#corporategovernance

Social media giants poked the wrong rabbit

Zero sympathy and 100% self-inflicted wound. Trump warned the media behemoths and they thumbed their noses at him.

Trump’s executive order on social media giants will now remove the sanctuary status and open up these platforms for lawsuits based on shutting down free speech.

Some snippets from that order:

Twitter, Facebook, Instagram, and YouTube wield immense, if not unprecedented, power to shape the interpretation of public events; to censor, delete, or disappear information; and to control what people see or do not see.

As President, I have made clear my commitment to free and open debate on the internet. Such debate is just as important online as it is in our universities, our town halls, and our homes.  It is essential to sustaining our democracy.”

“It is the policy of the United States to foster clear ground rules promoting free and open debate on the internet.  Prominent among the ground rules governing that debate is the immunity from liability created by section 230(c) of the Communications Decency Act (section 230(c)).  47 U.S.C. 230(c).  It is the policy of the United States that the scope of that immunity should be clarified: the immunity should not extend beyond its text and purpose to provide protection for those who purport to provide users a forum for free and open speech, but in reality use their power over a vital means of communication to engage in deceptive or pretextual actions stifling free and open debate by censoring certain viewpoints

….Section 230(c) was designed to address early court decisions holding that, if an online platform restricted access to some content posted by others, it would thereby become a “publisher” of all the content posted on its site for purposes of torts such as defamation.  As the title of section 230(c) makes clear, the provision provides limited liability “protection” to a provider of an interactive computer service (such as an online platform) that engages in “‘Good Samaritan’ blocking” of harmful content.  In particular, the Congress sought to provide protections for online platforms that attempted to protect minors from harmful content and intended to ensure that such providers would not be discouraged from taking down harmful material.

It is the policy of the United States that such a provider should properly lose the limited liability shield of subparagraph (c)(2)(A) and be exposed to liability like any traditional editor and publisher that is not an online provider.

One can only imagine the lawsuits that will come their way if they continue like this.

The media will no doubt smash Trump over this but isn’t free speech all about strongly disagreeing with others but defending their right to say it?!

In all fairness, if the social media platforms are as honest as they claim they’ll have absolutely nothing to worry about.

The things we do for ESG inclusion

You know, whenever we encounter racism, sexism or homophobia, the very first thing that pops into our head to lead that fight is Halliburton. The things companies will do to boost their ESG/SRI and CSR scores.

If Halliburton feels so strongly about it, perhaps they should cease all dealings with those Middle Eastern countries where homosexuality carries the death penalty. We are confident the shareholders will approve giving up 28% of revenue. Although to be fair, Halliburton did specify there is no place for it at Halliburton or America. Anywhere else must be acceptable.

The hypocrisy. What next? A commitment to go carbon neutral?

Alienating the audience for good

At what point in the WNBA decision making process did these woke social justice warriors ever factor in how walking off the court before the national anthem was played may have alienated their ultimate paymasters – the crowd?

Watching sports used to be all about being a distraction from the grind of life. To zone out for several hours watching professional sports stats entertain. No thoughts about work, horrible bosses or financial pain. Just fun.

Now the politics in sport have become a bigger feature than the game itself. Perhaps these teams should back themselves in their ability to read the tolerance levels of their fans and require they wear BLM adorned clothing as a condition of entry.

We will have absolutely zero sympathy if these sporting codes collapse or find themselves in severe financial distress as a consequence of capitulating to this insidious ideology and biting the hand that feeds them.

When political correctness alienates half your audience

It appears that A&E Network decided to can it’s popular ‘Live PD‘ program about cops busting criminals and serving the community because it didn’t want to be seen to glorify the law enforcement profession.

As Forbes noted,

According to data from Nielsen, A&E’s prime time viewership between June 11 and July 19 was 498,000 people. That number is 49% less than from this period last year and the key demographics of adults 18-49 and 25-54 declined 55% and 53%, respectively.

At times, Live PD and it’s derivatives made up 85% of eyeballs for A&E which reached audiences of up to 1.9m viewers.

Seems like a case of corporate suicide. Let’s kneel at the altar of political correctness even when the paymasters weren’t asking for it.

Coon Cheese Cancelled

Never mind that the cheese was named after its American maker, Edward William Coon, the brand’s new owners, Saputo, will remove it on the basis of perceived racism.

Will the cancel culture mob demand that anyone with the surname Coon change it? Perhaps doxx them all until they issue an apology for their heritage.

Utterly pathetic. Yet more spineless corporations failing to stand up and defending brands with facts. Haven’t they seen Goya? Red Bull?

Yet another brand to avoid. We don’t have an issue with companies making commercial decisions. We just get tired of political correctness. #GetWokeGoBroke

How serious are the Redskins when they’re still selling merchandise with the logo?

Ultimately the Washington Redskins are a sporting franchise and the team website is still selling items bearing the Redskins name/logo, albeit at a discount. This is the same as L’Oreal removing the names of “skin-whitening” products but selling them anyway.

Makes us wonder if the management truly wished to reflect strict obedience to the cancel culture they would have immediately ceased the sale of these items too. They haven’t which speaks volumes about true commitment.

Put simply, the Redskins’ owners are proving to be unwilling passengers in this ordeal forced by sponsors and a sporting code which are holding them at gunpoint.

There is only one place the team and NFL are heading. The scrap heap. All so some woke liberals can appease some activists and feel good about themselves despite not creating one extra benefit to the very community they proclaim to support.

NFL turning the playing field into a political football

The NFL is making all the missteps to destroy the franchise. It thinks that introducing segregation will solve for racism.

The NFL is planning to play “Lift Ev’ry Voice And Sing,” dubbed the “Black national anthem,” ahead of “Star Spangled Banner‘ before all Week 1 games. Watch this become ahead of every game.

Why don’t Hispanics or other minorities that were victims of police brutality get their anthem played too? What about the trans community? Are they any less worthy?

According to ESPN, the NFL is also considering “listing the names of victims on uniforms through decals on helmets or patches on jerseys” and will likely “produce educational programs about the victims.”

What if some of those victims were armed and shooting at police? Will they be honoured? Will their true histories be taught or airbrushed as defenseless martyrs?

Before the NFL starts virtue signaling how “with the times” it is, do fans want to be lectured to by a league where 713 different players between 2000-2014 have been arrested for the following shocking list of charges – rape, murders, shootings, animal cruelty, prostitution rings, assault, robbery, illegal gun possession, DUI and resisting arrest.

Maybe list the names of those 713 players on uniforms for their crimes first.

There isn’t a soul on the planet who isn’t aware of what is going on. For the overwhelming majority of those who condemn racism, why do the left think drumming ever more sanctimonious activism is necessary? If the belief is such tokenism will swing racists, this identity politics based tribalism will force the exact opposite outcome of that intended. Shaming doesn’t work, especially if wrapped in hypocrisy.

If we were advising the Redskins response to Nike

Nike has stopped selling Washington Redskins gear and won’t resume sales until the NFL team changes its name.

Nike, alongside FedEx and PepsiCo have been put under pressure by activist investors. We can absolutely guarantee that the ultimate customers of money managers – individuals – want decent and sustainable returns, not woke virtue signaling.

Given investment houses often preach about the importance of accurate numbers, due diligence and shareholder returns, why not accept that over 90% of Native Americans have no issue with the name? Have Native Americans come out on mass demanding the name change?

The thing is that the majority demanding the change haven’t bothered to consult the very people who don’t appear to be bothered by it. Another typical woke liberal talking point to post to social media feeds to make themselves feel morally superior despite the fact that the majority don’t represent the very people they claim to.

What woeful governance practices to cave in to activists, who often don’t meet the very guidelines they demand of others.

Perhaps the Washington Redskins should return serve on Nike and demand that using a name from Greek mythology is cultural appropriation and not inclusive of the trans community. It should also request Nike stop making products that use cotton because of its links to slavery.

Furthermore, the use of synthetic materials that rely on the fossil fuels industry must be banned to show its commitment to combatting climate change.

The Redskins management should also demand that Nike force any staff member, executive, supplier, contractor or sports figure they sponsor not use Mercedes for its former links to slavery.

The cancel culture must apply across the board.

#PushBack. The corporate world has no place lecturing anyone on morals.

L’Oreal whitewashes 1,300 years of Japanese culture

L’Oreal is the latest company to fold to the cancel culture by removing removing the words white/whitening, fair/fairness, light/lightening from all its skin evening products. The cosmetics brand will still sell the creams which is basically as hypocritical as it gets.

If L’Oreal truly wanted to take a stand and put an end to systemic racism, it would dictate to its core customers that they need to check their bigotry and ban the creams as the tool to enforce correct behaviours.

The irony of skin whitening creams is that whites make up a tiny slice of users. Indeed Asian women make up the bulk of the buyers.

Did L’Oreal realize that during the Nara Period (710–94), Japanese women painted their face with a white powder called oshiroi? This was also documented in texts during the Heian Period (794–1185). White facial colour stood as a symbol of beauty then as it does today.

So that is to say the Japanese self-determined their own views on beauty over 1,300 years ago, before the country ever encountered “gaijin”, a name that came 500 years later when Kublai Khan tried to invade in the 13th Century.

You can learn more about the skin whitening cream market here. Note it also includes the wonderful success story of a black woman, Rachel Roff, who filled a gap in the market by targeting people of colour with products the racist (?) product developers at J&J never bothered to cater to because they deemed it uncommercial.

Never mind, you’ve been told by L’Oreal.

“Master bedroom” cancelled

The Houston Association of Realtors (HAR) has announced it will stop using the word “master bedroom” when referring to features of a house because it could be perceived a harking back to slavery. It will be replaced by “primary bedroom.”

What’s next?

Will university Masters degrees be changed?

MasterChef?

Master Builders Association?

Oprah’s Master Class?

The Masters golf tournament?

Master Locks?

Master Specs?

Master Projects?

Master Cleaning Services?

Master Shipwrights?

Rainbow Master Painters?

When will this cancel culture stop?