Author: Scott Shepard

Target

Scott Shepard: As Target Plays Politics, Its Shareholders Take Aim

FEP Commentary /
Well, it’s finally happened. A company has strayed so far into politics, at the demonstrable and shattering detriment to its bottom line, that shareholders have begun a process that – unless Target mends its ways – will end in court ...
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power lines energy

Scott Shepard: What a Real, Fully Capitalist Energy Transition Would Look Like

FEP Commentary /
You don’t really need me to tell you this, but the usual-suspect, woke-capital CEOs and activist groups are lying when they claim that their wholly political campaign to kill off reliable energy is somehow capitalism in action. For replete and ...
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Emperor Larry Fink

Scott Shepard: Is Emperor Larry Fink Silencing the Critics of His ESG Regime?

FEP Commentary /
It’s been clear since The World Economic Forum’s annual conference this winter that BlackRock CEO Larry Fink has tired of criticism of the globalist Davos regime and its principal satrapy, the Biden Administration in Washington. Recall his whining last year and again at Davos ...
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Scott Shepard: ESG Means Biden Administration Priorities Forced on Businesses

Scott Shepard: ESG Means Biden Administration Priorities Forced on Businesses

FEP Commentary /
Last week, Alabama State Sen. Dan Roberts (R-Mountain Brook) introduced a bill to keep Alabama’s tax dollars away from companies that discriminate according to ESG criteria. That’s great news for Alabama; the bill deserves broad support and speedy passage. Alabama ...
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Scott Shepard: It's Congress's Turn to Address Chase's Discriminatory Banking Practices

Scott Shepard: It’s Congress’s Turn to Address Chase’s Discriminatory Banking Practices

FEP Commentary /
Chase Bank (of JP Morgan Chase) discriminates on the basis of religion and viewpoint, and then lies and lies and lies about it. Nineteen state attorneys general have demanded that the company knock it off. Given that JP Morgan – already too-big-to-fail ...
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Bud Light

Scott Shepard: The Results Are Coming In For ‘Woke’ Corporate Policies, and They’re Messy

FEP Commentary /
As the 1979 General Election neared, the Conservatives hired the advertising firm of Saatchi & Saatchi to make artwork (for the ‘70s British equivalent of billboards) for the campaign. What they came up with was a drawing of a long line of ...
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SEC

Scott Shepard: A Failed SEC Must Be Wholly Rebuilt From the Ground Up

FEP Commentary /
It’s hardly news that Gary Gensler’s Securities & Exchange Commission (SEC) is partisan and corrupt in ways that resemble other Biden-era agencies, such as Lina Khan’s Federal Trade Commission (FTC) and the blackshirted FBI goon squad led by the execrable ...
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Chase Bank

Scott Shepard: As Banks Morph Into Utilities, Too Big To Fail Means Too Big for Bias

FEP Commentary /
Here we are, in another round of de facto bank bailouts. This time investors seem to be (rightly) losing their investments, but depositors are to be covered fully – as long as they bank at “systemically significant” banks. And investors at the ...
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BlackRock

Scott Shepard: An Open Letter to BlackRock Investors

FEP Commentary /
Dear BlackRock Investors: Larry Fink finally got around to a 2023 annual letter. In it he spends more than 9,000 words to confuse the picture about what’s really on tap for 2023: He knows he’s doing you wrong, violating his fiduciary ...
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Silicon Valley Bank SVB

Scott Shepard: SVB and ESG: The Big Picture Is Even Worse

FEP Commentary /
It quickly emerged after Silicon Valley Bank (SVB) was shuttered two weekends back that it had spent millions of shareholder (and, it appears, depositor) money for partisan political purposes that lie beyond the scope of its directors’ and executives’ statutory remit, including on ...
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