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amigo_boy

join:2005-07-22
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·magicjack.com

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reply to tapeloop

Re: Fed judge OKs subpoenas of Internet users IDs

said by tapeloop:

...not to mention the lifting of the restrictions on corporate political donations.

»www.nytimes.com/2010/01/22/us/po···tus.html

Just keep getting better, don't it?
That's my point. When you realize who owns corporate stock[1] and the direction and velocity of that trend[2], it doesn't take a rocket scientist to figure out who benefits when socially created "fiat people" (corporations) are recognized to have the same political rights as you, a natural person.

Then, consider how average Americans who own stock actually own mutual funds (in 401k plans). Those are non-voting shares. So, when considering how 80% of the population owns only 9% of corporate stock, that's compounded by a very weak ownership. It has no real control over the corporation. It's the mutual-fund manager who votes. Your "keeper," so to speak.

It really is a "circle of life." We create these things through public law. Through the state legislatures that exist through the vote of all of us. And these things (fiat people) become political voices for 10% of the population. A second voice. An amplifier. Working against the wishes of the 90% who created them. Having a legal *duty* to work against the wishes of the 90%. (I.e., a legal duty to operate in the interest of the 10% of the population who have a majority financial investment.).




[1] See Table 5b here.

[2] See Table 5a and Figure 5 at the same link, showing the change in ownership of stocks and share of capital income (income from investments) over time.

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