The management is not that dumb. If they felt that they owed the posters nothing, the number of posters would soon dry up, as would the donations that keep FR going.
FReepers have the most important power when it comes to this site: we can vote with our (electronic) feet and with our wallets. The management has to respect the wishes of the posters, or else this site would turn into a virtual ghost town. Jim Rob and company seem to get that, even though you don't seem to.
Hogwash. The management doesn't have to respect diddly. This is a private venture, and one Jim runs for his own purposes, namely those stated explicitly on the home page. That simple English is what YOU don't seem to get.
I've seen my share of bloodbaths around here when people start dictating policy to the ownership. But feel free to add your name to the roll of martyrs who have demanded their imagined "rights." It might be good for a chuckle or two before you hie off to Zotland.