Source: Seattle Post-Intelligencer
A conservative Christian pastor plans to launch a high-profile campaign Tuesday urging religious followers to load up on Microsoft Corp. stock, in an attempt to force the company to "stop financing ungodly ventures."
The Rev. Ken Hutcherson, who leads Antioch Bible Church in Microsoft's hometown of Redmond, says that he will create a global and powerful group to promote traditional family values, including marriage exclusively between a man and a woman.
Hutcherson, joined by some of the country's most influential Christian leaders, has created a new organization, AGN Financial Network, to finance the effort. The worldwide venture asks people to buy three shares of company stock and donate one to AGN. Its Web site tells visitors, "You have the power to change the world," and contains tips on how to open a brokerage account. Among the listed supporters are Richard Land of the Southern Baptist Convention and religious pundit Gary Bauer.
"We're not trying to hurt Microsoft or their shareholders, nor are we calling for a boycott of their products," volunteer spokesman Dennis Sullivan said. "We are trying to get Christians to buy their shares."
It's unclear what effect, if any, the initiative could have on the stock price. It would be difficult to influence company direction -- just to gain a 1 percent stake in Microsoft, about 31 million people would each have to spend $104 to buy three shares.
At Microsoft's annual shareholder meeting in November, Hutcherson told the group that he was gathering evangelicals, Catholics, Jews and Muslims to challenge the company.
He told company leaders, "I could work with you, or I could be your worst nightmare, because I am a black man with a righteous cause, with a host of powerful white people behind me," according to an e-mail update to his supporters. "I hope to hear from you and if not, you will hear from me."
Microsoft leadership has publicly supported gay rights legislation, and the company officially opposes discrimination based on sexual orientation. Microsoft shareholders have voted in favor of the company's nondiscrimination policy, General Counsel Brad Smith said.
The company was one of the first to offer employee benefits to same-sex domestic partners, according to its employee resource group GLEAM, which stands for Gay, Lesbian, Bisexual and Transgender Employees at Microsoft. The group, founded in 1993, has more than 700 members.
What the company does "within its four walls" is its own business, Hutcherson told the Seattle P-I on Monday. He objects to Microsoft's, and many other companies', influence on public policy.
Full article: Conservative pastor urges buying Microsoft stock to fight its gay rights efforts