Jeff Bezos is worth $200 Billion enough to give each of his 1.3 Million workers $153K by Evilphd666 in WayOfTheBern

[–]Evilphd666[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Does anyone really give a flying rats ass if Bezos is in charge? He can keep 1% - $2 Billion and his quality of life will not change. He can live out the rest of his life in luxury.

If the board loves him, they can keep him. His stock has some control over 12% of the voting shares that can influence the board, but he will constantly be overruled by the 88%

The institutional shareholders control majority voting control. They can vote him in or out and even if Bezos uses all his share-votes to disagree, he would still be out voted.

Why would it drop to $2866 - Assumption that his networth is all stock and not liquid cash in a pentagon sized Scrooge McDuck Vault. If he were to sell his shares at once it would be a temporary hit to the value of the shares as a whole. So 88% - if it was all liquidated into cash vs share transfer - of $3257 is $2866.16

Other people, Bezos, institutions will see a sale on Amazon and the share price will come back up within a short period of time.

A statement from the Center for Responsive Politics and the Wesleyan Media Project - Facebook work with independent researchers to hold accountability for political ads. by Evilphd666 in WayOfTheBern

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As longtime advocates for transparency when it comes to money in politics and political advertising, we are concerned by the actions taken by Facebook this month against researchers at NYU. Although we have a lot more information about advertising online thanks to platform ad libraries, we also know that what is available is far from sufficient to investigate some of the most important questions about targeting and influence, which is why we are calling for universal digital ad transparency. There is a role for third-party auditing of online libraries, and we urge Facebook to work with and take seriously the concerns of independent researchers working in the public interest.

https://techcrunch.com/2020/10/16/we-need-universal-digital-ad-transparency-now/?guccounter=1

Jeff Bezos is worth $200 Billion enough to give each of his 1.3 Million workers $153K by Evilphd666 in WayOfTheBern

[–]Evilphd666[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Any investor would buy the stocks they wouldn't be worthless.

Bezos divesting isn't going to make Amazon nothing or thanos snap it. As of 10/27/20 Amazon's market cap is an ridiculous $1.63 Trillion.

https://companiesmarketcap.com/amazon/marketcap/

Their share price is $3257

https://finance.yahoo.com/quote/amzn/

$200 Billion liquidation is only 12% of Amazon's market cap.

If all liquidated at once it would temporarily drop Amazon to $2,866 which investors would gobble up as quickly as it is sold.

I say they should get both equity and wage. $150K is enough to buy a modest home in most locations. I guess that's discussion for a union later.

Jeff Bezos is worth $200 Billion enough to give each of his 1.3 Million workers $153K by Evilphd666 in WayOfTheBern

[–]Evilphd666[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Stocks can be redeemed for money. Money can be redeemed for goods and services.

They also can have an actual say in shareholder meetings about the board members, policies and direction of the company.

Hunter Biden (Alleged) Sex Tape Discussion : WayOfTheBern by Evilphd666 in WayOfTheBern

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Apparently this girl was underage and it got nuked by the Admins who are looking for any excuse to kill us because they are levers of the state now and locked from Reddit WOTB, with one user getting suspended for it.

China’s Elite Capture Strategy and the Bidens by DangerRanger in WayOfTheBern

[–]Evilphd666 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

hugs.

Sorry Reddit was being a dick to you. Biden has a long history of corruption and that involves compromising his family for leverage.

Black Lives Matter Aims to 'Disrupt' Family Structure, Excludes Fathers by MarquisBoniface in WayOfTheBern

[–]Evilphd666 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

The people getting killed are fathers.

Well, there goes Chapo... by re_trace in WayOfTheBern

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I think they had over 100k

I believe some comments on Reddit WOTB are being shadow censored. by Evilphd666 in WayOfTheBern

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My summary / comment of a podcast post "The Antifa Myth" was quickly missing.

I could see the comment in my history. If I clicked on it in my history it would look like it is still there, but if I were to just click on the post - nothing.

No reports. Don't think I said anything terrible or rule breaking. Post itself was from legit reporters and a main stream outlet.

Are the Admins playing around here? Is this Sentropy? Unable to discern context?

War is a Racket by Maj. General, Smedley Darlington Butler by Evilphd666 in WayOfTheBern

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FBI Vault Smedley Butler - detalings and news articles documenting how Wall Street routinely tried to bribe Smedley to lead a coup on Washington. Smedley refused and called them all out.

Tulsi understands the warnings foretold by Smedley Butler

'Kiwis don’t want our democracy to be hijacked' - Jami-Lee Ross by Evilphd666 in WayOfTheBern

[–]Evilphd666[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Independent MP Jami-Lee Ross is forcing MPs to vote this evening on whether to ban overseas political donations in local government elections.

He is putting up three proposed amendments to the Local Electoral Matters Bill, which is up for debate tonight.

They include capping overseas donations at $1500, a full legislative ban, or a restriction, so that only New Zealanders who are enrolled to vote can make donations.

Mr Ross said there were zero restrictions on candidates receiving overseas donations in local government elections.

Mr Ross said political parties representing a majority in parliament wanted to ban overseas donations.

"New Zealanders do not want our electoral system to be compromised by overseas donations and Kiwis don't want our democracy to be hijacked by the threat of foreign influence.