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.

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Intro Music: https://aloststateofmind.bandcamp.com/
https://www.youtube.com/watch?v=xYKbTG3MdQI

Links
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https://bit.ly/RogueMediaCoop
http://twitter.com/RogueMediaCoop
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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
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https://www.reddit.com/r/Socialism_101/comments/oqszwr/hobbies_and_socialism/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
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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/
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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

#281: Stock Buy Backs and Corrupted Capitalism