‘Literally fascism’: Cali lawmakers just took a major step to control who sits on corporate boardrooms

[sharenow]

California took another step closer to fascism as the state passed a bill mandating at least one woman on every corporate board.

State legislators on Wednesday moved forward on telling publicly-traded companies headquartered in California who to hire in the name of equality – or face a penalty, CNN reported.

California would be the first state with such a requirement if its liberal Governor Jerry Brown signs the bill.

And this in a state that already welcomes illegal immigrants with sanctuary-state open arms – even providing them with drivers licenses – and boasts about environmental awareness in cities like San Francisco by banning plastic straws – while citizens try to avoid hypodermic needles and human feces overrunning the sidewalks.

With the state’s recent passing of a bill legislating that restaurants can only serve water or unflavored milk with children’s meals, it seems like no surprise that it is now looking to control corporate board rooms as well.

“One-fourth of California’s publicly traded companies still do not have a single woman on their board, despite numerous independent studies that show companies with women on their board are more profitable and productive,” California state Senator Hannah-Beth Jackson told The Wall Street Journal on Wednesday.

“With women comprising over half the population and making over 70% of purchasing decisions, their insight is critical to discussions and decisions that affect corporate culture, actions and profitability,” she said.

The bill requires companies that have five directors to add two women by the end of 2021, while companies with six or more directors would have to add at least three more women. Currently, some companies based in the state – like  Skechers and Tivo – don’t have any women on their boards.

“People don’t change what they’ve always been doing easily,” Vicki W. Kramer, author of the 2006 study, “Critical Mass on Corporate Boards,” said, according to CNN.

“I don’t think without real pressure and real consequences we’re going to see changes,” she said, noting that companies will not diversify unless they are required to do so.

But Kramer also argued that one woman on the board is not even enough.

“One is definitely not enough,” she said. “But at least with companies that have none, to at least just get one — and then let’s go from there. But one is not enough. One is a token.”

While the left continues to push California further out of the scope of reason, Twitter users seemed not too surprised by the latest attempt at control.

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[sharenow]
Frieda Powers

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