Bat shit crazy Elizabeth is at it again, now she wants to take over companies.

[Wyatt earp]

What a dumb bitch ... They are losing on RTW, they lost with citizens united so now they are trying to find another way in.



Elizabeth Warren's New Bill Aims to Reinvent U.S. Capitalism


U.S. Senator Elizabeth Warren has a plan to rewrite the rules for large U.S. businesses--and it's a provocative one.

The Democratic Senator from Massachusetts is introducing a new bill on Wednesday that would require corporate executives "to consider the interests of all major stakeholders in company decisions--not only shareholders," Warren wrote an op-ed for The Wall Street Journal. The Accountable Capitalism Act would require companies with more than $1 billion in annual revenue--including Facebook, Google, and Amazon--to comply with a federal charter that looks out for workers' interests. Currently, U.S. businesses secure corporation charters from states, not on the federal level.

One of the biggest changes that the bill proposes is for employees to elect at least 40 percent of board directors. The bill also seeks to impose limits on when executives can sell company shares. Directors and officers would have to hold shares for five years before
selling them, or in the case of a company stock buyback, three years. Warren's bill also takes aim at political contributions by requiring approval for all political expenditures from at least 75 percent of shareholders.




.

 

[EvilCat Breath]

This sounds like something the new democrat socialists would do.

 

[buckeye45_73]

This sounds like something the new democrat socialists would do.

it actually sounds like fascism.....aka keep the "capitalist" face, but have the government run it from behind the scene

 

[peacefan]

The government wouldn't run it, all I see is a badly needed increase in employee power. The middle class is sinking into poverty too much.

 

[Timmy]

Ummm . How is any of that “taking over companies”?

 

[SassyIrishLass]

Ah more of that "democratic socialism"......no thanks

 

[The Original Tree]

The Democrat Party has fully embraced Marxism and is fully opposed to capitalism.

 

[Slade3200]

What a dumb bitch ... They are losing on RTW, they lost with citizens united so now they are trying to find another way in.



Elizabeth Warren's New Bill Aims to Reinvent U.S. Capitalism


U.S. Senator Elizabeth Warren has a plan to rewrite the rules for large U.S. businesses--and it's a provocative one.

The Democratic Senator from Massachusetts is introducing a new bill on Wednesday that would require corporate executives "to consider the interests of all major stakeholders in company decisions--not only shareholders," Warren wrote an op-ed for The Wall Street Journal. The Accountable Capitalism Act would require companies with more than $1 billion in annual revenue--including Facebook, Google, and Amazon--to comply with a federal charter that looks out for workers' interests. Currently, U.S. businesses secure corporation charters from states, not on the federal level.

One of the biggest changes that the bill proposes is for employees to elect at least 40 percent of board directors. The bill also seeks to impose limits on when executives can sell company shares. Directors and officers would have to hold shares for five years before
selling them, or in the case of a company stock buyback, three years. Warren's bill also takes aim at political contributions by requiring approval for all political expenditures from at least 75 percent of shareholders.




.

Did you read the bill? How in the world do you figure that she is trying to take over companies?!

 

[martybegan]

What a dumb bitch ... They are losing on RTW, they lost with citizens united so now they are trying to find another way in.



Elizabeth Warren's New Bill Aims to Reinvent U.S. Capitalism


U.S. Senator Elizabeth Warren has a plan to rewrite the rules for large U.S. businesses--and it's a provocative one.

The Democratic Senator from Massachusetts is introducing a new bill on Wednesday that would require corporate executives "to consider the interests of all major stakeholders in company decisions--not only shareholders," Warren wrote an op-ed for The Wall Street Journal. The Accountable Capitalism Act would require companies with more than $1 billion in annual revenue--including Facebook, Google, and Amazon--to comply with a federal charter that looks out for workers' interests. Currently, U.S. businesses secure corporation charters from states, not on the federal level.

One of the biggest changes that the bill proposes is for employees to elect at least 40 percent of board directors. The bill also seeks to impose limits on when executives can sell company shares. Directors and officers would have to hold shares for five years before
selling them, or in the case of a company stock buyback, three years. Warren's bill also takes aim at political contributions by requiring approval for all political expenditures from at least 75 percent of shareholders.




.

The government wouldn't run it, all I see is a badly needed increase in employee power. The middle class is sinking into poverty too much.

It would force companies to take into account "stakeholders" which is basically everyone. The government as a regulator is a stakeholder, and if some stakeholder decided it was being ignored they could sue.

It would basically make companies unmanageable.

Employees are free to form employee run companies if they want to, forcing everyone to do so is stupid.

 

[martybegan]

Ummm . How is any of that “taking over companies”?

It's an end run. by making them take into account stakeholders, you basically say they have to listen to anyone or face lawsuits.

 

[Dragonlady]

I quite like some of these provisions. Especially the ones requiring corporations to consider the interests of employees.

 

[The Original Tree]

What a dumb bitch ... They are losing on RTW, they lost with citizens united so now they are trying to find another way in.



Elizabeth Warren's New Bill Aims to Reinvent U.S. Capitalism


U.S. Senator Elizabeth Warren has a plan to rewrite the rules for large U.S. businesses--and it's a provocative one.

The Democratic Senator from Massachusetts is introducing a new bill on Wednesday that would require corporate executives "to consider the interests of all major stakeholders in company decisions--not only shareholders," Warren wrote an op-ed for The Wall Street Journal. The Accountable Capitalism Act would require companies with more than $1 billion in annual revenue--including Facebook, Google, and Amazon--to comply with a federal charter that looks out for workers' interests. Currently, U.S. businesses secure corporation charters from states, not on the federal level.

One of the biggest changes that the bill proposes is for employees to elect at least 40 percent of board directors. The bill also seeks to impose limits on when executives can sell company shares. Directors and officers would have to hold shares for five years before
selling them, or in the case of a company stock buyback, three years. Warren's bill also takes aim at political contributions by requiring approval for all political expenditures from at least 75 percent of shareholders.




.

Did you read the bill? How in the world do you figure that she is trying to take over companies?!

Because she is a Marxist and her entire party is committed to Marxism.

 

[Slade3200]

What a dumb bitch ... They are losing on RTW, they lost with citizens united so now they are trying to find another way in.



Elizabeth Warren's New Bill Aims to Reinvent U.S. Capitalism


U.S. Senator Elizabeth Warren has a plan to rewrite the rules for large U.S. businesses--and it's a provocative one.

The Democratic Senator from Massachusetts is introducing a new bill on Wednesday that would require corporate executives "to consider the interests of all major stakeholders in company decisions--not only shareholders," Warren wrote an op-ed for The Wall Street Journal. The Accountable Capitalism Act would require companies with more than $1 billion in annual revenue--including Facebook, Google, and Amazon--to comply with a federal charter that looks out for workers' interests. Currently, U.S. businesses secure corporation charters from states, not on the federal level.

One of the biggest changes that the bill proposes is for employees to elect at least 40 percent of board directors. The bill also seeks to impose limits on when executives can sell company shares. Directors and officers would have to hold shares for five years before
selling them, or in the case of a company stock buyback, three years. Warren's bill also takes aim at political contributions by requiring approval for all political expenditures from at least 75 percent of shareholders.




.

The government wouldn't run it, all I see is a badly needed increase in employee power. The middle class is sinking into poverty too much.

It would force companies to take into account "stakeholders" which is basically everyone. The government as a regulator is a stakeholder, and if some stakeholder decided it was being ignored they could sue.

It would basically make companies unmanageable.

Employees are free to form employee run companies if they want to, forcing everyone to do so is stupid.

You realize this bill only applies the companies that make over $1 billion in annual revenue right?

 

[iceberg]

What a dumb bitch ... They are losing on RTW, they lost with citizens united so now they are trying to find another way in.



Elizabeth Warren's New Bill Aims to Reinvent U.S. Capitalism


U.S. Senator Elizabeth Warren has a plan to rewrite the rules for large U.S. businesses--and it's a provocative one.

The Democratic Senator from Massachusetts is introducing a new bill on Wednesday that would require corporate executives "to consider the interests of all major stakeholders in company decisions--not only shareholders," Warren wrote an op-ed for The Wall Street Journal. The Accountable Capitalism Act would require companies with more than $1 billion in annual revenue--including Facebook, Google, and Amazon--to comply with a federal charter that looks out for workers' interests. Currently, U.S. businesses secure corporation charters from states, not on the federal level.

One of the biggest changes that the bill proposes is for employees to elect at least 40 percent of board directors. The bill also seeks to impose limits on when executives can sell company shares. Directors and officers would have to hold shares for five years before
selling them, or in the case of a company stock buyback, three years. Warren's bill also takes aim at political contributions by requiring approval for all political expenditures from at least 75 percent of shareholders.

when the gov can run their own business without dividing a country, they can talk. until then, the gov has zero businessing telling corps how they must run.

 

[EvilCat Breath]

Employees are last on the list to be considered. If at all.

 

[Slade3200]

What a dumb bitch ... They are losing on RTW, they lost with citizens united so now they are trying to find another way in.



Elizabeth Warren's New Bill Aims to Reinvent U.S. Capitalism


U.S. Senator Elizabeth Warren has a plan to rewrite the rules for large U.S. businesses--and it's a provocative one.

The Democratic Senator from Massachusetts is introducing a new bill on Wednesday that would require corporate executives "to consider the interests of all major stakeholders in company decisions--not only shareholders," Warren wrote an op-ed for The Wall Street Journal. The Accountable Capitalism Act would require companies with more than $1 billion in annual revenue--including Facebook, Google, and Amazon--to comply with a federal charter that looks out for workers' interests. Currently, U.S. businesses secure corporation charters from states, not on the federal level.

One of the biggest changes that the bill proposes is for employees to elect at least 40 percent of board directors. The bill also seeks to impose limits on when executives can sell company shares. Directors and officers would have to hold shares for five years before
selling them, or in the case of a company stock buyback, three years. Warren's bill also takes aim at political contributions by requiring approval for all political expenditures from at least 75 percent of shareholders.




.

Did you read the bill? How in the world do you figure that she is trying to take over companies?!

Because she is a Marxist and her entire party is committed to Marxism.

That’s an emotional presumption. How about you point to the elements of the actual bill to make your case instead of subscribing intent through your bias and distain for her?

 

[Dragonlady]

What a dumb bitch ... They are losing on RTW, they lost with citizens united so now they are trying to find another way in.



Elizabeth Warren's New Bill Aims to Reinvent U.S. Capitalism


U.S. Senator Elizabeth Warren has a plan to rewrite the rules for large U.S. businesses--and it's a provocative one.

The Democratic Senator from Massachusetts is introducing a new bill on Wednesday that would require corporate executives "to consider the interests of all major stakeholders in company decisions--not only shareholders," Warren wrote an op-ed for The Wall Street Journal. The Accountable Capitalism Act would require companies with more than $1 billion in annual revenue--including Facebook, Google, and Amazon--to comply with a federal charter that looks out for workers' interests. Currently, U.S. businesses secure corporation charters from states, not on the federal level.

One of the biggest changes that the bill proposes is for employees to elect at least 40 percent of board directors. The bill also seeks to impose limits on when executives can sell company shares. Directors and officers would have to hold shares for five years before
selling them, or in the case of a company stock buyback, three years. Warren's bill also takes aim at political contributions by requiring approval for all political expenditures from at least 75 percent of shareholders.

when the gov can run their own business without dividing a country, they can talk. until then, the gov has zero businessing telling corps how they must run.

The corporations wouldn’t even exist if not for the government which authorized the incorporation and established the laws under which they function in the first place. Corporations are the creation of government and as such the government has every right to set the rules and laws which govern them.

Corporations are the biggest users of government infrastructure and services in the country.

In order for corporations to be successful, they require an educated work force, a stable and secure government, and protection for intellectual property and inventions. All of which are provided by government.

 

[peacefan]

The government wouldn't run it, all I see is a badly needed increase in employee power. The middle class is sinking into poverty too much.

It would force companies to take into account "stakeholders" which is basically everyone. The government as a regulator is a stakeholder, and if some stakeholder decided it was being ignored they could sue.

It would basically make companies unmanageable.

Employees are free to form employee run companies if they want to, forcing everyone to do so is stupid.

so is eroding your middle class into poverty and letting your infrastructure slip past it's expiration dates.

 

[martybegan]

I quite like some of these provisions. Especially the ones requiring corporations to consider the interests of employees.

Companies are free to do so already, forcing them is idiotic.

How about a two way street where the employees suffer the consequences of loss of share price? Say link their wages to the share value?

 

[martybegan]

The government wouldn't run it, all I see is a badly needed increase in employee power. The middle class is sinking into poverty too much.

It would force companies to take into account "stakeholders" which is basically everyone. The government as a regulator is a stakeholder, and if some stakeholder decided it was being ignored they could sue.

It would basically make companies unmanageable.

Employees are free to form employee run companies if they want to, forcing everyone to do so is stupid.

so is eroding your middle class into poverty and letting your infrastructure slip past it's expiration dates.

Making corporations beholden to anyone with a grudge won't help the middle class.

and blame progressives for infrastructure failures due to all the red tape you have to go through to get projects started.