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How to Ensure You Aren’t Investing in Woke Corporations

Posted on Friday, September 10, 2021
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by AMAC Newsline
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31 Comments
investing, money

AMAC Exclusive – by Seamus Brennan

As the forces of woke capitalism continue to terrorize ordinary Americans, right-leaning investors find themselves in a difficult position. The left’s ever-tightening grip on American corporations has led many conservatives to unknowingly buy stock in companies that embrace wokeism. But now, conservatives and others who do not subscribe to the tenets of woke politics have a way to ensure their investments are not directed to people and companies that are actively working against their values through an organization called 2ndVote, along with affiliated companies 2ndVote Advisers and 2ndVote Funds.

Andy Puzder, an Advisory Board Member for 2ndVote Advisers – as well as the former CEO of CKE Restaurants and President Trump’s first nominee for Secretary of Labor – told AMAC Newsline that 2ndVote’s investment philosophy is consistent with that of economist Milton Friedman, who believed companies “should focus on returns for shareholders” and that “companies that focus on profit will be more profitable than companies that don’t.” Capitalism, he continued, “is the only economic system that ties your success to meeting the needs of other people,” going on to claim that businesses’ sole focus should be the generation of profits.

“We don’t want them out there trying to change the world,” Puzder said in reference to CEOs and management teams imposing progressive values onto their investors. “We have a political system that we rely on to make those kinds of decisions. The reason we have the business community is to create prosperity and abundance and opportunity for people, and when you try and manipulate the business sector so that it’s no longer trying to advance the interests of investors, you’ll see the economy decline. And that would be bad for everybody.”

2ndVote Advisors President and CEO Daniel Grant echoed Puzder’s sentiments, telling AMAC Newsline that “a lot of people in this country are patronizing” progressive companies, which are then “turning around and using their profits in a way that people are unaware of, and if they [were] aware, would not agree with. And if you invest in these companies, essentially, you are being taxed by these companies to fund a social justice agenda that you would not agree with.”

Grant went on to reaffirm the organization’s primary objective as incentivizing companies “to focus on creating shareholder value, focus on traditional charity, and leave the social justice engineering to the individual—which is where it should be.” “Free market capitalism,” he continued, “benefits all of us.”

2ndVote has been working for years to educate consumers “to make informed decisions that align their dollars with their values, empowering them to impact corporate/organization activism.” The group uses information, including corporate donations, documentation of sponsorships for political events, and lobbying efforts to score companies and charities on a 1-5 scale from “liberal” to “conservative” to determine their political leanings—with the ultimate goal of eliminating the “stakeholder capitalism” trend that has led corporate America to increasingly promote a progressive agenda.

Though 2ndVote supports companies that its scale finds to be “neutral” as well as those it finds to be “conservative,” its score system rates companies on six different issues that conservatives tend to care about most, including abortion, First Amendment rights, Second Amendment rights, civil society (including border security and law enforcement), education, and the environment. These six issues are used to determine a composite score, which conservative or libertarian investors can use to direct their dollars in the “right” direction.

2ndVote Advisers, a sister company to 2ndVote, is the “first and only investment adviser” that reviews companies’ environmental, social, and governance (ESG) investment criteria to guarantee all investments are “ESG Neutral,” so that right-of-center Americans “no longer have to compromise their values for a return on investment.” 2ndVote Advisers prides itself on advocating for “profitability over politics” and seeks to return the United States economy to a more free market system where politics are kept out of the board room.

According to an April 2021 poll conducted by Scott Rasmussen, 66 percent of American adults believe companies should avoid taking positions on political issues, but only 43 percent claim to know the political positions of the companies they patronize. Until every conservative investor is aware of what causes his or her money is being used to advance, conservatives, libertarians, 2ndVote and other such organizations have a critical role to play in defeating “woke capitalism”.

In an era when everything from Major League Baseball to soft drinks has become politicized, the health of our society and the strength of our democracy may depend on it.

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Deborah
Deborah
6 months ago

I wish the article stated how you can connect with a 2vote advisor or how you can find 2vote stocks.

Sal
Sal
1 year ago

Vanguard, BlackRock and State Street are in bed with the ESG and WEF leftist crowd.
Now I see even Schwab is posting ESG nonsense on their site. Sad.

Jane CA
Jane CA
2 years ago

You didn’t mention AARP ! How much money goes to the democratic party? I see they are targeting young people now. My Dad was a member and he never got anything they promised.

Karen
Karen
2 years ago

Have no intentions of investing in any company. Can’t trust them.

Donald L Schmidt
Donald L Schmidt
2 years ago

I don’t want to be just investing, I would like a list of companies selling products. Try buying something made in the U. S. from Amazon.

Rik
Rik
2 years ago

Get educated People, many great comments already but it seems the “bigger” the company, the less We can “trust” them!

Art
Art
2 years ago

WOKE! GREEN NEW DEAL! WHATEVER. IF YOU ARE MANAGING YOUR OWN ACCOUNTS, SHOULD BE EASY TO DISCERN WHERE YOUR FUNDS GO. IN ANOTHER VENUE YOU WILL HAVE TO MAKE SURE THAT YOUR FINANCIAL ADVISOR IS EXECUTING YOUR REQUESTS FOR YOU. SOME COMPANIES SUCH AS BISSELL, HAVE A HISTORY OF OUTSTANDING SUPPORT FOR ISSUES IN THEIR CASE IT IS HOMELESS ANIMALS. THERE ARE MANY COMPANIES THAT ARE NOT TOTALLY INVOLVED IN POLITICS. USE YOUR GUT AND BRAIN. FIGHT BACK AGAINST THIS OBSCENE CORPORATE INVOLVEMENT. THE POWER OF THE LOBBYISTS IS AWESOME.

Robert
Robert
2 years ago

It’s widespread.. and it isn’t going to get better, in fact it will get worse.Some say that I am a Bible thumper, but, in reality, it is all unfolding, the subconscious of many is being awoke by the evils that is rising.And to place it with biblical terms, that is just it.Our founders and populations of past, prided themselves with attributes that was worthy to emulate.But today we have left those very principles..and as time passes it is becoming like a cancer that needs treatment in the most servere way, if in fact to survive another 2,4, 10 years.All direction and understanding come from a biblical perspective, with we allow ourselves to become humbled to the teachings of christ..and humankind can coexist..But money is made through the chaos, until a conservative standpoint is truly implemented through out all structures of governing and the systems that are attached..we all are targets..And truth be known, we in America have become two countries, from two different spectrums.. half is about free will and preservation and conservatism.. the other half is feral, lawless and disobedient to any rule that is worthy of adhering to.And these corporate monsters are no different .

D. Brown
D. Brown
2 years ago

These “woke” companies make me sick and angry. They think they are insulating themselves from the “mob” by throwing money at them. I wish the backlash against them to be swift, widespread, overwhelming, and severe!

Deborah
Deborah
2 years ago

How do we know what company’s are supporting woke is there a website we can go to to see the list who support causes as planned Parenthood or Democrat and there agendas.

Rick
Rick
2 years ago

Love this idea but think they should consider not inviting users to follow them on Twitter, Facebook, and Instagram. If those aren’t “woke” companies, I don’t know who is! 🙂

PaulE
PaulE
2 years ago

Good option for people that neither have the time nor the inclination to research their potential investments themselves. You certainly cannot trust the financial media to do the job, as many rely heavily on advertising revenue from a lot of woke corporations these days.

Of course the average investor can also just read the annual and quarterly reports of any publicly traded companies they are interested in potentially investing in beforehand too. Do your own homework and know what you are buying before you invest anything. That was good advice decades ago and it is still good advice today. It is incredibly easy to spot if a company is woke by a number of tells in their reports.

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