Meeting of Minds Podcast Salem Podcast Network

A group of 14 state-level financial officials, led by Nebraska state Treasurer John Murante, recently wrote a letter to the CEO of JPMorgan Chase asking the bank to account for the recent cancellation of banking services to conservative organizations. Murante also discussed a new Biden proposal to impose an extra tax on mortgages for people with high credit ratings, a move likely to hurt the people it is intended to help as well as the banking system.
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Stephen Moore is one of the leading voices in favor of economic freedom and wealth creation. But being pro-wealth doesn’t necessarily mean being automatically pro-business. Moore talks about a new report created by The Committee to Unleash Prosperity https://committeetounleashprosperity.com/ , which exposes how many of the most trusted names in finance have been actually voting with their clients’ money for decarbonization and other policies, which if they were enacted, would severely harm their clients. Few people know that when they invest their money in investment funds, they give up their right to vote on corporate ballots, delegating their voices and their votes to fund managers. But fund managers, often unwittingly, end up voting for policies that are anti-growth, racially charged and highly ideological. Moore and Bowyer discuss the new index, what it tells us about the finance industry and also the limitations of the research.
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David Bahnsen of The Bahnsen Group has used his authority as an investor to put a resolution on the ballot of JPMorgan Chase’s annual meeting held on Tuesday, which asks the company to be transparent about a troubling apparent pattern of debanking conservatives such as former Ambassador for religious liberty Sam Brownback. Bahnsen explains the difference between shareholder activism (which is hostile to capitalism) and shareholder engagement (which affirms the capitalist system). And he explains precisely how he and other investors can put corporate America back on track to wealth creation and away from social engineering.
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Stephen Soukup is the leading intellectual critic of the "Woke Capitalism" movement, including its stakeholder capitalism and ESG investing elements. He talks with Meeting of Minds about his book, The Dictatorship of Woke Capital (Stephen R. Soukup - Encounter Books), and the intellectual and spiritual roots of that movement. Soukup's historical research reveals how intellectual elites built governance structures intentionally designed to minimize the ability of citizens to use their voting authority to determine policy, and how those insulated power structures which they built were captured by cultural revolutionaries. His research can be found at Home - Woke Capital.
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Paul Chesser of the Corporate Integrity Project talks about why he and others have filed a statement in opposition to a proposal to be voted on by the shareholders of the Coca-Cola company, which would pressure the company to divest from pro-life states. The proposal is being voted on during Coca-Cola's annual meeting tomorrow morning, April 25th, 8:30 AM EDT.
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Will Hild is the Executive Director of Consumers’ Research (Consumers' Research (consumersresearch.org), America's oldest consumer advocacy group. Hild told Meeting of Minds that "stakeholder capitalism" models of money management hurt the customer by diluting financial return goals in favor of social ones. He also explained the failure of Silicon Valley Bank as an example in which the customers' and shareholders' interests were demoted beneath the political agenda of managers. Hild also discusses a recently released resource (Home - Our Money Our Values) which helps ordinary citizens who want to understand what ESG is and how it harms them.
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