Notes: Congress passed a new corporate fraud bill this week and W. says he'll sign it. Good. The market is saved. Corporate crooks will be led away through a gauntlet of television cameras. We'll cheer and feel warm as schadenfreude fills our hearts at the spectacle. Mankind is a better species now. Not really.
Corporate CEOs and other executive have had a moral obligation not to pillage the public since the first corporation was formed. Yet, they've routinely done so. CNN's Lou Dobbs -- a self-proclaimed conservative Republican -- made the point on his show Moneyline that corporations cannot commit a crime -- only people can. He wants the Feds to quit indicting corporations and indict the criminal corporate executives.
I might be able to get behind Dobb's thesis if corporations would stop selling us on the proposition that they do good. In other words if they can't do wrong, then they can't do right. Indeed a corporation is simply a legal entity organized for two purposes: 1) to make money, and 2) to insulate individuals from liability for acts done by the corporation. Number two gets us back to whether a corporation can act or whether only individuals can act. We could expand Dobbs' criminal-based concept to civil law and allow easier piercing of the corporate veil so that individual corporate executives could be more easily sued for their wrongful acts.
If corporations are just entities that can't commit a crime, that is, can't think or feel, I want them to stop trying to make us feel warm and fuzzy about them through those misleading, sappy, golden-lighted commercials that convince us they care about us. They don't and can't. I want corporations to stop squealing when they get sued over harmful products they injure people with. A corporation can't squeal, only living things can squeal. I want corporations to quit their ad campaigns to convince us that we're mentally ill, insomniacs or allergic so that we'll rush to a doctor and demand their drug by name. Of course many doctors get their education on new drugs from pharmaceutical sales people pushing a product brand, so he's ready for us. After all, that's the synergy of corporate greed.
The comic strip, by the way, is a play on the famous painting "The Creation of Adam" done by Michelangelo on the Sistine Chapel. 07.28.02