Democratic Primaries

BidenBacker

(1,089 posts)

5. Tell corporations if they need to raise cash then sell some of their damn stock back

Sun Mar 22, 2020, 01:36 PM

Mar 2020

Airlines and Boeing want a bailout — but look how much they’ve spent on stock buybacks

https://www.marketwatch.com/story/airlines-and-boeing-want-a-bailout-but-look-how-much-theyve-spent-on-stock-buybacks-2020-03-18

These greedy clowns used their tax cuts to buy back their stock and artificially inflate the markets...thus enriching CEOs, board members and rich investors who didn't have a thing to do with the actual production of goods and services like the actual workers did. If that drives the price of their stock way down then oh well, tough shit...that's just capitalism and free markets for you.

When the stock gets low enough then maybe more of the middle class can buy some shares of their own so that when the economy recovers they too can participate in reaping some of the gains for a change. Getting pretty fed up with this GOP Ponzi scheme.

Privatizing the profit and socializing the risk is getting pretty damn old pretty damn fast.

If I were to vote in a presidential
primary today, I would vote for: Joe Biden

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We have a huge challenge: Corporations provide millions of jobs... [View all] brush Mar 2020 OP

We the People need a national campaign to revoke corporate personhood. CrispyQ Mar 2020 #1

Of course, agreed. brush Mar 2020 #4

The Sierra Club is also a corporation. MineralMan Mar 2020 #11

And your point is? -nt CrispyQ Mar 2020 #16

Believe we will come out of this a lot closer to Scandinavian countries when this is over. Hoyt Mar 2020 #2

We have to figure out how to RE-regulate them effectively rocktivity Mar 2020 #3

Tell corporations if they need to raise cash then sell some of their damn stock back BidenBacker Mar 2020 #5

And that bailouts will only be in the form of partial - if not outright - nationalizations sandensea Mar 2020 #6

I like the way you think BidenBacker Mar 2020 #7

Likewise! sandensea Mar 2020 #15

KR! Cha Mar 2020 #8

Overthrowing capitalism will just have to wait... comradebillyboy Mar 2020 #9

Highly regulated, robust, safety net capitalism, please. brush Mar 2020 #12

American capitalism can definitely be improved but comradebillyboy Mar 2020 #13

Yes, we have a good chance at it now as trump has botched... brush Mar 2020 #14

Really, most jobs are with corporations. MineralMan Mar 2020 #10