Free Enterprise Project April 2021 Newsletter

NO DISNEY MAGIC HERE, JUST HYPOCRISY
“Disney CEO Bob Chapek was quick to throw around words like ‘respect’ and ‘inclusion’ with shareholders, but he couldn’t explain how two actors on the same show said similar things but were treated substantially differently,” David Almasi commented after the Disney shareholder meeting. “It’s because he can’t. It’s obviously because Gina Carano is labeled a conservative, Pedro Pascal is a leftist, and Disney is part of the Hollywood blacklist.” Learn More

STARBUCKS LOST A LATTE BUT COVERS UP THE STAIN

At the Starbucks shareholder meeting, CEO Kevin Johnson dodged our question about the coffee giant’s financial losses due to protests and riots over the past year, while the company continues to give large amounts of money to organizations that contributed to that rioting and looting. “Johnson’s failure to address our question is hardly a surprise, but his silence carries dark portents for shareholders, indicating anew that the company has placed politics far above good business practices,” said FEP Deputy Director Scott Shepard. “Careful investors must wonder if Starbucks remains a responsible business that can be trusted with their assets.” Learn More
“MULTIRACIAL WHITENESS” GIVES THE GAME AWAY — WHY ARE CORPORATIONS STILL PLAYING?
The Wokesters pretend that their movement is about racial equity, but it’s really about hard-left politics — dressed up in racially divisive language.  The proof comes in its theory of “multiracial whiteness.”  Which makes Coke’s demand that its employees “try to be less white” even more racist and obscene.  Learn More
UNIONS SEEK TO BECOME GOVERNMENT
Organized labor leaders might not want to become a ubiquity in the workplace lest their governmental nature forces them to become more accountable.  Scott Shepard notes that organized labor crippled the small town where he grew up because strikes drove out two major employers. In hurting the American economy at large, “lax union-driven work rules” lower quality while increasing the cost of doing business. “Unions benefit from hobbling performance,” he adds. “It’s the slow and slothful who benefit from union insistence on slower production and protection against dismissal for incompetence.” Learn More
BOA MOYNIHAN’S “SHAREHOLDER CAPITALISM” METRICS REVEAL THE RUSE
Brian Moynihan, the CEO of welfare-queen Bank of America (BoA) has established a set of metrics by which, he boasts, investors and the public would be able to gauge, and companies should be required to report, the efficacy of the conversion to stakeholder capitalism. However, there are no metrics that ensure that corporations – which are rhetorically entreated by Moynihan, Fink, and others to act in the interests of “all stakeholders” – are taking the steps necessary to ensure that they objectively determine and genuinely act in accordance with the real concerns and wishes of all stakeholders. Learn More
FEP Director Justin Danhof recently spoke to a group of nearly 500 notable Christian conservatives, including nonprofit leaders, investment professionals, and politicians. Justin shared about the need for conservative interest groups to engage with the corporations that are corrupting American culture.


The National Center for Public Policy Research is a communications and research foundation supportive of a strong national defense and dedicated to providing free market solutions to today’s public policy problems. We believe that the principles of a free market, individual liberty and personal responsibility provide the greatest hope for meeting the challenges facing America in the 21st century.