The GQP Thread: I'm even sick of that ****** number and, anyway, he's gone (for now)

[Swansong]

https://twitter.com/RightWingCope/st...214789637?s=20

What in the name of hell is he even talking about? This is just insane blather. One private school (unnamed, of course) tries teaching god knows what (he doesn't even specify that) and this is somehow justification for installing cameras in... public schools?


I know I know. I'm trying to look at illogic through a logical lens.

[French Rage]

Websters defines projection as.....https://www.politico.com/news/2021/0...ld-porn-498937

[Kepler]

But history has shown that corporations are not capable of looking out for anyone but themselves

Not just incapable but not permitted to. If you are an officer of a publicly traded corporation and you testify you made decisions for the good of humanity at net cost to your shareholders, you can be put in jail.

Our system deliberately, and formally, puts capital above human life. We have a little fairy tale about how this will better for everyone in the long run, but it's bunk just as the similar fairy tales for auto de fes and feudalism were before us. At the very root our system is set up to protect the property of billionaires against any diminution, even at the cost of the death of every person on the planet.

[MichVandal]

Not just incapable but not permitted to. If you are an officer of a publicly traded corporation and you testify you made decisions for the good of humanity at the cost of your shareholders', you can be put in jail.

Thanks to the tax code giving shareholder a significant tax advantage- the desire to have low tax income has biased this far more to shareholders than ever before.

One of these years, we can get back to a tax code where all sources of income are treated exactly the same. When managers and VP's become major shareholders, there's a big problem.

[rufus]

What in the name of hell is he even talking about? This is just insane blather. One private school (unnamed, of course) tries teaching god knows what (he doesn't even specify that) and this is somehow justification for installing cameras in... public schools?


I know I know. I'm trying to look at illogic through a logical lens.

Party of small government, and less interference by government in people's lives.

Oh yeah, and cameras in every classroom.

[St. Clown]

Not just incapable but not permitted to. If you are an officer of a publicly traded corporation and you testify you made decisions for the good of humanity at net cost to your shareholders, you can be put in jail.

Yes and no. (I know, I’m calling out the exception to prove the rule here. With that…) While they are few and far between, there are publicly traded companies that have stated certain mores in their corporate charter. Because of that, the board and CEO are supposed to give consideration, and sometimes have to set as a top priority, some other consideration than just maximizing profits. So long as that’s in the charter, investors can’t sue for non-profit maximizing activity. AND investors could sue if the company strayed from the other priority.

[bigus]

Not just incapable but not permitted to. If you are an officer of a publicly traded corporation and you testify you made decisions for the good of humanity at net cost to your shareholders, you can be put in jail.

It's odd to me that people still believe this. I wonder if this has been perpetuated by corporations to avoid blowback for not switching to B-corp status (which allows them to consider the public good and in many states requires it) which can be done easily and freely.

[Kepler]

It's odd to me that people still believe this.

Possibly because noted Marxist agitprop Forbes says the same thing.

What are you saying, specifically? You stated my thesis was wrong and offered nothing. Tell us exactly what you think are the facts and why that refutes my original statement. St. Clown documented an exception, although it is vanishingly rare and very limited. You didn't even do that.

[Kepler]

Liberals > conservatives



**** you conservatives and everyone who votes for you.

[bigus]

Possibly because noted Marxist agitprop Forbes says the same thing.

What are you saying, specifically? You stated my thesis was wrong and offered nothing. Tell us exactly what you think are the facts and why that refutes my original statement. St. Clown documented an exception, although it is vanishingly rare and very limited. You didn't even do that.

Your thesis statement is that corporations are legally required to maximize shareholder value over all else. This is false. The existence of B corp statutory schemes in most states that either allow or require corporations to consider the public good would be conclusive on that point. Beyond that, it's something of a myth even with C corps.

https://www.nytimes.com/roomfordebat...ximize-profits

(I know Cornell is a poor school but the piece is pretty good)

[Kepler]

Your thesis statement is that corporations are legally required to maximize shareholder value over all else. This is false. The existence of B corp statutory schemes in most states that either allow or require corporations to consider the public good would be conclusive on that point. Beyond that, it's something of a myth even with C corps.

https://www.nytimes.com/roomfordebat...ximize-profits

(I know Cornell is a poor school but the piece is pretty good)

You are sidestepping the point and obviously not a sincere poster. Off to the Fish tank.

[Slap Shot]

you are sidestepping the point and obviously not a sincere poster. Off to the fish tank.

fight! Fight! Fight! Fight!

[bigus]

You are sidestepping the point and obviously not a sincere poster. Off to the Fish tank.

Well, it's possible that either I dont understand your point or that you made it incredibly poorly, or both, but I'm not getting much from you other then unwarranted ad hominem attacks. I engage here rarely, and only engaged on this point because it's a common misconception that's within my area of legal expertise, but I'm not particularly interested in engaging with you any further.

[Deutsche Gopher Fan]

Be proud, conservatives.

https://mobile.twitter.com/KevinMKru...52912169582594

[aparch]

Not just incapable but not permitted to. If you are an officer of a publicly traded corporation and you testify you made decisions for the good of humanity at net cost to your shareholders, you can be put in jail.

Good Lord did the outcome of the Michigan court case of the Dodge Brothers vs Ford Motor Company (204 Mich. 459, 170 N.W. 668 (Mich. 1919)) really have some awful consequences....