Quak, Quak, quuaakk

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Joined 10 months ago
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Cake day: December 23rd, 2023

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  • Because it is a common set of rules that actions can be judged against. And this used to mean something. But just like with the laws in a country… if a large group ignores it while being immune to the consequences you also have problems.

    What I mean to say is that enforcement is key. In the case of Russia there are sanctions that grow and increasingly constrict daily. I’d argue they don’t go far enough… all trade with Russia should be stopped, full stop, but that will cause food issues for people in other countries. So it should be no trade except these items.




  • Their PROFIT dropped from 16 billion to 13 billion. They get to ask employees for a pay cut when they make a loss, maybe.

    Now they are asking the employees to take less money for their labor (time) so VW can have enough profit to promise/give to the shareholders.

    That something needs to happen is clear, but a pay cut is not one of them.

    VW investors for years underinvested in the future of the company, refused to change course, and now they want employees to foot the bill? Fuck them.

    Oh and in 2023, they INCREASED dividend payout to 28 percent. https://www.volkswagen-group.com/en/dividend-15991.

    And in 2022 they paid out dividends TWICE: https://ycharts.com/companies/VWAGY/dividend

    Keep in mind we are talking about the company that conspired with other companies and installed hard & software in their cars so they could keep wrecking the planet while keeping sales high by faking emission values. How many of their higher-ups are not in prison for crimes against humanity is a crime in itself. Winterkorn should be flogged publicly every day for this.