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As the Democrat Party has moved further left, so has Big Business, making for an unholy new alliance that poses a powerful threat to American freedoms.
President Joe Biden is reportedly aware of the falling out between the Republican Party and corporate America and is ready to work together with Wall Street to push socialist policies on the public both through government and the private sector.
“What President Biden realizes is that business is now ready to engage and they are an important voice at the table,” Valerie Jarrett, a former advisor to President Obama, told Politico. “Big business isn’t simply relying on Republicans to look out for their interests. They’re looking out for their own interests and getting more involved.”
Over recent years, the business community has increasingly become more politically active — and the bent of that activity has tended to sway left.
For example, PayPal canceled plans to build an operations center in North Carolina in 2016 owing to a state law prohibiting “transgender” individuals from using public restrooms opposite their biological sex. In 2018, Walmart and Dick’s Sporting Goods raised the age requirement for gun sales in response to the Marjory Stoneman Douglas High School shooting in Parkland, Florida.
Many Americans are also concerned about left-wing bias at Big Tech corporations, which has led to the censoring, banning, demonetizing, and suppressing of predominantly conservative accounts.
Moreover, major companies have recently condemned efforts by Georgia and other states to make their election processes more secure, suggesting Republican lawmakers are simply reacting poorly to Biden’s defeat of Donald Trump in the 2020 presidential election.
In fact, hundreds of corporations on Wednesday signed a letter denouncing legislation that restricts “any eligible voter from having an equal and fair opportunity to cast a ballot.”
The signatories of the letter include General Motors, Netflix, Starbucks, Amazon, BlackRock, Google, and Berkshire Hathaway CEO Warren Buffett.
The statement itself was facilitated by former American Express CEO Kenneth Chenault and Merck CEO Kenneth Frazier, and came after companies such as Delta Air Lines, Coca Cola, Facebook, Apple, Microsoft, and Google had already spoken out against Georgia’s election-reform bill.
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As Politico notes, the infamous Rothschild banking dynasty is involved in the effort to merge the Democrat Party’s socialism with Big Business’ financial power:
Last weekend, more than 100 business leaders held a rare online meeting to discuss what action they should take in the wake of similar voting bills being considered in states across the country. Lynn Forester de Rothschild, founder of the Coalition for Inclusive Capitalism and one of the three people who helped coordinate the meeting, urged Biden to be more vocal about his desire to work with business leaders.
“My inclination is to trust him to not be in the pockets of corporations at the expense of people and planet but he definitely wants to have a vibrant business community that takes care of our society,” she said in an interview.
Joining in the fight against Republican election-integrity bills are Wall Street firms and attorneys at some of the nation’s top law offices.
The New York Times reports that these firms are working with the Brennan Center for Justice, which is heavily funded by billionaire George Soros.
In 2019, the Brennan Center for Justice not only took money from Soros’s Open Society Foundations, but from the Ford Foundation; Bank of America; the Tides Foundation; Paul, Weiss, Rifkind, Wharton & Garrison LLP; PayPal; JPMorgan Chase; Microsoft; PepsiCo; and Comcast NBCUniversal.
The center’s effort involves targeting state legislators in Georgia, Texas, New Hampshire, Florida, Michigan, and Arizona to stop “voter suppressive bills,” which includes legislation mandating ID to vote.
“I do think he has an appreciation of the role that corporate America can play in addressing what we would define as social, political and cultural issues — not the least because he understands consumer-facing businesses have an imperative to understand their market,” a Biden advisor said.
The GOP has traditionally been considered to be the party of Big Business, but this dynamic has changed, as Republican voters feel ever more disenchanted with the companies using their power to assault conservative principles.
Republicans are increasingly open to restrictions on corporations, especially on Silicon Valley firms.
Concerns about the power of such corporations have prompted proposals from some Republicans, such as Senator Josh Hawley (R-Mo.), who this week introduced his Trust-Busting for the Twenty-First Century Act to further empower federal regulators to break the monopolistic practices of Big Tech firms.
It appears that the GOP is no longer the party of Big Business. And corporate America is no longer a place for constitutionalists.
