Forum Register TCG Mobile Casino Live Posting Feed Garage Arcade Members List Calendar Search Today's Posts Mark Forums Read
Go Back   The Chicago Garage > General Discussion > On Topic

User Tag List

Like Tree84Likes

Reply
 
LinkBack Thread Tools Search this Thread Display Modes
Old 03-30-2019, 03:13 PM   #1
He's Still Your President
 
b00sted's Avatar
 
Join Date: Oct 2010
Location: Not paying plastic bag taxes
Posts: 3,027
Casino cash: $24266760
0.94 per day
Default Illinois House votes to require woman, African American on all corporate boards

Tackling the important issues...

https://www.watchdog.org/illinois/il..._medium=social

Quote:
After a heated debate, calls of racism, and shouting, the Illinois state House of Representatives voted to require all publicly held companies in the state to have at least one woman and one African-American on the company's corporate board.

State Rep. Chris Welch’s bill, which passed Friday, would require any publicly-traded company headquartered in the state to have at least one woman and at least one African-American on its corporate boards starting in 2021.

“No later than the close of the 2020 calendar year, a publicly held domestic or foreign corporation whose principal executive offices, according to the corporation's SEC 10-K form, are located in Illinois shall have a minimum of one female director and one African American director on its board of directors,” according to the text of the bill. It would allow boards to expand to meet the requirements.

It would require the Secretary of State to keep an online list of corporations that would show if a company is in compliance with the law.

The bill would also impose fines up to $300,000 for failure to comply.

State Rep. Tony McCombie, R-Savanna, said Welch’s bill is one of many anti-business bills lawmakers have passed this year.

“We are destroying the ability for our state to grow,” she said.

The conversation got heated and included accusations of racism. Welch, D-Westchester, said African-Americans and women deserve to have a voice in corporate America, which he said they’re not getting now.

“I’m not going to be ashamed to stand here and fight for the people that sent me here,” he said. “Ashamed to fight for African-Americans to have a right in a room? Are you kidding me?”

The Senate now takes the bill for consideration.

Debate on Friday included talk of expanding the requirement to include all minorities, not just African-Americans.

California lawmakers approved a similar law, which will take effect in 2021. California's law only applies to women.

Some legal scholars questioned California’s requirements when they were enacted, saying they could run afoul of the U.S. Constitution’s Equal Protection Clause.
tinfoilhat likes this.
b00sted is offline   Reply With Quote
Old 03-30-2019, 03:40 PM   #2
TCG Conspiracy Lead Investigator
 
tinfoilhat's Avatar
 
Join Date: Jul 2007
Location: Riding the Hubble
Posts: 36,278
Casino cash: $172484501
8.26 per day
Default

Ridiculous. Bye bye more business headquarters in Illinois.
__________________
"It's never too cold for swamp ass."

XBO - NinjaTurtlThong

tinfoilhat is online now   Reply With Quote
Old 03-30-2019, 04:13 PM   #3
Go ahead. I'll catch up.
 
Flyn's Avatar
 
Join Date: Mar 2004
Location: Selling homes on the Gulf Coast of Florida
Posts: 45,576
Casino cash: $230697900
8.12 per day
Default

Last line is the only line that matters.

Quote:
Some legal scholars questioned California’s requirements when they were enacted, saying they could run afoul of the U.S. Constitution’s Equal Protection Clause.
Flyn is online now   Reply With Quote
Old 03-30-2019, 04:31 PM   #4
I'm not one of your 'shit-hole' buddies!
 
blakbearddelite's Avatar
 
Join Date: Jun 2007
Location: South Elgin, IL
Posts: 24,457
Casino cash: $12240504
5.56 per day
Default

No requirement for QLGBTROFLBBQWTF?
Bruce Jibboo, cmntmxr57 and Jon01 like this.
__________________
2015 Mustang GT - KB2.8 and other goodies
2015 Infiniti Q50
blakbearddelite is online now   Reply With Quote
Old 03-30-2019, 04:46 PM   #5
 
1quick's Avatar
 
Join Date: Jan 2008
Location: coal city
Posts: 19,243
Casino cash: $142267447
4.60 per day
Default

What ever happened to just having the most qualified person do the job
Mook, PANDA, SaturdaysGS and 14 others like this.
__________________
2016 GT 5.slow
1quick is offline   Reply With Quote
Old 03-30-2019, 05:00 PM   #6
DRRRT PROSPECT
 
10thSVT_03's Avatar
 
Join Date: Feb 2009
Posts: 2,080
Casino cash: $21775100
0.55 per day
Default

Quote:
Originally Posted by 1quick View Post
What ever happened to just having the most qualified person do the job
Not in this state!
__________________


**Tuned by Tim @ Modular Powerhouse/Mr. Norms Garage **
10thSVT_03 is offline   Reply With Quote
Old 03-30-2019, 05:03 PM   #7
 
Dan00Hawk's Avatar
 
Join Date: Apr 2011
Location: Plainfield
Posts: 1,642
Casino cash: $16631651
0.54 per day
Default

I'm triggered that there hasn't been mention of having at least one Eskimo trans-gender person on the corporate board.
__________________
17 GTI
00 Firehawk convertible.
17 Beetle convertible turbo

Dan00Hawk is offline   Reply With Quote
Old 03-30-2019, 05:09 PM   #8
Molon Labe - come and take them!
 
zenriddles's Avatar
 
Join Date: Aug 2005
Location: Holiday Inn
Posts: 3,111
Casino cash: $19986500
0.61 per day
Default

Quote:
Originally Posted by blakbearddelite View Post
No requirement for QLGBTROFLBBQWTF?
Soon, sir. Soon.

The intersectionalism/victim minorities will all check in with their list of demands. Instead of retracting a stupid idea, think of how much the politicians can expand the bureaucracy with this maneuver?

"We need more workers now to monitor the behavior reports that are pouring in..."

BOTH sides love this sh!t.
cmntmxr57 likes this.
__________________
If guns cause crime, then all of mine are defective.

zenriddles is offline   Reply With Quote
Old 03-30-2019, 05:11 PM   #9
Forum Sponsor
 
importcrew's Avatar
 
Join Date: Jan 2008
Location: Hampshire
Posts: 11,945
Casino cash: $43957594
2.85 per day
Default

If I had a corporation, I'd completely ignore this if it passes and gets signed in. My company, and I'll hire whomever best benefits my company.
__________________
AUTHORIZED DEALER FOR MANY MANUFACTURES INCLUDING:


Aero Precision
Fortis Manufacturing
Phase 5
2A Armaments
Many Many More



FB PAGE: https://www.facebook.com/L.B.ChicagoRetail/
importcrew is offline   Reply With Quote
Old 03-30-2019, 05:51 PM   #10
 
MrDragster1970's Avatar
 
Join Date: Dec 2011
Location: RT 66 area
Posts: 3,064
Casino cash: $36985200
1.11 per day
Default

Quote:
Originally Posted by 1quick View Post
What ever happened to just having the most qualified person do the job

HOW DARE YOU Sir!!!!

You are a despicable, prejudice, racist, sexist, genderist, minorityist, and every other ist I can think of!!!
What would you expect next, no quota's for school admission, giving minorities free points??
No quota's for police & fire, giving minorities free points??
No quota's for promotions, giving minorities an advantage instead of a blind promotion system??

What's wrong with you, every one knows there must be a victim in every thing!!!!


.
Ryan02Stang, cmntmxr57 and Jon01 like this.
__________________
Another great day up at Byron Dragway!!!!!

94 avatar by J L, on Flickr
MrDragster1970 is offline   Reply With Quote
Old 03-30-2019, 05:58 PM   #11
 
MrDragster1970's Avatar
 
Join Date: Dec 2011
Location: RT 66 area
Posts: 3,064
Casino cash: $36985200
1.11 per day
Default

.


Anyone that approves of this is an idiot, anyone that came up with this is a POS LOSER!!!!
Earn what you get, keep what you earn, and take care of your self.
Forced quota's is idiotic and illegal.
It is 100% a POS liberal scheme to bribe the clueless, ignorant & brainwashed into voting for them!!!
It's not your fault you can't be a CEO making 50 million dollars a year, it's the evil, wealthy, successful, racist Conservatives that are keeping you down!!!!
Nothing to do with you are stupid and screwed around instead of studying and preparing yourself to be an adult!!!!!!!


.
Ryan02Stang and Spectragod like this.
MrDragster1970 is offline   Reply With Quote
Old 03-30-2019, 06:07 PM   #12
I Drink Your Milkshake
 
sickmint79's Avatar
 
Join Date: Mar 2008
Location: grayslake
Posts: 18,170
Casino cash: $110444416
4.37 per day
Default

300k fine probably is pretty tolerable for a publicly held company with a corporate board.

i would hope the state doesn't pass this and it hits constitutional problems hard in some way because it's pretty ridiculous.
__________________
http://www.pointmeby.com

2013 BRZ
Stoptech 328mm BBK.Project Mu999.RBF 600.RCE Tarmac 2 Coils.Whiteline KCA326/KCA434/KSR210/W0509/KDT922/W63414.Velox camber plates
JDL Overpipe + Catted Front Pipe.Tomei Type-60S.Radium catch cans.245 RS4s.Koyo Radiator.STi motor+trans mounts
FXT Oil Cooler.SPC LCA.Airaid intake.Zeek snorkel.DL Type II Diffuser.ecutek flex fuel tune.Swaintech coated JDL EL Header
sickmint79 is offline   Reply With Quote
Old 03-30-2019, 06:10 PM   #13
Guspech Superdriller
 
guspech750's Avatar
 
Join Date: Jan 2010
Location: North Aurora
Posts: 7,070
Casino cash: $35452700
2.04 per day
Default

I like how our highly esteemed representatives are more concerned about someone who makes $500,000+ a year than worrying about corruption, criminals, middle class workers, broken down school system and much more.

I do get it. Lots of highly educated extremely smart women are passed over simply because they are women. But trying to force companies to hire certain people based on race and gender is not the answer.

But I recommend starting with more important issues before we worry about corporate boards.
__________________
Go E.A.D.
Boost gets you laid.
guspech750 is offline   Reply With Quote
Old 03-30-2019, 08:50 PM   #14
Doing the jobs nobody wants to
 
Mr_Roboto's Avatar
 
Join Date: Feb 2012
Location: Joliet
Posts: 11,533
Casino cash: $2030000
4.24 per day
Default

Just what we need our state legislators pissing away money writing legislation that will almost certainly not pass court muster but not before the AG pisses away money defending it. Also going to give license to grifters positions on boards.
MrDragster1970 likes this.
Mr_Roboto is online now   Reply With Quote
Old 03-30-2019, 09:11 PM   #15
 
Aircal's Avatar
 
Join Date: Nov 2008
Location: Countryside
Posts: 3,613
Casino cash: $10952638
0.93 per day
Default

I have no words, so here is Godzilla's take.Name:  FB_IMG_1478049338129.jpeg
Views: 121
Size:  10.1 KB
__________________
People who are not sensitive to design, people who don't care about vehicles, people who view a vehicle as an appliance, they just default to Toyota. We will never win that one." Bob Lutz

1973 Thunderbird, 1980 Pontiac Trans Am, 2004 Acura TL, 2007 Pontiac G6 Convt.
Aircal is offline   Reply With Quote
Old 03-30-2019, 09:37 PM   #16
Go ahead. I'll catch up.
 
Flyn's Avatar
 
Join Date: Mar 2004
Location: Selling homes on the Gulf Coast of Florida
Posts: 45,576
Casino cash: $230697900
8.12 per day
Default

If this takes effect, the people who will be hurt most are the small business white men. If you're a small corp. and have half a dozen employees with income less than a mil. a year, you either need to put someone on your board and pay them or risk a $300K fine that could bankrupt you.

What's the new person on the board going to do? Will they work with the corp or just be paid to show up at meetings? For instance, what about a specialized business like dental crown manufacturing where everyone makes crowns in a dental lab? Each person is trained in that profession. Do you need to take one of them and put them on the board? Or hire someone from the outside who knows the profession and immediately put them on your board? WTF?

I would expect a lot of owners would look into alternative forms of business ownership.

This bill is total BS.
Flyn is online now   Reply With Quote
Old 03-30-2019, 10:27 PM   #17
You never had it so good!
 
Stink Star Productions's Avatar
 
Join Date: Jan 2008
Location: Big wood cock
Posts: 12,064
Casino cash: $44377704
2.87 per day
Default

Could you imagine being the one woman or person of color looking around the board room knowing the only reason you’re there is because it’s the law? That seems worse than not being there in the first place
__________________
my name is Boosh.

2014 Cadillac ELR, the $80k volt
2017 Civic Sport Tour
2015 Chevy Volt:SOLD: lifetime 255mpg
Stink Star Productions is online now   Reply With Quote
Old 03-30-2019, 10:35 PM   #18
He's Still Your President
 
b00sted's Avatar
 
Join Date: Oct 2010
Location: Not paying plastic bag taxes
Posts: 3,027
Casino cash: $24266760
0.94 per day
Default

Quote:
Originally Posted by Flyn View Post
If this takes effect, the people who will be hurt most are the small business white men. If you're a small corp. and have half a dozen employees with income less than a mil. a year, you either need to put someone on your board and pay them or risk a $300K fine that could bankrupt you.

What's the new person on the board going to do? Will they work with the corp or just be paid to show up at meetings? For instance, what about a specialized business like dental crown manufacturing where everyone makes crowns in a dental lab? Each person is trained in that profession. Do you need to take one of them and put them on the board? Or hire someone from the outside who knows the profession and immediately put them on your board? WTF?

I would expect a lot of owners would look into alternative forms of business ownership.

This bill is total BS.
It only applies to publicly traded companies.
b00sted is offline   Reply With Quote
Old 03-30-2019, 11:53 PM   #19
Go ahead. I'll catch up.
 
Flyn's Avatar
 
Join Date: Mar 2004
Location: Selling homes on the Gulf Coast of Florida
Posts: 45,576
Casino cash: $230697900
8.12 per day
Default

Quote:
Originally Posted by b00sted View Post
It only applies to publicly traded companies.
Ah. I hadn't seen that.
Flyn is online now   Reply With Quote
Old 03-31-2019, 03:48 AM   #20
Doing the jobs nobody wants to
 
Mr_Roboto's Avatar
 
Join Date: Feb 2012
Location: Joliet
Posts: 11,533
Casino cash: $2030000
4.24 per day
Default

Quote:
Originally Posted by Stink Star Productions View Post
Could you imagine being the one woman or person of color looking around the board room knowing the only reason you’re there is because it’s the law? That seems worse than not being there in the first place
The soft bigotry of low expectations.
Mr_Roboto is online now   Reply With Quote
Old 03-31-2019, 06:22 AM   #21
 
MrDragster1970's Avatar
 
Join Date: Dec 2011
Location: RT 66 area
Posts: 3,064
Casino cash: $36985200
1.11 per day
Default

Quote:
Originally Posted by Stink Star Productions View Post
Could you imagine being the one woman or person of color looking around the board room knowing the only reason you’re there is because it’s the law? That seems worse than not being there in the first place
Unfortunately, many of the people that have stolen a position they didn't earn & definitely don't deserve, think they are entitled to it for some reason???
Either because 150 years ago, nobody in their actual family was a slave, or because they have been brainwashed into thinking white guys have held them down, and their failures have nothing to do with them being stupid, lazy or a screw up!!!!


.
SaturdaysGS likes this.
MrDragster1970 is offline   Reply With Quote
Old 03-31-2019, 07:48 AM   #22
You used to call me on my cell phone
 
Great White Drake's Avatar
 
Join Date: Jun 2010
Posts: 4,458
Casino cash: $38463338
1.35 per day
Default

I identify as aunt jamima so this is ok with me suga.
__________________
Great White Drake is offline   Reply With Quote
Old 03-31-2019, 10:06 PM   #23
*It's Totally Kyle*
 
kyesburrell's Avatar
 
Join Date: Mar 2018
Location: NW Burbs
Posts: 45
Casino cash: $1202000
0.09 per day
Default

Quote:
Originally Posted by Stink Star Productions View Post
Could you imagine being the one woman or person of color looking around the board room knowing the only reason you’re there is because it’s the law? That seems worse than not being there in the first place
At that point they're just tokens. Token african american. Token female. Kinda belittling to say that their race/gender is their defining characteristic. Never mind their education, work experience, certifications...
kyesburrell is offline   Reply With Quote
Old 03-31-2019, 11:52 PM   #24
Doing the jobs nobody wants to
 
Mr_Roboto's Avatar
 
Join Date: Feb 2012
Location: Joliet
Posts: 11,533
Casino cash: $2030000
4.24 per day
Default

I would ask Elizabeth Warren and Shaun King to be on my board. Just saying.
Mr_Roboto is online now   Reply With Quote
Old 04-01-2019, 12:13 AM   #25
Go ahead. I'll catch up.
 
Flyn's Avatar
 
Join Date: Mar 2004
Location: Selling homes on the Gulf Coast of Florida
Posts: 45,576
Casino cash: $230697900
8.12 per day
Default

Can't one of the board members identify as a woman?

You can't question how someone identifies...
MrDragster1970 likes this.
Flyn is online now   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 04:49 PM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.6.0
User Alert System provided by Advanced User Tagging v3.0.6 (Lite) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
no new posts