Greedy Corporations Seek Favorable Legislation in Texas

In a controversial move, Texas lawmakers are advancing a bill that would restrict shareholders from suing corporate executives for financial misconduct, effectively shielding corrupt leaders from accountability. The legislation targets smaller investors—those owning less than 3% of a company’s stock—an arbitrary threshold that nearly excludes all typical shareholders, empowering only large Wall Street investors who are unlikely to challenge fellow affluent executives. Critics, including Jim Hightower, argue that this creates a “protection racket” for corporate misdeeds, advocating instead for more ethical governance that benefits everyday citizens. Additionally, Hightower highlights the growing problem of light pollution obstructing our view of the night sky, urging a return to sensible lighting practices that balance the need for illumination with the preservation of our natural celestial heritage.

Greedy Corporations Seek Favorable Legislation in Texas

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