Fantastic write up of how Reagan destroyed the American middle class by allowing corporations to behave badly.
For example:
"Before Reagan, CEOs who executed share buybacks just to artificially inflate stock prices could go to prison.
FDR criminalized share buybacks in the early 1930s because they’re simply a form of stock price manipulation and were one of the main reasons for the stock market crash of 1929 that kicked off the Republican Great Depression."
https://hartmannreport.com/p/what-happens-when-corporations-are-804
Lily Star /
npub1xv…x4ajc
2023-06-05 14:13:59
Author Public Key
npub1xvqja0xtlv3vkc266eg8dzat0fx24e8n4xk2nf8e670r5zgvjhdq7x4ajcPublished at
2023-06-05 14:13:59Event JSON
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"content": "Fantastic write up of how Reagan destroyed the American middle class by allowing corporations to behave badly.\n\nFor example:\n\"Before Reagan, CEOs who executed share buybacks just to artificially inflate stock prices could go to prison. \nFDR criminalized share buybacks in the early 1930s because they’re simply a form of stock price manipulation and were one of the main reasons for the stock market crash of 1929 that kicked off the Republican Great Depression.\"\n\nhttps://hartmannreport.com/p/what-happens-when-corporations-are-804",
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