Quote:
Originally Posted by koputai
Only 25% required to vote against, that's ridiculous, and it's not democracy.
Actually, it's closer to socialism. This is typical of our stupid Labor government. They are doing their absolute best to move this country away from being a place where hard work is rewarded, to a place where sitting on your r's and whinging is rewarded.
Cheers,
Jason.
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Jason ,I realy don't think you read the article too well.
It is the Share holders who are doing the voting not the government .
Just an aside Rupert Murdock does not own the majority of shares in News Corp, but owns a controlling interest of only about 21 % but that is the biggest lot of shares by one person or family.
Obviously you are in favour of the greedy old boys club of executives.
Read the article again and you may get a better understanding of the law,instead of blaming the government for what is what the shareholders want, some protection against corperate greed.
Rant over
Cheers
PS Jason, are you from the USA ? Why I ask is that in the states if you want to kill a bill in congress or the Senette,just call it socialism or Communism and it is just about dead in the water.
Thats how big business controls the masses over there and that tactic is also used here by certain people to achieve their ends.