September 10, 2013
Reading the 2013 results of proxy shareholder resolutions orchestrated by various leftist organizations affiliated with “religiously” oriented investment groups, a colorfully descriptive phrase came to mind to describe both: Whatever its derivation, useful idiots
is employed as “a pejorative term for people perceived as propagandists for a cause whose goals they are not fully aware of, and who are used cynically by the leaders of the cause.”
For the purposes of this post, we’ll grant groups with purported religious and socially conscious authority such as Walden Asset Management, Trillium Asset Management, As You Sow and the Interfaith Council on Corporate Responsibility the benefit of the doubt. Continue Reading...