The state of Florida, led by Republican Governor Ron De Santis, announced that it will take action against Chinese communist regime companies and other “woke” firms that operate within the state and attempt to impose their leftist ideals on employees and customers through their products and services.
The state will investigate its involvement with such companies and “retake control of its shareholder proxy voting from ideology-crazed investment funds”, the governor said as reported by NewsMax.
DeSantis made the announcement last week after meeting with two other trustees of the State Board of Administration, Florida Chief Financial Officer Jimmy Patronis and Attorney General Ashley Moody.
The two, along with the governor, make up the Board of Trustees and have ultimate oversight of the Small Business Administration (SBA), an organization tasked by state law with overseeing more than 30 investment funds.
In this regard, the three trustees voted to make several major policy changes that affect how the SBA invests state retirement system investment plan funds and the more than 30 funds that the SBA oversees.
They also announced that they will conduct a recount of all Florida retirement system investments to determine how many assets Florida has in Chinese companies.
De Santis on numerous occasions has expressed concern about the role played by the communist regime’s companies around the world and especially in the United States.
“If we look at how these large companies behave when they face disapproval from China, they censor what the CCP tells them to censor and we see that the apologies are humiliating,” DeSantis said after the meeting with members of the State Board of Administration.
He then continued his speech by referencing when President Bill Clinton promoted China’s membership in the WTO in 2001:
“Go back a generation, and the idea of the American elites was, ‘If we allow China into the WTO and give them most favored nation status, that will make China more like us.’ This experiment has failed and it has endangered our nation’s national and economic security.”
The trustees who accompanied De Santis also spared no criticism of those political and business sectors that benefited from China’s exponential advance in world trade at the expense of the exploitation of its people, which allowed them to manufacture excessively cheap products that directly harmed U.S. manufacturing.
The underlying idea behind the changes put forward by De Santis is to prevent the state from using taxpayer money to invest in China and to look for ways to generate jobs in Florida instead of products made in China.
“I also think that our country as a whole, but certainly Florida, would like to see more production and manufacturing re-shored and we would be a great place to do that,” DeSantis said of it.
Both the words of the trustees and Governor De Santis sought to send a message to those corporatists who support “imperialist, authoritarian and genocidal regimes,” assuring that they will fight to at least stop them from doing so with Floridians’ money.