Bat shit crazy Elizabeth is at it again, now she wants to take over companies.

[Toddsterpatriot]

The 75% agreement to donate to a politician or political party is to me, an end around to stop companies making donations to the GOP and it is pretty blatant attempt. Should the government also make the same law on unions? They claim to be for the worker, so 75% for all union employees would make sure the vested interest is carried out?

The other issue is billion dollar companies to, 100 million next, 10 million next then 5 million and a continuous drop. Also if employees are to get a say, do they share in the risk? Seems fair.

The 75% agreement to donate to a politician or political party is to me, an end around to stop companies making donations to the GOP and it is pretty blatant attempt.

Exactly.

Should the government also make the same law on unions?

No, the government should make that law for government.
No new law, tax or regulation unless you get a 75% vote in both the House and Senate.

Also if employees are to get a say, do they share in the risk? Seems fair.

Exactly. Give employees half their salary as stock and make them hold it for 5 years.

 

[Toddsterpatriot]

Warren is an assclown, no confusion on that.

You aren’t proving to be much different? Why are all your posts about Warren and not about the substance of the bill?

It's a stupid plan.
That's what I expect from Warren.

Great analysis. Thanks for the invigorating conversation

Commie tries to control private property.
She can fuck off.
It's as simple as that.

What’s your definition of commie, genius??

Any a-hole who thinks "stakeholders" should get a say in a corporations workings.

 

[gtopa1]

This sounds like something the new democrat socialists would do.

it actually sounds like fascism.....aka keep the "capitalist" face, but have the government run it from behind the scene

It's actually controlling the means of production hence Socialism/fascism united. Totalitarian.

Greg

 

[CowboyTed]

Sounds like a bunch of bullshit to me.

This could drive many companies out of business and leave workers holding the bag.

What a load of shit.

Works in Germany and they had a record surplus last year while the Trumpets are over the moon at borrowing 1 trillion...

 

[Slade3200]

You aren’t proving to be much different? Why are all your posts about Warren and not about the substance of the bill?

It's a stupid plan.
That's what I expect from Warren.

Great analysis. Thanks for the invigorating conversation

Commie tries to control private property.
She can fuck off.
It's as simple as that.

What’s your definition of commie, genius??

Any a-hole who thinks "stakeholders" should get a say in a corporations workings.

You’re not having a very good day are you?

So to summarize. Todd here thinks the definition of a communist is “any a-hole who thinks stakeholders should get a say in a corporations workings.

Go sleep it off buddy

 

[Muhammed]

What a dumb bitch ... They are losing on RTW, they lost with citizens united so now they are trying to find another way in.



Elizabeth Warren's New Bill Aims to Reinvent U.S. Capitalism


U.S. Senator Elizabeth Warren has a plan to rewrite the rules for large U.S. businesses--and it's a provocative one.

The Democratic Senator from Massachusetts is introducing a new bill on Wednesday that would require corporate executives "to consider the interests of all major stakeholders in company decisions--not only shareholders," Warren wrote an op-ed for The Wall Street Journal. The Accountable Capitalism Act would require companies with more than $1 billion in annual revenue--including Facebook, Google, and Amazon--to comply with a federal charter that looks out for workers' interests. Currently, U.S. businesses secure corporation charters from states, not on the federal level.

One of the biggest changes that the bill proposes is for employees to elect at least 40 percent of board directors. The bill also seeks to impose limits on when executives can sell company shares. Directors and officers would have to hold shares for five years before
selling them, or in the case of a company stock buyback, three years. Warren's bill also takes aim at political contributions by requiring approval for all political expenditures from at least 75 percent of shareholders.




.

Ridiculous idea from a low IQ individual that will never see the floor of congress.

 

[Dragonlady]

The 75% agreement to donate to a politician or political party is to me, an end around to stop companies making donations to the GOP and it is pretty blatant attempt. Should the government also make the same law on unions? They claim to be for the worker, so 75% for all union employees would make sure the vested interest is carried out?

The other issue is billion dollar companies to, 100 million next, 10 million next then 5 million and a continuous drop. Also if employees are to get a say, do they share in the risk? Seems fair.

The 75% agreement to donate to a politician or political party is to me, an end around to stop companies making donations to the GOP and it is pretty blatant attempt.

Exactly.

Should the government also make the same law on unions?

No, the government should make that law for government.
No new law, tax or regulation unless you get a 75% vote in both the House and Senate.

Also if employees are to get a say, do they share in the risk? Seems fair.

Exactly. Give employees half their salary as stock and make them hold it for 5 years.

Employees already share the risk. If bad decisions are made and the company fails, they lose their jobs.

 

[Wyatt earp]

Sounds like a bunch of bullshit to me.

This could drive many companies out of business and leave workers holding the bag.

What a load of shit.

Works in Germany and they had a record surplus last year while the Trumpets are over the moon at borrowing 1 trillion...

Germany didn't have a minimum wage law til 2015 and your point being?


.

 

[Slade3200]

Sounds like a bunch of bullshit to me.

This could drive many companies out of business and leave workers holding the bag.

What a load of shit.

Works in Germany and they had a record surplus last year while the Trumpets are over the moon at borrowing 1 trillion...

Germany didn't have a minimum wage law til 2015 and your point being?


.

What if we made a minimum Wage law for the big corporations like the ones targeted in the OPs bill. They are making over a billion a year, they can afford it. This way the small businesses aren’t negatively impacted. Fair compromise?

 

[BluesLegend]

Does Warren know what an employee is? Employees don't own the company, shareholders do. Warren should move to communist China and live in her dream world.

 

[BluesLegend]

Sounds like a bunch of bullshit to me.

This could drive many companies out of business and leave workers holding the bag.

What a load of shit.

Works in Germany and they had a record surplus last year while the Trumpets are over the moon at borrowing 1 trillion...

Germany didn't have a minimum wage law til 2015 and your point being?


.

What if we made a minimum Wage law for the big corporations like the ones targeted in the OPs bill. They are making over a billion a year, they can afford it. This way the small businesses aren’t negatively impacted. Fair compromise?

Your idea is retarded.

 

[peacefan]

The Democratic Senator from Massachusetts is introducing a new bill on Wednesday that would require corporate executives "to consider the interests of all major stakeholders in company decisions--not only shareholders,"

You want some say in company decisions, buy some shares.
Otherwise, fuck-off comrade.

see, problem with republican fanboys is : their bullshit is convincing at first glance.

i know first hand how hard it is to break through the glass ceiling of the wealthy.

let alone getting enough money to then, what, have a single influential vote in things like how much workers get paid? that kinda shit erodes the entire middle class into true poverty. and you fanboys don't recognize the evil and danger of that.

 

[Slade3200]

Sounds like a bunch of bullshit to me.

This could drive many companies out of business and leave workers holding the bag.

What a load of shit.

Works in Germany and they had a record surplus last year while the Trumpets are over the moon at borrowing 1 trillion...

Germany didn't have a minimum wage law til 2015 and your point being?


.

What if we made a minimum Wage law for the big corporations like the ones targeted in the OPs bill. They are making over a billion a year, they can afford it. This way the small businesses aren’t negatively impacted. Fair compromise?

Your idea is retarded.

Great response. Let me think about your brilliant reasoning and I’ll get back to you. Ok?

 

[peacefan]

What if we made a minimum Wage law for the big corporations like the ones targeted in the OPs bill. They are making over a billion a year, they can afford it. This way the small businesses aren’t negatively impacted. Fair compromise?

Yeah, that might well be better than trying to make execs out of workers.

 

[Dragonlady]

Does Warren know what an employee is? Employees don't own the company, shareholders do. Warren should move to communist China and live in her dream world.

Employees are the people who make money for the shareholders. Without employees, the owners have no products, no sales, no profits, no dividends, no customers.

 

[EGR one]

What a dumb bitch ... They are losing on RTW, they lost with citizens united so now they are trying to find another way in.



Elizabeth Warren's New Bill Aims to Reinvent U.S. Capitalism


U.S. Senator Elizabeth Warren has a plan to rewrite the rules for large U.S. businesses--and it's a provocative one.

The Democratic Senator from Massachusetts is introducing a new bill on Wednesday that would require corporate executives "to consider the interests of all major stakeholders in company decisions--not only shareholders," Warren wrote an op-ed for The Wall Street Journal. The Accountable Capitalism Act would require companies with more than $1 billion in annual revenue--including Facebook, Google, and Amazon--to comply with a federal charter that looks out for workers' interests. Currently, U.S. businesses secure corporation charters from states, not on the federal level.

One of the biggest changes that the bill proposes is for employees to elect at least 40 percent of board directors. The bill also seeks to impose limits on when executives can sell company shares. Directors and officers would have to hold shares for five years before
selling them, or in the case of a company stock buyback, three years. Warren's bill also takes aim at political contributions by requiring approval for all political expenditures from at least 75 percent of shareholders.




.

The government wouldn't run it, all I see is a badly needed increase in employee power. The middle class is sinking into poverty too much.

It would force companies to take into account "stakeholders" which is basically everyone. The government as a regulator is a stakeholder, and if some stakeholder decided it was being ignored they could sue.

It would basically make companies unmanageable.

Employees are free to form employee run companies if they want to, forcing everyone to do so is stupid.

You realize this bill only applies the companies that make over $1 billion in annual revenue right?

And they never take a stupid law and expand it to cover more companies. Right?

Cross that bridge when we get there. Right now this bill is for the big dogs and has nothing to do with smaller companies. Why don’t you just talk about that?

The slippery slope arguments get real old

The arguments may get old, but the slippery slope is alive and well in politics. Especially in national politics. Besides, if this idea is good for Billion dollar corporations, it ought to be just as good for 500 million dollar corporations, and for 100 million dollar corporations..

 

[peacefan]

so.. we can agree, a decent minimum wage is a good idea?

 

[EGR one]

Does Warren know what an employee is? Employees don't own the company, shareholders do. Warren should move to communist China and live in her dream world.

Employees are the people who make money for the shareholders. Without employees, the owners have no products, no sales, no profits, no dividends, no customers.

Without the owners, there are no employees. The owners provide the facilities, machinery, materials, etc., that allows employees to obtain wages and benefits.

 

[EGR one]

What a dumb bitch ... They are losing on RTW, they lost with citizens united so now they are trying to find another way in.



Elizabeth Warren's New Bill Aims to Reinvent U.S. Capitalism


U.S. Senator Elizabeth Warren has a plan to rewrite the rules for large U.S. businesses--and it's a provocative one.

The Democratic Senator from Massachusetts is introducing a new bill on Wednesday that would require corporate executives "to consider the interests of all major stakeholders in company decisions--not only shareholders," Warren wrote an op-ed for The Wall Street Journal. The Accountable Capitalism Act would require companies with more than $1 billion in annual revenue--including Facebook, Google, and Amazon--to comply with a federal charter that looks out for workers' interests. Currently, U.S. businesses secure corporation charters from states, not on the federal level.

One of the biggest changes that the bill proposes is for employees to elect at least 40 percent of board directors. The bill also seeks to impose limits on when executives can sell company shares. Directors and officers would have to hold shares for five years before
selling them, or in the case of a company stock buyback, three years. Warren's bill also takes aim at political contributions by requiring approval for all political expenditures from at least 75 percent of shareholders.

when the gov can run their own business without dividing a country, they can talk. until then, the gov has zero businessing telling corps how they must run.

The corporations wouldn’t even exist if not for the government which authorized the incorporation and established the laws under which they function in the first place. Corporations are the creation of government and as such the government has every right to set the rules and laws which govern them.

Corporations are the biggest users of government infrastructure and services in the country.

In order for corporations to be successful, they require an educated work force, a stable and secure government, and protection for intellectual property and inventions. All of which are provided by government.

The corporations wouldn’t even exist if not for the government which authorized the incorporation and established the laws under which they function in the first place.

Oh, so the government can do whatever they want. DERP!

Considering that the government sets the laws which govern corporations and gives them the authorization to exist, and sets the rules under which they operate, the short answer is “Yes”.

That government would be state governments. Therefore the answer is "no".

 

[peacefan]

and without the employees no revenue would be made at all.

they deserve to be fairly compensated.

now, agreed : a higher minimum wage is a liability in a flexible economy like capitalism..

but US corporations just got their tax-rate slashed big-time, a fair percentage of that tax-cut should go directly into a higher minimum wage.