David Hogg just met his match. He recently announced a book release and his archrival and nemesis, Kyle Kashuv, stopped by to put his foot down with some stone cold facts that left Hogg speechless.
Hogg recently became popular after the Parkland s******g. He spoke out about g**s and started calling for boycotts against Fox News anchor Laura Ingraham. She stated that he is a whiner, and then Hogg demanded that all of Ingraham’s sponsors boycott her and she loses her job. The Ingraham boycott failed as her ratings are better than ever.
Hogg took to Twitter to announce that he has yet another boycott coming up.
“Going to announce another boycott this week… Stay tuned ” tweeted Hogg with a GIF of Kermit the Frog.
— David Hogg (@davidhogg111) April 17, 2018
That is another one of his boycotts, except that this time he ran into his nemesis, Kyle Kashuv, who isn’t being coerced by the left in order to forward their own political agenda.
— Kyle Kashuv (@KyleKashuv) April 17, 2018
David Hogg wasn’t aware of the fact that Twitter is partly owned by Blackrock which is the newest target of this his boycott frenzy.
The leftist political organizations and the millionaires and billionaires who fund them are obsessed with divestments.
David Hogg seems obsessed with people paying attention to him. He may be discarded in the same way the left discarded Cindy Sheehan when they saw she was unable to help get John Kerry elected over President George W. Bush in the 2004 Presidential election.
Yahoo News reported more about Blackrock and Vanguard, the two companies Hogg called a boycott on: “BlackRock, Invesco (IVZ) and Vanguard are the top three institutional holders of American Outdoor Brands (AOBC), the parent company of Smith & Wesson Corp., one of the world’s largest g*n manufacturers. BlackRock and Vanguard are also the largest holders of gunmaker Sturm Ruger (RGR).
Many of these funds are passively managed, which means companies like American Outdoor Brands and Sturm Ruger are in their portfolios because they are part of major stock market indexes.
Earlier this month, BlackRock, the world’s largest asset manager, announced that it would offer two new exchange-traded funds and new index-tracking products for pensions and 401(k) plans that exclude stocks of gunmakers and large g*n retailers. This was in response to the mounting pressure from customers urging Wall Street to take a stand on the g*n debate.
The new funds will not invest in American Outdoor Brands, Sturm Ruger, Walmart (WMT), Dick’s Sporting Goods (DKS), Kroger (KR), and Vista Outdoor (VSTO), a BlackRock spokesperson told CNBC.
Vanguard offers the FTSE Social Index Fund, which screens companies based on social and environmental criteria, excluding g*n manufacturers.
But, Hogg is not satisfied with these auxiliary options and is encouraging his 764,000 followers to boycott holding groups like Vanguard and BlackRock.
In a statement to Yahoo Finance, a Vanguard spokesperson said the firm “shares many individuals’ concerns about public safety and firearm access and hopes that policymakers take appropriate action to protect Americans from g*n violence. Schools, churches and public spaces should always be safe places for all individuals.”
“Vanguard is taking action, meeting with the leaders of g*n manufacturers and distributors. We want to know how they will mitigate the risks that their products pose and how they plan to help prevent such tragedies from happening again. We believe that boards and managements of g*n manufacturers should disclose and reduce the risks associated with g*n violence and the ongoing national debate on g*n safety and control. We believe that when a business poses a risk to society, it can also pose a risk to investors. We are expressing this viewpoint directly with company leaders because we believe greater focus and transparency on these issues will ultimately benefit society and investors alike,” she added.”
Are boycotts effective? Or are boycotts an adult way of whining? People often wonder if it’s worth it to boycott something that has not directly affected their life. For example, when someone boycotts a store because they had a terrible experience, but someone else had a wonderful experience, then why should they boycott?
A boycott might make more sense if a company is well known to treat lots of people horribly and provide a terrible product or service. Most businesses will have people who are satisfied and always have a few who are not ever satisfied.
Another question to ponder is if it’s worth boycotting something just because some random person says to do so? Many argue that answer is no. It would not be worth boycotting one of these locations simply because a teenager barks about it on Twitter.
Do you boycott things? Comment below and share this with your friends. Have a great discussion on social media about this!