Congrats to my fellow Publix stock holders

UCFKnight85

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Increase of $4.25 a share. One of the largest in history. Such a great story for this employee owned, non Union company.
Thats fantastic. Everyone in that organization deserves it, Publix is a world class company. How’s you get in on shares?
 
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Crazyhole

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I’ll take the bait. Please elaborate on what’s wrong with shareholders rejoicing
You're probably on his ignore list so he won't see your question. Let me respond for him:

Inbred, incel, idiots that are too dumb to know how stupid they are and 85 supports priests raping kids.

I think that pretty much sums up everything that doucheninja has ever posted.
 

fried-chicken

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Employee owned companies are good. Its a major part of the democratic platform to increase the number of companies like that. When Bernie Sanders was pushing for it, everyone called it socialism.
 
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UCFKnight85

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Employee owned companies are good. Its a major part of the democratic platform to increase the number of companies like that. When Bernie Sanders was pushing for it, everyone called it socialism.
Remember when you thought that Cooperative corporations weren’t privately owned or a corporation? [roll]

And what the hell are you talking about? Bernie wanted to forcibly and unconstitutionally involve himself as President in the matter of stock allocation in publicly traded companies. That is dumb and dangerous. He was not out there hoping for more Publix’s since (GASP) a lot of people get rich off Publix.
 

fried-chicken

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Remember when you thought that Cooperative corporations weren’t privately owned or a corporation? [roll]

And what the hell are you talking about? Bernie wanted to forcibly and unconstitutionally involve himself as President in the matter of stock allocation in publicly traded companies. That is dumb and dangerous. He was not out there hoping for more Publix’s since (GASP) a lot of people get rich off Publix.
What? No i didnt.

Honestly im going to chalk this up as an interpretation of a post where im discussing something at a level you arent knowledgeable about.
 

UCFKnight85

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What? No i didnt.

Honestly im going to chalk this up as an interpretation of a post where im discussing something at a level you arent knowledgeable about.
Yes you literally did. You were responding to Crazy’s post about his cooperative insurance company and inserted this gem. We informed you this is totally wrong and you exited the thread.


It's a nonprofit co-op. That's not private that is membership owned.
 

fried-chicken

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Nonprofits are not privately owned, they have a director but no ownership. A co-op is membership based org, where ownership not only doesnt exist but also it's not private since anyone can join the co-op. The world of business classifications is bigger than just private vs public unless you are just talking about shares of stock in which case nonprofits have none so that conversation wouldn't make sense to have here.

Read about it
https://corporatefinanceinstitute.com/resources/knowledge/finance/private-vs-public-company/
 

fried-chicken

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Honestly im going to chalk this up as an interpretation of a post where im discussing something at a level you arent knowledgeable about.
Ding ding ding. You thought i was having a conversation of privately owned business in regards to if the government owned the business or not?

In the United States that's basically non-existent.

Why would someone be discussing that vs the much more common publicly traded vs private ownership of business?
 

NinjaKnight

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lmao

BLUF: FC schools 85 in this (and every other) thread. This is beyond embarrassing at this point.
 

chemmie

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Yea, companies owned by employees are pretty awesome, because they aren't nickel and diming their employees and screwing them over, just to make a few extra bucks for their rich shareholders. It is amazing what a little support for ordinary workers will do, huh?
 

KNIGHTTIME^

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Yea, companies owned by employees are pretty awesome, because they aren't nickel and diming their employees and screwing them over, just to make a few extra bucks for their rich shareholders. It is amazing what a little support for ordinary workers will do, huh?
Not everyone is a rich shareholder. You invest in a 401k or IRA?
 

chemmie

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Not everyone is a rich shareholder. You invest in a 401k or IRA?
Of course. But investors like you and I are a mere drop in the bucket. We hold very little wealth, so you really shouldn't believe they are doing you favors by using your labor to do them favors.
 

UCFKnight85

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Nonprofits are not privately owned, they have a director but no ownership. A co-op is membership based org, where ownership not only doesnt exist but also it's not private since anyone can join the co-op. The world of business classifications is bigger than just private vs public unless you are just talking about shares of stock in which case nonprofits have none so that conversation wouldn't make sense to have here.

Read about it
https://corporatefinanceinstitute.com/resources/knowledge/finance/private-vs-public-company/
Jesus dude, just admit when you have things add backwards ok? Private vs public is really easy to understand with clear lines. Maybe just stick to repeating dumb stuff from Socialism Today.

http://sfp.ucdavis.edu/cooperatives/what_is/

A Co Op absolutely is private and absolutely has ownership amongst its members.

A cooperative is a private business organization that is owned and controlled by the people who use its products, supplies or services
 

KNIGHTTIME^

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Of course. But investors like you and I are a mere drop in the bucket. We hold very little wealth, so you really shouldn't believe they are doing you favors by using your labor to do them favors.
Instead of worrying about the so called evil rich. What has been your strategy to become one? I'm a clear product of capitalism. College grad but never top of my class. I out worked my coworkers at every job. On the weekends sometimes I'll study to learn more about my job and get more certifications. I'm now to the point where I have no bills. I own $250k in one stock alone as an example. That isn't to brag and I would never say this in person. Just to show you it's possible.

The goal of a business is to create shareholder value. Part of having a successful business is taking care of employees. If you're talking about jobs that can be replaced immediately without much training, it is up to the individual to form a path to success.

Some people sit at bars all weekend wondering why they aren't successful. Usually it involves a lot of work over a decent amount of time.
 

UCFKnight85

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Instead of worrying about the so called evil rich. What has been your strategy to become one? I'm a clear product of capitalism. College grad but never top of my class. I out worked my coworkers at every job. On the weekends sometimes I'll study to learn more about my job and get more certifications. I'm now to the point where I have no bills. I own $250k in one stock alone as an example. That isn't to brag and I would never say this in person. Just to show you it's possible.

The goal of a business is to create shareholder value. Part of having a successful business is taking care of employees. If you're talking about jobs that can be replaced immediately without much training, it is up to the individual to form a path to success.

Some people sit at bars all weekend wondering why they aren't successful. Usually it involves a lot of work over a decent amount of time.
Its impossible for liberals and socialists to just tend to their own personal well being and generate wealth and be happy in life .

They are obsessed with anyone perceived to be making more than them and turn that obsession into a blanketed opinion that the mere existence of very rich shareholders means that stocks are inherently bad and were all just poor little saps being taken advantage of.
 

Sir Galahad

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Tampa
Employee owned companies are good. Its a major part of the democratic platform to increase the number of companies like that. When Bernie Sanders was pushing for it, everyone called it socialism.
Except you’re wrong, Bernie and his mafia would try to unionize Publix. There is a reason Publix has destroyed their competition, their unionized competition.
 
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UCFKnight85

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This quote could not be more true

“Middle class socialists don’t like the poor, they just hate the rich”
 

NinjaKnight

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Imagine bragging about your stock going up a few percent when the fed is about to figuratively run out of ink from printing so much money.

Gold, silver, BTC, stocks, ammo. Everything doubling in price during this pandemic. Inflation is going through the roof. We could not have handled this worse from a medical or financial standpoint.
 

Ucfmikes

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Imagine bragging about your stock going up a few percent when the fed is about to figuratively run out of ink from printing so much money.

Gold, silver, BTC, stocks, ammo. Everything doubling in price during this pandemic. Inflation is going through the roof. We could not have handled this worse from a medical or financial standpoint.
Crood logic. Obviously, you’re aren’t very ambitious or wealthy. Shocking
 

Crazyhole

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Imagine bragging about your stock going up a few percent when the fed is about to figuratively run out of ink from printing so much money.

Gold, silver, BTC, stocks, ammo. Everything doubling in price during this pandemic. Inflation is going through the roof. We could not have handled this worse from a medical or financial standpoint.
So now you aren't a fan of stimulus or MMT? If it had been a black Democrat in the white house doing the exact same stuff you'd be praising their leadership.
 

Cubs79

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Except you’re wrong, Bernie and his mafia would try to unionize Publix. There is a reason Publix has destroyed their competition, their unionized competition.
https://berniesanders.com/issues/corporate-accountability-and-democracy/ Right from Bernies webpage, "We will give workers an ownership stake in the companies they work for, break up corrupt corporate mergers and monopolies, and finally make corporations pay their fair share."

Also, Kroger is mostly unionized and a much richer and larger national chain than Publix. Publix might destroy the competition in Florida, but Kroger destroys the competition nationally and even globally. Unions and employee owned businesses actually have a lot in common (and some differences too for sure), it is a different set up but the goals are typically pretty similar. But most progressives are more than ok with employee owned businesses and it is certainly a progressive position.
 
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KNIGHTTIME^

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https://berniesanders.com/issues/corporate-accountability-and-democracy/ Right from Bernies webpage, "We will give workers an ownership stake in the companies they work for, break up corrupt corporate mergers and monopolies, and finally make corporations pay their fair share."

Also, Kroger is mostly unionized and a much richer and larger national chain than Publix. Publix might destroy the competition in Florida, but Kroger destroys the competition nationally and even globally. Unions and employee owned businesses actually have a lot in common (and some differences too for sure), it is a different set up but the goals are typically pretty similar. But most progressives are more than ok with employee owned businesses and it is certainly a progressive position.
Only a socialist that hasn't worked a real job comes up with this plan. So exactly how are you going to steal assets from owners to provide to employees? These owners are everyone down to 401k participants, retail stock owners, etc. So you're going to dilute their shares. How do you decide how many shares you will steal? Is it secondary offerings to dilute existing shareholders? Part time workers and lower skilled workers get the same as full time or management?

Only Bernie can come up with a stupid plan like this. Anyone can buy stock in a public company. Now no fee trades even exist.

"Fair Share" is code word for I'm coming to steal from the productive. Bernie isn't giving up his money though.
 

UCFKnight85

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https://berniesanders.com/issues/corporate-accountability-and-democracy/ Right from Bernies webpage, "We will give workers an ownership stake in the companies they work for, break up corrupt corporate mergers and monopolies, and finally make corporations pay their fair share."

Also, Kroger is mostly unionized and a much richer and larger national chain than Publix. Publix might destroy the competition in Florida, but Kroger destroys the competition nationally and even globally. Unions and employee owned businesses actually have a lot in common (and some differences too for sure), it is a different set up but the goals are typically pretty similar. But most progressives are more than ok with employee owned businesses and it is certainly a progressive position.
It’s again cute that socialists think that they can involve the government to meddle in private affairs of business where the government has no authority or right to do so.

Also a unionized workforce is not the same as an employee based company and their objectives really aren’t that similar. Publix issues ownership to employers to encourage loyalty and to drive the best performance of their employees, since the better they perform and earn promotions, the larger their ownership stake becomes. They want employees who feel personally empowered to get ahead and develop managers from within.

Unions could not be more different. A highly paid union mob boss negotiates for everything a worker gets and that’s it. Promotions are based upon who is next in line on the union map , not who deserves it the most. Working far harder and more efficient than your colleague? Too bad. You’re getting paid the same since that’s what the union agreed you to on your behalf.
 

Cubs79

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Only a socialist that hasn't worked a real job comes up with this plan. So exactly how are you going to steal assets from owners to provide to employees? These owners are everyone down to 401k participants, retail stock owners, etc. So you're going to dilute their shares. How do you decide how many shares you will steal? Is it secondary offerings to dilute existing shareholders? Part time workers and lower skilled workers get the same as full time or management?

Only Bernie can come up with a stupid plan like this. Anyone can buy stock in a public company. Now no fee trades even exist.

"Fair Share" is code word for I'm coming to steal from the productive. Bernie isn't giving up his money though.
Read the thread before responding. I was pointing out to Sir Gallahad who said that Bernie wasnt for employee ownership, when right on his website it shows that he is. Bernie would like how Publix is set up.
 

Cubs79

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It’s again cute that socialists think that they can involve the government to meddle in private affairs of business where the government has no authority or right to do so.

Also a unionized workforce is not the same as an employee based company and their objectives really aren’t that similar. Publix issues ownership to employers to encourage loyalty and to drive the best performance of their employees, since the better they perform and earn promotions, the larger their ownership stake becomes. They want employees who feel personally empowered to get ahead and develop managers from within.

Unions could not be more different. A highly paid union mob boss negotiates for everything a worker gets and that’s it. Promotions are based upon who is next in line on the union map , not who deserves it the most. Working far harder and more efficient than your colleague? Too bad. You’re getting paid the same since that’s what the union agreed you to on your behalf.
The government is constantly involved with businesses, and we have many laws on the books that deal with business. We just had hearings this week where congress grilled 4 of the heads of some of the largest companies in the world.
 

KNIGHTTIME^

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The government is constantly involved with businesses, and we have many laws on the books that deal with business. We just had hearings this week where congress grilled 4 of the heads of some of the largest companies in the world.
Dealing with businesses to create fair business practices is much different than literally stealing the companies assets to hand to someone else. I'm sure Bernie's plan is more for populist speeches, but that is crazy. You're either asking the government to steal shares owned by others or diluting existing shareholders with loss of fractional ownership. Either way is a disaster. It makes sense for companies to offer share purchases or bonus shares but that is on the company. Successful companies tend to take care of employees.
 
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UCFKnight85

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The government is constantly involved with businesses, and we have many laws on the books that deal with business. We just had hearings this week where congress grilled 4 of the heads of some of the largest companies in the world.
Ok? That is in no way the same as the government forcibly compelling private corporations to change their ownership structure. If a company is a sole ownership or limited partnership, Bernie Bro’s can’t just run in and force them to divide ownership between all of their employees. Even suggesting this is proof of how dangerous that lunatic and his policies would be if ever actually enacted.
 
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Crazyhole

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https://berniesanders.com/issues/corporate-accountability-and-democracy/ Right from Bernies webpage, "We will give workers an ownership stake in the companies they work for, break up corrupt corporate mergers and monopolies, and finally make corporations pay their fair share."

Also, Kroger is mostly unionized and a much richer and larger national chain than Publix. Publix might destroy the competition in Florida, but Kroger destroys the competition nationally and even globally. Unions and employee owned businesses actually have a lot in common (and some differences too for sure), it is a different set up but the goals are typically pretty similar. But most progressives are more than ok with employee owned businesses and it is certainly a progressive position.
So are the employees free to sell their shares and still be an employee? If so, rich investors will just buy up the stock and we'll end up right back where we started.
 

chemmie

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"Socialist socialist socialist, socialist socialist. Socialist socialist commie socialism. Socialist socialist, socialist. Venezuela socialist socialist socialist, socialism socialist communism Cuba. Socialist socialist socialist Marx." - Idiots.
 
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goodknightfl

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Back to the topic at hand, enjoy the extra value while you can. The Marxist will take over soon and ALL private ownership will end.
 

DaShuckster

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Back to the topic at hand, enjoy the extra value while you can. The Marxist will take over soon and ALL private ownership will end.
Beware the ‘Marxist Boogieman’ has become the latest way to comfortably spew racist bullshit.
 
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