what a bunch of bull talk...the money isnt lost!!!
chuckschumer No.
Good idea I have been waiting far to long for the stock market to correct itself. It has become so manipulated it is crazy.
Worst idea ever. Corporations would just keep the money. How about a 150 percent write off of all money given to employees instead. Really motivate them.
Can u do us all a favor....retire....go away.
Terrible idea: heavy handed. Remember when GEs buybacks turned market crash? (that was then!) How about incentives to invest in employee training/retraining, benefits and paid family leave (SenGillibrand )? Don’t tell them what they can’t do, help them grow, for their people!
Did you say ..... Schumer
Clueless Schumer
It is always easy to be an expert in other people money. First, please manage the tax monies you collected properly. Our roads are crumbling & our bridges are falling.
BEYOND STUPID those 2 don't understand business at all & want to hurt America even more than allowing illegal aliens in! realDonaldTrump won't let that happen & either will senateGOP & HouseGOP! Thinking like that will help them lose next election! FastMoney jimcramer
Why don’t these two losers try to find a job in the real world and stay out of others business
Why
They are not Democrat’s, they are Socialist. Time to call a Spade a Spade
Might as well cap dividends and profits while they are at it. Dems know best how to spend others money.
Why ? They tryna shake down companies for more money?
They do realize this drives the price up for remaining shareholders? Probably not. They don’t have a clue what they are doing.
This is a slippery slope... if you don’t like how a company allocates its capital, don’t own it!
Ignorant Boobs
A lot of good financial research does not support this opinion piece by Schumer and Sanders...
1/1024 Native American Liz Warren & her economists were wrong on her analysis of surge of part time workers during king Obama years blaming new economy! Turns out it was bad Obama workers protections that once repealed by Trump turned PT workers into full time positions!!! Ha!
Opinion piece shows how Dems govern by sound bites these days....stupid party!!!
Yeah & you guys approved spending 1 Trillion dollars of our money. IDEA: restrict corporate stock buybacks on a 1:1 ratio with government spending.
Wait is this the same Bernie Sanders who is currently working on an inheritance tax that conveniently cuts off just above his net worth?
JERK!!!!
Neither the US Constitution, property rights nor economic literacy has ever been an obstacle for professional legalized crime wealth distributors like SenSchumer SpeakerPelosi
Get ready for a 90% tax on all gains, in any form, made from stocks. The writing is on the wall.
These guys were supposed to talk about opening the government. Nothing how come no one question the democrats
The only precondition should be not issuing debt to buy their stock back.
Here we go, the inmates are running the asylum
News flash. If you don’t like how a company deploys it’s capital, don’t own the stock! It’s that simple.
They should be restricting lobbyists, corporate gifts to politicians!
Shouldn't companies be able to do what they want with their profits? Either pay a dividend, invest, or buy back shares? Oh I get it - Chuck and Bernie know how to use it better - not!
Why didn't Schumer and Sanders put a stock buyback provision in the Trump tax cut when they had a chance to? I know, they forgot. WallSt BernieSanders Tax buyback MondayMorning
Booooooooooooooooooo!!!!
The corps can buyback/sell more stock as they see fit. The market will produce winners and losers. That's how it works. That's free-market capitalism. It's part and parcel to the cultural legacy of America.
Physical custody and ownership of ETF and CFDs next please, no fractional reserving, no on paper only gold, no short selling they are all tools to manipulate physical price of commodities and shares.
This is the beginning of people telling you what to do with your money
Stef540 Why not just seize the companies and make them state controlled?
Appears to me that many of the contenders for 2020 are getting the cart before the horse. They are starting out with fixes before a new growth framework is outlined. Maybe they should keep in mind that Trump started out with a vision, an immoral, bad vision, but a vision.
One more step towards their attempt to be Dictators! Such bullies
Of course... Raise employee pay and invest more capital in failing locations. That’s the answer! And these idiots think that they know what’s best for our country and economy? Make Free Enterprise Free Again! FireCareerPoliticians
Term limits
Why do Americans put up with these Morons?
I love Bernie and Chuck, but not sure an entity that took deficit spending to the 100s of billions needs to lecture corporations about capital allocation.
Too little too late.
How does this fix anything
Typical dumb idea, they build and hire when their industry is growing. Businesses go through life cycles like people. If you eliminate buy backs then they will increase dividends or buy smaller companies. They expand based on demand not based on the cash they have. Ignorant!!
Senator NO caves to Uncle Bernie. Schumer fears losing leadership position to progressives. Welcome to NY Jeff Bezos
It should not be tied to worker pay because that will effect the profitability and health of the company. But perhaps not going past a certain percentage of revenue without passing a portion of the buyback to employee stock option plans?
(2) guys who NEVER ran a business and don’t understand business...These (2) combined couldn’t ran a lemonade stand during heat wave and now want impose law on companies about stock backs Can U say layoffs? Hey Europe is looking for some more left winged socialist......go there!
Government can’t even run itself, now it wants to run companies.
When Congress becomes responsible for their spending
Should instead work on a law that you don't pass tax cuts while we are running a deficit.
Are they going to dictate what I name my children too?
Sneaky and the Socialist
Chuckles a globalist!
Stock buy backs became legal in the early 80’s, it caused income inequality. I don’t get trying to make companies pay $15 an hour, just make all buy backs illegal and force them to grow vs shrink to grow stock prices.
Are they just stupid. Man you really can’t fix that at all
The enemites of America.
There you go - DC at its best - two guys that have no clue how to run a public company deciding how to handle complicated capital allocation decisions - Communists are coming - nationalization is the future.
He needs to resign and get on a corporate board and then he can vote to not buy back shares
Huh? Dems, the anti-business, anti-American party.
More government overreach. Madness.
One of many pieces of legislation which should have been implemented a decade ago during the last market crash. They have already pocketed the extra 14%. Most are in recovery mode attempting to salvage while minimizing the blow.
Too late. GOPTaxScam made it possible to rake in the earnings
Bad move. Socialism sucks
It is influencing their share price so you dont have that allready ? CNNMoneyInvest
Limiting buy-backs will lead to more layoffs. Companies are using a combination to increase shareholder value in a slowing economy.
They should do it. These crooks have to expand biz and create jobs. Earn something. If extra up the dividend
These 2 didn’t worry about corporate buybacks with borrowed money when Yellen kept the interest rate at 0% for 7 years....
They can't control their own budget, but by god, they think they can control the private sector. Lets hear your thoughts on balancing your own budget.
This is a TERRIBLE idea, just brutally bad. Stupid Dems are gonna make me give Trump another look
Their time would be better spent in an effort to restrict Government waste of taxpayers money!
It’s not their fault the GOP put them on a spending spree with those ridiculous tax cuts. Merica!
two very successful businessmen !
Ok so now politicians are going to dictate capital markets? What a joke!
Really?
Too late damage is already done
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