1893 – US Supreme Court decision grants corporations Bill of Rights protections for first time
with the application of the 5th Amendment to a non-human corporate entity
The U.S. Supreme Court rules in Nobel v. Union River Logging [147 U.S. 165], granting to corporations for the first time inalienable rights contained in the Bill of Rights. The 5th Amendment says: “…nor be deprived of life, liberty, or property, without due process of law.”
1843 – Birth of Lord Acton, English historian, politician, and writer
“The issue which has swept down the centuries and which will have to be fought, sooner or later, is the people versus the banks.“
1997 – A letter from President Bill Clinton to Mayor of Toledo, Ohio on limits of Presidential power over corporate decisions is referenced in the following:
“The mayor had asked the president for help in getting the Chrysler Corporation to build a new Jeep factory within Toledo city limits to replace the ancient one which Chrysler Corporation was closing.
“The President of the United States, leader of the most powerful nation the world has ever known, elected head of a government always eager to celebrate the uniqueness of its democracy to the point of forcing it upon other nations, wrote:
‘As I am sure you know, my Administration cannot endorse any potential location for the new production site. My Intergovernmental Affairs staff will be happy to work with you once the Chrysler Board of Directors has made its decision.’
“Our president may not have a clue, but We the People did not grant away our sovereignty when we made Chrysler into a corporation. When we gave the Chrysler Corporation authority to manufacture automobiles, we made the people of Toledo not its subjects, nor Chrysler Corporation their supreme authority.”
From “Corporations, Accountability, and Responsibility,” by Richard Grossman in Defying Corporations, Defining Democracy, p. 141
1755 – Birth of Alexander Hamilton, U.S. “founding father,” first U.S. Treasury Secretary, anti-democrat
Hamilton labeled We the People as the “mob at the gate.” He also said, “Our real disease which is Democracy.” Hamilton was the major proponent of providing a 20-year federal charter to the mis-named First National Bank of the United States, the U.S.’ first private central bank. Seventy-five percent of the bank’s stock was foreign-owned. Federal charters, or licenses, were very unusual at the time, as most corporate charters were issued by the states which were closer to We the People.
1729 – Birth of Edmund Burke, Irish Member of Parliament and author – attributed quote
“All tyranny needs to gain a foothold is for people of good conscience to remain silent.”
We need to speak out and act up for democracy and human rights and to end corporate rule and plutocracy.
2007 – The article, “Who Rules America,” by Professor James Petras is published on Global Research
“Within the financial ruling class…political leaders come from the public and private equity banks, namely Wall Street – especially Goldman Sachs, Blackstone, the Carlyle Group and others. They organize and fund both major parties and their electoral campaigns. They pressure, negotiate and draw up the most comprehensive and favorable legislation on global strategies and sectoral policies…They pressure the government to “bailout” bankrupt and failed speculative firms and to balance the budget by lowering social expenditures instead of raising taxes on speculative “windfall” profits…These private equity banks are involved in every sector of the economy, in every region of the world economy and increasingly speculate in the conglomerates which are acquired. Much of the investment funds now in the hands of the US investment banks, hedge funds and other sectors of the financial ruling class originated in the profits extracted from workers in the manufacturing and service sector.”
1914 – Death in this month of Ambrose Bierce, U.S. editorialist, journalist and writer.
“Corporation: An ingenious device for obtaining individual profit without individual responsibility.”
1929 – Birth of Martin Luther King, Jr.
“The ultimate tragedy is not the oppression and cruelty by the bad people but the silence over that by the good people.”
It is no time to remain silent to injustice, corporate rule, and plutocracy.