Force Boeing to sell their shares before they receive a Taxpayer Bailout. No to Buybacks!!

Force Boeing to sell their shares before they receive a Taxpayer Bailout. No to Buybacks!!

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Mark Polk started this petition to U.S. House of Representatives and

Boeing is facing a true crisis, as are most Americans during the recent Covid-19 pandemic. The crisis for many is not one of their own makings and most people will have to face the consequences as we all endure the unknown future. Boeing, on the other hand, is facing a crisis of their own making, due to their stock buyback program that has left them with little to no cash because of their poor decisions. 

Boeing has asked for government bailouts to help them weather the pandemic. Boeing had problems before this pandemic and would have had financial problems even if this pandemic did not exist. They repurchased over 100 billion dollars of their own stock to inflate the earnings of their executives. Money that could have been used to fix the 737 Max problem, create new jobs, and design better aircraft. They rolled the dice and lost. Now they want taxpayers to provide them free money. I and many others say No. 

Before Boeing receives "any" taxpayer bailouts, they need to sell their shares. The shares still have value. Also, separate their military business from the civilian side or citizens will pay more there. Require Boeing to do something to save themselves the American way and not via bailouts. 

I care about saving taxpayers from corporate malfeasance. 

0 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!