Fri Mar 20 02:35:30 2020
<6707bcd9> Don’t get me wrong, I love it too, just saying the media we consume shapes our viewpoints, and you want to stay balanced
<6707bcd9> I’ve fallen for zh doomsaying in the past, and I believe it limits our thinking
<6707bcd9> <https://www.zerohedge.com/economics/disgusted-nikki-haley-quits-boeings-board-protest-over-bailout-demands|https://www.zerohedge.com/economics/disgusted-nikki-haley-quits-boeings-board-protest-over-bailout-demands>
— A Disgusted Nikki Haley Quits Boeing’s Board In Protest Over Bailout Demand
— “I cannot support a move to lean on the federal government for a stimulus or bailout that prioritizes our company over others and relies on taxpayers to guarantee our financial position,”
<6707bcd9> Getting back to bailouts vs. stock buybacks, here’s a quote that gels the point: “`Whatever one thinks of Haley, she is absolutely correct on on this issue: that Boeing wasted tens of billions to push its stock artificially higher by repurchasing its stock in hopes of lifting management equity-linked comp and making its shareholders richer instead of even pretending to plan for a less than perfect future is inexcusable“`
<6707bcd9> “`Whatever one thinks of Haley, she is absolutely correct on on this issue: that Boeing wasted tens of billions to push its stock artificially higher by repurchasing its stock in hopes of lifting management equity-linked comp and making its shareholders richer instead of even pretending to plan for a less than perfect future is inexcusable“`