Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Should OWS become a Corporation?? After all ... Corporations are people now.

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion: Presidency Donate to DU
 
JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 03:25 PM
Original message
Should OWS become a Corporation?? After all ... Corporations are people now.
If OWS was a corporation, maybe we could by stock in it.

And OWS could FUND PACs with no disclosure requirements.

And individuals could give those OWS PACs unlimited dollars.

Hummmm ....
Printer Friendly | Permalink |  | Top
RoccoR5955 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 03:42 PM
Response to Original message
1. I'll give you a clue
NO!
Printer Friendly | Permalink |  | Top
 
JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 04:08 PM
Response to Reply #1
3. Sounds like you lack a clue.
Printer Friendly | Permalink |  | Top
 
RoccoR5955 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 04:32 PM
Response to Reply #3
5. No I don't
I don't believe that there should be ANY corporatization, profit or non profit in this movement. It just goes against the grain. Not to mention if someone's name is on the documents of incorporation, their head would eventually be in the guillotine's path.
Printer Friendly | Permalink |  | Top
 
ChandlerJr Donating Member (554 posts) Send PM | Profile | Ignore Thu Oct-27-11 03:51 PM
Response to Original message
2. Absolutely if they haven't already.
Edited on Thu Oct-27-11 03:52 PM by ChandlerJr
Not organized for a business purpose and issuing stock, a C Corp., but a non-profit or one of the 501 type organisations. If, as has been reported, they are accepting donations and have opened an account at a credit union they better be accounting for every penny taken in and dispersed. Someones name and SS# or a Federal Tax ID# is required for that account, and you can bet the IRS and Homeland Security will be taking an interest in that money. Sucks but it's the way it is.

This ain't no lemonade stand on the parkway.

Al Capone was imprisoned for violating IRS regs., not his multiple other crimes.
Printer Friendly | Permalink |  | Top
 
JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 04:15 PM
Response to Reply #2
4. Agree ... if Corporations can do all that they can currently do, become one.
And as for "non-profit", maybe... or maybe, they could trademark OWS merchandise ... or maybe an OWS job finder path ... a corp with millions, 99%, of stock holders.

agree this is no lemonade stand. The rules are what they are ... can OWS take advantage of the current rules ... that is the question.
Printer Friendly | Permalink |  | Top
 
RoccoR5955 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 04:34 PM
Response to Reply #4
6. This isn't about trademarks, or merchandise.
It's totally AGAINST all this corporatization. All of the documents should be held in the creative commons, and not be part of any profit making schemes, lest we become those who we despise.
Printer Friendly | Permalink |  | Top
 
JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 04:41 PM
Response to Reply #6
7. We despise all corporations?
Edited on Thu Oct-27-11 04:41 PM by JoePhilly
Printer Friendly | Permalink |  | Top
 
RoccoR5955 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 04:45 PM
Response to Reply #7
8. Just the really big ones... the 1%
You know.
Printer Friendly | Permalink |  | Top
 
hack89 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:03 PM
Response to Original message
9. Then it could be prosecuted, fined, have its assets seized
all those bad things that happen to people when they get dragged into the justice system. Corporate person hood is a two edged sword - one of main reasons for in the first place was to ensure that corporations could be prosecuted criminally or civilly.
Printer Friendly | Permalink |  | Top
 
JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 03:15 PM
Response to Reply #9
11. Does that happen to lots of big corporations? Doesn't seem to.
Printer Friendly | Permalink |  | Top
 
hack89 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 04:05 PM
Response to Reply #11
15. Corporations are fined all the time. nt
Printer Friendly | Permalink |  | Top
 
BadgerKid Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 05:15 PM
Response to Original message
10. Avoid personal liability by making OWS an LLC.
Just a wild thought.
Printer Friendly | Permalink |  | Top
 
justiceischeap Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 03:24 PM
Response to Original message
12. They've received half a million in donations... They need to do something
and incorporating (even as a non-profit) seems the best way to protect their donations and themselves.
Printer Friendly | Permalink |  | Top
 
Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 03:24 PM
Response to Original message
13. They should become a PAC, for certain.
I'd contribute.

Becoming a PAC like AARP or something similar is a good idea.
Printer Friendly | Permalink |  | Top
 
whosinpower Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 03:27 PM
Response to Original message
14. You know....
If someone within the movement does not......
someone else will.

Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 24th 2014, 09:16 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion: Presidency Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC