I would place Monsanto at the top of the list
Kirk

 

________________________________
From: Keith Addison <[EMAIL PROTECTED]>
To: biofuel@sustainablelists.org
Sent: Friday, October 21, 2011 8:53 AM
Subject: [Biofuel] Five Candidates for the Corporate Death Penalty

http://www.commondreams.org/view/2011/10/20-8

Published on Thursday, October 20, 2011 by Single Payer Action

Five Candidates for the Corporate Death Penalty

by Russell Mokhiber

One of the most famous signs to come out of Occupy Wall Street stated 
simply: "I will believe corporations are people when Texas executes 
one."

That was sort of a joke.

But in fact, for the benefit of real live human beings, some 
corporations ought to be executed.

My guess is that most of the occupiers at Wall Street would be in 
favor of the corporate death penalty.

Some - like Richard Grossman - would criminalize the corporate form.

But if you want to take the incremental approach, here's my list of 
five candidates for the corporate death penalty.

Health insurance corporations. Most western industrialized countries 
- with the exception of the USA - already have this death penalty in 
place. In those countries, corporations are not allowed to sell 
primary private health insurance. Instead, there is a public single 
payer - everybody in, nobody out. Under this death penalty proposal 
corporations like Aetna, CIGNA, UnitedHealth, and Wellpoint would be 
put out of business. And with a public single payer to replace them, 
we'd save billions of dollars and the lives of more than 45,000 
Americans who die every year from lack of health insurance.

Nuclear power corporations. Do we really need a Fukushima here in the 
United States? We do not. Without government loan guarantees and 
federal limits on nuclear liability, the industry would be put out of 
business. So, we could simply cut the federal subsidy and that would 
be the end of it. And we should. A wide range of safer, cleaner 
energy options is available to replace the energy currently being 
generated by unsafe nuclear power.

Giant Banks. Wells Fargo. Citibank. Bank of America. JP Morgan Chase. 
Morgan Stanley. Goldman Sachs. They should be executed - broken up 
and replaced by smaller banks. Break up the big banks. And impose a 
hard cap on their size. No bank should have assets of more than four 
percent of GDP. There is support across the political spectrum for 
this proposal. During the debate over financial reform, the measure 
garnered 33 votes in the Senate - it was called the Brown-Kaufman 
amendment.

Fracking corporations. Hydraulic fracturing - fracking - is wrecking 
havoc in the northeastern part of the United States. Any corporation 
engaged in fracking behavior that threatens drinking water supplies 
ought to be put out of business. Anti-fracking activists in New York 
have already drafted legislation that would criminalize fracking 
corporations.

Corporate criminal recidivists. Legislatures should adopt provisions 
to strip corporations of their charters for serious corporate 
violations or for recidivist behavior. Some states already have such 
provisions, although they are rarely invoked.

Some corporations have been put to death for wrongful behavior, but 
they have been mostly smaller companies.

In 1983, the Attorney General of Virginia asked the state's 
corporation commission to dissolve a book company convicted of 
possessing obscene films.

But when it comes to the serious crimes that big corporations engage 
in - pollution, corruption, fraud, threatening the lives of real 
Americans - the death penalty is off the table.

If we are serious about corporate crime, the death penalty is a 
deterrent that will work.

Russell Mokhiber is editor of the Washington, D.C.-based Corporate 
Crime Reporter.  He is also founder of singlepayeraction.org, and 
editor of the website Morgan County USA

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