That's hilarious... It's almost like you don't know what caused the RLA to exist in the first place.

lawmakers meddling in the free market instead of letting the market work

Would have zero qualms saying it to their face.

Originally Posted by Hubcapped
You are insane. Literally

Even if your fantasy of nazis fighting for a Jewish president were true. If you actually had the United States best interests at heart, you would know that a weakened Russia only helps us in the long run. You are so childishly focused on “owning” the other party, you are literally advocating for a direct enemy of the untied states to win a contest that was of their own doing. The level of crazy here is insurmountable, and you have lost track of reality. Good luck


Hubcapped , 09-30-2022 11:16
No “chief” I haven’t asked them but since you said “it’s a pretty big deal for them” I figured you might, you know, ….have some insight. Or you could have just been spinning words, like you do.

By the way, how does our MEC lack initiative or strength of character or is irresponsible? How exactly would you get delta to come to the table? You never answered , and I can’t imagine someone with your integrity and knowledge would purposely evade a question that merely asked them to elaborate on their own stated viewpoints. Or you could just, you know, be full of words

The US abandoned Capitalism a long time ago. Bailing out companies that make poor decisions and basically nationalizing them is anything but Capitalism.

The reason these companies buy their own stock is because they get almost-free money (interest rates set by govt. instead of free market), and they suffer no consequences when that debt blows up in their face.

Trust me, business would behave quite differently without all the socialist intervention of our government.

I call bull****. You’d only say it if you had a physical advantage, and there is no way to discern that online tough guy

Usually people with the loudest mouth online are weak in the flesh

exactly. If not for the socialist boot on their neck, these companies would share their earnings more equitably with workers and wouldn’t think so short term

Stock buybacks were once illegal, because they are fraud, however the Reagan administration made them legal in 1982 so here we are.

Honest question. Why is it fraud? I mean, per their corporation incorporation documents they are allowed to (but not required to) sell up to a certain number of shares of stock to raise capital for the business. What law or reason prevents them from buying those shares back - especially if they are relatively cheap and the company has the ability to buy them back?

I mean as an employee, yeah, I’d rather they just raised wages with the extra cash, but what makes it fraud?

It was considered fraud by executives, due to manipulation of prices in advance of exercising options at a lower price. Excess capital should be distributed to shareholders via the dividend.