Corporate Governance

Yelp to list businesses accused of racism

For those who don’t know, Yelp is a site that collects ratings about all manner of services – from restaurants, plumbers, electricians to hair salons. One can even search exclusively for black-owned businesses.

Yelp has now decided to add a function which alerts consumers of businesses accused of ‘racism.’

It wrote:

At Yelp, we value diversity, inclusion and belonging, both internally and on our platform, which means we have a zero tolerance policy to racism….Communities have always turned to Yelp in reaction to current events at the local level. As the nation reckons with issues of systemic racism, we’ve seen in the last few months that there is a clear need to warn consumers about businesses associated with egregious, racially-charged actions to help people make more informed spending decisions….Now, when a business gains public attention for reports of racist conduct, such as using racist language or symbols, Yelp will place a new Business Accused of Racist Behavior Alert on their Yelp page to inform users, along with a link to a news article where they can learn more about the incident.

What if Yelp incorrectly accuses a corporation/business of racism based on a false claim?

Remember what happened to Oberlin College?

The whole issue started when a student from Oberlin College was caught shoplifting two bottles of wine from Gibson’s Bakery while trying to buy another with fake ID. Allyn Gibson, son of the owner chased down the shoplifter but was attacked by his accomplices. The perpetrators claimed racial profiling by the store.

Oberlin College’s Dean of Students, Meredith Raimondo, joined in student protests calling Gibsons a “racist establishment.” It was then that Oberlein ended all business with the bakery (which had been an ongoing supplier to the college since 1885). Flyers were printed and the store attacked.

Several faculty staff joined the protestors who tried to shut down Gibsons despite the college president Carmen Twillie Ambar suggesting they were on private time and only representing their First Amendment rights, not representing the school.

After a police investigation turned over nothing to suggest racism on any level, Oberlin resumed its contract with Gibson’s but refused to publicly retract the accusations.

Gibson sued for defamation and won US$25 million. The three perpetrators admitted they’d made it all up and that the shop owner had a right to charge them for their crime. 

We will have no sympathy if Yelp falls into this woke trap and gets sued for falsely accusing innocent businesses.

Sinister Big tech’s intentional election meddling

Big tech is determined to tell users what they deem is suitable for consumption. The top screen grab is from Facebook. Head of Comms, Andy Stone, made it clear the social media giant would curtail the Biden conflict of interest news story under the guise of ‘fact checking.’

The NY Post article that surfaced overnight revealed emails from Hunter Biden’s PC which showed he was leveraging his then VP father’s relationship with Ukrainians execs.

Twitter went to an even more interesting approach to suggest the NY Post link was “unsafe” to prevent views.

What we do know from history is that the more efforts made to cover one’s tracks, the more one guarantees to raise awareness to those problems on a stratospheric level.

Ultimately, big tech firms were granted immunity from prosecution as they promised to be mere hosts of content without fear or favour. Now that they are using discretionary editing, they should lose their sanctuary status and be liable to prosecution for suppressing free speech.

These are deep-seated liberal activist platforms. As businesses they are free to exercise commercial decisions. However they don’t have a right to flaunt laws without real world consequences.

Today big tech crossed a line and outed themselves as interfering in the election.

NBA Game 5 2020 viewers -70% vs 2019

Rut Roh! It seems that all the political activism on the basketball court has seen NBA Game 5 drawing only 5.7 million viewers, according to TVLine, representing a nearly 70% decline from the 18.22 million viewers who tuned-in for Game 5 of the 2019 NBA Finals when the Golden State Warriors took on the Toronto Raptors.

No wonder the NBA is promising to keep its woke activities behind closed doors in 2021.

The NBA finally figured out that fans watch sports to distract themselves from politics and financial/marital/work stresses, not have it shoved down their throats.

#GetWokeGoBroke

Disney’s Double Standards

Never let social justice get in the way of the almighty dollar or RMB.

Disney is having a hard time explaining why it was happy to threaten to pull the company’s production apparatus from Georgia if the state passed a controversial ban on abortions performed after a fetal heartbeat is detected but was happy to shoot part of the film, Mulan, in the Xinjiang region in China where the government has been accused of oppressing the country’s Muslim-minority Uighurs.

Disney responded as follows:

The film is a celebration of female empowerment, based on a 1,500-year-old Chinese poem…The scenes in Xinjiang amount to just 78 seconds and were done to capture the region’s dramatic desert scenery and the historic Silk Road. Most of the movie was shot in New Zealand.

We don’t have an issue with corporations acting in the best interests of shareholders. We only wish they would be consistent in their application of social standards. Ideally, they should shut up.

Sadly, in an ESG consumed finance world, listed corporations are focused on making ever more woke gestures and statements to appease institutional funds who run guilt tripping rackets which coax gullible investors into thinking they are being socially responsible when in reality they’re forking over higher fees to line their pockets in a market structure ruined by low margins ETFs. It is a total con.

Open Letter to America from Australia

Dear America,

As one of your closest allies, we cherish our long term relationship. Long may it prevail. We have spilt blood together in the defence of democracy. Australia has always been the first country to sign up to support the US on the battlefield to protect freedom and liberty.

For a bit of perspective, we thought we’d subject what is going on over there to what Aussies call a “pub test.” It is a figure of speech which depicts bar patrons decide what passes as truth or fiction over a beer. After all, a drunk man speaks a sober man’s mind.

From the offset we want to declare we have absolutely no say in how any of you choose to vote. Nor do we want to have a say. Your future should be in your hands, not ours. Although we are struck by how many liberals from other nations demand you vote according to their wishes, not yours.

We hope that November 3rd can deliver a free and fair election where democracy is the only winner. We have our doubts here.

Sometimes a voice who has no say in the outcome can provide perspective. We have no skin in the game. We just hope to provide our view of things.

In Australia, we also suffer the daily musings of a left leaning mainstream media obsessed with clickbait over facts. Nothing as bad as what you have over there but the ideology behind it is the same. Steeped in identity politics and pushing woke causes.

Our journalists, like yours, believe that Twitter is an accurate representation of the majority. Nothing could be further from the truth. We often write that journalistic integrity will only return when the media loves Americans more than they hate Trump. Ours too. What used to be a profession that thrived on facts, now focuses on activism. How many obituaries of slain terrorists read like they were scholars and selfless philanthropists of the highest order?

Watching the VP debate this week, we heard Senator Kamala Harris make the absurd assertion that foreign leaders think more highly of Chinese President Xi Jinping than President Donald Trump. Really?

What many of you may have missed several months ago was that soon after our Prime Minister Scott Morrison proposed an independent investigation into China’s mishandling of COVID-19 outbreak, the Chinese Communist Party (CCP) retaliated with tariffs and one senior bureaucrat even went as far as to say Australia waschewing gum stuck to China’s shoe.

Aussies are stoic. To us that was a spit in the face. That annoyed us. We are sure it would rile Americans too. We maybe a small nation but we aren’t a bunch of pushovers.

Unfortunately, up to that date, our political class had long kowtowed to China because of the relatively huge size of the trading relationship with Australia. Expediency was put ahead of principle.

Since coronavirus, many Aussies, including our law makers, have come around to the same philosophy of Trump. All bets are off when it comes to China now. We’ve had enough. We don’t trust the CCP. No one wants to be insulted without reason.

Look, we understand President Trump has an unorthodox style to say the least. He can be petulant at times. He is prone to exaggeration and has a glass jaw. But he gets things done which is ultimately the main aim of his role, no?

Trump must be the only politician in living memory to be condemned for actually keeping his promises.

You don’t have to like Trump. After all who looks to their politicians for moral or spiritual guidance? Yet he is mercilessly attacked every single day by the media which often finds itself peddling false narratives. It seldom apologizes but surely American citizens must be growing tired of story after story about how the orange man is bad.

To us he is a breath of fresh air. No massaged or nuanced comments. Full blunt force. He doesn’t care who he offends. He only looks forward. We totally get that he ruffles feathers. Yet after decades of failed administrations, isn’t he a monster of their own creation? Didn’t they give birth to him? Had they executed on behalf of the American people, Donald Trump would never seen the light of day in the Oval Office.

We post a legitimate question. Can you honestly say that the Left side of politics in America has made a sound argument to the voting public as to why it considers itself the sensible, credible and morally superior alternative via its actions?

The Russia hoax – which now looks like a hit job which goes all the way to the top of the Obama administration – has revealed the sinister side of the establishment.

If this were Australia, no matter which party affiliation one supported, few if any would blindly accept such blatant collusion courtesy of taxpayer funded agencies seeking to pervert the course of democracy. We would demand those responsible be brought to justice and punish the party that indulged in the duplicitous behaviour.

You can be absolutely sure if Biden prevails, #Obamagate will be dead and buried forever. That is the sincere hope for the guilty parties. Who doesn’t delete their phone records by entering their password incorrectly? Who doesn’t take out indemnity insurance if they are following the letter of the law? Is it any wonder Obama is campaigning so hard for a man he took forever to endorse?!

Let’s not forget that Barack Obama even took to using John Lewis’ funeral as an opportunity to make a campaign speech during his eulogy. Crass. Michelle Obama has hardly graced herself talking about her “low grade depression” from her $15m Martha’s Vineyard mansion.

Even if you hate Trump, having him serve four more years to bring corrupt officials in public agencies to heel is the cheapest insurance policy Americans can pay. Failure to do so will mean that you openly authorize federal agencies to defraud you at will to remain in power. Jim Comey and friends never thought they needed to worry about their actions until Hillary Clinton lost 2016. His recent testimony was unbelievable.

We watched the Kavanaugh Senate confirmation circus in disgust. An accomplished man was besmirched in much the same fashion of Clarence Thomas in the 1990s. It was a farce.

The impeachment clown show led by Nancy Pelosi, who grinned her way through the ‘sombre occasion’, was a national embarrassment. Member of Congress, Rep Rashida Tlaib, promised to “impeach the mother f*cker!” What a disgrace to the office. She smiled on her way to cast her vote as if it was some sort of big joke. Recall the embarrassing moment where Adam Schiff chased after Jerry Nadler who stormed the podium to make his own closing remarks. Officials behaving like unruly teenagers.

Perhaps the biggest revelation to come from COVID-19 is not so much the virus but the overt display of power drunk Democrat mayors and governors. They have been borderline despotic and utterly hypocritical. These politicians live by the creed “rules for thee, but not for me!

Most recently, Nancy Pelosi got caught unmasked in a hair salon. Instead of accepting the double standard, she claimed she was set up and sought to legally ruin the business. True colours. Pelosi also showed how out of touch she is by revealing her $20,000 freezer full of boutique ice cream during lockdown when her district is in such squalor.

Who could forget Oregon Gov Kate Brown ordering child protective services on a hair salon owner who wanted to feed her family? What was the connection?

Or LA Mayor Eric Garcetti threatening to cut off the utilities of businesses defying lockdown. How pleased we were to see Californians let off July 4th fireworks in defiance of the order not to.

Or Seattle Mayor Jenny Durkan calling CHAZ a “summer of love” until it affected her personally. How we laughed at these protestors demanding supplies from the functional democracy they sought to overthrow.

Perhaps the most disgraceful episode of COVID-19 was the vile reaction from the left wishing death on Trump. Argue all you want about his handling of the pandemic but the Left’s derangement and unsuitability has been on full display. Do people that wish death on others show all the hallmark qualities of leaders capable of uniting a nation?

Never mind the actions of NY Governor Cuomo stuffing nursing homes with infected patients or then NYC Health Commissioner Oxiris Barbot cheerleading identity politics and encouraging people to reject Trump’s xenophobia instead of falling back on her own medical expertise. Orange man bad.

Then came the BLM protests.

The George Floyd incident united a nation. The majority of the public were well on side in fighting for justice and equality right up to the point where they ended up being attacked by the mob in restaurants, neighbourhoods, cars or even protecting their homes.

Peaceful protests gave way to looting, arson, carjackings, assault, shootings and violence. Statues were pulled down. Public and private property destroyed and defaced. Were Nancy Pelosi’s “people will do what they do” comments acceptable? Was talking 100 days after the violence started to condemn it when the polls started to swing sincere? Of course not.

How we felt sorry for struggling businesses under the jackboot of draconian lockdowns having to suffer a further kick to the guts, despite being innocent bystanders. The damage will be lasting. Sure BLM leaders might scream that insurance will pay for the looting now but they overlook the reality that premium hikes will all but guarantee they can’t reopen.

Cities that have been run by Democrats for half a century or more ordered their police to stand down. Is it any wonder that wrapping law enforcement in red tape has dire consequences? The fools sitting on the Minneapolis City Council gave us front row seats to witness how crime flourishes when liberal policies are applied. Who knew they’d be forced to reexamine their own self-inflicted wound?

Then liberals want to tell you that Senator Kamala Harris is a credible candidate. She openly sponsored and supported the MFF which has bailed out felons charged with rape, battery and sexually assaulting an 8-yo child. She even praised career felon Jacob Blake and his family, including his anti-Semitic father. That’s right, criminals are now the innocent victims in the minds of Democrats. It is your fault they stole your wallet.

Even worse this has led to a string of activist DAs across America who want to prosecute innocent parties before evidence is even heard. Think of the sinister behaviour of Fulton County DA Paul Howard who is covering up his own unethical behavior by framing cops who acted in the scope of the law he outlined during the arrest of Rayshard Brooks. Never mind that he was drunk, resisting arrest and fired a taser at the police because he knew he was going straight back to prison. No wonder the police unions are supporting Trump.

Think of Jake Gardner who was acquitted of murder in an act of self defence. Soon after an activist DA folded to mob pressure and prosecuted him with manslaughter, Gardner committed suicide.

Then the public was subjected to woke displays by the sporting codes. The NFL, NBA, MLB and others all joined in ramming politics down the throats of fans who had just paid hard earned money to distract themselves from the grind of life. How surprising that the NBA has just realised that lecturing fans is a bad idea and will remove overt displays in the locker room?

Oh to be lectured by Colin Kapernick who openly celebrated July 4th under Obama but lambasted it as a glorification of white supremacy this year. And Disney is going to give this serial victim a contract to produce a docuseries. Don’t even get us started o the hypocrisy of Alyssa Milano.

We don’t pretend that racism doesn’t exist. However when people like Jussie Smollett, Jonathan Lopez and Sabrina Belcher stage hate crime hoaxes we feel that the fight for equality is closer than it has been for decades of people are forced to conjure it. Hate crimes are a fraction of what they were 30 years ago.

Just look at Congresswoman Ilhan Omar who has pledged to dismantle the system. You know, the very system that rescued her from a Kenyan refugee camp and delivered her to the highest levels of government office. Hardly held back by systemic racism, wouldn’t you say?

When Joe Biden says “#YouAintBlack“, “poor kids are just as smart as white kids“, described blacks as “superpredators” in the 1994 crime bill, told Hispanics that their community is far more diverse than blacks or letting you know he is surviving lockdown because a black woman is restacking the grocery shelves, who is the racist? Trump has denounced white supremacy countless times. Listen for yourself.

We could go on and on with countless more examples including Nancy Pelosi’s recent wish to invoke the 25th Amendment. These people will stop at absolutely nothing to gain power. They care not one jot for you. Don’t forget that Nancy Pelosi felt so deeply for the loss of George Floyd that she called him George Kirby. Senator Chuck Schumer got it wrong too and guess what, YouTube has removed the video!

Yet another issue where Trump is 100% correct. Do you want some biased tech giant in control of what it deems you can consume? If these open platforms are taking on editorial decisions on what you are allowed to see, they should lose sanctuary status from prosecution. Surely you should have 100% control of what you view, read or hear without some apparatchik arbitrarily deciding for you.

As the debates have revealed, Joe Biden is a Trojan horse for a radically left agenda.

Your taxes will be raised, the Supreme Court will be packed and the GND is a formality. The Obamagate investigation will be buried and you can be assured the Democrats will embark on a 4-yr revenge fest based on their own.

We aren’t saying Trump is perfect. Far from it. Yet he hasn’t started a war, he’s got NATO to reach into their wallets, signed historic peace deals people like John Kerry said would never happen. He achieved record low unemployment rates for blacks, Hispanics and women. He is about to get pharma prices slashed 90% and is the only candidate that will hold China to account.

This is your country at stake. Ultimately we think that ‘lived experience’ will prevail. We think that Americans want their livelihoods back. They want the streets to be safe. They want honest cops. But they want honest politicians even moreso. They want prosperity. They want to have pride. They don’t want to be made to feel guilty for crimes they didn’t commit to people that didn’t suffer.

Say what you like about Trump, but from 10,000 miles away, none of you should expect a NY property developer to be the cleanest shirt. However the last four years of Democrat derangement have shown they are absolutely unfit to lead. Double standards, hoaxes and scandals backed by a hysteric cheerleading mainstream media.

Like Aussies, we know deep down Americans are a parochial and patriotic bunch. You have so much to be proud of and the last thing you need is to be lectured to by power mad career politicians with so little to show for other than lining their own pockets.

Do you want to die standing on your feet, or live on your knees. Because that is what is on the ballot.

God Bless America.

Regards,

FNF Media

Capitalism wins again. NBA to take wokeness off court in 2021

As ratings have plummeted since these overpaid social justice warriors took to ramming politics down paying fans’ throats, the NBA has decided it will take its woke messages off the court next season.

In what must have been the most predictable outcome imaginable, money has finally spoken. The question is whether the fans will come back?!

As we often say, people who support particular causes are willing participants right up to the point they are mercilessly shamed for not expressing outwardly in a manner the apparatchiks demand.

How soon until NFL, MLB and NHL follow suit? #GetWokeGoBroke

Really, Telstra?

Is this really a time for a blue chip Australian corporation to make jokes about the health of the leader of the free world and his wife? At what point do we jettison basic human decency?

We highly doubt the board approved this but the PR team has got rocks in its head to push something so crass.

If Barack and Michelle Obama had caught COVID-19 there is no way in the world Telstra’s woke PR team would tweet something like this. It would be drenched in poetic well wishes, support and a sped t recovery.

If Trump was to succumb to coronavirus, would Telstra tweet, “karma is a bitch“?

What a disgrace. Let’s not forget that Telstra is the major telecommunications company for the Australian Defence Force which is joined at the hip with the US as an ally. The government should ditch them for another provider with attitudes like that.

Scientific American endorses Biden – first time in 175 years

Wow. Scientific American has endorsed Joe Biden. This is the first time the magazine has backed a presidential candidate in 175 years. We think it may live to regret its move. The magazine has merely exposed the deep partisan bias and confirmed again how much of scientific academia and media leans left. Why?

The editors closed with,

It’s time to move Trump out and elect Biden, who has a record of following the data and being guided by science.”

If we listened to Joe Biden’s ‘Moses and the 10 Commandments’ speech the other day, it was full of unsubstantiated hyperbole about the risks of higher incidences of floods, hurricanes and wildfires if Trump is reelected despite the fact that under the current administration, harmful GHG emissions have fallen by the largest absolute number ever in 2019 according to the IEA.

For a magazine that rests its laurels on “following the data” and “being guided by the science”, perhaps it missed the UNIPCC’s March 2018 report on weather extremes (with respect to anthropogenic induced global warming) which noted:

…There is low confidence in observed trends in small-scale phenomena such as tornadoes and hail because of data inhomogeneities and inadequacies in monitoring systems…in some regions droughts have become less frequent, less intense, or shorter, for example, in central North America and northwestern Australia. There is limited to medium evidence available to assess climate-driven observed changes in the magnitude and frequency of floods…low confidence for the attribution of any detectable changes in tropical cyclone activity to anthropogenic influences..low confidence in projections of changes in extreme winds.. low confidence in projections of changes in monsoons…low confidence in wave height projections…overall low confidence because of inconsistent projections of drought changes…low confidence in projected future changes in dust storms…low confidence in projections of an anthropogenic effect on phenomena such as shallow landslides.

Perhaps the editors missed the questionnaire posted by the UN Interacademy Council committee on its website which invited interested parties to respond to the scientific processes at the IPCC during the compilation of the gold standard climate bibles? These were some of the responses;

some of the lead authors…are clearly not qualified to be lead authors.” (p.16)

There are far too many politically correct appointments, so that developing country scientists are appointed who have insufficient scientific competence to do anything useful. This is reasonable if it is regarded as a learning experience, but in my chapter…we had half of the [lead authors] who were not competent.” (p. 138)

The whole process…[is] flawed by an excessive concern for geographical balance. All decisions are political before being scientific.” (p. 554)

half of the authors are there for simply representing different parts of the world.” (p. 296)

Lest anyone think that people from less affluent countries were being unjustly stereotyped,

The team members from the developing countries (including myself) were made to feel welcome and accepted as part of the team. In reality, we were out of our intellectual depth as meaningful contributors to the process.” (p.330)

The founders of Scientific American must be rolling over in their graves. If their scientific rigour is as sound as their endorsement then Trump has even more chances to secure reelection.

This should be seen as a rejection of Trump not an endorsement for Biden.

California fires vs Australia

As wildfires sweep across California, we were struck by this infographic put up by Cal Fire.

While we will investigate more deeply in coming days, we were struck by several things compared to Australia’s NSW RFS.

The first is fire engines. Cal Fire claims to have 343. NSW RFS has 3,883. Although aerial bombing seems a preferred method in California.

Cal Fire employs 6,100 full time staff. NSWRFS 936.

Cal Fire has 2,600 seasonal staff, 3,500 inmates, wards and conservation members and 600 volunteers. NSWRFS has 71,000 volunteers.

Cal Fire operates on a budget of US$2.1bn. NSWRFS runs on US$405m.

Cal Fire attended 5,750 wildfire incidents while NSWRFS attended 9,675 bushfires in 2018/19.

Cal Fire staged prescribed burn offs of around 19,000 acres in 2017/18. NSWRFS conducted 469,500 acres of burn off in the last recorded year. In NSW’s case, this wasn’t enough.

So before the “climate change” experts start blaming Mother Nature for California’s wildfires, a quick glance at the stats shows that NSWRFS were doing far more with less. Despite that, the Royal Commission has exposed that nowhere near enough forest fuel was being managed which led to the uncontrollable fires experienced late last year. Poor administration is a feature too.

We will endeavor to do a more comprehensive look at the stats to ensure consistency in methodology.

However we implore people to look at a report we wrote discussing climate change by the fire services themselves which goes a long way in proving what we already knew. Poor fuel load management and arson remain the biggest issues.

As ever, we don’t disparage the work of the fire fighters but question the management. In Australia, one volunteer claimed the administration acts like a mafia.

NBA ratings crater

Last week, The Athletic published ratings for network NBA broadcasts which have declined by 45% since 2011–12. Games on TNT are also down by more than 40%, while ESPN’s ratings have gone down roughly 20%.

100% self inflicted wound. Get woke, go broke.