Chairman Kassar’s Weekly Wrap-Up 3-24

Alvin Bragg

When he was running we called for his defeat, when he was elected we called for his resignation, when he refused to uphold the law and prosecute criminals we demanded the Governor remove him. He is not focused on making New York a safer place. In fact, he has shown that is last on his priority list. His obsession with former President Trump makes that very clear.

Selective enforcement is a page right out of the Bragg prosecutorial play book. Our gubernatorial candidate, Lee Zeldin, made Bragg’s refusal to prosecute murder to the fullest extent of the law, together with his desire to prosecute only the most serious of crimes, a center piece of his campaign. Many listened, but not enough. 

Elections do have consequences.

Environmental, Social, and Corporate Investing

On March 1st the US Senate joined the House in voting to adopt a measure to overturn a Labor Department rule making it easier for fund managers to consider environmental, social and corporate governance, and ESG issues for investments and shareholder rights decisions, such as through proxy voting. Although not truly bipartisan the two Democratic votes for the measure in the Senate caused it to pass.

This past week President Biden vetoed the Congressional measure. There is little to no chance at an override.

Investments, particularly trillions in retirement, should be managed from the perspective of growth and safety. I suspect those who were touched by Silicon Valley Bank understand how woke investing can backfire.

The rule was a mistake and Biden’s veto of the measure overturning the rule another mistake. It is also another reason to change Presidents and leadership at the Labor Department. This need not be a long-term problem as we have the opportunity to fix this in the near future—Election Day 2024.

Petitions Last Call

If you are a registered member of the Conservative Party, and there are 153,000 of you, I would strongly urge you to sign a party nominating petition. In the very near future, we will be filing the paperwork with the county and state boards of election.

Some say if you do not vote, do not complain. If you claim to care and do not make some effort to sign a petition for public and party office, the same can be said.

If you do not know who your local leader or contact person is, please call us at 718-921-2158 or reach us by e-mail at Eileen@cpnys.org.

J. Daniel Mahoney Awards Final Call

Our J. Daniel Mahoney Award reception is on Monday, March 27th at 5:30 at the Fort Orange Club in Albany. Our award recipients are Monroe County Chairman Donald Mazzullo and Greene County Chairman Michael Buttino.

If you would like to purchase a ticket you may do so online here or by calling the Conservative Party at 718-921-2158. We look forward to seeing you in Albany.