@JDVance In order to "stop this madness" you will need a level of brutality that is at least 1000 times the execution of Nidal Hasan that you told the media you wouldn't watch
Words are cheap and when your resolve was tested, you capitulated to "people" who fantasize about killing you
Western liberals imported the third world into France and other countries in the name of diversity and compassion. They ignored fundamental questions of assimilation and compatibility. They were told it would lead to this and they didn't listen.
I pray that France, a beautiful country of amazing people, will stop this madness before more of its landmarks burn.
And I hope Americans are paying attention. This is the future congressional Democrats seek for your country.
Me: Do you want Shara in NYC
Protestor: Of course
Me: Do you want to put all these women in a burqa?
Protestor: I wish
Me to another protestor: Would you like to be in a burqa?
Protestor: Of course not
The red green alliance, ladies and gentlemen.
America’s corporate governance system is broken, and it’s killing public companies. Look no further than Cracker Barrel: Decades of brutal mismanagement have seen one incompetent CEO after another walk away with a massive paycheck while customers and actual shareholders take a beating.
Why does this keep happening? Because proxy advisory firms like ISS are corrupt. They blindly rubber-stamp failing boards year after year, protecting the corporate elite while burning shareholder value to the ground.
The root of the rot is index funds. There's no question that indexing one's money is a smart financial move for most people. But just because you passively index your investments doesn't mean your corporate votes should be handed over to the managers of your fund so they can play politics. Right now, passive funds hold massive, unchecked voting blocks while having zero skin in the game themselves.
It is time for a simple rewrite of the rules: We need to index the votes of index fund investors.
Passive index funds should be forced to automatically split their votes to proportionately mirror those of retail and active institutional shareholders — the people actually doing the research, risking their capital, and fighting for performance in the companies they hold shares in. No more rubber-stamping. A change like this will immediately strip corrupt gatekeepers like ISS of their toxic influence.
True accountability happens when lazy, overpaid boards actually answer to the stakeholders they represent, rather than screwing them over.
Actual, logic-driven governance when your money is passive happens when your vote passively follows the voting decisions of the actual market.
We need to stop letting passive capital protect active incompetence. By stripping index funds of their arbitrary voting power and empowering engaged investors, we will finally torch corporate cronyism and usher American capital markets into a golden age of capitalism.
Where did I say monopolies are a good thing? I’m simply addressing the common talking point that usually gets brought up of “record” revenue for grocery stores, how outrageous it is and that we need price controls because of it. It’s an emotional argument that has no grounds in reality and is easily disproven just looking at their 10-Ks