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Old 03-26-2010, 11:51 AM
 
Location: Long Island
32,816 posts, read 19,500,230 times
Reputation: 9618

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Quote:
Originally Posted by kovert View Post
I agree.

Through campaign contributions and lobbyists, the banksters are able to write their own rules.

The only way to change this scenario is through public campaign finance reform.
you dont need to reform it...just abolish it...each candidate gets an equal amount from the government (public money) and that's it....no more contributions from so and so to so and so
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Old 03-26-2010, 12:07 PM
 
6,084 posts, read 6,048,996 times
Reputation: 1916
Quote:
Originally Posted by workingclasshero View Post
you dont need to reform it...just abolish it...each candidate gets an equal amount from the government (public money) and that's it....no more contributions from so and so to so and so
That's exactly what some of our Founding Fathers wanted.

"Jefferson and Madison proposed an 11th Amendment to the Constitution that would "ban monopolies in commerce," making it illegal for corporations to own other corporations, banning them from giving money to politicians or trying to influence elections in any way, restricting corporations to a single business purpose, limiting the lifetime of a corporation to something roughly similar to that of productive humans (20 to 40 years back then), and requiring that the first purpose for which all corporations were created be "to serve the public good."
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Old 03-26-2010, 04:34 PM
 
Location: Long Island
32,816 posts, read 19,500,230 times
Reputation: 9618
not just corporations. but individuals too

each candidate gets and EQUAL amount.....
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Old 03-26-2010, 05:02 PM
 
6,084 posts, read 6,048,996 times
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Quote:
Originally Posted by workingclasshero View Post
not just corporations. but individuals too

each candidate gets and EQUAL amount.....
I wish more judges had your attitude.
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Old 08-18-2010, 07:21 AM
 
19,226 posts, read 15,330,973 times
Reputation: 2337
Quote:
Originally Posted by kovert View Post
That's exactly what some of our Founding Fathers wanted.

"Jefferson and Madison proposed an 11th Amendment to the Constitution that would "ban monopolies in commerce," making it illegal for corporations to own other corporations, banning them from giving money to politicians or trying to influence elections in any way, restricting corporations to a single business purpose, limiting the lifetime of a corporation to something roughly similar to that of productive humans (20 to 40 years back then), and requiring that the first purpose for which all corporations were created be "to serve the public good."
Ah. The missing Amendment.

http://www.nytimes.com/2010/01/22/us...otus.html?_r=1
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Old 08-18-2010, 07:23 AM
 
Location: Texas
44,259 posts, read 64,397,970 times
Reputation: 73937
Quote:
Originally Posted by EllenArlingtonPark View Post
Now that the House and Senate will start debating the reforms for Bankers, we will know who has been lining their pockets with the money of the unethical Bankers. What will they say to defend these lousy crooks?

I sure hope they find out who they are there to represent. I think there are at least a couple of dozen of them that have been on the Bankers gravy train for several decades.

This will be interesting.
Where is the proof that all or even most bankers are unethical?
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Old 08-18-2010, 07:27 AM
 
3,153 posts, read 3,595,845 times
Reputation: 1080
Quote:
Originally Posted by Blind Sniper View Post
The Wall Street influence is not partial to one party or the other. This corruption comes in both red and blue. We need reform and regulation now! Not more red / blue bickering.
But this is the only way that liberals can survive, by painting their opposition as cold hearted racists capitalist pigs who light their cigars with hundred dollar bills....I think they need to write a new song based on all the public knowledge that is out there...they sound ridiculous when they don't update their rhetoric...
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Old 08-18-2010, 09:17 AM
 
Location: Texas
44,259 posts, read 64,397,970 times
Reputation: 73937
Quote:
Originally Posted by wdavid002 View Post
But this is the only way that liberals can survive, by painting their opposition as cold hearted racists capitalist pigs who light their cigars with hundred dollar bills....I think they need to write a new song based on all the public knowledge that is out there...they sound ridiculous when they don't update their rhetoric...
What? You have something against the classics?
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Old 08-18-2010, 10:50 AM
 
6,084 posts, read 6,048,996 times
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Quote:
Originally Posted by ergohead View Post
I thinks its high time we finish what the Founding Fathers started.
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Old 08-18-2010, 11:03 AM
 
Location: Londonderry, NH
41,479 posts, read 59,811,485 times
Reputation: 24863
I agree with Kovert. Corporations are created by the government to limit the loss to the extent of the owner’s investment even if the losses exceed that amount. We need the 11th Amendment as well as a statement that corporations can never be considered individuals with constitutional rights. Corporations are zombies created to protect investor wealth.
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