Transcript
Live. From America's most American car built by European billionaires. It's another Damien, Raul's free business, pants joined as always by Emma proxy lurking. I'm Matt vote mascardi and Damien is alive in spirit only. In today's shareholder, agnostic bag of Biz nuggets called April 19th 2022. I'm gonna Channel The Ghost of Damian's proxy analysis. Okay. Sweet. Can you do that? Do you know how to do that? I'm hoping it's equally as boring and Emma is going to give us quick hits Emma style. Yeah it's like it's like Emma tapas. Oh, I'm a news. Topless I like that, actually, I'll be news Tapas. Happily you? Your news, top us. All right, here we go. Let's do this. Here's your headline coming out this week. Really matters in France less so everywhere else but still Atlantis CEO upbeat on us as shareholders vote against PayPal package. That's right. France has shareholders too. Did you know that? Did you know France? by stock, I've never even I didn't even know what France was I thought. I thought it was just like, undercooked beef and wine. I thought maybe some cheese. I forgot about steak tartare. How Forgets about that. All right. In fact France actually is its own shareholder of a car company called stellantis that investors are very unhappy about. So today, we are going to play. Who would you fire? Whoa. Yes. Okay, it's a variation of who would you do with much less sex? Appeal, 52 percent of shareholders voted against pan, euro carmaker. Stellantis is CEO pay package. Yes, that was aggressive and really abhorrent for us listeners. You don't know, still anus. But Bruce Springsteen actually does his Super Bowl commercial for Jeep, two years ago, that heralded America, land of the free home of the gas and efficient or whatever. So actually that car, he was driving that jeep. Is it European car? Is it called company, slanted us. Stellantis is. Now the central focus of our part of a focus of the French election, since the French government owns a stake in the company and macron is kissing Progressive asses by proposing a cap on CEO. Pay and the terrifying Le Pen is kissing conservative asses by Proposing a cap on CEO, pay all over the incredibly cute sum of 32 million Euros which is 1/9 of a Tim Cook. I just want to point out. You Europeans have a long way to go before you Sucky CEO pay so good for you, but since everyone currently hates them. We're going to spend the wheel and play. Who would you fire? Here are the nominees from stellantis is remuneration committee. Are you ready for this? No one is. Here's ramune, it remuneration committee. I'm going to just I'm going to say committee because remuneration is hard for me to say, yeah. Committee Member number one Andrea agnelli. Andrea agnelli. He's the chair. Is he chair of xor? This is family's company. It's nice to have a family with a company that owns 14% of the voting rights of stellantis also happens to own Juventus. My grandfather's favorite soccer team and Juventus acnol was actually banned from the league for using the mafia to scalp tickets to Juventus games. Good for him. Oh, so on the UEFA executive committee, which is part of FIFA, which has no corruption problems. So agnelli totally in the clear. Next up. Robert Peugeot. That's right. Literally the car, one of the cars, it's the Atlanta just sells. Oh, so he is a Puja, he is. Yeah, it's super cool when your grandfather built the car that made your family, a billionaire, and you get to sit on the board of the company and perpetuity because your last name that's super cool. So that's really all there is to know about him. He also happens to be a knight of the French Legion of Honor. I didn't know France had that he either. I didn't know that the monarchy was still a thing really didn't know about the French Revolution, kind of, I thought it was over. I thought that I guess that next up on read the Castries oh, that's a great name. Say that five times fast. He is a rep from the French government. Who owns a lot of stellantis, which would be cool except this dude. So on the board of nestle, you know? Yeah. Other company that has the ambition, the ambition, I'm saying, ambitious. I'm not saying did I'm saying ambition. Okay, ambition to eliminate child labor from the oh, chocolate supply chain. It said it will take many years to get there. This guy is gonna help him. I guess I, that's what happens when you aim big, you have an ambitious someday, not abused children. Cool, nice. And then we have Fiona Claire, Chacon these people have great names. I have to say, they're well, named people hands down. She is currently the Google head of people that basically the head of Human Resources. It's so quaint that that the highest possible achievement for most women is head of people. So congratulations for getting that and finally I left the best for last the chair of the committee, the one person of color on the 11-person board, which is eight white dudes on it and 10 other white people see when laying martello. Okay, that's her name. Okay. So who do you fire? Do you fire? The family company. That owns part of you and is corrupt. Do you fire the guy who owns the last name of a car? You produce? Do you fire? A French government rep? Who all so sits. On other boards. Do you fire a googler or you do you fire the one person of color? For approving, the remuneration committee, which of these people gets the joy of being fired. First, Emma, you're the only one playing who wins. Um well it can't be Mr. My dad or my great-grandfather built, like a car that I now make billions off of. I can't be Mr. Family company owns a soccer team. Once once you're owning sports teams, you can't be fired. That's not a thing. And then oh, then there's a guy from the government. So he's basically the government appointees, so he can't go that guy. And then we have someone connected to Google, you don't want to separate any Google ties. She has to stay. So unfortunately, I do believe that we are left with poor one Ling. Martello I'm A person of color who shares her immunization committee is decidedly, not a billionaire or a white man is the one you fire, by the way, wandling. Martello You are highly accomplished but nice try trying to change your last name to something Italian sounding for this board, but white male billionaires. They actually once you cross the threshold into white male billionaire, you get this heightened sense for both poorness and colors, so they are fully aware that you are neither a white male billionaire. You're not white or a male billionaire, they know, they know, they can feel it, it's like pheromones that get. But I do, I do hear that. Twitter will be in the market for a whole new board. So, check in next year, maybe you'll be there. I, you know what I heard. I heard that white male billionaires, instead of having a sense of smell, they just have a sense of the poorest and the culture of the richest of culture of those around them, which is why they don't season their food properly, they have no sense of smell. How would they know? They can only sell? Yeah, the empirical I'm interested in this. Let's follow. I can study well, studies about billionaire sense of smell. Emma, Emma, topless I'm hungry. Here's some Emma topus for you. I got five headlines and a little bit of info and Matt might have some commentary. I don't know. We'll see about that. I might shut that down depending on how much I liked it, which is probably going to be very little. All right, headline, number one, Amazon is ridiculed for trying to motivate Easter Sunday workers with a raffle to win water and a bag of chips. So picture, this you are an Amazon warehouse worker coming into work on Easter Sunday, and you are greeted with the most pathetic holidays incentive, which is workers, who picked products above a certain speed would be entered into a raffle. So you don't even like you're entered into a raffle. You don't even have a chance of winning anything at that point. Yeah, you're entered into a raffle. In the winner of said, raffle the grand prize could win their choice of either a water or a soda and I either a candy bar or a bag of chips to things, I, if I were that worker, I would not really feel incentivized to work harder, or more, or on holidays, in the future. And the following tweet from Brian Merchant really sums up my feelings better than I ever could. He said, Amazon is really stepping up their union busting game here. What worker would want to bother organize. Their already getting checks notes. A chance to win a two dollar Snack Pack. If they do uninterrupted backbreaking labor for 10 to 12 straight hours, while working on Easter Sunday. Yeah, Brian, I'm with all right. Yeah, to be fair though. Oh, to be fair, one of the, one of the options was a bag of Saint, Eric's chips now. Do you know what saint Eric's chips are? Oh, are those like Fuji hipster chips there? There, there there is a place in Sweden where they sell a box. Of five potato chips for 56 dollars. In the 506. Yep, I'm not joking. This is a real thing. Look this up people five potato chips. The chips are flavored with matsutake, mushrooms, truffled seaweed India, Pale Ale Warwick Crown, Dill Lex and onion and almond potatoes. From these are all of those things on one chip know. That's one tasting you. It's a taste. It's a chip taster that you have with your beer. so, this is like, Incentive, that's all I'm saying. You gotta be fair to Amazon. That was one guy. 56 dollars worth. All right, the headline. Number two. Judge declares Federal public transportation mask, mandate unlawful. Can we guess where this judge was from? Oh, is my favorite game, Maine know? No. Thank same Coast way. Farther, south and give me only one state. It's only ever one state. Yeah. It is Florida. Yeah, she's from Florida. And guess who appointed this judge? Come on, so close, our president. Ted Cruz know if it was our former president Trump and guess, which Transportation companies have already revoked their mask mandate. So this happened on, I think this happened on Monday this announcement and it is currently Tuesday. Today is Tuesday. And here are all the companies that have already revoke their mask mandate United, Delta, Southwest Alaska, Air American, JetBlue Spirit, Uber Lyft, the DC Metro and Amtrak. Wow. Yeah, look judge, can you brown spent a week? Being told? She was a moron and anti-white despite being one of the most qualified people ever ever for the Supreme Court meal. This judge There's a white female appointed by Trump for life. It's a lifetime position at age. 33 was rated was rated, not qualified by the American Bar Association and prior to getting the job. As a federal judge had only taken part in two trials in her entire life, both of which were one day trials, while she was still in law school. I didn't know, it was so easy to become a judge. I'm concerned. Speaking of speaking of Elsewhere, there aren't enough qualified black people to be executive or board and be on a board of directors. So just so you know, I'm considering a career switch. I had no idea that you could be years away from. I know I was about to say, give me like nine years and it sounds like I'm ready to be a judge and I don't even have to go to trials, or Pass the bar also, I didn't know that you could be rated as unqualified by the American bars, so station that I want a list of all the people who are rated as unqualified, that would be great. All right? Next up, we have Elizabeth Warren says, it's obvious. Why lawmakers shouldn't trade stocks, whether you're a Republican senator or a Democratic speaker of the house. So, yeah, hearing a little bit of call out action. There, there's basically only one thing that I want to point out about this headline. Other than the obvious, which is that. She specifically says that lawmakers should not be able to trade individual stocks. She doesn't want to take away legislators like, 401K, is that their index funds, like she doesn't care about that and I feel like that's what people often miss about her whole rhetoric. It's like, no, we just want to stop corporate interests from coming in to legislating. That's it. We don't care. We want you to have a retirement. No one's interested in taking away your retirement. So we're looking at you Nancy Pelosi. Queen of stonks, let's see how this goes. I do, I think that all lawmakers should actually be forced to hold their assets in like a weird cryptocurrency. Like, I found this one, it's a Japanese crypto called monacoin, and his dedicated to people who love cats. And that's a real thing, I think that is the only thing they should be allowed to trade, actually. I like cats. Should I make Otis coin's? Otis is yes. Yes, you should. All right, that's all I need to do list. It'll be get checked off soon. All right. Number four. Wingstop haven't heard about Wingstop in a second. Have you Wingstop is selling chicken wings that it says taste like 420. They are selling. This is the name of it. They're selling blazed and glazed chicken wings whose flavors supposed to mimic that of weed with hemp seeds, terpenes strawberry and cayenne pepper though, it is only a two, on their hotness scale. So it's not very hot. If you're into spicy wings, they were careful to say that the wings won't actually get you high, which is pretty disappointing, but I appreciate the effort anyway and felt the need to okay. Did they say that this is only sold in the metaverse and in the metaverse? All chicken already tastes like weed because if you're in the metaverse it's like a prerequisite. I think everything tastes like weed when you're in the metaverse because when you're in the metaverse that's that's when you're hot, that's what it is. That's what it is. I do feel the need to correct that if you are interested in the blazed and glazed chicken wings, Matt is lying to you there. 100. Ten available in person. Moving on, Boom. Number five, Tesla like apple will now make you buy a charger for your car separately. This I included this basically just to bring any Elon lovers or apple addicts Down to Earth because I feel like those people are really trying to push for how good those companies are for Humanity and apples the adult in the room. Yeah, Elon saving the Earth with his electric cars, blah, blah, blah. But I counter with this, Who sells something that won't function without another crucial element that you have to purchase separately, it makes no sense and it's rude. If this isn't an obvious money, grab, I don't know what is, well, that's all. How is he gonna fund his Twitter purchase with without charging took charge his cars? Oh no, I know himself, get over yourself. You love apple. And you love Tesla's and all you want, is this so that Elon can go purchase Twitter and waste our time. That's what you want. No, I want him to keep alive on Twitter, about having secured the funding, and having judges call him out for it. That's what I want. Those were some delicious Emma's top us. That is our show for today. We are Freeport media's business pants. It's looking right there and I am scaredy Damian Rallis. Is actually I think in the metaverse eating wings. So we'll have him check back soon. And tell us how much weed was in the wings. He ate totally, we'll be back tomorrow. I don't think I'm gonna be here. I may have Tech problems because they're doing construction in my room, but someone will be back tomorrow with more business pants. Goodbye.