corporate issues

lotuseclat79

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Channeling corporate cash and asset reserves into job creation.

U.S. commercial banks and large nonfinancial corporations have been carrying huge cash hoards and other liquid assets, totaling $1.4 trillion. At the same time, small businesses have been locked out of credit markets, preventing them from expanding. In "19 Million Jobs for U.S. Workers: The Impact of Channeling $1.4 Trillion in Excess Liquid Asset Holdings into Productive Investments," Robert Pollin, James Heintz, Heidi Garrett-Peltier and Jeannette Wicks-Lim of the Political Economy Research Institute at the University of Massachusetts Amherst examine the impact that mobilizing these excess liquid assets into productive investments could have on job creation. They find that if we moved those liquid assets into business expansions, U.S. employment could expand by about 19 million jobs by the end of 2014, with unemployment falling below 5 percent.
-- Tom
 

eggplant43

A True Heart and Soul - Gone But Never Forgotten
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As counsel to the cigarette industry and as a Philip Morris director, Powell already had begun testing the use of activist-minded courts to create corporate rights. In one case in the late 1960s, Powell argued that any suggestion that cigarettes caused cancer and death was “not proved” and was “controversial.” Therefore, according to Powell, the Federal Communications Commission wrongly violated the First Amendment rights of cigarette corporations by refusing to require “equal time” for the corporations to respond to any announcement that discouraged cigarette smoking as a health hazard.
While an interesting read, and exposure of the recent history of corporate personhood, which I consider an abomination, to truly understand this problem, from it roots, you need the information found in "Unequal Protection" by Thom Hartmann, which goes back to the original Supreme Court finding of corporate personhood in the 1800's. A truly enlightening read.

http://www.reclaimdemocracy.org/book_review/unequal_protection_hartmann.html
 

pyritechips

Jim
Gone but Never Forgotten
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Corporate Personhood is a disgusting concept. How is that democratic?
 
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For reasons of "economy", I've merged the two original threads into this one, named "corporate issues".

On the one hand, individual aspects may well deserve specific form of address. But where they are specifically linked to a certain body or entity and can find coverage that way, we need to keep the inflation of the forum down.

Were we to comment on the consequences of, say, BP's drilling methods, there's really no need to have a thread on both the drill core and the safety valves each.

For instance :)
 

lotuseclat79

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Sep 12, 2003
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Moyers: Why 'We The People' Must Triumph Over Corporate Power.

Bill Moyers reminds us that repairing American democracy begins with reasserting that corporations do not have the same constitutional rights as citizens.

Editor's note: The following is the foreword to Corporations Are Not People: Why They Have More Rights Than You Do and What You Can Do About It, by Jeffrey Clements, a new book from Berrett-Koehler Publishers.)
-- Tom
 

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