Certainly most of us applaud the County Council’s signing the “Citizens United” resolution.
I am not digressing to bring another view of the problem plaguing us about this concern. We know, and we’ve banished the terrible mistreatment of black Americans under “separate but equal” legal chicanery. At the same time (1870s) and using the same method of by-passing the Constitution with state laws, a “separate but equal” economic mistreatment of most of us was instigated.
We are all supposed to be treated the same. But under the “limited liability” trickery, which is foreign and created for the “king’s favorites,” the most comfortable and advantaged of our people became treated as legally “better but equal.” Immediately after “limited liability” we suffered robber barons for the first time.
Super-rich American producers and investors, under full liability for their actions, had their focus on attracting profits through benefitting their customers and communities. They didn’t want to lose everything they had from even mistakenly causing harm.
Lobbying “limited liability” brought callousness to pursue profits cancerously and cannibalistically by eating all in sight. It no longer mattered if worker and customer or bystander nobodies were hurt, the robber barons kept their fortunes and prominence. Consider ever since then entire political careers have been based on Band-aiding “limited liability” horrors.
And, small politico/corporate minds won’t see how they will be greatly better not using this.
Without “limited liability” businesses would back down to what they could produce responsibly; as we watched horizontal aggregation “conglomerates” do in the ’60s. Every sensible person in finance would be motivated to benefit customers, workers and bystanders. We would be generating and seasoning management talents in surplus instead of causing their scarcity. Prices and insurance costs would drop. There would be fewer “needy” and unemployed Americans. We wouldn’t be held hostage to “too big to fail” wastrels.
You get this by a case entered into court that “limited liability” is unconstitutional.
Ken Stacey
Everett
Talk to us
> Give us your news tips.
> Send us a letter to the editor.
> More Herald contact information.