Corporate Responsibility Comes With Benefits
One year ago IndianaÂ andÂ ArkansasÂ were in the midst of a battle between “religious freedom” and LGBT civil rights. So divisive were bills conservative lawmakers had filed that they were making not only national but international news.Â
Battle lines were drawn but it really was only when two tech CEOs stepped in that the vast majority of Americans became engaged, siding with equality, not discrimination.
Marc Benioff, CEO of the $4 billion software firmÂ Salesforce,Â stood up to Indiana lawmakers, threatening to ban his employees from traveling to Indiana and warning lawmakers if the bill passed without LGBT protections he would make sure they felt it.
“We are forced to dramatically reduce our investment in IN based on our employee’s & customer’s outrage over the Religious Freedom Bill,” Benioff tweeted March 25, 2015. “Today we are canceling all programs that require our customers/employees to travel to Indiana to face discrimination,” he tweeted the following day.
He worked tirelessly in other ways too, reaching out to other CEOs and speaking on the issue to the media frequently.
Benioff was not alone.
Apple CEO Tim Cook made a rare and very public admonition in the form of a Washington Post op-ed,Â “Pro-discrimination â€˜religious freedomâ€™ laws are dangerous.” Cook, like Benioff, also had commented several times on Twitter, writing, “Apple is open for everyone. We are deeply disappointed in Indiana’s new law and calling on Arkansas Gov. to veto the similarÂ #HB1228.”
Now, a researcher is concluding that Cook’s LGBT rights activism actually helped, not harmed, his company’s bottom line.
â€œWhat we think makes this new is that many CEOs are now speaking out on controversial issues largely unrelated to the bottom line,” DukeÂ business school associate professor Aaron Chatterji tells the Washington Post.Â â€œIf youâ€™re a businessperson, why would you want to alienate a large percentage of your customers?â€
Chatterji and Harvard professor Michael Toffel “ran some online experiments to try to understand the impact of this social activism by CEOs,” the Post’s economicsÂ reporterÂ Jeff GuoÂ writes, adding, that the “researchers found that Cookâ€™s activism likely didn’t hurt Apple’s businessâ€”instead, it helped.”
When people were told that the Apple CEO had spoken out against Indianaâ€™s religious freedom law, they were more likely to say they intended to buy Apple products in the near future. By contrast, when people were toldÂ about one of Tim Cookâ€™s bland opinions on management philosophy, it had little effect on purchase plans.
“It seems that Cookâ€™s gay rights activism particularly motivated people to buy from the company,” the Post concludes.
Now, about all those Apple boycotts conservatives keep threatening…
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Watch: Republican Wrongly Tells Constituents ‘Of Course’ Inflation Is 40% in Ad Shopping, Complaining About Prices
A sitting U.S. Congresswoman who may have violated a federal conflict of interest law by incorrectly reporting receipt of $500,000 in stocks took a page out of Dr. Oz’s playbook Wednesday, cutting an ad showing her shopping – not for crudité, but for back-to-school supplies as she complains about prices while falsely claiming U.S. inflation is 40%.
Rep. María Elvira Salazar, Republican of Florida, who voted against the Inflation Reduction Act, recorded the ad (below) in Spanish with English subtitles inside a Target and posted it to her personal Twitter account.
In it she falsely states the rate of inflation. Current U.S. inflation is 8.5% annually. For the month of July it was at zero percent, which caused the annual rate to drop from 9.1% in June to 8.5%.
Many other countries have much higher inflation. The UK’s annual rate just jumped to 10.1%, a quarter of what she claimed the U.S. inflation rate is. Inflation is highest in Venezuela at 1198%. Sudan is at 340%. Argentina is at 51.2%, and Turkey is at 36.1%.
Congresswoman Salazar voted against the Inflation Reduction Act, as did every House and Senate Republican. Defensively, after she posted her video, on Twitter she wrote: “Let me be clear: the Inflation Reduction Act will do NOTHING to reduce inflation. Instead, it’s going to raise your taxes, send American jobs overseas, and weaponize the IRS to come for your hard-earned dollars.” All of which is false for the vast majority of Americans.
In a press release targeting Rep. Salazar the Democratic Congressional Campaign Committee (DCCC) announced the House passed “the Inflation Reduction Act, broadly popular legislation that will lower the cost of prescription drugs, health insurance, and everyday energy costs — all while reducing the deficit and carbon emissions, by making the wealthiest corporations finally pay their fair share.”
According to reported Insider, Salazar “appears to have violated a federal conflicts-of-interest law by improperly disclosing a 6-figure stock trade.”
“On June 10, Salazar disclosed in a congressional financial filing that, on February 14, she had received up to $500,000 worth of publicly traded stock in Cano Health Inc., a company that provides health care services for seniors.”
Watch Rep. Salazar’s video below or at this link:
Hoy es el primer día de clases en Miami-Dade y los precios de los útiles escolares están por las nubes. El aumento de la inflación en Miami es el resultado directo de las malas decisiones tomadas en Washington… ¡Los padres no pueden pagar esto!
— María Elvira Salazar 🇺🇸 (@MaElviraSalazar) August 17, 2022
Weisselberg Expected to ‘Criminally Implicate’ Trump Organization in Plea Deal Admitting to 15 Felonies: Reports
Allen Weisselberg, the ex-Trump Organization CFO who has worked for the former president’s family since 1970, is expected to plead guilty to 15 felonies and “criminally implicate” the real estate empire.
“The Trump Organization’s longtime chief financial officer will admit to conspiring with the Trump Organization and Trump Payroll Corporation in a 15-year tax fraud scheme while head of the company’s finances at a Manhattan Supreme Court hearing on Thursday,” the Daily News reports. “Allen Weisselberg is expected to criminally implicate Trump’s family real estate business when he pleads guilty to criminal tax fraud charges, a source familiar with the matter told The News on Wednesday.”
Weisselberg is also expected to agree to testify against the Trump companies, and agree to a five-month sentence at Rikers Island, the horrific New York City jail that is slated to be shut down by 2026.
The New York Times calls the impending plea deal “a serious blow to the company that could imperil its chances in an upcoming trial.”
This is a breaking news and developing story.
Dr. Oz Trounced in Newsmax Interview as Host Demands Explanation for ‘Wegner’s’ and ‘Crudité’ Ad
Republican Mehmet Oz is having a tough time in his entrance to Pennsylvania politics. The multi-millionaire celebrity TV doctor, running for a U.S. Senate seat, released a video which this week went viral with liberals – and his Democratic opponent, Lt. Governor John Fetterman – picking it apart.
In the video, an attack ad on President Joe Biden, who he is not running against, Dr. Oz says he’s shopping at “Wegner’s,” a grocery store that does not exist. Internet sleuths deduced he was shopping at Redner’s, although some believe he was at Wegmans — including a Newsmax TV host, who Oz did not correct.
Why did he get something as simple as the name of a beloved Pennsylvania grocery store wrong?
“I was exhausted,” Oz told Newsmax, after “campaigning 18 hours a day.”
He also admitted he gets the names of his children wrong.
Curiously, the 39-second video Oz recorded is from April, and it got criticized then, but he left it up – only for the Fetterman campaign to go after it again. Back in April it led to questions about his tremendous wealth, put at around $400 million, and calls of being a “carpetbagger,” as many say he actually lives in New Jersey, not Pennsylvania.
Inflation is hurting American families. Under Joe Biden, gas prices are skyrocketing and food prices are rising. We must stop the reckless spending. This is outrageous! Thanks a lot, Joe. pic.twitter.com/8kNil6upn8
— Dr. Mehmet Oz (@DrOz) April 6, 2022
Politico reports the Fetterman campaign “said it had raised more than $500,000 from the crudité video alone — including a sticker of the non-existent ‘Wegners.’ ‘Oz clearly has never been in a grocery store before. That’s why this is resonating with supporters across Pennsylvania,’ said Brendan McPhillips, Fetterman’s campaign manager.”
The Fetterman campaign appears to have created a “Wegner’s Groceries” account on Twitter, and is pounding Oz with snark.
First ad campaign pic.twitter.com/nzSGbr1mK1
— T.J. Harley (@tj_harley) August 16, 2022
Mmmmm 😋 crudité pic.twitter.com/SVqQDGOKEd
— John Fetterman (@JohnFetterman) August 16, 2022
— T.J. Harley (@tj_harley) August 16, 2022
Meanwhile, Pennsylvania voters do not appear to be impressed with Oz.
One Republican poll shows Fetterman beating Oz by 18 points.
“New poll conducted by GOP firm Public Opinion Strategies for Pittsburgh Works Together shows big leads for Dems in the PA Senate and governors races. Fetterman up 18 points over Oz,” reports Politico’s Alex Isenstadt. The Democratic nominee for governor, Josh Shapiro is up 15 points over Republican Doug Mastriano, he adds.
Back over at Newsmax, here was host Shaun Kraisman hammering Oz:
Asked about mispronouncing ‘Wegmans,’ Mehmet Oz: “I was exhausted…I’ve gotten my kids’ names wrong as well. I don’t think that’s a measure of someone’s ability to lead the Commonwealth” pic.twitter.com/OZDjy0iN4d
— Jason Campbell (@JasonSCampbell) August 17, 2022
“As you know, this video went viral,” Kraisman says, as Mediate reports. “You were at Wegmans going through the veggie aisle, essentially hitting on inflation and how things cost more, putting together a plate of crudité would cost you more than 20 bucks. You said that you were at Wegner’s – this is a very popular local grocery in this region called Wegmans.”
Kraisman later says, “I don’t mean to fixate on it, but just for those watching in Pennsylvania, you know how particular many people are about their groceries, what happened with Wegmans and Wegner’s? Can you explain that to them?”
“Yeah. I was exhausted. Well, you’re campaigning 18 hours a day. I’ve gotten my kids’ names wrong as well. I don’t think that’s a measure of someone’s ability to lead the Commonwealth.”
Kraisman also says, “it does get to the factor: Is Dr. Oz relatable to the everyday, hardworking American there in Pennsylvania?”
“We’ll do whatever we need to do to make sure the people of Pennsylvania respect what we’re about,” Oz replies, “and that we’re going to work as hard as we can to fix their problems. It’s what I’ve done my whole life. It’s what I’ll continue to do. I challenged my opponent. What have you done? Rolling your sleeves up in your own life to make life better for the people of Pennsylvania?”
Before he was elected Lt. Governor, Fetterman was elected mayor of Braddock, Pennsylvania, four times, and served for 13 years.
Oz concludes, “I’m the person who put us on the right track and addressed many of the challenges. Cost of living, crime, and our schools that afflict so many Pennsylvanians.”
Some have also questioned if Oz understands what job he’s running for.
U.S. Senators don’t have tremendous responsibility over their state’s cost of living, crime, and school issues. Nor do they “lead the Commonwealth,” as he said to the Newsmax host.
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