I just had a bit of genius idea. I'll share it.
(I keep writing stuff on Google+ which swallows up my comments and gives me no way to search for them). I've been considering the similarities and differences between the Tea Partiers and the 99ers. I have less sympathy for the 99ers because they don't know their enemies and are even more incoherent than the Tea Party rabble. But within their ridiculously large scope of concerns are some legitimate ones about public bailouts.
In one of those discussions on G+, somebody mentioned the pain problem of golden parachutes, with which I actually have no beef. No corporation dispenses with all that moolah if it needs it. In other words, no board of directors worth beans would allow for a CEO or other exec to take shareholder money out of the corporation. But then you have to ask questions about shares...
What if corporations, in order to receive a lower tax bracket, were required to issue a certain fraction of their shares as voting shares? And what if these voting shares could not be proxied? That would mean that such corporations, in putting significant questions before the shareholders would have to hold the sort of elections that probably have not been possible. But we can certainly do that with our new technologies.
This would bridge the gap between the foolishness of these populist movements and the recklessness of the boards of directors by empowering shareholders.
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