A conservative group is finding a new way to fight liberal activists trying to influence large corporations. The Free Beacon reports:
Americans for Tax Reform announced a new project designed to counter activist investors who have passed resolutions potentially damaging to gun companies and other corporations as a means of achieving a political goal.
“ATR feels there is a need to protect the long-term interests of small investors and pension fund beneficiaries from activist shareholders, proxy advisory firms and Washington proposals that use financial institutions as the venue to enact the social and political agenda of few, that cannot be accomplished through the legislative process,” James Setterlund, executive director of the newly formed Shareholder Advocacy Forum, told the Washington Free Beacon. “The Shareholder Advocacy Forum will provide a voice for these shareholders and hold executives and directors accountable when they prioritize activist proposals ahead of their fiduciary responsibility.”
Publicly traded gun manufacturers have been a recent target of these investors. Smith & Wesson’s parent company was recently forced to conduct a study about the viability of “smart guns” and the reputation risks of selling firearms despite the company opposing the move.
“Today’s report complies with a Resolution that was passed by a small percentage of our shareholders in September,” American Outdoor Brands told the Free Beacon in February. “Despite the fact that the Resolution was put forward by parties whose interests were not aligned with those of our customers, or those of our shareholders seeking true risk mitigation and value creation, the report represents our good faith effort and investment of company resources. Its contents demonstrate that our reputation with our customers for protecting their Second Amendment rights, and our ability to manufacture the high-quality firearms they want to purchase, are paramount to sustaining and growing our market share and stockholder value.”
Conservatives would rather businesses simply make money, but liberals are already organizing to hijack corporations for their own nefarious ends. If conservatives band together, this would seriously balance off the small leftist interest groups intent on usurping corporate power.
Over the years of living in California, I’ve had just about my fill of the liberals robbing us into the poor house with all their give aways handouts or freebies or to put it bluntly FREE PUBLIC SERVICES’ to bums, boat people and deadbeats who haven’t done a damned thing to contribute into the ‘fund’. Case in point, the election of gavin ‘giveaway the store and just about everything else’ newsom as governor. if his so called ‘election’ was legit, I fail to see it. This social climbing, pretty boy, first class asswipe, weasel and snake in the grass is responsible for destroying San Francisco, the one time ‘jewel of California as mayor that has become a dirty bum and boat people infested, crime ridden and unaffordable CRAPHOLE, sad to say. To add insult to injury, this place was recently moniker’d with the title ‘the doo doo’ capital of the USA due to streets reeking like toilets due to homeless encampments, garbage, dirty needles, used condoms, piss and SHIT on the streets and sidewalks. I also make it a point not to buy anything from china, period! Frankly buying their products enriches these no good for America subhuman bastards and robs America of the revenue. Hopefully the American people are getting so sick and tired and fed up with the BULLSHIT foisted on us by the liberals and their ‘socialist’ agenda and start realizing that Donald Trump was legally elected President of the USA and if God forbid one of the liberal buffoons running against him in 2020 would be gets the White House, it would be a disaster for America. President trump can’t do this all alone. He needs the support of the American people in his job to ‘Make America Great Again. Living in California i have to deal with all the BULLSHIT and demise caused by the liberals who’ve had a strangle hold on this one time great, clean, affordable and prosperous state that under their ‘leadership’ if you call the destruction they’ve caused leadership has become a huge fiscally bankrupt , bum and homeless and crime infested CRAPHOLE, sad to say.