The woke “capitalists” on the Nasdaq inventory change are pushing to pressure its listed corporations to undertake leftist id politics. And the liberal media is salivating throughout it.
Nasdaq lately filed a proposal with the U.S. Securities and Trade Fee (SEC) pushing for obligatory racial and sexual variety guidelines for its listed corporations’ boards of administrators. The brand new guidelines, if adopted, “would require all corporations listed on Nasdaq’s U.S. change to publicly disclose constant, clear variety statistics concerning their board of administrators,” in response to Nasdaq.
Moreover, the foundations would require the businesses to “have, or clarify why they don’t have, at the very least two various administrators, together with one who self-identifies as feminine and one who self-identifies as both an underrepresented minority1 or LGBTQ+.” A number of retailers not solely pushed the story, however added their very own additions of leftist madness to spice up the narrative.
The Washington Post was the worst. As an alternative of simply reporting the information straight, its story shifted to outright leftist propaganda. The article headlined “Nasdaq pushes variety necessities for firm boards” stated, “That the composition of U.S. enterprise leaders doesn’t mirror the broader American inhabitants was highlighted additional earlier this 12 months throughout the nationwide protests for racial justice.”
In fact, The Submit would not need Nasdaq to mirror the broader American inhabitants by together with conservatives, Christians and different comparable teams.
If that wasn’t unhealthy sufficient, the liberal newspaper took a pointy flip into the loopy by fear-mongering about “systemic racism.” In keeping with The Submit, “The broader societal reckoning elicited pledges from many U.S. firms to do extra to fight systemic racism and study their roles in perpetuating inequalities in hiring, pay and promotion, fostering poisonous office cultures and client discrimination.” That is op-ed writing, not information, however that didn’t cease The Submit. Actually, the newspaper doubled down:
[C]orporate America has been seen as gradual to behave, raising skepticism about its dedication for change. In Silicon Valley, for example, the place variety reviews are already widespread, the information reveals most tech corporations haven’t considerably elevated the share of Black and Latino staff previously six years.
CNN was additionally horrible. Unsurprisingly. Its story on Nasdaq’s actions was ridiculously headlined “Nasdaq to Company America: Make your boards extra various or get out.” A Nasdaq spokesperson “stated it believes that at the very least 85% of its 3,249 listed corporations already meet the primary standards of the rule,” CNN nonetheless bleated that “boards are nonetheless a bastion of White male energy in company America.” In different phrases, even Nasdaq’s shift towards overt leftism wasn’t sufficient for CNN. [Emphasis added.]
Business Insider wished to get the anti-white male message throughout rapidly by bloviating in a long-winded headline: “Corporations whose boards are fully white males may very well be delisted from Nasdaq’s US inventory change underneath new proposals.” [Emphasis added.]
The Associated Press proved to be no higher. It used the Nasdaq information to complain about firm boards being dominated by white males too:
Nasdaq’s plan ups the stakes in what was already a widening push by shareholders and governments all over the world for extra variety on company boards, which typically are composed of largely white males,” [emphasis added.]
However complaining about “white males” on company boards wasn’t sufficient for AP. The outlet proceeded to attempt to advocate on behalf of Nasdaq’s insane measure by trying to normalize it as a possible profit to “monetary efficiency.” In keeping with AP, “It’s not only a sense of equity. Proponents say larger board variety can enhance monetary efficiency for corporations — and finally their inventory costs — by bringing in various opinions and voices and fostering a greater understanding of worker and buyer bases.”
Conservatives are underneath assault. Contact The Washington Submit at 202-334-6000, CNN at 1-(404)-827-1500, Enterprise Insider CEO Henry Blodget at email@example.com and The Related Press headquarters at 212-621-1500 and demand that they cease injecting leftist id politics into their information reporting.