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Tag Archives: Corporations

How to make a person

© Ruben Bolling The Supreme Court makes Pinocchio due for a rewrite, now that the easiest way to create a real person is to incorporate. Of course, in the fairy tale, greedy and bad boys are turned into donkeys on Pleasure Island. Too bad that doesn’t happen in real life, or we would have a […]

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What’s Wrong with American Business

You can’t get a much better example of why American business sucks. Forbes magazine just published an article “5 Reasons Why You Should Admire Comcast“. If I didn’t know better, I would think it was satire, but it isn’t. First, the article is so full of misinformation it isn’t even funny. Like one of their […]

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Gimme that New Time Religion!

© Ruben Bolling You have to have faith in the holy trinity of CEO, board of directors, and shareholders. Our CEO who art in heaven, hallowed be thy name. Thy customers come, thy will be done, in the sales room, as it is in the board room. Give us this day our daily tax break, […]

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Just the Place to Go!

© Tom Tomorrow I love Tom Tomorrow’s ability to point out the ridiculous nature of our situation. Just why is it that corporation that (may or may not) employ us are responsible for our health? And how do these corporations hold religious beliefs? And how the Supreme Court can use legal phrases like “sincerely held […]

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Religious Free Speech

From Justice Ruth Bader Ginsburg’s (blistering) dissent to the Supreme Court’s ruling allowing certain employers to violate the law by not providing contraception as part of their health insurance: Approving some religious claims while deeming others unworthy of accommodation could be ‘perceived as favoring one religion over another,’ the very ‘risk the [Constitution’s] Establishment Clause […]

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Pay for (bad) Performance

A new university study finds that a high CEO compensation actually correlates with worse financial performance for their company. In plain words, not only do these high-priced CEOs cost more (in salary and other compensation), they also cost their companies in other ways, including lower stock price and lower profitability. In fact, CEOs with an […]

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Checks and Balances

© Jen Sorensen I have never understood why some companies treat talking to other employees about salaries as a firing offense. Seriously? Do they really have that little faith in their employees? I’ve run a number of companies, and we always treated everyone’s salary as public information (at least internally), so everyone understood everyone’s compensation. […]

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The Daily Show is on a Roll

Corporations have definitely become the new aristocracy. They have more rights than actual, real people, but are amazingly exempt from many laws. And yet they keep violating the law and largely getting away with it, with at most paying a fine that is often less than they amount of money they made from breaking the […]

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Corporations Know What’s Good For You

“I think there is a world market for maybe five computers.” – Thomas J Watson, Chairman and CEO of IBM, in 1943. “We’re in the business of delivering what consumers want, and to stay a little ahead of what we think they will want. We just don’t see the need of delivering that to consumers.” […]

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A Fast Way To Internet Speed

If you are tired of your choices of internet providers and want something faster, you are probably tired of waiting for some huge telecom company to install something faster, since they are perfectly happy making money off their old, slow connections. But a group of rural farmers in England took matters into their own hands, […]

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Corporate Pool

A man in California has been driving in carpool lanes by himself on purpose, hoping to get a ticket. Why? He had with him the incorporation papers for his company and wants to try a novel defense in court: because California motor vehicle law recognizes corporations as people, he claims that he did indeed have […]

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When I worked as a CEO, it was exactly like this

© Ruben Bolling I’m not sure when people started treating the end of a company as if it were the death of a friend. The “Hostess” brand, along with Twinkies and the rest of their brands, has likely been passed from company to parent company without you even noticing it. I’m sure some other company […]

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Landslide

© Jim Morin I hope that people don’t forget about reversing the Citizens United decision just because Obama won the election despite overwhelming corporate spending to defeat him. As Jen Sorensen put it: Yes, we beat the Koch Brothers and Adelson and corporate dark money this time. But really, this race should not have been […]

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Wealth doesn’t trickle down – it just floods offshore

According to new research, the world’s super-rich are taking advantage of offshore tax havens to the tune of between $21 to $32 trillion dollars. Yes, trillion. To put that in perspective, that’s more money hidden abroad than in the entire American economy. This is a double whammy to economic growth and recovery. Not only does […]

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Corporations are People!

© Ruben Bolling You may think this is silly, but other than the part about incorporating after the fact, this is pretty much true. Corporations are able to get away with murder and other crimes that would send real people to jail.

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