Nasdaq Threatens 75% of Listed Companies, Demands Minorities Be Appointed to Directors to Board – Or Else


US stock exchange Nasdaq proposed new rules to the Securities and Exchange Commission (SEC) that will require all US companies listed on the exchange to publicly disclose diversity statistics regarding their board of directors, and most companies would have to either appoint “diverse” board members or explain why they hadn’t done so in a letter, or possibly face de-listing. Social media critics pointed out that selecting directors based on their skin color, genitalia and sexual preference epitomized the bigotry most “diversity” measures claim to fight. According to the New York Times, 75% of currently-listed Nasdaq companies fall short of the proposed requirements.

Goldman Sachs, also part of the woke progressive movement, will no longer take a company public unless it has at least one “diverse” board member. Since September, the state of California has required companies headquartered there to have a minimum number of minority directors or face six-figure fines. -GEG

US stock exchange Nasdaq has warned listed companies they must appoint at least two “diverse” directors to their board – a ‘self-identified’ female and an “underrepresented minority” or LGBTQ person – or possibly face delisting.

Nasdaq revealed its plan to turbocharge diversity on its exchange in a proposal filed with the Securities and Exchange Commission (SEC) on Tuesday.

Under the proposed new rules, not only will all listed US companies be required to “publicly disclose consistent, transparent diversity statistics regarding their board of directors,” but “most” companies would have to either appoint “diverse” board members or explain why they hadn’t done so in a letter. 

The mandatory addition of “one [director] who self-identifies as female and one who self-identifies as either an underrepresented minority or LGBTQ+” appears to leave room for Rachel Dolezal-styleself-identification” as something other than white, male, or straight – a potential loophole for companies that prefer to keep their current boards. Non-US companies and small firms would be permitted to appoint two female directors instead.

Listed companies would be required to publish their diversity stats within a year of the SEC adopting Nasdaq’s proposal, and be required to have “one diverse director” within two years of implementation. Depending on company size, they would have four or five years to comply with the two-director requirement. Those who fall short can escape delisting only “if they provide a public explanation of their reasons for not meeting the objectives.”

Read full article here…




Leaders of Black Lives Matter Send List of Demands to Louisville Businesses for Gentrification

Black Lives Matter protesters, claiming that gentrification by White people has caused destruction of low-income Black communities, sent a letter to local businesses with the alleged goal of increasing diversity but with a more apparent goal of demanding money. Their letter demanded employing a minimum of 23% Black staff, purchasing a minimum of 23% inventory from Black retailers or donating 1.5% of net sales to a local Black organization . They also demand diversity and inclusion training for all staff members on a bi-annual basis. Repercussions if these demands are not met include boycotts, protests outside of the businesses, and placing tables out side of the business with Black proprietors selling competing items. Fernando Martinez, a Cuban immigrant who owns several restaurants, drew heat when he called these threats “mafia tactics”. Shortly after that, his restaurant was vandalized, proving that his appraisal was accurate. -GEG

Members of Louisville’s Cuban community rallied together Sunday in support of an immigrant-owned business in NuLu.

The owner of La Bodeguita de Mima, Fernando Martinez, came under fire recently after he publicly spoke out against a list of demands Black Lives Matter protesters gave to NuLu business owners.

“It doesn’t matter the color of your skin, your sexual preference. My son is gay and I am proud of him. For people to call me a bigot, a racist, it’s not right, it’s not fair,” Martinez said to the crowd of ralliers on the steps of his restaurant.

Others outside of the Cuban community also joined him at his restaurant  Sunday, saying they wanted to also speak out in support.

“We need to stand together and fight against anyone who’s trying to extort people who’s just trying to make a way in this country,” MeShorn T Daniels, founder of God’s Lives Matter, said.

The rally comes as the restaurant owner faced criticism for publicly calling the actions of protesters “mafia tactics” used to intimidate business owners.

“I’m not against the black community. We’re not as a community, as a business, against the black community,” Martinez said Sunday.

The protesters list of demands aims to improve diversity in NuLu and asked business owners to hire more black staff and undergo diversity training.

Supporters of Martinez said they also want to see increased diversity in NuLu, but wish the protesters would have gone about their demands differently.

“It’s just unethical and that’s not how you handle business. If you want help from someone, there’s a way of going about it, being diplomatic about it. But you don’t threaten anybody,” Ahamara Brewster, leader of the Revolutionary Black Panther Party said.

While counter protesters weren’t at Sunday’s rally, the restaurant says it’s faced “vandalism” and “extortion” in recent days since Martinez spoke out.

Read full article here…

Read the full demand letter here:




Liberal White Women pay $2,500 to Attend Dinners Where They Know They Will be Told They Are Racists

The Guardian reported that some liberal white women are paying $2,500 to be lectured on how racist they are. This is done by attending meetings called ‘Race to Dinner’, organized by Regina Jackson, who is black, and Saira Rao, who identifies as Indian American. So far fifteen dinners have been held in major cities across the US. -GEG

Liberal white women are allegedly paying $2,500 tithes to get lectured on how racist they are, at least if this story from the Guardian is to be believed.

From The Guardian, “Why liberal white women pay a lot of money to learn over dinner how they’re racist”:

Freshly made pasta is drying on the wooden bannisters lining the hall of a beautiful home in Denver, Colorado. Fox-hunting photos decorate the walls in a room full of books. A fire is burning. And downstairs, a group of liberal white women have gathered around a long wooden table to admit how racist they are.

“Recently, I have been driving around, seeing a black person, and having an assumption that they are up to no good,” says Alison Gubser. “Immediately after I am like, that’s no good! This is a human, just doing their thing. Why do I think that?”

This is Race to Dinner. A white woman volunteers to host a dinner in her home for seven other white women – often strangers, perhaps acquaintances. (Each dinner costs $2,500, which can be covered by a generous host or divided among guests.) A frank discussion is led by co-founders Regina Jackson, who is black, and Saira Rao, who identifies as Indian American. They started Race to Dinner to challenge liberal white women to accept their racism, however subconscious. “If you did this in a conference room, they’d leave,” Rao says. “But wealthy white women have been taught never to leave the dinner table.”

[…] It seems unlikely anyone would voluntarily go to a dinner party in which they’d be asked, one by one, “What was a racist thing you did recently?” by two women of color, before appetizers are served. But Jackson and Rao have hardly been able to take a break since they started these dinners in the spring of 2019. So far, 15 dinners have been held in big cities across the US.

I want to see the receipts.

I understand polls show liberal white women are the only racial group on the planet who view their own in-group negatively but dropping $2,500 on a dinner just to wallow in ethnomasochism seems like a bit much.

I reached out to one of the women named in the story but she didn’t immediately respond.

The women who sign up for these dinners are not who most would see as racist. They are well-read and well-meaning. They are mostly Democrats. Some have adopted black children, many have partners who are people of color, some have been doing work towards inclusivity and diversity for decades. But they acknowledge they also have unchecked biases. They are there because they “know [they] are part of the problem, and want to be part of the solution,” as host Jess Campbell-Swanson says before dinner starts.

Campbell-Swanson comes across as an overly keen college student applying for a prestigious internship. She can go on for days about her work as a political consultant, but when it comes to talking about racism, she chokes.

“I want to hire people of color. Not because I want to be … a white savior. I have explored my need for validation … I’m working through that … Yeah. Um … I’m struggling,” she stutters, before finally giving up.

Across from Campbell-Swanson, Morgan Richards admits she recently did nothing when someone patronizingly commended her for adopting her two black children, as though she had saved them. “What I went through to be a mother, I didn’t care if they were black,” she says, opening a window for Rao to challenge her: “So, you admit it is stooping low to adopt a black child?” And Richards accepts that the undertone of her statement is racist.

[…] In the conversation that followed the dinner, Campbell-Swanson, who couldn’t get her racist thoughts out, committed to writing a journal, jotting down daily decisions or thoughts that could be considered racist, and think about how to approach them differently.

Read full article here…




Tucker Carlson Blasts Goldman Sachs for Racial and Gender Discrimination

Goldman Sachs is America’s largest underwriter of initial public offerings (IPOs), the often lucrative moment when a private company goes public. The banking firm is now changing its policy from choosing its IPOs based on financial criteria to basing its criteria on race as the company has announced it will start “refusing IPOs if all directors are white straight men”. Goldman Sachs has also announced that its new diversity policy will not apply to Asia. ‘Diversity’ is a word used for virtue signaling, which costs nothing but deflects attention away from Goldman Sachs’ part in the financial crisis of 2008 in which 10 million Americans lost their homes.

Goldman Sachs is one of the largest investment banks in the world. It’s also America’s largest underwriter of initial public offerings, the often lucrative moment when a private company goes public

Goldman Sachs has always chosen its IPOs based on financial criteria and what was the best possible business decision. But not anymore. Goldman has decided to join the revolution. The company has announced it will no longer underwrite IPOs for companies whose boards contain too many white men, because white men are bad.

Except, apparently, for the white men who run Goldman Sachs. They’re the exception. They’re great.

CAROL ROTH: GOLDMAN SACHS WANTS A BOARD DIVERSITY QUOTA — HERE’S WHY IT’S A GOOD IDEA WITH A BAD TACTIC

Confused? Well, it gets even more muddled. Goldman Sachs has also announced that its new diversity policy will not apply to Asia. The leadership of Chinese companies tends to be utterly and completely homogenous. Diversity is definitely not their strength. And that’s fine with Goldman Sachs. In other words, homogenous boards are a sin when they happen here in America, but in China, they’re totally fine, not to mention highly lucrative.

Well, if all of this seems inconsistent, even hypocritical, don’t be surprised. Goldman specializes in that. The company’s website, for example, contains this preachy little sermon on gender diversity: “Goldman Sachs believes that when women lead, everything changes. In today’s world, gender equality is an economic imperative and supporting women’s economic empowerment and leadership opportunities will drive growth for our clients, our communities, our people and our shareholders.”

Read full article here…

Additional source:

https://www.zerohedge.com/markets/virtue-signaling-cheap-investment-goldman-sachs




California’s New Governor, Gavin Newsom, Moves His Family Away From the City and Avoids Policies He Forces on Others


California’s new Governor, Gavin Newsom, is a wealthy leftist who avoids living under the policies he forces on others. He has shunned the Governor’s mansion, which is walking distance to the state capital in Sacramento, in favor of a $3.7-million home in the suburbs, which requires a 1-hour daily commute with his entourage, thus, increasing his carbon footprint. He has moved to a predominantly white neighborhood, which means his children are deprived of the diversity in Sacramento schools, where children speak 43 languages, and 40% do not speak English at home. -GEG




Starbucks Now Welcomes Drug Addicts and Homeless Even if Not Customers

Starbucks introduced its ‘Third Place Policy’ that treats everyone like customers, even if they do not make a purchase. This is in response to being called ‘racist’ after two black men were asked to leave when they refused to buy anything. With this new policy in place, drug addicts and homeless are using Starbucks bathrooms to shoot up drugs. When employees complained that they were accidentally poked by dirty needles in blood-spattered bathrooms, Starbucks installed needle-disposable boxes in those bathrooms. -GEG

You’re gonna love the new Starbucks!

Starbucks is being forced to make a minor tweak several months after it implemented its social justice warrior “Third Place Policy” which means employees should consider anyone who enters the establishment a customer regardless whether they make a purchase.

As a result, homeless drug addicts immediately began shooting up heroin and other drugs inside of Starbucks’ bathrooms. Employees complained that the bathrooms would be blood-spattered and littered with needles at the end of the day.

Careful not to offend the homeless drug addicts who only use the establishment to shoot up, Starbucks unveiled a progressive solution after thousands of employees signed a petition.

Starbucks is installing needle-disposable boxes after the baristas were poked with syringes and found drug baggies and blood all over the walls in bathrooms,

Read full article here…

 

 




California Organizers of the Humboldt County Women’s March Cancel January Rally Because Participants Are ‘Too White’

Eureka, California: Organizers planning a local Women’s March in January pulled the plug on the event, because participants would have been ‘overwhelmingly white’, and they feared being perceived as non-inclusive.  More than 80% of Humboldt County is white.  The nationwide group has had recent controversies that include the Women’s March Washington state disbanding over its national leadership’s ties to Nation of Islam leader Louis Farrakhan.  The Rhode Island chapter split from its parent organization in May for the same reason. Women’s March Chicago organizers are skipping an anniversary rally due to lack of money and volunteers. -GEG

Organizers planning a local California Women’s March for January have pulled the plug on the event because attendees would have been “overwhelmingly white.”

Humboldt County organizers were considering hosting a rally in Eureka, Calif., on Jan. 19 to commemorate the third anniversary of the original Women’s March in Washington, D.C., held the day after President Trump’s inauguration in 2017. But they decided to can the event because of fears it would be perceived as being noninclusive.

“The local organizers are continuing to meet and discuss how to broaden representation in the organizing committee to create an event that represents and supports peoples who live here in Humboldt. Up to this point, the participants have been overwhelmingly white, lacking representation from several perspectives in our community,” the group said Friday in a statement. “Instead of pushing forward with crucial voices absent, the organizing team will take time for more outreach. Our goal is that planning will continue and we will be successful in creating an event that will build power and community engagement through connection between women that seek to improve the lives of all in our community.”

The group said Friday it was now “exploring holding an event in March to celebrate International Women’s Day.”

More than 80 percent of Humboldt County is white, according to 2018 data posted on U.S. Census Bureau’s website.

Read full article here…

 




Heather MacDonald Says America Is Being Taught to Hate Itself on College Campuses

Heather MacDonald is a lawyer, a scholar, and an author on race relations, immigration, policing and the diversity industry in universities.  She was prevented from speaking about policing at Claremont McKenna College in 2017.  She says that race and gender pandering is corrupting the university and is undermining our culture.  Students are being taught to hate the accomplishments of western civilization and to hate each other.  She says that the most preposterous delusion of all that students are taught to believe is that they are at risk of their lives from racism and sexism on a college campus.

College administrators are even more left wing than the faculty, and they are part of a massive bureaucracy that drives up college tuition.  For example, Jerry Kang, a lawyer specializing in systemic bias, hate crimes and affirmative action, is the Vice Chancellor for Equity, Diversity and Inclusion at UCLA and is paid more than $400,000 per year.  Diversity officers on campuses have nothing to do because bigotry is virtually non-existent.  American taxpayers are subsidizing the problem, and she suggests defunding universities.

MARK LEVIN, HOST: Hello America, I am Mark Levin, this is “Life, Liberty & Levin” with our great guest, Heather Mac Donald, how are you?

HEATHER MAC DONALD, FELLOW, MANHATTAN INSTITUTE: Fine, thank you, Mark. Thank you for having me on.

LEVIN: Well, you have a BA and MA in English. You have a JD. You are a lawyer, but you are a scholar in so many areas — race relations, immigration, policing in colleges and universities. And this is where I really wanted to delve in with you. You have a new book, “The Diversity Delusion: How race and gender pandering corrupt the university and undermine our culture.” This so relevant today, and you that argue toxic ideas first spread by higher education have undermined humanistic values, fueled intolerance and widened division in our larger culture. And I think we see this everywhere now.

MAC DONALD: We certainly do, the Kavanaugh hearings was an example that were all in gender studies 101 now, Mark. Virtually every aspect of the culmination of hysteria that greeted Judge Kavanaugh was perfected over the last decade on the college campus.

Above all, the preposterous mantra to believe survivors regardless of the evidence, regardless of due process. This is the campus rape hysteria that has been transforming the lives of males on campuses, creating an extraordinarily costly bureaucracy, moved into the real world and it is not going away, it’s only going to get worse.

LEVIN: What have our universities and colleges become? And when did this happen? I mean, they were always kind of liberal in the last several decades, but in some ways, they are not my phrase. They are almost sort of a Soviet-style system where there really isn’t free speech, you’re not allowed to challenge the so-called norms in the universities, where race and gender, seem to have a priority over other things and that sort of thing. When did all of this happen?

MAC DONALD: Well, the 80s was when it started in my view. That is when you got radical multiculturalism that hit. I was in college in 70s, I am grateful for because I was allowed to read John Milton, William Wordsworth and Shakespeare without anyone thinking to complain about the gonads and melanin of those authors. I got to lose myself in beauty, in greatness and sublimity.

Come the 80s, and students were given a license for ignorance. They were taught that the only thing they needed to know about book was the race and gender of author to know whether it was thoroughly dismissible without even being read and they could go to instead wallow in their own delusional oppression, and it has only gotten worse since then, and what we are doing is breeding the grounds for I fear, Civil War because students are being taught to hate, to hate the greatest works of western civilization, and frankly to hate east each other.

From the moment a student steps on a college campus today as a freshman or a fresh person, I should probably say, the bureaucracy is determined to drum in to that student’s head, identity politics, which says, he is either a victim or an oppressor. Oppressors are obviously most famously white males, heterosexual white males. The only way they can get out to of their oppressor category is to become an ally – an ally of the oppressed.

The most preposterous delusion of all of this is student actually believe that they are at risk of their lives from circumambient racism and sexism on a college campus. This is an environment that in traditional liberal terms is the most tolerant environment in human history for society’s traditionally marginalized groups.

Yet, there is a massive bureaucracy dedicated to cultivating in students this delusional sense of their own oppression, which then they carry with them, it’s a chip on their shoulder that prevents them from seizing the magnificent opportunities to learn, to read every book that is ever been written, and they carry this chip, this delusional victimology into world at large, and they are going around blaming American institutions of endemic racism and sexism, when that no longer is true.

Read full transcript here…

 

Video of Elijah Schaffer at USC asking students if they love or hate America:

 




University of Nebraska to Pay First Vice Chancellor for Diversity and Inclusion $250,000


Marco Barker was named to the new position as Vice Chancellor for Diversity, and will “shape the policies, protocols and practices needed to advance diversity, equity and inclusion in recruitment, retention, education and research efforts across the university.”  He will start April 1, and is set to earn $250,000 for the diversity position.  Critics are concerned that white conservative Christian males will be targeted for scrutiny.

The University of Nebraska-Lincoln announced eits first vice chancellor for diversity and inclusion, who will earn about $250,000 per year, the school said Monday.

Marco Barker was named to the new position Monday and will start April 1, according to the Omaha World-Herald on Tuesday. He is set to earn $250,000 for the diversity position, Nebraska spokeswoman Leslie Reed confirmed to The Daily Caller News Foundation.

Diversity officers, which can include some variation of a chancellor, provost, or dean, earn on average around $175,000 per year, according to Campus Reform.

Meanwhile, the median salary for physicians and surgeons’ is equal to or greater than $208,000, according to the Bureau of Labor Statistics.

The average salary for a diversity official is around $175,000.

Barker will lead the university’s diversity office to help “shape the policies, protocols and practices needed to advance diversity, equity and inclusion in recruitment, retention, education and research efforts across the university,” Nebraska’s website said.

“The vice chancellor reports to the executive vice chancellor/chief academic officer and serves on the chancellor’s cabinet, reporting progress on annual metrics on diversity and inclusion to the chancellor,” the school added.

Barker previously worked in other diversity roles at the University of North Carolina at Chapel Hill, Louisiana State University and Westminster College in Utah. He will also serve as an associate professor of practice appointment in educational administration, according to Nebraska’s website.

Read full article here…

 




Trump’s DOJ Reverses Obama-Era College Affirmative Action Diversity Policy

The Trump Administration is rescinding Obama’s affirmative action policy that encouraged colleges to consider race during the admissions process. The Department of Justice (DoJ) said that the executive branch cannot circumvent Congress or the courts by creating guidance that goes beyond the law. The Supreme Court last ruled that affirmative action was constitutional in 2016, but it could be subject to challenges in the future. The rescission of the practice is in response to a discrimination lawsuit filed by Asians against Harvard University.




British Medical Schools Turn Away Straight-A Students in Favor of Foreigners

British medical schools are turning away straight-A students who are forced to pay for training in Eastern Europe while the National Health Service (NHS) recruits doctors from the third world. A disproportionate amount of the foreign doctors are incompetent. The UK is training only half the number of doctors it will need by 2030. The NHS facing a shortfall of 10,000 doctors.

Straight-A students are being turned away from British medical schools and forced to pay for training in Eastern Europe, while the National Health Service (NHS) plunders the Third World for already-trained doctors instead.

The Daily Mail spoke to a number of star students who earned top A-levels and supplemented their CVs with spells volunteering at local GP surgeries, overseas clinics, hospices, and pharmacies — and even earned degrees in related fields such as Biomedical Science — who were turned away from British medical schools, despite the NHS facing a shortfall of some 10,000 doctors.

Department of Health and Social Care figures show that only 6,000 of 18,000 medical school applicants were awarded places last year — with many of the 6,000 likely going to foreign applicants, who have often been favoured over British applicants.

In fact, the Mail found that so many talented would-be medical students were being rejected that a cottage industry of English-language medical schools in countries such as Bulgaria, Romania, Ukraine, Armenia, and Georgia have sprung up to cater to them — but even this option is not available to youngsters who cannot afford the fees.

“[Studying medicine] was a dream — something I had set my mind to — and it felt like I’d done all I possibly could to achieve it,” said Molly Sandhu, who now pays £7,000 ($9,300) a year to a Bulgarian medical school.

“I’d got straight A grades in all the right subjects; I’d gone out and got the experience. What more was I supposed to do?” she asked.

The Mail cites research published this week by the Royal College of Physicians, which suggests that Britain is training only half the number of doctors the country will require by 2030 — with the NHS increasingly turning to foreign doctors to plug the gaps.

Read full article here…




Maine: Somali Gang Shot People in Park with Pellet Guns, then Beat a Father to Death

Lewiston, Maine: Somalians have been terrorizing people at a park, and recently shot pellets and BBs from a car at a group gathered there.  Several people pursued the gang and a fight broke out in the street.  A 38-year old father of two, Donald Giusti, was badly beaten during the brawl and later died. The teens were reportedly wielding sticks, bats and bricks. Police are investigating whether any racist words were exchanged during the beatings.

Back in May a mob of Somali youths beat park goers with sticks and fists in Kennedy Park in Lewiston, Maine.

The mob of at least 20 youths laughed as they beat two men in the park.
At least one man required medical attention.

Now this…
This past week a Somali mob drove past Lewiston park and shot pellets and BBs at a group gathered there.
Several people pursued the car from the park.

A fight broke out on the street and one father of two was killed.

Police are investigating to make sure no racist words were exchanged during the beatings.

The Press Herald reported:

The 38-year-old man who was badly beaten during a brawl this week in Lewiston’s Kennedy Park has died, state police said.

Donald Giusti of Lewiston died Friday afternoon at Central Maine Medical Center, where he had been hospitalized since late Tuesday night when the fight erupted.

Friends of Giusti, a father of two, described him as a former brawler who had been trying to turn his life around…

Two groups clashed Tuesday on Knox Street after teenagers in a car reportedly drove past the park and shot pellets and BBs at a group gathered there, according to Sun Journal sources who said they witnessed the events.

Several people pursued the car from the park to Knox Street, where a melee broke out, the teens reportedly wielding sticks, bats and bricks, sources said.

Police are investigating to determine whether there were racial elements to the fight, an assertion made by many in the aftermath of the brawl.

Read full article here…