As always, it comes down to money. “In addition, the HRC [Human Rights Campaign] publicly threatens organizations every year by sending a list of demands in person over what they want displayed in public. Clearly, Mulvaney was part of those marching orders. The HRC is backed by hedge funds such as Blackrock and Vanguard, the top shareholders of most American publicly-traded corporations. Failure to advance the woke agenda would lead to these companies pulling their funds from Nike, Anheuser-Busch, and other major companies, leading to the loss of millions of dollars. All of this means that major corporations actually lose more by not embracing the woke left than from angering conservatives. So much for the “get woke, go broke” slogan.“ https://www.thegatewaypundit.com/20...-transgender-dylan-mulvaney-in-americas-face/
Blackrock is in bankruptcy proceedings right now, so even thay are not doing so well with all of the woke garbage they are pushing on the other companies. I read that Augustus Anheuser, the CEO of Anheuser/Busch has resigned, and the company executives are now in talks with the other companies, like Nike, that endorsed Mulvaney, and are now all losing millions of dollars in revenue. Most of these companies promoting the gay pride banners and such , are only doing it here in the USA, and in other countries, they are not putting the rainbow, etc. , in their advertisements overseas.
Anheuser-Busch’s CEO is named Brendan Whitworth, not Augustus Anheuser III, who isn’t a real person. The claim that the Anheuser-Busch CEO resigned “is inaccurate and there is no truth to it,” the company confirmed in an emailed statement. The Associated Press last week debunked a false claim that Anheuser-Busch fired its marketing department in response to Bud Light’s advertising. This claim also started as satire. https://apnews.com/article/fact-check-anheuser-busch-bud-light-ceo-077046228036
A legitimate company would view that as a handout, not business. This doesn't mean that they wouldn't take it, given the fascist relationships between Big Business, the federal government, and agenda organizations, but when they abandon their base of customers in return for a handout, the handout could be withdrawn at any time, and good luck getting the customers back. According to Wikipedia, he is a real person, and Chairman of the Anheuser-Busch Corporate Governance and Nominating Committee and a member of the Corporate Development Committee and the Executive Committee. He served as President of the Anheuser-Busch Companies, Inc. (ABC) from 1974 until June 2002, and chief executive officer of ABC from 1975 until June 2002. He was chairman of the Board of Directors of ABC from 1977 to 2006. Unlike his father Gussie Busch, August III has been a lifelong supporter of the Republican Party, and a friend, ally, and financial supporter to Senator John McCain (R-AZ) and President George W. Bush. Interestingly, Wikipedia doesn't have a page for Brendan Whitworth. He looks pretty young, so maybe no one has gotten around to creating a Wiki page for him yet.
Let’s not forget that the Corporate Equity Index was a brain child of HRC that grades corporations on their inclusiveness. One of the most striking edicts within the index isn’t about simple employment of the alphabet people but how many of them are in high ranking positions. A major corporation can get good scores if they have classes on pronoun diversity and hire indiscriminately but they can get a perfect score if their management staff is fully diversified not only racially but the prominence of diversified gender. The CEI doesn’t care about productivity nor the share holders (which is exampled by the 7% drop in Anheuser’s stock) but on how inclusive a major corporation is. *Also note that the HRC is a foundation and a lobby group that donates huge amounts of money to politicians running for office. If one looks closely at Biden’s cabinet and how much money the HRC donated to Biden’s campaign, then the missing pieces of the puzzle start to come together.* What I can’t figure out is why these major corporations are bending the knee to 1% or so of the population. If I was the CEO of a business, I’d go for the bucks by trying to make the majority of the population happy even if it meant getting some bad press and scores from something like the Corporate Equity Index. Of course, that would also mean having to fend off lawsuits encouraged by paid politicians who rub elbows with “paid to be woke” members in Congress and the White House.
Hmmm. I quoted that from an AP article. Apparently the difference is "August" vs "Augustus". Beats me.
It makes no sense for a business to take a side in a divisive issue because you will probably lose the opposing side as customers. Dumb, dumb and dumb.
True. It’s pretty much mandated that all corporations are equal opportunity employers and should have a percentage of females and minorities in their hire. That said, with the recent upheaval of multiple genders and pronouns, in order to show that they are indeed equal opportunity employers, instead of sticking to biological facts, they’re acknowledging the woke idealism and trying to be all things to all people which is impossible. Sadly, not unlike the White House, they’ve placed woke activists in high level positions who do not care about P&L over the ideology of gender fluidity. If some of the cooperating corporations do not go back to the tried and tested pragmatic view of capitalism, they and their share holders will suffer.
You mentioned CEI, but isn't there yet another "environmentally responsible" three letter index that public corporations are gonna have to report? I think it begins with an "E", but for the life of me I ca neither recall nor find it.
The only three that I know of is the Human Rights Council which created the Human Rights Campaign (foundation) of which the Corporate Equity Index is a subset. There are probably one or two more politically based blackmail groups out there but I’m not at all sure what they are. Edit: You’re not talking about the EPA are ya?
Nah, it's not the EPA. I believe this one is now required reporting if you are publicly traded. I'll post it when I find it again. It's just one more way to destroy capitalism.