Who do you trust more? Government or Corporations?

Conservatives are saying government is incompetent and can't be trusted to run their affairs. In fact they argued against government taking control of their resources to sell them, so they could enjoy low or no taxation. In any event who is more competent? I might remind you, it wasn't until corporations got their fingers into government that we went 17 Trillion (some say 200 Trillion) in debt. So who do trust more with your lives? And why?

Here is my argument from articles

Enron, once the worlds largest energy company, was ranked number seven by Fortune magazine in April 2001 in Fortunes ranking by market capitalization of the five hundred largest corporations in the United States. On December 2, 2001, Enron filed for Chapter 11 bankruptcy. The sudden and swift collapse in the market value of this corporate giant has had major ramifications for nearly all of its stakeholders including, but not limited to, its shareholders, employees, creditors, and auditors.

Before the collapse of Enron, many individuals and institutions in the United States, including representatives in the US Congress, were largely in favor of deregulation of business. However, in the wake of huge losses at the Enron Corporation, the debate on regulation vs. deregulation has been revived and gained momentum. It has become increasingly evident that corporate failure of the magnitude of Enron causes serious economic, political, and social dislocation.

Before the securities market crash of 1929 and the Great Depression, there was very little support for governmental regulation of securities markets. Many individuals and institutions lost significant sums of money in the 1929 crash, which also brought about a steep decline in public confidence in securities markets. To restore the investing publics faith in capital markets, Congress passed the Securities Act of 1933 and Securities Exchange Act of 1934. These laws were designed to restore investor confidence in U.S. capital markets by providing for more structure and oversight.
http://www.bsu.edu/mcobwin/ajb/?p=199


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So the only way a corporation can be trusted is if the government oversees them to stop corruption, because....they are responsible for ruining your lives. They are responsible for the corruption in Congress, for globalization, offshoring, outsourcing, down sizing, and millions of Americans without jobs, homes, cars, and medical care. They have raped the economy with bailouts. subsidies and other corporate aid mechanisms. Imagine being paid not to grow food, or getting bonuses to export and free advertising overseas, etc.

Now I really have to question the mindset of conservatives when they say they trust corporations over the government that can police them. Especially when wall street and bankers walked with trillions, and GM was bailed out from their obligations to workers when they were solvent. This isn't about Obama or Bush, they are all in the cooperations pockets. What I do notice is the American people are broke and penniless, the corporations are rich and thriving. If the resources were in our own hands to manage the situation would be just the opposite or close to it.

 

Neither can be trusted. However, we do have (albeit limited) power to change the government when it royally screws up. Corporations can just keep on keeping on.

 

I think government is the militant wing of the corporations. Those who say "the corporations cannot force you to buy their products" simply don't understand the relationship between the two.

 

Well seeing as how the government has more power than a corporation, if both are run by unethical demons then I trust the corporation more. At least they can't actually force you to do anything at gunpoint if you didn't agree to it.

 

trick question, Corporations are like mini governments

 

This is a false dichotomy.

In a free market, I don't have any need to trust a corporation. If they fail me I can stop doing business with them.

One does not have as much control or options in their dealings with government.

 

I should point out, the third option, if you were running your own resources there would be little point of the gun exercises.

What they can do is file bankruptcy, hand the money out to the CEOs, and leave you penniless, and they don't need a gun, they just need to buy the judge. ie. Enron, Hostess, etc.

What they do is get bail outs, subsidies, bonuses, and other corporate handouts like you paying for low wage workers wages and health benefits, and don't use a gun, but rape your wallet with taxes.

What they do is use your government to take Trillions for bankers, Wallstreet CEOs, stockholders & board members, and don't use a gun to do it, but have just raped your family and your future generations.

What they do is pollute the environment, destroy the Gulf, the Western coast lines, drive up food & gas prices, destroy your families health and well being for profits and leave you holding the bag without using a gun.

What they do is create millions of people on social services you pay for with taxes, at the point of a gun they hold.

Has government done all that for you to trust a corporation more? And since you are government, I assume you can trust yourself to control your own resources and sell them for a profit. Mercy!!

 

what's the difference?

 

Ok....so the US government is in bed with corporations. What else is new? Since it's entirely up to the government whether to give them all these benefits, why should I be trusting them more since they are obviously abusing their power?

The corporations have none of the sway you suggest if the government does not have the power to grant it too them. But we let them have it....

 

I do not trust government , I do work for them but I do not trust them... all large to big to fail companies need to be broke up....... The union needs to represent the folks and not just politicians ...

 

all that cannot be done without the government's involvement with the corporation.. hence my question, what's the difference. In a world where there's a more proper separation of government and corporations, I can trust the corporations a lot more.. but then again, I can trust the government a lot more as well

 

I agree corporations are controlling government, that is where the $17T (or 200T) debt comes from. It didn't fill the pockets of poor people, they are poor. It didn't fill the middle class pockets, they are bankrupt & homeless.

By taking control of your own resources (Those federal property's of riches) you take away the power of corporations. You have to get corporations out of government ~ you are government, We the people, our representatives, not We the corporation, corporate representatives. Corporations through their lobbyists are why we are where we are today. The way to get corporations out of government is stop taxing them, then stop giving them corporate aid, then stop lobbying and cut them off. Deregulate everything and let consumer beware, remove all caps and restrictions on lawsuits so a citizen can be justly compensated for harm.

What does regulation mean? It means the taxpayer is paying for inspectors for Foster farm chickens to ensure they are not sued for giving consumers a disease. Why should I be paying for Foster Farms chicken inspection, research and development, etc? Regulation is why. So regulation is not my friend. My remedy is the court system and having the ability to sue them for harm, to the point of owning their business. And by owning their business I would ensure no one is harmed like I was, so I would have good inspection, testing, etc.

IF you were running your own federal resources, the income would ensure you have no taxation and would be getting a profit, similar to what Alaskans do for their own oil. That seems to be an incentive to trust your government more than a corporation that is stealing your oil & selling it back to you based on OPEC prices, plus any price they want to invent with excuses. If you were running your own oil resources like hundreds of other country's, you could be pumping it as low as .01.5 cents a gallon.

Premium gasoline in Venezuela costs 5.8 U.S. cents a gallon, using the official exchange rate. At an informal currency exchange rate that prevails for most transactions, it is even cheaper: 1.5 cents a gallon. http://online.wsj.com/news/articles/SB10001424127887324000704578386771059515346

I figure if we sold it at $2.00 a gallon, that would pay all the bills with gasoline alone, not counting jet fuels, diesels, products, etc. AND that is only one of Americas federal resources that you own.

So trusting oil corporations really isn't a smart way to go.

 

These days they are one in the same. They have merged.

 

You're really missing the point. it's not about trust, it's about incentives and efficiency..

 

That is exactly what I thought.

 

I agree, but corporations own government, not you the WE THE PEOPLE. You allow it to go on. You side with the corporations, you run the worker out of wages, benefits and jobs, destroy unions that support labor, etc. No one to blame but those who help corporations destroy America, and people who allow it to happen.

 

I trust neither, but trust government less tha corporations.

 

For me, it is about WE THE PEOPLE. I see my Americans hurting due, simply, to a mindset that has been instilled by corporate agents. I know it doesn't have to be that way, it is all a state of mind and seeking logical answers to solve the problems. Even you see the World through profit and loss, not through the human condition. It doesn't have to be this way at all, and shouldn't be for Americans who vast resources they can sell themselves.

I have already shown, at least I think so, that corporations are the ones you cannot trust, that stole & control my government, and damn near destroyed it and the people. Obviously, the people didn't do it, they don't control it. They did do it in the one sense that they have allowed it to happen.

 

I don't side with anybody, I want a corporation to earn all of its profit. As long as idiots keep electing corrupt politicians, governments and corporations will continue to team up.

 

All but. Sure, the people can choose between the Republicrat candidates, but big money takes over from there. Hell, big money essentially picked the two people you get to choose from in the first place.

 

All but? What? I'm pretty certain you just agreed with me but I'm not too sure. lol

 

They can pressure the government to release stimulus checks to buy their crap. They can pressure them to attack sovereign countries. They can pressure them to spend $1 billion on a healthcare website. They can pressure them to cut taxes on corporations. They can pressure them to create more tax loopholes for corporations. They can pressure them to give them corporate welfare.

I don't think that lobbying should be banned so much as criminalized.

 

I was agreeing!

 

Oh ahaha okay sorry! The "all but" part threw me off guard but they rest I was like "I totally agree!"

 

I trust neither, because they are one in the same. Corporations run government now. Not the people.