Thursday, September 20, 2012

Germany’s Upper House To Vote On Gender Quota In Corporate Boardrooms


Following In The Footsteps Of The European Union

I have previously already written a blog post what I think about this big government overreach committed by the European Union.

The German Upper House (Bundesrat) is scheduled to vote as early as tomorrow (9/21/2012) on this subject. According to news reports (in German language) it is likely that such a misguided gender quota will pass.

The bill stipulates a two stage phase in: Beginning in 2018 a 20% quota will apply and beginning in 2023 it has to be at least 40% women on corporate boards. Why not 100% women?

A Massive Intervention In 
Property Rights & Freedom Of Contract

This example unequivocally shows that democracy and a constitution or the rule of law are no guarantee that individual freedom and property rights are protected from big government.

Thank goodness, the USA has not yet followed such dangerous follies. That is a beacon of hope, but a tiny one given the many follies of the USA like ObamaCare.

Such nonsense speaks loudly of the miserable quality of elected representatives in Germany. What is next?

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