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[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (4 children)

no government oversight of chartered corporations is a good thing

Why?

If the state believes that certain organization needs to exist, it should be allowed to create it. But it shouldn't be able to bend the law in its favor. Once this new organization becomes too corrupt to work with, the market will replace it. This way, the state can have flexibility, but can't promote monopolies and centralization. Chartered corporations are unnecessary and harmful.

[–]Jesus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

Doesn't work like that though. Bail ins and bail outs. The government IS A CORPORATION. Corporations were if ever chartered and had strict rules when they were. Chain corporations were forbidden for awhile because smart people knew that would lead to food stamps.

[–][deleted] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (2 children)

A government is an organization with sovereignty. A corporation must have a lord.

Oh. You were trying to say that WE THE PEOPLE were supposed to be that lord? Sorry, but the world doesn't work this way.

[–]Jesus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

No, the US corp is something WE SHOULD OWN but DON'T for a common collective instead of nu-age grifters and private fictional corporations siponing monies from us for servies to foreign nations and weapons.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

When a family has a house, and then a squirrel enters this house and starts telling everyone what to do, does the family still own the house?

The squirrel is small and powerless, if the family admits they don't own the house, some other entity may claim it, and the squirrel won't be able to do anything.