Throughout the 1990s, McDonald’s shoppers had CEO Ed Rensi to thank for reinvigorating the hamburger brand. Not only did Rensi “invent” chicken McNuggets, but he also used his access to power in McDonald’s to fight for conservative causes. Now, years after he stepped away from leadership at the fast-food company, Rensi plans to use the wealth he has accumulated over the years to fight “woke” businesses by funding conservative advocacy groups in an effort to form The Boardroom Initiative.
Seventy-eight-year-old Rensi’s mission with The Boardroom Initiative is to strip away progressive initiatives that have been major wins for working-class Americans, like higher pay and benefits.
He also wants to stop businesses from enacting so-called “woke” policies that he claims imperil shareholder equity because they have to pay more money to staff the businesses.
Rensi’s group has joined forces with the already existing The Free Enterprise Project in order to fight liberals in the capitalist system of the American stock exchange.
The group hopes to buy tons of shares in publicly-traded companies so they can force the companies to abandon “woke” policies that were enacted to empower the workers.
Under its conservative leadership, The Free Enterprise Project has sucked up some 2,000 shares of Bank of America, a publicly-traded corporation, so it can propose a motion during the shareholders’ next meeting – a proposal that could strip away Bank of America’s “woke” initiative to educate staff.