Path: csiph.com!weretis.net!feeder9.news.weretis.net!news.quux.org!eternal-september.org!feeder2.eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail From: Lynn Wheeler Newsgroups: alt.folklore.computers Subject: Re: The joy of actual numbers, was Democracy Date: Mon, 04 Nov 2024 06:55:17 -1000 Organization: Wheeler&Wheeler Lines: 47 Message-ID: <87ikt36iru.fsf@localhost> References: <086607f1-2283-f7fb-ddf9-ac4766b06530@example.net> <3RPUO.364883$v8v2.299927@fx18.iad> <6723f0c1@news.ausics.net> <7bd05232-fb70-d3c8-d89a-be9f63d85207@example.net> <483e3c29-b695-d91a-bab1-68264d17296f@example.net> <87h68oyr3r.fsf@localhost> MIME-Version: 1.0 Content-Type: text/plain Injection-Date: Mon, 04 Nov 2024 17:55:19 +0100 (CET) Injection-Info: dont-email.me; posting-host="b984e94a2edfb6ebfeff2947d551340e"; logging-data="1095731"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1825lrThK4AtU8fjULO6ND9ONr09JbXH8g=" User-Agent: Gnus/5.13 (Gnus v5.13) Cancel-Lock: sha1:D+MeFz9NEYDMFLXWXxqcwfINYkQ= sha1:+iU/yjHgEn75YC3IZnq7oXyQsTM= Xref: csiph.com alt.folklore.computers:228566 Lynn Wheeler writes: > ... however there has been significant pressure to give corporate > charters to entities operating in self-interest ... followed by > extending constitutional "people" rights to corporations. The supreme > court was scammed into extending 14th amendment rights to corporations > (with faux claims that was what the original authors had intended). > https://www.amazon.com/We-Corporations-American-Businesses-Rights-ebook/dp/B01M64LRDJ/ > pgxiv/loc74-78: Between 1868, when the amendment was ratified, and 1912, > when a scholar set out to identify every Fourteenth Amendment case heard > by the Supreme Court, the justices decided 28 cases dealing with the > rights of African Americans--and an astonishing 312 cases dealing with > the rights of corporations. sometime in the 80s, a gimmick by corporations with large unionized work forces was to create corporate structure with parent company and multiple subsidiaries with the unionized work force in a separate subsidiary and financials structured so the unionized work force subidiary operated near break even or at a loss; US auto makers, large construction equipment makers, airlines. equipment and auto makers could sell to separate subsidiary at wholesale where nearly all the profit was booked. in case of airlines, nearly all the profit was booked in computerized ticket sale subsidiary. in the mid-90s, some airline operations were operating at a loss because of increase in fuel prices, while the parent company still had significant profit (more than offsetting "losses") at the ticket subsidiary. later a airline operations even declared bankruptcy dumping its union workforce pensions on the US gov. https://www.pbgc.gov/ with retirees seeing 2/3rds cut in their pension payments. a large construction equipment company took it a step further and incorporated distributership in offshore tax haven. us manufacturing sold to distributership at wholesale, distributer sales to us customers at retail (with all the profit) were booked in offshore tax heaven ... equipment continued to be shipped directly from us manufacturing to us customers, but nearly all the profit was booked offshore. then there were threats to even move manufacturing out of the US (being able to further cut the wholesale prices and increase the profits in tax havens). then saw some airlines incorporating their computerized ticket corporation in offshore tax haven. -- virtualization experience starting Jan1968, online at home since Mar1970