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Old 08-25-2009, 07:46 AM   #41 (permalink)
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Quote:
For those that don't know, in the late 1800s, corporate lawyers perverted the Bill of Rights by pushing through the idea that corporations should be allowed the legal status of "person", thus allowing corporations constitutional rights. They gave a thing constitutional rights. Let me put it this way, compared to corporate personhood, George W. Bush was one of the most brilliant and capable defenders of the constitution in history.

Finally, finally, this absurd idea is being challenged in from of the Supreme Court. This is one of those pivotal moments when we find out if the US government is ultimately good or bad. If the SCOTUS upholds coprorate personhood, now would be a great time to check out the Canadian classifieds. If they realize the insanity of the concept and choose to overturn the idea, there may be hope yet.

This is a huge deal, so don't expect to see it on the news.
QFMFT.

Quote:
Members of congress should have to wear patches on their suits for all their "sponsors", like those nascar jumpsuits. Imagine how much would change if everyone could look on CSPAN and see who they really work for.
Likewise.

Glad to see this is finally being challenged. Corprate Personhood is a market distortion of unbelievable scope, and primarily responsible for much, if not most, of the difficulties in which we find ourselves today. Eliminate that, and you eliminate all possibility of these hyper-expensive bailouts, not to mention atrocities such as denounced by Maj. Smedley Butler which have continued from his day to ours, simply by removing the Corporation's ability to interact with the Gov't. and making individual stockholders and company officials personally liable for their malfeasances and malpractices. Can you imagine someone actually being able to sue Halliburton or Blackwater Directors personally, without the shield of Corporate Personhood and the Corporation's deep pockets and Gov't connections to hide behind? No more plausible deniability, Mr. Prince, you murdering mercenary bastard!

Finally.
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Old 08-25-2009, 09:29 AM   #42 (permalink)
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Originally Posted by The_Dunedan View Post
QFMFT.



Likewise.

Glad to see this is finally being challenged. Corprate Personhood is a market distortion of unbelievable scope, and primarily responsible for much, if not most, of the difficulties in which we find ourselves today. Eliminate that, and you eliminate all possibility of these hyper-expensive bailouts, not to mention atrocities such as denounced by Maj. Smedley Butler which have continued from his day to ours, simply by removing the Corporation's ability to interact with the Gov't. and making individual stockholders and company officials personally liable for their malfeasances and malpractices. Can you imagine someone actually being able to sue Halliburton or Blackwater Directors personally, without the shield of Corporate Personhood and the Corporation's deep pockets and Gov't connections to hide behind? No more plausible deniability, Mr. Prince, you murdering mercenary bastard!

Finally.

It is interesting how you follow one side of the symbiotic relationship, but not the other. The existence of the Fed and the FDIC is an even larger distortion of the market. When these companies know that every risky transaction they engage in are insured by the feds, they have no problem giving homes to the unemployed. Hence, the Fed can push a political policy into reality through insuring what stockholders would never insure (through their investments). The normal free market would never take the risk that the Fed affords them. Simply put, it works both way - keep the free market (corps) out of the government and the government out of the free market.
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