Posted on 06/04/2024 6:47:48 AM PDT by Oldeconomybuyer
NEW YORK (AP) — A U.S. federal court of appeals panel suspended a venture capital firm’s grant program for Black women business owners, ruling that a conservative group is likely to prevail in its lawsuit claiming that the program is discriminatory.
The ruling against the Atlanta-based Fearless Fund is another victory for conservative groups waging a sprawling legal battle against corporate diversity programs that have targeted dozens of companies and government institutions.
The case against the Fearless Fund was brought last year by the American American Alliance for Equal Rights, a group led by Edward Blum, the conservative activist behind the Supreme Court case that ended affirmative action in college admissions.
Blum applauded the ruling, saying “programs that exclude certain individuals because of their race such as the ones the Fearless Fund has designed and implemented are unjust and polarizing.”
Fearless Fund CEO and Founder Arian Simone said the ruling was “devastating” for the organizations and the women it has invested in.
“The message these judges sent today is that diversity in Corporate America, education, or anywhere else should not exist,” she said in statement. “These judges bought what a small group of white men were selling.”
(Excerpt) Read more at apnews.com ...
Same thing I said when President Trump allowed that skank, Stoney Daniel, to extort money from him to shut her big third sexual orifice up and still she didn’t shut up. The Porn Skank is the one Speedy Gonzalez should be sending to jail.
Discriminatory, illegal, wrong and unconstitutional. In addition, there have been special privileges for “minority-owned” businesses. They get priority when the government is looking to do business with a contractor. These privileges have existed for years, and are totally wrong and unfair.
Imagine a venture fund earmarked for White Males only.
The outcry and screams of “racist” would go all the way up and include the White House.
Discrimination is discrimination and the best way to end it is to end it.
Thank you, Judge Obvious.
The ruling is based on Section 1981 of the 1866 Civil Rights Act. The section was originally intended to prevent former slaves from being excluded in the making and enforcing of contracts. It is now being used to challenge programs intended to benefit minorities.
“if it’s a private company and it’s their money, why can’t they do what they want with it?”
I expect for the same reason that restaurants can’t have a sign, “Whites only”, and businesses can advertise a job that says, “Blacks need not apply”. Federal Civil Rights, I think.
The only “systemic racism” that has existed in the US for decades is against whites.
Grant = oh looks here. Mo money.
These “black business” grants are such scams. Just like Pigford.
When I lived in Texas post Katrina there were billions handed out for “black owned” businesses. The relocated Africans in America would collect massive grants and just rent some crappy empty storefront, throw a few dirty cloths on some racks, and claim it as a “NEW” businesses. They would fail in a few months when they stopped paying rent and the next would move in and repeat the scam. There was never a requirement to start a legit business or even stay in business. They just had to “start” a business and the money would flow.
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