Tuesday, March 06, 2012

Cosmic justice

From The Daily Caller:

On Saturday, Carbonite CEO David Friend released a statement on his company’s website declaring that Carbonite had decided to “withdraw” advertising from Rush Limbaugh’s radio show in the wake of his controversial remarks involving Georgetown Law student Sandra Fluke because it will “ultimately contribute to a more civilized public discourse”:
Even though Mr. Limbaugh has now issued an apology, we have nonetheless decided to withdraw our advertising from his show. We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse.
However, it hasn’t done much to contribute to his company’s stock price. Since the market opened on Monday through its close today, Carbonite stock (NASDAQ:CARB) has plummeted nearly 12 percent, outpacing the drop of the NASDAQ index in that same time period by nine-and-a-half points. It was also one of the biggest decliners on the NASDAQ on Tuesday.

Pissing off Rush's devoted audience of 20 million plus fans is not a good business decision.

And did you check out Carbonite CEO David Friend's statement about how "courageous and well-intentioned" Ms. Fluke was?  This from a man with two daughters her age. 

I don't have children but if I did have a daughter and she took it upon herself to appear before the United States Congress - on national TV, no less - and whine that the Church ought to be forced to finance her sexual escapades I seriously think I would have to commit suicide as penance for bringing such a wretched and debased creature into the world.

Let us hope that Carbonite, Sleep Number and the rest of the craven capitalists who have decided to pander to the left by dropping their sponsorship of the Rush Limbaugh Show pay a heavy price in lost business.

And let us support Life Lock for hanging in for Rush and supporting our First Amendment rights.