Supporting Walmart and McDonalds…

…but not the working poor.

$7 BILLION dollars to the biggest welfare queens…McDonalds and Walmart.

Peter is an unethical toad. He never mentions the $$ executive pay that could easily be cut to allow for a decent livable wage.  And preying on the mentally challenged?  I have no words.

This  LA Times article talks about income inequality and executive pay:

Unlike most SEC regulations, the CEO rule isn’t really designed to provide information for investors. Rather, it’s designed to provide information for the larger community — for society, if you will. Its aim is to provide ammunition for the argument that the share of corporate profits going to top management, and by extension corporate shareholders, has gotten out of control.

That’s a sound argument, shared by many management experts and economists who argue that the diversion of corporate resources from workers to executives and shareholders is a major contributor to rising income inequality in the U.S., as well as to other social and economic ills.
This information would be very helpful to folks who wish to invest but want to do so with a conscience.  Even if I had the money, I would think twice before investing again–I would not want to invest in a company that paid the execs 350% more than workers, nor one like Johnson, who was sooo overcompensated for….failure.  That’s poor management, in my opinion.
This piece states that companies were supposed to notify shareholders of environmental impacts…it’s been awhile since I had invested in stocks, but I don’t recall ever receiving notice of what a company did environmentally.  And would those reports be worth anything?  If a company is polluting, and does not wish to alert shareholders, they could skew the statistics towards a favorable view.  They could also use jabberwocky language to confuse people.
A better option would be independent inspectors sending stockholders reports of all the above to hopefully get an unbiased opinion.

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