Posts Tagged ‘buybacks’

Share Buybacks Reached Record High as [Illuminati] Companies Are Bailed Out and Workers Starve

Above Photo: Colin Ziemer / AP. Share buybacks hit a record high in 2021, enriching investors and executives at the expense of the working class. The coronavirus pandemic continued to wreak havoc in 2021, with the Omicron and Delta variants, supply chain disruptions, and inflation battering the global working class. In the United States, companies […]

Destructive Stock Buybacks—That You Pay For

Above Photo: ‘Conventional monetary policy has failed,’ writes Brown. An economy in service of the people, not industry and the banks, is what’s needed now. (Photographer: Andrew Harrer/Bloomberg) The monster of economic waste—over $7 trillion of dictated stock buybacks since 2003 by the self-enriching CEOs of large corporations—started with a little noticed change in 1982 […]

Five Years After Tahrir Square, Egypt’s Police State Worse Than Ever

Image: Egyptian flags fly over Cairo’s Tahrir Square during the 2011 uprising. (Photo: Ramy Raoof/cc/flickr) Five years after mass popular uprisings ousted longtime dictator Hosni Mubarek, Egyptians are again under siege. In an attempt to thwart demonstrations honoring the 2011 Arab Spring, the government of Abdel Fattah al-Sisi has deployed troops, raided homes and cultural centers, and […]

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