Though I think there is a role for government law making with regard to boards of directors, the easiest and best solution is for the institutional investors (mutual funds and retirement accounts) that hold up to 80% of the shares to stand up and take responsibility and appoint or hire directors who will look after the long term interests of the company.
The institutional investors are not interested in the long term interest of the company. They're interested in the long term interests of themselves and that means the short-term interests of the company.
The institutional investors are complicit.
Believe it or not, problems of this magnitude do not have free market solutions. Because there are no such thing as free markets.
There are in fact laws about this [wikipedia.org]: you can't generally serve on the board of companies in the same market.
No, you have that wrong. You can't serve on the boards of two competing corporations. When you say "in the same market" it does not mean the same thing.
The CEO reports to the board, and is chosen by the board, not the other way around.
There needs to be new rules regarding boards of directors. For one thing, serving on multiple boards needs to stop. These people tend to be captive to CEOs anyway, and get their positions for that reason. That's how we got to a situation where the top-paid CEOs are not the top performing CEOs. Make a law that you can only serve on one board at a time.
The thing I find the most ridiculous (and stupid) about the whole "Ted Cruz is the Zodiac Killer" meme is that Ted Cruz wasn't even born for some of the killings.
I've been a firearms owner since age 11 and have an Illinois FOI card for decades. I've qualified Marksman and Sharpshooter on Army ranges and have the certificates to prove it. There are a pair of shooting ear protectors in the trunk of my car right now. I doubt I could qualify today, because of old eyes and the caliber of my favorite range pistol is smaller today because of the arthritis in my hands, but I haven't not owned guns since my dad (Bronze Star, member of Merrill's Marauders) gave me my first one.
Moreover you're physical cowards unless you're provoking a few punches from someone while being videotaped.
I have taught Chinese martial arts for 19 years, and have done it exclusively since I retired in 2007.
Your assumptions are evidence that you don't have a clue.
The only place a "social justice war" is going on is in the social normalization of deviance that is taking place inside your head.
If you think "social justice" just means radical feminism and campus PC patrols, then you really have no idea. You are the definition of a useful idiot.
Why exactly should I fight class war or social justice wars, to no benefit to myself but all the benefit to the wealthy politicians and other demagogues that profit off of it?
Why should you fight a class war or social justice war? It really doesn't matter, because there is already a class war and social justice war being waged against you.
So, it's your decision to either fight or lay down. We didn't ask for this class and social justice warfare, the economic tyrants and oligarchs decided to bring this war to us.
It was a dumb comment for sure, but turning this into a matter of class warfare or social justice is orders of magnitude dumber.
What's dumb is ignoring class warfare as the elite drop bombs on your head, and decrying social justice when you're having injustice inflicted upon you every day.
But maybe you're more comfortable in the role of useful idiot. You wouldn't be the first.
I've got a $100,000,000,000,000 Trillion Zimbabwe note to prove it.
I don't know if that's real, but I actually have a 50Billion Yugoslavian dinar bill that has the picture of Nikolai Tesla on it. I have it right here. During the troubles there, they had bills going up to 500,000,000 dinar.
We need to do a proper investigation to really understand who did what and why, but my initial suspicion is that it was Muslim extremists, likely related to the ISIS terrorists that operate in the Middle East, with ties to Mossad.
This is special pleading.. Who are these 'real' scientists you speak of? I'm willing to bet they graduated from such schools, probably with high honors. This legitimacy is marred by the compromised state of the university system, most of which pushes ideology first, critical thought second. That shit has to stop.
You are talking nonsense. If you really believe that every university in the world has been somehow "compromised" by some kind of agenda that would cause scientists from those institutions to push a global warming agenda, then my guess is that you haven't met any scientists.
The only thing that's been compromised is your basic common sense.
At this point, so much silt has been stirred, it's hard to know who's telling the truth
No, it's really not hard to know who's telling the truth.
The "silt" that has been stirred was purposeful. There are some very powerful forces that don't like the idea of consequences. The silt that has been stirred was not stirred by scientists, but by those who are threatened by science.
If you're having a hard time figuring out who's telling the truth, then maybe the problem is not the science, but your discernment capabilities.
In any case I'm clever enough to understand Reagan has been dead for over a decade now, so unless he's a zombie now he is out of this competition...
Well, you were like a pig who found a truffle with that photo of President Obama walking past a Che graphic, I just thought you might want to know that thirty years ago, the great Ronald Reagan chose to pose with a statue of Vladimir Lenin.
Slashdot Mirror
The institutional investors are not interested in the long term interest of the company. They're interested in the long term interests of themselves and that means the short-term interests of the company.
The institutional investors are complicit.
Believe it or not, problems of this magnitude do not have free market solutions. Because there are no such thing as free markets.
Travel across the US sometime to learn that the demise of radio is a long way away.
No, you have that wrong. You can't serve on the boards of two competing corporations. When you say "in the same market" it does not mean the same thing.
Here's the article again. You should read it:
http://www.wsj.com/articles/ce...
And here's the study behind the article:
http://jom.sagepub.com/content...
http://www.wsj.com/articles/ce...
There needs to be new rules regarding boards of directors. For one thing, serving on multiple boards needs to stop. These people tend to be captive to CEOs anyway, and get their positions for that reason. That's how we got to a situation where the top-paid CEOs are not the top performing CEOs. Make a law that you can only serve on one board at a time.
Your mama didn't raise no fools, did she?
It's probably just the meds. I doubled up today..
That doesn't mean what you think it means.
I've been a firearms owner since age 11 and have an Illinois FOI card for decades. I've qualified Marksman and Sharpshooter on Army ranges and have the certificates to prove it. There are a pair of shooting ear protectors in the trunk of my car right now. I doubt I could qualify today, because of old eyes and the caliber of my favorite range pistol is smaller today because of the arthritis in my hands, but I haven't not owned guns since my dad (Bronze Star, member of Merrill's Marauders) gave me my first one.
I have taught Chinese martial arts for 19 years, and have done it exclusively since I retired in 2007.
Your assumptions are evidence that you don't have a clue.
If you think "social justice" just means radical feminism and campus PC patrols, then you really have no idea. You are the definition of a useful idiot.
They're not "the reason". They're just one of the perpetrators.
Why should you fight a class war or social justice war? It really doesn't matter, because there is already a class war and social justice war being waged against you.
So, it's your decision to either fight or lay down. We didn't ask for this class and social justice warfare, the economic tyrants and oligarchs decided to bring this war to us.
What's dumb is ignoring class warfare as the elite drop bombs on your head, and decrying social justice when you're having injustice inflicted upon you every day.
But maybe you're more comfortable in the role of useful idiot. You wouldn't be the first.
This article seems to be saying, "It's not just YouTube that's biased against you. It's the whole world."
Well, thanks for that bit of info, Slashdot. As if I needed more information that late-stage capitalism is designed to crush ordinary people.
I'm saving my money for a Sybian VR.
Let's hope so. I've beaten Netflix and now I'm looking for some new entertainment.
Brother, it doesn't get more out than me.
I don't know if that's real, but I actually have a 50Billion Yugoslavian dinar bill that has the picture of Nikolai Tesla on it. I have it right here. During the troubles there, they had bills going up to 500,000,000 dinar.
I don't know any transsexual hookers who take bitcoin.
If I can watch TV while doing all of that, I'm going to book a room there for the rest of my life.
Does this mean I can order waffles and it won't cost me anything?
There are homeowner exemptions and credits for retired people.
FTFY
He is also NOT a millennial.
You are talking nonsense. If you really believe that every university in the world has been somehow "compromised" by some kind of agenda that would cause scientists from those institutions to push a global warming agenda, then my guess is that you haven't met any scientists.
The only thing that's been compromised is your basic common sense.
No, it's really not hard to know who's telling the truth.
The "silt" that has been stirred was purposeful. There are some very powerful forces that don't like the idea of consequences. The silt that has been stirred was not stirred by scientists, but by those who are threatened by science.
If you're having a hard time figuring out who's telling the truth, then maybe the problem is not the science, but your discernment capabilities.
Well, you were like a pig who found a truffle with that photo of President Obama walking past a Che graphic, I just thought you might want to know that thirty years ago, the great Ronald Reagan chose to pose with a statue of Vladimir Lenin.
I wanted you to gain a little perspective.