The comptroller of New York City does not like the political opinions of a Texas business and the causes to which it contributes.


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Fascist: The Democratic comptroller of New York City does not like the political opinions of a Texas business and the conservative causes to which it contributes.

The next step: Investigate them and put them in prison for daring to support such causes.

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4 comments

  • Cotour

    Is the tail wagging the dog here?

    If Mr. Stringer does not like the way in which this company spends its money related to political contributions maybe he should make his moral statement and remove NYC’s investments from including this company in their portfolio. Does a company become symbiotically bound to an investor at this level? Should the CEO call Mr. Stringer to see what political cause HE would like to see the company to contribute to? Let me guess, they would be Democratically related. I can see a responsibility to act responsibly so as not to threaten the company’s stability but does political contribution rise to that level? I think not Mr. Stringer.

    And I don’t know if I would interpret :” legal, reputational and operational risks.” as a threat to “put them in prison”, maybe a little hyperbolic? I can find no other threat related to incarceration in this article.

  • My statement about prison was simply anticipating the process. A few years ago the left merely demonized their opponents, calling them names. Now they are beginning to pressure them with legal means — the IRS for example. Next, they will stop making believe they believe in freedom and start real criminal proceedings against their opponents.

  • “The reported contributions are extremely large for such a small company. . .”

    Market cap for the company is $1.5 billion. That’s not ‘small’ by any standard. NYC’s annual budget is $61 billion, but NYC takes their money; Clayton Williams Energy makes theirs.

    The donations under scrutiny come to about 1/10th of 1 percent of the market cap. That’s ‘extremely large’?

    I like the writer’s use of the term ‘liberal fascism’. That’s calling a spade a spade, and a term that needs more currency.

    This whole kerfuffle is another example of the Progressives minding someone else’s business. As long as the company is returning on investment through legal means, that’s the beginning and end of the Comptroller’s concern. If the Comptroller really feels the need to invest in more politically amenable companies, he’s certainly free to do so. But if the returns aren’t as good, he’s shirking his fiduciary duty.

  • Cotour

    If he is “seen” as shirking his fiduciary responsibilities shouldn’t he be prosecuted?

    This is the problem when you choose to subjectively draw lines based on what an individual would judge to be “moral” or politically correct, you get abuse of power. He can not help it, it is his nature. And human nature is THEE thing that must always be guarded against as it relates to government and the potential for abuses of power that comes along with being human.

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