When the customer/loan portfolio of any bank is weighted heavily toward one industry, its fortunes will be more closely tied to the fortunes of that industry. The failure of such an institution will have painful consequences within the sector it serves, but is...
The Selling Out of America: Global Adversaries
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Technology has leveled the playing field for companies to expand their market share through global partners. Often, these relationships can put our national interest in harm’s way. How do businesses go about protecting self-interests and balance those with shared interests on a global scale? A recent Wall Street Journal interview with Secretary of State Mike Pompeo questioned U.S. multinational corporations’ role and their global interests balanced with our national security.
“I think every business leader who is operating internationally understands that it is important to make sure: a) that you aren’t contributing to massive human-rights violations; and b) that you are operating in a way that, even if it has a short-term cost to your own business, fundamentally works toward making sure that the opportunities for freedom-loving nations, for rules-abiding nations, continue to exist, and that you aren’t helping to underwrite authoritarian regimes that want to take away the very freedoms that have led you and your company to be successful,” Pompeo says. “I can’t tell you how many CEOs have come into my office and quietly, because they do business there, told me they’re getting ripped off, that the Chinese Communist Party is stealing from them.”
As consumers, we have a responsibility to know and understand that many of the companies we’re doing business with, both locally and globally, do not have our best interests or shared values. Often, they undermine everything we value as Americans. Are we taking the time as consumers to really understand the purchasing power of a dollar?
“These companies should be held accountable for the damage they’ve done, and if they don’t, they should be boycotted,” Michael Johns says.
The Selling Out of America is a two-part series. The first is focused on domestic terror and the funding of these groups, with Dr. Ron Martinelli. The second part of the series is focused on our global adversaries and the companies that are funding these relationships, with Michael Johns.
Michael Johns is a national co-founder and leader of the U.S. Tea Party movement. He has served previously as a White House speechwriter to President George H.W. Bush, a senior aide to a U.S. Senator and Governor, and a policy analyst at The Heritage Foundation.
A new group has been formed to put the emphasis on our personal and fiscal responsibility as citizens to be conscious of where we spend our money. It’s done through a nationwide database of linking consumers with businesses who share their values. https://shoptotheright.com
Ken Manne is a CPA from NYC who currently resides in PA. His allegiance is to God, family, friends, country, and party, in that order. Alan Wieder is in sales, marketing, and real estate. Alan is an active-duty volunteer firefighter and is a staunch supporter of law enforcement and our country’s great veterans.
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