A Point To Ponder: The Nuclear Option – Remove Corporations From Individual Status

Share Button

One thing about American law that has struck me as odd, is the fact that Corporations count as de-facto individual persons in regards to various state and federal laws. This has been a part of the fabric of Americans life since the Supreme Court decided such in Santa Clara County v. Southern Pacific Railroad in 1886, reaffirming a decision by the Ninth Circuit Court in 1882 — why does it always have to be the Ninth Circuit that screws things up!  There are also accusations that the ruling of both courts was tainted because a few of the judges did own stock in Railroads, including the one involved in the case. I bring this topic up now, because me and the Sonic-Mate were listening to one of our favorite pod-casts, Dan Carlin’s Common Sense. and at the end of the show (# 163 Blocking the Playmakers) he was talking about the innate corruption that exists in our political system when it comes to corporations being allowed to give donations to political candidates and causes. Jessie Ventura has referred to it as “Open Bribery”.

When it comes to Corporations, there is as big a split towards them as any issue in the two political parties. The left is unhappy because Corporations are allowed to give ungodly collective sums to political candidates, thus allowing them to have much more influence over a candidate than the actual people… you know, the human kind who vote for them. The right is pissed because taxes on Corporations is too high… And they are. We have one of the highest Corporate tax rates in the world. This is a big factor in making US made products more expensive than imports, and contributes to the decision of companies to move operations overseas, taking much needed jobs with them.

So, what do we do about this?

Easy.

Lets compromise and tackle both problems. Lets get rid of the Corporate Tax, period. Doing so will save jobs and expand the economy at a time in our history when that is so needed.

Democrats will HATE this idea, but, there is something to offer them that could make them go for it.  It’s my firm belief that a company SHOULD NOT BE ABLE TO give to a political candidate; only actual real live breathing people should. Get rid of all Corporate donations to the political system. Give the government back to the people. Note that this would also apply to unions, so it might be a bit of a hard sell.

Is this sort of compromise a pipe dream. With the current leadership of Obama, Pelosi, and Reid????…

Did I just refer to them as leaders? Sorry. My bad.

Anyway, if they tried to do it, the legislation would probably be 1,997 pages long. And do I think that any of the current crop of GOP’ers could be brave enough to take on the inevitable cries of protest from the Rush / Hannity / Levin wing of the party? Not going to hold my breath on that one. I wonder what Glen Beck would think of my proposal?

Still, growing the economy AND getting rid of undue political influence by various lobbies at the same time. Hey, one can dream, can’t he?

PS. Here is a guy who is trying to abolish the concept of the Corporation as an individual. Someone persuade me that this wouldn’t be a good itdea.

4 Comments to “A Point To Ponder: The Nuclear Option – Remove Corporations From Individual Status”

  1. By Jeff Alberts, November 10, 2009 @ 2:59 am

    At the same time, a Company SHOULD BE ABLE TO give to a political candidate; only actual real live breathing people should. Get rid of all Corporate donations to the political system.

    Pretty sure you mean “should not”.

  2. By Sonicfrog, November 10, 2009 @ 3:35 pm

    What? Are you my content editor too???? 🙂

  3. By bruce robinson, November 10, 2009 @ 7:50 pm

    Absolutely,corporations are not individuals. Our Constitutions has great protections from the excesses of governmental power, but the founding father did not forsee the rise of corporate power,or the power of big money in the form of corporate or fantastic individual wealth. I think the root of our problems with government come down to the fact that so much money is required to run for office, and so much is required to keep the job next election cycle. The constitution gives the right of the people to petition the government, the problem is those petitions are wrapped in donations. We need publicly financed elections! If a corporation,union,or wealthy individual wished to donate,it could go into a common fund for incumbents and challengers alike. This would go a long ways towards dosconnecting the stink of money from our political process.

  4. By Sonicfrog, November 11, 2009 @ 6:57 pm

    Bruceski, is that you????

RSS feed for comments on this post. TrackBack URI

Leave a Reply