Elizabeth Warren wants to rob shareholders, reward plebs.

[VivaRevolution]

The middle class has split upwards and downwards. The US still creates the most new millionaires every year. I agree that a middle class should be by FAR the highest percentage of the population, but I'm not on board with complaining that some people are just doing too well and should be taken down a peg.

What exactly is your objection to workers having a larger share in publicly traded corporations?

Do you really think stock holders have a right to 100% of the pie, and workers deserve whatever the least an employer can pay is?

 

[bad seed]

What exactly is your objection to workers having a larger share in publicly traded corporations?

Do you really think stock holders have a right to 100% of the pie, and workers deserve whatever the least an employer can pay is?

yes, he absolutely does. Shertards ALWAYS side with management over labor and don't recognize the immorality of their position.

 

[Cuzcatlan]

Workers should just buy stocks. Problem solve.

 

[JonesBones]

OP is misleading. Corporations exist to do more than "pay shareholders".

@JonesBones If a corp exists only to pay shareholdders, what do you believe should happen to companies that do not pay dividends?

I believe that companies who pay dividends give less of a return than growth stocks. FB and Amazon pay zero dividend and rewarded their shareholders a ton.

 

[nostradumbass]

What exactly is your objection to workers having a larger share in publicly traded corporations?

Do you really think stock holders have a right to 100% of the pie, and workers deserve whatever the least an employer can pay is?

My objection is less pie. People simply won't invest if they could be doing just as well as an employee who took none of the risk.

 

[zebby23]

Would be SO much better than Trump

 

[JonesBones]

Workers should just buy stocks. Problem solve.

They can't. They are feeble. They need somebody to hold their hand and do it all for them. Self empowerment is bad.

It is such a simple solution too. Invest in stocks. But people can't even do that on on their own. It has to be forcefed.

 

[SammyPops]

I believe that companies who pay dividends give less of a return than growth stocks. FB and Amazon pay zero dividend and rewarded their shareholders a ton.

In your OP- you explicitly state corp exist to "pay shareholders". So now you are fine with corps NOT paying shareholders?

 

[VivaRevolution]

One is needed to live and has saved countless lives. The other is used to play games on and post pictures.

Smart phone makers have higher profit margins than drug companies btw.

Profit margin....lol.

And what is the advertising budget of phamaceudical companies, and Executive pay, and lobbying and campaign finance expenditures equal out to? Still less then smart phones profit margins?

Penicillin is a luxery until you need it.

A smart phone is a luxery until you need it.

You can't get a job these days without a telephone number and email address. That doesn't sound like much of a luxery to me.

 

[bad seed]

Do you really think eating McDonalds and owning a phone is a luxury?

I remember when someone posted a news article about New Orleans welfare recepients and a bunch of posters seized on the fact that they had refridgerators and flat screen tv's. It was truly stunning seeing the gears in their brain try to villanize them over such "indulgences".

 

[JonesBones]

Profit margin....lol.

And what is the advertising budget of phamaceudical companies, and Executive pay, and lobbying and campaign finance expenditures equal out to? Still less then smart phones profit margins?

Penicillin is a luxery until you need it.

A smart phone is a luxery until you need it.

You can't get a job these day without a telephone number and email address. That doesn't sound like much of a luxery to me.

You compared antibiotics to an iPhone. You are a clown.

You have no clue what you are talking about. You think Apple doesnt make better profits than Merck? lol.

 

[JonesBones]

In your OP- you explicitly state corp exist to "pay shareholders". So now you are fine with corps NOT paying shareholders?

They TRY to pay shareholders. Not every company you invest in is gonna pay of. Shareholders come first though.

 

[cincymma79]

If you have a retirement plan you are a shareholder in some form or fashion


You goddamn devil

 

[VivaRevolution]

My objection is less pie. People simply won't invest if they could be doing just as well as an employee who took none of the risk.

And if you had one bit of evidence that we have a capital shortage, and not a demand shortage in our economy, I would agree with you. This isn't a matter of ideology. If their was evidence of a capital shortage I would agree that it is a bad move.

 

[nostradumbass]

Profit margin....lol.

And what is the advertising budget of phamaceudical companies, and Executive pay, and lobbying and campaign finance expenditures equal out to? Still less then smart phones profit margins?

Penicillin is a luxery until you need it.

A smart phone is a luxery until you need it.

You can't get a job these days without a telephone number and email address. That doesn't sound like much of a luxery to me.

Find anybody's phone and see how much of their browsing history is for business. It's youtube, podcasts, probably porn and netflix, twitter.

 

[SammyPops]

They TRY to pay shareholders. Not every company you invest in is gonna pay of. Shareholders come first though.

Lots of corps have sufficient cash to pay dividends but do not. What do you do with them?

 

[JonesBones]

Lots of corps have sufficient cash to pay dividends but do not. What do you do with them?

I invest with them if they are good. People buy stocks for a return. Your pedantry is boring and desperate.

 

[JonesBones]

I guess we need some hands held or else guys like @VivaRevolution would go in the market and invest in pharma stocks over tech stocks. Because he thinks pharma makes more money. Go invest in Merck and Pfizer over Apple and Google you clown.

 

[MeatheadMike]

I remember when someone posted a news article about New Orleans welfare recepients and a bunch of posters seized on the fact that they had refridgerators and flat screen tv's. It was truly stunning seeing the gears in their brain try to villanize them over such "indulgences".

I suppose the perception of luxury or indulgence may be lax for certain people if they've never actually experienced some taste of it. As a result, they are reduced to equating simple modern conveniences as being luxurious.

Having someone make you a burger in 3 minutes with fries and a 30 gallon drum of soda? Yeah, that's pretty effing decadent.

Have you ever eaten at a non-fast food, non-diner restaurant before?

 

[VivaRevolution]

If you have a retirement plan you are a shareholder in some form or fashion


You goddamn devil

I can tell you for a fact that having workers with seats on the board would generate profit at my workplace.

I can not explain to you the idiocy I see on a daily basis. Management in corporate America are analytics experts. That has plenty of upside. It also has some incredible blind spots.

Japan values their workers, and listen to them. That does not make them hippy communists.

Germans value their workers, and listen to them. That does not make them national socialists.

Corporate America does not value, or listen to their employees. It is absolutely dominated by analytic experts, aka bean counters.