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Stephen Colbert on Corporate Personhood

Since you didn't see anything about this on any of the corporate evening news shows, or read about this in the corporate press, (save a single, lonely letter to the Editor of USA Today), it is up to Comedy Central, once again, to keep the public informed.

For those who aren't familiar with Stephen Colbert, the character he plays is a mocking parody of Fox's Bill O'Reilly:


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Stay tuned, as the next segment Colbert discusses the issue further with Jeffrey Toobin. If it doesn't load, click here to watch.

Your comments are appreciated. There seems to be a schism among libertarians about the legitimacy of corporations. I've been looking into it recently and I'm interested in hearing more from both sides.

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lol :')

Very funny.
But troubling subject.

If you want a more in depth analysis

watch the film The Corporation. It goes over the history of
this legal decision and the implication it has had over the last century. Might even be a worthy contender for weekend watching.
Interesting to see Jeffrey Toobin crawling out of the CNN war room. Wonder why they had him on at all. I'm not a huge fan of CFR guys.

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Colbert is a comedic genius.

And I agree, he nailed it. One of his best routines ever. I might even have to start tuning in again. That was excellent. Thanks.:)

Saw this today...

I love corporations as a legal entity because they allow me to pay less in taxes.

However, corporations being legal persons is a cause for concern. People are behind corporations and when a corporation commits fraud or as Colbert points out dumps toxic waste into rivers, the people behind the corporate name have to be held accountable. Let them have free speech but just as you and I can be held accountable for libel so should the decision makers for that corporation.

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dustin@asilenceproduction.com

GE - We Bring Bad Things To Fish

So true. I grew up living near the Hudson River. :(

Saw this today...

I love corporations as a legal entity because they allow me to pay less in taxes.

However, corporations being legal persons is a cause for concern. People are behind corporations and when a corporation commits fraud or as Colbert points out dumps toxic waste into rivers, the people behind the corporate name have to be held accountable. Let them have free speech but just as you and I can be held accountable for libel so should the decision makers for that corporation.

http://asilenceproduction.com
http://twitter.com/doctor_jones
http://rightvswrong.wordpress.com
dustin@asilenceproduction.com

nails it

this is at the root of the problems we are facing today with corporatism.

we made up fictitious entities and exempted them from the chains that bind normal people.

G.R.U.N.C.H

Just read about this topic in the book GRUNCH of Giants by R. Buckminster Fuller. First published in 1983. Fascinating, insightful and Nostradamas wishes he was this accurate.

An excerpt:
"There is no dictionary word for an army of invisible giants, one thousand miles tall, with their arms interlinked, girding the planet Earth. Since there exists just such an invisible, abstract, legal-contrivance army of giants, we have invented the word GRUNCH as the group designation--"a grunch of giants." GR-UN-C-H, which stands for annual GROSS UNIVERSE CASH HEIST, pays annual dividends of over one trillion U.S. dollars"

It's a little hard to find, but well worth the effort.

bucky fuller was a genius

thanks for quoting this.

No fan of corporate personhood

but also do not like political speech being regulated

Amen to that.

Saw McCain & Feingold and their weasel attorney on CSPAN3 after the SC arguments.

They looked scared, couldn't help feeling good about that.

Michael Nystrom's picture

Herein

lies the dilemma.

To be mean is never excusable, but there is some merit in knowing that one is; the most irreparable of vices is to do evil out of stupidity. - C.B.

Exactly

How is it possible for a fiction to have rights?

And because you probably know what's coming next from me, let me provide it; the government itself is a corporation. How can it have rights?

Colbert Nation!

This is one of the best, most informative segments I've seen on his program. I learned a thing or two. ...Was he serious about the court reporter being an ex-railroad exec? Geeeez

Quick Eat Donuts

Colbert is one of the only TV personalities worth watching, thanks for sharing this, I don't always tune in.

This is a very important topic, this is how the power has been stolen from the people and given to big companies. Until 1886, each citizen had one vote and equal speech and influence. After the Santa Clara ruling, corporations actually had more free speech than the aveage citizen due to resources.

This single ruling changed the game. I just read about this in Culture Jam

from the book

"Supreme Court Justice William O. Douglas concluded of Santa Clara that it "could not be supported by history, logic or reason".

The book went on to say... "One of the great legal blunders of the nineteenth century changed the whole idea of democratic government"

I tend to agree with that. How can we manage to keep up with a corporation when we're just regular people, we can't even sue a corporation, how the heck can we have the influence they have.

This is the same for lobbying, as I read in Ron's book, if regular people will only save $1.00 or $2.00 a year versus a big corp. making millions or billions, who do you think is going to mobilize and get their agenda served?

Great topic.

Toobin is the guy who dissed

Toobin is the guy who dissed Ron Paul on t.v. after one of the presidential debates, saying something to the effect of, the Nafta Superhighway is a figment of Ron Paul's imagination, it doesn't exist. Can't stand to watch that guy after he did that.

This is an interesting

This is an interesting subject and thought provoking.

I have a couple of points.

1. If we would've had a real true free market economy and no central bank, we wouldn't have such massive corporations that wield such great power over our country, so in reality we wouldn't even be looking at this issue as a threat.

2. I don't think government should be limiting any speech, however if corporations have the ability to donate any amount they see fit, individual people should also be able to donate any amount. Nonetheless, the game is rigged to benefit the big corporations, so I can understand someone's desire to limit a corporation's influence... But I think that could turn into a slippery slope.

LOL

FUNNY

heck ya!

I have asked a few times on the forums here about the possible negative/positive ramifications of rescinding corporate personhood. Never really got a response so this ought to be interesting!

thanks for posting

.

Michael Nystrom's picture

what did you think?

what did you think?

To be mean is never excusable, but there is some merit in knowing that one is; the most irreparable of vices is to do evil out of stupidity. - C.B.