" It is now an Individual vs. Corporate debate – and the Humans are losing. Consider: • Many of the regulations that govern energy and banking sector were written by Corporations; • The biggest influence on legislative votes is often Corporate Lobbying; • Corporate ability to extend copyright far beyond what original protections amounts to a taking of public works for private corporate usage; • PAC and campaign finance by Corporations has supplanted individual donations to elections; • The individuals’ right to seek redress in court has been under attack for decades, limiting their options. • DRM and content protection undercuts the individual’s ability to use purchased content as they see fit; • Patent protections are continually weakened. Deep pocketed corporations can usurp inventions almost at will; • The Supreme Court has ruled that Corporations have Free Speech rights equivalent to people; (So much for original intent!) None of these are Democrat/Republican conflicts, but rather, are corporate vs. individual issues. For those of you who are stuck in the old Left/Right debate, you are missing the bigger picture. Consider this about the Bailouts: It was a right-winger who bailed out all of the big banks, Fannie Mae, and AIG in the first place; then his left winger successor continued to pour more money into the fire pit. What difference did the Left/Right dynamic make? Almost none whatsoever." ritholtz/blog/2010/09/you-vs-corporations/
Posted on: Sun, 18 Aug 2013 20:45:14 +0000
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