The Black Lives Matter (BLM) motion and associated causes obtained an astonishing $82.9 billion from companies, a brand new funding database from the Claremont Institute has discovered.
The Claremont Institute’s Heart for the American Means of Life defined the need of their report in an article revealed in Newsweek, the place the Heart asserted that the 2020 BLM motion was about extra than simply “rioting and destruction.”
The Heart defined that “The BLM pressure campaigns, harassment, and moral blackmail also amounted to possibly the most lucrative shakedown of corporate America in its history.”
“As a point of reference, $82.9 billion is more than the GDP of 46 African countries. In 2022, the Ford Motor Company’s profits were $23 billion,” additionally they famous. The sum of $82.9 million contains “more than $123 million to the BLM parent organizations directly,” in addition to far more to different organizations supporting BLM’s agenda.
The checklist reveals that a number of well-liked companies from a variety of various industries provided the motion with giant sums of money. Walmart, for instance, which relies in Arkansas, gave a whopping $100 million in assist of BLM and associated causes specializing in “racial equity.” Amazon gave much more, supplying the motion with an astonishing $169.5 million. Silicon Valley Financial institution gave the motion $73.45 million.
In the meantime, the pharmaceutical firm Abbvie gave the motion over $62 million in funding. Allstate gave $7.7 million to the trigger and American Specific gave $50 million. Apple gave $100 million whereas AT&T gave $21.5 million. The motion and its causes obtained one other $90 million from Nike.
United Airways, JetBlue, Southwest Airways, and Delta Airways all gave cash to BLM and associated causes as effectively.
Financial institution of America, in the meantime, supplied $18.25 million to BLM and associated causes whereas Wells Fargo diverted $210 million in the direction of BLM and associated causes. Deloitte gave $85 million to BLM and associated causes.
Asset administration large BlackRock put a surprising $810 million in the direction of BLM and associated causes, whereas different highly effective monetary establishments additionally bankrolled the motion, with Capital One Monetary giving $10 million, Morgan Stanley giving $30 million, US Financial institution giving $160 million, and Goldman Sachs giving $10.1 million.
In the meantime, Prudential Monetary provided the motion and its associated causes with a sum of $450 million however was outdone by Mastercard, which gave $500 million.
The database discovered that Boeing gave $15.6 million, whereas Northrop Grumman gave $2 million and Raytheon gave $25 million.
The Walt Disney Firm gave $8.8 million to BLM and associated causes whereas the Pokémon Firm gave $200,000.
The Claremont Institute’s Heart for the American Means of Life additionally defined how the funds have been used, remarking that
“The Global Network is investing tens of millions of dollars to support future operations, purchasing luxury real estate, engaging in nepotism, disbursing grants to dozens of BLM chapters and revolutionary organizations, and operating a PAC to “elect progressive community leaders, activists, and working-class candidates fighting for Black liberation.”
In the meantime, “Local BLM chapters are spending millions on activism and initiatives to defund police departments” and “BLM At School is indoctrinating children around the country in critical race theory and queer theory, teaching them to hate themselves, their peers, and their country.”
“Left-wing nonprofits are effecting wholescale societal change too radical for normal legislative avenues, constituting a form of shadow governance,” they went on to notice.
The agenda has additionally seeped into the monetary trade’s mortgage operations, the Heart explains, stating that “banks are issuing billions of dollars in subprime loans ‘to help end systemic racism,’” all whereas “corporations are funding leftist bail funds that release violent rioters and criminals onto our streets and collaborating to create racialized, anti-meritocratic hiring schemes.”
The shakedown “may be viewed as a form of reparations made to self-declared enemies of the American nation and way of life,” they added.
Spencer Lindquist is a reporter for Breitbart Information. Observe him on Twitter @SpencerLndqst and attain out at [email protected].
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