Thursday, January 21, 2010

HorsesAss.Org » Blog Archive » SCOTUS lifts lid on corporate political spending

HorsesAss.Org » Blog Archive » SCOTUS lifts lid on corporate political spending

Here is the beginning of my post. An@3 So Puddykins

Would you say it was OK if Microsoft, with tis kitty of tens of billions of dollars, decided it wanted to BUY control of WA state?

Or do you think MS shareholders should decide THEY want to do thins by cutting the value of their dividends and accepting the judgement of the (free) market of the effects of such expenditures on the MS share price?

As you think on this, let SJ suggest that you also consider the different ownerships of corporations vs unions. Unions, whether they are corrupt or not, must have elected leadership. That leadership represents one member one vote .. not all that different from how e govern the USoA.

Corporations may be controlled by a few folks who own most of the shares or even by a foreign entity owned by its government.

So lets go one step further. Chrysler is now controlled by Fiat. Would you mind if Fiat decided to adopt the Democratic party of Michigan?

Suppose the foreign were was not just a corporation. Suppose it were a foreign government? Levorno is largely owned by the Chinese Army. Suppose Levorno (using Chinese money) BOUGHT MS, and then decided it wanted to set up a Chinese style "democracy" here? OK by you if the government of China finances (through its MS subsidiary) the WA state Reds (aka Repubs)?

It seems t me that a true conservative would oppose corporatism .. Private as well as Public.


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