If corporations are "people", how is it they can be granted limited liability?

How is it constitutional for some "people" to intrinsically have more rights than others?

Hopefully, someone will take some LLC to court and push it to the SCOTUS and make them decide.

They spend millions of dollars to buy Senators and Representatives in order to save hundreds of billions in liability.

for Selective Service?

it needs to GO!

Like Elizabeth Taylor was, except in this case it's both a corporation and a person and can enjoy the best of both worlds...

Looks like a little crack in the facade that might be used to bring 'em down to a more reasonable level.

:applause: :applause: :applause: :applause: :applause: :applause:

Limited liability was put in place not to shield corporations but rather to shield the non corporate assets of investors in case the corporation or company went belly up.

If you own stock that is why your assets were not siezed when any of the companies in your portfolio were not siezed. The law was designed to protect smaller investors and to encourange them to invest.

Still somethings gotta change.

If you invest money in an individual hoping for a profitable return, and the individual goes belly up and declares bankruptcy, you don't get your money back.

But giving added protection to investors of corporations insures that money will ultimately flow to corporations.

The first causalities will be individuals, but ultimately "We the People's" government will lose out as well.

So is the law really "designed to protect smaller investors" or to protect a dynamic insuring cash flow to corporations and indirectly oligarchs?

or that they are considered "people"?

investors' liability in corporations are limited to 100% the funds they invested in the corporations.
the limits on liability for actual people is different, but in some states you can't lose your house, e.g., or your retirement funds, or certain other income streams.

the concept that corporations are "persons" has limited applicability, it's not a broad statement that they're equivalent to "people" in every last detail. they have rights to sue in court and so on. and now they have the right to engage in unfettered bribery of public officials.

corporation don't have more "rights" than people, they've been granted certain additional privileges by acts of congress, e.g., the ability to avoid taxes on brazillions of profits.


incidentally, anyone can create a corporation for the appropriate filing fee. you, too, can create a corporation and go buy a few public officials. you just need to find the funding for your corporation. but then, that's business!

I think that the equal protection clause of the 14th Amendment should apply here.

What do you think limits on malpractice are?
Or laws that shield cops/officers of court from legal reprisal?

The people who own the corporation have their liability limited to their investment in it.

:P