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News Link • Government

How 'Corporate Personhood' and 'Citizens United v. FEC' Has Gutted U.S. Democracy

Well, this seems about right. Most impressively, the video below explains how corporations are legally required to put the interest of shareholders and the maximizing of profits above all other concerns.

This is just one of the reasons we were so critical of Obama's recent address to the damnable U.S. Chamber of Commerce, the largest corporate lobbying group in the nation, wherein he seemed to be grovelling for them to work together in the interest of creating jobs for Americans. Silly, that. The corporations he was meeting with have a legal fiduciary duty to maximize profits. Period. They have no requirement to do anything else. In fact, they have a legal responsibility to do nothing but!


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