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Angela G

@grayladywriter@mindly.social View on mindly.social

#Playwright, activist, Devoted Spouse, Pack Mom, First Kitty. I write #haiku and #senryu as my warm-up and my coping skill. I cook elaborate meals because my spouse is willing to wash all the pots and pans. I assume every person is intelligent and informed and thus, I block #mansplainers at the first encounter. #vegetarian #PNW

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Angela G @grayladywriter@mindly.social

@yayaver the actual problem is the rule change that Reagan did in 1982 to the Security and Exchange Commission rule 18 B. This is the rule that allows stock buybacks. Prior to 1982, stock buybacks were considered to be market manipulation and were against the law. This is what ushered us into shareholder only capitalism. Rolling back that one rule would mean that profits could not be used to raise shareholder stock value. Prior to 1982 the additional profit was distributed to the employees in the form of higher wages and new research. #ResistOfTheDay

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