Amazon has become a retailing powerhouse in the United States, but it is also run by one of the most left-wing activists in the nation. Now, a new effort to help conservatives avoid using Amazon and funding it’s owner’s left-wingery is launching.
According to Just the News:
PublicSq., which markets itself as a venue where consumers may “shop your values, locally and online,” has set a target date for its initial public offering (IPO) on July 20.
“We’re actually taking the company public on July 20, after a shareholder vote from a SPAC that we’re partnered with on July 19,” CEO Michael Seifert said Monday on the “Just the News, No Noise” television show. “And then there’ll be a great opportunity for this company to be owned by the very consumers and businesses that have helped to build it.”
A Special Purpose Acquisition Corporation (SPAC) is a corporate entity created for the purpose raising money to acquire another firm. Former President Donald Trump’s Truth Social platform currently seeks to go public through a merger with SPAC Digital World.
“Capital markets are in desperate need of democratization,” Seifert continued. “Because unfortunately, the capital markets have been robbed by ESG mandated funds and DEI philosophies. And just like there’s a drive for consumers to spend their money in alignment with their values. There’s also an equally strong drive for investors to invest their money with companies that do not hate them, and actually want to promote America. So that’s what we’re here to do.”
Will it become a successful venture?
Perhaps.
But, at least they are making a stab at it.
However, whether this particular venture survives and thrives or not isn’t the real issue.
The fact is, corporate America is too far gone toward the extreme, anti-American left and it will take a huge loss of money and power for them to make any changes. Conservatives are going to have to keep trying ventures such as this to wrest America back from these destructive vultures.
Many may stumble and fall. But we have to keep trying. These leftist companies need to be taken down a notch or three, and conservatives need to set up a parallel economy to stop them from benefiting from our patronage.
Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston, or Truth Social @WarnerToddHuston
Tags: Commentary
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