“If we make America the best place to do business, businesses should make their mark in America,” the president said. “They should set up shop here, and hire our workers, and pay decent wages, and invest in the future of this nation. That’s their obligation.”
Earth to Obama, when a company submits their application for a corporate charter, there is absolutely nothing in the application to make hiring American workers and paying them well part of the approval process.
Of course, he would know this if he ever would have read the letter from TJ Rodgers to Sister Gormley who derided Rodgers for lack of diversity and social justice in his company........
Those are some of the policies of the Board of Directors you voted against. I believe you should support management teams that hold our values and have the courage to put them into practice.
So, that's my reply. Choosing a Board of Directors based on race and gender is a lousy way to run a company. Cypress will never do it. Furthermore, we will never be pressured into it, because bowing to well-meaning, special-interest groups is an immoral way to run a company, given all the people it would hurt. We simply cannot allow arbitrary rules to be forced on us by organizations that lack business expertise. I would rather be labeled as a person who is unkind to religious groups than as a coward who harms his employees and investors by mindlessly following high-sounding, but false, standards of right and wrong.
You may think this letter is too tough a response to a shareholder organization voting its conscience. But the political pressure to be what is euphemistically called a "responsible corporation" today is so great that it literally threatens the well being of every American.
This letter should be required reading and testing for every student in this country beyond the age of 10.
Read the whole thing here.