Posted to WBUR message board, followed by ----- and my comments for
y'all he

Tom, I heard you and Simon Johnson talking about corporations (banks)
"too big to fail" and thought back to our Civil War and forward to our
next war.

We have corporations that are "too big to fail" because we granted
corporations all powers of the natural human person (corpus) *plus* a
power taken from us each and all in the end of the Civil War, by the
Emancipation Proclamation: the power to buy and sell each other. We
fought bitterly over that point in the Civil War and we decided as a
Nation it's morallly unacceptable. So one leveraged buyout after
another, the corporations grow. *Of course* they're "too big to fail";
they are obese to morbidity.

Our next war in my opinion will be a over this one point. Someone will
have to propose that corporations no longer be permitted to buy and
sell each other. Only then will the growth and increasing instability
subside.

Our allies in this, surprisingly enough, are the Armies of low-wage
service workers from South of our border. Hispanics have in their
language the word "usted" for "you" and "ustedes" for "you-all". They
have an inherent and powerful tool for coping with the clutter of
irresponsibility that comes when Congress asks the chairman of a
corporation "Why did you do that?" and the chairman answers "I didn't.
We decided it in a meeting."

The next Amendement to our Constitution *must* be an Emancipation
Proclamation preventing further buying and selling of corporations
while the waters settle. If we do not do this, our little boat will be
tossed beyond belief while the waves continue to grow. Corporations
must be freed from the temptation to grow by acquiring each other. We
did it and we were better for it. They can do it, and they'll be
better for it.

Go back to the Federalist No. 10 and read about the dangers of
coalition described there, 300 years ago, if you don't believe what I
have written here.

-----

I own the means of production. I didn't read Das Kapital and I don't
know if this makes me a communist but it should keep my afloat during
the next wave. The rest, I hope they catch on.

What do you-all think?

Voting theory? Matrix Economics? Simplexity? Whatever. I would like to
hear it.


Best,

Douglas (Dana)