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The “Money” Moves on North Carolina

When the big money pulls the plug on a state or country…You are well and truly screwed.

The “bathroom Bill” in North Carolina has already cost the state $400 million in revenue. The NCAA has pulled out, The NBA has pulled out. Even the flagship ACC Tournament has pulled out…Not to mention major companies like Paypal who have cut expansion plans and are looking for another place to locate.

When the big money moves …That means there isn’t going to be any shiny new Volkswagen or Toyota plant in your state. Your Bond rating takes a hit, and it becomes increasingly difficult to borrow money. It becomes increasingly difficult for the companies in your state to borrow money because of insurance bonds (meaning they leave…quickly). If you really piss these guys off, your state economy is F87545ed.

The problem in North Carolina has gone from a really stupid set of laws put in place by right wing Tea Party whack jobs – to the loss of confidence in the State legislators and Governor to manage the state’s affairs in the best interest in the state. So even if the Governor sees the light tomorrow, he has screwed his state out of at least $2 billion in business revenue, and he and the wing nuts have tarnished the state’s reputation long term.

The folks in the state who aren’t rock stupid right wingdizzies need to have one of those marches on the Capital with some tar, feathers, and a rail to save things at this point.

Gay people can get isht done in this country…Too bad so many bad black leaders don’t understand how.

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Investors Worth $2.1 Trillion Want NC To Flush ‘Bathroom Bill’

The group warns that the bill’s damages could soon be “irreversible.”

The fallout from North Carolina’s House Bill 2 continues six months after Gov. Pat McCrory signed it into law.

In the latest blow to the controversial “bathroom bill,” 60 investment managers from across the country representing more than $2.1 trillion in managed assets have called for the state to repeal the law, which effectively bars transgender people from using the restroom that best corresponds with their gender identity.

The chief executive officer of Trillium Asset Management, which has an office in Durham, North Carolina, warned that the Tar Heel State could be headed for “a state-government-inflicted recession” because of the bill, which McCrory hasaggressively defended since signing March 23, the Associated Press reports.

Blasting North Carolina for having “written discrimination into state law,” Matt Patsky told The Charlotte Observer that the “unintended consequence has been a backlash that is having material, negative impact on the economy of the state. HB2 must be repealed immediately before this damage becomes irreversible.”

Patsky spoke at a Monday news conference in Raleigh, North Carolina, where he presented the initiative on behalf of Trillium along with other organizers, including Croatan Institute, an environmental research group, and New York City Comptroller Scott Stringer.

Unfortunately, McCrory didn’t seem fazed by the latest opposition. Officials from the Republican governor’s re-election campaign released a statement from McCrory Monday that read, “For New York hedge fund billionaires to lecture North Carolina about how to conduct its affairs is the height of hypocrisy.” The statement, whichcan be read in full on local ABC affiliate WTVD’s site, also blasted Democratic presidential hopeful Hillary Clinton for having raised “ungodly amounts of money” from Wall Street for her own campaign.

Still, McCrory’s statement overlooks the fact that his state has been experiencingnear-constant pushback from various industries over the controversial bill. Bruce Springsteen, Pearl Jam and Cirque du Soleil have all opted out of North Carolina performances in the wake of the legislation, and the law was also cited by Deutsche Bank and PayPal as incentive to scrap expansion plans in the state.

The governor’s decision to back the bill in spite of the backlash hasn’t gone over too well with residents, either. A Monmouth University poll published in August found that 55 percent of North Carolina voters opposed House Bill 2, while seven out of 10 voters believe it had hurt North Carolina’s national reputation.

 

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ACC Dumps North Carolina

Including the ACC Basketball Tournament…Ouch!

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Atlantic Coast Conference Moves College Championships From North Carolina

The Atlantic Coast Conference on Wednesday said it would move 10 college sports championships from North Carolina because of a state law that restricts rights for lesbian, gay, bisexual and transgender people.

Two days ago, the National Collegiate Athletic Association (NCAA) announced it would relocate seven championship sporting events from North Carolina for the 2016-17 season in protest of the law known as House Bill 2 or H.B. 2.

The measure, enacted in March, requires transgender people to use bathrooms in publicly owned buildings that correspond with the gender listed on their birth certificate, not the gender they identify as. The law also bars local government measures aimed at protecting lesbian, gay, bisexual and transgender people from discrimination.

The ACC’s announcement will affect championships in soccer, football, swimming and diving, basketball, tennis, golf and baseball that were set to be held at neutral sites across North Carolina.

“The decision to move the neutral site championships out of North Carolina while H.B. 2 remains the law was not an easy one but it is consistent with the shared values of inclusion and non-discrimination at all of our institutions,” Clemson University President James Clements, chairman of the ACC Council of Presidents, said in a statement.

 

 

 
 

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No Longer Sky Blue – NCAA Rips North Carolina

The NCAA just lowered the hammer on the Reprobates in the Carolina legislature and Governor seats. Schools in the state, have won more than few NCAA Tournaments, and the Atlantic Coast Conference, made up primarily of North Carolina Schools has been one of the top leagues in NCAA Basketball for decades. Folks in that state are about as serious about their basketball as folks in Texas and Alabama are about football.

This isn’t just a financial hit, costing Charlotte which annually hosts some portion of the tournament tens of millions…Its a stake right though the heart.

All because of a bunch of back woods sanctimonious inbred Republican liars.

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NCAA moves ‘March Madness’ basketball finals out of North Carolina over anti-trans law

The governing board overseeing U.S. college athletics said on Monday it will move seven championship sporting events out of North Carolina to protest state laws deemed discriminatory to lesbian, gay, bisexual or transgender individuals.

The decision by the National Collegiate Athletic Association (NCAA) to relocate the events, including the first two rounds of the “March Madness” men’s basketball playoffs, comes two months after the NBA announced the removal of its 2017 pro All-Star Game from North Carolina for the same reasons.

The National Basketball Association said in August that the All-Star game would be played in New Orleans instead.

The NCAA governing board in its statement cited a North Carolina law that makes it illegal for anyone to use a public restroom that does not match the gender they were assigned at birth.

The board also pointed to North Carolina statutes that it said override local laws designed to prevent discrimination on the basis of sexual orientation or provide legal protections for government officials who refuse services to the LGBT community.

The North Carolina bathroom statute has sparked boycotts by a number of corporations and entertainers, as access to public restrooms, locker rooms and changing areas has become a flashpoint in the battle over transgender rights in the United States.

In addition to basketball playoff competition that had been slated to be played in Greensboro next March, the NCAA said it was also stripping North Carolina of 2016-17 season championships for Division I women’s soccer; Division II men’s and women’s soccer; Division I regional women’s golf; Division II men’s and women’s tennis; Division I women’s lacrosse and Division II baseball.

The NCAA said it would determine new locations for those competitions in the near future.

The governing board said its decision was in line with current NCAA policy that already bans championships in states that display the Confederate battle flag of the U.S. Civil War or authorize sports wagering and at schools that use “hostile or abusive” Native American imagery.

 

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