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Berkshire Hathaway Inc. Message Board

  • canine15 Mar 1, 2012 2:13 PM Flag

    Republicans are currently owned by corporations.

    They have not only defended corporations but have worked tirelessly to push corporate sponsored legislation through Congress. The Founding Fathers feared this kind of relationship and viewed corporations with suspicion and largely kept them at arms length. In fact, one reason the founding generation went to war with Britain is because of the influence that the East India Trading Company had on the British Parliament. A corporation even once governed Massachusetts on behalf of England. The Revolutionary War ended this practice. After the nation’s founding, corporations were granted charters by the state as they are today. Unlike today, however, corporations were only permitted to exist 20 or 30 years and could only deal in one commodity, could not hold stock in other companies, and their property holdings were limited to what they needed to accomplish their business goals. And perhaps the most important facet of all this is that most states in the early days of the nation had laws on the books that made any political contribution by corporations a criminal offense. When you think about it, the regulations imposed on corporations in the early days of America were far harsher than they are now. Still not convinced? Here is some advice from Thomas Jefferson that all Americans should take to heart.

    “I hope that we shall crush in its birth the aristocracy of our monied corporations, which dare already to challenge our government to a trial of strength, and bid defiance to the laws of our country.”

    In 1798, John Adams signed the very first health care mandate into law. The law required sailors to pay a tax to the United States government which in turn would provide medical care to them.

    The next President, Thomas Jefferson, apparently approved of this program as well, since he never challenged it, nor did he ever try to repeal it.

    America should have a single-payer option like most other modern Western countries.

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    • do not leave out the reason for the war of 1812.
      why did the British invade us?
      anything to do with money?

      • 1 Reply to sonya20911
      • The Democrats currently in power have made milking money from corporations an art form while at the same time vilifying corporations publicly to win voter approval.

        Reminds me of the FDR days.

        Make regulations that gives the politicians more control over the economy and if it works then good. If not then just make more regulations (even if the first set of regulations caused the failure to begin with).

        Either way, from a political point of view, the politicians win by gaining more conrol and power over industry.

        That is the reason why so many people say we are becoming more Fascist. That is what Fascism is ... political control over private enterprise. Nothing more and nothing less.

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