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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Tradelite who wrote (13118)8/24/2003 1:37:52 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
Tradelite, if you are going to lecture me on James Madison, I suggest you read his work. It is obvious you didn't "get" what I was saying.

Businesses in this state, at least at this point constitute A MINORITY in Madison's context. As do new buyers. Tech businesses support overturning these laws but they are drowned by the populist masses. Except the populist masses NEED business so that is a minority that representatives are supposed to protect, to a degree. The proposition system let this happen, and whats really terrible about it, is we have propositions that essentially "compete" (98 and 13).
markforfreedom.com

The CA situation reminds me a little of shareholder revolt, where shareholders are voting on CEO pay packages. Shareholders can vote to pay a CEO $1 if they want, but they cannot force anybody to take the job of CEO. Which is why BODs are supposed to exist, to represent shareholders with a little more maturity than your average knee-jerk shareholder. They haven't done this recently of course but enacting some of these shareholder proposals would be just as deadly to companies as these rogue CEOs.