08-25-2009, 07:46 AM | #41 (permalink) | ||
Junkie
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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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08-25-2009, 09:29 AM | #42 (permalink) | |
Still Free
Location: comfortably perched at the top of the bell curve!
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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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Gives a man a halo, does mead. "Here lies The_Jazz: Killed by an ambitious, sparkly, pink butterfly." |
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challenged, corporate, court, personhood, supreme |
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