Comments on: How small woke groups exert pressure on the majority that disagrees, as well as on corporations

By: Abraxas

Abraxas — Tue, 06 Jun 2023 18:18:50 +0000

ESG (Environmental, Social & Corporate Governance) scores are a big topic in investment. Public pension funds, so far as I can see, do take ESG scores into account when investing money, though some states have acted to forbit that. Progressive unions like SEIU are also big promoters of ESG. HR departments, though, are the Trojan horse inside the corporate gates, and most CEO’s seem to give them a free hand or support their efforts.

By: David Foster

David Foster — Tue, 06 Jun 2023 15:37:52 +0000

Wendy Laubach…”In business restructuring, I worked with a lot of execs who seemed to care more about access to the capital markets than about generating revenue.”

Samuel Johnson observed that the prospect of being hanged in a fortnight tends to concentrate the mind wonderfully. I don’t know what the specific situation of these companies was, but if you’re worried about running out of money to pay the bills in a few weeks, getting enough new investment to keep going would surely rise to top-of-mind.

By: miguel cervantes

miguel cervantes — Tue, 06 Jun 2023 14:48:38 +0000

you might say that, I possibly couldnt

https://boriquagato.substack.com/p/late-stage-legal-plunder?utm_source=post-email-

By: stan

stan — Tue, 06 Jun 2023 14:31:04 +0000

This the reason that law lefties advocate that corporations maximize welfare for “stakeholders” instead of shareholders.

By: Wendy Laubach

Wendy Laubach — Tue, 06 Jun 2023 13:39:18 +0000

In business restructuring, I worked with a lot of execs who seemed to care more about access to the capital markets than about generating revenue. If the capital markets cooperated with them, both management and lenders appeared to be willing to ignore customers to a startling degree. Sometimes it seemed that customers existed to give someone the ability to generate income projections based on wild assumptions about what customers would be likely to put up with. It’s amazingly easy to lose sight of the basic problem of offering people a product so valuable they’re willing to give up their money for it voluntarily.

By: Barry Meislin

Barry Meislin — Tue, 06 Jun 2023 06:56:44 +0000

The danger currently facing the US….
Compare and contrast:
“The profoundly dishonest James Comey forgets the FBI’s corruption is now established fact”—
https://www.washingtonexaminer.com/restoring-america/fairness-justice/the-profoundly-dishonest-james-comey-forgets-the-fbis-corruption-is-now-established-fact
“No Surprise: FBI Director Playing For Team Biden”—
https://www.zerohedge.com/political/no-surprise-fbi-director-playing-team-biden
H/T Powerline blog.

I would imagine that the Democrats, the FBI, the entire Security Apparatus, the Deep State and the Corrupt Media BELIEVE that they are FIGHTING for the soul of America; that they are doing what they are doing to PROTECT and SAVE the country.
(Or maybe they’re just being entirely and pathologically disengenuous. That is, maybe it’s entirely an elaborate rationalization, a sugar-coated POWER PLAY.)

By: Barry Meislin

Barry Meislin — Tue, 06 Jun 2023 06:31:19 +0000

That’s quite a thread, David.
…With great comments.
Is the trend we are now seeing—private corporations giving ironclad support to Democratic Party policies across the board…and then being supported, in turn, BY the Democratic Party (AKA “Biden”)—akin to the increasing collusion between government and the corporate sectors, IOW a kind of Fascism?
Or was it always thus? (I would like to believe that it was not, or at least that the situation was NEVER AS INCESTUOUS—and hence almost seamless, and DANGEROUS—as it is now.)

People have already been using Eisenhower’s warning about the “Military-Industrial Complex” as a prescient precursor to what is happening today: a kind of militarized “Government-Media-Infotech Complex” that heavily influences—corrupts—the dissemination of INFORMATION thus affecting a wide spectrum of social features, perhaps most prominently EDUCATION, to create a kind of Fascist political and social reality WRT top-down, invasive power, leverage and control over the individual.
I’m not even sure it could be referred to as “soft fascism”.
More like a kind of Corporatist Socialism…with authoritarian features and totalitarian potential.
(Keeping in mind the CPC model…and Klaus Schwab’s fatal attraction to that model…along with the adherence of Western, and global, political leadership and governing class—in the US, in Canada in Europe—to Schwab’s nefarious WTF policies.)

By: David Foster

David Foster — Tue, 06 Jun 2023 02:42:43 +0000

miguel cervantes…”its a violation of fiduciary responsibility, but would they be prosecuted for it, certainly not in minnesota or california”

It’s a civil issue, not a criminal issue, no prosecutors involved.

These cases will likely be hard to win, management can always argue that what they are doing is *really* in the best interests of the shareholders, because attracting young employees, or whatever. Some of them are so egregious, though, that shareholder lawsuits on fiduciary responsibility grounds may stand a chance.

What this really is about is *abuse of authority*, which has become a widespread plague in our society:
https://chicagoboyz.net/archives/67862.html

By: steve walsh

steve walsh — Tue, 06 Jun 2023 02:18:06 +0000

Lola
The Kinks, 1970

I met her in a club down in old Soho
Where you drink champagne and it tastes just like Coca-Cola
C-O-L-A, Cola
She walked up to me and she asked me to dance
I asked her her name and in a dark brown voice she said, “Lola”
L-O-L-A, Lola
Lo-Lo-Lo-Lo-Lola

Well, I’m not the world’s most physical guy
But when she squeezed me tight, she nearly broke my spine
Oh, my Lola
Lo-Lo-Lo-Lo-Lola
Well, I’m not dumb, but I can’t understand
Why she walks like a woman and talks like a man
Oh, my Lola
Lo-Lo-Lo-Lo-Lola
Lo-Lo-Lo-Lo-Lola

Well, we drank champagne and danced all night
Under electric candlelight
She picked me up and sat me on her knee
She said, “Little boy, won’t you come home with me?”

Well, I’m not the world’s most passionate guy
But when I looked in her eyes, well, I almost fell for my Lola
Lo-Lo-Lo-Lo-Lola
Lo-Lo-Lo-Lo-Lola

Lola
Lo-Lo-Lo-Lo-Lola
Lo-Lo-Lo-Lo-Lola

I pushed her away
I walked to the door
I fell to the floor
I got down on my knees
Well, I looked at her, and she at me

Well, that’s the way that I want it to stay
And I always want it to be that way for my Lola
Lo-Lo-Lo-Lo-Lola
Girls will be boys and boys will be girls
It’s a mixed up, muddled up, shook up world
Except for Lola
Lo-Lo-Lo-Lo-Lola

Well, I’d left home just a week before
And I’d never, ever kissed a woman before
Lola smiled and took me by the hand
She said, “Little boy, gonna make you a man”
Well I’m not the world’s most masculine man
But I know what I am and I’m glad I’m a man
And so is Lola
Lo-Lo-Lo-Lo-Lola
Lo-Lo-Lo-Lo-Lola

By: huxley

huxley — Tue, 06 Jun 2023 01:30:00 +0000

The Big Picture I’ve come to:

* Society can be roughly divided into a power pyramid with three classes: upper, middle and lower.

* Currently the upper and the lower have become allied against the middle.

In the short term It’s a good strategy for the upper and the lower, since the middle has the most assets to loot.

In the long term it’s a bad strategy because societal stability depends on the middle class.

Après moi le déluge!