#StockBuyBacks #InsiderTrading #CorporateTheft #GenerationalTheft
“Every dollar spent lining the pockets of CEOs and investors is a dollar less to upgrade equipment and protect workers and the public.
“Boeing failed to follow through with a promised $7 billion safety redesign of its 737 aircraft while it was spending roughly that much each year on stock buybacks.
“Norfolk Southern Railroad paid investors $18 billion in buybacks and dividends over the five years before its equipment malfunctioned in the disastrous derailment in East Palestine, Ohio, which released over 300,000 gallons of toxic and flammable chemicals into the air and soil…”
#USPol #SEC
Attached: 1 image Stock buybacks are lethal, literally https://robertreich.substack.com/p/stock-buybacks-are-lethal-literally?utm_source=dlvr.it&utm_medium=mastodon
The advocacy group, '#OntarioPlace 4 All' is claiming the first round of tree removal is slated for Oct 6.
CNN reporting on pool access. Give them partial praise. The withdrawal of public recreation access - a legacy of our racist past and a policy fully owned by silents and boomers - is one aspect of the generational theft I post about so frequently. CNN of course does not acknowledge the #generationaltheft. #summervibes
https://www.cnn.com/2023/07/22/business/public-pools-extreme-heat/index.html
Wait until we see the contracts he's signing to sell off our public schools and public hospitals..