GangNailer
GangNailer t1_j2a1c3c wrote
Reply to comment by Objective-Throat-614 in [OC] Apple’s cash flow statement visualized by giteam
Lmfao... Just try and prove that dumbass statement Of yours.
GangNailer t1_j29red0 wrote
Reply to comment by allnamestaken1968 in [OC] Apple’s cash flow statement visualized by giteam
Explain to me how giving higher wages supports giving conglomerates more power?
I mean how come whenever the little guy gets money people are sooo pissed off. But when we call out the rich people misusing their wealth it's okay, because they "know" how to spend money "better"
I Mena the little guy already gets punched down at. Punch up for God's sake. Shareholders = the wealthy
GangNailer t1_j29g4rx wrote
Reply to comment by Objective-Throat-614 in [OC] Apple’s cash flow statement visualized by giteam
And the CEO and investors make 400times that amount.
Plus why not pay the frontline workers, customer support, etc. more if ur so butthurt about software engineers making money. Apple has more than just software engineers running it u know?
GangNailer t1_j29b6l6 wrote
Reply to comment by Objective-Throat-614 in [OC] Apple’s cash flow statement visualized by giteam
So workers don't deserve to make money equivalent to the value they produce?
Ur okay letting a rich investors take that money from you? Man stop protecting those in power and punch up for once.
Stop punching down at the workers who actually do the labor in this economy.
GangNailer t1_j297x1e wrote
Reply to comment by jeekiii in [OC] Apple’s cash flow statement visualized by giteam
It is if you don't have 50k bro... The stock market is for people who have money. Other folks like me have to spend what I get in paychecks on things that keep me and my family alive
GangNailer t1_j2965p4 wrote
Reply to comment by monkeycomet2 in [OC] Apple’s cash flow statement visualized by giteam
I do understand it and I am pointing it out as peak wealth redistribution. It takes all the hard earned labor and value the employees at the company made, and gives it to investors who spend 4times a year advising managment.
It's utterly dispicable and financializes companies into money printing machines. Thus giving management reasons to outsource and costcut and destroy the US economy further.
Ps, I really am getting tired of your strawmanning here, bringing up different points that have nothing to do with my comments. If u want to support buy backs In a public forum, be my guest. I am with the few with a business and financial education of who see the real reason they exist and how they are used. And your pro position is not going to change that truth, no matter how you try to explain the benefits of them.
GangNailer t1_j295oxu wrote
Reply to comment by TA_faq43 in [OC] Apple’s cash flow statement visualized by giteam
Because it's literally the investors running away with the money, leaving the employees who labored for it high and dry.
GangNailer t1_j295bgl wrote
Reply to comment by allnamestaken1968 in [OC] Apple’s cash flow statement visualized by giteam
Invest it into the company through living wages for employees, health benefits, r and d, you know... The things companies originally were supposed to do
GangNailer t1_j294lm2 wrote
Reply to comment by monkeycomet2 in [OC] Apple’s cash flow statement visualized by giteam
Lol "nothing stopping people".
That is the difference between our perspective. There are so many barriers for working class folks to invest in stocks, it makes no sense to trust these whales at the tops to trickle down their wealth to the rest.
What, like the average 401k has like 5dollars of applstock in it.. Lol come-on! Buying back stocks in appl will be a blip for the average investor.
Reagnomics doesn't work, and your idealogy fails to bring in the real dynamics of how the stock market works. Again, buybacks are just another tool that only make a real difference if you area full-time investor with wealth spewing out of your wallet.
GangNailer t1_j292f2z wrote
Reply to comment by monkeycomet2 in [OC] Apple’s cash flow statement visualized by giteam
Right, and your going to put all your trust in investors to keep the stock long-term because of their "genius" iq and "conservative strategies" .
Sorry but I am skeptical af and no longer have any respect nor trust for investors at that level.
I'm tired of giving control of companies and their fate to investors like this. It's about time companies are trated like the real economic engine they should be, jobs, taxes and creating value. Instead of playing with them like financial tools to enrich the already wealthy.
The idea of buy backs is completly benefitting one class of people, and the only way we can finally have fair distribution of wealth is to stop this tactic that only the lucky few are able to benefit from.
GangNailer t1_j2915hd wrote
Reply to comment by monkeycomet2 in [OC] Apple’s cash flow statement visualized by giteam
You're incentivizing investors to sell during buy backs, as the price is being pumped up.
If the crypto scene has taught u, No one should trust investors to hold their positions when they have inside information like this
GangNailer t1_j290ftz wrote
Reply to comment by monkeycomet2 in [OC] Apple’s cash flow statement visualized by giteam
This is the issue, investors are only in it for short term gains. We should make buybacks illegal so they have to be in the company long-term to create more stability in the company and market. Make them play by the same rules as the rest of the world.
GangNailer t1_j28zyx6 wrote
Reply to comment by DragoonXNucleon in [OC] Apple’s cash flow statement visualized by giteam
Buybacks have no value in this economy except to enrich investors. And that is the issue. Instead of investing back into the company, pay raises for employees etc. It goes straight to the top. It is the number one issue. U r talking about.
Stock buybacks should be illegal... Period.
GangNailer t1_j28uqj2 wrote
Reply to [OC] Apple’s cash flow statement visualized by giteam
Stock buybacks should be illegal. Maybe then apple would finally invest in newer tech for their phones and fix their texting issues.
GangNailer t1_j2a3u8x wrote
Reply to comment by Objective-Throat-614 in [OC] Apple’s cash flow statement visualized by giteam
It isn't an npc. Listen to what the people are saying. All the wealth created is made by people at the bottom. Richasshokes would have no money at all if the people at the bottom worked in low wage positions. Real material value is done through labor, not moving money around on screens... This whole system is setup so people like you think you are creating more value than the actual labor of people creating the product or providing their service.
I work with entrepreneurs on a daily basis, and I know just how egotistical and how they live in a non-reality environment.
They think everything they do is all the work needed and they fail unless they hire other experts to take parts of the business over. Businesses are all collaborative efforts, and should be treated like meritcracy. And to say one person deserve 400times more than the actual workers is the most shittiest propganda to fall a victim to.
Material wealth is built on materials and labor, everything else is parsetic and gambling.
Things haven't bean this bad in terms of inequality since... Ever. Even the guided age had better equality. We are at a point where the greedy have fallen vicitem to their own propganda, and don't realize how better the world would be without the 1% and the dick suckers who promote them.