#281: Stock Buy Backs and Corrupted Capitalism

Cellar Door Skeptics Podcast

Kroger has closed a few stores during the pandemic on the west coast. A new article released this week calls them out for buying back stock of over 1 billion dollars. The team takes a look at Kroger's finances for Q1 2021 and if there were any pay increases for employees or if the corporation kept all the profits for themselves. Tanner reviews his take on whether this is a capitalism problem or if there should be a boycott of Kroger. The team also reviews the new Delta Variant and what the CDC says we should be doing to protect ourselves and the public. The show will contain the recurring segments Answering Conservative Questions and Quick Saves. Subscribe: http://www.spreaker.com/user/cellardoorskeptics YouTube: https://www.youtube.com/c/CellarDoorSkeptics/ Facebook: https://www.facebook.com/CellarDoorSkeptics RSS Feed: https://www.spreaker.com/user/8326690/episodes/feed iTunes: https://itunes.apple.com/us/podcast/cellar-door-skeptics/id10 Website: http://cellardoorskeptics.com Stitcher: http://www.stitcher.com/podcast/cellar-door-skeptics Patreon: https://www.patreon.com/cellardoorskeptics PayPal: https://www.paypal.me/CellarDoorSkeptics Intro Music: https://aloststateofmind.bandcamp.com/ https://www.youtube.com/watch?v=xYKbTG3MdQI Links ---------- https://bit.ly/RogueMediaCoop http://twitter.com/RogueMediaCoop ---------- https://www.businessinsider.com/kroger-closed-grocery-stores-worker-raises-stock-buyback-2021-7 https://www.freep.com/story/news/local/michigan/2020/12/04/kroger-walmart-amazon-profits-covid-19-pandemic/6458910002/ https://ir.kroger.com/CorporateProfile/press-releases/press-release/2021/Kroger-Delivers-Strong-First-Quarter-Results-and-Raises-Full-Year-2021-Guidance/default.aspx https://www.cincinnati.com/story/money/2021/03/04/how-much-kroger-profit-during-pandemic/4507949001/ https://www.marketwatch.com/story/kroger-stock-rises-after-earnings-beat-1-billion-share-buyback-program-announced-2020-09-11 https://www.investopedia.com/articles/02/041702.asp https://www.investopedia.com/ask/answers/042015/why-would-company-buyback-its-own-shares.asp ---------- https://www.reddit.com/r/Socialism_101/comments/oqszwr/hobbies_and_socialism/?utm_source=share&utm_medium=ios_app&utm_name=iossmf ---------- https://www.yalemedicine.org/news/5-things-to-know-delta-variant-covid https://www.washingtonpost.com/health/2021/07/22/walensky-pivotal-moment-delta-variant/ ---------- Quick Save Tanner: Giant Donut https://www.vice.com/en/article/3aqjkn/the-universe-is-a-giant-donut-that-we-live-inside-new-research-suggests?fbclid=IwAR3hfDHjdW0D6dmdvr2kZ1O0wjXN-MiYjOtd20pkYVZTFBBqoB8hyAULJdk Hanna:The Belgariad https://en.wikipedia.org/wiki/The_Belgariad Buddy: Common cognitive bias https://youtu.be/vKA4w2O61Xo