WheresMyWater

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rbreich , to Random
@rbreich@masto.ai avatar

Prior to 1982, the SEC considered stock buybacks to be illegal stock manipulation. But under President Reagan, stock buybacks were made legal. Now, instead of investing profits into people, big corporations use them to line the pockets of wealthy shareholders. They're a scam.

WheresMyWater ,

@rbreich crony capitalism is the worst

rbreich , to Random
@rbreich@masto.ai avatar

According to the WaPo: “Donald Trump has privately said he could end Russia’s war in Ukraine by pressuring Ukraine to…cede Crimea and the Donbas border region to Russia.” Did we learn nothing from WWII and the danger of appeasement? Give an inch, he'll take it all.

WheresMyWater ,

@rbreich never give fascism or deeply authoritarianism an inch.

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