American consumers started boycotting Target in May, after the retail chain rolled out its Pride collection, which included some items that targeted children, including books, home décor products, and transgender swimsuits for adults with a “tuck-friendly” feature. In the first two weeks of May, when the company’s Pride controversy began to go viral, its market capitalization declined by $1.85 billion. …Total institutional inflows for Target were about $35 million in Q2 compared with $2.14 billion in the first quarter, according to data from MarketBeat. Meanwhile, total outflows for Q2 were $91.4 million, down from $1.07 billion in the previous quarter. …Target’s Pride campaign and its financial support to organizations such as GLSEN that facilitate “secret gender transitions for kids” raises concerns regarding child protection laws of various states and also the economic interest of the company’s shareholders, it stated.
Day: July 17, 2023
The Fact-Check Racket Finally Unravels – Epoch Times Commentary
Before the COVID lockdowns, social media companies had started contracting with new third-parties organizations called fact-checkers to assist in “content creation.” Getting a pass meant the post or story was amplified but getting dinged for inaccuracy meant that the post would be throttled or deleted…. As time went on, the attempts to censor became more brazen and obvious. Then the Twitter files and other FOIAs generated proof of what many suspected all along. These entities were funded either directly or indirectly by government or by other dark-money sources as quid pro quos for other relationships they had cultivated with interested parties. In other words, they were not some independent, science-based entities at all but rather hit squads with a hard political agenda. What was actually happening here was a form of censorship laundering. Government wants to censor but cannot so it turns to the social-media company to do the dirty work.