At the expense of workers, consumers, animals, community, and planet.... Stock buybacks were illegal until 1982, when the Reagan Revolution turned market manipulation into an art form. It's a system of corporate tyranny that increases the fortunes of a few at the expense of the many. This will not end until we end it. #DisruptTheSystem marianne2024.com
Stunning figure. The White House’s National Economic Council reports that major corporations are spending roughly 90% of their earnings on stock buybacks and dividends. What’s left for investment? Not much, unless these corporations are taking on debt. -R

Mar 7, 2023 · 11:29 PM UTC

81
353
21
1,768
Replying to @marwilliamson
You do realise that people who own stock own the company right? So if you ran your own company and decided to pay yourself more and stop reinvesting in your business that's entirely up to you right? Businesses are not decent people, they are businesses. You don't like it regulate them... and then run on that. Otherwise you're just spouting populist nonsense.
Replying to @marwilliamson
what stocks are you invested in?
When you are seen as lesser than human, you are treated lesser than human.
Replying to @marwilliamson
Stock buybacks and dividends are means by which corporations return value to their stockholders (owners of publicly traded companies). Most pensions in Western societies invest in stocks and bonds in order to be able to pay out their pensions. Progressives are clueless.
Replying to @marwilliamson
While we are at it lets put the uptick rule back in place for shorts.
Replying to @marwilliamson
Both Democrats and Republicans worship and love Ronald Reagan. If you don't call out BOTH neoliberal corporatist warmongering parties, then this presidential venture you're on is a HUGE waste of time, energy, and resources.
3
Replying to @marwilliamson
You’re gonna tell people to vote for Biden.
Replying to @marwilliamson
Nader is wrong. You're simply retweeting him because you want to appear smart.