WHITE ROSE: Proposed Anti-Corporate Rule Amendment

[yurbud]

This is just part of it, but it is the kind of thing a real democracy would be talking about doing.

The Proposed Anti-Corporate Rule Amendment

Section I

The rights given to the people as set forth by the constitution and its amendments can not be construed to apply to any corporation or business entity. All business entities are paper creations of society and as such have no rights under the constitution or its amendments with the exception of the rights granted to them in this amendment; business entities only retain a conditional privilege to operate. A privilege, which can be revoked as, set forth in this amendment. This amendment applies to all business entities regardless of country of origin.

<snip>

Section III

Congress is given the right to alter the terms of all general charters, however congress cannot extend a charter beyond the limits set forth here. No charter will be granted to any business entity in which their revenue exceeds one hundredth of one percent of the federal budget. Business entities exceeding that limit must be broken into two or more companies within six months. Nor will any charters be granted that does not restrict the operations to a single economic activity or business. Nor will any charter be granted that does not require a seventy five percent majority of individual stockholders for election of officers, passage of mergers, buyouts, or a change in internal governance. In such elections, each shareholder will have one vote regardless of the number of shares they may own.

<snip>

Section VI

Business entities are given the right to sue and the right to be sued. However, the operating officers and governing boards can and will be held responsible for any gross, continuous, or frequent violations of any laws. Gross, continuous or frequent violations shall hereby be defined as more than three violations of the same law within any two-year period. Congress will establish prison terms of not less than five years for the operating officers and governing board of directors for violations of labor, environmental and general law. No immunity from prosecution will be extended beyond the rights of the common citizen to the operating officers and governing board of any business entity in either criminal or civil law.

The rest:

http://www.spiritone.com/~gdy52150/amendment.htm

[benburch]

1. We endorse that other White Rose site, BTW.

They have been kind enough over the years to allow http://www.WhiteRoseSociety.org to link to their material about the Historical White Rose. A kindness that has been greatly appreciated.

[yurbud]

2. Ah! I didn't know they were two separate deals. If you want an edit, let

me know

[benburch]

3. No need! nt

[madinmaryland]

4. Could it be renamed the Corporate Charter Amendment?

Sounds like a great idea.

One question in regards to Section III. With the federal budget at $2.7 trillion, your calculations would limit any company to revenues to approximately $270 million. While that would not affect most companies, what of the companies that sell more than that amount of a single product? How would they be affected? i.e. someone selling $1billion worth of paper or oil.

I think that Section I is the most important, as corporations have been given these rights by the courts over the years and I see that as wrong.

[yurbud]

5. I didn't write it, just thought it was a good starting point.

those are good issues though.

I'd say if they are selling one product or category of product, and there's sufficient competition, that shouldn't be a problem.