Beastie Boys chief protagonist Mike D has put his weighty beats into the net neutrality debate, forcing US wireless carriers to allow shareholders to vote on the issue. The US Security and Exchange Commission announced this week that wireless carriers including AT&T, Verizon Communications, and Sprint Nextel would be forced to …
Sane, rational and within the rules.
I wonder if Google shareholders would do the same?
After all with something like 10% of *all* internet traffic going through their infrastructure what rules do *they* apply?
thumbs up for this approach.
Shareholders should hold the power
It seems that a lot of corporations now do their utmost to shut the shareholders out of any decision-making. The corps want the money but don't want to actually be accountable (might interfere with the executive compensation committee, you know). Good work from the SEC!
Re: Shareholders should hold the power
Institutional shareholders who refuse to take any actions with their shareholding hold the power and are primarily responsible for not curbing the comp commitees.
Presumably as they are also ran by highly compensated individuals who have a vested interest in maintaining the status quo.
Beastie Boys? Foo Fighters?
Still getting work, are they? Good for them!
Re: Beastie Boys? Foo Fighters?
The Foo Fighters are more than just "sill getting work" - they've not stopped touring or releasing albums in years. Their last album was very successful and their shows still sell out. Sometimes they'll just keep playing for like, 4 hours straight... those dudes have crazy passion and stamina. Definitely still big players.
like our political «representative democracy», has shown itself by and large to be a façade manipulated in their own interests by people with lots of money behind the scene. No wonder the AT&T management reacted with outrage and horror to the proposal of Mike D et al that the corporation's shareholders be allowed to vote on its position on net neutrality, rather than allowing it to be determined by management - such things are simply not done in the best of all corporate worlds ! In any case, it will be interesting to follow these votes - perhaps, after all, the age of miracles is not past ?...
"The proposal from Mike D provides a compelling argument for net neutrality."
So, what was it? Certainly not that vapid generalization about "the prosperity of our economy and society"; that's barely even an argument, much less a compelling one.
Nor are the equally vague and unsubstantiated claims from the IPI, for that matter.
If the Net Neuts have a compelling argument, I've yet to see it.