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this post was submitted on 30 Aug 2023
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They were basically illegal until 1982. It was considered, and I believe still is, market manipulation.
I guess it was Reagan? again?
You can make a serious argument that Reagan caused more suffering than Hilter if you count the long term effects of his political influence
Can we not do this?
That's absurd.
The truth often is.
That Hilter guy sounds like small fish
Is there list of flawed Reagan's policies? I only remember deregulating greenhouse emmisions
This is a start
https://www.ebaumsworld.com/pictures/the-true-story-of-reaganomics-8-simple-graphs/86146186/
The thing he's worshiped for (decreasing taxes) is a blatently lie. Taxes on the average citizen were higher when he left office than when he entered. Taxes for the rich and businesses were lower though, unsurprisingly.
Pick any of his drug policies and you’ll have another failed policy
He failed to act on the AIDS epidemic until it was too late.
His sugar tariffs have driven food prices in the US far above the rest of the world.
Ding ding ding
Hah! If only that were true.
What I'm trying to say is, these companies don't use stock buybacks with the intention of going private. They're doing stock buybacks to keep the stock price high, so they continue to please stockholders.
Stockholder pleasing is unfortunately not going away anytime soon.