The lively “capitalists” on the Nasdaq stock exchange are pushing to force their listed companies to adopt a politics of left-wing identity. And the liberal media are salivating everywhere.
Nasdaq recently filed a proposal with the US Securities and Exchange Commission calling for compulsory racial and sexual diversity rules on the boards of its listed companies. The new rules, if passed, would “require all companies listed on the Nasdaq Stock Exchange to publicly disclose consistent, transparent diversity statistics with respect to their board of directors,” said Nasdaq.
In addition, according to the rules, companies would have to “have at least two different directors or explain why they do not have one, including one who identifies himself as female and one who identifies himself as either an underrepresented minority1 or LGBTQ +”. Multiple outlets not only pushed the story forward, but added their own additions of left-wing madness to further the narrative.
The Washington Post was the worst. Instead of just reporting the news directly, his story shifted to downright left-wing propaganda. The article, entitled “Nasdaq Urges Diversity Requirements for Corporate Boards,” states, “That the makeup of US business leaders does not reflect the broader American population was further highlighted in the nationwide protests for racial justice earlier this year.”
Of course, the Post doesn’t want Nasdaq to reflect the broader American population by including Conservatives, Christians, and other similar groups.
If that wasn’t bad enough, the liberal newspaper turned itself sharply into madmen by fear of “systemic racism”. According to The Post, “broader social payroll has led many US companies to commit to doing more against systemic racism and examining their role in perpetuating hiring, pay and promotion inequalities, promoting toxic work cultures and discriminating against consumers . ” This is op-ed writing, not news, but that didn’t stop The Post. In fact, the newspaper has doubled:
[C]America as a company has been rated as slow, which arouses skepticism about its commitment to change. For example, in Silicon Valley, where diversity reports are already frequent, the data shows that most tech companies have not significantly increased the percentage of Black and Latino employees in the past six years.
CNN was terrible too. Not surprising. The story of Nasdaq’s actions was ridiculous: “Nasdaq to Corporate America: Make Your Boards More Diverse or Get Out.” A Nasdaq spokesman said “it believes that at least 85% of its 3,249 listed companies already meet the first criteria of the rule,” CNN still said.Boards are still a bastion of white men’s power in American companies. In other words, even Nasdaq’s move toward the open left was not enough for CNN. [Emphasis added.]
Business Insider wanted to get the anti-white male message across quickly by bloviating in a lengthy headline: “Companies whose boards are all white men could be delisted from the Nasdaq US stock exchange based on new proposals. ” [Emphasis added.]
The Associated Press proved no better. She used the Nasdaq news to complain that corporate boards of directors are also dominated by white men:
Nasdaq’s plan adds to an already growing drive from shareholders and governments around the world for more diversity on corporate boards often consist of mostly white men, ” [emphasis added.]
But it was not enough for AP to complain about “white men” on corporate boards. The outlet tried to advocate Nasdaq’s insane move by trying to normalize it as a potential benefit for “financial performance”. According to the AP, it’s not just a sense of fairness. Proponents say greater board variety is possible improve financial performance for companies – and ultimately their stock prices – by bringing in different opinions and voices and promoting a better understanding of the employee and customer base. “
Conservatives are attacked. Contact the Washington Post at 202-334-6000, CNN at 1- (404) -827-1500, Henry Blodget, CEO of Business Insider at [email protected], and The Associated Press at 212-621-1500 , and demand that they stop incorporating Left-wing identity politics into their reporting.
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