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Poll > Trump 2020 > Trump Vs. Pack O' Dems
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Aug 7 2020 01:50pm
Quote (ofthevoid @ Aug 7 2020 02:47pm)
Nobody models for revenue to drop by 80% lol. I mean I get why people are frustrated with buybacks, etc. but it’s a necessary mechanism for investment to happen.

Like any good manager is not going to have cash laying around in accounts. They have responsibilities dictated by things like internal rate of return forcing them to put money to work.


these companies were in risk of bankrupcy after like 1 week. 1 week man. cruises, airlines, etc. 1 week.

theres a LOAD of difference between 1 week and having cash to survive covid unharmed. they dont keep anything, executives take it all and buy yachts and islands. then they threaten to layoff thousands overnight to hold the taxpayer hostage. they should be quite literally whipped in public with a cat o 9 tails.
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Aug 7 2020 01:51pm
Quote (inkanddagger @ Aug 7 2020 03:46pm)
It's really crazy to me that Republicans seem to look at the stock market as an indicator of the economy, when it reality it's only an indicator of how well the wealthiest people and megacorporations are doing. Every time Trump boasts about the stock market and you orgasm in your shorts, another small business shutters forever because of Republican economic priorities.



Not only republicans do this and this is kind of a tangent.

I follow the market daily and I’ve never made anywhere near what you make. The myth that the stock market only benefits the ultra rich so only they care about it needs to die.
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Aug 7 2020 01:52pm
Quote (thesnipa @ 7 Aug 2020 21:43)
let them all burn to the ground. the model of a massive percent of profits going towards board members, going into dividend payouts, and massive stock buybacks should end.

when normal people lose a job and are homeless 2 months later the rich snarkily tell them they shouldnt have an iphone, they should have saved for a rainy day. but 2 weeks into a pandemic and those fortune 500 companies were in risk of bankrupcy. these companies could have saved pennies and had millions to fall back on, but they pumped earnings reports to kick stock prices up a tiny percent to impress the board of directors and shareholders. fuck them, every company that got a payout should have to fire their CEO and board within 12 months.


Any corporation that is being bailed out by billions of government money should have the screws applied real hard. Board member compensation being cut by 70%, no dividend payouts for X years, stock buybacks forbidden for Y years, etc.
I do not, however, believe that letting them all burn to the ground would leave society better off. It would just mean a permanent loss of good jobs which pop up again in China or Mexico.

This post was edited by Black XistenZ on Aug 7 2020 01:53pm
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Aug 7 2020 01:55pm
Quote (Black XistenZ @ Aug 7 2020 12:52pm)
Any corporation that is being bailed out by billions of government money should have the screws applied real hard. Board member compensation being cut by 70%, no dividend payouts for X years, stock buybacks forbidden for Y years, etc.
I do not, however, believe that letting them all burn to the ground would leave society better off. It would just mean a permanent loss of good jobs which pop up again in China or Mexico.


:thumbsup:
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Aug 7 2020 01:55pm
Quote (ofthevoid @ Aug 7 2020 03:51pm)
Not only republicans do this and this is kind of a tangent.

I follow the market daily and I’ve never made anywhere near what you make. The myth that the stock market only benefits the ultra rich so only they care about it needs to die.


Still not a measure of the economy and is largely the rich person's feeling index.
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Aug 7 2020 02:00pm
Quote (ofthevoid @ Aug 7 2020 02:51pm)
Not only republicans do this and this is kind of a tangent.

I follow the market daily and I’ve never made anywhere near what you make. The myth that the stock market only benefits the ultra rich so only they care about it needs to die.


You can make money, but the real money is made by the richest people. By the time news trickles down to the commonfolk the insiders have already staked their positions
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Aug 7 2020 02:02pm
Quote (Goomshill @ Aug 7 2020 12:31pm)
Voting in person here has a 0.00% rejection rate, I'd like to strive for that. You can't cast a ballot that won't get counted since the machines spit it right back out and call you a dumbass and tell you to redo it.
LA had a massive vote-by-mail, even bigger than NYC, and had a 1.4% rejection rate. I'd still say that might be too high, we had swing states with razor thin margins in 2016.

The problem with 1) is that the earlier you let people cast their ballots, the more you render the debates and campaigning meaningless, asking people to vote before they've been informed about the candidates. And the issue with 2) is that you're compromising the chain of custody of ballots and adding in more potential for fraud.

But whatever NYC did, it was so catastrophically bad that if even a single state- let alone a swing state- wound up with an election that broken, nobody would accept the results.
And there's really no worse outcome than an election becoming delegitimized.


If you can't vote in person, you're rejected 100% of the time. Then there's the people who CAN vote put won't due to inconvenience. Waiting in line fucking sucks and can take hours which costs the economy billions in lost economic activity. IMO, people should have a wide array of options that can fit their needs.

1. Debates and campaigning ARE meaningless for a majority of voters. 80%+ of voters already know who they will vote for no matter what. There is NOTHING that could convince them otherwise so why shouldn't they submit early? The last debate is roughly a week before the election so I that's still plenty of time to fill out your ballot and submit it well before election day. Even then, all that does is ensure that your ballot is counted on election night. The electoral college doesn't vote until December so there is plenty of time to get it right. Who says that we absolutely have to know who is president ON election day?

2. How is dropping your ballot off at a location any different than standing in line to cast your vote at the location? That doesn't make much sense. I've missed the postal deadline several times because I was lazy and I just handed my filled out ballot to the polling folks near my work.
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Aug 7 2020 02:09pm
Quote (Black XistenZ @ Aug 7 2020 02:52pm)
Any corporation that is being bailed out by billions of government money should have the screws applied real hard. Board member compensation being cut by 70%, no dividend payouts for X years, stock buybacks forbidden for Y years, etc.
I do not, however, believe that letting them all burn to the ground would leave society better off. It would just mean a permanent loss of good jobs which pop up again in China or Mexico.


yes my statement should read: "if u want billions you're going to have to REALLY work for it. if you dont want billions good luck. and if u ask for billions with your dying breath we'll laugh as you stop breathing".
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Aug 7 2020 03:07pm
https://apnews.com/a1d35eb82429c05d44534f98aeec5e9f

So more legal wrangling before the elections, this time in Montana

The GOP paid for a $100,000 operation to gather signatures to get the Green Party on the presidential ballot, and got enough signatures by the March 6th deadline and the Green Party was put on the ballot. But when it publicly emerged the GOP had paid for the drive- unclear if they abided by all the campaign laws and disclosure requirements- hundreds of voters petitioned to have their signatures removed, after the Green Party was already put on the ballot. A liberal district judge James Reynolds has now ruled that the petitions to remove signatures should retroactively remove the Green Party from the ballot, even if they were not filed or notarized before the certification date, and leaving open a precedent by which a party could be struck from a ballot retroactively completely open-ended. He said the certification date isn't binding, so eh, what is? Could they strike a party a day before the election? Could they gather signatures and remove a party from the ballot after the election and overturn the results? At any rate, this judge won't be deciding such questions because just after making this ruling he announced his abrupt retirement.
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Aug 7 2020 05:38pm
unscheduled Trump press conference live at Bedminster

appears to be absolutely_nothing.jpg
just started and immediately went into several minutes of talking about the economy

He may segue into an announcement about executive action on evictions
/e there he goes, 'if they don't act, I will defer the payroll tax using executive action, and may extend it until end of the year, retroactive until july 1st'
unemployment benefits to the end of the year (full $600? unclear)

This post was edited by Goomshill on Aug 7 2020 05:39pm
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