Nike's ad Campaign, CBS looses a CEO, and the Government Shuts Down in 20 days

Nike’s new ad campaign has an unexpected feature, Colin Kaepernick. Kaepernick was the quarterback to the San Francisco 49ers  and during the 2016-2017 NFL season took a knee during the national anthem. Kaepernick claims his kneeling was a protest of police brutality amongst the African American community, while others said it was a disrespectful act blatantly offending our troops. Kaepernick has was not resigned during the 2017-2018 season and is currently involved in arbitration with the NFL. The 30th anniversary Nike ad uses Kaepernick as a voice over saying “believe in something even if it means sacrificing everything”. When the ad was first released pieces of the public were outraged, videos of people burning Nike apparel and cutting out the swoosh logo went viral, many claimed Nike’s stocks would plummet and they would lose a large margin of their sales. Two colleges have already banned Nike apparel including, Truett McConnell University, a liberal arts school with about 2,600 students in the northern Georgia community of Cleveland who will no longer permit the sales of Nike gear in their stores and he College of the Ozarks, a liberal arts college with about 1,500 students in the southwest Missouri community of Point Lookout who is no longer permitting their athletic teams to wear Nike uniforms.  The rumors did not prove to be true and over labor day weekend Nike’s sales increased by 31% and their stocks only increased. It is important to note that Nike has been endorsing Kaepernick prior to the 2016 NFL season and had a signed contract with the quarterback prior to the protests. Nike is also the sole gear provider to the NFL and recently the NBA. They are also the main producer of military combat boots.

CBS also made headlines recently as their CEO, Leslie Moonves, is leaving his position in the company due to several allegations of sexual misconduct. This past August six women came forward in the New Yorker with accusations of sexual misconduct and damage to their careers. A second article was published this passed Sunday with six more women bringing similar allegations. The sunday night press release stated that Moonves would be stepping down as chairman, president and chief executive officer "effective immediately"and  COO Joseph Ianniello will take his place until the board appoints a permanent successor. CBS claims that an investigation into the allegations against Moonves has been conducted since the publication of the first article and will continue. Moonves has denied all of the allegations against him.  

The government is scheduled to run out of funding in 20 days.The president, in the past six weeks has stated seven separate times that he would in fact allow a government shutdown. On July 29 the president tweeted, “I would be willing to 'shut down' government if the Democrats do not give us the votes for Border Security, which includes the Wall! Must get rid of Lottery, Catch & Release etc. and finally go to system of Immigration based on MERIT! We need great people coming into our Country!” followed by a comment on July 30th in a joint press conference with the Italian Prime Minister, "If we don’t get border security after many, many years of talk within the United States, I would have no problem doing a shutdown”, and a tweet the following day, “I don’t care what the political ramifications are, our immigration laws and border security have been a complete and total disaster for decades, and there is no way that the Democrats will allow it to be fixed without a government shutdown.” August began with Trump stating twice he would allow a shut down. On August 1st in an interview with conservative radio commentator Rush Limbaugh “I happen to think it’s a great political thing, because people want great border security,” he said, adding “It's the right thing to do.” and on August 2nd at at rally in Pennsylvania “We're either getting it or we're closing down the government. We need border security.” Trump tuned back in on August 20th at an immigration event stating; “We're building the wall, step by step, and it's not easy because we have a little opposition called the Democrats”. Trump began to change his tune a bit stating in an interview with the Daily Caller“I don’t like the idea of shutdowns. ... I don’t see even myself or anybody else closing down the country right now”. Trump gave off the impression that he would hold off on a shut down until after the midterm elections until the next day when he met with Republican Congressional leaders and said; “If it happens, it happens. If it's about border security, I'm willing to do anything.” Trump continued to go back and forth on whether he would allow a shut down saying in a Fox Interview “Most likely I will not” shut down the government, and then later that night enduring chants from a rally in Montana “Build that wall! Build that wall! Build that wall!” Most recently Trump claimed on September 7th that “I would do it because I think it’s a great political issue.”  There is no clear answer on whether or not the government will be able to agree on funding and get it passed the President by the end of September but it is not a good sign that the President himself is treating it as a partisan issue.