« on: November 04, 2011, 12:31:02 am »
@rogersm: When Ronnie and the De-regulators sold us all on embarking on this de-regulation experiment, he sarted his speech with this statement: "I believe in the inherent goodness of Man". So when we all bought into it, we too thought that the goodness that dwells within men would rise to the top (good always wins, right?) and that it was entirely possible for an industry to "self regulate". Even now, I still believe it's POSSIBLE to eliminate external controls and regulatory oversight...if "inherent goodness" is in control of said industry.
"Inherent goodness" never even got a chance to sit down in the driver's seat.
Someone failed to realize that corporations are pretty much the same critters as sharks and alligators!
In (for profit) Corporations, any reference by the CEO or CFO to adopting some sort of "corporate concience" will get him/her thrown out the boardroom window with most haste...obviously, because it would be a conflict of interest with "maximizing profits".
We knew this already when something REALLY SCARY happened: After already knowing de-regulation wasn't quite living up to the hopes we had envisioned, some MONSTER with untold powers got the supreme court to give these alligators and sharks PERSONHOOD status. I'd like to think we have some smart people manning the battle stations at SCOTUS. They are not known for making such "quirky" rulings. I suspect someone twisted arms or they're smokin' some of that really good California grown stuff during their breaks. This ruling scares the hell out of me. Ask a first grader if a corporation is a "person"...ask several first graders.