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 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.
If the NFL is truly “America’s Game,” it should not involve itself in divisive social issues. Everyone should feel welcome to attend a game or watch on TV…
I do not know to what extent Goodell consults with the owners before going out and making his political statements. I suspect that at times he does not…
On Sunday afternoons (and now Sunday, Monday and Thursday nights, I guess) we should take a time out from politics. Democrats and Republicans, liberals and conservatives should be able to sit down together and watch football. In this way, the NFL provides
Following in the footsteps of cowardice exhibited by the NFL’s owners, coaches, and media partners, the league’s corporate sponsors remained mostly mute following the offensive display by players who disrespected the symbols of American freedom by kneeling during the Star Spangled Banner.
Friday night’s remarks in Huntsville, Ala. by President Trump, who called upon team owners to “fire” the “SOB” players who refused to stand during the anthem, was met with a firestorm of resistance. Depending on the team, the league-wide response by more than 200 of its players was for some players – and sometimes entire squads – to stay in locker rooms, sit on benches, interlock arms in unity or otherwise go missing during the flag-honoring ceremonies of games.
Besides showing condemnation towards Trump and his remarks in every way imaginable, the media has gone into its typical “what do you think” … Read More ➡
Since Cook accepted the Award, he has struck two blows against free expression, either one of which renders him as a completely inappropriate recipient.
Complicity in Chinese government censorship– On July 29, Apple removed all major VPN apps from the China apps store. VPN stands for Virtual Private Network. According to Jon Russell, a reporter for TechCrunch:
The App Store purge is hugely impactful because VPNs represent the only way that a China-based individual can bypass state censorship controls to access the internet without restrictions. The Chinese government effectively illegalized VPNs
The 10-pager composed by newly unemployed James Damore was provocatively composed (not due to inciteful rhetoric, but tempered reasoning), yet also was imperfectly executed. It would be difficult not to stumble when dealing with an extremely hot button issue over 3,000 words. Imagine you were assigned a thesis titled “Google’s Ideological Echo Chamber” with a subtitle of “How bias clouds our thinking about diversity and inclusion,” and see how you do.
Damore deserves credit for tackling head-on such an emotionally charged topic, with which he triggered a passion power-surge. The CEO of Google subsidiary YouTube, Susan Wojcicki, immediately responded at Fortune.com with a “what will I tell my daughter” screed, ignoring Damore’s salient points, and fomenting simplistic “gender bias” accusations.
“When I saw the (Damore) memo that circulated last week,” Wojcicki wrote, “I once again felt that pain, and empathized with the pain it must have … Read More ➡
With a certain reluctance, Chrysler Corporation accepted the Obama administration’s forcible transfer in 2009 of company stock to the United Auto Workers. The Auburn Hills, Mich.-based automaker now is feeling an aftershock. On July 26, Alphons Iacobelli, the company’s former labor negotiator, and Monica Morgan, the widow of UAW Vice President General Holiefield, were indicted in U.S. District Court for the Eastern District of Michigan for defrauding the UAW-Chrysler National Training Center of at least $1.2 million and likely much more. Prosecutors allege Iacobelli, who left Chrysler in 2015, wrote numerous checks from a center bank account to a shady nonprofit controlled by Holiefield, whose wife used much of the pilfered funds to finance her own enterprises and shopping sprees. Iacobelli and Morgan have pleaded not guilty. Another ex-Chrysler official, Jerome Durden, was charged separately and pleaded guilty yesterday.
Those who follow the U.S. auto industry remember all too well … Read More ➡