27 Apr Investors Blast Pfizer, Bank of America for Supporting Left’s Agenda
During this week’s annual meetings, shareholder activists grilled Pfizer and Bank of America executives over support for left-wing causes and advocacy.
Citing 2ndVote’s research, representatives from the National Center for Public Policy Research’s Free Enterprise Project (FEP) asked Pfizer CEO Ian Read if his company’s partnership with UnidosUS, formerly known as La Raza, and other immigrant advocacy groups indicated support for unlawful sanctuary city policies. The FEP also asked Read if Pfizer supported the attacks on religious liberty carried out by the LGBT activists at the Human Rights Campaign (HRC).
Pfizer is one of the top donors to the Human Rights Campaign. HRC is perhaps the nation’s leading opponent of religious liberty. HRC also works to dictate corporate philanthropy away from conservative and Christian organizations. I highly doubt that when someone invests their hard-earned money with Pfizer that they anticipate those funds will be used to try and root out Christianity and oppose religious liberty.
Pfizer also contributes to UnidosUS, formerly known as La Raza, and partners with the League of Latin American Citizens, or LULAC. Both groups have openly lobbied for sanctuary city policies and essentially support amnesty for illegal aliens.
If these groups do not represent Pfizer’s position on immigration, then why would you fund them and what exactly is the company’s stance on immigration reform?
Can you explain to us investors why Pfizer is funding anti-religious bigotry and the promotion of sanctuary cities?
FEP representatives also called on Bank of America CEO Brian Moynihan to answer for the recent decision to sever ties with gun manufacturers:
The company is joining a list of corporations following the liberal whim of the moment and not looking out for the best interests of long-term shareholders. The company is also lending its voice to those who want to abolish the Second Amendment.
Let’s take a look at how another famous investor addressed this issue. CNBC asked Warren Buffett about corporations distancing themselves from the National Rifle Association and gun manufacturers and how Berkshire Hathaway would respond. Buffett replied: “I don’t believe in imposing my views on [our] employees and a million shareholders. I’m not their nanny on that… I don’t think that Berkshire should say we’re not going to do business with [gun folks]. I think that would be ridiculous.”
Earlier this year, Walgreens executives committed to reviewing their support for UnidosUS and LULAC due to pressure from these same shareholder activists. FEP’s work was also instrumental in prompting Joy Behar’s apology for likening Christianity to mental illness after raising the issue at Disney’s annual investor meeting.
You can help these companies understand why their support the left’s agenda is troubling to conservatives and people of faith. Just like investors, conservative consumers would rather do business with companies that remain neutral on the issues and focus on providing a good product or service.
Help us support FEP’s efforts by using these links to email Pfizer and Bank of America and let them know where you stand:
You can see where these companies stand on all the issues by checking out their scorepages in our database here.