Investment bank Goldman Sachs is embracing race-based quotas as part of a new affirmative-action hiring program to promote “diversity and inclusion.”
Predictably, whites and Asians are not included, so no extra effort will be made to hire qualified individuals from these races.
Whites and Asians: Forget You
In a press release March 18, Goldman said the new hiring plan is part of an effort to socially engineer a “truly diverse workforce.”
After bragging that it had achieved a “significant increase” in its recruitment of women, blacks, and Hispanics in 2018, Goldman says it’s redoubling its efforts this year.
These are the minimum race-based quotas the money manager wants to achieve in 2019:
- 14% Hispanic.
- 11% blacks.
- 50% women.
Goldman Sachs is also making an effort to hire more women and minorities as senior-level executives: “It is important that we increase the representation of all diverse communities across seniority levels.”
Goldman’s No. 1 Job Is to Make Money For Its Clients
As a publicly-traded company, Goldman Sachs’ No. 1 priority is to make money for its clients and shareholders.
However, this time Goldman — which oversees $1.5 trillion in assets under management — is making forced “diversity” a pressing consideration.
Many Twitter users mocked Goldman’s transition into SJW cheerleader. “Great, so you will be hiring more white Christians? I don’t remember many there.”
great, so you will be hiring more white Christians? I don’t remember many there.
— Denis O’Bell (@commonsenzze) March 18, 2019
“Cool, so when clients lose their money they can think to themselves, ‘at least the person who worked with me was not white.'”
Cool so when clients lose their money they can think to themselves “at least the person who worked with me was not white.”
— – (@NateMurdoch) March 18, 2019
“It failed miserably under Obama and it will fail miserably for Goldman Sachs.”
It failed miserably under Obama and it will fail miserably for @GoldmanSachs .
— Seewetoldu (@rhhhhh380) March 18, 2019
“Hire people based on skill not skin color or gender.”
hire people based on skill not skin color or gender
— thesniperjob (@thesniperjob) March 18, 2019
College Admissions Bribery Scandal Shows Meritocracy Is Dead
Virtue-signal at any cost — as long as it’s with OPM (Other People’s Money).
Ironically, Goldman Sachs is launching its gender- and race-based hiring program on the heels of the college admissions bribery scandal.
As BizPac Review reported, rich Hollywood celebrities and business executives paid up to $6.5 million to guarantee that their underachieving children get accepted to elite universities such as Yale, Stanford, University of Southern California, and UCLA.
The news infuriated millions of Americans, who once again felt that so-called elites are “rigging the system” against the average, middle-class, hard-working individual who plays by the rules.
Elizabeth Warren Is the Result of ‘Affirmative Action’
Democrat Senator Elizabeth Warren has emerged as the face of “failed affirmative action” after being caught falsely claiming she was Native American in order to benefit from race-based recruitment programs designed to benefit actual minorities.
In 2012, Warren admitted that she told Harvard and the University of Pennsylvania that she was Native-American while applying for teaching jobs. Not surprisingly, both Ivy League schools jumped to recruit her.
Harvard Bragged About Its Token Fauxcohontas
Thanks to her shameless exploitation of her phony minority status, Warren — who graduated from Rutgers Law School — was hired as a professor at Harvard Law School, where she was listed as a “woman of color.”
In its promotional materials, Harvard bragged about having the rare token Native American on its faculty. They are the holy grail of minorities because Native Americans are extremely underrepresented in both academia and the corporate world. If any group deserves special recruitment consideration, it’s Native Americans.
As a result of her bogus claims, President Trump (and millions of Americans) have mocked Elizabeth Warren as “Pocahontas.” Or more fittingly, “Faux-cohontas” and “Princess Spreading Bull.”
Leftists Like Kamala Harris Want Slavery Reparations
Meanwhile, Goldman Sachs’ affirmative-action hiring program is coming at a time when there’s a massive resurgence on the left for “slavery reparations.”
Democrat Senator Kamala Harris is among those who say whites should pay “slavery reparations” to black Americans. Does that mean that people who are half-white like Barack Obama have to pay reparations to himself?
— Conservative News (@BIZPACReview) February 18, 2017
Civil Rights Activist Bemoans Today’s ‘Entitled’ Youth
In response to the “slavery reparation” uproar, civil rights activist Robert Woodson slammed today’s spoiled, “entitled” generation.
Woodson says they have destroyed the civil rights movement and turned it into a Race Grievance industry.
“It’s the most ridiculous proposal that I’ve ever heard. First of all, it’s important to deconstruct it a little bit. With reparations, the question is who pays and who gets paid?
People don’t realize that there were blacks who owned slaves as well. There were 3,700 blacks that owned 12,000 slaves. And three tribes — the Chickasaw tribes, the Creek Indians — they owned 3,500 slaves.
So the question should be: Who pays? Do the sons and daughters of those blacks and Native Americans that owned slaves, do they pay?”
Robert Woodson also asked if whites who came to the United States from Europe long after slavery ended are required to pay “slavery reparations” simply because of their skin tone.
“What about the whites who came here after slavery? What about the hundreds of thousands who died fighting in the Civil War who never owned slaves?
It’s also providing exemption from personal responsibility. All the problems that black America has, for someone to say that the answers to those challenges are external.
Let’s just say we accept the premise that reparations should be paid. What problem does it solve? If whites paid blacks money on Monday and we come back two weeks later, what would be the impact on black-on-black crime? What would be the impact of drug addiction? About the high dropout rate?
And so I just think it’s lethal for us to just talk about a simplistic remedy so we can virtue-signal on the issue of race and appear to be champions.”
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