Posted on 01/12/2019 1:35:47 PM PST by therightliveswithus
House Democrats have a plethora of initiatives in the new Congress. One of the top priorities for the Congressional Black Caucus and incoming Financial Services Committee Chairwoman Maxine Waters is corporate boardroom diversity. Waters proposed creating a House subcommittee on diversity and inclusion that would force companies to quantify their board members by race and gender. By targeting publicly traded companies, this creates a vacuum that would ultimately harm employees of all racial and economic backgrounds, especially the further down the chain you go.
The government should foster diversity through individual success, not through federal coercion. You can hear it in the words of proponents of the newest overreach in Washington. “They have a right to be nervous,” said Emanuel Cleaver of Missouri while talking about corporate boards. Many companies on Wall Street and in Silicon Valley understand that the efforts are more a matter of paying tribute to Washington, rather than a substantive effort to increase diversity in the upper echelons of business.
(Excerpt) Read more at thehill.com ...
And that has worked out so well for our colleges!
Board membership is the shareholders business. Keep the government the hell out. Waters wants to place HER cronies on boards so they can malfease, work against the companies’ interests, trade on insider knowledge, kick back part of their excessive, unearned, salaries to her and other Democrats, etc.
The government shouldn’t ‘foster diversity’ at all.
Diversity is just a way for democrats to get control of companies and oust founding presidents like Steve Wynn. I would never hire based on diversity.
It's worked out exactly the way these morons wanted it to. Stupid people stupidly educated...what could be a more maleable voter?
Hey Maxie pad, how about we just do it the old fashioned way? Earn a position by working hard for it.
Affirmative action handouts are only for losers like you.
Everything except football teams and basketball teams.
ML/NJ
At 17 I was tossed into the deep end to sink or swim. Nobody was slavering to confer unearned advantages on a straight white male.
Supporting “diversity” is something for which a person should be expelled from society and shunned.
Just have some of the current members declare that they identify as a particular ethnic group and, voila, the board is diverse!
Welcome to the War on Merit.
I work in an industry where the employers are a mix of privately-held and publicly-traded companies. I go to great lengths to minimize my involvement with publicly-traded companies -- even to the point of making career decisions to avoid working for them.
In fact, regarding politically correct federal policing of corporate diversity, the only powers that the feds have to deal with race and sex issues apply only to voting rights problems, evidenced by the 15th and 19th amendments.
“A proposition was made to them to authorize Congress to open canals, and an amendatory one to empower them to incorporate. But the whole was rejected, and one of the reasons for rejection urged in debate was, that then they would have a power to erect a bank, which would render the great cities, where there were prejudices and jealousies on the subject, adverse to the reception of the Constitution [emphasis added].” —Jefferson’s Opinion on the Constitutionality of a National Bank : 1791.
"State inspection laws, health laws, and laws for regulating the internal commerce of a State, and those which respect turnpike roads, ferries, &c. are not within the power granted to Congress [emphases added]." -Gibbons v. Ogden, 1824.
"The power to regulate manufactures, not having been confided to congress, they have no more right to act upon it, than they have to interfere with the systems of education, the poor laws, or the road laws, of the states. Congress is empowered to lay taxes for revenue, it is true; but there is no power to encourage, protect, or meddle with manufactures [emphases added]." —Joseph Story, Article 1, Section 8, Clause 1, Commentaries on the Constitution 2
"4. The issuing of a policy of insurance is not a transaction of commerce within the meaning of the latter of the two clauses, even though the parties be domiciled in different States, but is a simple contract [emphases added] of indemnity against loss.” —Paul v. Virginia, 1869. (The corrupt feds have no Commerce Clause (1.8.3) power to regulate insurance, regardless if buyer and seller are domiciled in different states; overturned by FDR’s state sovereignty-ignoring activist justices.)
"Section 1: The right of citizens of the United States to vote shall not be denied or abridged by the United States or by any State on account of race, color, or previous condition of servitude.Section 2: The Congress shall have power to enforce this article by appropriate legislation [emphasis added].”
"The right of citizens of the United States to vote shall not be denied or abridged by the United States or by any State on account of sex.Congress shall have power to enforce this article by appropriate legislation [emphasis added]."
”From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added].” —United States v. Butler, 1936.
So low-information Rep. Maxine Waters is unthinkingly trying to expand the already unconstitutionally big federal government’s powers.
Corrections, insights welcome.
Remember in November 2020!
Diversity = Mediocrity
Excellent idea. Complaints would be hate speech against the fantasy-identity community.
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