SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Nadine Carroll who wrote (133831)3/28/2001 2:43:25 PM
From: Neocon  Read Replies (3) | Respond to of 769667
 
You are already assuming too much. The issue is usually one of fighting the imposition of costs, and thus not making money, but saving money, which is the corporation's fiduciary responsibility to shareholders, among whom are pension funds, insurance companies, and other institutional investors that tend to spread the wealth. You are assuming that what is often a matter of indifference to the majority of citizens, or, in any case, one that benefits them marginally, outweighs the harm done to the corporation and its shareholders through aggressive regulation. You are assuming, in general, that the corporation is acting against the public interest, and merely for "selfish" ends, and thus that one cannot legitimate its activity as commentary on matters of policy. However, the principle that anyone has the right to defend his interests or the interests of those he represents is bedrock, and it cannot be assumed that the public interest and the interest of a substantial economic enterprise are necessarily at odds. You are hoping to write bias into the law......



To: Nadine Carroll who wrote (133831)3/28/2001 2:55:39 PM
From: greenspirit  Read Replies (2) | Respond to of 769667
 
res-Does the government have a substantial interest in permitting the good of a majority of citizens to occasionally outweigh the profits of a major corporation?

Here's the problem with that kind of thinking. Who is going to "judge" what is good for the citizens vs what is good for the corporations. You? Or better yet, the Democrat party??

Corporations making a profit are not the evil entity infecting America Nadine. Let's see if I can get one Democrat to repeat this line...

"Thank God for American corporations and their success in the world economy."