@mpjgregoire@cosocial.ca avatar

mpjgregoire

@[email protected]

ingénieur, tory canadien, citoyen du Grand Montréal

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rbreich , to Random
@rbreich@masto.ai avatar

In the years after Trump's tax cuts, S&P 500 corporations spent $2.72 trillion on stock buybacks to enrich wealthy shareholders. That's more than what they spent on investments in plants and technology to boost production and create jobs. So much for trickling down, huh?

mpjgregoire ,
@mpjgregoire@cosocial.ca avatar

@rbreich Would it have been acceptable if they'd spent that money in dividends?

rbreich , to Random
@rbreich@masto.ai avatar

The Supreme Court just overturned a federal ban on bump stocks, the device that let the Las Vegas shooter injure more than 500 people and kill 60 within minutes.

80% of Americans supported the ban — even Trump!

SCOTUS has once again defied the will of the people.

mpjgregoire ,
@mpjgregoire@cosocial.ca avatar

@rbreich You Americans should amend your constitution to limit or eliminate the right to bear arms.

rbreich , to Random
@rbreich@masto.ai avatar

59 years ago today, Griswold v. Connecticut guaranteed the right to birth control.

Justice Thomas says the Supreme Court should "reconsider" that ruling.

And this week, 38 GOP senators voted against the Right to Contraception Act.

Republicans are coming for birth control.

mpjgregoire ,
@mpjgregoire@cosocial.ca avatar

@rbreich Similar to the Dobbs decision, overturning Griswold v. Connecticut wouldn't make contraception illegal, rather it would allow assemblies to ban or restrict contraception. Unlike abortion however, the political support for banning contraception in the US is negligible, even if congressional Republicans don't think contraception should be a federal right.

rbreich , to Random
@rbreich@masto.ai avatar

Stock buybacks don't just line the pockets of CEOs and shareholders — they're dangerous.

Boeing failed to implement a $7B redesign of its 737 Max while spending that much per year on buybacks.

A dollar spent on buybacks is a dollar less spent to upgrade equipment and safety.

mpjgregoire ,
@mpjgregoire@cosocial.ca avatar

@rbreich Should dividends be illegal too?

mpjgregoire , to Random
@mpjgregoire@cosocial.ca avatar

It's always interesting when someone whose politics you think you know supports something unexpected: the NRA member who opposes capital punishment, the socialist who favours free trade, the pro-life feminist. How often are beliefs only found in a set because of a historical coalition, not any deeper principle? Do you hold any beliefs at variance with your political in-group?

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