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Corporate diversity is just another misguided policy from Democrats
The Hill ^ | 1/12/2019 | Kristin Tate

Posted on 01/12/2019 1:35:47 PM PST by therightliveswithus

House Democrats have a plethora of initiatives in the new Congress. One of the top priorities for the Congressional Black Caucus and incoming Financial Services Committee Chairwoman Maxine Waters is corporate boardroom diversity. Waters proposed creating a House subcommittee on diversity and inclusion that would force companies to quantify their board members by race and gender. By targeting publicly traded companies, this creates a vacuum that would ultimately harm employees of all racial and economic backgrounds, especially the further down the chain you go.

The government should foster diversity through individual success, not through federal coercion. You can hear it in the words of proponents of the newest overreach in Washington. “They have a right to be nervous,” said Emanuel Cleaver of Missouri while talking about corporate boards. Many companies on Wall Street and in Silicon Valley understand that the efforts are more a matter of paying tribute to Washington, rather than a substantive effort to increase diversity in the upper echelons of business.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: waters
Waters again
1 posted on 01/12/2019 1:35:47 PM PST by therightliveswithus
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To: therightliveswithus

And that has worked out so well for our colleges!


2 posted on 01/12/2019 1:45:04 PM PST by abclily
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To: therightliveswithus

Board membership is the shareholders business. Keep the government the hell out. Waters wants to place HER cronies on boards so they can malfease, work against the companies’ interests, trade on insider knowledge, kick back part of their excessive, unearned, salaries to her and other Democrats, etc.


3 posted on 01/12/2019 1:45:27 PM PST by Chewbarkah
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To: therightliveswithus
The government should foster diversity through individual success, not through federal coercion.

The government shouldn’t ‘foster diversity’ at all.

4 posted on 01/12/2019 1:48:03 PM PST by Altura Ct.
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To: therightliveswithus

Diversity is just a way for democrats to get control of companies and oust founding presidents like Steve Wynn. I would never hire based on diversity.


5 posted on 01/12/2019 2:06:59 PM PST by poinq
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To: abclily
And that has worked out so well for our colleges!

It's worked out exactly the way these morons wanted it to. Stupid people stupidly educated...what could be a more maleable voter?

6 posted on 01/12/2019 2:23:28 PM PST by Veto! (Veto! (Political Correctness Offends Me))
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To: therightliveswithus

Hey Maxie pad, how about we just do it the old fashioned way? Earn a position by working hard for it.

Affirmative action handouts are only for losers like you.


7 posted on 01/12/2019 2:41:00 PM PST by Bullish (My tagline ran off with another man.)
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To: therightliveswithus
Waters proposed creating a House subcommittee on diversity and inclusion that would force companies to quantify their board members by race and gender.

Everything except football teams and basketball teams.

ML/NJ

8 posted on 01/12/2019 2:48:27 PM PST by ml/nj (.)
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To: therightliveswithus
Here's what happens when the government "fosters diversity":


9 posted on 01/12/2019 2:51:24 PM PST by Jim Noble (Freedom is the freedom to say that 2+2 = 4)
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To: therightliveswithus

At 17 I was tossed into the deep end to sink or swim. Nobody was slavering to confer unearned advantages on a straight white male.

Supporting “diversity” is something for which a person should be expelled from society and shunned.


10 posted on 01/12/2019 3:00:38 PM PST by dsc (Our system of government cannot survive one-party control of communications.)
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To: Chewbarkah

Just have some of the current members declare that they identify as a particular ethnic group and, voila, the board is diverse!


11 posted on 01/12/2019 3:01:16 PM PST by 17th Miss Regt
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To: therightliveswithus

Welcome to the War on Merit.


12 posted on 01/12/2019 3:22:59 PM PST by Brooklyn Attitude (The first step in ending the war on white people is to recognize it exists.)
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To: therightliveswithus
We're getting to the point where publicly-traded companies start resembling public utilities when it comes to the level of excessive government regulation of both the business AND the ownership structure.

I work in an industry where the employers are a mix of privately-held and publicly-traded companies. I go to great lengths to minimize my involvement with publicly-traded companies -- even to the point of making career decisions to avoid working for them.

13 posted on 01/12/2019 3:25:19 PM PST by Alberta's Child (In the time of chimpanzees I was a monkey.)
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To: therightliveswithus; All
Rep. Waters doesn’t seem to understand that most (all?) of the powers now exercised by the Financial Services Committee are state powers that Congress has stolen from the states imo.

In fact, regarding politically correct federal policing of corporate diversity, the only powers that the feds have to deal with race and sex issues apply only to voting rights problems, evidenced by the 15th and 19th amendments.

So low-information Rep. Maxine Waters is unthinkingly trying to expand the already unconstitutionally big federal government’s powers.

Corrections, insights welcome.

Remember in November 2020!

14 posted on 01/12/2019 3:46:01 PM PST by Amendment10
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To: therightliveswithus

Diversity = Mediocrity


15 posted on 01/12/2019 4:02:03 PM PST by LeonardFMason
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To: 17th Miss Regt

Excellent idea. Complaints would be hate speech against the fantasy-identity community.


16 posted on 01/12/2019 5:51:48 PM PST by Chewbarkah
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