For MAGA world any donation related to black people is BLM and "woke"
https://www.thenation.com/article/society/silicon-valley-bank-black-lives-matter/
Wondering what’s behind the disaster at Silicon Valley Bank last week? Well, the brainiacs at Fox News and The Wall Street Journal have figured it out: Apparently, the company spent too much time worrying about “wokeness” and “diversity.” Specifically, Fox claims that SVB gave $73 million to “Black Lives Matter-related” activities.
“Silicon Valley Bank, brace yourself, spent more than $73 million on donations to BLM and related organizations,” Tucker Carlson told his audience Tuesday night. Ainsley Earhardt followed up Wednesday on Fox & Friends, reporting that SVB donated “more than $73 million to Black Lives Matter.” Dispatches on Fox continued throughout the day; the story was picked up on Breitbart and the Daily Mail.
It turns out Claremont has a whole database of the investments major corporations have made to BLM groups, and it represents many billions of dollars. If BLM truly had that kind of funding, the movement would be unstoppable. But Marshall examines where the corporate largesse is really going. He can’t find any evidence that SVB funded BLM activities. Claremont cites nine SVB internal reports to back up its claim, but the reports document nothing to do with funding BLM; there are studies of diversity endeavors; there’s a mention of investment in low to moderate-income local communities. Even if you assume anything having to do with Black people gets counted as funding BLM, that funding is far less than the $73 million Claremont claimed to find.
Claremont’s dishonest accounting is clearer when it calls out other corporations for their BLM projects. It shows the firm 3M pledging a whopping $50 million to “BLM.” But the investment is mainly focused on supporting STEM learning in Black communities, Marshall says, with a pledge of $50 million over five years. The first year, $5 million went to the United Negro College Fund for work in St. Paul, Minn., hardly the same as BLM.
Chevron put $15 million into “BLM,” Claremont reports: Of that, $7 million went to historically Black colleges and universities; $2 million to that radical United Negro College Fund; $5.1 million in grants for K-12 education; $1.6 million to the $1 million to the Smithsonian’s National Museum of African American History and Culture.
https://www.thenation.com/article/society/silicon-valley-bank-black-lives-matter/
Silicon Valley Bank Didn’t Fund Black Lives Matter
The lies peddled by Fox News are getting more and more blatant.
By Joan WalshTwitter
TODAY 12:14 PM
Wondering what’s behind the disaster at Silicon Valley Bank last week? Well, the brainiacs at Fox News and The Wall Street Journal have figured it out: Apparently, the company spent too much time worrying about “wokeness” and “diversity.” Specifically, Fox claims that SVB gave $73 million to “Black Lives Matter-related” activities.
“Silicon Valley Bank, brace yourself, spent more than $73 million on donations to BLM and related organizations,” Tucker Carlson told his audience Tuesday night. Ainsley Earhardt followed up Wednesday on Fox & Friends, reporting that SVB donated “more than $73 million to Black Lives Matter.” Dispatches on Fox continued throughout the day; the story was picked up on Breitbart and the Daily Mail.
It turns out Claremont has a whole database of the investments major corporations have made to BLM groups, and it represents many billions of dollars. If BLM truly had that kind of funding, the movement would be unstoppable. But Marshall examines where the corporate largesse is really going. He can’t find any evidence that SVB funded BLM activities. Claremont cites nine SVB internal reports to back up its claim, but the reports document nothing to do with funding BLM; there are studies of diversity endeavors; there’s a mention of investment in low to moderate-income local communities. Even if you assume anything having to do with Black people gets counted as funding BLM, that funding is far less than the $73 million Claremont claimed to find.
Claremont’s dishonest accounting is clearer when it calls out other corporations for their BLM projects. It shows the firm 3M pledging a whopping $50 million to “BLM.” But the investment is mainly focused on supporting STEM learning in Black communities, Marshall says, with a pledge of $50 million over five years. The first year, $5 million went to the United Negro College Fund for work in St. Paul, Minn., hardly the same as BLM.
Chevron put $15 million into “BLM,” Claremont reports: Of that, $7 million went to historically Black colleges and universities; $2 million to that radical United Negro College Fund; $5.1 million in grants for K-12 education; $1.6 million to the $1 million to the Smithsonian’s National Museum of African American History and Culture.
