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[Ryan Cohen @ryancohen]

The Hollow Men

American capitalism is rotting from the head down. We have replaced the "Owner-Operator"—the risk-taker-with a new, parasitic class of corporate bureaucrat: The Risk-Free Insider.

By "Insider," I am not referring to a specific title. I am referring to the entire administrative state that has captured the modern corporation. This includes the Directors who exist solely to collect fees, the Executives who exist solely to collect bonuses, and the Managers who exist solely to hire consultants.

These are the hollow men of the boardroom. They are masters of PowerPoint. They wear the right suits. They say the right buzzwords about "governance" and "ESG." But they are mercenaries fighting a war with someone else’s ammunition.

In a functioning economy, authority is tied to liability. If you make a bad decision, you lose your own money. That fear of loss is the only thing that keeps a business honest. It forces you to cut waste, obsess over the customer, and stay late to fix what is broken.

Today, we have severed that link.

We have rigged the game so that heads, the Insider wins; tails, the shareholder loses.

If the stock goes up, the Insider collects a massive performance bonus. If the stock crashes due to their own incompetence, they are fired with a "Golden Parachute" worth tens of millions. They are gambling with the house’s money, and they never leave the table poorer than they arrived.

This looting starts in the boardroom.

We have normalized a "Country Club" culture where directors are selected based on social profiling rather than their ability to build a business. The modern board member is often a professional tourist—paid an average of $350,000 a year.

Let’s be brutally honest about what that number represents. The average director is paid nearly five times the GDP per capita of the United States. They earn more for attending four quarterly lunches than the vast majority of Americans earn in five years of hard labor.

And for what?

Most of these directors are "over-boarded," sitting on three or four boards simultaneously. They treat directorships as a gig economy for the elite. They fly in, rubber-stamp a compensation package they didn't read, and fly out. They collect checks from companies they do not understand, do not use, and certainly do not love.

They are not there to ask hard questions. They are there to be collegial. They are there to protect the other Insiders.

And what happens when these boards hire executives who also have no personal capital at risk?

We get the Delegation Economy.

When a Risk-Free Insider faces a crisis—bloated expenses, a broken supply chain, or a stale product—they do not roll up their sleeves. They hire a consultant. They pay a strategy firm millions of shareholder dollars to produce a 100-page deck telling them what they already know.

This is not management. It is intellectual money laundering.

They use shareholder capital to buy an insurance policy for their own careers. If the plan fails, they can blame the consultants. They delegate the work because they are terrified of the responsibility. They would rather preside over a slow, comfortable decline than risk a bold mistake.

While American Insiders are busy optimizing their severance packages, our global competitors are optimizing their products. They are not slowed down by bureaucracy. They are not waiting for a slide deck. They are outworking us.

If we continue to fill our C-suites with administrators instead of operators, we will lose our edge. We will see iconic American franchises hollowed out by fees, managed for the benefit of the Insiders, while the true owners—the shareholders—are left holding the bag.

The time for polite governance is over.

If we want to save the American economy from mediocrity, we must demand a return to the "Owner’s Mentality." We need leaders who treat shareholder capital with the same reverence they treat their own savings. The era of the Risk-Free Insider must end.

[Dave Lauer @dlauer]

So today @WeTheInvestors_ has sued the SEC. We're tired of half measures and a refusal to address the underlying causes of market structure problems.

[rosar.loopring.eth |1111| @n0sh0rt]

@PertinentPenArt Noice 💪

[rosar.loopring.eth |1111| @n0sh0rt]

@shortdestroyers @RSKAGY 🙌🔥

[rosar.loopring.eth |1111| @n0sh0rt]

@yaboynancy GM Nancy!

[rosar.loopring.eth |1111| @n0sh0rt]

# of the year 2024 should be #NameThePerps 🧐

[Susanne Trimbath PhD @SusanneTrimbath]

Want my vote in 2024?
#NameThePerps!

[Larry Cheng @larryvc]

I was thinking, how many public co CEOs - literally in history - have taken:

Salary: $0
Bonus: $0
Stock: 0 shares/options granted

Not a single dollar in wages, not a single share of stock, not a single option, nothing. Not Jobs, Ellison, Buffett, Musk. It may be only one.

[Roberto Rios @peruvian_bull]

Why does the GME FTD data omit June 10 and 11, when RK bought his shares?

@SECGov What is going on here?!?!

ht @StoneBerryusd

[rosar.loopring.eth |1111| @n0sh0rt]

@iamrpk @ryancohen I think he commented that Trump will win the election because of this?

[rskagy.base.eth 👁️🚪 d/acc #BasedCreators ⏹ @RSKAGY]

We teamed up with Doge and Wu-Tang Clan to feed children in the Dominican Republic with onchain art and activity. We already raised over 5k by bringing 40+ artists onchain for an art auction. @optimism please consider a retweet. Your followers' eyes on this will help our cause reach critical mass for Onchain Summer.

[rosar.loopring.eth |1111| @n0sh0rt]

@yaboynancy @TheRoaringKitty Now here's a masterpiece too 🙌

[Dave Lauer @dlauer]

If you're looking for a social platform with real, verified shareholders (no bots) you might want to check out https://t.co/7jou6mcGID. Verified Shareholder Communities ensure that nobody can manipulate or influence the conversation.

The best data on the best social platform.

[rosar.loopring.eth |1111| @n0sh0rt]

@michaellargent My guess is that his is a "legal" transfer of securities to someone in need of collateral to avoid a margin call.

[GordiArt - follow new account @sattriel]

From the sea of red we emerge into green. Just Up.

I'm gonna mint and send this sword to everyone who will leave their L2 address in the replies :)

I usually mint things in the end of the month, so you have a couple of days to enter :)

Retweets and follows appreciated.

$GME

[rosar.loopring.eth |1111| @n0sh0rt]

@gordi_artist Cool, as always Gordi 🙌 rosar.loopring.eth

[rosar.loopring.eth |1111| @n0sh0rt]

@BlackhawkTim GM! I just followed you 🙌

[rosar.loopring.eth |1111| @n0sh0rt]

@PleasrDAO ✅️

[rosar.loopring.eth |1111| @n0sh0rt]

HE'S BACK! 🔥

[GAMES.GG @gamesdotgg]

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