I don't like stock buybacks. I think if a company has the money to buy their stock back, then they should take that and increase the dividends. Send it back to the stockholder. Let them invest their money again from the dividends. ↗
As to whether the people who were supposedly to put up the money and did put it up or whether it was Arthur's own money is something which I shall never know. ↗
We pass bills authorizing improvements and grants. But when it comes time to pay for these programs, we'd rather put the country's money toward tax breaks for the wealthy than for police officers who are protecting our communities. ↗