Thursday, October 10, 2019

Democrat CEOs steal from stockholders: Ed Stack edition

The job of a CEO is to generate profits for the people who own the company; the stockholders.  It's not just the rich who own stocks. In fact nearly 52% of households own stocks. Sometimes they own them directly but often they own them because their 401(k) or IRA account is contains them.

Hence when a company loses money it impacts millions of people not just the 1%.

Yet we're seeing a trend of CEOs acting as though they own their companies and they can spend any amount of shareholders money to advance their own political agenda.

The latest example is the CEO of Dick's Sporting Goods, Ed Stack, who just admitted to stealing $250,000,000 from the people who own the company.

He did so by stopping the sales of guns he personally doesn't like and by destroying $5,000,000 worth of guns Dicks shareholders paid for that he doesn't think people should be allowed to own.

This shows the amazingly fascist view leftists like Stack have towards we the people.  Our money is their money and they know what's best for us.

Things like the Constitution are irrelevant to Stack who wants to impose his views on everyone and like most leftists he wants other people to fund his vendetta.  He's rich he could have paid for those $5,000,000 worth of guns he had destroyed but he's too selfish to do that. Instead he made all the average Americans who own Dick's stock to pay.

He's a great example of how the left wants to rule over us;  to use our own money to advance their quest to deny us our freedoms.

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