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Wall Street is ditching wokeness — but expect it to remain in government if Kamala Harris wins



It appears that America’s Great Unawakening is proceeding at an unabated pace.

Last week, Boeing became the latest big company Abandon your so called DEI department, A group of corporate bureaucrats who did a useless and illegal job of diversity, equity and inclusion in hiring.

This is a great way to enforce racial and gender-based quotas in the workplace as opposed to meritocracy, which in the case of Boeing almost put it out of business.

Boeing’s decision was followed Similar steps by John DeereHarley Davidson and Jack Daniels.

I’m told that Wall Street companies are also ignoring anything in their corporate policies that smacks of preferences after the SCOTUS decision that struck down affirmative action in college admissions, which is used in recruiting. Can be used as fodder for lawsuits against preferences in.

BlackRock is abandoning environmental social governance investments This forced oil companies to invest in inefficient wind farms because their customers hated it and it caused gas prices to rise.

Kamala Harris — once the queen of woke, BLM-loving politician for the ages — has chosen to run her presidential campaign not on complaint, but on joy.

For me the question is not why. This is something I address fully in my book: “Go Woke Go Broke; The Inside Story of Corporate America’s Radicalism.

Americans are not woke. The bigger issue is whether we are witnessing a moment or a real disintegration of wokeness in the public sphere

My guess is the former.

Yes, I keep getting emails from liberal and sometimes woke Yale management professor Jeffrey Sonnenfeld about how all these former CEOs he knows support woke Kamala Harris. very weak donald trump In Tuesday’s election.

Notice how they are all “former,” not people like Jeff Bezos, Jamie Dimon, Tim Cook, and the many others still in business who are choosing neutrality for fear of consumer backlash.

Call it what it is: silly!

Sorry, Professor, America hates everything — whether it’s a trans female activist selling Bud Light half-naked in a bubble bath, or employees from working-class backgrounds being forced to admit their “whiteness” during mandatory corporate diversity training. Being forced to accept “privilege”. Demonized by Ivy League elitists.

They don’t want to pay more for gas because BlackRock thinks charging extra for ESG portfolios is a good thing.

As I write in my book, Sonnenfeld led a CEO effort to publicly condemn — culminating in a two-page ad in The New York Times, no less — the 2021 voting law in Georgia as discriminatory. reported, which he believed hindered fair elections. Nevertheless, the number of black voters increased thereafter.

Yep, wok is silly too.

But that doesn’t mean it’s dead. If Kamala Harris, Joe Biden’s current vice president and now the Democrat nominee, is capable, the tools of awareness will remain in the vast administrative state. Highlight his far-left progressivism And become President.

Remember his support of all things DEI and his demand that “we” as a country have to stay awake. Like everyone needs a wake up call.”

You could limit it to an ordinary person’s word salad, but if that ordinary person gets elected, it would probably be taken through the various agencies that regulate corporate America – the Federal Trade Commission, the Securities and Exchange Commission, etc. Will be funneled into policy. In more direct ways than during the reign of Joe Biden, who once claimed that during his presidency, DEI “starts at the top, with the vice president.”

I fear that awareness, especially in corporate settings, has not gone away. It is still lurking within the party that claims to represent half the voting public and could remain in control of the White House on Tuesday.

solid journalist

Journalism was a profession that Americans trusted, even respected. We really enjoyed going to the movies and watching inked scoundrels practice their craft and do a good job.

One of my favorites is a so-called film noir that appeared in theaters in 1948, “Call Northside 777.” It starred Jimmy Stewart as dogged reporter PJ McNeil who pursued a story and proved the innocence of a man in prison for murder.

Last week, a journalist named Ellie Terrett channeled her inner PJ McNeil. His tenacious reporting for Fox Business about innocent crypto executive Tigran Gambarian exposed the miscarriage of justice surrounding his arrest and the public’s support for his release from a notorious Nigerian prison.

Full disclosure: Ellie is my TV producer at Fox, but she has become one of the best at finding clues in the growing crypto business.

One of those scoops involved Gambarian, an executive at crypto-exchange Binance, who was jailed on trumped-up charges of money laundering and tax evasion shortly after landing in the country.

His reporting sparked a lobbying campaign by crypto giants, law enforcement officials, and apparently the Biden administration for Gambarian’s release.

Gambarian was released last week, reunited with his family and friends after eight months in prison.

After being freed, he said, “I appreciate Fox News and other media for covering my story and keeping my name alive.”

PJ McNeil would be proud of Ellie.

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