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.
There was one unfinished piece of business after Fiat Chrysler and French auto giant PSA had merged. And it was an expensive piece. On January 27, the Auburn Hills, Mich.-based automaker announced that it would plead guilty in Detroit federal court to conspiring to bribe officials of the United Auto Workers with millions of dollars in cash and gifts via its worker training center to discourage the union from raising demands during collective bargaining. The company also agreed to pay a $30 million fine and undergo three years of probation. At least eight persons were convicted in this scandal since the initial indictments of July 2017. Prosecutors had charged Fiat Chrysler earlier that day. The actions follow a joint probe by the FBI, the IRS and the U.S. Labor Department’s Office of Labor-Management Standards and Office of Inspector General.
Last month was momentous for the auto industry. On January … Read More ➡
As the president and his allies in the newly Democrat-controlled Congress eagerly start to impose their new power on the corporate world – the stoppage of the Keystone XL pipeline construction is just the first job-killing step – they will need allies to coerce compliance under threat of economic pain.
BlackRock, the world’s biggest money manager, has successfully placed executives from its own ranks in key positions on President Joe Biden’s economic team.
Considering the firm’s clear emphasis on progressive policies in investment decisions – called Environmental, Social, and Governance (ESG) – it doesn’t surprise that its alumni would be among the economic decision-makers at the White House.
The BlackRock veterans are:
Mike Pyle, who will be Vice President Kamala Harris’s chief economic adviser. He was BlackRock’s Global Chief Investment Strategist after a stint in the Obama administration.
Brian Deese, who will be director of the National Economic Council. He was previously deputy director and also a senior advisor to Obama. For BlackRock, he was global head of sustainable investing.
Adewale “Wally” Adeyemo, who will be deputy secretary of the Treasury Department, if he is confirmed by the Senate. He was Obama’s senior
NLPC Chairman Peter Flaherty is interviewed by Steve Gruber on America’s Voice about Big Tech censorship in the wake of Twitter’s permanent suspension of President Trump and the deplatforming of Twitter alternative Parler.… Read More ➡
As reports increased this year that China has greatly expanded its facilities that detain and utilize Uighurs as slave labor, new evidence indicates a key supplier for Apple Inc. is using transferred workers from among the Muslim minority ethnic group.
In an article published Tuesday by the Washington Post, the Tech Transparency Project revealed documents that indicate the Chinese government is transporting involuntary laborers from the region of Xinjiang – where Uighurs have been reportedly abused and undergo “re-education” to learn fealty to the communists – to a Lens Technology factory in Hunan, in central China.
The company has long manufactured cover glass for Apple’s iPhone.
Tech Transparency Project, a left-leaning nonprofit watchdog of the major Silicon Valley technology companies, based its findings in part on evidence deciphered from propaganda in Chinese media. Darren Byler, a research anthropologist … Read More ➡
This opinion article by NLPC’s Carl Horowitz appeared on Townhall.com:
Of all the ways that a Biden presidency and its radical apparatchiks could “reset” America’s priorities, none would be as lethal as an overhaul or outright repeal of the Constitution. Such an event seems unlikely for now. But should it materialize, Amazon will have enabled it. How so?
On October 16, Amazon Prime Video debuted a film version of the Broadway stage production What the Constitution Means to Me. Conceived, written, and starring veteran playwright-actress Heidi Schreck, the play, mostly a monologue, ran for a few months during 2019, packing the Helen Hayes Theater. It won rave reviews from “woke” audiences and critics, receiving two Tony nominations and a Pulitzer nomination. Amazon, sufficiently impressed, bought the movie rights. Marielle Heller (The Diary of a Teenage Girl, A Beautiful Day in the Neighborhood) directs the … Read More ➡
Not exactly the favorite social media platform of liberals – who think Facebook has granted President Donald Trump and his supporters too much liberty on the site to spread “misinformation,” “hate speech” and non-“expert” (think Anthony Fauci) opinions – Zuckerberg feels he has some making up to do with the Democrats he expects to be in power starting in 2021.
It wasn’t known at the time what influence Apple hoped to exert on the shaping of the bill, but considering the company’s extensive use of Chinese labor to assemble its products and their parts, the suspicion was that it hoped to ease any restrictions and penalties.
Now, two anonymous Congressional sources cited by the Washington Post say that Apple does want the legislation watered down.
The Act seeks to force companies to ensure that they or their suppliers do not use coerced labor from the persecuted Muslim Uyghurs in the Xinjiang region of China. The people group has reportedly been subjected to persecution, … Read More ➡
ShouldJoe Biden end up being the next President of the United States, former Alphabet (parent company of Google) CEO and Chairman Eric Schmidt has been talked about the most as his top advisor for tech issues.
The Financial Times reported last week that Biden is looking to the big names in Silicon Valley to create an in-White-House tech task force, led by Schmidt. The article said Biden has already hired away top executives from Apple and Facebook for his prospective transition team. And according to CBS News, his political team is advised by executives with tech firms formed by Schmidt and LinkedIn founder Reid Hoffman, both mega-donors for Biden’s election efforts.
Some far-leftists apparently held out hope that Biden might gravitate towards the Elizabeth Warren “break up Big Tech” perspective and embrace more big government regulation, especially after he approved an October … Read More ➡
Also indisputable is that Congress will be powerless to alter their behavior, with at least another two years of guaranteed gridlock preventing the removal of Big Tech’s exemption under Section 230 of the Communications Decency Act, which says the online companies are like telecoms AT&T and Verizon (meaning they are protected from litigation) rather than news producers like the New York Times and Fox News (not protected from litigation).
Sure, you can expect more hearings like the one before the Senate Commerce Committee the week before Election Day, in which CEOs Mark Zuckerberg (Facebook), Sundar Pichai (Google) and Jack Dorsey (Twitter) were berated about their corporate underlings’ bias and censorship.
But it was just a repeat of previous Congressional theatrics: a lot of noise, and no action.… Read More ➡