The book of eli ending Problem

The book of eli ending

Problem is that politicians need money to fund their campaigns and the Supreme Court ruled that corporations can donate as much money as they want to fund those campaigns. Want to change the system? Then advocate for campaign finance reform. A politician who refuses to take money from big corporations is going to have trouble funding his/her campaign and probably wont get elected! American corporations are waaayy overprivileged, as anyone who has formed one will testify. In fact, you specifically incorporate to take advantage of corporate privileges that reduce your liabilities and reduce your taxes. It only costs about 1600 one-time cost and obligates you to a little extra paperwork each quarter and a pretend board meeting once a year. LLCs are even cheaper and easier. Pretty soon we will consider it just the ordinary obligation of a parent to incorporate a child upon birth, like starting a college fund, etc. The tax benefits are spectacular: you can deduct EVERYTHING and you get on a more generous tax schedule. You can move your business winnings from high tax personal income to low tax capital gains thru stock options, stock grants, etc. Everything becomes a scam. Suppose you want a new car. The corp buys it as a company car, which you use at low or no cost, than after a year they sell it to you for a song. You can even start a car-lease division and run all your family cars thru that. Quite often these days, the founder of a corp sells his personal services to the new corp through a personal corp as a consultant, thus further insulating himself from liability and opening up further tax avoidance possibilities. You can even setup a stock deal for convertible preferred shares that are paid for by a loan from the corp. , thus getting in on a big IPO with no liability and no investment. Dick Cheneys failure to take that step at Halliburton left him open to shareholder suits when the Dresser Industries deal turned into a 20billion rotten egg, H went thru the floor, and Halliburton shareholders sued him personally for irresponsibility. Perhaps he enabled all those sweetheart KBR contracts in Afghanistan and Iraq in a deal to get out of those liabilities. Maybe, even, thats why we invaded. Since corporations are anonymous, you can use your clout in foreign countries because no one knows who owns the company. So foreigners can own a USA corp that bribes USA government officials ala the SCOTUS Citizens United Decision with impunity. Thats the only way for foreigners to contribute to a US election. Present day corporations are a gross distortion of corporations that the Founders were familiar with, such as the Hudsons Bay Company, which were very restricted in terms of markets they could operate in, and duration of charter, which was usually less than 25 years. Personal attacks are NOT allowed. House, : Looking Back on Season Seven and Ahead to Season Eight by Barbara Barnett 4 comments 2009 Blogcritics.