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For fifteen years corporate lawyers bombarded the Supreme Court with appeals to overturn state corporate laws on the basis that they violated the fourteenth amendment. More than 200 cases were brought before the Supreme Court, and each time the Supreme Court ruled that the fourteenth amendment did not apply to corporations. Then suddenly one day the court reversed its decision.
Opening the Floodgates Since then, corporate lawyers have used the Fourteenth Amendment and the Supreme Court to usurp more and more power. States can no longer revoke or set time limits on corporate charters. They cannot seize corporate property, tax monopoly profits, or levy fines sufficient to punish large corporations for wrong-doing. The states cannot even prevent one corporation from cannibalizing another. In addition, the Supreme Court recently ruled that the States cannot limit corporate campaign advertising.
Corporations have been granted supreme power by the High Court. They have become immortal with unlimited capacity to aggregate wealth and monopolize markets. They are virtually untouchable by the law–using their high-powered lawyers to stall the wheels of justice, and barely flinching at the maximum fines allowed under the law. And now, corporations can use their aggregated wealth to influence elections, buy legislation, and even access taxpayer money.
Where will it all end? What will corporations do when the Supreme Court gives them the right to bear arms? Or worse, what will we do when a corporation decides to run for President? What would our Founding Fathers say to us about the rights of the people being transferred to corporations? How would they respond to a nation of the corporation, by the corporation, and for the corporation?