The United States of America is incorporated. A business. One with assets. Just as a large company like Microsoft. That was shocking enough to
realize, but then to find that every state in the territory as well was also incorporated. This got me wondering.
The thing that gets me is that corporations are not allowed, by law, to become politically "charged" in terms of their control of the masses of a
Now we enter the government bail out of our History Books and I can only ponder (lightly because I am a biker and not an accountant or lawyer) how is
this really posible.
First off, the region incorporations (Dallas Incorporated in Texas, Baltimore Incorporated in Maryland), the state incorporations (Texas Incorporated,
Virginia Incorporated) operate under their own corperation and MADE laws. Meaning to say, that when the corporation was formed it had to set it's
rules and regulations within itself.
I am activly trying to get the corporation rules from my home state just to see if they exsist, and if so, what do they apply to the company.
Now, it does not take millions of dollars to become a corporation. I've heard tell that it can be done one time with a lawyer fee of about $200.
Anyone (yes, person), can incorporate. Any couple can as well.
We all know and joke about our state looking for money (cops hitting their quota, etc.), but it might be more serious than that. The corporation is
into keeping it's stock holders happy (if the corporation is set up with stock holders). Now are the state corporations set up with stock holders?
I am not sure, but hope someone here at ATS can help us out here. That would be a shock to find out that majority stock holder of your home state was
some oil company.
So, each state is a corporation, seperate from the government, United States of America, that is NOT located on American soil (District of Columbia).
Is it any wonder our economys (not only state to state, but federally as well) are messed up.
Getting back to the bailout part of this all: I guess the government could bail out a city, county or state seeings how they have done it to actual
business corporations. But that of course does not mean its right. If I incorporate and sart my own company and it flops, the government doesn't
have to bail me out. But it COULD. SO what then happens it if DOES bail out the city or state incorporations. What if it DOESN'T. Can Dupont
openly purchase the assets of the state of Ohio? Realizing that each person who pays taxes to the state of Ohio (and I'm using that as an example
but it isthe same for each state) is then consitered an asset, that would mean that in this example, Dupont could own every person in Ohio.
Now, I will be first to say that I am not a lawyer (biker remember?) and some of this info may be flawed. But that is why I am posting this, to get
more input as to peoples feelings about this and to try and hammer out how all this would/could actually work out.
Is it then a conflict of intrest if the government DOES bail out a state? What happens to us (as citizens) if it does?
There have been a lot of questions in here and mostly because I know that here on ATS there are a whole lot smarter people than myself. Plus there
might be some that are not sure or know that the city, county and state they live in are actually set up as businesses. Lest we forget that the goal
of a business- ANY business is to make money.
Here are some links:
[edit on 28-10-2009 by Jkd Up]