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Comment: Re:Receiving 2.1 trillion roubles (Score 1) 64

by tokul (#42453775) Attached to: Russian Space Industry To Receive $69 Billion Through 2020

A lot of money in any case.

Lets put it in perspective. 10 billion a year. Lots of money to burn on rockets.

Or 1/10 of Russia's military budget for the same time period. two times less than promised increase in military expenditures. less than 3% of federal budget for 2011.

Given than budget is funded by exports of natural resources, I would say that they expect slight increase in oil/gas prices and bigger profit margins.

Space travel is fascinating, but it causes less worries for politics than health care, social policies or military.

Comment: Re:I'm .. I'm stunned! (Score 1) 768

That's a common fallacy. There is no US statute, state or federal, that requires "maximising shareholder value"

You can call it a myth. If CEO does not use tax havens, he or she will be outvoted in next shareholders meeting in favor of CEO who does it. It is not in US statute. It is only corporate version of Darwin laws.

A morsel of genuine history is a thing so rare as to be always valuable. -- Thomas Jefferson

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