Anson Frericks
👤 PersonAppearances Over Time
Podcast Appearances
So you saw there's a group called Color of Change, and it's a nonprofit group, and their mission is to stamp out systemic racism in the country. You know, okay, fine. Like, you know, you can do that, you're whatever.
But like they went to Apple, they bought $25,000 worth of shares at Apple, you know, and they put up this shareholder proposal that said, hey, you Apple, we want you guys to do a racial equity audit to figure out how you've contributed to systemic racism and white supremacy in the country.
But like they went to Apple, they bought $25,000 worth of shares at Apple, you know, and they put up this shareholder proposal that said, hey, you Apple, we want you guys to do a racial equity audit to figure out how you've contributed to systemic racism and white supremacy in the country.
But like they went to Apple, they bought $25,000 worth of shares at Apple, you know, and they put up this shareholder proposal that said, hey, you Apple, we want you guys to do a racial equity audit to figure out how you've contributed to systemic racism and white supremacy in the country.
And Apple, which is, you know, pretty liberal leftist board, you know, company of Tim Cook is a CEO and very liberal board. They said, guys, like, thanks, but no thanks, because Apple's mission is to make magical devices at unbelievable prices. Like, that's what we just do. You know, that's our thing.
And Apple, which is, you know, pretty liberal leftist board, you know, company of Tim Cook is a CEO and very liberal board. They said, guys, like, thanks, but no thanks, because Apple's mission is to make magical devices at unbelievable prices. Like, that's what we just do. You know, that's our thing.
And Apple, which is, you know, pretty liberal leftist board, you know, company of Tim Cook is a CEO and very liberal board. They said, guys, like, thanks, but no thanks, because Apple's mission is to make magical devices at unbelievable prices. Like, that's what we just do. You know, that's our thing.
These are important issues, but we're going to recommend against this proposal because we don't want to spend tens of millions of dollars hiring, you know, Eric Holder and Loretta Lynch to go and do a racial equity audit. But this passed by 52 to 48 percent because you had firms like BlackRock, which is the second largest shareholder of the company, voted for it.
These are important issues, but we're going to recommend against this proposal because we don't want to spend tens of millions of dollars hiring, you know, Eric Holder and Loretta Lynch to go and do a racial equity audit. But this passed by 52 to 48 percent because you had firms like BlackRock, which is the second largest shareholder of the company, voted for it.
These are important issues, but we're going to recommend against this proposal because we don't want to spend tens of millions of dollars hiring, you know, Eric Holder and Loretta Lynch to go and do a racial equity audit. But this passed by 52 to 48 percent because you had firms like BlackRock, which is the second largest shareholder of the company, voted for it.
You know, Vanguard, State Street, everyone else are voting for these issues and forcing corporate America to now get involved in social and political issues. And this went the same thing for election integrity law issues that people were asking companies to get involved in, defund the police initiatives, help PETA, People for the Ethical Treatment of Animals.
You know, Vanguard, State Street, everyone else are voting for these issues and forcing corporate America to now get involved in social and political issues. And this went the same thing for election integrity law issues that people were asking companies to get involved in, defund the police initiatives, help PETA, People for the Ethical Treatment of Animals.
You know, Vanguard, State Street, everyone else are voting for these issues and forcing corporate America to now get involved in social and political issues. And this went the same thing for election integrity law issues that people were asking companies to get involved in, defund the police initiatives, help PETA, People for the Ethical Treatment of Animals.
They put up a proposal telling Starbucks we don't use cow milk anymore. because we don't think you should use cow milk at Starbucks. I mean, it's crazy. All these proposals that popped up in this post sort of COVID George Floyd era, and companies were essentially forced by these large asset managers to get involved in a lot of political and social issues. So that was sort of the backdrop.
They put up a proposal telling Starbucks we don't use cow milk anymore. because we don't think you should use cow milk at Starbucks. I mean, it's crazy. All these proposals that popped up in this post sort of COVID George Floyd era, and companies were essentially forced by these large asset managers to get involved in a lot of political and social issues. So that was sort of the backdrop.
They put up a proposal telling Starbucks we don't use cow milk anymore. because we don't think you should use cow milk at Starbucks. I mean, it's crazy. All these proposals that popped up in this post sort of COVID George Floyd era, and companies were essentially forced by these large asset managers to get involved in a lot of political and social issues. So that was sort of the backdrop.
Yeah, I mean, that's essentially... That's my view. But it is. It's all about... It's control and money. I mean, it's control and it's money. I mean, you think about... But all these social issues were always a cover for what was actually going on, which is like Larry Fink getting richer. Oh, 100%. And it's so funny. So when he started talking a lot about...
Yeah, I mean, that's essentially... That's my view. But it is. It's all about... It's control and money. I mean, it's control and it's money. I mean, you think about... But all these social issues were always a cover for what was actually going on, which is like Larry Fink getting richer. Oh, 100%. And it's so funny. So when he started talking a lot about...
Yeah, I mean, that's essentially... That's my view. But it is. It's all about... It's control and money. I mean, it's control and it's money. I mean, you think about... But all these social issues were always a cover for what was actually going on, which is like Larry Fink getting richer. Oh, 100%. And it's so funny. So when he started talking a lot about...
environmental social governments in 2018, 2019, all of a sudden they started a scoring system. You know, it's almost like a social credit system you'd have in China or somewhere else, scoring companies on how little carbon that they use, or scoring companies on, do they do gender affirmation care for their employees?