Big Business Whining
Filed under: Investing — @ 3:00 am
Steve Forbes thinks the Obama administration is anti-business. I prefer to think of it as pro-constituent. Big business, when left to their own devices, drives greed to excess. They describe it as ’shareholder value’ but shareholders always seem to get the short end of the stick. When the stock goes down, management still gets paid..with generous bonuses I might add. What Mr. Forbes fails to realize is that business leaders have lost a good measure of credibility over the past several years. Thus, their complaints about ‘anti-business’ policies mostly land on deaf ears.
Steve Forbes has a view of the past
Where too many villains are cast
In business at large,
But they earned the charge
With avarice and greed unsurpassed.
