Dinica Roman shared Senator Joe Donnelly's video.
Earlier
this year, Carrier (companie mare de instalatii de refrigerare)
announced that it was closing a big manufacturing plant in Indiana and
firing more than 2000 workers. The company planned on moving those jobs
to Mexico, where they could pay workers $3 an hour. Meanwhile, the
company announced that through the end of 2017, it intended to spend $16
billion on stock buybacks – transactions in which the company
repurchases its own shares from existing shareholders, driving up
the company’s stock price. Unlike investments in research and
development, or employees, stock buybacks do little for the long-term
health of the company. Instead, buybacks benefit senior executives whose
compensation is often based on a company’s stock price.
For decades, the SEC prohibited stock buybacks because they constituted illegal market manipulation. But as part of deregulation in the 1980s, the SEC changed its rules and unleashed the tidal wave of buybacks we are seeing today. My colleague, Joe Donnelly, represents Indiana and the 2100 workers Carrier laid off. Watch as he asks SEC Chair Mary Jo White – what does the SEC think about buybacks like Carrier’s?
For decades, the SEC prohibited stock buybacks because they constituted illegal market manipulation. But as part of deregulation in the 1980s, the SEC changed its rules and unleashed the tidal wave of buybacks we are seeing today. My colleague, Joe Donnelly, represents Indiana and the 2100 workers Carrier laid off. Watch as he asks SEC Chair Mary Jo White – what does the SEC think about buybacks like Carrier’s?
Comments
Prospectiv A-z:Ce ne-am mai bucurat cand a colapsat URSS! De fapt, observam acum, nu era un motiv asa mare/clar de bucurie. Nu exista nimic intrinsec autoregulator in democratia liberala; dupa scoaterea din cursa a competitorului ideologic URSS, democratia liberala degenereaza in feudalism consumerist cu accente fasciste.
Smaranda Dobrescu Daca
competitorul ideologic care mentinea democratia liberala vestica
intr-un oarecare echilibru a disparut, nu putem considera ca un alt
competitor ideologic de factura asemanatoare, si anume China, s-ar putea
constitui in motiv de prezervare a democratiei liberale clasice? Poate
ca mai sunt si alte elemente care determina trendurile
feudalist-consumeriste cu accente fasciste.
Draghi Puterity Smaranda Dobrescu
- Modelul chinez nu cred ca poate fi folosit ca si contrapondere la cel
"neo"-occidental, din cauza diferentelor culturale prea mari. In
Occident cred ca o mare parte din vina o poarta ceea ce e numit
"attention economics" care pana la urma
inlocuiesc diverse bucle de feedback cu reactie negativa cu altele cu
reactie pozitiva, destabilizand astfel sistemul. China, am eu impresia,
nu a cazut (inca) in plasa "attention economy-ului".
Prospectiv A-z:
" nu putem considera ca un alt competitor ideologic de factura asemanatoare, si anume China, s-ar putea constitui in motiv de prezervare a democratiei liberale clasice? " Nu! De fapt, bau-baul chinezesc este folosit tocmai pentru a impune neo-feudalismul (presiunea asiatica pe salarii etc.).
Bau-baul islamic e folosit pentru a legitima accentele fasciste.
" nu putem considera ca un alt competitor ideologic de factura asemanatoare, si anume China, s-ar putea constitui in motiv de prezervare a democratiei liberale clasice? " Nu! De fapt, bau-baul chinezesc este folosit tocmai pentru a impune neo-feudalismul (presiunea asiatica pe salarii etc.).
Bau-baul islamic e folosit pentru a legitima accentele fasciste.
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