Last year, Tony Perkins made the unintentionally hilarious argument that Starbucks’ support for Washington state’s marriage equality bill cost the company $10.2 billion in lost market capitalization. Now, the Family Research Council president is arguing that the reason ExxonMobil’s “shares rose 2% last year” is because “more investors flock to an organization unafraid to take a stand” against gay rights.
Perkins was referring to an ExxonMobil shareholder vote last week that rejected a resolution protecting LGBT employees from job discrimination. By not “fueling the homosexual agenda,” Perkins said, ExxonMobil was able to have “its second-biggest profit year ever.”
At ExxonMobil, shareholders put their stock in something other than political correctness. Hello, I’m Tony Perkins of the Family Research Council in Washington, D.C. It won’t change the price of gas, but it may comfort you to know that at ExxonMobil, your business isn’t fueling the homosexual agenda. For the 14th straight year, ExxonMobil refused to add special protections for sexual orientation in its employment policy. And while the outcome wasn’t a surprise, the margin of victory certainly was. By a four-to-one ratio, shareholders said “no,” shocking liberals and bolstering other companies under pressure from corporate bullies. Liberals say these kinds of views can affect your bottom line — and they’d be right! ExxonMobil is coming off its second-biggest profit year ever. The company’s shares rose 2% last year, as more investors flock to an organization unafraid to take a stand. Maybe Exxon’s courage will help other companies drill down on their priorities. Until then, at least this gas company is keeping our values in the pipeline.