She also made $29,000,000 in 2022 for herself, cause she worked so hard and made so many cars herself. Ha

  • Veedem@lemmy.world
    link
    fedilink
    English
    arrow-up
    73
    arrow-down
    1
    ·
    1 year ago

    Stock buybacks need to be made illegal again. I don’t understand how it’s anything other than market manipulation.

    • Astroturfed@lemmy.world
      link
      fedilink
      arrow-up
      10
      arrow-down
      1
      ·
      1 year ago

      It’s very obviously is. Stock buybacks aren’t allowed almost anywhere else in the world for a reason. It just leads to terrible behavior. This coupled with insanely low effective corporate tax rates means companies horde capital and do buybacks instead of doing other activities that are more economically beneficial to the country. Like increasing worker pay…

    • Katana314@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      arrow-down
      8
      ·
      1 year ago

      But…but it’s politics! Surely politics must always be 50/50 divisive, and not be based around universal assmunchers that any sane person should agree is an asshole?

  • PorkRollWobbly@lemmy.ml
    link
    fedilink
    arrow-up
    19
    arrow-down
    1
    ·
    1 year ago

    They could’ve paid for all of the UAW’s asks and then some with just that but it’s less about the money and more about trying to look strong. The reality is they are nothing without their workers, no company is.

    • Grayox@lemmy.mlOP
      link
      fedilink
      arrow-up
      17
      arrow-down
      2
      ·
      1 year ago

      Just like how the losses the entertainment industry has suffered due to the writers and actors strike could have paid for their demands 10 times over. This is 100% about stripping the power from workers and keeping the power in the C suite.