The Accumlation of Wealth is not protected by the Constitution.

Discussion in 'Politics' started by Sallow, Dec 11, 2010.

  1. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Was watching the PBS show "Open Mind" where a Conservative lawyer and a Liberal Professor were debating the Citizen's United case. There were many interesting points made on both sides. The professor pointed out that Citizen's United opened up a secret conduit for corporations to fund candidates they wanted and was dangerous to free speech. The Lawyer pointed out that it was Liberals that wanted the non-disclosure loophole and it was an "unintended consequence" that people like Rove exploited it. He pointed out that Unions, George Soros and the ACLU use the very same method.

    Then something interesting happened. The professor tried to point out that the use of money to pay for speech is action..not speech..and is not protected by the Constitution. He also had previously brought up that corporations were not protected as a collective entity but the press were.

    The case he brought up was:

    United States v. O'Brien - Wikipedia, the free encyclopedia

    The lawyer's rebuttal was what I found pretty poignant. He did not want government interference with the free expression of ideas. He said that when governments around the world become involved in setting the limits of speech..the outcomes are usually pretty bad. What he suggested was that the accumlation of wealth was the problem and not the speech. Government does have the power to limit that through progressive taxation or eliminate the corporate entity itself...through anti-trust. While I've basically felt the same way..I never thought it quite in those terms. That the accumlation of wealth is not protected by the United States Constitution.

    And that came from the Conservative. I really miss that sort of thing. Intelligent conservative thought. Willam Buckley was a favorite of mine. So far no one really comes quite close.
     
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  2. loosecannon
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    loosecannon Senior Member

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    "That the accumlation of wealth is not protected by the United States Constitution."

    Property rights are mainly protected by British Common Law which was legally adopted by all of, or almost all of, the states and is covered in those state's constitutions.

    But the accumulation of wealth, esp immortal wealth in all forms, is a huge problem both for democracy and for the economy.

    Correct, the constitution protects neither. But the states do.
     
    Last edited: Dec 11, 2010
  3. Jack Fate
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    Jack Fate I'm Your Daddy

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    Corporations are made up of US citizens.
     
  4. Foxfyre
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    Foxfyre Eternal optimist Gold Supporting Member Supporting Member

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    The accumulation of wealth is absolutely protected by the Constiution so long as the unalienable, civil, legal, and Constitutional rights of others are not violated. That's what the anti-trust and RICO laws are intended to do: protect the rights of everybody and establish what will be unlawful conduct by business and enterprise.

    There is no freedom without the right to lawfully and ethically acquire however much property one's ability and desire will allow, however. The minute government can decide how much is 'enough' for anybody, we have no freedoms at all.

    Progressive taxation, in my opinion, goes against the intent of the Constitution and in many ways is counter productive in what it is intended to accomplish.

    Freedom loving people should be asking how much is necessary to have an effective, efficient, and fiscally responsible government rather than how much should anybody be allowed to earn.
     
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    Last edited: Dec 11, 2010
  5. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    Sallow clearly doesn't get the 5th Amendment.
     
  6. Agit8r
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    Agit8r Gold Member

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    OF COURSE! PERPETUAL ACCUMULATION OF PROPERTY WAS CONSIDERED ANTI_REPUBLICAN!

    "But besides the danger of a direct mixture of Religion & civil Government, there is an evil which ought to be guarded agst in the indefinite accumulation of property from the capacity of holding it in perpetuity by ecclesiastical corporations. The power of all corporations, ought to be limited in this respect. The growing wealth acquired by them never fails to be a source of abuses."

    -- James Madison; Detached Memoranda (1818-ish)
     
  7. loosecannon
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    loosecannon Senior Member

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    sure he does:

     
  8. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    "The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people." - 9th Amendment

    There's nothing intelligent about saying the Constitution gives the government the right to pillage the people.
     
  9. Conspiracist
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    Conspiracist Snuggle weather rocks!

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    Not always true
     
  10. loosecannon
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    loosecannon Senior Member

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    immortal and or hereditary wealth is what the colonists sought to escape the bondage of
     

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