Netflix Original Content Celebrates Abortion

Netflix Inc  (NFLX)

Comedian Michelle Wolf on her Sunday show led a "salute to abortion" that culminated in her cheering, “God bless abortions and God bless America!”

At the end of “The Break with Michelle Wolf,” her new Netflix show, Wolf dressed up in an American flag leotard and led the crowd in pro-abortion cheers backed by a band.

“Women, if you need an abortion, get one,” Wolf said. “If you want an abortion, get one.”

Click on image to view video.  (Warning:  Disturbing content and profanity.)

Click on image to view video.  (Warning:  Disturbing content and profanity.)

IWP Capital, LLC will not sit idly by and let this go.  We cannot remain silent.  And we are not alone in this area of outrage.  Fr. John Rapisarda is taking action shown in his blog post.  This stunt has caused quite a stir with The National Review, LifeSiteNews, The American CatholicThe Daily Wire and many more news sources and blog posts.

This week, we have written letters to the CEO, Chief Marketing Officer and VP of Finance/Investor Relations to protest this atrocious episode of their program and demanding action.

July 25, 2018
Reed Hastings
Netflix, Inc.
100 Winchester Circle
Los Gatos, CA 95032
Re: “The Break with Michelle Wolf”
Dear Mr. Hastings,
An atrocious recent episode of “The Break with Michelle Wolf” has come to our attention.  The title of this episode was “Salute to Abortion.”  This show made a total mockery of the pro-life movement including the statement, “God Bless Abortion.”  We are disappointed that Netflix would choose to promote these views with your original content on your platform.
Our firm, IWP Capital, LLC, performs socially responsible screening and advocacy for many Catholic clients, money managers with Catholic products, and consultants that work in the Catholic market.  We screen over $1 billion dollars of assets and vote many of their proxies, as well. 
Netflix currently passes our screening and is held in many of our portfolios and associated client portfolios.  In light of the cavalier stance Netflix has taken on the grave topic of abortion, we are considering failing Netflix and passing this information on those companies that rely on our opinion.
Beyond a corporate apology, one way to prevent any further action on our part would be for this show to be cancelled or have Ms. Wolf removed as host.  Until such time, we will vote against the whole slate of Netflix’s corporate board members until this is resolved to our satisfaction.  We will recommend this same course of action to our network of like-minded investors.
We welcome a discussion about this issue and hope that it is resolved in a timely manner.
Samuel Saladino III
Founder & CEO
IWP Capital, LLC

Action Items for you to consider:

  • Cancel your subscription to Netflix.  (Many of our employees have done this.)
  • Send an email to their Public Relations Dept.  (See link below.)
  • Write letters to the decision makers at Netflix.  (See contact info below.)
  • Pray for Netflix and all those that work there that their hearts may be softened.

Netflix Contact Info:

Public Relations Dept.

Reed Hastings
Netflix, Inc.
100 Winchester Circle
Los Gatos, CA 95032

Kelly Bennett
Chief Marketing Officer
Netflix, Inc.
100 Winchester Circle
Los Gatos, CA 95032

Spencer Wang
VP, Finance/Investor Relations & Corporate Development
Netflix, Inc.
750 University Avenue
Los Gatos, CA 95032

Company Update: Elevate Credit

Elevate Credit Inc  (ELVT)

Elevate Credit is a subprime lender that focuses on providing responsible loans to low credit or no credit borrowers.

Many subprime lenders are involved in predatory lending which is in violation of the United States Council of Catholic Bishops’ Socially Responsible Investment Guidelines. However, Elevate Credit does the opposite and, instead of targeting vulnerable low credit individuals with predatory rates and terms, offers low credit individuals the opportunity to help build credit with reasonable rates and transparent terms. This is in line with the spirit of the guidance of the USCCB and promotes socially responsible business.

The stance of IWP Capital is that Elevate Credit is a "Pass" with no involvement in any controversial activities.

Company Update: Amgen

Amgen Inc.  (AMGN)

We are pleased to share some good news about Amgen's use of fetal or embryonic stem cells.  After our repeated calls and emails to Amgen, they have verified that they do not currently utilize fetal or embryonic stem cell research in the development of their current product line.  

We will continue to monitor Amgen and other companies in the industry and will seek to engage them on any future plans to use embryonic or fetal stem cell research.