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    America's Obama-Imposed Racial Scars Are Starting To Heal...Coinbase Proves It

    October 18, 2020
    America's Obama-Imposed Racial Scars Are Starting To Heal...Coinbase Proves It
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    Something is changing in America, for the better. You may not have noticed what happened a couple weeks ago, but it was very important just the same.

    American business is becoming wise to the tactics of 'woke capitalism', or 'critical race theory', or whatever you want to call it.

    What we used to call it extortion, blackmail. Andrew Breitbart called it 'Cultural Marxism', the ideology of creating division and class envy, for the elite's gain.

    At the end of September Brian Armstrong, the CEO of Coinbase, the largest cryptocurrency exchange in the U.S., put out a statement ending cultural Marxism's influence on his company. He did this because he saw the destructive nature of the ideology. After all, communism is destructive. It always leads to pain and death. Just ask the 200 million human beings who perished in the 20th century due to its existence and abuse.

    Armstrong tried to explain his decision in the kindest words possible, but the impact was felt far and wide in Silicon Valley, the cradle of American Marxism.

    The reason is that while I think these efforts are well intentioned, they have the potential to destroy a lot of value at most companies, both by being a distraction, and by creating internal division, Armstrong declared in a written statement.

    We’ve seen what internal strife at companies like Google and Facebook can do to productivity...We don’t advocate for any particular causes or candidates internally that are unrelated to our mission, because it is a distraction from our mission. Even if we all agree something is a problem, we may not all agree on the solution.

    As if to enshrine Armstrong's decision in the halls of truth and wisdom, former Twitter CEO Dick Costolo recently tweeted that “me-first capitalists” who disagree with injecting political activism into their workplaces will be “the first people lined up against the wall and shot in the revolution."

    Regarding Armstrong's directive, Costolo declared, “This isn’t great leadership. It’s the abdication of leadership. It’s the equivalent of telling your employees to ‘shut up and dribble.'”

    Coinbase will be better for its decision. As one example close to home, CDMedia had been approved for the Coinbase affiliate advertising program; however, we had backed off using it due to de-platforming of conservative voices in the recent past. Now we may reconsider this decision.


    In another stunning example of the diminishing returns of the red wave in America, Red Bull North American chief executive Stefan Kozak and North American president and chief of marketing Amy Taylor were both terminated from their positions after they attempted to force the company to support BLM by subversively creating racial tension within the company, reported Red State.

    Kozak and Taylor were reportedly trying to push the idea of systemic racism within the company in order to force in diversity hires. The internal tension reached a boiling point after 300 Red Bull employees signed a June 1 letter protesting its “public silence” in regards to BLM. This internal letter was somehow leaked to the public but Red Bull’s Austrian leadership knew where the real problem was and began to cut cancer out of the company with its firing of Kozak and Taylor.

    It doesn't take much to deter the mob, just someone to stand up and say no. They have no good ideas that work, just threats of violence and extortion.

    If Trump wins the election on Nov 3rd, we have a chance to get our country back from the Marxist wave that hit us.

    America is starting to heal.



    L Todd Wood

    L Todd Wood, a graduate of the U.S. Air Force Academy, flew special operations helicopters supporting SEAL Team 6, Delta Force and others. After leaving the military, he pursued his other passion, finance, spending 18 years on Wall Street trading emerging market debt, and later, writing. The first of his many thrillers is "Currency." Todd has been a national security columnist for The Washington Times and contributed to One American News, Fox Business, Newsmax TV, Moscow Times, Novaya Vremya (Ukraine), the New York Post, National Review, the Jerusalem Post, Zero Hedge and others. He is also founder/publisher of CDM. For more information about L. Todd Wood, visit LToddWood.com.
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    Marilyn Crawford

    Our nation racial issues were healing until Obama bigots moved into the White House. They reignited them with all their bitching.


    Whoa, hold on here. According to Forbes: "The firings came just weeks after employees leaked an internal letter addressed to Kozak and Taylor and signed by over 300 employees in which Red Bull leadership was criticized for what the employees called its “public silence” on the Black Lives Matter movement."

    This is exactly the opposite of what this article claims. They were fired because they didn't publicly support BLM.
    So what is the truth?


    This article said the CEO explained the company would not be advocating anything that was not part of their mission. In other words, if it is not the about their company mission, there would be no public activism on issues, especially since 'Even if we all agree something is a problem, we may not all agree on the solution.' In other words, since the employees would have differences of opinion on the issue, they would not create company strife by advocating one opinion over another.

    I hope that helps you understand the different ways the same stance has been presented in the two different sources you cite. This article was not a statement which was opposite of what Forbes wrote.


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