Posted on 04/19/2021 3:17:58 PM PDT by 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.
(Excerpt) Read more at nypost.com ...
You don’t say!
Coca-Cola is hiding the truth:
<><> soda sales have been declining for years, due to health-conscious consumers,
<><> this virtue signaling nonsense is a consequence of those declining sales, not the cause,
<><> they are desperately grasping at anything to try to offset their decline.
Brands go woke because they’re going broke!
Frontpage ^ | Mar 2021 | Daniel Greenfield
Posted on 3/3/2021, 5:10:13 AM by xzins
“Get woke, go broke”, is a conservative meme about the cost of political correctness that has it the wrong way around. Brands don’t go broke because they get woke, they go woke because they’re going broke, and don’t know how to stop the slow but steady collapse of their business.
(Excerpt) Read more at frontpagemag.com ...
It’s obvious why corporate American has caved to the left:
Upset the left and mobs will be freely allowed to burn your buildings and target your employees.
Upset the right, and nothing happens. They stole an election from us, and we did nothing. If we failed to act then, why would we do anything now?
I think that businesses that are not going broke, can change that by going Woke, though. The NBA and NFL were doing OK, then Colin Kaepernick came along. Now, 50% decline in viewership, ratings...revenue. They woke to bad news, it seems.
I don’t see how going full woke by pissing of the primary people that drinks their battery acid is going to boost sales.
Woke Blokes Choke Coke, what a Joke!
The Boycotts are not a gimmick.
They are real.
Go ahead Biden, raise the corporate income tax rate to 75%. Go woke go broke
“We Stand For Democracy,”
If they did, they would be supporting the ID laws enacted by a democratically elected representative legislature.
Instead they are anti democracy.
Its partially a PR gimmick. Its partially fear of the race-mafia giving them a shake-down.
If the choice is loud race-mongers like Sharpton or Waters at your HQ with corrupt media TV cameras in the immediacy of the moment, or a quiet boycott from conservatives which will not get any mainstream coverage, you may choose the former and try and decide which is more expensive.
But I admit - there’s also a lot of simply stupid, woke CEOs out there too.
They signed a declaration under the heading “We Stand For Democracy,” as if IDs somehow suppress the voting...
It was not part of their blood,
It came to them very late
With long arrears to make good,
When the Deplorables began to hate.
They were not easily moved,
They were icy-willing to wait
Till every count should be proved,
Ere the Deplorables began to hate.
Their voices were even and low,
Their eyes were level and straight.
There was neither sign nor show,
When the Deplorables began to hate.
It was not preached to the crowd,
It was not taught by the State.
No man spoke it aloud,
When the Deplorables began to hate.
It was not suddenly bred,
It will not swiftly abate,
Through the chill years ahead,
When Time shall count from the date
That the Deplorables began to hate.
Hat tip to Kipling.
.
As Michael Jordan said, "Republicans buy sneakers, too." Those morons need to realize Republicans buys (or shop) their companies, too.
Excellent point!
“I think that businesses that are not going broke, can change that by going Woke, though. The NBA and NFL were doing OK, then Colin Kaepernick came along. Now, 50% decline in viewership, ratings...revenue. They woke to bad news, it seems.”
There are a lot of miserable countries around the world who love to see us trashed by a Woke Company or a washed out actor/actress or former jock.
So the companies and washed out actor/actress or former jock.are often trying to get business from these losers, by try to trash our good things. In the meantime, they often lose market share in America with their B$! Those are lost $’s that they will never have nor get back.
“I don’t see how going full woke by pissing of the primary people that drinks their battery acid is going to boost sales.”
Yes, they will never recover those lost $’s due to their terminal Woke positions.
Good golly Charlie Gasparino, did Jamie Dimon send you bags of gold like he and his wife sent to Democrats? Your article is a whitewash of JP Morgan Chase and Jamie Dimon.
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