Posted on 03/31/2021 7:41:01 AM PDT by Stravinsky
The chief executive of Delta, Ed Bastian, sent a letter on Wednesday to employees expressing regret for the company’s muted opposition to a restrictive voting law passed last week by the Georgia legislature.
“I need to make it crystal clear that the final bill is unacceptable and does not match Delta’s values,” he wrote in an internal memo that was reviewed by The New York Times.
...
Mr. Bastian went further, saying that the entire premise of the new law — and dozens of similar bills being advanced in other states around the country — was based on false pretenses.
“The entire rationale for this bill was based on a lie: that there was widespread voter fraud in Georgia in the 2020 elections,” Mr. Bastian said. “This is simply not true. Unfortunately, that excuse is being used in states across the nation that are attempting to pass similar legislation to restrict voting rights.”
(Excerpt) Read more at nytimes.com ...
“Weaponized corporate America. Customers need to respond with their wallets.’
The Democrats have weaponized the DOJ, IRS, SEC, and other federal agencies. If a corporation doesn’t get in line with the agenda of the day, investigations will be launched, with a media firestorm, the stock price will tank, and the board members will fear the federal and state governments will be investigating them as well. Even if the board members and high level executives are pure as the driven snow, three or four years of legal fees to defend themselves from government investigators will bankrupt them.
Boards have a fiduciary and legal obligation to maximize shareholder value. A protracted baseless “investigation” will cost a company millions of dollars, suppress the stock price, make vendors reluctant to do business with the company, and cause customers to look for alternative suppliers.
So today the CEO can get in line with the social justice warriors, thereby keeping the dogs away, or take a stand and reap the whirlwind. If the CEO doesn’t get in line, the board of directors will fire the CEO and put someone more compliant in place. Any CEO and board will take a 5-6% temporary reduction in sales over a multi-year DOJ/IRS/FBI/SEC fishing expedition accompanied by weekly news leaks suppressing the stock price. Likely the federal officials will also be putting the pressure on the firm’s banks and major customers as well.
Any backlash from conservatives will be short-lived. Look at the NFL. The audience is returning and the younger “woke” crowd will applaud anyway. Businesses know most conservatives are older and dying off. They are lining up with their progressive customers of the future.
This is today’s corporate America responding to the tyrannical state for self preservation.
If Delta does not like voting laws, then Delta should be in favor of anyone in the world being able to ‘proxy vote’ at the shareholder meetings whether they own a share or not.
“The entire rationale for this bill was based on a lie: that there was widespread voter fraud in Georgia in the 2020 elections,”
Well if that’s a lie Mr. Bastard,then Georgia has bigger problems than you or anyone else can imagine.
I’ve always maintained that for an industry that counts so heavily for good customer service, the airlines do a really bad job at it.
Can anyone board a Delta plane without picture ID? If not, why not? It must be traveler suppression and oppression!!!
So it is the responsibility of corporations to pass judgement on laws now?
If you feel that strongly leave GA. Dare ya.
Seems like this GA bill is just a sub battle of HR1. The Dems are planning on ramming through HR1 and are using GA as a “racist” strawman.
I can’t say I feel sorry for Kempt. This is the bed the GA GOP made. Now they get to lay in it.
Boy, he looks like Apple Tim Cook’s brother.
Who made this blithering moron a CEO?
Finally. I was waiting for a random CEO to chime in to tell me what the law says.
There is no use sugar coating it: big business is a whore.
So they don’t want to require ID for voting THAT THEY DEMAND TO GET ON AN AIRPLANE.
Delta is ready
FOR A BOYCOTT
tell them here
https://www.urbandictionary.com/define.php?term=Delta
******
Apropos, on Urban Dictionary.
“Who made this blithering moron a CEO?”
Equally blithering board of directors. Corporate America is junk.
Bastian: “I can’t believe the shareholders fired me! I don’t see how the shareholders had enough votes! The big shareholders had enough votes to keep me in the top slot - guaranteed! But when they counted the votes, I was fired! There were many more votes cast that there were shares. How is that possible?”
This is a lot of sound and fury, a nice distraction from the fact that the damn bill does nothing about the software issues.
Um, why is Delta involving themselves in something that isn’t their business? The corporations need to shut the hell up!
To be consistent they must oppose ID for flights.
Not fly Delta? Ok. What’s left? United purposely focuses on being a gay airline and American is totally unreliable if you have to make a connection. Southwest is great but it doesn’t go everywhere.
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