Well, ladies and gentlemen, we’ve made it just about to the end of this year’s shareholder meeting season. We only have three recommendations at two meetings – one for this week, and one for the week after Independence Day. (Remember that you can cast your proxy votes on these proposals at any time until midnight of the night before the meeting; you need not wait until the week of the meeting to vote.) |
|
|
This will be the last regular weekly email of the season. Expect additional emails from us at FEP when rare out-of-season shareholder meetings draw near, or if other vital matters should arise. And look for us regularly again next spring as the 2021 season kicks off in earnest. |
|
|
In the meantime, thank you so much for your interest and your support. And a final request: will you let other investors who share our concerns know about our efforts at FEP and about our email newsletter? And keep an eye out for new FEP developments as the summer progresses, including a primer of additional ways to fight the leftwing takeover of American corporate and civic life.
Thanks!
Weekly Resolution Votes
|
|
|
June 25, 2020
Vote AGAINST a “human rights” proposal offered by Oxfam America – not because we’re opposed to human rights, properly understood, but because the category of human rights is being weaponized by the As You Sow Coalition as a way of pushing its leftist agenda while denigrating any common-sense centrist or right-of-center proposals as “hate” or “injustice.” The failures associated with appeasing these efforts have become only too wildly clear in recent weeks. We must object to them as they arise.
Read more about AYS Coalition efforts to use the language of human rights to drive center/right Americans out of public life entirely (in the context of a Facebook “human rights” proposal) on page 33 of our Investor Value Voter Guide.
Proposal 5 in Kroger’s Proxy Statement.
|
|
|
July 7, 2020
Vote AGAINST a pair of proposals raised by AYS Coalition members at Tesla. The first is an effort to bar arbitration of employment disputes, a troubling interference with management/employee relations that will raise costs without demonstrably improving working conditions for anyone. The second is an ostensible “human rights” proposal like the one raised at Kroger – but this one is even more blatant, labeling matters of workplace safety as "human rights" issues, when if anything they are simple issues for OSHA regulation. If human rights are to be taken seriously, the term must be reserved for established and agreed issues of significant import, not just “whatever the left wishes to achieve.”
As you will by now, at the end of the 2020 shareholder-meeting season, rightly and carefully have read everything included in our Investor Value Voter Guide, why not instead, this week after Independence Day of this astonishing year, refresh yourself with a few bracing paragraphs of The Declaration of Independence. You might also go outside and have a burger or a beer (or both) and gird yourself for the hard and heavy work we all face together in our joint efforts to keep the Republic we were granted.
Proposals 6 & 7 in Tesla’s Proxy Statement.
|
|
|
In response to the liberal left’s outsized influence over corporate proxy ballot matters, the Free Enterprise Project (FEP) has debuted its first annual Investor Value Voter Guide to educate investors who want to vote in line with conservative and religious values.
|
|
The Free Enterprise Project (FEP) is the liberty movement's only full-service shareholder and activism group that is effective in pushing corporate America back to neutral and out of the culture wars. Donations are tax-deductible and greatly appreciated.
|
|
|
|