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david derouen

Ultimate Civics » Blog Archive » Corporations Are Not Persons - 0 views

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    By Ralph Nader & Carl J. Mayer New York Times, April 9, 1988 Our constitutional rights were intended for real persons, not artificial creations. The Framers knew about corporations but chose not to mention these contrived entities in the Constitution. For them, the document shielded living beings from arbitrary government and endowed them with the right to speak, assemble, and petition. Today, however, corporations enjoy virtually the same umbrella of constitutional protections as individuals do. They have become in effect artificial persons with infinitely greater power than humans. This constitutional equivalence must end. Consider a few noxious developments during the last 10 years. A group of large Boston companies invoked the First Amendment in order to spend lavishly and thus successfully defeat a referendum that would have permitted the legislature to enact a progressive income tax that had no direct effect on the property and business of these companies. An Idaho electrical and plumbing corporation cited the Fourth Amendment and deterred a health and safety investigation. A textile supply company used Fifth Amendment protections and barred retrial in a criminal anti-trust case in Texas. The idea that the Constitution should apply to corporations as it applies to humans had its dubious origins in 1886. The Supreme Court said it did "not wish to hear argument" on whether corporations were "persons" protected by the 14th Amendment, a civil rights amendment designed to safeguard newly emancipated blacks from unfair government treatment. It simply decreed that corporations were persons. Now that is judicial activism. A string of later dissents, by Justices Hugo Black and William O. Douglas, demonstrated that neither the history nor the language of the 14th Amendment was meant to protect corporations. But it was too late. The genie was out of the bottle and the corporate evolution into personhood was under way. It was not until the 1970's that corporations
Levy Rivers

Mark Green: 7 Days in America: Will McCain Put Reputation First at Wednesday's Debate? ... - 0 views

  • I understand how ambition can warp judgment. But your recent personal attacks on Barack Obama are so beyond the pale for presidential politics that you now face a fateful choice by the Wednesday debate -- will you pull back from the abyss of sleazy slander or risk losing not only the election but also your reputation and honor?
  • First, it's wrong and you shouldn't engage in such self-immolating behavior. Second, it's backfiring -- since polls show the gap widening since voters care a lot more about their jobs and 401(k)'s than Bill Ayres. Third, while a loss is a loss, for down-ticket Republicans, an Obama win by 10 points rather than by 4 points can be the difference between 56 and 60 seats in the Senate, between 245 House seats and 260 House seats.
Sarah Eeee

Income Inequality and the 'Superstar Effect' - NYTimes.com - 0 views

  • Yet the increasingly outsize rewards accruing to the nation’s elite clutch of superstars threaten to gum up this incentive mechanism. If only a very lucky few can aspire to a big reward, most workers are likely to conclude that it is not worth the effort to try.
  • It is true that the nation grew quite fast as inequality soared over the last three decades. Since 1980, the country’s gross domestic product per person has increased about 69 percent, even as the share of income accruing to the richest 1 percent of the population jumped to 36 percent from 22 percent. But the economy grew even faster — 83 percent per capita — from 1951 to 1980, when inequality declined when measured as the share of national income going to the very top of the population.
  • The cost for this tonic seems to be a drastic decline in Americans’ economic mobility. Since 1980, the weekly wage of the average worker on the factory floor has increased little more than 3 percent, after inflation. The United States is the rich country with the most skewed income distribution. According to the Organization for Economic Cooperation and Development, the average earnings of the richest 10 percent of Americans are 16 times those for the 10 percent at the bottom of the pile. That compares with a multiple of 8 in Britain and 5 in Sweden.
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  • Not coincidentally, Americans are less economically mobile than people in other developed countries. There is a 42 percent chance that the son of an American man in the bottom fifth of the income distribution will be stuck in the same economic slot. The equivalent odds for a British man are 30 percent, and 25 percent for a Swede.
  • Just as technology gave pop stars a bigger fan base that could buy their CDs, download their singles and snap up their concert tickets, the combination of information technology and deregulation gave bankers an unprecedented opportunity to reap huge rewards. Investors piled into the top-rated funds that generated the highest returns. Rewards flowed in abundance to the most “productive” financiers, those that took the bigger risks and generated the biggest profits. Finance wasn’t always so richly paid. Financiers had a great time in the early decades of the 20th century: from 1909 to the mid-1930s, they typically made about 50 percent to 60 percent more than workers in other industries. But the stock market collapse of 1929 and the Great Depression changed all that. In 1934, corporate profits in the financial sector shrank to $236 million, one-eighth what they were five years earlier. Wages followed. From 1950 through about 1980, bankers and insurers made only 10 percent more than workers outside of finance, on average.
  • Then, in the 1980s, the Reagan administration unleashed a surge of deregulation. By 1999, the Glass-Steagall Act lay repealed. Banks could commingle with insurance companies at will. Ceilings on interest rates vanished. Banks could open branches anywhere. Unsurprisingly, the most highly educated returned to banking and finance. By 2005, the share of workers in the finance industry with a college education exceeded that of other industries by nearly 20 percentage points. By 2006, pay in the financial sector was again 70 percent higher than wages elsewhere in the private sector. A third of the 2009 Princeton graduates who got jobs after graduation went into finance; 6.3 percent took jobs in government.
  • Then the financial industry blew up, taking out a good chunk of the world economy. Finance will not be tamed by tweaking the way bankers are paid. But bankers’ pay could be structured to discourage wanton risk taking
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    (Part 2 of 2 - see first part below) What impact do the incredible salaries of superstars have on the rest of us? What has changed, technologically and socially, to precipitate these inequities? This article also offers a brief look at the relationship between income inequality and economic growth, comparing the US throughout its history and the US vis a vis several European countries.
Skeptical Debunker

Radical Anti-tax Groups Growing Threat, Say Law Enforcement - Local News | News Article... - 0 views

  • Stack's manifesto offers insight into his personal journey as a tax protester - and into the large and growing movement that attracted him. Passages of Stack's manifesto suggest that he was involved in a notorious home church scheme that was popular in the part of California where he lived before he moved to Texas, MacNab said. Stack wrote that he was part of a group who held tax code readings and "zeroed in on a section relating to the wonderful 'exemptions' that make institutions like the vulgar, corrupt Catholic Church so incredibly wealthy." He said they had "the best high-paid experienced tax lawyers in the business." MacNab said Stack likely was referring to a notorious scheme run by lawyers William Drexler and Jerome Daly. It was based on the idea that citizens could establish themselves as a church and gain the same tax exemptions afforded to religious institutions. The scheme didn't work, and Drexler and Daly were disbarred and imprisoned. If this was the operation Stack was referring to, it may have been a turning point in his life. He wrote: "That little lesson in patriotism cost me $40,000+, 10 years of my life, and set my retirement plans back to 0. It made me realize for the first time that I live in a country with an ideology that is based on a total and complete lie." This inspired him to take action, write to politicians and meet with likeminded anti-tax protesters. He wrote: "I spent countless hours on the L.A. freeways driving to meetings and any and all of the disorganized professional groups who were attempting to mount a campaign against this atrocity." His anti-tax and anti-government beliefs may also have been fueled by Section 1706, an obscure and relatively unknown change in the tax code that focused on his industry and went into effect in 1986. Section 1706 essentially removed technical workers like software engineers from a safe haven classification of "self-employed consultant," making it easier for the IRS to challenge how Information Technology companies classified their employers. An association of IT companies and industry professionals, now called TechServe Alliance, was created to protest the changes in tax law that it says singled out the industry. "It made the whole business riskier for people using independent contractors because it favored the so-called employment business model," Mark Roberts, TechServe CEO, told FoxNews.com. "It created havoc on a number of folks." Roberts was quick to condemned Stack's behavior as "an act of a very, very sick individual." "I don't see a long-term lasting effect, just a troubled wayward person acting in response to a legitimate issue. But I don't think that actually impacts the issue," Roberts said. Noting that Section 1706 was passed years ago, he added: "We still resent the fact that it singles out the industry, but folks have basically learned to adapt. It's kind of been awhile since this was a burning issue in the industry."
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    Joseph Stack, the 53-year-old software engineer who crashed his small plane into a seven-story office building in Austin, Texas, was part of a growing, violent anti-tax and anti-government movement that has become increasingly alarming to law enforcement agencies.\n\nStack, who torched his home Thursday morning before setting out on his suicide flight, was fueled by his hatred of the Internal Revenue Service, which had offices and employed nearly 200 workers in the building.
Levy Rivers

Business Reputation: Creativity and Happiness: Reputation: Building on Trust - 0 views

  • One of the major outcomes of the attacks of 9/11 is the clear contest between forces that believe that the world civilization so based on trust can endure the counter views of the terrorist. The question for me is to what degree do our USA national reputation and organizing principles engender trust and freedom.
  • Barack (Lets reason together) is clearly for recapturing our lost status and McCain wants to extend the tough guy image of the Bush doctrine (Fear US - USA reserves the right to attack first).
  • This is especially understood - but not excused - in those of my generation and older, both from a black and white perspective.  For blacks its owed to us based on time in the country - as if a quota could make such a tactic make sense or even worse is he black enough to get back what racism over these many years has taken from us. On the other end are whites that figure that any black person smart enough to become President must be smart enough to take back from them all the advantages that they have accumulated.
Chiki Smith

Relationship Advice for Troubled Couples - 1 views

People having relationship problems need good relationships advice. They need help to be able to think the right way and decide what the best way to solve the issues. If they have cheating partners...

relationships advice

started by Chiki Smith on 14 May 11 no follow-up yet
David Corking

Replace Police With Spin Doctors « POLICE INSPECTOR BLOG - 0 views

  • testing an age old theory about what happens when you approach a 6ft riot cop and tell him to fuck off repeatedly?
  • I blame Globalisation. Lets test this theory by choosing six other countries in the world, going over to each country one at a time, walking up to a riot cop and telling him to fuck off repeatedly. Compare injuries on return to UK. If you return to UK.
  • Will this person now be arrested for verbally abusing a Police Officer? If not, why not?
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  • canteen culture of the mindless violence of the few backed up by the silence of the many.
  • As an A+E nurse would it be right for me to strike each and every member of the public if and when the became aggressive?
  • The Police should be held to a higher standard than other services, surely you are trained professionals and as such should be able to deal with the provacation in a much more proportional way?
  • it was against their clients human rights to be filmed with out their consent
  • When it’s not practical for you to be arrested because it would take police resources away from the lines then you deserve to get a shove. If you come back, then you deserve to be struck (something home office approved).
  • You ARE PROFESSIONALS and this kind of insta-agression is something that the public could gain at a fraction of the cost from a security guard. No one is denying that being a police officer is a difficult job at times
  • Sadly people are people, maybe he was wrong to hit her, she was maybe wrong for confronting him in the first place. All I can say that is if a uniformed officer tells me not to do something I don’t do it. Full stop.
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    Other countries are worse. So? The rest of us would be jailed for assault if we hit someone with a stick in response to extreme provocation.
The Ravine / Joseph Dunphy

YouTube - In Motion - 0 views

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    Piece in which the narrator, on meeting a homeless man, comes face to face with his own self-absorption.
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