Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RightWhale
Most of the corporations are public

Controlled by private investors.

On top of that, they exist at all at the pleasure of FedGov and their charter to existence could be revoked at any time

How often does that happen? You think they'd cut off a big chunk of their money supply?
38 posted on 12/05/2005 1:03:08 PM PST by libertarianPA
[ Post Reply | Private Reply | To 36 | View Replies ]


To: libertarianPA

They could. Anything is possible in DC. For example, the never-ending campaign finance reform is all about corporations and the desire of Congress to remain independent enough to step on and squash the corporations some day if the existence of corporations becomes intolerably obnoxious. Creating obligations such as retirement programs that cannot be fulfilled and must be taken over by FedGov could be one of those things that makes continued independence and personhood of corporations questionable.


42 posted on 12/05/2005 1:10:21 PM PST by RightWhale (Not transferable -- Good only for this trip)
[ Post Reply | Private Reply | To 38 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson