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re: Reagonomics / Citizen's United
Posted on 8/2/22 at 7:42 pm to Browncd81
Posted on 8/2/22 at 7:42 pm to Browncd81
quote:I get it. But you need to have a deeper look in how ESG/DEI happens at big corporations. It's not led by the CEOs and BODs. It's led (and forced) by Leftists pressure groups.
I feel like we've been betrayed by pushing a very pro business environment (which we should) but the ultra wealthy types and C-suite types have rewarded us with shoving ESG/DEI down our throats and supporting BLM. Toss out my specifics in the OP but that's my general gripe.
I have a friend on the BOD of a household-name corporation. He is bombarded daily by leftist pressure groups. Anything the corp does that they don't like -- he hears about it from them. He says he's never, not once, heard from any right-leaning group.
A leftist pressure group got a member on Exxon's BOD last year with a really sketchy proxy vote.
So, while it's easy to scapegoat "the rich"-- the real pressure is coming from activist pressure groups.
The right isn't even putting up a fight at this point.
1
Posted on 8/2/22 at 7:46 pm to oklahogjr
quote:
If you like budget deficits and increased spending it is great....
It's not like any administration since has reversed the trend. GWB managed to get it down to the deficit down to $160B but just 2 short years later Obama had it almost 10x that, and we've never looked back. This post was edited on 8/2/22 at 7:49 pm
Posted on 8/2/22 at 7:51 pm to Browncd81
None of this matters anymore....the USA is run by a group of Oligarchs and their money....
The economy is propped up by fake injections of cash and money from the lords.
End result: INLFATION!!!!!!!!!!!
The economy is propped up by fake injections of cash and money from the lords.
End result: INLFATION!!!!!!!!!!!
Posted on 8/2/22 at 8:06 pm to oklahogjr
quote:
If you like budget deficits and increased spending it is great....
Posted on 8/2/22 at 8:54 pm to Taxing Authority
quote:
I get it. But you need to have a deeper look in how ESG/DEI happens at big corporations. It's not led by the CEOs and BODs. It's led (and forced) by Leftists pressure groups. I have a friend on the BOD of a household-name corporation. He is bombarded daily by leftist pressure groups. Anything the corp does that they don't like -- he hears about it from them. He says he's never, not once, heard from any right-leaning group. A leftist pressure group got a member on Exxon's BOD last year with a really sketchy proxy vote. So, while it's easy to scapegoat "the rich"-- the real pressure is coming from activist pressure groups. The right isn't even putting up a fight at this point.
That’s a great argument there. Consider my understanding of what’s going on updated
Posted on 8/2/22 at 10:03 pm to extremetigerfanatic
quote:It certainly didn't help the fella that owned the hardware store at the edge of town. Didn't help the nice lady that owned the dress shop on the courthouse square. When they ran all these folks out of business, that "Made in the USA" rhetoric went right on down the shitter. These assholes tricked Swin bicycles into dumping all their other customers and selling all their product to Wally. Wolly then turned around and told Swin they were only going to pay them a drastically reduced price that would put Swin out of business if they didn't move their manufacturing plants to China. There's not much difference between your local Walmart and State Department Store #3291 in Red China or North Korea. Monopoly capitalism pretty much equals Communism in a whole lot of ways. In fact, Marx said it was the last step to Communism. MAGA
So does creating economic policy that helps Walmart make money only help the Waltons?
This post was edited on 8/2/22 at 10:22 pm
Posted on 8/3/22 at 12:59 pm to the808bass
100% agree with that, supply and demand took over the market when rates where sub 3% for 2 years. now with rates above 5% the bubble will pop.
Posted on 8/3/22 at 1:36 pm to Browncd81
quote:
We just differ on the intent of the Founding Fathers as to whether pooling vast sums of money for corporate interests is protected 1A speech or not. I take a general broad view of the whole bill of rights, but I have major reservations that large banks, etc can buy off the government by having their political donations seen as 1A free speech. They clearly have too narrow a set of interests in the outcome of an election compared to individuals. I think that broadening of the understanding of 1A free speech undermines the principle of one vote per individual which should be more salient in determining our ability to participate in gov't.
Here's the thing: everything you are describing happened before McCain-Feingold, and wasn't stopped by McCain-Feingold.
What was stopped by McCain-Feingold was people not affiliated with the government or part of the approved "press" from combining their money to call anyone out about it before an election.
McCain-Feingold was a direct attack on the First Amendment by establishing a literal restriction on the free press from non-approved sources.
It's embarrassing the SCOTUS vote wasn't 9-0.
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