{"id":1301054,"date":"2023-05-28T13:10:10","date_gmt":"2023-05-28T17:10:10","guid":{"rendered":"https:\/\/bugaluu.com\/news\/whats-more-tragic-is-capitalism-blm-faces-bankruptcy-as-founder-cullors-is-cut-by-warner-bros\/1301054\/"},"modified":"2023-05-28T13:10:10","modified_gmt":"2023-05-28T17:10:10","slug":"whats-more-tragic-is-capitalism-blm-faces-bankruptcy-as-founder-cullors-is-cut-by-warner-bros","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/whats-more-tragic-is-capitalism-blm-faces-bankruptcy-as-founder-cullors-is-cut-by-warner-bros\/1301054\/","title":{"rendered":"“What’s More Tragic Is Capitalism”: BLM Faces Bankruptcy As Founder Cullors Is Cut By Warner Bros"},"content":{"rendered":"
\"\"<\/a><\/div>\n

“What’s More Tragic Is Capitalism”: BLM Faces Bankruptcy As Founder Cullors Is Cut By Warner Bros<\/span><\/p>\n

\n

Authored by Jonathan Turley,<\/em><\/a><\/p>\n

Two years ago, I wrote columns about companies pouring money into Black Lives Matter to establish their bona fides as \u201cantiracist\u201d corporations. The money continued to flow despite serious questions raised about BLM\u2019s management and accounting. Democratic prosecutors like\u00a0New York Attorney General Letitia James showed little interest<\/a>\u00a0in these allegations even as James sought to disband the National Rifle Association (NRA) over similar allegations. At the same time, Black Lives Matter co-founder Patrisse Cullors cashed in with companies like Warner Bros. eager to give her massive contracts to signal their own reformed status. It now appears that BLM is\u00a0facing bankruptcy<\/a>\u00a0after burning through tens of millions and Warner Bros. cut ties with Cullors after the contract produced no \u2014 zero \u2014 new programming.<\/p>\n

Some states belatedly investigated BLM as founders like Cullors seemed to scatter to the winds. <\/strong><\/p>\n

Gone are tens of millions of dollars, including millions spent on luxury mansions and windfalls for close associates of BLM leaders.<\/p>\n

The usual suspects gathered around the activists like\u00a0former Clinton campaign general counsel Marc Elias, who later removed himself from his \u201ckey role\u201d<\/a>\u00a0as the scandals grew.<\/strong><\/p>\n

When questions were raised about the lack of accounting and questionable spending, BLM\u00a0attacked critics as \u201cwhite supremacists.\u201d<\/a><\/p>\n

Warner Bros. was one of the companies eager to grab its own piece of Cullors to signal its own anti-racist virtues.\u00a0<\/strong> It gave Cullors a lucrative contract to guide the company in the creation of both scripted and non-scripted content, focusing on\u00a0reparations<\/a>\u00a0and other forms of social justice. It launched a publicity campaign for everyone to know that it established a \u201cwide-ranging content partnership<\/a>\u201d with Cullors who would now help guide the massive corporation\u2019s new programming. Calling Cullors \u201cone of the most influential thought leaders in American public life,\u201d Warner Bros. announced that she was going to create a wide array of new programming, including \u201cbut not limited to live-action scripted drama and comedy series; longform\/event series; unscripted docuseries; animated programming for co-viewing among kids, young adults and families; and original digital content.\u201d<\/p>\n<\/p>\n

Some are now wondering if Warner Bros. ever intended for this contract to produce anything other than a public relations pitch or whether Cullors took the money and ran without producing even a trailer for an actual product. Indeed, both explanations may be true.<\/strong><\/p>\n

Paying money to Cullors was likely viewed as a type of insurance to protect the company from accusations of racial insensitive. After all, the company was giving creative powers to a person who had no prior experience or demonstrated talent in the area. Yet, Cullors would be developing programming for one of the largest media and entertainment companies in the world.<\/p>\n

One can hardly blame Cullors despite\u00a0criticizism by some on the left<\/a>\u00a0for going on a buying spree of luxury properties.<\/p>\n

After all, Cullors was previously open about her lack of interest in working with \u201ccapitalist\u201d elements. Nevertheless, BLM was run like a Trotskyite study group as the media and corporations poured in support and revenue.<\/strong><\/p>\n

It was glaringly ironic to see companies like Warner Bros. falling over each other to grab their own front person as the group continued\u00a0boycotts of white-owned businesses<\/a>. Indeed, if you did not want to be on the wrong end of one of those boycotts, you needed to get Cullors on your payroll.<\/p>\n

Much has now changed as companies like Bud Light have been\u00a0rocked by boycotts<\/a>\u00a0over what some view as heavy handed virtue signaling campaigns.<\/p>\n

It was quite a change for Cullors and her BLM co-founder, who previously proclaimed \u201c[we] are\u00a0trained Marxists<\/a>. We are super versed on, sort of, ideological theories.\u201d She denounced\u00a0capitalism as worse than COVID-19<\/a>. Yet, companies like Lululemon rushed to find their own \u201csocial justice warrior<\/a>\u201d while\u00a0selling leggings for $120 apiece.<\/strong><\/p>\n

When some began to raise questions about Cullors buying luxury homes,\u00a0Facebook<\/a>\u00a0and\u00a0Twitter censored them<\/a>.<\/p>\n

With increasing concerns over the loss of millions, Cullors eventually stepped down as executive director of the Black Lives Matter Global Network Foundation<\/a>, as others resigned.\u00a0 At the same time, the New York Post was revealing that BLM Global Network transferred $6.3 million to Cullors\u2019 spouse, Janaya Khan, and other Canadian activists to\u00a0purchase a mansion in Toronto in 2021<\/a>.<\/p>\n

According to\u00a0The Washington Examiner<\/a>, BLM PAC and a Los Angeles-based jail reform group paid Cullors $20,000 a month. It also spent nearly $26,000 on meetings at a luxury Malibu beach resort in 2019. Reform LA Jails, chaired by Cullors, received $1.4 million, of which $205,000 went to the consulting firm owned by Cullors and her spouse, according to\u00a0New York magazine<\/a>.<\/p>\n

Once again, while figures like James have spent huge amounts of money and effort to disband the NRA over such accounting and spending controversies, there has been only limited efforts directed against BLM in New York and most states.<\/strong><\/p>\n

Cullors once declared that \u201cwhile the COVID-19 illness is tragic,\u00a0what\u2019s more tragic is capitalism<\/a>.\u201d These companies seem to be trying to prove her point. Yet, at least for Cullors, Warner Bros. fulfilled its slogan that this is all \u201cThe stuff that dreams are made of.\u201d<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nSun, 05\/28\/2023 – 16:00<\/span><\/p>\n

From:Zerohedge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

“What’s More Tragic Is Capitalism”: BLM Faces Bankruptcy As Founder Cullors Is Cut By Warner Bros Authored by Jonathan Turley, Two years ago, I wrote…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1301054","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbimBl-5ssK","jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1301054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1301054"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1301054\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1301054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1301054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1301054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}