Posted on 05/24/2019 12:39:39 PM PDT by Tolerance Sucks Rocks
By supporting a nonprofit that favors rationing health care, biotech giant Johnson & Johnson appears to violate its founding principles, a conservative shareholder activist says.
The activist brought this contradiction to the attention of the corporations CEO at a shareholder meeting last month, in what he hopes will become a model practice for other conservatives.
Conservatives can be effective in challenging liberals efforts to move major corporations to the left if they simply acquire some stock and speak up with facts, David Almasi, vice president of the National Center for Public Policy Research, said in a phone interview with The Daily Signal.
In recent weeks, Almasi and fellow activists also politely confronted executives of four other major U.S. corporationsAT&T, Bank of America, Amazon, and Twitterat shareholder meetings.
Often these days, corporate America has become a muscle and piggy bank for the left, Almasi told The Daily Signal. Sometimes executives do this for reasons of public relations, but in most cases, they are not helping consumers or their investors.
Were the ones yelling stop during these meetings and asking them to think about what they are doing and to ask themselves if they are giving a fiduciary benefit to their investors and customers.
In the past four years, the Free Enterprise Project of the National Center for Public Policy Research, a conservative think tank based in Washington, has made its voice heard in more than 100 shareholder meetings.
Amazon and Twitter, in separate shareholder meetings, this week rejected the Free Enterprise Projects formal proposal that their boards reflect true diversity.
The full text of the proposal, on page 33 of Amazons proxy statement, specifies ideological diversity on the board as well as diversity based on race and gender.
(Excerpt) Read more at dailysignal.com ...
PING!
I would love to see some well off conservatives buying a lot of a going liberal company's stock. Then attend an annual stockholders' meeting and drive the liberal CEO's and board members out of those companies.
Great points! These leftist bastards have been using the constitution against us and the founders’ intent for decades (bastardizing freedom of the press, religion, immigration, trade, etc) and now they’re using “capitalist” tools like publicly traded corporations to actually push their socialist agendas.
Because more conservatives have to WORK for a living, we don’t have time to push our agenda at corporate meetings like the red doper diaper trust fund babies of the left do. However, some of us are nearing retirement and might just take it up as a hobby.
What I’m doing is creating my own corporation and it will be Conservative since I’ll put the stock in DeplorableAmerica, Inc., the family run business.
The National Center is a great organization. I was privileged to know its founder, the late Amy Moritz Ridenour. Her husband David continues her tradition.
Comcast and Disney are serious offenders.
Stop remaining silent.
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