Boycott Home Depot!...The owner, Bernie Marcus is racing to help fund Trump's campaign.

[Stuart G]

He is sure there will be no consequences to what he does....Go somewhere else. Why?
,,2 Reasons...
A...Marcus's wealth is in the stock he owns from Home Depot
....Most Important.
B:.Marcus is sure that supporting Donald Trump will have no effect on his wealth or
..........or his resources. He gives away a lot of his money to many causes...but his attitude is similar
to Donald Trump...and it is....."I can do anything I want, with NO COSEQUENCES"

. Here a link to that story. Posted by BlueWavePsych

https://www.democraticunderground.com/10142584377

[dware]

1. I can't, nor want to,

I make deliveries to various Home Depot's throughout the S. Western US, I also have a daughter who works at Home Depot.

[Stuart G]

4. Ok, some can't for personal reason...Then everyone else should

..The founder supports Trump with lots of money. I am against his investment being worth more..

It should be worth less..

[Croney]

2. He retired 18 years ago, so unfortunately a boycott of HD is not going to hurt him.

He's another rich jerk throwing his money down a hole.

[Stuart G]

6. Perhaps he has stock in that company.. Maybe he still has an investment of

some kind. We can shop elsewhere. We don't have to shop at a company he founded and got
the money to support Trump from. (even if he sold it)

[dlk]

3. I shop at Lowe's

[Ritabert]

15. Me too.

Haven't been in the Depot for years.

[sarisataka]

16. Thats funny

because if you check places like opensecrets.org you will find their PAC donations run about 70-30 favoring Republicans. The Home Depot PAC is closer to 55-45.

It is true the founder of HD is a huge Republican supporter with his money going about 99% Republican. What isn't true is that he still owns HD. A simple Wikipedia search will confirm he retired in 2002.

[dlk]

25. I shopped at Lowe's long before Trump

Many corporations and retail outlets donate more to Republicans than Democrats. They go with who is currently in power or who they think will be in power. It’s a circle-elect more Democrats and more corporations will increase donations to Dems.

[Enterstageleft]

5. Home Depot is always my last choice.

The help at Lowes & Ace Hardware are so much friendlier & knowledgeable.

Ace is slightly more expensive, but worth it.

[dware]

10. That hasn't been my experience with the HD's I deliver to,

I've always had good interactions with HD employees, get me into a dock as soon as possible and get me unloaded quickly, and offer the use of their facilities. IE, lunchroom, employee bathrooms, etc.

[Disaffected]

24. Yeah, Home Depot sucks in the help department,

We have a smaller equivalent here called Home Hardware - excellent help & service.

[In_The_Wind]

7. After the truth came out months ago (about Marcus) I stopped shopping at Home Depot.

I boycott Trump supporters whenever possible. I will continue to do so even after the election.

[dware]

11. Except that Bernard Marcus retired in 2002,

he's no longer the CEO of HD.

[In_The_Wind]

17. I'm way behind on the who's who among the uber-rich.

[DBoon]

8. If our other choice is Amazon, what then?

Personally I would choose Amazon as the lesser evil.

[DavidDvorkin]

9. He is not the owner of Home Depot

Why do people keep repeating this?

[Stuart G]

12. Perhaps he is ..".Not the owner"..but still has an investment..Does he? Do you know?

I suspect he does. Types like this always keep some of their investment in money making companies.

I will look it up.

[DavidDvorkin]

21. I'm sure he does

I'm sure he also has large investments in many other companies, and that many other people have investements in Home Depot. That tells us nothing.

[Ms. Toad]

34. By my calculations, approximately 98% of Home Depot is owned by someone

other than Marcus.

[DavidDvorkin]

36. Interesting!

[dware]

13. Been wondering that myself,

it's been pointed out numerous times that he's no longer the CEO of HD.

[PoindexterOglethorpe]

23. They keep on repeating it because they see it posted

elsewhere, and are too effing lazy to double check.

Hope we get to cross paths in person again someday in the future. It probably won't be soon, alas.

[DavidDvorkin]

30. It will take a good vaccine, I'm afraid.

[PoindexterOglethorpe]

31. Oh, I agree.

This is going to go on far, far longer than people expect. Or could have anticipated in their worst imaginings back when this first started.

While I very much miss my travels, especially my many science fiction things, I am much better off than many people, and I know that.

[Stuart G]

14. Yes, Marcus owns stock in Home Depot.His wealth is in his stock....shop elsewhere..

google search:

When Bernie Marcus announced in 2019 that he would financially support the Donald Trump 2020 presidential campaign, it triggered calls for a boycott of Home Depot, even though Marcus was no longer with the company. In a June 2019 interview," Marcus said most of his wealth is in Home Depot stock."

7th Paragraph at this link:
or last paragraph about his Career

https://en.wikipedia.org/wiki/Bernard_Marcus

[Ms. Toad]

32. While it is true that a sizeable chunk of his wealth comes from

Home Depot - the reverse is not necessarily true.

Home Depot is a publically traded company - and is owned by anyone who owns stock. I would not be surprised to find that I own shares of Home Depot. (I own one individual stock - but I own several mutual funds, which might well hold Home Depot stock. I screen my mutual funds for investments in tobacco, guns, and war - but not home improvement).

His net worth is estimated at 6.2 billion. Home Depot's stock is valued at approximately 302 billion (275.19 (today's price) x 1.097 billion (estimated outstanding shares). So if 100% of his net worth is invested in Home Depot stock, he would own a whopping 2% of the company.

Boycotting Home Depot a decade ago when he was CEO is one thing - Home Depot could fire him in response to the boycott.

Boycotting Home Depot for something it can't fix (the reality that he still owns shares of its publically traded stock) is pointless - and hurts those who who own the other 98% of the company, not to mention the employees who might be laid off if the boycott is successful.

[sarisataka]

18. Go somewhere else...

any suggestions?

[Stuart G]

19. Anywhere, no suggestions, maybe someone else has suggestions.

[Baitball Blogger]

20. There are some things I can't get from Lowes, so we do shop in Home Depot.

But their service better be spot on, or my customer satisfaction response will not be kind. There is one item we purchased recently that really went south, and we're waiting for them to make it right. And waiting. Tick, tock.

[Stuart G]

22. I think that is OK. But Marcus is absolutely sure there are "no consequences" to his giving

some of his wealth to Donald Trump...Think about this,

What would we think about Bill Gates if he gave lots of his money to help Donald Trump's reelection?

What would happen to Gate's reputation and image of his foundation?
How would people feel about Bill Gates?

[cwydro]

26. No, he retired,

Keep seeing this trotted out every now and then.

[Stuart G]

27. See post 14 & 22.Most of his wealth is in his stock..If stock goes down, less wealthy..

Stock will go down, if less sales at Home Depot....it is that simple..shop elsewhere.

[cwydro]

28. I don't shop there.

Never liked the place.

[Ms. Toad]

33. So are the individuals who own the other 98% of Home Depot.

[kimbutgar]

29. We only go to Home depot as a last resort

But I recently found a locally owned hardware store that had exactly what we were looking for and a store person happily explaining to us how we could install it. No one at Lowe’s or Home Depot offered us assistance. I also miss Orchard they were so helpful!

[musicblind]

35. Ew.

There's not one anywhere near me, though. Everything around here is Lowe's.