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The Patriotic Economy

July 18, 2023 By Richard C. Young

By Hatsaniuk @ Shutterstock.com

America has watched as a number of companies have self-immolated by “going woke and going broke.” These include Anheuser-Busch, PayPal, Facebook, and others that have misjudged their user base. In response, entrepreneurs and patriotic Americans are working to build businesses that give Americans what they want. One current attempt is an e-commerce alternative to Amazon.com named PublicSq. Joseph Mackinnon reports in The Blaze:

PublicSq., a marketplace touted as a pro-life, pro-family, and pro-freedom “patriotic parallel economy,” is set to go public.

This initiative is the latest effort by conservatives to divest from a liberal marketplace that appears increasingly antipathetic to their traditional values and hell-bent on their subordination.

Michael Seifert, the company’s founder and CEO, announced in a webinar Monday that PublicSq. was going public through the SPAC Colombier Acquisition Corp. (NYSE: $CLBR) on July 20.

Businesswire previously reported that following the business combination, the combined company will be renamed “PSQ Holdings, Inc.” and will trade on the New York Stock Exchange under the symbols “PSQH” and “PSQH WS.”

According to Seifert, his marketplace will accommodate patriots “passionate about putting your values into the commerce experience, voting with your wallets, [and] supporting the small businesses that make this nations so special.”

The CEO told “Just the News, No Noise” that “capital markets are in desperate need of democratization. … Because unfortunately, the capital markets have been robbed by ESG mandated funds and DEI philosophies. And just like there’s a drive for consumers to spend their money in alignment with their values, there’s also an equally strong drive for investors to invest their money with companies that do not hate them and actually want to promote America. So that’s what we’re here to do.”

Read more here.

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Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
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