comes to job creation and economic growth. Let’s not forget that people might actually want to work, eat meat and maybe, just maybe, enjoy some good old-fashioned prosperity. But don’t tell that to these green groups clutching their soy lattes.
Ending With a Sizzle, Not a Fizzle
So let’s raise a toast to JBS for having the courage to join the big leagues of capitalism. This is America, after all-land of opportunity, which should include listing your company on Wall Street, whether the eco-critics like it or not. Perhaps they should chew on that for a while, instead of just chewing the cud of climate crisis hysteria.