Lily Star on Nostr: Fantastic write up of how Reagan destroyed the American middle class by allowing ...
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
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