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conspiracy theories and the answer to all life's perplexing
Posted: August 10th, 2009, 7:38 pm
by stilltrucking
questions.
Like war, health care, and the pursuit of higher corporate profits
I have heard it said that the current desperate world conditions have their root in events sixty years ago
or that it began several thousand years ago
And I don't know. I see so many beginnings
That it started with the neolithic revolution
When the first man and and woman decided to wear a fig leaf
When men first began to paint on walls
When he first walked up right
Chipped the first rock into a tool
Built the first temple
Wrestled an angel
threw the money changers out of the temple
I think it started in 1886
In 1886, . . . in the case of Santa Clara County v. Southern Pacific Railroad Company, the U.S. Supreme Court decided that a private corporation is a person and entitled to the legal rights and protections the Constitutions affords to any person.
Here in the US anyway.
Obama smart
I hope can make a difference
It is a conspiracy no doubt.
Posted: August 11th, 2009, 11:47 am
by Barry
Yeah, I agree with you here, Truck. That "corporate entity" thing has always kind of ticked me off. Thanks for the legal reference.
If a corporation is a "person" legally, why can't you send one to jail? I guess the corporate equivalent would be to suspend or restrict their business activities for a time. Instead they get a measly fine that about equates to me getting fined a buck for dumping an old mattress by the side of the road. In other words, the fine is far less than proper, responsible disposal would be. Which is how it is for the corporate entities. Which is why they continue to transgress in various ways not limited to polluting the environment. But if we could figuratively send them to jail, now that would be something. We need to set another legal precedent regarding "corporate entities" being legal persons it seems to me. Send the fuckers to jail when they screw up. Just like real people,
Peace,
Barry
Posted: August 11th, 2009, 1:33 pm
by stilltrucking
Do you think we could send them to hell?
If a corporation is a person does it have a soul too?
Sorry my sense of humor is pretty sick.
A big case coming up before the supreme court in September about a corporations first amendment rights. I hope our new Latina justice is wise.
I watched an insurance company exec testifying before congress about rescission. He was very sorry, and almost apologetic. but he was only doing his job. Which was to maximize profits and look out for the interests of the stock holders.
The committee conducted a yearlong investigation into rescissions and found that insurers benefited financially from revoking coverage, sometimes even rewarding employees for finding reasons to cancel a policy that had proven costly to the company.
A series of tense points in the hearing culminated with subcommittee Chair Rep. Bart Stupak, (D, Mich.), asking the executives if they were prepared to commit to stop rescinding policies except in cases of fraud. All three said, "No."
http://www.ama-assn.org/amednews/2009/0 ... sb0706.htm
Thanks for taking the time to read and reply
Posted: August 11th, 2009, 4:21 pm
by Lightning Rod
Most states have a mechanism for the question of corporate liability
It's called 'piercing the corporate veil'
which I think is a very poetic legal term
it means that in egregious cases, if a corporation is doing things which are illegal for instance, then they can 'pierce the corporate veil' and hold the officers or other actors in the corporation individually responsible.
Posted: August 12th, 2009, 4:34 am
by stilltrucking
The problem is that Federal Law supersedes state law. Case in point, the current AIG situation. Many states had laws on the books outlawing "bucket shops" which were responsible for the panic of 1907. The fat cats got them legalized again at the federal level.
Many compare this financial crisis to the stock market crash of 1929, but it is closer to the credit freeze and bank panic of 1907....
The bank panic of 1907 is remembered for J.P. Morgan forcing all the bankers to stay in a room until they agreed to contribute to fixing the crisis. What has been forgotten is one major cause of the crisis – unregulated speculation on the prices of securities by people who did not own them. These betting parlours, or fake exchanges, were called bucket shops because the bets were literally placed in buckets.
The states responded in 1908 by passing anti-bucket shop and gambling laws, outlawing the activity that helped to ruin that economy.
The fear in 2000 was that if we regulated credit default swaps and required holding sufficient capital, the market would go where unregulated sellers could make more money. We forgot that the biggest competitive advantage of the US financial system has always been safety, security and transparency. If we destroy that perception, the long-term cost to our society is incalculable.
http://www.nakedcapitalism.com/2009/03/ ... elves.html
Not sure that relates to what you are saying Clay.
Speaking of state law and conspiracy theories. Do you remember the Billy Sol Estes case? One of the investigators was found dead, shot five times with a rifle. The coroner ruled it a suicide. I am too pooped to Google but I remember it that way.
_________________
It is so weird, I can remember stuff from fifty years ago but I forget what I did with my car keys.
On 3rd June, 1961, Henry Marshall was found dead on his farm by the side of his Chevy Fleetside pickup truck. His rifle lay beside him. He had been shot five times with his own rifle. County Sheriff Howard Stegall decreed that Marshall had committed suicide. No pictures were taken of the crime scene, no blood samples were taken of the stains on the truck (the truck was washed and waxed the following day), and no check for fingerprints were made on the rifle or pickup.
http://www.spartacus.schoolnet.co.uk/JFKkrutilek.htm
Posted: August 12th, 2009, 10:45 am
by Barry
Okay, it's reasonably possible for someone to commit suicide with a rifle, but five times? Please.
Interesting, truck. Very interesting.
Peace,
Barry
Posted: August 12th, 2009, 11:06 am
by Lightning Rod
truck,
Sure I remember Billie Sol
I used to date his daughter when I lived in Abilene as a kid
I partied down at his house on Lake Ft. Phantom while he was in the Fed joint. He always seemed like a quiet, unassuming man. I think he was a patsey (also his daughter's name) or a fall-guy for the bigger fish in that scandal. I always found it amusing that he got busted for selling fertilizer that didn't exist. What more perfect example of selling bullshit....haha.
Posted: August 12th, 2009, 11:22 am
by still.trucking
It was a bullshit question I knew you would remember Billie Sol.
I tell ya this Barry
"you just can't live in Texas unless you got a lot of soul
and it don't matter who's in Austin
Lady Bird is still the queen."
(paraphrase of Bob Wills Is Still the King)
Yes a lot of mysterious deaths happened around LBJ, makes me wonder about the JFK assassination conspiracy theories.
The Rolling Stones - Bob Wills Is Still The King
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