Good man!
The problem is the law of corporations. A company can shuffle some papers and assets and bevcome a whole new entity with a clean slate, or become a wholly owned part of a new company which can shuffle more papers to obscure ownership, liability or both. An individual cannot just go file some papers and take on a whole new identity, leaving the liabilities of the old one behind. Fact is, because of the structure of corporate laws they are held to a much lower standard of legal responsibility than any of us could hope to be. Forget most of the lawyers, they have an obligation to apply the laws to the advantage of their clients. Damn the lobbyists and the pols they buy.
Not the least of which are those lobbying on behalf of the corporate legal profession!
Lawyers paying lawyers to lobby lawyers which WE hire and pay handsomely to make up rules that help people avoid legal responsibility if they can pay the price and which require lawyers to interpret.
Good (insert your preferred Deity here), we must look stupid from space......
The lawyers don't make law though, unless they happen to be elected to public office. That's a common misperception. They have an ethical obligation to use the existing law to the advantage of their clients. Some of them really are scumbags who don't take their oaths seriously, others are just doing their jobs working within a crappy system.
And yes, we probably do look pretty stupid to anybody who doesn't take corporatism for granted.
I'm going to disagree using the example of our Health-care 'reform' being crafted, for the most part, by lobbyists, most of whom have a law degree.