NLPC seeks to promote integrity in corporate governance, including honesty and fair play in relationships with shareholders, employees, business partners and customers. In doing so, NLPC places special emphasis on:
* Asserting that the social responsibility of the corporation is to defend and advance the interests of the people who own the company, the shareholders. True responsibility is fidelity to one’s own mission, not someone else’s, or someone else’s political agenda.
* Exposing the seeking of influence on public officials by corporations, which is the inevitable result of high levels of government spending and intervention in the marketplace.
* Combating practices that undermine the free enterprise system, including philanthropic giving to groups hostile to a free economy.
The National Football League, a model of fecklessness, has taken the art of surrender to a new level. Last Wednesday evening, November 29, a group of team owners and black players reached a tentative plan to divert at least $89 million over seven years to various radical organizations. The move, an effort to placate the now-ritualized theatrical pregame “kneel-down” player protests during the national anthem, was a gift to two groups in particular, the Players Coalition and the Dream Corps, the latter led by Van Jones, an Obama-era White House adviser. “No decisions have been made on where the money will go yet, much less all the money over the next seven years,” said NFL spokesman Joe Lockhart. His boss, Roger Goodell, meanwhile, won’t have to worry. Two days ago, he signed a five-year contract extension potentially worth $40 million a year.
If you are a corporate CEO and you receive a pointed letter about your business practices from two U.S. Senators, it will command your attention, right? And if one is a liberal Democrat and the other a conservative Republican, evidencing broad concern about whatever they are complaining about, don’t you just rivet straight up?
Apparently not if you are Tim Cook and your company is Apple. After all, Apple has a market capitalization approaching $900 billion and is the most admired brand in the world. Maybe you don’t have to pay much attention at all, even if the Senators are raising serious — and potentially explosive — questions about your relationship with the Communist government of China.
On October 17, Senators Patrick Leahy (D-VT) and Ted Cruz (R-TX) wrote Cook about the removal in July of Virtual Private Network (VPN) apps from the Apple store. VPNs allow users in China … Read More ➡
New York Attorney General Eric Schneiderman is holding a press conference at 1 P.M. today regarding the public comment process of the Federal Communications Commission (FCC) on net neutrality.
If his past comments and actions are any guide, he will use the occasion to criticize FCC Chairman Ajit Pai and the Commission’s plans to overturn the Obama-era net neutrality rules. According to Schneiderman, “For my part, I have long publicly advocated for strong net neutrality rules under the Title II of the Communications Act…”
We have conducted four separate forensic studies of the public comments, and we have found massive fraud. We do not have a position on net neutrality. We welcome an investigation into who is responsible for the fraud we exposed, but that investigation must be credible.
Schneiderman is hardly credible. He is a screaming partisan. It is hard to take him seriously. He would have you believe … Read More ➡
In what is universally agreed to be the National Football League’s worst year, both on and off the field, in anyone’s long-term memory, team owners appear to be ready to reward Commissioner Roger Goodell with a sizable contract extension.
The NFL’s reputation, for many years signified with pride by its “shield” logo, has been diminished by high-profile domestic violence incidents by some of its players; by increasing awareness of long-term brain injuries the game causes; and most of all, by widespread protests during the playing of the National Anthem before games, where many players have refused to stand with respect.
The response from the league’s formerly robust fandom has shown in both stadium attendance and television viewership. For the last several weeks, pointing out the high number of empty seats at games has become a sport in itself. As for those who used to enjoy Sunday afternoons in … Read More ➡
There was little suspense when the Federal Communications Commission (FCC) released its plan to lift the Obama-era “net neutrality” rules. The action was promised by now-President Trump during the campaign and by Ajit Pai, who he appointed FCC Chairman.
Critics of the move continue to cite the fact that the FCC received about 22 million public comments, despite the fact that we showed that a significant percentage were fake. Yesterday, FCC Commissioner Mignon Clyburn tweeted:
Who are the faces of #netneutrality? @FCC majority needs a reminder among the 22M+ comments filed are stories from #consumers#startups #entrepreneurs & others. Time to share their stories. One each weekday through 12/14.
If Clyburn really wants know “who are the faces,” we have the answers. In the course of releasing four separate forensic analyses of the public comments in the months leading up to the decision, we … Read More ➡
(The following is based on a speech presented by the author at the most recent annual meeting of the H.L. Mencken Club, Baltimore, Maryland, November 3-4, 2017.)
Why are corporations, especially those that provide information technology, promoting radical politics? It’s a question one increasingly hears these days. And it’s a necessary question. For it is a fact: The corporation as an institution, partly out of self-interest and partly out of conviction, is allying itself with the hard Left. And the consequences could be devastating for our nation as well as, ironically, corporations.
When I speak of “radicalism,” I’m not referring to businessmen using the State to achieve and maintain market advantage. Monopoly in this country is a more than a century-old tradition, and it is anything but radical. Nor am I referring to the more recent tradition of corporations paying radical accusers a “diversity tax” in hopes … Read More ➡
Ride-sharing giant Uber has hired former Associate Attorney General Tony West as its Chief Legal Officer because “he’s well equipped to handle the investigations of our past practices,” according to an email from Uber’s new CEO Dara Khosrowshahi.
West is at the center of a burgeoning scandal involving $1 billion collected by the government from big banks as settlements in mortgage-fraud cases. The money was not used to compensate victims or turned over to the Treasury. Instead, it was diverted to left-wing activist groups and political allies of the Obama administration. West served in the Justice Department from 2009 until 2014 when he joined PepsiCo.
Reaction to the looting of the settlements has been such that the House passed legislation this week that would prohibit payments to private third parties from settlement monies. The Justice Department had already adopted a policy barring such payments.
Last week, Senators Patrick Leahy (D-VT) and Ted Cruz (R-TX) wrote Apple CEO Tim Cook about his firm’s removal of VPN apps from the China app store in July. VPN stands for Virtual Private Networks, which when accessed through apps, allow Internet users in China to bypass government censorship.
NLPC raised this issue on September 19 when we asked the Newseum to rescind its 2017 “Free Expression Award “ that it made to Cook in April. The Senators’ letter also seizes on the Award and quotes Cook from that evening when he declared, “At Apple, we are just not allowing others to speak up, we are doing so ourselves.” The letter asks Cook to “Please provide copies of any statements that Apple has issued either promoting freedom of speech in China or condemning China’s censorship and surveillance mechanisms…”
The rest of the letter is equally pointed, and includes nine other … Read More ➡
Now that former CEO Jeffrey Immelt is fully out of the General Electric picture as both CEO and chairman of the Board of Directors, his replacement, John L. Flannery, is working to cut the costs many said would be among his first priorities.
The Wall Street Journal on Wednesday revealed (paywall) some of the excess under Immelt, the most sensational being that he sometimes had an empty corporate jet follow the one he was flying in, in case there were delays or mechanical problems. A GE spokewoman justified the practice by telling the newspaper that the “two planes were used on limited occasions for business-critical or security purposes.”
Whether or not the double-jet travel (what was Immelt going to do if his plane had problems – parachute to the other one?) was justified can be left to the judgment of the reader and … Read More ➡
By now the complaints are voluminous and widely known, but it’s become clear that popular social media Web sites YouTube (a Google subsidiary), Twitter and Facebook do not intend to end censorship of conservatives’ messaging and content on their platforms.
The highest profile example from this week is Twitter’s block of an ad by Rep. Marsha Blackburn, a Tennessee Republican, who announced her campaign to run for the Senate seat currently held by retiring Bob Corker. The nearly 3-minute video highlighted Blackburn’s conservative credentials, including the claim that she’s “100 percent pro-life.”
“I fought Planned Parenthood and we stopped the sale of baby body parts, thank God,” Blackburn says in the video advertisement.