In a letter to BlackRock Chairman and CEO Larry Fink, the National Legal and Policy Center (NLPC) today asked the firm to divest its customer’s money from the137 Chinese companies currently listed on American stock exchanges.
BlackRock recently divested itself of certain companies that produce thermal coal in response to demands by anti-fossil fuel activists. In the letter, NLPC Chairman Peter Flaherty cites this “precedent” and argues that Chinese companies “that manufacture equipment for Xi’s surveillance state or that are dominated by the People’s Liberation Army raise even bigger ethical questions.” Here is the full text of the letter:
Because BlackRock is the world’s largest asset manager and you have championed the principle of divestment as a moral necessity, we ask that you divest your managed funds from the 137 Chinese companies listed on the three American exchanges.
All are under the influence and ultimate control of the Communist … Read More ➡
Twitter’s bias and inconsistencies in applying its rules and standards are getting ridiculous.
While Chinese government mouthpiece Zhao Lijian – who accused the U.S. military of being the source of the Wuhan virus outbreak – remains on the platform spouting propaganda, American users are being censored or shut down over alleged coronavirus “misinformation,” and for running afoul of the Left’s transgender agenda.
Lynnette Hardaway and Rochelle Richardson, who have become online celebrities with their entertaining pro-Trump duologues as “Diamond and Silk,” found their account blocked Wednesday after Twitter said they violated their rules, because they supposedly misled the public about public policy and how people should respond to the COVID-19 pandemic.
“The only way we can become immune to the environment; we must be out in the environment,” the rule-breaking tweet said. “Quarantining people inside of their houses for extended periods will make people sick!”
China is lying and propagandizing on social media (again!), and now because it is about the deeply troubling and threatening worldwide Wuhan virus pandemic, two members of Congress want the nation’s leaders banned from Twitter.
Should they be?
In a letter dated March 20th, Republican Sen. Ben Sasse of Nebraska and GOP Rep. Mike Gallagher of Wisconsin urged Twitter CEO Jack Dorsey to remove Chinese Communist Party officials from the platform because they are “using Twitter to disseminate propaganda in the midst of a dangerous global crisis.”
“While the coronavirus pandemic is afflicting families, governments, and markets around the world, the Chinese Communist Party is waging a massive propaganda campaign to rewrite the history of COVID-19 and whitewash the Party’s lies to the Chinese people and the world,” Gallagher and Sasse wrote.
The prime example that many have referred to is a March 12th tweet by Zhao Lijian, a spokesman … Read More ➡
National Legal and Policy Center (NLPC) is asking the National Basketball Association (NBA) to endorse the demands of the Hong Kong protesters.
In a letter to NBA Commissioner Adam Silver, NLPC Chairman Peter Flaherty wrote, “The league’s present position of neutrality on events in Hong Kong and China is morally untenable, and even that neutrality is fake.” The complete letter appears below.
On Monday night, supporters of the Hong Kong protesters demonstrated inside the Washington Wizards-Golden State Warriors game at Capital One Arena in Washington, DC. Sporting t-shirts and waving signs, the group chanted “Free Hong Kong.”
Flaherty stated, “The protests in Hong Kong are not going away. We are here to demonstrate that they are not going away here either.”
In October, Warriors President Rick Welts said on CNBC about the controversy, “I think this will pass, and I think our future in China is pretty remarkable.”
As member nations of the United Nations Framework Convention on Climate Change take their 25thstab at an international agreement to limit so-called greenhouse gas emissions, some American corporations are trying to make up for the absence of the United States as part of the deal.
President Donald Trump famously announced in June 2017 the U.S. withdrawal from the nonbinding Paris Climate Agreement, which was previously negotiated in 2015 with the willful participation of then-President Barack Obama. Even though the U.S. Senate never ratified the treaty, as is required, the U.S. acted as though it was legal and pretended to adhere to the accord. But then last month Trump gave formal notification to the U.N. of America’s departure from the pact, effective the day after Election Day, in 2020.
Apple Inc. and CEO Tim Cook have gone big in efforts to capture consumers and profits in the People’s Republic of China, so the current outrage from the rest of the world over its obedience to the communist government – as it cracks down on dissent – appears to be a minor irritant not worth addressing.
Following the NBA’s cowardice last week – as the normally media-savvy league known for outspokenness against injustice by its executives, coaches and players suddenly turned mute after a pro-Hong Kong tweet outraged the ChiComs – Apple acceded to China’s censorship wishes as well.
Have the corporate world and U.S. professional sports leagues finally gone too far carrying water for America-haters?
This week there has been a backlash against the National Basketball Association from China, following a tweet supportive of the pro-democracy Hong Kong protests by Houston Rockets General Manager Daryl Morey. After the immediate outcry, Morey deleted the tweet and the NBA and its partners began to grovel apologetically to the Chinese communists. The league has a reported $1.5 billion deal with a Chinese streaming company to broadcast its games, and an estimated 500 million citizens watched games last year.
Viewership isn’t all that’s at stake. Athletic shoe companies such as Adidas and Nike enjoy American support but desperately want to expand their audience and customer base overseas, especially to China. The hostile response to the tweet from the communist government threatens that market segment, where Nike took in an estimated $6.2 … Read More ➡
The intention was for Huawei to market the speaker outside of China, including in the United States, according to a report from the tech website The Information. The device would use Google’s popular Assistant technology for smart speakers. The report said the ties between the companies were “even closer than previously understood.”
Republican Sens. Tom Cotton (Ark.), Josh Hawley (Mo.), and Marco Rubio (Fla.) co-authored a letter sent Wednesday to Google CEO Sundar Pichai that sought answers about the tech giants’ collaboration on the project. … Read More ➡
Apple CEO Tim Cook claimed recently that he and his company do not engage in the dirty business of “politics” but only “policy.” He is supposedly above it all, guided instead by doing “what’s right.”
Cook acknowledges that some may not like his “policy” decisions, but that he thinks they admire Apple’s leadership for sticking to their principles. He added that the company only weighs in where it has a “legitimate position or lens on the issue,” like climate change, education, immigration, and transgender restroom policies.
“I think people appreciate that, even when they do disagree,” he said, explaining his beliefs about the role of business in public issues. “We do them out of believing deeply that they’re right and we do have a unique lens. We focus on the policy, not the politics.”
Cook has a self-serving definition of “politics.” It apparently does not include … Read More ➡
National Legal and Policy Center has submitted a shareholder proposal asking Apple Inc. to made a report on human rights, and specifically, free speech. The 2019 Apple annual meeting will take place in Cupertino, California in early 2019. Here is the text of the proposal and supporting statement:
Whereas, the Securities and Exchange Commission has consistently recognized that human rights constitute a significant policy issue.
Freedom of speech and association are fundamental human rights.
The Company operates in nations with systematic human rights abuses. The Company has abetted certain governments and non-governmental organizations in suppressing freedom of speech and association.
For example, our CEO in March 2018 co-chaired the so-called China Development Forum, sponsored by the Communist Chinese government. In December 2017, our CEO keynoted the World Internet Conference, another Chinese government event.
In February 2018, the Company transferred operation of its iCloud data center in mainland China to … Read More ➡