It's Conservative David vs. the Woke Corporate Green Giant

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Real Clear Investigations

Ben Weingarten
May 17, 2022

Eight years ago, a holder of a modest amount of Apple stock found himself in the peculiar position of being told publicly by an angered CEO Tim Cook that his money was no good in Cupertino. Justin Danhof, a conservative activist investor, had turned up at the company’s annual shareholder meeting to ask Cook, essentially, if his desire to go green trumped his desire to generate green.

Danhof did not tell his broker to sell, but would see his outfit’s related shareholder resolution go down in flames. In 2014, his was not only a losing fight, but a lonely one.

Today, he’s no longer alone. There is a nascent but growing backlash against a corporate America perceived by many as having gone “woke.” The pushback, and the steep uphill climb facing those doing the pushing, can be seen in the record number of conservative shareholder proposals submitted to companies during this year’s annual corporate meeting season – some 48 of them as of late April – but also the record number of progressive proposals, dwarfing conservative ones by more than tenfold at a whopping 500-plus. RealClearInvestigations obtained the data from the Sustainable Investments Institute, co-publisher of the authoritative annual Proxy Preview report.

Shareholder activism is just one front in the brewing counterrevolution against Woke Inc., one particularly evident at the state level, and increasingly in Washington too, with the possibility of control of Congress shifting to Republicans in elections this fall. An illustration this year was the furor that erupted when progressively inclined Disney outspokenly opposed Florida’s law barring public schools from instructing very young children on sexual orientation. In response, Republican Gov. Ron DeSantis engineered a legislative revocation of Disney World’s longstanding special tax status.

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Progressive CEO defends hiring applicants based on race and gender[/b]

Asher Notheis, Breaking News Reporter

May 18, 2022

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"You can’t put yourself in the shoes of somebody else if you don’t have a representative organization that represents the country as a whole,” Griffith said during the company's annual shareholder meeting. “You could never know what it feels like to be a female, [and] I could never feel what it feels like to be a male, so we need to represent everyone.”

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What the heck does that have to do with selling Car Insurance?