- Asafum ( @Asafum@feddit.nl ) 15•4 days ago
The Republicans (and half the Dems) response:
And in usual fashion they’ll pull the fact that we’re all hostage to the stock market: "We need to stand up for working people and hold giant companies responsible for decisions that hurt workers and consumers while lining shareholders’ pockets.”
Republicans: Comrade Warren wants to ruin your 401k! She wants you to be poor at retirement!!
- DogPeePoo ( @DogPeePoo@lemm.ee ) 11•3 days ago
She’s not a serious person. This is theater (a comedy routine) to appease the public, everybody in Washington knows Lizzie works for the big banks **
- JakenVeina ( @JakenVeina@lemm.ee ) English8•3 days ago
I feel like it’s no coincidence for her to introduce this when Republicans gave full control (yeah, I know, not technically yet) of congress, and it will never have a chance of going anywhere.
- Sundial ( @Sundial@lemm.ee ) 8•4 days ago
There’s no way the Republicans will allow anything in this bill to pass.
- thefartographer ( @thefartographer@lemm.ee ) 6•3 days ago
We can’t even hold domestic terrorism rapists accountable…
- shoulderoforion ( @shoulderoforion@fedia.io ) 3•3 days ago
lol, useless, just like sanders. want to do something real liz, introduce a bill to hold healthcare insurance ceo’s personally liable for denying medically necessary and professionally ordered medical procedures and prescriptions. that’d be something. but she won’t do that. holding “capitalism” accountable, whatever the fuck that means, means nothing gets done, she risks nothing, we gain nothing.
- averyminya ( @averyminya@beehaw.org ) 7•3 days ago
I guess we should just never try then. Wrap it up everybody, we’re stuck like this forever because no one is good enough.
- shoulderoforion ( @shoulderoforion@fedia.io ) 1•3 days ago
never try to do fucking what, what exactly do you think she’s “trying to do” here
- averyminya ( @averyminya@beehaw.org ) 4•3 days ago
The bill would mandate corporations with over $1bn in annual revenue obtain a federal charter as a “United States Corporation” under the obligation to consider the interests of all stakeholders and corporations engaging in repeated and egregious illegal conduct can have their charters revoked.
The legislation would also mandate that at least 40% of a corporation’s board of directors be chosen directly by employees and would enact restrictions on corporate directors and officers from selling stocks within five years of receiving the shares or three years within a company stock buyback.
All political expenditures by corporations would also have to be approved by at least 75% of shareholders and directors.
- limer ( @limer@lemmy.dbzer0.com ) English1•3 days ago
Pretty words. Will never be implemented. Why was it not introduced when it had a chance to pass? Or at least invoke more talk?
As it is now, hardly anyone will hear of it and it will be forgotten soon, except as a sound bite promoting fund drives.
- averyminya ( @averyminya@beehaw.org ) 2•3 days ago
And so I say again, I guess we should just never try then.
- limer ( @limer@lemmy.dbzer0.com ) English2•3 days ago
Technically this bill is not trying. It’s grifting.
The only point of her making this bill is to help her fund raisers later.
There are many people trying
- Not_mikey ( @Not_mikey@slrpnk.net ) 3•3 days ago
but she won’t do that
Both her and sanders have repeatedly pushed for Medicare for all which would destroy the private health insurance industry.
holding “capitalism” accountable, whatever the fuck that means
Did you read the article or just the headline? Because it does have some effective means of disempowering the corporate class.
The legislation would also mandate that at least 40% of a corporation’s board of directors be chosen directly by employees
If 40% of the board of united was chosen by employees then they would have some influence in choosing a CEO that won’t fire them and replace them with an ai to reject claims.