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Goldman Sachs CEO: We Will Deny Business to Companies with Too Many White Men on Their Boards

Woke capitalism strikes again.

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Goldman Sachs CEO David Solomon said earlier this week that their globalist banking firm will no longer take companies public f there are too many white men on their board of directors.

Solomon claims that they are instituting this mandate because U.S. companies perform “significantly better” when diversity quotas are followed.

“Starting on July 1st in the U.S. and Europe, we’re not going to take a company public unless there’s at least one diverse board candidate, with a focus on women,” Solomon said on CNBC’s “Squawk Box” during the World Economic Forum in Davos, Switzerland. “And we’re going to move towards 2021 requesting two,” he added.

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Solomon claims that Goldman Sachs is willing to lose business in order to promote diversity, showing their steadfast commitment to the globalist project.

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“Look, we might miss some business, but in the long run, this I think is the best advice for companies that want to drive premium returns for their shareholders over time,” Solomon said.

Goldman Sachs, which has an extensive history of abhorrent business practices and taking government bailouts, is trying to gloss over their past through an embrace of wokeness. They have four women on their 11-person board, which they tout as if it is some kind of accomplishment.

“This is an example of our saying, ‘How can we do something that we think is right and helps moves the market forward?’” Solomon said.

In addition to supporting diversity, Goldman Sachs also helps push alarmist propaganda about the bogeyman of climate change:

Goldman Sachs this month released a report on the effects of climate change on cities around the world, and it makes for grim reading.

The bank’s Global Markets Institute, led by Amanda Hindlian, warned of significant risks to the world’s largest cities, which are especially vulnerable to more frequent storms, higher temperatures, rising sea levels, and storm surges.

“Cities generate roughly 80% of global GDP and are home to more than half of the world’s population today, a share that the United Nations projects will reach two-thirds by 2050,” the report said. About 40% of the population lives within 100 kilometers of a coast, and one in 10 people live in areas less than 10 meters above sea level, it said.

Goldman highlighted three cities that could be subject to storm surges and could face harmful flooding: New York, Tokyo, and Lagos. It said several others that are less than 11 meters above sea level — including Miami, Florida; Alexandria, Egypt; Dhaka, Bangladesh; and Shanghai, China — also faced major flood risks.

Goldman’s researchers said they started with the scientific consensus that “human activity — principally the emission of greenhouse gases — is causing the earth to warm in ways that are affecting the climate.”

They said that natural ecosystems would be damaged, human health would be threatened, and food and drinking-water systems would be pressured. For example, agriculture would be massively affected, as “warmer temperatures and shifting precipitation patterns could reduce yields and nutritional quality as well change growing seasons and agricultural zones around the world.”

Corporate America is happy to participate in the scam of multiculturalism, and Goldman Sachs is a particularly revolting example of that.

Big League Economics

Lindsey Graham Leads Senate RINO Coalition Urging President Trump to Protect Foreign Worker Visas

Graham led the letter of RINOs urging Trump to protect foreign labor.

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Sen. Lindsey Graham (R-SC) is leading a coalition of RINOs in the Senate urging President Donald Trump to keep visas for foreign workers to take U.S. jobs.

Graham is joined by fellow RINO Sens. John Cornyn of Texas, Mike Crapo of Idaho, James Risch of Idaho, Mike Rounds of South Dakota, Todd Young of Indiana, Lisa Murkowski of Alaska, Dan Sullivan of Alaska, and James Lankford of Oklahoma in signing onto the letter that has the audacity to claim that these foreigners taking jobs from U.S.-born workers will help the economic recovery from the coronavirus pandemic.

“The coronavirus pandemic has brought devastating loss of life and livelihood across our country. As we begin to reopen, we know you have many difficult decisions to make to ensure the road to recovery balances economic wellbeing with the safety of every American,” the letter states.

“In part, that balance requires consideration of vulnerable American businesses across all industry sectors, including farming, forestry, packing, hospitality, healthcare, and communications and information technology, all which rely on non-immigrant guest workers to survive,” they added – showing that they care more about protecting corporate profits than protecting American workers.

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The letter urges for Trump to specifically protect the H-2A and H-2B programs to keep so-called temporary workers in the country to steal jobs from American workers who desperately need them.

“As you know, the H-2A and H-2B programs are temporary and seasonal guest worker visa programs that allow businesses to find the help they need when no American worker is available or qualified to fill in the gaps,” they wrote, adding that they hoped the Trump administration would “continue to protect American farmers and other small business owners who work hard to provide our country with fresh food and other vital services by not pausing issuance of H-2A visas in the future.”

The entirety of the letter can be seen here:

The letter comes in stark contrast to another letter issued by young “America First” conservatives urging President Trump to put U.S. workers first.

Big League Politics reported on how one right-wing student leader appeared last night on Fox News’ “Tucker Carlson Tongiht” to discuss the necessity of protecting U.S. workers during the coronavirus pandemic:

San Diego State College Republicans President Oliver Krvaric called for President Donald Trump to end the H-1B and OPT foreign worker programs during an appearance on Tucker Carlson Tonight on Tuesday, citing the danger the frequently abused cheap labor programs pose to the economic prospects of American college graduates.

“So essentially this giving a signal to this administration, letting them know that there is an appetite- especially among young likely voters to take care of the egregious H1B and OPT abuse that’s displacing American graduates and professionals across the board,” he said.

Krvaric had joined a coalition of College Republican groups across the country calling for an end to the visa worker programs in the midst of the recession. President Trump already enacted what has been called an immigration moratorium, but a lobbying effort by White House liberal Jared Kushner on behalf of globalist business groups limited Trump’s executive order to a few immigration restrictions.

The letter from the college Republican coalition staked out several policy proposals that would give American college graduates a real stake in mitigating the effects of the coronavirus recession.

President Trump should listen to his constituents who put him in the White House instead of the RINOs who he was elected to rebuke on immigration and other key issues.

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