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July 20, 2008 at 23:29:20

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Impeach the Puppet Masters

by Phillip Michaels     Page 1 of 2 page(s)

www.opednews.com

 
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Nancy Pelosi has declared impeachment of George Bush and Dick Cheney, “off the table.” And, after a moment’s reflection, it is clear she is right—though perhaps not for the reasons she might publicly give. George and Dick are really only front men for big corporations and individuals made wealthy as a result of corporate greed. It would be great to indict and convict George and company for all their lawlessness in order to keep them from setting precedents for future Presidential power grabs, but that really isn’t as important as undercutting the power of the people controlling them. Fewer than a dozen CEOs control the media. Markets from computers to groceries are dominated by mega-businesses. The power of these corporations allows them to squeeze employees, suppliers, and—ultimately—customers so that a half dozen people in executive management can go home with multimillions of dollars annually.

If we don’t break the grip of these corporate leeches they will reduce our economy to the hacienda model that has made Central and South America suffer for centuries, with a very small percent of the population rich and powerful beyond any understanding or reason and everyone else a virtual slave.

Perhaps it’s already too late. Corporate control over our lives has grown so much during the last 30 years of (largely) Republican rule that Orwell’s Big Brother is clearly alive and well. He controls the media, he’s listening to phone calls, he reading emails, and he has control now of much of the government. The opportunity for stopping him lies in our power to amend the Constitution.

The ability to accomplish this admittedly gargantuan task is in the universality of the issue. Cutting corporate power is an issue that is truly non partisan. Voters of every ilk recognize evil when they see it, and corporations are truly evil. The invention of incorporation as a way to minimize personal responsibility has created a terror that has no soul and exists only to maximize the flow of funds to executives and major stockholders. A corporation doesn’t look forward to future consequences, can’t appraise its actions in the light of history, and cares nothing for society. Its decisions all focus on greed; nothing else counts. The failure of the Republican experiment in giving this sociopathic invention authority over us during the last eight years has made this danger to us all clearly visible.

Corporate evil is well understood in society because so many people have a personal story of the how they have been harmed by corporate power and greed. Now is the time to focus the universal dissatisfaction with the corporate effort to run our lives on mobilizing public opinion to pass an amendment to the Constitution that eviscerates corporate power. Following is a first draft of the declaration of independence from corporate dominance. In the spirit of irony that is part of our current culture (i.e. the Marriage Amendment that is really for preventing marriage, the Blue Skies Act that is about creating dirtier air, and the Patriot Act that is about the rape of the Constitution), I’ve called it the Corporate Freedom Amendment.

Corporate Freedom Amendment We, the people of the United States, do hereby declare that corporations, partnerships, sole proprietorships, and all other legal frameworks for business organization (hereinafter referred to as “Business” or “Businesses”) are not to be treated for legal purposes as persons. By way of example, people have a right to freedom of speech, Businesses do not. It is further the intent of this amendment to establish a minimum set of standards by which Businesses may operate. Those standards include:

1. No person directly, or indirectly, employed by a Business may be required to work more than forty (40) hours per week.

2. Any person working more than forty (40) hours per week and paid a wage less than the top 10% of all wage earners within the Business (as determined annually from the value of all benefits paid, given, or allowed) will be paid at time-and-a-half for any time over forty (40) hours.

3. Businesses may not deduct for tax purposes any portion of the expenses or the support costs of any person earning over 40 times the pay of the lowest paid worker in their employ. For purposes of this section, any workers contributing directly and substantially to the value for the corporation, even employees of subcontractors and vendors, are considered to be in the employ of the Business.

4. No Business may directly, or indirectly, lobby the legislative, judicial, or executive branches of Federal, state, or local governments. If a court of law finds that a Business has substantially violated the spirit or the letter of this section, it may dissolve the business by immediately forcing the sale of all assets. Where a court applies this remedy, executive contracts will be deemed null and void.

5. Disputes between a worker(s) and a Business will be handled through independent, binding arbitration with the burden of proof in all disputes on the Business, except when the employee is a member of and is represented by a labor organization.

6. Businesses incorporated or headquartered outside of the states and territories of the United States of America owe (at a minimum) an income tax on a percentage of global corporate income. The percentage will be calculated as the percent of revenue generated in the states and territories of the United States divided by global revenues. The rate paid will be no less than the average percent of federal taxes paid by the bottom 75% of domestic individual taxpayers on the adjusted gross incomes as shown on their income tax reports. The purpose of this section is to minimize the opportunities to use accounting to show profits in low tax jurisdictions and losses in higher tax locations.

7. Businesses receiving benefits from public assets, particularly access to publicly-owned natural resources, will recognize as income for tax purposes any difference between fees paid to the Federal government and the market value of that access in the year that the access is granted.

8. Pension-fund management within a company will be determined by one-person-one-vote elections. Any person either currently receiving a pension or to whom future benefits are currently accruing will be eligible to vote. Nominations for pension-fund management positions will be accepted by current fund management in a meeting open to all pension beneficiaries. Nominations will be accepted from any person qualified to vote.

9. Neither funds placed in pensions to cover future benefits nor profits from investment of those funds will be returned to or reinvested in the Business unless approved by more than 75% of a combination of those persons benefiting from a pension and those persons currently earning pension benefits.

10. Regardless of the legal structure of the Business, officers of the Business may be found personally financially liable for civil and criminal fines and penalties where substantial Business wrongdoing is determined by a court of law.

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Corporate Freedom Amendment

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Technical writer, process designer, and democrat.

 

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4 comments

Insurance Tease is a small business concern, that is to say, concerned with the debacle called the American Health Care System.
InsuranceTeaseDOTcomInsurance Tease is a small business concern, that is to say, concerned with the debacle called the American Health Care System.

Amendment

Dear Incredibly Angry Man (AKA PecosinRat),

I agree with you, and every point in your amendment. However, the detractors to such an amendment will, correctly, point out that if all of those points actually see the light of day the ability of the American market to grow and compete in the world economy would be driven into the dirt like so much mulch.

Having said that I do believe that two aspects of your suggestion should be considered, in fact must be considered, if America is to both remain a super power and also re-establish itself as a nation of law. The first is doing away with the protection provided by the status as a corporate entity. The second limiting the earning potential by the top management, the CEO's, the presidents and other officers. This of course does not mean limiting profit, but placing criteria by which that profit is earned.

Imagine, right now a business can let 5000 emplyees off while at the same time the CEO garners a $1,000,000 bonus for keeping the corporation "Profitable". I say that if that corporation has just contributed to the increase of the unemplyment rate that the CEO should get a pay cut. However, should the CEO and leadership actually increase production, increase the quality of living standards for those that work for them, then they have actually earned a bonus.

A publically traded company should be evaluated in how sustainable the company is and in how the products and the product's manufacturing impact on the environment are when calculating the value of the market share price. On this standard oil would be about a buck a barrel, while solar and wind would climb the charts, as they should, if we are going to provide incentives for companies to invest in them.

Obviously economic scientists are going to wrangle over these issues for years to come. I just wanted to share my pie in the sky with you. Its mom's apple pie. Hope you like it.

by InsuranceTeaseDOTcom (0 articles, 0 quicklinks, 0 diaries, 41 comments) on Monday, July 21, 2008 at 1:39:31 AM
 


Political Activism is a passion but I have earned a living since 1995 through my web page design and hosting business. I also do graphics design and offer business cards, fliers, brochures etc. My most recent venture which can be seen at http://www.locationpromos.com is to provide custom items via my China connections to the souvenir trade.
Paul KrugerPolitical Activism is a passion but I have earned a living since 1995 through my web page design and hosting business. I also do graphics design and offer business cards, fliers, brochures etc. My most recent venture which can be seen at http://www.locationpromos.com is to provide custom items via my China connections to the souvenir trade.

The solution is both simple and complex

The simple part is that we vote everyone out of Congress. If big money sponsors new people we vote them out...repeat as needed and big money will stop funding politicians because it will no longer be profitable to do so if they keep losing.

The hard part...getting American voters to wake up and smell the roses and to work as a team for their own benefit and not for the benefit of big business.

by Paul Kruger (33 articles, 1 quicklinks, 6 diaries, 288 comments) on Monday, July 21, 2008 at 9:52:40 AM
 


Political Activism is a passion but I have earned a living since 1995 through my web page design and hosting business. I also do graphics design and offer business cards, fliers, brochures etc. My most recent venture which can be seen at http://www.locationpromos.com is to provide custom items via my China connections to the souvenir trade.
Paul KrugerPolitical Activism is a passion but I have earned a living since 1995 through my web page design and hosting business. I also do graphics design and offer business cards, fliers, brochures etc. My most recent venture which can be seen at http://www.locationpromos.com is to provide custom items via my China connections to the souvenir trade.

Follow the Money

Follow the money.CLICK ME

The link above will tell you all you need to know. Browse the site.

Look at who gets what and from whom. You will see almost universally that Dems get money from "people" ( unions etc.) while Republicans get it from "Business".  It is not that there is no crossover but look at the percentages and those tell the story about who supports who. 

Look at the section about how congress votes on issues. You will note almost without exception that votes are bought. If a bill was "good" for a particular industry you will see that everyone who received large contributions from that industry voted for the bill while those who did not receive money voted against it.

This site removes all doubt that your vote is useless unless you can back it up with a huge financial contribution to the politician.

Money wins out over what is right for the people every time. Is it any wonder we need to replace Congress?

by Paul Kruger (33 articles, 1 quicklinks, 6 diaries, 288 comments) on Monday, July 21, 2008 at 9:58:33 AM
 


Technical writer, process designer, and democrat.
PecosinRatTechnical writer, process designer, and democrat.

Economic Elasticity

What a great comment.  It's clear that we agree on key points.  However, I'd suggest that our competitive posture on the world stage is much more a function of the exchange rate of the dollar than of the changes I proposed.  Also, while we do have to remain competitive in the world, our economy could grow very strong just replacing imports that are going to be under increasing price pressure from the exchange rate. 

The economic elephant in the room for America is the trillions of dollars that are outside our economy and which (because of the world's perception that the dollar is no longer the right currency to be the world's currency of last resort) are about to come home to roost.  Much of the economic dislocation of the proposed Amendment falls inside the corporation, giving them real incentives to reel in executive benefits, to stop using employee pension funds as corporate savings accounts, and to begin to look for real productivity improvements--not just lowing the wages paid for work.

We have become far too susceptible to the chanting of Free Market priests that somehow we will upset the god in the volcano if we regulate a market.  It is time to say outloud exactly what is needed by the real people.  Corporations are not vehicles for economic efficiency.  In fact, by their very nature they are inclined to destroy markets (get rid of the competition) and jobs (every corporate merger has at its heart the expectation that the new company will have fewer employees).  It's time that we demand that the apple pie you speak of is divided differently.  There really is very little economic risk for us as a people to regulate the actions of the 20th (and 21st) century's verson of Teddy Roosevelt's robber barons.  On the other hand, the upside benefits of saying exactly what we want is that it actually happens.

by PecosinRat (2 articles, 0 quicklinks, 0 diaries, 7 comments) on Tuesday, July 22, 2008 at 7:41:29 AM
 

 

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