General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHad my say tonight, FWIW......
I hold a few shares of (oil company) ConocoPhillips stock. As usually happens this time of year, I receive a proxy solicitation for their annual meeting to vote my shares for their so-called "democratically-run" company. We vote on directors for their board, and a few other things like their choice of "independent" auditors, executive compensation plans--crap like that. Occasionally, some shareholders put up some proposals to reduce executive overcompensation, or reduce company-produced pollution, etc., all of which is routinely voted down because the management opposes it, and the big-money boys go along.
One of the directors of ConocoPhillips is Richard Armitage, the PNAC war-monger who says he "inadvertently" leaked Valerie Plame's identity as a CIA covert operative. he was up for re-election to the board of directors this year. We could vote our shares For, Against, or Abstain. Naturally, I chose the Against option. But I couldn't leave well enough alone. On my form I wrote, "Hell F*CKING NO!!", then scrawled a little graffiti over his name to the effect that Armitage was a war-mongering, neo-con chickenhawk murderer from PNAC who had a stub for a penis. Of course, it may give some clerk a chuckle, and the corporate whores who run the company will never see it, but at least I had the satisfaction of speaking my mind about this war-mongering, neo-con chickenhawk murderer from PNAC.
Childish? yeah, probably, but in a small way, gratifying, at least to me.
IDemo
(16,926 posts)brush
(53,788 posts)IDemo
(16,926 posts)and I wouldn't purchase any in today's environment anyway. I won't advise others in their investment choices, though.
lastlib
(23,248 posts)....but it'd be that many more shares that would probably be voted with management on chickenhawk POSs like Armitage. Personally, I wish more people would buy shares and at the very least vote against these shit-stains on humanity's underwear.
brush
(53,788 posts)Alternative energy companies maybe?
lastlib
(23,248 posts)...but for investment purposes, most of them have too high risk factors for my taste/strategy. I like COP for its growth potential AND dividend; while I dislike their political/lobbying stances, I think that owning a small slice of them gives me at least some small leverage/voice for changing them. Not likely that I'll ever succeed (certainly not by myself), but at least I can have a venue for expressing myself as I did in this instance.
CaliforniaPeggy
(149,639 posts)Good for you.
Liberal In Texas
(13,556 posts)even own a few shares?
I don't shop at Walmart. I don't shop at Home Depot. I don't buy Papa Johns or Dominos.
In short I do not give one cent to these guys.
You're protest will be ignored, while your participation in owning their stock will help them out. Stop enabling them.
lastlib
(23,248 posts)My participation in owning stock is leverage (small though it may be...) If enough people would apply their little bit of leverage against the 1%ers, we could move mountains. Buying their products gives them profits; owning their assets gives us the leverage. (Apples and oranges....)
jtuck004
(15,882 posts)assets). We live in a place where we fight and die to make sure it stays that way. And then we do everything except learning how to own and use those assets to help ourselves, and instead let a few get away with stealing it all.
There are 316 million of us, and only a few of them. We could change our approach any day, and then we wouldn't have to lie about the wealthy being scared. The only thing that scares them, really, is the thought that the rest of the country will wake up some day, learn a little of what they know, begin to take ownership, and soon there would be no need for them.
Then they look out their balcony, see that most are still happily numb, watching cable tv. So they laugh, throw McDonalds apps down on protestors, and go back to their theft of the labor of others.
And your note goes into a file. Maybe one day we can pull it out and say "See, here's where it started".