BR_Parkway
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Fri Sep-18-09 05:55 AM
Original message |
What if the SCOTUS ended "corporate personhood" - what exactly |
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would change?
I've read enough of the case to understand (I think) that it would end corporate donations to candidates. Can I take that further to mean it would end lobbying as well? Does it mean CEO's would go to jail if it were found their company broke the law?
What about PAC's & 527's?
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napi21
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Fri Sep-18-09 06:13 AM
Response to Original message |
1. From what I understand, the CEO's COULD go to prison |
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if their co's broke the law in a serious & criminal manner. I'm not an attorney, but about 30 years ago I remember having a conversation like this with our corp lawyers. They told me one of the big reasonscorperations were given a "person identity" was because lawsuits could then be levied against the corp. Apparently you can't sue a "thing" but you obviously can sue a person.
I have to believe a law could be written to at least partially shelter the corp. officers and still hold the corp. entity liable. Something like assigning culpability to a corp. entity for liability purposes, but revokeing "personhood".
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BR_Parkway
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Fri Sep-18-09 09:05 AM
Response to Reply #1 |
3. Makes sense - corps can't make decisions to break the law, only the |
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people running them - throwing some of these people in jail may go a long way towards recovering our country
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Xenotime
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Fri Sep-18-09 09:10 AM
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4. I like where this is going. |
flamin lib
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Fri Sep-18-09 06:49 AM
Response to Original message |
2. I was a Realtor in Texas and I could incorporate BUT the law |
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specifically says that the incorporation cannot be for the reason of protecting the Realtor from law suits. Other advantages included the Corp paying me a salary and inclusion in insurance groups to maximize the pool size, but I could not shield myself from lawsuits which real estate is rife with. It's an emotion laden profession.
There should be precedent for specific powers granted to corporations and limits to other powers as well. For instance: Corporations cannot vote, they can't keep and bear arms, they aren't protected from religious discrimination (churches are and so are individuals) but they are protected to privacy and security under the Fourth Amendment and the IRS treats them differently from both individuals and other business entities.
For me, I'd like to see a law that says that if you can't cast a vote, you can't try to influence politics with money. Unions, PACs, Corporations, churches and lobbyists would all be out of luck with donations, fund raising and advertising.
But that's just me.
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DU
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Tue May 14th 2024, 01:04 PM
Response to Original message |