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jCarttarBrooke

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First breath 312.2 ppm CO2. (421.55 ppm today and rising) 51.1F was the global avg temp 55.9F today. (2.7 C hotter) Nothing to see here, folks.
Keep on moving...

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rbreich , to Random
@rbreich@masto.ai avatar

Say It With Me: Tax the Rich https://www.youtube.com/watch?v=ODEekecVjgA&utm_source=dlvr.it&utm_medium=mastodon

jCarttarBrooke ,
@jCarttarBrooke@mastodon.social avatar

@rbreich I can see by the stock bubble that they (the rich) are not investing it, they are speculating it. And with top capitalization companies the frothiest, even the old "S&P 500 and forget it" formula does not a spread risk. It's a defacto monthly forced purchase by a huge percent of the passive investors in their retirement accounts. When the tide recedes....

rbreich , to Random
@rbreich@masto.ai avatar

Typical pay for the 100 highest paid CEOs was over $29M last year.

Much of the compensation was tied to stock gains.

Just so happens that corporations spent ~$800 BILLION on stock buybacks, which artificially boost share prices.

Translation: CEOs are goosing their own pay.

jCarttarBrooke ,
@jCarttarBrooke@mastodon.social avatar

@rbreich
CEOs goosing their stocks with buy-backs WILL NOT CAUSE A FINANCIAL MANIPULATION BUBBLE collapse leaving common stock holders holding the bag (of near nothing)...

Now I do have some shoreline properties for you climate deniers...

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