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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:00 PM
Original message
How about this for a Corporation?
Let's call it Progressive Resources, Inc. It's not a non-profit. It sells a product...just one product, a bumper sticker saying "Progressive Resources Supports Progressives." Each bumper sticker costs $100. That $100 also gets you one share of the corporation and entitles you to vote on the corporation's policies.

All proceeds from sales of Progressive Resources products, after any applicable taxes, will be used to buy television time to campaign for progressive candidates for public office, particularly in places where they stand a decent chance of winning the election. Candidates to be supported will be chosen in elections, based on votes of the corporation's shareholders in elections held online.

Many other such corporations could also be created. If they're going to allow corporations to spend as much money as they want on campaign ads, then let's form corporations with that as their sole purpose. To avoid conflicts with regulations on non-profits, each can sell a product for a price that far, far, exceeds the cost of the product, along with a share in the corporation.

What we cannot change, we should use to advance our own goals. Seems simple enough to me.

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branders seine Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:02 PM
Response to Original message
1. outstanding idea.
Edited on Sat Jan-23-10 02:03 PM by branders seine
who needs a third party now?

just start a corporation and buy as much "government" as you can afford.


I would add to the corporation's mission that it seek through boycott, investigation, lawsuits or whatever to destroy regressive corporations' ability to compete in "governance."
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:06 PM
Response to Original message
2. While I do admire your spunk and the concept...
you gonna compete with big oil, big pharma, big everything conglomerates (nation and international) at the auction for representation?

You gonna loose big time just the same. They have been acquiring all the money for generations. They win if money is what talks.
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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:09 PM
Response to Reply #2
4. So, I'm going to "loose?"
Perhaps I'll "loose the dogs of citizen action." That sounds OK to me.
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:25 PM
Response to Reply #4
13. LOL Yes, I to many typos.
Sad that that is what you decide to rebut. ;)
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sharesunited Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:08 PM
Response to Original message
3. A non-profit to hold the shares of publicly traded corporations
and vote them to influence corporate policy in a manner consistent with the public interest.

Including abstaining from the use of corporate funds to influence elections.
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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:12 PM
Response to Reply #3
6. I prefer direct, undiluted advertising over diluted
influence. Let's say that the corporation I propose sells 10,000 bumper stickers. That provides $1 million to work with. In a Congressional District race, that's a substantial amount of money. And, there are no non-profit rules to follow.
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sharesunited Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:23 PM
Response to Reply #6
10. That is too much outflow for my taste. A voting trust builds over time and gains cumulative power.
Once it acquires the shares, it holds them in perpetuity.

It has a place at the table as a matter of right in corporate and securities law.

It can groom and nominate candidates for corporate boards.

It reinvests the dividends it receives to grow itself. A revenue stream in addition to new donations!
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kudzu22 Donating Member (426 posts) Send PM | Profile | Ignore Sat Jan-23-10 02:12 PM
Response to Original message
5. How many bumper stickers
do you think you can sell? A million? That's $100,000,000. Sounds like a lot but it's less than 1% of 1% of what the big corps will have at their disposal. Do you know what national network airtime costs?

Sorry to rain on your parade.
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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:15 PM
Response to Reply #5
8. Who's talking about national airtime?
I'm talking about offices on the Congressional District level or, at most, on the state level. Think tactical level, not strategic level.

Pick 10 vulnerable congressional races that would matter. Or five senate races. Or whatever that particular corporation chooses to focus on.

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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:36 PM
Response to Reply #8
16. THAT is how the repukes started out.
The RWingers started at the school board level~!!
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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:48 PM
Response to Reply #16
19. They did, indeed. That's why I have paid attention to school board
elections wherever I have lived and worked against winger fundie candidates.

The wingers are way ahead of us at the grassroots level, where we pay not much attention. School boards, city councils, county government, etc. All are normally done in off-years and we just don't pay any attention. We need to start paying very close attention.
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gristy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:13 PM
Response to Original message
7. The country's people must not try to play this new game with these new rules.
Until the rules are changed, they will lose.
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Strelnikov_ Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:25 PM
Response to Reply #7
12. You win by innovating like Hoffmann, not fighting the last war like Zhilinski n/t
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Strelnikov_ Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:19 PM
Response to Original message
9. Related old post of mine regarding liberal radio - form the CPR
The 'Corporation For Progressive Radio'

Kinda ties into your proposal.

++++++++++++++++++

Commercial Progressive/Liberal Radio Is Not Viable

Why people expect power to support those talking truth to power is beyond me.

There is a ready market of over 40% of the populace in even the reddest of areas that are not currently served by political talk radio. What every business model requires, a ready-made market.

Problem is, the money boys (advertisers, station owners) are from the other side of the political divide, and most apparently would prefer to lose money. Even worse, they are now apparently buying up AAR affiliates with good numbers in order to push them off the air. No station, no problem.

So much for the free market.

Instead of trying to ‘fight the last war’, that is, model progressive talk radio after Reich-Wing radio, a different (and not really innovative), approach is needed.

This approach is . . . . use the NPR model.

In larger, left leaning cities, commercial Progressive radio will be viable due to the critical mass of advertisers. In smaller, or redder, markets, where most of the advertisers are prejudiced, funding would come from the ‘Corporation For Progressive Radio’ to offset losses.

As Liberals/Progressives, we would need to donate $100/200 a year to the corporation (I used to donate this much to NPR). If 1/6 of Kerry voters donated $100/yr., $1 B a year could be raised.

My belief is that until those in the Red areas (Phoenix, Missoula, Atlanta, etc. etc.) are provided access to an alternative to Reich-Wing propaganda radio, Progressive politicians will make limited inroads. Some discount the effect of Reich-Wing propaganda radio on the political shift, and dumbing down, of the electorate, particularly the ‘working class’. I do not. Radio is low cost (for the consumer), convenient, and pervasive among the ‘working class’.

One other change is that the on-air ‘personalities’ would need to accept that they are part of a movement, and park their ego, and need for $1 M/yr paychecks, at the door.

My experience with all cities, and particularly ‘Red’ cities (St. Louis, Kansas City, Denver, Des Moines, Albuquerque), is that the older/university neighborhoods are ‘Blue’, surrounded by ‘Red’ suburbs which are the enclaves of the middle and ‘working’ classes. That is, the part of the electorate that has been consistently voting against their best interest. Therefore, the primary strategy would be to ‘serve’ these areas. The ‘Blue’ would provide a critical mass of funds, with the CPR providing funds to keep the enterprise ‘just in the black’.

A secondary strategy would be a salient into smaller markets with larger universities (Columbia, MO, Springfield,. MO, Iowa City/Cedar Rapids, IA, Fort Collins, CO) and therefore a younger demographic. The dynamic in these smaller cities would be similar to the larger cities, with the relatively large progressive base proving the revenue to operate nearly self-sufficient.

A third, and probably most important, strategy, will be an air-drops into (typically ‘Red’) smaller cities that are rural regional centers (Quincy, IL, Topeka, KS, Waterloo, IA, Quad Cities, IA). These operations would probably require the most funds from the CPR.

Parallel to all of the above, ownership of stations should be the priority, or the sorry situation in Missoula and Phoenix will simply continue. With an adequately funded CPR, when a station comes up for sale, they would be ready. On-line funding drives could even be effected to raise funds to outbid the Christo/Corporatist oligarchy.

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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:24 PM
Response to Reply #9
11. There ya go!
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:37 PM
Response to Reply #9
17. Corporation For Progressive Radio - brilliant
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boppers Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:29 PM
Response to Original message
14. You basically re-invented the PAC...
With the additional piece of buying a vote in the organization via purchases.
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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:31 PM
Response to Reply #14
15. PACs are non-profits, right?
If that's the case then they have their own set of regulations to follow. Not the same thing.
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boppers Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-23-10 02:40 PM
Response to Reply #15
18. PAC's could be formed any number of ways (and were)
http://en.wikipedia.org/wiki/Political_action_committee

Note the corporations and unions who were already using the loophole.

The semi-secret part of the latest ruling is that it basically loosens restrains on what already existed, by allowing organizations *more* ability to influence elections. It's not like they weren't throwing money in all along.

If you think for-profit organization lack regulations on the level of non-profits, good luck with that. Step one and two are getting a good lawyer and accountant.
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