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The railroad industry has slashed over 20% of its workforce, while spending $225 billion on stock buybacks and dividends since 2010. Wall Street calls this “precision scheduled railroading.” I call it unacceptable corporate greed.

169,745 views • 2 years ago •via X (Twitter)

10 Comments

Black Sheep American's profile picture
Black Sheep American2 years ago

Companies have to make money in order to stay in business! How many businesses have you ran in your life?

Black Sheep American's profile picture
Black Sheep American2 years ago

Buy backs help the investors who require dividends. If not then there is no investors!

Brad Pearce's profile picture
Brad Pearce2 years ago

what do you know about running a railroad, if anything this is one of the things socialists are famously the worst at.

Digvijay Verma's profile picture
Digvijay Verma2 years ago

And over the same period, the Democrats allocated billions of taxpayer dollars to fix their equipment, further increasing the USA's debt.

Tef's profile picture
Tef2 years ago

share buy backs must be banned executives must not be paid in stock or options or bonuses related to share price if a public company has debt it must not pay dividends

Ivan, Czar of Bohunks's profile picture
Ivan, Czar of Bohunks2 years ago

@BrojoDeathpunch Well you can thanks union buster Biden for that, and that’s the facts, Jack.

Kwin - Politically Offensive's profile picture
Kwin - Politically Offensive2 years ago

You backed a president who broke the railroad strike. I have never seen anyone speak with a forked tongue the way you do. Close your mouth Bernie. We are sick of listening to it. You are a liar.

Don Reed's profile picture
Don Reed2 years ago

Spoken like a true FASCIST.

LogicalGuy's profile picture
LogicalGuy2 years ago

@SenSanders - the railroad industry isn't like the Fed. gov't and keeps unnecessary staff on the payroll just b/c they're there. Just think of the tax savings it the Fed. gov't slashed 20% of its workforce... I'd call that "precision tax utilization"

Cheryl G.'s profile picture
Cheryl G.2 years ago

YES WE DO UNDERSTAND CORPORATE GREED BECAUSE WE ARE PAYING FOR IT IN OUR SUPERMARKETS !

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