Americaโs corporate governance system is broken, and itโs killing public companies. Look no further than Cracker Barrel: Decades of brutal mismanagement have seen one incompetent CEO after another walk away with a massive paycheck while customers and actual shareholders take a beating.
Why does this keep happening? Because proxy advisory firms like ISS are corrupt. They blindly rubber-stamp failing boards year after year, protecting the corporate elite while burning shareholder value to the ground.
The root of the rot is index funds. There's no question that indexing one's money is a smart financial move for most people. But just because you passively index your investments doesn't mean your corporate votes should be handed over to the managers of your fund so they can play politics. Right now, passive funds hold massive, unchecked voting blocks while having zero skin in the game themselves.
It is time for a simple rewrite of the rules: We need to index the votes of index fund investors.
Passive index funds should be forced to automatically split their votes to proportionately mirror those of retail and active institutional shareholders โ the people actually doing the research, risking their capital, and fighting for performance in the companies they hold shares in. No more rubber-stamping. A change like this will immediately strip corrupt gatekeepers like ISS of their toxic influence.
True accountability happens when lazy, overpaid boards actually answer to the stakeholders they represent, rather than screwing them over.
Actual, logic-driven governance when your money is passive happens when your vote passively follows the voting decisions of the actual market.
We need to stop letting passive capital protect active incompetence. By stripping index funds of their arbitrary voting power and empowering engaged investors, we will finally torch corporate cronyism and usher American capital markets into a golden age of capitalism.
Show more
Thank you for your leadership, Mr. Secretary.
To Boldly Go Where No Bun Has Gone Before
From the moment we started accepting Bitcoin payments, Steak n Shake has produced the best same-store sales in the fast food industry.
Bitcoiners continue to help our business. We have never seen an allegiance as strong as Bitcoin holders'. The increased business and savings have helped us reinvest in food quality.
Steak n Shake is a Bitcoin company. ๐
Show more
One small step for man, one giant leap for healthy tastiness!
On October 5, Steak n Shake's buns will officially achieve escape velocity from the seed-oil era. The Eagle's buns have landed, and they're unapologetically drenched in pure Grade AA Wisconsin butter.
Since the day man landed on the Moon, he has sought out new and ever greater challenges. The grass-fed, grass-finished Steakburger with seed-oil free buns has broken through to a new frontier.
Our MAHA voyage continues! ๐บ๐ธ๐๐
Show more
America's military men and women deserve the absolute best food there is. Thank you, Secretary Kennedy!
Chef
@RobertIrvine is revolutionizing the military food program in this countryโgoing base to base and switching out the old food regimen for fresh, real food. Here at Fort Drum, heโs giving our soldiers incredibly high-quality food while doing it at a 26% savings to the Pentagon.
Soldiers are lining up to eat REAL food, and theyโre getting healthier doing it.ย ๐บ๐ธ
Show more
Steak n Shake embraced MAHA, proving that healthier options can also be affordable.
Pasture-raised grass-fed, grass-finished beef (no hormones or antibiotics added, ever) โ
Wisconsin Grade A butter โ
No microwaves โ
Cane-sugar Coca-Cola โ
A2 milk โ
100% beef tallow fries and tots โ
Protein Steakburger (September 1) โ
Steak n Shake will continue to fight the seed oils pervading the food supply chain.
๐บ๐ธMAHA๐บ๐ธ
Show more
M&M and Oreo milkshakes โ the dynamic duo ๐ช๐ช
Served in a frosted, tulip glass for your maximum enjoyment.
The Original Steakburger vs Replica
Steak n Shake is registering its best quarter ever in same-store sales performance.
The savings achieved by accepting Bitcoin payments, along with improving the quality of our products using traditional ingredients and methods of cooking, have been game-changing.
We are creating a new space in fast food: premium-quality burgers, fries, and shakes at reasonable prices.
The power law of Bitcoin cannot be underestimated. Thank you Bitcoiners! ๐งก
Show more
We're proud to be at the Freedom 250 Grand Prix. If you missed it, stop by your favorite Steak n Shake to be reminded of what a wholesome, all-American meal looks like: a grass-fed, grass-finished Steakburger, beef tallow fries, and a milkshake. ๐๐๐บ๐ธ
Show more
Why join Steak n Shake?
We aim to be a MAXIMUM-wage employer in our respective communities. We pay higher wages than McDonalds or Five Guys โ
We offer Trump Accounts โ
We give Bitcoin bonus pay โ
We seek to change the fast food landscape by offering healthier choices, such as 100% grass-fed, grass-finished Steakburgers and 100% beef tallow fries, at reasonable prices.
Show more
Steak n Shake has adopted MAHA principles by offering wholesome fare like 100% grass-fed, grass-finished beef and 100% beef tallow fries at everyday affordable prices.
No longer are the healthier options available just to the affluent, Whole Foods crowd. We are a brand for everyone. CNN can call us up if they'd like the details.
The American people should be encouraged to seek out better-quality food!
Show more
CNN remakes one of the โaffordableโ meals from RFK Jr.โs new cooking show. It should cost under $5 per serving, but whatโs the real price point?
@tomforemancnn reports.
Too much!
Come to Steak n Shake and get a 100% grass-fed, grass-finished double Steakburger with 100% beef tallow fries for less than $7.
Starting September 1, you can switch from our famous beef-tallow, thin and crispy fries to beef tallow crinkle-cut fries at no extra charge.
Better for your health, and your financial health too!
Show more
How much did this meal cost?
Steak 'n Shake launches Protein Steakburger with grass-fed beef in latest MAHA-inspired move
๐ฅ JUST IN: MAHA-aligned Steak 'n Shake is launching a PROTEIN Steakburger, comprised of grass-fed and grass-finished beef with 31g+ protein
It will be available September 1st.
AWESOME!
MAHA is the future ๐บ๐ธ
Show more
I actually ordered this usually with no bun! Itโs the best.
Our new Protein Steakburger is launching September 1!
Real ingredients. Real food.
The Protein Steakburger consists of two 100% grass-fed, grass-finished Steakburgers.
It's the perfect meal after a hard workout ๐ช
Show more