Why does corporate America celebrate Pride Month? And why does it do so in a country where there is still a significant split over the question of morality with regard to sexual mores? In this episode, Alex Blumberg explains why corporate America celebrates Pride Month, and why it s a good thing. And why we should do the same for the rest of the year, which is why we don t celebrate Gay Pride Month at all. And why is it that corporate America is more interested in pleasing the market than it is in serving the people? And what would be the best way to deal with the problem of corporate America supporting the LGBTQ+++ + divided by a + 2 + 1 agenda? Alex Blume explains why corporations should be neutral in their approach to sexual morality, and how that might be a better approach than what we ve been doing in the past, and what we could do to fix the problem in the future, if we were more neutral in our views on sexual morality and sexual identity. Music: Fair Weather Fans by The Weakerthans from Fugue Art: Mackenzie Moore Cover art by Ian Dorsch Editor: Will Witwer Logo by Ian McKinnon Music by Jeff Kaale (c) and Mark Phillips Editing: Matthew McConaughey Additional Compositions by Ian Somer ( ) All Rights Reserved Copyright 2019 by Dee McDonnell and Matthew McElroy We are working on a new song written and produced by David Fincher . Thank you for this episode of the podcast, and our thanks to our sponsorships! Our theme music is by , , and our ad music is by & ? is by John Rocha in our ad is by our sponsor, on (featuring our logo by . . and , by ) and our logo is , edited by ), and thanks to , our logo at , which is ? ? by our public relations and ) by ? , by the of , copyright to via , & , the , in the ) , & our from s , all , etc. is a , a ) and is .
00:00:00.000Ah, the anticipation grows for the most holy month of the year.
00:00:04.000Of course, I'm speaking of Pride Month, the month when we celebrate one of the seven deadly sins and all attendant sexual immorality connected with it.
00:00:11.000Actually, it might be two of the deadly sins, actually, depending on which ones we are counting here.
00:00:15.000But Pride Month is a time when we come together and we spend an entire month honoring LGBTQ plus minus divided by a sign, I, two-spirit, happy face emoji, sad face emoji, tilde people.
00:00:27.000About 30 times more than we celebrated all the soldiers who died to preserve our freedom.
00:00:32.000We have Memorial Day, but we do have Pride Month, which is like a month filled with days.
00:00:37.000And lest you think, wait, didn't we already have Pride?
00:00:41.000We had like Lesbian Visibility Day and we had like Transgender Awareness Week.
00:00:46.000There's been a lot of it this year, but Pride Month is, of course, it's basically the high holidays when it comes to secular morality.
00:00:54.000And so, just like Christmas time, when all of the stores decide that they are going to spruce up by putting Holly in the windows and Santa receiving children to give them their Christmas wishes.
00:01:08.000Just like that, Pride Month, we will festoon all of our corporate stores.
00:01:13.000Everything in America will be festooned with rainbows.
00:01:15.000Festooned with the new Pride Progress flags.
00:01:19.000We know that already because they didn't include enough BIPOC transgender little people.
00:01:22.000So we have to have the world's ugliest flag, the Pride Progress flag, which is the rainbow flag, but it has that weird triangle that comes in from the side, but also has some light pink and light blue on it, and all of the rest.
00:01:51.000In terms of people who believe in Judeo-Christian morality with regard to sexual mores.
00:01:57.000Isn't this a country where there still is a pretty significant split over the question of the morality of, say, whether a boy is a girl or a girl is a boy?
00:02:05.000Well, yes, there is, but not in the halls of corporate America.
00:02:09.000And then you might wonder, well, hold up a second.
00:02:11.000Isn't corporate America answerable to the people?
00:02:14.000I mean, after all, doesn't corporate America have to cater to the market?
00:02:17.000We've been told that capitalism turns everything into a matter of making money, and when you ignore half the audience in the United States, you're probably shrinking your audience size.
00:02:25.000If you just stayed neutral, wouldn't you be better off?
00:02:28.000Let's say you just didn't celebrate Pride Month.
00:02:29.000You didn't celebrate, like, Christian You didn't celebrate Christian morals and mores, but you also didn't celebrate Pride Month.
00:02:58.000We on the right, we've been engaging in a tactic where we pick and we choose a few corporations and we back them about the ears and that's good.
00:03:05.000But is that going to solve the overall problem of corporate America universally to a corporation backing the LGBTQ plus minus divided by sign I to spirit agenda?
00:03:46.000And so what they looked at was a fake corporation.
00:03:49.000They made up a corporation called Jones Corp.
00:03:52.000And they basically said that they created a few iterations of it.
00:03:56.000One was that Jones Corp was a conservative corporation.
00:03:59.000Iteration number two is that it was a neutral corporation.
00:04:02.000And iteration number three is that it was a left-wing corporation.
00:04:06.000For people who are on the left, if they perceive the corporation as either neutral or left-wing, they're basically indifferent about it.
00:04:12.000But as soon, literally the moment, that it identified in any way as a conservative corporation, there was a 33% drop in opinion among people of the left.
00:04:21.000That was not mirrored among people of the right.
00:04:22.000People of the right basically saw the corporation the same across the board.
00:04:27.000But people of the left saw these corporations as innately of the left, which means the neutral space has disappeared.
00:04:33.000And the right has responded by pointing out, OK, well, if you're saying the neutral space has disappeared and you are clubbing everybody from neutrality into the left, Well, then in order to restore neutrality, maybe we have to pull them back to the right.
00:04:43.000But maybe neutrality just doesn't exist anymore.
00:04:46.000Maybe these corporations aren't going to have a safe space where they can just, you know, provide you product without having to engage in this game.
00:04:53.000And unfortunately, that has become the case.
00:04:58.000A group of very elite people who get together on a fairly regular basis in the halls of power, and they decide for all of us exactly what social politics are going to be promulgated every time you go to Target, every time you go to Kohl's, every time you go to Disneyland.
00:05:12.000There's a broad-based agreement by investment capital firms that they are going to promote left-wing agenda items, and they're going to do it with the backing of government, but also in collusive fashion.
00:05:23.000They're going to get together and they're all going to universally push ESG, right?
00:05:47.000Because there's one thing they know above all, and that is that the entire ESG superstructure, the funding superstructure for this, is way larger than any individual boycott that conservatives can put together against Bud Light or put together against Target.
00:05:59.000So how exactly does this really corrupt system work?
00:06:04.000If you don't trust the federal government and how it's been handling money over the past several years, you might want to think about diversifying at least a little bit into precious metals.
00:06:12.000The fact of the matter is we have 40-year highs in inflation because all of these supposed experts are not really very good at their job.
00:06:18.000Right now, there are central banks around the world that are starting to diversify away from the U.S.
00:06:22.000dollar thanks to inflation, deficit spending, and of course, our insurmountable national debt.
00:06:26.000But gold is a great way for you to diversify against the vicissitudes of the U.S.
00:07:05.000Okay, so there is a superstructure that has basically decided how exactly all of these businesses are going to operate.
00:07:13.000That superstructure is dictated by the biggest investment firms on planet Earth.
00:07:18.000Those investment firms are essentially BlackRock, Vanguard, and State Street.
00:07:24.000According to Anson Frerichs, who's a co-founder of Strive Asset Management and a former Anheuser-Busch executive writing for the UK Daily Mail, He says that these three companies control more than $20 trillion in assets, almost none of which is their own.
00:07:39.000Instead, they manage the money held in everyday Americans' retirement accounts, pension funds, mutual funds, and investment accounts.
00:07:44.000Together, those big three constitute the largest shareholders of nearly 90% of all the largest companies listed on the U.S.
00:07:54.000So you have three companies that control $20 trillion in asset, and they're the largest stockholders in 90% of all the largest companies listed on the U.S.
00:08:09.000They collusively have formed an agenda together, and they've made clear this agenda.
00:08:14.000So let us flashback to just last year.
00:08:16.000BlackRock CEO Larry Fink talked about the necessity for the business elite It's just, you have to force behaviors.
00:08:33.000And if you don't force behaviors, whether it's gender or race or just any way you want to say the composition of your team, you're going to be impacted.
00:08:48.000Okay, so it's development, it's recruiting, and it is investment itself.
00:08:53.000Investing in ESG-positive companies has become the way that all of these major corporations, these major investment firms, BlackRock, State Street, Vanguard, that is how they control the narrative in the United States of America.
00:09:06.000Again, as Frerichs writes, The turning point was 2019.
00:09:10.000That year, the Business Roundtable, a group of CEOs from America's largest companies, adopted a new statement on the purpose of a corporation declaring that all companies share a fundamental commitment to all of our stakeholders to promote the larger social good.
00:09:23.000Among them were the CEOs of the big three and other large financial institutions like JPMorgan and Bank of America, and many of the companies they own.
00:09:29.000That includes Target, Disney, and Coca-Cola.
00:09:33.000The Big Three began to issue guidelines on how they expected their portfolio companies to honor this commitment by implementing those ESG targets or scores.
00:09:41.000And so they immediately started leveraging in left-wing social engineering into all of these companies.
00:09:49.000The Big Three wield enormous influence over pretty much everything that happens inside of these companies.
00:09:54.000And you know who knows that is Joe Biden.
00:09:57.000So according to Beth Brooke Marcianek, who's the board director and former global vice chair of public policy at Business for Social Responsibility, which is, again, an interest group that is involved in this sort of nonsense, Joe Biden approached Beth Brooke Marcianek and actually told her that companies should force change, that there was stuff he could not do at a governmental level because it would be a violation of free speech, but he wants government not to force the change.
00:10:21.000Government will work hand in glove with major corporations to force the kind of change that Joe Biden would like to see.
00:10:26.000So the PGLE, Partnership for Global LGBTI Equality, this is a group that was formed in collaboration with the World Economic Forum after five or six years of working behind the scenes with senior leaders at just a handful of companies.
00:10:41.000This organization was founded in January of 2019, but there's strength in numbers.
00:10:48.000So with the platform of the World Economic Forum, the power of the UN And then finally, the strength in the companies working together, where, when you combine our, the economies, the corporate economies of those 14 countries, we're bigger than most, a lot of countries.
00:11:06.000In Davos a couple of years ago, Vice President Biden met privately with those of us working behind the scenes, and he sat down with us and looked us in the eye, and he said, you can do, you companies can do what we government cannot, and will never do.
00:11:27.000You can essentially make it impossible to find a corporation that is not mirroring the left-wing social agenda when it comes to things like Pride Month.
00:11:35.000The organization that Beth Brooke Marcianek is referring to there, the PGLE, is the Partnership for Global LGBTIQ Plus Equality.
00:11:44.000Well, they're a consortium of 270 plus major businesses, including Accenture, Airbnb, Google, Pfizer, Paramount, PepsiCo, PayPal, Hyatt, Procter & Gamble.
00:11:54.000It's hard to find a major corporation in America that is not on that list.
00:11:58.000Well, they agree to abide by the standards of conduct.
00:12:01.000What are the standards of conduct for all of these major corporations that are quote unquote partners with the PGLE?
00:12:06.000Well, they have a few different standards.
00:12:07.000They're produced in collaboration with the Institute for Human Rights and Business, based on UN guiding principles on business and human rights.
00:12:13.000You got the UN dictating these particular standards.
00:12:16.000And those standards include the idea that businesses are encouraged to contribute to stopping human rights abuses in the countries in which they operate.
00:12:22.000So how do they define human rights abuses?
00:12:25.000Anything opposing the LGBTQI plus agenda.
00:12:27.000In doing so, they should consult with local communities to identify steps they might take, including public advocacy, collective action, social dialogue, support for LGBTIQ plus organizations, and challenging abusive government actions.
00:12:40.000So all these corporations have agreed to become tools of the left-wing social agenda.
00:12:45.000It doesn't run with their bottom line.
00:12:46.000It certainly doesn't favor the interests of their shareholders, all of whom theoretically should want to reach out to customers of all political persuasions and all religious persuasions.
00:12:54.000Now, the reason that they're doing this is because all of the major investment firms that own a giant chunk of their stock are left-wing institutions.
00:13:38.000Well, the answer is number one, again, all of these major corporations that are big stockholders in public corporations, they have decided that they are going to essentially threaten to withdraw their money and undercut your stock price if you refuse to do what they say.
00:13:51.000Not only that, but they've also institutionally captured places like the NASDAQ itself.
00:13:58.000So the Nasdaq itself approved a rule on August 6th, 2021 to encourage greater board diversity and to require board diversity disclosures for Nasdaq listed companies.
00:14:11.000It means that companies must disclose in a standardized matrix set forth in the rule The total number of company board members and how those board members self-identify regarding gender, predefined race, and ethnicity categories, plus LGBTQ plus status.
00:14:24.000You are mandated to have a certain number of LGBTQI plus minus divided by sign people on your board if you're on the NASDAQ.
00:14:31.000And if you don't, then you have to explain publicly why you don't have enough lesbian little people on your board.
00:14:38.000And the NASDAQ, they say that we are not going to necessarily delist you But they have to publicly disclose the reasons they did not satisfy the objective.
00:14:47.000Presumably, at some point, if NASDAQ does not like your explanation, then they got a problem.
00:14:53.000NASDAQ will verify that companies who provide an explanation in the event of non-compliance, they won't evaluate the disclosure from a substantive perspective.
00:15:00.000The next step will be the NASDAQ deciding that you don't have a sufficient justification for not having enough intersex little people on your board.
00:15:10.000They've captured the commanding heights of finance.
00:15:14.000And not only have they captured the commanding heights of finance, they've combined with government in order to do so.
00:15:18.000Because remember, there was an attempt at the state level in places like Florida to essentially ban the use of ESG in investment decisions.
00:15:27.000The Republicans in Congress tried to do this.
00:15:29.000The Republicans in Congress passed a bill essentially saying that from now on, corporations are answerable to their shareholders.
00:15:35.000They should not be using external factors like ESG to define their mission.
00:15:42.000And Joe Biden stepped in and said, nope, we're not going to do that.
00:15:44.000Joe Biden stepped in and he said, no, we're not going to allow that.
00:15:47.000ESG must be a defining factor of how investments get done.
00:15:50.000He literally said he wants that to happen.
00:15:53.000So you now have the merger of government and corporate interest in pushing a left-wing social agenda.
00:15:59.000And of course, if you're a big firm like Vanguard or State Street, you know where your bread is buttered.
00:16:02.000It's buttered by the federal government.
00:16:03.000The federal government, the SEC, governs you.
00:16:06.000Republicans don't use the SEC generally to threaten corporations one way or another, but the left certainly does.
00:16:11.000The left is perfectly happy to use the SEC to threaten mergers and acquisitions they don't particularly like.
00:16:16.000So, if you are State Street, Vanguard, BlackRock, sure, your leadership might be into ESG, but it very well might be the case that you just don't like regulatory agencies breathing down your neck.
00:16:25.000And so the bottom line here is that you now have a daisy chain of left-wing social engineering, beginning with government, bleeding over into the corporate sphere, beginning at the top of investment finance, and then moving into nearly every corporation in America.
00:16:38.000And again, all these corporations, they can get away with it just so long as conservatives basically remain complacent about all of this.
00:16:45.000It's also why corporations are able to force their own employees into silence.
00:16:57.000And things are very busy around the house.
00:16:59.000And so the idea that I'm going to be spending valuable hours of my day chomping on fruit and vegetables in order to actually get the balance of nutrition I need, that's very time consuming and I don't like vegetables.
00:17:09.000So instead, I rely on balance of nature.
00:17:11.000Balance of nature, fruits and veggies are a great way to make sure you're getting essential nutritional ingredients every single day.
00:17:16.000Through balance of nature's advanced cold vacuum process, the vitamins, minerals, and phytonutrients of the fruits and veggies are preserved.
00:17:21.000So you get that vital nutrition in each capsule.
00:17:23.000Balance of Nature is a whole food supplement with no additives, fillers, extracts, synthetics, pesticides, or added sugar.
00:17:27.000The only thing in their capsules is pure fruits and vegetables.
00:17:30.000Balance of Nature sends a bunch of their products down to the studio for my team to try.
00:18:30.000Why was it that one day, nobody even thought about this nonsense?
00:18:32.000And then the next day, literally every major corporation in America began asking you your pronouns and identifying the pronouns of its employees in their email sign-off lines.
00:18:46.000It's not happening through some sort of grassroots effort.
00:18:48.000It's happening because there are people at the top of the investment firms who are backed by people in government, and they are all coordinating and colluding in order to make sure that you must do what they say.
00:18:58.000And this is very scary because when it gets mobilized against particular individuals who don't have a lot of institutional power, people who work for corporations, you know, everybody has a job, right?
00:19:07.000It makes it very difficult to stand up against your corporation.
00:19:22.000And the answer is, it's very difficult to fight that machine because the machine will crush you.
00:19:29.000One of the beautiful things about Daily Wire is that we have our own machine here.
00:19:32.000We have a pirate ship and we can basically do what we want here.
00:19:34.000But that doesn't mean that we haven't had to navigate some pretty damned choppy waters and that those choppy waters won't continue.
00:19:40.000Because again, there is a tsunami and the tsunami is coming.
00:19:45.000It's a giant wall of water and it is moving toward all of us in unison, right?
00:19:49.000Because collusion is actually happening.
00:19:50.000Love likes to talk about corporate collusion.
00:19:52.000This is the highest form of corporate collusion that exists in modern civilization.
00:19:57.000Is every single major corporation acting in unison on controversial social issues, like whether boys are girls, girls are boys, and every form of sexual orientation is morally equivalent.
00:20:07.000In unison, without anyone, like lockstep.
00:20:12.000Goose-stepping forward, all in unison.
00:20:14.000I mean, it's an amazing, amazing thing.
00:20:17.000It is corporate fascistic ideology at work.
00:20:20.000Now, the left is always worried that corporations were going to turn everybody into the company man.
00:20:25.000But now they've captured the power of corporations, which is why you see them all rooting for Disney against Ron DeSantis these days, for example.
00:20:31.000It's why you suddenly see the Democratic Party talking about how big business is their friend.
00:21:08.000And yet they decided to slap Catholics in the face by hosting an LGBTQI plus minus divided by sign Pride Night featuring the Sisters of Perpetual Indulgence, an anti-Catholic hate group that is designed in order to mock Catholics with perverse displays.
00:21:24.000And then when they were clubbed from the other side, when they were clubbed by the left, they decided to go back and do it again.
00:21:30.000Well, now you have Certain members of the team who have decided to speak out and this takes actual courage as we'll see in a moment.
00:21:39.000So one of those people is a pitcher named Trevor Williams.
00:21:42.000He is a right-handed pitcher for the Washington Nationals.
00:21:46.000And he wrote, quote, As a devout Catholic, I'm deeply troubled by the Dodgers' decision to re-invite and honor the group of the Sisters of Perpetual Indulgence at their Pride Night this year.
00:21:52.000A Major League Baseball game is a place where people from all walks of life should feel welcomed, something I greatly respect and support.
00:21:57.000This is the purpose of different theme nights hosted by the organization, including Pride Night.
00:22:01.000To invite and honor a group that makes a blatant and deeply offensive mockery of my religion and the religion of over 4 million people in L.A.
00:22:06.000County alone undermines the values of respect and inclusivity that should be upheld by any organization.
00:22:11.000Creating an environment in which one group feels celebrated and honored at the expense of another is counterproductive and wrong.
00:22:15.000It is a clear violation of the Dodgers' discrimination policy, which explicitly states that any conduct or attire at the ballpark that is deemed to be indecent or prejudiced against any particular group or religion is not tolerated.
00:22:26.000It seems that the Dodgers have made an exception in this case, doubling down that this group, which grossly disrespects and openly mocks many of the traditions and beliefs Catholics hold most dear, should be celebrated.
00:22:35.000I believe it's essential for the Dodgers to reconsider their association with this group and strive to create an inclusive environment that does not demean or disrespect the religious beliefs of any fan or employee.
00:22:44.000I also encourage my fellow Catholics to reconsider their support of an organization that allows this type of mockery of its fans to occur.
00:22:49.000I know I'm not alone in my frustration, hurt, and disappointment about this situation.
00:22:52.000As Catholics, we look to Jesus Christ and the way he was treated, and we realize any suffering in this world unites us in him, in the next.
00:22:59.000Okay, I mean, that is a courageous statement by Trevor Williams.
00:23:02.000There's another MLB pitcher named Blake Treenan.
00:23:05.000Blake Treenan also put up a statement regarding all of this.
00:23:09.000Treenan, I believe, pitches for the Dodgers themselves.
00:23:17.000He put out a statement via one of his friends saying, quote, I'm disappointed to see the Sisters of Perpetual Indulgence being honored as heroes at Dodger Stadium.
00:23:24.000Many of their performance are blasphemous.
00:23:25.000Their work only displays hate and mockery of Catholics and the Christian faith.
00:23:28.000I understand that playing baseball is a privilege, not a right.
00:23:30.000My convictions in Jesus Christ will always come first.
00:23:32.000Since I have been with the Dodgers, they have been at the forefront of supporting a wide variety of groups.
00:23:36.000However, inviting the Sisters of Perpetual Indulgence to perform disenfranchises a large community and promotes hate of Christians and people of faith.
00:23:42.000This single event alienates the fans and supporters of the Dodgers, Major League Baseball, and professional sports.
00:23:47.000People like baseball for its entertainment value and competition.
00:23:49.000The fans do not want propaganda or politics forced on them.
00:23:52.000The debacle with Bud Light and Target should be a warning to companies and professional sports to stay true to their brand and leave the propaganda and politics off the field.
00:23:59.000I believe Jesus died on the cross for my sins.
00:24:01.000This group openly mocks Jesus, the cornerstone of my faith.
00:24:04.000I want to make it clear I do not agree with nor support the decision of the Dodgers to honor the Sisters of Perpetual Intelligence.
00:24:10.000But then there's the story of Anthony Bass.
00:24:12.000So he's a pitcher for the Toronto Blue Jays.
00:24:15.000He shared a post on his social media in which he encouraged the boycott of Target and Bud Light.
00:24:21.000He shared a video calling on Christians to stop patronizing those companies.
00:24:25.000The original video said, quote, Here's the reason biblically why I believe Christians have got to be boycotting Target, Bud Light, and any other corporation that's pushing the things they're pushing.
00:24:45.000I recognize yesterday I made a post that was hurtful to the Pride community, which includes friends of mine and close family members of mine, and I am truly sorry for that.
00:24:57.000I just spoke with my teammates and shared with them my actions yesterday, and I apologize with them.
00:25:03.000And as of right now, I'm using the Blue Jays resources to better educate myself, to make better decisions moving forward.
00:25:19.000You definitely have to cater to a tiny percentage of the population that is deeply offended by people who don't want the transing of the kids' material at Target.
00:25:27.000You have to cater to those people, not the other 98% of the American population.
00:25:32.000Okay, so, if the solution isn't really individuals just standing up, and if the solution can't really be only sporadic attempts to boycott particular brands, what is it?
00:26:46.000Meanwhile, Well, with all of this happening, what exactly is the solution?
00:26:51.000We've talked about this vast, collusive, quasi-conspiracy.
00:26:56.000It's not a conspiracy when they do it right out in the open and just say they're doing it.
00:26:59.000This vast, collusive group of people who have decided to leverage down, to cram down on the American public and the international public, actually, and on every major company in America.
00:27:24.000Well, as a consumer, obviously you can exercise choice and it does work from time to time when you do.
00:27:30.000And you can show corporations that they ought to be scared of the consumer.
00:27:34.000Bud Light, for example, is getting absolutely clobbered Apparently, sales are worsening.
00:27:39.000They had a staggering drop of 29.5% for the week ending May 20th.
00:27:44.000Data from Bump Williams Consulting and Nielsen IQ provided to Newsweek shows that sales by volume are down almost 30% for the week ending May 20th compared to last year.
00:27:53.000Sales are down 25.7% for revenue compared to the same at time window.
00:27:58.000Anheuser-Busch InBev stock is getting crushed since the start of April, beers are selling for pennies, and there is no end in sight.
00:28:04.000Now, it is worthwhile noticing here that one of the reasons why this has been a successful boycott and will continue to be a successful boycott is because the alternatives are readily available.
00:28:11.000Meaning, all you have to do, you're at the grocery store, you don't like Bud Light because Bud Light decided they were going to push Dylan Mulvaney, a man masquerading as a woman, as a spokesperson.
00:28:19.000So instead, you turn six inches to your right and you pick up some Coors.
00:28:23.000And actually what you can see is that Bud Light sales are down 25% and Coors Light sales are up 25%.
00:28:28.000Everybody moved from one brand to another.
00:28:30.000What happens when you're talking about a universal wave of companies all mirroring the Pride Month celebratory morality?
00:28:40.000The answer here is going to be a bevy of lawsuits.
00:28:43.000This is going to be legislation and lawsuits.
00:28:46.000Because what we are watching right now is illegal collusion between these companies.
00:28:49.000I've used the word collusion, but it actually is legal collusion.
00:28:52.000So there are two separate lines of attack that are going to have to be used legally in order to break up this corporate oligopoly.
00:28:59.000Line number one is going to be, this is anti-competitive.
00:29:02.000This is a violation of basic antitrust law.
00:29:05.000That's the case made by the Texas Policy Center.
00:29:07.000They say, the seminal antitrust law in the United States, the Sherman Act of 1890, prohibits every contract, combination, or conspiracy in restraint of trade or commerce.
00:29:15.000To protect consumers across the economy, courts have interpreted this law to prohibit unreasonable agreements in restraint of trade.
00:29:21.000Anti-competitive conduct enriches the few, members of a cartel, at the expense of everybody else, harming free markets, ultimately consumers, through higher prices and reduced output.
00:29:29.000Agreements between competitors to fix prices, divide markets, or engage in certain forms of group boycott agreements prevent competition on the merits and are therefore illegal.
00:29:39.000As former DOJ Antitrust Division head Megan Delrahim has written, anti-competitive agreements among competitors, regardless of the purported beneficial goal, are outlawed because they reduce the incentives for companies to compete vigorously, which in turn can raise prices, reduce innovation, and ultimately harm consumers.
00:29:53.000For example, there was a case called FTC versus Superior Court Trial Lawyers Association.
00:29:58.000A group of lawyers agreed to stop representing indigent criminal defendants in Washington, D.C.
00:30:02.000until the city government agreed to increase their compensation.
00:30:07.000They argued that this was a per se illegal conspiracy to fix prices and conduct a boycott.
00:30:11.000The lawyers defended their agreement as a justified strike in the public interest to increase the number of lawyers who could represent those particular defendants.
00:30:18.000The Supreme Court rejected the defense.
00:30:20.000So, you could easily see a situation in which there is a lawsuit against all of these companies, all of these organizations for their ESG nonsense, their collusive ESG nonsense.
00:30:34.000In fact, Bloomberg Law reported just a little bit earlier this month that insurers are now being forced to rethink their approach to climate change as they assess the risk of being sued for antitrust violations.
00:30:44.000Munich Re, the world's biggest reinsurer, recently backed out of the net-zero insurance alliance, citing what it called the material legal risks it would face if it remained.
00:30:51.000The defection was then followed by two more high-profile departures, with Zurich Insurance Group AG and Hanover Re also leaving.
00:30:56.000All three said they will still pursue net-zero goals, but not in coordination with the alliance.
00:31:01.000Because, again, they are afraid that they are going to be sued for collusion.
00:31:06.000Solution number two is somewhat similar.
00:31:07.000That would be a shareholder derivative claim.
00:31:09.000A shareholder derivative action is when shareholders Basically say that corporate officers are breaching their fiduciary duties.
00:31:16.000That your fiduciary duty is to maximize the profitability and the viability of the corporation in which I am a shareholder.
00:31:23.000Your fiduciary duty does not involve doing the work of the Gay and Lesbian Alliance Against Defamation, or the PGLE, or whatever ridiculous ESG organization you have decided to join.
00:31:34.000Their shareholder actions can include anything up to and including conflicts of interest between the corporation and insiders, wasting of corporate assets, Executive manager or board member breach of fiduciary duty?
00:31:47.000The law is going to be a solution to this.
00:31:49.000And the law will also be a solution in terms of legislation.
00:31:51.000It's one reason why Republicans are going to actually have to win.
00:31:56.000Because Joe Biden sits in the presidency right now, and President Biden has basically vowed that he was going to veto any ESG rule.
00:32:05.000You'll recall it was not all that long, it was March, when he rejected a Republican proposal to prevent pension fund managers from basing investment decisions on factors like climate change.
00:32:13.000Of course, because he's literally encouraging all of this.
00:32:16.000The House GOP tried to override that Biden veto, they just didn't have votes to do it.
00:32:22.000The override failed on a 219-200 vote along party lines.
00:32:26.000But if Republicans were to win the House and win the Senate and win the presidency, they could actually pass a law to ban ESG investing.
00:32:33.000Which would be necessary in order to restore competition in the marketplace.
00:32:37.000Also, presumably, the FTC could look at things like collusion if it were not ruled by members of the left wing.
00:32:43.000Because what we're watching here is not merely, you know, the press wants to portray this as just a shift in generalized American public opinion.
00:35:26.000He's staying on Truth Social because he's invested in Truth Social, which does, you know, raise a question about his priorities.
00:35:31.000Like, if you want to win a presidential race, why not appeal to the 87 million people on your Twitter page, as opposed to the five people who are still on Truth Social?
00:35:38.000But in any case, Donald Trump has had himself an interesting 24 hours.
00:35:42.000So over the last couple of weeks, He has been attacking Ron DeSantis, the governor of Florida and his nearest competitor, on the basis that DeSantis supposedly did a terrible job in Florida.
00:35:51.000In order to promote that idea, he has then been arguing that DeSantis did worse than Cuomo on mass death, which I guess makes Trump in favor of lockdowns and forced vaccination regimes because that's what Cuomo was in favor of.
00:36:51.000By the way, just so folks know, in terms of deaths per million population, deaths per million population non-age-adjusted, basically Florida and New York are essentially equivalent, and when you adjust for population age, because Florida's a really old state, Florida does better than New York.
00:37:04.000And they didn't kill their economy, like completely destroyed their economy.
00:38:19.000They're spending each and every day attacking DeSantis with alacrity.
00:38:22.000So apparently there is a band in Paramore.
00:38:24.000Since I'm not one of the kids, nor will I attempt to be one of the kids, I have no idea what Paramore is, how the word Paramore is defined.
00:39:24.000A lot of Dixie Chicks vibes right there.
00:39:27.000Remember that time the Dixie Chicks were like, we will oppose George W. Bush with every breath in our bodies, and then he won two terms as president.
00:41:03.000Charlemagne, also very angry at Ron DeSantis because he says that Ron DeSantis wants to throw more criminals in jail, and that's unacceptable.
00:41:10.000So let me be clear on the record to say that Ron DeSantis is pro-reoffend.
00:41:14.000He is pro-reoffend because anybody that is against this First Step Act, that means you basically want people to get out of prison without any tools.
00:41:22.000And I would ask Ron, I wonder does he feel like the people that raided the U.S.
00:41:26.000Capitol should go to jail and stay in jail?
00:41:30.000And he went on record, glad you brought that up, he actually went on record saying that he would pardon some of the rioters that were convicted.
00:41:37.000And just as a reminder, five people were killed, right, and 138 officers were injured.
00:41:41.000So he's totally okay with the rioters, you know, getting an opportunity to get out of jail, but not okay with preparing people to have successful I can't believe they're still running with the five people were killed routine.
00:41:57.000I can't, honestly, I can't, I can't believe they're still running with this, but fine.
00:42:00.000If the media want to attack DeSantis as opposed to Trump, you can see, you know, who they fear.
00:42:05.000And it's pretty obviously DeSantis at this point.
00:42:10.000Okay, meanwhile, the debate over the debt ceiling continues.
00:42:13.000According to the Wall Street Journal, House Republican leaders projected confidence on Tuesday that the debt ceiling deal struck with Joe Biden would draw enough support to pass.
00:42:20.000Some conservative lawmakers are angrily denouncing the agreement.
00:42:23.000Again, this is, I gotta say, I feel like a lot of this is kabuki theater.
00:42:27.000And the reason I say a lot of this is kabuki theater is because 62% of all federal spending is mandatory in the United States.
00:43:03.000Kevin McCarthy, for his part, he points out that Joe Biden really didn't get a lot of what he wanted in this particular deal, which is true.
00:44:15.000We're not going to give up on our revenue proposals.
00:44:18.000So while this will Change the trajectory of spending when you see the CBO, when we all see the CBO report, when it comes out.
00:44:29.000Where we really need to make headway is on our revenue proposals, which has long-lasting deficit reduction abilities and just structural change to change the unfairness in the tax system.
00:44:43.000Okay, but they didn't get any of that sort of stuff.
00:44:45.000So again, it's a compromise bill, which means nobody's particularly happy about it.
00:44:48.000But I am kind of shocked at how many people are saying that this is the hill to die on, when pretty clearly, the spending hill to die on has to do with the mandatory spending aspects of the American budget.
00:44:59.000Again, there's a point that Kevin McCarthy's making.
00:45:01.000He's like, why are conservatives so mad at me when Joe Biden is the president?
00:45:05.000I noticed that we didn't actually cut anything when Trump was the president.
00:45:07.000I understand people get upset about walking through a debt ceiling, but this is a House, a Senate, and a Presidency.
00:45:14.000I think when you read the Wall Street Journal, you read the New York Post, you sit back and listen to a lot of economists, they'll say, this is the strongest debt ceiling we ever had.
00:45:23.000And if I compare it to when Republicans were in the majority, when they had the House, the Senate, and the Presidency, they didn't cut anything.
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00:46:38.000Meanwhile, I do have to point out here that the left... You remember that last Brazilian election, where Guilherme Bolsonaro was supposed to be a threat to democracy?
00:46:45.000If Bolsonaro were to win re-election, democracy in Brazil would be threatened.
00:46:55.000Well, it turns out that Lula really, really likes left-wing authoritarians.
00:47:00.000According to National Review, on Monday, Lula met with Venezuelan leader Nicolas Maduro, head of a conference of South American leaders in Brasilia.
00:47:06.000During their joint press conference, Lula slammed U.S.
00:47:08.000sanctions against Venezuela and defended Maduro as a lawful president.
00:47:11.000Remember that time when the United States used to actually have an interest in who the leaders of foreign countries were because we wanted them to be, you know, friendly to the U.S.?
00:47:17.000Bolsonaro was only the most friendly president of Brazil in modern history.
00:47:21.000And instead, the Democrats and the media were like, nah, we don't like him.
00:48:00.000There's an entire article in the New York Times about Alexandre de Moraes, a Brazilian Supreme Court Justice, who is crucial to Brazil's transfer of power.
00:48:08.000But there is only one problem, which is he doesn't like democracy very much.
00:48:11.000much. Quote, he has jailed people without trial for posting threats on social media,
00:48:15.000helped sentence a sitting congressman to nearly nine years in prison for threatening the court,
00:48:19.000ordered raids on businessmen with no evidence of wrongdoing, suspended an elected governor
00:48:23.000from his job, and unilaterally blocked dozens of accounts and thousands of posts on social
00:48:27.000media with virtually no transparency or room for appeal.
00:48:31.000His moves fit into a broader trend of Brazil's Supreme Court increasing its power and taking
00:48:35.000what critics have called a more repressive turn in the process.
00:48:52.000Well, it turns out they are perfectly colonialist and imperialist, so long as they are spreading the Pride Progress flag.
00:48:58.000As long as they're spread— Again, the meme is never wrong.
00:49:01.000The military meme that shows Republicans dropping bombs over a foreign country with an American flag on it, and then the left dropping bombs over a foreign country but it has like a trans flag on it, it's never wrong.
00:49:30.000Well, generally that includes, you know, like having sex with a minor.
00:49:34.000So it's not just like regular homosexual activity, but the law does impose life imprisonment for anyone found to have performed a sexual act with a person of the same gender and up to seven years in prison for an attempt to commit the offense of homosexuality.
00:49:44.000Now, is that something that Americans are up for?
00:49:52.000I'm just, I'm very confused as to why the central foreign policy of the United States, which ought to be governed by, you know, American interests, is deeply ensconced in how Uganda treats homosexual activity.
00:50:07.000Again, seems like a really bad and nasty law.
00:50:10.000At least in the iterations where you're talking about consensual sexual activity between people of the age of majority.
00:50:18.000Also, I've noticed that there's a lot more ire about this law on the left than there is about, you know, the mass imprisonment of Muslims in China.
00:50:26.000Or there is about widespread sex slavery that continues in Africa and the Middle East.
00:50:32.000Or actual slavery in Africa and the Middle East.
00:50:35.000I'm noticing you're picking and choosing the causes that you are very, very upset about.
00:50:38.000And also, you seem kind of imperialist about your values, I noticed.
00:50:41.000So until five minutes ago, it's like, it's cultural appropriation and imperialism to dictate our values like, you know, free markets and freedom of speech on these places.
00:51:05.000But again, I noticed that all the people who are like, the third world must have its own way, they go immediately silent when you're talking about social politics.
00:51:11.000All right, time for some things I like and then some things that I hate.
00:51:17.000So there's an AOC parody account, and the AOC parody account is truly a hilarious account.
00:51:24.000It's really funny because people actually can't tell the difference between the Alexandria Ocasio-Cortez parody account And, uh, and actually, Alexander Ocasio-Cortez.
00:51:36.000Like, they can't actually tell the difference.
00:51:39.000Because it keeps, I mean, like, there have been a lot of people who have been fooled.
00:51:43.000Because, and it says right in the byline that it's a parody.
00:51:47.000But because it tweets like this, printing money is the only way out of inflation.
00:51:51.000And people are like, oh, that must be AOC, because, um, after all, AOC is incredibly stupid, and so she may have said that.
00:51:58.000Also, Tweets like, if you could milk a cow and get fat-free organic almond milk, I wouldn't complain about their farts so much.
00:52:06.000Or, I'm really starting to believe Elon Musk is my soulmate, which then Elon Musk is a joke, favorited, and like, put a fire emoji on it.
00:52:14.000So AOC, like the real AOC, she got big mad, big angry.
00:52:18.000She tweeted, FYI, there's a fake account on here impersonating me and going viral.
00:52:22.000By the way, it says on the account parody.
00:52:24.000The Twitter CEO has engaged it, boosting visibility.
00:52:27.000It is releasing false policy statements and gaining spread.
00:52:29.000I am assessing with my team how to move forward.
00:52:31.000In the meantime, be careful of what you see.
00:52:37.000Okay, lady, maybe the reason that you're having a tough time here is because people can't tell the difference between your normal tweets and the parody account.
00:52:48.000I'm sorry that you're already a parody of yourself, and so a parody of you is just a parody of a parody.
00:52:53.000And it's a very funny account, by the way, the parody account.
00:52:56.000Quote, I went to the beach this morning and the water was really low.
00:52:59.000I went back this evening and the water was really high.
00:53:01.000This is 100% proof that global warming is real.
00:53:10.000Okay, time for a quick thing that I hate.
00:53:17.000So, the City University of New York featured a graduating law student last week that called for the dismantling of capitalism and Zionism and called law white supremacy.
00:53:27.000The person who spoke is a person named Fatima Musa Mohammed.
00:53:31.000She called for a revolution against America's oppressive institutions, and she called for her graduating class to, quote, fuel the fight against capitalism, racism, imperialism, and Zionism around the world.
00:53:44.000So, uh, that is not a giant shock, considering that these universities are a joke.
00:53:49.000The fact that CUNY is, I believe, publicly funded And is sponsoring this sort of crap means that they probably violated the law.
00:53:57.000Like this violates anti-discrimination law because this is obvious anti-semitism.
00:54:00.000But here they were pushing the obvious anti-semitism.
00:54:04.000In this moment of celebrating who we are, I want to celebrate CUNY Law as one of the few, if not the only law school to make a public statement defending the right of its students to organize and speak out against Israeli settler colonialism.
00:54:20.000That this is the law school that passed and endorsed BDS on a student and faculty level.
00:54:29.000Recognizing that absent a critical imperialism settler colonialism lens, our work and this school's mission statement is void of value.
00:54:38.000That as Israel continues to indiscriminately rain bullets and bombs on worshippers, murdering the old, the young, Attacking even funerals and graveyards, as it encourages lynch mobs to target Palestinian homes and businesses, as it imprisons its children, as it continues its project of settler colonialism, expelling Palestinians from their homes, carrying the ongoing Nakba, that our silence is no longer acceptable.
00:55:49.000National Strategy to Counter Anti-Semitism explicitly refuses to endorse the so-called International Holocaust Remembrance Alliance definition of anti-Semitism because it points out that when you apply double standards to Israel that you would not apply anywhere else that that is a form of anti-Semitism.
00:56:05.000The Biden administration likes those double standards and so they sort of half-ass it.
00:56:09.000Again, the rule is that left-wing anti-Semitism is not anti-Semitism according to the left.
00:56:13.000It's just a form of intersectionality.
00:56:15.000And you can see that very clearly right here.