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I dont disagree with this, but it started much earlier.Not really, Congress is allowed this in the Constitution as I pointed out earlier. Also, the federal government puts all kinds of stipulations on the far majority of the money it hands out. You ever try to manage a federal grant?I am not sure I agree with this entirely. Corporations who have the most return for thier stockholders generally require talented management on the upper levels. The way they are able get the best management is through salary and other perks. You want a well run company? Its gonna cost $$In many cases management makes up a considerable portion of the stockholders so often times they are one in the same. I wont disagree that in some cases the upper management have abused thier power and probably been greedy, but they are accountable to thier shareholders, and ultimately thier customers. When all of a sudden, the US government is a major shareholder, they should be able to make thier voice heard in the same way a block of normal shareholders would.
I dont disagree with this, but it started much earlier.
Not really, Congress is allowed this in the Constitution as I pointed out earlier. Also, the federal government puts all kinds of stipulations on the far majority of the money it hands out. You ever try to manage a federal grant?
I am not sure I agree with this entirely. Corporations who have the most return for thier stockholders generally require talented management on the upper levels. The way they are able get the best management is through salary and other perks. You want a well run company? Its gonna cost $$
In many cases management makes up a considerable portion of the stockholders so often times they are one in the same. I wont disagree that in some cases the upper management have abused thier power and probably been greedy, but they are accountable to thier shareholders, and ultimately thier customers. When all of a sudden, the US government is a major shareholder, they should be able to make thier voice heard in the same way a block of normal shareholders would.