Rubio introduces bill that would let shareholders to sue corps if they put wokeness over profits (user search)
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  Rubio introduces bill that would let shareholders to sue corps if they put wokeness over profits (search mode)
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Author Topic: Rubio introduces bill that would let shareholders to sue corps if they put wokeness over profits  (Read 852 times)
Holy Unifying Centrist
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Junior Chimp
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« on: September 25, 2021, 07:24:00 PM »

The entire reason Marco Rubio is a thing is because of woeness.  How else would such an empty suit moron rise the ranks of the GOP like that?

Yeah, I strongly agree with this post. This dude is not impressive in the slightest. He's not smart, he's not charismatic, he's not that accomplished. He only made it so far because he was media manufactured.


Torie's post hit the nail on the head:

One thing that Rubio misses here is that his proposal even in his universe is "unneeded." Why? Because if a corp is really not paying much attention to profits, e.g., because its main goal is to make AOC happy, it will be subject to a hostile takeover. That is what hostile takeovers are all about, to get rid of management that is not deploying corporate assets in a profit maximizing way to such a degree that it becomes profitable to incur the transaction costs of effecting the hostile takeover. The market is self correcting in this instance.
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