Move over, Dow Jones. There’s a new player in town, and it’s lost its sense of humor. A consortium of American and Canadian independent truck drivers has formed a new stock exchange to compete with the established big boys. The name they’ve chosen reflects truckers’ economic reality: Standard Poor.
Co-founder Rusty Rayser said to reporters, ‘$1500 a month truck payment. $1000 a month insurance. Filling up a truck that only gets 6 miles per gallon with $5 diesel. No pay for downtime at the warehouse. Being poor is our standard state of existence. So we’ve come up with a way to make the bad employers poor, too.’
The new exchange’s listing fees for companies will be based entirely on how well they treat their drivers. ‘You cover their expenses, make sure their families see them more than 10 minutes a month, don’t waste their time, and we’ll list you for $5. If you treat them like serfs, which is entirely too common, the fee is $3 million.’
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