Although I agree a little it's not that simple, unless the capitalization was only three or four thousand bucks. If 1,000,000 of us get together and put in 100 bucks each that's still a very small cap corp and we all could loose our investment in toto. So many folks, maybe you included, mistake the corporate cronyism for this liability issue. Often the government protectionism limits the corps liability. On the whole, less government protection, corps have been made over and over to make a harmed individual whole. And, in instances of corps knowingly harming folks officers have been held criminally responsible. But too often, the government shields the corp and, to me, that's the problem.
On Sat, Jul 10, 2010 at 7:19 AM, Rod <crazylibertar...@yahoo.com> wrote: > > > Partial agreement there Earl. I think that corporations are inherently evil > in that they eliminate an imporant element of responsibility which has led > to many of the infamous products over the years, thalidomide, the rear > gasoline tank pony cars. > > Here's the problem. Three or four of us get together with a business idea. > We each chip in $1,000. Our profit potential is infinite but our losses are > limited to our thousand buck. I think that's wrong. > > --- In > LibertarianExchange@yahoogroups.com<LibertarianExchange%40yahoogroups.com>, > earl reese <earljre...@...> wrote: > > > > Agreed! Both from this admin and the previous Bush one. Crony > > Corporatism. It's why so many decry corporations without realizing it's > not > > that corporations are inherently bad they just become that way when the > fed > > gets in bed with them. > > > > > > On Fri, Jul 9, 2010 at 7:36 AM, Rod <crazylibertar...@...> wrote: > > > > > > > > > > > Few will call for an investigation of the chummy relationship between > > > regulators and regulatees. > > > > > > I believe that if a true libertarian, such as Lew Rockwell or Gary > Norht, > > > dissected the oil lease arrangment, he'd find several places where > there are > > > abrogated responsibilities. > > > > > > --- In > > > LibertarianExchange@yahoogroups.com<LibertarianExchange%40yahoogroups.com> > <LibertarianExchange%40yahoogroups.com>, > > > > earl reese <earljreese@> wrote: > > > > > > > > Oh, and the part about being a libertarian means one must try to not > look > > > to > > > > the government for protection or solve ones problems. > > > > > > > > > > > > On Fri, Jul 9, 2010 at 12:09 AM, earl reese <earljreese@> wrote: > > > > > > > > > Ah, except BP? > > > > > > > > > > > > > > > On Thu, Jul 8, 2010 at 9:14 PM, Roderick T. Beaman < > > > > > crazylibertarian@> wrote: > > > > > > > > > >> > > > > >> > > > > >> The oil spill occurred when the Obama Presidency was 454 days, 15 > > > > >> months, old. They had all that time to be investigating the oil > rigs. > > > > >> They didn't do their jobs. It's their fault. Period. No one > else's. > > > > >> > > > > >> > > > > >> > > > > >> Roderick T. Beaman,D.O. > > > > >> Board Certified Family Physician > > > > >> Protect freedom. Disarm the government. > > > > >> > > > > >> > > > > >> > > > > > > > > > > > > > > > > > > > > -- > > > > > > > > Earl Reese > > > > > > > > > > A positive attitude may not solve all your problems, but it will > annoy > > > > > enough people to make it worth the effort. > > > > > ~Herm Albright~ > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > -- > > > > Earl Reese > > > > > > > > A positive attitude may not solve all your problems, but it will > annoy > > > > enough people to make it worth the effort. > > > > ~Herm Albright~ > > > > > > > > > > > > > > > > > > > > > -- > > Earl Reese > > > > A positive attitude may not solve all your problems, but it will annoy > > enough people to make it worth the effort. > > ~Herm Albright~ > > > > > -- Earl Reese A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort. ~Herm Albright~
