This is a very recent development. I as a shareholder have some huge alarms going off in my head about PYPL joining team ADL to somehow identify “hate” groups and “extremeism” somehow deny them service. When everyone was on board with tolerating all other viewpoints, lifestyles, etc., it feels like the tide has turned and intolerance of anything not progressive is becoming the new norm. If I didn’t already own PYPL stock, this development would surely influence my decision to “wait and see” how things progress. However, I can’t see any benefit from a business perspective how this will ultimately benefit PYPL or their stockholders. I’ve done some research on ADL and find their rhetoric “extreme” and skewed. Their entry into educating children about race interaction and history, maybe it’s just me but I find it problematic.
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Thank you for expressing concern about the motives and practices of these powers that be. This is the direction they want to grow, because … they can.
I figured that it was economically driven but I was thinking mixing politics with business may be a bad idea. I’m no fan of “cancel culture” and wondered if anyone else who owns PYPL stock was alarmed at this development. Thanks for responding., appreciate the input you shared. Any other thoughts are welcomed….
I have a small amount of PayPal. I support any company that doesnโt want to support bigots and racists and religious crackpots of all creeds. This move makes me like the company more.