American Consequences - January 2021

At least one director who self-identifies as a female, and... at least one director who self-identifies as Black or African American, Hispanic or Latinx, Asian, Native American or Alaska Native, Native Hawaiian or Pacific Islander, two or more races or ethnicities, or as LGBTQ+, or... explain why the company does not have at least two directors on its board who self- identify in the categories listed. The loophole might be in the term “self- identifies.” If you don’t know what “self-identifies” means, it’s simple... It’s when someone assigns a particular category to oneself or describes oneself as belonging to a particular group. You can give yourself any old identity that you want. For example, it’s when a man says he’s really a woman and demands you call him “her,” not “him.” Remember when Massachusetts Senator Elizabeth Warren self-identified as a Native American? She wound up looking silly. Self-identifying is mostly modern stupidity, but I honestly don’t have a problem with it. If calling yourself “he” or “she” or “they” makes you happy, then make yourself happy. But

harmful. I’m a libertarian to the bone... That means I believe all people should have the liberty to live however they want and to achieve whatever they can based only on their hard work and ingenuity. Race shouldn’t define your opportunities... But neither should the government rigging the scales. Here’s the big problem with forcing companies to do something like the Nasdaq proposes... If you believe the current system favors white men in particular, and you flip it to force companies to favor women and other races... you haven’t made a single step forward . And if anything, you’ve actually stepped backward. Like civil-rights icon and Christian minister Martin Luther King Jr. wrote in his book, Strength to Love , nearly 60 years ago... Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that. In less poetic language, two wrongs don’t make a right . I can barely believe I need to say things like this out loud, as if they’re not blatantly obvious. Who could fail to see that forcing someone to hire based on race or gender is a direct violation of basic human rights? Now, I’m certainly not a lawyer, but I think the Nasdaq folks might also have given companies a loophole... You see, if we read the proposal carefully, we can see that the writers might’ve hedged a little bit with their language. It would require Nasdaq-listed companies to have...

The regulatory state is little more than a bunch of unelected people making up laws any time they feel like it, without any legislative process.

American Consequences

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