On Tue, Apr 7, 2009 at 2:33 PM, William B wrote: > > > Agree 100%. If we are going to ask for specific rules, we ought to follow > > those rules ourselves. Great example of the leveling of the playing field > > that needs to take place in global markets. > > So, let me see if I'm understanding you here. If Obama were to > announce that he was supporting legislation that would effectively > force this on Delaware, you'd be all for it? >
My preference would be for us to not tell the rest of the world what to do about their corporate charters. The Obama move is all about collecting taxes on Americans and American corporations who want to hide their money offshore. But why is the federal government bullying other nations about the practice when some U.S. states allow it? Easy - the President can bully Tortola because there are no rules to prevent it, but if the President or Congress tries to bully Delaware, for example, the state has a recourse to legal defense against the bullying in the federal courts. My take: - The federal government has way too much power over our lives. - The lack of an international civil legal framework, where an aggrieved party may seek a legal remedy for an alleged wrong, makes this kind of economic bullying between nations not only possible but guaranteed. - We can't get to a proper international legal framework until all states of the world agree on issues of basic governance. We could start with the recognition that all governments exist only at the consent of the governed. That would be a big step forward from where we are today. I think you could sum up my feeling about government as this- how many governments have an influence over our lives is really not an issue. The big issue is how much influence those governments have over our lives. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:294330 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
