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GIFT IDEAS TO DELIGHT EVERY MOM IN YOUR LIFE

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/UxM5jvVZJQ4 Mother’s Day is one of the biggest retail holidays of the year and consumers are expected to spend more than $25 billion in 2022. A few of the most popular gifting trends include flowers, jewelry, and sweets. Although, spa visits, restaurant gift certificates, and electronics continue to see record levels of spending. Sunday, May 8 th is Mother’s Day, the perfect time to think about and celebrate the mothers and mother figures in your life. According to a recent survey, many moms are happy with a greeting card or a special experience with their family. In fact, staycations are another growing trend, whether visiting a local green space, movie theater, or museum, moms are asking for more quality time with loved ones. Braun-Silva has some of the best bets to make moms happy this Mother’s Day. SHOP & DELIVER: Braun-Silva says once you know this year’s top gifts, it’s important to know how to get them into your mom’s hands. The Lifestyle Expert recommends DoorDash, saying, “It has everything you need to treat mom this Mother’s Day, including those restaurant meals, groceries, baked goods, retail gifts, alcohol, and now—flowers.” This Mother’s Day, consumers are able to order mom a beautiful bouquet of flowers through DoorDash. The popular service has partnered with more than 4,000 local and national florists across the country for on-demand delivery. Braun-Silva explains, “The way I see it, this is the perfect way to send flowers to all the moms in your life—whether you want to schedule a delivery in advance, send a bouquet across the country, or have flowers delivered on-demand. DoorDash makes gifting so easy and convenient. For more information, go to DoorDash.com. Direct link: https://www.doordash.com/ Social media handles: @doordash NEVER GO OUT OF STYLE: Braun-Silva acknowledges that many moms sacrifice on beauty and style to focus their attention on their families. That’s why she wants to help women feel like the best version of themselves. She admits to knowing the feeling, “I’m the mom of two boys that bring me so much happiness. However, sometimes I want to get dressed up and do a day with my girls.” This Mother’s Day, she recommends finding cute and fashionable dresses for every woman on your list, adding, “Now that it’s getting warmer, I can’t wait to put on a dress. So, I turn to Kohl’s.” Whether you’re attending a brunch or want to give the gift of must-have staples to rotate throughout the season, she says Kohl’s exclusive Draper James RSVP, Simply Vera Vera Wang and Lauren Lane x Sonoma collections will have something for everyone. She points out that, “The florals look fantastic, and stripes and patterns are always a fun way for moms to express their personal style and taste in clothing.” The lifestyle expert highlights another trend, saturated colors, like Kelly green, hot pink, and tangerine. As Mother’s Day approaches, she says Kohl’s is here to make shopping a breeze for everyone, especially all the moms in your life. For more information, go to Kohls.com. Direct link: https://www.kohls.com Social media handles: Facebook Instagram TikTok Twitter Hashtag: #KohlsFinds HAIR WITH A FLARE: Another category Braun-Silva wants consumers to consider when gifting is Beauty. She says Mother’s Day is always about women feeling their best as they spend time with their loved ones, adding, “If we feel good on the inside, we want to show it on the outside.” She steps away from the obvious, skincare routines, and focuses on hair. The lifestyle expert says, “I may not be on a curly journey, but, a few of my girlfriends are—they have naturally curly hair. And, for curls that transform through heat, color, protective styling and more, the DevaCurl® CurlBond™ product line allows you to Live Your Curls without the fear of damage in just one wash.” One product she recommends, the DevaCurl CurlBond Mask, includes DevaCurl’s Patented CurlBond Complex, which is dermatologist co-developed, backed by science and stylist approved. It repairs broken bonds & recoils curls from the inside-out, helping curls to flex through heat, color, detangling, and everything in between with improved strength. The brand attracts conscious consumers and moms, because all the DevaCurl CurlBond products are formulated with everything curls love and nothing they don’t! They are vegan, cruelty-free, and made without SLS/SLES sulfates, silicones, parabens, and gluten. For more information, visit Devacurl.com. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 03, 2022 02:00 PM Eastern Daylight Time

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The Alliance for Education Releases Annual Report Demonstrating Support for Seattle Students

Alliance for Education

The Alliance for Education (the Alliance), Seattle’s only local education fund, released their 2021 annual report today. The report highlights the success of Alliance programs that support students, families, and teachers across all 106 Seattle public schools. According to the annual report, one program in particular, the Right Now Needs Fund, fulfilled 12,617 individual requests for support for students and families at Seattle Public Schools in the past year. The Right Now Needs Fund works directly at the school level to provide funding for clothing, food, health, internet, and housing costs for students and families across Seattle Public Schools, allowing students to focus on learning by supporting their success within and beyond the classroom. According to the report, of the requests fulfilled from September 2020 to August 2021, 56 percent provided food, 31 percent went toward shelter for students and families, six percent provided school supplies, six percent for clothing, and one percent funded internet costs. Since its launch in 2018 with a generous donation from Amazon, the Right Now Needs Fund has reported more than 35,000 individual instances of support for students and families across all 106 schools. “Our students succeed when they have access to an education system that equitably supports every student in Seattle’s diverse community. As an independent, local education fund, we act quickly to convene community partners to address these challenges by developing, investing, and partnering in programs and pathways that increase equity for Seattle students. We rely on the generous donations of our community to design, implement, and fund the programs and pathways that make Seattle Public Schools an equitable school system where our students thrive,” said Lisa Chick, CEO of the Alliance for Education. In addition to the Right Now Needs Fund, the Alliance raises funds and develops programs that address existing inequities preventing students from receiving the education they deserve. The 2021 annual report demonstrates the impact of its fundraising for the following programs that support Seattle teachers, students, and their families. The Seattle Teacher Residency program was developed in partnership with the University of Washington, Seattle Education Association, and Seattle Public Schools to train educators to teach in culturally and linguistically diverse communities. The program places diverse cohorts of highly-qualified teachers in Title I schools which are most impacted by poverty. Currently, 155 Seattle Teacher Residency graduates teach in Seattle Public Schools. The Education Equity Fund was created by the Alliance to serve Seattle students, families, and teachers during times of crisis. During the pandemic, the fund provided 10,000 laptops, 24/7 tech support, teacher training for remote learning, 25,000 meals for students, and more. The Alliance supported the creation of the Office of African American Male Achievement at Seattle Public Schools by raising $2.5 million to fuel its first three years of work. The Office of African American Male Achievement is the first of its kind in Washington, creating a framework that aligns strategy and practices across the district to ensure Seattle Public Schools has the culture, conditions, staff competencies, and community connections in place for all Black boys and teens to excel in their education. Together these programs offer necessary support to help Seattle students receive an excellent and equitable education to reach their fullest potential. Learn more about the Alliance’s philanthropic partnerships and programming impacts in the recently released annual report. ### The Alliance for Education works in close partnership with Seattle Public Schools and other community partners to convene stakeholders, create programs and raise funds designed to advance educational justice and racial equity in Seattle’s public school system. To learn more about the Alliance for Education, visit www.alliance4ed.org. Contact Details Elle Carlos +1 951-217-5380 ecarlos@wearerally.com Company Website https://www.alliance4ed.org/

May 03, 2022 08:03 AM Pacific Daylight Time

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Popular Gifting Trends for Mother's Day

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/SdtdOyh8kmE Sunday, May 8 th is Mother’s Day, the perfect time to honor all the moms in your life. According to the National Retail Federation, shoppers planned on spending about $220 on Mother’s Day gifts in 2021. That number is expected to go up this year, due in part to limited COVID restrictions, various consumer deals, and the popularity of online shopping—including free shipping and easy return policies. Online searches have determined a few of this year’s biggest Mother’s Day gifting trends. As expected, flowers, jewelry, and sweets topped the list. However, restaurant-related searches and electronics are seeing record levels of spending this year. A recent Microsoft survey discovered more than 20% of mothers said they would like a spa visit. This is aligned with another shopping trend, which is shopping and supporting local businesses. Industry insiders say Mother’s Day is one of the biggest retail holidays of the year and expect to see more than $25 billion in spending in 2022. Fister has some gifting tips to help make mom’s heart melt this upcoming Mother’s Day. SKIN IS IN: Mother’s Day is less than a week away and Fister say’s it’s always a good idea to think outside of the box. Skincare is one of the first things that comes to her mind for this year’s Mother’s Day. The Beauty Expert says, “I’m really loving the high-performance Korean skincare brand, Sulwhasoo,” pointing out their Bestsellers Trial Kit, which features a few favorites, including their #1 selling First Care Activating Serum. It’s a radiance enhancing, anti-aging serum that also helps boost the absorption of following skincare products used on top.” The First Care Radiance Set is a limited edition 4-piece set of bestsellers that either clears impurities, amplifies hydration, or smooths one’s complexion for an everlasting glow. Finally, Fister says the Concentrated Ginseng Renewing Cream Set is a luxury gift set featuring new and improved silky-soft, anti-aging Concentrated Ginseng Renewing Cream. For more information, go to US.Sulwhasoo.com. Direct link: Bestsellers Trial Kit: https://us.sulwhasoo.com/collections/korean-skin-care-sets/products/bestsellers-trial-kit-1 First Care Radiance Set: https://us.sulwhasoo.com/collections/korean-skin-care-sets/products/first-care-radiance-set Concentrated Ginseng Renewing Cream Set: https://us.sulwhasoo.com/collections/korean-skin-care-sets/products/concentrated-ginseng-renewing-cream-set Social media handles: Facebook: @ sulwhasoo.us Instagram: @ Sulwhasoo.us PRIORITIZE HEALTH & WELL-BEING: Health and well-being have really become a priority over the past two years. The beauty and lifestyle expert says, “Now’s the time to help moms live happier and healthier lives.” As a mom, Fister points out that finding balance is incredibly important. This includes everyday feelings of being run down, stressed out, or in need of a little R&R. Fister’s view on self-care is loud and clear, “I’m loving The Good Patch.” This brand makes plant-powered wearable wellness patches for life’s everyday struggles, such as sleep and stress. Fister highlights that the patches are easy to use. The consumer just peels & sticks the patch to their wrist (or any venous area). The B12 Awake patch gives a user’s day a boost. It’s made with caffeine, green tea, and vitamin B12. Perfect for getting through that afternoon slump. The Relax patch is perfect for unwinding and decompressing on stressful days. It’s made with ashwagandha, passionflower, and rhodiola. “Perfect for dealing with the “joys” of parenting,” Fister jokes. The Dream patch is for getting some quality sleep. It’s made with 10mg melatonin, valerian root, and hops. This is ideal for travel, red-eyes, or even just a good nap. Fister says The Good Patches can be worn all day, delivering a sustained release of ingredients over 8-12 hours. They are available at Target, ULTA, and CVS. For more information, go to TheGoodPatch.com Direct link: https://thegoodpatch.com/ Social media handles: Facebook, Instagram, and TikTok: @thegoodpatch KEEP IT SOFT & STYLISH: The popularity of athleisure in the fashion industry continues to boom. Fister says it will definitely be noticeable this Mother’s Day, adding, “Who doesn’t love stylish leggings, sweatpants, and loungewear? They’ve become staples to our wardrobes… have they not, ladies?!? This year, she says a fun idea is for moms to coordinate with their mini, otherwise known as their daughter. “A brand I love is Spiritual Gangster,” says Fister, adding, “This brand is my go-to for leggings, soft fleece sweats, and fun graphic styles all rooted in optimism which I think we can all use more of right now. They also have a fantastic Mini Me Collection.” The beauty and lifestyle expert says the feminine floral active set has a matching girls legging that are both made from eco-conscious performance fabric— a super soft blend of recycled fibers and cooling yarns. Fister points out, “I also love the girl’s pink sweats! Made to match the women’s style —the girl’s Bridget raglan pull-over sweatshirt made in soft and cozy cotton terry pairs perfectly with the matching sweat pant. It’s a pretty in pink moment moms and daughters will both love.” For more information, go to SpiritualGangster.com Direct link: https://spiritualgangster.com/collections/mini-me-kids Social media handles: Facebook: @ SPIRITUALGANG Instagram: @ SPIRITUALGANGSTER Pinterest: @SPIRITUALGANGSTERLOVE STAY ON TREND: Fister says this year’s Mother’s Day gifting ideas even includes a new fashion trend. “This year, it’s really all about embracing vibrancy and joy—bold prints, micro-textures, and florals. It’s the season for moms to look and feel fabulous,” Fister adds, “From mothers and daughters to sisters and friends, Ramy Brook is a woman-owned business with styles that can be worn by women of all ages.” Ramy’s signature use of silk fabrics, lively colors, and sophisticated silhouettes immediately caught Fister’s eye. She is impressed by the collections intent to be a day-to-night solution in a woman’s wardrobe. She continues, “Another thing that means so much to me, is how the brand’s vision is for women to feel beautiful and confident—knowing they’re sexy, wearing something special, and looking their absolute best. Ramy Brook has timeless styles that truly transcend generations.” For more information, go to RamyBrook.com. Direct link: https://www.ramybrook.com/ Social media handles: Facebook: @ Ramy Brook Instagram: @ ramybook Pinterest: @ ramybrook TikTok: @ ramybrookny Twitter: @ ramybrook Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 03, 2022 11:00 AM Eastern Daylight Time

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Graton Resort & Casino Hires Mario Maesano as Vice President of Marketing

Graton Resort & Casino

Graton Resort and Casino announces the appointment of Mario Maesano as vice president of marketing. Maesano is a veteran gaming executive with 27 years of experience in the industry, having served in senior casino marketing positions for the majority of his career. In his new role, Maesano is responsible for leading the development, implementation and execution of the marketing initiatives, including brand management, database marketing, creative development, traditional and social media, graphic design, public relations, sponsorship, events, promotions, entertainment, Club operations, player development and group sales. “Mario Maesano is a great addition to our team with a demonstrated record of exceeding revenue goals, opening luxury resorts and driving increased market share. We’re happy to welcome him to Graton Resort and Casino,” said Greg Sarris, chairman, Federated Indians of Graton Rancheria. Maesano most recently served as the senior vice president of marketing and slot operations at The Cordish Companies, developers and operators of some of the largest commercial gaming, retail and entertainment destinations in the U.S., including Live! Casino & Hotels, leading their marketing division for 10 years. A native of southern New Jersey, Maesano began his gaming career in 1991 at Resorts International in Atlantic City. Maesano holds a B.S. in Marketing from St. Joseph’s University in Philadelphia and an MBA from Xavier University in Cincinnati. MEDIA, PLEASE NOTE: To request further information, interviews or additional images, please contact Brianne Miller at Graton@landispr.com or (650) 575-7727. About Graton Resort & Casino Located in Sonoma County, Graton Resort & Casino has a commanding presence among the rolling hills of Northern California's wine country. Owned and operated by the Federated Indians of Graton Rancheria, Graton Resort & Casino features table games, the latest slot machines, upscale and casual dining, plus entertainment options for visitors and locals alike. For more information, please visit www.gratonresortcasino.com. ### Contact Details Landis Communications Inc. Brianne Miller +1 650-575-7727 graton@landispr.com Company Website https://www.gratonresortcasino.com/

May 03, 2022 06:01 AM Pacific Daylight Time

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FORGET FLOWERS, GIFT MOM THE TIM HORTONS® U.S. MOTHER’S DAY TIMBIT® ARRANGEMENT

Tim Hortons

Typical Mother’s Day gifts like flowers, brunch, and jewelry are nice, but are they the most satisfying gift you can give to Mom? This year, select Tim Hortons restaurants in the U.S. are introducing a new twist to its unforgettable Donut Bouquet with a new Timbit Arrangement made exclusively for Mother’s Day. The arrangement features 20 Timbits which can be customized based on Mom’s favorite flavors in a round, red box, all for the price of a 10-pack using the Timbit BOGO offer. With luxurious packaging similar to those expensive, long-lasting floral arrangements, the Timbit Arrangement is even sweeter because it can come with a variety of different Timbit flavors including birthday cake, chocolate glazed, honey dip, and more. After Mom enjoys her Timbits, the arrangement box can be repurposed to decoratively display household items. “Moms are the sweetest and they deserve a gift to match on Mother’s Day,” says Jay Pritchett, Head of Marketing, of Tim Hortons U.S. “The Timbit Arrangement is a sweet surprise of flavorful Timbits perfect for Mom, and if she’s feeling generous, to share with the entire family.” The limited-edition Timbit arrangement is available only at select Tim Hortons restaurants* on Mother’s Day, Sunday, May 8, and includes 20 Timbits all for the price of a 10 pack. To get the arrangement, ask a team member for the Timbit arrangement BOGO offer using code 1512. If you can’t get your hands on the Timbit® arrangement, Tim Hortons is offering the same BOGO deal of buy 10 Timbits get 10 Timbits free, with the same code – 1512, only on May 8 th. Contact your closest Tim Hortons restaurant to confirm availability. *Selected Restaurants: 6850 Hospital Dr, Dublin, OH, 9007 Columbus Pike, Lewis Center, OH, 790 Center Street, Lewiston, NY, 748 Niagara Falls Blvd, North Tonawanda, NY, 1700 Richmond Ave, Staten Island, NY, 1905 E Maple Rd, Troy, MI, 180 N Cass Lake Rd, Waterford, MI, 1562 Hylan Blvd, Staten Island, NY, 223 W End Ave, Raritan, NJ, 57 White Horse Pike, Stratford, NJ About Tim Hortons Tim Hortons® is one of North America's largest restaurant chains operating in the quick service segment. Founded as a single location in Canada in 1964, Tim Hortons appeals to a broad range of guest tastes, with a menu that includes premium coffee, hot and cold specialty drinks (including lattes, cappuccinos, espresso, teas and our famous Iced Capp® beverages), fresh baked goods, hot breakfast sandwiches, breakfast snacking items, and other food products. Tim Hortons has more than 4,800 system wide restaurants located in Canada, the United States and around the world. More information about the company is available at www.timhortons.com. Contact Details Alison Brod Marketing & Communications Adrianna Lauricella +1 212-230-1800 tims@abmc-us.com Company Website https://www.timhortons.com/

May 03, 2022 07:02 AM Eastern Daylight Time

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UNO Pizzeria & Grill Honors Teachers with Free Pizza

UNO Pizzeria & Grill

In honor of Teacher Appreciation Week, Uno Pizzeria and Grill is giving away a free pizza to teachers. In an effort to recognize the contributions of teachers over the last two years and all of their work in general, the historic pizza restaurant has decided to give a free individual deep dish or thin crust pizza to any teacher who comes in with a valid school or teacher ID. “We all appreciate the effort and dedication that teachers provide for our children. It’s great to be able to do something that shows our gratitude in a meaningful and widespread way. Everybody loves pizza and we love our teachers, so by offering them a free pizza, we can give them a small token of that appreciation” stated CEO Erik Frederick. The promotion with run from May 2 -May 4 and is valid for dine-in only. Available at participating locations. Present valid teacher id to redeem offer. About UNO Pizzeria & Grill Based in Boston, Massachusetts, Uno Restaurant Holdings Corporation includes approximately 80 company-owned and franchised UNO Pizzeria & Grill restaurants located in 18 states, and the District of Columbia, India, and Saudi Arabia. UNO is all about connecting people over pizza – from its famous Chicago Deep Dish, which UNO invented in 1943, to its Chicago Thin Crust, to its gluten-free and vegan pizzas. The Company also operates Uno Foods, a consumer packaged-foods business which supplies supermarkets, airlines, movie theaters, hotels, airports, travel plazas, and schools, with both frozen and refrigerated private-label foods and UNO branded products. For more information, visit www.unos.com. Contact Details Chris Dellamarggio cdellamarggio@unos.com Company Website https://www.unos.com/

May 02, 2022 01:06 PM Eastern Daylight Time

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Youth Nicotine Vaping is a Mental Health Crisis

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/PzinsT6mmYA Two health crises among youth — a mental health crisis and a vaping epidemic — pose increasing threats to a generation of young people. A recently published study in the Journal of the American Medical Association (JAMA) shows that youth depression and anxiety doubled during the pandemic, compared to pre-pandemic estimates. Meanwhile, youth vaping remains at epidemic levels with nearly 20% of high schoolers vaping nicotine, with nearly 40% of those who use e-cigarettes, doing so on a regular basis. Truth Initiative ®, the organization behind the highly effective truth ® youth smoking, vaping and nicotine public education campaign organized a Moment of Action for Mental Health as part of its latest Breath of Stress Air effort to bust the fantasy that vaping nicotine is a stress reliever. The Moment of Action for Mental Health comes on the heels of Surgeon General Vivek Murthy issuing an advisory on the state of mental health among young people as an “urgent public health crisis,” and coincides with the on-going youth e-cigarette epidemic. According to the latest December 2021 Monitoring the Future Survey (MTF) report, nearly 20% of high school seniors used e-cigarettes in the past 30 days. A Truth Initiative survey found that 93% of e-cigarette users reported that vaping negatively affected their lives because it made them feel more stressed, depressed, or anxious, while 90% of those who quit said they felt less stressed, anxious, or depressed. Young people nationwide can text “ ACTION ” to 88709 to participate and join in the movement. Those looking to get help quitting e-cigarettes can get free and anonymous help from This is Quitting from truth. It is a free and anonymous, text-message based quit vaping program designed for young people. Teens and young adults can join for free by texting “ DITCHVAPE ” to 88709. Learn more about Truth Initiative, the Moment of Action for Mental Health and see get resources by visiting truthinitiative.org. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 02, 2022 01:00 PM Eastern Daylight Time

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Spiceology Kicks Off Barbecue Season With ‘Golden Tongs Sweepstakes’

Spiceology

Spiceology, the fastest-growing spice company in America, is kicking off National Barbecue Month with its first-ever Golden Tongs Sweepstakes. Known for its innovative spice blends and barbecue rubs, Spiceology is giving three lucky flavor fans a chance to create a BBQ blend worthy of joining the ranks of the Spiceology ‘Grill Greats’ like Derek Wolf, Christie Vanover and Chad White. Through May 31, 2022, any purchase made directly from Spiceology.com will automatically enter customers into the sweepstakes. Fans can also enter by sending their name, address, and phone number to goldentongs@spiceology.com, with entries limited to one per person. Taking a page out of Willy Wonka’s playbook, the sweepstakes will grant the winners a pair of golden BBQ tongs and a trip to Spokane, WA to tour the Spiceology flavor factory and formulate their very own Spiceology BBQ blend. “The Spiceology community is enthusiastic and ever growing, and we wanted to do something to bring our fans even closer to the brand,” said Tony Reed, Senior Director of Innovation and Partnerships at Spiceology. “What better way to continue growing our connection to the community than immersing them in our world and getting a few lucky fans into the lab to see where and how all of the magic happens? Spiceology is a beloved brand, and we have our customers, fans and community to thank for that.” Winners will work with Chef Tony Reed and Derek Wolf, Spiceology collaborator and the grill great behind the social phenomenon @overthefirecooking. “Flavor innovation is at the core of our company,” said Chip Overstreet, president and CEO of Spiceology. “Our unique flavor combinations, like Smoky Honey Habanero and Black & Bleu, are what makes us a fan favorite. We’re excited to share the creative experience with our community and see what flavors and ingredient combinations they come up with.” Following the trip to Spiceology’s headquarters in Spokane, each winner’s blend will be judged by the roster of Spiceology Collaborators, including award-winning pitmaster Christie Vanover, Burger Aficionado Chef Alvin Cailan, television celebrities and grilling experts The Grill Dads, Top Chef Chad White and more. One delicious blend will be chosen as the ‘Golden Tongs Blend’ and sold on Spiceology.com as a limited-time offering during the holidays. For more information visit www.spiceology.com/golden-tongs. ABOUT SPICEOLOGY Founded in 2013, Spiceology is the fastest-growing spice company in America and is on a mission to bring the magic back to spices, the world’s first currency. The chef-owned and operated, one-stop spice shop develops innovative blends and offers over 400 ingredients that are ground fresh in small-batches and shipped fresh to consumers and chefs. Spiceology’s “experiment with flavor” ethos is not only embraced through excellent ingredients and unique combinations, but also through responsible business practices designed to create a better world with diversity, equity and inclusion at the heart of the workforce. Spiceology products can be found on spiceology.com, in specialty retailers and grocers, in restaurants around the US, and as far away as Australia and Dubai. Visit spiceology.com for more information or to place an order,or follow Spiceology on Facebook and Instagram. For recipe inspiration, visit here. Contact Details Spiceology Cassidy Levine +1 908-770-7880 cassidy@spiceology.com Company Website https://spiceology.com/

May 02, 2022 08:00 AM Eastern Daylight Time

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Shareholder Activist Wants Warren Buffett to 'Save' Capitalism

National Legal & Policy Center

Peter Flaherty, Chairman of the National Legal and Policy Center (NLPC), will today present a shareholder proposal to separate the roles of Chairman and CEO at the Berkshire Hathaway annual meeting in Omaha. Both positions are held by Warren Buffett. Here is the complete text of Flaherty's planned remarks: I am Peter Flaherty, Chairman of the National Legal and Policy Center. Our mission is to promote ethics in public life. Toward that end, we sponsor the Corporate Integrity Project. Our proposal would separate the roles of Chairman and CEO. I’d take it one step further and suggest that Berkshire remove itself from corporate America’s assault on American institutions and culture. I am proud to say that I am a capitalist, but it is obvious to me be that capitalism is failing to deliver for the American people. Is this meeting Woodstock for capitalists, or is it Altamont? Real wages have been falling for years. Wealth disparity has never been greater. And right outside my hotel window here in Omaha is a homeless encampment, an all-too-familiar sight in American cities. We don’t have a free economy; we have bailout capitalism. When small businesses lose money, they go out of business, but when billionaires bet wrong, government steps in to save their fortunes. Money printing by the Federal Reserve and irresponsible, debt-fueled spending by politicians — called fiscal stimulus — have artificially inflated asset values. So those with the most assets benefit the most. Wage earners get ruinous inflation. But even worse than the wealth gap is the values gap. The top 1% now seek to impose their corrupt morality upon the rest of us, whether it is in the form of Critical Race Theory, transgenderism, or the myriad of other “woke” causes that permeate corporate advertising and messaging. Why has corporate America embraced both economic and cultural radicalism? It’s pretty simple. When you have so much money, your fortune is going to come under scrutiny. The best way to insulate yourself and keep anti-business activists off your back is to embrace their causes, even if in the process you undermine the system that produces your wealth. That is what allows Mr. Buffett to advocate higher taxes, even though everyone knows they will fall mainly on the middle class, or bankroll the likes of Hillary Clinton. The Federal Reserve has offered free money to corporate America for over a decade now, creating a class of oligarchs, and greatly enhancing corporate political power. Executives now believe they can tell elected governors and legislators what to do, as we have seen in Indiana, Georgia, Texas and Florida. Last year, Coca-Cola CEO James Quincey, a British citizen, sought to kill Georgia’s new voter integrity law by making inaccurate and inflammatory statements about it. He also instituted diversity training whereby white employees were encouraged to “try to be less white.” Despite being Coke’s most celebrated shareholder, Warren Buffett has done nothing about Quincey. In fact, Mr. Buffett jumped on the “America is racist” bandwagon by signing a statement by corporate leaders suggesting that Republicans seek to restrict ballot access based on race. All this did not prevent Coke from sponsoring the Winter Olympics in China, which has never had a free election, and where minority communities are the victims of genocidal policies. And what about Apple? A large part of Apple’s supply chain is in China. The company removes apps from the app store at the request of the Chinese government because they are used by human rights activists. And of course, Apple is the world’s most successful corporate-tax minimizer, famous for routing profits through offshore tax shelters. Over at American Express, the company instituted an “Anti-Racist Initiative” for employees that teaches that capitalism is fundamentally racist and requires workers to engage in an exercise to determine whether they are “oppressor” or “oppressed.” Activism by “woke” CEOs may be reaching its limits. The people of Florida are fighting back against Disney’s Robert Chapek, who not only embraces the view that gender is a form of oppression, but that kindergarteners must be forced to confront it. Mr. Buffett has praised the brand endurance of Disney’s characters and the trust parents place in its content to be safe and appropriate for children. But now the company is adding warnings to Dumbo, Peter Pan and Aladdin about the stereotypes they allegedly portray. And poor Prince Charming has been excised for kissing Snow White QUOTE, UNQUOTE “without consent.” Warren Buffett has yet to address the crisis gripping corporate America, and I fear he never will. Yes, Berkshire may be a holding company, and Mr. Buffett may stay out of the way of managers, but what happens when these executives use their companies to wage a social revolution that most Americans don’t want? Is he not responsible? He can’t have it both ways. In this country, wealth has been admired and even celebrated because our system allows anyone to become rich. But what happens when Americans suddenly find their history and future under attack by Corporate America? The social contract that permits for such affluence will be broken. Mr. Buffett, if you are the face of capitalism, why don’t you do something to save it? Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. Contact Details National Legal and Policy Center Peter Flaherty +1 202-329-8357 danrenejr@gmail.com Company Website http://www.nlpc.org

April 30, 2022 10:40 AM Eastern Daylight Time

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