Rupert is unfit to exercise stewardship of a major international company, and he isn’t the only one

The report of a committee of the British Parliament investigating Rupert Murdoch’s news publishing ventures’ foray into illegal wire taps, hacking, and bribery of police has come out.  Some MPs come right out and dismiss Murdoch as an unfit corporate leader.

 Rupert Murdoch “is not a fit person to exercise the stewardship of a major international company”, MPs have said.

Took long enough. But this truth-telling didn’t go far enough. Not nearly far enough.

It’s not just this one corporation that exhibits bad corporate governance, it is a slew of them. For any MP to take this long to notice is the root of the problem. Same in US in regards to Congressmen.

These monster huge corporations get so big and willfully corrupt because the people elected to office do their bidding instead of the people’s. Corporations buy the legislation to make legal what ever it is they want to do. They buy the legislation to make it illegal for someone to do what the corps don’t want people to be allowed to do. If huge multi-national corporations are being run badly, it is because pols let people like Murdoch buy government and order legislators around.

Rupert is a vile human being and he seems to reward results at any cost. He isn’t alone in that. Failure to regulate is the problem. Push-over pols who are nothing but whores are the real governance problem.

Glad somebody is starting to get vocal. Now, if the good MPs will just get some spines and start dealing with bad corporations. Same here in the US with Congress. The world is a mess because ‘capitalism’ owns governments and there is no such thing as ‘free market’ The market is owned and manipulated. The people are lost to the wolves.

Rupert is the tip of the very big iceberg. He’s old and not long for this world, so he is a safe scape goat for the whole stinking system.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s