Why is it so many corporations these days are in this position but their stock prices are at all time highs?....
7
Enjoy being online again!
Welcome to the community of good people who base their values on evidence and appreciate civil discourse - the social network you will enjoy.Create your free account
1 comment
Feel free to reply to any comment by clicking the "Reply" button.If that is a serious question, here is a serious answer:
BD66
Level 8
June 30, 2021
0
The actual answer is in two parts...
(1) Wall street is just legalized gambling by idiots and
(2) Stock buy backs by corporations drive up the price of stocks...
@Lizard_of_Ahaz & as to (2) the tRump tax cuts allowed massive buy backs to occur.
@phxbillcee Stock buy backs are also considered a cost of doing business and therefore the money used is tax exempt...
@Lizard_of_Ahaz Isn't that convenient...
@phxbillcee Oh so very.... I guess it is more so than bothering to pay their employees enough to live on....
Recent Visitors 25
Rignor
Westchester County,
Paracosm
OR, USA
Lizard_of_Ahaz
CA, USA
Freefromgod
NM, USA
altschmerz
Over The Rainbow,
Photos 77,539 More
Posted by glennlabLeave the kids alone.
Posted by mistymoon77Get your mind out of the gutter.. just passing along some tidbits of knowledge here.. ;)
Posted by KilltheskyfairyI like it! Also good way to use churches that are closed for 6 days!
Posted by KilltheskyfairyWhat up with that?
Posted by glennlabLet's give peas a chance.
Posted by backtobasicsThe shortest distance between two points is a straight line... Unless you are traveling on a the surface of a sphere.
Posted by bookofmoronsGoing for Level 9. maybe this road will help
Posted by glennlabDeath is nature's way of telling you it is time to slow down.
Posted by glennlabOctober's PSA
Posted by glennlabWe haven't had any pot posts in awhile
Posted by bookofmoronsWhen a picture is worth a thousand words
Posted by noworry28Evangelicals and Conservative Christian Nationalists today.
Posted by glennlabMy heart goes out to those suffering in the wake of both the recent hurricanes, Will the idiots that don't want to help stop lying.
Posted by glennlabGood old Betty calling a spade a fucking shovel.
Posted by bookofmoronsspeaks for itself
Posted by bookofmoronsKarma . . . .