Cowardly CEOs’ woke political activism is a PR gimmick

New York Post ^ | 17 Apr, 2021 | Charles Gasparino

[MtnClimber]

Hysteria, groupthink and a fair amount of hypocrisy are the key ingredients in a ­ruinous cocktail that has managed to intoxicate some formerly profit-focused boardrooms.

One day, it’s the Adena Friedman-led Nasdaq stock market demanding that its US-listed companies have fully diverse boards even as it ignores a Chinese company’s treatment of the oppressed Uighur ethnic minority. The next, it’s Larry Fink of BlackRock pushing President Biden’s green-energy agenda while hawking high-priced funds that invest in such boondoggles.

The latest episode of this farce involves Georgia’s new voter law, which we’re supposed to believe is the second coming of Jim Crow because it demands, among other benign inconveniences, that people have to show proper ID to vote.

Major League Baseball recently decided the law is so onerous that it needs to move the All-Star game out of Atlanta. Coca-Cola and Delta Air Lines issued statements in protest. Now, Yale management professor Jeffrey Sonnenfeld feels the need to weigh in on the ­debate, which he has characterized as “America’s Great New Awakening.”

That awakening appears to have manifested itself, oddly, when Sonnenfeld convened a Zoom meeting with a bunch of his pals in corporate America. Hundreds of CEOs then jumped at the chance to profess their outrage over the situation in Georgia and anywhere else that such Neanderthal thinking exists.

They signed a declaration under the heading “We Stand For Democracy,” as if IDs somehow suppress the voting (many studies show they don’t). Stories were leaked about who signed onto the effort and who did not, presumably to shame those who did not. A massive ad appeared in The New York Times and elsewhere.

Despite the fawning coverage of CEOs standing for democracy, the whole thing had a cheap PR-gimmick stench to it.

[GOPJ]

...under the heading “We Stand For Democracy,” as if IDs somehow suppress the voting (many studies show they don’t). Stories were leaked about who signed onto the effort and who did not, presumably to shame those who did not.

I'd like to see the list of people with the balls to stand up to the BS white liberal 'elite' crap... I'd be happy to buy their products.

Those who signed should hire limos to pick up people without an ID and assist them with getting one... I'll bet there's very few people without an ID. The fight wasn't about 'democracy or not - it was about having fair and honest elections everyone can trust.