by Paul Craig Roberts, Paul Craig Roberts:
Do your country a favor and ask yourself why the US corporate and financial world have organized to force straight Americans to celebrate sexual perversity for ONE MONTH? Why do corporate executives and boards think we should be proud of sexual perversity? Who organized this campaign against normality? Why did corporate executives and boards put the self-serving interest of sexual perverts ahead of the interests of their stockholders and their own performance bonuses? Why aren’t we instead celebrating normality?
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Here is a report on the enormous harm the executives and board of Anheuser-Busch did to its shareholders and to the capitalization of the corporation by going woke on sexual perversion: Sales of Bud Light fell 28.5%. Anheuser-Busch’s market capitalization dropped $18 billion. Shareholders took a $9.46 drop in each share price, more than a 15% decline equivalent to a major stock market correction. Ask yourself: How was a major international corporation pressed into doing so much damage to itself and its investors simply for the benefit of a tiny minority of unimportant marginal people who amount to nothing?
And it wasn’t just Anheuser-Busch and Target. It was a large number of businesses.
The support of corporations for Pride Month makes nonsense out of economic theory in which corporations serve the interest of shareholders. Suppose you had 1,000 shares of Anheuser-Busch. The idiots managing the company just cost you $9,460. Suppose your pension fund had 10,000 shares. There goes $94,600. Suppose you are BlackRock with 100,000 shares, You are out $946,000. So why is BlackRock sponsoring Pride Month?
Clearly there is a well-organized conspiracy in the Western world against normality, a conspiracy dedicated to constructing a Sodom & Gomorrah. Who is behind this? Why are leading corporations participating in this effort to overthrow the traditional family, parental authority, traditional morality, and traditional society? Who gains from this idiocy. Why are Western peoples tolerating this blatant conspiracy against them? Why do they drink Anheuser-Busch beer, shop at Target, bank with woke financial institutions? Are Western peoples so insouciant that they have no idea what is happening, or do they just not care?
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