Companies buying shares of their own stock only artificially inflates it’s price, it adds no value to the company or the economy as a whole. If corporations have money to waste on buybacks, they are hoarding too much money that could be spent productively in the real economy.
“Just 100 companies have been responsible for 71 percent of greenhouse gas emissions since 1988, but only *YOU* can stop climate change!”
Matt Lubchansky Comics / The Nib
Maybe allowing corporations to sell out to foreign advisories wasn’t a good idea?
“Nested on the servers’ motherboards, the testers found a tiny microchip, not much bigger than a grain of rice, that wasn’t part of the boards’ original design. Amazon reported the discovery to U.S. authorities, sending a shudder through the intelligence community. Elemental’s servers could be found in Department of Defense data centers, the CIA’s drone operations, and the onboard networks of Navy warships. And Elemental was just one of hundreds of Supermicro customers.
During the ensuing top-secret probe, which remains open more than three years later, investigators determined that the chips allowed the attackers to create a stealth doorway into any network that included the altered machines. Multiple people familiar with the matter say investigators found that the chips had been inserted at factories run by manufacturing subcontractors in China.”
The attack by Chinese spies reached almost 30 U.S. companies by compromising America’s technology supply chain.
Neoliberalism demands you stop driving and don’t use any electricity for 22 hours per day so these companies can keep polluting.
Global warming isn’t an individual problem and it won’t be solved by individuals. It’s a societal and economic issue and needs to be treated that way
A relatively small number of fossil fuel producers and their investors could hold the key to tackling climate change
6 conglomerates control 90% of the media in America.
2 tech companies control the majority of information flow through society.
How can we possibly think freedom of the press or information can exist in such a system?
Just another wealth transfer scheme. Steal from the poor and give to the rich #Trumponomics
The White House promised ’70 percent’ of the tax cut would go to workers. It didn’t.
Trump is on pace to win reelection. With the gimmicks of this tax deal, smoke and mirror moves like this, and failure of the media or democrats to gain any semblance of credibility – as of right now, Trump has a very good chance at reelection….
“It’s excellent PR after all the mantra across the aisle that it’s just a tax plan for the rich and for corporate America and for people who own stocks. … It’s a good PR move, giving back to the folks in the company.”
“It affects the psychology of the moment. Giving back to your workers. This was a major victory for corporate America,” she said of the tax cuts.
Expect a stampede of companies handing out bonuses, raising pay, spending on capital projects, and even giving to charities.
Taxpayers subsidize companies like Walmart by providing their employees with Medicare, housing, and food stamps. Share if you think it’s time for Walmart to take care of their employees!
President Donald Trump on Sunday tweeted a bizarre drawing that depicts a giant cartoon Trump saving America by dragging U.S. companies across an ocean on a barge.