Way off base. Your money being put to work. GE spent $40M lobbying in 2010, spent $6M lobbying in 2022.
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News Chapek FIRED, Iger New CEO
- Thread starter Chef Mickey
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Don’t act like you’re an expert. The two examples I gave are at the top of the list of companies not favoring a political party. They both give about 50-50% to each party. GE doesn’t donate any money, but they do have a fund that disperses equally to the parties. I want companies in my portfolio that do not risk my money with their political stances. It’s bad for business.
GE does give monies to both parties to seek to influence elected officials. ( ie GE gave $13K to Maggie Hassan in 2022). $13K doesn't sound like a fund name . You're incorrect.
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Not the same thing and you know it. And their agenda hasn’t lost me half of my money over the last 2 years.
Ayla
Well-Known Member
So their "agenda" is fine as long as you agree with it and don't lose money...got it.
If you are not aware , lobbying is a form of pushing a company or person's agenda in influencing an official- you help me, I help you. Rinse and repeat.Did you see that??! You totally just missed that point! Flew right by your head
There’s companies lobbying to try and get a competitive edge which helps their share value, and then there’s companies pushing an agenda that has nothing to do with their business model, which destroys their share value by more than half in two years. Game, set, match.
Nice dancing. Companies lobby to gain what they want to push to the elected official. In return for you helping me I will help you . The ones making out like bandits all the way to the bank are shorting the stock.
Rich Brownn
Well-Known Member
Major losses at Disney+ and ESPN had more to do with stock crashing than political speech. Stockbrokers could care less about who supports what - they look at the bottom line and future growth potential. If what you said were true, the biggest stock market crash would be on Apple Inc., a notoriously liberal and outspoken company. Bottom line: investors care about what comes out of your wallet, not out of your mouth.
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LSLS
Well-Known Member
Which is why the stock price record high was *checks notes* 4 days after announcing opposition to the bill. And Chapek was fired *Notes again* 1.5 years after making the statement, right after announcing huge streaming losses for the quarter and year.
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Not here to argue anything, just want to point of that current stock price has nothing to do with closing of parks and resorts.
Actually if it wasn’t for parks and resorts Disney stock would be a dumpster fire, with us all guessing who was going to buy the company.
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matt9112
Well-Known Member
You act as if they couldn’t be manufactured anywhere else…. On top of the fact that it really just hammers home that pharma will do anything to increase profit margins. While the medicine remains expensive as can be. You can’t have a deep impactful and healthy trade relationship with somebody who unequivocally sees the world differently than you.
LSLS
Well-Known Member
Definitely the thing that happened a year and a half ago that resulted in the record high prices shortly thereafter. Certainly not the streaming services having larger and larger deficits with questions on if it will become profitable.
CaptinEO
Well-Known Member
They also manufacture most of anything we purchase in stores, not just meds. Again a sign of outsourcing cheap labor and bad conditions to make more money.
Sure it can be made somewhere else. I don't see 75% of our meds being made somewhere else if ever.
Business profitability 101, typed by a device made from there.