Stop Walmart Act

[Admiral Rockwell Tory]

He did. The government does not have this authority.

The government doesn't have have the authority to regulate? Since when?

It isn't regulation. It is tyranny and beyond the authority of the Federal Government.

The Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act is far from tyranny.

It is very much tyranny. Not only will it NOT stop payments to targeted demographics, but it will also increase payments to more people as jobs are lost. In addition, no company can be held liable for the misspent public trust by elected officials.

The entire argument that because Wal*mart does not pay a wage that keeps people off of public services, makes Wal*mart responsible to the public for those payments is ludicrous.

Would the payments stop if Wal*mart ceased to exist?

They would not, which means they are independent of what any business does.

Your argument is that a company that misspends corporate subsidies shouldn't be held accountable?

What corporate subsidies? Why do you keep using terms you obviously do not understand?

 

[Admiral Rockwell Tory]

Why is NY giving Bezos billions?

Amazon raised their minimum to $15.00 per hour.

That was a choice and not an order.............big difference.

Either do it or we'll go after you isn't a choice.

Who is going after them?

Can you please post a complete thought? Nevermind! I don't think you ever had one.

 

[Admiral Rockwell Tory]

Walmart doesn't need investors.

That's the dumbest thing I've read here in a long, long time. And that's saying something.

You have zero idea how business works.

Hence, you are not a 1%er.

Oh, he's a 1% all right. That was his IQ score!

 

[MisterBeale]

FANTASTIC!

Bernie Sanders targets Walmart: Bill would block stock buybacks unless workers get $15 minimum wage

I used to be worried about Walmart.

Now, they are a tenth of one percent the threat that Amazon poses to the American culture and economy.

Sanders should be far more concerned about the predatory and monopolistic practices of Amazon, they make Walmart look like rank Amateurs.

When you cite that Amazon pays it's employees $15 an hour, big deal. They are doing that for optics, the bad that they are doing to this nation far outweighs the bullshit smoke screen they do just by that little PR stunt of paying a "living wage." Hell, they are bound at the hip with the CIA, didn't you notice they located their new HQ right next to the HQ for the CIA?

EVERYONE, on the left and the right is telling you that AMAZON is the problem, not Walmart you nincompoop.





Amazon launches a cloud service for US intelligence agencies

Why Amazon's Collaboration With the CIA Is So Ominous -- and Vulnerable | HuffPost

 

[danielpalos]

Why is NY giving Bezos billions?

A fifteen dollar an hour minimum wage and unemployment compensation for simply being unemployed in our at-will employment States. Capital ventures should not have to impoverish Labor.

 

[danielpalos]

That legislation would be unconstitutional on its face.

Make your point.

He did. The government does not have this authority.

The government doesn't have have the authority to regulate? Since when?

It isn't regulation. It is tyranny and beyond the authority of the Federal Government.

The Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act is far from tyranny.

simply jail employers who leave for Cheap labor.

 

[danielpalos]

FANTASTIC!

Bernie Sanders targets Walmart: Bill would block stock buybacks unless workers get $15 minimum wage

Apple Says It Will Buy Back $100 Billion in Stock
So why was there no outrage?

They pay more than $15.00 per hour.

When a 1200 sq ft 70 year old house sells at $1.5M, Apple workers are behind Walmart workers.

Higher paid labor can afford to pay more in rent and pay more in taxes.

 

[Weatherman2020]

FANTASTIC!

Bernie Sanders targets Walmart: Bill would block stock buybacks unless workers get $15 minimum wage

Apple Says It Will Buy Back $100 Billion in Stock
So why was there no outrage?

They pay more than $15.00 per hour.

When a 1200 sq ft 70 year old house sells at $1.5M, Apple workers are behind Walmart workers.

Higher paid labor can afford to pay more in rent and pay more in taxes.

What’s the advantage of earning $100k when your house payment is $10K a month?

I’ll wait here while you think of an answer.

 

[Winston]

Yeah buddies, it worked really efficiently for Sears.

Irrelevant.

Sears is in secular decline.

And has bad management.

That has nothing to do with buybacks.

Bad management that spent four billion dollars on stock buybacks that could have been spent on upgrading their stores, or better yet, staffing them adequately.

 

[Winston]

Horseshit. The reason companies buy back stock is to artificially inflate the stock price in order to inflate executive compensation. Those executives either have bonuses based on the stock price, or they have options. By using company money to retire stock they write themselves a raise without doing a damn thing. Anyone with half a damn brain can figure this out. Corporate stock buybacks should be banned, PERIOD.

lol

Thanks for that, Karl Marx.

Corporate boards want to incentivize management to raise their stock price. That's because the owners of stock want the price to go up. So they incentivize management to increase the price of stock by giving them stock options.

Your ranting is retarded.

Why the hell would a corporate board need hire anyone to raise their stock price. Can't they make the decision to buy back stock?

 

[Winston]

They should be outlawed from buying back their shares and retiring them, which is what a stock buyback is. If you had even a minimal education in finance or business you would know that. But then again, you don't have to go to a university to learn such things, but you do have to pull your head out of your ass.

I have an MBA, a CFA, have been a portfolio manager, have worked with corporate governance and boards far more than you have.

And your anti-capitalist rantings are retarded.

So tell me, what does buying back company stock do for THE COMPANY? Not the shareholders, not the executives, but THE COMPANY. Does it make the company more competitive? Does it cut company expenses? Does it improve morale? Just what does spending billions of dollars to buy up stock and then destroy that stock do for THE COMPANY?

 

[Slyhunter]

In your opinion it's OK for a companies employees to be a tax burden as long as the company enjoys their net profit?

How about ending welfare handouts?...Problem solved.

What do you do about the folks that need that handout?

 

[danielpalos]

FANTASTIC!

Bernie Sanders targets Walmart: Bill would block stock buybacks unless workers get $15 minimum wage

Apple Says It Will Buy Back $100 Billion in Stock
So why was there no outrage?

They pay more than $15.00 per hour.

When a 1200 sq ft 70 year old house sells at $1.5M, Apple workers are behind Walmart workers.

Higher paid labor can afford to pay more in rent and pay more in taxes.

What’s the advantage of earning $100k when your house payment is $10K a month?

I’ll wait here while you think of an answer.

Capitalism is about finding opportunities.

 

[Oddball]

What do you do about the folks that need that handout?

Ever heard of charity?

 

[danielpalos]

In your opinion it's OK for a companies employees to be a tax burden as long as the company enjoys their net profit?

How about ending welfare handouts?...Problem solved.

What do you do about the folks that need that handout?

We ask, "our girl on the East Coast", to ensure faithful execution of a federal doctrine regarding the legal concept of employment at will, as compensation for Capitalism's natural rate of unemployment.

A fifteen dollar an hour minimum wage as a cost of living adjustment and unemployment compensation for simply being unemployed, will solve simple poverty, ensure liquidity in our markets, and promote the general welfare through a positive multiplier effect upon our economy.

 

[Slyhunter]

What do you do about the folks that need that handout?

Ever heard of charity?

And if it's not enough? And that isn't an If.

 

[OnePercenter]

Why are they buying all of their stock back?

They aren't buying all their stock back.

I don't believe you are a 1%er.

Your ignorance of business belies this fact.

How many shares are they buying?

Not “all of them.”

Walmart certainly has enough money to do just that.

 

[OnePercenter]

OMFG............Walmart wants to own itself again.............the shame................

terrible........just terrible.

Using taxpayer subsidy to do it.

 

[Toddsterpatriot]

Why are they buying all of their stock back?

They aren't buying all their stock back.

I don't believe you are a 1%er.

Your ignorance of business belies this fact.

How many shares are they buying?

Not “all of them.”

Walmart certainly has enough money to do just that.

Link?

 

[OnePercenter]

This is the thanks that Walmart gets for supporting Oboingo in raising the minimum wage.

More proof that no mater what you give the moonbats, it will never ever be enough.

It because the Walmart seven don't think that $180 billion is enough. They think they should spend more and more net profit to increase their worth rather than paying their employees enough to stay off of the taxpayer subsidies.

They pay their employees what they are worth.

They pay their employees the bare minimum they can get away with while netting billions.