Robert Reich
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Norfolk Southern, the company whose train derailed in Ohio and unleashed chemicals, made a record $12 billion in revenue last year.

Instead of investing in better safety measures, what did the company do? It authorized a $10 billion stock buyback.

Corporate greed, folks.
02:10 PM - Feb 13, 2023
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J Leep
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In response to Robert Reich.
I think I read somewhere that stock buybacks used to be illegal.

Is that true?
04:19 PM - Feb 13, 2023
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MonzaMayhem
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Yes, they were illegal until 1982. Reagan changed the rule. Much of the rise of the billionaires and increase in income inequality can be directly attributed to Reagan's "trickle down" theory of economics and accompanying policies.
In response to J Leep.
10:42 PM - Feb 13, 2023
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J Leep
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In response to MonzaMayhem.
Reagan was the devils chauffeur.
12:49 PM - Feb 14, 2023
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