Muscatine

The idea that "corporations are bad", is a not so new communist/socialist backed movement.  Have some corporations done bad things?  Of course.  Have most corporations done bad things, or do they do bad things systematically?  Of course not.

Few corporations are financed and owned “by the rich.”  As economist Thomas Sowell points out, few corporations could exist if they were financed solely by the wealthy.  It is the investments made by middle class folks like me that are the true lifeblood of companies and Wall Street.

Corporations allow new and wonderful inventions to be brought to market.  The cost is so great, and the legal restrictions are so great, these days that this would not be possible if financed only by one or two individuals.

Our country is still one of the richest in the world.  This is due in main part to corporations.  Corporations finance most of the federal and state governments through taxes.  The tax on U.S. corporations is the second highest in the world.

Our country, and our states, place restrictive regulations on corporations without end.

Look around the world.  Find the countries that allow corporations.  Find the countries that don't.  Now compare the lives of their citizens.

The first corporation in the U.S. was one founded to sustain Harvard University.

In my world, corporations are a good thing on balance, not a bad thing.

Any movement and radical raving against private enterprise, in my opinion, is suspect.

Regarding the Jefferson "quote":  It is bogus!   see here:

http://www.snopes.com/quotes/jefferson/banks.asp

I cannot argue with much of your retort. It's a good system that allows corporate growth and that balance you mentioned. It's just that today there isn't much of that balance left. I mean look at the over three trillion they sit on today and that number just keeps growing as our economic structure doesn't. To say they are all bad isn't correct nor fair. So within and between the lines there is truth. The founding fathers were so superior intellectually than our leaders of today, and I would guess that had they the power, they would all be spinning in their graves. Jefferson, may not have said what mr mobaydave reported, but you can bet he did say much more on the subject given the time.

"Any movement and radical raving against private enterprise, in my opinion, is suspect."

I see on the news that the reprehensible michael moore made an 'appearance' at the anti-capitalism revolt in NYC. Like he hasn't made a kajillion dollars as a direct result of capitalism. His association with that group furthur puts that group in a very poor light. Do 'they' really believe that the gov't can or does better? If so, let them move.

I'm pretty sure the Obumbler and his cronies and czars are all Wobblies.  I'd throw Mobay in there too, based on his posts here:

Wob·bly


(wbl)